Forum Post: This is why the US is bankrupt. Must read
Posted 12 years ago on Dec. 7, 2011, 9:54 a.m. EST by danmi
(66)
This content is user submitted and not an official statement
U.S.A. BANKRUPTCY 101 It is easy to dismiss individual programs that benefit non-citizens until they're put together and this picture emerges. Someone did a lot of research to put together all of this data. Often these programs are buried within other programs making them difficult to find.
A Real Eye Opener WHY is the USA BANKRUPT?
Informative, and mind boggling!
You think the war in Iraq was costing us too much? Read this:
We have been hammered with the propaganda that it was the Iraq war and the war on terror that is bankrupting us.
I now find that to be RIDICULOUS.
I hope the following 14 reasons are forwarded over and over again until they are read so many times that the reader gets sick of reading them. I also have included the URL's for verification of all the following facts...
$11 Billion to $22 billion is spent on welfare to illegal aliens each year by state governments.
$22 Billion dollars a year is spent on food assistance programs such as food stamps, WIC, and free school lunches for illegal aliens.
3. $2.5 Billion dollars a year is spent on Medicaid for illegal aliens.
- $12 Billion dollars a year is spent on primary and secondary school education for children here illegally and they cannot speak a word of English!
5. $17 Billion dollars a year is spent for education for the American-born children of illegal aliens, known as anchor babies.
- $3 Million Dollars a DAY is spent to incarcerate illegal aliens.
30% percent of all Federal Prison inmates are illegal aliens.
$90 Billion Dollars a year is spent on illegal aliens for Welfare & social services by the American taxpayers.
9. $200 Billion dollars a year in suppressed American wages are caused by the illegal aliens.
- In 2006, illegal aliens sent home $45 BILLION in remittances to their countries of origin.
- The Dark Side of Illegal Immigration: Nearly One million sex crimes committed by Illegal Immigrants In The United States .
The total cost is a whopping " href="http://20w.drdsk.com/articleshtml "; $ 338.3 BILLION DOLLARS A YEAR AND IF YOU'RE LIKE ME, HAVING TROUBLE UNDERSTANDING THIS AMOUNT OF MONEY; IT IS $338,300,000,000.00 WHICH WOULD BE ENOUGH TO STIMULATE THE ECONOMY FOR THE CITIZENS OF THIS COUNTRY.
Are we THAT Stupid? YES, FOR LETTING THOSE IN THE U.S. CONGRESS GET AWAY WITH LETTING THIS HAPPEN YEAR AFTER YEAR!!!!!
Peanuts.
$500+ billion a year goes to China to pay for our trade deficit with them.
Didn't the Federal Reserve actually loan 7.7 trillion dollars to the banks, including foreign banks in South Korea, Mexico and other countries? Look it up. While our government created the diversion of public debates for the 700 billion in bank bailouts, the federal Reserve lent out trillions at an interest rate of less than 0.1% interest. If the banks so chose, they could then invest in government backed investments that paid 1-2%, which would cost us the tax payers more money. You sir, do not make a valid point about the true reasons the US is bankrupt, but I must point out the one point you made about incarcerating immigrants and the fact that it costs $3 million a day. Though I am not certain about that figure, I do know that PRIVATE prison corporations have lobbied to get those prisons built. It was the incarceration of immigrants that brought that industry back from the brink and the really bad news is that these same corporations are building prisons to house our own NATURAL BORN citizens as well. Companies like the GEO Group and CCA get paid 30K per body and their stock is traded based on the body count. And to add to this bad news, they also get paid to utilize these incarcerated individuals for labor; so much so that the business run with this virtually free (slave) labor actually puts legitimate businesses out of business, because they can't compete with non-existent wages. And how do you think these corporations intend to keep their business growing . . . By increasing the commodity that makes it thrive, by increasing those numbers incarcerated. And how pray tell do you think they intend to increase this commodity? Through lobbyist who will push for bills that make more and more activities illegal. In Florida, our governor recently passed a law that bans teen sexting (if an boy or girl sends illicit text to their underage boyfriend or girlfriend and does it more than twice, they can go to prison). Now, while I don't think teens should be sexting, morality should not be legislated, especially when it involves the developing minds of children, but these kids will be incarcerated and sent to a privately run prison and possibly forced to do labor for free. Ya capitalism . . . This is not good capitalism and it is not the way in which to run the premiere example of Democracy for the world. And blaming the poor, the young, teachers, policemen, firefighters (none of which you do in this post, but yours sounds like the rhetoric of someone who would) and immigrants is utterly ridiculous, especially when the companies that hire these "illegals" never face any penalties. And I hope we can both agree that if there were no jobs for the immigrants here, they would not be coming here. Anyway, good luck to you in this new millennium of dog eat dog world that you seem to prescribe to. I hope you don't get bitten.
yeah-ya.
you've got a fucked up method of accounting costs.
That's not even a cost born by the federal government. And there is no price tag associated with the cost of sex crimes so obviously your total isn't a total at all, it's a sub.
Using terms like anchor babies is definitely an attempt to shade the discussion in an effort to portray the entire mass of those who immigrate as the problem.
I think that tactic has been used before - like around 1930. The results were actually quite amazing, and should be cautionary.
I see you know no caution.
Did you know the repelican party is dead?
It is.
DEAD
Done
Fini
global warming is here.
This post is stupid. You wouldn't understand illegals unless you were discriminated against. I'm from Puerto Rico, we are US citizens by birth but we are often confused because our language is Spanish. People go to USA with hopes of finding a decent job and a better way of life. They are willing to contribute as much as they need to but they need the opportunity to earn a decent living instead of the below minimum wage jobs that they have to accept to survive. Instead of hating on illegals you should be promoting equal rights as citizens and ease of becoming a citizen. As for the language thing, Hawaii has it's own language as well as English.
The United states has been "legally" Bankrupt, with no chance of paying the interest on the debt borrowed, since the late 1800's.
According to the terms of the 1933 bankruptcy reorganization, the interest is to be paid in gold.
30 Major Corporations Paid No Income Taxes In The Last Three Years, While Making $160 Billion
http://thinkprogress.org/economy/2011/11/03/360185/30-corporations-no-taxes/
http://www.youtube.com/watch?v=4Z9WVZddH9w
http://www.youtube.com/watch?v=EewGMBOB4Gg
Don't forget the LPR people (Green card holders) we have!
The Revolution has a new theme song!
http://www.youtube.com/watch?v=P89PlNkk0eY&feature=related
http://occupywallst.org/forum/make-a-stand-join-the-clan/
The Revolution starts here!
[Removed]
Illegal aliens that are allowed in, in exchange for, they will vote for the democrats.