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The Top 100 Statistics About The Collapse Of The Economy That Every American Voter Should Know

The U.S. economy is dying and most American voters have no idea why it is happening.  Unfortunately, the mainstream media and most of our politicians are not telling the truth about the collapse of the economy.  This generation was handed the keys to the greatest economic machine that the world has ever seen, and we have completely wrecked it.  Decades of incredibly foolish decisions have left us drowning in an ocean of corruption, greed and bad debt.  Thousands of businesses and millions of jobs have left the country and poverty is exploding from coast to coast.  We are literally becoming a joke to the rest of the world.  It is absolutely imperative that we educate America about what is happening.  Until the American people truly understand the problems that we are facing, they will not be willing to implement the solutions that are necessary.

The following are the top 100 statistics about the collapse of the economy that every American voter should know….

#100 A staggering 48.5% of all Americans live in a household that receives some form of government benefits.  Back in 1983, that number was below 30 percent.

#99 During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office.

#98 Since Barack Obama was sworn in, the share of the national debt per household has increased by $35,835.

#97 The U.S. national debt has been increasing by an average of more than 4 billion dollars per day since the beginning of the Obama administration.

#96 It is being projected that the U.S. national debt will hit 344% of GDP by the year 2050 if we continue on our current course.

#95 The Congressional Budget Office is projecting that U.S. government debt held by the public will reach a staggering 716 percent of GDP by the year 2080.

#94 In 2010, the U.S. government paid $413 billion in interest on the national debt.  That is projected to at least double over the next decade.

#93 According to one new survey, one out of every three Americans would not be able to make a mortgage or rent payment next month if they suddenly lost their current job.

#92 State and local government debt has reached an all-time high of 22 percent of U.S. GDP.

#91 In 1980, government transfer payments accounted for just 11.7% of all income.  Today, government transfer payments account for 18.4% of all income.

#90 U.S. households are now receiving more income from the U.S. government than they are paying to the government in taxes.

#89 According to a new study conducted by the BlackRock Investment Institute, the ratio of household debt to personal income in the United States is now 154 percent.

#88 If you can believe it, one out of every seven Americans has at least 10 credit cards.

#87 According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980.  Today they account for approximately 16.3%.

#86 The cost of a health insurance policy for the average American family rose by a whopping 9 percent last year, and according to a report put out by the Kaiser Family Foundation and the Health Research and Educational Trust, the average family health insurance policy now costs over $15,000 a year.

#85 One study found that approximately 41 percent of working age Americans either have medical bill problems or are currently paying off medical debt.

#84 An all-time record 49.9 million Americans do not have any health insurance at all at this point, and the percentage of Americans covered by employer-based health plans has fallen for 11 years in a row.

#83 According to a report published in The American Journal of Medicine, medical bills are a major factor in more than 60 percent of the personal bankruptcies in the United States.  Of those bankruptcies that were caused by medical bills, approximately 75 percent of them involved individuals that actually did have health insurance.

#82 Average yearly tuition at U.S. private universities is now up to $27,293.

#81 The cost of college tuition in the United States has gone up by over 900 percent since 1978.

#80 In America today, approximately two-thirds of all college students graduate with student loans.

#79 In 2010, the average college graduate had accumulated approximately $25,000 in student loan debt by graduation day.

#78 The total amount of student loan debt in the United States now exceeds the total amount of credit card debt in the United States.

#77 One-third of all college graduates end up taking jobs that don’t even require college degrees.

#76 In the United States today, there are more than 100,000 janitors that have college degrees.

#75 In the United States today, 317,000 waiters and waitresses have college degrees.

#74 In the United States today, approximately 365,000 cashiers have college degrees.

#73 It is being projected that for the first time ever, the OPEC nations are going to bring in over a trillion dollars from exporting oil this year.  Their biggest customer is the United States.

#72 U.S. oil companies will bring in about $200 billion in pre-tax profits this year.  They will also receive about $4.4 billion in specialized tax breaks from the U.S. government.

#71 The United States has had a negative trade balance every single year since 1976, and since that time the United States has run a total trade deficit of more than 7.5 trillion dollars with the rest of the world.

#70 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#69 The U.S. trade deficit with China is now 27 times larger than it was back in 1990.

