The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

The Prepper's Blueprint

Don't Buy Survival Food Until You Read This - If you stockpile the wrong foods, you could be setting your family up to starve. It sounds harsh, but the truth is too many people with good intentions are making critical mistakes with their food stockpiles. Watch this video now >>
The End of Obama? Approaching Obama scandal could change the White House Administration and our country overnight... Click Here
Gold Buying Guide: Golden Eagle Coins

Archives

The Mystery Of The Shemitah

Broke! 10 Facts About The Financial Condition Of American Families That Will Blow Your Mind

The crumbling U.S. economy is putting an extraordinary amount of financial stress on American families.  For many Americans, "flat broke" has become a permanent condition.  Today, over half of all American families live paycheck to paycheck.  Unemployment is rampant and those that do actually have jobs are finding that their wages are rising much more slowly than prices are.  The financial condition of average American families continues to decline and this is showing up in all of the recent surveys.  For example, according to a new Gallup poll, "lack of money/low wages" is the number one financial concern for American families.  To make ends meet, many American families are going into even more debt and more American families than ever are turning to government assistance.  Right now, more Americans than at any other point since World War II are flat broke and have lost hope.  Until this changes, the frustration level in this country is going to continue to grow.

The following are 10 facts about the financial condition of American families that will blow your mind.....

#1 Only 58 percent of Americans have a job right now.

#2 Only 56 percent of Americans are currently covered by employer-provided health insurance.

#3 The median yearly wage in the United States is $26,261.

#4 The average American household is carrying $75,600 in debt.

#5 Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.

#6 At this point, American families are approximately 7.7 trillion dollars poorer than they were back in early 2007.

#7 The poorest 50% of all Americans now own just 2.5% of all the wealth in the United States.

#8 According to one study, approximately 21 percent of all children in the United States were living below the poverty line in 2010.

#9 Today, there are more than 44 million Americans on food stamps, and nearly half of them are children.

#10 According to Newsweek, close to 20 percent of all American men between the ages of 25 and 54 do not have a job at the moment.

So what is causing all of this?

Where in the world did all of the good jobs go?

Well, the truth is that millions of them have been shipped overseas.

Our politicians promised us that merging our economy with the economies of other nations where it is legal to pay slave labor wages to workers would not create more unemployment inside America.

They were dead wrong.

Now we are being told that we just need to accept a lower standard of living.

For example, billionaire Howard Marks says that it is time for all of us to just accept that the standard of living of American workers is inevitably going to decline to the level of the rest of the world....

"In addition to balancing the budget and growing the economy, I think we have to accept that the coming decades are likely to see U.S. standards of living decline relative to the rest of the world. Unless our goods offer a better cost/benefit bargain, there’s no reason why American workers should continue to enjoy the same lifestyle advantage over workers in other countries. I just don’t expect to hear many politicians own up to this reality on the stump."

Are you willing to accept that?

Well, most Americans appear to be willing to accept this "new reality" because they keep sending most of the exact same bozos back to Washington D.C.

Meanwhile, the job losses continue to get worse.  As I wrote about the other day, as the U.S. economy has started to slow down again we are starting to see another huge wave of layoffs all over America.

It doesn't take a genius to figure out where all of our jobs are going.  But unfortunately, most Americans don't understand what is happening because neither the mainstream media nor our politicians are telling them the truth.

For much more on how millions of our good jobs are being shipped out of the country, please see another article I recently published entitled "How Globalism Has Destroyed Our Jobs, Businesses And National Wealth In 10 Easy Steps".

But it is not just the globalization of the economy that is destroying our jobs.

The federal government bureaucracy has become so oppressive that it is amazing that anyone is still willing to hire workers in this day and age.

Hiring workers has become so complicated and so expensive that many small business owners want to avoid it at all cost.

For example, a small business owner identified as "007" recently left the following comment on one of my recent articles....

Speaking as a small employer, I would rather have a root canal than another employee. Let’s see. You first have to hire someone you trust without some labor lawyer suing you for some type of discrimination. Then you have OSHA to make sure your work place is safe. Then you have workmans compensation insurance, unemployment taxes, health insurance, liability insurance, now Obamacare. Oh be careful not to be deemed to have a “hostile work environment”. Then you have to negotiate the labor laws. The Department of Labor is constantly cranking out regulation.

Then you get the pleasure of paying payroll taxes both state and federal along with the required filing of a multitude of payroll forms. Miss filing or paying these taxes and you will be crushed with interest and penalties.

Of course, you are competing with businesses that can hire at a fraction of the cost of American Labor and with very little regulations. In this economy, no one in their right mind is hiring into this unstable and declining economy.

