The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label state. Show all posts
Showing posts with label state. Show all posts

Tuesday, June 10, 2014

Pension shortfalls force states to put retirees money at risk

If there is one thing most politicians fail at, it is their ability to project and plan for the future, when it often more beneficial to their careers to sell out for today.  And because politicians for the most part are tied to 2-4 year election cycles, it rarely behooves them to make policies that are beneficial to constituents over the long run, and instead are more apt to sacrifice the future for their political present.

Because of the inflated housing bubble of the mid 2000′s, states were saturated with tax revenues and budget surpluses.  Yet instead of trusting history that validates that all economic cycles go both up and down, they spent this money like drunken sailors and even mortgaged their budgetary future through debt and the belief that the good times would never go away.  Because of this, state pension funds, which were primarily driven by municipal bonds and equity stocks, cratered hard during the Great Recession that began in 2009.  And five years later, these retirement funds have not yet recovered in nearly all regions within the United States.


Read more on this article here...

Friday, February 17, 2012

Crime and prisons are the new economy

As more and more incarceration is being outsourced to private companies, an interesting dychotomy is occurring between the state, and these entities.

Companies are MANDATING that states arrest more poeple, and ensure quotas to the prison system.

The nation’s largest private prison company is offering cash-strapped state governments to buy up their penitentiaries and manage convicted criminals at a cost-savings. But there’s a catch…the states must guarantee that are there are enough prisoners to ensure that the venture is profitable to the company.
Corrections Corporation of America (CCA) has reached out to 48 states as part of a $250 million plan to own existing prisons and manage their operations. But in return CCA wants a 20-year contract and assurances that the state will keep the prisons at least 90% full. - All Gov.com

Just like the old cliche regarding life insurance, where sometimes a person is more valuable dead than alive, so to is it becoming more profitable to the state when someone is incarcerated than free.

Tuesday, November 15, 2011

UBS issues report on the Rise of the State over the economy

There was a time in history when economies ran as a function unto themselves.  When supply and demand worked hand in hand with sound money, and trade was a mutual thing between one or more nations.

However, since the 1930's, those who listened to, and chose to follow the insane polices of John Maynard Keynes and institute government intervention to spur artificial growth in the economy, are now finding that the final step in this process is a complete takeover of the economy by the state itself.

In a new report from UBS, the rise of the state over the economy is nearly complete, and it carries itself in the form of either Fascism, Socialism, Marxism, or any combination of the three.

Governments are encroaching into more and more areas of the world economy. This is not just through political drama (as we have seen in the Euro area), nor even through the conventional mechanisms of foreign exchange intervention. Regulation (and regulatory uncertainty), sovereign wealth funds, bond market manipulation and default risks all play a role in financial markets, and all are intensely political in their nature. - UBS via Zerohedge

You can see the entire report by going to this site.

For years, US Presidents, or candidates running for the Presidency, have given promises that THEY can fix the economy, and right the financial ship of the nation.  This is no longer simply a campaign promise, as the ability to control and regulate nearly every aspect of the markets and the economy is now contained in the myriad of government agencies under the domain of the Executive Branch.