Talk about a timing that just looks bad if it is related or not. Boeing will cut about 1,100 jobs over the next two years as it slows production of its C-17 military transport aircraft. This was done the day after they agreed on a 19 billion dollar deal with China. The real reason and not just the lame stream media hype is that Boeing will deliver 13 C-17s in 2011, this is one less than the prior year. The new annual production rate for the C-17 is ten. The country buys less planes there are less workers needed to create them. 10. The long-haul military cargo C-17, which is in its 18th year of service, can carry large equipment, supplies and troops directly to small airfields, the company says. The fleet continues to operate at an accelerated rate due to the recent troop surge in Afghanistan. The US Air Force is the biggest customer, taking 206 of the 226 C-17s delivered worldwide. Boeing it was working to land additional international orders for the C-17, in India and Kuwait. The Defense Department’s proposed fiscal 2011 budget funds the shutdown of the C-17 program. It is a legend and it will be missed as this staple of the military flies into the sunset.
Congrads America you national debt is now $14,011,526,727,895.85 did you ever think you would see 14 trillion in our lifetime. Like they say you have to have goals. We are growing the debt at a level our country has never seen before. We continue to spend more than we make. Congress continues to spend more than they can tax us. This is business as usual and it looks like it does not matter if you are democrat or conservative it just does not matter to them. They are even talking about raising the debt ceiling higher, so no one is taking the national debt issue as a crisis. The idea we can just make our children’s children and grandchildren’s children pay is a supported policy and not a strain on anyone we have sent to congress. We try our best as readers know we told you on June 16 that debt went over 13 trillion. That is right the new America raises the debt a trillion dollars every six months. We told you then 13 trillion is an astronomical number when you think this country on January 8, 1835 was the last day this country had a national debt of 0. So expanding on those thoughts it was only 11.4 trillion in June 2009. This means it is growing at a rate of 3.6 trillion every 18 months. We always like to remind you that it was 9.3 trillion in 2008 when President Bush left office. So we can finally point to something President Obama has done better than anyone under his watch the last two years the debt has rose 4.7 trillion which is the greatest growth of any U.S. resident in history.
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We wanted to let you know about consolidating my credit cards program. Here is the story about one guy that got out of credit card debt trouble by consolidating. Right now there are many people who are struggling with credit card debt especially after all the holiday shopping. Let them know that there are solutions to move past those troubles and start over. It is a good idea to start 2011 of fresh with a new plan and paying less interest is a good start. This really is a o brainer why hold two credit cards with 20% interest when you can move all that debt to a lower interest card which saves you money every month. The more money you have to pay the principal the quicker you can get the ball and chain from around neck.
These stories of how the stimulus has failed are truly showing the ineptness of the federal and local government. It is amazing that you can have local government a pile of cash and they cannot spend it or spend it poorly. There are not to many companies you can infuse cash into and they will fail. A report out yesterday says that the city of Los Angeles has spent only a quarter of its federal stimulus money though the bulk of the funding was awarded nearly two years ago. This could be because the state is a mess that holding on to any money is a big help. The city has netted more than $630 million in grants but had completed only eight of its 108 projects so far. When pushed the city admitted it was not their fault they blamed staff cuts and initial confusion about the program’s rules have made it tough to move projects quickly. We love this because the money was only supposed to be given to shovel ready projects. Were the projects shovel ready or not? The report said that Los Angeles had spent 13.3 percent of its money. When you compare this to New York who has spent 25 percent of its funding and Chicago had spent 47 percent. The other great thing is they know none of the projects risk losing funding despite the delays.
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We wanted to make you aware of United States Gold Bureau as they are home to a large and dedicated staff of hard asset professionals committed to serving your precious metals investment needs and being America’s best dealer with a convenient market and competitive precious metals prices. If you are looking to buy gold bullion this is the place to go. There is no one that can argue that Gold bullion is not a unique investment. When you look back from the time of ancient Egyptians, Greeks and Romans through the ages to our modern times, man has had an affinity for gold bullion. The time is right and the investment is sound. Let the professionals at United States Gold Bureau take care of your investment today.
Before the year ends a great investment is to buy gold bullion. The United States Gold Bureau is a great resource for your purchase of silver, gold or other precious metals and coins. They have this ready to go and your transaction can be completed for immediate personal delivery or arrange for convenient and safe storage at an independent bank or depository. Since it is the holiday season this would make a great gift for that hard to buy for family member. It is better than a gift card, lottery tickets or even cash. Buying gold has been recognized for centuries as one of the best ways to preserve wealth and purchasing power. This has been a test of time as far back as the ancient Egyptians, Greeks and Romans to more modern times; we have had an affinity for gold. During this holiday season what could make a better gift?
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We know the stimulus is finally working and we have proof. The democrats can rejoice as Delta Air Lines is hiring 1,000 new flight attendants. The problem is that the economy is so in the tank that more than 100,000 people have applied. The thing this story which we write tongue and check that this means the stimulus was a success in case you did not pick that up. We do hope they understand that people are looking for real jobs which this President refuses to create. So when out of work her there is an opening at a real company, with a decent job, the application receiving servers cannot take it. There is something sexy to getting all that free travel and seeing the world; Europe, South America, and Asia. The reason U.S. airlines have finally returned to profitability, in part by cutting flights. Some of those flights are returning now but more importantly Delta is making an aggressive push into new, more-lucrative international routes. And that’s really where most of these 1,000 new flight attendant jobs come in. We wish luck to the 1% of the applicants that are actually picked to fly the skies on these international flights. To bad there are not more shovel ready airlines.