August 2010

Jake Towne for US Congress th Pennsylvania's 15 District

“If universal peace, civilization, and commerce are ever to be the happy lot of man, it cannot be accomplished but by a revolution in the system of governments.” - Thomas Paine “An invasion of armies can be resisted, but not an idea whose time has come.” - Victor Hugo

The National Debt is not just...

The Deficit is not just...



Social Security and Medicare Unfunded Liabilities = $107T

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22.8 million Direct Gov't Employees, 18% of the workforce


>1 in 8 Americans on Food Stamps
• 40.4 Million Americans as of Apr 2010 • Numbers up 20% from 2009 and 42% from 2008 • Projected annual cost of $66 Billion USD

Bureau of Labor and Statistic Figures

The Unemployment Rate is >17%

Federal Reserve Balance Sheet
June 2008 to May 2010 (Source: Federal Reserve H.4.1 Release)


Billions of USD


$1.1 trillion in bad mortgages



0 Total US Treasuries UST plus Agency UST, Agency plus MortgageBacked Securities

Dishonest Money: The Fall of the Dollar

The purchasing power of the dollar has lost >94% since FDR took America off the classical gold standard in 1933 through monetary inflation. The monetary inflation was caused by the FED. They debased the dollar by creating more and more irredeemable paper dollars.

FDIC Insurance is Bankrupt

Deposit Insurance Fund at NEGATIVE $21 Billion