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21 Facts That Prove That Dependence On The Government Is Out Of Control In America

Government Dependence Handouts - Public DomainIf you could stay home and watch television, play video games and hang out with your friends all day at government expense, would you do it?  Of course most Americans that collect money from the government each month are not abusing the system.  Many truly are incapable of taking care of themselves, and others are just receiving government benefits (such as Social Security) that they feel that they have earned by a lifetime of hard work.  But with each passing year the number of Americans jumping on board “the safety net” continues to grow rapidly, and a lot of these people should be able to take care of themselves.  Today, the American people collectively receive more money from the government than they pay in taxes.  And remember, the federal government uses our money to build roads, inspect our food and fund the military as well.  So what does this say about our economy?  Could it survive without all of these debt-fueled transfer payments?  And what does this say about our society?  At one time, our nation was known for our Protestant work ethic.  What would our forefathers say about us today?  The following are 21 facts that prove that dependence on the government is out of control in America… (Read More...)

Will Anything Really Change After The Midterm Elections?

Obama, Pelosi, Reid, Boehner, McConnell - Public Domain The more things change, the more things stay the same.  As I write this, it looks like the Republicans are going to take control of the U.S. Senate.  But will that actually alter the direction of the country?  Will that actually change anything?  There are many that hope that this could represent a “turning point” for America, but history tells us that almost certainly will not be the case.  Over the past 30 years, things have changed very little no matter which party has controlled the White House and no matter which party has controlled Congress.  During that time frame, the national debt has continued to explode, our long-term economic problems have continued to get even worse, our liberties and freedoms have continued to erode and our nation has increasingly become a moral cesspool.  And the truth is that at this point there is very little real difference between most Democrats and most Republicans.  The corruption in Washington D.C. runs extremely deep, and very few politicians are able to enter that environment without being fundamentally affected by it. (Read More...)

Not Just The Largest Economy – Here Are 26 Other Ways China Has Surpassed America

China - Public DomainIn terms of purchasing power, China now has the largest economy on the entire planet, but that is not the only area where China has surpassed the United States.  China also accounts for more total global trade than the U.S. does, China consumes more energy than the U.S. does, and China now manufactures more goods than the U.S. does.  In other words, the era of American economic dominance is rapidly ending.  Global economic power is making a dramatic shift to the east, and that is going to have huge implications for our future.  We already owe the Chinese well over a trillion dollars, and as our economic infrastructure crumbles we are feverishly borrowing even more money in a desperate attempt to prop up our falling standard of living.  We can’t seem to match the work ethic, inventiveness and determination of China and other Asian nations and it is showing.  If we continue down this path, what will the future look like for future generations of Americans? (Read More...)

18 Sobering Facts About The Unprecedented Student Loan Debt Crisis In The United States

Student Loan DebtThe student loan debt bubble in America is spiraling out of control, and it is financially crippling an entire generation of young Americans.  At this point, the grand total of student loan debt in the United States has reached a staggering 1.2 trillion dollars, and an all-time record high 40 million Americans are currently paying off student loan debts.  Just when our young people should be planning on buying homes and starting families, they find themselves financially paralyzed by oppressive levels of debt.  What makes all of this even worse is that only some of our college graduates are able to get the “good jobs” that we promised them.  So with limited job prospects and suffocating levels of debt, this generation of young Americans is increasingly putting off major life commitments such as buying a home and getting married.  As a society, we really need to rethink how we are “educating” our young people, because what we are doing now is clearly not working.  The following are 18 sobering facts about the unprecedented student loan debt crisis in the United States… (Read More...)

19 Reasons Why You Can Laugh When Anyone Tells You That The Economy Is In Good Shape

Laughing Woman - Photo by Peter van der SluijsHave you heard the one about the “economic recovery” in the United States?  It’s quite funny, but it is not actually true.  Every day, the establishment media points to the fact that global stock markets have soared to unprecedented heights as evidence that the economy is improving.  But just because a bunch of wealthy people have gotten temporarily even richer on paper does not mean that the real economy is in good shape.  In fact, as you will see below, things just continue to get even tougher for the poor and the middle class.  Retail stores are closing at the fastest pace since the fall of Lehman Brothers, the rate of homeownership in this country is the lowest that it has been in 19 years, one out of every five families do not have a single member that is employed, and one out of every five children is living in poverty.  We are working harder, earning less and going into more debt.  With each passing day, the middle class gets a little bit smaller and the ranks of the poor get a little bit larger.  But at least the stock market is doing great, eh? (Read More...)

