There is a war on compassion in America today. You are about to read about a Hawaii lawmaker that has used a sledgehammer to smash up at least 30 shopping carts that homeless people were using. Yes, you read that correctly. He is actually carrying a sledgehammer around so that he can destroy the belongings of homeless people. He claims that it is his intention “to do something practical that will really clean up the streets”. But as crazy as that sounds, the truth is that he is not alone. As you will read about below, there are dozens of major cities all over the country where feeding the homeless has been banned. In many of these instances, public officials are very open about the fact that the goal is to make their cities “cleaner” and “safer” places to live. They simply do not want the homeless around. In fact, there are some cities such as San Diego and San Francisco where social workers are actually giving homeless people one-way bus tickets out of town. If you doubt this, just keep reading. The United States is becoming a very cold, heartless place, and homeless people are increasingly being treated like human garbage in this country. So how bad will the treatment of the homeless become when the economy gets really bad?
When I first heard about a state representative out in Hawaii that was using a sledgehammer to go after homeless people, I could hardly believe it. But it is actually true. The following is a short excerpt from an RT article that was published earlier this week…
In the past two weeks residents in Hawaii noticed what appeared to be a crazed individual carrying a sledgehammer through the streets of Honolulu, a state lawmaker looking to rid the city of homeless people by targeting their belongings.
State Representative Tom Brower (D) is currently dedicated to dealing out his own personal brand of “justice” by seeking out homeless people and destroying their possessions. Brower estimates that he has used the sledgehammer to smash at least 30 shopping carts, rendering them useless by bashing in the front wheels.
“I got tired of telling people I’m trying to pass laws. I want to do something practical that will really clean up the streets,” he told Hawaii News Now. “I find abandoned junk, specifically shopping carts, and I remove them.”
How cold and heartless can one person possibly be?
The truth is that almost all of us are just a few bad breaks from being out on the street.
Hasn’t he ever needed a helping hand at some point in his life?
Unfortunately, government control freaks are cracking down on those that are trying to provide that “helping hand” all over the nation. For example, one Christian ministry in Harrisburg, Pennsylvania has recently been threatened with jail time for feeding the homeless…
Every week for more than five years, staff and volunteers associated with Isaiah 61 Ministries have provided meals, toiletries, clothing and other forms of assistance to the homeless men and women of Harrisburg, as well as to the poor and elderly. Because of the recent threats made by the Dauphin County commission, Isaiah 61 Ministries and several other ministries engaged in similar religious exercises throughout the rest of the week have been unable to serve those most in need of help at this time of year.
And in a previous article I wrote about an organization called Love Wins Ministries that made national headlines when police in Raleigh, North Carolina threatened to arrest them if they continued to distribute sausage biscuits and coffee to homeless people living in the heart of the city. The following is from a first-hand account from someone who actually witnessed the police threats…
On the morning of Saturday, August, 24, Love Wins showed up at Moore Square at 9:00 a.m., just like we have done virtually every Saturday and Sunday for the last six years. We provide, without cost or obligation, hot coffee and a breakfast sandwich to anyone who wants one. We keep this promise to our community in cooperation with five different, large suburban churches that help us with manpower and funding.
On that morning three officers from Raleigh Police Department prevented us from doing our work, for the first time ever. An officer said, quite bluntly, that if we attempted to distribute food, we would be arrested.
Our partnering church brought 100 sausage biscuits and large amounts of coffee. We asked the officers for permission to disperse the biscuits to the over 70 people who had lined up, waiting to eat. They said no. I had to face those who were waiting and tell them that I could not feed them, or I would be arrested.
Sadly, these are not isolated incidents. This kind of thing is happening all over the nation.
In fact, according to USA Today more than 50 other cities have passed laws against feeding the homeless…
Atlanta, Phoenix, San Diego, Los Angeles, Miami, Oklahoma City and more than 50 other cities have previously adopted some kind of anti-camping or anti-food-sharing laws, according to the National Law Center on Homelessness & Poverty.
And as I mentioned at the top of this article, some major cities are so disgusted by the homeless that they are actually giving them one-way bus tickets to other cities…
When her Greyhound bus pulled into town 6 months ago, Maria Castillo got off with two bags and dream.
“Start over, start a new life,” said the 42-year-old.
Castillo had been homeless in San Diego when a social worker offered her a one-way bus ticket to Portland.
“They said come here because all the opportunities in Portland, Oregon,” she said.
But Castillo said life isn’t much better in her new town. She’s still homeless. A Unit 8 investigation found several cities from San Diego to San Francisco are providing one-way bus tickets to the homeless.
When I saw that San Francisco was doing this, I just had to chuckle. San Francisco holds itself out as a “progressive” city that is a “model” for the rest of the nation to follow, and yet they are so disgusted by homeless people that they are giving them one-way tickets up to Portland.
What in the world is happening to America?
And this crisis is only going to get even worse in the years ahead. I write frequently about how the level of poverty in this country is growing very rapidly. If you doubt this, please see my previous article entitled “29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding“.
When people think of the homeless, they often think of drunk bums sleeping on benches in our public parks. But the truth is that the ranks of the homeless include vast numbers of adults that would gladly work if they could, and the ranks of the homeless also include vast numbers of children.
Right now, there are 1.2 million public school students in America that are homeless. That is a new all-time record, and that number has grown by 72 percent since the start of the last recession.
There are so many people out there that are deeply hurting right now, but the control freaks that are running things don’t want us to help our neighbors.
The control freaks that are running things just want the homeless to go away so that their cities can be shiny and clean and pleasant for visitors that actually have money.
Well, I don’t care what those control freaks say. If I see someone that needs food or water, I am going to help that person out no matter what the “regulations” say.
And all of the cities that are banning feeding the homeless are literally cursing themselves. As a society, we will be judged on how we treat our most vulnerable members, and right now America is failing badly in this regard on a whole host of fronts.
