Senator Session Warns Republicans — Immigration Bill is Bad Politics, Bad Policy and Bad Economics — Videos
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Senator Session Warns Republicans — Immigration Bill is Bad Politics, Bad Policy and Bad Economics — Videos
Sen Sessions: Immigration Increases Income Inequality – The Real Story W Gretchen Carlson
Jeff Sessions Elite Group With Special Agendas Behind Legislation That Impacts All America
Jeff Session Mocks Gang Of Eight and Special Interest Forces Immigration Debate
Jeff Sessions: ‘Elite Group With Special Agendas’ Behind Legislation That Impacts All Amer
The entire memo is here and worth a read:
Sessions Warns House GOP: Immigration Bill Is Bad Politics, Bad Policy
Offers a better way forward.
By DANIEL HALPER
Yesterday afternoon, before President Obama’s State of the Union Address, Senator Jeff Sessions’ staff hand-delivered to each Republican member of the House an important memo on the so-called immigration reform bill being debated on Capital Hill. The 3-page document, written by Sessions, argues that pushing the current immigration legislation forward is bad politics, bad policy, and that there’s a better way for Republicans.
Sessions believes House Republicans are at risk of falling into President Obama’s trap. “[A]ccording to news reports, House Republican leaders are instead turning 2014 into a headlong rush towards Gang-of-Eight style ‘immigration reform,'” writes Sessions. “They are reportedly drafting an immigration plan that is uncomfortably similar to a ‘piecemeal’ repackaging of the disastrous Senate plan—and even privately negotiating a final package with Democrat activists before consulting with their own members.”
It’s bad politics, Sessions writes. “In the rush to pass an immigration bill, there has been a near absence of any serious thought about the conditions facing American workers. The last 40 years has been a period of record immigration to the U.S., with the last 10 years seeing more new arrivals than any prior 10- year period in history. This trend has coincided with wage stagnation, enormous growth in welfare programs, and a shrinking workforce participation rate. A sensible, conservative approach would focus on lifting those living here today, both immigrant and native-born, out of poverty and into the middle class—before doubling or tripling the level of immigration into the U.S.
A sensible immigration policy would also listen to the opinion of the American people. Not the opinions of the paid-for consultants trotted out with their agenda-driven polls to GOP member meetings—but the actual, honest opinion of the people who sent us here. There is a reason why none of the corporate-funded ads for amnesty breathe a word about doubling immigration levels. According to Rasmussen Reports, working and middle class Americans strongly oppose large expansions of our already generous immigration system. Those earning under $30,000 prefer a reduction to an increase by an overwhelming 3-1 margin.
And bad policy, the senator from Alabama details. “Coordinating with a small group of the nation’s most powerful special interests, last year President Obama and Senate Democrats forced through an immigration bill which can only be described as a hammer blow to the American middle class. Not only would it grant work permits to millions of illegal immigrants at a time of record joblessness, it would also double the annual flow of new immigrant workers and provide green cards to more than 30 million permanent residents over the next decade. These new workers, mostly lesser-skilled, will compete for jobs in every sector, industry, and occupation in the U.S. economy.”
He adds, “House Republicans, in crafting immigration principles, should reply to the President’s immigration campaign with a simple message: our focus is to help unemployed Americans get back to work—not to grant amnesty or to answer the whims of immigration activists and CEOs. In turn, that message could be joined with a detailed and unifying policy agenda for accomplishing that moral and social objective.”
As for Sessions’ “Better Agenda,” he lays it out very precisely:
The GOP’s 2014 agenda should not be to assist the President in passing his immigration plan. Rather, it should be a consuming focus on restoring hope and opportunity to millions of discouraged workers. The GOP’s 2014 agenda should be a national effort—announced proudly and boldly—to reduce the welfare rolls and get America back to work, including:
- More American energy that creates good-paying jobs right here in the U.S.
- A more competitive tax and regulatory code that allows U.S. businesses and workers tocompete on a level global playing field
- A trade policy that increases U.S. exports and expands domestic manufacturing
- An immigration policy that serves the interests of the American people
- Converting the welfare office into a job training center
- Making government leaner and more accountable to U.S. taxpayers
- Restoring economic confidence by continuing our effort to balance the federal budget
An all-out immigration push is inimical to these goals.
Rep. Ryan: GOP Looking at Legal Status, Chance for Citizenship
Rep. Paul Ryan (R., Wis.), a leading GOP advocate for tackling immigration, confirmed Wednesday that Republicans are looking to give illegal immigrants legal status right away, with the chance for a green card—and citizenship—down the line.
Officials familiar with the planning had said as much before. But Mr. Ryan is the first member of the GOP leadership to lay out the Republican vision publicly.
At issue is how to handle more than 11 million people already in the U.S. illegally. Most House Republicans oppose the Senate approach, whereby all qualified illegal immigrants would first win legal status, then have the chance to apply for legal permanent residence (also known as a green card), and then for citizenship. House Republicans call that a “special path to citizenship” that is unavailable to those who followed the law.
House Republicans have been talking since last summer about a different approach, and Mr. Ryan laid it out on Wednesday in an interview with MSNBC’s “The Daily Rundown.”
First, illegal immigrants would be offered a “probationary” status, allowing them to work while the government tightened border security and interior enforcement. Officials have explained that this would allow people to work legally while they wait for permanent legal status. (Officials have explained that this group could revert to illegal status if enforcement benchmarks are not met.)
Mr. Ryan said it would make sure that the Obama administration went ahead with the enforcement provisions. “We want to make sure that we write a law that he can’t avoid,” Mr. Ryan said.
After that, they would be eligible for a “regular work permit,” he said.
“If those things are met, you satisfy the terms of your probation, you’re not on welfare, you pay a fine, you learn English and civics, and the border’s been secured and interior enforcement independently verified, then you can get a regular work permit,” he said.
At that point, this group could apply for green cards using the same system available to any newcomer.
“That’s the kind of process we envision,” he said. “Which is not a special pathway to citizenship and it’s not going to automatically in any way give an undocumented immigrant citizenship.”
Some Democrats and immigration advocates have signaled that they could accept this approach, depending on the details. It’s unclear whether enough Republicans would feel the same. The idea will get its first full airing on Thursday afternoon, when House Republicans are scheduled to discuss immigration at their retreat in Cambridge, Md.
All Aboard The Train Wreck Obamacare — Whitehouse Fear American People Will Not Get On Board — Why Should They? — Congress and Staffs Just Got Off Obamacare Train Wreck — Defund Obamacare Now! — Videos
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Mike Lee On Defunding Obamacare – TheBlazeTV – The Glenn Beck Program – 2013.07.23
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Dr. Coburn on the Senate Floor: Obamacare Will Only End With Full Repeal
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Harry Reid and Tom Coburn Agree: Obamacare Was Designed to Fail, Pave Way for Single-Payer
In just about seven weeks, people will be able to start buying Obamacare-approved insurance plans through the new health care exchanges.
But already, Senate Majority Leader Harry Reid is predicting those plans, and the whole system of distributing them, will eventually be moot.
Reid said he thinks the country has to “work our way past” insurance-based health care during a Friday night appearance on Vegas PBS’ program “Nevada Week in Review.”
“What we’ve done with Obamacare is have a step in the right direction, but we’re far from having something that’s going to work forever,” Reid said.
When then asked by panelist Steve Sebelius whether he meant ultimately the country would have to have a health care system that abandoned insurance as the means of accessing it, Reid said: “Yes, yes. Absolutely, yes.”
The idea of introducing a single-payer national health care system to the United States, or even just a public option, sent lawmakers into a tizzy back in 2009, when Reid was negotiating the health care bill.
And so we have a rare moment of bipartisan agreement in the United States Senate. Reid now appears to concur with Republican senator Tom Coburn of Oklahoma, who has has been warning for quite some time that Obamacare was “rigged to fail” in order to pave the way for a total government takeover of the health insurance industry.
“More than two years after the passage of Obamacare, the data overwhelming show the law will fail to achieve its core objectives of lowering costs and improving access,” Coburn wrote in 2012. “That, ironically, may have been the design. By making private insurance unaffordable for everyone, it will become available to no one. All that will be left is government-centered, government-run, single-payer health care.”
As liberal Washington Post blogger Ezra Klein said in 2008, organizations on the left pushing for health care reform were pursuing a “sneaky strategy” to “put in place something that over time the natural incentives … move it to single payer.”
So the big question on the left and right isn’t really whether or not Obamacare will eventually fail, but what comes after it fails.
When Obamacare starts to unravel, will the American people really trust the Democrats who designed it to fix it by giving the government more power and more control? Or will Obamacare’s failure provide an opportunity to repeal it and replace it with a more conservative, free-market reform?
http://www.youtube.com/watch?v=MPxhbYUaT-s
Reid says Obamacare just a step toward eventual single-payer system
By Karoun Demirjian
In just about seven weeks, people will be able to start buying Obamacare-approved insurance plans through the new health care exchanges.
But already, Senate Majority Leader Harry Reid is predicting those plans, and the whole system of distributing them, will eventually be moot.
Reid said he thinks the country has to “work our way past” insurance-based health care during a Friday night appearance on Vegas PBS’ program “Nevada Week in Review.”
“What we’ve done with Obamacare is have a step in the right direction, but we’re far from having something that’s going to work forever,” Reid said.
When then asked by panelist Steve Sebelius whether he meant ultimately the country would have to have a health care system that abandoned insurance as the means of accessing it, Reid said: “Yes, yes. Absolutely, yes.”
The idea of introducing a single-payer national health care system to the United States, or even just a public option, sent lawmakers into a tizzy back in 2009, when Reid was negotiating the health care bill.
“We had a real good run at the public option … don’t think we didn’t have a tremendous number of people who wanted a single-payer system,” Reid said on the PBS program, recalling how then-Sen. Joe Lieberman’s opposition to the idea of a public option made them abandon the notion and start from scratch.
Eventually, Reid decided the public option was unworkable.
“We had to get a majority of votes,” Reid said. “In fact, we had to get a little extra in the Senate, we have to get 60.”
Reid cited the post-WWII auto industry labor negotiations that made employer-backed health insurance the norm, remarking that “we’ve never been able to work our way out of that” before predicting that Congress would someday end the insurance-based health care system.
Reid also had some strong words for Republican Gov. Brian Sandoval and Sen. Dean Heller concerning their ongoing dispute with Energy Secretary Ernest Moniz over shipments of low-level nuclear waste from Oak Ridge, Tenn., to Nevada.
Sandoval disputes the existence of “many memos” that Moniz said were signed between state and federal officials, permitting the import of the spent fuel rods. Heller has asked Moniz to clarify the existence of the memos, which Moniz first referred to in testimony before the Senate Energy Committee on July 30.
Reid suggested that Sandoval and Heller were “flailing away” with their complaints, before establishing the facts, which Reid said he “just do[es]n’t think we have.”
“If there are these memos flying around then somebody should be able to find them someplace, but this is not the point,” Reid said. “Gov. Sandoval knows his powers are limited. This is interstate commerce … you can’t just say ‘we’re not going to take it.’ It doesn’t work that way.”
http://www.lasvegassun.com/news/2013/aug/10/reid-says-obamacare-just-step-toward-eventual-sing
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“…It is a signal advantage of taxes on articles of consumption, that they contain in their own nature a security against excess. They prescribe their own limit; which cannot be exceeded without defeating the end proposed, that is, an extension of the revenue. When applied to this object, the saying is as just as it is witty, that, “in political arithmetic, two and two do not always make four.” If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them….”
~Alexander Hamilton, The Federalist No. 21, The Federalist Papers
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“If we cannot persuade the public that it is desirable to do these things, we have no right to impose them even if we had the power to do it.”
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The Pronk Plan for A Peace and Prosperity Economy
1. Federal Tax Reform and End The Internal Revenue Service: The FairTax should replace all Federal taxes and the Internal Revenue Service should be ended with all Internal Revenue records destroyed. A bureau of FairTax Revenues (FTR) would be established in the Department of the Treasury to both send monthly prebates to each American citizen and collect FairTax revenues from retailers and the states.
2. Government Spending: surplus budgets to pay down the National Debt by restricting fiscal year spending outlays to 80% of previous year’s FairTax revenue collections with the remaining 20% of revenue collection to pay down the national debt.
3. Size and scope of the government: At least ten Federal Departments, many Federal agencies and hundreds of Federal programs should be closed down permanently. The number of Federal government employees and contract personnel and consultants needs to be cut by at least 50%.
4. National Defense: Budget 5% of our nation’s gross domestic product for national defense, intelligence gathering, securing our borders and homeland security.
5. Foreign Affairs: End US involvement with the United Nations and bring all the troops home from abroad including from the countries of Germany, Italy, United Kingdom, Spain, Japan, South Korea, Afghanistan, Bahrain, Djibouti, Iraq, Kuwait, Libya, and Qatar.
6. Social Security and Medicare: Transform them from a government controlled and operated system to an individual controlled and owned investment system where benefits are based upon payments into a person’s account and investment performance. All persons over the age of forty-five would have the option to remain under the existing Social Security and Medicare programs or go into the new individual controlled and owned system. All persons under age forty-five would establish, control and own their individual disability, life and health insurance and retirement savings accounts with a maximum contributions of twenty-five percent (25%) of their income per year. All persons over the age of sixty-five would continue to receive Social Security and Medicare Benefits under the existing system.
