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Posts Tagged ‘debt’


I hope this site actually works. I am glad someone is intelligent enough to realize the crisis our country faces. We are almost as bad off as Greece. Greece deficit vs. GDP is 118 percent. The USA by the end of 2010 with be 92 percent vs GDP. Our country is near bankruptcy. Every one in the United States needs to go to this website, Watch the video and VOTE !!.. Hopefully it will work and will get something done in Washington and hold our leaders accountable. YOUCUT – Visit it NOW !! Click Here

YOUCUT – Visit it NOW !! Click Here

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I read in the media that the politicians in power keep saying that the recession is over and the economy is recovering. I just can’t understand how they come to that conclusion as everything else I read points to the opposite.

The one thing the media is reporting is consumer spending is up. Of course it is, everyone is getting their tax refund right now and are buying something they would otherwise not be able to afford. It happens every year at this time then slows down again.

The politicians were happy that only ### thousand people lost their job last week and that unemployment is still around ten percent. They are happy about that? What about the 8 million that are still unemployed? What about those thousands that just lost their jobs?

The politicians don’t have to worry about where their next meal is coming from or how they will pay for those medications for the month, they just want to feed us the spin that the economy is recovering and things are looking rosy so they all high five each other. Well, things aren’t rosy and whatever economic recovery we are starting to experience will be ended when the commercial real estate crisis is in full swing and hits us like a ton of bricks along with consumers being faced with high gasoline prices…again.
What happened the last time gas reached $3 a gallon? People stopped spending as much because they lost the extra money they had when gas was reasonable under $2.50 a gallon.
What happened when it reached $4 a gallon? They quit spending on all unnecessary items, which in turn caused businesses to go bankrupt, etc.
Well, I keep hearing that gas is on its way back to $4 a gallon by summertime, how they can predict this is beyond me other than they know that nothing has been done about the Commodity Futures Modernization Act of 2000 and speculators driving it up since the last time gasoline reached $4 a gallon. Too many politicians friends making money hand over fist for our representatives to do anything. If you look back at when oil and gasoline prices started going up, it was right after the Commodity Futures Modernization Act of 2000 took effect when it opened the door for speculators driving the prices up just in time for the 2 oil men in the White House, Bush and company, to start making money hand over fist at the expense of the consumer (us) and it has been going on ever since. Of course the stock market was up today and it wasn’t a surprise to see Chevron and Exxon stock going up and up. Ever wonder why that is? I just wonder if they will have another record year at our expense?

Moving on to banking, the regulators just shut down another bank, the 42nd failure of this year. I thought the recession was over. Here is the link for the article about the latest bank failure. Here is the link for the bank closures since 2000. Notice all of the banks closing starting in 2008 to present.

The media and politicians keep shoving the news down our throats that the recession is over thanks to the massive bailouts and stimulus spending and then I see headlines like this one, “Gold settles at four-month high as recovery concerns resurface” and the end of recession talk just doesn’t make sense to me.

When the AIG, wall street and bank fiasco first surfaced along with the political cries of action when gasoline reached $4 a gallon, we heard from most politicians about reform for wall street, reform for the banking industry and reform for the commodities market to stop speculators. Those politicians that were shouting the loudest are now in office and they haven’t done sh*t to reform the problems which means more trouble in the future.
I read another article (link here) about banks still fudging their debt to make them look more fiscally sound than what they really are and nobody is concerned about it now until they need another taxpayer bailout with congress going through the motions of appearing outraged to garner votes the next time they are up for re-election and not really giving a damn or doing anything about the root of the problem.

The people that are the backbone of our nation (each one of us that works hard at our jobs for just enough to barely survive but too much to qualify for a government handout) are constantly getting screwed by the politicians that promise to represent us while lining their pockets with money along with the big wall street banking ceo types with their outrageous bonuses because our representatives fail to look out for us and truly reform the things that need it so badly.

I hope anyone that reads this vote against every incumbent the next time they are up for re-election. Now is the time to raise hell and demand better for each of us.

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This is a note found posted on Facebook
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Health Care bill passes, what a sad time for our country. My rant.

