Tuesday, March 30, 2010

The World Today and Bible Prophecy....Episode 1 - Will War Kill Us All?

I used to be a devout Christian and have done a lot of research and reading on the book of Revelation and the end times throughout my life.  As a matter of fact, that used to be one of my favorite subjects and something I focused a lot of my Bible reading on.  What actually ruined it for me were those who wrote the type of books I describe that made predictions by date on when and how thing would progress and when they would happen.  Being that I have read a good majority of the Bible and several of these books, I am aware of Matthew 24:36 "But of that day and hour knoweth no man, no, not the angels of heaven, but my Father only."  When it came to the authors or "Biblical Scholars" predicting when these things would happen, they discredited themselves and almost all of them that are well known have done it.  These people claim to be "Bible Scholars" and if this is true, they should know Matthew 24:36 and what it means.  From Jack Van Impe to Hal Lindsey to Gregg Jeffery and many more.  

What I do notice is most of the things that are happening in our world today are actually predicted in the Bible in some sense.  Now I understand that a lot can be left to interpretation and determining if what is written in the Bible is literal or symbolic, you can't deny the obvious.  This post will be the beginning of a series dedicated to identifying current world issues that correspond with Bible prophecy to help validate or at least get some thinking about what is really going on.

Wars on an Epic Scale:

Revelation 6:3-4: When the Lamb opened the second seal, I heard the second living creature say, "Come!" Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other. To him was given a large sword.

Mark 13:8: For nation shall rise against nation, and kingdom against kingdom.

Now I know that our history has been filled with wars and human suffering because of them but I don't believe there has ever been a time in history that the talk of war is more rampant and discussed daily.  America is engaged in two wars currently with more on the horizon (Iran and North Korea) engaging in nation building and extending our Empire.  The Middle East is nothing more than a war awaiting just the right spark and as our ties and communications with Russia and China continue to deteriorate, how long before we are militarily opposed by those two super powers?  I would say not long as some accounts I read recently insist that we are currently surrounding both China and Russia in a circular pattern with our missile defense systems.  There is military tension between the US and China concerning our decision to provide both military equipment and assistance to Taiwan.  In addition, in a recent post it was determined that we are currently moving munitions and bombs closer to Iran in what seems to be a preparation to possibly attack that country as well.  Israel is contemplating a preemptive strike against Iran to destroy their nuclear capabilities with the assistance of the USA.  Wars between Israel and the Palestinians are ongoing and have been for years.  Russia is aggressively trying to put the USSR back together by military force on its neighbors.  And last but not least, you have the "war on terror" that seems to be bringing more and more countries to the brink.

Revelation 16:12: The sixth angel poured out his bowl on the great river Euphrates, and its water was dried up to prepare the way for the kings from the East.

As China continues to grow in size and stature in the world, one could only surmise that the above verse is describing that country.  Throw in North Korea and maybe India and you get the point.  The kings of the east will be a force to be reckoned with.  China's economy will one day surpass that of the good ole USA and Europe and as their population grows and resources of the world grow more and more scarce, you can only imagine the option that will be left available.  Depending on who you believe, we have already reached peak oil.  Famine and drought are rampant throughout China and neighboring areas even though they boast one of the worlds largest economies.  Will there be a flash point over resources in the future that will cause China's Red Army to march West in search of the resources needed to take care of its population or for land to house that same population?  I cannot claim to know if things will happen as stated in any number of End Times books but this seems like the most viable scenario.  The desperation of governments around the world to provide the basic necessities for their people will force wars on this planet like none that have ever been seen and they will continue to grow in frequency and consistency.

Again, I am not a practicing Christian by any means but I am a believer in both God and the Bible.  The thing is, all you have to do is read the book and look at today's current affairs and draw your own conclusion.  Whether you think the Bible is a good book of fiction and fairy tales or the literal word of God, common sense should tell you that something just seems odd about what was written and how it is mirroring the world today.

Coming Soon:
Episode 2 - If Earth Doesn't Kill us First

Forcing Us to Buy?

If Nobama and our beloved corrupt government can force us to buy health care, what else can they force us to buy?  Can they force us to buy certain foods or things for our children by simply passing legislation and making it law.  Yet another example of how we need change in this country!!

Friday, March 26, 2010

Congressman John Dingell Let's Our Goverenments Cat Out of the Bag!

