My Patriot Supply Has Great Deals On 6-Month, 1-Year Food Supply Offerings

Muncie, Indiana-based My Patriot Supply- reviewed here- has terrific deals available for purchasers of some of its emergency food supply offerings. From the survival store’s website:

6 Month Food Supply (Ships FREE!) Buy Today & Get a FREE 4-Week Food Supply!

Regular Price: $1,149.95
Special Price: $849.95
Save $300.00!

The 6-Month Food Supply provides one adult with 900 servings of healthy, delicious storable food, drinks and snacks for 180 days. Packaged in convenient and lightweight 4-Serving mylar pouches, our low-heat dehydrated food seals in the flavor and high-nutritional value. Simple and easy to prepare: just boil water, pour in the food, simmer for 10 to 15 minutes and serve up a great meal.

Six months not enough for your requirements? Consider the following:

1 Year Food Supply (Ships FREE!) Buy Today & Get a FREE 3-Month Food Supply!

Regular Price: $2,195.95
Special Price: $1,495.95
Save $700.00!

The 1-Year Food Supply provides one adult with 1,800 servings of healthy, delicious storable food, drinks and snacks for 365 days. 25 year shelf life!

I’m not sure when these special offers expire (note “Buy Today” in product descriptions). So act fast if you’re interested.

Click on this link and you will be taken to the My Patriot Supply website, where you can see if the deals are still available. Please note that by clicking on the link and purchasing these or any other products on the site, I receive a commission from the sale.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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CBO: Updated 2014-2024 Budget Projections Show Substantially Rising Budget Shorfalls, Federal Debt

That idea that the U.S. could someday resemble a “banana republic” might not be too far off the mark. From the non-partisan Congressional Budget Office website today:

As it usually does each spring, CBO has updated the baseline budget projections that it released earlier in the year…

Between 2015 and 2024, annual budget shortfalls are projected to rise substantially—from a low of $469 billion in 2015 to about $1 trillion from 2022 through 2024—mainly because of the aging population, rising health care costs, an expansion of federal subsidies for health insurance, and growing interest payments on federal debt. CBO expects that cumulative deficits during that decade will equal $7.6 trillion if current laws remain unchanged. As a share of GDP, deficits are projected to rise from 2.6 percent in 2015 to about 4 percent near the end of the 10-year period. By comparison, the deficit averaged 3.1 percent of GDP over the past 40 years and 2.3 percent in the 40 years before fiscal year 2008, when the most recent recession began. From 2015 through 2024, both revenues and outlays are projected to be greater than their 40-year averages as a percentage of GDP (see the figure below)…

In CBO’s baseline projections, federal debt held by the public reaches 78 percent of GDP by 2024, up from 72 percent at the end of 2013 and twice the 39 percent average of the past four decades (see the figure below). As recently as the end of 2007, federal debt equaled just 35 percent of GDP

Such high and rising debt would have serious negative consequences. Federal spending on interest payments would increase considerably when interest rates rose to more typical levels. Moreover, because federal borrowing would eventually raise the cost of investment by businesses and other entities, the capital stock would be smaller, and productivity and wages lower, than if federal borrowing was more limited. In addition, high debt means that lawmakers would have less flexibility than they otherwise would to use tax and spending policies to respond to unexpected challenges. Finally, high debt increases the risk of a fiscal crisis in which investors would lose so much confidence in the government’s ability to manage its budget that the government would be unable to borrow at affordable rates…

(Editor’s note: Bold added for emphasis)

You can read the entire assessment and view the complete document on the CBO website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Trends Analyst: ‘I Think We’re Going To Live More Like A South American Country’

Speaking of videos tonight, have any readers seen the one by trends analyst and self-made millionaire Daniel Ameduri? The chief strategist over at FutureMoneyTrends.com was recently interviewed by the Resource Times about current investment opportunities before what he sees is a coming economic collapse- and how to survive and thrive during the financial crash.

I highly-recommend the video. The big picture that Ameduri envisions is very similar to mine.


