Wayne Isaksen

Very interesting stuff – Because I’m a conspiracy theory guy anyway, from the first news I heard of this leak, I wondered if it were deliberate and what Obama would get out of it if it were done on purpose..maybe this sheds some light on things.
JB

1. Four weeks before the BP blowout, Obama builds an alibi… “I am opening offshore drilling in all the Coastal U.S.” Goldman Sachs dumps nearly all of its stock (40 %+) in BP, a very profitable winner. Days before, they dump the rest.

2. BP ignores the advice of all the drilling contractors on making the well safe. British Petroleum had a manager directing drilling who had never been on an offshore rig before and purposefully ignored all safety warnings. BP ignores TransOceanic warnings about a problem with the blowout preventer. BP ignores repeated warnings on numerous problems from numerous sub-contractors.

3. The well explodes under suspicious circumstances, but BP does nothing immediately to control it. Why? And the Dutch offer to have it controlled in 48 hours. They are ignored.

4. Obama sacks his National Intelligence Director (a Navy Admiral) who cannot comment on intelligence or the reasons he was sacked because of Federal Laws.

5. BP top-kills the well but fails as was predicted by numerous oil professionals causing downhole damage to the well which has caused a massive pollution of the southern U.S. The way they bungled everything, the Gulf may be dead for decades!

6. Obama now declares ALL drilling suspended in the Gulf and makes numerous PR trips to the Gulf to look as though he is outraged.

7. John Podesta is Obama’s man that built his cabinet and all his Czars.

8. John Podesta is also head of George Soros’ Center for American Progress (a socialist organization dedicated to killing capitalism in America and building, according to Soros, “A New World Order”). John Podesta’s brother is the lead lobbyist for British Petroleum, whose services are now in huge demand.

9.Soros was a major contributor to Obama’s campaign.

10. Soros invested $900 million in Petrobras, the Brazilian government controlled oil company that plans on drilling offshore in Brazil , yet cannot get the deepwater rigs operating in the Gulf.

11. Days after Soros’ investment, Obama grants $2 billion of U.S. taxpayer’s dollars to Petrobras to drill offshore in Brazil … the company nets over $15 Billion annually.

12. U.S. drilling companies must do something with their now idled rigs and are planning on moving them off to South America… to Petrobras which will supply the oil to the U.S. as an import.

13. Obama gives a patsy White House Oval Office speech on the disaster but, also during the speech, he states the need for Carbon Taxes… Cap and Trade!

14. The carbon tax exchange will be based in, you guessed it, Chicago … and called the CCX…The CHICAGO Climate Exchange

15. The Joyce Foundation — A private U.S. foundation which provides funding and support to initiatives focusing on education, environment and employment in the Great Lakes region. The Joyce Foundation was established in 1948 by Beatrice Joyce Kean of Chicago . Since its inception, the foundation has made grants of more than $600 million. Some of those grants include $1.1 million to Richard Sandor in 2000-2001 to create the Chicago Climate Exchange. Former Board of Directors’ members include President Barack Obama (1994-2002) and Valerie Jarrett, his top adviser.

16. Who will benefit from the Chicago Climate Exchange? You guessed it… Obama and his buddies, Goldman Sachs and the Chicago crew.

17. Who will benefit from Obama’s shutdown of drilling in the Gulf? You guessed it… Obama and his buddy, George Soros.

18. Who benefits from Obama sending $2 Billion of taxpayer dollars to a company that Nets $15 Billion per year? You guessed it…Obama and his buddies.

19. Who is Obama getting to again? You guessed it… The American Citizens.

20. Barack Hussein Obama is intent on the total destruction of America . He does nothing to stop the Illegal invasion from Mexico, he does nothing to fix the banking problem, he does nothing to stop the blowout, he DOES NOTHING to stop the downfall of America while he plays golf, travels to Ohio for 10 minute speeches at a cost of $750,000, listens to Paul McCartney concerts, and goes to baseball games in NY. What do you expect from someone that never produced his birth certificate, has gone around the world apologizing for America ‘s past actions, and bowing to the head of the Muslim World.

Boy! there’s no doubt in my mind that something stinks in the Gulf, and guess what, there has been a whole lot of stinking goin on!