With the health care bill signed into law (at least for now), a Congressman from Michigan explained exactly what it was about.  Was this a slip of the tongue or at last some truth of what our governments agenda really is.  Listen to what this guy says.....

Control the people? Really? How could you be any more blatant than that. I invite them to even attempt to control me. It won't turn out like they plan!

Video: The Coming Dollar Collapse

Will you be ready for this? Don't be caught with your head in the sand....prepare now for the coming dollar collapse. This is a very informative video explaining exactly what is coming.

Bush Wipes his Hand on Clinton While Visiting Haiti....Classic

Are you kidding me. What a tool!!!

Thursday, March 25, 2010

Democrats Fear Violence for Passing Health Care Reform

Why shouldn't they?  As more people wake up to the fact that our government is systematically erasing our freedoms and rights, you will begin to see more and more stories like this.  I think violence will be the only language that these so-called leaders will understand.  People are getting tired of the BS that comes out of Washington daily.

Another question I have is, why did Congress think it would be OK to pass a health care overhaul law that they themselves are not obligated to participate in?  Why did our fearless leaders choose to exempt themselves from having to follow the same rules/laws they expect us to follow?  The fear they have is justified and should grow as more people in this country say enough is enough!

Read the full story here... 

Wednesday, March 24, 2010

What's That You Said Mr. President.....No New Taxes on the Middle Class?

So exactly how many campaign promises do you actually plan on keeping you waste of space President?  Not only is Nobama raising taxes on the middle class to help pay for socialized medicine....he will in turn tax drug companies and equipment makers and they will in turn raise prices costing Americans even more money.  How about these taxes:

Excise Tax on Uninsured Individuals – Individuals who fail to maintain minimum essential coverage will be subject to a penalty equal to $750. The fee for an uninsured individual under age 18 is one-half of the adult fee.
Excise Tax on High-Cost Employer Plans – The federal government would impose a 40% tax on the value of employer-sponsored health coverage exceeding certain thresholds. Those levels are projected to be $8,500 for self only and $23,000 for any other level by the year 2013. This excise was announced with fanfare by the White House and labor unions in January and remains in the final bill.
Increase in additional tax on distributions from Health Savings Accounts and Archer Medical Savings Accounts not used for qualified medical expenses – An increase from 10% to 20% on taxes of money in a health savings account not used for qualified medical expenses. For Archer medical savings accounts, an increase from 15% to 20%.
Additional Hospital Insurance Tax on High-Income Taxpayers – High income tax payers, making on a joint return over $250,000 and a standard return over $200,000, are required to pay an additional 0.5% of wages. This applies to both self-employed, and regularly employed individuals.
Fees on Health Plans – A fee applied to all health insurance providers based upon net premiums and any third party fees associated with the administration of those programs. The fees will total $6.7 billion annually. This figure begins at $8 billion in the Reconciliation Act and rises to $14.3 billion by 2018.
Tax on Indoor Tanning Services – The act imposes a 10% tax on amounts paid for indoor tanning services. Like a sales tax, the tax will be collected from the person tanning when payment for the tanning services is made.
Tax on individuals without acceptable health care coverage – A 2.5% income tax on individuals who do not have health care coverage, limited to a cost less than the average national health care premium.
Excise tax on elective cosmetic medical procedures – A tax of 5% is levied upon the am mount paid for any cosmetic surgery. This does not include the need for such surgeries created by trauma or a disfiguring disease. If the tax is not collected by that professional completing the procedure, their business is still liable for the requirement.
The Reconciliation Act also legislates for the following surcharges: 1% surcharge on individuals making more than $350,000, 1.5% surcharge on individuals making more than $500,000, 5.4% surcharge on individuals making more than $1 million.
Taxes On Employers – If you are a large employer (defined as at least 101 employees) and you do not want to provide health insurance to your employee, then you will pay a $750 fine per employee (It could be $2,000 to $3,000 under the reconciliation changes) (Section 1513).
Taxes on Pharmaceutical Companies – The government will extract a fee of $2.3 billion annually from the pharmaceutical industry (Section 9008 (b)).
Taxes on medical device manufacturers – The government will extract a fee of $2 billion annually from medical device makers (Section 1405).

Those who say this isn't socialized medicine do not recognize that this will come in steps.  If the powers that be unleashed all this on the American people too quickly, they would have a mess on their hands like they have never seen.  Stay tuned!

