The Beginning Of The End
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The Number Of Private Sector Jobs Fell By 278,000 Last Month But The Economy Is Getting Better?

Barack Obama Oval OfficeHave you heard about the "wonderful" employment numbers that were just released?  Last month, the unemployment rate declined to 7.3 percent.  Somehow this happened even though the percentage of working age Americans with a job actually declined and the number of private sector workers fell by 278,000.  So how did the federal government magically produce a drop in the unemployment rate even though less people have jobs?  Well, they did it by pretending that more than half a million Americans "dropped out of the labor force" last month.  If the government is to be believed, the number of Americans that want to work dropped by an astounding 516,000 in a single month even though the population of our country is constantly increasing.  The federal government continues to feed us absolutely absurd numbers month after month, and at this point "the official unemployment rate" is essentially meaningless.

But that doesn't mean that Barack Obama is about to drop the charade.  In fact, he continues to insist that the economy is getting better.  The following is an excerpt from one of Obama's recent weekly radio addresses...

Over the past four and a half years, we’ve fought our way back from the worst recession of our lifetimes. And thanks to the grit and resilience of the American people, we’ve begun to lay a foundation for stronger, more durable economic growth.

Oh really?

Does he actually believe that anyone is still buying what he is saying?

The cold, hard truth is that the U.S. economy has not recovered while Obama has been in the White House.  If you doubt this, please see my previous article entitled "33 Shocking Facts Which Show How Badly The Economy Has Tanked Since Obama Became President".

Since World War II, the percentage of working age Americans that is employed had always bounced back dramatically after a recession ended.

Unfortunately, that has not happened this time.

As you can see from the chart posted below, the percentage of working age Americans with a job has stayed below 59 percent since late 2009.  This chart reflects the most recent employment numbers...

Employment-Population Ratio 2013

So where is the recovery Obama?

Can he possibly put a positive spin on the chart above?

Of course not.

The truth is that the official unemployment rate should still be up around 10 percent like it was a few years ago.

But that wouldn't make Obama look very good, would it?  So the U.S. government has been pretending that millions upon millions of Americans have been "leaving the labor force".  This has pushed the labor force participation rate to a 35-year-low...

Labor Force Participation Rate

At this point, we have more than 90 million Americans that are considered to be "not in the labor force"...

On Friday, the BLS reported that the 90,473,000 Americans not currently in the labor force marked the first time the figure exceeded the 90 million threshold.

In January 2009, when President Obama first took office, there were 80.5 million Americans 16 years and older not in the labor force, meaning the number of Americans not in the labor force has increased 10 million during his presidency.

For men, the BLS reported the labor force participation rate, the percentage of the population working or considered looking for work, was 63.2 percent in August, basically unchanged from 63.5 percent in July. It’s also a record low.

How low can that number possibly go?

Meanwhile, the quality of our jobs continues to decline rapidly as well.  If you can believe it, at this point more than 40 percent of all U.S. workers actually make less than what a full-time minimum wage worker made back in 1968.

As a result, the U.S. middle class is steadily dying.  The following is from a recent Yahoo article...

It’s the elephant in the room no one wants to talk about…

The middle class in the U.S. economy is on the verge of collapse. Yes, I said collapse. That social class that once helped the U.S. economy grow and prosper is coming apart. Will the U.S. economy ever be the same without it or is this the new norm?

For much more on this, please see my previous article entitled "44 Facts About The Death Of The Middle Class That Every American Should Know".

And unfortunately, things look like they may start getting a lot worse for ordinary Americans.

There are a couple of major events which could potentially cause our economic decline to accelerate greatly in September...

#1 Fed Tapering

Right now, there is not much demand for U.S. Treasury bonds.  Foreigners have become net sellers of U.S. Treasuries and domestic demand has become quite weak.  Without the Federal Reserve buying up tens of billions of dollars worth of U.S. Treasuries each month, where will the demand come from?

That is a very good question.  If the Fed starts to taper quantitative easing in September, that is almost certainly going to send bond yields soaring.  Already, bond yields have been rising steadily, and if they get too high it is going to be absolutely disastrous for the U.S. economy.

#2 War With Syria

If the U.S. attacks Syria, it will likely cause financial markets all over the planet to descend into chaos and send the price of oil skyrocketing.

And that assumes that the conflict is limited to only the United States and Syria.  If Syria decides to retaliate by launching missiles at Israeli cities, that will set off a major regional war in the Middle East and the consequences for the global economy will be off the charts.

So as bad as the U.S. economy is right now, the truth is that things could easily get much, much worse.

Let us hope for the best, but let us also prepare for the worst.

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  • MichaelfromTheEconomicCollapse

    How does the employment situation look in your neck of the woods?

    Michael

    • SafetyViking

      As I stated below Michael, I work on the road at both power plants & refineries, but as far as the economic situation in the Pensacola area: US Navy is the largest employer around here, followed by the Navy Credit Union. The balance of jobs are either beach/seasonal, service sector, or low end (i.e.- Walmart, fast food, etc).

      DEFINITELY a dividing line between have’s & have-not’s.

    • 2Gary2

      walker has done his best to ruin WI. He is way behind on his promise of 250,000 jobs. He can blame Obama all he wants but Obama is also president of the surrounding states who are beating the pants of walker and his policies.

      • Syrin

        Every economic metric improved after Walker. Your blind no information fanaticism and greed won’t be missed once you perish in the near future. Remember, dumb a$$e$ like you voted for what’s coming.

        • 2Gary2

          typical conservatives-never let a fact get in your way.

    • https://www.facebook.com/beth.s.owens1?ref=tn_tnmn Beth

      great here! Perhaps I set the bar kinda low…average start pay around 9-10 an hour, limited benefits, I hate to say this but I suppose you could “make” more by being on gov. assistance….but ya know, I’m old school. I think safety nets are only for those who desperately need it. Otherwise I believe that one should have integrity in working and being part of a community.

  • Round Objects

    Great here in Australia. My son is doing an apprenticeship in construction and in July next year the government will give him $20k towards tools, car, work related stuff, with four years to pay it off. If he completes the apprenticeship he only has to pay back $16k. Not bad for a 17 year old.

    • glamandvamproundthetree

      Is it hard to immigrate there now?

      • ZipR22

        Good to hear, Current US employment not so great

        Layoff List
        Dailyjobcuts com
        -

      • SafetyViking

        Having worked with many Aussies in Saudi Arabia recently, yes it is…I asked. And the income tax there is brutal. (That’s why they work tax-free in Saudi.)

