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alstry (35.96)

The Slaughter Of The American Tazpayer

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June 03, 2010 – Comments (5)

IT IS SIMPLY WHAT HAPPENS WHEN AN ECONOMY BORROWS MONEY TO BE PRODUCTIVE AND NOT THE OTHER WAY AROUND.

When you cut off credit, you can neither borrow nor be productive,

U.S. cities facing their own debt crisis

Seven American cities have had their municipal bonds downgraded to below investment-grade.

WHEN WE CUT OFF CREDIT TO HOUSING, HOME CONSTRUCTION DROPPED 80%.........NOW WATCH HAPPENS WHEN WE CUT OFF CREDIT TO THE REST OF THE NATION......

THE ONLY QUESTION NOW WILL BE WHETHER GOVERNMENT WILL BE FORCED TO CONFISCATE EVERYTHING WE HAVE OR GO TO WAR TO RAISE PRODUCTIVITY/MONEY TO MAINTAIN OUR NATION

Update: Gaylord Entertainment - 1,700

Outdoor Channel - 1/3 of Staff in Production Services Unit

Maricopa Integrated Health System - 145

Supervalu Store in Boise - 60

Carlton School District - 13

Honolulu Advertiser - 100

Ford's Saint Paul Minn. Plant Closing Next Year

Update: Mount Saint Joseph Academy in Buffalo 

LA Unified Schools CA - Shutters 200 Classes , Campus For Disabled 

8 elementary-school libraries in the Natomas Unified School District CA

Rustic Comforts in Milford

Krogers on Waterlick Road in VA

Florida Business Bank Office in Orlando 

Dearborn Ritz-Carlton in Detroit Closes Today

Big Spring School District PA Considers Closing

Geweke Ford in Lodi CA

Caye Home Furnishings in New Albany Miss. - 600 Jobs Lost

LaGrange Elementary School in Lagrangeville NY Possibly Closing

Quiznos Sub Shop in Cobb Corner NC

Pipestone Mountaineering in Missouri 

Texas State Technical College of Waco - 17

The St. Paul school Minn. - 117

City of Lawrence Mass. - 115 

Evanston-Skokie School District 65 IL - 31 More

Arlington Public School Ma - 40 to 46 expected

Brockton School MA - Approved 112 Teacher Layoffs

L-3 Communication Systems-East NJ - 45 Engineers 

The Waukegan Unit School District Chicago - 70

St. Lawrence University - Several Layoffs, Unknown Number

The Clarksville Community School - 20

Community Medical Centers CA - 150

Peoria City/County Health Department - 19

Fort Wayne Community School Indiana - 217 Possible

AT&T Inc. - 136 More in East Bay

Update: Baltimore PD - 250 Layoff Notices

WELCOME TO THE DIGITAL AGE.....WHERE 2/3 OF THE CURRENT JOBS WILL BE OUTSOURCED OR ELIMINATED IN THE NEXT FEW YEARS

IT IS NOT JUST MANUFACTURING AND CONSTRUCTION ANYMORE....IT IS

EDUCATION

HEALTH CARE

GOVERNMENT

FINANCE

PUBLIC SAFETY/POLICE/FIRE

KEEP WATCHING THE TICKER....PRETTY SOON THAT WILL BE ALL PEOPLE HAVE TO DO ALL DAY LONG

5 Comments – Post Your Own

#1) On June 03, 2010 at 7:15 AM, alstry (35.96) wrote:

As I try to figure out what a tazpayer is......the tax receipts to government are slowing dramatically due to a masssive number of higher paying jobs being eliminated.

At some, point revenues to government will drop so low to a government with a massive and growing expense burden that the only choices for politicians will be to send their citizens to fight for more money or confisacate everything the citizens have.....

GM and millions of houses are a good start.....as Fannie and Freddie now own most of the mortgages in America....

The precedent has been set and we remained silent....let's see how silent you are when government is forced to take everything around you and/or how willing you will be to sacrifice your children in an attempt to maintain the world as we know it....

Welcome to the Digital Age....at some point too few are being productive/making an income to support the Industrial Age.

AND BENNY BIN LADEN CALLS THIS A  RECOVERY AS MORE AND MORE LOSE EVERYTHING.....

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#2) On June 03, 2010 at 9:54 AM, drgroup (69.20) wrote:

Thanks for the info. If anyone is seeing light at the end of the tunnel, the should adjust their medications. Jobs are none existent, banks aren't lending, Obama keeps spending. It is time for a war, but not executed by the nit wits in power now. That's what makes it worse. Time to by ammo and food...  

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#3) On June 03, 2010 at 11:13 AM, alstry (35.96) wrote:

YOUR UNCLE WANTS ALL YOUR MONEY/PRODUCTION.....

Service sector grows in May, good sign for economy

SOMEBODY HAS TO PAY FOR ALL THIS BORROWING AND SPENDING......

You worry of your wife spends a few bucs too much...but don't give a damn if your government spends trillions?

Such Sheep......

But in the end....the debt must be paid and/or collected.....OFTEN BY FORCE

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#4) On June 03, 2010 at 11:28 AM, mtf00l (47.46) wrote:

Great news!!!  5.5% HELOC's are being offered in my town!!!  The recession is over!!! ;-)

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#5) On June 03, 2010 at 12:07 PM, biotechmgr (34.86) wrote:

Quizno's? Now that will have an economic impact!

Better sandwich than Subway, but not the marketing.

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