No Federal Money for Abortion?

So instead of writing that "No federal money will be allowed to be spent on abortions" into the bill that was just signed by our fearless "leader" making it law, Obama decided to preform an Executive Order instead. Why? Here is why, as the USA becomes a more immoral country and the murder of innocent babies because they are seen as an inconvenience becomes more and more acceptable, the challenges to an Executive Order are much easier. It is easier to challenge an Executive Order in court than it is to challenge something that is written in to law. Rest assured that there will come a time when tax payer money will be spent on taking the lives of innocent babies because the parent(s) see them more as a chore or inconvenience rather than something that should be cherished. This Executive Order is more of the same smoke and mirrors that we are used to seeing come out of Washington from our elected officials. God help us all!

Monday, March 22, 2010

States Set to Sue Federal Government Over Health Care Bill

This is awesome.....I hope all states get on board....FULL STORY

Some Opinions on Our New Health Care Plan

He did it.  Congratulations.  Yet another step towards a socialized country.  Some will say that reform was needed.  I for one do not disagree that health costs are way too high but I will say that this plan is not beneficial for our country and will surely increase the speed at which we as a nation are moving towards bankruptcy?  How about at the cost of even more freedom?  What if I choose not to carry insurance because I have never needed it?  That is my choice and right correct?  What if I am 19 years old and I cannot afford to carry my own insurance?  Well with this new plan, that right, choice or option no longer exists.  You can choose not to carry insurance but you will pay dearly for it.  How about 2% of your income.  Not much to those who have it but what about those who don't?

Now there will be those sheep who defend their leaders and their government and who will remain perfectly content with our welfare society as they live in excess or are too concerned about what is on TV to take notice, but what they fail to notice is how quickly our nation is diminishing.  Some sheep will sit by as death and imprisonment for dissension become the norm.  The transition from our laborer society to our current totalitarian welfare society has been quick but still slow enough to remain under the radar for most of the populace.  As more people grow accustomed to the hand outs from our government rather than working for something, it will continue to get worse.  This health care plan is more of the same with all it's subsidies and tax the rich to give to the poor.  I am not rich....not even close.  I may be considered barely middle class but one thing I cannot stand are those people who sit and do nothing expecting it all to be handed to them instead of working for what they want and need.  Why should those people who worked hard to get to a position where they are considered "rich" be responsible for the unmotivated leeches of our country?  Don't get me wrong, there are those who do need help, I have been there, but the majority of those who seek assistance are nothing more than a drain on natural resources and people who refuse to do for themselves while those that have do for them.  I say survival of the fittest and though that may sound coarse but when is enough enough?  When did the people of the USA forget that you cannot benefit from doing nothing.  Answer....when the people of the USA let the government decide for them.

As we continue to live in a world of excess, most have decided to exchange that money and excess for their rights and liberties.  When did material things or money and the fear of losing them make it OK for them to usurp our freedom of choice, our freedom of speech or our freedom to bear arms?  How about the freedom to decide if you want or can afford insurance?  I don't need Big Brother to tell me what I need, when I need it or who I need it from just like I don't need them to tell me when and where I can smoke, how to raise or discipline my kids, that I need to take a flu shot, whether I can text or talk on my phone in my car, etc.  Some may think that the freedom to choose whether I carry insurance or not is not affected by this plan but punishing me monetarily for choosing not to is control no matter how indirectly.

Things Will Only Get Worse!

Here are a few truths about this new health care plan.......

Myth 1: This is a universal health care bill.

Fact: The bill is neither universal health care nor universal health insurance. According to the Congressional Budget Office:
  • Total uninsured in 2019 with no bill: 54 million.
  • Total uninsured in 2019 with Senate bill: 24 million.
Myth 2: Insurance companies hate this bill.

Fact: This bill is almost identical to the plan written by AHIP, the insurance company trade association, in 2009. The original Senate Finance Committee bill was authored by a former WellPoint vice president. Since Congress released the first of its health care bills on Oct. 30, health care stocks have risen 28.35 percent.

Myth 3: The bill will significantly bring down insurance premiums for most Americans.