    • Adrian

      Not bad at all. Australia, Canada, and W Europe are still functioning democracies. US isn’t and hasn’t been for some time. What do the Aussies think of the US police state? Do they think we’re still even a democracy, or do they joke about what has befallen us? I know many Canadians do, just curious as to the views of the common person in Australia, etc.?

      • Seamus Finn

        We, Canadians, don’t joke about it. We find it sad and… threatening.

        • Adrian

          Yes, that is exactly what I hear from Canadians. I perhaps worded my above statement too carelessly, as it’s really no laughing matter, for Canadians or Americans.

      • Round Objects

        The common person in Australia is unaware of what is happening anywhere in the world, to isolated from reality.

      • seth datta

        UK is more messed up than the US. Its like living in a real life version of 1984, except there is more general wealth (disappearing fast).

        • Adrian

          Yes, I think that when the US goes, it will take many of its Euro toadies along down the drain with it, simply because they are unwilling to detach themselves from their master and give the EU some real balls.

    • Tom_F

      @Guest, “the government” isn’t giving your son anything. The taxpayers who earned that money and turned it over to the government are the ones giving your son all that

      • Round Objects

        I beg to differ. Australians voted for a new government on Saturday, one of their commitments was to do what I stated above. When my wife cooks a meal the kids thank her, not me, even though I was the one who provided the food.

        • Tom_F

          @round objects, sounds like the old Australian govt gave your son the taxpayer’s money, not sure what Saturday’s vote changed. Your kids sound polite, unlike the govt that simply redistributes the money earned by others, your wife is actually putting in labor and skill to create something of value. I hope your kids eventually learn that you are the one who went off to work to earn money to pay for the food they eat, the table and plates they eat on, and the house in which they eat and sleep.

    • Thoughtdodger

      This is why your socialist government fell. Kids today want it all now and have others pay for it. I have one tool box worth more than $20,000 payed for it all no help from government. This sense of entitlement has got to stop ,no government can afford this. I am semi retied at 62 and have not taken one penny from government even when I was technically entitled and told them so. I don’t want money from others. Not against giving to others but at least let it be my choice. I have been around farms, trucks and boats all my life and never needed the assistance of government, in fact they get in the way of good business practices.

  • glamandvamproundthetree

    In Utah where I’m finishing up my seasonal job in a few more weeks it’s a mixed bag. Unemployment is under five percent here and there are jobs – it’s just that they don’t have benefits, or pay well for the most part, or are P/T only. I’m going back to Arizona in October and things are yet worse there. I think this is the new norm and I am thinking of finding some way to find a sideline income as it seems you can’t count on working for someone else for much these days. And it also seems as if you can be let go for sneezing too loud. This is not the America I was hoping we would get under Barak Obama, things seem to have permanently changed for the worse…..

    • K

      Glam, research your ideas carefully. There are a lot of scams. And even some very good ideas, will not work in a down economy.

    • Adrian

      Welcome to Democracy Incorporated…the corporate state. Read Sheldon Wolin’s great book. He recognizes the situation perfectly.

    • MeMadMax

      It’s the “norm” because this has gone on for so long, and this administration doesn’t give a crap…

    • texas_4_ever

      I hate to kick you when you are down, glamvamp –but we told you so.
      We tried to warn everybody

    • seth datta

      Brzezinski, the former national security advisor, said in his 1970 book ‘the technotronic era’, that Americans and the like would participate in an informal economy in the post-industrial society. He explicitly stated that more youths would be taking drugs and that black market activity would supplant people’s incomes. Knowing that all of this BS has been planned and implemented by power-hungry traitors makes this situation much worse.

    • Syrin

      Hey buddy, you voted for it so enjoy it. The no information voter, the college indoctrinates, all Obamanation.

    • egrheaultjr

      I will let you in on a secret Any time a Politician opens his mouth he or she is lying to get elected..If you want a good paying job with full benefits go to DC and go to work for the Government even now they have snuck a 3% raise for their selves so inflation don’t even bother them. If you voted for O then you are getting what you voted for.

    • Dryheaves Daily

      This started under Regan and before. technology has made it evolve quicker. Obama is a puppet for the plutocracy and so was Bush and Clinton et al. How did Clinton and Gore leave office and are now worth hundreds of millions each? Book tours? I think not.

  • Rodster

    Here in SW Florida most jobs available are as what you would expect which are low wage and part time. I’m self employed but I tend to keep an eye out for that stuff because it affects my business.

  • Bill

    In the Finger Lakes area of Upstate NY things stay about the same. A slow steady decline in the general economy is masked by our tourist industry. That is probably why most people seem to be complacent about the overall direction of the economy.

    Complancency is a norm that has also consumed our nation when it comes to correcting the problem. In short, IMHO impeachment for everything inside the DC Beltway along with a new banking system is what would get America on the right track.

  • Tobias Smith

    we are rich and pay all our bills. libs are working hard to destroy the USA, we are watching the fall of the roman empire. everyone knows that libs are the bane of our existence. spare me the Bush comments, you trolls

    • Adrian

      Funny. Tell us which liberal policies you’re referring to. Wall Street got a handout from uncle sam, but not the people. Unions are destroyed, and Obama did nothing. No economic stimulus for main street, only the banks and big corporations were bailed out. Obama’s cabinet was full of wall street/Goldman Sachs bankers. The MIC is thriving, while everything else is being dismantled. I guess your version of liberal differs greatly from mine.

      • Tobias Smith

        I’m rich and you are not, who cares? liberals like gayvegetarian are useless trolls. liberals on the whole are scumbags

        • Adrian

          Well, I’m not a liberal, I’m a socialist, and I don’t put myself into the liberal camp. What you don’t do is respond to my challenge, and instead use ad hominem attacks, which is very clear that you haven’t a clue as to what you’re talking about. If you want to try to refute what I’ve said, have at it. If you’re unable, your argument has been defeated.

      • Dryheaves Daily

        This is not about liberal or conservative. This is about a plutocracy which started way back

        • Adrian

          I completely agree with you.

      • kfilly

        Actually, fascism is a liberal ideology. The liberals in this embraced the ideology when Hitler was in power. The left distanced themselves from the ideology when Hitler started killing people, and they labelled fascism as a right-wing ideology. People bought the line hook line and sinker. Furthermore, Hitler was a leftist. The German people as a whole were more conservative at the time which helped sell the illusion. So, fascism is a left side ideology.

        • Adrian

          Actually, you are completely incorrect. There have been volumes of books written on fascism since the 1920s and 30s…and if this is what you think in light of such scholarship that is available to you, I am not about to start trying to educate you now.

        • ian

          completely false.

        • ian

          try reading Mein Kampf and point out the liberal policies therein.

