The Beginning Of The End
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100 Million Poor People In America And 39 Other Facts About Poverty That Will Blow Your Mind

Every single day more Americans fall into poverty.  This should deeply alarm you no matter what political party you belong to and no matter what your personal economic philosophy is.  Right now, approximately 100 million Americans are either “poor” or “near poor”.  For a lot of people “poverty” can be a nebulous concept, so let’s define it.  The poverty level as defined by the federal government in 2010 was $11,139 for an individual and $22,314 for a family of four.  Could you take care of a family of four on less than $2000 a month?  Millions upon millions of families are experiencing a tremendous amount of pain in this economy, and no matter what “solutions” we think are correct, the reality is that we all should have compassion on them.  Sadly, things are about to get even worse.  The next major economic downturn is rapidly approaching, and when it hits the statistics posted below are going to look even more horrendous.

When it comes to poverty, most Americans immediately want to get into debates about tax rates and wealth redistribution and things like that.

But the truth is that they are missing the main point.

The way we slice up the pie is not going to solve our problems, because the pie is constantly getting smaller.

Our economic infrastructure is being absolutely gutted, the U.S. dollar is slowly losing its status as the reserve currency of the world and we are steadily getting poorer as a nation.

Don’t be fooled by the government statistics that show a very small amount of “economic growth”.  Those figures do not account for inflation.

After accounting for inflation, our economic growth has actually been negative all the way back into the middle of the last decade.

According to numbers compiled by John Williams of shadowstats.com, our “real GDP” has continually been negative since 2005.

So that means we are getting poorer as a nation.

Meanwhile, we have been piling up astounding amounts of debt.

40 years ago the total amount of debt in the United States (government, business and consumer) was less than 2 trillion dollars.

Today it is nearly 55 trillion dollars.

So we have a massive problem.

Our economic pie is shrinking and millions of Americans have been falling out of the middle class.  Meanwhile, we have been piling up staggering amounts of debt in order to maintain our vastly inflated standard of living.  As our economic problems get even worse, those trends are going to accelerate even more.

So don’t look down on the poor.  You might be joining them a lot sooner than you might think.

The following are 40 facts about poverty in America that will blow your mind….

#1 In the United States today, somewhere around 100 million Americans are considered to be either “poor” or “near poor”.

#2 It is being projected that when the final numbers come out later this year that the U.S. poverty rate will be the highest that it has been in almost 50 years.

#3 Approximately 57 percent of all children in the United States are living in homes that are either considered to be either “low income” or impoverished.

#4 Today, one out of every four workers in the United States brings home wages that are at or below the poverty level.

#5 According to the Wall Street Journal, 49.1 percent of all Americans live in a home where at least one person receives financial benefits from the government.  Back in 1983, that number was below 30 percent.

#6 It is projected that about half of all American adults will spend at least some time living below the poverty line before they turn 65.

#7 Today, there are approximately 20.2 million Americans that spend more than half of their incomes on housing.  That represents a 46 percent increase from 2001.

#8 During 2010, 2.6 million more Americans fell into poverty.  That was the largest increase that we have seen since the U.S. government began keeping statistics on this back in 1959.

#9 According to the U.S. Census Bureau, the percentage of “very poor” rose in 300 out of the 360 largest metropolitan areas during 2010.

#10 Since Barack Obama became president, the number of Americans living in poverty has risen by 6 million and the number of Americans on food stamps has risen by 14 million.

#11 Right now, one out of every seven Americans is on food stamps and one out of every four American children is on food stamps.

#12 It is projected that half of all American children will be on food stamps at least once before they turn 18 years of age.

#13 The poverty rate for children living in the United States is 22 percent, although when the new numbers are released in the fall that number is expected to go even higher.

#14 One university study estimates that child poverty costs the U.S. economy 500 billion dollars a year.

#15 Households that are led by a single mother have a 31.6% poverty rate.

#16 In 2010, 42 percent of all single mothers in the United States were on food stamps.

#17 According to the National Center for Children in Poverty, 36.4 percent of all children that live in Philadelphia are living in poverty, 40.1 percent of all children that live in Atlanta are living in poverty, 52.6 percent of all children that live in Cleveland are living in poverty and 53.6 percent of all children that live in Detroit are living in poverty.

#18 Since 2007, the number of children living in poverty in the state of California has increased by 30 percent.

#19 Child homelessness in the United States has risen by 33 percent since 2007.

#20 There are 314 counties in the United States where at least 30% of the children are facing food insecurity.

#21 More than 20 million U.S. children rely on school meal programs to keep from going hungry.

#22 A higher percentage of Americans is living in extreme poverty (6.7 percent) than has ever been measured before.

#23 If you can believe it, 37 percent of all U.S. households that are led by someone under the age of 35 have a net worth of zero or less than zero.

#24 A lot of younger Americans have found that they cannot make it on their own in this economy.  Today, approximately 25 million American adults are living with their parents.

#25 Today, one out of every six elderly Americans lives below the federal poverty line.

#26 Amazingly, the wealthiest 1 percent of all Americans own more wealth than the bottom 95 percent combined.

#27 The six heirs of Wal-Mart founder Sam Walton have a net worth that is roughly equal to the bottom 30 percent of all Americans combined.

#28 At this point, the poorest 50% of all Americans now control just 2.5% of all of the wealth in this country.

#29 Back in 1980, less than 30% of all jobs in the United States were low income jobs.  Today, more than 40% of all jobs in the United States are low income jobs.

#30 Right now, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.

#31 Half of all American workers earn $505 or less per week.

#32 In 1970, 65 percent of all Americans lived in “middle class neighborhoods”.  By 2007, only 44 percent of all Americans lived in “middle class neighborhoods”.

#33 Federal housing assistance outlays increased by a whopping 42 percent between 2006 and 2010.

#34 Approximately 50 million Americans do not have any health insurance at all right now.

#35 Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, approximately one out of every 6 Americans is on Medicaid.

#36 It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

#37 Back in 1990, the federal government accounted for 32 percent of all health care spending in America.  Today, that figure is up to 45 percent and it is projected to surpass 50 percent very shortly.

#38 Overall, the amount of money that the federal government gives directly to the American people has risen by 32 percent since Barack Obama entered the White House.

#39 It was recently reported that 1.5 million American families live on less than two dollars a day (before counting government benefits).

#40 The unemployment rate in the U.S. has been above 8 percent for 40 months in a row, and 42 percent of all unemployed Americans have been out of work for at least half a year.

Recently, I wrote a long article about why there will never be enough jobs in the United States ever again.

That means that a whole lot of Americans are not going to be able to take care of themselves.

As our economy gets even worse, there is going to be a tremendous need for more love, compassion and generosity all over the country.

Don’t be afraid to lend a helping hand, because someday you may need one yourself.

  • http://20SignsThatAllPointToTheSameThing-CanYouGuesWhatThatIs? leo in Wisconsin

    But our elected officials in washington are sure making bank and living high on the hog

    • cheryl

      its not so much the elected officials, but the top heavy union jobs that federal workers hold…My job, in the private sector starts at better than 20K more per year in govt, I know,Ive checked, and I make a good living. I do not feel any govt worker should earn more than the civilian average of that position in the real world

      • Gary2

        you should be getting a union to raise your wage and not try to lower others to your wage level. The question is why your wage for a similar job is so low when the private sector is sitting on record profits.

  • Wilson

    This article would mean a lot more if you defined the terms such as what the poverty line is and what low income is, etc. Define your terms! Otherwise all it is is a bunch of numbers that you’ve thrown out to the reader. Not one of your better articles.

    • David Hammond

      Wilson, he did define them in the introduction.

    • Amanda Brand

      Scary facts indeed! One does not need any additional figures to gasp the severity of the US economy. The knock out sentence in the last paragraph, ..help others where you can because you might need help too down the line – is a real wake-up call!! Very good article!

  • Bill

    Michael,

    I gave you credit for your fantastic writing ability but you are stuck in a rut. You understand, we understand but America needs a solution more than we need facts and figures. America needs a solution not another helping hand.

    As I said the other day, WE NEED LEADERSHIP. We need leadership to rebuild America not destroy it. We need leadership that is open, honest, and without a hidden agenda. That will only come when people realize both political parties serve the hidden agenda and not America’s agenda.

    You have done a great job pointing out how bad the situation is. Isn’t it time for a solution before November is here and gone?

    • Michael

      Bill:

      Neither Obama or Romney is a solution to anything.

      In past articles I have discussed things that could be done, but neither political party is willing to even consider such suggestions.

      The storm that is coming is not going to be averted on a national level, so we need to prepare on a family and a community level.

      Michael

      • Bill

        Michael,

        More than anything I appreciate your response. I agree there is a storm coming but I think a response on a national level could change the wind. I really think there are “white knights” in the background that will be effective. Did you ever read the article I suggested?

        Eventually the truth will come out concerning the people who have committed treason against our country and their puppets inside the beltway who pretend to be our representatives.

        If families and communities were to join with others and understand the psychology being used by the bad guys to prevent unity there would soon be a majority to halt the storm and the treason.

        Please Michael, if you read the article you will see there is something you CAN do to help.

        Fear Not,
        Bill

      • http://yahoo.com richard swank

        WELL SAID MICHAEL, NO BODY IS LISTENING. YOU HAVE A MORE POSITIVE ATTITUDE THAN I DO. I DON’T SEE US MAKING PAST THEN END OF THE YEAR. MICHAEL IS GIVING US THE WORST OF TIMES, TO GET US OFF OUR AS— AND PREPARE. WERE GOING DOWN NO MATTER WHAT.

        • John W.

          If this screws up our Hawaii vacation in Oct. I will be really ticked. Can’t they wait until we are done to have the meltdown? Just plain inconsiderate.

    • Rodster

      As Michael stated, neither party gets it and they don’t care. It’s ALL about keeping their jobs and their self interests. There are some good politicians that GET IT but they are far and away outnumbered by the “can kickers” who believe they what is happening in Europe will NEVER happen here because we are the USA.

      Unfortunately they are going against MATH. And math says the 2+2=4. It’s only politicians and the Gary2 types that say 2+2=7. ;)

      So mathematics who has no party affiliation says this debt bubble can not go on indefinitely. Too bad Greece, Spain, Italy, France, Ireland and Portugal did not heed the warning. Even worse our politicians are ignoring math as well.

    • David Hammond

      Bill – I believe that we are so far gone as a nation that we have crossed the thin red line. The solution now is to prepare for the coming hardships that will happen. I can tell you that there is probably absolutely nothing that the government can do to return us back to sustainable conditions. Our politicians are drunk in their power and delusions. We have to understand that this isn’t only a US problem, but a world wide problem. The whole world is on the brink of economic collapse. It is why we keep on reading about these gimmicks and schemes that the governments are initiating in hope to keep us afloat a little while longer until it just finally comes down on us.

      The government knows what’s in store for the future of this nation. They may appear inept, but behind the scenes the gov is preparing as well for the collapsing. Look at the executive orders that Obama has signed just this year. They are all built around controlling the masses and resources! The signs are there, but we are blind as a nation to see them.

      • i’vegivenup

        Agree. We have passed the point of no return. Now all we can do is try and warn others plus prepare for the bad times ahead. Food, water, medical supplies and (unfortunately) weapons for defense (guns). Time is running out…get moving…

  • HecatesMoon

    I am not only new to this site, but also fairly new to “waking up” as well.
    I have read the articles here always mentioning China and the federal reserve, but a little while ago, someone gave me a link to check out just how much of our debt lies with various places and/or institutions.
    According to the link, most of the debt owed by the U.S. is to social security and not to other countries or even the federal reserve.
    What…how does that play into the overall scheme of things? This is why we owe the rest of the money elsewhere? Can someone give me a general run down on this particular piece of the debt puzzle?

    http://www.businessinsider.com/who-owns-us-debt-2011-7?op=1

    • KC

      Dear Hecates Moon,

      I am not an expert, but here is my take. The majority of the debt the federal govt. carries is owed to private US based banks. Theoretically, this money is owed to “us” because our deposits are what form the basis of US domestic bank holdings. However, we know of course that the terrible interest rate you earn on a checking or savings account does not accrue primarily to you.

      What the federal govt. owes in foreign debt is based mainly on currency reserves held by foreign countries including China. They hold massive amounts of our currency “in reserve” – basically sitting around stockpiled in cash at their national banks.

      That is my best summary, but the Economist magazine could do much better.