7. Immigration: immigration law enforcement, illegal alien removal and deportation, and controlled and limited legal immigration. The number of legal immigrants each year would range from a minimum of 200,000 persons when the official unemployment rate exceeds eight percent (8%) to a maximum of 500,000 persons per year when the official unemployment rate is less than two percent (2%). All new citizens must speak, read and write English before becoming a United States citizen.
8. Promote competition in education: provide all parents with school vouchers that enable them to choose the school their children attend including home schooling and online schooling.
9. Health Care Reform: affordable, portable, individual, tax favored, and competitive health insurance plans and expanded health savings accounts.
10. End the Federal Reserve System and fiat paper money and institute a new gold backed currency standard. Let money interest rates be determined in the market place and not controlled and fixed by the Federal Reserve System.
11. End all Federal subsidies to businesses no matter what form the subsidies take.
12. Eliminate Federal Government regulations that put U.S. businesses at a competitive disadvantage.
13. Energy Independence: repeal all laws and regulations that are impeding the growth and expansion of US energy production including oil and gas exploration and refining and nuclear electrical power generation plant construction and operation.
14. Preserve, protect and defend the Constitution of the United States of America: appoint judges and public servants that will uphold their oaths.
The above Fourteen Issue Positions should receive the support of the vast majority of the American people including Democrats, Republicans, Independents, Libertarians and others.
However, both the Democratic and Republican Party establishments would not support these Fourteen Issue Positions in their entirety.
The Tea Party movement must transform itself into a viable political party that is fundamentally different from both the Democratic and Republican parties.
The ruling political class and elites in Washington, D.C. are responsible for the economic, political and military mess the United States and the American people currently finds themselves.
The warfare and welfare economy of ever-expanding centralized collectivist government must be transformed into a peace and prosperity economy with a limited and constrained Constitutional republic.
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I agree with Ron Paul and Michele Bachmann that the National Debt ceiling should not be increased.
I support and have signed the cut, cap, and balance pledge.
Only if both the balanced budget amendment and FairTax bills are passed with a provision repealing the income tax 16th Amendment would I support the raising of the National Debt ceiling by an amount not exceeding $2,000 billion.
This would require the Democratic Party in both the House of Representatives and Senate to vote for this and the President signing these bills.
Barring this, the President needs to start informing nonessential government employees that their jobs have been terminated.
The priorities for Federal Government outlays should be as follows:
1. Interest on the national debt
2. Social Security
3. Medicare and Medicaid
5. Department of Treasury
6. Department of Justice
7. Department of State
8. Department of Defense (60% of total budget outlays) with salaries of military personnel on active duty paid first.
The above is about 65% of total government expenditures or outlays.
The Federal government should start selling all of its real estate asset and gold to make up any shortfall in tax revenues.
The remaining Federal Departments need to be closed and only operations that are absolutely essential should continue operating.
It should take a minimum of two to five years to have the necessary 38 states ratify the Balanced Budget Amendment and an Amendment repealing the income tax 16th Amendment to the Consitution to the United States.
Until these amendments are ratified the U.S. Federal Government budget should be balanced and the income tax replaced by the consumption tax–The FairTax.
The Budget for Fiscal Year 2012 should not exceed $3,000 billion not the proposed $3,500 billion Republican budget which has a deficit of nearly $1,000 billion.
Congress should balance the budget starting in Fiscal Year 2013 at $ 3,000 billion or less.
Time for the House of Representatives to call President Obama’s bluff.
The American people want Federal Government spending to be drastically cut and all U.S. Federal Government budgets balanced starting no later than Fiscal year 2013.
The American people want all Federal Government taxes to be replaced with a national retail consumption sales tax on all new goods and services–the FairTax.
The FairTax should go into operation on January 1, 2013 at the latest and would replace all Federal Government taxes including income, payroll, gift and estate taxes.
The time has come to call the President’s bluff.
If the Democrats vote against this, then the American people will blame them for shutting down the Federal Government.
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http://en.wikipedia.org/wiki/Economy_of_the_United_States
| Summary of Outlays, Revenues (Receipts), Deficits, Surpluses Fiscal Years 1980-2010(Nominal Dollars in Millions) | |||
| Fiscal Year | Outlays | Revenues (Receipts) | Deficits (-), Surpluses |
| 1980 | 590,941 | 517,112 | -73,830 |
| 1981 | 678,241 | 599,272 | -78,968 |
| 1982 | 745,743 | 617,766 | –127,977 |
| 1983 | 808,364 | 600,562 | -207,802 |
| 1984 | 851,805 | 666,488 | -185,367 |
| 1985 | 946,344 | 734,037 | -212,308 |
| 1986 | 990,382 | 769,155 | -221,277 |
| 1987 | 1,004,017 | 854,288 | -149,730 |
| 1988 | 1,064,417 | 854,288 | -155,178 |
| 1989 | 1,143,744 | 991,105 | -152,639 |
| 1990 | 1,252,994 | 1,031,958 | -221,036 |
| 1991 | 1,324,226 | 1,054,988 | -269,238 |
| 1992 | 1,381,529 | 1,091,208 | -290,321 |
| 1993 | 1,409,386 | 1,154,335 | -255,051 |
| 1994 | 1,461,753 | 1,258,566 | –203,186 |
| 1995 | 1,515,742 | 1,351,790 | -163,392 |
| 1996 | 1,560,484 | 1,453,053 | -107,431 |
| 1997 | 1,601,116 | 1,579,232 | -21,884 |
| 1998 | 1,652,458 | 1,721,728 | 69,270 |
| 1999 | 1,701,842 | 1,827,452 | 125,610 |
| 2000 | 1,788,950 | 2,025,191 | 236,241 |
| 2001 | 1,862,846 | 1,991,082 | 128,236 |
| 2002 | 2,010,894 | 1,853,136 | –157,758 |
| 2003 | 2,159,899 | 1,782,314 | -377,585 |
| 2004 | 2,292,841 | 1,880,114 | -412,727 |
| 2005 | 2,471,957 | 2,153,611 | -318,346 |
| 2006 | 2,655,050 | 2,406,869 | -248,181 |
| 2007 | 2,728,686 | 2,567,985 | -160,701 |
| 2008 | 2,982,544 | 2,523,991 | -458,553 |
| 2009 | 3,517,677 | 2,104,989 | -1,412,688 |
| 2010 | 3,456,213 | 2,162,724 | -1,293,489 |
FINANCIAL MANAGEMENT SERVICE
STAR – TREASURY FINANCIAL DATABASE
TABLE 1. SUMMARY OF RECEIPTS, OUTLAYS AND THE DEFICIT/SURPLUS BY MONTH OF THE U.S. GOVERNMENT (IN MILLIONS)
ACCOUNTING DATE: 06/11
PERIOD RECEIPTS OUTLAYS DEFICIT/SURPLUS (-)
+ ____________________________________________________________ _____________________ _____________________ _____________________
PRIOR YEAR
OCTOBER 135,293 311,656 176,363
NOVEMBER 133,563 253,850 120,287
DECEMBER 218,919 310,329 91,410
JANUARY 205,239 247,873 42,634
FEBRUARY 107,520 328,429 220,909
MARCH 153,358 218,745 65,387
APRIL 245,260 327,950 82,689
MAY 146,794 282,721 135,927
JUNE 251,048 319,470 68,422
JULY 155,546 320,588 165,043
AUGUST 163,998 254,524 90,526
SEPTEMBER 245,207 279,813 34,607
YEAR-TO-DATE 2,161,746 3,455,949 1,294,204
CURRENT YEAR
OCTOBER 145,951 286,384 140,432
NOVEMBER 148,970 299,364 150,394
DECEMBER 236,875 315,009 78,134
JANUARY 226,550 276,346 49,796
FEBRUARY 110,656 333,163 222,507
MARCH 150,894 339,047 188,153
APRIL 289,543 329,929 40,387
MAY 174,936 232,577 57,641
JUNE 249,658 292,738 43,080
YEAR-TO-DATE 1,734,033 2,704,557 970,524
http://www.fms.treas.gov/mts/mts0611.txt
U.S. Federal Government Budget Receipts and Outlays
Totals Include On-Budget and Off-Budget Amounts
From Coolidge To Obama, In Billions of Dollars
| Total Budget | Percent of G.D.P. | |||||||
| President | Fiscal Year |
Receipts | Outlays | Surplus orDeficits | G.D.P. | Receipts | Outlays | Surplus orDeficit |
|---|---|---|---|---|---|---|---|---|
| Calvin Coolidge | 1930 | 4.1 | 3.3 | 0.7 | 97.4 | 4.2 | 3.4 | .8 |
| Herbert Hoover | 1931 | 3.1 | 3.6 | -0.5 | 83.9 | 3.7 | 4.3 | -0.6 |
| 1932 | 1.9 | 4.7 | -2.7 | 67.6 | 2.8 | 6.9 | -4.9 | |
| 1933 | 2.0 | 4.6 | -2.6 | 57.6 | 3.5 | 8.0 | -4.5 | |
| F.D.Roosevelt | 1934 | 3.0 | 6.5 | -3.6 | 61.2 | 4.8 | 10.7 | -5.9 |
| 1935 | 3.6 | 6.4 | -2.8 | 69.6 | 5.2 | 9.2 | -4.0 | |
| 1936 | 3.9 | 8.2 | -4.3 | 78.5 | 5.0 | 10.5 | -5.5 | |
| 1937 | 5.4 | 7.6 | -2.2 | 87.8 | 6.1 | 8.6 | -2.5 | |
| 1938 | 6.8 | 6.8 | -0.1 | 89.0 | 7.6 | 7.7 | -0.1 | |
| 1939 | 6.3 | 9.1 | -2.8 | 89.1 | 7.1 | 10.3 | -3.2 | |
| 1940 | 6.5 | 9.5 | -2.9 | 96.8 | 6.8 | 9.8 | -3.0 | |
| 1941 | 8.7 | 13.7 | -4.9 | 114.1 | 7.6 | 12.0 | -4.3 | |
| 1942 | 14.6 | 35.1 | -20.5 | 144.3 | 10.1 | 24.3 | -14.2 | |
| 1943 | 24.0 | 78.6 | -54.6 | 180.3 | 13.3 | 43.6 | -30.3 | |
| 1944 | 43.7 | 91.3 | -47.6 | 209.2 | 20.9 | 43.6 | -22.7 | |
| 1945 | 45.2 | 92.7 | -47.6 | 221.4 | 20.4 | 41.9 | -21.5 | |
| 1946 | 39.3 | 55.2 | -15.9 | 222.6 | 17.7 | 24.8 | -7.2 | |
| Harry S.Truman | 1947 | 38.5 | 34.5 | 4.0 | 233.2 | 16.5 | 14.8 | 1.7 |
| 1948 | 41.6 | 29.8 | 11.8 | 256.6 | 16.2 | 6.9 | 4.6 | |
| 1949 | 39.4 | 38.8 | 0.6 | 271.3 | 14.5 | 14.3 | 0.2 | |
| 1950 | 39.4 | 38.8 | 0.6 | 273.1 | 14.4 | 15.6 | -1.1 | |
| 1951 | 51.6 | 45.5 | 6.1 | 320.2 | 16.1 | 14.2 | 1.9 | |
| 1952 | 66.2 | 67.7 | -1.5 | 348.7 | 19.0 | 19.4 | -0.3 | |
| 1953 | 60.7 | 70.9 | -6.5 | 372.5 | 18.7 | 20.4 | -1.7 | |
| D.D.Eisenhower | 1954 | 69.7 | 70.9 | -1.2 | 377.0 | 18.5 | 18.8 | -0.3 |
| 1955 | 65.5 | 68.4 | -3.07 | 395.9 | 16.5 | 17.3 | -.8 | |
| 1956 | 74.6 | 70.6 | 3.9 | 427.0 | 17.5 | 16.5 | 0.9 | |
| 1957 | 80.0 | 76.6 | 3.4 | 450.9 | 17.7 | 17.0 | 0.8 | |
| 1958 | 79.6 | 82.4 | -2.8 | 460.0 | 17.3 | 17.9 | -0.6 | |
| 1959 | 79.2 | 92.1 | -12.8 | 490.2 | 16.2 | 18.8 | -2.6 | |
| 1960 | 92.5 | 92.2 | 0.3 | 518.9 | 17.8 | 17.8 | 0.1 | |
| 1961 | 94.4 | 97.7 | -3.3 | 529.9 | 17.8 | 18.4 | -1.3 | |
| John F.Kennedy | 1962 | 99.7 | 106.8 | -4.8 | 567.8 | 17.6 | 18.8 | -1.3 |
| 1963 | 106.6 | 111.3 | -4.8 | 599.2 | 17.8 | 18.4 | -0.6 | |
| Lyndon B.Johnson | 1964 | 112.6 | 118.5 | -5.9 | 641.5 | 17.6 | 18.5 | -0.9 |
| 1965 | 116.8 | 118.2 | -1.4 | 687.5 | 17.0 | 17.2 | -0.2 | |
| 1966 | 130.8 | 134.5 | -3.7 | 755.8 | 17.3 | 17.8 | -0.5 | |
| 1967 | 148.8 | 157.5 | -8.6 | 810.0 | 18.4 | 19.4 | -1.1 | |
| 1968 | 153.0 | 178.1 | -25.2 | 868.4 | 17.6 | 20.5 | -2.9 | |
| 1969 | 186.9 | 183.6 | 3.2 | 948.1 | 19.7 | 19.4 | -0.3 | |
| Richard N.Nixon | 1970 | 192.8 | 195.6 | -2.8 | 1,012.7 | 19.0 | 19.3 | -0.3 |
| 1971 | 187.1 | 210.2 | -23.0 | 1,080.0 | 17.3 | 19.5 | -2.1 | |
| 1972 | 207.3 | 230.7 | -23.4 | 1,176.5 | 17.6 | 19.6 | -2.0 | |
| 1973 | 230.8 | 245.7 | -14.9 | 1,310.6 | 17.6 | 18.7 | -1.1 | |
| 1974 | 263.2 | 269.4 | -6.1 | 1,438.5 | 18.3 | 18.7 | -0.4 | |
| Gerald R.Ford | 1975 | 279.1 | 332.3 | -53.2 | 1,560.2 | 17.9 | 21.3 | -3.4 |
| 1976 | 298.1 | 371.8 | -73.7 | 1,738.16 | 17.1 | 21.4 | -4.2 | |
