"Socialism is a philosophy of failure,
the creed of ignorance, and the gospel of envy,
its inherent virtue is the equal sharing of misery.."
-- Winston Churchill

Apple Now Has More Cash Than The U.S. Government!

According to the latest daily statement from the U.S. Treasury, the government had an operating cash balance of $73.8 billion at the end of the day yesterday. Apple's last earnings report (PDF here) showed that the company had $76.2 billion in cash and marketable securities at the end of June.
In other words, the world's largest tech company has more cash than the world's largest sovereign government. That's because Apple collects more money than it spends, while the U.S. government does not.
Read the rest of the story click here...

This Is What A Collapsing Ponzi Scheme Looks Like: Housing Market Headed Off A Cliff As A Shocking 10.8 Million Mortgages At Risk Of Default

You might want to sit down for this one. As bad as the housing crisis has been over the past three years, it has only been a warm up to what we have headed our way. Laurie Goodman, from Amherst Securities, has been tracking the housing market as well as anyone. She just presented her latest findings at the American Enterprise Institute and it is a horrific forecast, to say the least. As she puts it, “10.81 million homes are at risk of default over the next 6 years. Even if we try to be extremely conservative we can’t get the number below 8.7 million units.”
Read the rest of the story click here...

This is no longer about a faraway British tabloid scandal; it is about an out-of-control administration obsessed with retaining its grip on power.

President Obama is targeting critics in the media. This is no longer about a faraway British tabloid scandal; it is about an out-of-control administration obsessed with retaining its grip on power.

CLICK HERE TO READ THE STORY IN THE WASHINGTON TIMES...

Broke! 10 Facts About The Financial Condition Of American Families That Will Blow Your Mind!

#1 Only 58 percent of Americans have a job right now.

#2 Only 56 percent of Americans are currently covered by employer-provided health insurance.

#3 The median yearly wage in the United States is $26,261.

#4 The average American household is carrying $75,600 in debt.

#5 Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.

#6 At this point, American families are approximately 7.7 trillion dollars poorer than they were back in early 2007.

#7 The poorest 50% of all Americans now own just 2.5% of all the wealth in the United States.

#8 According to one study, approximately 21 percent of all children in the United States were living below the poverty line in 2010.

#9 Today, there are more than 44 million Americans on food stamps, and nearly half of them are children.

#10 According to Newsweek, close to 20 percent of all American men between the ages of 25 and 54 do not have a job at the moment.

Read the rest of the story click here...

GOVERNMENT GONE WILD! SHOCK VIDEO: The Video Congress Does NOT Want You To See!

KUHNER: OBAMA'S CUTURE OF DEATH. Promoting abortion is key to smashing the family and traditional morality.

President Obama is on the verge of achieving his liberal revolution. His goal is to destroy our Judeo-Christian culture and replace it with European-style radical secularism.

The administration is now contemplating forcing health insurance companies to provide free birth control - including the “morning-after” pill - as part of Obamacare. The Department of Health and Human Services (HHS) is seriously considering adding contraception to the list of services that must be fully covered by insurers without charging co-payments. HHS is expected to make its final decision before Aug. 1. In other words, Mr. Obama’s government-run health care system may easily include another monstrosity: mandating that taxpayers subsidize the “morning-after” pill.

REAd THE REST OF THE STORY CLICK HERE...

KUHNER: Barack’s bumbling breakdown... Adolescent walkout reveals president’s desire to manufacture calamity.

President Obama is on the verge of a crackup. The debt-limit talks are beginning to take their toll. On Wednesday, the president stormed out of a meeting with House Majority Leader Eric Cantor. Like a petulant adolescent, Mr. Obama blamed the Virginia Republican for opposing a “grand bargain.”

Yet Mr. Obama is to blame for the current political crisis. He refused to engage in discussions about lifting the debt ceiling until very late in the process. He has not been serious about controlling runaway deficits. In fact, the budget he proposed earlier this year dramatically boosted federal spending. It was voted down in the Senate 97-0. Even Democrats considered it irresponsible and reckless.

Mr. Obama has buried America under a mountain of debt. READ THE REST OF THE STORY CLICK HERE...

KUHNER: President’s socialist takeover must be stopped! 1ST PUBLIC NEWSPAPER TO CALL FOR IMPEACHMENT!

