National Defense Transportation Day 2020 is on Saturday, May 16, 2020: How would paying off the national debt better our country?
Saturday, May 16, 2020 is National Defense Transportation Day 2020. National Defense Transportation Day is a United States Federal Observance Day observed on the third Friday in May.
National Defense Transportation Day is a United States Federal Observance Day observed on the third Friday in May.
In 2011, the US Government spent $230,000,000,000 in interest on the approximately, $14,700,000,000,000 in Public Debt.
That is more money than we pay for Education by nearly double in a year.
That is about 1/3 of what we spent on National Defense in a year.
That is 3 times more than we spent on Transportation.
About half of what we spent on Welfare.
All of the Personal Income Taxes sent in by those Earning $500,000 per year or more is PAID toward that $230,000,000,000 Interest Payment.
The Public Debt at the end of 2012 will be $16.2 Trillion.
It is proposed by Mr. Obama that we go $1.3 Trillion in Debt in 2013 per his Budget.
That is $17.5 Trillion in Debt.
How many years do you think we can keep Increasing the Debt, and not paying it down, before we owe MORE in the Interest Payment than we bring in in taxes?
Do you think people will lend us money if we can't even pay for the Interest on the Debt, much less every pay back the original Principal?
I know....I did the math.
If we keep growing our Deficit and Debts at 7% per year, and Tax Revenue continues to be stagnant or dropping, we will NOT be able to pay the entire Interest Payment in 2027.
If we can't borrow money to pay for our $4 Trillion in promised payouts, and we can only raise $2 Trillion in Taxes, lots of people will NOT get the checks they are expecting.
I did not say anything about Credit Rating....
We used to be AAA+++ which is the highest rating.
But, since we (congress) can not show they can be responsible with our money, the Lenders downgraded us to AAA++. That means that instead of 3% interest they charge us to loan us money, they are going to charge us 4.5%. That is because they are taking a bigger RISK of losing the money the loan us.
Moody's has already threatened that there is Another Down-Grade coming soon.
With every down-grade, the COST of borrowing money goes up.
Those are just a few reasons why Fiscal Responsibility is so important.
It is impossible to do all the Social Good we want if we do not have the money to pay for it.
Thanks for your interest and concern. I wish more people would honestly care enough to ask to have things explained to them.
can you tell me anything about National Youth Leadership Forum on National Security?
The National Youth Leadership Forum (abbreviated: NYLF) is a tuition-based educational organization founded in 1992 that contracts Envision EMI, a for-profit corporation, to facilitate and execute career/leadership programs for high school students throughout the United States, with the goal of career preparation. NYLF has an active online community of current and future participants as well as alumni. These people make up the NYLF Message Boards and NYLF IRC. The NYLF Message Boards were started by several alumni following the NYLF/Tech 2002 program, and have since been officially owned and maintained by NYLF staff. NYLF IRC is an alumni-run server and is not officially affiliated with NYLF.
In order to attend the NYLF program, students are nominated to attend a program by educators, organization advisors, alumni, and participating institutions or through classroom surveys (PSAT&SAT). Students may also be admitted through an application process. There is a scholarship available on a limited basis awarded for needy students. The price to attend is more than $2,000, and in addition students are responsible for other expenses (including airfare, parking, transportation to and from the conference, and other incidental expenses) during their Forum.
On their own website it states "Pursuing a career in the field of government service takes a unique brand of leadership. The National Youth Leadership Forum on National Security offers students an inside look at the many opportunities available, as well as providing interaction with highly regarded senior civilian policy makers and military officers."
And this "The National Youth Leadership Forum on National Security (NYLF/NS): Exploring American Diplomacy, Intelligence and Defense provides an intense and stimulating exploration of the field of government service for high school students. This six-day program introduces students to challenging careers in defense, intelligence, the diplomatic corps and more.
