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Major Threats to Proposition 13 and Homeowners | Howard Jarvis Taxpayers Association : Major Threats to Proposition 13 and Homeowners

In J.P. Morgan suit, timing is everything - MarketWatch First Take - MarketWatch

Can you believe the gall of Spain's economy minister! Wow! Spain says there must be no limit set on ECB bond buying - Yahoo! Finance

Government won't prosecute Goldman Sachs in probe – USATODAY.com

WOW! My previous futures broker (PFGBest)... thank God I am no longer with them... and those that think "Obamacare", run by our government, is going to turn out swell this is what you can expect... AS USUAL OUR REGULATORS ARE ASLEEP AT THE WHEEL! WHEN ARE AMERICANS GOING TO WAKE AND DEMAND CHANGE! OH, THAT'S RIGHT, YOU DID IN THE LAST PRESIDENTIAL ELECTION! THE CORRUPTION AND ROT RUN TO THE CORE NOW... LEHMAN BROS BERNIE MADOFF MF GLOBAL (Corzine) GOLDMAN SACHS (Lloyd Blankfien) JP MORGAN/CHASE (Jamie Dimon) PFGBest (Russell Wasendorf Sr.) WHERE IS THE JUSTICE DEPARTMENT ~ OH, THATS RIGHT ~ THEY TOO ARE ABOVE THE LAW NOW! SAD TO SAY... I SMELL A SYSTEMIC FAILURE AND THEN REVOLUTION IN OUR FUTURE... http://online.wsj.com/article/SB10001424052702304022004577518680956762826.html

Petition - A Petition to Support the Saving American Democracy Amendment : Bernie Sanders - U.S. Senator for Vermont

The Fed's Zero Rate Policy Is Destroying America : ..."Today the situation is reversed. Non-commercial demand for dollars is collapsing in much of the global economy, in part because the Fed is transferring something like three quarters of a trillion dollars annually from individual and corporate savers to the Wall Street banks"

msnbc video: Bank of America reviews foreclosure documents

Linda Foley Identity Theft Resource Center Keep your Social Security number’s last four digits secret. You are only legally required to give out your Social Security number (SSN) when applying for new financial accounts, to an employer or for governmental purposes. The last four digits combined with your name and address could be used to obtain a wealth of information. Safety: Ask why a company would need your SSN -- if you are not comfortable with the answer, seek an alternative company or use another means of ID. Bottom Line/Retirement interviewed Linda Foley, founder, Identity Theft Resource Center, San Diego, www.idtheftcenter.org.

This past Wednesday marked the three month anniversary of ObamaCare being rushed through Congress and signed into law. As Speaker Pelosi famously stated that “we have to pass the bill so that you can find out what is in it,” Americans are beginning to dislike the health care law more and more as its harrowing details are unveiled. Although the Majority claimed the health care law would reduce premiums by $2,500, in actuality it is expected to raise premiums by as much as $2,100, according to the Congressional Budget Office. In addition, during debate of the bill, Democrats claimed their government takeover of the health care sector would create millions of new jobs. However, according to a study by the National Federation of Independent Business, the health care law’s employer mandate could eliminate 1.6 million jobs through 2014, with 66 percent of those coming from small businesses. Because the health care law raises health care costs and kills jobs, among other atrocities, Con...

THE BLUEPRINT by WAYNE ALLYN ROOT , classmate Barach Obama is no fool. He is not incompetent. To the contrary, he is brilliant. He knows exactly what he's doing. He is purposely overwhelming the U.S. economy to create systemic failure, economic crisis and social chaos -- thereby destroying capitalism and our country from within. Barack Obama is my college classmate (Columbia University, class of '83). As Glenn Beck correctly predicted from day one, Obama is following the plan of Cloward & Piven, two professors at Columbia University. They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands. Add up the clues below. Taken individually they're alarming. Taken as a whole, it is a brilliant, Machiavellian game plan to turn the United States into a socialist/Marxist state with a permanent majority that desperately needs government for survival ... and can be counted on to always vote for bigger gove...

HJTA, California Pension Reform Score a Major Victory for the Taxpayers Judge orders Orange County Employees Retirement System to turn over public records detailing public employee pensions SACRAMENTO --- Howard Jarvis Taxpayers Association and the California Foundation for Fiscal Responsibility (also known as “California Pension Reform”) have won a key victory in the battle against out-of-control pensions for state and local bureaucrats. A judge in Orange County has ordered the Orange County Employees Retirement System (OCERS) to turn over information on the lavish pensions of bureaucrats. OCERS must release the names, gross pension amounts, and the last employing agency from which the worker retired. “This is a great day for every taxpayer in the state of California who is fed up with subsidizing cushy retirement programs for government bureaucrats, and who wants to know the whole truth about what we’re paying for,” said Jon Coupal, president of the Howard Jarvis Taxpayers Associati...