| TQ | 81.2 | 96.0 | -14.7 | 459.4 | 17.7 | 20.0 | -3.2 | |
| 1977 | 355.6 | 409.2 | -53.7 | 1,973.5 | 18.0 | 20.7 | -2.7 | |
| Jimmy Carter | 1978 | 399.6 | 458.7 | -59.2 | 2,217.5 | 18.0 | 20.7 | -2.7 |
| 1979 | 463.3 | 504.0 | -40.7 | 2,501.4 | 18.5 | 20.1 | -1.6 | |
| 1980 | 517.1 | 590.9 | -73.8 | 2,724.2 | 19.0 | 21.7 | -2.7 | |
| 1981 | 599.3 | 678.2 | -79.0 | 3,057.0 | 19.6 | 22.2 | -2.6 | |
| Ronald Reagan | 1982 | 617.8 | 745.7 | -128.0 | 3,223.7 | 19.2 | 23.1 | -4.0 |
| 1983 | 600.6 | 808.4 | -207.8 | 3,440.7 | 17.5 | 23.5 | -6.0 | |
| 1984 | 666.4 | 851.8 | -185.4 | 3,844.4 | 17.3 | 22.2 | -4.8 | |
| 1985 | 734.0 | 946.3 | -212.3 | 4,146.3 | 17.7 | 22.8 | -5.1 | |
| Ronald Reagan | 1986 | 769.2 | 990.4 | -212.2 | 4,403.9 | 17.5 | 22.5 | -4.9 |
| 1987 | 854.3 | 1,004.0 | -149.7 | 4,651.4 | 18.4 | 21.6 | -3.2 | |
| 1988 | 909.2 | 1,064.4 | -155.2 | 5,008.5 | 18.2 | 21.3 | -3.0 | |
| 1989 | 991.1 | 1,143.7 | -152.6 | 5,399.5 | 18.4 | 21.2 | -4.9 | |
| George H.W.Bush | 1990 | 1,032.0 | 1,253.0 | -221.0 | 5,734.5 | 18.0 | 21.9 | -3.9 |
| 1991 | 1,055.0 | 1,324.2 | -269.2 | 5,930.5 | 17.8 | 22.3 | -4.5 | |
| 1992 | 1,091.2 | 1,381.5 | -290.3 | 6,242.0 | 17.5 | 22.1 | -4.7 | |
| 1993 | 1,154.3 | 1,409.4 | -255.1 | 6,587.3 | 17.5 | 21.4 | -3.9 | |
| William J. Clinton | 1994 | 1,258.6 | 1,461.8 | -203.2 | 6,976.6 | 2.8 | 6.9 | -4.9 |
| 1995 | 1,351.8 | 1,515.8 | -164.0 | 7,341.1 | 18.4 | 20.6 | -2.2 | |
| 1996 | 1,453.1 | 1,560.5 | -107.4 | 7,718.3 | 18.8 | 20.2 | -1.4 | |
| 1997 | 1,579.2 | 1,601.1 | -21.9 | 8,211.7 | 19.2 | 19.5 | -0.3 | |
| William J. Clinton | 1998 | 1,721.7 | 1,652.5 | 69.3 | 67.6 | 19.9 | 19.1 | 0.8 |
| 1999 | 1,827.5 | 1,701.8 | 125.6 | 9,208.4 | 19.8 | 18.5 | 1.4 | |
| 2000 | 2,025.2 | 1,789.0 | 236.2 | 9,821.0 | 20.6 | 18.2 | 2.4 | |
| 2001 | 1,991.1 | 1,862.9 | 128.2 | 10,225.3 | 19.5 | 18.2 | 1.3 | |
| George W.Bush | 2002 | 1,853.1 | 2,010.9 | -157.8 | 10,543.9 | 17.6 | 19.1 | -1.5 |
| 2003 | 1,782.3 | 2,159.9 | -377.6 | 10,979.8 | 16.2 | 19.7 | -3.4 | |
| 2004 | 1,880.1 | 2,292.9 | -412.7 | 11,685.6 | 16.1 | 19.6 | -3.5 | |
| 2005 | 2,153.6 | 2,472.0 | -318.3 | 12,445.7 | 17.3 | 19.9 | -2.6 | |
| George W.Bush | 2006 | 2,406.0 | 2,655.1 | -248.2 | 13,224.9 | 18.2 | 20.1 | -1.9 |
| 2007 | 2,568.0 | 2,728.7 | -160.7 | 13,896.0 | 18.5 | 19.6 | -1.2 | |
| 2008 | 2,524.0 | 2,982.6 | -458.6 | 14,439.0 | 17.5 | 20.7 | -3.2 | |
| 2009 | 2,105.0 | 3,517.7 | -1,412.7 | 14,237.2 | 14.8 | 24.7 | -9.9 | |
| Barack H.Obama | 2010 | 2,165.1 | 3,720.7 | -1,555.6 | 14,623.9 | 14.8 | 25.4 | -10.6 |
| estimates | 2011 | 2,567.2 | 3,833.9 | -1,266.7 | 15,299.0 | 16.8 | 25.1 | -8.3 |
| estimates | 2012 | 2,926.4 | 3,754.9 | -828.5 | 16,203.3 | 18.1 | 23.2 | -5.1 |
Prior to fiscal year 1977 the Federal fiscal years began on July 1 and ended on June 30. For example, John F. Kennedy assumed office on January 20, 1961, but the FY 1961 budget was prepared by the Eisenhower Administration.
In calendar year 1976 the July-September period was a separate accounting period (known as the transition quarter or TQ) to bridge the period required to shift to the new fiscal year.
The Fiscal Year begins on October 1 of the previous year. For example, Fiscal Year 2012 begins on October 1, 2011. For this reason, budget years appear to not correspond with a president’s administration. For example, Barack H. Obama took office in January 2009, but the FY 2009 budget was prepared by the Bush Administration.
It’s The Economy Stupid–Thirty Million Americans Looking For Full Time Job–Deport Illegal Aliens–Enforce The Immigration Law President Obama!–Criminal Alien Removal!–Do Not Feed Or Touch The Alligators–Videos
Obama Mocks Border Enforcement: ‘They’ll Need A Moat’ With Alligators
Illegal immigrants
Van Flips and 28 Illegal Immigrants Jump Out
Illegal. What is so confusing about this word?!!!
Message To President Obama: It’s the Economy Stupid!
Obama Has A Record Of Dithering
Obama seeks immigration reform
Obama hits Republicans on immigration
U.S. Border With Mexico Is Not Secure
Cafferty Blasts Obama and the Dems For the Arizona Law
Arizona Appeals to Supreme Court on Immigration Law Ruling
Exclusive Ariz. Immigration Law Battle Going to High Court
Glenn Beck-05/10/11-A
Glenn Beck-05/10/11-B
Glenn Beck-05/10/11-C
Background Artilces and Videos
Illegal alien is cop in Alaska
Arizonans React to Court Ruling as Limited Immigration Law Takes Effect
Virginia Supporting Arizona’s SB 1070 and Wanting Even Stricter Laws For Their State
Just talk with your customers….
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“The great rule of conduct for us, in regard to foreign nations, is in
extending our commercial relations to have as little political
connection as possible… Why, by interweaving our destiny with that of
any part of Europe, entangle our peace and prosperity in the toils of
European ambition, rivalships, interest, humor, or caprice?… It is our
true policy to steer clear of permanent alliances with any portion of
the foreign world.”
~President George Washington
“As I write, highly civilized human beings are flying overhead, trying to kill me.”
~George Orwell
UPDATE April 1, 2011
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Retired Air Force General Wesley Clark reveals the 2001 long range strategic five year plan of the United States political and military establishement to take down the leaders of seven Islamic middle eastern countries nation with regime change:
1. Iraq
https://www.cia.gov/library/publications/the-world-factbook/geos/iz.html
2. Syria
https://www.cia.gov/library/publications/the-world-factbook/geos/su.html
3. Lebanon
https://www.cia.gov/library/publications/the-world-factbook/geos/le.html
4. Libya
https://www.cia.gov/library/publications/the-world-factbook/geos/ly.html
5. Somalia
https://www.cia.gov/library/publications/the-world-factbook/geos/so.html
6. Sudan
https://www.cia.gov/library/publications/the-world-factbook/geos/su.html
7. Iran
https://www.cia.gov/library/publications/the-world-factbook/geos/ir.html
Wesley Clark exposes plan to attack Iraq after 9-11-01
War Plan, Seven Countries In Five Years
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“Truth will ultimately prevail where there is pains taken to bring it to light. “
~President George Washtington
“During times of universal deceit, telling the truth becomes a revolutionary act.”
~George Orwell
War (What Is It Good For?)
Background Articles and Videos
Wesley Clark
Wesley Kanne Clark, Sr., KBE (born December 23, 1944) is a retired general of the United States Army. Graduating as valedictorian of his class at West Point, he was awarded a Rhodes Scholarship to the University of Oxford where he obtained a degree in Philosophy, Politics and Economics, and later graduated from the Command and General Staff College with a master’s degree in military science. He spent 34 years in the Army and the Department of Defense, receiving many military decorations, several honorary knighthoods, and a Presidential Medal of Freedom.
Clark commanded Operation Allied Force in the Kosovo War during his term as the Supreme Allied Commander Europe of NATO from 1997 to 2000.
Clark joined the 2004 race for the Democratic Party presidential nomination as a candidate on September 17, 2003, but withdrew from the primary race on February 11, 2004, after winning the Oklahoma state primary, endorsing and campaigning for the eventual Democratic nominee, John Kerry. Clark currently leads a political action committee—”WesPAC”—which was formed after the 2004 primaries,[1][2] and used it to support numerous Democratic Party candidates in the 2006 midterm elections.[3] Clark was considered a potential candidate for the Democratic nomination in 2008, but, on September 15, 2007, endorsed Senator Hillary Clinton.[4] After Clinton dropped out of the Presidential race, Clark endorsed the then-presumptive Democratic nominee, Barack Obama.[5] Clark currently serves as the co-chairman of Growth Energy, an ethanol lobbying group[6][7] and on the board of directors of BNK Petroleum.[8]
http://en.wikipedia.org/wiki/File:General_Wesley_Clark_official_photograph,_edited.jpg
Lockheed AC-130
“…The Lockheed AC-130 gunship is a heavily-armed ground-attack aircraft. The basic airframe is manufactured by Lockheed, and Boeing is responsible for the conversion into a gunship and for aircraft support.[1] It is a variant of the C-130 Hercules transport plane. The AC-130A Gunship II superseded the AC-47 Gunship I during the Vietnam War.
The gunship’s sole user is the United States Air Force, which uses AC-130H Spectre and AC-130U Spooky variants.[2] The AC-130H “Spectre” is powered by four Allison T56-A-15 turboprops and is armed with two 20 mm M61 Vulcan cannons, one Bofors 40mm autocannon, and one 105 mm M102 cannon. The upgraded AC-130U “Spooky” has a single 25 mm GAU-12 Equalizer in place of the Spectre’s twin 20 mm cannons, as well as an improved fire control system and increased capacity for ammunition. It has a standard crew of twelve or thirteen airmen, including five officers (two pilots, a navigator, an electronic warfare officer, and a fire control officer) and enlisted personnel (flight engineer, sensor operators, aerial gunners, and a loadmaster).
The US Air Force uses the AC-130 gunships for close air support, air interdiction, air missions, bombing raid, and force protection. Close air support roles include supporting ground troops, escorting convoys, and flying urban operations. Air interdiction missions are conducted against planned targets and targets of opportunity. Force protection missions include defending air bases and other facilities. AC-130U Spooky gunships are stationed at Hurlburt Field in Northwest Florida and the AC-130H models are stationed at Cannon AFB, New Mexico. The gunship squadrons are part of the Air Force Special Operations Command (AFSOC), a component of United States Special Operations Command (SOCOM). …”
“…he United States used gunships during Operation Enduring Freedom in Afghanistan (2001– ), and Operation Iraqi Freedom in Iraq (2003–2010). In 2007 U.S. Special Operations forces used the AC-130 in attacks on suspected al-Qaeda militants in Somalia.[24][25]
There are eight AC-130H and seventeen AC-130U aircraft in active-duty service as of July 2010.[2]
In March 2011 the US Air Force deployed two AC-130s to take part in Operation Odyssey Dawn, the military intervention in Libya.[26]
…”
http://en.wikipedia.org/wiki/Lockheed_AC-130
A-10 Thunderbolt II
“…The Fairchild Republic A-10 Thunderbolt II is an American single-seat, twin-engine, straight-wing jet aircraft developed by Fairchild-Republic in the early 1970s. The A-10 was designed for a United States Air Force requirement to provide close air support (CAS) for ground forces by attacking tanks, armored vehicles, and other ground targets with a limited air interdiction capability. It is the first U.S. Air Force aircraft designed exclusively for close air support.[3]
The A-10 was designed around the GAU-8 Avenger, a heavy automatic cannon which forms the aircraft’s primary armament. The aircraft’s hull incorporates over 1,200 pounds (540 kg) of armor and was designed with survivability as a priority, with protective measures in place which enable the aircraft to continue flying even after taking significant damage.