If business turns down all you have to worry about is laying off workers. Of course your unemployment insurance tax will go up 200% for years. Then you only have to then worry about a wrongful termination law suit.

The entire system is stacked against American workers.

If you are a blue collar worker, you should give up hope that things are going to get better.  The system has failed you.

You can stop waiting for the "good jobs" to come back.

They aren't coming back.

That is one reason why I try to encourage everyone to become more independent of the system.

As our economic system continues to degenerate, Americans are going to become increasingly desperate.

Sadly, desperate people do desperate things.  Already we are starting to see signs that the fabric of American society is starting to be ripped to shreds.

So what is going to happen if the economy gets even worse?

There is a limit to how many people we can actually put in prison.  The reality is that the number of Americans in prison has nearly tripled since 1987.

Our prisons are already dangerously overcrowded.  As society falls apart, many communities will simply not be able to shove more people behind bars.

Even with our prisons stuffed to the gills, many of our largest cities continue to be transformed into absolute hellholes.

Detroit is now the 3rd most dangerous city on the entire planet and New Orleans is now the 9th most dangerous city on the entire planet.

So what are our leaders doing about all of this?

Well, they appear to be too busy fighting with each other and cheating on their wives to do much about our problems.

According to Politico, U.S. Representative David Wu is the latest member of Congress to be accused of a sex scandal....

Rep. David Wu has been accused of an “unwanted sexual encounter” with the teenage daughter of a longtime friend, the latest scandal to engulf the troubled Oregon Democrat.

This country is a complete and total mess.  Tens of millions of American families are flat broke and are about to slip into poverty.  Meanwhile, our politicians continue to prove that they are some of the most corrupt on the planet.

There are many out there that still believe that America has a bright future ahead.

It is getting really hard to see why anyone could possibly believe that.

 

Be Sociable, Share!
  • mondobeyondo

    We American citizens need to tell Washington what the real “State of the Union” is like. It certainly isn’t what the President says in his perky little speech at the end of January.

    The real State of the Union is dismal.
    Sure, vote the mice out, and elect rats in their place. The economy is not getting better. Don’t believe it? Get out of your Playstation induced coma, and ask people on a street corner in New York City. Knoxville, Tennessee. Sioux City, Iowa. Denver, Colorado. Phoenix, Arizona. Seattle, Washington. The sentiment is the same. People are mad as hell, and they aren’t going to take it any more.

    We are constantly told that the U.S. is the greatest country on earth. There was no denying that whatsoever in the past. That was true in 1945, and in 1966. The U.S. and its allies had just defeated a brutal dictatorship. Soldiers came home, started families, and had kids – lots of kids (i.e. the Baby Boom). We had a great, vibrant space program, and technological advances undreamed of only decades earlier. In the current teenage vernacular, the USA rocked and totally kicked butt!!

    Nowadays, in 2011? Weeeelll… ya know? The U.S. makes great picture frames and socks. Well, not even socks. Those are made in China, Mexico and Indonesia. Ugh!!

    There may be another country out there that doesn’t face the prospect of a deficit default, a military gone mad, a populace literally gone mad (don’t you DARE take away our Happy Meals, or you’ll spark another American revolution!), and politicians who were mad before mad was cool. If there’s a change coming, it won’t be from the U.S. in the present term. Maybe it’ll be from Thailand, for all I know.

    Yeah, it’s no longer peaches and cream here, but you know what? It’s a hell of a lot better here than it is in Sudan, or Cameroon, or Mongolia. Being a refugee and walking for 30 miles a day for food and water, is not for me. Sorry. (Haven’t they heard of bicycles? **)

    I love this country, and I’m gonna stick around awhile and fight for whatever freedoms we still have left. I’ve changed my mind about leaving the land of the free and the home of the brave (at least until someone or something gives me reason to change my mind again).

    For as the great Martin Luther King Jr. said (the closest person to a prophet the U.S. has ever had), “If a man has nothing in which to die for, he isn’t fit to live”.