The United States is steadily becoming a very cold-hearted place. Do not let that happen to you personally. Please remember to do what you can to love your less fortunate neighbors this winter.
Our society is literally starting to come apart at the seams right in front of our eyes.
In this kind of an environment, we are going to need a whole lot more love and compassion than we are seeing right now.
According to a whistleblower that has recently come forward, Census employees have been faking and manipulating U.S. employment numbers for years. In fact, it is being alleged that this manipulation was a significant reason for why the official unemployment rate dipped sharply just before the last presidential election. What you are about to read is incredibly disturbing. The numbers that the American people depend upon to make important decisions are being faked. But should we be surprised by this? After all, Barack Obama has been caught telling dozens of major lies over the past five years. At this point it is incredible that there are any Americans that still trust anything that comes out of his mouth. And of course it is not just Obama that has been lying to us. Corruption and deception are rampant throughout the entire federal government, and this has been the case for years. Now that some light is being shed on this, hopefully the American people will respond with overwhelming outrage and disgust.
The whistleblower that I mentioned above has been speaking to John Crudele of the New York Post. In his new article entitled “Census ‘faked’ 2012 election jobs report“, he says that the huge decline in the unemployment rate in September 2012 was “manipulated”…
In the home stretch of the 2012 presidential campaign, from August to September, the unemployment rate fell sharply — raising eyebrows from Wall Street to Washington.
The decline — from 8.1 percent in August to 7.8 percent in September — might not have been all it seemed. The numbers, according to a reliable source, were manipulated.
Two years earlier, the Census had actually caught an employee “fabricating data”, but according to this whistleblower the corruption at the Census Bureau goes much deeper than that…
And a knowledgeable source says the deception went beyond that one employee — that it escalated at the time President Obama was seeking reelection in 2012 and continues today.
“He’s not the only one,” said the source, who asked to remain anonymous for now but is willing to talk with the Labor Department and Congress if asked.
The Census employee caught faking the results is Julius Buckmon, according to confidential Census documents obtained by The Post. Buckmon told me in an interview this past weekend that he was told to make up information by higher-ups at Census.
Well, is it really such a big deal that some of the unemployment numbers were faked?
After all, hasn’t the unemployment rate been consistently going down anyway?
Unfortunately, as you will see below, that is simply not the case. The following are five massive economic lies that the government has been telling you…
“The Unemployment Rate Has Been Steadily Going Down”
According to the official government numbers, the U.S. unemployment rate has fallen all the way down to 7.3 percent.
That sounds really good, and it would seem to imply that a higher percentage of the American people are now working.
Sadly, that is not the truth at all.
Posted below is one of my favorite charts. The employment-population ratio measures the percentage of the working age population that actually has a job. As you can see, this number fell dramatically during the last recession and since the end of 2009 it has remained remarkably flat. In fact, it has stayed between 58 and 59 percent for 50 months in a row…
At the moment, the employment-population ratio is just one-tenth of one percent above the lowest level that it has been throughout this entire crisis.
So are we in an “employment recovery”?
Absolutely not, and anyone that tries to tell you that is lying to you.
So how is the government getting the unemployment rate to go down?
Well, they are accomplishing this by pretending that millions upon millions of unemployed Americans have disappeared from the labor force.
According to the government, the percentage of Americans that want to work is now supposedly at a 35 year low…
If the labor force participation rate was still exactly where it was at when Barack Obama was first elected in 2008, the official unemployment rate would be about 11 percent right now. People would be running around going crazy and wondering when the “economic depression” would finally end.
But when people hear “7.3 percent”, that doesn’t sound so bad. It makes people feel better.
Of course if you are currently unemployed and looking for a job that doesn’t exactly help you. At this point there is intense competition even for minimum wage jobs in America. For example, according to Business Insider you actually have a better statistical chance of getting into Harvard than you do of being hired at a new Wal-Mart that is opening up in the Washington D.C. area…
The store is currently combing through more than 23,000 applications for 600 available positions, reports NBC Washington.
That means that Wal-Mart will be able to hire one person for every 38 applications it receives — i.e., just 2.6% of applicants will walk out with a job.
That’s more difficult than getting into Harvard. The Ivy League university accepts 6.1% of applicants.
“Inflation Is Low”
This is another lie that government officials love to tell. In particular, the boys and girls over at the Federal Reserve love to try to convince all of us that inflation is super low because it gives them an excuse to recklessly print lots more money.
But anyone that goes to the grocery store or pays bills on a regular basis knows that there is plenty of inflation in the economy. And if we were being given honest numbers, they would show that.
According to John Williams of shadowstats.com, if the U.S. inflation rate was still calculated the exact same way that it was back when Jimmy Carter was president, the official rate of inflation would be somewhere between 8 and 10 percent today.
But the Federal Reserve certainly doesn’t want everyone running around talking about “Jimmy Carter” and “stagflation” because then people would really start pressuring them to end their wild money printing schemes.
And without a doubt, what the Fed is doing is absolutely insane. The chart posted below shows that the M1 money supply has nearly doubled since the beginning of 2008…
“Quantitative Easing Is Economic Stimulus”
How many times have you heard the mainstream media tell you something along these lines…
“The Federal Reserve decided today that the economic stimulus must continue.”
There is just one thing wrong with that statement.
As I showed in a previous article, it is a total hoax.
In fact, a former Federal Reserve official that helped manage the Federal Reserve’s quantitative easing program during 2009 and 2010 is publicly apologizing to the rest of the country for being involved in “the greatest backdoor Wall Street bailout of all time”…
I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I’ve come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time.
Yes, quantitative easing has most certainly helped Wall Street (at least temporarily).
Meanwhile, median household income in the U.S. has fallen for five years in a row.