Fact: The bill will not bring down premiums significantly, and certainly not the $2,500 per year that President Barack Obama promised during his campaign.
Annual premiums in 2016: status quo / with bill:
Small group market, single: $7,800 / $7,800
Small group market, family: $19,300 / $19,200
Large group market, single: $7,400 / $7,300
Large group market, family: $21,100 / $21,300
Individual market, single: $5,500 / $5,800
Individual market, family: $13,100 / $15,200
(The cost of premiums in the individual market goes up somewhat due to subsidies and mandates of better coverage. The CBO assumes that cost of individual policies goes down 7 to 10 percent, and that people will buy more generous policies.)

Myth 4: The bill will make health care affordable for middle class Americans.

Fact: The bill will impose a financial hardship on middle class Americans who will be forced to buy a product they can't afford to use. A family of four making $66,370 will be forced to pay $5,243 per year for insurance. After taxes and basic necessities, this leaves them with $8,307 in discretionary income -- out of which they would have to cover clothing, credit card and other debt, child care and education costs, in addition to up to $5,882 in annual out-of-pocket medical expenses for which families will be responsible.

Myth 5: This plan is similar to the Massachusetts plan, which makes health care affordable.

Fact: Many Massachusetts residents forgo health care because they can't afford it. A 2009 study by the state of Massachusetts found that:
  • 21 percent of residents forgo medical treatment because they can't afford it, including 12 percent of children
  • 18 percent have health insurance but can't afford to use it
Myth 6: This bill provides health care to 31 million people who are currently uninsured.

Fact: This bill will mandate that millions of people who are currently uninsured purchase insurance from private companies, or the IRS will collect up to 2 percent of their annual income in penalties. Some will be assisted with government subsidies.

Myth 7: You can keep the insurance you have if you like it.

Fact: The excise tax will result in employers switching to plans with higher co-pays and fewer covered services. Older, less healthy employees with employer-based health care will be forced to pay much more in out-of-pocket expenses than they do now.

Myth 8: The "excise tax" will encourage employers to reduce the scope of health care benefits, and they will pass the savings on to employees in the form of higher wages.

Fact: There is insufficient evidence that employers pass savings from reduced benefits on to employees.

Myth 9: This bill employs nearly every cost control idea available to bring down costs.

Fact: This bill does not bring down costs and leaves out nearly every key cost control measure, including:
  • Public option ($25 billion to $110 billion)
  • Medicare buy-in
  • Drug re-importation ($19 billion)
  • Medicare drug price negotiation ($300 billion)
  • Shorter pathway to generic biologics ($71 billion)
Myth 10: The bill will require big companies like Wal-Mart to provide insurance for their employees.

Fact: The bill was written so that most Wal-Mart employees will qualify for subsidies, and taxpayers will pick up a large portion of the cost of their coverage.

Myth 11: The bill "bends the cost curve" on health care.

Fact: "Bends the cost curve" is a misleading and trivial claim, as the U.S. would still spend far more for care than other advanced countries.
  • In 2009, health care costs were 17.3 percent of GDP
  • Annual cost of health care in 2019, status quo: $4,670.6 billion (20.8 percent of GDP)
  • Annual cost of health care in 2019, Senate bill: $4,693.5 billion (20.9 percent of GDP)

Myth 12: The bill will provide immediate access to insurance for Americans who are uninsured because of a pre-existing condition.

Fact: Access to the "high-risk pool" is limited, and the pool is underfunded. Only those who have been uninsured for more than six months will qualify for the high-risk pool. Only 0.7 percent of those without insurance now will get coverage, and the Centers for Medicare and Medicaid Services report estimates it will run out of funding by 2011 or 2012.

Myth 13: The bill prohibits dropping people in individual plans from coverage when they get sick.

Fact: The bill does not empower a regulatory body to keep people from being dropped when they're sick. There are already many states that have laws on the books prohibiting people from being dropped when they're sick, but without an enforcement mechanism, there is little to hold the insurance companies in check.

Myth 14: The bill ensures consumers have access to an effective internal and external appeals process to challenge new insurance plan decisions.

Fact: The "internal appeals process" is in the hands of the insurance companies themselves, and the "external" one is up to each state.

Ensuring that consumers have access to "internal appeals" simply means the insurance companies have to review their own decisions. And it is the responsibility of each state to provide an "external appeals process," as there is neither funding nor a regulatory mechanism for enforcement at the federal level.

Myth 15: This bill will stop insurance companies from hiking rates 30 to 40 percent per year.