        • Gay Veteran

          Hitler came to power in a CONSERVATIVE coalition

    • Gay Veteran

      troll

      • Tobias Smith

        gay veteran is a troll

        • Gay Veteran

          poor toBIAS

  • markthetruth

    We have become the tank of water for the big Fish to swim in, and when their done Crapping in us they just drain us down the toilet and flush it, and get a clean tank of water to crap on. We are only good to them until they used us and get a new tank of water. They know there’s still clean water left for them to crap on before it’s over !!!

    the end…

    • davidmpark

      From the manure of adversity comes the sprouts of wisdom and knowledge.

      • markthetruth

        All depends what was eaten and ends up in the manure .

        the end…

        • davidmpark

          :)

    • texas_4_ever

      This is what happens when people don’t show up to vote on election day.

      • Adrian

        You still think elections matter? Man, you’re 3 steps behind the curve!

        • Libertymike

          Good to see you, Adrian.

          • Adrian

            Thanks, how do you know me? I don’t recognize the name.

          • GSOB

            What’s your 20?

            I’m in Aurora Colorado, East of Denver

      • Dryheaves Daily

        I havent voted since Carter. Very simple. Voting for the lesser of 2 evils is still voting for evil.

    • seth datta

      I’m pretty sure they know there is no clean tank of water left. That’s probably why Ted Turner, when he comissioned the Georgia Guidestones, specifically stated to reduce humanity to 500 000 people from the 7+ billion we have today. America is to be reduced to 100 million by 2050. Considering the population size and mass immigration today, one doesn’t even want to think about how they are going to achieve that…

      • markthetruth

        Obama Care !!!

        the end…

        • seth datta

          I’m a UK citizen in the US. It made more sense for me to be a physician back home as Obamacare reimbursements and rules would ensure I would go broke as a family practitioner in the US. Medicine is run as a cartel everywhere and there is no extra funding for new doctors needed for the Boomer generation, which has a great number of people with healthcare conditions.

          As such, less doctors per person + lower reimbursement + Fascistcare = only the rich get seen and the poor can go sod themselves. This is sick. Not to mention Big Pharma and Big Insurance running this sick scam and driving up healthcare costs.

          • egrheaultjr

            It one of the small problems that Obammas health care has overlooked so now we get 30 million more with Insurance BUT where are they going to find the doctors and Hospitials that are going to take them?, We are short of Doctors in the US now Velly Interesting eh.

          • Dryheaves Daily

            The act is a good act in a few places but the insurance companies and pharma companies basically wrote most of it other than the pre existing condition clause and no more 1 million dollar cap.. Look at the stock of insurance companies once obamacare was law. they went parabolic. Screwed again. Welcome to Rome.

          • Dryheaves Daily

            That is why the family doctor will be history and the nurse practitioner with a computer will be able to get all the info needed from BIG DATA. A nationwide pharmacy already has nurse practitioners. @ years masters program and you can become one.

          • fred flinstone

            the obamacare scam is the biggest fraud perpetrated on any population anywhere at any time. This is the biggest Ponzi scheme to come from the govt or anywhere else. it will and has killed jobs, but you see it is set up to fail, it is set up as a trap to suck peoples bank accounts dry, before it came along I had never seen such outrageous deductibles. When on the govt scam site you have to tread carefully to avoid being trapped into it, but I did manage to get a ins quote that was comparable to what I have now, it would have cost me 800+ per month with a 13000 dollar deductible. Outrageous is what it is.they say it is for the poor, well I don’t see how the poor can afford it either. I know they were counting on the young members of society to come into the scam in droves and their higher premiums would pay for the whole system but this hasn’t happened. Because of it many employers have reduced their employees to part time to avoid penalty.it has shut others down.it also has driven many from the medical field and caused many to operate on a cash basis only.it drives up the cost and delays quality healthcare in every form. I will be glad when it goes bottom up for good. then there are those out there who want the likes of Hillary Clinton in the white house all she would is tweak obamacare and rename it hillarycare which is one of her lifelong wet dreams. But the problem with that is she is so vindictive against her enemies that she would gladly push all the nuke buttons. And the diff would be right now the probability of some fed coming and hauling your but off is still a possibility but then it would be a certain reality. There is nothing wrong with a woman pres but lets get the right as possible one we can .evidently our govt doesn’t learn from the glaring examples either from history or current real time examples of socialist and communist govts failure to produce anything but total oppression and mass unmarked graves. We need to stop idolizing the person up for election to the highest office in this land. We need to base their qualifications on them actually being qualified for the top job, we need to take a closer look at their inner character and this is not hard to do, we need to vet them better and not allow the liberal media to elect them over the people electing them we need to question and not rest until we get a real answer and not political speak which avoids all honesty. But now it may very well be too late, we were warned but chose to ignore all the warnings.

  • SafetyViking

    It’s pretty simple actually….

    ANYTHING this government says is BS. Ergo, I don’t get too bent out of shape about the nonsense they spoon-feed the befuddled masses.

    • seth datta

      The UK is the same; politicians are all liars who have been bought off by the rich.

    • markthetruth

      That not true, i believe when they call each other Liars !!!

      the end…

  • SafetyViking

    As a Project Safety Manager, I’ve worked on the road for 15+ years; both in the US & overseas. Basically, I outsource myself as I live in NW Florida & the pay around here isn’t worth getting out of bed for. I sacrifice time with my family, yes, but make six figures.

    • Dryheaves Daily

      I did that for 2 years never being home working on the road. I had to quit because life was unbearable without my family and I would have turned into a raging drunk…. We are slaves to the money and then we die.

      • SafetyViking

        Yes; I see that happen to colleagues all the time. One is either suited for it or they aren’t.

    • Dryheaves Daily

      Is it really worth it. On your death bed you wont be talking about all the money you made but the but the birthdays and anniversaries and the family time you wish you could have had and would have done over if given the chance. 5 months of your pay goes to the gvt as it is. Is it really worth it? For me it wasnt. I saw my child every day and he is a better person because of it. I know it. I am not putting you down one bit. I dont know your circumstances, but in the end we all turn to dust and no one will remember us in 2 generations. good luck to you sir.

      • SafetyViking

        Yes it is. I respect your opinion…as I have respected the opinions of those who have tried to do the road warrior thing and discovered it wasn’t for them.

        Some of us were just born with a vagabond streak & relish it. I’m doing exactly what I want to do, living my life as I see fit, and being compensated well for it.

        My one child is grown & has a life of her own. My wife & other ‘child’; our German Shepherd, travels with me most of the time, so from my perspective, life is good.

        I hope -you too- find the balance that works well for you.