    ** – Yes, they know about bicycles. They can’t afford bicycles. Hell, they can’t afford FOOD.

    • http://www.youtube.com/watch?v=wUl6aFgL41U&feature=player_embedded Ben Dover (America)

      ‘MondoBeyondo’ – that’s an interesting name. Kinda like ‘Hondo’. We are, right now, in the EU/US Central Banker ‘End-Game’ – Americans need to begin preparing for a total collapse of the USD (US Dollar), a total economic collapse, such as in Argentina, in 2001-2002. THIS IS PRECISELY the goal, of the EU/US Central Bankers for the US, and the global economy, as all fiat currencies around the globe, are pegged to the USD, which in turn, is pegged to oil – which means oil prices will SKYROCKET, too, along with gold and silver prices, when the EU/US Central Bankers are able to finally orchestrate the lethal blow, and crash the US Dollar…

  • george

    So many religious comments here. Guess who will have the hardest time with all these religious people. That’s right you guessed it, The coming lord, which ever one it might be. Check this, here you are sitting on Sunday in your church. The back doors open and up the isle come the spitting image of your God. He reaches the front turns around, arms held out and says “children I have returned”. Just say in that moment all are on board, right. Then someone calls out and asks, “where’s the holes in your hands”? Now you have half the congregation no longer on board. Then someone is sitting there with there blind child and asks God to heal him, make him see. God says, “there are differant types of seeing and I teach inner sight my child”. If the pasture has not called the police by now and taken the lord away because after all they have there agenda so they can get to there collections ($). Another member has a bottle of water and splashes some on the floor and request for the lord “surly if you can walk on the ocean you should be able to hover over this puddle of water”. My point to all you believers, you wouldn’t know the lord if it hit you in the face. You will test him with all your stupid shit beliefs. Guess what, he is here and has been here for many years and I have been listening to him and I am not talking about his spirit. If you need dental work no spirit of a dentist will fix your teeth you need the living. Further more why should I divulge this info just so you can put it through your ignorant test. Only the intelligent open hearted will know him. As for the world, Be in his or be in the world of confusion.

  • 007

    Here is a prime example of our laws and regulations killing jobs. The just wore down this businessman until he finally decided not to open his mine and hire 125 people. But it is great the regulators have their hands in every aspect of our lives and work. How did we live before without them.

    http://www.theblaze.com/stories/right-out-of-atlas-shrugged-hear-an-exasperated-alabama-businessman-tell-the-feds-im-just-quitting/

  • http://www.youtube.com/watch?v=wUl6aFgL41U&feature=player_embedded Ben Dover (America)

    My fellow Americans, look into the mirror. While it is true, that EU/US Central Bankers have, via fraud, brought our country under their control, it was our fault, for allowing it to happen. Fortunately, there is plenty we can actually DO about it, to take our country back.

    Keiser Report: Mass Psychosis (E167)
    http://www.youtube.com/watch?v=wUl6aFgL41U&feature=player_embedded

    What can Americans do to fight the EU/US Central Banker ‘New World Order’?

    1. Turn off or throw away your T.V.
    2. Think for yourself.
    3. Question all so-called ‘Authority’
    4. Get out, and/or stay out, of debt!
    5. Use cash, trade or barter as much as possible, rather than debit cards and credit cards
    6. Get rid of grocery store ‘discount’ cards –grocery stores provide this information to insurance companies.
    7. Bank at a Credit Union, or any alternative to the ‘TBTF’ Banks, that participated in the 2008 Banker Bailout.
    8. Invest as much as you reasonably can in precious metals – especially silver.
    9. You have the right to own a firearm, to protect yourself,and your family. Read the 2nd Amendment.
    10. Buy products “Made in America”
    11. Start your own garden
    13. Meditate or pray – reduce your stress!
    14. Get exercise!
    15. Read a book (here is an excellent book recommendation: Psychological Warfare and the New World Order:The Secret War Against the American People
    http://www.amazon.com/Psychological-Warfare-New-World-Order/dp/0932367232/ref=sr_1_1?ie=UTF8&qid=1310394551&sr=8-1 )
    16. Listen to soothing classical, jazz, ambient, or other alternative music
    17. Watch ‘Freedom to Fascism’–a film by Aaron Russo (can be found here: http://www.youtube.com/watch?v=lUpZhhbKUBo)
    18. Watch ‘Why We Fight’–a film by Eugene Jarecki (can be found here: http://www.youtube.com/watch?v…r_embedded)
    19. Watch ‘Endgame’–a film by Alex Jones (can be found here: http://www.youtube.com/watch?v=x-CrNlilZho)
    20. Below is advice from John Perkins’ book, entitled THE SECRET HISTORY OF THE AMERICAN EMPIRE (The Truth About Economic Hit Men,Jackals,And How To Change The World), pp. 322-329.

