Tuesday 6 April 2010

Obama & Co. Want National Biometric ID
A bipartisan group of U.S. Senators is teaming up with the Obama administration to legalize illegal immigrants and require biometric national ID cards for every American worker, prompting a swift and bipartisan backlash across the nation.

The proposal would unconstitutionally force nearly all Americans to obtain the new “tamper proof” Social Security cards while purporting to require that all employers purchase new $800 ID scanners. It would also provide a “path to citizenship” for the estimated 12 million to 20 million illegal immigrants currently living in America.

Motorists leaving cars at home as petrol prices hit a new record
Motorists are cutting back on their car use as petrol prices hit a new record, according to the AA.

Come To Jesus Part Deux
The reason we have not seen an all-on collapse - yet - is that the government has stepped in and has borrowed and spent a literal $3 trillion over the last two years for the purpose of hiding the insolvency of virtually every bank and a good number of citizens in this nation, along with virtually every pension plan, annuity and other "defined benefit" plan and institution. They also changed the rules of the game regarding asset valuations - that is, they cheated.

This gambit has produced a veneer of recovery.

What does it mean to be Middle Class in 2010? – No College Degree, Massive Amounts of Debt, One Health Crisis from Bankruptcy, and Beholden to the Banking Elite.
Being middle class today does not carry the financial security that it once carried in the 1950s and 1960s. Interestingly enough, many Americans at that time did not own stocks yet somehow they managed well because they had access to affordable housing without toxic mortgages and many had the ability to work with one company and have some kind of security from their company. It was a mutual relationship as even Henry Ford shook the auto manufacturing world by upping wages for his workers. Yet today, we are being fed distorted information from Wall Street that we need to have this system where workers are disposable entities only to increase the profits of the corporate class. If people are hurting so much why are we paying billions in bonuses to a small group of people that really haven’t helped the country? In fact, many of these are directly responsible for our current economic problems. At the root, this has been the cancer that has eaten away at what it means to be middle class. Social government welfare for Wall Street and Darwinian capitalism for the rest of us.

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