Wayne Isaksen – Team Pay it Off.com

As the long hot summer progresses, drama is unfolding at every turn. Environmental disasters, highly unusual weather such as earthquakes, floods, droughts, extreme heat waves. But the financial markets seem to be unusually QUIET! The dow has crept up above 1,000 on extremely low volume, the dollar continues to trade over 80, Gold is being held below $1,200 per ounce. In fact it looks like da BOYZ are
hammering the price down, but WHY? Well dear readers, in order to maximize their profits.

Read the short article below by Jim Sinclair of www.jsmineset.com
The foremost authority on Gold. And heed his advice.

I have said to you many times that the entities that will make the most profit on the gold price will not be the gold community, but rather just those that the community identifies as the enemy, the gold banks.

What is happening now is the set up to that event.

Recently Armstrong questioned publicly if the Goldmans of the world were using his cyclical analysis. Judging from what we have seen the answer is yes by intention or coincidence.

Those wishing to offset their pain on me today have to be defined as the public. The only bulls today are the stone professionals who can see what is taking place in the published numbers.

The gold banks are engineering their short cover and will shift to the long side of gold. It is in fact happening right now as the public panics. The currency market and media will be called into service in order to take gold to and through $1650.

Respectfully,
Jim

P.S. The Armstrong Jim mentions is MARTIN ARMSTRONG-Google him for further information.

Wayne Isaksen – Team Pay it Off.com

WELL BOYS & GIRLS BACK TO REALITY, THIS ARTICLE IS STARK PROOF THAT THE MIDDLE CLASS IS DONE FOR. GOOD LUCK WITH THOSE EXPENSIVE DIPLOMAS ALL YOU RECENT GRADUATES ARE CARRYING AROUND, TOUGH TO PAY OFF THE STUDENT LOANS WITH
A MCDONALDS SALARY, MUCH LESS START A FAMILY.

From The Business Insider
Editor’s note: Michael Snyder is editor of theeconomiccollapseblog.com

The 22 statistics detailed here prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America.

The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.

So why are we witnessing such fundamental changes? Well, the globalism and “free trade” that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects. It turns out that they didn’t tell us that the “global economy” would mean that middle class American workers would eventually have to directly compete for jobs with people on the other side of the world where there is no minimum wage and very few regulations. The big global corporations have greatly benefited by exploiting third world labor pools over the last several decades, but middle class American workers have increasingly found things to be very tough.

Here are the statistics to prove it:

• 83 percent of all U.S. stocks are in the hands of 1 percent of the people.
• 61 percent of Americans “always or usually” live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.
• 66 percent of the income growth between 2001 and 2007 went to the top 1% of all Americans.
• 36 percent of Americans say that they don’t contribute anything to retirement savings.
• A staggering 43 percent of Americans have less than $10,000 saved up for retirement.
• 24 percent of American workers say that they have postponed their planned retirement age in the past year.
• Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008.
• Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.
• For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together.
• In 1950, the ratio of the average executive’s paycheck to the average worker’s paycheck was about 30 to 1. Since the year 2000, that ratio has exploded to between 300 to 500 to one.
• As of 2007, the bottom 80 percent of American households held about 7% of the liquid financial assets.
• The bottom 50 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.
• Average Wall Street bonuses for 2009 were up 17 percent when compared with 2008.
• In the United States, the average federal worker now earns 60% MORE than the average worker in the private sector.
• The top 1 percent of U.S. households own nearly twice as much of America’s corporate wealth as they did just 15 years ago.
• In America today, the average time needed to find a job has risen to a record 35.2 weeks.
• More than 40 percent of Americans who actually are employed are now working in service jobs, which are often very low paying.
• or the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011.
• This is what American workers now must compete against: in China a garment worker makes approximately 86 cents an hour and in Cambodia a garment worker makes approximately 22 cents an hour.
• Approximately 21 percent of all children in the United States are living below the poverty line in 2010 – the highest rate in 20 years.
• Despite the financial crisis, the number of millionaires in the United States rose a whopping 16 percent to 7.8 million in 2009.
• The top 10 percent of Americans now earn around 50 percent of our national income.

Giant Sucking Sound

The reality is that no matter how smart, how strong, how educated or how hard working American workers are, they just cannot compete with people who are desperate to put in 10 to 12 hour days at less than a dollar an hour on the other side of the world. After all, what corporation in their right mind is going to pay an American worker 10 times more (plus benefits) to do the same job? The world is fundamentally changing. Wealth and power are rapidly becoming concentrated at the top and the big global corporations are making massive amounts of money. Meanwhile, the American middle class is being systematically wiped out of existence as U.S. workers are slowly being merged into the new “global” labor pool.

