Posted in Debt

Levy’s Explained “raise my tax itis” needs to end

Total Dollars needed (taxed) by each tax district (levy) = Total amount of dollars collected by property owners in each district   The tax rate = the percent each property owner must pay to get the money needed by each District (Based on State formulas used by the assessor called assessed value)   Not increasing […]

Joe Walsh, Call & express your support

From Beautiful Homer Glen, I agree with Joe Walsh when he tells Obama to stop lying. Everyone from Homer Glen Illinois to Austin Texas are feeling the economic pressures from our Progressive president that wants to make us like a socialist European Country with their collapsing economy’s. This attitude by the Progressives for raising […]

Debt, our Demise

From beautiful Homer Glen I am looking out the window at all the nice home’s , trees, and cars going by realizing that Homer glen will not exist as I know it in 10 short years if congress continues to keep on spending and borrowing so they can spend more. We have reached a pivotal […]

Third World America 2011: Forget “Fast Tracking to Anarchy” We’ve Arrived

Janet Tavakoli President, Tavakoli Structured Finance Source: Huffington Post Last summer I wrote about Arianna Huffington’s latest book, Third World America: How Our Politicians are Abandoning the Middle Class and Betraying the American Dream and talked about the Great Recession, the Great Bailout, and the Great Cover-Up of financial crimes. I also wrote that municipal […]

Jobs, Jobs, Jobs

From beautiful Homer Glen, listening to the radio, I hear the jobless rate is now 9.1%. That high number helps me understand why there are so many homes abandoned and why foreclosures are rising. Business is struggling because people have less disposable income. The 9.1% number does not include people who ran out of unemployment, […]

Trapped Inside an Economic Prison (Video)

Nigel Farage – Leader of UK Independence party

Raising the Debt Ceiling: Republicans’ Last Stand

Source: Human Events, by Reps. Gohmert, King and Bachmann 05/06/2011 For fiscal year 2007, the last year for which the Republican majority was responsible for the budget, Republicans were properly berated by Democrats for being so irresponsible as to run up a $160 billion deficit. After President Obama took office, those very same beraters found […]

Debt Debate Front and Center

Congress returns from spring break to begin what promises to be a major debate on the government’s long-term financing. Lawmakers have about two months to increase the debt limit, according to the Treasury Department. Although leaders of both parties have said the debt ceiling must be raised and that some mechanism is needed to limit […]