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  • Clarocet for Kids
     

    Pinks Slips Coming For 450,000 State and Local Government Employees in 2012

    Mac Slavo
    May 26th, 2011
    SHTFplan.com
    Comments (70)
    Read by 219 people

    In June of 2010 we noted that well known financial sector analyst and the woman who blew the doors open on the 2008 mortgage crisis, Meredith Whitney, was forecasting that two million government employees would see their jobs cut over coming years because of fiscal problems.

    It’s happening.

    Over 300,000 jobs have been cut in fiscal year 2011, and that number is about to increase 50% going into 2012:

    Around 450,000 people who work for U.S. states, counties, cities, towns and villages could get pink slips in fiscal 2012, sharply up from the 300,000 positions shed this year, a report said on Monday.

    The number of job cuts will rise mainly because the federal stimulus program is ending while the cost of Medicaid is “spiraling,” said the report by UBS Investment Research.

    States got billions of extra dollars primarily for education and Medicaid from the stimulus plan. Medicaid is the state-federal health plan for the poor and disabled.

    Maury Harris, a UBS economist, on a conference call said the deficits states and municipalities will have to close will climb to $155 billion in fiscal 2012 from about $108 billion in the current fiscal year.

    So much for job creation. After hundreds of billions of dollars spent on government entitlement programs, it’s clear that government budgets are unsustainable.

    First the cities and the states will go bankrupt (it’s clear that most are insolvent right now).

    The Federal government will do their very best to bail them out.

    But it won’t work.

    Eventually, the Federal government, itself insolvent, will be recognized for what it is: bloated and bankrupt.

    The real fun begins when the rest of the world finally responds to the US sovereign debt crisis by cutting off our international credit card, leading to the collapse of the largest credit bubble in the history of the world.

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    Author: Mac Slavo
    Views: Read by 219 people
    Date: May 26th, 2011
    Website: www.SHTFplan.com

    Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

     

    70 Comments...

    Vote: Click here to vote for SHTF Plan as a Top Prepper Web Site
    1. Rob says:

      Thanks Mac, another fine article. I tell everyone to check out your wit, sarcaism, and WISDOM. We live in very perilous times, and folks need to be getting ready. Keep up the good work, and may we each be diligent, kind, sharing, and encouraging. Community will be so very important, and things in the long run could become much better. We are already enslaved…perhaps real freedom will become more common. Best to you and all.

      • countrygirl says:

        Thanks for the positive comment. I agree that many have lost there freedom due to consumptive life styles and a gotta out do the Jones’s mind set.

    2. Odd Questioner says:

      Strange and perhaps evil thought…

      …I wonder what the government workers’ union mouthpieces will say when this start happening?

    3. anonymous says:

      By Bob Ivry – May 26, 2011 10:47 AM ET .
      Credit Suisse Group AG (CS), Goldman Sachs Group Inc. (GS) and Royal Bank of Scotland Group Plc (RBS) each borrowed at least $30 billion in 2008 from a Federal Reserve emergency lending program whose details weren’t revealed to shareholders, members of Congress or the public.

      The $80 billion initiative, called single-tranche open- market operations, or ST OMO, made 28-day loans from March through December 2008, a period in which confidence in global credit markets collapsed after the Sept. 15 bankruptcy of Lehman Brothers Holdings Inc.

      Units of 20 banks were required to bid at auctions for the cash. They paid interest rates as low as 0.01 percent that December, when the Fed’s main lending facility charged 0.5 percent.

    4. Hard Times says:

      Senator Colburn said “The American people will not allow us to make the kind of cuts we really need to make”.

      These words keep ringing in my ears since stated two weeks ago.

    5. MadMarkie says:

      A step in the right direction might be to close all the military facilities that the United States maintains in 130+ locations around the world and bring all of our military forces home where they belong.

      We could also cut all foreign aid to every country around the world. As it stands right now, we are building roads, bridges and schools in Afghanistan while our roads deteriorate, our bridges fall down and our schools fail.

