Future

Love Your Neighbor As You Love Yourself: An Appeal For Reconciliation

July 14, 2013 by Michael

Whatever you may think about the George Zimmerman trial, the truth is that it is yet another example that shows very clearly how divided America is at this point. I was hesitant to write anything about the Zimmerman trial today, because it seems like the more people talk about it the more divided we become. But we need to have some honest discussions about these issues, because all of this division threatens to literally tear this nation apart. If we do not learn how to love one another and forgive one another, America is not going to have any sort of a future. After all this time, the people of the United States should have been able to get beyond racial hatred. Instead, it appears to be growing with each passing day. Right now, there are millions of Americans that hate African-American people. Right now, there are millions of Americans that hate Hispanic-American people. Right now, there are millions of Americans that hate Asian-American people. Right now, there are millions of Americans that hate white people. Right now, there are millions of Americans that hate Jewish people. All of this hatred is evil, and it is eating away at our nation like cancer. The problems that our country is facing are immense, and we are never going to have any hope of solving them until we can forgive one another and start to honestly love one another.

When groups of Americans begin to label other groups of Americans that don’t look like them as “the enemy”, we all lose.

We should refuse to listen to those that would attempt to divide us and pit us against one another. We must find a way to come together and overcome all of the bitterness and resentment that is out there. Those that harbor hatred in their hearts are not doing any good and they are slowly but surely destroying themselves.

We need to start understanding that every human life is of great value. I doesn’t matter what someone looks like or where they are from. The following is a direct quote from one of our most important founding documents, the Declaration of Independence…

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

Indeed, we are all greatly loved and greatly valued by our Creator. Those that choose to hate a particular group of people are choosing to come against the Creator of us all.

Almost every single day there are people that come to my websites that post comments expressing dislike for one particular group of people or another. And just about wherever you go on the Internet these days, you can see the hatred rising. If this continues, what is America going to look like in a few years?

It seems like almost everyone in America has an opinion about how the Zimmerman trial should have ended. And that is okay. But no matter how you feel about it, you should not be setting fires, burning American flags, smashing store windows or vandalizing police vehicles. You should not be trying to convince us all that one group or another is “sub-human” or that one group or another is “superior”. And you should not be attempting to claim that “the Jews” are the root cause of all of our problems.

If you hate a particular group of people, you are part of the problem.

In Matthew chapter 22, Jesus is asked what the greatest commandment is…

35 Then one of them, which was a lawyer, asked him a question, tempting him, and saying,

36 Master, which is the great commandment in the law?

37 Jesus said unto him, Thou shalt love the Lord thy God with all thy heart, and with all thy soul, and with all thy mind.

38 This is the first and great commandment.

39 And the second is like unto it, Thou shalt love thy neighbour as thyself.

First of all, we are to love God with everything that is inside of us.

Secondly, we are to love our neighbors as we love ourselves.

So exactly who qualifies as a neighbor?

Jesus answered that question in Luke chapter 10…

30 And Jesus answering said, A certain man went down from Jerusalem to Jericho, and fell among thieves, which stripped him of his raiment, and wounded him, and departed, leaving him half dead.

31 And by chance there came down a certain priest that way: and when he saw him, he passed by on the other side.

32 And likewise a Levite, when he was at the place, came and looked on him, and passed by on the other side.

33 But a certain Samaritan, as he journeyed, came where he was: and when he saw him, he had compassion on him,

34 And went to him, and bound up his wounds, pouring in oil and wine, and set him on his own beast, and brought him to an inn, and took care of him.

35 And on the morrow when he departed, he took out two pence, and gave them to the host, and said unto him, Take care of him; and whatsoever thou spendest more, when I come again, I will repay thee.

36 Which now of these three, thinkest thou, was neighbour unto him that fell among the thieves?

37 And he said, He that shewed mercy on him. Then said Jesus unto him, Go, and do thou likewise.

Are you willing to love those that look different than you do?

Of course we all could do better and we have all made mistakes. That is one reason why forgiveness is so important.

We all need to have grace for one another and to be open to reconciliation.

If Americans are able to forgive one another and start loving one another, we may be able to start moving this country back in the right direction.

If not, strife and discord will literally tear our communities apart.

The choice is up to you America.

27 Edward Snowden Quotes About U.S. Government Spying That Should Send A Chill Up Your Spine

June 10, 2013 by Michael

Would you be willing to give up what Edward Snowden has given up? He has given up his high paying job, his home, his girlfriend, his family, his future and his freedom just to expose the monolithic spy machinery that the U.S. government has been secretly building to the world. He says that he does not want to live in a world where there isn’t any privacy. He says that he does not want to live in a world where everything that he says and does is recorded. Thanks to Snowden, we now know that the U.S. government has been spying on us to a degree that most people would have never even dared to imagine. Up until now, the general public has known very little about the U.S. government spy grid that knows almost everything about us. But making this information public is going to cost Edward Snowden everything. Essentially, his previous life is now totally over. And if the U.S. government gets their hands on him, he will be very fortunate if he only has to spend the next several decades rotting in some horrible prison somewhere. There is a reason why government whistleblowers are so rare. And most Americans are so apathetic that they wouldn’t even give up watching their favorite television show for a single evening to do something good for society. Most Americans never even try to make a difference because they do not believe that it will benefit them personally. Meanwhile, our society continues to fall apart all around us. Hopefully the great sacrifice that Edward Snowden has made will not be in vain. Hopefully people will carefully consider what he has tried to share with the world. The following are 27 quotes from Edward Snowden about U.S. government spying that should send a chill up your spine…

#1 “The majority of people in developed countries spend at least some time interacting with the Internet, and Governments are abusing that necessity in secret to extend their powers beyond what is necessary and appropriate.”

#2 “…I believe that at this point in history, the greatest danger to our freedom and way of life comes from the reasonable fear of omniscient State powers kept in check by nothing more than policy documents.”

#3 “The government has granted itself power it is not entitled to. There is no public oversight. The result is people like myself have the latitude to go further than they are allowed to.”

#4 “…I can’t in good conscience allow the US government to destroy privacy, internet freedom and basic liberties for people around the world with this massive surveillance machine they’re secretly building.”

#5 “The NSA has built an infrastructure that allows it to intercept almost everything.”

#6 “With this capability, the vast majority of human communications are automatically ingested without targeting. If I wanted to see your e-mails or your wife’s phone, all I have to do is use intercepts. I can get your e-mails, passwords, phone records, credit cards.”

#7 “Any analyst at any time can target anyone. Any selector, anywhere… I, sitting at my desk, certainly had the authorities to wiretap anyone, from you or your accountant, to a federal judge, to even the President…”

#8 “To do that, the NSA specifically targets the communications of everyone. It ingests them by default. It collects them in its system and it filters them and it analyzes them and it measures them and it stores them for periods of time simply because that’s the easiest, most efficient and most valuable way to achieve these ends. So while they may be intending to target someone associated with a foreign government, or someone that they suspect of terrorism, they are collecting YOUR communications to do so.”

#9 “I believe that when [senator Ron] Wyden and [senator Mark] Udall asked about the scale of this, they [the NSA] said it did not have the tools to provide an answer. We do have the tools and I have maps showing where people have been scrutinized most. We collect more digital communications from America than we do from the Russians.”