      KC

  • doctor blue

    I think it has started here in America.
    Did you know the McDonald’s was closed for good in Oroville CA? They leveled the building and bulldozed the grounds.
    Also did you know 15 McDonald’s restaurants closed for good in the Sacramento CA area?
    And businesses of all kinds are now really hurting from this economy. Now you will start seeing long term (what you thought wre American icon’s of industry) disappear for good.
    Now it’s our turn to slide into the pit of dispare and helplesness.
    (I will be over tomorrow night neighbor to share your campfire to keep warm and to share some of your great BarBQ rat,)(my neighbor makes the worlds best BarBQ rat on a stick).

    • John W.

      I would bet that the McDonalds were all replaced with Taco stands to reflect the new demographics of both Sacramento and Oroville. Both used to be nice places.

    • http://msn.com thisnamewilldo

      In taking a weekly outing to where I fill up on non-ethanol gas, I use the trip as a way of pointing out some our current economic and financial woes to my teenage and young kids by directing their attention the number of businesses that have closed (judging by the for lease or rent signs that had been put up) since we had last been there (We go there twice a month). This has been going on for at least a year now. They are getting pretty good at guessing who will be out of business and when that will likely occur (usually at one year)depending on the type of business that was in operation. It was like a game to them. There are still people out there that believe they can pour their life savings into a business and still make loads of money. What they do not see is that no one (except for few) is making tons of money in their business. Most business owners find it more and more difficult to stay afloat let alone make a profit to where they can afford what used to be a given vacations, new cars etc, private schools…Reality really hit home for them pretty hard last week, when my kids discovered their favorite restaurant, (there are actually two) had suddenly closed and went out of business (a whaler boat type seafood restaurant and a smaller pub type of business). Suddenly they understood things were not so funny anymore. No one spoke a word on the way back home from the trip. Even the smallest are becoming aware of the magnitude of the problems we will all be facing soon. I just hope we all wake up in time to do something about it before it’s too late.

  • Terry

    #7 Today, there are approximately 20.2 million Americans that spend more than half of their incomes on housing. That represents a 46 percent increase from 2001.

    The private sector could easily build an ample supply of affordable housing…if only government would get out of the way.

    Unfortunately, that is the last thing middle class voters in economic decline are likely to accept.

    • http://msn.com thisnamewilldo

      The government is and always has been in the way. Most citizens are smart and talented enough to solve many of the problems plaguing society. Everything that’s happened in the economy would have been over by now.
      The fact that our fascist government will not follow prudent steps to rectify the situation makes them culpable and criminally liable.
      Our present government is an enemy of the state that must be dealt with and dealt with soon before we all lose the power to change the course of history. Their purposeful sabotage of our nation’s resources and finances must stop.
      It’s time for us to call out the criminal elite, throw them out of office, imprison them and take back our sovereignty that puts decisions back into the hands of the citizens where it belongs.

  • McKinley Morganfield

    Yes, the next body blow to the economy is going to bring on 30-40% real unemployment/underemployment. (The current 8.2% projected by the BLS is bogus and totally manipulated and underestimates unemployment by at least 50%.) In our local communities we, as individuals, do need to assist those less fortunate with food donations and general acts of kindness. Most people want a decent job, they don’t want handouts.

    IMO this situation is going to be impossible to solve unless we have a total overhaul of the financial-monetary system. We also need to impose tariffs on goods from low wage/heavy polluting nations, stop policing the world, and put government at all levels on a leash. Government, with a few exceptions, should never spend more than it takes in; so change the tax system (not soak the ‘rich’) to raise revenues and cut the federal budget by 33% immediately. Term limits and pay cuts for congress would also be nice. End soap box mode.

  • John Jackson

    The only way to survive and thrive during these unprecedented times is to invest like the rich do:

    http://theelevationgroup.net/presentation/register.php?a_aid=a6affed9&a_bid=e6b01db8

  • tappedops

    Sorry but #40 is jacked… get real figs at– http://www.shadowstats.com/ its near 26% and will double in 16 months

  • Stan522

    This impoverishment of our fellow Americans is by design. It’s just that we are all to stupid to realize it and the stupidity is propagated by the corporatist owned mainstream media that spoon feeds us crap for dinner and calls it news.

    The world is going to Hell and they are all going down with it……

  • lee

    It may be a little late in the game to be working on saving, it may be time to just focus on surviving the coming depression; but here’s a couple facts I know that stunned me when I learned them.

    1. Less than 60% of workers have $25,000 saved.

    2. 1 in 4 people will depend entire on social security in retirement.

    3. If you save 5% monthly, you’re doing better than 75% of the US.

    I don’t know if I’m proud I’m not in those categories or saddened by how many people are in them and are about to have tougher times than they ever imagined; but it feels like the latter; going to be really tough for a lot of people.

    • John W.

      I believe that the stat is actually much worse than you stated with over fifty percent of families having less than 2,000 dollars in the bank or saved for retirement. Many thought the Lottery would be their ticket to easy street. Fools.

  • orionverin

    This is very sad because today i saw a homeless woman sleeping in a Dollar Store,my God this country is really slipping faster and faster!

  • JT

    America needs to repent and turn back to the God that made it a great nation in the first place. The founding fathers were Christians and they worshiped the God of the Bible – Lord Jesus Christ.

    • Gay Veteran

      and they were ago men of the Age of Reason and the Enlightenment, not a bunch of religious wackos

      • The Claymobile

        Thank God for the religious wacos, the immoral secularists have sure screw up this country!

    • Debbie P

      JT WELL SAID

    • Ascetik

      Hate to break it to you bud, but most of the founding fathers were Deistic Masons, the same group that is running the global banking cartel, the highest levels of freemasonry and it’s many groups.

      Only a few of the founding fathers were practicing Christians, which is why our constitution is not perfect. The separation of Church and State does not work in the long run. You are either a country following God’s law, or you are not. And America is not.

      • John W.

        There is no seperation of church and state in the Constitution. Why do you and your ilk keep repeating that lie.

      • TtT Engine

        The Founding Fathers, ALL theists [John Adams, Benjamin Franklin, Alexander Hamilton, John Jay, Thomas Jefferson/deism, James Madison/deism, and George Washington] were all highly educated Protestant Christians. Separation of Church and State has been completely bastardized by the modern left. The founders promulgated separation for the very purpose of the promotion of the individual practice of religion so that the U.S.A. would never become a Theocracy such as the totalitarian Islamic countries. Our founders were escaping religious persecution. The founders never intended or invented a 501(c)(3) blackmail tool to prevent religion from thriving. The communistic leftist Congress [thank you Lt. Colonel/Congressman Allen West, God Bless you] running this country perverted the clause and got people to think government was supposed to be secular/atheistic. JFK, the adultering sex freik who had no problem sexing his intern, felt the need to apologize for his personal phony version of Catholicism, made the perversion permanent. Our country was MOST DEFINATELY founded on Judaio-Christina values and the communistic left running this country has spent every waking hour since 8-15-1969 [Woodstock] destroying our Judaio-Christian foundation. They have almost completed Satan’s work. Nov. 6, 2012 will be judgment day for the survival of the Red, White and Blue. On this day, VOTE for Damn Mitt Rommey, give the PPP [planned parenthood president] his walking papers to place under lock and seal with his school records. Pray and beg for God’s mercy and forgiveness for the destruction of the 50+ million of His babies via abortion. Christi Fidelis !

        • Gay Veteran

          TtT Engine must be out of gas. Deism is NOT the same thing as Christianity.

          Allen West? Disgraced his uniform and got kicked out the military.

          The Constitution has more to do with the Age of Reason and the Enlightenment than the Bible.

          Though you might be right, after all we did have slavery for 100s of years and that was condoned by the Bible.

          • TtT Engine

            5/7 Founding Fathers were highly educated Protestant Christians. All 7 Founding Fathers subscribed to a Judaio-Christian Value System. The United States was once a great Nation when we adhered to our Judaio-Christian values. Lt. Colonel Allen West earned high honors in our military. He served valiantly for many years in our military. The charges against him were typical of a government prosecuting a war more concerned about political correctness than winning a war against Islamo terrorism. Just look at the rigged charges and railroad job Lt. Colonel Jeffrey Chessani received. Look at our government’s dereliction of duty in prosecuting Major Malik Hasan, an Islamic terrorist that penetrated our military at Foot Hood. Pres. Bush made the fatal mistake of thinking we needed to find WMD’s in order to invade Iraq. Sadam, Kadafi, Assad or Achmadinejad were/are all sponsors of Islamo terrorism. A bold military response to 911 was necessary. Achmadinejad would have been a better target than Sadam. A common goal of evil in the world is the eradication of the Holy Bible and those that live by it. Thank you to all veterans who have served the U.S.A. patriotically. Christi Fidelis !

  • michelle

    It’s heartbreaking, but worldwide poverty is even more so. That some live in obscene luxury while children die of starvation is…

    Words fail me.

    • http://earthypoetgrrl.wordpress.com Beth

      I totally agree Michelle. I keep thinking about a recent article here about corn; we will have rising food prices but for some in this world this is life or death!

  • bobinsherwood

    If a 50 yr. old person has $5M in an IRA and $1M in the bank earning less than 1% AND is unemployed then this person is poor??? The definition CANNOT be based on income alone. It must be revised to include NET WORTH!

  • mark

    Poverty rates in the US are way off. The life style of most that are concidered poor here is way better than 90% of the world. Many poor people have TVs, cell phones, government paid apartments, food stamps, medicaid or medicare. The income rates in many cases do not include the rest of ones wealth, such as a car, a house, personal possessions, cash in the bank, stocks and bonds, etc. Those items are not included in the process of getting food stamps. Also under the table money is never reported. Now on this note we do need some sort of safety net for widows and others that have a real bad disability. But taking a look at the thousands that get a handicap parking permit, the threshold is pretty low.

    • cripes

      Wrong. You cannot qualify for food stamps (now LINK or “SNAP”) if you have more than $2,000 in total assets, excluding car and residence. It’s not uncommon for people who fail to disclose to be levied penalties, including full repayment and being barred from benefits for two years or more.
      This may include denying children food, because the parent has not reported all assets. Same for Medicaid.
      All states have a lifetime cap on cash benefits–Wisconsin’s is just two years’ benefits. Only food stamps are given after that.
      Despite The ACA’s provision to expand Medicaid to poor people even if they don’t have children or are disabled, many states will not participate, and those who will take the federal money, have begun to lower eligibility so much that thousands will be kicked off anyway. On July 1st, Illinois has reduced Medicaid eligibility from 400% of federal poverty level to 133%. Believe me, those making more than 11,000 per year still can’t afford any health insurance worth sh*t.
      Millions who are eligible for food stamps don’t receive them at all. Even so, food stamp rolls have increased from about 23 million to 43 million in less than 10 years. It’s the poverty.
      Being poor in this country is hell.

      • FNPMitchreturns

        what is really pathetic is that the $2000 asset cap was created with the program in 1984 and has never been adjusted for inflation! If you factor in inflation in 2012 dollars the asset cap is really only $750 in inflation adjusted dollars. If the $2000 had been allowed to rise with inflation the asset cap would be about $5500!

        this is just one way we are getting short changed by the phony inflation stats put out by the government.

  • sistergoldenhair

    Hi. Well let me think about this. My father made an executive salary during the 50s 60s 70s…did I know this…No!!! My mother raised us thinking we were poor. We whopped at thrift stores hardly ever ate out. She really drilled into us kids that money did not grow on trees. I once asked for a dime to buy a snocone at school and mother balked and scolded me. I walked along the gutter to look for spare change. Boo hop poor me right? Nope I learner about how to be happy without spending a dime. I went to the library and read for free I wrote stories and songs tor fun. I looked at trees and flowers and found their beauty. Today many years later I still go to thrift stores and read books from the library but today I bought an ice cream cone and Boy was I happy. Remember kids. Abraham Lincoln lived in a one room cabin with no running water!!!!!!!!! Peace

    • http://earthypoetgrrl.wordpress.com Beth

      Peace to you too! Your comment made me smile:)

    • John W.

      Sounds like we had the same mom. We were poor but always had the things that mattered. A big family meal on Sunday was a tradition. Once while going through some old bank books I was shocked by just how little money we had. They did well with very little.

  • chiller

    This should be mandatory reading in every school and workplace across the nation.

