The Economic Collapse
Friday, May 11, 2012
You are not going to believe how much money is being spent on our former presidents. At a time when U.S. government spending is wildly out of control, a total of 3.6 million dollars is being used to support the lavish lifestyles of former presidents such as George W. Bush and Bill Clinton in 2012. For 2013, the plan is to increase that amount to 3.7 million dollars. But do any of them really need this kind of welfare? The truth is that all of them are very wealthy. So what justification is there for giving them so much money? You can see the GSA budget proposal for former presidents for 2013 right here. The 3.7 million dollars for 2013 does not even include the cost of Secret Service protection. Rather, it only covers expenses such as office rentals, travel, phone bills, postage, printing and pension benefits. Certainly it is not unreasonable to grant former presidents a small pension, but should we be showering them with millions of dollars each year? At a time when the federal government is drowning in so much debt, the fact that these former presidents are willing to take such huge amounts of taxpayer money really does make them look like parasites.
So why are these former presidents getting this money?
Congress passed The Former Presidents Act of 1958 because they didn’t want other presidents to end up as poor as Harry Truman did.
Well, these days former presidents are definitely not in danger of ending up poor. But this law does enable former presidents to stick the U.S. taxpayer with some absolutely outrageous bills.
For example, George W. Bush is scheduled to get $1,356,000 from U.S. taxpayers in 2013.
$85,000 of that will be for phone expenses.
He must have a really, really bad calling plan.
Bill Clinton is scheduled to get $1,019,000 from U.S. taxpayers in 2013.
A whopping $442,000 of that will be for office space.
That breaks down to more than $36,000 a month.
I hope that office space is nice.
Perhaps he needs a lot of office space to hide from Hillary.
George H.W. Bush is scheduled to get $879,000 from U.S. taxpayers in 2013.
$63,000 of that total will be going toward “equipment”.
How many iPads does he really need?
Even the old peanut farmer, Jimmy Carter, will be getting $518,000 from U.S. taxpayers in 2013.
But do they even need this money?
Exactly how wealthy are these former presidents?
Well, it turns out that they are very, very wealthy.
George W. Bush earned an estimated $15 million in speaking fees during just the first two years after he left office.
So why are we spending millions to support these guys?
Perhaps this is yet another question that we don’t have an answer to. We can add it to the list….
-Why do chimps throw poop?
The federal government has spent $592,527 to try to find the answer.
-Do unhappy people spend more time on Twitter or on Facebook?
The federal government has spent $198,000 in an attempt to get an answer.
-How do rats respond to jazz music when they are high on cocaine?
Your tax dollars are being spent to get to the bottom of it.
-Does cocaine cause Japanese quail to engage in sexually risky behavior?
The federal government has spent $175,587 to find out the truth.
Right now there are more than 100 million working age Americans that do not have jobs, and this is the kind of nonsense that the federal government is spending money on.
Shame on these former presidents for taking this money.
If our Congress critters are looking for a place to cut the federal budget, this would be a good place to start.
This article was posted: Friday, May 11, 2012 at 2:56 am