In a shameful move by a shamefully & poorly managed US auto company, GM is now asking the government to completely take over the company so it doesn’t have to run itself – nor confront the unions it plans to phase out: GM is living on $15.4 billion in government loans and faces a June [...]
Posts Tagged ‘socialism’
Financial Centralization = Slavery
One of my favorite new websites produced a great article on our current Fed system and why we should move away from it, giving a candid history behind the creation of the Fed. Therefore, Congress unlawfully transferred its power to coin money to a privately owned bank, which now unlawfully prints or creates it. Now, [...]
America is a shopping mall, and everything is for sale
Chinese students are enrolling in U.S. universities in record numbers, encouraged by aggressive recruiting combined with China’s booming economy and growing middle class. Their enrollment grew by 8 percent in the fall of 2006 and by 20 percent last year, according to Institute of International Education figures being released Monday. Chinese enrollment increased 300 percent [...]
Everybody will be covered
Powerful House Democrats are eyeing proposals to overhaul the nation’s $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive. Under Ghilarducci’s plan, all workers would receive a $600 annual inflation-adjusted subsidy from the U.S. government but would be required to invest 5 percent [...]
Europe Wants A Mini-Europe Due North of US
“The problem with Canada,” senior EU official involved in the talks told me, echoing a view that is heard in many of the EU member governments today, “is that it’s not really one place. You think you’re talking to Canada, and you make a deal, and then it turns out that someone else, in one [...]