Job force Hits New Low but Unemployment Goes down?

There are less people in the work force since 1979 with 90 million people no longer even attempting to find a job.  However, if you look at the unemployment numbers, they would suggest a different picture.  Right now, the unemployment rate is hovering around 7.6%, but if you included those who can work who don’t, it would be around 17%!  This tends to paint a different picture.

It doesn’t take a mathematician to realize that having less people in the workforce (and subsequently not paying income tax) hurts the economy.  A healthy economy needs to have a good amount of cash flow exchanging hands, investment go up and people relying on a job over the government.

According to ZeroHedge.com:

Things just keep getting worse for the American worker, and by implication US economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work .The best manifestation of this: the number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers. And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% – the lowest since 1979! But at least it helped with the now painfully grotesque propaganda that the US unemployment rate is “improving.”

People not in labor force:

Labor Force

Labor participation rate:

Labor Force Rate

Social Security… an entitlement? I think not

THE ONLY THING WRONG WITH THE GOVERNMENT’S CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!! WHERE DID THAT MONEY GO?

Remember, not only did you and I contribute to Social Security but your employer did, too. It totaled 15% of your income before taxes. If you averaged only $30K over your working life, that’s close to $220,500.

Read that again. Did you see where the Government paid in one single penny? We are talking about the money you and your employer put in a Government bank to insure you and I that we would have a retirement check from the money we put in, not the Government. Now they are calling the money we put in an entitlement when we reach the age to take it back. If you calculate the future invested value of $4,500 per year (yours & your employer’s contribution) at a simple 5% interest (less than what the govt. pays on the money that it borrows), after 49 years of working you’d have $892,919.98. If you took out only 3% per year, you’d receive $26,787.60 per year and it would last better than 30 years (until you’re 95 if you retire at age 65) and that’s with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month.

Another thing with me…. I have two deceased husbands who died in their 50’s, (one was 51 and the other one was 59 before one percent of their social security could be drawn. I worked all my life and am drawing 100% on my own social security). Their S.S. money will never have one cent drawn from what they paid into S.S all their lives.

THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.

Entitlement my foot, I paid cash for my social security insurance! Just because they borrowed the money for other government spending, doesn’t make my benefits some kind of charity or handout!!

Remember Congressional benefits? — free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days. Now that’s welfare, and they have the nerve to call my social security retirement payments entitlements?

Our retired seniors living on a ‘fixed S.S. income’ receive no additional federal aid nor do they get any financial breaks, while our government and religious organizations pour hundreds of billions of $$$ and tons of food to foreign countries!

They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives, and now, when it’s time for us to collect, the government is running out of money. Why did the government borrow from it in the first place? It was supposed to be in a locked box, not part of the general fund.

Sad isn’t it?

Becoming Illegal. Get your Forms NOW. This is an excellent offer

Becoming Illegal (Actual letter from an Iowa resident sent to his senator)

The Honorable Tom Harkin
731 Hart Senate Office Building
Phone (202) 224 3254
Washington DC, 20510

Dear Senator Harkin,

As a native Iowan and excellent customer of the Internal Revenue Service, I am writing to ask for your assistance. I have contacted the Department of Homeland Security in an effort to determine the process for becoming an illegal alien and they referred me to you.

My primary reason for wishing to change my status from U.S. Citizen to illegal alien stems from the bill which was recently passed by the Senate and for which you voted. If my understanding of this bill is accurate, as an illegal alien who has been in the United States for five years, all I need to do to become a citizen is to pay a $2,000 fine and income taxes for only three of the last five years. I know a good deal when I see one and I am anxious to get the process started before everyone figures it out.

Simply put, those of us who have been here legally have had to pay taxes every year so I’m excited about the prospect of avoiding two years of taxes in return for paying a $2,000 fine. Is there any way that I can apply to be illegal retroactively? This would yield an excellent result for me and my family because we paid heavy taxes in 2008 and 2009.

Additionally, as an illegal alien I could begin using the local emergency room as my primary health care provider. Once I have stopped paying premiums for medical insurance, my accountant figures I could save almost $10,000 a year.

