In 28 out of 50 American states, you can be denied a job if you refuse to join a labor union and share a portion of your salary with your union bosses. Only 22 states currently have what are known as “right to work” laws which protect hard working Americans from rapacious unions. If a [...]
President Obama stated this week that under his proposed budget, “We will not be adding more to the national debt.” Unfortunately, Barack’s words are not backed up by his own numbers. Let’s look at the numbers which the White House has posted: Year Public Debt 2010 $9.019 trillion 2011 $10.856 trillion 2012 $11.881 trillion 2013 [...]
A recent poll by Pew Research was intended to highlight the differences between mainstream Republicans and Tea Party Republicans. While it achieved minor success at doing that, it also pointed out something far more significant — the Democrats still do not “get” the fact that the United States federal government is spending the nation into [...]
The US Debt Clock shows that 1,059,638 American families lost their homes to foreclosures in 2010. This us up approximately 10% from the record number of roughly 900,000 home foreclosures in 2009. In comparison, around 100,000 homes are foreclosed in a “normal” year. Continued unemployment and underemployment make it impossible for many borrowers to meet [...]
If you are an American taxpayer, you are more than one million dollars in debt. This may come as an unwelcome shock, as the median income for an American is only $28,567/year. What bank would loan a million dollars to a person who earns less than $30k/yr? This debt is not, by and large, a [...]
Because of the amount of money the government insists on taking from its citizens—both domestically and internationally—some have decided that it is better to drop American citizenship and look elsewhere for a new home. A little over 500 people renounced their citizenship to America in the 4th quarter of 2009. While this is a tiny [...]
