Common Folk Using Common Sense

Via American Institute for Economic Research: The purchasing power of the dollar in 1913, when the chart above begins, was close to what it was in the 1830s. As long as we were still on a gold standard (up to 1933), it was almost as though an external force was drawing the value of the [...]

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The number of currency bills in circulation is skyrocketing, yet based on nothing more than the “full faith and credit of the US Government”. What happens when the illusion ends and people around the world deem our currency worthless? Spread The Word:

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The picture below shows Raymeica Kelly holding up two power bills. Ms. Kelly is angry that she couldn’t get the taxpayers to pay her electric bills. She says she doesn’t have the money to pay her bills and is demanding that you and I pay them for her. Notice anything odd about the photo? Notice [...]

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A massive tax package preventing a big New Year’s Day tax hike for millions of Americans is on its way to President Barack Obama for his signature. The measure would extend tax cuts for families at every income level, renew jobless benefits for the long-term unemployed and enact a new one-year cut in Social Security [...]

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Via The American Dream: It is becoming increasingly apparent that the U.S. economy is heading for complete and total disaster. State and local governments across the nation are uncontrollably bleeding red ink. The federal government has accumulated the largest debt in world history. Every year we buy hundreds of billions of dollars more from the [...]

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“I don’t want to scare anyone but I am considering investing in barbed wire and guns, things are not looking good and rates are heading higher.” – Anthony Fry, senior managing director at Evercore Partners, discussing America’s current economic situation. http://www.cnbc.com/id/37549417 Anthony FrySpread The Word:

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Found at Newsbusters: * In January 2007 before the Democrats took over Congress, unemployment was 4.6 percent; now it’s 9.6 percent. * In January 2007 there were 7.1 million unemployed people in America; now there are 14.9 million. * In January 2007 the median home price was $210,600; today it’s $179,300. * In January 2007 [...]

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Taken from Macleans: U.S. unemployment rate is around 10%. One in 10 homeowners are behind on their mortgage payments. Home sales are at record lows. Ohio’s Ashtabula County sheriff department was cut again to 49 people and just one squad car for a county of 1,900 sq. km. The state of Michigan has converted at [...]

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From an editorial in the Union Leader: In the 1980s, fewer than a third of Americans received some sort of government benefits. That figure has risen to about 50 percent, At the same time, 45 percent of Americans pay no federal income taxes. If these trends are not reversed, we will soon reach a point [...]

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Starting in 2011 (next year folks) your W-2 tax form sent by your employer will be increased to show the value of whatever health insurance you are given by your employer. You will be required to pay taxes on a large sum of money that you have never seen before. Take your 2009 tax form [...]

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One in six Americans are now receiving government aid. More than 50 million Americans are on Medicaid. Close to 10 million receive unemployment insurance. More than 40 million people get food stamps. More than 4.4 million people are on welfare. With this many people receiving taxpayer dollars, is there any possibility of real economic reform? [...]

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Says American Thinker: So the following are facts, based on the government’s own figures. * Obama‘s stimulus, passed in his first month in office, will cost more than the entire Iraq War — more than $100 billion (15%) more. * Just the first two years of Obama’s stimulus cost more than the entire cost of [...]

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I will support just about any candidate that supports the FairTax … that’s how much I believe in this. The current maze of taxes keep free people in slavery. You may think the current progressive income tax is a heavy burden on you and your family, but do you have any concept of the dozens [...]

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The Contract From America: 1. Identify constitutionality of every new law: Require each bill to identify the specific provision of the Constitution that gives Congress the power to do what the bill does. 2. Reject emissions trading: Stop the “cap and trade” administrative approach used to control pollution by providing economic incentives for achieving reductions [...]

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