TANC Research: "Federal Government Malfeasance by the Numbers"
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TANC Research: "Federal Government Malfeasance by the Numbers"

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TANC: Trans-American Alliance for a National Consensus has completed an extensive research study illustrating the (dollar) level, magnitude and unprecedented scope of "gross malfeasance" perpetrated ...

TANC: Trans-American Alliance for a National Consensus has completed an extensive research study illustrating the (dollar) level, magnitude and unprecedented scope of "gross malfeasance" perpetrated against American taxpayers by all levels of our federal government. Of particular note, the U.S. Government has not fully disclosed the "long-term" costs and guarantees committed to the unprecedented $800 billion-plus bailout of America's major corporate banking, financial and insurance institutions (refer to the page 2 slide).

As the entire slide presentation illustrates, NOW is the time for ALL Americans to get involved in direct "Citizen Oversight" through an Electorate Legislative Consortium being proposed by TANC. Please visit TANC at http://www.transamericanalliance.org for more information and how to get involved with this grassroots "Direct Democracy" movement. We welcome to you also visit TANC's "Roadmap to 'Direct Democracy'" presentation available for viewing/downloading at http://www.slideshare.net/MAF_TANC/tanc-presentation-audio-112208-presentation.

Please also accept our invite here to join our Facebook "cause" group at http://apps.facebook.com/causes/249715/54103574?m=1a240be5.

God bless America, and thank you for your time.

Michael A. Freeman, Executive Director
TANC: Trans-American Alliance for a National Consensus
Email: ThinkTANC@transamericanalliance.org
URL: http://www.transamericanalliance.org
Facebook Cause: http://apps.facebook.com/causes/249715/54103574?m=1a240be5

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    TANC Research: "Federal Government Malfeasance by the Numbers" TANC Research: "Federal Government Malfeasance by the Numbers" Document Transcript

    • Federal Government Malfeasance By The Numbers… the Time is now for Citizen Oversight www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • TAXPAYERS ARE PAYING A HEAVY PRICE TO FIX THE BANKING INDUSTRY’S MESS www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • BURGEONING TRADE IMBALANCE IS LEADING TO GREATER FOREIGN OWNERSHIP OF U.S. TREASURY DEBT www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • QUALITY OF LIFE / STANDARD OF LIVING SCORES ARE SLIPPING IN THE U.S. vs. OTHER LEADING “DIRECT DEMOCRACIES” www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • RANKS OF JOBLESS UP 57% COMPARED TO 10 YEARS AGO 10-Year U.S. Unemployment Rate 8 7.2 6 5.8 5.7 5.2 5.7 4.6 4 4.6 4.7 4.2 4.3 4.0 2 0 1998 2000 2002 2004 2006 2008 U.S. Jobless Rate in % Source: Bureau of Labor Statistics, U.S. Labor Department, yearly figures start each January, ending in December 2008. AMERICA’S HEALTHCARE SYSTEM LEAVES MORE PEOPLE FALLING THROUGH SAFETY NET Uninsured Grew 51% In 21 Years 50 47.5 40 30 31.5 20 10 0 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 Millions of People Uninsured Source: U.S. Department of Commerce, Income, Poverty, and Health Insurance Coverage in the United States: 2007 (released August 2008); 2008 updated with published estimates. www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • IMPACT OF THE DEREGULATED U.S. MORTGAGE LENDING INDUSTRY & GROWTH OF SUBPRIME ARM LOANS Federal Reserve Open Market Purchases of Repo Mortgage Backed Securities (MBS), 2000–2007 Source: New York Federal Reserve (chart via Wikipedia.org) 1700% GROWTH IN PREDATORY SUBPRIME MORTGAGES — $35 BILLION (1996) TO $600 BILLION IN 2006, ACCORDING TO U.S. TREASURY DATA www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • 4.4 MILLION HOME FORECLOSURES OVER THE LAST TWO YEARS, 2007-08 Federal Reserve Open Market Purchases of Repo Mortgage Backed Securities (MBS), 2000–2007 Source: RealtyTrac, U.S. Foreclosure Market Reports (chart courtesy of Wikipedia.org) IMPACT: $435 BILLION IN LOSSES FROM “MORTGAGE-BACKED SECURITIES”AS OF JULY 31, 2008 (According To U.S. Treasury dept.) www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • DOMINO EFFECT OF SUBPRIME MORTGAGE CRISIS ON U.S. ECONOMY Author/Source: Farcaster, via Wikipedia.org TOTAL HOME EQUITY DROPPED $4.2 TRILLION FROM $13 TRILLION TOTAL IN 2006 TO $8.8 TRILLION BY MID-2008 www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • IMPACT OF 40,000+ LOBBYISTS SPREADING THEIR INFLUENCE IN WASHINGTON, D.C. IS IT COINCIDENCE THAT THE BIGGEST BENEFACTORS OF GOV’T BAILOUTS ARE ALSO THE LARGEST LOBBYING GROUP? www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • AN OVERVIEW OF WHERE YOUR HARD-EARNED TAX DOLLARS ARE BEING DISBURSED… www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • MOUNTING FEDERAL GOV’T DEFICITS LEFT FOR FUTURE GENERATIONS TO CLEAN UP… U.S. Federal Budget deficits vs. total National Debt, 2000-2008 Sources: Congressional Budget Office, U.S. Treasury Dept., and White House Office of Management and Budget, 2009 Fiscal Budget (chart courtesy of Wikipedia.org) America’s Citizens Can Do Better! www.transamericanalliance.org Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)
    • OUR “REPRESENTATIVE DEMOCRACY” OUR “REPRESENTATIVE DEMOCRACY” AT WORK! AT WORK! Americans Can Deliver REFORM with DIRECT DEMOCRACY! Americans Can Deliver REFORM with DIRECT DEMOCRACY! Copyright © 2009, Trans-American Alliance for a National Consensus (TANC)