  • Eric V. Encina

    CURSE THE DEBT MONEY SYSTEM, THE DISASTER DEBT FINANCE DISASTER CAPITALISM AND OPPRESSIVELY COMPOUNDED USURY. NO LACK OF FOOD, BUT THE LACK OF MONEY AS IT IS ARTIFICIALLY CONTROLLED BY THE BANKERS.

  • Bill

    It’s depressing, we have to face facts – we are in a depression. The only difference is that instead of lines at the soup kitchen, you get a card in the mail from the government.

    What is ironic, maybe not ironic, is that the so called “liberals” solution to this problem is to make it illegal to feed the homeless or even be homeless.

    Libs that read this blog, Thomas Jefferson was a liberal. Modern “liberals” are just
    Nazi’s in casual shirts and flip flops.

    • Gay Veteran

      yeah, and modern “conservatives” are just Nazis in flannel shirts and boots

      eyeroll

      • The Claymobile

        The Nazis were socialists just like B.O. and his fellow Liberals.

        • Paul

          The Nazis were Nationalists, mostly supported by some aristocrats who didn’t like losing WWI, and later big business.

          They took the “Socialist” and “Workers” into their name, because the socialists had a pretty broad voting base among the workers. If they had made a coalition with the communists they would have gotten the majority in the German parliament.

          Hitler’s party gained that majority in 1933, because he had the communist candidates arrested after the fire in the Reichstag, and everyone else was on the run.

          The Nazis were as much socialist as the Democrats in the US are left-wing.

      • Prepping for the Future

        Actually the progressive liberals are following the Nazi. It’s truly funny how uneducated people are the NAzi party was NATIONAL Socialist DUH. Here’s your sign.

        • Gay Veteran

          then why did the REAL Socialist party in Germany oppose the Nazis?

          your ignorance of history is appalling

  • dani

    sad sad story

  • Karol

    I recently read an article, The elites are unanimous: lower everyone’s wages and standard of living. I am a single parent, house hold of four, and more than half my income goes towards living expenses. I hadn’t had a car for about 5 years, until a friend of mine got a divorce and gave me his ex-wife’s car. The car is 14 years old, it was free, and I love it. I now consider myself upper-poor class. As for standard of living, well at Christmas there is usually no tree or presents, we have no cable, no phone, no vacations, no movies, no dentist or doctors appointments for me, etc., so the Elites have done a great job.

    • fedup

      Karol,

      I feel bad about your situation and wish for your situation to turn around—but WHY have 3 (THREE!) kids when you can’t afford to support them???

      • John W.

        Maybe because when she had them she was married. DUH?

    • Meg

      I spent 10 years as a single parent on government assistance, feeding and housing 3 people on $209.00 a week, working 10 to 18 hour days and driving a borrowed car. My husband is a disabled veteran with a whopping government paycheck of $219/month. Now, we haven’t been on government assistance for 4 years. We’re living in a nice condo, nearly debt free other than a lot of student loans, driving a very nice used car, and our daughter gets her hair and nails done on a monthly basis. We can actually budget a little bit of money to “pay it back” by giving what we can to help people who truly can’t provide for themselves. Yes, our furniture is from Salvation Army and we still have basic cable. We still don’t go to the movies, and $25 is still our spending limit for presents, but by the time our teen is in college, we’ll be able to make sure she graduates debt free and we will finally take that honeymoon in Belize that we’ve been dreaming about since before we got married. The difference between us and everyone else is that we busted our humps, went to college, educated ourselves, developed a skill set and actively worked to make our lives better, even though it meant moving 2500 miles without relocation pay to get the job.

      I have no sympathy for anyone who sits around blaming everyone but themselves for their circumstances. yes, life sucks and it does seem like every time you get started on the right path something happens to knock you back down. That’s just how life is. I suffered from a lot of serious health problems before I learned how to eat right. We spent 2 years living in a trailer through midwestern winters with no heat other than 2 small electric heaters. We spent a summer without plumbing when our septic system died and we couldn’t afford to fix it. My husband, then 27, was hospitalized 4 times in a single year and my daughter was in a life threatening wreck with 16 skull fractures.

      I know all about getting kicked in the ass by circumstances, however we live in a country where it is very possible to improve the lives of yourself and your children — but you have to MAKE it happen. I don’t blame the wealthy – someone worked very hard to ensure that they and their families were provided for, which IS the American dream. I’m going to work my rear off in an attempt to do the same for my child and her children, and Heaven have pity on the person who tries to take away my hard work and give it to those who are too lazy to help themselves, because I have none.

  • K

    As our economy gets even worse, there is going to be a tremendous need for more love, compassion and generosity all over the country I will just add an Amen.

    • The Claymobile

      Amen to your amen, K.

  • http://AwareAndPrepared.com William

    Michael, as always, you bring up some sobering statistics. As much as I would like to continue riding a wave of prosperity for the sake of my grandchildren, it isn’t going to happen. Since Nixon abandoned the gold standard, we have been actually riding a “false” wave of prosperity artificially propped up by a total fiat currency.

    Some would argue that we were doomed to this fate since the inception of the Creature From Jekyll Island (FED).

    Nature abhorrs a vaccuum. The large sucking sound you hear is our false standard of living being equalized with that of the rest of the world (3rd world, I might add).

  • CaliPrepper

    Am looking forward to Ken Burns’ documentary The Dust Bowl, in November I believe. These economic times have renewed interest in the history of Great Depression. Your articles are very interesting and provide a wide variety of statistics and food for thought. In my office, a number of us have reached our ‘ceiling’ as respects to wages, so will be continually challenged at stretching those dollars, as well as added work via short staffing due to a hiring freeze. Even so, articles like yours remind me to be appreciative of what I have – counting my blessings as it were. I keep my 2003 vehicle repaired, grow vegetables in containers, share what I reasonably can with my friends.

  • William

    That there is just ONE hungry or homeless child in America when America gives away billions of dollars to foreign countries (all borrowed) clearly shows that the US Congress and the Federal government has been totally and completely infiltrated by the criminal ************* Illuminati who intend to control the world. America kills innocents with drone strikes in many countries, including Pakistan, Afghanistan, Yemen and Somalia…..all in unnecessary criminal acts of desperation to benefit a foreign country. If you go to the polls in Nov and vote to reelect the IDIOT in the US Congress who “represents” you, you are part of the problem.

    • Bill

      Well said

  • Rowell

    I was involved in a car accident last year. I was stopped in traffic on a highway, waiting in line to get off the exit. As luck would have it, I was the last car in line at the time. I happened to look in my rearview mirror and saw a car driving up at full highway speed.

    That moment right there, when you see the car in the mirror, your mind debating whether or not he is driving as fast as you think he’s driving, wondering if he’s going to brake or swerve, or just barrel into the back of your car…. that’s exactly what it feels like in today’s economy and financial times. That split second before impact, wondering how bad it’s going to be, wondering if how badly you’re going to be hurt, or even killed.

    The way things are going nowadays, I don’t think the government or anyone is going to be able to brake or swerve in time. So get ready for a full speed collision. It’s going to hurt….a lot.

  • TooLittleTooLate

    It’s sad alright.

    If you happen to be lucky enough to be able to put some food away, now would be the right time to get it done if you have not done it already. Prices will be going WAY up soon so even if everyone here is wrong ( which they are not ), you still get a massive discount on what you do buy at the very least…. if everyone here is right, you’ll wish you would have put away even more.

    I really don’t talk to as many folks as I used to about what is likely coming…. I used to.

    The honest truth is that most can not fathom that things could change here…. we’re the greatest country on earth… that can’t happen in America… That’s just a bunch of chicken little talk… It’s never as bad as they say it will be…. on and on and on. I work with a bunch of IT guys that have never been without a job or had bad times.

    I think many of them have no idea what they’d do if life changed so radically so, they refuse to even think that things could change. Most of the folks that lived through the great depression have passed away… nobody even remembers what bad times feel like anymore.

    Thanks, Michael for this site…. I have convinced a few that they should be keeping their eyes open… My close friends know what we’re in for and they all have plans… My father in law knows what is about to happen too.

    I point and have pointed many of them to some of these articles and they all agree. It’s hard to argue with the facts staring them in the face.

    It won’t be pretty when much of the public wakes up all at once and takes to the street. It will be less pretty if you happen to be a political figure or a banker. It will be Greece rioting except with firearms… that will be the excuse for someone to try to take them for our own good…. who knows where it goes from there???

    I don’t pretend that me being in the country on a small farm is going to save me either… I have no illusions of that either… I just know I won’t be one of the ones in the crowd rioting… I’ll be teaming up with my neighbors and pooling resources… I moved recently and have already know most of my neighbors know this is about to happen and that we may all have to depend on each other one day soon.

    Thank God I don’t live in an urban sprawl somewhere.

    Hopefully this won’t be happening as soon as I think it may…. I’m going to do another big Sam’s run this weekend either way… We all know food is about to come even more expensive and it won’t hurt to put more on the shelves. Maybe some extra rounds of hay and feed too.

    • Michael

      Thank you for the kind words. This entire country is heading for a huge “adjustment” soon and hopefully those of us that can see what is coming with be ready.

      Michael

    • Paul

      Don’t worry.

      If you are poor, you will get everything free.

      And if you are rich, you can claim tax back you never paid.

  • Jodi

    Yes, it’s important to restore love. Government doesn’t love only people can love.

  • http://Survive2balive.com GA

    Great article as always Michael. You always have the stats to back up your beliefs. If only the mainstream could learn that lesson.

    All of us will be poor soon. It’s too far gone to fix. Male sure you prepare yourself and your loved ones because there will be pain.

  • SidDavis

    Think about a plantation in the South before the 1861 Civil War. On that plantation, there was a skewed distribution of wealth; the master and his family had most of the wealth while the slaves lived in poverty, plus there was a small middle class of hired overseers. Look at a typical South American banana republic and you will see the same thing, i.e., a few people at the top with most of the wealth, a small middle class, and most of the population in poverty. These are skewed distributions of wealth and the cause is a legal and economic system that extracts the wealth of the majority for the benefit of the few, by whatever name we call it (dictatorship, fascism, socialism, communism, corporatism, slavery, feudalism).

    If it walks like a duck, quacks like a duck, looks like a duck, it is probably a duck. If the result we see in a society is a skewed distribution of wealth with a few at the top with most of the wealth, a small or disappearing middle class, and an abnormal large number of people in poverty, that society is a slave society. You might say the USA is one big government controlled slave plantation.

    On the other hand, when people are free the historic evidence is that there is a normal distribution of wealth with the average man owning an average amount of wealth. Extreme wealth and extreme poverty are statistically insignificant in a free economy; there is a large middle class which is what we had long ago when we were still a free country.

    What we have in the USA today is a mixed economy with socialism and fascism major components that have destroyed freedom. When government rigs the markets in favor of large corporations and legalizes scams like fractional reserve banking and debt based money, wealth is taken from those who work for it and given to those politicians and corporations who control the government and its laws; poverty is created for the majority. The politicians then extract more wealth from working people to give to those living in the poverty that government created so as to pacify them and to buy their votes.

    Until we face the reality that we are no longer a free nation, we are doomed to remain slaves. Those who do not understand they are slaves don’t understand the source of their suffering, hence don’t know the solution. When enough people wake up, we will have revolution.

    • Diane C

      I think more and more people are wakeing up and seeing some of what you have said. I agree totally with your comment. We have been taken by our Government and big corporations. I thought I would never say big corporations, because I believe in capitalism. But when you see companies like GE ( and many others) leaving the US and making big money while Americans are loosing jobs, it makes me sick.

      A revolution? Well, we certainly need to do something to stand up to these politicians et al, and I don’t want to hear more people saying you just vote them out. Yes, that takes time and I would like to think we have been trying to do that. However, once new politicians get in, they seem to loose their value system.

      Pretty sad state of affairs, for sure!!

    • John W.

      Get a copy of the book, The New Plantation Owners. It was written about forty years ago but is still right on. Most of the Southern slave owners were Democrats as wre the Klan Members and it looks like that has not changed. Just the method is different. The Repubs have let it happen so they are not much better.

  • Paul

    As “everybody” will tell you, you should tax the poor and let the rich reclaim taxes they never paid in the first place.

    And give everyone a gun and a box of ammo.

    Then pray.

  • GoneWithTheWind

    “Poor” people in America get food stamps, housing, free cell phones, free babysitting, free college, free transportation, free health care, welfare money every month, EITC money every year, free stuff, free, free, free. If you worked and paid taxes you would need to earn over $40,000 a year to get what the “poor” in America get for free. The best part of all that free stuff is NONE of it counts as “income” so the “poor” person can still claim to be “poor” even though they are getting tens of thousands of dollars of YOUR money.

