Tags

, , , , , , , , , , , , , , , , , , , ,

***

I bet they could figure out a better way to work out balancing these budgets if they wanted to do that. Maybe their rich friends in the business world could be putting in their fair share instead of working every trick in the book to cheat America out of any of what they make here. There could be a simple tax put on businesses with no loopholes whatsoever.

If a company gets a dollar gross in revenue in the US, they could pay 25 cents of it to support the infrastructure where they’ve gotten it. No loopholes, no more corporate subsidies, no more tax breaks. No taxes after the net is calculated, and regardless of what is paid to whoever the jackasses are running the company, no matter what is paid to shareholders in dividends.

If they make a dollar in sales or revenue then from the gross, they pay America 25%. And, they can give another 1% on top of that gross to the states where they did business. If the sales were made in the US, then the sales and business revenues are taxed 25% with no deductions, no loopholes, nothing. And, every industry subsidy that is being paid out right now in the hundreds of millions of dollars can simply be stopped immediately this budget, this year, right now.

How about that –

The brokers that are playing games with our state treasury money and our national budget dollars can simply get a flat fee of $100 dollars per trade with a cap of no more than one transaction per day. Then, the salaries to those armies of attorneys can be stopped as well by getting the software which does the same thing and replacing the fifty attorneys with one – or two – neither of which are allowed to make more than our teachers make a year. And, the financial managers can work at that same salary as well. And, every four of them acting in the state and federal offices can be replaced with one who knows what they are doing.

That works.

– cricketdiane, 03-06-11

***

Data and information on the Public Debt Moves to TreasuryDirect!

February 10, 2007 – Information on Federal Investments, State and Local Government Securities, the Trust Funds Program, the Federal Borrowings Program, Securities Liquidations and Proceeds and data on the Public Debt has moved to the government section of TreasuryDirect.gov. With this move, all information on our products and services for individual, institutional and government customers resides on TreasuryDirect.gov. Please visit our new site!

Our corporate site, www.publicdebt.treas.gov, provides information on franchising and procurement offerings, career opportunities, and other facts about our organization.

Treasury Securities Information and Auction Data Have Moved!

August 4, 2006 – We’ve moved auction data and information about Treasury securities to TreasuryDirect.gov and we have several links on this page to get you easily to the new site. Also, we’ve put redirects in place for our most popular pages that will take you automatically to their new location.

read more @ TreasuryDirect.gov…

http://www.publicdebt.treas.gov/

**

912810DP0 MK BOND 11.250% 02/15/15 136.656250 136.625000 0.000000

912810DS4 MK BOND 10.625% 8/15/2015 137.328125 137.281250 0.000000

912810DT2 MK BOND 9.875% 11/15/2015 135.343750 135.312500 0.000000

912810DV7 MK BOND 9.250% 02/15/2016 133.609375 133.562500 0.000000

(from today’s market charts found here – )

Prices For: Mar 4, 2011

(NOTE: These prices apply only to market-based Treasury special securities.)

CUSIP SECURITY DESCRIPTION BUY SELL END OF DAY

912828BA7 MK NOTE 3.625% 05/15/2013 106.171875 106.156250 0.000000

912828NC0 MK NOTE 1.375% 05/15/2013 101.203125 101.187500 0.000000

https://www.treasurydirect.gov/GA-FI/FedInvest/selectSecurityPriceDate.htm

03-04-11

**
My Note –

Loan Progress Chart –

on $1,000 at 11.250% after 5 years $951 still remains (on a 25 year term)

on every $1,000 @ 11.250% after 10 year $866 (on a 25 year term)

on every $1,000 @ 11.250% equals $456 remaining after paying on it for 20 years (out of 25)

$384 at 21

$304 at 22

$214 at 23

$113 at 24

and then paid at year 25 except that by renewing the credit on it to pay the credit on it – that compounds the interest and the principle being paid – ad infinitum

(from charts found in this book, that I carry in my purse. Everyone should have one – )

Loan and Mortgage Payment Table,

Dome Enterprises, Inc., Financial Publishing Company, Boston, MA  02215

Mine is from 1978, 1983 – (these facts don’t change much – they still mean the same things to the borrower.)

– cricketdiane

(my note also – every child in America needs to be able to read and understand the charts in that little book and so does every single adult – because that is information they will actually use in their lifetime and it can be the difference in being able to eat or not.)

**

On this page can be found the national debt – but it is misleading –

The Debt to the Penny and Who Holds It

( Debt Held by the Public vs. Intragovernmental Holdings )

Current Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
03/03/2011 9,571,009,627,588.32 4,611,076,571,468.69 14,182,086,199,057.01

See information on the Debt Subject to the Limit.