#10 “…they are intent on making every conversation and every form of behavior in the world known to them.”

#11 “Even if you’re not doing anything wrong, you’re being watched and recorded. …it’s getting to the point where you don’t have to have done anything wrong, you simply have to eventually fall under suspicion from somebody, even by a wrong call, and then they can use this system to go back in time and scrutinize every decision you’ve ever made, every friend you’ve ever discussed something with, and attack you on that basis, to sort of derive suspicion from an innocent life.”

#12 “Allowing the U.S. government to intimidate its people with threats of retaliation for revealing wrongdoing is contrary to the public interest.”

#13 “Everyone everywhere now understands how bad things have gotten — and they’re talking about it. They have the power to decide for themselves whether they are willing to sacrifice their privacy to the surveillance state.”

#14 “I do not want to live in a world where everything I do and say is recorded. That is not something I am willing to support or live under.”

#15 “I don’t want to live in a world where there’s no privacy, and therefore no room for intellectual exploration and creativity.”

#16 “I have no intention of hiding who I am because I know I have done nothing wrong.”

#17 “I had been looking for leaders, but I realized that leadership is about being the first to act.”

#18 “There are more important things than money. If I were motivated by money, I could have sold these documents to any number of countries and gotten very rich.”

#19 “The great fear that I have regarding the outcome for America of these disclosures is that nothing will change. [People] won’t be willing to take the risks necessary to stand up and fight to change things… And in the months ahead, the years ahead, it’s only going to get worse. [The NSA will] say that… because of the crisis, the dangers that we face in the world, some new and unpredicted threat, we need more authority, we need more power, and there will be nothing the people can do at that point to oppose it. And it will be turnkey tyranny.”

#20 “I will be satisfied if the federation of secret law, unequal pardon and irresistible executive powers that rule the world that I love are revealed even for an instant.”

#21 “You can’t come up against the world’s most powerful intelligence agencies and not accept the risk.”

#22 “I know the media likes to personalize political debates, and I know the government will demonize me.”

#23 “We have got a CIA station just up the road – the consulate here in Hong Kong – and I am sure they are going to be busy for the next week. And that is a concern I will live with for the rest of my life, however long that happens to be.”

#24 “I understand that I will be made to suffer for my actions, and that the return of this information to the public marks my end.”

#25 “There’s no saving me.”

#26 “The only thing I fear is the harmful effects on my family, who I won’t be able to help any more. That’s what keeps me up at night.”

#27 “I do not expect to see home again.”

Would you make the same choice that Edward Snowden made? Most Americans would not. One CNN reporter says that he really admires Snowden because he has tried to get insiders to come forward with details about government spying for years, but none of them were ever willing to…

As a digital technology writer, I have had more than one former student and colleague tell me about digital switchers they have serviced through which calls and data are diverted to government servers or the big data algorithms they’ve written to be used on our e-mails by intelligence agencies. I always begged them to write about it or to let me do so while protecting their identities. They refused to come forward and believed my efforts to shield them would be futile. “I don’t want to lose my security clearance. Or my freedom,” one told me.

And if the U.S. government has anything to say about it, Snowden is most definitely going to pay for what he has done. In fact, according to the Daily Beast, a directorate known as “the Q Group” is already hunting Snowden down…

The people who began chasing Snowden work for the Associate Directorate for Security and Counterintelligence, according to former U.S. intelligence officers who spoke on condition of anonymity. The directorate, sometimes known as “the Q Group,” is continuing to track Snowden now that he’s outed himself as The Guardian’s source, according to the intelligence officers.

If Snowden is not already under the protection of some foreign government (such as China), it will just be a matter of time before U.S. government agents get him.

And how will they treat him once they find him? Well, one reporter overheard a group of U.S. intelligence officials talking about how Edward Snowden should be “disappeared”. The following is from a Daily Mail article that was posted on Monday…

A group of intelligence officials were overheard yesterday discussing how the National Security Agency worker who leaked sensitive documents to a reporter last week should be ‘disappeared.’

Foreign policy analyst and editor at large of The Atlantic, Steve Clemons, tweeted about the ‘disturbing’ conversation after listening in to four men who were sitting near him as he waited for a flight at Washington’s Dulles airport.

‘In Dulles UAL lounge listening to 4 US intel officials saying loudly leaker & reporter on #NSA stuff should be disappeared recorded a bit,’ he tweeted at 8:42 a.m. on Saturday.

According to Clemons, the men had been attending an event hosted by the Intelligence and National Security Alliance.

As an American, I am deeply disturbed that the U.S. government is embarrassing itself in front of the rest of the world like this.

The fact that we are collecting trillions of pieces of information on people all over the planet is a massive embarrassment and the fact that our politicians are defending this practice now that it has been exposed is a massive embarrassment.

If the U.S. government continues to act like a Big Brother police state, then the rest of the world will eventually conclude that is exactly what we are. At that point we become the “bad guy” and we lose all credibility with the rest of the planet.

Meet Your New Boss: Buying Large Employers Will Enable China To Dominate 1000s Of U.S. Communities

June 6, 2013 by Michael

Are you ready for a future where China will employ millions of American workers and dominate thousands of small communities all over the United States? Such a future would be unimaginable to many Americans, but the truth is that it is already starting to happen. Chinese acquisition of U.S. businesses set a new all-time record last year, and it is on pace to absolutely shatter that record this year. Meanwhile, China is voraciously gobbling up real estate and is establishing economic beachheads all over America. If China continues to build economic power inside the United States, it will eventually become the dominant economic force in thousands of small communities all over the nation. Just think about what the Smithfield Foods acquisition alone will mean. Smithfield Foods is the largest pork producer and processor in the world. It has facilities in 26 U.S. states and it employs tens of thousands of Americans. It directly owns 460 farms and has contracts with approximately 2,100 others. But now a Chinese company has bought it for $4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America. If you don’t think that this is important, you haven’t been paying much attention to what has been going on in the world. Thanks in part to our massively bloated trade deficit with China, the Chinese have trillions of dollars to spend. They are only just starting to exercise their economic muscles.

And it is important to keep in mind that there is often not much of a difference between “the Chinese government” and “Chinese corporations”. In 2011, 43 percent of all profits in China were produced by companies that the Chinese government had a controlling interest in. Americans are accustomed to thinking of “government” and “business” as being separate things, but in China they are often one and the same. Even when there is a separation in ownership, the reality is that no major Chinese corporation is going to go against the authority and guidance of the Chinese government. The relationship between government and business in China is much different than it is in the United States.

Over the past several years, Chinese companies have become increasingly aggressive. Last year a Chinese company spent $2.6 billion to purchase AMC entertainment – one of the largest movie theater chains in the United States. Now that Chinese company controls more movie ticket sales than anyone else in the world. At the time, that was the largest acquisition of a U.S. firm by a Chinese company, but now the Smithfield Foods deal has greatly surpassed that.

But China is not just relying on acquisitions to expand its economic power. The truth is that “economic beachheads” are being established all over America. For example, Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on a $100 million plant in Thomasville, Alabama. I am sure that many of the residents of Thomasville, Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on communist China.