What do most Americans have to offer in the marketplace other than their labor? Not much. The truth is that most Americans are absolutely dependent on someone else giving them a job. But today, U.S. workers are “less attractive” than ever. Compared to the rest of the world, American workers are extremely expensive, and the government keeps passing more rules and regulations seemingly on a monthly basis that makes it even more difficult to conduct business in the United States.

So corporations are moving operations out of the U.S. at breathtaking speed. Since the U.S. government does not penalize them for doing so, there really is no incentive for them to stay.

What has developed is a situation where the people at the top are doing quite well, while most Americans are finding it increasingly difficult to make it. There are now about six unemployed Americans for every new job opening in the United States, and the number of “chronically unemployed” is absolutely soaring. There simply are not nearly enough jobs for everyone.

Many of those who are able to get jobs are finding that they are making less money than they used to. In fact, an increasingly large percentage of Americans are working at low wage retail and service jobs.

But you can’t raise a family on what you make flipping burgers at McDonald’s or on what you bring in from greeting customers down at the local Wal-Mart.

The truth is that the middle class in America is dying — and once it is gone it will be incredibly difficult to rebuild.
Wayne Isaksen – team pay it Off.com

Gotta get away briefly from being so serious.
Here is a good read to give you a chuckle on a Friday
during the long hot summer. make sure you keep cool this weekend!

What do you expect from such simple creatures?

Your last name stays put.

The garage is all yours.

Wedding plans take care of themselves.

Chocolate is just another snack.

You can be President.

You can never be pregnant.

You can wear a white T-shirt to a water park.

You can wear NO shirt to a water park.

Car mechanics tell you the truth.

The world is your urinal…

You never have to drive to another gas station restroom because this one is just too icky.

You don’t have to stop and think of which way to turn a nut on a bolt.

Same work, more pay.

Wrinkles add character.

Wedding dress $5000. Tux rental-$100.

People never stare at your chest when you’re talking to them.

New shoes don’t cut, blister, or mangle your feet.

One mood all the time.

Phone conversations are over in 30 seconds flat.

You know stuff about tanks.

A five-day vacation requires only one suitcase.

You can open all your own jars.

You get extra credit for the slightest act of thoughtfulness.

If someone forgets to invite you, he or she can still be your friend.

Your underwear is $8.95 for a three-pack.

Three pairs of shoes are more than enough.

You almost never have strap problems in public.

You are unable to see wrinkles in your clothes..

Everything on your face stays its original color.

The same hairstyle lasts for years, maybe decades.

You only have to shave your face and neck.
You can play with toys all your life.

One wallet and one pair of shoes — one color for all seasons.

You can wear shorts no matter how your legs look.

You can ‘do’ your nails with a pocket knife.

You have freedom of choice concerning growing a mustache.

You can do Christmas shopping for 25 relatives on December 24 in 25 minutes.

No Wonder Men Are Happier
WOMEN’S ASS SIZE STUDY

There is a new study about women and how they feel about their asses;
the results were pretty interesting:
30% of women think their ass is too fat………….
10% of women think their ass is too skinny………

The remaining 60% say they don’t care, they love him, he’s a good man and they wouldn’t trade him for the world.

Reprinted from the Prison Planet.com, I felt this article was too important not to reprint here for your education. Amerika must wake up and once again think for themselves. So much of what we see and hear in the Main Stream Media are outright lies. This obcession with overpaid sports players must come to an end!

