2011 budget deficit: the highest in 65 years

AMERICAN NIGHTMARE

Fed Reserve and greedy politicians market manipulation -- bubble/crash massive destruction of the mass while they are literally robbing trillions.

~~*~~

The 2011 budget deficit will almost equal that of two years ago, which was the highest in 65 years

http://www.bbc.co.uk/news/business-12291143

The US budget deficit will hit $1.48tn (£930bn), or 9.8% of economic output, this year, a spending watchdog said.

It is a record deficit in dollar terms, and almost equals the 10% of GDP overspend recorded by Washington in 2009 at the depth of the recession.

The Congressional Budget Office (CBO) revised up an earlier deficit estimate of $1.07tn after President Obama agreed a new stimulus package with Congress.

That package extended Bush-era tax cuts and prolonged unemployment benefits.

"The United States faces daunting economic and budgetary challenges," said the CBO in the introduction to its latest budget outlook report.

China vs Western debt enslaved

Actually Obama can't do much after the Greenspan financial slaughter of massive Americans -- bankrupting personal wealth using Tech bubble, and then, bankrupting home equity using R.E. bubble. Especially, during the recent years the truth about the Fed fraud is coming out, Americans are now finding out how deceptive and fraudulent Fed Reserve was and is.

Blaming Obama is either ignorant or intentional by the greedy and fraudulent fed fraudsters.

China vs Debt Enslaved Western

The problems which Americans are facing and all around the globe are "Greed" and "Deception" of the few in US AND MASSIVE CORRUPTION.

They are driving mass into insanity (e.g. the AZ shooting case) and poverty as most of Americans are now slowly realizing what is happening and find out true reality. Only those who are deceptive, greedy, and insane would be listening to the corrupt and deceptive American leaders -- who are against their own people and ALL around the globe. All western countries are now slaved to the ill leaders using a complete brainwash.

Most of US leaders and most of Americans do not realize what is happening because they are blinded with greed and corruption.

The AZ shooting case reflects the reality of the psychologists and other mental professionals have no idea what is happening in America; and they are clueless to understand the reality of Americans are completely brainwashed into insanity. Ron Paul mentioned this in his video once which I saw in the past. The AZ shooting case is a revelation of reality which Americans are facing. Many Americans do now realize it will get worse.

Only fools would be fooling into those who deceived mass into mass destruction as most of nations are bankrupted.

~~*~~

QUOTE:

But as Mr. Hu prepares to visit Washington this week in an attempt to defuse tensions with the United States, Obama administration officials are grappling with what they describe as a more complex reality. China is far wealthier and more influential, but Mr. Hu also may be the weakest leader of the Communist era. He is less able to project authority than his predecessors were — and perhaps less able to keep relations between the world’s two largest economies from becoming more adversarial.
http://www.cnbc.com/id/41111158


Western countries are enslaved by massive debt which they will NEVER get out!Greed is the root of all evil, and the greedy mammon has possessed western world completely! Western countries are possessed by demonic deception as in Genesis 3:1 for example, there is no hope for this world under the demonic, highly deceptive system except through Asians realize and understand the realities of deception in bankrupted nations in western countries.

The most highly demonic, intellectual reptilians possessed and brainwashed almost all, and the foolish Asians and almost all westerns are enslaved by the reptilians, e.g. Greenspan & Bernanke Fed Reserve living hell, rotting human beings alive --- financial hitler, i.e. its demon possessed slaves.

Christianity, as well as other religions, is used by the reptilians such as Greenspan-Bernanke and the Fed Reserve mammon greed followers as they preach Love and Peace only to lead mass into massive financial hitler style rotting people alive, and claim themselves as Elites -- which is in reality - the demons in Genesis 3:1. The demonic power pollutes western cultures with ill, sickness of various kinds - e.g. the 666 digital enslavement. Nearly 80% adult Americans, for example, are on some kinds of drugs such as psychological drugs if those are not illness related. Western countries are sick and filled with all kinds of different mental sickness and enslavement.

China, obviously, has better financial & political system when compared to US/Europe Capitalism Fraud & Deception.

Asians are brainwashed with false propaganda.

How bad is the China financial and political system?
Capitalism became the worst form of economic system -- it's nightmare, and I can explain. You should know when you think about the reasons. The capitalists are the profit-takers (your wealth).

~~*~~

The Foreclosure Dump

Millions of Americans lost their life saving and bankrupted, now, because of the fraud and deception using markets. They will never recover from the nightmare in their life time. They are living in living nightmare.