  • K

    Economy around here N.E.TN. is on a knife edge. People are barely making ends meet. Rural and spread out, means they are slaves to the price of gasoline. If Syria jumps off, most of them will be out of work. I have seen what 4 dollar gasoline did last time. It will be the same this time.

    • seth datta

      Time to get out the rope and stout planks for your local Congressman/woman.

    • Mark OH

      As usual, the US manufacturers will be a day-late and a dollar-short:
      The Chinese have thousands of small $8000 cars that get 60 miles per gallon or more in containers –ready to ship. They are just waiting on $5.00 a gallon gas.

    • dabron

      Sounds like a good time to get the moonshine still operating again. works for the car or truck as well as the spirit.

  • zerzura

    In NYC things seem to be going full steam ahead. It’s like being on an island in a sea of malaise. Maybe because it’s an international city? There are also a lot of young, start-up tech firms here and if you are a software person you can make a decent living. The only problem is housing is so expensive here. A young guy or gal needs to have 2 or 3 roommates just to rent an apartment. I even hear of married couples having roommates. Forget about single family houses. There beyond the reach of most people. Even in the outer boroughs we’re talking $800,000 to $1,000,000. for a decent house. NYC is definitely not middle class friendly. And we have this elitist mayor Bloomberg. He basically want’s to make Manhattan a gated community for the ultra-rich. There are also a lot of european tourists. I don’t know where there getting there money? I thought Europe was in bad shape?

    • Dryheaves Daily

      The rich are buying up properties in Manhattan like crazy sight unseen in many instantiates and don’t even live in them. These condos going for between 1,000 and 6,0000 per sq ft are nothing but safety deposit boxes for foreigners who dont trust their monies in their countries and see us as stable. Thats a joke.

  • davidmpark

    Right now, on top of everything else I’m doing, I’m fighting city gov to get many of the laws and ordinances overturned (at least subjugated) that are the root cause of the economic downturn.

    I live in Utah, and they are an interesting sort. Around here; image is life. The image of a thriving economy where the state and local gov’s claim low unemployment. But they are playing with news-speak; many cannot thrive here anymore.

    There are two areas that I’m fighting my city, county, and state on: raising small livestock in residential areas (non-commercial urban agriculture) and the right to work productively as a commodity-to-product based DBA without the coercion and guile of city fathers to stop me.

    Without these restrictions, I’m sure there are a lot people that could thrive better and possibly start corporations because of the easier learning curve a DBA provides. If these can get overturned and oversight weakened to just prosecuting harm by toxic or poorly-made products; there would be more wealth created at people’s home to supplement their incomes by working outside the home – increasing their ability to make larger purchases on cash; not credit. This would create a competitive element, possibly an alternative to the welfare system and boost the local economy with freed up budgets.

    At least, that’s what happened in our home when we were doing home production and storage on the sly. We were better able to live with the small amounts on EBT due to our gardens and livestock. And utilizing the wastes produced on-premises created another income-by-savings stream; increasing our ability to use the small paychecks to get bills covered.

    This is what local gov’s are stifling and outlawing – for no purpose other than to say “we are powerful, and your money keeps us in power.”

    This is what we get when we elect image-only pretty boys who never toiled or faced harsh adversity in their lives.

  • Adrian

    It’s simple what has been happening. 1) Corporations have reached the unregulated monsters that they are by buying out our government, merging with the state, hence, fascism. 2) With globalization, corporations are no longer loyal to their state of origin; the world is now their playground, and their message is exploitation and usury. 3) Good-paying jobs are being surreptitiously replaced by service sector-type jobs with few/no benefits, low pay, and no worker protections. After all, Reagan and those coming after him destroyed the unions. Not even the Democrats pretend to be pro-union anymore. Underemployment is now the norm, and decent jobs are being replaced with crappy ones. 4)To prepare for the coming chaos, government has been militarizing police, destroying the bills of rights (1st, 4th, and 8th amendments are now gone, others soon to follow…nobody notices/cares/realizes), running trial runs/beta tests for martial law (bastion), finding that it was far easier and popular than they’d hoped. I’m not so sure the economy will collapse as much as it will continue to deflate over time, leaving the charade of a thriving economy for all, but the quality of life for more Americans will decline. Those that realize it will protest and be crushed under the corporate jackboot. Is there a way to avoid this? I see no signs of it whatsoever.

    • smallergovnow

      Unions are the problem.

      • Adrian

        Not when you see that when unions were strong, we had much better standards of living in this country. Earnings increased, workers had better bargaining power and rights, and with higher paid workers the money went back into the economy. Well, just read this article for a description of how the average worker fares today. Germany has strong unions, and they are the economic powerhouse of Europe.

        • Douglas M. Green

          Unions helped initiate the ponzi scheme benefits that are now reaching the limits of sustainability. Also, union leeches couldn’t kill the host when we had cheap, abundant oil, no competition from abroad and way, way fewer regulations on businesses. Cheap oil is gone and onerous regulations are costly and too slow to make business inception feasible, especially with higher taxes on small business owners.

          • Adrian

            Ok, believe what you want. The real Ponzi scheme is American capitalism. I am not going to try to convince fools sitting in a pot slowly cooking that they’re about to get boiled alive. If you don’t realize it by now, good luck!

          • davidmpark

            Define capitalism, please.

          • Adrian

            There’s a difference between traditional capitalism as it was understood for the last 200 years, and American capitalism of today. The former was understood as a community of people understanding the benefits of division of labor, each person focusing on what he did best and trying to market these skills or produced goods. There really was no powerful government in the picture, and people were largely self-sufficient. This changed as industrialization took off, forcing mass migrations from land to city, and turning self-sufficiency into mass dependency on those few owners of the means of production. As corporations grew, merging with others like tiny blobs of mercury, forming ever larger blobs, they realized they had the power to buy out the largest obstacle to its profits: government. This has been done, and for decades government has used public funds on R&D, which it then sells to private industry, which then gets a patent on it and markets it as its own. Corporations are heavily dependent on government to survive, and capitalism would have failed a hundred years ago had it operated in its purest form, and government did not bail it out when it becomes unstable. Now, capitalism has become bastardized, with lobbyists paying off gvt officials to eliminate the last few checks on corporate power. Also, see how dependent the state has become on the surveilnce mechanisms of corporate power. Capitalism no longer operates as it was intended, and perhaps never did. It is in its end phase, as resources are growing scarce, so it must tighten its grip on government and use its coercive arms to keep tighter control over its civilian workforce. That’s how capitalism operates today, in its end phase. Adam Smith has been rolling over in his grave for some time now.

