God bless the printing money machine
Benefits for not working:
Food stamps:
45.8 million people, 15% of the U.S. population
Average food stamp benefit was $133.80 monthly per person
Total full-year cost = 73,536,480,000
Disability payments:
10.7 million people
The average monthly benefit payment was $1,190
Total full-year cost = 152,796,000,000
Unemployment insurance:
The total number of people claiming
benefits in all programs for the week
ending November 17 was 4,959,240
The average weekly benefit payment was $376.
Total full-year cost= 95,931,538,560
Benefits for not working
are increasing the incentive not to work.
Number of Social Security Beneficiaries
55,404,480
The average monthly Social Security benefit
for a retired worker was about $1,230 at the
beginning of 2012.
Total full-year cost =817,770,124,800
Saturday, December 8, 2012
Friday, December 7, 2012
How to move back 15,001 years
Environment and Energy Minister Delphine Batho wants all the lights in shop windows, offices and storefronts across France to be turned off between 1 a.m. and 7 a.m.
Prehistoric people used lamps to illuminate surroundings.
Hundreds of these lamps have been found in the Lascaux caves in modern day France, dating to about 15,000 years ago.
Environment and Energy Minister Delphine Batho wants to move back 15,001 years
Prehistoric people used lamps to illuminate surroundings.
Hundreds of these lamps have been found in the Lascaux caves in modern day France, dating to about 15,000 years ago.
Environment and Energy Minister Delphine Batho wants to move back 15,001 years
Thursday, December 6, 2012
Average salary in Long Beach port versus average salary in China.
Average salary in Long Beach port versus average salary in China.
Clerical workers in Los Angeles, Long Beach ports make an average base salary of $87,000 a year.
When vacation, pension and other benefits are factored in, their annual compensation package reached $165,000 a year.
Port of Los Angeles received from China imports valued at$110,517,865,053 in 2010 (more than 50% of total imports).
Average Salary in the Manufacturing Sector in China is $ 134 monthly.
Clerical workers in Los Angeles, Long Beach ports make an average base salary of $87,000 a year.
When vacation, pension and other benefits are factored in, their annual compensation package reached $165,000 a year.
Port of Los Angeles received from China imports valued at$110,517,865,053 in 2010 (more than 50% of total imports).
Average Salary in the Manufacturing Sector in China is $ 134 monthly.
Wednesday, December 5, 2012
What do you need to finance the welfare state?
What do you need to finance the welfare state?
There is no way to finance the welfare state with taxes and public debt.
In order to finance the welfare state you need the printing money machine.
And the money printed for that machine must be the reserve currency of the world.
There is no way to finance the welfare state with taxes and public debt.
In order to finance the welfare state you need the printing money machine.
And the money printed for that machine must be the reserve currency of the world.
Tuesday, December 4, 2012
What is the human capacity to be lazy, fat, uneducated, homeless, smoker and whatever you want to be and to pay the price for it?
It is freedom.
Freedom is the human capacity to be lazy, fat, uneducated, homeless, smoker and whatever you want to be and to pay the price for it.
Freedom is the human capacity to be lazy, fat, uneducated, homeless, smoker and whatever you want to be and to pay the price for it.
Monday, December 3, 2012
Why university is not a good investment
Why university is not a good investment.
Two-thirds higher education of graduates now take out loans.
9.1% of borrowers in 2011 had defaulted on their federal student loans within two years of graduating.
3% of US GDP is spent in higher education.
Coursera and Udacity are free.
Two-thirds higher education of graduates now take out loans.
9.1% of borrowers in 2011 had defaulted on their federal student loans within two years of graduating.
3% of US GDP is spent in higher education.
Coursera and Udacity are free.
Sunday, December 2, 2012
Elites and bureaucrats are the middlemen in the transfer of resources from the tax payer to the poor
Elites and bureaucrats are the middlemen in the transfer of resources from the tax payer to the poor and vulnerable and the cut that elites and bureaucrats are taking for their job is becoming bigger and bigger.
Subscribe to:
Posts (Atom)