You Are Here: Home » News » Economic Collapse (Page 60)

OBAMA PUNISHES GENEROSITY: OBAMACARE INSTALLS FINES For HOSPITALS That CHARITABLY TREAT UNINSURED PEOPLE

Charitable hospitals that treat uninsured Americans will be subjected to new levels of scrutiny of their nonprofit status and could face sizable new fines under Obamacare. A new provision in Section 501 of the Internal Revenue Code, which takes effect under Obamacare, sets new standards of review and installs new financial penalties for tax-exempt charitable hospitals, which devote a minimum amount of their ...

Read more

20 Cities That May Face Bankruptcy After Detroit

Think Motown is the only major U.S. city in a boatload of financial trouble? Think again. Detroit's bankruptcy filing sent shivers down the spine of municipal bondholders, government employees, and big-city urban residents all over the country. That's because many of the 61 largest U.S. cities are plagued with the same kinds of retirement legacy costs that sent Detroit into Chapter 9 bankruptcy this summer. ...

Read more

SCUMBAG BLOOMBERG: NYC Bans Food Donations To The Homeless!!!

Mayor Michael Bloomberg’s food police have struck again! Outlawed are food donations to homeless shelters because the city can’t assess their salt, fat and fiber content, reports CBS 2’s Marcia Kramer. Glenn Richter arrived at a West Side synagogue on Monday to collect surplus bagels — fresh nutritious bagels — to donate to the poor. However, under a new edict from Bloomberg’s food police he can no longer d ...

Read more

REGULATION MADNESS: Obama Administration Requires Magician To Submit A 32 PAGE “DISASTER PLAN” FOR HIS RABBIT

Central planning in this country is getting completely and totally out of control. These days, you can hardly do anything without running into a suffocating web of red tape. For example, a small-time magician from Missouri that does magic shows for kids was absolutely horrified when he learned that the Obama administration is requiring him to submit a 32 page “disaster plan” for the rabbit that he uses in h ...

Read more

WEALTH REDISTRIBUTION: The Richest 300 People On Earth Have As Much Wealth As The Poorest 3 Billion [W/VIDEO]

Inequality Video Fact Sheet:   The figure we use for total global household wealth, $223 trillion, comes from the 2012 Credit Suisse Global Wealth Report. The figures we use for how the world’s wealth is divided by population cohort also come from the 2012 Credit Suisse Global Wealth Report, as discussed here. The video says that the richest 300 people on earth have more wealth than the poorest 3 billi ...

Read more

DESTROYING THE ECONOMY: The U.S. Government Will Borrow Close To 4 TRILLION DOLLARS This Year

When you add maturing debt to the new debt that the federal government is accumulating, the total is quite eye catching.  You see, the truth is that the U.S. government must not only borrow enough money to fund government spending for this year, it must also "roll over" existing debt that has reached maturity.  Of course the government never actually pays off any of that debt.  Instead, it essentially takes ...

Read more

IDIOCRACY NOW: The Sold Out $120 WHITE T-SHIRT by Kanye West [W/VIDEO]

I’m going to tell you a short story. Once upon a time, American founding father Benjamin Franklin said “Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety.” Over 200 years later in America, it was revealed our government was wholesale spying on the people. Instead of outrage and promises to immediately shut down these programs and hold anyone ...

Read more

A Look At Dubai’s AMAZING FUTURISTIC UNDERWATER HOTEL [W/ 7 PHOTOS]

Drydocks World and Maritime World, the shipbuilding arm of Dubai World, has revealed work will begin ‘very shortly’ on the underwater hotel it is developing with Deep Ocean Technology. The Water Discus Underwater Hotel will comprise a number of discs under water at depths ranging from 10 to 30 metres. The hotel’s design will allow it to be expanded and customised to suit the surroundings and requirements of ...

Read more

State Department Bureau Spent $630,000 On Facebook ‘Likes’

State Department officials spent $630,000 to get more Facebook "likes," prompting employees to complain to a government watchdog that the bureau was "buying fans" in social media, the agency's inspector general says. The department's Bureau of International Information Programs spent the money to increase its "likes" count between 2011 and March 2013. "Many in the bureau criticize the advertising campaigns ...

Read more

THE SINGLE FAMILY HOME HOUSING 23,994 ‘Unauthorized’ Aliens WHO ARE PAID A COLLECTIVE $46,378,040 …OF YOUR MONEY

(CNSNews.com) - The Internal Revenue Service sent 23,994 tax refunds worth a combined $46,378,040 to “unauthorized” alien workers who all used the same address in Atlanta, Ga., in 2011, according to the Treasury Inspector General for Tax Administration (TIGTA). That was not the only Atlanta address theoretically used by thousands of “unauthorized” alien workers receiving millions in federal tax refunds in 2 ...

Read more

EXPOSED: FASCISTS GIVING ‘OBAMAPHONES’ TO THOSE VOWING TO SELL THEM — FOR HEROIN [W/ VIDEO]

A Republican senator renewed his criticism of a government-backed program that hands out cell phones after an undercover video showed vendors helping people obtain the phones even after saying they wanted to sell them for drugs and other items. The video was released by conservative activist James O'Keefe and his group Project Veritas. It claimed to show undercover investigators visiting Philadelphia locati ...

Read more

© 2012 Secrets of the Fed