The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

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The More Illegal Immigrants That Go On Food Stamps The More Money JP Morgan Makes

Greed - Photo by J. Solana from Madrid, SpainRecently uncovered documents prove that the Obama administration has been working with the Mexican government to increase the number of illegal immigrants on food stamps, and when more illegal immigrants go on food stamps JP Morgan makes more money.  As you will read about below, JP Morgan has made at least 560 million dollars processing Electronic Benefits Transfer cards.  Each month, JP Morgan makes between $.31 and $2.30 for every single person on food stamps (and that does not even include things like ATM fees, etc).  So JP Morgan has a vested interest in seeing poverty grow and the number of people on food stamps increase.  Meanwhile, the Obama administration has been aggressively seeking to expand participation in the food stamp program.  Under Obama, the number of people on food stamps has grown from 32 million to more than 47 million.  And even though poverty in America is absolutely exploding, that apparently is not good enough for the Obama administration.  It has now come out that the U.S. Department of Agriculture has provided the Mexican government with literature that actively encourages illegal immigrants to enroll in food stamps.  One flyer contains the following statement in Spanish: "You need not divulge information regarding your immigration status in seeking this benefit for your children."  The bold and the underlining are in the original document in case you were wondering.  Overall, federal spending on food stamps increased from 18 billion dollars in 2000 to 85 billion dollars in 2012, and at this point one out of every five U.S. households in now enrolled in the food stamp program.  When people illegally or fraudulently enroll in the food stamp program, it makes it harder for those that desperately need the help to be able to get it. (Read More....)

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All Of This Whining And Crying About The Sequester Shows Why America Is Doomed

CryingIf we can't even cut federal spending by 2.4 percent without much of the country throwing an absolute hissy fit, then what hope does America have?  All of this whining and crying about the sequester is absolutely disgraceful.  The truth is that even if the sequester goes into effect, the U.S. government will still take in more money than ever before in 2013 and it will still spend more money than ever before in 2013.  So it is a bit disingenuous to call what is about to happen "a spending cut", but for the sake of argument let's concede that point.  Even if the budget really was being "cut" by 85 billion dollars, that only would only amount to a "cut" of 2.4 percent to federal spending.  It would barely make a dent in the federal budget deficit for 2013.  The U.S. government would still accumulate about as much new debt in fiscal year 2013 as it did in all the years from the inauguration of George Washington to the inauguration of Ronald Reagan combined.  Our debt to GDP ratio would continue to soar.  The sequester cuts would essentially only be a minor bump on the road to financial oblivion.  But if you listen to Barack Obama and his allies, they would have you believe that we are facing a great national crisis because of these impending cuts.  They would have you believe that hundreds of thousands of people will lose their jobs and that many government agencies will no longer be able to operate effectively.  They would have you believe that "granny won't get her lunch" and "roofs blown off by Hurricane Sandy won't get repaired".  Well, if all of that is true, then what in the world would our country look like if we actually cut a trillion dollars from the federal budget this year and started living within our means? (Read More....)

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The Federal Government Hands Out Money To 128 Million Americans Every Month

The Federal Government Hands Out Money To 128 Million Americans Every MonthThe number of Americans receiving money directly from the federal government has grown from 94 million in the year 2000 to over 128 million today.  A shocking new research paper by Patrick Tyrrell and William W. Beach contains that statistic and a whole bunch of other very revealing numbers.  According to their research, the federal government hands out money to 41.3 percent of the entire population of the United States each month.  Overall, more than 70 percent of all federal spending goes to what they call "dependence-creating programs".  It is the most massive wealth redistribution scheme in the history of the world, and it continues to grow at a very rapid pace with each passing month.  But can we really afford this?  Of course we never want to see a single person go without food to eat or a roof to sleep under, but can the federal government really afford to support 128 million Americans every month?  If millions more Americans keep jumping on to the "safety net" each year, how long will it be before it breaks and it is not there for anyone?  The federal government is already drowning in debt.  This year the U.S. national debt will easily blow past the 17 trillion dollar mark and we are rapidly heading toward financial oblivion.  We are stealing more than 100 million dollars from our children and our grandchildren every single hour of every single day with no end in sight.  If we don't get our finances in order as a nation, what will the end result be? (Read More....)

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What In The World Are Barack Obama And John Boehner Thinking?

What In The World Are Barack Obama And John Boehner Thinking?Barack Obama and John Boehner both seem absolutely determined to drive U.S. government finances off a cliff.  The mainstream media would have you believe that there are vast ideological differences between the two of them and that they are bitter enemies, but that is simply not the case.  Both of them say that tax increases are "necessary", but they disagree over the details.  Both are seeking about a trillion dollars of spending cuts and about a trillion dollars of new "revenue", but they don't see eye to eye on how to get there.  But overall, they are both definitely playing in the same ballpark.  And those numbers certainly do sound impressive until you realize that they are talking about a time span of ten years.  Personally, I would love to see federal spending cut by a trillion dollars this year.  But that will never happen.  A trillion dollars over the course of a decade breaks down to about 100 billion dollars per year.  That still sounds like a lot of money until you put it up next to the trillion dollar deficits that we have been running for four years in a row.  Even if somehow those spending cuts turned out to be real (which they aren't), they would still only put a very small dent in our yearly budget deficits.  Obama and Boehner both want to continue to have a gigantic federal government that showers people with government money, and both of them want to continue to pass much of the burden for paying for this gigantic government on to future generations.  And both of them want to continue to steal more than 100 million dollars an hour from our children and our grandchildren in order to maintain the false bubble of debt-fueled prosperity that we are enjoying right now.  This is incredibly foolish and they are leading us down a path that will lead to national ruin. (Read More....)

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