    “AVOID SHOPPING AS ‘RETAIL THERAPY’ (Instead, jog, meditate, read, or find some other solution).
    SHOP CONSCIOUSLY – if there is something you must have, purchase items whose packaging, ingredients, and methods of production are sustainable and support life.
    MAKE EVERYTHING YOU OWN LAST AS LONG AS POSSIBLE
    PURCHASE AT CONSIGNMENT AND THRIFT STORES –where everything is recycled.
    Write letters telling Monsanto, De Beers, ExxonMobil, Adidas, Ford, GE, Coca-Cola, WALMART, and other labor exploiters and environment destroyers
    why you REFUSE TO PURCHASE FROM THEM.
    CUT BACK ON OIL AND GAS CONSUMPTION!
    DOWNSIZE (your car, home, wardrobe) – everything in your life (and don’t buy what you don’t need)
    SUPPORT/SEND MONEY only to non-profits, radio stations, and other organizations that promote JUST causes.
    VOLUNTEER your time and energy to such organizations.
    SUPPORT LOCAL MERCHANTS
    ENCOURAGE stores to buy from local growers, producers, and suppliers.
    Shop at your LOCAL FARMERS’ MARKET
    AVOID DRINKING WATER THAT IS FLUORIDATED (only your toothpaste should have non-industrial fluoride)
    INSIST that those who use your money – banks, pensions, mutual funds, companies – make socially and environmentally responsible investments.”
    21. Invest in precious metals (especially silver).
    22. Research every company whose products or services you buy
    23. Research every organization to which you donate your hard-earned money
    24. Vote with your dollars!
    25. Watch ‘The Secret of Oz’– a film by William T. Still (can be found here:http://www.youtube.com/watch?v=swkq2E8mswI)
    26. Get prepared for when the U.S. dollar TOTALLY COLLAPSES – You’ll need 1) Water, 2) Food, 3) Vital Medicine 4) First Aid Kit, etc.
    27. Global, non-violent, NON-COMPLIANCE is the answer, of We the Plebs, to the ‘elite’ New World Order!
    28. Find alternatives to EVERYTHING that they’ve set up, to entrap you in THEIR system.
    29. What would happen if 200 MILLION AMERICANS refused to pay their taxes, in 2012? (Just a hypothetical question)
    30. Familiarize yourself with the concept of BOYCOTT
    31. Corporate Membership in the CFR (Council on Foreign Relations):
    http://www.cfr.org/about/corporate/roster.html
    32. Don’t ever join a ‘secret’ society
    33. Watch ‘Global Warming or Global Governance’ (http://www.youtube.com/watch?v=_u81qXOYfKg )
    34. Educate yourself. Thomas Jefferson: “If a nation expects to be ignorant & free, in a state of civilisation, it expects what never was & never will be.”

    Expand the above list,and share it with everyone you know!

    • primrose

      AMEN! #34 says it all.

  • http://survivalrealestate.com T.J. Jackson

    We are faced with the ultimate quandry. We have no way to avoid competing on the world market in the labor pool and we cannot stop our competition from using slave or near to slave wage workers. I hear a lot of talk of tariffs and unrealistic protectionism but all of that justs kicks the can down the road for a while. In the words of that old german philosopher, Heinrich Hellman…”You can ignore reality but it will not lessen reality’s bite.”

  • http://placeofrefuge2012.com Sheila

    I believe that we will look back at this time and call it the salad years.

    www,placeofrefuge2012.com

  • Steve

    How’s bringing in thirty million Mexicans, all expenses paid, working for you jobless taxpayers? Insanity.

    • Fed Up

      Yes! ABSOLUTE INSANITY!

    • moses737

      Steve I see these 30 million illegals everywhere. They are doing highway road construction; they are laying plumbing pipes in our streets in our neigborhood; they are doing building construction; they are doing renovation construction work and contracting work; they are doing roofing; and all kinds of things. But remember; according to former President George Bush; Americans don’t want or need those type of high paying union or non-union jobs.

  • Lennie Pike

    There was a time not too long ago that if the U.S. would have completely stopped exporting, that not many people would have noticed a decrease in their standard of living. What was made here was consumed here and there weren’t that many imported goods.

    That could return, but only after Americans return to having the character, educations, and work ethic they used to have – which is pretty much impossible. Watch the movie Wall – e. The computer is the a-holes behind the Federal Reserve.

  • SA

    Collapse of the USA is a direct result of the money your government wastes on illegitimate wars/killings in Iraq and Afghaniatan and in all muslim lands.The collapse of USA is divine justice and punishment from God for all your wrongs.God is answering the prayers of Usama Bin laden who warned you that the USA will slowly bleed to death. Hows that happening ? not militarily but economically. That’s how God works his plan.

  • http://YAHOO.COM a.p.

    Ben Dover,

    You are so right. We cannot fix America through
    the current political/mainstream media monster that is trying to devour us. We can only do #24–vote with our dollars. Buy American, reduce, re-use, and recycle. Every single dollar we spend must not go for their benefit.
    Make a conscious choice every day to keep your
    hard-earned greenback out of their slimy hands.