The A-10’s official name comes from the Republic P-47 Thunderbolt of World War II, a fighter that was particularly effective at close air support. The A-10 is more commonly known by its nickname “Warthog” or simply “Hog”.[4] As a secondary mission, it provides airborne forward air control, guiding other aircraft against ground targets. A-10s used primarily in this role are designated OA-10.[5] The A-10 is expected to be replaced in 2028 or later. …”
“…Afghanistan and Iraq Wars
During the 2001 invasion of Afghanistan, A-10s did not take part in the initial stages. For the campaign against Taliban and Al Qaeda, A-10 squadrons were deployed to Pakistan and Bagram Air Base, Afghanistan, beginning in March 2002. These A-10s participated in Operation Anaconda. Afterwards, A-10s remained in-country, fighting Taliban and Al Qaeda remnants.[77]
The A-10C first deployed to Iraq in the third quarter of 2007 with the 104th Fighter Squadron of the Maryland Air National Guard. The jets include the Precision Engagement Upgrade.[80] The A-10C’s digital avionics and communications systems have greatly reduced the time to acquire a close air support target and attack it.[81]
On 25 March 2010, an A-10 conducted the first flight of an aircraft with all engines powered by a biofuel blend. The flight, performed at Eglin Air Force Base, used a 1:1 blend of JP-8 and Camelina-based fuel.[82]
Libya
In March 2011, six A-10s were deployed as part of Operation Odyssey Dawn, the coalition intervention in Libya. They participated in attacks on Libyan ground forces there. …”
http://en.wikipedia.org/wiki/Fairchild_Republic_A-10_Thunderbolt_II
F-15E Strike Eagle
“…The McDonnell Douglas (now Boeing) F-15E Strike Eagle is an American all-weather multirole fighter. The F-15E was designed in the 1980s for long-range, high speed interdiction without relying on escort or electronic warfare aircraft. It is a major derivative of the McDonnell Douglas F-15 Eagle air superiority fighter. United States Air Force F-15E Strike Eagles can be distinguished from other U.S. Eagle variants by darker camouflage and conformal fuel tanks mounted along the engine intakes.
The Strike Eagle has been deployed in Operation Desert Storm and Operation Allied Force, carrying out deep strikes against high-value targets, combat air patrols, and providing close air support for coalition troops. It has also seen action in later conflicts and has been exported to several countries. …”
“…Operation Odyssey Dawn
Following the adoption of United Nations Security Council Resolution 1973 on 17 March 2011, 10 USAF F-15E fighters, and a variety of other US aircraft were deployed to enforce the Libyan no-fly zone as part of Operation Odyssey Dawn. On 21 March 2011, an F-15E Strike Eagle 91-304 crashed in Libya, near Bengazi.[48] Both crew members parachuted into territory held by resistance elements of the Libyan population and were sheltered by the resistance until they were rescued by a Marine Corps CSAR mission. An equipment malfunction is the reason stated for the crash.[49][50][51] …”
http://en.wikipedia.org/wiki/McDonnell_Douglas_F-15E_Strike_Eagle
Forward air control
“…Forward air control is the provision of guidance to Close Air Support (CAS)[1] aircraft intended to ensure that their attack hits the intended target and does not injure friendly troops. This task is carried out by a forward air controller (FAC).[2] For NATO forces the qualifications and experience required to be a FAC are set out in a NATO Standard (STANAG). FACs may form part of a Fire Support Team or Tactical Air Control Party, they may be ground based, airborne FACs in fixed wing aircraft (FAC-A) or in helicopters (ABFAC).[3] Since 2003 the United States Armed Forces have used the term joint terminal attack controller (JTAC) for some of their ground based FACs,[4][5] and this term was used for Vietnamese Forward Air Controllers and was not used in reference to any US Air Force Forward Air Controllers. [6]
A primary function of a Forward Air Controller is ensuring the safety of friendly troops. Enemy targets in the Forward Edge of the Battle Area (FEBA) are often close to friendly forces and therefore friendly forces are at risk of friendly fire through proximity during air attack. The danger is twofold: the bombing pilot cannot identify the target clearly, and is not aware of the locations of friendly forces. Camouflage, constantly changing situation and the fog of war all increase the risk. Air interdiction the term used for air attacks conducted at such distance from friendly forces that detailed integration of each air mission with the fire and movement of friendly forces is not required, thus it by definition does not involve the participation of a FAC.[7] …”
http://en.wikipedia.org/wiki/Forward_air_control
This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products
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This entry is the total natural gas exported in cubic meters (cu m).
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CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America
“…Here are the key remarks:
Unions are almost dead. We cannot survive doing what we do but the simple fact of the matter is community organizations are almost dead also. And if you think about what we need to do it may give us some direction which is essentially what the folks that are in charge – the big banks and everything – what they want is stability.
There are actually extraordinary things we could do right now to start to destabilize the folks that are in power and start to rebuild a movement.
For example, 10% of homeowners are underwater right their home they are paying more for it then its worth 10% of those people are in strategic default, meaning they are refusing to pay but they are staying in their home that’s totally spontaneous they figured out it takes a year to kick me out of my home because foreclosure is backed up
If you could double that number you would you could put banks at the edge of insolvency again.
Students have a trillion dollar debt
We have an entire economy that is built on debt and banks so the question would be what would happen if we organized homeowners in mass to do a mortgage strike if we get half a million people to agree it would literally cause a new finical crisis for the banks not for us we would be doing quite well we wouldn’t be paying anything…
We have to think much more creatively. The key thing… What does the other side fear the most – they fear disruption. They fear uncertainty. Every article about Europe says in they rioted in Greece the markets went down
The folks that control this country care about one thing how the stock market goes what the bond market does how the bonuses goes. We have a very simple strategy:
- How do we bring down the stock market
- How do we bring down their bonuses
- How do we interfere with there ability to be rich…
So a bunch of us around the country think who would be a really good company to hate we decided that would be JP Morgan Chase and so we are going to roll out over the next couple of months what would hopefully be an exciting campaign about JP Morgan Chase that is really about challenge the power of Wall Street.
And so what we are looking at is the first week in May can we get enough people together starting now to really have an week of action in New York I don’t want to give any details because I don’t know if there are any police agents in the room.
The goal would be that we will roll out of New York the first week of May. We will connect three ideas
- that we are not broke there is plenty of money
- they have the money – we need to get it back
- and that they are using Bloomberg and other people in government as the vehicle to try and destroy us
And so we need to take on those folks at the same time. And that we will start here we are going to look at a week of civil disobedience – direct action all over the city. Then roll into the JP Morgan shareholder meeting which they moved out of New York because I guess they were afraid because of Columbus.
There is going to be a ten state mobilization to try and shut down that meeting and then looking at bank shareholder meetings around the country and try and create some moments like Madison except where we are on offense instead of defense
Where we have brave and heroic battles challenging the power of the giant corporations. We hope to inspire a much bigger movement about redistributing wealth and power in the country and that labor can’t do itself that community groups can’t do themselves but maybe we can work something new and different that can be brave enough and daring and nimble enough to do that kind of thing.
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Read Full Post | Make a Comment ( None so far )SEIU Stephen Lerner’s Plan to Sabotage American Economy and Stock Market and To Destroy Capitalism–Videos
http://www.dollarsandsense.org/archives/2011/0311reuss.html
http://politicalcalculations.blogspot.com/2006/03/union-membership-trends-in-us-private.html
UPDATED
Stephen Lerner, former SEIU memeber, plan for strike (Occupy Wall Street): FULL Uncut Version
Glenn Beck-03/22/11-A
Glenn Beck-03/22/11-B
SEIU Planned Destruction of Capitalism
CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America
“…Here are the key remarks:
Unions are almost dead. We cannot survive doing what we do but the simple fact of the matter is community organizations are almost dead also. And if you think about what we need to do it may give us some direction which is essentially what the folks that are in charge – the big banks and everything – what they want is stability.
There are actually extraordinary things we could do right now to start to destabilize the folks that are in power and start to rebuild a movement.
For example, 10% of homeowners are underwater right their home they are paying more for it then its worth 10% of those people are in strategic default, meaning they are refusing to pay but they are staying in their home that’s totally spontaneous they figured out it takes a year to kick me out of my home because foreclosure is backed up
If you could double that number you would you could put banks at the edge of insolvency again.
Students have a trillion dollar debt
We have an entire economy that is built on debt and banks so the question would be what would happen if we organized homeowners in mass to do a mortgage strike if we get half a million people to agree it would literally cause a new finical crisis for the banks not for us we would be doing quite well we wouldn’t be paying anything…
We have to think much more creatively. The key thing… What does the other side fear the most – they fear disruption. They fear uncertainty. Every article about Europe says in they rioted in Greece the markets went down
The folks that control this country care about one thing how the stock market goes what the bond market does how the bonuses goes. We have a very simple strategy:
- How do we bring down the stock market
- How do we bring down their bonuses
- How do we interfere with there ability to be rich…
So a bunch of us around the country think who would be a really good company to hate we decided that would be JP Morgan Chase and so we are going to roll out over the next couple of months what would hopefully be an exciting campaign about JP Morgan Chase that is really about challenge the power of Wall Street.
And so what we are looking at is the first week in May can we get enough people together starting now to really have an week of action in New York I don’t want to give any details because I don’t know if there are any police agents in the room.
The goal would be that we will roll out of New York the first week of May. We will connect three ideas
- that we are not broke there is plenty of money
- they have the money – we need to get it back
- and that they are using Bloomberg and other people in government as the vehicle to try and destroy us
And so we need to take on those folks at the same time. And that we will start here we are going to look at a week of civil disobedience – direct action all over the city. Then roll into the JP Morgan shareholder meeting which they moved out of New York because I guess they were afraid because of Columbus.
There is going to be a ten state mobilization to try and shut down that meeting and then looking at bank shareholder meetings around the country and try and create some moments like Madison except where we are on offense instead of defense
Where we have brave and heroic battles challenging the power of the giant corporations. We hope to inspire a much bigger movement about redistributing wealth and power in the country and that labor can’t do itself that community groups can’t do themselves but maybe we can work something new and different that can be brave enough and daring and nimble enough to do that kind of thing.
Revealed — The Left’s Economic Terrorism Playbook: The Chase Campaign by a Coalition of Unions, Community Groups, Lawmakers and Students to Take Down US Capitalism and Redistribute Wealth & Power
UNCUT TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan
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(2 of 3) Exposed: How SEIU’s “Corporate Campaign” Used Clinton’s Department of Labor
(3 of 3) Exposed: How SEIU’s “Corporate Campaign” Used Clinton’s Department of Labor
SEIU: The Early Years | beginning
SEIU Official Apparently Taped Plotting to Disrupt Wall Street, Crash Stock Market
“…An official formerly with one of the nation’s most prominent unions, SEIU, was apparently caught on tape with a plan to take down JP Morgan Chase, the stock market, and ultimately bridge the gap between the rich and poor.
The voice of what sounds like Stephen Lerner, a former Service Employees International Union (SEIU) official, was caught on tape which were published on The Blaze website. He was speaking at a Pace University forum several days ago. SEIU is the fastest-growing union in the country with 2.2 million members.
The tape, which was published on several sites including YouTube , generated a bit of buzz throughout the Internet, including message boards and on other forums.
“We need to figure out in a much more, through direct action, much more concrete way how we really are trying to disrupt and create uncertainty for capital, for how corporations operate,” the voice said.
He added that there are “extraordinary things” that one could do to “destabilize the folks that are in power and start to rebuild a movement.” One of those things includes taking down the stock market to make way for the lower and middle classes in America. …”
Unions see sharp membership declines again
Union membership falls sharply; private sector union ranks at pre-WWII levels
“… The nation’s labor unions saw another steep decline in membership last year, even as the economy showed signs of recovery and job losses slowed.
The Bureau of Labor Statistics reported Friday that unions lost 612,000 members in 2010, dropping the unionized share of the work force to 11.9 percent from 12.3 percent in 2009. That follows a loss of 771,000 workers in 2008, continuing a steady decline from the 1950s when more than a third of workers belonged to unions.
The news comes as union officials are pressing President Barack Obama and other leaders to invest more money in infrastructure projects like repairing highways and bridges to help stimulate the economy and create new jobs. That plea is meeting stiff resistance from Republicans intent on cutting spending sharply to pare back the rising national debt.
Union membership in the private sector fell from 7.2 percent to 6.9 percent, a low point not seen since the infancy of the labor movement in the 1930s. The steepest decline was seen in the construction industry, where unemployment remains around 20 percent.