And guess where else Chinese companies are putting down roots?

Detroit.

Yes, the poster child for the deindustrialization of America is being invaded by the Chinese. The following comes from a recent CNBC article…

Dozens of companies from China are putting down roots in Detroit, part of the country’s steady push into the American auto industry.

Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.

If you recently purchased an “American-made vehicle”, there is a really good chance that it has Chinese parts in it.

In fact, it is becoming harder and harder to get auto parts that are actually made in America by American companies. A lot of those companies are dying off. One example of this is a battery maker that had received $132 million from the federal government that was recently gobbled up by a huge Chinese corporation…

Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in the United States. “We simply don’t know how many there are,” said David Andrea, an official with the Original Equipment Suppliers Association, a trade organization for auto parts makers.

In one of the more prominent deals, the Wanxiang Group bought most of the assets of the battery maker A123 Systems, which filed for bankruptcy last year despite receiving $132 million of $249 million in federal grants to build two factories in Michigan.

Congressional Republicans criticized the deal, saying A123’s technology could support military applications in China. Still, the buyout was approved this year by the Committee on Foreign Investment in the United States, a federal government panel.

China seems particularly interested in acquiring energy resources in the United States. For example, did you know that China is actually mining for coal in the mountains of Tennessee?

Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee. At the time, that acquisition really didn’t make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal. The following is from a Wall Street Journal article back in March…

The Tennessee Conservative Union began airing an ad Tuesday that says lawmakers have failed to protect the state’s scenic mountains and are allowing the “Chinese to destroy our mountains and take our coal…the same folks who hold our debt.”

But when it comes to our energy resources, China has been most interested in our oil and natural gas. It is a complete and total mystery why the federal government would allow China to buy up our precious domestic sources of energy, but it is happening. The following is a list of some of the oil and natural gas deals that China has been involved in during the last few years that was compiled by the Wall Street Journal…

Colorado: Cnooc gained a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming in a $1.27 billion pact with Chesapeake Energy Corp.

Louisiana: Sinopec has a one-third interest in 265,000 acres in the Tuscaloosa Marine Shale after a broader $2.5-billion deal with Devon Energy.

Michigan: Sinopec gained a one-third interest in 350,000 acres in a larger $2.5 billion deal with Devon Energy.

Ohio: Sinopec acquired a one-third stake in Devon Energy’s 235,000 Utica Shale acres in a larger $2.5 billion deal.

Oklahoma: Sinopec has a one-third interest in 215,000 acres in a broader $2.5 billion deal with Devon Energy.

Texas: Cnooc acquired a one-third interest in Chesapeake Energy’s 600,000 acres in the Eagle Ford Shale in a $2.16-billion deal.

Wyoming: Cnooc has a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming after a $1.27 billion pact with Chesapeake Energy. Sinopec gained a one-third interest in Devon Energy’s 320,000 acres as part of a larger $2.5 billion deal.

Gulf of Mexico: Cnooc Ltd. separately acquired minority stakes in some of Statoil ASA’s leases as well as six of Nexen Inc.’s deep-water wells.

How could we be so stupid?

Sadly, as our politicians endlessly bicker China just continues to aggressively push ahead.

And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries. According to Bloomberg, right now China is actually building a city larger than Manhattan just outside of the capital of Belarus…

China is building an entire city in the forests near the Belarusian capital Minsk to create a manufacturing springboard between the European Union and Russia.

Belarusian President Aleksandr Lukashenko allotted an area 40 percent larger than Manhattan around Minsk’s international airport for the $5 billion development, which will include enough housing to accommodate 155,000 people, according to Chinese and Belarusian officials.

And this is actually already happening on a much smaller scale in this country. For example, as I have written about previously, a Chinese company known as “Sino-Michigan Properties LLC” has purchased 200 acres of land near the little town of Milan, Michigan. Their stated goal is to construct a “China City” that has artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens.

In other cases, large chunks of real estate in the middle of major U.S. cities are being gobbled up by Chinese “investors”. Just check out what a Fortune article from a while back says has been happening in Toledo, Ohio…

In March 2011, Chinese investors paid $2.15 million cash for a restaurant complex on the Maumee River in Toledo, Ohio. Soon they put down another $3.8 million on 69 acres of newly decontaminated land in the city’s Marina District, promising to invest $200 million in a new residential-commercial development. That September, another Chinese firm spent $3 million for an aging hotel across a nearby bridge with a view of the minor league ballpark.

Are you starting to get the picture?

China is on the rise and America is in decline. If you doubt this, just read the following list of facts which comes from one of my previous articles entitled “40 Ways That China Is Beating America“…

#1 As I mentioned above, when you total up all imports and exports of goods, China is now the number one trading nation on the entire planet.

#2 During 2012, we sold about 110 billion dollars worth of stuff to the Chinese, but they sold about 425 billion dollars worth of stuff to us. That was the largest trade deficit that one nation has had with another nation in the history of the world.

#3 Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.

#4 China now has the largest new car market in the entire world.

#5 China has more foreign currency reserves than anyone else on the planet.

#6 China is the number one gold producer in the world.

#7 China is also the number one gold importer in the world.

#8 The uniforms for the U.S. Olympic team were made in China.

#9 85 percent of all artificial Christmas trees are made in China.

#10 The new World Trade Center tower is going to include glass that has been imported from China.

#11 The new Martin Luther King memorial on the National Mall was made in China.

#12 One of the reasons it is so hard to export stuff to China is because of their tariffs. According to the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.

#13 The Chinese economy has grown 7 times faster than the U.S. economy has over the past decade.

#14 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#15 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#16 Overall, the United States has lost a total of more than 56,000 manufacturing facilities since 2001.

#17 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.

#18 China now produces more than twice as many automobiles as the United States does.

#19 Since the auto industry bailout, approximately 70 percent of all GM vehicles have been built outside the United States.

#20 After being bailed out by U.S. taxpayers, General Motors is currently involved in 11 joint ventures with companies owned by the Chinese government. The price for entering into many of these “joint ventures” was a transfer of “state of the art technology” from General Motors to the communist Chinese.

#21 Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.

#22 The United States has lost more than a quarter of all of its high-tech manufacturing jobs over the past ten years.

#23 China’s number one export to the U.S. is computer equipment, but the number one U.S. export to China is “scrap and trash”.

#24 The U.S. trade deficit with China is now more than 30 times larger than it was back in 1990.

#25 China now consumes more energy than the United States does.

#26 China is now the leading manufacturer of goods in the entire world.

#27 China uses more cement than the rest of the world combined.

#28 China is now the number one producer of wind and solar power on the entire globe.

#29 There are more pigs in China than in the next 43 pork producing nations combined.

#30 Today, China produces nearly twice as much beer as the United States does.

#31 Right now, China is producing more than three times as much coal as the United States does.

#33 China now produces 11 times as much steel as the United States does.

#34 China produces more than 90 percent of the global supply of rare earth elements.

#35 China is now the number one supplier of components that are critical to the operation of U.S. defense systems.

#36 A recent investigation by the U.S. Senate Committee on Armed Services found more than one million counterfeit Chinese parts in the Department of Defense supply chain.

