22 May 2012 0 Comments

Issues 2012: US Government Debt at 101.5% of GDP

The US National Debt is $15.692 trillion pushing up against debt ceiling of $16,394. Who pays for all this debt? Has the debt produced more jobs or more unemployment? ZeroHedge 1 May has some insights worth reading READ MORE ZEROHEDGE 1 May 2012 The Peter G. Peterson Foundation offers some solutions. While not free market, […]

13 May 2012 0 Comments

Issues 2012 Part 5: Export Import Bank Subsidies for Big Government’s Big Business Cronies

America’s Export-Import Bank (Exim) is tapped out. Its authority runs out on May 31 and Congress has to agree to some form of extension. Exim has $100 billion of borrowing authority, none of which shows up on the federal balance sheet.  ZeroHedge 21 April 2012 Government Forces US Taxpayer to Subsidize Big Business        […]

12 May 2012 0 Comments

Issues 2012 Part 4: Gas Prices and Wage Increases

ZEROHEDGE zeroes in on The Forgotten Taxpayer who works, save and invests and then is sold out by his own government. “Americans consume 20 million barrels of oil per day and FutureMoneyTrends asks what will happen when the price of gas reaches $4, $5, or $6 per gallon. .. As the unreality of the S&P […]

11 May 2012 0 Comments

Issues 2012 Part 3: Social Security – Gone in 21 Years – No More Money for Those Under 45

If you are under 45 years old, Social  The Social Security Administration made an alarming announcement recently that it will exhaust its funding capability by 2033 – this is the bureaucratic way of saying “no more money for those under 45″.  ZeroHedge 26 April 2012  Social Security Has a Real Problem

9 March 2012 0 Comments

Unemployment Part 2: Labor Force Participation

        Zero Hedge 2/2/2011  At 64.2%, the labor force participation rate (as a percentage of the total civilian noninstitutional population) is now at a fresh 26 year low, the lowest since March 1984, and is the only reason why the unemployment rate dropped to 9% (labor force declined from 153,690 to 153,186) Zero Hedge 2/3/ […]