Poverty in America, the Bailout, and You
One in eight Americans, or over 40 million, were considered below the poverty line in 2007, before the current economic crisis and bailouts. The poverty level is considered an income of $19,125 for a family of four. This percentage is the highest level of poverty of any developed nation in the world. Recently, Bloomberg reported that the original $700 billion TARP bailout for Wall Street has mushroomed to over $7 Trillion, of which over $2 trillion has already been allocated. Some bloggers and papers correctly show that this inflation adjusted expense is more than any other expense ever, including World War II. However, what does $7 Trillion really mean and how will this lead to millions of more Americans falling to poverty within a few years?
Hint: 50% Inflation over current M3 Money Supply!
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3 Part Interview with Vasquez for Congress and Poll
I just want to give everyone an update to our Congressional bid in NY 21st District, which is an open seat and Ron Paul endorsed our campaign.
Endurance in the R3VOLution
The fight for freedom does not end when its no longer convenient. It means fighting on, under all circumstances, when its hard and we are scarred from the the road behind us.
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