World War III : God Have Mercy On Us

The tensions in the Middle East are far too complex for most Americans to comprehend. What is happening in Israel and Gaza today will be written in our next generation's history books. Who they blame will depend on where Read more

America’s $224.8 Billion Interest Bill = 4.5 Million New Jobs

Posted on by Adam Forgione Posted in Accountability, Constitution, Debt, Economy, Federal Reserve | Leave a comment

America owes more money than any country on Earth. Although we owe China a large amount, most of our debt is owed to our very own beloved Federal Reserve who graciously collects interest on its IOU’s. That Ben Bernanke….what a swell guy!

To give you an idea of why our national debt is destroying us think about this.

The United States will pay $224.8 billion in interest this year (2012) on it’s $16 trillion reckless debt.

That money could have created 4.5 million “real” jobs at $50,000/yr.

Think about that…. It would bring our unemployment to 4.9%. In addition it would kickstart American production and drive our economy into prosperity, but instead that won’t happen because our congress can keep borrowing as much as it wants from The Federal Reserve and bill you for the interest. How does that make you feel?

Our debt is destroying us and will sure destroy our kids futures. Stop watching American Idol and do something this week. It’s our duty to question our government’s decisions when they are irresponsible.

Where does the government get that $224.8 billion to pay for it’s interest bill? Yep you guessed right, you and me and every other tax payer.

Click this link to see a disturbing visualization using $100 bills.

I recorded this video one night while thinking about how ridiculous it is that we allow the Federal Reserve to exist. The United States Constitution says congress prints the money, no one else. 

The Congress shall have power to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;

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Every American needs to see this movie

Posted on by Adam Forgione Posted in Accountability, Bailout, Capitalism, Constitution, Economy | Leave a comment

 

Movie Credit : The American Dream

This movie explains it all. Just set aside 30 minutes to watch this.

“The American Dream” can be found on their website.

Thewebsite is basically college for economics. It is filled with amazing resources. Every American should watch this film and absorb every bit of content on their site.

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WHO WOULD YOU TRUST?

Posted on by Adam Forgione Posted in Accountability, Debate, Democrat, Economy, Election, Obama, President, Republican, Romney, Voting | Leave a comment

As the presidential election nears, who can you really trust? According to Politifact, both President Obama and Governor Romney have been caught in plenty of lies. So it makes you wonder, will it really make a difference who you vote for? What happens if the reason you vote for one of them doesn’t get fulfilled? According to Politifact, Obama broke over 80 promises from the campaign trail in 2008. In case you didn’t know, there are many other candidates running for president this year. You can see a list of all candidate running for president here even though mainstream media doesn’t talk about them.

 

MITT ROMNEY LIES
1. “Regulations have quadrupled. The rate of regulations quadrupled under this president.”

2. “Redistribution” has “never been a characteristic of America.”

3. “Under Obama’s plan (for welfare), you wouldn’t have to work and wouldn’t have to train for a job. They just send you your welfare check.”

4. President Barack Obama is “ending Medicare as we know it.”

5. Ronald Reagan’s philosophy of “peace through strength” is why “the Iranians released the hostages on the same day and at the same hour that Reagan was sworn in.”

6. Says in the 2012 State of the Union address, President Obama “didn’t even mention the deficit or debt.”

7. The U.S. military is at risk of losing its “military superiority” because “our Navy is smaller than it’s been since 1917. Our Air Force is smaller and older than any time since 1947.”

8. “We’re only inches away from no longer being a free economy.”

9. President Obama “went around the world and apologized for America.”

10. “We’re inches away from no longer having a free economy.”

11. “A few months into office, (President Barack Obama) traveled around the globe to apologize for America.”

12. “We are only inches away from ceasing to be a free market economy.”

13. “I don’t describe your plan as amnesty in my ad. I don’t call it amnesty.”

14. “In one year, (President Obama) provided $90 billion in breaks to the green energy world … into solar and wind, to Solyndra and Fisker and Tesla and Ener1.”