    • Smooth

      GWTW, are you speaking from personal experience or has a close family member had this experience? If so tell me how you got these benefits. After being unemployed for most of two years, I couldn’t qualify for these kinds of benefits because my unemployment was too much ($450 a week is the most unemployment can be in CA). So, tell us how you did it.

    • cripes

      Another insane person who believes poor people are really rich!

      OK, clueless: in a “good” state, a single mother with infant child gets $252 in cash benefits, and less than $300 in food stamps (Illinois). You explain to me how she is going to find housing on that income. And clothes, and transportation to get a job?

      In five years, or three years, or two years (Wisconsin, etc), the state will terminate all cash benefits.

      Single homeless or poor adults get no cash benefits, anywhere. Just food stamps, which don’t purchase prepared food. Try cooking your beans and rice under a bridge somewhere and see what happens.

      In the meantime, 50% of homeless are families with minor children and 53% of food stamp recipients are minor children. Maybe we should just cut them off, too, to enhance their “work ethic?”

      Why don’t you go sign up for benefits, and then tell us how great it is.

      • TeenyJohnson

        I’m in CA…as a single woman who received food stamps for a brief period of time. I received $480 in food stamps. I did not get cash benefits as I did not apply for them. Had I applied I would have received somewhere around $300-$400 dollars each month. At the time I was employed and made barely enough to cover my rent. They ALSO have a program for assisted living meaning they’ll help you pay rent for a period of time if you’ve just had children or major surgery/medical procedures.

    • TX4Life

      This is so true. We have people we know who are receiving all these benefits that total more than our yearly income and it is very frustrating to watch. They do not want a job that pays our income or even a job that pays an income equal to the benefits they are receiving. Why would they? The only thing that keeps us from doing the same thing is pride. I refuse to compromise my values and I refuse to teach my children that it is acceptable to accept those benefits as long as there is a job available. If you’ve ever traveled to third world countries, you’ve seen poor and it’s not what we define as “poor” here in America.

    • Gay Veteran

      wow, those lucky duckies

    • http://www.povertylinejournal.blogspot.com/ the optimist

      Your statement is pretty much a flat-out lie. Yes, you can get food stamps if you are poor, the rest is just a total fabrication. SOME people, and it’s really a minority, can get subsidized – not “free” – housing. SOME people can get on Medicaid. SOME people can get welfare. And finally, SOME people can get EITC.

      I’ve been living below the poverty line for several years. I get food stamps. I do not quality for anything else. I am now homeless, having lost a business, life savings and home, and I do not qualify for anything else.

      Stop spreading lies.

    • janice

      Maybe poverty for all wont be so bad.   Absolutely accurate for a 1 parent/2 child house hold!!    The average monthly  CASH  grant for  3 mbr household in liberal states  is approx. $345.00 .     Larger families receive more.   A worker would have to NET (repeat NET) $35-50k   to match all the free benies received by 3+ mbr households on assistance in our  more liberal states.  Would love for “someone” to pay ALL MY LIVING EXPENSES!     After my mortgage/taxes/insurance; car pyment/insur /commute expenses; utilities; cable; cell and other bills…A $345.00 infusion of cash each month to save/spend would be great!! 

      Not picking on the poor…but many have a tremendous safety net.  Each  benefit has a dollar cost and it adds up :

      Cash grant; food stamps;  subsidized/free housing; transportation; healthcare;  WIC infant -age5 supplemental food vouchers;  supplemental summer vegetable stipend;  infant/toddler childcare; Head Start;  after school recreation programs;   school breakfast/lunch;  vocational training & misc. fees/uniforms;  continuing education  including GED & college courses; emergency relocation assistance due to homelessness:  1st month rent/ security,  furniture & furnishing;  waiver of  $25 state civil service job application fee;  free cell phone/minutes, including text;  legal assistance;   winter heating subsidy & utility shut off moratorium;  clothing vouchers to Good Will and other  free clothing programs; food vouchers/referrals to food give away  programs;  tax prep;  air conditioners & reduced cost landline phones, if medically necessary.  Plus  $1,500 for car repairs if recipient finds job…then up to 2yrs post employment supplemental cash/healthcare/ childcare, 6 mos transportation & $4,500 additional training funds.   May have missed some benies, but you get the picture.   Maybe that’s why Mitt Romney said he doesn’t worry about the poor?  In many cases, it is not the “poor” who are in need.  It is the working poor, middle class, unemployed who have NO SAFETY NET.  Working poor at least receive Earned Income Tax credits others get nothing.   All others pay taxes to provide free comprehensive services for the poor.    Not a bad deal if one has children, is resourceful and live in states with generous welfare perks.  Class war fare?
      Nope. Reality 101.

      • Gary2

        almost nothing you said is true.

      • To janice

        Everything you said is true.
        Thank you.

        I see that on a neigbor in the street.
        6 Children and a seventh on the way, Mother not even 30 years old, never married,never worked.
        She gets food stamps, she said over 1000 Dollars per Month, SSD for some of the children, section 8 and so on.
        Car is in the name of grandma.
        Mother wants her own,better and bigger car now and demanded that her car payments are payed from the public asistance office.
        Making money on the side with illegal childcare business.
        Children even the three year old, running around unsupervised and wild most of the day and bringing damage to the neigborhood. for example throwing rocks on our car.
        Called SS, they told me to call the state hotline. Nobody seem to care, till something happens like an accident, because its a Generations of welfare family.
        “Father” of some of the children makes extra money with illegal drugs and drives a brand truck. brother of the mother , deals in front of children and lives in the house too.
        “Father” had drug rage, was schacking children and threatning neighbors. The police should up, but him in the hospital and that was it.
        Neigbors tried unsucessfully to complaint to police. They told them they will come back for the complaint and did not showed up again.
        They go food stamp shoping with friends. So they choose the food and get payed cash later.
        Every other day the pizza delivering service is at their house.
        So they are not starving. They touring a couple of food pantries regulary.

        These is just not right, that children are born in these world just to make money. After three children this kind of people should be cut off public assistance and if they want to have more, well then they should pay for it and not the taxpayer.
        They raising just the next generation of people living of welfare.

        Sorry If I got a little bit to much in to the details.
        But thats an drastic example of what is wrong and what goes wrong here in the US.

        Sorry for mistakes, but english is my second language.

  • Grandee

    We are going to need each other to get out of this mess !

  • erheault

    The top 1% will not give a hoot about the rest of us. the upside down pyrimid of government will have to fall before any hope of change wil occur.

  • uncurable wound

    WARNING!!WARNING!! Please stand by! WARNING! WARNING! The National Troll Service has just issued a Troll watch!!!
    .
    This just out,the National troll service has issued a Troll watch for the majority of (The economic collapse blog area).
    We think there is a very good chance of a Gary2.Now this is only a watch but the chances are good.
    .
    .This Gary 2 troll is said to be very ignorant,and extremely ill tempered.Mouth Gusts of up to 40 lies per minute have been observed.
    .
    .
    This has the potential to be a very nasty Troll!
    .
    Please stay posted to the “Make Michael laugh blog” for any further updates!
    .
    If this had been an actual Troll event You would already be Irritated!!
    .
    THE NATIONAL TROLL SERVICE…THE NATIONAL TROLL SERVICE…THE NATIONAL TROLL SERVICE…THE NATIONAL TROLL SERVICE…THE NATIONAL TROLL SERVICE…THE NATIO

    • http://theeconomiccollapseblog.com azgram

      Uncurable, That is TOO funny and oh so true! It’s nice to be able to bring a smile to our faces when so much of the news does nothing but make frown marks!

    • uncurable wound

      WARNING!!WARNING!! Please stand by! WARNING! WARNING! The National Troll Service has just issued a Troll Warning!
      .
      The National Troll Service has upgraded its Watch to a Warning..
      .
      At 10:31 am a Gary2 was spotted somewhere in the southern blogs.This system gets Nasty very quickly and all people of Intelligence should steer clear.
      .
      These type of systems never seem to run out of hot air,so be prepared for sustained liberal gusts.1-2 feet of B.S. is expected.
      .
      Please keep an eye on all the things you Worked for because small flashGary2s will sweep it away.
      .
      Please stay tuned to the national troll service for more information.
      .
      THE NATIONAL TROLL SERVICE…THE NATIONAL TROLL SERVICE…THE NATIONAL TROLL SERVICE…THE NATIONAL TROLL SERVICE…THE NATIONAL TROLL SERVICE…THE NATIO

    • http://earthypoetgrrl.wordpress.com Beth

      You know I’m a lurker when it comes to posting but I read this almost every day but you know, I’m getting tired of all the Gary2 bashing! I don’t agree with all of his thoughts but can’t some of you folks hear a differing opinion, or one that you may not agree with, without getting ugly with each other?

      • http://theeconomiccollapseblog.com Azgram

        Geez, Uncurable’s comments were not ugly, they were FUNNY! Chill out!

      • The Claymobile

        Beth, please lighten up!

  • Rikki

    Michael:

    All well and good, but the truth is most that are poor are functionally illiterate and mostly speak that alternative language called Ebonics. Yet there is very little being done to solve this major league problem.

    We need a war on Ebonics….we cannot continue to just pay people to be seriously stupid.

    Back in the 70’s over 50% of GM factory workers didn’t even have a HS diploma, our dropout rate is pathetic, so what kind of job can they get anymore?

    Here is something i just found out, you can be turned down for a security clearance if you have too much student loan debt. They told someone i knew to comeback and apply again after he paid it down by $30,000.

    Its almost starting to make sense if you are homeless and poor and we have all these 5 bedroom McMansions…and empty communities that government should take them by eminent domain, and make decent places to put the homeless…sure it may not be a heat vent in times square but a roof over your head indoor plumbing and a kitchen in some abandoned 1/2 built community in new jersey, texas, arizona or FLA….yes homeless poor people in McMansions…with services right there to get them back on their feet….what a concept.

    But the ACLU will sue for discrimination ……

  • ALICE

    Poverty partially because of the devaluation of the dollar, due to the QE 1-2-3-4-5, coming from the Fed (Bernanke) to save Wall street from their own mistakes..If QE’s is the only thing left in his tool chest, then we are all headed for the poor house, except for the Wall Street investors. Stop the presses Mr. Bernanke…

  • Syrin

    FOUR MORE YEARS !!

    FOUR MORE YEARS !!

    -morons.

  • markthetruth

    The truth is the 1% is creating the junk we don’t need, but with their power they force the government to make it a necessity and other tactics.

    none of this junk makes are lives any better, our lives are more stressful and complicated then ever.

    this so called progress is actually the destruction the planet and outer space.

    our role models, now are the ones taking all our money , sports, entertainment,music
    and are the ones destroying our society with their bad habits…..
    (drug,alcohol,sex,cheating , scandals, dressing like freaks , music that is digital garbage, marriages that last only weeks , having kids without marriage . comedians that just use swear words)

    We are being brainwashed every single day without us realizing in its entirety .

    as we are afraid to eat normal anymore (always calculating and counting ,low-fat ,low salt , low cholesterol) how can we enjoy eating anymore.

    but since everyone is so busy we have to eat “fast food”(junk food) anyway.

    con the people in with toys, games ext. to there fast food joint.

    pay $100 for $5 rubber shoes. because of the name

    use the TV to pressure our kids to bug the parents for these clothes and gadgets knowing once they get to 1 or 2 they will get the rest. “Its the in thing”

    So in the end we become the addicts, for these addictions created by our 1% . We can not join them or compete with them as they will squash us. We are discouraged from trying to become a leader so we end up just being followers and addicts (and we all now what happens to addicts)………

    the end.

  • Gary2

    This is all the result of conservative policies that shred the meager safety net we have–see paul ryan budget–gives tax cuts to the already rich and hurts the poor and does not even reduce the deficit.

    I can not figure out why all the poor conservatives continue to vote in these defenders of the 1%. Poor conservatives that vote conservative are simply retarded and as long as these dolts are allowed to express their stupidity at the voting booth things will not change until all the old white conservatives die out, which demographically is happening. (thank God)

    NEWSFLASH—the 1% that you conservatives worship and vote in do not give a rip about your silly little social conse4rvative agenda and keep throwing you under the bus. You need to get a brain cell and stop voting these supply siders in.

    It has been proven time and again that tax cuts for the rich never trickle down.