#37 15 years ago, China was 14th in the world in published scientific research articles. But now, China is expected to pass the United States and become number one very shortly.

#38 China now awards more doctoral degrees in engineering each year than the United States does.

#39 The average household debt load in the United States is 136% of average household income. In China, the average household debt load is 17% of average household income.

#40 The Chinese have begun to buy up huge amounts of U.S. real estate. In fact, Chinese citizens purchased one out of every ten homes that were sold in the state of California in 2011.

And what we have seen so far may just be the tip of the iceberg as far as Chinese “investment” in U.S. real estate is concerned. The following is a brief excerpt from a Bloomberg article that was posted just last week…

China is studying the possibility of investing a portion of its $3.4 trillion in foreign-exchange reserves in U.S. real estate, said two people with direct knowledge of the situation.

The State Administration of Foreign Exchange began the study after seeing signs of a recovery in the U.S. property market, said the people, who asked not to be identified as they weren’t authorized to speak publicly about the matter. China may acquire properties, invest in real estate funds or buy stakes in property companies, they said. The safety of the investments will be the top priority, said the people, who didn’t elaborate on a timetable or other details.

So what can we do about all of this?

Unfortunately, not a whole lot. Both major political parties seem to be fully convinced that merging our economy with the economy of communist China is a great idea. I would not expect major changes in our policies regarding China any time soon.

For now, I will just leave you with one piece of advice…

Learn to speak Chinese. You might need it someday.

Child Hunger Is Exploding In Greece – And 14 Signs That It Is Starting To Happen In America Too

April 24, 2013 by Michael

The world is heading into a horrific economic nightmare, and an inordinate amount of the suffering is going to fall on innocent children. If you want to get an idea of what America is going to look like in the not too distant future, just check out what is happening in Greece. At this point, Greece is experiencing a full-blown economic depression. As I have written about previously, the unemployment rate in Greece has now risen to 27 percent, which is much higher than the peak unemployment rate that the U.S. economy experienced during the Great Depression of the 1930s. And as you will read about below, child hunger is absolutely exploding in Greece right now. Some families are literally trying to survive on pasta and ketchup. But don’t think for a moment that it can’t happen here. Sadly, the truth is that child hunger is already rising very rapidly in our poverty-stricken cities. Never before have we had so many Americans unable to take care of themselves. Food stamp enrollment and child homelessness have soared to brand new all-time records, and there are actually thousands of Americans that are so poor that they live in tunnels underneath our cities. But for millions of other Americans, the suffering is not quite so dramatic. Instead, they just watch their hopes and their dreams slowly slip away as they struggle to find a way to make it from month to month. There are millions of parents that lead lives that are filled with constant stress and anxiety as they try to figure out how to provide the basics for their children. How do you tell a child that you can’t give them any dinner even though you have been trying as hard as you can? What many families go through on a regular basis is absolutely heartbreaking. Unfortunately, more poor families slip through the cracks with each passing day, and these are supposedly times in which we are experiencing an “economic recovery”. So what are things going to look like when the next major economic downturn strikes?

A recent New York Times article detailed the horrifying child hunger that we are witnessing in Greece right now. At some schools there are reports of children actually begging for food from their classmates…

As an elementary school principal, Leonidas Nikas is used to seeing children play, laugh and dream about the future. But recently he has seen something altogether different, something he thought was impossible in Greece: children picking through school trash cans for food; needy youngsters asking playmates for leftovers; and an 11-year-old boy, Pantelis Petrakis, bent over with hunger pains.

“He had eaten almost nothing at home,” Mr. Nikas said, sitting in his cramped school office near the port of Piraeus, a working-class suburb of Athens, as the sound of a jump rope skittered across the playground. He confronted Pantelis’s parents, who were ashamed and embarrassed but admitted that they had not been able to find work for months. Their savings were gone, and they were living on rations of pasta and ketchup.

Could you imagine that happening to your children or your grandchildren?

Don’t think that it can’t happen. Just a few years ago the Greek middle class was vibrant and thriving.

And we are starting to see hunger explode in other European countries as well. For example, in the UK the number of people receiving emergency food rations has increased by 170 percent over the past year.

This is one of the reasons why I get upset when people say that “things are getting better”. Yes, the stock market has been setting record highs lately, but things are most definitely not getting better.

Even during this false bubble of debt-fueled economic stability that we are enjoying right now, we continue to see hunger and poverty rise dramatically in America.

Since Barack Obama has been president, the number of Americans on food stamps has grown from 32 million to more than 47 million.

Will we all be on food stamps eventually?

Will we all become dependent on the government for our survival at some point?

According to the Boston Herald, even Tamerlan Tsarnaev was receiving government welfare benefits…

Marathon bombings mastermind Tamerlan Tsarnaev was living on taxpayer-funded state welfare benefits even as he was delving deep into the world of radical anti-American Islamism, the Herald has learned.

State officials confirmed last night that Tsarnaev, slain in a raging gun battle with police last Friday, was receiving benefits along with his wife, Katherine Russell Tsarnaev, and their 3-year-old daughter. The state’s Executive Office of Health and Human Services said those benefits ended in 2012 when the couple stopped meeting income eligibility limits.

Isn’t that crazy?

And yes, there are some people out there that are abusing the system. In fact, the cost of food stamp fraud has risen sharply to approximately $750 million in recent years.

But most of the people on these programs really need the help. Thanks to our incredibly foolish economic policies, there are not enough good jobs for everyone and there never will be again. The percentage of Americans that are unable to take care of themselves is going to continue to rise, and the suffering that we are witnessing right now is going to get much, much worse.

Not that things aren’t really, really bad already. Here are some signs that child hunger in America has already started to explode…

#1 Today, approximately 17 million children in the United States are facing food insecurity. In other words, that means that “one in four children in the country is living without consistent access to enough nutritious food to live a healthy life.”

#2 We are told that we live in the “wealthiest nation” on the planet, and yet more than one out of every four children in the United States is enrolled in the food stamp program.

#3 The average food stamp benefit breaks down to approximately $4 per person per day.

#4 It is being projected that approximately 50 percent of all U.S. children will be on food stamps before they reach the age of 18.

#5 It may be hard to believe, but approximately 57 percent of all children in the United States are currently living in homes that are either considered to be either “low income” or impoverished.

#6 The number of children living on $2.00 a day or less in the United States has grown to 2.8 million. That number has increased by 130 percent since 1996.

#7 According to Feeding America, “households with children reported food insecurity at a significantly higher rate than those without children, 20.6 percent compared to 12.2 percent”.

#8 According to a Feeding America hunger study, more than 37 million Americans are now being served by food pantries and soup kitchens.

#9 For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.

#10 Approximately 20 million U.S. children rely on school meal programs to keep from going hungry.

#11 One university study estimates that child poverty costs the U.S. economy 500 billion dollars each year.

#12 In Miami, 45 percent of all children are living in poverty.

#13 In Cleveland, more than 50 percent of all children are living in poverty.

#14 According to a recently released report, 60 percent of all children in the city of Detroit are living in poverty.

For many more facts about the dramatic explosion of poverty in this country, please see my previous article entitled “21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know“.

