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United States
LEADERSHIP.Former Chairman,Board of Directors of N.J. Lawyer,The Weekly Newspaper-Former Trustee, NJSBA Board of Trustees-Former Member, NJ Supreme Court District 3 Fee Arbitration Committee -Excellence Award Recipient, N.J. Council of Community Colleges-Former President, Salem County Bar Association -Former Board President, American Red Cross of Salem County-Former Board President, YMCA of Salem County-Former Woodstown Basketball & Little League Coach. -Professional Activities. -Attorney at Law, Practicing 23 years in Salem County-Former Solicitor, Pilesgrove Township-Present Salem County Counsel, County of Salem-Former Municipal Prosecutor, Carneys Pt. and Pittsgrove Townships-Former Arbitrator, Superior Court of New Jersey.Family -Oldest son of Jim and Katherine Mulligan, Retired Salem Co. School Teachers-Married to Dana Lynn Mulligan, nee Densevich,of Vineland, N.J.-Son, Francis A. Mulligan, attends Woodstown H.S. -Lifetime Salem County resident -Education.Penns Grove H.S., 1978; Salem Community College,1980; -University of North Carolina, Chapel Hill,1982-Rutgers School of Law-Camden,1986. Memberships: Knights of Columbus,N.R.A.,PG Rotary Club.

Sunday, November 13, 2011

Bleak Street for U.S.

"Why the U.S. was downgraded:
• U.S. Tax revenue: $2,170,000,000,000
• Fed budget: $3,820,000,000,000
• New debt: $ 1,650,000,000,000
• National debt: $14,271,000,000,000
... • Recent budget cuts: $ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget:
• Annual family income: $21,700
• Money the family spent: $38,200
• New debt on the credit card: $16,500
• Outstanding balance on the credit card: $142,710
• Total budget cuts: $385
Got it?"

Note:  Not independently verified.

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