Fact: This bill does not limit insurance company rate hikes. Private insurers continue to be exempt from anti-trust laws and are free to raise rates without fear of competition in many areas of the country.

Myth 16: When the bill passes, people will begin receiving benefits under this bill immediately.

Fact: Most provisions in this bill, such as an end to the ban on pre-existing conditions for adults, do not take effect until 2014.

Six months from the date of passage, children could not be excluded from coverage due to pre-existing conditions, though insurance companies could charge more to cover them. Children would also be allowed to stay on their parents' plans until age 26. There will be an elimination of lifetime coverage limits, a high-risk pool for those who have been uninsured for more than six months, and community health centers will start receiving money.

Myth 17: The bill creates a pathway for single payer.

Fact: Bernie Sanders' provision in the Senate bill does not start until 2017, and does not cover the Department of Labor, so no, it doesn't create a pathway for single payer.

Obama told Dennis Kucinich that the Ohio representative's amendment is similar to Bernie Sanders' provision in the Senate bill, and creates a pathway to single payer. Since the waiver does not start until 2017, and does not cover the Department of Labor, it is nearly impossible to see how it gets around the ERISA laws that stand in the way of any practical state single-payer system.

Myth 18: The bill will end medical bankruptcy and provide all Americans with peace of mind.

Fact: Most people with medical bankruptcies already have insurance, and out-of-pocket expenses will continue to be a burden on the middle class.

* In 2009, 1.5 million Americans declared bankruptcy.
* Of those, 62 percent were medically related.
* Three-quarters of those had health insurance.
* The Obama bill leaves 24 million without insurance.
* The maximum yearly out-of-pocket limit for a family will be $11,900 on top of premiums.
* A family with serious medical problems that last for a few years could easily be financially crushed by medical costs. SOURCE

Thursday, March 18, 2010

Are we looking at a third war now?

We must be.  It seems as though we are gearing up for a potential strike against Iran.  In a move that can be seen as nothing less, the United States has shipped 387 "Blu" bombs to our military base on the island of Diego Garcia.  Anyone who has any common sense has to understand that this would be a humongous mistake right now considering that we are already in 2 wars that are a major drain on our resources and military as a country.  After the billions of dollars that have been drained by waging wars all over the planet since 9/11, why would we even entertain the thought of a third war.  Empire Building?  Regime Change?  Oil?  My guess is all three and my guess is that any attack on Iran would be disastrous for our country financially not to mention making our country look even better in the eyes of the world.  Haven't we sacrificed enough of our young men and women in wars that should have never been waged?  Wars started under false pretense and lies by OUR government for nothing more than nation building and natural resources.

“They are gearing up totally for the destruction of Iran,” said Dan Plesch, director of the Centre for International Studies and Diplomacy at the University of London, co-author of a recent study on US preparations for an attack on Iran. “US bombers are ready today to destroy 10,000 targets in Iran in a few hours,” he added.

“The US is not publicising the scale of these preparations to deter Iran, tending to make confrontation more likely,” he added. “The US ... is using its forces as part of an overall strategy of shaping Iran’s actions.” - SOURCE

Does this seem familiar?  Does anyone remember all the government propaganda preceding the Iraq war in 2003?  All the WMD's that Iraq had and how they helped in 9/11.  If you remember correctly all those claims were later found out to be completely false.  Is this another instance of fear mongering to get an already war exhausted country behind their government....or do they even care how much public support they have this time because my guess is, there would be NONE.

When will we, the American people, decide that we have had enough of the lies and actions of our government and take action and find representatives that aren't in the pocket of large multinational corporations and bankers? It is time for a change....not just more of the same.

Full Story

Tuesday, March 16, 2010

Check Out This New Law ...Amazing

An insane new law introduced by John McCain and Joe Lieberman would effectively allow the U.S. government to lock up anyone they deem a terrorism threat to the U.S. for their "intelligence" value.  What is scary about this is there is absolutely no distinction between U.S. citizens and non-U.S. citizens in this bill.  This is our government erasing our liberties and freedoms in the name of national security and fear mongering.  This will give the U.S. military the right to detain American citizens without having to recognize their rights.  What if you are detained by mistake?  You have absolutely no recourse or rights and can be detained indefinitely. 