Public employment unions saw a 1.2 percent decline, mostly from job cuts among state and local government workers. Those unions could see further declines this year, as states eliminate jobs in an effort to make up multibillion-dollar budget deficits.
“In the absence of federal support for state and local governments, public sector cutbacks will continue to depress the overall union membership rate,” said Ben Zipperer, a senior research associate of the Center for Economic and Policy Research. …”
http://finance.yahoo.com/news/Unions-see-sharp-membership-apf-2604944800.html
Read Full Post | Make a Comment ( None so far )Timothy P. Carney–Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses –Videos
“…Synopsis
Praise for Obamanomics“The notion that ‘big business’ is on the side of the free market is one of progressivism’s most valuable myths. It allows them to demonize corporations by day and get in bed with them by night. Obamanomics is conservative muckraking at its best. It reveals how President Obama is exploiting the big business mythology to undermine the free market and stick it to entrepreneurs, taxpayers, and consumers. It’s an indispensable field guide to the Obama years.”
—Jonha Goldberg, LA Times columnist and best-selling author“‘Every time government gets bigger, somebody’s getting rich.’ With this astute observation, Tim Carney begins his task of laying bare the Obama administration’s corporatist governing strategy, hidden behind the president’s populist veneer. This meticulously researched book is a must-read for anyone who wants to understand how Washington really works.”
—David Freddoso, best-selling author of The Case Against Barack Obama“Every libertarian and free-market conservative who still believes that large corporations are trusted allies in the battle for economic liberty needs to read this book, as does every well-meaning liberal who believes that expansions of the welfare-regulatory state are done to benefit the common people.”
—Congressman Ron Paul“It’s understandable for critics to condemn President Obama for his ‘socialism.’ But as Tim Carney shows, the real situation is at once more subtle and more sinister. Obamanomics favors big business while disproportionately punishing everyone else. So-called progressives are too clueless to notice, as usual, which is why we have Tim Carney and this book.”
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guide™ to American History …”
Timothy P. Carney on “Obamanomics”: Crony Capitalism as Progressive Reform
Obama vs. Reagan: Ray Griggs on His New Film, ‘I Want Your Money’
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Repent, the end is near!
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The 45th Super Bowl is over.
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Do you want a One World Govenment / One World Caliphate ?
WORLD WAR 3 WILL BE A GOG MAGOG WAR
RED ALERT: WORLD WAR 3 IMMINENT
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Ezekiel 39 – The Gog Magog War
These two chapters are echoed in Apocalyptic literature (Book of Enoch), in the Dead Sea Scrolls, in the New Testament (Revelation), and in Talmud and Midrash, which view the wars of Gog and Magog (in post-Ezekiel literature, the latter is also conceived as a person) as a sign of the imminent coming of the Messiah. Consequently, in the course of Jewish history, great armed conflicts between the nations stirred such messianic expectations, as did the struggle between Christendom and Islam..
Read more: http://www.answers.com/topic/gog-and-magog#ixzz1DaEl3fKE
Imran Nazar Hosein
“…Imran Nazar Hosein is a leading International Islamic Philosopher, Scholar and author, specialising in world politics, economy, eschatology , modern socio-economic/political issues and expert on international affairs. He is best-selling author of Jerusalem in the Qur’an.
Imran Nazar Hosein was born on the Caribbean island of Trinidad in 1942 to parents whose ancestors had migrated from India as indentured labourers. He studied Islam, Philosophy and International Relations at several universities and institutions of higher learning. Among them are al-Azhar University in Cairo, Egypt, the Institute of International Relations of the University of the West Indies in Trinidad, the University of Karachi in Pakistan, the Aleemiyah Institute of Islamic Studies in Karachi, Pakistan, and the Graduate Institute of International Studies in Geneva, Switzerland.
He worked for several years as a Foreign Service Officer in the Ministry of Foreign Affairs of the Government of Trinidad and Tobago.
He lived in New York for ten years during which time he served as the Director of Islamic Studies for the Joint Committee of Muslim Organizations of Greater New York. He lectured on Islam in several American and Canadian universities, colleges, churches, synagogues, prisons, community halls, etc. He also participated in many inter-faith dialogues with Christian and Jewish scholars while representing Islam in USA. He was the Imam, for sometime, at Masjid Dar al-Qur’an in Long Island, New York. He also led the weekly Jumu’ah prayers and delivered the sermon at the headquarters of the United Nations Organization in Manhattan, New York, once a month for ten years continuously.
He is a former Principal of the Aleemiyah Institute of Islamic Studies in Karachi, Pakistan, Director of Research of the World Muslim Congress in Karachi, Pakistan, Director of the Islamic Institute for Education and Research in Miami, Florida, and Director of D’awah for Tanzeem-e-Islami of North America.
He has traveled continuously and extensively around the world on Islamic lecture-tours since graduating from the Aleemiyah Institute of Islamic Studies at age 29. And he has also written more than a dozen books on Islam that have invariably been received with public respect. Indeed, Jerusalem in the Qur’an – An Islamic View of the Destiny of Jerusalem has become a best seller and has been translated and published in several languages.
Prof. Dr. Malik Badri, Dean of the International Institute for Islamic Thought and Civilization in Kuala Lumpur, Malaysia, wrote the Foreword to the book.
Imran’s first book, entitled Islam and Buddhism in the Modern World was written when he was just 29 and still remains the only book on the subject by a Muslim scholar. That book won high praise from such eminent scholars as Vice Chancellor of University of Karachi and renowned historian, Dr. Ishtiaq Husain Quraishi, eminent Pakistani jurist and philosopher, A. K. Brohi, and eminent Muslim sociologist, Dr. Basharat Ali.
Maulana Dr. Fazlur Rahman Ansari, an outstanding scholar of Islam of the modern age, wrote the Foreword to that book.
Imran Hosein’s three new books, published in 2007, on ‘Surah al-Kahf’ of the Qur’an and on the subject of ‘Signs of the Last Day in the Modern Age’, offer rare insights into interpretation of the Qur’an and the Hadith of Muhammad insofar as they explain the modern age. …”
http://en.wikipedia.org/wiki/Imran_Nazar_Hosein
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Read Full Post | Make a Comment ( None so far )Federal Reserve Monetizes U.S. Government Treasury Debt By Printing Money–Quantitative Easing (QE2)–Devalues U.S Currency–Banks Steal American People’s Purchasing Power!
U.S. Debt Clock
http://www.usdebtclock.org/
http://www.captainscomments.com/comment/812
The FED’s magic with money
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Glenn Beck-11/03/10-C
Ron Paul to Bernanke : Continue Down Path of Socializing Our Entire Economy 5-5-09
Fall Of The Republic 6/14: The Presidency Of Barack H Obama
On October 15, 2010 Chairman of the Federal Reserve, Ben Bernanke, presented a speech entitled Monetary Policy Objectives and Tools in a Low-Inflation Environment at the Federal Reserve Bank of Boston’s Conference on Revisiting Monetary Policy in a Low-Inflation Environment.
This speech pointed out that the Federal Opening Market Committee (FOMC) was about to embark on the purchase of Treasury securities with the objectives of reducing the continuing high unemployment rate and maintaining price stability.
Bernanke said:
“…the Federal Reserve remains committed to pursuing policies that promote our duel objectives of maximum employment and price stability. In particular, the FOMC is prepared to provide additional accommodation if needed to support the economic recovery and to return inflation over time to levels consistent with our mandate. Of course, in considering possible further actions, the FOMC will take account of the potential costs and risks of nonconventional policies, and, as always, the Committee’s actions are contingent on incoming information about the economic outlook and financial conditions.”
On November 3, 2010, the Federal Reserve provided more details as the amount and duration its unconventional monetary policy that is commonly called money printing or “quantitative easing”.
The Federal Reserve stated in a press release that:
“…To promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to expand its holdings of securities. The Committee will maintain its existing policy of reinvesting principal payments from its securities holdings. In addition, the Committee intends to purchase a further $600 billion of longer-term Treasury securities by the end of the second quarter of 2011, a pace of about $75 billion per month. The Committee will regularly review the pace of its securities purchases and the overall size of the asset-purchase program in light of incoming information and will adjust the program as needed to best foster maximum employment and price stability. …”
The Federal Reserve’s cover story is simply not being bought by many economists and investment analysts that follow closely the Federal Reserve’s monetary policy.
The United States government has been running massive budgetary deficits of over $1,000 billion for the past two years that will continue into Fiscal Year 2011 and 2012 and over $900 billion in 2013
There is a strong suspicion that the United States Treasury is having increasing trouble selling it securities at Treasury bond and note auctions.
Rather than the Obama Administration going to Congress for another stimulus package that would not be approved by the new Republican House majority, the U.S. Treasury Department could simply issue more Treasury bonds and notes to finance the budgetary deficits.
The Federal Reserve’s unconventional monetary policy better known as quantitative easing 2 would mean the Federal Reserve is an investor of last resort for Treasury bonds and notes when there is a shortage of other investors at the auctions.
The Federal Reserve will buy Treasuries not directly from the Treasury but from a third-party government security dealer or from a foreign country central bank who will act as a middle man or go between to get around the prohibition of the Federal Reserve buying Treasury securities directly from the Treasury Department.
The Federal Reserve would be monetizing Treasury debt by “printing money” in exchange of Treasury bonds and notes.
The economic effect is the decline in the purchasing power or value of the U.S. dollar.
This is a hidden tax on all Americans holding U.S. dollars.
The purchasing power of their dollar currency holdings will buy less goods and service especially imports.
The prices of all goods and services would rise–inflation.
Once this becomes apparent, the Federal Reserve’s dangerous unconventional monetary policy would have to be terminated and the Fed would have to revert back to a conventional tight monetary policy exit strategy to stop inflation by rising both the Federal Funds rate target and the sale of Treasury securities.
December 23, 2013 marks the 100 anniversary of the Federal Reserve.
By then I full expect that $1 in 1913 will be worth less than 1 cent.
The Federal Reserve System has been an abject failure in maintaining the price stability of the dollar.
The time has arrived for Congress to stop the Federal Reserve bank cartel from stealing from the American people by devaluing the U.S. dollar.
What needs to done to create jobs and ensure price stability?
First, cut Federal spending.
Second, balance the budget!
Third, close permanently entire Federal Departments.
Fourth, end the Fed.
Do none of the above and the American people will throw both Democrats and Republicans out of office in 2012, 2014 and 2016.
Dr. Ron Paul says Rand and I will introduce legislation to End the Fed! First day!
Background Articles and Videos
Press Release
Release Date: November 3, 2010
For immediate release
Information received since the Federal Open Market Committee met in September confirms that the pace of recovery in output and employment continues to be slow. Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment and software is rising, though less rapidly than earlier in the year, while investment in nonresidential structures continues to be weak. Employers remain reluctant to add to payrolls. Housing starts continue to be depressed. Longer-term inflation expectations have remained stable, but measures of underlying inflation have trended lower in recent quarters.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. Currently, the unemployment rate is elevated, and measures of underlying inflation are somewhat low, relative to levels that the Committee judges to be consistent, over the longer run, with its dual mandate. Although the Committee anticipates a gradual return to higher levels of resource utilization in a context of price stability, progress toward its objectives has been disappointingly slow.
To promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to expand its holdings of securities. The Committee will maintain its existing policy of reinvesting principal payments from its securities holdings. In addition, the Committee intends to purchase a further $600 billion of longer-term Treasury securities by the end of the second quarter of 2011, a pace of about $75 billion per month. The Committee will regularly review the pace of its securities purchases and the overall size of the asset-purchase program in light of incoming information and will adjust the program as needed to best foster maximum employment and price stability.
The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels for the federal funds rate for an extended period.
The Committee will continue to monitor the economic outlook and financial developments and will employ its policy tools as necessary to support the economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate.
Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; James Bullard; Elizabeth A. Duke; Sandra Pianalto; Sarah Bloom Raskin; Eric S. Rosengren; Daniel K. Tarullo; Kevin M. Warsh; and Janet L. Yellen.
Voting against the policy was Thomas M. Hoenig. Mr. Hoenig believed the risks of additional securities purchases outweighed the benefits. Mr. Hoenig also was concerned that this continued high level of monetary accommodation increased the risks of future financial imbalances and, over time, would cause an increase in long-term inflation expectations that could destabilize the economy.
http://federalreserve.gov/newsevents/press/monetary/20101103a.htm
Volcker: Fed Plan an Illusion, Won’t Boost Economy
“…”The thought that you can create a prosperous economy by inflating is an illusion, in my judgment,” he told reporters after his speech. “And we should never forget that. I thought we’d learned that lesson and I hope we continue to learn that lesson.”
The Fed faces a dilemma in balancing the aim of boosting the economy now while avoiding fears of a future jump in inflation due to the monetary stimulus, said Volcker, who as central bank chairman hiked interest rates aggressively to tame inflation.
“The influence of this kind of action on longer term interest rates, in particular, is ambiguous because the immediate impact of buying bonds ought to be to drive bond prices up and interest rates down,” he said. “But if people get concerned about longer run inflationary impacts, the effects go in the other direction.”
In theory, the Fed’s action is expected to lower interest rates because bond prices and interest rates – also known as yields – move in opposite directions. The yield is the fixed amount of annual interest paid to the owner of the bond expressed as a percentage of the bond price, so the extra demand created by the Fed’s purchases should push bond prices up and lower the yield.