          • Gay Veteran

            the merger of state and corporate power is called fascism

          • Adrian

            Correct. There are so many people here who crack me up and call Obama a Marxist, etc. I just wonder how far someone has to bury themselves to be THAT out of touch with the reality of the last several decades, not to mention the last several years, where the acceleration towards total corporate and state domination has been intensified.

          • Gay Veteran

            4 words that prove we do NOT have capitalism: Too Big To Fail

        • Syrin

          Unions have caused EVERY state in the union into virtual bankruptcy because the states have TRILLIONS in obligations in pensions that they cannot fund. Unions are why manufacturing left America for overseas where labor did not over price itself. Sorry, basic economic reality proves you wrong. Germany is massively in debt as well. The strongest leper is still a leper. The unions struck a fatal blow from which we cannot recover. You’re argument is along the lines of, “If the knife in the heart is the problem, why aren’t we recovering after we pulled the knife out of the heart”.

          No information voter. Obama’s best friend.

          • Adrian

            More nonsense. The war on unions began in the late 70s/, early 80s. By the late 80s, outsourcing began, and was accelerated under Clinton with NAFTA and this broad acceptance of globalization. Union continued to shrink, and outsourcing accelerated, which damages your hypothesis that unions ran out the corporations. Now, had unions been growing stronger rather than weaker during this period, only then could you perhaps make your argument with a straight face. Funny how you speak of unions bankrupting this country!! 25% of huge blue chip corporations pay ZERO federal income tax, despite earnings in the billions. Now THAT’S what’s bankrupting the country! Oh, and then there was the deregulation of speculative banks under Clinton as well, which led to the 2008 crisis, and government bailed out the financial sector to the tune of $ 12 TRILLION…now that’s real bankruptcy, my friend. Not to mention 12 years of the Bush tax cuts, which has starved these states of revenues. Don’t worry, that was all part of the Grover Nordquist plan of shrinking the redistributive sector of the federal government to where it could be drowned in a bathtub. No, unions were not the cause of corporations leaving, the corporate realization that 3rd world peasants could be paid slave wages was the real culprit. Why don’t you blame food and drug safety laws instead of unions as forcing corporations away…it makes about as much sense!

          • Gay Veteran

            totally agree!

          • Gay Veteran

            “… Unions are why manufacturing left America for overseas where labor did not over price itself….”
            corporate bootlicker, the corporations shipped the jobs to countries that have near slave labor conditions

    • seth datta

      This has been the decades-long plan of the ‘financial elite’ aka theiving banksters. They monopolise the oil, food production, security services, healthcare and ultimately money-production. Via this strategy, they can control populations and introduce us to slavery once more.

    • Gay Veteran

      great comments!

  • jaxon64

    Obamanomics: less is more and more= less……..
    ( more people without jobs equals less unemployment??)

  • cowman

    Come to West Texas Oilfields service jobs ,medical,
    construction 6 major construction projects oilfield will hire you, you can work 2 weeks on 2 weeks off. they will train you lots of jobs 50 to 70 thousand per year if you will work the sky is the limit. Only problem is housing very short many people living in RV’s and hotels . The same situation is avalable in South Texas Come to Texas and WORK!!!

  • jaxon64

    Another comment–Obama’s comment on his weekly NPR propaganda stated–from his own lips–that “after 4 1/2 years” “we have BEGUN TO LAY THE FOUNDATION” ( not yelling, just wish we could use bold or italics)…
    So after 4 1/2 years we have only just begun with the foundation??? Really??? Even if this were true it has got to be the worst bounce back from recession ever–only the Great Depression showed slower return. This more than anything else should teach us that we are actually living at the high end of normalcy now. It only is going to go downhill from here. If this is recovery, imagine what another moderate to large “recession” will look like….crud, better go buy another 50 lbs of rice and 50 lbs of beans…

    • Dryheaves Daily

      stock up on Metamucil also and twinkies now that the workers were robbed of their pensions and a new firm came in. Aint America great?

  • markthetruth

    As we are amazed by evolution of reality TV , Sports and the Rapid progress of the tech World , the tech gadgets sold to us have a short life and are disposable and Addictive beyond what we think. As goes the jobs as they are also having a shorter life and are also disposable and come with no Warranties anymore. We have double crossed ourselves with technologies as there main purpose is to reduce Costs and Raise Profits and are moving at a pace of doing our jobs and we are becoming less important , and spending our lives on the addictive entertainment world we created and are of no importance to the world except to use it and waste our lives away watching the few other people enjoying their lives as they watch another few as we sit in our Couches Dumbfounded at what is going on !!!

    the end…

  • pissobama

    I believe the term here is Nigonomics.

  • Dryheaves Daily

    we are so doomed and so many cant see it.

    • seth datta

      Wicked elites 1; humanity 0.
      So far…

      I truly believe these are the ‘End Times’ of Revelations, but that the end times span a period of several decades and have been ongoing for some time now. Sir Isaac Newton calculated the date to be 2060. I don’t know about that, but I certainly feel that the pain and suffering that is to come will be lasting many, many years and will not be over quickly.

      • Libertymike

        Why do you think that the suffering will last many, many years?

        • seth datta

          The ‘elites’ have been slow to implement these policies, which have been going on for decades and hurt countless people around the world. They are patient. There still are too many aware and prepared people so they cannot just shove a one-World-agenda down our throats. They have accelerated their activity, but still have a lot left to accomplish.

          Btw, did anyone get the news on us supporting the al-quida rebels in Syria, who stormed the Christian town and persecuted them? So, there is ongoing persecution of Christians + Barack supports the rebels who are doing it. Its sick.

      • GSOB

        That’s Revelation (singular)
        Welcome aboard.

      • Bob Dill

        We still have a ways to go before we get to see the beast, but we are not far away. Here are my reasons. One, the beast needs time to develop better surveillance technology like facial and voice recognition, so that it can monitor us 24/7 with computers. Two, the world will head to an even stronger one world government. We will have to. See technology has made individuals and small groups so much more powerful that anyone can change the world. Some countries will harbor terrorists and we need a one world govt. to stop them. We need a one world govt. to end pollution. Do you see what the beast will sell us? We will give up our freedoms for safety. We will be watched 24/7 as we are now, but even more so. Whoever wins WWIII will probably be the one world govt.

        • Dryheaves Daily

          facial and voice recognition are here. In England for example when one living near London leaves their house they are picked up by surveillance camera at least 400 times on their stroll

    • markthetruth

      People only see what they want !!!

      the end…

      • http://americandictators.blogspot.com/ WarriorClass III

        And if you think Rubio is bad, take a look at the amendments Ted Cruz wanted to add to the immigration bill! He wants to DOUBLE the general worker visa. He wants to increase the H1B visa FIVE HUNDRED PERCENT. In short, he wants every American unemployed and the country over run with foreigners.