Unfortunately, most of the time statistics don’t really tell the whole story. Numbers alone cannot really communicate the soul-crushing despair that millions of American families are enduring on a daily basis at this point.

How can numbers communicate the pain that a child feels when her grandmother does not eat because there is not enough food for everyone in the family? But this is what some families in America actually go through because there is not enough money…

Vanyshia tells about the sacrifices her Grandmother makes so that she and her siblings can eat. “Sometimes my Grandma can’t even eat because she has to feed me and my brother and sister. Sometimes I don’t eat as much as I want to because I leave some for my Grandma because I don’t want her to sit there and starve. Sometimes she doesn’t have enough money to buy food, so she has to go to the bank and borrow money. It makes me feel sad. I don’t want her to be hungry. I just feel sad sometimes,” says Vanyshia.

Things can be particularly tough when you are a single parent. The BBC recently profiled a single mother that is struggling to raise two young children in Iowa…

“We don’t get three meals a day like breakfast, lunch and then dinner,” says Kaylie. “When I feel hungry I feel sad and droopy.”

Kaylie and Tyler live with their mother Barbara, who used to work in a factory. After losing her job, she was entitled to unemployment benefit and food stamps – this comes to $1,480 (£974) a month.

But they were no longer able to afford to live in their house, which along with bills cost $1,326 (£873) a month, leaving little for food or petrol.

Kaylie supplemented their income by collecting cans along the railway track near their old home – earning between two and five cents per can.

For more examples like this one, I encourage everyone to go watch a recent BBC documentary entitled “America’s Poor Kids” that you can see right here.

I wonder why we don’t see more stuff like this on the mainstream news in this country?

Could it be that the mainstream media does not want to admit how bad things have really gotten?

All of this is also a reminder that we need to be generous to those in need. Times are going to get much, much harder than this, and we are all going to need one another.

So do you have any stories of poverty or child hunger from your area of the country to share? Please feel free to share your thoughts by posting a comment below…

The Chart That Proves That The Mainstream Media Is Lying To You About Unemployment

March 10, 2013 by Michael

The mainstream media is absolutely giddy that the U.S. unemployment rate has hit a “four-year low” of 7.7 percent. But is unemployment in the United States actually going down? After all, you would think that it should be. The Obama administration has “borrowed” more than 6 trillion dollars from future generations of Americans, interest rates have been pushed to all-time lows, and the Federal Reserve has been wildly printing more money in a desperate attempt to “stimulate” the economy. So have those efforts been successful? Well, according to the mainstream media, the U.S. unemployment rate is falling steadily. Headlines all over the nation boldly declared that “236,000 jobs” were added to the economy in February, but what they didn’t tell you was that the number of Americans “not in the labor force” rose by 296,000. And that is how they are getting the unemployment rate to go down – by pretending that huge numbers of unemployed Americans don’t want jobs. Sadly, as you will see below, the truth is that the percentage of working age Americans that have a job is just 0.1% higher than it was exactly three years ago. And we have not even come close to getting back to where we were before the last economic crisis. For example, more than 146 million Americans were employed back in 2007. But today, only 142.2 million Americans have a job even though our population has grown steadily since then. So where in the world is this “economic recovery” that they keep talking about?

At this point, the “unemployment rate” has become so meaningless that it really isn’t even worth paying much attention to. If you really want to know what the employment picture looks like in the United States, you need to look at the employment-population ratio.

As Wikipedia tells us, many economists consider the employment-population ratio to be far superior to other measurements of employment…

The Organization for Economic Co-operation and Development defines the employment rate as the employment-to-population ratio. The employment-population ratio is many American economist’s favorite gauge of the American jobs picture. According to Paul Ashworth, chief North American economist for Capital Economics, “The employment population ratio is the best measure of labor market conditions.” This is a statistical ratio that measures the proportion of the country’s working-age population (ages 15 to 64 in most OECD countries) that is employed. This includes people that have stopped looking for work.

A chart of the employment-population ratio in the United States over the past several years is posted below…

As you can see, the percentage of Americans with a job fell from about 63 percent to below 59 percent during the last economic crisis. Since that time, it has not risen back above 59 percent. This is the first time in the post-World War II era that we have not seen the employment rate bounce back following a recession. At this point, the employment-population ratio has been below 59 percent for 42 months in a row.

Yes, we should be thankful that things have stabilized, but as you can see there has been no recovery. The percentage of Americans with a job is essentially exactly where it was three years ago. Despite the trillions of dollars that the U.S. government has borrowed, and despite the reckless money printing that the Federal Reserve has been doing, the employment situation in the U.S. has not turned around.

Data for the employment-population ratio from the beginning of 2008 is posted below…

2008-01-01 62.9
2008-02-01 62.8
2008-03-01 62.7
2008-04-01 62.7
2008-05-01 62.5
2008-06-01 62.4
2008-07-01 62.2
2008-08-01 62.0
2008-09-01 61.9
2008-10-01 61.7
2008-11-01 61.4
2008-12-01 61.0
2009-01-01 60.6
2009-02-01 60.3
2009-03-01 59.9
2009-04-01 59.8
2009-05-01 59.6
2009-06-01 59.4
2009-07-01 59.3
2009-08-01 59.1
2009-09-01 58.7
2009-10-01 58.5
2009-11-01 58.6
2009-12-01 58.3
2010-01-01 58.5
2010-02-01 58.5
2010-03-01 58.5
2010-04-01 58.7
2010-05-01 58.6
2010-06-01 58.5
2010-07-01 58.5
2010-08-01 58.5
2010-09-01 58.5
2010-10-01 58.3
2010-11-01 58.2
2010-12-01 58.3
2011-01-01 58.3
2011-02-01 58.4
2011-03-01 58.4
2011-04-01 58.4
2011-05-01 58.4
2011-06-01 58.2
2011-07-01 58.2
2011-08-01 58.3
2011-09-01 58.4
2011-10-01 58.4
2011-11-01 58.5
2011-12-01 58.6
2012-01-01 58.5
2012-02-01 58.6
2012-03-01 58.5
2012-04-01 58.5
2012-05-01 58.6
2012-06-01 58.6
2012-07-01 58.5
2012-08-01 58.4
2012-09-01 58.7
2012-10-01 58.7
2012-11-01 58.7
2012-12-01 58.6
2013-01-01 58.6
2013-02-01 58.6

So is there anyone out there that still wants to insist that the employment picture in the United States is getting significantly better?

Anyone that wants to claim that “unemployment is going down” should at least wait until the unemployment-population ratio gets back up to 59 percent. Otherwise they just look foolish.

Yes, the Dow is at an all-time high right now. But a bubble is always the biggest right before it bursts.

Most Americans understand that the Dow has been pumped up with all of the funny money that the Fed has been printing. Most Americans understand that the stock market really does not accurately reflect the health of the U.S. economy as a whole.

Just consider these numbers…

-The number of homeless people sleeping in homeless shelters in New York City has increased by 19 percent over the past year.

-The number of Americans on food stamps has risen from 32 million to 47 million while Barack Obama has been in the White House.

-According to the U.S. Census Bureau, more than 146 million Americans are either “poor” or “low income” at this point.

-Median household income in the United States has fallen for four consecutive years.

