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Monday, May 28, 2012

Fwd: Negative Views on the US Economy and Politics

The feed is a litany of what is bad at America:   forthcoming police state, the $46 trillion credit storm, growth vs. austerity measures in Europe, taxes on expatriate Americans (at 35%!!!)

---------- Forwarded message ----------
From: American Breaking Point <Service@americanbreakingpoint.com>
Date: Sat, May 26, 2012 at 9:03 PM
Subject: The Fuse Is Lit





American Breaking Point
EMAIL ALERT: May 26, 2012 HOME ABOUT Follow Twitter Facebook
What You May Have Missed This Week…
Further Reading…
*The Playing Field Is Still Bumpy
May 25, 2012
Italy's prime minister said that Eurobonds should be considered as a possible solution for the financial crisis in Europe. Ladies and gentleman, do you believe in logic? It's just another cover-up.
*Forget Bailouts, We Need a Shakeout
May 23, 2012
Despite what our leaders and those who want to be elected as our leaders constantly talk about—multipliers, stimulus, economic incentives etc.—our government can never be run efficiently.

*Average Congressman Speaks at a High School Level
May 22, 2012
In 1914, The New York Times reported unjust taxes of 7% on Americans living abroad. Despite the outcry, the taxes are still in place today, though they top out at a whopping 35%.
*Can a Libertarian Be Pro Life?
May 21, 2012
Ron Paul has presented one of the purest libertarian platforms of any presidential candidate in U.S. history. But, his staunch pro-life position is bringing his political beliefs into question.
Read more...
Elizabeth Warren: Busted in The New York Times!
By Charles Goyette
The New York Times refuted what is probably the most repeated claim about the mortgage meltdown by foes of the free economy. It deserves attention. Read more…
The Police State Is Here
By Tim Kelly
The much-feared police state has arrived. Its growth had been gradual but it metastasized after 9/11. A large portion of the public appears to be appropriately alarmed, but it remains to be seen whether this will reach a critical mass in time to reverse the country's destructive course. Read more…
A $46 Trillion Credit Storm Is Brewing
JPMorgan's $2 billion loss was just one of many red flags popping up around the globe right now. Companies are struggling with the slowdown in global economic growth—and earnings are taking a hit.
And it's only going to get worse when you consider… the Eurozone is falling apart with depression-era unemployment and disgusted voters… the U.S. is at risk of falling back into recession as unemployment is still above 8%, economic growth is a measly 3% and foreclosures mount by the day… and China's economic growth engine is slamming on the brakes with Chinese companies forecasting a slowdown in business.
Friend, a new bankquake is set to rock America again. You must take steps now to protect your wealth—and profit. Learn more.
Europe's Only Recovery Option
By Bryan Perry
The eurozone needs ECB-sponsored growth tied to fiscal discipline to accomplish genuine economic recovery. Without real growth to offset widespread spending cuts, a deep and protracted recession is unavoidable. Read more…
100 Year Legacy of Expatriation Due to Taxes
By Mark Nestmann
In 1914, The New York Times reported unjust taxes of 7% on Americans living abroad. Despite the outcry, the taxes are still in place today, though they top out at a whopping 35%. Read more…
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