Is America on the brink of civil war?
This viral video from ThinkOutsideTheTV shows how America may be nearing war with most people in the country not even knowing it.
- Viral video shows distribution of wealth in America (mercurynews.com)
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- America – On The Brink Of Civil War – DHS Ready for War on YOU (videosfortruth.com)
- Viral Video Reveals the Extent of U.S. Wealth Inequality (hispanicallyspeakingnews.com)
- Watch: Seals go surfing (cbsnews.com)
- Is America On The Brink Of Civil War ? 10 min video (talesfromthelou.wordpress.com)
- Watch: “Grumpy Cat” coming to TV (cbsnews.com)
- Viral video shows how wealth is really distributed – Economy (mgptpt.wordpress.com)
- Viral video shows how wealth is really distributed (economy.money.cnn.com)
- Two Steubenville Teens Convicted in Viral Video Digital Rape Case (themoderatevoice.com)
The GOP video team posted this clip of Sen. Harkin reassuring the nation that, despite our $16 trillion in debt, growing entitlements and massive deficits, we are not broke:
This argument sounded so familiar, but it took me a moment to realize where I’d heard it before. Back in March 2011, anti-capitalist Michael Moore gave almost the same speech in Madison, WI:
America is not broke. Contrary to what those in power would like you to believe so that you’ll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It’s just that it’s not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich.
Harkin was judged the 5th most liberal Senator by National Journal in 2011 and again in 2012. Given his apparent reliance on anti-capitalist Moore for this talking point, he needs to move up the list a few notches in 2013.
by Walter Hamilton
February 8, 20136:00 a.m.
The Internal Revenue Service is far behind its normal pace in processing federal tax returns and mailing billions of dollars in refunds, according to a new report.
Through Feb. 3, the agency sent out only about $4.3 billion in refunds, according to the analysis by Nicolas Colas, chief market strategist at ConvergEx Group in new York.
That’s far behind the $26.9 billion in refunds issued at this point in 2012. That’s a difference of $22.6 billion.
And 2012 itself was a slow year because the IRS was grappling with security issues, according to Colas. Going back to 2005, the IRS normally has mailed $30 billion to $40 billion in refunds by this point.
This year’s delay is an unwelcome byproduct of Congress’ acrimonious standoff over the so-called fiscal cliff at the end of last year, according to Colas. The IRS had to wait for the year-end jockeying to conclude before it could determine exact tax policy and print the appropriate forms.
The agency only began accepting returns from individual taxpayers on Jan. 30. And those with more complicated returns — such as small businesses claiming depreciation credits and families with educational write-offs — won’t even be able to file for several more weeks because the applicable forms aren’t ready yet.
Aside from the annoyance for people awaiting a return of their money, the delay could weigh on the economy in the early part of 2013.
About 80 million filers, or 58% of the total, get money back each year, Colas wrote. The average refund is $2,927, or an entire month of take-home pay for a family earning the median annual income of $50,054 (assuming a 20% tax hit).
As Colas points out, $22.6 billion equates to 900,000 new cars at $25,000 each or 113,000 new homes at $200,000 each.
“This is real money to most American households,” Colas wrote.
Reblogged from the New American / Bob Adelman
(you can find it here – Social Security to Run Out of Money Sooner Than Estimated.)