        With “conservatives” like Ted Cruz and Marco Rubio, who needs Democrats?

        • fred flinstone

          and the democrats with their sacred obamacare fiasco which is nothing more than the worlds biggest to date Ponzi scheme that sucks the life blood from the American people that are actually working but barely making ends meet, the monthly premium is sky high and the deductible is in the thousands of dollars which in itself is unreachable, if the deductible was within reach it would be more affordable, when a person has to pay that then they don’t need ins they can afford the whole med bill on their own. I agree with your end question, ‘who needs democrats?” not anyone in this country if they are the least bit concerned about getting their freedoms back their country back and the true meaning and implementation of our constitution back.

      • GSOB

        Let’s paint the mirror black then.

    • sherry762

      my Aunty Alexis got an awesome yellow Subaru XV Crosstrek SUV by working parttime from a computer… description w­w­w.J­A­M­20.c­o­m

  • Dryheaves Daily

    I say get rid of the white house staff and all of congress and put in their places the lobbyists.. get rid of the middlemen.

  • Tim

    “Without the Federal Reserve buying up tens of billions of dollars worth of U.S. Treasuries each month, where will the demand come from?”

    Personally, I don’t see how the Fed can taper. Sure, they may reduce monthly purchases by $10 billion or so, but I don’t think they can stop purchasing Treasuries completely. Quantitative Easing is what has enabled the federal government to run enormous budget deficits for the past 5 years. This year’s budget deficit will not be as high as the past four fiscal years’ deficits, but the cumulative budget deficit as of 7/31/13 is bigger than any annual deficit prior to fiscal year 2009.

    The federal government is out of borrowing authority, and the statutory debt limit will have to be raised very soon. It will be raised. There is no question about that. And it won’t take long for the the new limit to be reached because we have a spending problem, mainly with regard to social insurance programs. The federal government has promised way more than it can pay in entitlements. But making the necessary changes to those programs would be political suicide, and the politicians in Washington know it. But how much longer can this go on before our creditors say “Enough”? That would truly be cataclysmic.

    • Toodles

      Boehner is a disgusting individual and Eric Cantor is his prophet.

  • libmenlickothermen

    as usual, nothing is wrong with economy

  • 2Gary2

    Think of it like this… the word conservative is defined as “unwilling
    or unable to change” … what they are conserving is pure evil and they
    are unable to change even when it is in their own best interest so they
    have to defend it to the bitter end no matter how evil it is.. it is
    also why you have to be a congenital liar if you are a conservative, you
    have to lie to protect something that is indefensible…. you do not
    have to lie to get people to do good… but you do have to lie to get
    them to do evil…. unless they are republicans of course.

    • Tom_F

      @2Gary2, nobody but you defines the word “conservative” as you did above. Your ‘straw man’ is right out of a Jr. High debating club. Good luck with that.

    • libsareracist

      liberal must translate as “fool who despises himself”

  • http://shadowedforest1000.wordpress.com/ William deB. Mills

    One of the fundamental hypotheses of social science is that a vigorous, comfortable, well-educated, usefully employed middle class promotes democracy. In contrast, an impoverished population will, according to this hypothesis, be forced to accept whatever bribes the regime offers in return for staying out of politics (which it will only think about at the point of utter desperation).

    If you are a billionaire and believe this hypothesis, would you stimulate the growth of middle class jobs and fund education and protect homeowners from fraudulent foreclosures?

    Such policies would only produce a population of troublemakers who would insist on sticking their noses into politics, demand civil liberties, support transparency in government, oppose the wars of aggression that are so profitable for our ruling billionaires, and make fun of pompous politicians!

  • DJohn1

    What a Syrian War will accomplish is the government now has a ready decoy to blame everything on. The economy collapses? Well it is the war effort doing the damage.

    What everyone fails to understand is that for years the draft has been inactive. People still register but no one is drafted. My question is if we use up our professional military people, what makes anyone think that the draft will not come back in all its ugly discriminatory law?
    The thing is a dinosaur. It should have died years ago. It is a tribute to the law that they were able to maintain it years back despite all the obvious holes in the law. So no matter how discriminatory it is this bunch will want to apply it and they literally own the courts.

    I predict it will come back. I predict that anyone of any age will be drafted back into service even if you are a veteran and have not served in many years.

    I would not put anything past this government doing. This government has all ready proven that with Obomination care. Which will hit everyone in the next year or two.
    This government and previous governments do own the courts. And that is a complete disgrace.
    Syria is just the beginning. I suggest these crooks will close the Suez Canal and that will increase the price of everything world wide.

    • texas_4_ever

      “What a Syrian War will accomplish is the government now has a ready decoy to blame everything on.” That must mean that blaming everything on George Bush is no longer working so well for the “President”

  • markohio

    Michael,
    Here in NE Ohio things are definitely not getting better. More and more people in the area where I reside are really aware of this. Their eyes are wide open to the fact things are getting worse. They are just afraid to publicly speak out about that. I just keep preparing for the storm coming on the horizon. And, that storm is unfortunately is coming quickly. Could be the ” Perfect Storm ” per se too. Hold on tight folks. The ride of our lives is truly soon to come.

    • djc

      Another NE Ohioan here and I can vouch that in my neck of the woods, which was once very prosperous, we have been in a depressionary environment even before 2008. Its really bad here as there are no decent jobs to be had-even for highly educated and motivated people.

      djc

      • markohio

        Very true djc. There is most definitely a clear line between the haves and have nots. But, you can also see the people who try to play off on being a have when they too are clearly struggling. Just my observation.

        • djc

          I agree markohio.

          • markohio

            Its quite sad djc. So many trying to keep up with the Jones’ per se. Its literally keeping them up at night. Never a good thing. Keep prepping my fellow NEOH.

      • iceman

        I am here in Minnesota. At the risk of sounding conceded, I have three college degrees, over twenty years of manufacturing experience, six sigma, 5s and inspection experience. 170 resumes sent out and not ONE lousy interview and I am not getting any younger.

        • chilller

          I’ve sent out 800 resumes without results and read of a woman who sent out 30,000 and nada…time to change career fields.

          • iceman

            I would love to! but $43,000 in student debt won`t allow me to work at pizza hut!

          • GSOB

            File bankruptcy dude.

          • iceman

            The few things that I have a loan for are all secured loans, student loan and a heloc loan on the house. I paid off the main mortgage with my brothers life insurance. What’s hurting us is the sky rocking costs of the basics. Thanks for the idea.