No, the truth is that everything is most definitely not fine.

If everything is fine, then why did the Federal Reserve inject another 100 billion dollars into foreign banks during the last full week of February?

The U.S. government and the Federal Reserve are desperately trying to prop up the entire global economy. Unfortunately, the global financial system has been built on a foundation of sand and the tide is coming in.

Back in 2008, a derivatives crisis was one of the primary causes of the worst financial panic since the Great Depression.

So did we learn our lesson?

No, the boys on Wall Street are back at it again as a recent article by Jim Armitage described…

Historically, stock markets, being driven by humans, have tended to have a similar length memory of catastrophes, before making the same dumb mistakes again.

But it hasn’t even been five years since derivatives (on that occasion based on daft mortgages) blew up the world, and yet these exotic creatures have already returned. With a vengeance.

Research from Thomson Reuters declared that banks were creating more derivatives known as asset-backed securities than at any time since before the Lehman Brothers crash. Of those, 22 percent were made up of – and forgive me the alphabet soup here – CDOs and CLOs. The very type of derivatives that exploded last time. At this stage last year, only 6 percent fell into those categories.

In other words, banks are creating more of the riskiest types of the riskiest products.

At some point, we will have another derivatives crisis even worse than the last one.

When that happens, financial markets all over the globe will crash, economic activity will grind to a standstill and unemployment will go skyrocketing once again.

But as you saw above, we have never even come close to recovering from the last crisis.

So you can believe the mind-numbing propaganda that the mainstream media is trying to feed you if you want. Unfortunately, the reality of the matter is that we have not recovered from the last major economic crisis, and another one is rapidly approaching.

I hope that you are getting ready.

Social Decay + Illegal Immigration + Poverty = Open War On The Streets Of America

January 27, 2013 by Michael

What did you think was going to happen? Moral standards have been falling for decades, we have allowed massive hordes of criminals, gang members and drug dealers to enter this country illegally, and thanks to our declining economy our inner cities are being absolutely ravaged by poverty. Was such a combination really going to produce peace and prosperity? Should we be so shocked that we now have open war on the streets of America? In the United States today, there are millions upon millions of young people that can’t find jobs, that are living in poverty, that have no hope for a better future, and that have been raised without any moral standards. These young people are becoming increasingly desperate, and desperate people do desperate things. As I wrote about the other day, for those under the age of 18 living in the city of Detroit the poverty rate is 60 percent. Should we be surprised that Detroit police are now telling people to “enter Detroit at your own risk“. At this point, the FBI says that there are approximately 1.4 million gang members living in our cities. That number has risen by an astounding 40 percent just since 2009. Did we somehow delude ourselves into thinking that there would not be severe consequences for allowing that to happen? Today, Mexican drug cartels are active in more than 1,000 U.S. cities. Are they selling drugs and committing crimes in the area where you live? Well, don’t be so shocked. The federal government has left our border with Mexico wide open for decades even though the most violent drug war on the planet has been raging just across that border. Stupid decisions produce stupid results. Sadly, this is just the beginning. When our economy fully crashes the open warfare on the streets of America is going to get much, much worse.

Let’s take a closer look at what is currently happening in a few of our largest cities…

Los Angeles

Did you know that Latino gangs are systematically pushing black families out of some areas of Los Angeles?

For example, once upon a time Compton was a predominantly African-American area. But now it is 65 percent Latino, and there is a relentless campaign of intimidation against many of the African-American families that remain.

One of these incidents was recently profiled in the Los Angeles Times. A black family moved into Compton near the end of December, and since that time they have been the victims of endless harassment by Latino gangs. When a 19-year-old African-American friend came to visit the family one day, four thugs told him that blacks were barred from the neighborhood and they started beating him with metal pipes. A story in the Los Angeles Times described what happened next…

The 19-year-old family friend managed to break free that first day and run into the house, where the children were the only ones at home.

The attackers left, but a half-hour later a crowd of as many as 20 people stood on the lawn yelling threats and epithets. A beer bottle crashed through the living room window as the youngsters watched in horror.

“They were scared if they called the sheriff they’d be killed,” Westin said. “So they called their mom, who called the Sheriff’s Department.”

The gang members were gone by the time deputies arrived, but they kept coming back, almost daily, driving by slowly until they got someone’s attention, then yelling racial insults and telling them to leave. The mother sent the children to live with relatives and is now packing up to leave herself.

As horrifying as that sounds, the truth is that it is not an isolated incident.

According to the Los Angeles Times, similar attacks “have taken place in Harbor Gateway, Highland Park, Pacoima, San Bernardino, Canoga Park and Wilmington, among other places.”

Oakland

Up the coast in Oakland, a horribly violent gang war has gotten so out of hand that city officials are holding press conferences about it.

Violent crime in the city of Oakland increased by 23 percent in 2012, and police say that gang members were responsible for most of the approximately 2,000 robberies and 65 homicides that took place in the second half of the year.

As the San Francisco Chronicle recently explained, the violence continues to escalate and city officials don’t know how to solve it…

Nearly all the violent crimes in Oakland in the last few months, including two killings over the weekend, have been committed as part of a “war” between rival groups that was sparked by the slaying of a girl last summer, Police Chief Howard Jordan said Monday.

Jordan said “about 90 percent” of the killings, robberies, shootings and other “senseless acts of violence” in the city since mid-2012 can be directly tied to the killing of a girlfriend of one of the combatants.

Over time, the warring factions have become increasingly violent and have grown in number, sometimes by merging with other groups, Jordan said at a news conference called in response to an outbreak of gunfire over the weekend.

Chicago

Savage murders happen so regularly in Chicago at this point that very few people are even shocked by the headlines any longer. The murder rate in the city increased by about 17 percent in 2012, and 2013 has already started with quite a bang.

Just check out what happened on Saturday. 7 people were murdered and six others were left wounded. The following is how the Chicago Tribune described one of the crime scenes…

On West Van Buren Street, a body could be seen lying in the roadway, near the curb and a bus stop.

A man who only identified himself as the teen victim’s uncle said the boy, whose family lived nearby, had simply gone to run an errand.

“He was just going to the store,” the man said. “They just killed him just like that.”

Later, the man paced back and forth on the sidewalk, shaking his head in disbelief.

So why has Chicago become such a violent city?

It is because of the gangs.

Today, approximately 80 percent of all murders that happen in the city of Chicago are gang-related. And as I have written about previously, there are only about 200 police officers assigned to Chicago’s Gang Enforcement Unit to handle the estimated 100,000 gang members living in the city.

Perhaps Chicago could do more to handle all the crime if they had more money, but at this point they are flat broke and so is the entire state of Illinois. In fact, the state of Illinois just had its credit rating downgraded once again.

I picked out three examples to discuss above, but similar things could really be said about hundreds of U.S. cities from coast to coast.

Once upon a time, gang activity was fairly limited to certain pockets of the country. But now, it is more widespread than ever.

According to the Justice Department’s National Drug Intelligence Center, Mexican drug cartels were actively operating in 50 different U.S. cities in 2006.

By 2010, that number had skyrocketed to 1,286.

Are you starting to get the picture?