  • Sherran Lucas

    The Rich are holding offices, and electing false people who will only help them. They can not do this by ethical means. They lie, cheat and buy people to go along with them.

    Stand up to Democracy, Take our Country back. They lost and they will still lose. It does not matter how much money they have. The Republicans/ Tea Potties people will never have enough.

    Let’s make them leave this time.

  • Steven

    This is a world of sin and deterioration, It always has been, expect things get worse, and worse, and worse, until the second coming.

    • moses737

      Exactly Steve. And its a horrible shame that about 70% plus of the people of the Earth won’t repent until it is too late. Until they are screaming their heads off in great agonies; because of the hell fires that will be scorching their doomed souls.

  • Jihad Rousan

    You guys I understand all the stress you’re experiencing but you have to understand.. this country (USA) is literally the hugest phenomenon that has ever taken place on earth! Have you ever seen in history a country that has come into world power so fast? Become this powerful? Controlled this many people on earth? The bigger they are the harder they fall. And no offense to the people, but the truth is, they were only able to do this, because the people they control were blind..

    And many people here are speaking the facts, calling for reform etc etc.. but the truth is you’re all missing one key component (GOD)

    I see every day people going through a hard time this and that complaining about it trying to fix it.. but one thing that’s not changing is what? Finding God.. stopping sins. People that don’t know who God is don’t know what sins are, so they make up their own right and wrong and abandon god.

    I’m sorry but a godless society will always crumble. You may not want to believe in God but the truth is He is there and He has promised a punishment in THIS life and the next for those that don’t believe in him. Just the reality of the situation you’re all in now alone should make some of you wonder about that.

    Anyway no offense at all! Sorry and I do hope people open their eyes! But for me, I’m going to my father’s home country in a few months because it’s just too ridiculous here. Even if it’s ridiculous in other places in the world.. it’s ridiculously improving there.. not here :-/

  • Lennie Pike

    Jihad:

    Many speak of God as you did. For example the Masons speak of God a lot, Lloyd Blank(Check)Fiend said he is doing God’s work, many diametrically opposed organized religions speak of God.

    But only one spoke the truth about God, and you can find it by reading John chapter 1 beginning at verse 1.

  • http://www.studentloansescape.com EG & Student Loan Settlement

    They’re talking about how life styles of Americans had been rapidly decreasing. Unemployment had been rise and number of quality jobs also dropped and many found themselves living pay check to pay check. But, have any of you wondered how other countries dealing with the crises? We’re super lucky for having programs like unemployment, medicare etc… 95% of those living outside the US borders don’t really have this privilege! Yes, we’re heading towards depression, but U.S still a Superpower that makes life of its citizens a lot easier than it really is.

  • Lizzy

    Wow…this is a sad yet truthful article. I’m only 11 and I understand that this is BAD. See, the difference between the current Congress and current Americans is that most (yes, I said most) have commen sense, it’s just that Congress has some trouble using it.

  • http://www.spiritjewelry.info RevSuzanne

    Where did all the jobs go? Clinton signed NAFTA and Bush signed GATT. We’re still hemoragging some 40,000 jobs a month. As counties and towns receive less tax revenue, they will first start by trying to raise taxes, then they will lay off workers and then cut services.
    My own inner guidance says, we preppers are going to get through it okay, but that it will take perhaps 5 years to emerge on the other side of this collapse… and we will see a collapse.
    The difference between the US’s collapse and any other is that our currency has exported inflation and is causing pain all over the world.

  • http://www.blog.studentloansescape.com EG & Student Loan Settlement

    Hey Rev, all the jobs been, being and will continue to get transported to China, unfortunately!

  • clyde

    The United States of America’s Government is good!
    If there’s no US Government, the United States would not exist!
    If you don’t like the United States, then just leave, and go to another country.

  • http://mishutina.wordpress.com Mihail

    You guys don’t panic.
    I saw Charlize Theron in movie as divorced woman with two kids, which goes in own truck in searching for a job. She was unemployed too.
    Better watch this, guys.
    Federal recovering pays in Russia today:
    for childrens until 16 y.o. – 4.55-10.51$ per month,
    for unemployed – 29.80-59.60$ per month,
    minimum wage – 161.67$ per month,
    minimum wage for living – 226.95$ per month,
    Big Mac – 2.73$.
    Don’t panic, guys!

  • Kathleen

    How can we become more independent of the system?

    • Everett

      Learn how to grow vegetables and plant a garden. Learn a trade that can be bartered. Eat healthy so you do not get sick to begin with. Become a vegetarian so you do not require food from unsustainable sources Do not accept credit rather pay cash. Learn first aid and basic medicine. Buy personal firearms or if you do not qualify for gun ownership then purchase a bow and arrows and learn how to use them. I could keep going but that should keep you busy.