But when investors fear inflation will be higher in the future they demand that bonds pay a higher interest rate to protect their investment from the value-eroding effects of inflation. …”
U.S. Treasury to Sell $72 Billion in Long-Term Debt
By Rebecca Christie – // Nov 3, 2010
“…The Treasury has been scaling back auction sizes, after expanding debt sales to finance annual budget deficits exceeding $1 trillion for the past two years. Bond dealers predict deficits of $1.214 trillion in fiscal 2011, $1.023 trillion in 2012 and $906 billion in 2013, according to a survey provided to the Treasury before this week’s announcements. …”
“…The question arose whether the Fed and the Treasury were working at cross-purposes,” the minutes said. One member said that “from an economic perspective, the Fed’s purchase of longer-dated coupons via increasing reserves was economically equivalent to Treasury reducing longer-dated coupons and issuing more bills.”
In a presentation to the Treasury, one of the committee members said that Fed easing “would force Treasury yields lower and would likely lead the curve to flatten in the five- to 10- year sector” over the next one to two years. The presenter said 30-year interest rates would likely command a higher risk premium because of concerns about inflation and the value of the U.S. dollar. …”
Monetizing Debt
http://research.stlouisfed.org/publications/es/10/ES1014.pdf
The Shell Game – How the Federal Reserve is Monetizing Debt
“…Executive Summary
- The Federal Reserve and the federal government are attempting to “plug the gap” caused by a slowdown of private credit/debt creation.
- Non-US demand for the dollar must remain high, or the dollar will fall.
- Demand for US assets is in negative territory for 2009
- The TIC report and Federal Reserve Custody Account are reviewed and compared
- The Federal Reserve has effectively been monetizing US government debt by cleverly enabling foreign central banks to swap their Agency debt for Treasury debt.
- The shell game that the Fed is currently playing obscures the fact that money is being printed out of thin air and used to buy US government debt.
The Federal Reserve is monetizing US Treasury debt and is doing so openly, both through its $300 billion commitment to buy Treasuries and by engaging in a sleight of hand maneuver that would make a street hustler from Brooklyn blush. …”
http://www.chrismartenson.com/blog/shell-game-how-federal-reserve-monetizing-debt/25806
Bernanke on Deflation Risk Part one
Bernanke on Deflation Risk Part Two
Ron Paul advisor Peter Schiff’s economic forecast
Bernanke in Denial 2005-2007
The Federal Reserve is going bankrupt
Roger E. A. Farmer: Quantitative Easing
Quantitative Easing Bernanke — History & Objectives of QE
Marvin Barth Says QE2 Won’t Fix `Underlying Problems’
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Data extracted on: September 12, 2010 (3:24:26 PM)
Labor Force Statistics from the Current Population Survey
http://data.bls.gov/PDQ/servlet/SurveyOutputServlet
Series Id: LNS14000012
Seasonally Adjusted
Series title: (Seas) Unemployment Rate – 16-19 yrs.
Labor force status: Unemployment rate
Type of data: Percent or rate
Age: 16 to 19 years
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2000 | 12.7 | 13.8 | 13.3 | 12.6 | 12.8 | 12.3 | 13.4 | 14.0 | 13.0 | 12.8 | 13.0 | 13.2 | |
| 2001 | 13.8 | 13.7 | 13.8 | 13.9 | 13.4 | 14.2 | 14.4 | 15.6 | 15.2 | 16.0 | 15.9 | 17.0 | |
| 2002 | 16.5 | 16.0 | 16.6 | 16.7 | 16.6 | 16.7 | 16.8 | 17.0 | 16.3 | 15.1 | 17.1 | 16.9 | |
| 2003 | 17.2 | 17.2 | 17.8 | 17.7 | 17.9 | 19.0 | 18.2 | 16.6 | 17.6 | 17.2 | 15.7 | 16.2 | |
| 2004 | 17.0 | 16.5 | 16.8 | 16.6 | 17.1 | 17.0 | 17.8 | 16.7 | 16.6 | 17.4 | 16.4 | 17.6 | |
| 2005 | 16.2 | 17.5 | 17.1 | 17.8 | 17.8 | 16.3 | 16.1 | 16.1 | 15.5 | 16.1 | 17.0 | 14.9 | |
| 2006 | 15.2 | 15.3 | 16.1 | 14.6 | 14.0 | 15.7 | 15.9 | 16.1 | 16.3 | 15.2 | 14.9 | 14.7 | |
| 2007 | 14.8 | 14.9 | 14.9 | 15.6 | 15.9 | 16.2 | 15.3 | 16.0 | 16.0 | 15.5 | 16.2 | 16.9 | |
| 2008 | 17.8 | 16.5 | 16.0 | 15.6 | 18.9 | 19.0 | 20.8 | 18.9 | 19.3 | 20.3 | 20.3 | 20.8 | |
| 2009 | 20.9 | 21.8 | 22.0 | 21.8 | 23.2 | 24.3 | 24.5 | 25.7 | 26.1 | 27.6 | 26.8 | 27.1 | |
| 2010 | 26.4 | 25.0 | 26.1 | 25.4 | 26.4 | 25.7 | 26.1 | 26.3 |
Series Id: LNS14000006
Seasonally Adjusted
Series title: (Seas) Unemployment Rate – Black or African American
Labor force status: Unemployment rate
Type of data: Percent or rate
Age: 16 years and over
Race: Black or African American
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2000 | 8.2 | 8.1 | 7.4 | 7.0 | 7.7 | 7.8 | 7.7 | 7.9 | 7.3 | 7.3 | 7.3 | 7.4 | |
| 2001 | 8.2 | 7.7 | 8.3 | 8.0 | 7.9 | 8.3 | 8.0 | 9.1 | 8.9 | 9.5 | 9.8 | 10.1 | |
| 2002 | 10.0 | 9.9 | 10.5 | 10.7 | 10.2 | 10.5 | 9.8 | 9.8 | 9.7 | 9.8 | 10.7 | 11.3 | |
| 2003 | 10.5 | 10.7 | 10.3 | 10.9 | 10.9 | 11.5 | 10.9 | 10.9 | 11.1 | 11.4 | 10.2 | 10.1 | |
| 2004 | 10.4 | 9.7 | 10.3 | 9.8 | 10.1 | 10.2 | 11.0 | 10.5 | 10.3 | 10.8 | 10.7 | 10.7 | |
| 2005 | 10.6 | 10.9 | 10.5 | 10.3 | 10.1 | 10.2 | 9.2 | 9.7 | 9.4 | 9.1 | 10.6 | 9.2 | |
| 2006 | 8.9 | 9.4 | 9.5 | 9.4 | 8.7 | 8.8 | 9.5 | 8.8 | 9.0 | 8.5 | 8.6 | 8.3 | |
| 2007 | 8.0 | 8.0 | 8.3 | 8.3 | 8.3 | 8.4 | 8.0 | 7.7 | 8.1 | 8.5 | 8.5 | 9.0 | |
| 2008 | 9.2 | 8.3 | 9.1 | 8.6 | 9.6 | 9.4 | 9.9 | 10.8 | 11.4 | 11.3 | 11.5 | 12.1 | |
| 2009 | 12.8 | 13.5 | 13.5 | 15.0 | 15.0 | 14.8 | 14.7 | 15.2 | 15.5 | 15.7 | 15.6 | 16.2 | |
| 2010 | 16.5 | 15.8 | 16.5 | 16.5 | 15.5 | 15.4 | 15.6 | 16.3 |
Series Id: LNS13023569
Seasonally Adjusted
Series title: (Seas) Unemployment Level – New Entrants
Labor force status: Unemployed
Type of data: Number in thousands
Age: 16 years and over
Unemployed entrant status: New entrants
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2000 | 394 | 420 | 429 | 406 | 466 | 427 | 433 | 499 | 415 | 402 | 419 | 490 | |
| 2001 | 444 | 396 | 378 | 457 | 468 | 467 | 448 | 485 | 473 | 481 | 495 | 515 | |
| 2002 | 484 | 507 | 538 | 527 | 497 | 549 | 545 | 612 | 536 | 479 | 591 | 535 | |
| 2003 | 599 | 584 | 630 | 635 | 630 | 661 | 669 | 652 | 686 | 636 | 593 | 693 | |
| 2004 | 676 | 666 | 631 | 652 | 718 | 649 | 702 | 704 | 695 | 734 | 700 | 702 | |
| 2005 | 621 | 753 | 712 | 764 | 710 | 650 | 630 | 626 | 607 | 638 | 673 | 633 | |
| 2006 | 618 | 710 | 635 | 590 | 522 | 644 | 638 | 647 | 612 | 573 | 583 | 588 | |
| 2007 | 628 | 599 | 614 | 621 | 536 | 634 | 599 | 590 | 668 | 700 | 661 | 688 | |
| 2008 | 685 | 660 | 705 | 631 | 807 | 771 | 829 | 826 | 811 | 826 | 735 | 820 | |
| 2009 | 792 | 1016 | 881 | 919 | 977 | 969 | 994 | 1096 | 1134 | 1114 | 1270 | 1270 | |
| 2010 | 1235 | 1238 | 1197 | 1231 | 1206 | 1140 | 1188 | 1259 |
Power of the Market – Minimum Wage
Good Intentions 2of3 Minimum Wage, Licensing, and Labor Laws with Walter Williams
Williams with Sowell – Minimum Wage
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The Minimum wage argument & SchiffForSenate.com
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Don’t Panic! The PIGS threaten Europe!
EUROPEAN PIGS
PIGS (economics)
“…PIGS is a ethnic slur[1] [2] [1], routinely used by the British and North American economic press to refer to Mediterranean countries. It is purported to be an acronym representing four countries of southern Europe: Portugal, Italy, Greece, and Spain. Sometimes, Ireland is listed in addition to or in lieu of Italy.