“Prepare to Thrive During Economic Collapse, Daniel Ameduri”
(Survival material @ 8:18)
YouTube Video

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)

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‘Criminals Are Victims Of The Evil Capitalist Society’

These days, there are lots of people out there speculating and writing about what a financial crash would be like- even though they’ve never lived through one.

On the other hand, some have and are actively sharing their experiences and lessons for surviving a similar event.

Once in a while on Survival And Prosperity I’ve mentioned Fernando “FerFAL” Aguirre, who lived through Argentina’s economic collapse last decade and released The Modern Survival Manual: Surviving the Economic Collapse in 2009. A big “fan” of the book and the accompanying blog- Surviving In Argentina- I happened to be listening to the fourth installment in a series of video posts FerFAL has produced recently about “prepper myths,” when he talked about the recent violent mugging of an American tourist in a nice part of Buenos Aires. Apparently, the mugger- who was on the verge of being lynched by a crowd- was booked by police yet released later on that day. FerFAL- now based in Northern Ireland- lamented in the April 9 post:

And that’s the key of the thing. It’s not considered a bad thing. And it’s not just mugging, robbing- even hurting, raping, murdering- it’s not considered a bad thing from the perspective of the Argentine government. They have this crappy, commie, anti-capitalist, bullshit thing going on which basically says- and I got tired of hearing this time and again- but the official government point of view is criminals are victims of the evil capitalist society that are just trying to provide for their families. And when you say, “Alright, what about a rapist or a murderer? What is he trying to do there?” “Well, he’s also a poor victim because he didn’t have the populist, socialist education that we’re trying to promote and he didn’t know any better.” They’re always justifying. And this isn’t just something I perceive. This is something I’ve been told by an actual district attorney. He’ll tell me, “That’s what we get from the top. We’re being told not to put people behind bars. Find any possible way, even if a cop drags one- this guy actually murdered someone in front of my eyes. Even if that happens, the official point of view of this is- release them as fast, as quickly as possible. We don’t want people behind bars.” That makes for a very chaotic society, and that’s what’s been going on in Argentina for over a decade now. That’s why it’s so violent…

Any of what FerFAL said ring a bell to some readers? It sure did for me, as I type this from the Chicago area this wintry April evening.

Plenty of bad guys who should be locked up behind bars are roaming the streets of Chicago and other parts of Cook County these days.

“That’s why it’s so violent.”

By the way, check out Fernando Aguirre’s other “prepper myth” video posts here if you have the time. I found them very insightful and thought-provoking.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Chicago’s Bloody Weekend: 36 Shot, 4 Killed, ‘Lax State And Federal Gun Laws’ Blamed

Sometimes, it’s just better to keep quiet about some things.

Which is what I thought City Hall might do after the bloodiest weekend of the year (so far?) in Chicago.

Jon Seidel reported on the Chicago Sun-Times website earlier this afternoon:

A day after one of the warmest and bloodiest weekends so far in 2014, Chicago Police Supt. Garry McCarthy again complained that “lax state and federal gun laws” are hampering his department’s ability to stem the violence.

And, he said, “weather doesn’t cause crime.”

“It creates conditions which may contribute to crime,” McCarthy said, adding: “It doesn’t prevent crime, either.”

(Editor’s note: Bold added for emphasis)

“‘Lax state and federal gun laws’ are hampering his department’s ability to stem the violence.”

To borrow a term often used by the gun “control” crowd these days, “common-sense” dictates criminals don’t follow the law. And in general, the bad guys don’t acquire their guns legally. So if the City of Chicago wants to introduce new gun law after new gun law to make it “ground zero” for gun “control” in the country in hopes of stemming the violence…

Oh wait. That’s already been tried. And we all know how that worked out.

Regarding that claim about weather not preventing crime, I’ve have a pretty good idea shootings and related fatalties were affected by the brutal winter in “Chiberia.” Now that it’s warming up (today being the exception, as the snow falls steadily in my part of Chicagoland), I, for one, can’t say that I’ll be surprised to hear about more weekends like the one Chicago just had:

36 shot. 4 killed. In 1 weekend.

Those remind me of the numbers that were being put up just the other year.