    Conservatives do not care about the deficit as they were offered $10 in cuts for every $1 in tax increases and they declined.

    I feel like Charlton Hestin in planet of the apes when he is in despair of how humans ruined the planet and was saying something like “dam you all to hell, how could you do this”. This is how I feel about conservatism ruining this country. What is wrong with you conservatives???Normal people do not wear tea bags, take out their teeth and go to protests defending the 1%. WTF is wrong with you???

    • Witness the End

      So Gary,

      Where in the world would you find a country that enjoys personal, economic and political freedom, has a vibrant economy, strong middle class, free healthcare, free retirement and a superior safety net for the poor (which of course promptly get back on their feet) with a government not in debt?

      Where is this model of perfection? Somewhere in Europe, perhaps?

      • Gary2

        the Scandinavian countries. Why do you even need to ask such easily answered questions? In the time you asked you could have done a Google search and then agreed with me.

        Germany is also up there.

      • Paul

        Hong Kong comes pretty close.

        There is personal and economic freedom with a vibrant economy and the government not in debt.

        Political freedom is overshadowed by kowtowing before China (Politicians and rich business people try to please Beijing to get advantages), and there is no safety net for the poor.

        Healthcare is almost free. You pay approx USD10 in A&E. Everything else in public hospitals is free.

      • SMASH THE CONTROL MACHINE

        ITS THE COMING KINGDOM WITH JESUS AS THE KING OF KINGS!!!

    • David Hammond

      Gary – does it really matter anymore? Let’s be honest…blaming the left or the right on this and that…does it really matter anymore? We are so far gone as a country, that claiming allegiance to a party has become irrelevant. It is very naive of you to defend your political party, as if they really are working for you? You will feel the hardships that are coming just like the rest of us, and we will all bleed the same. When that day comes, maybe your eyes will be opened and realize the truth. I don’t know why you insist on attacking Michael…maybe you should just stop visiting the website if it is causing so much hatred in your heart. He is only pointing the obvious Gary, nothing more. He’s not saying go join the Republican party or spouting hate speech. Why is it Gary that you are unwilling to open your eyes and see the truth? Is it cause of the hatred that lies in your heart?

      • The Claymobile

        Well put, David.

      • Gary2

        It matters in so much as the right is bat ******* crazy and irrational. The dems with all their faulty (which are many) are at least not insane idealougs. (darn spell checker)

    • Ascetik

      If you think America is a bastion of “conservative” policy you’re straight dumb. Why do you act like all conservatives worship the the false god of the dollar. You don’t even know the meaning of the word conservative. A traditional Catholic, now that’s conservative. Distributism and Monarchy, that’s conservative. Pro-Life and Anti-Government, that’s conservative. Virtuous and Holy, that’s conservative.

      Stop acting so arm-chair commando and pointing the finger at conservatives when you really know nothing about what the word truly means.

      • Gary2

        All I need to do is look at the crazy tea party and the conservatives actions to see that they are the problem.

    • The Claymobile

      Beth where are you when we need you?!

    • Prepping for the Future

      I found this article just for the welfare mindset of Gary. Read the facts Gary can your pea brian understand the truth or not.

      “The findings are as clear as a bell: looking at the stimulus plans in 34 OECD nations, those with the largest spending spurts in 2008 and 2009 had the most anemic recoveries in 2010 and 2011 in jobs and growth. Amazingly, the four nations— Estonia, Ireland, the Slovak Republic, and Finland—with the biggest stimulus programs all had the subsequent steepest declines in growth.

      “Those countries with the least stimulus spending had the smallest declines in economic growth, on average. These results are right in line with the results we found looking exclusively at U.S. data over a far longer time period.”

      http://www.forbes.com/sites/charleskadlec/2012/07/24/the-governing-elite-are-the-greatest-threat-to-americas-middle-class/

  • Gary2

    Michael–you do not need to sleep on a park bench. If you are still homeless you can stay at my place until you can get back on your feet. Who snapped that picture of you on that park bench?? you should sue… also green does not look good on you. I would loose the green pants…

  • Cinderella Man

    Something tells me the super-wealthy in this country should take a cue from Catwoman. Batten down the hatches a storm is coming. They will wonder how they lived so large and left so little for the rest of us.

    • Gary2

      you got that right–pay back is gonna be bad for the rich.

  • Gary2

    for all you stupid right wingers who say take all the rich money 100% and it will not help—you are wrong as usual

    Shock Report: Super-Rich Holding Up To $32 TRILLION In Offshore Havens

    http://www.huffingtonpost.com/business/

    Tax the rich and spread the wealth now.

    • TooLittleTooLate

      Ok, I’ll have a go…..

      IMHO, the problem isn’t the rich. It’s the influence they peddle and how anyone of influence can buy off our congressional members to get things like tax exemptions enacted that benefit them.

      The answer to that isn’t to steal from them. The answer is to level the playing field for everyone and unleash people to go off and start a business that can compete.

      Same can be said about big labor… you have a union soliciting benefits from a currupt politician and the money the politician uses belongs to a third party…. the tax payer. The politician gets votes for giving the unions great pensions that the state/city/whatever can never possibly afford…. while the third party ( the taxpayer ) gets screwed.

      It’s all corrupt to the core. The banking lobby is the same…. corrupt to the core…. full of disease and filth. The banks go off and bet the farm and lose, the taxpayers pick up the tab and the bankers contribute to the reelection campaigns of everyone involved.

      If we had ANY honesty in govt. we wouldn’t be in this position…. if we had term limits, we wouldn’t be nearly as bad off.

      Lobbiest need to be outlawed…. there was a time when there weren’t any lobbiests and at that time, this was a very different country than it is now.

      • http://theeconomiccollapseblog.com Azgram

        I believe our founding fathers saw a congressman’s job as a two year commitment to SERVE the country. I agree wholeheartedly that we need term limits and an end to lobbyists. We the people will never really have adequate representation until these changes are made.

      • Gary2

        you can not separate the rich from buying influence.

    • Prepping for the Future

      For all you dumb braindead liberal progressive anti American the jobs left this country because your hero Billy Bob Clinton passed and signed NAFTA and GATT into law. Your Hero union support it. You have no one to blame but yourselves.

      • Gay Veteran

        like the conservatives opposed NAFTA and GATT

    • cheryl

      Hey….I have news for all of you libs, thinking that all of us righties are wealthy and rich……I earn a good income, but because of the fact I do not have children, and IM not married, I pay maxiumum percentage on income. Stop blaming other people for what is wrong with your situation, take control, and fix it in your life….we all have been down and out, but we all didnt blame those around us for our problems……Gary, time to man up

      • MisterC

        Those who vote for ‘poverty pimps’ can’t ‘man up’.

  • stevefraser

    Poverty, thy name is “globalization”….(With tens of millions of Illegals thrown in for good measure.)

  • stevefraser

    “As our economy gets even worse, there is going to be a tremendous need for more love, compassion and generosity all over the country. Don’t be afraid to lend a helping hand, because someday you may need one yourself.”…Maybe the churches can get involved, reclaiming their historically-based signficant involvement in helping the poor.

  • http://www.torahabesorah.com Shaul Weitzman

    If anyone at all were really serious about getting these problems fixed, they would ask MY Father who is worth in excess of $100 trillion trillion dollars to help.

    The problem is that No One is serious and everyone thinks they can do it themselves.

    You say poverty level is Below $11,000 per year for a single person. Okay, I know how to live on less then $4,000 a year and would not think myself Poor.

    So, who is fooling who into believing what?

    When you all figure out ( or never figure out ) how the program really works, it will probably be too late for those of you that are ignorant of the Ways of the Creator of the Universe and All Created Space.

    The Bad News is that the answer somehow is hidden in plain sight.

    The Good News is that the answer is truly in Plain Sight and can be found.

    Do anyone really dare to ask the question that needs to be asked and then listen to the answer and then have the light bulbs off.

    Yes or No??

    Let me know your answer – I will be waiting, but do not take too long because I am going to be taking a vacation for about a Gazillion Years at the Hottest Location around, and if I do not see you there, it will not be because you were not invited.

    Rabbi_Shaul

  • Jimmy

    Whats amazing is that what we consider “poor” these days in the US. “Poor” people in the US still have (on average) plenty of food to eat, roof over their heads, a car, TV, computer, cell phone, etc…..

    If someone in “poor” Africa had this much stuff, they would be considerd RICH and/or a KING!

    • Gary2

      you need to look at relative vs absolute poverty. What is considered rich in Africa means nothing to the poor here.

      It is hard to believe people still say such stupid ********** like you said.

  • Evie

    Most of the debt is what we paid to bail out the banking system and the elite around metro dc recieved the tarp.
    When wages sink low people sign up for ss. They paid a lot of money into the program. If we do not get ss it will go to noncitizens who paid zip.
    Ss is not the problem but the solution for many hard working americans.
    As you can see from the article low wages are not a solution but a problem.
    Many more businesses will bite the bullet due to high commodity costs and government taxation not from labor costs.

  • clickron

    I’m glad my kids are grown, a 26 year old daughter who is an RN and 24 year old son who hosts thousands of websites. Me at 54 on the other hand, is working 4 times as hard to make half the money (sales).

    I see lots of people really having a tough time, especially seniors who are too proud to make it public and would rather just not eat or turn on the a/c here in Florida.

    We are just at the beginning of a very serious economic drop off, my wife and I just bought a pistol and a tactical shotgun for protection, but if Clearwater, Florida becomes unglued, I don’t think it will do much good.

    We’re stuck here, this is where we work. We’ve saved $30k, but that won’t last long. This whole thing stinks.

  • clickron

    p.s. We bought a $238,000 home in 2007, put $100,000 down and it is appraised at $97k now, so we can’t even sell without paying $40k at settlement.

  • Rodster

    How appropriate LOL. Socialism is for LOSERS ! :)

    “Cash-Strapped French Socialists Face Reality of Austerity”

    http://www.cnbc.com/id/48314019

  • James

    If a country departs from me, I will depart from them. : God Now what do you expect if you allow abortions, don’t give God the recognition He deserves, allows the Rich to run roughshod over the poor and middle class, and cheats the worker out of his/her wages, wages war globally in the name of Democracy while at the same time destroys the countries economy, encourages homosexuality, kills vast numbers of innocent people with impunity, kids run rampant with little or no discipline, destroys the environment of the only place we can survive and call home. I could go on but you get my grift.

  • Cinderella Man

    I dont know I think im starting to hate rich people. Save me the whole they spend money the economy does better shit Ive heard enough. I hate to admit this i mean HATE it but Gary2 is right about ONE thing. Why do the wealthy get to hide their money offshore pay no taxes yet they want us working shmoes and middle class to foot the bill for them. WTF is wrong with this picture? Yes I get envious. I want to be able to afford to do whatever I want to do! Im tired of being limited by what I can spend paycheck to paycheck! This sucks. I cant wait till the rich phucks lose every dime when the markets crash in the fall! Oh happy joyus day!!

    • John W.

      Sorry to burst your dream of revenge but the truly wealthy have most of their wealth in tangibles. You think Buffet gets a big salary? It’s all per diem and other tax exempt allowances. You cannot even get at the welth of the real elites. For one thing they make or get the laws made. Not fair but that is the way things are. Besides how does someone else being wealthy take one thing from you? Maybe you are just envious which is a self destructive emotion.

    • SMASH THE CONTROL MACHINE

      GOD IS GOING TO DO IT !!Rejoice over her, thou heaven, and ye holy apostles and prophets; for God hath avenged you on her.

  • Rube Goldberg

    How about that hopey changey! The improvamentation is fundamental eh Comrade?

  • Utopia is Banished

    Gary the old marxist crap is so stale and boring. Get some new material.

    • mike Beale

      You can’t teach an old dog new tricks. He’s a one trick pony.

      • Gary2

        And I preform that trick very well!

  • joseph

    we can always find a way to put fault to these problems solutuions are difinetly needed,but the blame for this whole fiasco,well,for that my friends you only need look in a mirror…

  • Mary

    I am 58 years old.
    I have NEVER made over $10,000 in my entire life.
    I was once told by a store manage I could not have a certain job within that store because I was a woman. It was a managers job in the outdoor garden department. Back then they promoted you on how well you worked, experience etc.
    First I was discriminated because I was was a woman. Now I am discriminated be cause I don’t have a diploma.
    A piece of paper don’t prove how smart you are just how much debt you created to get that piece of paper.
    I have told my kids being poor is no shame, but if your poor you have to be smart to survive.