Another benefit in gaining illegal status would be that my daughter would receive preferential treatment relative to her law school applications, as well as ‘in-state’ tuition rates for many colleges throughout the United States for my son.

Lastly, I understand that illegal status would relieve me of the burden of renewing my driver’s license and making those burdensome car insurance premiums. This is very important to me, given that I still have college age children driving my car.

If you would provide me with an outline of the process to become illegal (retroactively if possible) and copies of the necessary forms, I would be most appreciative. Thank you for your assistance

Your Loyal Constituent,
(hoping to reach ‘illegal alien’ status rather than just a bonafide citizen of the USA)
Donald Ruppert
Burlington , IA

Social Security Income in now Federal Benefit Payment

elvis_social_security_card_1950

 

Pay attention to your next Social Security income, whether you get a check or an electronic deposit….note what it is now called…see below.. Have you noticed, your Social Security check is now referred to as a “Federal Benefit Payment”? I’ll be part of the one percent to forward this. I am posting it because it touches a nerve in me, and I hope it will in you. Please share this post with others until everyone in our country has read it. The government is now referring to our Social Security checks as a “Federal Benefit Payment.” This isn’t a benefit – its earned income! Not only did we all contribute to Social Security but our employers did too. It totaled 15% of our income before taxes. If you averaged $30K per year over your working life, that’s close to $180,000 invested in Social Security. If you calculate the future value of your monthly investment in social security ($375/month, including both you and your employer’s contributions) at a meager 1% interest rate compounded monthly, after 40 years of working you’d have more than $1.3+ million dollars saved! This is your personal investment.Upon retirement, if you took out only 3% per year, you’d receive $39,318 per year, or $3,277 per month. That’s almost three times more than today’s average Social Security benefit of $1,230 per month, according to the Social Security Administration (Google it – it’s a fact).

And your retirement fund would last more than 33 years (until you’re 98 if you retire at age 65)! I can only imagine how much better most average-income people could live in retirement if our government had just invested our money in low-risk interest-earning accounts.Instead, the folks in Washington pulled off a bigger Ponzi scheme than Bernie Madoff ever did.They took our money and used it elsewhere. They “forgot” that it was OUR money they were taking. They didn’t have a referendum to ask us if we wanted to lend the money to them. And they didn’t pay interest on the debt they assumed. And recently, they’ve told us that the money won’t support us for very much longer. But is it our fault they misused our investments? And now, to add insult to injury, they’re calling it a “benefit,” as if we never worked to earn every penny of it. Just because they “borrowed” the money, doesn’t mean that our investments were a charity!

A 31 year old video clip ABSOLUTELY worth your time

This is Phil Donahue interviewing Milton Friedman thirty years ago.

These are the simple facts of human nature. If people don’t have free rides to lives of sedentary consumption, they have to earn their livings. To earn a living you need to produce value to others that creates a surplus for you to supply your own means to survival. You produce with your labor and/or with your brain. To the degree that you produce more than similar others (now your Global friends and neighbors) your rewards grow at a greater rate. Some people are bigger and stronger than others, so if society values and rewards those skills above others these people have an advantage. Good or bad, it is simply a fact. Since not everyone can be bigger and stronger, the mind is the equalizer. If you educate your mind continuously you will learn other skills or invent things of value. Working smarter and harder is a good combination for you to create more than enough to sustain yourself and allows you to help and/or employ others so they can produce more than they consume. This is only possible in a democratic, free-enterprise society. History shows that socialist or communist societies are created and can only exist by taking the surplus developed through free enterprise, but since such societies under produce for what they consume they fail. Such is the case when the Federal Government of a Free Enterprise Society takes increasingly more from it’s peoples’ productivity and spends it without reasonable controls. Federal Governments produce no surplus for its people, in fact it does not produce anything but expense. That is what we are living through in our own Country. Somewhere along the line, the government lost site of its role, spent more money than its people could produce, then blamed the problem on its people.