President Obama has engaged in numerous high crimes and misdemeanors. The Democratic majority in Congress is in peril as Americans reject his agenda. Yet more must be done: Mr. Obama should be impeached.

He is slowly - piece by painful piece - erecting a socialist dictatorship. We are not there - yet. But he is putting America on that dangerous path. He is undermining our constitutional system of checks and balances; subverting democratic procedures and the rule of law; presiding over a corrupt, gangster regime; and assaulting the very pillars of traditional capitalism. Like Venezuela’s leftist strongman, Hugo Chavez, Mr. Obama is bent on imposing a revolution from above - one that is polarizing America along racial, political and ideological lines. Mr. Obama is the most divisive president since Richard Nixon. His policies are Balkanizing the country. It’s time for him to go.

READ THE REST OF THE STORY CLICK HERE....

Spenditol - take only as directed!

Return of Mass Layoffs a Grim Sign for U.S. Workers

Too Big To Fail?: 10 Banks Own 77 Percent Of All U.S. Banking Assets

Back during the financial crisis of 2008, the American people were told that the largest banks in the United States were "too big to fail" and that was why it was necessary for the federal government to step in and bail them out. The idea was that if several of our biggest banks collapsed at the same time the financial system would not be strong enough to keep things going and economic activity all across America would simply come to a standstill. Congress was told that if the "too big to fail" banks did not receive bailouts that there would be chaos in the streets and this country would plunge into another Great Depression. Since that time, however, essentially no efforts have been made to decentralize the U.S. banking system. Instead, the "too big to fail" banks just keep getting larger and larger and larger. Back in 2002, the top 10 banks controlled 55 percent of all U.S. banking assets. Today, the top 10 banks control 77 percent of all U.S. banking assets. Unfortunately, these giant banks are also colossal mountains of risk, debt and leverage. They are incredibly unstable and they could start coming apart again at any time. None of the major problems that caused the crash of 2008 have been fixed. In fact, the U.S. banking system is more centralized and more vulnerable today than it ever has been before. READ THE REST OF THE STORY CLICK HERE...

RON PAUL SAYS IT BEST...CANCEL THE DEBT WITH THE FED.

HOOSIERS SHOW HOW IT’S DONE: INDIANA POSTS A SURPLUS AND DEMS ARE UNHAPPY

Indiana State Auditor Tim Berry announced the news on Thursday: the state posted a $1.2 billion surplus in the state budget. Considering that that the nation is in the middle of a nationwide recession, this may come as a surprise to many

Indiana’s fiscal year ended June 30 with the state having $400 million, or 40 percent more money in its coffers than it had at the same time last year.

“We’re showing . . . that you can manage a budget by reducing expenditures and not raising taxes,” said Berry.
Read the rest of the story click here...

65 Ways That Everything That You Think That You Own Is Being Systematically Taken Away From You!

Everything that you own is slowly being taken away from you. It is being done purposely and it is being done by design. Many Americans like to think of themselves as "well off", but as will be demonstrated below, we don't "own" nearly as much as we think that we do.

Read all 65 ways click here...

Will The Banksters And The Corpocracy Eventually Own It All? 29 Statistics About Extreme Income Inequality In America That Will Blow Your Mind

#1 In the United States today, the richest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

#2 The wealthiest 1% of all Americans now own more than a third of all the wealth in the United States.

#3 The wealthiest 1% of all Americans own over 50% of all the stocks and bonds.

#4 The poorest 50% of all Americans collectively own just 2.5% of all the wealth in the United States.

#5 According to a joint House and Senate report entitled "Income Inequality and the Great Recession", the top one percent of income earners in the United States brought in a total of 10.0 percent of all income income in 1980, but by the time 2008 had rolled around that figure had skyrocketed to 21.0 percent.

Read the rest of the story click here...

RETURN OF THE GOLD STANDARD AS WORLD ORDER UNRAVELS!

As the twin pillars of international monetary system threaten to come tumbling down in unison, gold has reclaimed its ancient status as the anchor of stability. The spot price surged to an all-time high of $1,594 an ounce in London, lifting silver to $39 in its train.

"One of the big US banks texted me today to say that if QE3 actually happens, we could see gold at $5,000 and silver at $1,000. I feel terribly sorry for anybody on fixed incomes tied to a fiat currency because they are not going to be able to buy things with that paper money.

Read the rest of the story click here...

