Domestic Debt is 36.0 Trillion
Wages are 6.7 Trillion
Debt service (assuming 5 percent) is 1.8 Trillion. ( or about 27 % of wages)
Long Term Prosperity is created by spending (public and private) on investments and not transfer payments.
Thursday, December 8, 2011
Tuesday, November 22, 2011
Saturday, October 8, 2011
Friday, September 2, 2011
Unintended Consequence of the Democratic deficit spending
The unintended consequence of the Democratic deficit spending is that the money of the middle class (who worked hard for that money) is becoming almost worthless.
The wealthy have already switched their assets to gold when Obama took office. The unintended consequence of free health care is that the assets of the wealthy have doubled in the past two years while the assets, of the middle class, have actually declined in value.
(Gold was 853 dollars when Obama took office and gold is now over 1706 dollars)
Friday, August 5, 2011
It's a spending problem.
Corporate profits were 1.4 trillion last year after taxes.
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=economic_indicators&docid=f:08jn11.txt.pdf
Government deficit is 1.6 trillion this year.
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=economic_indicators&docid=f:32jn11.txt.pdf
You could tax 100 percent of corporate profits every year and there would still be a deficit.
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=economic_indicators&docid=f:08jn11.txt.pdf
Government deficit is 1.6 trillion this year.
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=economic_indicators&docid=f:32jn11.txt.pdf
You could tax 100 percent of corporate profits every year and there would still be a deficit.
Wednesday, July 6, 2011
Drug testing for welfare recipients in Florida
If I am tested for drugs at my place of employment then welfare recipients should also be tested for drugs.
If the recipients do not want to be tested for drugs then they do not have to take money from the government.
http://articles.sun-sentinel.com/2011-05-31/news/fl-florida-drug-test-for-welfare-20110531_1_welfare-recipients-tanf-recipients-new-law
If the recipients do not want to be tested for drugs then they do not have to take money from the government.
http://articles.sun-sentinel.com/2011-05-31/news/fl-florida-drug-test-for-welfare-20110531_1_welfare-recipients-tanf-recipients-new-law
Friday, June 3, 2011
Who needs Republicans when Democrats give private corporations 100 million dollars ?
Democrat Governor gives Motorola 100 million dollars.
Gov. Pat Quinn says the state of Illinois will provide $100 million in
tax credits to Motorola
The deal, announced Friday, breaks down to about $34,750 for each job.
http://newsfeedresearcher.com/data/articles_b19/motorola-company-mobility.html
Gov. Pat Quinn says the state of Illinois will provide $100 million in
tax credits to Motorola
The deal, announced Friday, breaks down to about $34,750 for each job.
http://newsfeedresearcher.com/data/articles_b19/motorola-company-mobility.html
Friday, May 6, 2011
The government is completely out of control.
What does the government do when a levee works ?
Army Corps of Engineers blew a hole in a Missouri levee so that Pin Hook becomes completely flooded. Those actions resulted in about 100 homes in Missouri’s Mississippi County to be flooded.
http://www.chicagotribune.com/news/local/breaking/chibrknews-more-rain-in-mo-as-corps-considers-blasting-levee-20110502,0,1109139,full.story
Army Corps of Engineers blew a hole in a Missouri levee so that Pin Hook becomes completely flooded. Those actions resulted in about 100 homes in Missouri’s Mississippi County to be flooded.
http://www.chicagotribune.com/news/local/breaking/chibrknews-more-rain-in-mo-as-corps-considers-blasting-levee-20110502,0,1109139,full.story
Tuesday, March 22, 2011
The Federal Government is destroying our Churches.
In the old days, poor people went to the churches for food and support.
Today, poor people receive their hand outs and support from the federal government.
I believe that the reason for the decline in church attendance and membership is that people now go to the federal government, for their help and needs, instead of the churches.
My conclusion is the federal government is indirectly destroying the Churches because people no longer need the church since the federal government is furnishing all their needs.
Christian Membership Declines
http://www.christianpost.com/news/largest-christian-groups-report-membership-decline-37180/
Today, poor people receive their hand outs and support from the federal government.
I believe that the reason for the decline in church attendance and membership is that people now go to the federal government, for their help and needs, instead of the churches.
My conclusion is the federal government is indirectly destroying the Churches because people no longer need the church since the federal government is furnishing all their needs.
Christian Membership Declines
http://www.christianpost.com/news/largest-christian-groups-report-membership-decline-37180/
Thursday, February 17, 2011
President Obama is 100 % wrong.
President Obama promised to leave Guantanamo Bay detention camp within a year.
http://topics.nytimes.com/top/news/national/usstatesterritoriesandpossessions/guantanamobaynavalbasecuba/index.html
Two years later, and counting, the United States still has prisoners at the Guantanamo Bay detention camp.
After spending three years at Harvard Law School, Obama knew that promising to leave Guantanamo Bay detention camp within a year, was a deliberate lie. The lie to leave Guantanamo helped him to become President. If President Obama had read even one case at Harvard Law School and understood what was involved in landmark litigation, he would have noticed that almost nothing can be accomplished, in less than one year, when the law is involved.
http://topics.nytimes.com/top/news/national/usstatesterritoriesandpossessions/guantanamobaynavalbasecuba/index.html
Two years later, and counting, the United States still has prisoners at the Guantanamo Bay detention camp.
After spending three years at Harvard Law School, Obama knew that promising to leave Guantanamo Bay detention camp within a year, was a deliberate lie. The lie to leave Guantanamo helped him to become President. If President Obama had read even one case at Harvard Law School and understood what was involved in landmark litigation, he would have noticed that almost nothing can be accomplished, in less than one year, when the law is involved.
Wednesday, January 5, 2011
Most Candidates Lie
Obama lied when he campaigned on the fact that he would pull out of Afghanistan.
Obama received the votes from the people who thought that he would leave Afghanistan and received the votes from the people who paid him, with political campaign contributions, who knew that he would not leave Afghanistan.
So Obama received votes from BOTH sides. I am amazed that you can be for adding more troops and reducing the number of troops at the same time. Honest people will never have a chance.
See the article - Obama approves Afghanistan troop increase
http://articles.cnn.com/2009-02-17/politics/obama.troops_1_afghanistan-troop-increase-troop-levels?_s=PM:POLITICS
There is no reason to believe Obama because Boeing was contributing to his campaigns. Just follow the money.
http://images.nictusa.com/cgi-bin/fecimg/?24962420601
I guess Obama did not understand the issues of the Afghanistan War even though he was a United States Senator.
Obama received the votes from the people who thought that he would leave Afghanistan and received the votes from the people who paid him, with political campaign contributions, who knew that he would not leave Afghanistan.
So Obama received votes from BOTH sides. I am amazed that you can be for adding more troops and reducing the number of troops at the same time. Honest people will never have a chance.
See the article - Obama approves Afghanistan troop increase
http://articles.cnn.com/2009-02-17/politics/obama.troops_1_afghanistan-troop-increase-troop-levels?_s=PM:POLITICS
There is no reason to believe Obama because Boeing was contributing to his campaigns. Just follow the money.
http://images.nictusa.com/cgi-bin/fecimg/?24962420601
I guess Obama did not understand the issues of the Afghanistan War even though he was a United States Senator.
Subscribe to:
Posts (Atom)