    • Tax Revolt

      Forcibly make our leaders remove us from these wars that only benefit the rich who are screwing us anyway. Also, just refuse to pay taxes. They lie to us and use us and then demand we play by rules that only benefit them.

    • Paul

      I think Kathleens question is good, I alsowondered about this. It was very helpful to hear the suggestions of Everett, and would welcome more.

    • LadyM

      @Kathleen: To answer your question, ” Buy chickens, etc… Buy seeds and plant a garden, as Everett suggests.

      However, another great way is to let an employer know that your perfectly willing to work as a “sub-contractor” (get a business license if your state requires one)

      As an employer, start paying your people under the table.

      You see this comment above, “Speaking as a small employer, I would rather have a root canal than another employee. Let’s see. You first have to hire someone you trust without some labor lawyer suing you for some type of discrimination. Then you have OSHA…” suggests that being an employer has no “good” aspects, but if this was the case why would anyone EVER start a business.

      I run businesses for a living for over 20 years, and this statement fails to realize that the reason why almost all employers “WILL NOT PAY UNDER THE TABLE” is because they get tax breaks at the end of the year on their taxable business incomes vs employee pay, etc… Even the business owners paycheck gets this tax break. This reason is why most employers give themselves a “paycheck”, and rely less on “corporate disbursements”. You see, a business owner can take every dime of profit out of their business and put it in their “personal accounts”, but then have to pay more taxes. Therefore, a business owner gets personal tax breaks if they write themselves a paycheck, and they get company tax breaks on taxes paid through employee income paid out, including their own.

      Thus the advantage, of working within the tax system, instead of paying all your employees “under the table.” It was an incentive built into the tax code to get more and more employers on board working “within” the tax system, instead of staying out of it. Research some of how this become the “status quo” in America.

  • Winston Smith

    True, without a road map? we have been taught for generations to get a job, not be self employed…

  • American Worker

    In late 2008 I lost a job at a large automobile manufacturer in Ohio,the plant closed. I found another job in early 2009 making the same base income with lesser medical benefits and working more hours. I am a licensed tradesman, and supplement my income by doing side contract work, and my wife still has her job. I have a 4 year degree, but there is a demand for hands on trades people. My hands on experience has become worth more than a 4 year degree. I advise young people to learn a trade first instead of wasting money on a college degree. There is still demand for licensed HVAC techs, electricians, plumbers and etc. As things worsen the openings for these positions will become less, but you can’t outsource these trades to China. DON’T LET GOVERMENTS KEEP YOU DOWN!

    • AnotherOhioLayoff

      ABSOLUTELY! My science degree and 13 years specialization are now essentially worthless as I can’t sell my home to relocate. So I’m making half my pre-layoff salary. Those who can *fix* things (or people) will always be able to find work, or barter!

    • matt

      you can delocalize almost anyting. My father does laith work as a machinist in a diesel garage, well he used to, now he just takes the motors out of the trucks, ships the motors to kansas city from chicago, and the machining and repair work are done by non union, low wage and benefit workers,in Los Angeles i imagine the motors are shipped to mexico. the powers that be will delocalize anything, then change the law to let contracting companies from foreign countries operate in the usa for the minimum wage of their country, like they are doing with truck drivers already, mexican trucks to mexican safety standards, mexican drivers, making mexican wages for driving across the usa, it is already happening.

  • john p

    Disgusting but as long as the politicians get there retirement for life serving four years is what is important….to them.

  • Stolengoat

    29 years old, 1 month old lil girl, selling the crap outta ADT security systems to scared folks just like me. Saving my measley greenbacks for an AR and a basement full of green bean. How the bleep did we get here??? How is it possible that a small town kid like me, with just a high school education can see the writing on the wall but so many around me just swallow the piles of crap the fat cats on the hill and in the media dish out. I got news for all of us. This ain’t the country my grandpa fought and toiled his life away to pass on. We are sick and the colon cleansing is about to begin. I asked my mama what she wanted for christmas, she said “Good will on earth and peace for all men” I handed her a Bushmaster AR-15 told her “It was a do it your self project.” Good luck folks, I’ll be holding out in Southern IN. Eating good, right next to a thriving Amish community. One hand on my rifle the other on my fishing pole. Country Boys Can Survive

