Ron Paul: A 2012 Revolution

‘The Sound’ Music Video (John M. Perkins) by Switchfoot

3 Minute Video Explanation of the World Economic Collapse

G.M. Uses Taxpayer Money to ‘Payback’ Government Loan

Anyone remember seeing ads about General Motors paying back their Government Loan early? As it turns out G.M. decided to get special permission from the government to use taxpayer money to pay it off.

Sometimes I find it hard to believe just how much deception goes on right under our noses. Pretending that your company returned to profitability enough to repay taxpayers their money, when in reality you used taxpayer’s money to repay taxpayers is just downright deceptive.

Let’s put the blame where most of it should lay: The U.S. Government for taking ridiculous actions of bailing out unprofitable companies who waste resources in the first place.

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Ron Paul: Return to Non-Intervention

Ron Paul urges the American people to come to their senses and return to non-intervention. It’s time we took his advice.

Obama Promised, Yet Still They Die

Obama continues to break his promises at the cost of many lives. Where is the AntiWar movement?

Ron Paul Video: European Union Bailout

Ron Paul: Health Care Bill Makes System Worse

More American Expatriates Give Up Citizenship

By BRIAN KNOWLTON of the New York Times

WASHINGTON — Amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship.

“What we have seen is a substantial change in mentality among the overseas community in the past two years,” said Jackie Bugnion, director of American Citizens Abroad, an advocacy group based in Geneva. “Before, no one would dare mention to other Americans that they were even thinking of renouncing their U.S. nationality. Now, it is an openly discussed issue.”

The Federal Register, the government publication that records such decisions, shows that 502 expatriates gave up their U.S. citizenship or permanent residency status in the last quarter of 2009. That is a tiny portion of the 5.2 million Americans estimated by the State Department to be living abroad.

Still, 502 was the largest quarterly figure in years, more than twice the total for all of 2008, and it looms larger, given how agonizing the decision can be. There were 235 renunciations in 2008 and 743 last year. Waiting periods to meet with consular officers to formalize renunciations have grown.

Anecdotally, frustrations over tax and banking questions, not political considerations, appear to be the main drivers of the surge. Expat advocates say that as it becomes more difficult for Americans to live and work abroad, it will become harder for American companies to compete.

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Pentagon: More Money for Weapons, Less for Troops

Pay and Benefit Hikes Unsustainable, Officials Warn

by Jason Ditz

A decade of massive annual increases in military spending have given the Pentagon record budgets, but officials are warning that, as financial problems make more hikes unlikely, the pay raises and benefits packages Congress has given to troops are “unsustainable.”

Instead the Pentagon is pushing Congress to decrease the amount of money set aside for troop pay and benefits, and increase the amount it spends on weapons and operations.

Though in practice the Pentagon hasn’t had to balance the enormous health care costs from all its casualties and all the other expenses associated with its two major wars, officials seem convinced that sooner or later those costs will have to be reckoned with instead of being funded with emergency spending and budget hikes.

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