Paul Joseph Watson
Prison Planet.com
Monday, July 12, 2010
The sight of American citizens gathering to protest basketball player LeBron James’ decision to join Miami Heat last week, after Ohio Governor Ted Strickland joined celebrities to serenade James in a bizarre appeal video entitled “We are LeBron,” was a shocking reminder of how millions of Americans are more concerned about sports teams than the fact that their country is collapsing around them, and how potent a threat such wanton delusion is to the survival of freedom and prosperity in the United States.
In a You Tube clip that went viral after appearing on the Drudge Report website, Alex Jones explained how ominous it was to see Americans transfixed by bread and circuses while at the same time the New York Times reports on how the country is sinking into another depression.
But how did we reach the stage where scenes from Idiocracy, a satirical movie set 500 years in the future where humanity has “degenerated into into a dystopia where advertising, commercialism, and cultural anti-intellectualism run rampant and dysgenic pressure has resulted in a uniformly stupid human society devoid of individual responsibility or consequences,” seem eerily contemporary in 2010?
Americans are watching more television than ever before, both through conventional TV sets and on the web, as the range of channels continues to expand, the screens get bigger and the quality of the picture increases as new hi-definition and 3D technologies arrest and shorten attention spans to a greater and greater degree.
Americans are now a nation of spectators, watching a shocking average of nearly 5 hours of TV a day, up 20% from just 10 years ago.
Hooked in to this matrix medium that tells them how to behave, what to care about, and how to treat people who deviate from this spoon-fed consensus, people are literally being programmed into accepting a contrived false reality that bears little or no resemblance to what is actually taking place in the real world. This is why the assembly line of zombies being manufactured by this process will roll their eyes when warned about real issues that affect them – the crumbling economy, unemployment, the BP oil spill – yet will become visibly upset when an event that has no bearing on their existence whatsoever, like where LeBron James throws a basketball around, takes place.
We are literally being trained like dogs to react to meaningless stimuli while burying our heads in the sand in reaction to issues of real significance. This behavior training encompasses an entire outlook, an entire lifestyle that people have adopted to the point where their moral compass, they way they dress, the way they speak, what they eat, what drugs they take, the way they respond to events and how they treat other people is solely a construct of the babylon system to which they are addicted.
The fact that this matrix system constantly promotes damaging and destructive messages is why people are fat, unhealthy, unhappy, addicted to drugs, and unsuccessful in maintaining relationships. They are a product of their brainwashing. Downloading viruses from an infected culture on a daily basis, people’s hard drives – their brains – are corrupted, lethargic, and barely able to function. This is why people seek out destructive pursuits that do nothing to benefit their long-term personal interests. This is why people no longer talk to their neighbors or get involved in their communities. This is why people care more about LeBron James than their own country collapsing around them – because that’s the content of the programming they have downloaded.
(The controllers of this babylon system have superimposed a fantasy world over reality, they have slapped blinkers over the eyes of millions of Americans who continue to lead deluded, stunted and oblivious lives while the criminals behind the curtain scheme to wreck the country. A perfect example of this is how the government keeps insisting that the economy is getting better while in reality unemployment grows, tent cities pop up in major areas and the housing market gets worse.
When Americans know more about baseball and basketball than they do about their own history – to the point now where as a recent Jay Leno clip exemplified, college professors can’t even relate basic facts about the founding of the country – America is in danger.
America used to be the source of the best and the brightest, but the ravages of a 21st century entertainment monster has contributed to plunging test scores allied to weaker curriculums as American school children continue to be outperformed by their counterparts even in third world countries like Costa Rica.
Freedom and prosperity can only continue to exist in a country where informed and active citizens act as watchmen and women to protect those virtues. History has taught us that decadence, moral and intellectual decay are always followed by a collapse in society as darkness fills in the void that good has vacated.
Americans have to look themselves in the mirror and decide whether or not worshipping LeBron James is worth the price of a destitute and demoralized country in which living standards are eviscerated and freedoms are easily revoked.
Imagine if Americans got as angry and upset about the fact that their country is being seized by criminal globalist interests who want to destroy the United States in pursuit of a global government as they do when their sports team loses or their star player is transferred?
Our job is to issue a jolt of shock therapy to millions of hypnotized Americans who have the establishment-imposed mantra running through their heads that everything will be OK as long as they just continue to ignore reality and keep their head buried in American Idol or the NBA season.
Only through a massive media backlash can we reach people and make them understand that they have been conditioned into accepting a false sense of reality and that real happiness and fulfillment can only be achieved, and that America can only be rescued, once they fully embrace the truth of what is really happening around them.

Wayne Isaksen: Team Pay it Off.com-Get out of Debt!