  • http://twitter.com/innovatorsradio steve

    What you can do is apply to become a recruiter for Innovators Academy

    and save the 70% where are making a BIG mistake by going to college

  • http://www.blog.studentloansescape.com Eugene Goldberg

    The most important basic fact that most Americans don’t understand about 4-year colleges is that most Americans spend 6 years attending them before graduating. With U.S. tuition inflation for private colleges averaging 5.15% over the past half a decade, assuming this same rate of tuition inflation continues, a college with tuition of $30,000 today will have tuition of $38,563 in the sixth year a student attends it. In ‘College Conspiracy’, NIA analyzes the total cost to attend college by factoring in not just rapidly rising tuition expenses, but also the interest payments on student loans, and the lost income that college students would have earned if they worked at an average entry-level job that doesn’t require a college degree. bankrupt student loans

    • matt

      i spent 6 years but got a master’s degree, i have zero debt, why? i was lucky as hell to have been born to a mechanic born in 1950 who still had a good standard of living, bought his home in 1974, and had money to pay for his kids school, the next generation of our family will not have this financial status because the middle class has been destroyed.
      college degrees are great to get just to learn about things and state universities should be free up to and past phd level as they are in scotland.

  • http://globaleconomicwarning.blogspot.com Global Economics

    CAN YOU BELIEVE THE ULTRA-RICH ARE PROFITING FROM THESE TIMES OF ECONOMIC CHAOS!
    (click on my profile name to go to my blog to see full video)

    watch the 7 lifecycles of a country to see why we are going bankrupt and what we all need to do right now… see how the top richest people are protecting themselves and their families and how you can do the same

    I’m posting my blog video here because I need to reach out to the real people who are effected by the Global Economic Crisis. Please pass this video on.

    • http://gotowork mark

      buy my book and i will show you how to do it.
      the only one getting money is you.
      we all know that currency is a promise note
      and gold and silver was traded in stage 2 after
      the bartering system which is the oldest form of trade.

  • http://expatdailynewslatinamerica.com Jamie

    In regards to the ending of your post: There are many out there that still believe that America has a bright future ahead.
    That bright future they see ahead is the headlights of the Chinese/Indian colossus coming directly at them. Good bye corporate states of America, Hello China Inc!

  • Anna44

    My husband finally found a minumum wage job at a retail place, at the expense of my 18 yr. old son. They both applied- the husband was hired. We are thankful he found something after 8 months, but one can’t help but wonder why a previously successful,educated,hard working,well traveled man with a top security clearance is reduced to doing a job a high schooler would do, and riding a bus home. Well- at least we still have our home-for now. This was not how we pictured our late 40′s & early 50s.

    • Michael

      Thanks for the update on your story Anna. I can’t even imagine what you all are going through.

      Let us all say a prayer for Anna and all of the other readers that are really struggling in this economy right now.

      Michael

  • http://blog.studentloansescape.com bankruptcy student loan

    Guys, the July 26 CRS report, Student Loans in Bankruptcy, says in its summary: “If enacted, S. 511 would make both public and private loans dischargeable in bankruptcy when seven years have passed from the beginning of the repayment period. Another bill, S. 1561, would eliminate privately financed student loans from those that are non-dischargeable in bankruptcy.

  • motherof3

    I have already lived through a personal finacial oblivion…We are just starting to recover…I can’t do this again!

  • Colt

    My Business Degree is worthless. I cannot even get an interview, let alone a job. I am stuck working for $8 an hour in a job that I don’t need a degree for. Plus, I now owe $30,000 in loans. What a waste. I wish I never went to college.

  • charlesnews

    The creation of a new government agency that will be dedicated to job creation, will only create more government jobs.

    What a joke! The government can’t create jobs. Our only hope is to support small businesses, which create the majority of new jobs.

    And you need to take control of your finances by getting financial education. The market is rigged against you. Your IRA and 401K are in danger of becoming worthless.

    Learn how to leverage the financial crisis to create wealth and protect your family.

  • http://globaleconomics13.blogspot.com charlesnews

    The creation of a new government agency that will be dedicated to job creation, will only create more government jobs.

    What a joke! The government can’t create jobs. Our only hope is to support small businesses, which create the majority of new jobs.

    And you need to take control of your finances by getting financial education. The market is rigged against you. Your IRA and 401K are in danger of becoming worthless.

    Learn how to leverage the financial crisis to create wealth and protect your family..

  • Chu M.

    The creation of a new government agency that will be dedicated to job creation, will only create more government jobs.

  • Anon

    We need to rise up and stand together. You are not alone.Join us.
    http://october2011.org/frontpage

    Its beyond time to get angry. Please join us and if you cant make it Oct.6th please come when ever you can. We are not going anywhere.

