14 Reasons Why The U.S. Government Will Never Have A Balanced Budget Ever Again

The United States government will never have another balanced budget again.  Yes, you read that correctly.  U.S. government finances have now reached a critical “tipping point” and things are going to spin wildly out of control from this time forward.  Why?  Spending on entitlement programs and interest on the national debt are now accelerating at exponential rates.  Some time around 2020 they will eat up every single dollar of federal revenue that is brought in before a penny is spent on anything else.  Of course the solution to all of this would be to radically cut entitlement programs, but no U.S. politician in his or her right mind would do that.  After all, do you think elderly people (who vote in droves by the way) would vote for you after you just cut their Social Security checks in half?  That is not the way the world works.  You see, democracies always get into trouble once the people realize that they can vote for the candidates that promise them the largest gifts out of the public treasury.  That is where the United States is at now.  Over 100 million Americans now receive direct payments from the United States government.  For millions of Americans, the American Dream now means getting a government check and kicking back and enjoying life.  We have become a nation that is chock full of people that can’t take care of themselves and that are totally dependent on the monolithic nanny state that the U.S. government has created. (Read More...)

Benzene And Hydrogen Sulfide: The Real Dangers From The Gulf Of Mexico Oil Spill?

While most of the attention so far has been on the millions of gallons of oil that have escaped from the damaged BP rig in the Gulf of Mexico, many environmentalists are now wondering if the real danger to humans from this whole crisis may be the massive amounts of benzene and hydrogen sulfide that are escaping into the air.  Hydrogen sulfide is a chemical asphyxiant, similar to carbon monoxide and cyanide gases.  It causes “biochemical suffocation” by inhibiting cellular respiration and the uptake of oxygen.  Benzene is a highly carcinogenic gas that can cause death if inhaled at high enough concentrations.  Not only that, benzene has been shown to cause leukemia in all its forms.  High levels of both gases have been detected at testing stations in the Gulf of Mexico.  In addition, it is being reported that many fishermen in the Gulf that have been assisting with cleanup efforts have been getting seriously ill from breathing that air.  There have been reports of symptoms including headaches, nausea, dizziness, burning eyes, coughing, sore throats, and stuffy sinuses.  So as this oil spill continues and even more of these gases are released, are people across the southeast United States about to start breathing air that is filled with highly toxic gases?  Are we about to see the American Dream turned into a total nightmare for tens of millions of Americans?  What some scientists are now telling us about the release of these gases is truly frightening. (Read More...)

Yes, They Really Do Want To Reduce The Population – 22 Shocking Population Control Quotes From The Global Elite That Will Make You Want To Lose Your Lunch

Most Americans have absolutely no idea, but a very dark philosophy is spreading like wildfire among the global elite.  This philosophy is an obsessive belief that humanity has become a cancer that is destroying the earth.  There are now large numbers of global leaders that are convinced that the exploding population of the world has become like a virus or a plague, and that it must be combated as such.  In fact, it would be very difficult to understate just how obsessed many members of the global elite are with population control.  The United Nations puts out position papers about it, universities have entire courses dedicated to it, radical population control advocates have been appointed to some of the highest political positions in the world, and some of the wealthiest people on the planet get together just to talk about it.  Those who believe in this philosophy are constantly talking about the need for “increased access” to abortion, contraception and other “family planning” services.  But even with all of their efforts, the population of the world is still expanding and those who believe in this population control philosophy are getting nervous. (Read More...)

Why Is U.S. Government Spending So Wildly Out Of Control?

As the world watches in horror as the financial nightmares in Greece, Spain and Portugal unfold, most Americans are oblivious to the fact that a great day of financial reckoning is soon coming to the United States as well.  The truth is that the United States is not “the richest nation in the world” anymore.  What the United States actually has become is the biggest debtor in the history of the planet.  In our lust for the “good life” and the American Dream we have spent ourselves into a financial black hole from which there is no escape.  U.S. government spending has been wildly out of control for decades, but over recent months Obama, Pelosi, Reid and their cohorts have taken things to an entirely new level.  Certainly it cannot be denied that the Bush administration badly mismanaged America’s national finances, but budget deficits during his administration were generally in the three to five hundred billion dollar range. (Read More...)