Today there has been a paradigm shift in Americas spending habits. We are definitely watching our money more closely, But, many are still making mistakes that don’t seem like it is costing us much money but over time it can add up to lot of wasted money.
Here is a list of some mistakes we make everyday:

1. Buying expensive mutual funds: Do you know how much you pay for the mutual funds in your retirement account? If you don’t know, you’re not alone. Mutual fund companies don’t send out monthly or quarterly bills. Instead, they quietly deduct their fees from the returns on your investments. These fees, quoted as an expense ratio (a 1 percent fee means you are paying 1 percent of your account balance in fees each year), add up to thousands of dollars over a lifetime of investing. To see just how much you are paying, use a free service such as Morningstar.com to track the actual expense of your mutual funds and ETFs. You can track your portfolio for free on Morningstar, including the total cost of your investments.

2. Neglecting credit scores: Credit scores have a major impact on our financial lives. An excellent credit score results in lower interest rates on mortgages, car loans, and credit cards. It also results in lower insurance premiums. But many do not know their credit score or how their financial decisions shape their score. The first step is to regularly review your credit report, which is available for free from annualcreditreport.com. You can get your report from each of the three major credit bureaus for free once a year. Checking each report for errors can not only improve your credit score, but also help guard against identity theft..

3. Equating monthly payments with affordability: Far too many of us decide whether we can afford something based on whether we can manage the monthly payment. This is particularly true for homes, cars, and furniture. But just because we can handle a payment does not mean we can truly afford something. Monthly payments also ignore the true cost of ownership. A car, for example, costs a lot more than the monthly payment when you consider insurance, gas, repairs and maintenance. Instead of focusing on the monthly payment, separate needs from wants and evaluate how you might better use the money. If you still have consumer debt, for example, consider paying the debt off before buying something that will commit you to future monthly payments for potentially years to come.

4. Overpaying on a mortgage: Reducing a mortgage by even 1 percent can result in substantial savings. Whether because of falling mortgage rates, which are at historic lows, or an improved credit score, many may be able to save thousands of dollars over the life of their home loan by refinancing. Yet for various reasons, many have not taken advantage of falling rates. Even if you have a low rate now, to see if you can do better. In some cases, a savings of just 1% or less can justify the cost of refinancing. If you are able to make the monthly mortgage payments you should consider a Mortgage Acceleration System like the Pay it Off System at www.teampayitoff.com Using this powerful software system you can pay off your mortgage and debts in the shortest time possible, saving 10’s and even 100’s of thousands of dollars in interest payments, without refinancing your mortgage, your mortgage payment stays the same and there is little change to your monthly budget.

5. Missing good deals online: Thanks to the Internet, you can find deals, coupons and promo codes on just about anything. And many retailers offer additional discounts if you buy online. From cell phones to home improvement, the savings can be substantial, and shopping online is often far more convenient than driving around town and waiting in lines. The problem is that we often make purchases completely unaware that these deals exist. To find these deals, search online for coupons before you make significant purchases and bookmark coupon sites such as Retailmenot.com and Fatwallet.com, which regularly update the latest offers from popular retailers. Another way to save big bucks is to check out www.myacn.com they are the largest seller of telecommunications services in the world and can lower your local, long distance bills, internet bills, satellite TV bills, home security bills which can add up to many hundreds per year.

6. Overpaying taxes: A big tax refund can be a source of much needed cash each year. But a tax refund is the result of having too much tax withheld from your paycheck, which gives the government an interest free loan with your money. Instead of letting the government hold on to your money for up to a year, adjust your withholdings so you can pocket your money now. The goal should be to match your withholdings as close as possible to your tax liability.

7. Making minimum payments on credit cards: Even low interest rate cards charge a high interest rate. As a result, making the minimum payment on credit card debt will add a lot of interest to your total payments over the life of that debt. Making just the minimum payment also extends the time it takes to pay of the debt by many years. Rather than making just the minimum payment, commit to paying more than the minimum, even if by just a few dollars. Allocate some or all of your next raise to your credit card payments, and reexamine your budget in an effort to increase the payment as much as possible.

Wayne Isaksen – Team Pay it Off

Heres an E-mail that was passed along to me by my friend Bret Leifer of Bret Leifer Numismatics, he is an expert in the coin business, I HIGHLY
recommend Bret if you are in the market to purchase some insurance in the form of Physical gold and silver coins .
E-mail him at coins@coinguy.com

More evidence to throw out the incumbents in November 2010!!!!!

