Monday, March 5, 2012

Government Employees - The True 1%


How did America become broke and insolvent? How did we build up an unimaginable $115 trillion in debt and unfunded liabilities? How did we allow the American Dream to become a nightmare? All we need to do is look at the primary demand the Eurozone and IMF are placing on hopelessly bankrupt Greece to get their new $170 Billion bailout: Greece has agreed to cut 150,000 government employees. Even Cuba's leader Raul Castro recognizes government employees are at the root of economic destruction, as he is cutting over 2 million of them to save Cuba from bankruptcy. The truth is that government employees are the true 1%. We have far too many of them (21 million), they are paid too much, and their union demands are straining taxpayers to the breaking point. [more...]

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