      • PO'dpatriot says:

        They are not going to bring them home anytime soon. Thats to keep them “out of country” for as long as possible. If they brought them home then they would see first hand what is transpiring here and would be harder to control. Therefore the conflicts will continue, be maintained and perhaps expand. Remember when Janet the Neonazinapolintano commented that “most likely homegrown terrorists would be prior military service people, that had just returned from active duty”

      • GA Mom says:

        The amount of money we literally WASTE by sending it to other nations is amazing to me. We have total devastation in several parts of our nation right now. Who’s coming to our aid? Answer. No One. Even the community organizer is uninterested – heaven forbid he should interrupt his European Vacation.

      • We are paying money to our enemies in the middle east. We send money that the Mulsim Brotherhood and others who dole it out in their name to the people to feed them. And they use that aid to gain goodwill with the people and to recruit them and their children to come against us. How is that for crazy logic?
        Cut foreign aid till we get our own house in order and then start again but we should not be paying money to our enemies.
        And it would help if our Congressmen and women would stop thinking of billions of dollars as an insignificant amount of money. Money saved is a good thing.

        • Howard T. Lewis III says:

          Good point about foreign aid. Our present banking system is removing billions of dollas from our economy every year and has been declining to issue any replacement. The overall result is increased poverty for American citizens. We need to get back to our constitutionally mandated currency so inerest AND principal stay in the U.S. for no loss to banks which are now making America go broke no matter what the espenditures and taxation. This is why the Fed is referred to as a ponzi scheme. We can’t win.
          Oh, and Osama bin laden did not do 9-11. Do your homework and turn off the TV.

      • Anonymous says:

        Can’t bring em home.Aren’t no jobs for them.Just like TSA,nothing but a jobs program.

    6. One question says:

      Are they FINALLY gonna lay off the useless-as-tits-on-a-bull drug warriors? Wanna save $100 billion a year? END the unconstitutional War on(some) Drug(-users) fer chrisakes!

    7. Odd Questioner says:

      @MadMarkie: Agreed – we can start with closing nearly all of the bases in the EU, and let them defend themselves…

    8. Slim says:

      I agree PO’d & Odd but you better have a lot of Pv panels & a horse because #1 doesn’t really want to drill baby drill.

    9. The public workers, upon losing their livelihood, their indignation at first will be amusing. However, expect things to get ugly quickly. Minor shock that munis have not begun their death spiral in a public manner. QE3 is ramping up – more currency debasement

    10. caryn says:

      back to coburn’s statement about american people not wanting to make the cuts that are needed….so what. do it. if a person has not gotten prepared for difficult mean times yet, it is just too bad. the american people are like spoiled children..they want it and they want whatever it is NOW..and no one considers the consequences of their childish behaviour. i think that what coburn actually meant was the ones who bear the responsibility of the debt crisis/economy/jobs etc…just do not want to be the ones to make the decisions to do it..they dont have the cahonas! they would rather lose an election than pull the trigger on pet projects, grants, and reform. they are just gonna keep kicking the can down the road until one of us gets mad enough and throws it back at ‘em..by then, it will be too late.

    11. caryn says:

      actually it probably is already too late.

    12. Stealth says:

      It is too late Caryn and there is nothing we do can stop it.
      Those treasonous snakes in both houses [and the WH] have cost us the very freedoms we will soon have to fight to regain. How sad and pathetic for our children, what will I tell them?
      I have worked all my life to be where I am and now see it all slipping though my fingers.
      I had hoped that by fighting in foreign lands I could keep the wolves from the door…who knew they were already here masquerading as our fellow countrymen and women.
      It’s time to water the tree of liberty.

    13. Raged64 says:

      I wonder what level it will be that develops the crack that starts the crumbling in the house of cards…internationally with Japan or the E.U., federally with our own bloated, indebted, out of control monster of a government, or at the state and local level? I cannot imagine it will take too much more before the final straw is placed on the camel and our world changes very quickly forever…

    14. James Woroble Jr says:

      It would appear that socialist New Jersey will be getting a well deserved and long overdue fiscal enema, since 3 out of 5 jobs are either directly or indirectly funded by government expenditure.

      Remember, in such socialist states, lower taxes (and/or less tax revenues) necessarily equals MASSIVE UNEMPLOYMENT!

      Half a million? This is the tip of the iceberg and the first of many installments.
      —-

    15. Dave says:

      Mac, government jobs are not “job creation”, they’re a drag on those that must fund them, it’s a push, or a break even at best.
      I have nothing against government workers and I know many that work very hard in shitty conditions, but you guys have to realize that there are way too many of you and your pensions are HUGE

    16. Patriot One says:

      I don’t feel sorry for them, the gravy train has been running full speed for over 60 years. I spent 30 years in DC and I can tell you from experience there are a whole lot of Government employees with their hand out.

