Posts Tagged ‘ GDP ’

Washington D.C. Creating a Nation of Dependents

Jan 27th, 2012 | By
Washington D.C. Creating a Nation of Dependents

WASHINGTON, D.C.—Under the current administration, there has been a 32% increase in direct government payments made to individuals, and the last budget President Obama presented asked for another $500 billion dollar increase by 2016. According to the latest Census Bureau statistics from the third quarter of 2010, only one-third of those direct payments came from programs where benefits were expected, namely Social Security, Railroad Retirement, veteran’s compensation, veteran’s educational assistance, and Medicare. Republican contenders have labeled this administration the “Food Stamp” administration, and the numbers seem bear out that. At the end of 2008, approximately
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The Corruption of America

Dec 27th, 2011 | By
The Corruption of America

The numbers tell us America is in decline… if not outright collapse. I say “the numbers tell us” because I’ve become very sensitive to the impact this kind of statement has on people. When I warned about the impending bankruptcy of General Motors in 2006 and 2007, readers actually blamed me for the company’s problems – as if my warnings to the public were the real problem, rather than GM’s $400 billion in debt. The claim was absurd. But the resentment my work engendered was real. So please… before you read this issue, which makes
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