Daily History Search Application

To find the total public debt outstanding on a specific day or days, simply select a single date or date range and click on the ‘Find History’ button.

The data on total public debt outstanding is available daily from 01/04/1993 through 03/03/2011. The debt held by the public versus intragovernmental holdings data is available:

  • Yearly (on a fiscal basis) from 09/30/1997 through 03/03/2011.
  • Monthly from 09/30/01 through 03/31/05
  • Daily from 03/31/05 through 03/03/2011

http://www.treasurydirect.gov/NP/BPDLogin?application=np

January

Title Average Interest Rates
January 31,
2011
January 31,
2010
Interest-bearing Debt:
Marketable:
Treasury Bills 0.197 0.238
Treasury Notes 2.462 2.884
Treasury Bonds 5.971 6.364
Treasury Inflation-Protected Securities
(TIPS)
2.073 2.225
Federal Financing Bank 4.628 4.628
Total Marketable 2.366* 2.595
Non-marketable:
Domestic Series 7.945 7.944
Foreign Series 4.815 2.936
R.E.A. Series 0.000 5.000
State and Local Government Series 3.205 3.805
United States Savings Securities 1.680 2.241
United States Savings Inflation Securities 2.485 4.852
Government Account Series 4.229 4.468
Government Account Series Inflation
Securities
1.802** 1.935
Hope Bonds 0.152 0.051
Total Non-marketable 4.125* 4.380
Total Interest-bearing Debt 2.996* 3.326

* The Average Interest Rates for Total Marketable, Total Nonmarketable, and Total Interest-bearing Debt do not include the Treasury Inflation-Indexed Securities.

** The Government Account Series Inflation Securities rate was introduced in October 2010. The rate is stated for the prior year as well.

Excel Version

http://www.treasurydirect.gov/govt/rates/pd/avg/2011/2011_01.htm

July

Title Average Interest Rates
July 30
2010
July 30
2009
Interest-bearing Debt:
Marketable:
Treasury Bills 0.221 0.400
Treasury Notes 2.671 3.180
Treasury Bonds 6.162 6.706
Treasury Inflation-Protected Securities
(TIPS)
2.213 2.320
Federal Financing Bank 4.628 4.628
Total Marketable 2.471* 2.651
Non-marketable:
Domestic Series 7.944 7.943
Foreign Series 6.305 3.258
R.E.A. Series 5.000 5.000
State and Local Government Series 3.528 4.007
United States Savings Securities 2.252 1.845
United States Savings Inflation Securities 3.299 0.000
Government Account Series 4.301 4.587
Hope Bonds 0.153 0.183
Total Non-marketable 4.218* 4.481
Total Interest-bearing Debt 3.132* 3.418

Average Interest Rates are calculated on the total unmatured interest-bearing debt.

* The Average Interest Rates for Total Marketable, Total Nonmarketable, and Total Interest-bearing Debt do not include the Treasury Inflation-Indexed Securities.

http://www.treasurydirect.gov/govt/rates/pd/avg/2010/2010_07.htm

**

January

Title Average Interest Rates
Jan 31
2009
Jan 31
2008
Interest-bearing Debt:
Marketable:
Treasury Bills 0.806 3.528
Treasury Notes 3.757 4.359
Treasury Bonds 7.038 7.361
Treasury Inflation-Protected Securities
(TIPS)
2.352 2.463
Federal Financing Bank 4.652 4.652
Total Marketable 3.116 * 4.573
Non-marketable:
Domestic Series 7.943 7.941
Foreign Series 3.769 4.088
R.E.A. Series 5.000 5.000
State and Local Government Series 4.120 4.252
United States Savings Securities 2.900 5.657
United States Savings Inflation Securities 6.762 1.838
Government Account Series 4.696 5.004
Total Non-marketable 4.615 * 4.982
Total Interest-bearing Debt 3.811 * 4.785

Average Interest Rates are calculated on the total unmatured interest-bearing debt.

  • The Average Interest Rates for Total Marketable, Total Nonmarketable, and Total Interest-bearing Debt do not include the Treasury Inflation-Indexed Securities.

http://www.treasurydirect.gov/govt/rates/pd/avg/2009/2009_01.htm

**

November

Title Average Interest Rates
November 30
2005
November 30
2004
Interest-bearing Debt:
Marketable:
Treasury Bills 3.789 1.881
Treasury Notes 3.781 3.487
Treasury Bonds 7.854 8.001
Treasury Inflation-Indexed Notes N/A N/A
Treasury Inflation-Indexed Bonds N/A N/A
Treasury Inflation-Protected Securities (TIPS) 2.637 2.915
Federal Financing Bank 4.652 4.652
Total Marketable 4.332 * 3.703
Non-marketable:
Domestic Series 7.939 7.938
Foreign Series 8.054 7.378
R.E.A. Series 5.000 5.000
State and Local Government Series 3.946 3.941
United States Savings Securities 5.844 5.900
United States Savings Inflation Securities 1.922 2.049
Government Account Series 5.237 5.326
Total Non-marketable 5.189 * 5.298
Total Interest-bearing Debt 4.754 * 4.461

Average Interest Rates are calculated on the total unmatured interest-bearing debt.

