Bernanke Writing A Book On The Fed And The Great Recession

Kip Hooker:

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  • Will the book include pop-ups, pages to color and some common core math so demotards can understand it?

  • The FED in unregulated, unchecked and exists to print money for pet projects of whatever political party is in power, the economy has all but been destroyed, the dollar devalued around the world "WORKING" people are under the yoke of socialism and Bernanka is going to write a book on how he helped destroy one of the worlds greatest economies? the government is not a friend to the working class.

    THE WORK ETHIC WE INHERITED GROWING UP HAS FALLEN PREY TO THE 'WELFARE' SYSTEM

    The Cato Institute released an updated 2013 study (original study in 1955) showing that welfare benefits pay more than a minimum wage job in 33 states and the District of Columbia. Even worse, welfare pays more than $15 per hour in 13 states. According to the study, welfare benefits have increased faster than minimum wage. It’s now more profitable to sit at home than it is to earn an honest day’s pay.
    Hawaii is the biggest offender, where welfare recipients earn $29.13 per hour, or a $60,590 yearly salary, all for doing nothing.
    Here is the list of the states where the pre-tax equivalent “salary” that welfare recipients receive is higher than having a job:
    1. Hawaii: $60,590
    2. District of Columbia: $50,820
    3. Massachusetts: $50,540
    4. Connecticut: $44,370
    5. New York: $43,700
    6. New Jersey: $43,450
    7. Rhode Island: $43,330
    8. Vermont: $42,350
    9. New Hampshire: $39,750
    10. Maryland: $38,160
    11. California: $37,160
    12. Oregon: $34,300
    13. Wyoming: $32,620
    14. Nevada: $29,820
    15. Minnesota: $29,350
    16. Delaware: $29,220
    17. Washington: $28,840
    18. North Dakota: $28,830
    19. Pennsylvania: $28,670
    20. New Mexico: $27,900
    21. Montana: $26,930
    22. South Dakota: $26,610
    23. Kansas: $26,490
    24. Michigan: $26,430
    25. Alaska: $26,400
    26. Ohio: $26,200
    27. North Carolina: $25,760
    28. West Virginia: $24,900
    29. Alabama: $23,310
    30. Indiana: $22,900
    31. Missouri: $22,800
    32. Oklahoma: $22,480
    33. Louisiana: $22,250
    34. South Carolina: $21,910

    As a point of reference the average Middle Class annual income today is $50,000, down from $54,000 at the beginning of the Great Recession. Hawaii, DC, and Massachusetts pay more in welfare than the average working folks earn there. Is it any wonder that they stay home rather than look for a job. Time for a drastic change. America is virtually bankrupt.
    Are we Nuts or what? How do we un-do this type of stupidity on the part of Americans?
    This is crazy!
    Salary of retired US Presidents
    $180,000 FOR LIFE
    Salary of House/Senate....$174,000 FOR LIFE
    This is stupid.
    Salary of Speaker of the House ....$223,500
    FOR LIFE!
    This is really stupid.
    Salary of Majority/Minority Leader $193,400
    FOR LIFE!
    Ditto last line.
    Average Salary of a teacher .. $40,065
    Average Salary of Soldier DEPLOYED IN
    AFGHANISTAN .. $38,000
    Think about this.
    Nancy Pelosi will retire as a Congress Person
    at $174,000 Dollars a year for LIFE.
    She has retired as SPEAKER at $223,500
    a year.
    PLUS she will receive an additional $193,400 a
    year as Minority Leader.

    That's
    $803,700
    Dollars a year for LIFE including FREE medical
    which is not available to us ... the taxpayers
    She is just one of the hundreds of Senators
    and Congress that float in and out every
    year!
    I think we found where the cuts should be made!