          • Dryheaves Daily

            Thats a tough one. Please dont tell me you majored in sports management.

          • SafetyViking

            Hate to say it, but sending out resumes in this day & age is a waste of time & money. The name of the game now, more than ever, is WHO you know, not what you know….

          • iceman

            What happens if you don`t know anyone?

          • SafetyViking

            It’s always possible to meet someone & network a little. It just requires effort. Particularly in this social media frenzy era, people have forgotten the lost art of simply TALKING to someone in person. Of course that depends on your chosen career, but most industries have associations or groups where it pays to get your name out there….

          • Dryheaves Daily

            screwed to the hilt.

          • Dryheaves Daily

            I would think that after getting no response from the 1st 100 you would change tactics. Jobs are to be had if one knows how to get around HR. There role is to keep you from getting a job. A person like you should have a wide and deep network of associates to contact.

  • texas_4_ever

    Back the moving van up and send him and Michele home, now.

  • JG

    Mankind would have gone to the moon 2000 years ago, but collectivist tendencies have always brought mankind down. Though the natural law tenants of religions make social sense, both religions and governments have hobbled mankind for thousands of years.

    To succeed we need to live free and have liberty, that is what made us, and every successful civilization in history work. We must reject the government propaganda.

    Unfortunately, our government is deeply corrupt, and if our citizens follow these corrupt leaders we will be led to failure and ruin.

    Correct, the unemployment number that the government reports is a LIE! It is obvious. Would you expect anything different?

    • Adrian

      Thanks for the laughs…gone to the moon 2000 years ago??? Maybe Jesus would have been our first ambassador to space! LOL

  • Ralfine

    The oil price seems to be rising, too.

  • chris

    Of course the economy is getting better. The media says it is. The liberal government says it is. So it is. They can’t indicate otherwise because it would expose their ideology as a failure. So whatever it takes, yes, the economy is getting better.

    • ian

      what liberal government would that be exactly?

  • http://asouthernwriter.com/ Joyce J

    YES WE CAN… collapse…

  • energizedmortal

    When people have nothing left to lose, they lose it! Gerald Celente

    Times are good compared to what will come. Imagine the world war and anarchy that will follow the economic collapse. People in power can hide in the sky or underground for only so long before they get their just due.

  • Andrew Bulles

    I own a book shop… For the last two years, I have seen an increasing number in the amount of people looking to sell me their book collections. As this increases, I pay out less and less for books. The age of my average seller is coming down to people in their 30′s. Prior to 2011, it was mostly older retirement people downsizing their residence… now, it’s younger people… doubling up in homes with family who need to reduce the burden of too much stuff and books take up space. As for the quality of the books, I am now getting more recent books… lots of sci-fi and art books… coffee table stuff. Before it mainly mysteries and dramatic novels. Also, I’ve seen a decline in my average sale. In the last few months, I’ve seen more people who just want the cash rather than trade for new books to read… tells me that the middle class public is getting “hard up” and needs to extract value wherever they can find it.

    • Adrian

      Not only that, the average American just doesn’t read anymore, sad to say. I am an avid reader and wish we had more small booksellers like you. Those are some of the best bookstores.

      • Dryheaves Daily

        what is an average american because kindle readers are being sold like crazy.

    • Dryheaves Daily

      But, the economy is getting better…. I forget, its getting better in China

  • davidmpark

    If that’s the case, then all the more reason to fight it out. They’re only human after all. And life IS unfair and will remain so – it’s a good thing. If it’s unfair for me; it’s unfair for them too.

    And the Father in Heaven and His Son and our Redeemer Jesus Christ don’t just pass judgement on nations because of personal sins. They get royally pissed off and do it when the poor are oppressed, and there is no recourse set up by those who claim leadership. I’ve already brought it all before the Father in the name of the Son; He will deal with them if this fails.

    See Lev. 25:17, Job 27:13, Psalms 9:9, Psalms 72:4, Psalms 149:7, Prov 3:31, Prov. 14:31, Prov. 22:16, Prov. 28:3, Eccl. 5:8, Isa. 3:5, Isa. 30:12, Isa. 49:26, Amos 4:1, Zech. 7:10, Mal. 3:5, Acts 7:24, James 2:6, 2 Ne. 8:13, 2 Ne. 13:5, 2 Ne. 15:7, 2 Ne. 19:4, Mos. 13:35, Mos. 23:12, Hel. 4:12, 3 Ne. 24:5, D&C 109:48, D&C 109:67, D&C 121:3, D&C 123:3, D&C 124:8, D&C 124:53, and D&C 127:3.

    Wish I knew what He has planned, but it’s one of those times that I really need to trust Him.

    • GSOB

      Every sinner that comes to Christ is actually a gift from the Father to the Son.

      Those who are predestined, the ‘elect’, will come…. in due time.

      When the last one of the of the elect, … listed in the book of life written before the foundation of the world, comes to faith by the Holy Spirit….

      Then, only then. will Jesus Christ will return in glory, power and judgement.

      The End.

  • Hope and Change

    We know what is happening. There is a solution. I understand Andrew Bulles’ comment by the way and am seeing the same things myself.

    This is catastrophic.

  • iceman

    Went to my local Chinamart on Sunday. I was told that they were no longer going to carry ammo anymore! Just too much of a hassle!

  • 2Gary2

    For every WalMart that doesn’t open, we save about one million dollars
    in SNAP benefits, Section 8 and Medicare for it’s employees. Close ‘em
    all down. – then watch the downtowns in this country come back to life.

    • GSOB

      Interesting thought.

      Thanks

  • 2Gary2

    americans have to stop comparing every bad thing to Russia. first off,
    you’ve never been there, have you? second, most americans – and you know
    it – can’t tell you diddly squat about russian history or the
    difference between a totalitarian regime, socialism and communism. and
    lastly, whatever russia is or was, it’s been distilled to a catch all
    word meaning ‘anti-american’. you know what’s anti-american? rich people
    and politicians acting like they’re above us and laughing at their
    summer homes while the rest of us sweat to make ends meet.

  • GSOB

    Every sinner that comes to Christ is actually a gift from the Father to the Son.

    Those who are predestined, the ‘elect’, will come…. in due time.

    When the last of these ‘elect’ enters into salvation by the Holy Spirit….

    then, and only then,

    will Jesus Christ return

    in glory,

    power

    and

    judgement.

    THE END

  • xander cross

    The so called elites are white men that send jobs to china and yet, you dupes don’t call them out on it. White men are to blame for the economic collapse and I don’t feel sorry for white men that loses their money because white men get more money than any other person of color and still complain that they want their country back to the ways of slavery.