Students participate in thought-provoking question and answer sessions with highly respected, internationally recognized civilian policy makers and senior military officers, who provide rich insights into current issues and discuss the strategies that helped them succeed. The government's leading academic institutions also open their doors to our students, where they are educated in diplomacy, international affairs and military strategy.
During the course of the Forum, students take part in a national security strategy exercise that draws on their program experiences and teamwork. They employ a crisis decision-making process similar to that employed by the nation's top policy makers, giving them an opportunity to use critical thinking, leadership and public speaking skills to tackle the complexity of national decision-making."
What remarkable events occurred on the leap years days of history?
These all happened on Feb. 29
1288 - Scotland established this day as one when a woman could
propose marriage to a man! If he refused, he was required to pay a fine.
1704 - The town of Deerfield, MA was raided on this date by French
Canadians and Indians who were trying to retrieve their church bell that
had been shipped from France. The bell was to hang in the Canadian
Indian's village church. Neither the raiders nor the residents of Deerfield
were aware that the bell had been stolen from the ship. The Deerfield
folks had purchased the bell from a privateer, unaware that it belonged to
the Indian congregation. Although 47 people were killed in the incident,
we could say that the 120 captured were saved by the bell.
1860 - The first electric tabulating machine -- the forerunner of the
calculator -- was invented by Herman Hollerith. We think it was
unfortunate that Mr. Hollerith chose to make his invention on Leap Day,
causing the machine to only calculate numbers divisible by four.
1904 - On this day in Washington, DC, a seven-man commission was
created to hasten the construction of the Panama Canal. Work began
May 4th. It's always hard to get something going by committee; so we
guess that's why it took seven men two months to get the work going.
1920 - Dateline -- Budapest, Hungary: Miklos Horthy de Nagybanya
became the Regent of Hungary just six months after leading a
counterrevolution. He probably gained control because everyone else
was distracted while trying to pronounce his name.
1932 - Bing Crosby and the Mills Brothers teamed up to record "Shine"
for Brunswick Records.
1936 - Fanny Brice brought her little girl character "Baby Snooks" to
radio on "The Ziegfeld Follies of the Air" on CBS Radio. Miss Brice
presented the character and later sang "My Man" on the program. She
was 44 at the time, and was known as America's "Funny Girl" long
before Barbra Streisand brought her even greater fame and notoriety
nearly 30 years later.
1940 - Hattie McDaniel was the first black person to win an Oscar. She
won the Best Supporting Actress award for her role as Mammy in "Gone
with the Wind". GWTW also won Best Picture, Best Actress for Vivien
Leigh's performance and Best Director for Victor Fleming, Best
Screenplay for Sidney Howard's writing plus awards for Color
Cinematography, Interior Decoration and Film Editing. Other Oscar
winners on this night were Best Actor, Robert Dunat in "Goodbye, Mr.
Chips", and Best Supporting Actor, Thomas Mitchell in "Stagecoach".
1944 - The invasion of the Admiralty Islands began on this date as U.S.
General Douglas MacArthur led his forces in "Operation Brewer".
Troops surged onto Los Negros, following a month of Allied advances in
1944 - The first woman appointed secretary of a national political party
was named to the Democratic National Committee. Dorothy McElroy
Vredenburgh of Alabama began her new appointment this day. 1944 -
The Office of Defense Transportation, for the second year, restricted
attendance at the Kentucky Derby to residents of the Louisville area to
prevent a railroad traffic burden during wartime. We imagine that horses
were allowed in from elsewhere, though...
1952 - New York City pedestrians were told when to walk and when
not to as four signs were installed at 44th Street and Broadway in Times
Square. Each sign flashed "Walk" for 22 seconds, then "Don't Walk" for
ten seconds before the "Don't Walk" turned red for 58 seconds more.
We're told that eight out of ten people obeyed the signs ... not bad for
New Yorkers who will walk right through one door of a car and out the
other to get across the street quickly.
1960 - A report from the White House stated that America's kids were
getting too fat! I'll have a cheeseburger, fries and a shake.