Today at 12:58am
I hope our country survives. Our representatives that won’t listen to us, will not reply to us, have voted to pass this supposed health care reform. I am ashamed of it, but I am registered as a Democrat. I believe in helping my fellow man but this is ridiculous. This bill is not reform. It does nothing to address the rampant prescription drug costs or the ever increasing insurance premiums or any other aspect of the health care industry that is the true cause of the health care crisis. All this bill does is expand medicaid with taxpayer money and special pork projects, such as a new multi billion dollar medical center for UConn.
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Here is an article listing some of the pork. http://abcnews.go.com/Business/wireStory?id=10091470

‘The Senate-approved health measure lawmakers hope to send to Obama soon would steer $600 million over the next decade to Vermont in added federal payments for Medicaid and nearly as much to Massachusetts.

Connecticut would get $100 million to build a hospital. About 800,000 Florida seniors could keep certain Medicare benefits. Asbestos-disease victims in tiny Libby, Mont., and some coal miners with black lung disease or their widows would get help, and there are prizes for Louisiana, the Dakotas and more states.

“We’re going to do what we have to do to get a bill out of the House and Senate,” said James Manley, spokesman for Senate Majority Leader Harry Reid, D-Nev. As for Obama’s wish list of deletions: “We’ll certainly keep it in mind as we pull together a final bill.”‘
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Now, what pisses me off is the fact that this bill just throws more money at medicaid, expanding is drastically and cutting medicare payments to providers. What does this mean for us? Insurance companies determine their payments to your doctor and health care providers based on the medicare amount. If medicare payments are cut, your insurance will pay less to your doctor/health providers giving you a larger bill to pay after your co-pays. Plus, many economists/mathematicians have stated the so-called reductions to pay for this pork-filled bill will only cover a small percentage of what this bill will cost. What does this mean? Taxes for the working class will eventually be increased to pay for the cost. Our taxes will increase. The only good thing about this bill is the fact that those with pre-existing conditions cannot be denied and it increases the lifetime amount of your benefit your insurance company has to provide you. Other than that, it is not reform. With less money being paid to providers by medicare and the insurance companies, some will close their practice, lay people off, etc. This bill doesn’t take into account its consequences. It was just thrown together and shoved down everyone’s throats just so the democrats can give themselves a pat on the back and have a “talking point” to try to win re-election. what a crock.

So, now comes my rant. My wife, who works for a health care provider, was told they will face layoffs if this bill is passed or if the medicare payments are cuts. I’m hoping my wife can keep her job.
BUT, what pisses me off is the fact that I have a job. It doesn’t pay much and for a family of four, well really barely make it. In fact, with the increase in our last electric and gas bill, I didn’t have enough to pay my van payment. Now it is going into the repo stage because at midnight on the 23rd, it will be officially 2 months behind. I don’t have the money for it because the rent is due out of my next check. I don’t qualify for any help because I make just a little too much.
I feel that I work hard in a stressful job for my money to try to raise my family but what pisses me royally are the people that make welfare a career. They are too lazy to work. The most are able bodied but won’t work or are too damn stupid to get a job and we pay for them and their big screen tv’s. Our taxes give them money to “live on” every month, food stamps for their food (they eat better than me), pays their rent each month, clothing vouchers, utility assistance,free school lunches and free, 100 percent with no co-pay medical insurance and our government representatives just made this group of people bigger by passing their bill.
These people have better stuff than I do. Better cars, bigger TV’s, better clothes, better cell phones and service plans and the list goes on and they do it by screwing the system and lying about everything on the government forms. The so-called welfare reform under Clinton did nothing. You still get more money every time you breed with the childbirth bills paid in full. You still get to collect your check after the “3 years” passes. I am just fed up.

Case in point, a woman who lives in a government housing development calls for a police officer because she and her boyfriend (who isn’t on the lease but has been living with her for the last 3 months) are in an argument because he has been drinking. He gets angry and throws her cell phone into the big screen tv breaking it. She is upset because the small child they have together (paid for by taxpayers) had to witness this argument and her tv and cell phone is busted. She called on her apartment land-line phone for assistance. He then leaves in his car (with out of state plates because that state doesn’t require vehicle inspections.) She wants a report because the tv is a rental and she will have to have a report for the rental company.

Hell, I can’t afford a land line phone at my house, I’m lucky to make the monthly rent payment, utility payments, auto insurance payments, car payments,etc. After paying, or trying to pay all of my monthly bills, I’m lucky to afford food let alone new clothes, TV’s, electronics, etc. This is what pisses me off and our representatives just added to it.

I’m sorry but this to mean does not seem fair and I am voting against my representatives the next time they come up for re-election. Senator Rockefeller and Congressman Mollohan do you hear me now???