Meanwhile, the federal government is now spending nearly a trillion dollars a year on welfare.
Meanwhile, 1.2 million students that attend public schools in America are now homeless. In fact, that number has risen by 72 percent since the start of the last recession.
“Obamacare Is Going To Be Good For Middle Class Americans”
There were three giant promises that were used to sell Obamacare to the American people…
#1 We would all be able to keep our current health insurance plans.
#2 Millions more Americans were going to be covered by health insurance.
#3 Most Americans would be paying lower health insurance premiums.
Well, it turns out that all of them were lies.
At this point, approximately 4 million Americans have already had their health insurance plans canceled due to Obamacare, and according to Forbes that number could ultimately reach 93 million.
And so far only about 100,000 Americans have actually signed up for Obamacare, so that means that the number of Americans with health insurance has dropped by about 3.9 million since the beginning of October.
Good job Obama.
Meanwhile, Americans all over the country are being hit with a massive case of sticker shock as they start to realize what Obamacare is going to do to their wallets.
According to one study, health insurance premiums for men are going to go up by an average of 99 percent under Obamacare and health insurance premiums for women are going to go up by an average of 62 percent under Obamacare.
And if you are a young man, you are going to get hit particularly hard. At this point, it is being projected that health insurance premiums for healthy 30-year-old men will rise by an average of 260 percent.
But you don’t have to be young to pay higher premiums. As I mentioned the other day, one couple down in Texas was recently hit with a 539 percent rate increase.
“The U.S. National Debt Is Under Control”
The mainstream media would have us believe that the budget deficit is now under control and the U.S. national debt is not a significant problem any longer.
But that is not the truth.
The truth is that we are on pace to accumulate more new debt under the 8 years of the Obama administration than we did under all of the other presidents in all of U.S. history combined.
Every single hour of every single day, our politicians are stealing about $100,000,000 from future generations of Americans. It is a crime so vast that it is hard to put into words, and it is literally destroying the economic future of this country.
Over the last 13 and a half months, the U.S. national debt has increased by more than 1.12 trillion dollars.
If you were alive when Jesus Christ was born and you had spent a million dollars every single day since then, you still would not have spent that much money by now.
And most Americans don’t realize this, but the U.S. government must borrow far more than a trillion dollars each year. Trillions more in existing debt must be “rolled over” just to keep the game going.
For example, the U.S. government rolled over more than 7.5 trillion dollars of existing debt in fiscal 2013.
So what is going to happen someday when the rest of the world pulls out and stops lending us trillions of dollars at ridiculously low interest rates that are way below the real rate of inflation?
Our financial system is far more vulnerable than we are being told. We are in the terminal phase of the greatest debt bubble in the history of the planet, and when this bubble bursts it is going to be an absolutely spectacular disaster.
Please don’t believe the mainstream media or the politicians when they promise you that everything is going to be okay.
Did you know that 40 percent of all American workers make less than $20,000 a year before taxes? And 65 percent of all American workers make less than $40,000 a year before taxes. If you work on Wall Street, or have a cushy job with the federal government, or work for a big tech firm out on the west coast, life is probably pretty good for you right now. But the truth is that most Americans are not living the high life. In fact, most Americans are just trying to figure out how to survive from month to month. For many Americans, making a choice between buying food for your family and paying the light bill is a common occurrence. But if you don’t live in that America, hearing that people actually live like that may sound very strange to you. After all, if everyone around you has expensive cars, the latest electronic gadgets and million dollar homes, the notion that America is in the midst of a very serious “economic decline” may seem very bizarre to you.
On Wednesday, the Dow hit a brand new record high, and Wall Street celebrated. Since the financial crisis of 2008, stocks have been on an unprecedented run. The top performers in the market have not just made millions of dollars – they have made billions of dollars. Luxury apartments in Manhattan and beachfront homes in the Hamptons are selling for absolutely astronomical prices, and it seems like life in the good parts of New York City is one gigantic endless party these days.
Meanwhile, life is quite good down in Washington D.C. as well. The wealth is spread more evenly, but on average the D.C. region actually has the highest standard of living of any major U.S. city. The reason for this is the obscene growth of the federal government. Over the past couple of decades, the U.S. government has ballooned in size and so have government salaries. During one recent year, the average federal employee living in the Washington D.C. area received total compensation worth more than $126,000.
Out in the San Francisco area, Internet money is flowing like wine right now. As I wrote about yesterday, top employees of companies such as Facebook and Twitter can make millions of dollars a year. And if you were lucky to get a piece of the ownership of one of those companies at a very early stage, you are essentially set for life.
And with the Twitter IPO coming up, Internet euphoria is once again reaching a fever pitch. For example, just check out what a 56-year-old administrative assistant said this week about why she is going to buy Twitter stock…
“I’m just buying because everybody’s talking about Twitter,” she said. “I’m just gonna take a chance.”
Is that how we should make our investment decisions from now on?
Just buy a stock because everybody’s talking about it?
That is the kind of insanity that is going on in “wealthy America” right now.
Unfortunately, the gap between “wealthy America” and “poor America” is greater than ever before.
If you live in “wealthy America”, what you are about to hear next will probably sound very strange.
CNN recently profiled a 44-year-old overnight prison guard named Delores Gilmore. She works really hard, but a lot of times she simply does not have enough money to pay all of her bills…
“The first of the month, I pay the rent,” she said. “The next check, I pay my light bills. Sometimes I won’t pay my rent and I pay the light bill from last month — if they cut if it off. Then I pay the rent the end of the month.”
Her life consists of going to work, taking care of her children, going to sleep, and then getting back up and repeating that same cycle once again…
“I’m not fooling anybody,” she told me. “I don’t have any friends. And that’s sad. … I go to work, come home, take them where they gotta go, if they gotta go somewhere, come back home, lay down, go to work.