This bills text is so broad that there is no determination or limits of who determines what exactly a threat to national security is. You could be perceived as a threat, detained, interrogated and held indefinitely with out any Miranda rights, rights to an attorney or speedy public trial.

What are the chances we could see this bill politicized and used to quash dissent?  What this means is that anyone who speaks out against the government can be determined to be a threat to national security or the country.  Are you a member of the 9/11 Truth movement?  Are you a member of the Tea Party Movement?  How about a war protester?  Are you a Constitutionalist?  This could go any number of ways.  There only has to be one law enforcement official who believes you may be a threat and you will disappear, indefinitely.

This is yet another example of the kind of country that America is slowly becoming.  I wonder how many American citizens even realize the potential consequences of a bill like this or more importantly, even know about or understand it.  As most of America quietly watches American idol or Can You Dance, gets their nails done, focuses on mainstream media or some dumb housewives show, we are being stripped of every freedom and right that we have just to keep us "safer"  Who will keep us safe from the government?  Nobody but us!

Full Bill

There has to be Better News

I am wondering why by all that is holy that Fox News is broadcasting a news story about a trapped horse and Tiger Woods return to golf.  Why is that even news....surely there are more important things to report.  This is yet another indication of how the MSM is involved in the "Dumbing Down of America".  Will there ever be an honest TV news station that will cover the news behind the news?  My guess is no!

Monday, March 15, 2010

Imagine That!

It has been determined that the once powerful Lehman Brothers banking dynasty was dishonest about its accounting practices before it went belly up.  Could you imagine a bank being dishonest?  Haven't all banks been found to be dishonest and one of the main causes of our current economic black hole?  Now the government will parade former executives in front of cameras for mainstream media in a show that they are going to get tough on banking fraud and those who commit it when in fact, our government was in bed with most of these Wall Street crooks who smashed the hopes and dreams of millions of Americans.  Just look at how many former bankers and bank associates make up Nobama's staff.  You decide!

Full Story - The Sunday Times

What Freedom?

At what point do we draw a line at just how much freedom or liberty we as a people are willing to sacrifice in the name and sake of safety.  Fear mongering has become such a problem that the mainstream media would have us think that there is pretty much nothing that is safe in the world today.  We need to be monitored 24/7 for our own good.  Our internet activity needs to be kept track of to determine if we are terrorists.  The government choosing how we get health care.  How to protect our homes and families.  How we discipline and raise our children.  Whether we take the government issued flu shot.  We need to be seen completely naked to fly in a plane.  Whether we can text or talk on the cell phone while we drive.  Listening to phone calls and reading emails without a warrant.  Illegal search and seizure.  Does all this make YOU feel safer?? 

There have always been crazies in the world....it is a given.  I for one am not willing to give up my God given rights at the behest of the government just to make sure I am safe.  It is my responsibility to insure my safety, not the governments.  It is my right to carry a gun, to protect my home, to spend my money as I see fit, to not have the government indoctrinate my children in their schools with their views/beliefs, to raise and discipline my children as I see fit without some outside party telling me I am wrong or right, to question the "official" story when things don't add up (9/11), etc.  The government has no justification or right to encroach on my rights under the guise of trying to protect me as if I am not mature or adult enough to watch out for myself.  If something is going to happen, it is going to happen and there really isn't much I or the government is going to do about it.  We could live in a bubble....or we could live our lives to the fullest enjoying every single day like it was our last because we are never promised tomorrow.  Don't get me wrong, I would never recommend living foolishly to tempt fate but I am also not going to stay in my house while listening to the government tell me about all the things that can hurt me.

Included with this post is an article describing 20 signs that the U.S.A is becoming a Big Brother nation.  It is scary to think that our rights and freedoms are being reduced more and more and most of the population doesn't even recognize it or just blindly accepts it as a fact of life to keep us safe.  These are 20 signs that are blatantly forced upon us and leave us with little recourse or option to do anything about it.  I have a problem with a government who thinks they know whats better for me than I do.....Viva La Revolucion!!

20 Signs the United States is Rapidly Becoming a Totalitarian Big Brother Police State

Sign of the Times?