  • Colin

    The debt crisis is spreading to companies and colleges and universities.

    One-third of colleges/universities are in financial trouble:

    http://atlanta.cbslocal.com/2012/07/24/study-one-third-of-colleges-universities-in-real-financial-trouble/

    47 companies, with 25 of them in this country, are defaulting on their debts this year-to-date:

    http://www.usatoday.com/money/perfi/credit/story/2012-07-23/rising-corporate-defaults/56444422/1

    • http://windgenerators-forhomeuse.info/ Tom

      The only thing that surprises me about this, is that the colleges did not have financial problems sooner than this…

      I guess it took longer for most grads to default on their student loans than was predicted.

  • http://EconomicCollapse Already Gone

    ??????

  • LordRhynn

    You know it’s interesting. When I re-read that entire article where you got the $505/wk. average for American workers and I go down to the comment section, I see post after post of people attempting to spin the figures, defend Reganomics, make excuses for the wage dichotomy in America – essentially a bunch of people who must have been front row at Teldar Paper copying Gordon’s speech syllable by syllable.

    You want to know what’s wrong with America? Why nothing gets done and other countries in the world increasingly are dropping all attempts to continue separating the American public from the acts of its government and Fed? That’s the reason right there. These people are walking down the street to interviews for McJobs paying them $8.50/hr., which is just enough money for a belt clip with which they can secure their $120K degrees, texting excuses to message boards for this system and those who have raped it.

    And the reason they’re walking instead of taking the bus is because the bus they would normally ride on is being used by some special interest group to block off enough streets to make sure that its former passengers don’t get close enough to leave their “stink” on the very people they are making excuses for.

    Queue the award shows in Hollywood where the entire police force is earning double pay to stand around the Kodak Theater with hands in their pockets, while down the street buses that used to carry passengers at rush hour get used as barricades to keep out the peasants, who then spend an hour to traverse 5 minutes of roadway. and across the street from the theater, thousands more peasants stand behind still more barricades screaming and pledging their love to their Gods across the street with full knowledge that if they should move even 5 feet towards them they stand to be tasered by the very police their taxes pay for.

    Small example, but representative of a much larger problem. This country is finished.

    • VyseLegendaire

      Hey that’s an epic comment. This country is just following a long trajectory toward its collapse and I’m not sure a few symptoms are enough to explain it, but those are certainly some clear examples.

      I’d say the summary of the situation is our lack of self awareness. Much like I imagine the Roman peasants eagerly salivated at both the barbaric deathmatches in the coliseum and the prostitutes waiting to sate them at the exit, our slobbering public buys the myths of progress wholesale and so is complicit in their own downfall, having given in to and submitted to depravity.

    • db1

      With that said, to believe that this is nothing else but the intentional collapse of the real free market is ignorance, next is top down authoritarian oppressive government

  • Blingo

    Thanks for the understated bad news. Statistics from the Government? I wish we could eat them.

    I’ve realized that the Government, Congress nor wealthy americans really care at all about the issues of poverty in this country.

    Here’s when congress will take action – when the wealthy and congress begin to be robbed by the poor. As I read about third world nations and how the poor in those countries survive, I see what the future holds for America.

    • John W.

      What really pisses me off is there is no comment from the media as to the unemployment, homeless, lack of jobs, the continuing foreclosure mess and the outright fraud that was committed with the bailouts and QE farces. Were there a Republican in the White House the howling from the media would be non stop. Funny how there are no comments as to the two wars as soon as Obama was elected. Nocoverage of the dead and wounded anymore either. Amazing.

  • mondobeyondo

    $11,100 a year (for a single individual household) qualifies as being in poverty. That is less than $1,000 a month. Depending on what part of town you live in (hopefully not a rat and roach infested apartment), your rent can be anywhere between $450 and $800 a month.

    This does not leave much for food, clothing, transportation, entertainment or electronic gizmos like cell phones, video games and computers. Food goes at the top of the list. It’s nice to have a full stomach every once in a while.

    It’s not the American Dream. It’s the American Horror Movie, and you will not be able to get to sleep after watching, umm, living it.

    (btw – the difference between being rich and being wealthy:
    LeBron James is rich. The person who signs LeBron James’ checks is wealthy.)

  • TeenyJohnson

    The country needs money right? So, legalize weed and gay marriage. Tax the weed and EVERY TIME a gay couple gets married they spend $50…or whatever the charge is now for your marriage license. PLUS, they’ll spend LOADS on their FABULOUS wedding. At least…that would be some progress towards solving some issues.

    • sunshine

      I agree 100%…. also your comment about “Plus they’ll spend LOADS on their FABULOUS wedding” made me giggle. :)

  • Cathy

    I think the real problem is America has become lazy. People need to get off unemployment and begin working. There to busy worrying about how much they will be making Get the job and work your way up that’s how it should be.

    • Christine

      Cathy –

      Really? And just exactly what job should they go get? There are an average of over 100 applicants for every open position. So, the 99+ that don’t get the job are just lazy?

      http://online.wsj.com/article/SB10001424052970204642604577215372010543642.html

    • Mary H.

      Sounds good, but where are these jobs suppose to come from. Wake up there are very few jobs these days. To write this comment you must be one of the lucky ones that still has a job and have not had to look for one in a long time.

    • non of your business

      you are the biggest idiot i have ever heard of. You are so blind, go jump in a lake and **************.

    • Brenda B

      @Cathy – Until you have walked in the shoes of the unemployed, don’t judge them. If you want to be taken seriously, learn correct English. As for the “lazy” people you refer to, they had jobs and worked hard and then came the outsourcing of jobs to foreign workers who are willing to work for considerably less pay. When you get your facts straight and use correct English, perhaps someone will agree with you.

    • Rob

      Cathy, are you hiring?

      I can WRITE, using CORRECT spelling, grammar and punctuation.

  • cheryl

    Who you should be angry with is the govt……Diane Sawyer, of ABC news, had a story on the other nite, where there are infrastructure renewal jobs across the country, a 7.2 billion dollar project was givn to a chinese company, with chines workers..If Obama is re-elected, just expect things not to get any better any time soon

    • Diva Dahling

      @Cathy: the House of Representatives control the purse strings. Those contracts were given out by a Republican-majority House–no surprise there. Please get your facts straight.

      • Highlander

        Wrong Diva, they are handed out by buaracrats in offices with no responsibility to the tax payer and no one will ever tell them they did something wrong or illegal. So please, get your facts straight.

        Cruachan!

  • http://booksbyoliver.com MountainHome

    #40…The unemployment rate in the U.S. has been above 8 percent for 40 months in a row…

    “People who are hungry and out of a job are the stuff of which dictatorships are made.” President Franklin D. Roosevelt

    • Deacon

      Interesting that you quote Franklin D. Roosevelt…he’s the one who started all this dependency on the federal government in the first place.

  • Sophie

    Not buying it. No one is really poor in this country. Go to Haiti and then rewrite your article.

    • Dariana

      I’m really hoping that is sarcasm, otherwise you have clearly never left your socioeconomic bubble.

      I have watched children and their parents starve to anorexic levels because they could either buy food or pay the rent. Seen kids fail school classes they were smart enough to have passed because they couldn’t afford the paper and pencils to do their homework with.

      If you think there are no poor in this country, then you obviously have enough money to go around. Maybe you should go to some of the poorer sections of your town/city and see for yourself. Hopefully, even donate something to help those people.

      You may deny it all you want, but there are sections of this country (small areas mind) that are just as bad off as some of the third world countries. Parts of West Virginia have NO clean water due to coal mining processes.

      • http://www.ianwelling.com Ian

        Dariana…have you ever been to a third world country? I just returned from India and the poverty there is unbelievable and beyond anything any American could ever dream of. We are in no way even slightly comparable to third world nations.

        When i returned from India, every building felt like a palace and everyone looked well fed and wealthy beyond most third world inhabitatant wildet dreams.

      • blueridgeviews

        You’ve WATCHED children and their parents starve and did NOTHING?

  • Jon

    Everyone needs to see these two films
    End of the road
    Thrive

  • anarchitek

    The problem began with the “junk-bond” kings of the ’80s. They destroyed hundreds of thousands of jobs, by shredding the companies they targeted, whose ONLY crime was to NOT make Wall Street any money! The companies paid their taxes, their employees, funded their pension accounts, but they didn’t make much profit, so Wall Street didn’t care about them, and whole-heartedly joined in their demise. The looters emptied cash accounts, sold off real estate and equipment, looted the pension funds and fired, or otherwise terminated employees, so they wouldn’t be able to collect on a pension, so they could meet horrendous balloon payments on their “junk bonds”, so-called because there were none of the traditional guarantees. Everyone lost, except Wall Street, the vultures and a few people, like Mitt Romney, walking away with a million-dollar payday, after the blood-letting. It was disgusting, it was anti-American, and it opened the door to a world of evils, eventually resulting in the Stock Market crash of 2008, when the wholesale defrauding of stock investors came to light. It might not have happened had we had a real leader, of the sort we used to elect. Can you imagine JFK putting up with it? Or FDR? OR Harry Truman? Teddy Roosevelt made his reputation for “trust-busting” and ever since then, the forces of greed have been trying to put their monopolies back together again.

    The other side of the problem is human. It used to be, when someone made a little money, they bought a business. The set aside some part of it for themselves, President, or whatever, but they worked at it. They came in each day, and worked at making the business a success. These days, if someone gets a little money, they ship it off to a “money manager” with instructions to return AT LEAST 20%, or more, and if that individual doesn’t, then they jerk their money out, take it to some other guy to do what they want: make BIG BUCKS. IF they BUY a business, it’s a McDonalds, or something like it, where they can hire a “manager” to run ragged, a crew of kids and old folks they pay minimum wage to, so they can take $10K a month out of it,and two years later, sell it for TWICE what they paid for it. They DO NOT want the trouble of a highly paid workforce, a skilled workforce, they want kids and other easily manipulated and abused workers, that they can pay as little as possible, while dangling tiny “perfomance” bonuses over their heads, to get the max. If they don’t get what they want, there is ALWAYS a line outside, around the block with people who will kill themselves TRYING to do what the owner wants, hoping they can get a dependable gig.

    It’s a terrible world these days, filled with a few who’ve got money, want a HUGE profit on anything they “invest” in, and always ready to jerk the money OUT at the first sign of things going south. No one wants to lose, even for a short time. They ONLY want to PROFIT. It’s an UNTENABLE position, and sooner or later, the WHOLE THING is going to CRASH, because it is UNTENABLE! When it does crash, the wealthy will be the HARDEST hit, like in France, in 1787, when the wealthy raced their bitchin’ carriages past starving hordes in the streets of Paris. When faced with Madame Guillotine, they wanted desperately to make deals, to offer ANY parole, but the people were past being willing, or interested in anything the wealthy had to say. This time, it will STARVE a HUGE number of people, because NO ONE grows their own food. The wealthy least of all. They MAY “own” agribusinesses, but those depend of workers, and a tenuous distribution system. FOOD, not GOLD, will be the currency, for a while, and wealth WILL be “re-distributed”, no matter how much they dislike it, because you CANNOT eat money, or gold, or toys, or cars, or houses, or ANY of the stuff the wealthy are amassing! You can’t even eat OIL! You WILL trade whatever you’ve got for food, and water. So, all you idiots who think you can “survive” the collapse, YOU HAVE NO IDEA what awaits you! It won’t be pretty.

    • Rob

      “The problem began” all the way back in ancient times … remember the story about ‘Jesus throwing the money-changers out of the temple’ ???

      It’s called “usury” (our money is RENTED from the Federal Reserve banking cartel – at interest – that’s the source of the national debt).

      Never mind – go back to sleep.

  • http://facebook Joseph

    Shouldn’t poverty truly be defined as the “the inability for a person to take care of his physiological needs:- home, nutritious food, clean water, clothing, health, education, free will, & security” instead of some numbers ? and if so, then what % of people will be under poverty line ??? I reckon it will be staggering, and this is what we should aim at for all the people in the world, coupled with equal opportunity for all to progress. Resources and Technology to meet this is in abundance, but attitude and willingness is near zero.

    • Mary H.

      Well said. I agree with you 1000%

  • Dave K R

    Blame . . . I guess it IS our fault really.

    We let the store clerks (congress / and the senate) make it legal to take bribes from corporations who not only deliberately eliminated competition, but exported jobs, and anhiliated the middle class.