Senate Republican Leader Dennis Hollingsworth (R-Murrieta) and Senator Bob Dutton (R-Rancho Cucamonga) issued the following statements concerning state budget deliberations. Sen. Dennis Hollingsworth - Senate Republican Leader: "The budget proposals Democrats have put forward so far are financially irresponsible or illegal. Only Governor Schwarzenegger has proposed a legal budget proposal that closes the $19 billion deficit without raising taxes. We share the same goals: fix the budget by reducing spending and without raising taxes, reform some of the biggest looming problems, and get the economy moving again by bringing jobs back to California." Sen. Bob Dutton - Vice Chairman, Senate Budget Committee: "I've become increasingly frustrated during this budget process because it has become clear that the only solutions Democrats have offered to close the $19 billion deficit are a mix of accounting maneuvers and tax increases. In fact, the Assembly Democrats' pr...

This week, President Obama embarked on a public relations offensive hoping to convince skeptical Americans that the Democrats’ health care overhaul is good for them.  First up, the President held a nationally televised question-and-answer session with seniors to highlight the one-time, $250 rebate check that relatively few seniors will receive if they reach the Medicare Part D donut hole this year.  In fact, more than 9 in 10 Medicare beneficiaries will never receive one of these checks. Despite the PR campaign, the problem remains in the policy.  According to the non-partisan Congressional Budget Office (CBO), the $250 one-time check pales in comparison to the $8,980 per senior cut in Medicare spending under the law over the next ten years.  Because the new health care law harms seniors by slashing Medicare, Congressman Miller and his Republican colleagues will continue to fight to repeal the law.   

By Adam B. Summers and Jon Coupal  California’s $19 billion budget deficit seems to worsen by the day, but an even larger financial crisis is brewing in the state’s pension system. Over the last two decades, state lawmakers have bestowed massive pension and benefit increases upon government workers. Unfortunately, taxpayers are now getting the bills for these handouts. Recent studies estimate California has $500 billion in unfunded pension liabilities, not to mention over $50 billion in unfunded retiree health care liabilities. It’s important for the state to recognize how it got into this fiscal disaster—and how to get out of it.   California’s public pension and retiree health and dental care expenditures have quintupled since fiscal year 1998-99, going from about $1 billion to $5 billion this year. And retirement spending is expected to triple again—to $15 billion—within the next decade.  Part of the problem is the growth of state governmen...

This Could be the US within Years Let’s see… Greece is having trouble with unfunded liabilities, runaway debt and constituents that demand they live off the public largess while much of the world recognizes that the current situation as unsustainable. I don’t see how the US is much different. While there are rosy projections that we’ll eventually be decreasing our deficit over the next few years if all goes well, what’s clear even in the most optimistic government models is that in 2030 and beyond we have a runaway situation. We’re seeing states and municipalities struggling to control debt and most of it stems from the overly generous pension and healthcare obligations they’ve made to generations of public-sector workers that is unsustainable. While the private sector has cut jobs, real wages and forced increased employee contributions to benefits for a decade, public workers have pretty much maintained the status quo as if they live in a vacuum. I can’t blame the worke...

By Jon Coupal For those who work in the private sector, the dream of enjoying  a comfortable retirement has become just that -- a dream. The impact of the recession continues to be brutal, especially on older workers. “More than seven-in-ten (72 percent) workers over the age of 60 who said they are putting off their retirement are doing so because they can’t afford to retire,” according to a recent survey by CareerBuilder.  In California, with unemployment and under employment totaling over 21 percent – only Michigan with its decaying auto industry is worse off – older people being forced to work longer may regard themselves as lucky just to have a job. This is not a concern for those who enjoy the job security of working for California government.  The highest paid public workers in all 50 states -- some of whom are able to retire as many 15 years earlier than the private sector average with pensions nearing full time-pay -- continue to be shie...

The House on Thursday passed the Puerto Rico Democracy Act to authorize a federally-sanctioned vote of the people of Puerto Rico regarding their political future. While under current law, Puerto Rico can conduct a vote anytime to determine their voting status, under the legislation, a two-step voting process would occur. The first vote would allow the people of Puerto Rico to choose between selecting a “different political status” or maintaining their “present political status” as a U.S. territory with commonwealth status. If the majority of the people vote in favor of a “different political status”, then a second vote would be held allowing Puerto Ricans to choose between four options: independence, commonwealth, free association with the U.S., or statehood. While Congressman Miller believes the people of Puerto Rico should be able to go to the ballot box to express their views on their future political status, he opposed the bill because it contains serious flaws. Among these fl...