      You know when the factory shut down in your town did the employees riot? No. When you lost your job was there rioting in the streets? No. Well stand by, when government employees start losing their jobs, they will be protest, unrest and possibly riots.

      Government employees are takers, they produce nothing. The government doesn’t spend government money, they spend your money..

      With that said some government employees are beneficial, Police, Fire, CIA, DOD, The Military and there are others. For the most part though, we could eliminate 75% of the government employees and it would not make any difference in most of our lives.

      Just think about it. What does the government do for you? When was the last time you got something from the government beside a hard time or more regulations and less freedom?

      • lovejoy says:

        You are pulling numbers out of your hind end, there’s no way you could eliminate 75% of Government workers and keep the country functioning. Like it or not, paper needs to be pushed to pay “Police, Fire, CIA, DOD, The Military”, without which the whole country collapses..

        • Patriot One says:

          I really wish I was. We have approx. 22,800,000 government employees and 11,500,000 manufacturing jobs producing everything we still make in America. What’s wrong with this picture?

          Are you one of those government employees? Furthermore we don’t need paper pushers anymore now that we have computers. So just what are all those paper pushers doing all day?

          In small business 20 years ago we had accountants, book keepers and support staff. Now we have a $400 quickbooks program that does it all.

          The problem is not the government worker, its the 7.5 managers for every 2.5 real workers. Once governments admits this, the first thing they will do is eliminate the 2.5 workers. That’s the problem with government.

        • Odd Questioner says:

          “…there’s no way you could eliminate 75% of Government workers and keep the country functioning.”

          When I taught for a living, the campus I worked in had 150 non-teaching employees, and 42 teachers. It doesn’t take a degree in mathematics to figure out that yes, there is indeed room to trim out the fat.

    17. tired says:

      I’m tired of supporting government workers they r dead weight anyway. let them try to make it in the private sector. Not the SOCIALIST SECTOR BUT THE CAPITALIST SECTOR. They r idiots get out get a real job support everyone else not just the government that just sucks the real earners dry. Government employees have had 90% of their brains sucked out. They don’t have a clue how to make an egg sandwich much less make it on their own. WAKE UP PEOPLE COMPLAIN TO SENATORS, CONGRESS ETC. ETC. STOP COMPLAINING HERE. Complain where it will do some good IMAGINE 4 MORE YEARS OF SOCIALIST O’BAMA. GOD CAN’T HELP US. JUST THE UNITED WE STAND WILL SURVIVE. GOODBYE OBAMA & MUSSSSSSSS.

    18. Willie Wonka says:

      Nice retooling of your site Mac…although the old one was nice also.
      One shameless Plug if you don’t mind

      http://www.reveresride.net/

    19. double wit says:

      @ bob ivry

      I once worked at Covisint, the auto companies portal they concocted to force cost reduction and standardization out of their suppliers. It has since, for all intents and purposes, failed. It was bought by Compuware and occupies some dingy corner in their basement in Texas. they wasted at least a couple hundred million $$ on it.

      It took them over a year to find a replacement CEO to take the helm and they finally got the CFO from credit suisse. I was there the whole time he was) He was, how do I say this without risking libel, allegedly less than worthy of his pay and position. He produced little if any positive results. Besides his $12 million a year salary, they gave him a $25 million buyout after one year allegedly just to get rid of him. There were many credible “rumors” floating around that while he was there at Covisint, he made the facilities guy paint his house on company time.

      A prime example of the incompetence, corruption, and low moral fiber of so much of the “leadership” in this country right now.

    20. Durango Kidd says:

      Save $300 billion every year by sending Illegals home.

      The cuts would serve Americans best if they were in Washington DC.

      The beltway needs to tighten its belt by a couple dozen notches.

    21. JANE says:

      GOVERNMENT JOBS ARE NOT JOBS, THEY ARE ACTUALLY DEBT.
      IT SOUNDS LIKE SOLVING UNEMPLOYMENT PROBLEMS, AND POLITICIANS TRY TO TAKE ALL THE CREDIT.