So the they say the economy is recovering.  Really?  If that is truly the case I wonder why there are several states across the country that have already decided to delay or are considering the delay of people's state tax refunds.  The states are so broke they can't even pay back the money that is due to their residents.  I wonder how the states would feel if the people decided to delay paying their taxes because it wasn't in their budget?  I wonder if that would fly?  Probably not so much.  As the mainstream media would have you believe....our economy is improving....this article shows just how good it is......FULL ARTICLE HERE

Friday, March 12, 2010

Why the U.S. can't inflate its way out of debt

By Jeanne Sahadi, senior writer

NEW YORK (CNNMoney.com) -- It's dawning on people that getting a handle on burgeoning U.S. debt will be a long and hard process.
So if lawmakers can't agree on a credible plan, some have suggested that the country could just "inflate its way" out of its fiscal ditch.
The idea: Pursue policies that boost prices and wages and erode the value of the currency.
The United States would owe the same amount of actual dollars to its creditors -- but the debt becomes easier to pay off because the dollar becomes less valuable.
That's hardly a good plan, say a bevy of debt experts and economists.
"Many countries have tried this and they've all failed," said Mark Zandi, chief economist at Moody's Economy.com.
It's true that inflation could reduce a small portion of U.S. debt. The International Monetary Fund (IMF) estimates that in advanced economies less than a quarter of the anticipated growth in the debt-to-GDP ratio would be reduced by inflation.
But the mother lode of the country's looming debt burden would remain and the negative effects of inflation could create a whole new set of problems.
For starters, a lot of government spending is tied to inflation. So when inflation rises, so do government obligations, said Donald Marron, a former acting director of the Congressional Budget Office (CBO), in testimony before the Senate Budget Committee.
"[W]e have an enormous number of spending programs, Social Security being the most obvious, that are indexed. If inflation goes up, there's a one-for-one increase in our spending. And that's also true in many of the payment rates in Medicare and other programs," he said.
Inflation would also make future U.S. debt more expensive, because inflation tends to push up interest rates. And the Treasury will have to refinance $5 trillion worth of short-term debt between now and 2015.
"[The debt's] value could go down for a couple of years because of surprise inflation. But then ... the market's going to charge you a premium interest rate and say 'you fooled us once but this time we're going to charge you a much higher rate on your three-year bonds,'" Marron said.
The Treasury is increasing the average term of its debt issuance so it can lock in rates for a longer time and reduce the risk of a sudden spike in borrowing costs. But moving that average higher won't happen overnight. And, in any case, short-term debt will always be part of the mix.
Another potential concern: Treasury inflation-protected securities (TIPS), which have maturities of 5, 10 and 20 years. They make up less than 10% of U.S. debt outstanding currently, but the Government Accountability Office has recommended Treasury offer more TIPS as part of its strategy to lengthen the average maturity on U.S. debt.
The higher inflation goes, of course, the more the Treasury will owe on its TIPS.
Just last week, the CBO noted that interest paid on U.S. debt had risen 39% during the first five months of this fiscal year relative to the same period a year ago. "That increase is largely a result of adjustments for inflation to indexed securities, which were negative early last year," according to the agency's monthly budget review.
What's more, the knock-on effects of inflation are not pretty. A recent report from the IMF outlined some of them: reduced economic growth, increased social and political stress and added strain on the poor -- whose incomes aren't likely to keep pace with the increase in food prices and other basics. That, in turn, could increase pressure on the government to provide aid -- aid which would need to keep pace with inflation.

National ID Card - Big Brother is Watching!

So how many people think they will continue to use Illegal Immigration or Terrorism as a way to steadily erode our liberties?  How long before we see RFID become mandatory?  Maybe....maybe not.

United States of Bankruptcy?

It seems our great President and his Democratic zombies will force the BS health care plan through using something they call "Budget Reconciliation". This process allows our current "Administration" to force through a bill without the possibility of a filibuster (delay or entirely prevent). Instead of needing a full majority to pass it, they simply make it law by using the "Budget Reconciliation" process. It doesn't matter if the American people agree or disagree (48% of America disapprove of the plan - SOURCE ). As a matter of fact, Speaker Nancy Pelosi recently advised all Democrats to get behind this bill even if it would hurt them professionally by going against the wishes of their constituents. Really? Since when did what the people think or want no longer matter?

How is our government going to pay for this $950 billion dollar plan?  Will they simply print it?  Will they borrow even more money from foreign governments such as China and Japan?

