Obamanomics – mathematically impossible but it’s accurate, trust me.
Somebody contact Webster. This word is going down in history.
US Food Stamp Program Hits Record High
Posted: October 6, 2012 in UncategorizedTags: bic lighters, food stamp, obama, Obamanomics, qe3, qe4, snap, unemployment numbers
Congratulation’s America! Somehow in the same month unemployment has dropped to totally realistic and mathematically possible lows and food stamp usage hit an all-time high. Don’t think to hard. Obamanomics.
For those of you who believe those unemployment numbers please let me be the first to call you a sucker. Second, if you have ever attended a SNAP’s party please read no further because this website is not for you. At least the Fed still have an excuse to keep the QE4à going. Hunker down people it’s about to get nasty out there. You know the drill… Food, bic lighters, guns. Be ready and prepared, know they are.
Big Bird, it’s the only thing we got right now. -Biden
Posted: October 5, 2012 in UncategorizedTags: biden, big bird, jobs, mitt, mittens, obama, PBS, tax payer
Obama does not see the harsh reality of his “College” plan.
Posted: October 4, 2012 in UncategorizedTags: american way, college bubble, debt slave, inflation, obama
Last night we heard a lot about the government investing in community colleges to train future Americans in math and science. In fact, he bragged about “cutting he middle man out of student loans.” That was the job of some bankers who provide student loans. They lost those jobs and the fed bailed them out by printing money out of thin air. Before Obama started his regulation spree students had to go to lending institutions, apply for a loan, and if they qualified a loan was provided. Obama mentioned that the loans are backed by the federal government; guess what, most loans and insurance policies are backed by the federal government. What is he going to take over next? Home loans, flood insurance, health care..?
Anyone who can remember chapter 1 of their high school economics class can tell you how the law of supply and demand works. The more people out there to buy something, the more the cost goes up. So the federal government starts handing out student loans to anyone with a pulse. The amount of people attending college goes up and so does the cost. We are in the college bubble, just like the housing bubble.
Here are some clear facts about what happens when government creates a college bubble.
• The cost to get a college degree is up 29% from 5 years ago.
• Text book costs have tripled over the last 10 years and have no resale value.
• Over a million people graduate from college every year. They are not counted in the unemployment figures.
• The federal government knows they will never get paid back on 20% of student loans.
• Student loans have far exceeded credit card debt.
• If you’re a doctor and you default on your government funded loan you will not be allowed to see federal employees, Medicare or Obama care patents. If it’s up to Obama, everyone will be under Obama Care.
• There is no way out of a student loan. You cannot file for bankruptcy.
• The federal government requires colleges to raise tuition rates.
• If you’re coming up on receiving social security and have a student loan or have co-signed on a student loan, your social security check will be cut back.
• Only 42.1% of college students maintain a job. The rest live off the parents or tax dollars (student loans)
• The fed will have to print more money to bail out students adding to the inflation.
College is not for everyone. The amount of debt most students will accumulate will most likely inhibit their ability to contribute to the free market. They will be debt slaves to the point of having no disposable income. They will most likely fall in love, get married, have children, buy a house do everything they can to keep up the success appearance. This is not sustainable. People must be able to save money for retirement. I see people that never were able to save. These people pay their HOA dues before they pay their electric bill! They know their home is the only thing they have and they can be taken away if they do not pay their dues. Obama’s plan to get everyone educated will continue the vicious debt cycle.
We are no longer worried about the election.
Posted: October 4, 2012 in UncategorizedTags: 2012, election, mitt, mittens, obama phone, romney.
But here is a great video for some laugh time.
new Ex Order. Obama waives sanctions on countries that use child soldiers.
Posted: October 3, 2012 in UncategorizedI’m no child psychologist, but I wonder what an adults psyche is like when they fought in wars as children.
USPS will get bailed out by Oct 1, 2012. Mark our words
Posted: September 26, 2012 in UncategorizedTags: USPS bailout Obama QE3 market
The US postal service has no way of making its mandated Sept 30 payment. They also are saying that services will not be disrupted. Bailout imminent.