      BUT IN REALITY, IT JUST PUTS US FURTHER IN DEBT.

    22. anonymous6.8 says:

      The only legitimate reason for government to exist is to protect our individual liberty and private property. I consider the criminal code proscribing homicide, rape and robbery to be productive law. Most law is written by the Power Elite to control and loot us. Most LEO happily salute, say “Yessir (please keep me on the payroll)” and enforce any law no matter how tyrannical. Peace Officers are our friends. LEO are part of the problem. Do we really need a police force?

      Many delegates to the Constitutional Convention feared the citizenry would someday corrupt any government if they discovered they could make of government the universal santa claus. That’s the political environment we have now.By “citizenry” I also mean crony capitalism, the armaments industries buying politicians from POTUS down who will keep us always at war somewhere.

      The government that can give you everything you want is powerful enough to take from you everything you have. That has been the case since 1865 at least.

      Personally, I’d dig deep to subscribe to a competent fire and rescue department just as I subscribe to cable TV. Leave my home alone. Abolish the property tax that feeds the local parasites. Do free (and armed) people really need a police department = the occupying army in their community? aka the best armed street gang.

      The bloated social welfare agencies of local government must go. If you have a special needs child, your family and friends are your first recourse. The church. The Red Cross. But the tax payer has no moral obligation to be your cash cow. Your motivation may be altruistic but if it’s involuntary it’s still theft.

      Taxation is theft. Government takes at gunpoint the wealth we earn and save. It grows fat in a parasitical relationship to the peaceful and productive.

      Comparing the Stamp Act to our tax burden now even the most mercantilist Member of Parliament would be appalled that anyone would accept the tax burden that we do. Allowing government at all levels to decide how much power it is can have is a prescription for our permanent slavery. And no, voting won’t change anything.

      The right to rebel is open ended. Eventually there will be a Concord & Lexington 2. Let’s make sure the resultant “government” serves our interest not the parasites.

      • Fed Up says:

        I couldn’t have said it better 6.8

        I do think it would be VERY interesting to see what would happen if food stamp cards, adjusted income housing, etc. all just dissapeared. I’m thinking of the financial aspects, not just the parasites who would be shellshocked they have to work to provide for themselves and the many many many children they have.

        I wouldn’t mind paying some taxes to keep up the roads, traffic lights, bridges, sewer systems etc. that many of us Americans rely on. Assuming the money actually got used for it and didn’t get sucked down some BS black hole!

    23. Ben Dover says:

      The replacement for our current gubmint will be several separate governments, each for a part of the FUSA.

      • YouAreTheGovernment! says:

        You got it Ben D!
        That’s the way it was supposed to be from the beginning. Each state was supposed to have its own way of doing things.
        The reasons the states unite – is for common protection of their individual state governments from two main enemies:
        1) foreign
        2) domestic – particularly an out of control federal “government”
        District of Columbia is a corporation, separate from the United states. It is not part of USA. Its jurisdiction is for DC and only DC. It is out of jurisdiction anywhere, but in DC. Any and all “feds” are mistaken in thinking that they have jurisdiction anywhere, but in DC.
        The only reason the are allowed to claim jurisdiction is because states and people allow them to have it.
        States and people gotta stand up to these “feds” (who probably don’t understand they are mistaken in thinking they have any jurisdiction outside DC) and say NO!
        And when the criminals elements of DC try to instigate another civil war – same thing – people of all states unite and show the bums the exit!

        Another thing; DC and all the politicos there are not the government of the USA – all people of the 50 states are the government.

        When DC gets out of hand – it’s the duty of people of all states to Unite and throw the bums out.

        It’s that simple.

    24. I work for a state agency. I’m a secretary and work very hard for the little money I take home. More and more work being piled on and the stress is taking it’s toll. I’m 58 and can’t just change jobs. I have to stay because no one will hire a 58 year old.

      • eeder says:

        CC
        oh yeah, so what do you want from the rest of us who work even harder for even less money? more and more crap , abuse , stress, is being piled on me on an hourly basis and its taking its toll…. i am 38 and have no hope of ever having any kind of retirement, further the bank wont even extend credit to me if i wanted it. furthermore, even if i wanted to change jobs there are no other jobs and i have to pay for you and many others as well.give it up… were all finished… and the rest of us who dont work for the “public sector` are not in a position and furhter we dont want to support you anymore while we all go down… WE CANT EVEN IF WE WANTED TO! what dont you understand.

