America, Meet Inflation coming from spending more then we have. Fairtax please

Tom Brennan of Facebook shared this truth about inflation over the Obama administration. Note, that it is the policies of the left and of the Right Establishment power that has led us into this abyse and the bottom will be changing tax structure, the sooner the better, to fairtax.

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We were promised Hope and Change.
The change is in the chart below and the hope is that it does not get any worse.
Forget about Hope.
It is going to get much worse.
After two years of Obama ...
Here's your change!

Item.January 2009. TODAY. % chg. Source
Avg. Retail price/gallon gas in U.S. $1.83 $3.44 84% 1
Crude oil, European Brent (barrel) $43.48 $99.02 127.7% 2
Crude oil, West TX Inter. (barrel) $38.74 $91.38 135.9% 2
Gold: London (per troy oz.) $853.25 $1,369.50 60.5% 2
Corn, No.2 yellow, Central IL $3.56 $6.33 78.1% 2
Soybeans, No. 1 yellow, IL $9.66 $13..75 42.3% 2
Sugar, cane, raw, world, lb. Fob $13.37 $35.39 164.7% 2
Unemployment rate, non-farm, overall 7.6% 9.4% 23.7% 3
Unemployment rate, blacks 12.6% 15.8% 25.4% 3
Number of unemployed 11,616,000 14,485,000 24.7% 3
Number of fed. Employees 2,779,000 2,840,000 2.2% 3
Real median household income $50,112 $49,777 -0.7% 4
Number of food stamp recipients 31,983,716 43,200,878 35.1% 5
Number of unemployment benefit recipients 7,526,598 9,193,838 22.2% 6
Number of long-term unemployed 2,600,000 6,400,000 146.2% 3
Poverty rate, individuals 13.2% 14.3% 8.3% 4
People in poverty in U.S. 39,800,000 43,600,000 9.5% 4
U.S.. Rank in Economic Freedom World Rankings 5 9 n/a 10
Present Situation Index 29.9 23.5 -21.4% 11
Failed banks 140 164 17.1% 12
U.S. Dollar versus Japanese yen exchange rate 89.76 82.03 -8.6% 2
U.S. Money supply, M1, in billions 1,575.1 1,865.7 18.4% 13
U.S. Money supply, M2, in billions 8,310.9 8,852.3 6.5% 13
National debt, in trillions $10.627 $14.052 32.2% 14

Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast. Metaphorically speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane. 27 times faster, it would be doing 1,755 MPH!
Sources:
(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. Of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury
THE PRESIDENCY
SOME WILL APPRECIATE THIS AND SOME WILL NOT.
HOWEVER, ALL OF IT IS TRUE.
So, tell me again, what is it about Obama that makes him so brilliant and impressive? Can't think of anything? Don't worry. He's done all this in 24 months -- so you'll have one year and ten months to come up with an answer.
Every statement in this email is factual and directly attributable to Barrack Hussein Obama. Every bumble is a matter of record and completely verifiable.
EVERYONE SHOULD READ THIS...
I WONDER HOW MANY WILL FORWARD THIS?
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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.

Tennessee Legislature, 98 to 0 Counters Ogilarchy of SCOTUS on Ten Commandment Courthouse Display

Guess what lawmakers want counties to post!

www.wnd.com

The Ten Commandments once posted in County Circuit Judge Roy Moore's courtroom Throughout America's rich history, asserts a Tennessee House Resolution that was passed 98-0 this week, both the citizenry and their elected officials alike have deeply...

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my comment:

 

The Federal Government shall make no Law respecting Religion. Is, was a State issue before the 14th Amendment, which now states that all government shall make no law.  The Supreme Court in determining Judge Roy Moore having to remove his Ten Commandment display of respect has in fact made law respecting Religion.

 

Now Tennessee Legislature has taken on the Oligarchy of the Supreme Court and told their State, by unanimous vote, that they may do as they will in displaying the ten Commandments, a grand precedent in tenth Amendment authority over the Federal Government in the abuse of the Constitution, removing the unconstitutional dictates of the US Supreme Court. Thank you Tennessee~

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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must forgive them, including myself.

Why is the Postal Service struggling with red ink?

Editorial: Why the U.S. Postal Service needs to be reformed

Published: Wednesday, June 01, 2011, 7:00 AM Updated: Wednesday, June 01, 2011, 7:29 AM

By The Grand Rapids Press Editorial BoardThe Grand Rapids Press

Say what you want about the auto industry bailouts, but at least taxpayer help came with the expectation of corporate change. Now General Motors is creating jobs, Chrysler has paid back its $7.6 billion government loan, and both are on a path to better things — provided management and unions work together to remain lean and profitable.

That should be the model for all government aid. Make sure the help isn't wasted and, where needed, is used to drive reforms....

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my comment:

The stifling truth of why the postal service is not moving as swiftly as necessary too keep the red ink down is many fold, but the primary reason is the very nature of the controls on the Service by Congress. This article points out that it is still under the screws of the Federal Government, but it is a non-profit agency, separate in body from the Federal employees. Yet, the Hatch Act still controls the employees conduct.

Back When President Bush43 was trying to balance the deficit plunge we had before his first bailout, Congress decided to place on postage the retirement portion of the military service pensioners are allowed to use in determining years of service. This one act has produced a yearly cost to the Postal service that would more then keep the postal service solvent.

Another huge point of contention that keeps the Postal service struggling to keep balance books is the number of Post Offices that Congress would not allow closed due to the people not wanting their own identity of a zipcode to be gone. This blocking has come to a near end as many small post offices are closing which is a huge cost savings for the Service.

Currently, the Postmaster General is determined to change the employment status of all PostMasters in offices level 16 and down from white collar to clerk status, a crewleader if you will. Level 16 is small cities, town in America and is a majority of offices.  Centralizing sorting stations is also happening which will cause some delay in mail, but will achieve savings. Remember, the reason for a continued monopoly by the postal service is to maintain the timely delivery to every home in America for a same very low cost per letter. The same such service if not so protected would be causing a lot of fuel expense by customers to go to town for their mail as it would be impossibly cost prohibitive to deliver to the home.

 

The one point is as all bureaucracies, it is still top heavy, though leaner then days gone by.  There is still too many postal employees who do not even touch the mail being processed and thus are a dead weight to production costs.

 

Nope, Federal entitlement programs are not well. President Reagan put social security on a sound path fiscally, but who came along to ruin it, Congress again. They have spent all our savings to cover the babyboomers. We need to get entitlements out of DC to protect our pensions not to mention to get the Constitution back to our Law of the Land. Privately owned HSA/IRAs locally invested, State ran will work wonderfully. By setting in motion a plan to protect the investment of those elderly, we can set up a 10 or 20 year window to dwindle off the current Federal entitlements. To afford this plan we need Fairtax structure federally. Go to www.fairtax.org to get the hidden federal tax out of domestic goods.  Even bread has federal tax hidden in the price, the same tax you have already paid from your paycheck. fairtax will give you a gross pay check.
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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.