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NEWS and OPINIONS by BILL STANLEY
Are Women Having Babies Without Adequate Income?
(14 Jan. 2014) 40.7% of the babies born in the U.S. were born to unmarried women in 2012 ... the 5th consecutive year over 40%. The rate was 33% in 2000 and 18% in 1980. In 2012, 72% of black children, 54% of Hispanic children and 29% of non-Hispanic white children were born to single women. A large percentage were probably single-mom households receiving cash welfare, food stamps, Medicaid and housing assistance. (Source: Centers for Disease Control and Prevention 30 Dec. 2013 National Center For Health Statistics)
GM And Chrysler Bailouts Helping China And Italy
(14 Jan. 2014) Czar Obama's bailouts of GM and Chrysler cost taxpayers $10.5 billion and $1.3 billion, respectively. GM has plants in China and sold more vehicles there in 2013 than in the U.S. ... 3.16 million versus 2.79 million. Chrysler is now fully owned by Fiat, an Italian company. China and Italy did not participate in the bailouts, but are benefiting from U.S. taxpayers. (Sources: General Motors, 2 Jan. 2014 CNN Money, 7 Jan. 2014 Detroit Free Press)
Al Qaeda Not "Decimated"
(12 Jan. 2014) In May, Czar Obama claimed that the core of al Qaeda had been "decimated". "This tightly organized and relatively centralized al Qaeda that attacked us on 9/11 has been broken apart and is very weak and does not have a lot of operational capacity." Now, al Qaeda appears to control more territory in the Arab world than it has done at any time in its history. (Sources: 9 Aug. 2013 Washington Times, 7 Jan. 2014 CNN)
Wealthy Farmers On Welfare
(12 Jan. 2014) Of the $17.5 billion that is paid to farmers annually, 80% goes to the wealthiest 15 to 20% of farmers. Over 50 farms each received more than $500,000 in subsidies for crop insurance premiums. (Sources: Government Accountability Office (GAO), 8 Jan. 2014 National Center for Policy Analysis)
Top 20% In Income Paid 92.9% Of Federal Net Income Taxes
(12 Jan. 2014) In 2010, households in the top 20% of before-tax income paid 92.9% of the federal net income taxes. Households in the top 40% of before-tax income paid 106.2% of the federal net income taxes. Taxpayers in the top 40% paid more than 100% because the bottom 40% paid negative income taxes refundable credits exceeded tax liabilities. Households in the bottom 20% received an average of $22,700 in government transfers, including $14,300 in payments from Medicare and Social Security, and $8,500 in payments from other government programs. Households in the next-to-bottom 20% received an average of $15,200 in government transfers. (Sources: Congressional Budget Office (CBO), 9 Dec. 2013 CNS News)
National Debt Continues To Soar
(12 Jan. 2014) In May 2003, Obama called on the Senate to resist Bush's "unprecedented $300 billion deficit" that "underscores the recklessness of the George W. Bush administration and the Republican Congress". During the 2008 campaign, Czar Obama said, "The first thing you do when you're in a hole is what? ... You stop digging. So the first thing that we're going to have to do is to stop adding to our deficit." More than 5 years later, Czar Obama and tax-spend big-government politicians are driving the U.S. bus closer to the same cliff that Greece, Spain and Italy plunged over. During the 59 full months of Czar Obama's reign, the national debt increased by $6.72 trillion to $17.35 trillion, at an annual rate of $1.37 trillion. The increase in the last 12 months was $0.92 trillion. During Bush's 95 full months, the debt increased $4.98 trillion at an annual rate of $0.63 trillion. Obama's rate is 2.17 times Bush's. Bush was bad ... Obama is horrible.
2 Areas With Highest Unemployment Are On Mexico Border
(4 Jan. 2014) The Yuma, Arizona (55% Hispanic) metropolitan area, on the Mexico border, had a 31.9% unemployment rate in Oct., the highest of any metropolitan area in the country. The El Centro, California (82% Hispanic) metropolitan area, also on the Mexico border, had an unemployment rate of 22.8%, the second highest. The 3 areas with the lowest unemployment were within 145 miles of Canada: Bismarck (1.7%), Fargo (2.3%) and Grand Forks, N.D (2.5%). All 3 had less than 3% Hispanics. (Sources: Census Bureau, Bureau of Labor Statistics, 9 Dec. 2013 CNS News)
Inevitable Results Of Supporting Illegal Aliens
(4 Jan. 2014) 2010 statistics for Los Angeles County: Hispanic 48%, non-Hispanic white 27%, Asian 15%, foreign born 35%, do not speak English at home 57%. (Source: Census Bureau)
More Than Half Of California Students Are Hispanic
(4 Jan. 2014) 52% of California's 6 million school children are Hispanic ... 26% are white. Only 33% of 3rd-grade Hispanic students are proficient in reading ... 64% of white students are proficient. 25% of Hispanic sophomores fail the high school math exit exam, compared to 10% of white students. (Source: 22 Dec. 2013 Associated Press)
1.1% Of Illegal Aliens Deported In 2013
(4 Jan. 2014) In fiscal year 2013, Immigration and Customs Enforcement (ICE) removed 133,551 illegal aliens (1.1% of the estimated 11.7 million), down more than 25% from the previous year. (Source: 19 Dec. 2013 Washington Times)
Auto Bailout Losses
(25 Dec. 2013) The government's only remaining asset from the $85 billion auto industry bailout is a 64% stake in Ally Financial, the auto lender once known as GMAC. The government has recovered about two-thirds of its $17.2 billion bailout of Ally. Taxpayers lost $10.5 billion on the $49.5 billion GM bailout and $1.3 billion on the $12.5 billion bailout of Chrysler. Ford did not accept any bailout money. (Source: 9 Dec. 2013 Detroit News)
77% Higher Than Federal Minimum Wage
(11 Dec. 2013) Walmart's average U.S. full-time associate hourly wage is $12.81.
Taxpayers Lose Again
(11 Dec. 2013) 1.46 million of the 1.6 million who have enrolled in Obama Care were signed up for Medicaid and will pay no premiums or copays. (Source: 9 Dec. 2013 Cowboy Byte)
National Debt Continues To Soar
(8 Dec. 2013) In May 2003, Obama called on the Senate to resist Bush's "unprecedented $300 billion deficit" that "underscores the recklessness of the George W. Bush administration and the Republican Congress". During the 2008 campaign, Czar Obama said, "The first thing you do when you're in a hole is what? ... You stop digging. So the first thing that we're going to have to do is to stop adding to our deficit." Nearly 5 years later, Czar Obama and tax-spend big-government politicians are driving the U.S. bus closer to the same cliff that Greece, Spain and Italy plunged over. During the 58 full months of Czar Obama's reign, the national debt increased by $6.59 trillion to $17.22 trillion, at an annual rate of $1.36 trillion. The increase in the last 12 months was $0.85 trillion. During Bush's 95 full months, the debt increased $4.98 trillion at an annual rate of $0.63 trillion. Obama's rate is 2.16 times Bush's. Bush was bad ... Obama is horrible.