A Little Boy That Died, Saw Heaven, And Came Back To Life Again
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 How would you feel if someone told you that one of the largest banks on Wall Street makes more money whenever the number of Americans on food stamps goes up? Unfortunately, this is something that is actually true. In the United States today, one out of every seven Americans is on food stamps. In fact, the number of Americans on food stamps has increased by a whopping 14 million since Barack Obama entered the White House. All of this makes JP Morgan very happy, because JP Morgan has been making money by the boatload on food stamps. Right now, JP Morgan Chase issues food stamp debit cards in 26 U.S. states and the District of Columbia. The division of JP Morgan Chase that issues these debit cards made an eye-popping 5.47 billion dollars in net revenue during 2010. JP Morgan is paid per customer, so when the number of Americans on food stamps goes up, they make more money. But doesn't this give JP Morgan an incentive to try to keep the number of Americans on food stamps as high as possible? Of course it does. JP Morgan is interested in making money as rapidly as possible. If JP Morgan can get more Americans enrolled in the food stamp program and keep them enrolled in it for as long as possible, that is good for business. (Read More....)
 A higher percentage of the American population is receiving government benefits than ever before. Yes, there have always been poor people that have needed our assistance, but what does it say about our economy that the number of Americans dependent on the government is at an all-time high? Every night on the evening news we are told that the economy is improving, and Barack Obama is endlessly giving speeches about the "economic recovery" that is supposedly underway. But that is not the reality on the ground for those on the bottom rungs of the income ladder in America. People are really hurting out there, and the number of Americans that are turning to the government for financial assistance just continues to increase. Yes, we should always have a "safety net", but right now our "safety net" is becoming massively overloaded as millions more Americans jump on to it every single year. What all of these impoverished Americans really need are jobs, but the U.S. Congress and the past several administrations have been systematically killing job growth in America. So unfortunately the number of poor Americans is going to continue to rise, and that is really bad news for a nation that is already drowning in debt. (Read More....)
 Everywhere you turn these days, someone is proclaiming that the economy is improving. Barack Obama is endlessly touting the "improvement" in the economy, the mainstream media is constantly talking about "the economic recovery" and an increasing number of Americans seem to be buying into this line of thinking. A new NBC/Wall Street Journal poll found that 37 percent of Americans believe that the economy will improve over the next year, while only 17 percent of Americans believe that it will get worse. But is the economy actually improving? Not really. At the moment things are relatively stable. Some economic statistics are improving slightly and some continue to get even worse. However, it is very important to keep in mind that one of the biggest reasons why things have stabilized is because the federal government is pumping more than a trillion dollars a year into the economy that it does not have. The Obama administration is engaging in a debt binge unlike anything America has ever seen before, and yet many economic indicators are still in decline. So what is going to happen when the federal government stops injecting gigantic waves of borrowed money into the economy? That is a frightening thing to think about. The best efforts of our "leaders" in Washington D.C. are not accomplishing a whole lot. The Federal Reserve has pushed interest rates as low as they can go and the federal government is spending unprecedented amounts of money. But even with the federal government and the Federal Reserve pushing the accelerator all the way to the floor, the economy is still not improving much at all. Millions upon millions of Americans out there are anticipating some sort of a "great economic recovery", and they are going to be bitterly disappointed. (Read More....)
 Once upon a time, the United States had the largest and most vibrant middle class that the world has ever seen. Unfortunately, that is rapidly changing. The statistics that you are about to read prove beyond a reasonable doubt that the U.S. middle class is dying right in front of our eyes as we enter 2012. The decline of the middle class is not something that has happened all of a sudden. Rather, there has been a relentless grinding down of the middle class over the last several decades. Millions of our jobs have been shipped overseas, the rate of inflation has far outpaced the rate that our wages have grown, and overwhelming debt has choked the financial life out of millions of American families. Every single day, more Americans fall out of the middle class and into poverty. In fact, more Americans fell into poverty last year than has ever been recorded before. The number of middle class jobs and middle class neighborhoods continues to decline at a staggering pace. As I have written about previously, America as a whole is getting poorer as a nation, and as this happens wealth is becoming increasingly concentrated at the very top of the income scale. This is not how capitalism is supposed to work, and it is not good for America. (Read More....)
 For a lot of Americans, this is the worst time of the year. If you don't have any money, it can be really hard to hear others go on and on about how good "Santa Claus" was to them this year. For many, there is simply not much to be cheerful about as the year ends. There are millions of people in this country that do not have a "happy family" to spend the holidays with, there are millions of people in this country that do not have any money to spend on gifts, and there are millions of people that are either already sleeping in the streets or that are in imminent danger of losing their homes. It can be really difficult to feel "holiday cheer" when you are freezing cold and you don't have any food in your stomach. The realization that you are not going to enjoy any of the good things that other people get to enjoy this time of the year is enough to push many people over the edge. Yes, for most of the country this time of the year is filled with food, family and fun but for millions of others this time of the year tends to magnify despair, depression and thoughts of suicide. If you are blessed as we get ready to enter 2012, please remember those out there that are really hurting. If someone does not help them, they might not make it to 2013. (Read More....)
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If The Economy Is Improving….