2012 is gently rapping, rapping at the Chicago City Council Chamber doors…

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Seidel, Jon. “Chicago’s top cop: ‘Lax’ gun laws hamper crime-fighting.” Chicago Sun-Times. 14 Apr. 2014. (http://politics.suntimes.com/article/chicago/chicagos-top-cop-lax-gun-laws-hamper-crime-fighting/mon-04142014-118pm). 14 Apr. 2014.

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Quote For The Week

“To learn who rules over you, simply find out who you are not allowed to criticize.”

-Voltaire (French philosopher and writer. 1694-1778)

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Monday, April 14th, 2014 Quote For The Week No Comments

Resource Of The Week: PrepperShowsUSA

One last thing about prepper conventions/expos before I call it a week.

What’s a good way of finding one?

I spotted a comprehensive, regularly-updated list of them on a website entitled PrepperShowsUSA (PrepperShowsUSA.com), “Your Headquarters for Prepper, Survivalist and Self-Reliance Shows.”

From that website’s home page:

PrepperShowsUSA is the #1 resource for survivalist shows, self-reliance shows, and prepper shows across the United States. Find complete and accurate information about 2014 prepper show dates/schedules, show locations, venues, ticket pricing, promoter and exhibitor information and much more…

The site does provide a good deal of information for each event. For example, when one brings up the P4P Expo scheduled to take place in Pomona, California, from June 21 to 22, viewers are given a description of the exposition:

At the P4P Expo, families can explore self-reliance, enjoy numerous seminars and demonstrations, learn survival skills, and find the newest products, supplies and resources needed to sustain and protect your family in the event of a natural or man-made disaster…

Along with a website address and plenty of contact information.

For those not wanting to keep checking the website for new events, there’s a “Newsletter & Alerts” section where one can sign up and be sent updates on upcoming shows.

(Editor’s note: I tried the sign-up feature earlier today, but don’t think I was successfully registered. Truth be told, my laptop has been incredibly batty this week and it could just be me.)

For those putting together one of these events, PrepperShowsUSA will allow organizers to submit and list them for free.

Been wanting to attend a prepper/survivalist convention or expo? Find one that appeals to you over at the PrepperShowsUSA website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: Link added to “Resources” page)

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Smoky Mountain Knife Works Has ‘Tax Relief Weekend,’ Pyramid Air Extends Sale Through Tonight

I received an e-mail today from affiliate marketing partner Smoky Mountain Knife Works- reviewed here- concerning their big “Tax Relief Weekend” event going on until Monday. From the Sevierville, Tennessee-based company:

Tax Relief Weekend

Save 10% On Orders Over $100
Save 15% On Orders Over $150
Plus $5.00 Flat Rate Shipping On All Orders!

Use Code:
TAX14

Ends @ 11:59 PM EST
4/14/14

Web only! Not valid with other offers. Shipping discount valid for domestics order only. Gift card purchases and knife for a soldier donations are not valid with this offer.


Plus, I also received a message from another partner- Pyramid Air (reviewed here)- that their deal is extended until tonight:

10% off and free shipping on orders $150 or more

Enter Code: Refund-14

Expires 4/11/14 11:59 PM

Some items excluded. Can be combined with free ground shipping on orders $150+ to the lower 48 states only.


By clicking on those banner ads, you will be taken to the respective websites, where you can find the deals if they’re still being offered. Please note that by clicking on the banner ads and purchasing a product (don’t forget the coupon codes!) on the site, I receive a commission from the sale.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Marc Faber: ‘Very Likely’ Stock Market Will Suffer ‘87 Style Crash In Next 12 Months

The last time I blogged about Swiss-born investment advisor/fund manager Marc Faber, the man who became famous for advising clients to get out of the U.S. stock market one week before the October 1987 crash and for predicting the 2008 global financial crisis warned viewers:

I wouldn’t take the risk necessarily to be investing now in U.S. equities.

(Editor’s note: Bold added for emphasis)

That was back in late February.

These days, he has an even stronger message regarding U.S. stocks.