If I am not mistaken, isn't Medicare a government run health care option?  Medicare by itself has a little over $100 trillion dollars of unfunded liabilities - SOURCE.  As you will read, that is $33,000 dollars for every man, woman and child in the good ole US of A.  How will our country fund these liabilities?  This doesn't even take into consideration the unfunded liabilities of Social Security.  Looking at the above information, I would say health care is not a business that government needs to be involved in.  Is there anything that our government touches that doesn't turn to shit?

The unfunded liability is the difference between the benefits that have been promised to current and future retirees and what will be collected in dedicated taxes and Medicare premiums.  We will not collect enough in tax money OR premiums to continue to pay for these programs without an increase in taxes, a decrease in benefits or an increase in the retirement age period.  I have an idea....let's add another trillion dollar health care plan to the bottom line when the health care plan our government has been managing is so screwed.

The USA is already bankrupt.  The American Empire will go the way of the Roman Empire as it continues to lose focus on what is important.  The government is no longer for the people by the people.  We have crippling national debt, ungodly budget deficits, a government that is backed with military force as its only true source of revenue and power and a two party system that is one in the same.  There is no Republican or Democrat.....there is us and them.  Our national currency has declined by over 40% in the last 8 years and will continue to do so as we borrow more and more money from other countries putting us further in debt with absolutely no way to pay it back.  As I stated before, a weaker dollar means it cost our country less to pay back these debts.  As other countries catch on to this, they will begin moving their assets into other currencies which will in turn cause the collapse of our currency.  When this happens, your paper investments will become worthless as inflation goes through the roof.

The bottom line, the paper you hold in your pocket will one day be worthless!!

More to come later!!

Thursday, March 11, 2010

Inevitable Collapse of the U.S. Economy and Dollar

Silver and gold silver and gold.....who remembers that Christmas song?  With the U.S. government printing dollars at will adding to our national debt, how long before they are as worthless as the paper they are printed on?  How long before a loaf of bread is as much as a steak dinner at your favorite restaurant?  Well if we maintain our current course....shouldn't be long now.  Anyone who shops for food and necessities can already feel the pain at the register.  The average price for a loaf of white bread in 2000 was $.90.  Today?  $1.36, that is a 51% increase.  How about that gallon of milk?  In 2000, $2.78.  Now, $3.23, that is a 20% increase.  These are small items but they are very necessary items.  Items we all need to survive.  What is not mentioned are the increases in the bigger necessities.  Fuel, energy, clothing, etc.  For a take on the real possibility of our coming currency collapse, research the collapse of the Zimbabwean dollar.  Is this the future of our U.S. dollar?  Will it one day take a bucket full of money to purchase our basic necessities?

I myself am hedging on silver and gold.  As crazy as it might seem, gold, silver and other commodities are the only assets who's value have never been and will never be 0.  As a matter of fact, up until 1971, the U.S. dollar was in fact backed by gold to insure it maintained its value.  This is when the dollar became the worlds reserve currency.

There are several situations that need to take place for our dollar to collapse.  The first would be that the dollar would need to be weak at its base.  Enter the Euro.  The dollar has declined approx. 40% against the Euro since 2002 as the U.S. debt increased two fold.  It is not hard to imagine the U.S. government letting the dollar continue its decline as that makes it cheaper to pay back the debt.  If our biggest debt holders, China and Japan, ever decided that they wanted to get rid of their holdings in treasuries, the dollar would bottom out and be worthless.  This will not happen overnight but is plausible as a slow decline in the value of the dollar as both China and Japan find new emerging markets.

Back to Zimbabwe.  When their currency collapsed people were allowed to pay for goods in foreign currencies and commodities such as gold and silver.  As consumer prices continue to increase, the value of your dollar will continue to decrease.  As the money you make continues to be worth less and less.....are you prepared?  Research and decide for yourself what the economic landscape holds for the United States of America.  How long before you will no longer be able to use U.S. Dollars for everyday purchases?  Looking for a good read on the coming dollar collapse?  You can find that HERE

US Department of Education orders guns? Why?

So I read an article about an order that the U.S Department of Education (USDE) just placed.  You would think that that branch of the government would use OUR taxpayer money for things that will help our children learn and improve their education.  Guess what....not really.  The USDE has just placed an order for 27 police shotguns.  Why in the world would the USDE need that kind of fire power?  Why would they need any fire power?  I wasn't aware that the USDE was a military or law enforcement branch of the U.S. government.  Read the whole article here.  Education at gunpoint?