In case you haven’t figured out what’s happening, here’s a wrap-up
of the program:

WAYNE ALLYN ROOT: Overwhelm the system

Barrack Obama is no fool. He is not incompetent. To the contrary,
he is brilliant. He knows exactly what he’s doing. He is purposely
overwhelming the U.S. economy to create systemic failure, economic crisis
and social chaos — thereby destroying capitalism and our country from
within.
Barack Obama is my college classmate (Columbia University, class of
’83). As Glenn Beck correctly predicted from day one, Obama is following the plan of Cloward & Piven, two professors at Columbia University. They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands. Add up the clues below. Taken individually they’re alarming. Taken as a whole, it is a brilliant, Machiavellian game plan to turn the United States into a socialist/Marxist state with a permanent majority that desperately needs government for survival … and can be counted on to always vote for bigger government. Why not? They have no responsibility to pay for it.

— Universal health care. The health care bill had very little to
do with health care. Â It had everything to do with unionizing millions of
hospital and health care workers, as well as adding 15,000 to 20,000 new IRS agents (who will join government employee unions). Obama doesn’t care that giving free health care to 30 million Americans will add trillions to the
national debt. What he does care about is that it cements the dependence of those 30 million voters to Democrats and big government. Who but a socialist revolutionary would pass this reckless spending bill in the middle of a depression?

— Cap and trade. Like health care legislation having nothing to do
with health care, cap and trade has nothing to do with global warming. It
has everything to do with redistribution of income, government control of
the economy and a criminal payoff to Obama’s biggest contributors. Those
powerful and wealthy unions and contributors (like GE, which owns NBC, MSNBC and CNBC) can then be counted on to support everything Obama wants. They will kickback hundreds of millions of dollars in contributions to Obama and the Democratic Party to keep them in power. The bonus is that all the new taxes on Americans with bigger cars, bigger homes and businesses helps Obama “spread the wealth around.”

— Make Puerto Rico a state. Why? Who’s asking for a 51st state?
Who’s asking for millions of new welfare recipients and government
entitlement addicts in the middle of a depression? Certainly not American
taxpayers. But this has been Obama’s plan all along. His goal is to add two
new Democrat senators, five Democrat congressman and a million loyal
Democratic voters who are dependent on big government.

— Legalize 12 million illegal immigrants. Just giving these 12
million potential new citizens free health care alone could overwhelm the
system and bankrupt America. But it adds 12 million reliable new Democrat
voters who can be counted on to support big government. Add another few
trillion dollars in welfare, aid to dependent children, food stamps, free
medical, education, tax credits for the poor, and eventually Social
Security.

— Stimulus and bailouts. Where did all that money go? It went to
Democrat contributors, organizations (ACORN), and unions — including
billions of dollars to save or create jobs of government employees across
the country. It went to save GM and Chrysler so that their employees could
keep paying union dues. It went to AIG so that Goldman Sachs could be bailed out (after giving Obama almost $1 million in contributions). A staggering $125 billion went to teachers (thereby protecting their union dues). All those public employees will vote loyally Democrat to protect their bloated salaries and pensions that are bankrupting America. The country goes broke,
future generations face a bleak future, but Obama, the Democrat Party,
government, and the unions grow more powerful. The ends justify the means.

— Raise taxes on small business owners, high-income earners, and
job creators. Put the entire burden on only the top 20 percent of taxpayers,
redistribute the income, punish success, and reward those who did nothing to deserve it (except vote for Obama). Reagan wanted to dramatically cut taxes in order to starve the government. Obama wants to dramatically raise taxes to starve his political opposition.

With the acts outlined above, Obama and his regime have created a
vast and rapidly expanding constituency of voters dependent on big
government; a vast privileged class of public employees who work for big
government; and a government dedicated to destroying capitalism and
installing themselves as socialist rulers by overwhelming the system.

Add it up and you’ve got the perfect Marxist scheme — all devised
by my Columbia University college classmate Barack Obama using the Cloward and Piven Plan.

Wayne Isaksen – Team Pay it Off

           I hope this doesn’t ruin your weekend.

Here are 50 revealing statistics about the US economy from Blacklistednews.com.

… the following are 50 very revealing statistics about the U.S. economy that are almost too crazy to believe….

#50) In 2010 the U.S. government is projected to issue almost as much new debt as the rest of the governments of the world combined.