The western financial, economical, and political system became demonic.


http://beautifulbible.multiply.com/journal/item/531

• • Apple Again Turns to Cook in CEO Jobs' Absence

    If the past is any indication, Tim Cook's mastery of inventory management and his high expectations should leave Apple in good hands while Steve Jobs, takes a medical leave of absence. Apple's Jobs Takes Medical Leave

  • Citigroup Posts Profit but Misses Estimates; Shares Drop
  • States Warned of $2 Trillion Pensions Shortfall
  • Bear Investor Says 'I Have Been Too Bullish'
  • Obama Wants to Shed Rules That Hurt Job Growth
  • Manufacturing Index Gains on Shipping Increase
  • Comerica Buying Sterling Bancshares in $1 Billion Deal
  • Up to Half in US Have Pre-Existing Conditions: Study
  • JetBlue: Storm Cost About $30 Million in Lost Revenue
  • OPEC Says World Well Supplied, Criticises IEA

  • The Hottest New Cars for 2011

  • Delta Profit Misses Expectations; Shares Fall
  • • World Needs $103 Trillion in New Credit: WEF
    • Tunisia: Will There Be a Domino Effect?
    • Boeing Delays Dreamliner Delivery to Third Quarter
    • Spain Sells $7.34 Billion in Treasury Bills, Yields Fall
    • TD Ameritrade Quarterly Profit Rises 6 Percent
    • EU to Include Liquidity in Bank Stress Tests, Results
    • China Lends More to Emerging Nations Than World Bank
    • FCC, DOJ Nearing Approval for Comcast-NBC Deal
    • Goldman Snubs US Investors in Facebook Share Offering
    • China May Cut Lending Target by 10% to Curb Inflation
    • Will Lower Corporate Tax Rates Create Jobs?
    • US States With Most Foreclosures—Updated

    • Whitney: Big Muni Bond Dump Coming Financial analyst Meredith Whitney expanded her call that U.S. municipalities face a wave of defaults: "When you have the first group of defaults you will see indiscriminate selling."

    • Your Trade During Earnings Season

      For the near term the strategy likely will be to try to find entry points into a market that appears overbought.

    • Market Seems Tired: Pros

      Investor complacency, seasonal chart patterns and a 4-year high in insider selling point to a coming market sell-off.

    • Dark Pools & Lit Pools: A Financial Morality Tale? Credit Suisse has launched a new "lit pool"—in contrast with the "dark pools"—which are periodically vilified for their absence of transparency.

    • Massachusetts High Court Slams Banks on Mortgage Foreclosures
    • Why Apple Will Reach a Trillion Dollar Market Cap
  • 
    

  
  

Tea Party

http://www.usdebtclock.org/ http://www.youtube.com/watch?v=H5OtB298fHY http://www.youtube.com/watch?v=I0fQd858cRc http://endingspending.com/ http://godcountryusa.ning.com/ http://912dc.org/ http://teapartypatriots.org/ http://www.912petitions.com http://www.912west.org http://www.freedomworks.org/ http://www.teapartyexpress.org/ FreedomConference@yahoo.com http://www.912delawarepatriots.com http://www.manateechc.com/ http://www.northgeorgia912.com http://www.lagrangepatriots.org/ dianne.teaparty@gmail.com http://www.SaukValleyTeaParty.com http://www.downstateiladvocate.com http://www.hoi912.com http://www.quincyteaparty.com http://www.greaterneworleansteaparty.com http://www.northshoreteaparty.webs.com http://www.freedomlibertyteaparty.com http://www.meetup.com/NH912Project http://www.meetup.com/The-9-12-Project-of-NYC/ http://9-12projecthaywoodcountync.ning.com http://9-12projectashevillenc.ning.com http://www.NCFreedom.us http://www.teapartymuskogee.com http://www.formspring.com/forms/appdevteam-taxreferralteaparty http://marchonsalem.com http://www.nashville912project.org http://912ftw.org http://www.WeThePeople-Washington.org http://www.wyoming912coalition.org http://www.meetup.com/cctx912 Get involved and educated. Find a 9/12 Event Near You! http://www.youtube.com/watch?v=PaQ5y2NBwk0 http://www.youtube.com/watch?v=-ZLFeZnwNHE * Bankrupted most of major nations, western Christian nations, around the globe while Fed Reserve having multi-trillions. * 0.1% owns 99% American wealth • 83 percent of all U.S. stocks are in the hands of 1 percent of the people. • 61 percent of Americans "always or usually" live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007. • 66 percent of the income growth between 2001 and 2007 went to the top 1% of all Americans. • 36 percent of Americans say that they don't contribute anything to retirement savings. • A staggering 43 percent of Americans have less than $10,000 saved up for retirement. • 24 percent of American workers say that they have postponed their planned retirement age in the past year. • Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008. • Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975. • For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together. • In 1950, the ratio of the average executive's paycheck to the average worker's paycheck was about 30 to 1. Since the year 2000, that ratio has exploded to between 300 to 500 to one. • As of 2007, the bottom 80 percent of American households held about 7% of the liquid financial assets. • The bottom 50 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth. • Average Wall Street bonuses for 2009 were up 17 percent when compared with 2008. • The top 1 percent of U.S. households own nearly twice as much of America's corporate wealth as they did just 15 years ago. • In America today, the average time needed to find a job has risen to a record 35.2 weeks. • More than 40 percent of Americans who actually are employed are now working in service jobs, which are often very low paying. • or the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011. • Approximately 21 percent of all children in the United States are living below the poverty line in 2010 - the highest rate in 20 years.