Yesterday, “Doctor Doom”- as the financial media likes to call him- was on the CNBC TV show Futures Now and warned viewers:

Well, I think this year- for sure, maybe from a higher diving board- the S&P will drop 20 percent. I think rather 30 percent. But, I mean, who knows? But all I’m saying is, it’s not a very good time right now to buy stocks. And I recommended to own stocks since 2009, because I saw that the money printing would lift equities. But at the present time, there are very few stocks that are particularly good value

I think it’s very likely that we’re seeing in the next 12 months an ’87 type of crash. And I suspect it will be even worse.

(Editor’s note: Bold added for emphasis)


“Marc Faber: Coming crash will be worse than 1987”
CNBC Video

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein.)

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Friday, April 11th, 2014 Crash Prophets, Investing, Stocks No Comments

85% Of Public Pension Funds To Fail In 30 Years?

Caught the following yesterday on the USA Today website regarding a looming national public pension crisis. Matt Krantz reported Wednesday:

Influential and well-regarded hedge fund Bridgewater Associates Wednesday warns public pensions are likely to achieve 4% returns on their assets, or worse. If Bridgewater is right, that means 85% of public pension funds will be going bankrupt in three decades

Public pensions have just $3 trillion in assets to invest to cover future retirement payments of $10 trillion over the next many decades, Bridgewater says. An investment return of roughly 9% a year is needed to meet those onerous obligations…

(Editor’s note: Bold added for emphasis)

Westport, Connecticut-based Bridgewater was founded in 1975, and “manages approximately $150 billion in global investments for a wide array of institutional clients, including foreign governments and central banks, corporate and public pension funds, university endowments and charitable foundations,” according to their website.”

I don’t want to steal USA Today’s thunder here, so you can read the entire story on their website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Friday, April 11th, 2014 Bankruptcy, Entitlements, Retirement No Comments

Wisconsin Now Recognizes Illinois Concealed Carry Licenses

Wow. A morning where’s there’s not too much in the way of disturbing news coming out of Chicago, Cook County, Illinois?

Just wait until the end of the day when the so-called “document dump” and bad news is then released to a public who is already in weekend mode, right?

Anyway, the Illinois State Rifle Association reported on their website Monday:

According to the Wisconsin Department of Justice, those with Illinois concealed carry permits are now recognized in Wisconsin.

(Editor’s note: Bold added for emphasis)

The provided link takes one to the Wisconsin Department of Justice, Division of Law Enforcement Services, web page, where under “CCW Reciprocity” the following is published:

Permit(s) Honored In Wisconsin:
Arizona, Arkansas, California, Colorado, Connecticut, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Montana, Nebraska, New Mexico, New York, North Carolina, North Dakota, Pennsylvania, Puerto Rico, Tennessee, Texas, Utah, Virgin Islands, Washington, Wyoming

Good information for Illinois Concealed Carry License holders to know, should they ever plan to “Escape To Wisconsin” for pleasure- or in an emergency.

You can view that CCW Reciprocity page on the Wisconsin DOJ website here.

For more information about the Illinois Concealed Carry License, go to the Illinois State Police Concealed Carry web page here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Friday, April 11th, 2014 Firearms, Government, Self-Defense No Comments

National Geographic Channel’s ‘Selling Survival’ Web Series

I’m about two weeks away from reintroducing the “In Print” series of posts on Survival And Prosperity. In the meantime, other material will be substituted in its place.

Today, I’ll be blogging about a National Geographic Channel web series that’s related to their highly-rated Doomsday Preppers TV show and which a number of readers may be interested in watching- particularly if they’re curious about prepper/survivalist expos like me and/or the latest innovations.

Enter Selling Survival.

From its web page on the Nat Geo Channel website:

Join Doomsday Preppers casting director Brooklyn Bagwell as she travels to some of the biggest prepper events in the country. Meet preppers, inventors, survivalists, and specialists as they showcase their must-have doomsday products and gear. From martial arts training to firing her first gun (an AR-15!), driving a bonafide bug-out-vehicle, and everything in between, she’s experiencing it all. And each week, she’ll be sharing her journey first-hand for anyone curious enough to wonder what goes on inside the world of prepper expos.


“Meet Brooklyn Bagwell”
YouTube Video

There are 15 short episodes of a couple minutes each uploaded on the National Geographic Channel website. I saw the first 11 episodes shortly after the series debuted- and finished up watching the remaining 4 installments this afternoon.