Even if you aren’t a Sports Fan this is Very Interesting

NFL vs NBA. You pick…..

nflnba

  • 36 have been accused of spousal abuse
  • 7 have been arrested for fraud
  • 19 have been accused of writing bad checks
  • 117 have directly or indirectly bankrupted at least 2 businesses
  • 3 have done time for assault
  • 71 cannot get a credit card due to bad credit 
  • 14 have been arrested on drug-related charges
  • 8 have been arrested for shoplifting
  • 21 currently are defendants in lawsuits
  • 84 have been arrested for drunk driving in the last year !


Can you guess which organization this is? 

Is it the NFL Or NBA?

Give up yet? Neither, it’s the 535 members of the United States Congress

congress

The same group of idiots that crank out hundreds of new laws each
year designed to keep the rest of us in line. Think before you vote, ask questions before you vote. Get educated before you vote.

Obamaville Song for 2013

A funny song sung to the tune of Margaritaville and inspired by Rush Limbaugh. This parody has original lyrics by Rick White and sung by Jack Anderson. Both of Charleston, West Virginia. When the most under qualified person to be nominated for the office in modern history wins election and the most manifestly inept person to hold the office gets reelected then yes, the world (or at least the country) seems to have gone insane.

This song is more than true…for millions of sucker Americans…who will soon loose any & all assistance from the government. While they wait for you to beg for their fema camp imprisonments. Along with an ID chip with all your info and a single dose of cyanide poison they can activate to kill you at their will! … Things are not good in America… most are asleep to what is going on around us. Stand up for your country, we need to put the breaks on this out of control strange evil government!

Rubio rips Obama, says his plans will hurt middle class

Senator (R-FL) Marco Rubio

Claiming Barack Obama thinks a “free enterprise economy” is “the cause of our problems” — not, as he sees it, the solution — Sen. Marco Rubio argued Tuesday that the president’s proposals would hurt middle class citizens more than help them. “Mr. President, I don’t oppose your plans because I want to protect the rich,” the Florida Republican said in his rebuttal to Obama’s State of the Union address. “I oppose your plans because I want to protect my neighbors.” The 35-year-old lawmaker, viewed as a possible presidential candidate and declared by Time magazine as “The Republican Savior,” was tapped to give his party’s response to the speech. Sen. Rand Paul, R-Kentucky, also rebutted Obama on behalf of the conservative tea party caucus. Rubio largely kept to his prepared remarks, except when he abruptly stopped talking about halfway through to reach for a drink of water.

The son of Cuban immigrants referred emotively to his personal story and that of his family, though his policy criticisms and proposals were largely in line with prevailing mainstream and, in some cases, conservative Republican thinking.
On immigration, for instance — on which Rubio has been one of his party’s most outspoken proponents of efforts to “modernize” the current system — he didn’t mention his past support of a route to citizenship for undocumented immigrants now in the United States. The senator did generally advocate “a responsible, permanent solution to the problem of those who are here illegally.” But he added that first, “we must follow through on the broken promises of the past to secure our borders and enforce our laws.” Speaking about gun control measures — one of the most emotional parts of Obama’s State of the Union speech — Rubio said he was for “effectively” dealing with such violence, then added, “But unconstitutionally undermining the Second Amendment rights of law-abiding Americans is not the way to do it.”

He sharply criticized Obama on many fronts. The president, Rubio claimed, had unfairly cast Republicans as opposing the environment and seniors, and only caring about rich people. He contended that it was Obama who — if his plans are enacted — would hurt the majority of Americans by preventing the economy from growing. “The tax increases and the deficit spending you propose will hurt middle class families,” Rubio said, referring to Obama. “It will cost them their raises. It will cost them their benefits. It may even cost some of them their jobs.” His remarks often reflected the sharp partisan divide on budgetary matters. Top Democrats, including Obama, have consistently said that increased government revenues should be paired with spending cuts to bring down the deficit.

Congress already raised tax rates on top income earners as part an agreement in January to avert the worst aspects of the so-called fiscal cliff. And now, Obama and Democrats want to eliminate some tax breaks and loopholes to further raise revenue. Republican leaders have sought to reduce the size of government and, therefore, generally oppose any increase in tax revenue. They have called for aggressive spending cuts and steps to overhaul entitlement programs, while rejecting any new attempts to increase revenue as part of further steps to reduce the deficit.

