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Showing posts from May, 2014

Obama Administration Regulations Increased Consumer Prices By $11,000 | Regulation Watch | Bankrupting America | Government spending and waste in Washington, DC are bankrupting America and increasing our national debt to nearly $17 trillion.

Breaking It Down | Economy Contracts 1.0 Percent | Bankrupting America | Government spending and waste in Washington, DC are bankrupting America and increasing our national debt to nearly $17 trillion.

Insurance Companies Set To Receive Secret Bailout | Spending Daily | Bankrupting America | Government spending and waste in Washington, DC are bankrupting America and increasing our national debt to nearly $17 trillion.

Crony Capitalism and Corporatism

We hear and read many commentaries about the state of our economy and nation. Many diversions are put in front of us by the government and their noisy little lapdogs, posing as the media. Pop culture and sports qualify as diversions, and not all diversions are bad.
 The damage happens when we are so busy with the diversions of daily life and do not take time for educating ourselves to what goes on around us. We may think that something happening in Ukraine may not have a bearing on our daily lives, and ignore it.
 Our economy and country are slowly being ruined by the corrupt political and financial institutions we have in place. The evidence is all around us, the unemployment, national debt, inflation, politicians making laws for us and not them, financial crimes not being criminally prosecuted with only small fines involved, no accountability in our federal government, bailouts, bail ins, foreign entanglements…….
 Loss of freedom is what is happening when the laws do not apply equa…

What's Wrong With This Picture

Last quarter we collected more in federal revenue than we ever have, we still ran a deficit for that same period. This is an obvious indication that our economy is being mismanaged on an epic scale and shows quite clearly why we have a 17.4 trillion dollar national debt.
 The obvious solution is the federal government needs to spend less money than they are spending, in other words, the federal government needs to shrink to a size that is compatible with their revenues. Instead they want to raise taxes in a bad economy. History has shown this solution to be a failure over and over.