“That’s what I do. All day, that’s what I do.”
Sadly, the truth is that tens of millions of Americans can identify with what she is going through on a daily basis. In millions of families, both the husband and the wife work multiple jobs and it is still not enough.
If we truly did have a free market capitalist system, the entire country would be a land of opportunity and things would be getting better for everybody. Unfortunately, that is not the case at all. The following are 21 facts about “wealthy America” and “poor America” that are hard to believe…
#1 The lowest earning 23,303,064 Americans combined make 36 percent less than the highest earning 2,915 Americans do.
#2 40 percent of all American workers (39.6 percent to be precise) make less than $20,000 a year.
#3 According to the Pew Research Center, the top 7 percent of all U.S. households own 63 percent of all the wealth in the country.
#4 On average, households in the top 7 percent have 24 times as much wealth as households in the bottom 93 percent.
#5 According to numbers that were just released this week, 49.7 million Americans are living in poverty. That is a brand new all-time record high.
#6 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.
#7 Household incomes have actually been declining for five years in a row and total consumer credit has risen by a whopping 22 percent over the past three years.
#8 According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.
#9 The homeownership rate in the United States is at an 18 year low.
#10 The six heirs of Wal-Mart founder Sam Walton have as much wealth as the bottom one-third of all Americans combined.
#11 18 percent of all food stamp dollars are spent at Wal-Mart.
#12 According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.
#13 It is hard to believe, but right now 1.2 million students that attend public schools in America are homeless. That number has risen by 72 percent since the start of the last recession.
#14 One recent study discovered that nearly half of all public students in the United States come from low income homes.
#15 In 1980, CEOs at S&P 500 companies made 42 times as much as their employees did on average. Today, CEOs at S&P 500 companies make 354 times as much as their employees do on average. In fact, there are many CEOs that make more than 1000 times what the average employees in their companies make.
#16 U.S. families that have a head of household that is under the age of 30 have a poverty rate of 37 percent.
#17 At this point, one out of every four American workers has a job that pays $10 an hour or less.
#18 Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.
#19 Approximately one out of every five households in the United States is now on food stamps.
#20 The number of Americans on food stamps has grown from 17 million in the year 2000 to more than 47 million today.
#21 At this point, the poorest 50 percent of all Americans collectively own just 2.5 percent of all the wealth in the United States.
So which America do you live in? Please feel free to tell us what is going on in your neck of the woods by posting a comment below…
If your neighborhood is not as safe as it used to be, then you have something in common with the rest of the country. All over America, crime is on the rise. According to a government survey that was just released, violent crime in the United States increased by 15 percent last year, and property crime was up by 12 percent. If violent crime keeps increasing at this rate, it will approximately double in just six years. But as I wrote about the other day, when the next major economic downturn strikes it will probably greatly accelerate the growth of the crime rate in this country. Desperate people do desperate things, and as you will read about below, there are people out there that are already stealing entire truckloads of food. In the future, when people are extremely hungry or crazy for their next drug hit, they won’t think twice about invading your home or pulling you out of your vehicle. The rise in crime that we are witnessing right now is just the beginning. It is going to get a lot worse than this.
Whenever I do this type of an article, inevitably someone leaves a comment insisting that I am lying because crime rates are going down.
Well, that used to be true. It is no longer accurate.
As an ABC News article that was just released explains, the crime victimization survey shows that violent crime in America has now increased for two years in a row…
The violent crime rate went up 15 percent last year, and the property crime rate rose 12 percent, the government said Thursday, signs that the nation may be seeing the last of the substantial declines in crime of the past two decades.
Last year marked the second year in a row for increases in the crime victimization survey, a report that is based on household interviews.
This is one of the primary reasons why so many people are moving out of the big cities right now. In the city of Chicago, police are so overwhelmed with crime that they will no longer respond in person “to 911 calls reporting vehicle theft, garage burglary or simple assault“.
Things have gotten so bad in Chicago that a 14-year-old girl was sexually assaulted as she was walking to a bus stop this week and it barely made a blip on the news.
But we have come to expect this kind of thing in crime-infested cities such as Chicago. We don’t expect it to happen in “quiet communities” such as Augusta, Georgia…
“When we first moved out here three and a half years ago, my wife and I, it was a quiet community, it was a deal that we felt we couldn’t pass up on,” Don McIntee says.
McIntee lives in the Butler Creek Mobile Home Community, but he’s trying to change that. He recently put his home up for sale because he says the crime in his neighborhood is too much to deal with.
“I want to live in a place that I feel is secure and safe for my wife because I’m out of town a lot,” he says.
And it seems like criminals are becoming more brutal than ever. For example, one thug actually put his gun into the mouth of a 92-year-old World War II veteran in Fresno, California and threatened to kill him during one recent home invasion…
“I was sound asleep at about one or two o’clock in the morning, all the lights were on and a guy shook me with a gun in my face. (I said) Hey what’s going on? (He said) Shut up and he slapped me,” he explained.
While the suspect held him at gunpoint, three others ransacked his house, taking about 200 dollars in cash and jewelry including his 1941 class ring from Woodlake High School in Tulare County.
“They were in there for almost a half hour,” said Fresno County Sheriff Department spokesperson Chris Curtice. “So they had plenty of time to search the house, it was the middle of the night.”
At one point, Joseph said one of the suspects put a gun in his mouth and threatened to kill him. While being ordered into the bedroom closet, he said he hit him in the head with a handgun, causing him to fall to the floor.
Was there any need for that? That 92-year-old man was certainly no threat to the four home invaders.
But this is what is happening all over the nation now. Criminals appear to be getting crazier and crazier.
In Houston recently, one team of home invaders decided to storm a house at 8 AM in the morning while people all along the street were leaving their homes to go to work and to school…
It was about 8am — daylight, with people going to work and kids going to school, yet no one apparently saw this coming. The homeowner told me four men, armed with guns, broke in through her garage and forced their way inside her house.