So why doesn’t the federal government secure the border and make sure that everyone that is coming into this country is doing so legally?

That is a very good question. For some reason, every single president that we have had in recent decades has chosen to leave the U.S. border with Mexico virtually wide open.

And so millions of criminals, gang members, drug dealers and welfare parasites continue to pour into the country. The following is what one local police chief down in Texas is saying about what he is seeing along the border…

The problem is not going away.

“Most of them have people here or they’re just trying to make it over here so they can start making a better living for themselves,” La Joya Police Chief Julian Gutierrez told Action 4 News.

No matter how many miles of border fence is erected—it seems nothing will stop the thousands of immigrants, crossing our border illegally, from continuing their journey.

“A lot of times we talk to them and ask them why they’re coming here,” Gutierrez explained. “They say they’re coming for the ‘American Dream.’ I always tell them that they’re here illegally—how do they expect to find work? They always say it’s a lot better than their country.”

So what is the Obama administration doing about this?

They don’t consider it to be a problem.

In fact, one of our stations along the border with Mexico will no longer be manned with real people at all. The following is from a recent ABC News report…

Get ready for the very first “unmanned” border station on the U.S.-Mexico border. Slated to open at the end of this month, the Big Bend National Park in Texas will be staffed by, you guessed it, computers.

But what the Obama administration does seem to be concerned about is giving immigrants lots of “benefits” once they get here.

For example, did you know that the federal government actually has a website that teaches immigrants how to sign up for welfare programs once they arrive in the United States?

Meanwhile, we can’t even come close to taking care of our own citizens. According to the U.S. Census Bureau, there are more than 146 million Americans that are considered to be either “poor” or “low income” at this point.

Poverty is absolutely exploding in this country, and the middle class gets smaller with each passing day. When the next major economic downturn strikes, the unemployment numbers are going to start spiking again and millions of families are going to lose all hope that things will ever turn around for them.

Meanwhile, the very foundations of our society continue to rot and decay right in front of our eyes. At this point, approximately one out of every three children in the U.S. lives in a home without a father. The U.S. has the highest divorce rate in the world, the highest rate of teen pregnancy in the world, and there are 19 million new STD infections in the United States every single year.

Our nation is a complete and total mess, and many of our major cities are being transformed into gang-infested war zones that are on the verge of total meltdown.

Is it any wonder that millions of American families have chosen to become preppers?

Nothing is going to stop the societal meltdown that is coming. That is especially true with Barack Obama running things.

Sadly, most Americans still have their heads in the sand and are pretending that everything will be okay somehow.

Sadly, most Americans still have a tremendous amount of faith in the system.

But anyone with a brain should be able to see the storm clouds that are coming.

So get prepared while you still can.

Time is running out.

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

December 18, 2012 by Michael

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.

Sadly, even the pathetically small “budget cut” and “new revenue” figures that they are floating around turn out to be quite hollow when you inspect them more closely.

For example, the “new revenue” figures that both Obama and Boehner are talking about rely on extremely unrealistic assumptions about U.S. economic growth. In order to meet their revenue projections, the U.S. economy would need to grow significantly faster than it is right now and we would need to get through the entire decade without having a single recession.

What do you think the chance of that happening is?

But that is the way that things work in Washington D.C. – our politicians function in a world where it is assumed that everything will work out just perfectly in the future.

For example, if the figures put out at the beginning of the Bush administration were to be believed, we should be absolutely swimming in government surpluses by now.

That didn’t work out too well, did it?

The “spending cuts” are even more illusory.

Obama is projecting that we will save 130 billion dollars by manipulating the way that inflation is calculated for annual increases in Social Security benefits.

But our politicians are already pretending that there is hardly any inflation when any rational person can see that prices are soaring.

So can they really manipulate the numbers to make them look even smaller?

By doing so, they would be cheating elderly Americans out of 130 billion dollars. But I guess this is more convenient for our politicians than going after real government waste.

Obama also plans to save $290 billion by having lower interest payments on U.S. government debt.

Try not to laugh.

The average rate of interest on U.S. government debt was 2.534 percent at the end of November. That is ridiculously low. The only place it is going to go in future years is up.

Back in the year 2000, the average rate of interest on U.S. government debt was 6.638 percent. If the average rate of interest on U.S. government debt rose back to that level, we would be paying out more than a trillion dollars a year just in interest on the national debt.

So Obama’s projection that we are going to save 290 billion dollars over the next ten years by forcing interest rates on U.S. government debt even lower is insanely optimistic. Only a delusional person would make such an assumption.

And most of the savings from the “projected spending cuts” that Obama and Boehner are proposing would not happen until later in the decade.

After all, they don’t want to “hurt the economy” right now.

In fact, Obama is actually proposing that we should increase spending by $80 billion this year so that we can encourage economic activity.

So don’t let anyone fool you with any nonsense about how Obama and Boehner are working on a plan that would get U.S. government finances in order.

No matter how their “negotiations” turn out, we will continue to run trillion dollars deficits year after year with no end in sight.

If Americans want a monstrous federal government that passes out government checks like candy, then they should pay for it. Personally, I think that taxes are already way, way too high and that the government already brings in more than enough money.

If Americans don’t want to pay much higher taxes, then they should tell the government to quit spending money that we don’t have.

But all of this trying to have it both ways has got to stop. We are destroying the future for our children and our grandchildren. We have already run up 16 trillion dollars in debt and we can’t even seem to slow down our reckless debt binge. If they get the chance, someday future generations will curse us for what we did to them.

The funny thing is that John Boehner was supposed to be a “conservative” that was going to do something about all of this debt. But since John Boehner has been Speaker of the House, the U.S. House of Representatives has approved legislation that has increased the size of our national debt by approximately $18,944 per household.

Thanks John.

Meanwhile, our economy continues to unravel, good jobs are becoming even more scarce, and poverty continues to explode.

For example, did you know that there are now more than one million homeless students in America? Sadly, it’s true…

The number of homeless students in America topped one million for the first time last year as a result of the economic recession, a number that has risen 57 percent since 2007.

The US Department of Education found that of these 1,065,794 children, many lived in abandoned homes, cheap hotels, stations, church basements and hospitals. Some spent their time sleeping over at the houses of various friends whenever they could. Others fell victim to drugs and sexual abuse, in some cases trading sexual acts for food, clothing and shelter or selling illegal drugs.

Even in the midst of our debt-fueled prosperity, the number of Americans that are dependent on the government just continues to rise.

According to one recent survey, 55 percent of all Americans have received money from a safety net program run by the federal government at some point in their lives.

So how bad will things get when we eventually quit borrowing so much money and we start living within our means?

Nobody is looking forward to that day. Certainly not our politicians. They don’t want to be blamed for all of the painful adjustments that will happen once the party ends.

So they just keep borrowing and spending. But at some point the music will stop and the house of cards will come crashing down.

It won’t happen this week or this month, but it will happen soon enough.

I hope that you are ready.

