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 Yes, most Americans realize that the economy is not doing well right now, but most of them also believe that this is just a "temporary" downturn. The mainstream media tells us over and over that a "recovery" has either already begun or that one is right around the corner. Sadly, the truth is that the U.S. economy is in much worse shape than most Americans think. Yes, there will be economic "peaks and valleys" as we move along, but it is absolutely imperative that all of us understand that we are in the middle of a long-term economic decline that has been caused by decades of horrendous decisions. Thousands of businesses and millions of jobs have left the country and they aren't coming back. Last year, 23 manufacturing facilities a day were shut down in the United States and we have lost more than 56,000 manufacturing facilities since 2001. Without enough good jobs to go around, millions of American families have lost their homes and millions of American families have been pushed into poverty. Less good jobs also means that there are less people to pay the taxes we need to keep government services going. Government debt at the local, state and federal levels has exploded as the tax base has dwindled. We have become a nation that is very good at consuming wealth but that is not very good at creating wealth. Just "tweaking" a couple of things here or there is not going to get our economy back "on track". We need fundamental changes to the way that we are doing things, and there are currently no signs that this kind of change is going to happen any time soon. (Read More.....)
 Barack Obama has revealed his tax plan and it is a doozy. It would raise taxes by 1.5 trillion dollars over the next decade. Most of these tax increases would hit the wealthy, and Obama keeps insisting that it is time for them "to pay their fair share". Of course Obama knows that the Republicans will never go for this. You see, what is going on is that Obama is laying a trap. First, he laid out a 447 billion dollar "jobs plan" that contained all kinds of goodies for the poor and the middle class. Now he has introduced a massive tax plan which specifically targets millionaires in order to pay for it. The Republicans are falling right into the trap, because instead of introducing fundamental reforms to our tax system, the Republicans have chosen to defend the status quo. Right now our current tax system allows big corporations and the ultra-wealthy to get away with bloody murder, and the Republicans have put themselves into the position of having to defend that. This is exactly what Barack Obama wants. Obama is plotting to use class warfare as a tool to divide Americans and win the 2012 election. There is no way in the world that his current plan is going to get through Congress. What he is doing now is "setting the table" for the 2012 campaign season. (Read More.....)
 Supporters of Texas Governor Rick Perry are not going to like this article at all. Right now, Republicans all over the United States are touting Rick Perry as the "Republican messiah" that is going to come charging in to save America from the presidency of Barack Obama. Many believe that if Rick Perry enters the race, he will instantly become the frontrunner for the Republican presidential nomination in 2012. Perry certainly looks the part and he knows how to give a good speech, but when ordinary Americans all over the country take a hard look at his record, they may not like what they see. The truth is that Rick Perry is a big-time globalist, he has raised taxes and fees in Texas numerous times, he has massively increased the size of government spending and government debt in Texas, he has been trying to ram the Trans-Texas Corridor down the throats of the Texas people and he tried to force young women all over Texas to be injected with the Gardasil vaccine. No, Rick Perry is not going to save America. In fact, he would likely be very, very similar to both Bush and Obama in a lot of ways. (Read More.....)
 Do you know what a trial balloon is? It is when politicians will float an idea in the media to see what the reaction of the public will be. Well, right now one trial balloon that is being floated is the idea that we should tax Americans for the number of miles that they drive. This proposal showed up in a draft bill that was being circulated within the U.S. Department of Transportation and the Office of Management and Budget. You can view a copy of this draft bill here. Of course the Obama administration is denying that this proposal will be in the final draft of the legislation. The Obama administration is stressing that this was just "a draft" of the bill. But this is what happens very often with trial balloons. They are put out there and the politicians will say things like "this is being studied" or "this isn't a serious proposal yet" and then one day we all wake up and it is suddenly being implemented. The fact that there is even draft legislation that would tax Americans based on the number of miles that they drive should be incredibly sobering for all of us. If the global warming alarmists have their way, there are going to be lots of these kinds of taxes in our future. (Read More.....)
 Class warfare in the United States is heating up again. As the overall economic pie shrinks, the poor are being taught to go after the rich and the rich are being taught that the poor are a threat. Lately, the calls to "tax the rich" have grown louder than ever. As thousands more American families fall into poverty every single day, and as U.S. government debt continues to soar, many are touting higher taxes on the wealthy as the solution to all of our problems. But is that what we really want to do? Will it actually solve our economic and financial problems as a nation? If you don't have much money, it can sound very appealing when politicians say that they want to "tax the rich". But unfortunately, things are just not that simple. (Read More.....)
 As the rest of us fill out our federal tax returns this year, we can all take great comfort in the fact that many of the largest corporations in the United States are not paying any federal taxes at all. Over the past couple of decades, multinational corporations have become incredibly skilled at avoiding taxes. It has become routine for big companies to shift profitable operations to divisions in other countries where tax rates are lower. It has also become routine for big companies to set up "sham headquarters" in tax havens around the world. Many U.S. corporations have even renounced their status as American companies in order to avoid paying taxes. All of this has had a dramatic impact on the income of the federal government. Corporate taxes now account for less than 7 percent of all federal revenue. Back in the 1950s they accounted for about 30 percent of all federal revenue. Meanwhile, the 35 percent corporate tax rate in the United States is chasing companies (and the accompanying good jobs) out of the United States at a blinding pace. In a world where big corporations will go to any lengths to "game the system", this is absolutely devastating our economy. (Read More.....)
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14 Reasons Why Rick Perry Would Be A Really, Really Bad President