Sunday, August 7, 2011

Federal Government Borrows $239 Billion On Tuesday, U.S. Debt Has Largest One-Day Bump In History…


Another Obama Record Breaking First: (The Washington Times) — U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history —the debt subject to the statutory limit shot way past the old cap of $14.294 trillion to hit $14.532 trillion on Tuesday, according to the latest Treasury Department figures, which are released on the next business day.

President Obama... "it is no surprise to the American people that your failed economic policies –- from TARP to your health care bill–- have resulted in disaster for our economy. Since taking office, unemployment has remained at or near 9 percent for 28 months, America has added $3.4 trillion in debt in 29 months -- the equivalent of about $4 billion per day -- we have an anemic housing market with record foreclosures, and an average price of nearly $4 for a gallon of gas. Even your budget did not receive one single vote in the United States Senate -- and the icing on the cake –- a stock market slide of nearly 800 points in the last 5 days."
- - Congressman Allen West (Fl-22)

"In a time of deceit, telling the truth is a revolutionary act." - - George Orwell
End the fraud in Washington, D.C. - www.ronpaul2012.com

Sunday, July 3, 2011

16 Reasons Why The United States Can No Longer Afford To Be The Police Of The World

Did you know that the United States military is now bombing 6 different countries? U.S. aircraft are conducting air strikes in Afghanistan, Iraq, Pakistan, Libya, Yemen and now Somalia. There is a U.S. military base in over half of the countries on the planet and U.S. military spending is over 7 times larger than the military spending of any other nation on earth. Yes, the United States will always need a strong military. But with our national debt exploding at an exponential rate, can the United States really afford to continue to be the police of the world?

#1 Prior to the beginning of the "War on Terror" our national debt was under 6 trillion dollars. Today, it has more than doubled and currently sits at a whopping 14.3 trillion dollars.
#2 Today, the U.S. military is in nearly 130 different nations and it has a total of about 700 military bases around the globe. It costs approximately 100 billion dollars each year to maintain these military bases.
#3 U.S. military spending is greater than the military spending of China, Russia, Japan, India, and the rest of NATO combined.
#4 The United States already accounts for 46.5% of all military spending on the planet. China is next with only 6.6%.
#5 If Bill Gates gave every penny of his fortune to the U.S. government, it would only cover the U.S. budget deficit for 15 days.
#6 When you throw in all "off budget" items and other categories of "defense spending" not covered in the Pentagon budget you get a grand total of somewhere between $1.01 and $1.35 trillion spent on national defense in 2010.
#7 The U.S. government borrows an average of about 168 million more dollars every single hour.
#8 The Pentagon currently gobbles up 56 percent of all discretionary spending by the federal government.
#9 Between 2007 and 2010, U.S. GDP grew by only 4.26%, but the U.S. national debt soared by 61% during that same time period.
#10 The cost for the first week of airstrikes on Libya was 600 million dollars. Keep in mind that the leader of the opposition in Libya has admitted that his forces contain large numbers of the same "al-Qaeda fighters" that were shooting at American troops in Iraq. So we are going broke and we are helping al-Qaeda take power in Libya at the same time.
#11 The total price tag for each F-22 fighter jet is approximately $350 million.
#12 Over the past decade, the wars in Iraq and Afghanistan have cost U.S. taxpayers well over a trillion dollars.
#13 If you went out today and started spending one dollar every single second, it would take you over 31,000 years to spend one trillion dollars.
#14 Since 2001, the total cost of the wars in Iraq and Afghanistan breaks down to well over $3,600 for every man, woman and child in the United States.
#15 Just one day of the war in Afghanistan costs more money than it took to build the entire Pentagon.
#16 The United States government is now responsible for more than a third of all the government debt in the entire world.

The U.S. national debt is escalating out of control and all of these wars are not helping one bit.
Occupying and bombing all of these nations is not even making us safer. In fact, it is creating more enemies than it is destroying.
In addition, our military is now spread so incredibly thin that there are real questions about our ability to respond if a major threat did actually arise.
If you support our troops, then you should want the U.S. government to stop trying to police the world. We are getting a lot of young men and women hurt and killed and we are accomplishing a whole lot of nothing.

See complete article from THE AMERICAN DREAM at:
http://endoftheamericandream.com/archives/16-reasons-why-the-united-states-can-no-longer-afford-to-be-the-police-of-the-world

Tuesday, June 28, 2011

Why Every American Should Receive an ObamaCare Waiver

Washington, Jun 28 -

Since its passage last year, over 1,300 ObamaCare waivers have been rewarded exempting nearly 3.1 million Americans out of the monstrous health care overhaul. With several hundred more waivers pending, the Obama Administration has decided it will no longer accept waiver applications after September 22 of this year. These waivers are extremely telling; if ObamaCare was truly the reform our healthcare system needs, why is the Administration allowing so many to opt out of the program?

It comes as no surprise that hundreds of companies are applying for waivers from ObamaCare. Business owners across the country continue to voice concern over how to implement the new ObamaCare rules without paying fines, laying off workers or even going bankrupt. As the book Why ObamaCare is Wrong for America points out, “ObamaCare will lead to slower wage growth, fewer job opportunities, and more businesses going under.”

Yet, the waiver-granting process became increasingly questionable as companies applied for exemptions. It seemed that ObamaCare regulators were passing out waivers mostly to friends of the Administration. For instance, of the 204 waivers granted by the Administration in April, nearly twenty percent went to some of the finest restaurants and businesses within House Minority Leader Nancy Pelosi’s district. Even more jaw-dropping, of those 3.1 million individuals exempted from ObamaCare through waivers, over half – 1.55 million – are union members.

President Obama’s health care reform grows the size of government and increases its impact on our lives. According to Why ObamaCare is Wrong for America, ObamaCare sets in motion a massive federal bureaucracy with at least 159 new federal agencies, creates more than $500 billion in new taxes and will take $575 billion away from Medicare. In my view, it is time that every American, regardless of their relationship with the Administration, receives a permanent waiver from ObamaCare. I remain committed to working towards the complete repeal of this legislation.

Friday, February 4, 2011

George Soros television coming to a city near you


Under the terms of the FCC order approving Comcast’s takeover of NBCU, at least half of NBC’s 10 O&Os have to find a nonprofit news center with which to work within the next year.
The order cites the KNSD-VoiceOfSanDiego.org alliance as the model for what it would like to see in other NBC markets.
Proponents of the growing nonprofit news movement are hoping that NBC’s FCC-mandated efforts will bear fruit and encourage other commercial TV stations to seek out nonprofit partners.

There’s just one problem with this: Voice of San Diego is a member of INN (Investigative News Network) which is funded by the Open Society Institute, the URL of which is “www.soros.org.” Yes, these “non-profit” journalism centers are funded by George Soros.
Excerpt from:

Wednesday, January 26, 2011