27 Things That Every American Should Know About The National Debt

July 13, 2012July 12, 2012 by Michael

The U.S. government has stolen $15,876,457,645,132.66 from future generations of Americans, and we continue to add well over a hundred million dollars to that total every single day day. The 15 trillion dollar binge that we have been on over the past 30 years has fueled the greatest standard of living the world has ever seen, but this wonderful prosperity that we have been enjoying has been a lie. It isn’t real. We have been living way above our means for so long that we do not have any idea of what “normal” actually is anymore. But every debt addict hits “the wall” eventually, and the same thing is going to happen to us as a nation. At some point the weight of our national debt is going to cause our financial system to implode, and every American will feel the pain of that collapse. Under our current system, there is no mathematical way that this debt can ever be paid back. The road that we are on will either lead to default or to hyperinflation. We have piled up the biggest debt in the history of the world, and if there are future generations of Americans they will look back and curse us for what we did to them. We like to think of ourselves as much wiser than previous generations of Americans, but the truth is that we have been so foolish that it is hard to put it into words.

Whenever I do an article about the national debt, Democrats leave comments blaming the Republicans and Republicans leave comments blaming the Democrats.

Well you know what?

Both parties are to blame. Both of them get a failing grade.

If the Republicans really wanted to stop the federal government from running up all this debt they could have done it.

If the Democrats really wanted to stop the federal government from running up all this debt they could have done it.

So let’s not pretend that one of the political parties is “the hero” in this little drama.

The damage has been done, and both parties will go down in history as being grossly negligent on fiscal issues during this period of American history.

Sadly, neither party is showing any signs of changing their ways.

Neither Barack Obama nor Mitt Romney is promising to eliminate the federal budget deficit in 2013. They both talk about how the budget will be balanced “someday”, but as we have seen so many times in the past, “someday” never comes.

I didn’t mean to get all political in this article, but the truth is that the national debt threatens to destroy everything that previous generations have built, and our politicians continue to give us nothing but excuses.

The following are 27 things that every American should know about the national debt….

#1 It took more than 200 years for the U.S. national debt to reach 1 trillion dollars. In 1986, the U.S. national debt reached 2 trillion dollars. In 1992, the U.S. national debt reached 4 trillion dollars. In 2005, the U.S. national debt doubled again and reached 8 trillion dollars. Now the U.S. national debt is about to cross the 16 trillion dollar mark. How long can this kind of exponential growth go on?

#2 If the average interest rate on U.S. government debt rises to just 7 percent, the U.S. government will find itself spending more than a trillion dollars per year just on interest on the national debt.

#3 If right this moment you went out and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.

#4 Since Barack Obama entered the White House, the U.S. national debt has increased by an average of more than $64,000 per taxpayer.

#5 Barack Obama will become the first president to run deficits of more than a trillion dollars during each of his first four years in office.

#6 If you were alive when Jesus Christ was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.

#7 The U.S. national debt has increased by more than 1.6 trillion dollars since the Republicans took control of the U.S. House of Representatives. So far, this Congress has added more to the national debt than the first 97 Congresses combined.

#8 During the Obama administration, the U.S. government has accumulated more new debt than it did from the time that George Washington became president to the time that Bill Clinton became president.

#9 If Bill Gates gave every single penny of his fortune to the U.S. government, it would only cover the U.S. budget deficit for 15 days.

#10 As Bill Whittle has shown, you could take every single penny that every American earns above $250,000 and it would only fund about 38 percent of the federal budget.

#11 Today, the government debt to GDP ratio in the United States is well over 100 percent.

#12 A recently revised IMF policy paper entitled “An Analysis of U.S. Fiscal and Generational Imbalances: Who Will Pay and How?” projects that U.S. government debt will rise to about 400 percent of GDP by the year 2050.

#13 The United States already has more government debt per capita than Greece, Portugal, Italy, Ireland or Spain does.

#14 At this point, the United States government is responsible for more than a third of all the government debt in the entire world.

#15 The amount of U.S. government debt held by foreigners is about 5 times larger than it was just a decade ago.

#16 The U.S. national debt is now more than 22 times larger than it was when Jimmy Carter became president.

#17 It is being projected that the U.S. national debt will surpass 23 trillion dollars in 2015.

#18 Mandatory federal spending surpassed total federal revenue for the first time ever in fiscal 2011. That was not supposed to happen until 50 years from now.

#19 Between 2007 and 2010, U.S. GDP grew by only 4.26%, but the U.S. national debt soared by 61% during that same time period.

#20 The U.S. government has total assets of 2.7 trillion dollars and has total liabilities of 17.5 trillion dollars. The liabilities do not even count 4.7 trillion dollars of intragovernmental debt that is currently outstanding.

#21 U.S. households are now actually receiving more money directly from the U.S. government than they are paying to the government in taxes.

#22 The U.S. government is wasting your money on some of the stupidest things imaginable. For example, in 2011 the National Institutes of Health spent $592,527 on a study that sought to figure out once and for all why chimpanzees throw poop.

#23 If the federal government used GAAP accounting standards like publicly traded corporations do, the real federal budget deficit for last year would have been 5 trillion dollars instead of 1.3 trillion dollars.

#24 The Federal Reserve purchased approximately 61 percent of all government debt issued by the U.S. Treasury Department during 2011.

#25 At this point, the U.S. national debt is more than 5000 times larger than it was when the Federal Reserve was first created.

#26 If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 480,000 years to completely pay off the national debt.

#27 The official government debt figure does not even account for massive unfunded liabilities that the U.S. government will be hit with in the years ahead. According to Professor Laurence J. Kotlikoff, the U.S. government is facing a future “fiscal gap” of more than 200 trillion dollars.

As the U.S. economy continues to crumble, even more Americans are going to become financially dependent on the federal government.

For example, spending on food stamps has doubled since 2008. Millions of Americans have lost their jobs and have needed some assistance from the government. Since Obama became president the number of Americans on food stamps has gone from 32 million to 46 million.

But the Obama administration believes that a lot more Americans should be enrolled in the food stamp program. The Obama administration is now spending millions of dollars on ads that urge even more people to sign up for food stamps. In fact, their efforts to get even more Americans to sign up for food stamps have become very creative….

The government has been targeting Spanish speakers with radio “novelas” promoting food stamp usage as part of a stated mission to increase participation in the Supplemental Nutrition Assistance Program (SNAP), or food stamps.

Each novela, comprising a 10-part series called “PARQUE ALEGRIA,” or “HOPE PARK,” presents a semi-dramatic scenario involving characters convincing others to get on food stamps, or explaining how much healthier it is to be on food stamps.

I’m all for helping those that cannot feed themselves, but do we really need to run ads urging more people to become dependent on the government?

Of course Obamacare is going to cause our debt to balloon in size as well. It is being projected that Obamacare will add more than 2.6 trillion dollars to the U.S. national debt over the first decade alone.

So where are we going to get all this money?

We can’t keep spending money that we do not have. We have got to prioritize. Every single category of government spending needs to be cut.

But instead we feel like we can keep ripping off future generations of Americans and that we will always be able to get away with it.

What we have done to our children and our grandchildren is beyond criminal.

The truth is that we should have listened to the warnings of our founding fathers about government debt. For example, Thomas Jefferson once said that if he could add just one more amendment to the U.S. Constitution it would be a complete ban on all borrowing by the federal government….

I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.

Where would we be today if we had taken the advice of Thomas Jefferson?

That is something to think about.

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