Several news and economic organisations have denounced or banned the term.[3]
The acronym was first used in 2008 by some British and North American journalists to refer to the Eurozone countries with lagging economic performance in the preceding few years.[4][5] They were perceived as lacking fiscal discipline and often ran large current account deficits, leading to concerns about the stability of the euro currency.[6] Additionally, they tend to suffer from high unemployment.[7]
Shortly after being coined, an additional “I” was sometimes added to create the acronym “PIIGS”, with the additional letter referring to Ireland.[8] [9][10] Some Italian banks (such as Unicredit) have suggested that Italy be replaced with Ireland in the original four letter acronym, and American commentator Pat Buchanan did so in a February 2010 column.[11] According to Eric Nielsen, chief European economist at Goldman Sachs Group Inc. in London, “Italy is in a more comfortable position than the other Southern European countries because of a stronger balance sheet.”[12] …”
http://en.wikipedia.org/wiki/PIGS_(economics)
| Year | GDP-US $ billion |
Gross Public Debt-total pct GDP |
| 1900 | 20.6 | 10.37 |
| 1901 | 22.3 | 9.61 |
| 1902 | 24.1 | 17.70 |
| 1903 | 25.9 | 17.20 |
| 1904 | 25.7 | 18.18 |
| 1905 | 28.8 | 16.85 |
| 1906 | 31 | 16.43 |
| 1907 | 33.9 | 15.94 |
| 1908 | 30.1 | 19.20 |
| 1909 | 32.2 | 18.67 |
| 1910 | 33.4 | 18.74 |
| 1911 | 34.3 | 19.31 |
| 1912 | 37.4 | 18.70 |
| 1913 | 39.1 | 18.75 |
| 1914 | 36.5 | 21.23 |
| 1915 | 38.7 | 21.61 |
| 1916 | 49.6 | 19.00 |
| 1917 | 59.7 | 20.25 |
| 1918 | 75.8 | 28.47 |
| 1919 | 78.3 | 44.77 |
| 1920 | 88.4 | 38.86 |
| 1921 | 73.6 | 45.10 |
| 1922 | 73.4 | 45.06 |
| 1923 | 85.4 | 38.96 |
| 1924 | 86.9 | 38.03 |
| 1925 | 90.6 | 36.71 |
| 1926 | 96.9 | 34.48 |
| 1927 | 95.5 | 34.97 |
| 1928 | 97.4 | 34.15 |
| 1929 | 103.6 | 32.25 |
| 1930 | 91.2 | 36.76 |
| 1931 | 76.5 | 45.81 |
| 1932 | 58.7 | 65.91 |
| 1933 | 56.4 | 73.77 |
| 1934 | 66 | 69.67 |
| 1935 | 73.3 | 65.35 |
| 1936 | 83.8 | 63.55 |
| 1937 | 91.9 | 60.81 |
| 1938 | 86.1 | 65.74 |
| 1939 | 92.2 | 65.40 |
| 1940 | 101.4 | 62.38 |
| 1941 | 126.7 | 54.28 |
| 1942 | 161.9 | 56.68 |
| 1943 | 198.6 | 78.10 |
| 1944 | 219.8 | 99.40 |
| 1945 | 223.1 | 123.46 |
| 1946 | 222.3 | 128.40 |
| 1947 | 244.2 | 112.87 |
| 1948 | 269.1 | 100.69 |
| 1949 | 267.3 | 102.56 |
| 1950 | 293.8 | 95.80 |
| 1951 | 339.3 | 83.21 |
| 1952 | 358.3 | 80.72 |
| 1953 | 379.3 | 79.05 |
| 1954 | 380.4 | 81.54 |
| 1955 | 414.8 | 76.82 |
| 1956 | 437.4 | 73.53 |
| 1957 | 461.1 | 70.17 |
| 1958 | 467.2 | 71.60 |
| 1959 | 506.6 | 68.85 |
| 1960 | 526.4 | 67.68 |
| 1961 | 544.7 | 66.82 |
| 1962 | 585.6 | 64.72 |
| 1963 | 617.7 | 63.29 |
| 1964 | 663.6 | 60.87 |
| 1965 | 719.1 | 57.96 |
| 1966 | 787.7 | 54.20 |
| 1967 | 832.6 | 52.83 |
| 1968 | 909.8 | 51.52 |
| 1969 | 984.4 | 49.50 |
| 1970 | 1038.3 | 49.55 |
| 1971 | 1126.8 | 49.44 |
| 1972 | 1237.9 | 48.57 |
| 1973 | 1382.7 | 46.73 |
| 1974 | 1499.5 | 45.42 |
| 1975 | 1637.7 | 45.99 |
| 1976 | 1825.3 | 47.19 |
| 1977 | 2030.9 | 47.16 |
| 1978 | 2294.7 | 45.87 |
| 1979 | 2562.2 | 44.12 |
| 1980 | 2789.5 | 44.59 |
| 1981 | 3128.4 | 43.53 |
| 1982 | 3253.2 | 47.52 |
| 1983 | 3534.6 | 51.81 |
| 1984 | 3933.2 | 52.81 |
| 1985 | 4220.3 | 56.68 |
| 1986 | 4462.8 | 62.39 |
| 1987 | 4739.5 | 64.75 |
| 1988 | 5100.4 | 65.83 |
| 1989 | 5484.4 | 66.67 |
| 1990 | 5803.1 | 70.54 |
| 1991 | 5992.1 | 76.46 |
| 1992 | 6337.7 | 79.53 |
| 1993 | 6667.4 | 81.38 |
| 1994 | 7085.2 | 81.40 |
| 1995 | 7397.7 | 80.89 |
| 1996 | 7816.9 | 80.32 |
| 1997 | 8332.4 | 79.62 |
| 1998 | 8679.66 | 78.46 |
| 1999 | 9201.14 | 76.35 |
| 2000 | 9951.5 | 71.61 |
| 2001 | 10286.2 | 71.57 |
| 2002 | 10398.4 | 74.69 |
| 2003 | 11142.1 | 77.15 |
| 2004 | 11607 | 80.39 |
| 2005 | 12638.4 | 79.27 |
| 2006 | 13090.8 | 81.80 |
| 2007 | 14077.6 | 81.10 |
| 2008 | 14441.4 | 87.52 |
| 2009 | 14237.2 | 103.86 |
| 2010 | 14623.9 | 116.14 |
| 2011 | 15299 | 121.96 |
| 2012 | 16203.3 | 124.67 |
| 2013 | 17182.2 | 126.34 |
| 2014 | 18192.6 | 127.62 |
Hearing on Foreign Holdings of U.S. Debt: Orszag’s Testimony
Davos Annual Meeting 2010 – The US Economic Outlook
Davos Annual Meeting 2010 – Global Economic Outlook
Davos Annual Meeting 2010 – Global Industry Outlook: Finance, Services and Media
Davos Annual Meeting 2010 – Global Industry Outlook: Heavy Industries
Davos Annual Meeting 2010 – Global Energy Outlook
Davos Annual Meeting 2010 – Global Industry Outlook: Health, Consumers, Tech and Travel
Davos Annual Meeting 2010 – Rethinking Market Capitalism
Davos Annual Meeting 2010 – Redesigning Financial Regulation
Davos Open Forum 2010 – After the Financial Crisis: Consequences and Lessons Learned
U.S Debt Clock Real Time
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Yaron Brook–Videos
Thomas DiLorenzo–The Economic Model of the Fascist State–Videos
Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos
David Gordon–Five Best Books on the Current Crisis–Video
David Gordon–The Confused Literature of Globalization–Videos
Friedrich Hayek–Videos
Henry Hazlitt–Economics In One Lesson–Videos
The Great Depression and the Current Recession–Robert Higgs–Videos
Jörg Guido Hülsmann–The Ethics of Money Production–Videos
Jörg Guido Hülsmann–The Life and Work of Ludwig von Mises–Videos
Milton Friedman–Videos
Milton Friedman on Education–Videos
Milton Friedman–Debate In Iceland–Videos
Milton Friedman–Free To Choose–On Donahue –Videos
Israel Kirzner–On Entrepreneurship–Vidoes
Liberal Fascism–Jonah Goldberg–Videos
Ludwig von Mises–Videos
Robert P. Murphy–Videos
The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand
George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos
Murray Rothbard–Videos
Murray Rothbard–Libertarianism–Video
Rothbard On Keynes–Videos
Murray Rothbard– What Has Government Done to Our Money?–Videos
Peter Schiff–Videos
Schiff, Forbers and Bloomberg Nail The Financial Crisis and Recession–Mistakes Were Made–Greed, Arrogance, Stupidity–Three Chinese Curses!
Larry Sechrest–The Anticapitalists: Barbarians at the Gate–Videos
L. William Seidman on The Economic Crisis: Causes and Cures–Videos
Amity Shlaes–Videos
Julian Simon–Videos
Thomas Sowell and Conflict of Visions–Videos
Thomas Sowell On The Housing Boom and Bust–Videos
Peter Thiel–Videos
Thomas E. Woods, Jr.–Videos
Thomas E. Woods–The Economic Crisis and The Federal Reserve–Videos
Tom Woods–Lectures On Liberty–Videos
Tom Woods–Smashing Myths and Restoring Sound Money–Videos
Tom Wright On The FairTax–Videos
Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record
Investors
Peter Thiel–Videos
Peter Schiff–Videos
George Soros: Government Interventionist and Global Socialist–Obama’s Puppeter Master–Videos
George Soros: Barack Obama’s Money Man and Agenda Puppeter
Banking And The Federal Reserve System
Keynes Is Dead—-Obama Digging Up Keynes–Free Market Capitalism Lives
Thomas E. Woods–The Economic Crisis and The Federal Reserve–Videos
The Coming Inflation and A New Money Supply Backed By Real Estate?–Free Enterprise To The Rescue?
Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record
Banking–Videos
Creature from Jekyll Island: The Federal Reserve System–Videos
The Monopoly Men: The Federal Reserve Bank Cartel–Videos
M3 Money Meteorite Moves–Deep Impact–The Coming Inflation Tidal Wave–Wage and Price Controls Will Signal Radical Socialist Obama’s Failure!
Bailouts and Deficit Spending
The Obama Depression Has Arrived: 15,000,000 to 25,000,000 Unemployed Americans–Stimulus Package and Bailouts A Failure–400,000 Leave Labor Force In July!
The Obama Depression Has Arrived: 15,000,000 to 25,000,000 Unemployed Americans–Stimulus Package and Bailouts A Failure–400,000 Leave Labor Force In July!
Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record
Job Creating Businesses and CIT–Videos
The 12 Trillion–$12,000,000,000,000 Crime of The Century: The Decline and Fall of United States of America By Radical Socialist Spending–Look Before You Leap!
The Financial Crime of The Century: William K. Black On Massive Mortgage Fraud –Videos
Bailed Out Bank Trillion Dollar Derivative Exposure
The Mother of All Bailouts–2 to 3 Trillion Dollars–$2,000,000,000–$3,000,000,000!–Rewarding Greed, Arrogance and Stupidity–Pay for Play!
Federal Government Extortion Of Sound Banks–You Decide?–Take This TARP and Shove It!
Boycott Bailedout Businesses and Banks
Ban Bailouts–Stop Inflation Now (SIN)–Stop Socialism of Losses!
The United States is Broke!–Chapter 11 Bankruptcy Time For GM and Ford Is Now!
The Sovereign Wealth Fund Threat: Are Chinese Communists Behind Rush In Passing Bailout Bill?
Pelosi’s Porky Pigout Poison Package–Economy Wrecker and Job Destroyer–Have A Blue Christmas 2009!
Depressions and Recessions
Food Stamps Hit Record Of 38,200,000 Americans Needing Assistance–Everbody Hates Food Stamps–Until You and Your Children Are Hungry
President Barack Obama’s Role Model–President Franklin D. Roosevelt–The Worse President For The U.S. and World Economies and The American People–With The Same Results–High Unemployment Rates–Over 25 Million American Citizens Seeking Full Time Jobs Today–Worse Than The Over 13 Million Seeking Jobs During The Worse of The Great Depression!
The Great Depression and the Current Recession–Robert Higgs–Videos
Official Unemployment Rate Hits 10.2%–15,700,000 Unemployed American Citizens–Real Unemployment Rate Hits 17.5%– 26,950,000 Americans Seeking Full Time Jobs–Obama Depression Worse Than Great Depression
The Great Depression–Videos
The Obama Depression Continues–Official Unemployment Hits Rate 9.8% (15,142,000 Seek Full Time Job) and Real Unemployment Rate Hits 17.0% (26,181,000 Seek Full Time Job)!
The Obama Depression Has Arrived: 15,000,000 to 25,000,000 Unemployed Americans–Stimulus Package and Bailouts A Failure–400,000 Leave Labor Force In July!
Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record
The Big Economic Picture–Some Perspectives–Videos
United States Economic Depressions–The Good, The Bad, and The Ugly–Obama’s Depression–Over 15,000,000 Americans Seek Full Time Job!
The Triumph of Capitalism and The Power of Consumer Sovereignty Over Massive Government Failure–Bankruptcy of General Motors–Now Government Motors!
BO’s Raw Deal: Obama’s Two Year Recession and Two Year Hyperinflation–Hopeless & Small Change!
It Is Official–The U.S. Economy Has Been In A Recession for 11 Months and Continuing!
Recession–Recession–Recession–Scaring People–Have A Hot Dog!
Rush Limbaugh: Obama is Destroying the Economy!–Videos
Read Full Post | Make a Comment ( 1 so far )United States Department Of Labor
Saddling Posterity with Debt
“We believe–or we act as if we believed–that although an individual father cannot alienate the labor of his son, the aggregate body of fathers may alienate the labor of all their sons, of their posterity, in the aggregate, and oblige them to pay for all the enterprises, just or unjust, profitable or ruinous, into which our vices, our passions or our personal interests may lead us. But I trust that this proposition needs only to be looked at by an American to be seen in its true point of view, and that we shall all consider ourselves unauthorized to saddle posterity with our debts, and morally bound to pay them ourselves; and consequently within what may be deemed the period of a generation, or the life of the majority.”
~Thomas Jefferson to John Wayles Eppes, 1813
US Debt Clock
United States Department of Labor
United States Department of Labor
http://www.whitehouse.gov/omb/budget/fy2010/assets/lab.pdf
Bureau of Labor Statistics
History of Department of Labor
http://www.dol.gov/oasam/programs/history/main.htm
“…Department of Labor
The Department of Labor oversees federal programs for ensuring a strong American workforce. These programs address job training, safe working conditions, minimum hourly wage and overtime pay, employment discrimination, and unemployment insurance.
The Department of Labor’s mission is to foster and promote the welfare of the job seekers, wage earners, and retirees of the United States by improving their working conditions, advancing their opportunities for profitable employment, protecting their retirement and health care benefits, helping employers find workers, strengthening free collective bargaining, and tracking changes in employment, prices, and other national economic measurements.
Offices within the Department of Labor include the Bureau of Labor Statistics, the federal government’s principal statistics agency for labor economics, and the Occupational Safety & Health Administration, which promotes the safety and health of America’s working men and women.
The Secretary of Labor oversees 15,000 employees on a budget of approximately $50 billion. …”
http://www.whitehouse.gov/our-government/executive-branch
Department of Labor – $13.3billion+$4.8billion from the Recovery Act
The 2010 budget for the Department of Labor focuses on modernization and reform on the Unemployment Insurance system, building green jobs and the improvement on American working conditions.
Highlights from the 2010 Department of Labor Budget
Improve Unemployment Insurance System
- Reduce improper payments and employer tax evasion by more than $4 billion over the next 10 years through modernization of system – no monetary value given
Increase labor standards
- Increase funding for OSHA – no monetary value given
- Increase funding for Office of Federal Contract Compliance Programs – no monetary value given
- Increase funding for the Wage and Hour Division – no monetary value given
http://www.onlineforextrading.com/blog/federal-budget-broken-down/
United States Department of Labor
“…The United States Department of Labor is a Cabinet department of the United States government responsible for occupational safety, wage and hour standards, unemployment insurance benefits, re-employment services, and some economic statistics. Many U.S. states also have such departments. The department is headed by the United States Secretary of Labor. Hilda Solis is the current secretary of labor. Seth Harris is the current Deputy Secretary of Labor.
The Frances Perkins Building, the Department of Labor headquarters in Washington, D.C.
The Department of Labor (DOL) fosters and promotes the welfare of the job seekers, wage earners, and retirees of the United States by improving their working conditions, advancing their opportunities for profitable employment, protecting their retirement and health care benefits, helping employers find workers, strengthening free collective bargaining, and tracking changes in employment, prices, and other national economic measurements. In carrying out this mission, the Department administers a variety of Federal labor laws including those that guarantee workers’ rights to safe and healthful working conditions; a minimum hourly wage and overtime pay; freedom from employment discrimination; unemployment insurance; and other income support. The department is housed in the Frances Perkins Building, which gained its name in 1980 when President Jimmy Carter renamed the facility in honor of Frances Perkins, the Secretary of Labor from 1933–1945 and the first female cabinet secretary in U.S. history.[1]
The U.S. Congress first established a Bureau of Labor in 1888 under the Department of the Interior. Later, the Bureau of Labor became an independent Department of Labor but lacked executive rank. It became a bureau again within the Department of Commerce and Labor, which was established February 15, 1903. President William Howard Taft signed the March 4, 1913 bill establishing the Department of Labor as a Cabinet-level Department.
