15 Statistics Which Prove That The U.S. Economy Is In Much Worse Shape Than Most Americans Think

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...)

The Obama Tax Plan: Is Barack Obama Plotting To Use Class Warfare As A Tool To Win The 2012 Election?

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...)

Barack Obama’s Plan To Tax Americans For The Number Of Miles That They Drive Is Part Of The Radical Green Agenda Being Shoved Down The Throats Of The Entire World

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...)

Tax The Rich? 14 Facts You May Want To Consider

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...)

12 Reasons Why Ron Paul Is Very Different From Most Of The Other Contenders For The Republican Presidential Nomination In 2012

Even though most of the potential contenders for the Republican presidential nomination in 2012 have not formally announced their intentions yet, the truth is that the race has already begun.  Just look at all of the Republican politicians that have scheduled visits to Iowa.  Potential candidates are gearing up their campaigns and it should be one of the most interesting primary seasons in ages.  But is there anyone in the field that is really that much different from George W. Bush and John McCain?  Is there anyone that is not just going to trot out the same tired old ideas?  Is there anyone that would actually do something substantial about government debt?  Is there anyone that actually wants to shut down the Federal Reserve?  Is there anyone that would actually work to restore our civil liberties?  Well, the truth is that most of the potential Republican candidates are virtual clones of George W. Bush and John McCain.  There are very few in the field that offer any hope whatsoever.  But there is one man that does stand out as being very different.  His name is Ron Paul. (Read More...)

4 Ways Barack Obama And The Federal Reserve Are Destroying Our Long-Term Economic Future For Their Short-Term Gain

Many people have been stumped as they have attempted to find a coherent theme in Barack Obama’s economic policies.  But the truth is that what the Obama administration is trying to do is not that difficult to figure out.  Just like so many other previous administrations, the Obama administration is motivated by self-preservation.  All of Barack Obama’s economic policies are designed to produce a short-term economic burst that will help him win the next election in 2012, and the Federal Reserve has been cooperating every step of the way.  Perhaps the Federal Reserve is motivated by self-preservation as well.  The American people are becoming extremely disenfranchised with the Federal Reserve, and so those inside the Fed likely realize that they better get the economy on track or face even more scrutiny.  In any event, Obama and the Fed are working together to do whatever they can to improve the short-term economic situation.  Unfortunately, everything that they are doing is making our long-term economic problems even worse.  But Barack Obama and the Federal Reserve are not really concerned with what is going to happen down the road.  What the Obama administration and the Federal Reserve are concerned about is protecting their rear ends in the here and now. (Read More...)

Here They Come For Your Money – Dozens Of States Are Raising Taxes In 2011

You didn’t think that state governments would rack up all of this debt without eventually coming after your money, did you?  In 2011, dozens of U.S. states are either implementing tax increases that have already been passed or are debating new tax increases that have recently been proposed.  In most states, the actual state income tax is not being raised.  State politicians have learned that voters really tend to get angry when that happens.  Rather, our politicians on the state level are looking for taxes and fees that won’t be “noticed” that they can raise.  For example, cigarette taxes, alcohol taxes, gas taxes, carbonated beverage taxes and phone taxes get raised a lot because the voters do not pay them directly to the government and typically they do not get noticed as much.  Another huge area where state politicians love to raise money is through various “fees”.  For instance, millions of Americans have noticed that car registration fees and license fees have absolutely soared in recent years.  Instead of our politicians coming at us with one big, huge tax increase that we would surely notice, they are hitting us with dozens of smaller tax hikes and fee increases that they are hoping we will not get upset about.  The truth is that the average American pays literally dozens of different kinds of taxes each year, and it still isn’t nearly enough to cover the horrific debts that our politicians have piled up. (Read More...)