Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
USA Inc. - If the US Fed Govt was a business!
Old 03-13-2011, 08:23 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,959
USA Inc. - If the US Fed Govt was a business!

I ran across this accidently in a Bloomberg Businessweek magazine at work (Feb 28 issue). After reading an 8-page summary, I found it so interesting that I downloaded the whole 266 page report (you can read it online too). Best summary of where we stand financially and what the options are going forward that I can remember. It is deliberately not political, but there are clearly political implications left to the reader...
Quote:
USA Inc.is a non-partisan report that looks at the U.S. federal government (and its financials) as if it were a business. Mary Meeker, partner at KPCB and former financial analyst at Morgan Stanley, created and compiled the report with the goal of informing the discussion about our financial situation and outlook. USA Inc. examines the country’s income statement and balance sheet, aiming to interpret the underlying data and facts, and illustrate patterns and trends in easy-to-understand ways. The report also analyzes the drivers of federal revenue and the history of expense growth, and discusses basic scenarios for how revenue and expense growth might change to help America move toward positive cash flow.
USA Inc. - If America was a Corporation Slideshow - BusinessWeek - BusinessWeek 13 page slide show

KPCB - USA Inc. #usainc full 266 page PPT
Attached Images
File Type: jpg Bloomberg-272x300.jpg (31.6 KB, 83 views)
__________________

__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-13-2011, 09:50 AM   #2
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
If it were a business, this wouldn't be happening. It's a big difference between shareholders and taxpayers.

Not all aspects of government are suitable for being run "like a business," but some things (like "don't run it at a big loss year after year") should be.
__________________

__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 03-13-2011, 10:25 AM   #3
Dryer sheet aficionado
Sconie's Avatar
 
Join Date: Mar 2010
Location: Wisconsin
Posts: 31
Thanks for posting!
__________________
Sconie is offline   Reply With Quote
Old 03-13-2011, 10:46 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2007
Posts: 5,072
I remember the first time I became aware of how the banking system and our national money system worked.... I was shocked.

Nothing real to it. It is a system held up by nothing more than a belief (i.e., confidence). This is true world wide!

We are all Lemmings! I hope the pattern of success continues (belief).
__________________
chinaco is offline   Reply With Quote
Old 03-13-2011, 04:28 PM   #5
gone traveling
 
Join Date: May 2008
Posts: 3,864
Quote:
Originally Posted by Midpack View Post
. It is deliberately not political, but there are clearly political implications left to the reader...
And we're just the folks to point them out...
__________________
Westernskies is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Organic, Grass-fed, Pasture-fed... tmm99 Other topics 24 06-24-2010 11:06 AM
American Retired in UK Needing To Replace a USA ETF portfolio with USA Stocks/Bonds cvc8445 FIRE and Money 17 06-18-2010 01:41 PM
Getting BACK into a fed. govt. job? soupcxan Other topics 4 02-28-2005 09:28 AM

 

 
All times are GMT -6. The time now is 12:20 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.