The woman’s daughter and son-in-law were in the home with her, along with two of their daughters, ages four and six. The homeowner says the gunmen pointed guns at all of them — even the children — and demanded money over and over. They ransacked the house and the cars- and eventually got away with some cash, at least one cell phone and the homeowner’s wallet.
Who robs a house at 8 AM in the morning?
That is either incredibly bold or incredibly stupid.
In my article yesterday, I included another example of a crime which is either incredibly bold or incredibly stupid. One very enterprising carjacker actually decided to try to carjack the police chief of Detroit while he was sitting in a clearly marked police vehicle…
Just four months on the job, Detroit’s new police chief got an early taste of the city’s hardscrabble streets.
While in his patrol car at an intersection on Jefferson two weeks ago, Police Chief James Craig was nearly carjacked, police spokeswoman Kelly Miner confirmed today.
Craig said he was in a marked police car with mounted lights when a man quickly tried to approach the side of his car. Craig, who became police chief in June, retold the story Monday during a program designed to crack down on carjackings.
So what is going on here?
Are criminals becoming bolder or are they just becoming stupider?
I don’t have an answer for that question, but one thing seems certain – crime is definitely getting worse.
As I mentioned at the top of this article, some criminals are now actually stealing entire truckloads of food. A recent CBS News article explained how they are doing this…
To steal huge shipments of valuable cargo, thieves are turning to a deceptively simple tactic: They pose as truckers, load the freight onto their own tractor-trailers and drive away with it.
It’s an increasingly common form of commercial identity theft that has allowed con men to make off each year with millions of dollars in merchandise, often food and beverages. And experts say the practice is growing so rapidly that it will soon become the most common way to steal freight.
And what we are talking about is not just a few isolated incidents. This is literally happening from coast to coast and the dollar values of some of these thefts are staggering…
News reports from across the country recount just a few of the thefts: 80,000 pounds of walnuts worth $300,000 in California, $200,000 of Muenster cheese in Wisconsin, rib-eye steaks valued at $82,000 in Texas, $25,000 pounds of king crab worth $400,000 in California.
As economic conditions continue to deteriorate, I actually expect that we will start seeing armed guards on food trucks in a few years.
Desperate people do desperate things, and as food prices continue to rise I believe that food trucks will become highly prized targets.
America is rapidly changing, and not for the better.
So what are things like in your area of the country?
Are you noticing an increase in crime?
Please feel free to share your thoughts by posting a comment below…
The percentage of Americans that are participating in the labor force is the lowest that it has been in 35 years. During the 70s, 80s and 90s, the labor force participation rate consistently rose as large numbers of women entered the workforce. It peaked at 67.3 percent in early 2000, and just before the last recession it was sitting at about 66 percent. Since the start of the last recession, the labor force participation rate has not stopped falling and it is now at a 35 year low. In September, 11,255,000 Americans were considered to be “unemployed”, and an astounding 90,609,000 Americans were considered to be “not in the labor force”. The number of Americans “not in the labor force” has increased by more than 10 million since Barack Obama entered the White House. When you add the number of unemployed Americans to the number of Americans “not in the labor force”, you come up with a grand total of more than 101 million working age Americans that do not have a job.
The Obama administration and the mainstream media continue to insist that we are in the midst of an “economic recovery”, but that is a total joke. Does the chart posted below look like a recovery to you?…
Americans are leaving the labor force in droves. If the labor force participation rate was at the same level that it was when Obama first became president, the official unemployment rate would be up around 10 percent and everyone would be wondering when the “economic depression” would finally end.
It is funny how our perceptions of reality are so greatly shaped by what our televisions tell us to think.
Below I have posted a chart of the “inactivity rate” of U.S. men in the 25 to 54-year-old age group. As you can see, the percentage of men in their prime working years that are not employed and not considered to be unemployed either has been rising steadily…
We have millions upon millions of men just sitting around and doing essentially nothing. Not that women are doing so much better. In fact, the labor force participation rate for women is at a 24 year low.
Some people may be tempted to think that all of this is happening because more Americans are choosing to stay home and raise children. But that is not the case at all. In fact, in a previous article I showed that the marriage rate in the U.S. is at an all-time low and the birth rate for young women in this country is also at an all-time low.
People are not staying home because of family obligations. Rather, people are staying home because there aren’t enough jobs available.
And when Americans that are actually employed do lose their jobs, it is taking them a very, very long time to find another one. Just check out the following chart…
Once again, I must ask – does that look like a “recovery” to you?
Obama can say the word “recovery” as much as he would like, but that does not make it a reality.
So is anyone out there actually doing well?
Yes, as I have talked about frequently, some pockets of the country are doing quite nicely. In fact, government workers (think Washington D.C.) and finance workers (Wall Street, etc.) are tied for the lowest rates of unemployment in the nation (3.9 percent).
But for almost everyone else, things are very hard right now and poverty continues to grow.
Just today, I came across a recent study that discovered that nearly half of all public students in the United States come from low income homes.
That is an incredible number.
But this is just the beginning of our problems. Our debt continues to grow by leaps and bounds and our big banks are engaging in extraordinarily reckless behavior. As Richard Russell recently discussed, it is only a matter of time before this entire house of cards comes tumbling down…
In this whole process, debt has been created to an extent never seen before in history. So far, the debt has been managed with super-low interest rates and borrowing. But the compounding process goes on, and the debt mountain continues to grow. So, to be brief, I see the theme of today as the “haves” doing whatever they have to — to remain in power.
The dangers in the background for the haves are the possibilities that (1) interest rates will begin to advance, and (2) inflation will rise and be so visible that even the common man will recognize it, and begin to protest, or even revolt and (3) the whole debt structure will rise so high that it will topple over of its own weight and take down the entire world economy with it.
