US Debt

United States of America Debt (US Debt)

The United States of America is heavily indebted up to the tune of five trillion USD in foreign holdings. Lately politicians openly talk about the next generation of Americans being the first generation that will be worse off than the current generation for the first time in American history, due to economic constrains such as high national debts, high unemployment rate and low incomes. Looking at indications, a nation as powerful as US being heavily indebted to BRICS countries was an unimaginable phenomenon in the past.

http://www.usdebtclock.org/ please click on the link to activate the debt clock.

The debt is extremely high and continues to increase in an alarming pace, the focus of US is not on paying off the debt but rather on creating more jobs, as they recently launched QE3 which is an economical stimulant program from Federal Reserve.

Federal Reserve is printing money to be loaned out to banks at a very low interest rate, consequence this money will be released into the society which will stimulate and create economic growth that will lead to job creation. Job creation increases tax revenue to the state, revenue to the state will help finance the debt. Programs of such nature come with dangers such as currency collapse i.e. increase in inflation rate which will weaken the currency, it can also increase spending in the country which will in return create high demand for consumer products and raw material, in other words lead to an appreciation in prices of consumer products and raw materials globally. This will have a great impact on the third world negatively because they cannot stay immune to the economic turmoil neither can they afford stimulus programs.

Consider this scenario, a farmer in Brazil needs to invest in a new tractor for his sugarcane farm, increase in metal price will increase the price of the tractor, fueling his new tractor also will be at a high cost because the oil price has appreciated as well, that means that the end product the sugar will be exported and sold at a much higher market price thereby affecting the entire world and more specifically developing countries that cannot afford economic stimulant programs.

The diagram below shows that stimulus programs are not solution oriented approach and does not solve the problem in a broader spectrum but rather a temporary fix.

During the period of QE1 and QE2 the graph indicates a constant drop in unemployment rate but did not necessarily fix the economic problem.

Recently American Analytic Company Standard and Poor’s took down its AAA rating on US to an AA+ due to the debt. The collapse of Lehman Brothers Bank is also a clear indication of a weakening economy.

http://www.youtube.com/watch?v=EoMpcz0S3hc

Reducing the debt should be the focal point of the US and that will entail taking drastic and calculated measures. It is very daring to take such herculean steps because that is not what the public want to hear and going against the masses in a political arena is tantamount to political suicide, staying in power mean the opinions and the ideas of the public which most of the time could be wrong should be strongly considered, majority of the population do not want to cut down on their high expenditure nor pay high taxes, in the same way politician also do not want to compromise their political advantages, even more delicate due to the new era of globalization whereby decision in one country affects the other at the speed of light.

Tactical and rational decisions are very crucial, making difficult choices takes bravery without necessarily compromising core values and that is what the politicians should put into practice.

If only the debt could be analyzed on non-partisan political platform, it may help in taking away the blame game politicians play and the focus will be on paying off the debt. Some people might argue that paying off the debt will come with dangers such as collapse of the entire economy however I believe that with calculated and well strategize measures that can be avoided entirely. 

In a nut shell efforts, intelligence, time and substantial amount of money that politician put into campaigns should be geared toward solving the debt problem for the good of the nation and the future of the next generation of Americans to keep the “American dream” alive.

Save Life Organization     (SLO)

RUN FOR LIFE

Marathon Race and Breast Screening Exercise to Help Create Breast Cancer Awareness

As part of Save Life Organization’s (SLO) ongoing efforts to help curb social menaces in our societies, we are organizing a free breast screening and a marathon race called “Run for Life” to help create breast cancer awareness among women and the general public.

In view of our active participation in numerous cancer programs, we deem it necessary to help educate, screen and create awareness among the general public about the havocs of breast cancer and what they can do as individual to help curb this menace. It is in this context that SLO is organizing a marathon race and a breast screening program to help create breast cancer awareness, we are therefore inviting the general public and the media to come and participate and support such a worthy course. T-shirts will be distributed to the various participants at the start point.

o Date: Thursday the 25^th of October 2012

o Start point: Karlskrona Centrum through Ronneby

o Finish Point: Karlshamn Centrum

o Time: 9.00am prompt

o Coverage Distance: 42.3kilometers race

It will be a memorable experience of a life time, as massive crowd of people of all ages running through the center of the streets aiming at one goal wearing the same T-shirt with bold inscriptions BEWARE OF BREAST CANCER on the front and RUN FOR LIFE on the back will certainly be spectacular and help create the awareness needed.
  

The first participant to cross the golden line of the race (winner) will be awarded the golden breast cup, followed by the second runner up a silver medal and the third runner up a bronze medal. There will be student volunteers at various points on the road to offer water and other refreshments to participants.

There will be nurses, doctors and mammographers at the golden line with a set up place for a proper on the spot breast screening for all the participants and the general public free of charge.

Kindly visit our Facebook and Twitter pages and like us there, encourage friends and families to participate in this commendable breast cancer awareness program.

Come one come all let us run to save lives, let us all run to say no to this menace on women, Let us run to create awareness, let’s run towards this worthy course. Let’s run to protect the gift of womanhood.

Do you know that breast cancer is the principle cause of death from cancer among women worldwide? In the year 2010 alone, 1.5 million people worldwide were diagnosed with breast cancer according to WWBC.

However the world health organization (WHO) records shows that, two components have helped to improve cancer mortality, these are screening programs and education. If breast cancers are detected early and treated this could mean that about 400,000 lives could be saved in a worldwide context. 89% of the western world early detection of breast cancers followed by treatments, are alive five years after detection, this is to say that, early detection gives hope and saves lives so let’s beware of breast cancer.

SLO is a nonprofit making organization with a purpose of helping to deal with social menaces in our societies; the organization has been in existence for the past three years and has been actively involved in various cancer awareness programs worldwide.

Visit us on:

www.SLO.com

Contact Persons:

Angela Nilsson, Molly Anderson,

Save Life Organization (SLO)

Address:
No. 6 Holy Street. Avenue

Tel:

222 333 0011

Email:

Pressroom@slo.com

Published By:
Cee Cyndi (Project Manager)

Disclaimer

Kindly note that this is a school assignment, not a real event its fiction. The information or parts of the information in this blog might be wrong.

Images and video from google and youtube.

         

Labels: Breast Screening Marathon Race Breast Cancer wareness Run for Life Social Media Press Release Cancer Education