Happy Deficit Day: Government Requires 146 Minutes of Service Each Day - forbes.com
Excerpt from this article:
"For every 8-hour workday, we labor for 2 hours and 26 minutes to pay federal, state and local taxes."
-------------------------------------------------
Mark Levin, who is also a Constitutional scholar, said recently:
"You should view these politicians with the deepest contempt you can
possibly imagine. What they are doing to this country, what they are
doing to our finances - there is not a criminal in any federal prison,
state prison, city or county jail with respect to financial crimes of
any sort who collectively could have done the kind of damage that Barack
Obama and Harry Reid and Nancy Pelosi and yes, willing, timid, gutless
Republicans have done to this country! To your future, to your children
and your grandchildren. What they are doing is with malice and with
forethought." (emphasis mine) (source)
Note:
An Obama protester once held up a sign that read: "Nice Performance,
But We're Not That Stupid!" Well, then again, maybe we are!
Recommended reading:
Mission "Raise the Debt Limit" Accomplished: See You All Again in February! - zerohedge.com
Explaining the Obama's Economy to 6th Graders - TheBlaze.com
Recommended sermon:
When Government Tries to Be God, by Dr. David P. Murray
Showing posts with label Deficit. Show all posts
Showing posts with label Deficit. Show all posts
Tuesday, May 6, 2014
Thursday, April 3, 2014
Shocking Facts About the Deindustrialization of America
Shocking Facts About the Deindustrialization of America That Every American Should Know About - thedailysheeple.com
Excerpt from this article:
The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy, by Patrick Buchanan
Here is an excerpt from this great book:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Excerpt from this article:
"How long can America continue to burn
up wealth? How long can this nation continue to consume far
more wealth than it produces? The trade deficit is one of the
biggest reasons for the steady decline of the U.S. economy, but many
Americans don’t even understand what it is. Basically, we are
buying far more stuff from the rest of the world than they are buying
from us. That means that far more money is constantly leaving
the country than is coming into the country."
----------------------------------------------------------------
Recommended reading:
Here is an excerpt from this great book:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
How
long can America continue to burn up wealth? How long can this nation
continue to consume far more wealth than it produces? The trade deficit
is one of the biggest reasons for the steady decline of the U.S.
economy, but many Americans don’t even understand what it is.
Basically, we are buying far more stuff from the rest of the world than
they are buying from us. That means that far more money is constantly
leaving the country than is coming into the country. - See more at:
http://www.thedailysheeple.com/shocking-facts-about-the-deindustrialization-of-america-that-everyone-should-know_042014#sthash.IJDRmCUi.dpuf
How
long can America continue to burn up wealth? How long can this nation
continue to consume far more wealth than it produces? The trade deficit
is one of the biggest reasons for the steady decline of the U.S.
economy, but many Americans don’t even understand what it is.
Basically, we are buying far more stuff from the rest of the world than
they are buying from us. That means that far more money is constantly
leaving the country than is coming into the country. - See more at:
http://www.thedailysheeple.com/shocking-facts-about-the-deindustrialization-of-america-that-everyone-should-know_042014#sthash.IJDRmCUi.dpuf
Monday, August 19, 2013
Wednesday, January 2, 2013
CBO: 'Fiscal Cliff' Deal Carries $4 Trillion Price Tag Over Next Decade
CBO: 'Fiscal cliff' deal carries $4 trillion price tag over next decade - The Hill's On The Money:
It's time again to look to Wikiquote for counsel:
"A democracy can never exist as a permanant form of government. It can only exist until the majority discover it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate who promises the most benefits, with the result the demacracy collapses because of the loose fiscal policy that ensues, always to be followed by a dictatorship, then a monarchy."
Unfortunately, America has already elected our 'Monarch' (See my post: Is Obama the Antichrist? I SayYes!)
Recommended reading (my post):
New Republican Math: $1 in Cuts for every $41 in Taxes
It's time again to look to Wikiquote for counsel:
"A democracy can never exist as a permanant form of government. It can only exist until the majority discover it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate who promises the most benefits, with the result the demacracy collapses because of the loose fiscal policy that ensues, always to be followed by a dictatorship, then a monarchy."
Unfortunately, America has already elected our 'Monarch' (See my post: Is Obama the Antichrist? I SayYes!)
Recommended reading (my post):
New Republican Math: $1 in Cuts for every $41 in Taxes
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