I just don’t think this is reform at all, it is just more government spending and with all of the spending in the last ten years by our government, we can’t afford this. We are going to be in the same boat that Greece is in very soon. Our debt vs our GDP is getting closer and closer which basically means we are on the brink of bankruptcy. Ok, I think my rant is over.

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It never ceases to amaze me how our government spends money hand over fist for illegal immigrants. It is a slap in the face to all taxpayers and legal immigrants who have taken the steps needed to stay and live here. Take a look:
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Links to check out: Cost of Illegal Immigration , Immigration and Welfare and The high cost of cheap labor

A Real Eye Opener

WHY is the USA BANKRUPT?

Informative, and mind boggling!

You think the war in Iraq is costing us too much? Read this:

Boy, was I confused. I have been hammered with the propaganda that it is the Iraq war and the war on terror that is bankrupting us.

I now find that to be RIDICULOUS.

I hope the following 14 reasons are forwarded over and over again until they are read so many times that the reader gets sick of reading them. I also have included the URL’s for verification of all the following facts…

1. $11 Billion to $22 billion is spent on welfare to illegal aliens each year by state governments.

Verify at: http://www.fairus.org/site/PageServer?pagename=iic_immigrationissuecenters7fd8

2. $2.2 Billion dollars a year is spent on food assistance programs such as food stamps, WIC, and free school lunches for illegal aliens.

Verify at: http://www.cis.org/articles/2004/fiscalexec.HTML

3. $2.5 Billion dollars a year is spent on Medicaid for illegal aliens.

Verify at: http://www.cis.org/articles/2004/fiscalexec.HTML

4. $12 Billion dollars a year is spent on primary and secondary school education for children here illegally and they cannot speak a word of English!

Verify at: http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt..0.HTML

5. $17 Billion dollars a year is spent for education for the American-born children of illegal aliens, known as anchor babies.

Verify at http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.HTML

6. $3 Million Dollars a DAY is spent to incarcerate illegal aliens.

Verify at: http://transcripts.cnn.com/%20TRANSCRIPTS/0604/01/ldt.01.HTML

7. 30% percent of all Federal Prison inmates are illegal aliens.

Verify at: http://transcripts.CNN.com/TRANSCRIPTS/0604/01/ldt.01.HTML

8. $90 Billion Dollars a year is spent on illegal aliens for Welfare & social services by the American taxpayers.

Verify at: http://premium.cnn.com/TRANSCIPTS/0610/29/ldt.01.HTML

9. $200 Billion dollars a year in suppressed American wages are caused by the illegal aliens.

Verify at: http://transcripts.cnn.com/TRANSC%20RI%20PTS/0604/01/ldt.01.HTML

10. The illegal aliens in the United States have a crime rate that’s two and a half times that of white non-illegal aliens. In particular, their children, are going to make a huge additional crime problem in the US .

Verify at: http://transcripts.cnn..com/TRANSCRIPTS/0606/12/ldt..01.HTML

11. During the year of 2005 there were 4 to 10 MILLION illegal aliens that crossed our Southern Border also, as many as 19,500 illegal aliens from Terrorist Countries.. Millions of pounds of drugs, cocaine, meth, heroin and marijuana, crossed into the US from the Southern border.

Verify at: Homeland Security Report:

12. The National policy Institute, estimated that the total cost of mass deportation would be between $206 and $230 billion or an average cost of between $41 and $46 billion annually over a five year period.’

Verify at: http://www.nationalpolicyinstitute…org/PDF/deportation..PDF

13. In 2006 illegal aliens sent home $45 BILLION in remittances to their countries of origin.

Verify at: http://www/..rense.com/general75/niht.htm

14.. ‘The Dark Side of Illegal Immigration: Nearly One million sex crimes Committed by Illegal Immigrants In The United States .’

Verify at: http: // http://www.drdsk.com/articleshtml http://ww/%20w.drdsk.com/articleshtml

The total cost is a whopping $ 338.3 BILLION DOLLARS A YEAR AND IF YOU’RE LIKE ME HAVING TROUBLE UNDERSTANDING THIS AMOUNT OF MONEY; IT IS $338,300,000,000.00 WHICH WOULD BE ENOUGH TO STIMULATE THE ECONOMY FOR THE CITIZENS OF THIS COUNTRY.

Are we THAT stupid? YES, FOR LETTING THOSE IN THE U.S.CONGRESS GET AWAY WITH LETTING THIS HAPPEN YEAR AFTER YEAR!!!!!

Uncle Sam wants you to Fire Congress !