#49) It is being projected that the U.S. government will have a budget deficit of approximately 1.6 trillion dollars in 2010.

#48) If you went out and spent one dollar every single second, it would take you more than 31,000 years to spend a trillion dollars.

#47) In fact, if you spent one million dollars every single day since the birth of Christ, you still would not have spent one trillion dollars by now.

#46) Total U.S. government debt is now up to 90 percent of gross domestic product.

#45) Total credit market debt in the United States, including government, corporate and personal debt, has reached 360 percent of GDP.

#44) U.S. corporate income tax receipts were down 55% (to $138 billion) for the year ending September 30th, 2009.

#43) There are now 8 counties in the state of California that have unemployment rates of over 20 percent.

#42) In the area around Sacramento, California, there is one closed business for every six that are still open.

#41) In February, there were 5.5 unemployed Americans for every job opening.

#40) According to a Pew Research Center study, approximately 37% of all Americans between the ages of 18 and 29 have either been unemployed or underemployed at some point during the recession.

#39) More than 40% of those employed in the United States are now working in low-wage service jobs.

#38) According to one new survey, 24% of American workers say that they have postponed their planned retirement age in the past year.

#37) Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008. Not only that, more Americans filed for bankruptcy in March 2010 than during any month since U.S. bankruptcy law was tightened in October 2005.

#36) Mortgage purchase applications in the United States are down nearly 40 percent from a month ago to their lowest level since April of 1997.

#35) RealtyTrac has announced that foreclosure filings in the U.S. established an all-time record for the second consecutive year in 2009.

#34) According to RealtyTrac, foreclosure filings were reported on 367,056 properties in March 2010, an increase of nearly 19 percent from February, an increase of nearly 8 percent from March 2009, and the highest monthly total since RealtyTrac began issuing its report in January 2005.

#33) In Pinellas and Pasco counties, which include St. Petersburg, Florida, and the suburbs to the north, there are 34,000 open foreclosure cases. Ten years ago, there were only about 4,000.

#32) In California’s Central Valley, 1 out of every 16 homes is in some phase of foreclosure.

#31) The Mortgage Bankers Association recently announced that more than 10 percent of all U.S. homeowners with a mortgage had missed at least one payment during the January to March time period.  That was a record high and up from 9.1 percent a year ago.

#30) U.S. banks repossessed nearly 258,000 homes nationwide in the first quarter of 2010, a 35 percent jump from the first quarter of 2009.

#29) For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together.

#28) More than 24% of all homes with mortgages in the United States were underwater as of the end of 2009.

#27) U.S. commercial property values are down approximately 40 percent since 2007, and currently 18 percent of all office space in the United States is sitting vacant.

#26) Defaults on apartment building mortgages held by U.S. banks climbed to a record 4.6 percent in the first quarter of 2010. That was almost twice the level of a year earlier.

#25) In 2009, U.S. banks posted their sharpest decline in private lending since 1942.

#24) New York state has delayed paying bills totaling $2.5 billion as a short-term way of staying solvent but officials are warning that its cash crunch could soon get even worse.

#23) To make up for a projected 2010 budget shortfall of $280 million, Detroit issued $250 million of 20-year municipal notes in March. The bond issuance followed on the heels of a warning from Detroit officials that if its financial state didn’t improve, it could be forced to declare bankruptcy.

#22) The National League of Cities says that municipal governments will probably come up between $56 billion and $83 billion short between now and 2012.

#21) Half a dozen cash-poor U.S. states have announced that they are delaying their tax refund checks.

#20) Two university professors recently calculated that the combined unfunded pension liability for all 50 U.S. states is 3.2 trillion dollars. 

#19) According to EconomicPolicyJournal.com, 32 U.S. states have already run out of funds to make unemployment benefit payments, and so the federal government has been supplying these states with funds so that they can make their payments to the unemployed.

#18) This recession has erased 8 million private sector jobs in the United States.

#17) Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of 2010.

#16) U.S. government-provided benefits (including Social Security, unemployment insurance, food stamps, and other programs) rose to a record high during the first three months of 2010.

#15) 39.68 million Americans are now on food stamps, which represents a new all-time record. But things look like they are going to get even worse. The U.S. Department of Agriculture is forecasting that enrollment in the food stamp program will exceed 43 million Americans in 2011.

