Okay, if we could go back in time, this is what Obama should have said when he was pitching Obamacare, because years later, this is what he actually sold us and we know this because the numbers are in, the… Read More ›
National Debt
Headlines for week of February 7, 2016
It’s to the point in my blog where everything’s already been said, by myself and others, and modern blogging is nothing more than finding new examples of points that have already been established a thousand times before. This week is… Read More ›
2012 – The State of the Nation – AWC’s Predictions For the Future
The State of the Nation…is in decline and accelerating. THE DEBT We are currently at $16.1T in national debt, up $5.5T from $10.6T on January 20, 2009, the day Obama was inaugurated. As a point of reference, and by no means… Read More ›
Congress Raises Debt Ceiling…AGAIN…now up to $16.4 TRILLION…Three Minute Video Explains Our Nightmare, it’s a MUST SEE!
Two days ago, so quietly that you may not have heard about it, our criminal representatives in Congress, with Obama’s blessing, raised the debt limit again, to $16.4 Trillion dollars. Remember last year when the government almost shutdown because of… Read More ›
Your taxes went up 11.4%, American towns begin printing their own money, rumbles of the next recession mount.
Dozens of towns have begun printing their own currency. A dozen states are considering coining their own silver and gold backed currency. You can read more about that by clicking here (since that article, Utah has made significant steps in… Read More ›
Congress has raised the debt ceiling 74 times in 49 years. In politico-speak, “ceiling” must mean….what exactly?
It is for that reason I am 100% confident that Congress will do the wrong thing and raise the debt ceiling for the 75th time in 50 years. In the end there will be some kind of phony compromise with… Read More ›
$352M in Spending Cuts Equal to 51 Minutes of Government Spending
I remember falling out of my chair laughing when Obama made a big deal about his request to reduce spending by $100M in April of 2009. That number was so ridiculously low, it was insulting to my intelligence, and yours…. Read More ›
Democrats & Obama block efforts to reduce our deficit from $1.5 Trillion to $1.44 Trillion. Who cares!? How about $0 Trillion in debt!?
I try really hard to keep this blog “G” rated everyday, but some days are harder than others. Our deficit is $1.5 Trillion dollars for the year. Our national debt is $14 Trillion. Notice there is a difference between the… Read More ›
U.S. Debt Is More Than All the Money in the World
Kevin Williams over at the National Review wants to remind us that, “we are in trouble.” Forbes, in a 2008 article put the entire present and future U.S. debt obligation at $70 trillion. In 2008, the entire output of every… Read More ›
Monetary System Collapse
From The Market Ticker
Foreclosed Homeowners In California Get $100,000 To Pay Their Mortgage
As reported today by the Sacramento Bee, The federal government has stepped in to help California homeowners in foreclosure by confiscating $420 million from taxpayers all over the country to assist overextended home debtors who bought homes they couldn’t afford… Read More ›
GM and Chrysler Employees – Only 0.1% of the Employed
UPDATE 04/24/10: For perspective, Fortune magazine (April 12, 2010) reports that 870,000 people will be hired this year for the census which could reduce the unemployment rate by 0.5%. GM & Chrysler only employ 170,000 people. So if all of… Read More ›
$12,000,000,000,000
That’s what we owe. Let’s be clear. We consume more than we produce. Our entire country is running off a credit card called China. If China stops lending to us, our debts come due and we are in serious trouble. … Read More ›
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