President Lyndon Johnson asked Congress to consider the idea of reuniting Commerce and Labor.[citation needed] He argued that the two departments had similar goals and that they would have more efficient channels of communication in a single department. However, Congress never acted on it.
In the 1970s, following the Civil Rights Movement, the Labor Department under Secretary George P. Shultz was instrumental in promoting racial diversity in unions.[2]
http://en.wikipedia.org/wiki/United_States_Department_of_Labor
Background Articles and Videos
President Obama Personnel Alert: U.S. Secretary of Labor Hilda Solis
Related Posts On Pronk Palisades
United States Department of Agriculture
United States Department of Commerce
United States Department of Defense
United States Department of Education
United States Department of Energy
United States Department of Health and Human Resources
United States Department of Homeland Security
United States Department of Housing and Urban Development
United States Department of Interior
United States Department of Justice
United States Department of Labor
United States Department of State
United States Department of Transportation
United States Department of The Treasury
United States Department of Veteran Affairs
United States Office of Management and Budget
United States Office of Personnel Management
United States Social Security Administration
Read Full Post | Make a Comment ( None so far )Unions At The White House–Dividing Up The Pie–Sticking It To The American Taxpayer!
Glenn Beck Show – January 12, 2009 – Pt 1 of 7
Glenn Beck Show – January 12, 2009 – Pt 2 of 7
Glenn Beck Show – January 12, 2009 – Pt 3 of 7
Glenn Beck Show – January 12, 2009 – Pt 4 of 7
Glenn Beck Show – January 12, 2009 – Pt 5 of 7
Glenn Beck Show – January 12, 2009 – Pt 6 of 7
Glenn Beck Show – January 12, 2009 – Pt 7 of 7
Background Articles and Videos
Summary of Latest Federal Individual Income Tax Data
by Gerald Prante
Fiscal Fact No. 183
“…The Internal Revenue Service has released new data on individual income taxes, reporting on calendar year 2007, a year in which the economy remained healthy and continued to grow. Individual income tax collections increased substantially that year, while the overall average effective tax rate remained about the same.
In 2007, the top 1 percent of tax returns paid 40.4 percent of all federal individual income taxes and earned 22.8 percent of adjusted gross income. Both of those figures—share of income and share of taxes paid—are significantly higher than they were in 2004 when the top 1 percent earned 19 percent of adjusted gross income (AGI) and paid 36.9 percent of federal individual income taxes.
The 2007 numbers show that the top 1 percent’s income and tax shares reached all-time highs for the third year in a row. That is likely to reverse direction when data from recessionary 2008 is published a year from now. …”
Table 1
Summary of Federal Individual Income Tax Data, 2007
(Updated July 2009)
| Number of Returns with Positive AGI | AGI ($ millions) |
Income Taxes Paid ($ millions) |
Group’s Share of Total AGI | Group’s Share of Income Taxes | Income Split Point | Average Tax Rate | |
| All Taxpayers | 141,070,971 | $8,798,500 | $1,115,504 | 100% | 100% | – | 12.68% |
| Top 1% | 1,410,710 | $2,008,259 | $450,926 | 22.83% | 40.42% | > $410,096 | 22.45% |
| Top 2-5% | 5,642,839 | $1,286,283 | $225,367 | 14.62% | 20.20% | – | 17.52% |
| Top 5% | 7,053,549 | $3,294,542 | $676,293 | 37.44% | 60.63% | > $160,041 | 20.53% |
| Top 6-10% | 7,053,548 | $933,297 | $118,139 | 10.61% | 10.59% | – | 12.66% |
| Top 10% | 14,107,097 | $4,227,839 | $794,432 | 48.05% | 71.22% | > $113,018 | 18.79% |
| Top 11-25% | 21,160,646 | $1,817,515 | $171,443 | 20.66% | 15.37% | – | 9.43% |
| Top 25% | 35,267,743 | $6,045,354 | $965,875 | 68.71% | 86.59% | > $66,532 | 15.98% |
| Top 26-50% | 35,267,743 | $1,674,859 | $117,368 | 19.04% | 10.52% | – | 7.01% |
| Top 50% | 70,535,486 | $7,720,213 | $1,083,243 | 87.74% | 97.11% | > $32,879 | 14.03% |
| Bottom 50% | 70,535,485 | $1,078,287 | $32,261 | 12.26% | 2.89% | < $32,879 | 2.99% |
| Source: Internal Revenue Service | |||||||
http://www.taxfoundation.org/news/show/250.html
The Top 1% Pays More Income Tax Than the Bottom 95%
“…The Tax Foundation’s Tax Policy Blog: Tax Burden of Top 1% Now Exceeds That of Bottom 95%, by Scott A. Hodge:
Remarkably, the share of the tax burden borne by the top 1% now exceeds the share paid by the bottom 95% of taxpayers combined. In 2007, the bottom 95 percent paid 39.4% of the income tax burden. This is down from the 58% of the total income tax burden they paid twenty years ago. To put this in perspective, the top 1 percent is comprised of just 1.4 million taxpayers and they pay a larger share of the income tax burden now than the bottom 134 million taxpayers combined. …”
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The 12 Trillion–$12,000,000,000,000 Crime of The Century: The Decline and Fall of United States of America By Radical Socialist Spending–Look Before You Leap!
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Boycott Bailedout Businesses and Banks
Ban Bailouts–Stop Inflation Now (SIN)–Stop Socialism of Losses!
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The Sovereign Wealth Fund Threat: Are Chinese Communists Behind Rush In Passing Bailout Bill?
Pelosi’s Porky Pigout Poison Package–Economy Wrecker and Job Destroyer–Have A Blue Christmas 2009!
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Palin Persuasion–Reagan Redux–Palin Platoon Power!
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Sweet Sarah Palin Knocks Out Bitter Barack Obama
Knight of Faith Sarah Palin vs. Knight of Infinity Barack Obama
Slugger McCain Hits a Grand Slam Homerun: Selects Alaskian Governor Sarah Palin as Vice-President Running Mate!
McCain/Romney vs. Obama/Biden: Landslide McCain Wins in November!
Read Full Post | Make a Comment ( None so far )
Andy Stern’s Service Employees International Union–SEIU–Driving Progressive Radical Socialized Medicine And Destroying Free Enterprise and Jobs!
Glenn Beck Show – December 9, 2009 – Pt 1 of 8
Glenn Beck Show – December 9, 2009 – Pt 2 of 8
Glenn Beck Show – December 9, 2009 – Pt 3 of 8
Glenn Beck Show – December 9, 2009 – Pt 4 of 8
Background Articles and Videos
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Glenn Beck Show – December 9, 2009 – Pt 8 of 8
Service Employees International Union
http://www.seiu.org/index.php
Pronk Palisades 
The Great Divider Obama Promotes Class Warfare and Racism: Black Criminal Class Attacks Black Middle Class and Police — Which Sides Are You On Boys? — This Land Is Your Land — Videos
Posted on December 3, 2014. Filed under: American History, Blogroll, Communications, Crime, Crisis, Documentary, Drug Cartels, Economics, Education, Employment, Faith, Family, Federal Government, Fiscal Policy, Fraud, Freedom, Friends, Genocide, government, government spending, history, Homicide, Illegal, Immigration, Law, liberty, Life, Links, media, Music, People, Philosophy, Photos, Politics, Psychology, Radio, Raves, Talk Radio, Technology, Unemployment, Video, Wealth, Welfare, Wisdom, Writing | Tags: 3 December 2014, Activists, Agitators, Alex Jones, America, articles, Audio, Bill Whittle, Black Community, Black Criminal Class, Black Middle Class, Black On Black Crime, Breaking News, Broadcasting, capitalism, Charity, Charles Barkley, Citizenship, Clarity, Class Warfare, Classical Liberalism, Collectivism, Commentary, Commitment, Communicate, Communication, Communists, Concise, Convincing, Cornel West, Courage, Crime, Culture, Current Affairs, Current Events, Darren Wilson, Democratic Party, economic growth, economic policy, Economics, Education, Evil, Experience, Faith, Family, Far Left, Ferguson Looters, Ferguson Missouri, First, fiscal policy, free enterprise, freedom, freedom of speech, Friends, Give It A Listen, God, Good, Goodwill, Grand Jury Verdict, Growth, Hope, Individualism, Knowledge, Left Networks, liberty, Life, Looters, Love, Lovers of Liberty, Lunatic Left, monetary policy, MPEG3, News, Opinions, Organizers, Peace, Pete Seeger, Photos, Podcasts, police, Police Body Cameras, Political Philosophy, Politics, President Barack Obama, Progressives, prosperity, Radio, Raymond Thomas Pronk, Representative Republic, Republic, Resources, Respect, Rioters, rule of law, Rule of Men, Show Notes, Socialist, Talk Radio, The Pronk Pops Show, The Pronk Pops Show 381, The Real Race War, Truth, Tyranny, U.S. Constitution, unions, United States of America, Videos, Virtue, War, Who Side Are You On, Wisdom, Woody Guthrie |
The Pronk Pops Show Podcasts
Pronk Pops Show 381: December 3, 2014
Pronk Pops Show 380: December 1, 2014
Pronk Pops Show 379: November 26, 2014
Pronk Pops Show 378: November 25, 2014
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Pronk Pops Show 376: November 21, 2014
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Pronk Pops Show 374: November 19, 2014
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Pronk Pops Show 371: November 14, 2014
Pronk Pops Show 370: November 13, 2014
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Pronk Pops Show 368: November 11, 2014
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Pronk Pops Show 366: November 7, 2014
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Pronk Pops Show 340: September 30, 2014
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Pronk Pops Show 338: September 26, 2014
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Pronk Pops Show 332: September 18 2014
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Pronk Pops Show 324: September 8, 2014
Pronk Pops Show 323: September 5, 2014
Pronk Pops Show 322: September 4, 2014
Pronk Pops Show 321: September 3, 2014
Story 1: The Great Divider Obama Promotes Class Warfare and Racism: Black Criminal Class Attacks Black Middle Class and Police — Which Sides Are You On Boys? — This Land Is Your Land — Videos
pete seeger which side are you on
Woody Guthrie-This Land Is Your Land
Obama Requests Millions for Police Body Cameras
Black Man Goes on EPIC Rant Against Ferguson Rioters
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Afterburner w/Bill Whittle — Showtime: Evil or Stupid?
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Cornel West: Sharpton Sold Soul for Obama
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Racial Profiling and Police Body Cameras
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Epic Riot Footage From Inside The Battle of Ferguson
[FULL] Ferguson Protest Riots | Ferguson Protest 2014 | Ferguson Looting Riots | VIDEO
Charles Barkley Defends Darren Wilson: Without Cops, Ferguson Would Be ‘Wild, Wild West’
Beckel Trashes Charles Barkley: Hasn’t Seen a Poor Neighborhood in 20 Years!
(EXCLUSIVE) FERGUSON BURNING – Protesters Looting Shops, Burning Police Cars, Little Caesars & More
Ferguson Riots, Protesters Looting Shops, Burning Police Cars, (VIDEO)
The Root of this is Racism: Ferguson Activist Speaks Out on Police Abuses After Meeting Obama
Obama Ordered Standdown Created Ferguson Race Riots
Ferguson Could Ignite Race War
Pete Seeger – Talks about his banjo tutorial and sings ‘Which side are you on’
This Land Is Your Land: Woody and Arlo Guthrie
The final montage of the film “Woody Guthrie: Hard Travelin'”, produced by J. Brown. Audio mixed and overdubbed at Long View Farm in 1984 by Jesse Henderson and John Pilla, now deceased. Video edit and audio restoration by Gil Markle. High-res playback available on studiowner.com.
Included in the video are the images and voices of Woody and Arlo Guthrie, Holly Near, Pete Seeger, Ronnie Gilbert, Judy Collins, Joan Baez, Hoyt Axton, and others.
Woody Guthrie-This Land Is Your Land
JUDY COLLINS, PETE SEEGER – “This Land Is Your Land” with ARLO GUTHRIE & FRED HELLERMAN 1976
Arlo Guthrie & Pete Seeger – This Land Is Your Land
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Listen To Pronk Pops Podcast or Download Shows 55-57
Listen To Pronk Pops Podcast or Download Shows 52-54
Listen To Pronk Pops Podcast or Download Shows 49-51
Listen To Pronk Pops Podcast or Download Shows 45-48
Listen To Pronk Pops Podcast or Download Shows 41-44
Listen To Pronk Pops Podcast or Download Shows 38-40
Listen To Pronk Pops Podcast or Download Shows 34-37
Listen To Pronk Pops Podcast or Download Shows 30-33
Listen To Pronk Pops Podcast or Download Shows 27-29
Listen To Pronk Pops Podcast or Download Shows 17-26
Listen To Pronk Pops Podcast or Download Shows 16-22
Listen To Pronk Pops Podcast or Download Shows 10-15
Listen To Pronk Pops Podcast or Download Shows 01-09
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