Soros has most of it. The DemocRATS, the union thugs and GE have the rest. IMHO.
PABL
Pissed Away By Liberals
Are you serious? New Deal & Great Society, add to that unionization of public employees and giving them collective bargaining rights and it didn't take a degree in calculus to figure out where we'd end up.
Its been a long time coming, but its finally here.
Most of the “money” that we had here was debt, both on an individual and a societal level. Most people buy things on credit, not the same as real money. Government spending is the same way.
Secondly, inflation is causing the actual money that you have to be worth less and less. Some of my Air Force buddies in Europe actually get a cost of living allowance of about $1000 while their stationed in Europe. Because you would be in poverty with a normal paycheck in dollars compared to the price of the Euro.
Excessive debt causing credit to be cut off + Inflation = no money
To put it in perspective, the estimate to rebuild Japan after the earthquake/tsunami/nuclear meltdown is only $180 Billion.
If you give the federal “g” gangsta your money you’ll get about 1 % back and they will tell you, you need to pitch in you racist basta%$...are you kidding, they are robbing us blind and using it against us, they need to be stripped of their ability to take from the people, all taxes should go to states..we can hold them accountable
Quite large piles have been lured away to hidden places via creative bookkeeping, not the least of which = Comprehensive Annual Financial Report (CAFR.
And other welfare haven't been hurt either SFAIK.
ML/NJ
Corporate globalist types are hiding it in offshore bank accounts and they’re not giving it back without a fight. Not only do they outsource AMERICAN jobs but our government pays them to do so! See my tagline.
The point that a previous poster made about the debt is also very important. Instead of choosing between the low-tax low-service conservative model of government or the high-tax high-service liberal model, our so-called representatives are cutting taxes like conservatives, spending like liberals, and borrowing or printing money to make up the difference.
I took a few hundred thousand dollars out of American investments and sent the money to investments in foreign countries because I have no faith in any branch of government (especially the Fed) to do the right thing.
That’s where my money went. To places with a better investing climate.
Plus, housing is no longer effectively “Free” (liar loans, no downpayments, etc.) so that housing now has a positive cost. That’s a huge difference, when your house is now a potential liability and cash sink rather than an asset and a cash generator.
0bamanomics is working!
Incomes are more equal than ever!
(We’re all becoming equally poor, just like every other socialist experiment in history).
Find out what K-12 teacher salaries are there.
Exported manufacturing industry, very little is really productive now except for agriculture, a lot of paper shuffling and “service” industries, entitlement programs, and financial bubbles that pop and take a lot of assets along with them. And the change from ‘Proud American Contributor’ to ‘What can you do for MMMEEEE’.