Obama’s “solution to virtually problem we face is for Washington to tax more, borrow more and spend more,” Rubio said. The president did, in fact, propose several new programs aimed at bolstering the economy, though he insisted they wouldn’t add to the deficit.

“The idea that more taxes and more government spending is the way to help hardworking middle-class taxpayers, that’s an old idea that has failed every time it’s been tried,” Rubio said. “More government isn’t going to help you get ahead. It’s going to hold you back.” Rubio said he agreed with Obama on lowering the corporate tax rate, but didn’t mention the president’s support for closing tax loopholes that inordinately benefit the rich.

Rubio backed school choice for all parents, and said that student financial aid should evolve to help more “non-traditional students.” On energy policy, the senator derided Obama’s administration for “wasting … taxpayer money on so-called clean energy ventures like Solyndra.” Rubio favors “reform” of energy regulations and opening up “more federal lands for safe and responsible (oil and gas) exploration” — both common Republican themes.

He spoke, too, of Medicare — the government-run health insurance program for seniors — arguing that changes are needed for it to continue. The president suggested he’d support “modest reform” of this entitlement program, but Rubio said Obama does not go far enough.

“I would never support any changes to Medicare that would hurt seniors like my mother,” he said. “But anyone who is in favor of leaving Medicare exactly the way it is right now is in favor of bankrupting it.” Near the end of his speech, Rubio prayed that Democrats and Republicans “can come together to solve our problems” — contending that, if they don’t, the consequences will be stark. “If we can get our economy healthy again, our children will be the most prosperous Americans ever,” Rubio said. “And if we do not, we will forever be known as the generation responsible for America’s decline.”

State of the Union Excerpts from Senator Marco Rubio of Flordia

Marco Rubio

Marco Rubio

“This opportunity – to make it to the middle class or beyond no matter where you start out in life – it isn’t bestowed on us from Washington. It comes from a vibrant free economy where people can risk their own money to open a business. And when they succeed, they hire more people, who in turn invest or spend the money they make, helping others start a business and create jobs. Presidents in both parties – from John F. Kennedy to Ronald Reagan – have known that our free enterprise economy is the source of our middle class prosperity. But President Obama? He believes it’s the cause of our problems.”

“Mr. President, I still live in the same working class neighborhood I grew up in. My neighbors aren’t millionaires. They’re retirees who depend on Social Security and Medicare. They’re workers who have to get up early tomorrow morning and go to work to pay the bills. They’re immigrants, who came here because they were stuck in poverty in countries where the government dominated the economy. The tax increases and the deficit spending you propose will hurt middle class families. It will cost them their raises. It will cost them their benefits. It may even cost some of them their jobs. And it will hurt seniors because it does nothing to save Medicare and Social Security. So Mr. President, I don’t oppose your plans because I want to protect the rich. I oppose your plans because I want to protect my neighbors.”

“Economic growth is the best way to help the middle class. Unfortunately, our economy actually shrank during the last three months of 2012. But if we can get the economy to grow at just 4 percent a year, it would create millions of middle class jobs. And it could reduce our deficits by almost $4 trillion dollars over the next decade. Tax increases can’t do this. Raising taxes won’t create private sector jobs. And there’s no realistic tax increase that could lower our deficits by almost $4 trillion. That’s why I hope the President will abandon his obsession with raising taxes and instead work with us to achieve real growth in our economy.”

“The real cause of our debt is that our government has been spending 1 trillion dollars more than it takes in every year. That’s why we need a balanced budget amendment. The biggest obstacles to balancing the budget are programs where spending is already locked in. One of these programs, Medicare, is especially important to me. It provided my father the care he needed to battle cancer and ultimately die with dignity. And it pays for the care my mother receives now. I would never support any changes to Medicare that would hurt seniors like my mother. But anyone who is in favor of leaving Medicare exactly the way it is right now, is in favor of bankrupting it.”

“Despite our differences, I know that both Republicans and Democrats love America. I pray we can come together to solve our problems, because the choices before us could not be more important. If we can get our economy healthy again, our children will be the most prosperous Americans ever. And if we do not, we will forever be known as the generation responsible for America’s decline.”