So as bad as things are today, the truth is that they are far, far better than what is eventually coming.
If you want to get a glimpse of the future of the U.S. economy, just check out what has happened to Greece…
Greeks are on average almost 40 percent poorer than they were in 2008, data indicated, laying bare the impact of a brutal recession and austerity measures the government may be forced to extend into next year.
Gross disposable incomes fell 29.5 percent between the second quarters of 2008 and 2013, statistics service ELSTAT said on Tuesday. Adding in cumulative consumer price inflation over the same period takes the decline close to 40 percent.
As you can see from the charts posted above, our economy has never even come close to getting back to the level that we were at before the last financial crisis.
And now the next wave of the economic collapse is approaching.
Right now, Spain has an unemployment rate that is above 26 percent and Greece has an unemployment rate that is above 27 percent.
We will eventually be heading up toward those levels.
As millions of good paying jobs continue to be shipped overseas, and as technology continues to eliminate millions of our jobs, the unemployment situation in this country will continue to grow even worse.
And whenever the next great financial crisis inevitably strikes, that will greatly accelerate our employment problems.
If you can move toward becoming more independent of the “system”, now would be a good time to do so. The job that you have today may not be there next month or next year.
We are moving into the greatest period of economic instability in U.S. history.
Get ready for it while you still can.
Did you know that the U.S. national debt has increased by more than a trillion dollars in just over 12 months? On September 30th, 2012 the U.S. national debt was sitting at $16,066,241,407,385.89. Today, it is up to $17,075,590,107,963.57. These numbers come directly from official U.S. government websites and can easily be verified. For a long time the national debt was stuck at just less than 16.7 trillion dollars because of the debt ceiling fight, but now that the debt ceiling crisis has been delayed for a few months the national debt is soaring once again. In fact, just one day after the deal in Congress was reached, the U.S. national debt rose by an astounding 328 billion dollars. In the blink of an eye we shattered the 17 trillion dollar mark with no end in sight. We are stealing about $100,000,000 from our children and our grandchildren every single hour of every single day. This goes on 24 hours a day, month after month, year after year without any interruption.
Over the past five years, the U.S. government has been on the greatest debt binge in history. Unfortunately, most Americans don’t realize just how bad things have gotten because the true budget deficit numbers are not reported on the news. The following is where the U.S. national debt has been on September 30th during the five years previous to this one…
09/30/2009: $ 11,909,829,003,511.75
The U.S. national debt is now 37 times larger than it was 40 years ago, and we are on pace to accumulate more new debt under the 8 years of the Obama administration than we did under all of the other presidents in U.S. history combined.
Of course all of the blame can’t be placed at the feet of Obama. During the last two elections the American people have given the Republicans a solid majority in the U.S. House of Representatives, and the government cannot spent a single penny without their approval.
Unfortunately, House Speaker John Boehner and the Republicans that are allied with him have repeatedly turned their backs on the people that gave the Republicans the majority and they have authorized trillions of dollars of new debt which will be passed on to future generations of Americans…
Since John Boehner became speaker of the U.S. House of Representatives on Jan. 5, 2011, the debt of the federal government has increased by $3,064,063,380,067.72. That is more than the total federal debt accumulated in the first 200 years of the U.S. Congress–during the terms of the first 48 speakers of the House.
In fact, if all of that debt had been given directly to the American people, every household in America would have been able to buy a new truck…
The $26,722 in new debt per household accumulated under Speaker Boehner would have been more than enough to buy every household in the United States a minivan or pickup truck–or to pay three years of in-state tuition (not counting room and board) at the typical state college.
Sometimes we forget just how much money a trillion dollars is. In a previous article, I included some illustrations that I believe are helpful…
-If you were alive when Jesus Christ was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.
-If right this moment you went out and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.
We are doing the exact same thing that Greece did, only on a much larger scale. What we are doing is not even close to sustainable, and it will inevitably end very, very badly. The following is what Michael Pento, the president of Pento Portfolio Strategies, told RT the other day…
“That $17 trillion everybody says its 107 percent of GDP, that’s true. But who really cares about the percentage of GDP? It’s the percentage of the debt as a percentage of the revenue – its 700 percent of our revenue. Deficits are growing at 30 percent of our revenue every year added to the deficits we have already. So it’s unsustainable. What is going to happen eventually – a currency and bond market collapse! And it’s not going out 20 years, as I also heard someone mention. In 2016 we’ll probably be spending 40 percent of all of our revenue just to service our debt. That is what the interest payments will equal.”
The U.S. debt situation is so bad that even the Prime Minister of Cyprus is scolding us…
“The U.S. has been fortunate in the sense that it’s like a bank, it prints the money that other people accept. So you can live beyond your means over an extended period of time without being punished by the market.”
Unfortunately, we will not be able to live way beyond our means forever. Reality is going to catch up with us at some point.
Right now, the rest of the world is lending us giant mountains of money at interest rates that are far below the real rate of inflation. This is extremely irrational behavior, and this state of affairs will probably not last too much longer.
But if interest rates go up, it will absolutely cripple the U.S. economy. For much more on this, please see this article.
And what would make things much, much worse is if the rest of the globe starts moving away from using the U.S. dollar. At the moment, the U.S. dollar is the de facto reserve currency of the planet and this creates a tremendous demand for U.S. dollars and U.S. debt.
If that changes, it will be absolutely catastrophic for the United States, and unfortunately there are already lots of signs that this is already starting to happen. I wrote about this in my recent article entitled “9 Signs That China Is Making A Move Against The U.S. Dollar“.
But don’t just take my word for it. Just a couple of days ago a major U.K. newspaper came to the same conclusions…
China has overtaken the US as the world’s largest oil importer and goods trading nation. Over the next five years, it will surpass the rest of the world combined in its consumption of base metals.