        • Kelli says:

          Instead of taking your frustration out on public workers who are just trying to earn living the same as you but lucked out and got a job with benefits thanks to unionization, try focusing your anger on the people who really deserve it. That would be the bankers and corporate masters who have hijacked our government and bought them off. They also created the fiscal mess that we are in! I don’t understand how people can attack an ordinary person just out to make a living when there are greedy bastards who have destroyed this country and are living in the lap of luxury when they should be in PRISON! GET A LIFE!

    25. Just me says:

      The 450,000 job loss will not be in one day, they will be stagered in all parts of the country and go almost un noticed until it’s too late.The MSM will not be allowed to report most of them.
      It’ll be reported local only. 10 thou in NM one week then 10 thou in Maine a couple weeks later and all the time people will be saying, oh well, it wasn’t me and life will go on for a few more months til they all get the axe.
      If the troops were brought home, what do we do with them? They can’t be discharged because they will just go one unemployment which is already broke.
      We could put them on the borders and put out the word, If you’re here illegally, you have 30 days to leave, after that, you’re an enemy of the US and will be treated as such,
      go to the right offices and get a work visa for a short period, if you have a kid while here and you’re an illegal, the kid is illegal.You go to one of our hospitals on colleges, your government pays for it up front.
      Close all millitary bases and stop all foreign aid.we can’t keep giving while borrowing to do it. I don’t work for house holds and it won’t work for countries.

      We also have to get our own house in order, term limits, no benifits when you leave office, pay into SS and take the same insurance plans they’re shoving down our throats. ect. ect.it’ all been said a million times.

      Just heard that more pensions are investing into Hedge Funds which means more pension funds will be broke faster when the crash comes.

      • Joe says:

        Dear Sir
        I Think its the teachers and their Super Big Benefits And Pay thet get!Its a Super Joke the courts have to make the state give $500-HundredMillion to these Shcools that are Breaking the states and Putting out Lousy Products as are Very Poorly educated kids.To Me They Got of Away with Super Murdy and should have had to give back much more.It makes u wonder in the state of NJ were these judges bouth off!!!!!!!!!!!!!!

        • Kelli says:

          Joe you are obviously a product of which you speak! Again we have ignorant people attacking the average Joe when they should be focusing on the greedy bankers and CEOs who have bankrupted this country through outsourcing and mortgage fraud for starters. THEY SHOULD BE IN PRISON!

      • James Woroble Jr says:

        I completely agree. They will use the same model as they have with the US$ decline. And for the same reason. to ease the shock and thus the political impact upon themselves.

    26. Mardochee Augustin says:

      The state and local govts are screwed. Last I check all state pension liabilities are 3.3 trillion dollars underfunded. Where will they get $3 trillion form. The federal govt certainly does not have the money to this. And also our national debt is actually $19 trillion not 14.5 trillion. They do not account the $5 trillion we have in back GSE(government sponsored entities)like Fannie Mae and Freddy Mac. In a couple of years we will face a bond market meltdown because these states are going to face hardship. You have not seen nothing yet. When the Alt-A,Option Arm start reseting it will make the subprime crisis look like a walk in the park. States at some point 2-3 years from now states like California,Illinois,etc go to Washington and beg for bailouts. When that happens it will not be pretty.

