”We have no money left- Barack Obama- 2009

[1] hotairblog

Are you ready for a federal sales tax?: Nuance. [2] http://tinyurl.com/pcuom3

“While we do not want to rule any credible idea in or out as we discuss the way forward with Congress, the VAT tax, in particular, is popular with academics but highly controversial with policymakers,” said Kenneth Baer, a spokesman for White House Budget Director Peter Orszag…”

[3] AltEnergyNews

Obama talks up US economy as politics hover nearby - [4] http://is.gd/HHyv -

Taiwan News

“Speaking to about 400 U.S. Air Force personnel and families at Nellis, near Las Vegas, Obama recited a now-familiar report card: 95 percent of working families have received tax cuts; 44 million Social Security recipients got a $250 bonus; unemployment benefits were extended”

[5] Reuters_TopNews

U.S. consumer mood lifts despite home price plunge [6] http://r.reuters.com/dus26c

” The Conference Board, an industry group, said on Tuesday its index of consumer attitudes jumped to 54.9 in May from a revised 40.8 in April, well above forecasts centered around 42.0. That was the biggest one-month jump since April 2003 when many Americans believed the war in Iraq was coming to a rapid conclusion”

Economists on the TV are talking up the economy.  Cavuto says that rising interest rates in long-term bonds means the economy is recovering.  Not so fast, Mr. C.  This is NOT your typical business cycle working itself out.  This is a system consuming itself.  That interest rate rise in long term bonds is coming from Chines concerns about our debt.

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for more freedom news, go to : [7] http://blog.freedomist.info