Crushing national debt will be passed on to our children
29.10.10
The cause of the problem. Entitlement spending is. The problem is going to get much worse and it is going to happen much sooner than the politicians and media are telling you. In 2009, we had to dip into the “trust funds” for both Medicare and Social Security "only there are no funds in the “trust funds”. The trust funds are three ring binders with non-negotiable bonds that say the United States Government owes the fund xxx billions of dollars. When it comes time to cash in these bonds, the money will either have to be borrowed, the taxes raised, or the government will just print up and extra trillion or so dollars (what they did in 2009) and none of those options are viable. The politicians spent the money that was supposed to be in the trust funds on bombs, bullets, and bridges to nowhere. The spent it on poverty programs ($5T over the past 40 years) that has seen a rise in poverty from 12.5 percent in 1967 to 15 percent in 2010 – from 25 million people living in poverty to over 38 million.
Source: UNM Daily Lobo
Wildlife group targets Burma-China tiger trade | Find Prescription ...
Wildlife trafficking officials say they have reached a preliminary agreement with an ethnic minority group in Burma to close down markets where hundreds of poached tigers from across Asia are sold for use in purported medicines and aphrodisiacs in China. The markets, in an area of northeastern Burma controlled by the Wa minority, are considered one of the world's hot spots for wildlife …
Source: Wildlife group targets Burma-China tiger trade | Find Prescription ...
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