20 December 2010

60 Minutes Looks At "Day Of Reckoning" For Our Insolvent States

60 Minutes ran an alarming, short segment last night about states which are broke and which can no longer meet their promises.

One state, Arizona, has sold off the State Capitol building (along with several other buildings) to investors. Arizona then leases back the buildings.

Insolvent states are one of the biggest near-future cataclysms facing US taxpayers which gets little notice. As Governor Christie of New Jersey states, government workers employed by states and municipalities have got to realize their pensions are at risk, that if they don't sit down and try to renegotiate their pension deals, they might all wake up ten years from now without any pensions at all.

If you think the USA is well on the road to recovery, take a few minutes out of your busy day to watch this short segment from last night's 60 Minutes:


19 December 2010

Latest Street Riot In Greece

07 December 2010

Senator Bernie Saunders Tells The Truth About The War Against The Middle And Lower Classes

Had Senator Bernie Saunders (I-VT) given this speech before a million American middle class and lower class taxpayers and voters of either party, he would have been given the loudest standing ovation of any political speaker in decades.

This is one speech for the ages, folks. Pass it on to friends and family to let them know what is at stake with the lobbyists and Banksters now calling the shots in Congressional elections.


Peter Schiff on Unemployment, Gold, Silver, Taxes, Bonds and More

Stat Counter from 10 Nov 08