    Now we have only the super wealthy, their government managers and the poor.

    Well, let me know when you’re tired of being a galley slave.

    We can keep putting up with this *******, or we can do something about it. (I do something every day) A letter, a phone call, recuiting others to the call of involvement. get invloved and do SOMETHING. And make that energy count. Direct it, put thought into it. Make it work.

    If you are reading this and you’re not politically active, you need to ask yourself why. If you have children and you actually like them a little, you may want to do something about it.

    If you don’t give a damn, then just keep on trucking the way you are, you probably haven’t noticed that your rights are dwindling anyway.

    Just take the government issued BS pill, and your block of government cheese packed with flouride, corn syrup and soy oil, and watch reality TV until your brain shrivels into a prune and falls out your ear.

    Then pay 6 bucks a gallon for gasoline that we import from a counrty that shoots women with AK-47s and sell gas to their own people for 17 cents a gallon, and drive to your most likely government or low paying job, and have some politically or wealth connect moron fire you three months before you can collect a pension, so you can lose your house to a bank that your grandchildren’s tax money bailed out.

    This is the same banking structure that charges your government a fee and an interest rate for the pleasure and priviledge of printing our own currency so much, that the value plummets to 30% of the value it was only five years ago, causing rampant inflation, so that everything you buy can cost more while your paycheck stays the same or shrinks.

    Don’t worry, you can always short sale of your home, so you can burden the rest of us with your follow-on bankruptcy. Then you can get the government to pay for the seven expensive medications that are much worse for you that the depression you have because you didn’t have the balls to stand up for your rights in the first place.

    Nice job, way to do absolutely NOTHING about the state of your own life and the furture of your children and the idea of freedom. Way to drop the torch of freedom into a puddle and extinguish a light that the death of millions won just 7 decades ago.

    Awesome.

    So glad you can piss and moan about your shitty lives here, but you don’t have the balls to do anything about it.

    Find a tall cliff and jump off it, or take charge of the lives you have left and make a difference, or at least take your pills and die.

    But for ****************, stop acting like this is difficult to understand or even hard to fix. You want change. Make it happen. Don’t wait for the next guy or girl. You ARE the next guy or girl.

    Do something or love the *************** your life is and your country have become. Those are the two choices that you have that are respectable.

    The time for comparing woes is OVER. Take action soon, or stock up on pop corn and watch everything your life is be stolen by thieves.

    Democrat and Republican are just two words that mean Thief, and Liar. Very, very few of our elected officials are NOT on the take.

    Prvate money HAS TO GO from our elections. Entirely. The rest of our probelms can be fixed, when we oust the criminals, and make the crime illegal again.
    Dave

    • Casey

      BEST post so far!!

      Spells and lays it all out. Hoping it will wake up folks to a present day REALITY! If one wants to really know the skinny of what is coming down the pike, and the vast crime syndicate of the world. STOP reading American newspapers, and watching mainline American television all owned by the ultra rich. The Internet is the only place left (for now)to discover the Truth behind making this a one world government. A New Roman Empire revisited. The parallel between the downfall of ancient Rome and what happening to America is astounding!

      Casey

  • Granny Tenderstone

    While the privileged and greedy create ALL poverty in this nation, they turn around and blame the poor they created for being poor. I predicted it under Reagan, his policies created of generation of greedy scum, and will continue to manifest its damage for decades to come. THE RESULTS OF HIS POLICIES HAVE ONLY JUST BEGUN to manifest. You can’t fix in 3.5 years what took decades to break. That is the OBVIOUS thing that R addicts (r for republican and reagan) fail to take into account.

    • Louise in MO

      Well, Granny, just what Reagan policies are you talking about that has now started to destroy the country,hmm?

  • http://itsafluffy.blogspot.com DL.

    Love and compassion for poor folks IS EXACTLY what needs to be done. The government only started the dole when churches would no longer support “widows and orphans”. Thing is those who blame the poor for their lot are the same folks who refuse to blame the criminal psychopath bankster oligarchs for ripping them off (they’d rather blame the poor…much easier to do). (Do I sound like Gary2? Too damned bad! Smug middle class “conservatives” need to stop blaming the poor for their middle class finacial problems, and blame the psychos who manipulated LIBOR, naked short sold derivatives and robbed their retirement accounts–not the poor!

  • Gary2

    taxing the rich hard is not stealing from them. They have been stealing from the workers for decades—its called productivity theft. Google it.

  • MrSparex

    Companies are taxed and regulated to the point they’re forced out of the country to make a profit yet the gov’t continues raising costs & adding regulations! The fed continues to dilute our money and “cost concern” has been almost totally removed from health care thanks to gov’t plans which skyrockets prices. True free markets and following the constitution would solve many of our problems. It seems most people are gladly willing to trade their freedom & liberty for false security. MSNBC spins everything to push socialism on people and suckers fall for it. Our gov’t is too big and it’s crushing us.

  • Silver Beacon

    This is all by design. Thank your politicians for this. And it will get worse before it gets better.

    If it gets better.

  • http://goldsilver.com scott

    America’s entire problem can be summed up in two words, the FEDERAL RESERVE a private banking cabal. Crooks to the bone!!!!!!!!!!!!!

    • blueridgeviews

      The Federal Reserve is certainly a big part of the problem.

  • http://www.shadowstats.com Al Martin

    CORRECTION! TRUE UNEMPLOYMENT IS ABOVE 22% counting U6, U2 and U3 accounting.

    John Williams does accounting the old fashioned way, with a calculator not with poll tracking, bribes and political adgendas. The unemployment rate is very close to 25%. We’ve been in a depression for a long time. I help as many people as I can by first telling them to stop paying for TV because it’s useless and a gigantic propaganda machine. I tell them to start diversifying by getting several part time jobs or start a small service business like cleaning or lawn maintenance and the like. That’s how I help out.

    • dejayajay

      Best comment so far. You’ve summed it up simply and truthfully.

  • whWouldHaveThought

    The one thing that stands out to me, is number 3. Why, if you are poor and cannot feed yourself, would you bring children into this world? Condoms and birth control are free for the poor. Even 20 $ a month is better than trying to feed/cloth a kid. Where is personal responisibility?

    Many of us make excuses for what happens in our lives, but unless we attempt to break the cycle of generations on assistance, I see the problem only getting worse. We live in a consumerist society that tells us we need things like ipads….no we don’t! Id rather pay bills and stash some money away then buy a stupid box that let’s me browse facebook. And I think many wouldn’t take the same choice.

    Is it easier to take then to work? Yes. Do people who really need help deserve it? Yes. Only when you give your children the importance of personal responsibility and what it is to work hard, change the attitude of our country, will we get anywhere. This govt is a waste and is pegging us against each other, instead of against them. They are spending our money frivolously while lining their own pockets.

  • A.S.

    The U.S. is already a dictatorship:

    “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”
    ― Alexis de Tocqueville

    “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.”
    ― Alexis de Tocqueville

    “America is great because she is good. If America ceases to be good, America will cease to be great.”
    ― Alexis de Tocqueville

    • dejayajay

      A democracy could exist permanently, IF it was structured like the Swill model, where Citizens’Initiated Referenda (direct democracy) is incorporated comprehensively, and at all levels of government.
      With this in place, citizens can see that the outcome of voting actually directs policies, so they have learned to take a strong interest in policy matters.
      Also, and equally as important, is the fact that politicians become servants of the people, not masters of the people. IE no more ‘elected dictatorship’.
      As a result, Switzerland is just about the only country remaining unscathed by the current world financial turmoil. Not to mention the fact that during WW2 it was the only country that remained free of conflict.

      • dejayajay

        Sorry – ‘Swiss’ model, not ‘Swill’

  • thewhiterabbit

    There will always be starving people in the world because the rich don’t believe these people have value to them… If the will was there all people would be living happy fulfilling lives.

    • blueridgeviews

      What does anyone’s lot in life have to do with a rich person? Are you saying you can’t do anything because there is a rich person over there who owns x,y and z?
      That defeatist attitude is what is wrong with America today. Whether you believe you can or can’t YOU are right.

  • Ryan

    As a South African boy growing up in the 70’s I used to watch Dallas, Rich man poor man, Family ties, The Cosby show amongst others and we used to admire the American lifestyle. Everyone seemed to be living their American dream. It is sad to see that 100 million Americans today live in worst conditions than I do who lives in a developing country. I own my own 3 bedroom house with granny flat. My car 6 year old car is paid for. My kids are at a decent school and we go on holiday twice a year. I’m just an ordinary middle class South African. It is therefore sad to see this once mighty nation falling apart. It makes you ask where things went wrong? Something is surely wrong with the system when the top 5% can earn more than the bottom 95% combined. It is time for a revolution in the US.

  • GoneWithTheWind

    Cripes: http://www.youtube.com/watch?v=NzspsovNvII

    Don’t allow yourself to be fooled. Indeed there are some people who “only” get food stamps or “only” get WIC, or “only” get section 8 housing, or “only” get MEDICAID, or “only” get SS disability, or “only” get welfare cash payments, or “only” get free cell phones, free transportation, free childcare, free utilities in their section 8 housing, etc. But there are a LOT of people who get it all. They get so much for free they would have to earn $40,000 a year to have the same income. Ask yourself why 95% of our “poor” have color TV’s and 85% have more then one. Why 78% of our poor have a car and 50% have more then one. Why 60% of our poor have air conditioning. Why NONE of our poor are required to work to get these benefits and in fact the benefits are so good that you would be plain crazy to work and risk losing those free (tax payer paid) benefits. If you truely believe our “poor” do not get these things then you are naive and need to get the facts.

    • Gay Veteran

      yeah, those lucky duckies. must be great! to be poor

    • Alex Illi

      Surely they should have Black’n’White TVs!
      Maybe those are still to be found as collectors’ rarities.

      OK, but I get your point, poor is relative,
      I don’t really know the situation in the USA, being from Germany, living in rural Ghana –
      me, I don’t have air-condition (fan is better, anyway), no washing-machine, no running water, about half-day light-off every day…

      However, I think that those things the “poor” are still in possession of might be fading remnants from economically better times, perhaps not to be replaced anytime soon.
      I heard that the US-Americans like to shop like crazy (made possible by cheap ‘chinese’ goods and exploited ressources and low-wage labourers in developing countries) and if e.g. there was a birthday party, the child would get more gifts per anniversary than a german child during all of childhood and adolescence – so maybe the US-houses are just stuffed full with old things.

      Well, it’s time the industrialized, developed countries came off their “self-made” high horse and see where their wealth has come from (- on average still about 80 people are doing slave-like work to provide one German or American with cheap ressources and markets for processed goods manufactured thereoff -) because the arrogance many still use when speaking about “lazy” or “stupid” people in “developing” countries is nearly unbearable.

      • GoneWithTheWind

        I often see this sentiment expressed “Well, it’s time the industrialized, developed countries came off their “self-made” high horse and see where their wealth has come from (- on average still about 80 people are doing slave-like work to provide one German or American with cheap ressources and markets for processed goods manufactured thereoff -)” I can only assume your education did not include economics. So what is your solution to this horrible problem of Americans or Germans buying “cheap” products made overseas??? So if we didn’t buy them would these people doing “slave-like work” be better off? Should we prevent competition (kind of anti-democratic don’thca think) and legislate that everything be made by government approved factories where workers are paid union wages and have a full plate of benefits and 7 weeks vacation? But then wouldn’t there be more “poor”? Everyone not lucky enough to get one of the mandated union jobs with extravagant benefits would be paying 2 and 3 times as much for necessities and luxury goods. Would the quality of the goods be better? Maybe, maybe not but with higher wages they would certainly cost more and fewer people could afford them. How does this make everything better?

        By the way, I lived in Germany for four years sometime ago and loved the country and it’s people. Hope to get back there one day soon and spend some time visiting old haunts and sights.

  • Jon Q. Public Menace

    Just wait till our creditors cut us off and there’s no more money for foodstamps, scetion 8 housing and other gov’t handouts…you ain’t seen nothin’ yet.

    …Greece times 10 and everyone is armed!

  • dusterdog

    Who has been running this nation in the time this has come about? Republicans & Democrats.WHY? Why are you wanting them to retain power.They won’t stop this.

