Wednesday, June 24, 2009

80% Of the Public could care less about ECONOMICS


VERY informative article A MUST READ!

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Time is running out. The public relations campaign being conducted by the Obama administration, Federal Reserve and nation’s largest banks is beginning to fail. The lies, half-truths, and cover-up regarding the solvency of the largest banks in the U.S. will be revealed as reality interrupts their master plan. The politicians and government bureaucrats know that 80% of the population don’t understand or care about economic issues. The plan is insidious, systematic and deceptively simple:
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You judge whether these projects will jump start our moribund economy:



* Optima Lake is in line to receive $1.15 million in federal stimulus money to construct a new guardrail for a lake that does not exist. The guardrail is needed for “public safety,” says the Army Corps of Engineers, but there is not much of the public around to protect. Because the lake has never filled with water it is all but useless to potential visitors.

* The repair of 37 rural bridges in Wisconsin that average little more than 500 vehicles apiece each day - with one carrying no more than 10 cars a day. The projects jumped over larger, urban repairs because they were "shovel ready." $840,000 to repair a bridge in Portage County, Wis., that carries 260 vehicles a day largely to a backwater saloon and a country club.


* $3.4 million Florida Department of Transportation project for an "eco-passage" - an underground wildlife road crossing for turtles and other wildlife in Lake Jackson, Fla., along U.S. 27.

* A Bureau of Land Management project to study the impact wind farms have on the sage grouse population in Oregon. The proposal calls for hiring people to tag sage grouse in areas where wind farms may be built, to help determine where turbines could be located.


* $1.5 million in stimulus money for a $5 million new wastewater treatment plant in Perkins, Okla. The stimulus money came with strings that will increase the costs. With a new total cost of $7.2 million, the city will be forced to borrow money and, as a result, utility taxes have increased by 60 percent this year.

* Grants and loans totaling $1.3 million to Solon Township in Leelanau County, Mich., to help pay for construction of a wastewater treatment plant. Local opposition killed the project. The money will now be used for a future treatment plant, for which there is no plan and questionable local support.

* Road signs costing $300 each, being placed at construction sites to alert motorists that the project is being paid for by the stimulus money. Transportation Department spokesman Jill Zuckman said each state decides whether to use stimulus money for signs, and the cost would vary in each state.


* A $3 million project to repair taxiways at Hanscom Field, Mass., which Coburn said is for corporate jets. Richard Walsh, a spokesman for the independent state agency that runs the airport, Massport, said only 18 percent of the traffic at the airport is for corporate jets. Most of the use, 70 percent cent, is for flight students, he said.

* Montana's state-run liquor warehouse, to receive $2.2 million in stimulus cash to install skylights. The project is part of the $27.7 million the state has been awarded for energy programs.
FULL ARTICLE HERE

7 comments:

  1. It isn't carelessness or negligence. It is sabotage. Print and spend the dollar out of existence in order to start a new global FIAT currency. The bankers have all their puppets working 24/7 including Obama toward that end.

    ReplyDelete
  2. Yes, it is #2. It's sabotage. See, I was just thinking that this another case of the publisher acting all surprised when the curtain is pulled back and they realize that this was done on purpose, the controlled demolition of the US Economy. I knew this back when the economic bubble was getting pumped up. I said to my friend, 'this is going to destroy the economy, the one rule of a functioning economy is you NEVER let real estate turn into a speculative bubble'

    Mmmhmmmm.

    So now all the realtards can accept their guilt in the participation in all of this.

    ReplyDelete
  3. Who cares?
    You can't eat money.

    Better buy food and water with the phony dollar while ya still can.

    ReplyDelete
  4. You called it my friend. Buy anything rather than keep soon to be worthless paper. Buy an electric toothbrush or that car you have always wanted. Anything but the FIAT money ponzi scam slips of paper.

    ReplyDelete
  5. Now is not the time to be buying or car or anything else that throws oneself into debt. Right now is the time to be trimming debt and preparing for the end of American life as we have known it for the past many years.

    Get out of debt and learn some useful skills for wilderness living(if it comes to that).

    ReplyDelete
  6. Rather than paying off debt use any cash resources you have to buy commodities - food, silver, gold, survival stuff.

    Debt - especially fixed debt - such as a fixed mortgage will be of no consequence with hyperinflation.

    Savers, those that are saving CASH are the ones that will be punished the most. It is almost a cruel hoax. The careless will just walk away from the collapsed system while the responsible savers will get left holding the bag.

    $500k in the bank can be reduced to dust in no time at all.

    ReplyDelete
  7. Gold is good, and real estate is good. One because of its history - never gone to zero *ever*, and the other from practical necessity - people must live somewhere. Skills are also good, but only if they can be used without modern trappings; I'm actually HOPING for (sub)hyperinflation to help thin out my medical school debt.

    ReplyDelete

Everyone is encouraged to participate with civilized comments.