    • Guest

      you have serious mental health issues…go get help!

  • Ohio LO

    FED Tapering has already crushed the housing and mortgage markets in the last 6 weeks—
    We saw rates increase a whole 1% in a 3 day period. Refinaces halted, home purchases have plunged. BoA & Wells Fargo alone have announced approx 30,000 layoffs. That’s just two of the hundreds of mortgage lenders out there.

  • Ohio LO

    I can’t believe how much support Obama still has among blacks and hispanics who are suffering with 11% to 14% unemployment and up to 35% among the youth.

  • Ralfine

    Nothing to worry about. Soon you will have another war at hand where you can dispose of your extra population. Or get them sso stressed that they willl killl themselves at home or after discharge.

    In the UK the army is always recruiting, too.

  • Velvet

    Michael, once again you put all the blame on Obama, as if the whole state of the US rest sole upon his shoulders. What about the Do Nothing Congress, that has stood as a roadblock for the past 3+ years? What about past administrations that have set the stage and initiated the economic collapse (ie Clinton’s NAFTA, Bush’s signing onto every Free Trade Agreement that hit his desk)?
    You continue to take the bait and paint Obama as the sole owner of this fiasco, when there are so many others that are equally as responsible through their own actions (and inactions). Obama is simply a puppet. And quite honestly, if Romney were in the white house today, I doubt you would see little difference.
    Instead of jumping on the “Nobama” band wagon, why don’t you put that aside and focus on the people/entities that are REALLY running the show. Expose those people and groups to the light of day, and KEEP them there.
    Every time you put the sole blame on Obama, you’re catering to the lowest common denominator; you’re keeping the focus on the puppet, rather than the one pulling the strings.
    I challenge you to focus on the puppetmaster, instead of the puppet. In the end, you’ll be doing a lot more good for it.

    • jakartaman

      Michael is correct to place most of the blame on our pathological lier in chief.
      He took the leadership of the most powerful nation in the world and through his amateur administration and Ideology turned it into a dependency state. Obama has brought back slavery in the form of his bought and paid for plantation voter

      • Velvet

        Yet you ignore everyone else that’s responsible for the mess. You make it sound like Obama was handed a pristine nation, with no economic problems, in mint condition…and he drove it into a tree.
        That’s simply not the case. Obama is a puppet. He does what he’s told, nothing more. Just like G.W. Bush, and W. Clinton before him.
        Time to stop looking at the puppet and start looking for the puppet masters.

        • GSOB

          “You make it sound like Obama was handed a pristine nation, with no economic problems, in mint condition…and he drove it into a tree.”

          He would have, nonetheless.

  • egrheaultjr

    But But Oslamma won the NOBEL Peace Prize for settling all of the worlds problems, Now he wants to blow Syria off the map, My oh My the people we get in office.

  • Randy Townsend

    In two years, Obama will have a choice to make: He can leave office and do what other ex-Prez’s have done – make a private fortune on speaking engagements and books he didn’t write (oops, he’s already done that one…) OR he can engineer a situation that will allow him to suspend the election and remain in office. The right wing wackjobs think he’ll do the latter, but why would he? If, as this report suggests, the economy is shattered, the smart play is to ride off into the taxpayer-funded sunset proclaiming “It’s Congresses’ fault…”. Either way, the public is in for a beating.

  • 2Gary2

    “Three years before the next presidential election,
    several prospective Republican White House contenders are quietly
    courting senior members of Mitt Romney’s machine”.

    You conservatives are really dumb as a sack of rocks. As I predicted Bush will be remembered as the last republican president ever.

    Why would republicans try to recruit a looser team?

    • Joe Shmo

      Sadly, I think you’re right. I think the “conservatives” will not be elected for at least a generation, and probably longer. Once the dream act is signed into law and all those formerly illegal immigrants can vote, it’s over for personal responsibility. A society of “takers” will result. How can the message of personal responsibility and freedom compete with “free stuff” given by the government, taken from the working class/wealth creators? This society is in its twilight years and very soon, darkness will fall.

  • Adrian

    Does anybody read or listen to Chris Hedges? Like several others, he understands what’s going on perfectly.

    • El Pollo de Oro

      Adrian: Hell, yeah, I read and listen to Chris Hedges. I’ve quoted him many times in my rants.

      “My frustration with self-professed
      liberals is that they’re entranced with the rhetoric of Obama and utterly ignore the facts—utterly ignore what he has done. And what we are seeing is, in essence, a rewriting of the legal code to criminalize any form of legitimate descent. That’s because the corporate state understands very well what’s coming, both in terms of the environmental crisis and the economic crisis—and they want the legal mechanisms to shut it down.”—Chris Hedges

      “The assault on civil liberties, which
      began under the Bush Administration, has in fact been accelerated under the
      Obama Administration. It’s worse under Obama than under Bush.”—Chris Hedges

      “The difference between the old robber
      barons—the Rockefellers, the Mellons, the Carnegies—and the new robber barons
      is that the new robber barons are quite willing to sacrifice the nation for
      profit.”—Chris Hedges

      • Adrian

        Great quotes! I’m glad someone here knows great talent when they hear and read it!

    • GSOB

      Never heard of him

  • Louise in MO

    So, what was it that turned Obama into a warmongering president? Is he the real Manchurian Candidate?

    Haven’t watched one of his speechs in two or more years. Tomorrow night I’ll be watching. He may really be “Rosemary’s Baby.”

  • maddog

    Like it or not, Obummer is the last US president. Nothing he has done from healthcare to war has helped anyone in America. If you look closely it has done nothing but harm the US. Do you really think he is that stupid, and everything has just been a mistake. If Obomber was working alone I would say yes, however when you look at the people around him it is easy to see this has all been planned. The sheeple are the stupid ones. The declining charts above compare with the majority of charts representing decline in America. I can find NONE in ANY area where America is improving.

  • Frank Bell

    The middle class is dying?

    Where did you get this Socialist Propaganda BS???

    • Adrian

      Oh, you know…the usual things that Republicans abhor: facts, statistics, data, evidence.

  • Zach Watkins

    It’s very hard to start a career over the last couple of years. I’ve been applying, applying and applying for law enforcement jobs with little luck since I finished college in 2010. I’d be unemployed totally if it wasn’t for my Uncle Mike, sadly.

  • 2Gary2

    Taxpayers must be getting tired of picking up the tab to subsidize these
    large minimum wage payers. If it weren’t for food stamps, medical care
    and other social services their employees could not continue to work at
    these non-livable wages. The large low paying corporations need to get
    off the dole.

  • Cyber Revengeance

    if so many are out of work. then how are they surviving. Why no ones in street.

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