#14) Phoenix, Arizona, features an astounding annual car theft rate of 57,000 vehicles and has become the new “Car Theft Capital of the World.”

#13) U.S. law enforcement authorities claim that there are now over 1 million members of criminal gangs inside the country. These 1 million gang members are responsible for up to 80% of the crimes committed in the United States each year.

#12) The U.S. health care system was already facing a shortage of approximately 150,000 doctors in the next decade or so, but thanks to the health care “reform” bill passed by Congress, that number could swell by several hundred thousand more.

#11) According to an analysis by the Congressional Joint Committee on Taxation, the health care “reform” bill will generate $409.2 billion in additional taxes on the American people by 2019. #10) The Dow Jones Industrial Average just experienced the worst May it has seen since 1940.

#9) In 1950, the ratio of the average executive’s paycheck to the average worker’s paycheck was about 30 to 1. Since the year 2000, that ratio has exploded to between 300 to 500 to one.

#8) Approximately 40% of all retail spending currently comes from the 20% of American households that have the highest incomes.

#7) According to economists Thomas Piketty and Emmanuel Saez, two-thirds of income increases in the U.S. between 2002 and 2007 went to the wealthiest 1% of all Americans.

#6) The bottom 40 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.

#5) If you only make the minimum payment each and every time, a $6,000 credit card bill can end up costing you over $30,000 (depending on the interest rate).

#4) According to a new report based on U.S. Census Bureau data, only 26 percent of American teens between the ages of 16 and 19 had jobs in late 2009, which represents a record low since statistics began to be kept back in 1948.

#3) According to a National Foundation for Credit Counseling survey, only 58% of those in “Generation Y” pay their monthly bills on time.

#2) During the first quarter of 2010, the total number of loans that are at least three months past due in the United States increased for the 16th consecutive quarter.

#1) According to the Tax Foundation’s Microsimulation Model, to erase the 2010 U.S. budget deficit, the U.S. Congress would have to multiply each tax rate by 2.4. Thus, the 10 percent rate would be 24 percent, the 15 percent rate would be 36 percent, and the 35 percent rate would be 85%

We can help your personal economy by getting you out of debt:  

www.teampayitoff.com

6/5/2010

Well the article I posted dated April 30, 2010 apparently was spot on-unfortunately!  It is now day 46 and oil is still spewing into the Gulf.

This morning I noticed that oil is washing up on Floridas beaches, it is only a matter of time before it makes its way up the Eastern Seaboard.  This is truly  a total disaster not only for the environment but the fishing industry and for the National economy as well.  This country is on very shaky ground economically, this BLACK SWAN EVENT just hastens our descent into another decline, perhaps a depression?

This catastrophy is the USA’s CHERNOBYL  and we will never get on track with offshore oil drilling in the USA.  It could be a good thing if it wakes up the present administration to earnestly persue alternative energy sources for our country. We had a golden opportunity to do this back in the 1970′s when we had the arab oil embargo and gas tripled in price. That opened the door for Japan to ship over their funny little cars.  Well its not funny anymore!  No only did we not get the message, we shot the messinger! 

Indeed it is a sorry state of affairs we find ourselves in, Peak Oil, Overconsumption, Underproduction, A Bankrupt System Indeed.

This latest Crisis is just a symptom of a much larger problem.

Wayne Isaksen  - Team Pay it Off.com

5/19/2010

As I am sitting here today entertaining a mob of local realtors who converged on my house for a lovely luncheon in order to bring attention to the home and get someone to take this damn McMansion off my hands. Time is running out and I want to be debt free in a smaller home by the summer.

I have been reading and watching the news in utter amazement as they give their opinion on what happened in  the primaries last night.  They do not have a friggen clue!  ITS THE INCUMBENTS STUPID. It doesn’t matter if they are Democraps or Republiclowns if they are in office they are part of  the problem (A Big Problem) and they’re getting their asses  voted out! Goodbye and good riddance to Arlen Spector (Benedict Arlen) possibly the slimmest politician in Amerika. People are totally fed up with the way this country is being run into the ground, any politician that thinks they can ride Obama’s coattails will be left strewn off on the side of the road. Congradulations to Rand Paul for his double digit win in the Kentucky Primary. Lets bring this ruling elite our version of Shock and Awe come November-I can’t wait! 

This Picture is what awaits the Incumbents in November:

(That’s all I have to say about that)