MAJOR ACORN DONOR SCORES BIG IN SECOND QUARTER

JPMorgan Chase & Co., who contributed upwards of $695,132 to president Obama’s 2008 campaign (more than three times the $228,107 McCain received*), reported Thursday that it earned $5.4 billion, or $1.27 per share in the three months ending in June.

The company saw their income rise by 13 percent as the bank collected higher fees from equity and debt underwriting in its investment banking business (“underwriting” is when a financial institution brings newly issued securities to a group of public or private investors). Read the rest of the story click here...

RON PAUL FIRST TV AD

Bernanke Fights Ron Paul In Congress: Gold Isn’t Money

Paul asked Bernanke why central banks didn’t hold diamonds, clearly hinting at his fiat money criticism of the U.S. monetary system. The Fed Chairman told Rep. Paul it was nothing more than tradition, and, as he was attempting to develop his argument, Rep. Ron Paul quickly asked the acting authority of the House of Representative’s Committee on Financial Services, Rep. Bacchus, to excuse him for exceeding his time, as he returned the floor to the Committee.

MOODY’S BLUES: MAJOR AGENCY THREATENS TO DOWNGRADE U.S. CREDIT RATING

Moody’s Investors Service, one of the world’s most respected and widely utilized sources for credit ratings, threatened to lower the United States’ credit rating, citing the likelihood that the government will default on its debt.

The credit rating agency said it will have to adjust the government’s triple-A bond rating, the highest rating awarded by Moody, because the White House and Congress are running out of time to raise the nation’s borrowing limit and avoid a default.

Read the rest of the story click here...

by Mychal Massie - When will Obama crack in public?

At a time when many Americans can barely afford Burger King and a movie, Obama boasts of spending a billion dollars on his re-election campaign. Questioned at a recent appearance about the spiraling fuel costs, Obama said, "Get used to it" – and with an insouciant grin and chortle, he told another person at the event, who complained about the effect high fuel prices were having on his family, to "get a more fuel-efficient car."

The Obamas behave as if they were sharecroppers living in a trailer and hit the Powerball, but instead of getting new tires for their trailer and a new pickup truck, they moved to Washington. And instead of making possum pie, with goats and chickens in the front yard, they're spending and living large at taxpayer expense – opulent vacations, gala balls, resplendent dinners and exclusive command performances at the White House, grand date nights, golf, basketball, more golf, exclusive resorts and still more golf.

Read the rest of the story: When will Obama crack in public? http://www.wnd.com/index.php?fa=PAGE.view&pageId=288657#ixzz1S3HMYo58

Tonight Tens Of Thousands Of Formerly Middle Class Americans Will Be Sleeping In Their Cars

What St. Petersburg does to the homeless...

TSA PUBLIC SAFETY OR PUBLIC INDOCTRINATION?

MOTHER ARRESTED AFTER REFUSING TO LET TSA GROPE HER DAUGHTER...
Didn't want her 'touched inappropriately or crotch grabbed'...

Wheelchair Couple Tells of Being 'Search Raped'...

TSA child pat-down video spurs new legislation

“I believe that God designed marriage as a divine institution to protect our families and our culture and our society, and so it goes against His plan

NEW YORK TOWN CLERK QUITS OVER GAY MARRIAGE LEGALIZATION...
A town clerk in upstate New York was faced with a difficult decision. Should she choose God — or her job? She opted for the former and says she’s resigning over her religious opposition to gay marriage. Read the rest of the story here...

"SHIFTY" A REAL AMERICAN HERO.

"Shifty" By Chuck Yeager

Shifty volunteered for the airborne in WWII and served with Easy Company of the 506th Parachute Infantry Regiment, part of the 101st Airborne Infantry. If you've seen Band of Brothers on HBO or the History Channel, you know Shifty. His character appears in all 10 episodes, and Shifty himself is interviewed in several of them.

I met Shifty in the Philadelphia airport several years ago. I didn't know who he was at the time. I just saw an elderly gentleman having trouble reading his ticket. I offered to help, assured him that he was at the right gate, and noticed the "Screaming Eagle," the symbol of the 101st Airborne, on his hat.

Making conversation, I asked him if he'd been in the 101st Airborne or if his son was serving. He said quietly that he had been in the 101st. I thanked him for his service, then asked him when he served, and how many jumps he made.

