The one coming on January 1, 2013 is the first baby step.
The next one is the killer.....
Let us spend more from the bottomless barrel of imaginary money with no value.
Get away from bonds and treasuries.
GLD, SLV, PRPFX
I suggest 20-40% of portfolio in gold/silver
Medicaid: 70.4 million enrolled in Medicaid, 22% of the population.
Medicaid: 53 million enrolled, receiving $405 billion, $7,800 per person (2012)
Food stamps: 46.7 million enrolled receiving $75 billion, $1,605 per recipient (2012)
Food stamps: 47.6 million enrolled receiving $80 billion, $1,671 per recipient (2013)
August, 2012: 8,786,049 American workers are collecting federal disability insurance under Social Security
January, 2013: 8,830,026 American workers are collecting federal disability insurance under Social Security
In August, 2012, In August 2012, 142,101,000 Americans were working
56.3 million Americans were on Social Security in 2011.
$114 billion constitutes two percent of bank deposits?
The income tax deduction for health insurance/expenses adds up to $184 billion.
The income tax deduction for home owners interest adds up to $84 billion.
The corporate pension shortfall in June, 2005 was $353.7 billion
In 2012, government paid Lifeline wireless subscribers totaled 269,000 at the annual cost of $1.6 billion.
|2012 Debt in the United States (in billions $$)||Mortgage||$8,000|
|Home Equity lines||$573|
Census Bureau: Means-Tested Gov't Benefit Recipients Outnumber Full-Time Year-Round Workers
When Obamacare is fully implemented on Jan. 1, 2014, Americans earning up to 400 percent of the
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