#68 Today, the United States spends more than 4 dollars on goods and services from China for every one dollar that China spends on goods and services from the United States.

#67 China has surpassed the United States and is now the largest PC market in the entire world.

#66 In 2002, the United States had a trade deficit in “advanced technology products” of $16 billion with the rest of the world.  In 2010, that number skyrocketed to $82 billion.

#65 In 2010, the number one U.S. export to China was “scrap and trash”.

#64 Do you remember when the United States was the dominant manufacturer of automobiles and trucks on the globe?  Well, in 2010 the U.S. ran a trade deficit in automobiles, trucks and parts of $110 billion.

#63 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#62 If you can believe it, more than 42,000 manufacturing facilities in the United States have been closed down since 2001.

#61 Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.

#60 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs.

#59 According to Professor Alan Blinder of Princeton University, 40 million more U.S. jobs could be sent offshore over the next two decades.

#58 If you gathered together all of the workers that are “officially” unemployed in the United States today, they would constitute the 68th largest country in the world.

#57 There are fewer payroll jobs in the United States right now than there were back in 2000 even though we have added 30 million extra people to the population since then.

#56 Back in 1969, 95 percent of all men between the ages of 25 and 54 had a job.  In July, only 81.2 percent of men in that age group had a job.

#55 Only 55.3% of all Americans between the ages of 18 and 29 were employed last year.  That was the lowest level that we have seen since World War II.

#54 Today, there are 5.9 million Americans between the ages of 25 and 34 that are living with their parents.

#53 The economic downturn has been particularly tough on men.  According to Census data, men are twice as likely to live with their parents as women are.

#52 According to one recent survey, only 14 percent of all Americans that are 28 or 29 years old are optimistic about their financial futures.

#51 Incredibly, less than 30 percent of all U.S. teens had a job this summer.

#50 According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.

#49 Since the year 2000, we have lost approximately 10% of our middle class jobs.  In the year 2000 there were about 72 million middle class jobs in the United States but today there are only about 65 million middle class jobs.

#48 In 1980, 52 percent of all jobs in the United States were middle income jobs.  Today, only 42 percent of all jobs are middle income jobs.

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

#46 According to Paul Osterman, a professor of economics at MIT, approximately 20 percent of all employed Americans are making $10.65 an hour or less.

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

#44 Since December 2007, median household income in the United States has declined by a total of 6.8% once you account for inflation.

#43 New home sales in the United States are now down 80% from the peak in July 2005.

#42 The all-time record for fewest number of new homes sold in the United States was broken in 2009.  Then it was broken again in 2010.  It is on pace to be broken once again in 2011.

#41 At one point this year, U.S. home prices had fallen a whopping 33% from where they were at during the peak of the housing bubble.

#40 U.S. home values have fallen approximately 6 trillion dollars since the housing crisis first began.

#39 According to the U.S. Census Bureau, 18 percent of all homes in the state of Florida are sitting vacant.  That figure is 63 percent larger than it was just ten years ago.

#38 Historically, the percentage of residential mortgages in foreclosure in the United States has tended to hover between 1 and 1.5 percent.  Today, it is up around 4.5 percent.

#37 According to the Mortgage Bankers Association, at least 8 million Americans are currently at least one month behind on their mortgage payments.

#36 According to a Harris Interactive survey taken near the end of last year, 77 percent of all Americans are now living paycheck to paycheck.  In 2007, the same survey found that only 43 percent of Americans were living paycheck to paycheck.

#35 Starting on January 1st, 2011 the Baby Boomers began to hit retirement age.  From now on, every single day more than 10,000 Baby Boomers will reach the age of 65.  That is going to keep happening every single day for the next 19 years.

#34 According to a new poll by Americans for Secure Retirement, 88 percent of all Americans are worried about “maintaining a comfortable standard of living in retirement”.  Last year, that figure was at 73 percent.

#33 One out of every six elderly Americans now lives below the federal poverty line.

#32 In 1950, each retiree’s Social Security benefit was paid for by 16 U.S. workers.  According to new data from the U.S. Bureau of Labor Statistics, there are now only 1.75 full-time private sector workers for each person that is receiving Social Security benefits in the United States.

#31 According to the Congressional Budget Office, the Social Security system paid out more in benefits than it received in payroll taxes in 2010.  That was not supposed to happen until at least 2016.