Top Adviser To The Chinese Government Calls For A “Global Currency” To Replace The U.S. Dollar

One WorldThe former chief economist at the World Bank, Justin Yifu Lin, is advising the Chinese government that the time has come for a single global currency.  Lin, who is also a professor at Peking University, says that the U.S. dollar “is the root cause of global financial and economic crises” and that moving to a “global super-currency” will bring much needed stability to the global financial system.  And considering how recklessly the Federal Reserve has been pumping money into the global financial system and how recklessly the U.S. government has been going into debt, it is hard to argue with his logic.  Why would anyone want to trust the United States to continue to run things after how badly we have abused our position?  The United States has greatly benefited from having the de facto reserve currency of the planet for the past several decades, but now that era is coming to an end.  In fact, the central bank of China has already announced that it will no longer be stockpiling more U.S. dollars.  The rest of the world is getting tired of playing our game.  Our debt is wildly out of control and we are creating money as if there was no tomorrow.  As the rest of the world starts moving away from the U.S. dollar, global power is going to shift even more to the East, and that is going to have very serious consequences for ordinary Americans. (Read More...)

If He Was Around Today, Thomas Jefferson Would Be Considered A Tea Party Extremist

Thomas JeffersonThomas Jefferson was radically anti-tax, pro-gun and anti-central bank.  He loved precious metals, he openly acknowledged a “Creator” and he wanted to add an amendment to the Constitution which would ban the federal government from going into debt.  If he was around today, he would be considered a “nutjob”, an “extremist”, a “fascist” and even a “potential terrorist“.  But of course Jefferson was none of those things.  Rather, Jefferson was a great thinker, the primary author of the Declaration of Independence and our third President.  Below, I have shared a list of 13 famous Jefferson quotes (13 for the 13 colonies that originally founded America) that show just how far America has fallen away from our founding principles.  I think that most of you will be very shocked when you read this list… (Read More...)

25 Stats That Prove That The American Dream Is Being Systematically Destroyed

The Middle Class Is Being Systematically Wiped Out Of Existence In AmericaThe 25 statistics that you are about to read are solid proof that the middle class in America is being systematically wiped out.  Once upon a time, the United States had the largest and most prosperous middle class in the history of the world.  It seemed like almost everyone owned a home, had a couple of nice vehicles and could provide a very comfortable lifestyle for their families.  Sadly, that has all changed.  In America today, prices are rising at a very brisk pace but incomes are not.  There aren’t nearly enough jobs for everyone anymore, and most of the jobs that are being “created” are jobs that pay very little.  The largest employer in America is Wal-Mart, and the second largest employer is actually a temp agency (Kelly Services).  In a desperate attempt to make ends meet, millions of American families endlessly pile up more debt, and millions of other American families find themselves forced to turn to the government for help.  At this point, more than 49 percent of all Americans receive benefits from the federal government each month.  The percentage of Americans that cannot financially take care of themselves is rising every single year, and our independence is being whittled away as we become increasingly dependent on the government.  Unfortunately, our politicians continue to stand aside and do nothing as our jobs are shipped overseas, inflation steals our purchasing power and the middle class continues to shrink.  The following are 25 stats that prove that the American Dream is being systematically destroyed… (Read More...)

Uh Oh: 47 Million Food Stamp Recipients Are Having Their Benefits Cut Back On November 1st

Crying Girl - Photo by D Sharon Pruitt47.6 million Americans are about to have their food stamp benefits cut, and most of them have absolutely no idea that it is about to happen.  Needless to say, a lot of them are going to be very angry when they discover that they cannot buy as much food for their families anymore.  The reason that this is happening is because a temporary boost to food stamp benefits that was put in during the last recession is expiring.  But most of the people that are having their benefits cut will not understand this.  Most of them will just be very upset that the government is “taking money away” from them.  And considering the “mini-riots” that we witnessed earlier this month when the system that processes food stamp payments went down for a few hours, it is obvious that a lot of food stamp recipients can very easily be pushed over the edge.  So what would happen if we have another “debt ceiling crisis” in Washington D.C. early next year and food stamp benefits are temporarily cut off completely? (Read More...)

20 Examples Of How America Is Rapidly Going Down The Toilet

Toilet - Photo by Tenzinx3Deep corruption is eating away at every level of American society like cancer.  We can see this in our families, we can see this in our businesses, and we can especially see this in our government.  We have the highest rate of divorce in the world, we have the highest rate of teen pregnancy in the world, we have the highest rate of obesity in world, and nobody has higher rates of cancer, heart disease and diabetes than we do.  The suicide rate is soaring and our economy is falling apart.  Meanwhile, our politicians seem absolutely clueless and we have piled up the biggest mountain of debt that the world has ever seen.  Has America ever been in such bad shape before?  The following are 20 examples of how America is rapidly going down the toilet… (Read More...)