Like what you see? This is what is coming with amnesty, with more through chain migration. 100 million over the next decades…
Think they will assimilate? Think they respect the rule of law under the US Constitution?
Look at the communist & Che flags. Makes sense why the liberals are so anxious for amnesty, doesn’t it?
For any Tea Partiers who are already upset with the socialist takeover of this country, be forewarned, that is exactly why the liberals/socialist in our government want these people to become citizens en masse.
According to a recent GWU Battleground poll, 74 percent of likely voters are “extremely” or “very” concerned about the current level of government spending. And 58 percent think the level of spending is unsustainable.
Is the public right? Is Washington bankrupting America? Some facts from the video:
Spending per household has risen over 40 percent in the last 10 years – and is set to do so again in the next 10 – pushing debt (and interest on the debt) to unprecedented levels. But that’s just a result of past spending.
Add in our government’s $106 trillion in future spending commitments – that cannot be paid for – and it becomes clear that our government’s spending is setting the country down a path toward bankruptcy.
We can solve it, but politicians will have to make tough choices.
Increasing taxes can’t do the trick ($106 trillion is equivalent to taking all of the taxable income from every American nine times over), nor is it fair to saddle taxpayers with a problem created by government irresponsibility.
We need real spending reform. Merely returning to the spending per household levels of the 1990s would balance the budget in three years.
Yet, policies under Bush and Obama have made the problem worse, not better: budget cuts that pale in comparison to spending increases, more lobbyists, more earmarks, expanded spending on autopilot programs like Social Security and Medicare, and savings gimmicks that don’t amount to meaningful change.
Reform can only be achieved if the public is informed and engaged. You can start by doing the following:
(1) Share this video with at least 5 friends, family and coworkers.
(2) If you haven’t already, subscribe to receive emails from us (you’ll be first to receive our videos and other timely info about economic policy).
ReasonTV — April 30, 2010 — General Motors CEO Ed Whitacre has bragged in TV commercials and newspaper columns that GM has paid back its bailout “in full and ahead of schedule.”
As with the Pontiac Aztek, an ugly exterior masks an ever darker problem: Whitacre is being fanciful to the point of deceit. GM received $50 billion in TARP funds (never mind that TARP was only supposed to cover financial institutions). About $7 billion of that came in the form of a straight-up, low-interest loan. And about $13 billion came in the form of an escrow account.
So how has GM, which lost $38 billion in 2007 even as it sold 9.4 million cars, paid back its debt? It took money from the escrow account to pay back the $6.7 billion loan.
Do you remember when you were a kid and your parents gave you $20 to buy them a Christmas present? You bought them something worth $3 and pocketed the rest? That’s what GM has just done.
Oh, and do you remember when you hit your parents up for college? GM has applied for a $10 billion, low-interest loan from the government to modernize its plants so its cars will meet new federal mileage standards.
If you think all this constitutes paying back their debt in full and ahead of schedule, you might want to check out the new line of GM cars. And hope that the company’s safety engineers are better at math than their CEO.
Leftists, Communists and Illegal Immigrants march in LA and the police react… You can bet this video will be used for propaganda. I assume they are shooting rubber bullets to break up the protest and they gave multiple warnings. But it is a deeply sobering sight to see this many police and see similar scenes that are being witnessed now in Greece.
Don’t think there wasn’t violence as they are proclaiming – there was. You can’t have radicals and gangs marching without it. And look at the garbage in the streets – it looks more like a third world country than like LA.
One note, the Constitution does not speak of human rights – it speaks of individual rights. Individual liberty, not collective standing as in Europe.
Credit-rating agencies under fire in Europe crisis. Chad’s comment: “I wondered what the real problem was–is it that credit-rating agencies are skewing the truth or is it that governments are just trying to soft-pedal how bad their self-inflicted financial mess is.”