#30 The U.S. government now says that the Medicare trust fund will run out five years faster than they were projecting just last year.

#29 According to one study, the 50 U.S. state governments are collectively 3.2 trillion dollars short of what they need to meet their pension obligations.

#28 A different study has shown that individual Americans are $6.6 trillion short of what they need to retire comfortably.

#27 Between 1991 and 2007 the number of Americans between the ages of 65 and 74 that filed for bankruptcy rose by a staggering 178 percent.

#26 According to a shocking AARP survey of Baby Boomers that are still in the workforce, 40 percent of them plan to work “until they drop”.

#25 Last year, 2.6 million more Americans dropped into poverty.  That was the largest increase that we have seen since the U.S. government began keeping statistics on this back in 1959.

#24 Back in the year 2000, 11.3% of all Americans were living in poverty.  Today, 15.1% of all Americans are living in poverty.

#23 More than 50 million Americans are now on Medicaid.  Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, approximately one out of every 6 Americans is on Medicaid.

#22 More than 45 million Americans are now on food stamps.

#21 The number of Americans on food stamps has increased 74% since 2007.

#20 Approximately one-third of the entire population of the state of Alabama is now on food stamps.

#19 Right now, one out of every four American children is on food stamps.

#18 It is being projected that approximately 50 percent of all U.S. children will be on food stamps at some point in their lives before they reach the age of 18.

#17 The poverty rate for children living in the United States increased to 22% in 2010.

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

#15 In Washington D.C., the “child food insecurity rate” is 32.3%.

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

#13 It is estimated that up to half a million children may currently be homeless in the United States.

#12 The number of Americans that are going to food pantries and soup kitchens has increased by 46% since 2006.

#11 According to a recent report from the AFL-CIO, the average CEO made 343 times more money than the average American did last year.

#10 The wealthiest 1% of all Americans now own more than a third of all the wealth in the United States.

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

#8 The percentage of millionaires in Congress is more than 50 times higher than the percentage of millionaires in the general population.

#7 According to the Bureau of Labor Statistics, 16.6 million Americans were self-employed back in December 2006.  Today, that number has shrunk to 14.5 million.

#6 According to one recent poll, 90 percent of the American people believe that economic conditions in the United States are “poor”.  To put this in perspective, only 11 percent of Americans rated economic conditions in the U.S. as “poor” back in January of 1999.

#5 According to another recent poll, 80 percent of the American people believe that we are actually in a recession right now.

#4 Our dollar is being systematically destroyed by the Federal Reserve.  An item that cost $20.00 in 1970 will cost you $116.78 today.  An item that cost $20.00 in 1913 will cost you $457.67 today.

#3 The Federal Reserve made $16.1 trillion in secret loans to their friends during the last financial crisis.

#2 The Federal Reserve is a perpetual debt machine.  Today, the U.S. national debt is more than 4700 times larger than it was when the Federal Reserve was created back in 1913.

#1 According to a new CNN/ORC International Poll, 27 percent of all Americans have never even heard of Federal Reserve Chairman Ben Bernanke.

We need to educate America.

Please share this with as many people as you can.  Time is running out for America, and 2012 is going to be an absolutely pivotal year in the history of this nation.

We are in the midst of a long-term economic decline that is rapidly accelerating.  If dramatic changes are not made very quickly, we will soon witness a full-blown collapse of the economy.

Wake up as many people as you can.

We are running out of time.

  • Human garbage

    Can’t wait for the zombies to come a callin.
    I’ll finally get to act out my ****************************

  • Lennie Pike

    I think the Occupy Wall Street protests will result in this “education of Americans” the article spoke of. These protests are not going to end until the changes are made. A majority of Americans will finally wake up and understand that they have a Fascist government, are being severely abused by the Elite, that they have zero representation in Congress, that the main reason for the campaign against “Terrorists” has been mostly manufactured to eliminate Constitutional rights, and that they have been conditioned by the PTB to be citizens of a slave labor concentration camp One World Government complete with the physical torture and killing that “they” are so fond of.