15. Says President Obama has “doubled” the deficit.

16. “Right now, the (Congressional Budget Office) says up to 20 million people will lose their insurance as Obamacare goes into effect next year.”

17. When Mitt Romney was governor of Massachusetts, “we didn’t just slow the rate of growth of our government, we actually cut it.”

18. “Only one president has ever cut Medicare for seniors in this country . . . Barack Obama.”

19. Says Barack Obama “never worked in the private sector” before he was elected president.

20. “I don’t have lobbyists running my campaign.”

 

BARACK OBAMA LIES
1. Says Mitt Romney “called the Arizona law a model for the nation.”

2. “Under Gov. Romney’s definition … Donald Trump is a small business.”

3. “Over the last four years, the deficit has gone up, but 90 percent of that is as a consequence of” President George W. Bush’s policies and the recession.

4. “Fast and Furious” began under the Bush administration.

5. Mitt Romney “says the Arizona immigration law should be a model for the nation.”

6. Says Mitt Romney would deny gay people the right to adopt children.

7. “The only time government employment has gone down during a recession has been under me.”

8. “Under the Romney/Ryan budget, interest rates on federal student loans would be allowed to double.”

9. If the Supreme Court throws out the federal health care law, it “would be an unprecedented, extraordinary step of overturning a law that was passed by a strong majority of a democratically elected Congress.”

10. “For the first time since 1990, American manufacturers are creating new jobs.”

11. “Preventive care … saves money, for families, for businesses, for government, for everybody.”

12. “Thirty million Americans, including a lot of people in Florida, are going to be able to get healthcare next year because of that law.”

13. “I made a bunch of these promises during the campaign. … We’ve got about 60 percent done in three years.”

14. Under President Barack Obama, the United States has “doubled our exports.”

15. Says stories about his birth certificate drowned out media coverage of the Republican and White House budget plans the week of April 11.

16. The president’s proposed budget “will help reduce the deficit by $400 billion over the next decade to the lowest level since Dwight Eisenhower was president.”

17. Under the White House’s budget proposal, “we will not be adding more to the national debt” by the middle of the decade.

18. Twelve judges have thrown out legal challenges to the health care law because they rejected “the notion that the health care law was unconstitutional.”

19. “I didn’t raise taxes once.”

20. “No political appointees in an Obama-Biden administration will be permitted to work on regulations or contracts directly and substantially related to their prior employer for two years. And no political appointee will be able to lobby the executive branch after leaving government service during the remainder of the administration.”

Ben Swann from Fox’s Reality Check explains why there is only 2 candidates in the mainstream debates.FOX19.com-Cincinnati News, Weather

There will be a final debate on November 5 at 9pm EST and you can watch it here

I personally can’t trust either one of them. In my opinion I think the pressure will be too difficult on both of them and they will have to give back favors to their top campaign contributors. When this kind of money is involved, there is no way you can be honest all the time

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Max Keiser talks about bailouts in 60 seconds

Posted on by Adam Forgione Posted in Accountability, Bailout, Economy | 1 Comment

Max Keiser explains how America has accepted “failure to be rewarded” by allowing our reckless banks to get bailouts in order to save themselves. It’s interesting how he uses an analogy about baseball. When you get 3 strikes you’re out! It’s scary that Americans didn’t stop congress and say “wait a minute, there has to be a better way!” What kind of message does that send?

Now there were certainly an assortment of reasons for the 2008 crash including the homeowners who bought houses that they really couldn’t afford but we can’t just reward the 1% banks without rewarding the rest of us. It was a scary time for the public especially having to listen to the media spread a lot of fear explaining that we needed to bailout the banks or else the economic system would collapse. No one will ever know know. What if we let the banks fail and allow some of the smaller responsible banks to buy pieces at a great deal. It may have been painful but maybe we would be healthier and on the road to prosperity by now.

You can learn more about Max Keiser by visiting his site 

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