Given the scale of the country’s consumption of fossil fuels and raw materials, it is only a matter of time before the renminbi replaces the dollar as the primary currency for trading commodities and resources such as crude oil and iron ore.
The debt ceiling farce in Washington and China’s growing reluctance to continue underwriting the US economy by buying up its bonds and adding to America’s near $17 trillion (£10.5 trillion) debt mountain suggests that this tectonic shift in the global trade system could be just around the corner.
So what will happen when the rest of the world decides that they don’t need to use our dollars or buy our debt any longer?
At that point the consequences of decades of incredibly foolish decisions will result in an avalanche of economic pain that the American people are not prepared for.
Earlier today, I came across a photograph that perfectly captures what America is heading for. The following photo of Mt. Rushmore crying has not been photoshopped. It was taken by Megan Ahrens and it was posted on the Tea Party Command Center. If George Washington was alive today, this is probably exactly how he would feel about the nation that he helped establish…
Barack Obama is warning that if he does not get everything that he wants that he will force the U.S. government into a devastating debt default which will cripple the entire global economy. In essence, Obama has become so power mad that he is actually willing to take the entire planet hostage in order to achieve his goals. A lot of people are blaming the government shutdown on the Republicans, but they have already voted to fund the entire government except for Obamacare. The U.S. Constitution requires that all spending bills originate in the House of Representatives, and the House did their duty by passing a spending bill. If the Senate or the President do not like the bill that the House has passed, then negotiations need to take place. That is how our system works. And the weak-kneed Republicans have already indicated that they are willing to give up virtually all of their prior demands. In fact, if Obama offered all of them 20 dollar gift certificates to Denny’s to end this crisis they would probably jump at that deal. But that is not good enough for Obama. He has made it clear that he will settle for nothing less than the complete and unconditional surrender of the Republican Party.
Why is Obama doing this? Why is Obama willing to bring the country to the brink of financial disaster?
It isn’t hard to figure out. Just check out what one senior Obama administration official said last week…
“We are winning…. It doesn’t really matter to us” how long the shutdown lasts “because what matters is the end result,” a senior Obama Administration official told the Wall Street Journal last week.
This is all about a political victory and crushing the Republicans. Obama doesn’t really care how long this crisis lasts because he believes that he is getting the end result that he wants.
According to Obama, the Republican Party is just supposed to roll over and give him the exact spending bill that he wants and also give him another trillion dollar increase in the debt limit.
If the Republicans do not give him that, he is willing to plunge us into financial oblivion.
The funny thing is that most Americans do not want the debt limit increased. According to one new poll, 58 percent of all Americans do not even want the debt ceiling to be increased by a single penny.
And recent polls show that Americans are against Obamacare by an average margin of about 10 percent.
But the pathetic Republican Party is actually willing to hand Obama a trillion dollar debt ceiling increase and fully fund Obamacare if Obama will at least give them something.
Unfortunately, Obama won’t even give them the time of day.
So don’t blame the Republicans for what is happening. The Republicans have already compromised themselves to the point of utter disgrace. If Obama had been willing to even compromise a couple of inches this entire crisis would already be over.
And nobody should be claiming that the Republicans won’t vote to end this shutdown. They have already voted to end it. The following is from a recent article by Thomas Sowell…
There is really nothing complicated about the facts. The Republican-controlled House of Representatives voted all the money required to keep all government activities going — except for ObamaCare.
This is not a matter of opinion. You can check the Congressional Record.
As for the House of Representatives’ right to grant or withhold money, that is not a matter of opinion either. You can check the Constitution of the United States. All spending bills must originate in the House of Representatives, which means that Congressmen there have a right to decide whether or not they want to spend money on a particular government activity.
Whether ObamaCare is good, bad or indifferent is a matter of opinion. But it is a matter of fact that members of the House of Representatives have a right to make spending decisions based on their opinion.
Once again, the Republicans have already indicated that they are willing to fund Obamacare. They just want Obama to throw them a bone.
And Obama will not do it.
So either the Republicans are going to cave in completely (a very real possibility) or we are going to pass the “debt ceiling deadline”.
What happens then?
Well, we would have more of a “real government shutdown” than the fake shutdown that we are having right now.
Once the federal government cannot borrow any more money, it will only be able to spend what it actually has on hand. That means that a lot more government functions will have to shut down.
Money will still be coming in to the government, but it won’t be enough to fund everything. According to the Wall Street Journal, the federal government will still have enough money to pay interest on the debt, make Social Security payments, make Medicare payments, make Medicaid payments, provide food stamp benefits and pay the military if they cut almost everything else out.
The other day, I suggested that the federal government could potentially start defaulting on interest payments on the debt as early as November. But that would only happen if the federal government manages their money foolishly.
If the federal government managed their money smartly and saved cash for the interest payments as they came due, they would not have to miss any.
But when was the last time the federal government ever did anything “smartly”?
For the sake of argument, however, let’s assume that the federal government can manage money wisely and can save up enough cash ahead of time for large interest payments as they come due.
If that could somehow be managed, then according to Paul Mampilly the government would never need to actually default…
The U.S. Treasury always has money coming into its accounts. So its always got some amount of cash that it can use to pay interest on bonds. That’s especially true right now because the government is partially shutdown and there’s no cash going out from its accounts.
In fact, when you look at it the U.S. Treasury should simply have no trouble making interest payments on bonds that it has issued.
And there’s no restriction on the U.S. Treasury prioritizing interest payments. Why?
The obligation to pay interest is set by the 1917 Second Liberty Bond Act and laws that commanded the Treasury to pay interest on the debt. You can look this up in section 3123 of Title 31 of the U.S. Code and section 4 of the 14th Amendment of the Constitution and in Supreme Court precedent (Perry v. United States). It’s all there in black and white.