The content of Selling Survival was interesting, particularly as I’ve never gone to one of these conventions. The innovative gear and products that were introduced blew my mind at times- so much so I’ve jotted down some of them for further research. And Ms. Bagwell was a stellar pick by Nat Geo to host the series. Why? She’s pretty much a “newbie” to all this preparedness stuff, leading to concepts and function being explained more carefully and clearly (to the benefit of series viewers).

Still, there’s only so much you can fit into a couple of a minutes. I really wish episodes were quite a bit longer.

Overall, the web series was interesting (several times I thought to myself “now that is cool”), somewhat brainless viewing (don’t expect to be imparted with any “meaningful” knowledge watching this- although a couple of ideas did pop into my head). Yet fun, which Brooklyn Bagwell brought to the table.

For more information on Selling Survival- and to watch the 15 episodes- go to its area on the National Geographic Channel website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Special Deals From Pyramid Air, Airsoft Megastore, And Food Insurance

When one of the vendors with whom I have an affiliate advertising relationship with has a special which I think readers may be interested in, I usually dedicate a whole post to it.

Not this week, as there’s a bunch of great deals to be had, including ones from:

Pyramid Air- 10% off and free shipping on orders $150 or more until 11:59 PM TONIGHT (coupon code= REFUND-14)


Airsoft Megastore- “Extremely limited time offer” on G&G GC16 M4 airsoft rifles with extra magazine; Get 10.40% off your order!- use coupon code 1040TAX (cannot be combined with other coupons. Excludes Sale, Clearance and MAP items); FREE G-Force Holster on orders $49+ (coupon code 14HOLSTER- Cannot be combined with other coupons); FREE M300 Shotgun on orders $99+ (coupon code 14M300- Cannot be combined with other coupons); Free shipping “for a limited time on all orders $99+”

Food Insurance- Dollar Days Are Ending Soon: There are only a few days left to receive a FREE Dollar Days e-gift card with qualifying orders.

Through Saturday, April 12th, purchase any basic, premium, bucket or build-you-own plan, and any additional items you’d like for a subtotal of $500 or more and automatically receive a FREE Dollar Days e-gift card.

For example:

• purchase $500, get $50 store dollars
• purchase $1500, get $175 store dollars
• purchase $3000, get $550 store dollars
• purchase $5000, get $1250 store dollars

Dollar Days end Saturday, so don’t wait or they’ll be gone.

Your Food Insurance® Store Dollars e-gift card will be emailed to you within 2 business days, and must be redeemed by April 30, 2014.

By clicking on those links/banner ad, you will be taken to the respective websites, where you can find the deals if they’re still being offered. Please note that by clicking on the link/banner ad and purchasing a product (don’t forget the coupon codes!) on the site, I receive a commission from the sale.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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North Korean EMP Weapon That Can Strike U.S. For Real?

There’s been increased chatter about the North Koreans having the capability of attacking the United States using an electromagnetic pulse weapon that could fry electronics and power grids. From F. Michael Maloof on the independent news website WorldNetDaily (WND.com) yesterday:

A long-suppressed report prepared by the Department of Homeland Security for the Defense Department concludes that North Korea could deliver on its threats to destroy the United States with a nuclear electromagnetic pulse attack.

The report remains blocked from release to the American public.

However, a copy obtained by Peter Vincent Pry from sources within DHS finds North Korea could use its Unha-3 space launch vehicle to deliver a nuclear warhead as a satellite over the South Pole to attack the U.S. from the south…

Pry said that an EMP attack on the U.S. would not have to originate from North Korea but could be a missile, such as the SA-2, launched from a freighter off the U.S. East or Gulf Coasts. At that point, there would be no missile defense capable of halting such an event.

With a missile launched from a freighter, it could be difficult to identify who is responsible for an attack.