Quietly and humbly, he said "Well, I guess I signed up in 1941 or so, and was in until sometime in 1945 ..." at which point my heart skipped. At that point, again, very humbly, he said "I made the 5 training jumps at Toccoa, and then jumped into Normandy . . . do you know where Normandy is?" At this point my heart stopped. I told him "yes, I know exactly where Normandy is, and I know what D-Day was." At that point he said "I also made a second jump into Holland , into Arnhem ." I was standing with a genuine war hero ... and then I realized that it was June, just after the anniversary of D-Day.

I asked Shifty if he was on his way back from France , and he said "Yes... And it 's real sad because, these days, so few of the guys are left, and those that are, lots of them can't make the trip." My heart was in my throat and I didn't know what to say.

I helped Shifty get onto the plane and then realized he was back in coach while I was in First Class. I sent the flight attendant back to get him and said that I wanted to switch seats. When Shifty came forward, I got up out of the seat and told him I wanted him to have it, that I'd take his in coach.

He said "No, son, you enjoy that seat. Just knowing that there are still some who remember what we did and who still care is enough to make an old man very happy." His eyes were filling up as he said it. And mine are brimming up now as I write this.

Shifty died on Jan. l7 after fighting cancer. There was no parade. No big event in Staples Center . No wall-to-wall, back-to-back 24x7 news coverage. No weeping fans on television. And that's not right!

Let's give Shifty his own memorial service, online, in our own quiet way. Please forward this email to everyone you know. Especially to the veterans. Rest in peace, Shifty.

Chuck Yeager, Maj. General [ret.]

P.S. I think that it is amazing how the "media" chooses our "heroes" these days...
Michael Jackson & the like!

"SHIFTY" - an incredible American hero
SHIFTY DIED JAN 17, 2011..........May God rest his soul.
Please do me a favor and pass this on so that untold thousands can
read it. We owe no less to our REAL heroes...

OMAHA SCHOOLS SPEND $130,000 IN STIMULUS MONEY TO BUY 8,000 ‘SOCIAL JUSTICE’ DIVERSITY MANUALS

If I told you that your tax dollars (130,000 of them) went to buying a “diversity” manual that asserts the government and other institutions create advantages that “channel wealth and power to white people” and calls on educators to “take action for social justice,” what would you do? And if I told you that such a manual was required staff reading in Omaha, NE schools, what would you say?

Don’t believe me? Read on to learn about “The Cultural Proficiency Journey: Moving Beyond Ethical Barriers Toward Profound School Change.”

The book is a manifesto on cultural awareness. But what it calls for, some might say, is quite counter-cultural. The Omaha World-Herald details some of the work’s jaw-dropping statements.

For example, the book includes a quiz that determines a teacher’s cultural proficiency. Read the rest of the story...

Rampant Unemployment = The Death Of The Middle Class - 40 Facts That Prove The Working Class Is Being Systematically Wiped Out

Take a few moments to read over the facts compiled below. Taken together, they provide compelling evidence that the working class is being systematically wiped out....

#1 Right now, the U.S. government says that 14.1 million Americans are unemployed.

#2 There are fewer payroll jobs in the United States today than there were back in 2000 even though we have added 30 million people to the population since then.

#3 The number of Americans that are "not in the labor force" is at an all-time high.

#4 The United States has never had an employment downturn this deep and this prolonged since World War 2 ended.

#5 There are officially 6.3 million Americans that have been unemployed for more than 6 months. That number has risen by more than 3.5 million in just the past two years.

Read the other 35 facts here....

Morning Bell: An Economy in Panic!!!

There’s no good way to spin the news that came out of today’s monthly U.S. jobs report. The economy generated only 18,000 total new jobs, the unemployment rate increased to 9.2 percent, and the number of unemployed Americans has gone up by 445,000. In other words, the recovery appears to have slowed markedly. President Barack Obama’s stimulus-infused “recovery” refuses to ignite, unsurprisingly to all but him.
And to make matters worse, May’s paltry job growth numbers were revised even farther downward, from the initial estimate of 54,000 to 25,000. Sadly, the record continues—the Obama recovery remains the weakest recovery of the post–World War II era. In past recessions, employment fully recovered within two to three years. Today, U.S. job growth is stopped dead in its tracks. Here is the rest of the story...