20 Quotes About The Economic Collapse In Europe That Will Make Your Hair Stand On End

Most Americans have been paying very little attention to it, but right now Europe is desperately fighting to avoid a complete financial and economic collapse.  As the euro continues to fall precipitously, European leaders are openly declaring that this is the biggest financial crisis that Europe has experienced since at least World War II.  So exactly what is causing all this?  Well, just like the United States, countries throughout Europe responded to the economic crisis of the last several years by spending a ton of money.  The problem is that quite a few of these European nations got into debt way over their heads.  In particular, Greece, Spain, Portugal, Ireland and Italy are literally drowning in debt.  There is a very real possibility that several of them may soon default on their debts.  If that happens it could set off a financial shockwave that could encircle the entire world.  Because of the interconnectedness of the global economy, a financial meltdown in Europe would have a dramatic impact on the U.S. economy.  In fact, the continued ability of millions of Americans to enjoy the American Dream is dependent on events that are currently playing out in Europe.  Most Americans completely do not understand this, but it doesn’t make it any less true.  If Europe’s economy goes down hard, the already very fragile U.S. economy will be crushed as well. (Read More...)

How Does Any American Family Make It On Less Than $50,000 A Year?

A rapidly increasing number of American families are finding it really, really hard to make ends meet each month.  The price of food, gas, health insurance and other basic necessities has continued to escalate, but wages have not followed suit.  So more Americans are finding themselves squeezed financially at the end of every month.  Instead of having extra money with which to enjoy the American Dream, millions of families are now experiencing the American Nightmare of working too hard but never having quite enough.  But what can be done?  Certainly we can all cut back on unnecessary expenditures, but there are some expenses that just cannot be eliminated entirely.  We all have to eat, we all have to drive to work and we all have to pay the rent.  In fact, it is very hard to imagine any American family making it on less than $50,000 a year.  Of course millions of American families are making it on far less than that,  but it isn’t easy.  The truth is that $50,000 doesn’t go nearly as far as it used to. (Read More...)

Banking System Collapse: Wake Up America Your Banks Are Dying

U.S. banks are being shut down by federal regulators at a staggering pace this year, and yet most Americans seem completely oblivious to it.  In fact, federal officials have already shut down 81 U.S. banks this year, which is about double the number that were shut down at this time last year.  So why aren’t more people upset about this?  Well, part of the reason is because the FDIC is doing it very, very quietly.  The bank closings for each week are announced every Friday, which means that they pass through the news cycle over the weekend almost unnoticed.  For example, banks in Nebraska, Mississippi and Illinois with total deposits of almost $2.3 billion were shut down by federal regulators on Friday.  So did you hear about it before now?  If not, why not?  Shouldn’t the fact that we are experiencing a banking system collapse be headline news?  But most Americans are more than happy to remain blissfully ignorant of what is going on.  In fact, most Americans seem far more interested in what is happening on American Idol or Dancing With The Stars.  But when the American Dream starts dying for tens of millions of Americans as the economy collapses perhaps more people will start to care. (Read More...)

Guess What America? Your Cities And States Are Flat Broke

Now that the economic boom times of the earlier part of the decade are over, cities and states across America are going bust.  In fact, for a growing number of local governments throughout the United States, there is no getting around the fact that “flat broke” accurately describes the situation that they are facing.  For many of these cities and states that are on the verge of bankruptcy, the American Dream is quickly turning into the American Nightmare.  Unlike the federal government, which can ask the Federal Reserve to print up some more money when they get into trouble, state and local governments have nowhere to go when the well runs dry.  They either have to raise taxes or cut spending.  But in many areas of the country, services have already been cut to the bone and people are already being taxed into oblivion.  So what can be done?  Well, many of these state and local governments are just going to have to cut spending even deeper, squeeze even more taxes out of their residents, or go to the federal government for a handout.        (Read More...)

50 Statistics About The U.S. Economy That Are Almost Too Crazy To Believe

Most Americans know that the U.S. economy is in bad shape, but what most Americans don’t know is how truly desperate the financial situation of the United States really is.  The truth is that what we are experiencing is not simply a “downturn” or a “recession”.  What we are witnessing is the beginning of the end for the greatest economic machine that the world has ever seen.  Our greed and our debt are literally eating our economy alive.  Total government, corporate and personal debt has now reached 360 percent of GDP, which is far higher than it ever reached during the Great Depression era.  We have nearly totally dismantled our once colossal manufacturing base, we have shipped millions upon millions of middle class jobs overseas, we have lived far beyond our means for decades and we have created the biggest debt bubble in the history of the world.  A great day of financial reckoning is fast approaching, and the vast majority of Americans are totally oblivious. (Read More...)