  • http://n/a mike h

    Retiring, I am horrified at what I see going on in this country. What a crock we were sold about how going to college would work for everyone. I teach in a trade school and the young men learning how to do electrical work (I’m an electrician myself) are much better positioned to survive than almost any of the college students I know. TPTB can’t ship THOSE jobs overseas.
    I don’t agree with all of your views but I think this article is spot on and thank you for it.

  • http://sophisticateddivahandbags.wordpress.com Polly

    Becoming debt free should be a top priority–pay off your unsecured debt, then work on your secured debt. This is something I’ve known, and shared for the last decade. Too many people live way beyond their means, and can’t afford to pay for necessities because of it. You don’t have to do it all at once, and the fact is–those people I shared it with 10 years ago–are still smothered by debt, when they could have been debt free by now….had they believed. I’m 2 years from paying off over 40k in debt. It’s easy to live when you have no outstanding debt!
    And then, there’s always self employment.

  • Dream

    In 2008, when the campaign was hot on the trails, my business began to decline. I’ve had to liquidate everything just to survive. It’s a viscous cycle. If I close my business, I won’t have income, yet I’ve used my reserves to stay self employed. How can anybody prosper with a system like this? And we can’t keep being in denial that we’ve barked at the wrong guy. If only people would understand that we need leadership that knows how to run a business not only scream in a loud voice with empty promises.

  • http://www.youtube.com/watch?v=xJ0VFj-RWLQ Scott Burtness

    I would love to see campaign finance reformed, so that the so-called ‘limits’ actually limit the 1%, instead of the 99%. I have a petition up asking for campaign finance reform, you can view, sign and share here – http://wh.gov/bEL. Wouldn’t it be nice to have government of the people, by the people, for the people again?

  • Al

    Think about this! The lowest marginal tax rate since WWI was from 1925 to 1931 at 25%. This was also a period of little regulation in the financial sector and wild speculation. It was followed by the Great Depression. In 1987, for the first time since 1931 the marginal tax rate fell below 50%. and we had a stock market crash because it became over valued. From 1987 to the present the rate has fluctuated between 28% and 39% and every time it was reduced we had a recessionary reaction and when it was raised we had economic improvement. The second lowest marginal tax rate since WWI was from 2003 to the present and with it we had deregulation in the financial sector. We also have the Great Recession. One must wonder, when the wealthy have too much marginal cash, do their actions in the market become counter productive because they tend to speculate wildly?

  • http://www.youyouyou.com Brad

    Here you go

  • Frost

    No wonder my dad got laid off! I had no idea that almost half of us were jobless! I am so using this as a source for mt report!

  • saptarshi

    Dear Friends,
    I know majority of Americans are taught to hate Marx and most of them are made to believe that communists and socialists are zombies. But the truth is the impoverishment that capitalism forces on the working class for generating surplus value and profit was first theorized by Marx. Marx said that the only way out is a social revolution where the producing classes– the workers– will take over the system which oppresses them for the interest of the capitalists and destroy the reign of profit. It is a time when all Americans should at least read Marx’s Communist Manifesto and Capital. No philosopher has ever pointed out the main reason of the crisis inherent in the exploitation of capital as Marx. reforms and social benefits can just deter the crisis for a while cannot change its eventuality.

    The root of the crisis in Capitalism as Marx pointed out was in profit which can be earned only through paying the worker less. But the problem in capitalism remains in the fact that capitalists continue to compete with each other and continue to increase their profit. To do it they can only do one thing that is pay less to the workers. But the problem starts there for all production is social production that is every thing produced by the entire working class has to be consumed by the working class itself which is the 99% of society. But when the working class in its entirety is paid less for what it has produced it fails to buy all the products that it has produced and that is at sell in the capitalist market economy. And that is where the fall of demand and recession starts. Capitalism tackles this by laying offs and paying even lesser wages which is done to continue the profit margins but in effect intensifies the crisis even more as people are so impoverished that they cannot buy any more. That is when capital goes to war so that with cry of nationalism the working class is forced to work at lower wages and capital has new markets to conquer. But todays crisis is such nations and markets do not exist any more. every one is reeling from the pestilence of capitalism. the only way is the Marx’s final solution– workers of the world unite for they have nothing to loose but their chains.

  • Philip Raulston

    So Now, how do yáll fee about Change you can believe
    in? Don’t blame us realistic freaks we did not vote for
    HIM!

Emergency Essentials/BePrepared
Agora Financial
Thrive Life
FEMA Hates This

Austin Coins
Family Survival Plan - Check This Out!
High Blood Pressure?
The End Of America?
MHAdNew_125x125 copy(1)
FINCA BAYANO
Survive After Collapse
cheaper to burn dollars than paper

Silver.com

Camping Survival
Facebook Twitter More...