(Editor’s note: Bold added for emphasis)


“EMP Bomb Threat Video”
YouTube Video

Peter Vincent Pry. Regular readers of Survival And Prosperity might remember his name, as I blogged back on March 8, 2013:

Enter Dr. Peter Vincent Pry, Executive Director of the Task Force on National and Homeland Security and Director of the U.S. Nuclear Strategy Forum, both congressional advisory boards. Dr. Pry, a former intelligence officer with the Central Intelligence Agency, wrote on the Family Security Matters website on February 26:

The West consistently and unwittingly cooperates with North Korea and Iran by underestimating the advancement, sophistication, and strategic implications of their nuclear weapon and missile programs.

Despite North Korea’s successful long-range missile test in December 2012, and now its third successful nuclear test on February 12, 2013, the Obama administration and the press keep reassuring the American people that North Korea is not yet a fully fledged nuclear weapons state – that a North Korean nuclear missile threat to the United States is still years in the future.

The facts do not support this judgment. North Korea is already a major nuclear threat to the United States–an existential threat.

(Editor’s note: Bold added for emphasis)

Dr. Pry went on to say:

North Korea now appears to be armed with a FOBS capability to make a surprise nuclear attack against the United States–or against any and all nations on Earth–with Super-EMP.

(Editor’s note: Bold added for emphasis)

FOBS? Super-EMP? The author of Apocalypse Unknown: The Struggle To Protect America From An Electromagnetic Pulse Catastrophe explained:

A Super-EMP warhead is a nuclear weapon specially designed to produce an enormous burst of gamma rays that generates an extraordinarily powerful electromagnetic pulse, capable of destroying even the best protected electronics, thereby paralyzing military forces and blacking out power grids and collapsing critical infrastructures everywhere–across an entire nation the size of the United States…

During the Cold War, the USSR experimented with a secret weapon, the Fractional Orbital Bombardment System (FOBS), that used an ICBM like a Space Launch Vehicle to put a nuclear warhead into orbit, like a satellite. Instead of using the ICBM to lob the warhead on a more accurate arcing ballistic trajectory, flying along the shortest range to target, like an artillery shell, the FOBS lofted the warhead into a “fractional” or partial orbit, sacrificing accuracy for limitless range.

FOBS could reach any nation or threaten any target anywhere on Earth.

A Super-EMP warhead does not weigh much, and could probably be delivered by North Korea’s Fractional Orbital Bombardment System, successfully tested in December 2012, against any nation on Earth. Thus, North Korea already possesses an ICBM and poses a mortal nuclear threat to the United States, and to all nations on Earth–right now.

(Editor’s note: Bold added for emphasis)

Scary stuff.

By the way, I noticed Maloof, like Pry, also has a book out on the subject, entitled A Nation Forsaken: EMP: The Escalating Threat of an American Catastrophe.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Malood, F. Michael. “DHS study: North Korea capable of EMP attack on U.S.” WorldNetDaily. 9 Apr. 2014. (http://www.wnd.com/2014/04/dhs-study-north-korea-capable-of-emp-attack-on-u-s/?cat_orig=world). 10 Apr. 2014.

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Illinois Millionaire Tax Halted For Now

Remember that “millionaire tax” Illinois House Speaker Michael Madigan (D-Chicago) had been pushing which would have affected an estimated 13,000 or so millionaires residing in the state?

It’s toast for now.

Doug Finke reported on The State Journal-Register (Springfield) website yesterday afternoon:

House Speaker Michael Madigan has pulled the plug on his proposed constitutional amendment to impose a surcharge on incomes over $1 million a year.

The Chicago Democrat made the move Wednesday after it became obvious the amendment couldn’t muster the 71 votes it needed in the House to pass.

Although Democrats hold 71 seats in the House, not all of them were on board with the amendment…

(Editor’s note: Bold added for emphasis)

Despite the setback, many Illinois Democrats in office will tell their supporters that they at least tried to “spread the wealth around” more in moving the legislation this far.

As the economic climate deteriorates nationally, I expect to see even more of these targeted income tax hikes being proposed- along with its reintroduction in “Madiganistan.”

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Finke, Doug. “Madigan dropping plan to tax Illinois millionaires.” The State Journal-Register. 9 Apr. 2014. (http://www.sj-r.com/article/20140409/NEWS/140409326/-1/json). 10 Apr. 2014.

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