1964 - Dawn Fraser got her 36th world record this day. The Australian
swimmer was timed at 58.9 seconds in the 100-meter freestyle in
1964 - The United States was in the grip of Beatlemania! "I Want to
Hold Your Hand", by the lads from Liverpool, was in its 5th week at #1
on the pop charts. It stayed there until March 21, when it was replaced
by "She Loves You", which was replaced by "Can't Buy Me Love",
which was finally replaced by "Hello Dolly", by Louis Armstrong, on May
9, 1964. 14 straight weeks of #1 stuff by the Beatles! Yeah, yeah, yeah...
1964 - Hang on to your racquets on this one, sports fans: A shuttlecock
drive record was set by Frank Rugani this day. Mr. Rugani slammed the
birdie 79-feet, 8-1/2 inches in a test at San Jose, CA. A giant leap for
badminton. A little leap for all mankind.
1972 - The U.S. Justice Department had recently settled an antitrust
lawsuit in favor of International Telephone and Telegraph Corporation.
On this date, newspaper columnist, Jack Anderson revealed a memo
written by ITT's Washington lobbyist, Dita Beard, that connected ITT's
funding of part of the Republican National Convention with the resulting
1972 - Swimmer Mark Spitz was named the 1971 James E. Sullivan
Memorial Trophy winner as the top amateur athlete in America.
1972 - Karen and Richard Carpenter of Downey, CA, received a gold
record for the hit single "Hurting Each Other". When they tore the golden
platter from its protective frame and plunked it on the player, they heard,
"Hurt So Bad", by Little Anthony and the Imperials. They were so upset
by this that they ran out to the back yard and used the record as a
Frisbee for the rest of the day. (Some of the preceding is based upon
1988 - "Day by Day", a situation comedy, premiered on this date on
NBC-TV. It was one of the "yuppie sitcoms" that were all over the TV
dial in the late '80s. This particular one was about a suburban
overachieving couple who dropped out and opened up a day-care center
in their home to spend more quality time with their children. The quality
time lasted just under five months.
1992 - Mr. Big hit it big this day, moving to #1 with, "To Be with You".
It would be the biggest hit in the U.S. for three big weeks.
1736 - Ann Lee (Ann the Word or Mother Ann) (religious zealot:
founder of Shakerism in U.S.)
1792 - Gioacchino Rossini (operatic composer: The Barber of Seville)
1876 - Theodore 'Theo' Hardeen (magician)
1904 - Jimmy Dorsey (bandleader: So Rare, Contrasts, June Night)
1904 - Pepper (John) Martin (baseball: St. Louis Cardinals CF)
1920 - Arthur Franz (actor: The Member of the Wedding, Dream No Evil)
1920 - Michele Morgan (Simone Roussel) (actress: The Fallen Idol, Joan of Paris, Bluebeard, Everybody's Fine)
1920 - Howard Nemerov (Pulitzer Prize-winning poet: Collected Works ; 3rd poet laureate of U.S. [1988-1990])
1924 - Al Rosen (baseball: Cleveland Indians 3rd Baseman)
1928 - Joss Ackland (actor: The Hunt for Red October, The House that
Dripped Blood, The Sicilian, A Woman Named Jackie)
1936 - Jack Lousma (astronaut)
1936 - Henri Richard (The Pocket Rocket) (hockey player: Montreal
Canadiens: 4-time All-Star, played on 11 Stanley Cup champion teams
[1955 - 1975])
1940 - Gretchen Christopher (singer: group: The Fleetwoods: Mr. Blue,
Come Softly to Me, Tragedy)
1944 - Steve Mingori (baseball)
1944 - John Niland (football: Dallas Cowboys Guard, Super Bowl V, VI)
1948 - Al Clark (football)
1952 - Al Autry (baseball)
1972 - Antonio Sabato, Jr. (actor: Earth 2, Beyond the Law, War of the