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August 2010
“If universal peace, civilization, and commerce are ever to be the happy lot of man, it cannot
be accomplished but by a revolution in the system of governments.” - Thomas Paine
“An invasion of armies can be resisted, but not an idea whose time has come.” - Victor Hugo
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The National Debt is not just...
Source: http://www.nolanchart.com/article6512.html
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Social Security and Medicare
Unfunded Liabilities = $107T
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ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
22.8 million Direct Gov't Employees, 18% of the workforce
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>1 in 8 Americans on Food Stamps
• 40.4 Million Americans as of Apr 2010
• Numbers up 20% from 2009 and 42% from 2008
• Projected annual cost of $66 Billion USD
http://www.fns.usda.gov/pd/34SNAPmonthly.htm
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Bureau of Labor and Statistic Figures
http://www.bls.gov/news.release/empsit.t15.htm
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The Unemployment Rate is >17%
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Federal Reserve Balance Sheet
June 2008 to May 2010 (Source: Federal Reserve H.4.1 Release)
2500000
2000000
1500000
$1.1 trillion in bad
mortgages
Billions of USD
1000000
500000
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Dishonest Money: The Fall of the Dollar
The purchasing power of the dollar has lost >94% since FDR took America off
the classical gold standard in 1933 through monetary inflation.
The monetary inflation was caused by the FED. They debased the dollar by
creating more and more irredeemable paper dollars.
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FDIC Insurance is Bankrupt
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http://www.gocomics.com/stuartcarlson/2010/07/12/
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