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The article below I found interesting and wanted to share with anyone who is concerned about happenings in our world today.
We should all be worried about this company and the stuff they are “genetically engineering” that appears to be killing us a little at a time every time we eat something. I’m glad the Obama administration is at least investigating them and the FDA needs to get off of their asses and check into this. It always seems the government, who we rely on to protect us, is always the last ones to act on something. One can only hope the media will get in on this and report it to the public using every media outlet. Yeah, right.
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Monsanto: The evil corporation in your refrigerator
Bob Cesca Feb 4th 2010 at 7:30PM

When we consider the rogue’s gallery of devilish, over-sized, greedy and disproportionately powerful corporations, we generally come up with outfits like Microsoft, Bechtel, AIG, Halliburton, Goldman-Sachs, Exxon-Mobil and the United States Senate. Yet somehow, Monsanto, arguably the most devilish, over-sized, greedy and disproportionately powerful corporation in the world has been able to more or less skulk between the raindrops — only a household name in households where documentaries like Food Inc. are regarded as light Friday evening entertainment. My house, for example. But for the most part, if you were to ask an average American for their list of sinister corporations, Monsanto probably wouldn’t make the cut.

It should.

Founded by Missouri pharmacist John Francis Queeny in 1901, Monsanto is literally everywhere. Just about every non-organic food product available to consumers has some sort of connection with Monsanto.

Anyone who can read a label knows that corn, soy and cotton can be found in just about every American food product. Upwards of 90% of all corn, soybeans and cotton are grown from genetically engineered seeds, also known as genetically modified organisms (GMOs). These genetically enhanced products appear in around 70% of all American processed food products. And Monsanto controls 90% of all genetically engineered seeds. In other words, Monsanto controls — and owns patents on — most of the American food supply.

When you consider, as Walletpop originally reported, that one-in-four food labels is inaccurate, that the F.D.A.’s testing is weak at best, then how can we trust one corporation to have so much control over our produce? The answer is, we can’t.

Recently, a study by the International Journal of Biological Sciences revealed that Monsanto’s Mon 863, Mon 810, and Roundup herbicide-absorbing NK 603 in corn caused kidney and liver damage in laboratory rats. Scientists also discovered damage to the heart, spleen, adrenal glands and even the blood of rats that consumed the mutant corn. A “state of hepatorenal toxicity” the study concluded.

This hasn’t slowed down Monsanto’s profit machine. In 2008, Monsanto cleared over $2 billion in net profits on $11 billion in revenues. And its 2009 is looking equally as excellent.

Author and food safety advocate Robyn O’Brien told me, “Monsanto is expecting gross margins in Q2 2010 of 62%, its corn and soy price mix to be up 8-10% and its glyphosate revenue to expand to an estimated $1 billion in gross profit by 2012, enabling Monsanto to further drive R&D into seeds and to price those seeds at a premium – further driving price increases on the farm and in the grocery stores.”

This, O’Brien says, in the same year when farm income declined by around 34%.

Because Monsanto claims that its GMOs create higher yields and therefore comparatively higher revenues per acre for struggling American farmers, they’re certainly a tempting option. On the surface, that is. Monsanto controls its seeds with an iron fist, so even if you happen to own a farm next to another farm upon which Monsanto seeds are used, and if those seeds migrate onto your land, Monsanto can sue you for royalties.

Additionally, if you use seeds from crops grown from Monsanto seeds, a process known as “seed cleaning,” you also have to pay royalties to Monsanto or it will sue you. All told, Monsanto has recovered $15 million in royalties by suing farmers, with individual settlements ranging from five figures to millions of dollars each.

Back in 2004, farmer Kem Ralph served eight months in jail and was fined $1.3 million for lying about Monsanto cotton seeds he was hiding in his barn as a favor to a friend. They weren’t even his seeds (yeah, that’s what they all say!). By way of comparison, the fine in Ralph’s home state of Tennessee for, say, cocaine possession, is $2,500.

In keeping with the Orwellian nature of modern marketing, one of the first phrases you see on the front page of the Monsanto website is “we help farmers.” Funny. In a cruelly ironical way, that is.