So the only possible way the U.S. defaults on its debt is if Barack Obama, President of the United States, instructs his Treasury secretary Jack Lew to default on the debt.
And according to the Washington Post, Moody’s has just issued a memo that also indicates that the federal government should be able to make all interest payments even if the debt limit is not increased…
In a memo being circulated on Capitol Hill Wednesday, Moody’s Investors Service offers “answers to frequently asked questions” about the government shutdown, now in its second week, and the federal debt limit. President Obama has said that, unless Congress acts to raise the $16.7 trillion limit by next Thursday, the nation will be at risk of default.
Not so, Moody’s says in the memo dated Oct. 7.
“We believe the government would continue to pay interest and principal on its debt even in the event that the debt limit is not raised, leaving its creditworthiness intact,” the memo says. “The debt limit restricts government expenditures to the amount of its incoming revenues; it does not prohibit the government from servicing its debt. There is no direct connection between the debt limit (actually the exhaustion of the Treasury’s extraordinary measures to raise funds) and a default.”
Of course the federal government would have to stop throwing money around like a drunk gambler at a casino in Las Vegas in order for this to work.
On the very first day of the government shutdown, the feds gave $445 million to the Corporation for Public Broadcasting. Apparently Elmo is considered to be “essential personnel” by the Obama administration.
And according to CNS News, the U.S. Army has committed more than $47,000 to buy a mechanical bull during this “shutdown”…
The government shutdown may be keeping furloughed federal workers at home, but on Monday the U.S. Army contracted to buy a mechanical bull.
The $47,174 contract was awarded on Oct. 7 to Mechanical Bull Sales Inc. of State College, Penn.
So needless to say, there is some serious doubt about whether the federal government would be able to manage their money effectively in the event that the debt ceiling deadline passes.
And if the U.S. did start defaulting on debt payments, it would be absolutely disastrous for the global economy as I discussed in a previous article…
“A U.S. debt default would cause stocks to crash, would cause bonds to crash, would cause interest rates to soar wildly out of control, would cause a massive credit crunch, and would cause a derivatives panic that would be absolutely unprecedented. And that would just be for starters.”
Other nations that we depend upon to lend us money would stop lending to us and would start dumping U.S. debt instead.
Could you imagine what would happen if China started dumping a large portion of the 1.3 trillion dollars in U.S. debt that they are holding?
It would be a total nightmare. The collapse of Lehman Brothers would pale in comparison.
And already some banks are stuffing their ATM machines with extra cash just in case the general public starts to panic.
But none of this has to happen.
If Obama decides to negotiate with the Republicans, this crisis will likely end very rapidly.
If not, and we pass the “debt ceiling deadline”, the federal government will still have enough money to make interest payments on the debt as long as they manage their money correctly.
Unfortunately, Obama seems far more interested in playing political games than he is in solving our problems.
In fact, Park Service rangers have been ordered to “make life as difficult for people as we can” during this government shutdown. Obama has apparently decided to punish the American people in order to get leverage on the Republicans. Just check out the following example from a new Weekly Standard article…
There’s a cute little historic site just outside of the capital in McLean, Virginia, called the Claude Moore Colonial Farm. They do historical reenactments, and once upon a time the National Park Service helped run the place. But in 1980, the NPS cut the farm out of its budget. A group of private citizens set up an endowment to take care of the farm’s expenses. Ever since, the site has operated independently through a combination of private donations and volunteer workers.
The Park Service told Claude Moore Colonial Farm to shut down.
The farm’s administrators appealed this directive—they explained that the Park Service doesn’t actually do anything for the historic site. The folks at the NPS were unmoved. And so, last week, the National Park Service found the scratch to send officers to the park to forcibly remove both volunteer workers and visitors.
Think about that for a minute. The Park Service, which is supposed to serve the public by administering parks, is now in the business of forcing parks they don’t administer to close. As Homer Simpson famously asked, did we lose a war?
The hypocrisy that Obama has demonstrated during this “government shutdown” has been astounding.
He has barricaded open air war memorials to keep military veterans from visiting them, but he temporarily reopened the National Mall so that a huge pro-immigration rally that would benefit him politically could be held.
He has continued to fund al-Qaeda rebels in Syria that are trying to overthrow the Syrian government, but he has been withholding death benefits from families of fallen U.S. soldiers.
The conduct of the Obama administration during this shutdown has been so egregious that is hard to put into words. Obama has chosen to purposely harm the American people in order to score political points.
But this is how our politicians view us these days. As Monty Pelerin recently explained, most of our politicians have absolutely no problem with exploiting us for their own purposes…
The concept of political service has been replaced by that of masked exploitation. The public is no longer viewed as clients or constituents to be served. Instead they have become political prey. Politicians see the public as a collection of wallets and votes, fair game to be hunted as the means to expand power and wealth. Constituents are now the Soylent Green of the political food chain.
The political class assumes the public exists to serve them, not the other way around. Public participation beyond the lightening of wallets or the provision of votes is unwelcome. It is considered “interference” that must be deterred by the ruling class.
The political class is now a huge, voracious parasite. Like the plant in the Little Shop of Horrors, its needs have grown to the point where it threatens anything productive. Its needs now exceed the willingness for continued sacrifice on the part of the productive. The parasite threatens the very existence of the host.
The political Ponzi scheme of tax, borrow and spend has reached its limit. Either it will die when citizens turn on it or it will kill the productive, ensuring its own destruction.
It perishes in the end. Whether it takes civilization with it is the bigger question.
Is there anyone out there that still does not believe that our system is broken?
Hopefully cooler heads will prevail and power mad Obama will decide to toss the Republicans a few crumbs and this crisis will be resolved.
Because if this crisis is not resolved soon, it could have consequences that are far beyond what any of us could possibly imagine.