    27. Anonymous says:

      Don Stott Colorado Gold.com
      A Great Reply!
      May 27, 2011

      Senator Alan Simpson called seniors “The greediest generation”, comparing Social Security to a “milk cow with 310 million teats.” A letter arrived at his office, written by an unknown.
      “Hey Alan, let’s get a few things straight. As a career politician, you have been on the public dole for FIFTY YEARS. I have been paying Social Security payments for 48 years, (since I was 15, and am now 63). My Social Security payments, and those of millions of other Americans were safely tucked away in an interest bearing account for decades until you political pukes decided to raid the account and give our money to a bunch of zero ambition losers in return for votes, thus bankrupting the system and turning Social Security into a Ponzi scheme that would make Bernie Madoff proud. Recently, just like Lucy and Charlie Brown, you and your ilk pulled the proverbial football away from millions of American seniors nearing retirement and moved the goalposts for full retirement from age 65 to age 67. NOW, you and your shill commission is proposing to move the goalposts YET AGAIN.
      “I, and millions of other Americans, have been paying into Medicare from Day One, and now you morons propose to change the rules of the game. Why? Because you idiots mismanaged other parts of the economy to such an extent that you need to steal money from Medicare to pay the bills.
      “I, and millions of other Americans, have been paying income taxes our entire lives, and now you propose to increase our taxes yet again. Why? Because you incompetent bastards spent our money so profligately that you just kept on spending even after you ran out of money. Now, you come to the American taxpayers and say you need more to pay off YOUR debt. To add insult to injury, you label us “Greedy”, for calling Bullshit on your incompetence. Well, Captain Bullshit, I have a few questions for you.
      “How much money have you earned from the American taxpayers during your pathetic political career? At what age did you retire from your pathetic political career, and how much are you receiving in annual retirement benefits from the American taxpayers? How much did you pay for YOUR government provided health insurance? What cuts in YOUR retirement and healthcare benefits are you proposing in your disgusting deficit reduction proposal, or, as usual, have you exempted yourself and your political cronies?
      “It is you, Captain Bullshit, and your political co-conspirators called Congress who are the “Greedy” ones. It is you and your fellow nutcases who have bankrupted America and stolen the American dream from millions of loyal, patriotic taxpayers. And for what? Votes. That’s right, sir. You and yours have bankrupted America for the sole purpose of advancing your pathetic political careers. You know it, we know it, and you know that we know it. And you can take that to the bank, you miserable SOB.”
      I couldn’t agree more. Of course he neglected the food stamps, public housing, and thousands of “Programs,” which have eaten us alive, and given birth to an entire generation of the ‘underclass,’ which didn’t exist until it became profitable not to work, copulate endlessly, and bring forth millions of worthless suckers at government teats, sponsored by us taxpayers.

    28. GA Mom says:

      Folks, they will just raise your taxes before they issue these pink slips.

      Our county did just that this week – my property taxes are going up by about $150 per year so that the precious government can maintain the status quo.

      These government agencies are not going to downsize without a fight. Count on it.

      • Anonymous says:

        All insurance is next also GA Mom.

      • Kelli says:

        Privatization is the word of the day boys and girls. They won’t raise taxes, they will sell, sell, sell, everything they can and we will pay, pay, pay fees to use our roads, parks and public schools. We will also be at the mercy of a corporation for our utilities. That’s what will happen if Governors like Scott Walker in WI get their way. But he is a hero to some of you folks here who don’t like unions and want to blame the situation we’re in on greedy public workers. YOU ARE THE FOOLS!

    29. Cuyler Salyer says:

      Good article Mac;

      Very true. Not said is that many of the Municipal, State and Federal Jobs now days are paid comparable or higher than the private sector. Need a massive flushing of jobs here , and getting back to more reasonable salaries.

      I mean give me a break. I read about a City Manager of La Brea California, a small bedroom suburb of Los Angeles making $400K+/ year, then he got the City Councel to vote to pay his phone bill, gas and car expenses to boot to spike his pay for retirement, then quit after a year! Meanwhile Valencia a Bankrupt City in California which is 2-3 times as large is only paying their City Manager $118K/ year. See how much a reset can do?

      Cuyler Salyer

    30. nonybags says:

      When will the average American realize that 80% of gov.employment is just a political payoff for votes. The s.e.c.has done nothing to prevent the bank corruption which caused this downturn.Bloated saleries with stockholders money. We do need our civil servants,police ,firefighters,road workers but not the phony paper pushers higher up. Get your passports renewed so you can excape the revolution which is coming. Thank you community organizers and corrupt congressmen.

    31. Gods Creation says:

      If those who will be let go in 2012 started right now with an internet business, by the time they got their pink slip they wouldn’t need the job anyway.

      The odds of that are nil, because public employees are the most dependent on the system and less likely to be able to take action on their own without being told what to do by their “authorities”.

      They will just end up on food stamps and other programs. By the time the administrative cost of those programs is added in the government will not be saving any money. Instead of the local government, which is a merely a division of the US Govcorp, it will come directly from the mothercorp.

      Whatever. It’s your corp not mine.