    By attempting to discredit the protesters by painting them as a bunch of nuts without a specific complaint who don’t really know what they want, the Main Stream Media will unmask themselves and awaken the Sheeple. Taking sides with this protest is obviously the one thing the MSM can never do. In the past they have been able to swallow a few bitter pills and change their tunes so as be able to allow the abuse of Americans by their employers to continue in other ways, but if the protesters get what they want, the abuse will be over with.

    Their attempts to discredit will not be bought by the sheeple this time – even the deepest sleeping Americans now know that something is seriously wrong and are finally willing to be educated. They will believe the protesters and not the MSM especially since the MSM can not strategically back-off and agree with the protesters on this one.

    On these news shows where there are multiple commentators arguing their positions, there will be some on the side of the protesters only because there has to be so as not to look ridiculously biased – but the debate “win” will always go to the side ridiculing or disagreeing with the protesters. And if it looks too bad for that win to take place, then they will attempt to confuse The Sheeple with countless different opposing points of view. That’s already the reason for having sometimes up to eight paid propaganda agents spewing crap. They are very cunning, but their B.S. won’t work this time – the MSM won’t be able to fool any of the people any of the time any more.

    Commenters to this site and others like it for sure have been the only reason these protests have been launched. Shutting down the internet for security reasons due to protesting is now very likely but that would only cause the protests to get larger.

    “They” will very soon be in between a rock and a hard place due to these protests with only two options – leave the U.S. or crackdown hard. I know from personal experience that cornering the Federal Government (the people who own it) with their back up against a wall is something no one would ever want to do on an individual level. But when everyone does it to them at once – they’re the ones that will quickly go whimpering off in fear.

    So far, the MSM has intentionally only interviewed and filmed the nutty looking and sounding protesters and laughed them off saying that these people don’t even know what they want. The MSM knows that the Average American has no respect for those types of people and could easily write-off all the protesters as being the same – young kids (untrue)who know nothing about life – just as they did with the riots in England.

    Many protesters though have clearly stated that they want the U.S. Constitution to be enforced, bribery of Congress (lobbying) to cease, the Federal Reserve and the IRS abolished, rigged markets to be regulated and Wall Street Criminals prosecuted, Credit Default Swaps and other derivatives regulated or made illegal, bailouts by American Workers of banks in the U.S. and in other countries prosecuted, Glass-Steagal re-instated, fair trade agreements implemented and on and on.

    This time I think these requests will be granted by the Protesters themselves just as the principles in the Declaration Of Independence and the U.S. Constitution were granted to Americans by Americans themselves. Back then after Americans took control of their own lives and ended the abuse from foreigners, the British whimpered off back to England.

    The exact same thing is about to happen again – these assholes that are destroying the U.S. are not Americans, and London is their headquarters – the rothschilds.

    • bobbobbobbob

      yea ha!!!! the only good rebuplicanterrorist is an deleted1!!! ctrl + alt + delete all rebuplicannns except jacob javits john rockefellar dwight eisenhower ect

    • Festus Carbuncle

      The “Wall Street” protests will disappear after the 2012 election. They are about as spontaneous as the election of Rahm Emanuel as mayor of Chicago. There is a mixture of anarchists, communists (there are still a few despite the track record of such movements), party-goers, looters, and even a few rational but deluded well-intentioned, but the entirety of it is planned as part of information manipulation that even George Orwell could not imagine in his worst nightmare.

  • http://Yahoo Daniel K

    To a large extent we are resposible because we elected the politicians who told us what we wanted to hear instead of what we needed to know.

    But some politicians are more guilty than others:
    1) Bill Clinton and Democrats in Congress along with 5 Republicans who repealed the Glass’Steagall Act, which Clinton signed into law.

    2) The Democrat controlled Congress during most of the last 40 years and their excessive Deficit spending.

    3) Obama’s excessive deficit spending which is 4.5 times greater than that of George W. Bush.

    4)And Obamacare which will eventually cause the loss of yet another million jobs plus guarantee that we will be bankrupt within 5 years. Blame Reid , Pelosi, Schummer and Weiner along with Obama and The head of the AFL-CIO along with the SEIU.

    • Gay Veteran

      Daniel – federal spending requires the approval of Congress AND the president

  • JR

    Corruption? Greed?? Bernie Madoff? The Chicago Thugocracy in action?

