TowneForCongress.

com

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

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The National Debt is not just...

The Deficit is not just...

below

Source: http://www.nolanchart.com/article6512.html TowneForCongress.com

Social Security and Medicare Unfunded Liabilities = $107T

Page 178/254 http://www.gao.gov/financial/fy2009/09frusg.pdf

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http://www.cartoonistgroup.com/properties/wpwg.php?id=92&today=2010-07-21

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ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
22.8 million Direct Gov't Employees, 18% of the workforce

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>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

http://www.fns.usda.gov/pd/34SNAPmonthly.htm TowneForCongress.com

Bureau of Labor and Statistic Figures

http://www.bls.gov/news.release/empsit.t15.htm TowneForCongress.com

The Unemployment Rate is >17%

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Federal Reserve Balance Sheet
June 2008 to May 2010 (Source: Federal Reserve H.4.1 Release)
2500000

2000000

Billions of USD

1500000

$1.1 trillion in bad mortgages

1000000

500000

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

http://www.federalreserve.gov/releases/h41/current/ TowneForCongress.com

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. TowneForCongress.com

FDIC Insurance is Bankrupt

Deposit Insurance Fund at NEGATIVE $21 Billion
http://www2.fdic.gov/qbp/2010mar/qbp.pdf TowneForCongress.com

http://www.gocomics.com/stuartcarlson/2010/07/12/

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