  • Jack Dupp

    If you really want to know the fate of America/Babylon, get that dusty bible down off your shelf (that book most Americans think is a fairytale because most ‘churches’ were infiltraited by satan a long time ago and done much evil in the name of Jesus) and read Revelation chapters 17 and 18… This place has a target on it and there are ten nations that are going to make sure this ‘whore’ doesn’t ever spread her legs for anyone again. Which ten? Any guesses as to which they are?

  • VL

    The welfare/food stamp numbers are skewed. I know alot more people getting food stamps that don’t need it, but claim to be a “single parent”, than people that actually do need it. It’s easy to get welfare all you have to do is not marry your partner and pop out a bunch of babies you can’t afford, claim single parent status and voila! Welfare check in hand. The other easy way to get welfare is cross the border illegally, 75% of those on WIC (women infants children) are illegal. Which pisses me off considering we have our own citizens that actually do NEED it, but can’t get it because we have to pay for citizens of other countries who are now sucking it dry. And for those that are on welfare there are certain things you shouldn’t be allow to have like multiple flat screen tv’s, brand new cars, iphones, designer purses, because if you can AFFORD those things then you don’t need welfare and you are technically NOT poor.

    • http://msn.com thisnamewilldo

      There are people out there that abuse the system. That’s my gripe. There’s a 30 year old man divorced paying child support (which he complains about) who lives near us in an large apartment complex that his Mother owns. He is the apartment “manager”, lives rent free, is on disability and food stamps. His disability doesn’t prevent him from picking up jobs that pay $2,000.00 (under the table) or driving a huge brand new truck. And we always wondered how the rich got that rich in the first place. Those are kind of people I don’t want using any kind of tax payer money. It also makes me wonder why I go to work for what seems to be less and less every week…

  • http://theeconomiccollapseblog.com Dxster

    Most poor people are poor for multiple reasons, including bad luck, medical problems, legal problems, being stuck in temporary bad situations, unattainable expectations from the mass media, living from day to day, stupidity, mental illness, laziness, dishonesty, selfishness, wanting something for nothing, character flaws, sociopath and psychopath personalities, poor ethical training, addiction, substance abuse, negative peer pressure, love of violence, and being born into families and cultures with the above problems. The government is unable to think in the long term, and makes matters worse with wasteful spending, foreign wars, the police state, illegal immigration, the permanent welfare way of life, housing subsidies, graft and corruption, out-of-control bureaucracies, over-regulation of small business employers, government restrictions on land use, not taxing all financial transactions, allowing corporations to permanently ship technology and jobs overseas for short term profits, and giving money to harmful corporations, special interest groups, and influential allied countries. There is absolutely nothing any responsible person can do to correct any of these problems. Each person should work out his own individual solutions, like living in a safe area and practicing tax avoidance. Act locally.

  • BFH

    Jobs, jobs, jobs is the answer. But, who in hell is going to open the factories back when they can go or stay overseas and make the product for pennies on the dollar. You can blame this and that and this and that. Without jobs it ALL has to come down and it is just about ready to topple soon enough..

  • Max

    Must take exception to #21. It is a VERY rare child who eats their “public assisted” breakfast and lunch at school. They keep the soft drink for breakfast, and fries for lunch.
    All the rest of that food? Right in the garbage!!! I’ve been there and with disgust witnessed those kids dump their free (well, free to THEM!) food.

    Yes, times are tight, but only on those who through being taxed, supply all that free food. I also really enjoy the free “coats for kids”, “coats for the poor”, etc. programs. They drive-up in an SUV that is sparkling new, go through all the coats, take more than they need, and then sell the rest!!
    AND they come back day after day to check out the new inventory and then sell that too!
    Yes, seen that first hand too. Disgusting. What do those nice SUV’s run on? It’s too dangerous having a “disadvantaged” person driving on bald summer tires, so they get a voucher for free (FREE TO THEM!!) tires! If you think I’m a bitter rich person then guess again. In four days my employer will “right-size” me. That’s right. No income, no food stamps, no free tires. I’m sick of looking at the welfare Cadillac!

  • John

    My parents came to this country as immigrants with all the disadvantages that title offers. They only had one advantage. That advantage was not having an American mindset. See most Americans can’t even imagine raising a family of 4 on less then $20,000. My father raised us on no more then 16,000 (that’s the highest he ever made, usually it was less). We never went hungry and we always had a place to live. All this without any government handouts!

    Most Americans don’t know how to spend money which is one of the many reasons most poor people stay poor. I will concede that there are some that are victims of their circumstance or bad luck. However, most Americans stay poor by their own hand.

    My parent’s poor financial standing, my different background, coming to this country at 11 (meaning every American kid had an 11 year head start on me) and not speaking a lick of English should have meant that I was destined to be poor.

    However, I worked hard and had a long term plan. I didn’t get involved with gangs or drugs. I also didn’t spend my money on stupid and wasteful purchases that 90% of America thinks of as essentials.

    Currently, I’m 28 with only a high school diploma and this year I made 130K. 3 years ago I only made 53K and still was able to support the lifestyle that I have now. Just my mortgage alone is 2400 a month. So 3 years ago that was 54% of my income. And guess what? That year when I made 53K I paid my mortgage on time, I still saved 10K, was driving a new sports car, took my vacations, went on date night with my wife every week etc.

    It’s possible with good money management. I did all the things above but made sacrifices in areas where I didn’t deem important. It’s all about how much effort you put into bettering you situation. I had no help, hookups, handout or exceptional luck and I was able to make it. So I don’t have too much sympathy for most poor people.

    I can justify my stance on “no sympathy” because I grew up poor and saw first hand why most people in America are poor. Here are some questions that came to me about the people around me when I was living poor.

    -If your poor and have no money why are you spending your money on smokes and booze??
    -If your poor and have no money why do you have cable?
    -If your poor and have no money why is your AC on when your not home? Or better yet why run up the bill when you can use a fan?
    -If your poor and have no money why are you buying holiday gifts?
    -If your poor and have no money why are you buying brand name food instead of the alternatives?
    -If your poor and have no money why are you eating out? (And I count even cheap eating like McDonalds as eating out)
    -If your poor and have no money why do you go out to the movies, mall, bars etc.
    -If your poor and have no money why do you have brand name cloth and shoes?
    -If your poor and have no money why are you buying useless accessories for your car?
    -If your poor and have no money why are you throwing birthday parties for your kids?
    -If your poor and have no money why do you have more then 1 TV?
    -If your poor and have no money why do you have a video game console?

    The list goes on and on. Cutting most of that waste would lead to saving of anywhere from $300-$500 a month. That would equal a savings of 13.84%-23% of your income if we go by median income of 26K! In the long run this lifestyle will get you out of poverty and you can indulge in the things I listed above. And yes I sacrificed EVERYTHING I listed above for most of my time in the USA because I knew that would let me get way ahead in the long run. What I have observed is that most Americans including the poor have the “keeping up with the joneses” mindset.

    Even when they can barely scrape by they have to have that $80 pair of Nikes for their three year old who has no clue what the hell Nike is. They feel “hey if the rich can have this and that, I want at least want a little of that.” What they fail to understand is that most self made rich people got where they are at by making sacrifices. So again I have zero sympathy for most poor people. I can confidently say that AT LEAST 50% of the current poor could easily get out of their situation if they put in any actual effort.

  • Reg

    Slavery is alive and well in this country, it just has another name….taxes, regulations, mandates, restrictions, fines….the list goes on and on as to how governments can rip off the citizens. Try running any type of business these days in this country (especially in California or the NE) and experience the tidal wave of BS that one has to adhere to and then wonder why our jobs are in China, Mexico and India. Between government burdensome regulations/mandates/restrictions and labor unions demanding more and more, it does not take a rocket scientist to figure out why we are in the mess we are in in this country. There is NOT WAY our standard of living can be restored without a manufacturing economy. Service jobs may put some food on the table but in no way will ever pay a mortgage.

  • http://none jumblebrain

    well…. most of the stats are generalized but it is no understatement to say that a devaluation will have a dent in the obese poor as well as the jaundiced ones

  • Paratrooper

    Sounds like more Conservitive BullS__T Blaming Obama for an Increase in Poverty in the Nation, Its Republican Industrialists who have moved there Manufacturing overseas selling out the American people so you can get larger profits and dividend checks. Maybe you should also get the hell out of America and stop sucking our blood,

    • We The People

      Amen brother

  • LT

    The simple fact that is hidden by govt statistics and mainstream zombies is that the USA along with the western world is on a precipice. All the signs are there including the impoverishment of formerly dominant nations. Dispute it or not, we are on the brink of the largest economic slowdown in modern history. Everyone has someone different to blame and I wont voice my opinion here as its a moot point. Just as in the 20’s we have had years of financial and social largesse and its time for the pendulum to swing inexorably back. An economic depression is just getting started and if you cannot see that then what more can I say?

  • http://www.infowars.com Anon

    Yes, and there’ll be many more than 100 million, in the future, and these financial scandals, and the ‘Fed’ won’t be going away anytime soon, UNLESS YOU GET UP OFF YOUR FAT, LAZY A**ES, and DO SOMETHING!

    HR 459 passed by an overwhelming majority in the House, by a vote of 327-98!
    Now, this bill (S.202) needs a vote in the Senate!

    CONTACT YOUR SENATORS HERE:

    AUDIT THE ‘FED’!
    http://www.auditthefed.com/?mode=actionpage

    End the Fed! Whether Congress Wants Us To or Not!
    http://www.lewrockwell.com/boldin/boldin22.1.html
    http://tenthamendmentcenter.com/2012/07/25/end-the-fed-whether-congress-wants-us-to-or-not/

  • http://www.cober.nl/trouwringen/ Trouwringen

    At this moment I am going away to do my breakfast, later
    than having my breakfast coming again to read further news.

  • MountainSaint

    It’s Reagan who started this national sucide with his exporting of tens of millions Middle Class factory jobs and the importing of 38,000,000 illegal aliens who are now stealing nearly 100% of all new low-end jobs. The high-end jobs are going to HlB visa holders…With Obama and Romney, there are no solutions and the economy will collapse.

  • blueskyhuman

    Since, at the moment at least, there does not seem to be any consensus of support for the sort of mass action it would take to “End the Fed” it does not seem likely that we will wake up tomorrow or any day soon to find that we have changed rulers in any meaningful way.Regime change is probably not possible at this time.
    Given that, what else is there to do on a Friday Night? Check out Chalkupy and The Overpass Light Brigade for some beautiful protests, but even protest is not enough. We need to start finding ways of investing collectively and individually in creating the infrastructure of a sustainable society. That means businesses, lots and lots of them, providing goods and services, paying employees…all that good stuff. Sounds pretty scary…We need to build the businesses that won’t be outsourced to replace the ones that already were and create new products and services to build a bridge to a liveable future.

  • http://malaysiandemocracy.wordpress.com/ AgreeToDisagree

    Nonsense. USA could simply distribute all unused land , and tell the people to grow their own crops and build their own houses, raise their own livestock, make their own leather or fur goods, compost their own sewage, collect their own rainwater or dig their own wells. End of problem, everyone gets a few acres. BTW there is no such thing as money. There is no such thing as economy or collapse. Too bad for the plutocracy or corporatocracy though! Even if education was free now, citizens will return to 1400s settler-era America! Citizens please elect ONLY a President or Governor with the above intent. Executive Order 0 (Zero) for land distribution will be that reset button America needs.

    BTW there is no such thing as poor people, concept of money or a Global Financial System or a recession.

  • http://www.facebook.com/debbie.niemeyer Debbie Niemeyer

    THANK YOU. But it’s not a republican or democrat issue. The main fault seems to be emanating from the poverty line calculation. It’s a miscalcuation of the poverty line for individuals and families. People in government more than big business are purposely keeping more of us poor inorder to control our lives and our destiny. I wish who ever wrote this article would ask Bill Maher or some network to invite him/her on thier show and talk about this if he / she agrees with this post. PLEASE HELP US ALL. Poor or not…we are heading towards a mediocrity and more socialism. Poverty is mediocrity. Poverty is- more government control on all of us. Help us! Dramatic, yes, but we NEED some help over this very IGNORED issue.

  • We The People

    Glade ya’ll woke up! Been like this every since Bill Clinton left office! Our government has sold us out!

  • We The People

    IT’S WORST NOW THAN THE GREAT DEPRESSION! I DON’T THINK OUR COUNTRY WILL EVER RECOVER FROM THIS! UNTIL WE GET ANOTHER NEW GOVERNMENT IN AND GET THE CROOKS OUT! GET BACK TO THE STATS THAT MADE THIS COUNTRY GREAT!

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