Glenn Beck has said that this book is for the American people and not for any one political party.  He has written for those who are sick of the corruption in Washington.

Common Sense Excerpt

By 2019, annual interest payments on the national debt will balloon to a projected $806 billion!  Why?  Because, as you might know from your own credit cards, interest compounds quickly.  Making only the minimum payments will result in the unpaid interest being added to our outstanding debt.  It’s a cycle that’s almost impossible to pull out of and the damage to our country will almost certainly be irreversible.  That $806 billion is more than what it cost us last year to fund the entire Department of Defense ($583 billion), Veterans Affairs ($86.6 billion), the Department of Transportation ($68.7 billion), and the State Department ($18.9 billion) … combined.

Where will all of that money come from?  Again, the politicians say “the rich!” or maybe “the greedy corporations!” –but if that’s our plan, then we are set up for a dramatic failure.  The total 2008 profits of Exxon Mobil ($42.2 billion), General Electric ($17.41 billion), Wal-Mart ($12.7 billion), and IBM ($12.3 billion) totaled $87.61 billion.  If we taxed those profits at 100 percent we still wouldn’t even have one-third of the amount needed to pay the annual interest payment–let alone any of the principal!

So what about the wealthy?  Look at it this way: if we took all personal income tax revenue from every American taxpayer for the next decade you would still NOT have enough money to pay off the national debt, even if you exclude interest.  And, as a side benefit, we’d have zero dollars to fund the actual government over those years.

This is modern-day slavery, but instead of being sold to work in the fields our children will be working hundred-hour weeks at their jobs to pay off the debts we’ve amassed.

Common sense shouts that if this were happening in your home you’d have to stop spending immediately.  So what is Washington doing?  The exact opposite.  They’re spending even more.

President Obama announced that his 2009 budget was projected to produce a $1,700,000,000,000 deficit.  If you break that down you find that we’re spending $4.657 billion every day for a year, which breaks down further to $53,906.64 per second.  In the time it takes you to read this paragraph, our government will have spent more than what most Americans make in more than twenty years of work!

Borrowed money has to be paid back–but it won’t be us who will have to do it.  Our children will question our sanity for spending money we did not have on “bridges to nowhere,” skateboard parks, tattoo removal, and other pork-laden projects that politicians stuffed into “must pass” legislation.  They will wonder why we tolerated such reckless behavior from our elected leaders instead of holding them accountable.

How will we respond? (Beck’s Common Sense pg 25-26)

Wal-Mart is selling Glenn Beck for $5 dollars!

I purchased my copy at B. Dalton for $12 dollars :( but it was worth it :)

more great posts below!

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