Posted in Financial Crisis, Government Corruption, Republic, Revolution, Stimulus, U.S. Government, Universal Health Care, stimulus bill, stimulus package, taxation on Oct 5th, 2009 No Comments »
Parliamentarian Daniel Hannan has stated that his countrymen need us individual Americans to stand up for the cause of freedom and liberty to repatriate their country with the seeds that were originally sewn over here by their fathers in our colonies. He speaks of the greatness of our Constitution and how we must stand up and enforce the rule of law, therein, that holds our elected representatives accountable to us and our will, not theirs.
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As long as every patient has some “skin” in the game in terms of paying for a significant portion of the bill, say 20% or so, he or she will make the best choices available based on their own private ability to pay, desires, and personal risk assessment. Obviously if all prices are publically available most people will go to the place with the lowest cost for the best possible likely outcome.
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Posted in Economic Collapse, Financial Crisis, Freedom, Income Taxes, Inflation, The Federal Reserve, The Matrix, U.S. Government, economy, taxation on Oct 5th, 2009 No Comments »
Those who do cling to the absurd belief that, absent exponential productivity gains, the economy can expand while workers are being laid off will undergo a massive test of their convictions now that it’s clear the employment picture is bleak. Today’s weaker-than-expected report on non-farm payrolls revealed that employers shed 263,000 jobs in September. The losses propelled the headline unemployment rate to a 26-year high of 9.8%. U6, the Bureau of Labor Statistics’ most complete measure of unemployment, has risen to a dismal 17%. This figure includes those people who want to work full time, but have simply given up looking, or who have accepted part-time work in the interim. As it is similar to the methodology used during the Great Depression, U6 offers better historical perspective on the severity of our current crisis.
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