Saturday, November 1, 2014


Recipe for economic and social disaster
Pony Rides for Illegals, Slashed Benefits for Americans
Image Credits: AlbertHerring, Wikimedia Commons
Illegal immigrant children entering the country without their parents or adults, now called “Unaccompanied Adults,” or UACs by the government, are receiving a tax payer subsidized bounty.
From petting zoos with miniature ponies to a tilapia fish farm operations and guitar lessons, UACs are lavished with perks, according to documents released by Sen. Charles E. Grassley, an Iowa Republican.
Preferred contractors reap handsome profit when they provide these dished out perks, in some cases upward to $329 per child a day.
Meanwhile, for citizens, federal and state government have decided to cutback on food stamps and unemployment benefits.
As of January a record 20% of households in the United States, or one in five, received government food stamps according to USDA data. The cost of the SNAP, or Supplemental Nutrition Assistance Program, reached an all time high in 2013.
In December, around 1.3 million unemployed Americans lost unemployment benefits after a federal program instituted after the engineered subprime crash was slashed. The program added benefits from the state for people who had exceeded 26 weeks of unemployment insurance.
“In no prior case has Congress allowed special extended benefits to expire when the unemployment rate was as high as it is today,” a report generated by the White House Council of Economic Advisors and the Labor Department notes.
The federal government consistently underestimates the unemployment rate. The most recent estimate puts the rate at 5.9%, a figure wildly out of whack with the real unemployment rate. Forbes counts in discouraged workers no longer seeking work and part-time workers who would prefer full-time work into the estimation. Considering the true character of unemployment and underemployment, the real unemployment rate stood at 14.3% in September.
In April, when the government said the unemployment rate was around 7%, Zero Hedge remarked:

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