    32. Rocketman says:

      “Eventually, the Federal government, itself insolvent, will be recognized for what it is: bloated and bankrupt.”
      You left out “unbelievably corrupt”.

    33. hertrosexual FLAMER says:

      We get it James. STOP hitting the enter button!

    34. Well…no doubt that an era of entitlement is coming to an end which is what happens when these programs which were set up to work with exactly the opposite conditions that they now find themselves in are no longer viable. People blindly think “it can’t happen to them”. This is a huge mistake and most people are ill prepared to return to a time when you needed to be smart and plan ahead. We have an entire generation of weak, free loading and spineless wimps, like much of the western world simply feel that they can do nothing to receive somthing. In some defense to them they did contribute payments to a system that for all intensive purposes will see nothing from. So…..the overall question becomes, “will they accept this graciously?” I don’t think so.

    35. I’ll bet they arent getting rid of the overpaid supervisors execs that higher way too many employees to cover their job while they are out on the golf coarse. But I believe just like the stock market needs correction so does the beurocracy. We have have been over bloated and lazy for too long. It is time to make adjustments. The only problem is, they are just going to hirer more people elsewhere. The new age of policing Americans by many acronyms in the government will only continue to grow, How sad.

    36. SmokinOkie says:

      THAT’S 450,000 DOWN. 22 MILLION TO GO.

      • James Woroble Jr says:

        There won’t be enough rope nor enough diesel fuel to run the Caterpillar tractors to dig the pits. Looking forward to observing THEM being ordered what to do with a shovel!

    37. Hank says:

      The reason that Repub lost in New York is the folks didn’t want any cuts in Medicaire so the Dem crushed the Repub. People are, seemingly, in love with socialism and don’t want cuts. Unless it is the other guy, they ALL love their government programs.

      Then you have this when it came to Stimulus Jobs, I think America is gone and Ron and Rand both know that:
      Robert Reich, Obama’s economic adviser, and Charles Rangel, House Ways & Means Committee on Stimulus Jobs, how come Katie Couric, Brian Williams and Dianne Sawyer didn’t show this????

    38. James Woroble Jr says:

      We’re all going to really miss S!-! |T like this…

      Family Gets Final Warning for Not Paying Licensing Fee for Dead Cat

      http://www.king5.com/news/local/Family-gets-warnings-for-not-paying-licensing-fee-for-dead-cat-122778324.html

      How will we survive as a society without moronic, control freak, tax-sucking drones???? PRETTY DAMN WELL!

      Can’t wait ’till the shoe is on the other cloven hoof and these a(Z)(Z)holes are being told by their former bureaucratic gods how many pouches of Ramen noodles they get per week, and that they can no longer live out of their repo-hunted vehicle at the interstate rest area.

      It is my sincere hope that they exercise the same typical stupidity in issuing cat licenses in regard to operating their portable propane heater in the car on those chilly rainy nights as they sleep.

    39. James Woroble Jr says:

      More rope please….

      “This week, an American family who said they were just trying to teach their son about responsibility and entrepreneurship was fined $90,000 by the USDA because the teenager sold $4,600 worth of bunnies in one calendar year without a license. Not only were they demanded to pay $90,000, but if they did not pay within a short period of time the fine could increase to as high as $4 million.”

      The Door is About to Shut for Americans
      http://news.goldseek.com/GoldSeek/1306502400.php

    40. Amerikagulag says:

      Well, with the govt. hemorrhaging money into illegal wars and weapons, bankers yachts and the opium trade in Afghan, it’s no surprise we can’t pay our REAL bills.

    41. Magdelina says:

      Your thinking has been hijacked. Please reconsider why you are directing anger at someone you want to see punished rather than at the corporations who are punishing YOU! That’s right – sheep – you are following the wrong leader. It’s time to break out of your safe little herd and get a serious reality check. The reason your brain has been hijacked is because of an age-old brainwashing technique called “Fox News, Radio and what your society tells you is the truth”. STOP. Thank you very much. The world is a better place because you changed your thinking….

    42. Yes this is very sad, but I’ll bet that they scream louder than anyone else when they loose their jobs.

      I guess the oppressors petty bureaucrats and civil servants are going to find out what it is like to be just a regular common person.

      http://www.placeofregfuge2012.com

     
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