OBAMA ADMINISTRATION ADMITS TO FRAUD- Sebelius Tells Committee Dems Double-Counted $500 BILLION DOLLARS in Obamacare
March 4, 2011
By Jim Hoft
THE BIGGEST NEWS OF THE DAY—-
Not only did the Obama Administration add another $100 billion to the cost of Obamacare one month after the bill was rammed through Congress but today the Obama Administration admitted to fraud. The White House and Democrats double-counted $500 billion in Obamacare in order to make it look like the bill was going to save the American taxpayers some cash.
Last year Democrats said they were going to cover 30 million more people (Americans and others) with health insurance and they claimed it was going to save money. We knew they were lying then. This week they admitted they were lying.
Democrats told America “We’re just giddy” about saving money with Obamacare before they rammed it home.
It was a lie.
Friday, March 4, 2011
People Of Earth: Prepare For Economic Disaster
The Economic Collaspe
March 3, 2011
It is not just the United States that is headed for an economic collapse. The truth is that the entire world is heading for a massive economic meltdown and the people of earth need to be warned about the coming economic disaster that is going to sweep the globe. The current world financial system is based on debt, and there are alarming signs that the gigantic global debt bubble is getting ready to burst. In addition, global prices for the key resources that the major economies of the planet depend on are rising very rapidly. Despite all of our advanced technology, the truth is that human civilization simply cannot function without oil and food. But now the price of oil and the price of food are both increasing dramatically. So how is the current global economy supposed to keep functioning properly if it soon costs much more to ship products between continents? How are the billions of people that are just barely surviving today supposed to feed themselves if the price of food goes up another 30 or 40 percent? For decades, most of the major economies around the globe have been able to take for granted that massive amounts of cheap oil and massive amounts of cheap food will always be there. So what happens when that paradigm changes? Read More
FAO warns on oil as world food prices hit record
"Most of the world was already in the midst of currency devaluation and inflation before the crisis in the Middle East took shape, however, the spike in crude above $100 a barrel will make the situation much more visible in the next few months. Watch your store shelf prices carefully, and if you haven't started stocking foods and garden seeds, you had better begin now..."
March 3, 2011
By Brandon Smith
Global food prices hit a record high in February, the United Nations said Thursday, warning that further oil price spikes and stockpiling by importers keen to head off unrest would hit already volatile cereal markets.
Rising food prices are a growing global concern, partly fuelling the protests which toppled the rulers of Tunisia and Egypt in January and February, which in turn unleashed unrest in North Africa and the Middle East from Algeria to Yemen.
The U.N. Food and Agriculture Organization's Food Price Index hit its second straight record last month, driven by rising grain costs and tighter supply to further pass peaks seen in 2008 when prices sparked riots in several countries.... Read More
March 3, 2011
By Brandon Smith
Global food prices hit a record high in February, the United Nations said Thursday, warning that further oil price spikes and stockpiling by importers keen to head off unrest would hit already volatile cereal markets.
Rising food prices are a growing global concern, partly fuelling the protests which toppled the rulers of Tunisia and Egypt in January and February, which in turn unleashed unrest in North Africa and the Middle East from Algeria to Yemen.
The U.N. Food and Agriculture Organization's Food Price Index hit its second straight record last month, driven by rising grain costs and tighter supply to further pass peaks seen in 2008 when prices sparked riots in several countries.... Read More
The Only Way Out for the American Economy
The United States is sitting on the world's largest untapped oil reserve.
March 04, 2011
By Steve McCann
Economic despair reigns in America, as stagnation and mounting debt make our future look hopeless. Yet America is uniquely positioned to rebound and recover our economic preeminence. All that is necessary is a political decision to reverse our energy policy and stimulate domestic production of hydrocarbons. From that would flow a true economic stimulus that would mend many of our ills.
The United States is again, for the second time in less than three years, being reminded of its absurd dependence of foreign sources of energy, most notably, oil. The upheavals in the Middle East have driven up the cost of a barrel of oil into triple digits as it was in 2008. The increasing demands of countries such as China and India and the deliberate devaluation of the dollar by the Federal Reserve and the Obama administration are steadily pushing up oil prices in dollars.
The country's dependence of foreign sources has increased to 52% of the daily requirement as compared to 45% just 15 years ago. Over half of that amount comes from countries that are inherently unstable or ruled by despotic regimes whose interest it is to de-stabilize the United States.
Yet the United States is sitting on the world's largest untapped oil reserve. Read More
March 04, 2011
By Steve McCann
Economic despair reigns in America, as stagnation and mounting debt make our future look hopeless. Yet America is uniquely positioned to rebound and recover our economic preeminence. All that is necessary is a political decision to reverse our energy policy and stimulate domestic production of hydrocarbons. From that would flow a true economic stimulus that would mend many of our ills.
The United States is again, for the second time in less than three years, being reminded of its absurd dependence of foreign sources of energy, most notably, oil. The upheavals in the Middle East have driven up the cost of a barrel of oil into triple digits as it was in 2008. The increasing demands of countries such as China and India and the deliberate devaluation of the dollar by the Federal Reserve and the Obama administration are steadily pushing up oil prices in dollars.
The country's dependence of foreign sources has increased to 52% of the daily requirement as compared to 45% just 15 years ago. Over half of that amount comes from countries that are inherently unstable or ruled by despotic regimes whose interest it is to de-stabilize the United States.
Yet the United States is sitting on the world's largest untapped oil reserve. Read More
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