THE COLLAPSE IN DISCRETIONARY SPENDING

“The chart below shows how much real per capita (to account for differing rates of population growth over time) discretionary services expenditures fell from their previous peak—a zero value in this chart means that these expenditures were above their previous peak. The drop in discretionary services expenditures in the last recession was much more severe than in previous recessions: the nearly 7 percent fall from the peak is more than double the percentage decline in the early 1980s recession (the previous “champion” in this dimension).” READ MORE...

THE UNSEEN WAR ON AMERICAN FARMS. PLEASE WATCH.

NUMBER ONE? 20 NOT SO GOOD CATEGORIES THAT THE UNITED STATES LEADS THE WORLD IN...

If you do not believe that America is in bad shape, just read the list below. The following are 20 not so good categories that the United States leads the world in....

#1 The United States has the highest incarceration rate in the world and the largest total prison population on the entire globe.

#2 According to NationMaster.com, the United States has the highest percentage of obese people in the world.

#3 The United States has the highest divorce rate on the globe by a wide margin.

#4 The United States is tied with the U.K. for the most hours of television watched per person each week.

#5 The United States has the highest rate of illegal drug use on the entire planet.

TO READ THE OTHER 15 THINGS THE US LEADS THE WORLD IN CLICK HERE!

The Elite Are Not Even Trying To Hide How Much They Hate The U.S. Constitution Anymore

In the United States today, it is becoming increasingly fashionable to openly trash the U.S. Constitution. Many among the elite are not even trying to hide how much they hate the U.S. Constitution anymore...At more than 90 percent of the law schools in the United States today, the U.S. Constitution is portrayed as a hopelessly outdated document that is in desperate need of revision or it is portrayed as a "living, breathing document" that we are free to alter as society "progresses". In law schools across the country, law students are being taught that our founding fathers were racist, sexist, homophobic bigots that did the best that they could at the time. READ THE REST OF THE STORY HERE!

OBAMA CARE. WHAT COULD GO WRONG?

Let me get this straight . . . ...

We're going to be "gifted" with a health care
plan that we are forced to purchase and
fined if we don't,
Which purportedly covers at least
ten million more people,
without adding a single new doctor,
but provides for 16,000 new IRS agents,
written by a committee whose chairman
says he doesn't understand it,
passed by a Congress that didn't read it but
exempted themselves from it,
and signed by a President who smokes,
with funding administered by a treasury chief who
didn't pay his taxes,
for which we'll be taxed for four years before any
"benefits" take effect,
by a government which has
already bankrupted Social Security and Medicare,
all to be overseen by a surgeon general
who is obese, W.
and financed by a country that's broke!!!!!
What the hell could
possibly go wrong???

ERIC HOLDER OBSTRUCTING JUSTICE? SAY IT ISN'T SO. Justice Department Obstructing ‘Fast and Furious’ Gun Probe, ATF Director Says

EGYPTIAN PARTY LEADER CLAIMS HOLOCAUST IS ‘A LIE,’ 9/11 WAS ‘MADE IN THE U.S.A.’

I PLEDGE ALLEGIANCE TO THE FLAG

I PLEDGE ALLEGIANCE TO THE FLAG,
OF THE UNITED STATES OF AMERICA ,
AND TO THE REPUBLIC, FOR WHICH IT STANDS,
ONE NATION, UNDER GOD,
INDIVISIBLE, WITH LIBERTY
AND JUSTICE FOR ALL!

We must never forget who gets the credit for the freedoms we have,
of which we should be eternally grateful. Enjoy Your Freedom
and God Bless Our Troops.

When you receive this, please stop for a moment
and say a prayer for our servicemen.

DIRTY SPENDING SECRETS OF WASHINGTON DC

This is the best site for tracking the out-of-control wastful spending by the morons we elect in Washington. Click on this site:
http://www.dirtyspendingsecrets.com/

Obama at the Bat

4 Little Charts Show the Coming Depression

You don’t have to be a conservative or a liberal, or anything at all, to understand that America is about to be flattened by a tidal wave of debt.

Just consider the following charts....Read the rest of the story...

GASP: 1 IN 4 AMERICANS DON’T KNOW WHICH COUNTRY AMERICA DECLARED ITS INDEPENDENCE FROM

Americans, on the whole, should probably spend a little more time educating themselves about their homeland and a little less time barbecuing this weekend. According to a new poll released earlier today by Marist, a substantial portion of the nation appears confused about the most basic details of America’s founding. Read the rest of the story....