  • The Average Interest Rates for Total Marketable, Total Non-marketable and Total Interest-bearing Debt do not include the Treasury Inflation-Protected Securities.

http://www.treasurydirect.gov/govt/rates/pd/avg/2005/2005_11.htm

**

Average Interest Rates on U.S. Treasury Securities

The files listed below illustrate the Average Interest Rates for marketable and non-marketable securities over a two-year period for comparative purposes. Select the time period you are interested in to view the rates.

Note: Average Interest Rates are calculated on the total unmatured interest-bearing debt. The average interest rates for total marketable, total non-marketable and total interest-bearing debt do not include the U.S. Treasury Inflation-Protected Securities.

Current Year

2011

Historical Information

http://www.treasurydirect.gov/govt/rates/pd/avg/avg.htm

**

Charts and Analysis

Have you ever wanted to see the public debt data or SLGS data displayed in graph format so that you can easily see trends?

In this section, you’ll find graphs on interest expense and average interest rates, debt subject to the limit, and the debt distribution. You’ll also find a visual presentation of the monthly SLGS statistics.

https://www.treasurydirect.gov/govt/charts/charts.htm

**

So what it means is that they are playing with monopoly money.

My Note.

***

It is like a chess game with an eight-sided board and all the players are playing at once, making alliances, talking shit, remaking alliances with other players to win on the sly, and then remaking their own staunchly defended plays against all the other players.

Except that they are all playing with our money – and our children’s money and none of their own.

– cricketdiane

***

I’ve thought a lot about the dimensionality of debt, because it doesn’t stay in one place, nor in one level of the operation – not in a business, not in a nation or a state and not in one’s own family budgets. The facts is, debt has a way of migrating up, down and sideways into other places. It always affects something far removed from wherever it started and almost all of the options of punting that debt elsewhere have astounding consequences which also migrate up, down and sideways into other areas.

So, I looked at the US debt from a reference point of twenty-five years, which it honestly won’t ever be extended in quite those same terms because the debt is being traded. That makes it more of a game of chance added to the side-gambling that would occur on the eight-sided chess game or in the stock market / credit interest swapping that goes on in the financial products markets.

With the US debt greater than any of us will see in our lifetimes – the fact is that we are spending more on the interest for the debt than on most all of the domestic spending programs combined. That means – there is where the money is going and about to go instead of being available to help anyone. I would say that is the real problem.

We are actually financing out national debt at all kinds of different prices with a vast range of returns which means the interest we are paying exceeds that average on the vast majority of the debt instruments.

The problem with the idea that we could cut the budget and cut all the domestic programs to fix this debt burden is that it isn’t the actual problem. The only real thing our money is doing is to pay the interest on the debt, nothing else is actually going to get done.

***

There was a point at which Japan decided to be tremendously better at something than anybody else in the world in order to fix the budget problems they had. The determined that quality excellence could not be matched if they simply focused on that. China decided that they could compete effectively by producing goods more cheaply in greater quantities than anyone else. For that to work, their government supported their workforce. They combined their efforts, educated their citizens and focused on an area at which they could win – in both countries.

What have we done? This is not 150 years ago obviously. We have revenues and wealth but it is flowing in massive circles only at the top of our society. It produces virtually nothing at this point except to breed on itself, thieve from the people it is intended to serve, and massively constitutes its own industry serving itself. It has become a beast. Even those in our government have been bought by it, serve it to their friends rather than back through the nation, and they have every intention of keeping it that way.

Well, we don’t have time for that. The stupid short-sighted games being played with the money in our Treasury and our State budgets will not serve the people of America nor our future as they are planned right now. If we leave it that way, an entire generation of our children will be lost to those years of education rather than a better job done with it. An entire adult generation’s potential will be lost and as much as I would love to invite you to the nightmare I’ve lived for my adult lifetime – it would be tremendous, if we just do something else.

The Republicans are diverting the money from programs claiming to “cut” the budget while they pay Wall Street brokers fees larger than it would take to support these programs in order to “invest” the money from the state treasuries. Each time a trade is made, a fee is paid. For every four teachers on the payroll, it is the equivalent of one attorney in the army of attorneys that each state is employing in nearly every department, city, county and branch of the state government, including the governors’ office and legislature. For every five teachers (or six in some counties) – there is one financial manager’s salary that will be paid instead.