In fairness, the argument in support of Monsanto is generally “it makes more food for lower prices.” Of course this is a red herring. Basic economics proves that choice and competition create lower prices. Not monopolies. This applies not only to American grocery stores, but also in terms of feeding developing nations where food is scarcer. Moreover, stronger Monsanto herbicides, compatible with herbicide resistant seeds, are giving rise to mutant Wolverine-ish super weeds that have adapted and are rapidly spreading through the air to farms that don’t use Monsanto GMOs, destroying obviously vulnerable crops. Say nothing of the inevitable mutant bugs that will adapt to the pesticides that are implanted into the Monsanto Mon 810 genetic code. And if further studies indicate similar organ damage in humans, the externalized costs to health care systems will begin to seriously out-weigh the benefits of cheaper food.

Ultimately, there are better, healthier ways to make cheaper food. Until then the best thing we can do is to demand further investigations and buy organic products whenever practical.

And if you can’t afford to buy organic, O’Brien recommends, “A great first step, given how pervasive these ingredients are in processed foods that often use these ingredients to extend shelf life, is to reduce your exposure to processed foods and stick with pronounceable ingredients and foods that your grandmother would have served her kids.”

Meanwhile, let’s endeavor to make Monsanto a household name. But not in a good way.

On January 15, the Obama Justice Department launched an anti-trust investigation against the corporate behemoth over its next generation of genetically modified “Roundup Ready” soybean seeds. The very next day, the U.S. Supreme Court agreed to hear the case Monsanto v. Geertson Seed Farms, which challenges the safety of genetically modified agricultural products — the centerpiece of the Monsanto empire. If the investigation fails, farmers will have to switch over to the next generation of Roundup Ready seeds in 2014. And the cycle of corporate abuse and monopolization will continue.

Source

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Had enough ?


What has our government done to our country? Do you trust the Repbulican and Democrat parties? People need to start looking at a third party choice otherwise our country will continue to go to hell quickly while the Dems and Repubs care only about dissing each other and winning. None of them give a shit about us. The things they do cost us billions and does little if anything. Here are some headlines (links included in the headline) just from recent events in our country regarding our illustrious do nothing but make money at our expense leaders. After the $912 billion price tag for the latest health reform bill, it is expected to only cover 2 percent of those without insurance and those on welfare will have expanded benefits, meaning more free rides by ambulance to the hospital at our expense. I am so sick of politics as usual in Washington. We need a change that both major parties cannot provide us. Please, consider voting for someone other than the status quo in the next election or we may not have a country left or maybe will have one with the flag of China flying over us. Save the stars and stripes before it’s too late.
Check our these headlines and give some serious thought to what is going on in our country today and over the last decade. I for one am tired of Washington greed.

Geithner says banking system now ‘more stable’

Geithner: Deficit too high, but avoids tax talk

As jobs vanish, factory towns slow to see stimulus

After all the fuss, public health plan covers few

Republicans aim for rival health plan in House

Third party challenges in NJ, NY are warning sign

CIT files for Chapter 11 bankruptcy protection

Flex spending accounts face hit in health overhaul

Republicans eye Obama revenge in off-year elections

Future of GOP and moderate Republicans uncertain

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burning money = federal stimulus bill

burning money = federal stimulus bill


It appears that Obama will create 273,000 new federal jobs giving us even bigger government instead of scaling it back and inevitably at taxpayer expense. If our country doesn’t go bankrupt first, then it’s only a matter of time before he raises everyones taxes including the tax burdened middle class.
Where are the private sector jobs? Why hasn’t the stimulus money being spent on projects other than upgrading government buildings with stronger exteriors and bulletproof glass and telling everyone it is a “green” project? They were wanting to pass the stimulus bill so quickly that the majority of congress didn’t even read it so it is hard to tell what surprises they have included in it for us all. I don’t know of many projects that are using stimulus monies.
As for Obama’s health care, It needs to be across the board and should not penalize anyone that doesn’t want it like the current bill that is being considered does. This administration needs to actually find a real way to pay for the health care instead of using estimates from cuts to other programs. It never works that way and always comes back to taxpayers. I worry about the current administration starting new government programs which possibly could take away our freedoms such as his brainchild of a national security force. Hitler started the same thing called the
I also read where the market is up because they think the retailers report for August was good news. If you think about it, it isn’t. Most retailer sales in August were from school sales due to families getting ready for the new school year to start. I expect that sales for September will drop. We are not out of the woods yet as far as this recession and it may still get worse. Banks took more money from the Federal Reserve emergency program and Obama seems more concerned about the federal reserve and banks giving them more power and more money, etc. than showing concern and working for the people. Thus far, Obama has been no different than Bush and actually worse in some instances such as another record deficit. It is only a matter of time before we see the TAX part of the tax and spend that Washington loves so well. A scary outlook in my opinion.

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