When it comes to measuring the combination of unemployment and inflation, it doesn’t get much more miserable than this.
In fact, misery, as measured in the unofficial Misery Index that simply totals the unemployment and inflation rates, is at a 28-year high, reflective of how weak the economic recovery has been and how far there is to go.
instead of doing everything in its power to stimulate reserve, and thus cash, accumulation at domestic (US) banks which would in turn encourage lending to US borrowers, the Fed has been conducting yet another stealthy foreign bank rescue operation, which rerouted $600 billion in capital from potential borrowers to insolvent foreign financial institutions in the past 7 months. QE2 was nothing more (or less) than another European bank rescue operation!
This ought to make every American smoking mad! The printing presses ran and inflated OUR currency (the American Dollar) for the benefit of foreign banks. This is the madness of the Obama Age! Did you expect something different?
Social Security Cards up until the 1980s expressly stated the number and card were not to be used for identification purposes Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message, NOT FOR IDENTIFICATION, was removed.
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:
1.) That participation in the Program would be completely voluntary,
No longer Voluntary
2.) That the participants would only have to pay 1% of the first $1,400 of their annual incomes into the Program,
Now 7.65% on the first $90,000
3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year,
No longer tax deductible
4.) That the money the participants put into the independent ‘Trust Fund’ rather than into the general operating fund, and therefore,would only be used to fund the Social Security Retirement Program, and no other Government program, and,
Under Johnson the money was moved to The General Fund and Spent
5.) That the annuity payments to the retirees would never be taxed as income.
Under Clinton & Gore up to 85% of your Social Security can be taxed
Since many of us have paid into FICA for years and are now receiving a Social Security check every month—and then finding that we are getting taxed on 85% of the money we paid to the Federal government to ‘put away’—you may be interested in the following:
Q: Which Political Party took Social Security from the independent ‘Trust Fund’ and put it into the general fund so that Congress could spend it?
A: It was Lyndon Johnson and the democratically controlled House and Senate.
Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?
A: The Democratic Party.
Q: Which Political Party started taxing Social Security annuities?
A: The Democratic Party, with Al Gore casting the ‘tie-breaking’ deciding vote as President of the Senate, while he was Vice President of the US
Q: Which Political Party decided to start giving annuity payments to immigrants?
A: That’s right! Jimmy Carter and the Democratic Party. Immigrants moved into this country, and at age 65, began to receive Social Security payments! The Democratic Party gave these payments to them, even though they never paid a dime into it!
Then, after violating the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away, make grandma eat dogfood, kill grandpa, etc, etc, etc…!
America has a moral obligation to stop spending like there’s no tomorrow.
John Boehner, US Speaker of the House
We face a monumental choice about the future of our country. For too long, policymakers in Washington have traveled the path of least resistance… of easy promises and the empty claims of progress… of relentless spending and constant borrowing. This path has left us on the brink of national bankruptcy, and continuing down it will push our nation into a debt crisis characterized by uncontrollable interest rates… unsustainable taxes… and an unprecedented economic collapse.
Paul Ryan, US House Budget Chairman
Hold on America! The Dishonesty from the Left (cough, cough, Democrats…) is going to be over the top when the Government shuts down on Friday.
The undersigned groups would like your company to publicly oppose Governor Walker’s efforts to virtually eliminate collective bargaining for public employees in Wisconsin. While we appreciate that you may need some time to consider this request, we ask for your response by March 17. In the event that you do not respond to this request by that date, we will assume that you stand with Governor Walker and against the teachers, nurses, police officers, fire fighters, and other dedicated public employees who serve our communities.
In the event that you cannot support this effort to save collective bargaining, please be advised that the undersigned will publicly and formally boycott the goods and services provided by your company.
In the event you would like to discuss this matter further, please contact the executive Director of the Wisconsin Professional Police Association, Jim Palmer, at 608.273.3840.
Thank you in advance for your consideration. We look forward to hearing from you soon.
James L. Palmer, Executive Director
Wisconsin Professional Police Association
Mahlon Mitchell,President
Professional Fire Fighters
Jim Conway, President
International Association of Fire Fighters Local 311
John Matthews, Executive Director
Madison Teachers, Inc.
Keith Patt, Executive Director
Green Bay Education Association
Bob Richardson, President
Dane County Deputy Sheriffs Association
Dan Frei, President
Madison Professional Police Officers Association
So whats next? Someone breaks into your factory, business, home and the Police don’t respond. Maybe there’s a fire and the Fire trucks don’t roll.
Nothing like being threatened by the head of the Wisconsin Professional Police union to add extra value to the intimidation factor.
MADISON, Wis. – Police officers were dispatched Thursday to find Wisconsin state lawmakers who had apparently boycotted a vote on a sweeping bill that would strip most government workers of their collective bargaining rights.
The lawmakers, all Democrats in the state Senate, did not show up when they were ordered to attend a midday vote on the legislation.
The proposal has been the focus of intense protests at the Statehouse for three days. As Republicans tried to begin Senate business Thursday, observers in the gallery screamed “Freedom! Democracy! Unions!”
For decades Democrat Lawmakers gave state and municipal unions what ever they asked for. Now the huge benefit and retirement packages the union workers enjoy threaten to bankrupt state and local governments. The adults try to reign in spending and he kids (democrats) throw a tantrum and dissappear. Then the kids call in their union thugs to protest the decisions being made by the adults to save the state from bankrupcy
The unsustainable laibilities of union benefits and pensions are bankrupting the states all over the nation. What do the democrats do, they high tail it out of town so they don’t have to face the reality of their failed ideology. Typical, just typical!
When the stock market crashed, Franklin D. Roosevelt got on the television and didn’t just talk about the, you know, princes of greed. He said, ‘Look, here’s what happened.’
Vice President Joesph Biden
Note: The stock market crashed in 1929. FDR was elected in 1932. And televisions were still in the laboratory. A heartbeat away, think about that….
WikiLeaks cables: US agrees to tell Russia Britain’s nuclear secrets
From The Telegraph by Matthew Moore, Gordon Rayner and Christopher Hope
Information about every Trident missile the US supplies to Britain will be given to Russia as part of an arms control deal signed by President Barack Obama next week.
I wonder how may US secrets were turned over by our illustrious Anti-Colonial President?
Speaking with Bloomberg Television a day after a private meeting with President Obama, McCain said he could picture working with Obama on several issues going forward.
“I think there’s a number of issues we could work on together, and I think it’s pretty clear that the president has really pivoted to a much more centrist position, which I think makes it much more for us easier to work with him,” McCain said.
Here comes the Maverick! Was anyone expecting something different?
Go ahead and put a D after your name Senator, you might as well get it over with!
The Democrat and Republicans In Name Only, (RINO)s, have lost touch with the American People. They have become the political elite and We the People have become "fly-over country." I am not a Nazi, a terrorist, a member of the KKK, a racist, or a member of an angry mob. I'm not a birther, teabagger, truther or astroturfer. I do, however believe in the original intent of the Founding Fathers, the United States Constituton and the rule of law. I believe that Government should serve the People, not the other way around. I’m an American and conservative to my very core.