That is what they are changing. It is a diversion of resources to the wealthy and their friends again. After paying the banks for all of their losses and covering every single toxic asset they had bought, by purchasing those from them, now we will be supporting nothing but the banks and financial institutions. Just as the charts above show – there is a price for doing it that way. In every state, the interest being paid as the debt is re-capitalized and re-capitalized, means that the lion’s share of the budget is now going out to pay the interest, the bankers, the bondholders, the financial managers to invest it and trade with it, and the losses from those financial “investment” decisions that went horribly wrong when Wall Street played us three years ago.

When the financial crisis was just becoming a question of not whether it might be the “R” word, (a Recession), but rather a question of how long it might last, the experts said it might be a couple or three months of a downturn and certainly not over 6 -8 months long. I said that they needed to tell people it would be at least five years that they could be unemployed. And, that turns out to be the truth of it for at least a third of our population and maybe more. The unemployment numbers leave out so many categories of human beings alive in our nation that are not employed because the jobs simply don’t exist, that the concept of adding that many more homeless people, hungry to the point of desperation and hopeless beyond measure, to the total of our society is a choice that these Republicans have never experienced in their lifetimes.

It is just a matter of time and they will understand what it means when people have nothing to lose and no investment in the society to which they belong en masse. It will explain itself in terms they can understand.

I said it before, and it is worth saying here – not one of these Republican legislators that are choosing these cuts can actually do math (except maybe two of them), and unless someone does these budgets for them – they wouldn’t know how the money is moving around either. However, they do know this part –

What happens when the entire country goes on strike starting right here, right now?

Not one person in Washington DC or in the halls of state congresses can cut their own hair, mow their own lawns, cook their own food, teach their own children, drive their own cars, wash their own clothes, walk their own dogs, relax themselves, entertain themselves, shine their own shoes, do their own manicures, have sex without help or in fact, do any of a number of things that are required in their everyday lives for things to go smoothly either. Maybe its time they learn that they are not the most and only thing around.

– cricketdiane

***

I bet they could figure out a better way to work out balancing these budgets if they wanted to do that. Maybe their rich friends in the business world could be putting in their fair share instead of working every trick in the book to cheat America out of any of what they make here. There could be a simple tax put on businesses with no loopholes whatsoever.

If a company gets a dollar gross in revenue in the US, they could pay 25 cents of it to support the infrastructure where they’ve gotten it. No loopholes, no more corporate subsidies, no more tax breaks. No taxes after the net is calculated, and regardless of what is paid to whoever the jackasses are running the company, no matter what is paid to shareholders in dividends.

If they make a dollar in sales or revenue then from the gross, they pay America 25%. And, they can give another 1% on top of that gross to the states where they did business. If the sales were made in the US, then the sales and business revenues are taxed 25% with no deductions, no loopholes, nothing. And, every industry subsidy that is being paid out right now in the hundreds of millions of dollars can simply be stopped immediately this budget, this year, right now.

How about that –

The brokers that are playing games with our state treasury money and our national budget dollars can simply get a flat fee of $100 dollars per trade with a cap of no more than one transaction per day. Then, the salaries to those armies of attorneys can be stopped as well by getting the software which does the same thing and replacing the fifty attorneys with one – or two – neither of which are allowed to make more than our teachers make a year. And, the financial managers can work at that same salary as well. And, every four of them acting in the state and federal offices can be replaced with one who knows what they are doing.

That works.

– cricketdiane, 03-06-11

***

The next time one of them asks me a dumb computer question – I’m going to tell them the same thing they tell me, “you’ll just have to figure that out yourself.”

I won’t be looking up something while I’ve got a minute nor tell them how to do it. And, I won’t be checking the directions to explain how anything works to any of them for quite a while, nor looking it up in the nearby dictionaries and reference books. They can explain it to their own kids and they can figure it out without anybody doing it for them. No more.

And, I’m going to say, “well, I just don’t know who you can get to do that for you the same way they have explained it to me when I asked them,” instead of pulling from my mind how to find the best person that could help and figure out to find that person for them.

Not doing it anymore. I’m on strike.

Like my mother said some years ago about washing dishes and other housework – she went on strike and liked it.

We got to learn how to wash the dishes ourselves and do the housework and cooking. I wonder if those people in Washington know how to fix their own cars? Or “detail” their own cars and pump their own gas in the damn things? President Bush was out of his element when he tried it. Should be interesting to find out.

***

Advertisements