Collins Report

By Kevin “Coach” Collins

Here’s the list:
#1) 39.68 million Americans on food stamps, projections say 43 million by 2011.

#2) RealtyTrac says: 367,056 foreclosures reported in March, up almost 19% from February.

#3) The Mortgage Bankers Association reports more than 10 percent of U.S. homeowners missed at least one mortgage payment between January-March, a record and above the 9.1% of a year ago.

#4) For the first time in modern history, banks own a greater share of residential housing than all individual Americans put together.

#5) Congress is planning to quadruple oil taxes.

#6) California needs “terrible cuts” to avoid complete financial disaster.

#7) Dozens of states are planning for their biggest budget cuts in decades.

#8) In March our trade deficit widened to its highest level since December 2008 creating a huge wealth drain.

#9) Our projected 2010 deficit is 1.6 trillion. Spending a dollar a second; going through $1 trillion would take 31,000 years.

#10) The budget deficit was 82.69 billion in April.

#11) One study says in just five years our national debt will reach 100% of GDP.

#12) The Gulf oil spill will damage coastal states industries for decades.

#13) Banks designated as “problems” by the FDIC are at a 17 year high.

#14) 8,000 FDIC backed banks holding $13 trillion are backed by nothing. The FDIC fund is depleted.

#15) It took government tax gimmicks to get the existing home sales market to jump.

#16) Fannie Mae and Freddie Mac need another bailout with our money.

#17) 43% of Americans have less than $10,000 to retire on meaning they’re one major expenditure from permanent poverty.

#18) Detroit, the quintessential big city, suffers 50% unemployment.

#19) Regardless of Dept. of Labor, Gallup reports, the real unemployment rate is 20%.

#20) A recent survey found 76% of Americans know we are still in a recession.

#21) 40% of Americans have no stake in the wellbeing of nation’s economy, except living off it.

#22) Richard Russell a well known Dow watcher is urging us to sell out of the stock market.

#23) 4.6% of apartment buildings went into mortgage default in 2010 Q1 leading to millions of new homeless.

#24) The price of fresh and dried vegetables have risen 49.3% in March.

#25) In 2009 1.41 million Americans filed for bankruptcy a 32 % increase over 2008.

With all of these indicators pointing toward disaster how can any honest person say we are coming out of Obama’s Recession?

Our country is now circling around the drain faster and faster. The Democrats won’t help us and the Republicans don’t have the power yet.

Great people lead with courage. Either plan to be a slave or stand and fight back.

Saving America is up to each and every American patriot. Being history or making history is up to you.

To read more about this story use this Collins Report source:

http://www.roguegovernment.com/25_Questions_To_Ask_Anyone_Who_Is_Delusional_Enough_To_Believe_That_This_Economic_Recovery_Is_Real_/21367/0/8/8/Y/M.html

This day in history May 27

Yesterday’s Rasmussen Presidential Index had Obama at – 22

1933: The U.S. Federal Securities Act is signed into law requiring the registration of securities with the Federal Trade Commission.

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Comments on this or any other Collins Report essay can be sent to kcoachc “at” gmail.com

By Kevin “Coach” Collins

The Democrat controlled media’s lying again. They’re relying on your not being able to get the truth about Obama’s failed administration.

The AP reports the Obama Administration has given us a 26 year record breaking unemployment rate of 9.7%. Counting those who are under employed furloughed and involuntarily working part time, the effective under employed/ unemployed rate is now 16.8 percent the highest rate since such numbers started to be calculated.

What we were also told was this bold faced lie:

“The recession has eliminated a net total of 6.9 million jobs since it began in December 2007. There are now 14.9 million Americans unemployed.

Here’s what a recession really is

The commonly accepted definition of a recession as expressed by The National Bureau of Economic Research, a private economic think tank firm is as follows: “Two consecutive quarters of decline in real GDP…”

Lies just lies

In the third quarter of 2007 America’s GDP grew by 2.2 percent and in the fourth quarter of 2007 the GDP actually increased by .06 percent.

In the 1st quarter of 2008 our GDP grew by .06 percent.

In the second quarter of 2008 our GDP grew by 1.9 percent.

In the 3rd quarter of 2008 our GDP fell by .03% and in the 4th quarter of 2008 after Barack Obama was elected, our GDP fell 6.2 percent.

Obama settles in

The GDP fell in the 1st quarter of 2009 by 5.2 percent. For the second quarter it fell again 1 percent.

The facts are there and they are clear. Yes the recession started in the 3rd quarter of 2008, but that .03% drop was mild despite the collapse of Fanny and Freddy Mac and the Democrat generated skyrocketing gasoline prices. This is Obama’s recession and the media is lying about it AGAIN.

The lesson is clear and simple: the Democrat controlled media lies to protect socialist Democrats. Get your information from the internet and double check what you read. Believe nothing from the mainstream media unless it has been verified from multiple sources.

By all means get educated and learn the truth. Our nation depends on each of us who love freedom to step up and fight.

This day in history October 25,

!972 The Washington Post reports that White House Chief of Staff H.R. Haldeman is the fifth person to control a secret cash fund designed to finance illegal political sabotage and espionage during the 1972 presidential election campaign.

Comments on this or any other Collins Report essay can be sent to kcoachc “at” gmail.com