    Dostoyevski summarized it all 125 years ago:

    “If there is no God, ***everything*** is permissible”

  • JR


  • Gutter Economist

    A speech that every American voter should hear:

  • Mason

    This is the second such column to gain notice, but the issues remain. Despite the cryptic, teabag-esque code of “We need to educate America,” there’s still the refusal, despite ample evidence of an insane concentration of wealth, to deal with issues of class and the effective role that government can play in a solution. (And before you totally lose your ******, ‘government’ means ‘applied democracy.’) Certainly, government has been the vehicle for establishing this level of inequality, because the super-rich aren’t bashful about seizing government in order to destroy you and me.

    An anti-government stance these days is like being on a sinking ship, standing next to the lifeboats, life jackets, flares, and radio gear, and claiming not to know what people should do. Here’s a start: a shift in philosophy towards the real world. Complaining about inequality when you’re shacked up at the Ayn Rand Motel is a bad joke, isn’t it? Standing alone, spouting free market nonsense, isn’t going to get us closer to solving these problems. ******************************, Charles Koch himself sold Freddy Hayek Social Security!

    Pardon my ranting, because I respect your taste for probity, but this is really too much to let pass. Even Max Keiser rolled his eyes when Joe Weisenthal from BI balked at prosecution of Wall Street criminals. Whether we get through this disaster isn’t clear, but there’s no excuse for ignoring the obvious course of action.

  • William

    There will be NO substantive change unless 95% of the members of the US Congress are voted OUT of office in Nov of 2012. With the corrupt system that we have here in America, that is nearly impossible. But, if you do vote to reelect your US Senator or US Respresentative, you will be part of the problem.

  • BBSteve

    Anger Mill – use some control and put some solutions to your whinning…

  • Sunnyarizona

    This is something to see posted in one spot. Hey I did read through all of it. Not really shocked by it, as I know America is under extreme judgement by God ALMIGHTY, and this blog really puts it into perspective. Things will not get better with the current President, nor can a NEW one make a DENT of change to help. It is WAY TO LATE. America has become a third world country via its Pride and Greed, and Sin. There is NOTHING we can do now…save, ask God’s forgiveness, and turn from our wicked ways….even then, I think we will still crash and burn….

  • Frank Ninaby

    If you check with the CBO Budget page, you will see that GWB increased the debt by 6.1 trillion.
    Barack Obama increased the Nationl Debt by 1.65 trillion in 2010.
    Considering the shape GWB left us in, it would be fair to give our president a little slack.
    But some Americans don’t like facts, especially when the get in the way of ideology.

  • DBA

    As a former life-long Republican (never a democrat) who is totally disgusted with the Repub. party, the only reason I have re-registered as a Repub. is they have the ONLY candidate that has a clue about real world economics (non-Keynesian).

    Seriously, please take time to check out Ron Paul …research how he has CONSISTENTLY (rare word in politics) voted over decades to truly uphold the Constitution and to promote Liberty. READ about his proposed solutions. He is the ONLY one running who will not continue the destruction of America. He may not be able to save it, because of the ignorant (or evil) bozos in Congress and the welfare populace that has been brainwashed in gov’t schools, but he alone would do as he promises (check out his history) and do the right thing:
    Promote sound money.
    Re-chain the federal government.
    End the privately held Federal Reserve bank.
    Bring military home to defend our borders.

    His position on the issues:

    Good organization which promotes liberty:

    p.s. Read the U.S. Constitution at least once a year and hold all of your representatives responsible.

    p.p.s. Remember, a founding father said that this government (Constitution) would only work with a moral and religious people. Look around, I think we have a big problem with this point. I see the media and the gov’t schools (“Gov’t as Savior” propaganda centers) and ignorant clergy (unable to think as a result of the schools) as the main forces behind the decline of America; these have lobotomized/ emasculated the people.

    • bobbobbobbob

      see u in med school as a cadaverrrrr

    • D

      Ron Paul is a good candidate, but he will not end the Fed. They will make sure of that by either threatening kill him or actually assassinating him, just like the other opponents of the the Fed and fractional-reserve banking: Andrew Jackson, Abe Lincoln, James Garfield (probably missing a few others).

      The same happened when Ross Perot tried to intervene with NAFTAs plans. They threatened to kill his family if he didn’t throw out of the election. He stated this many times. I didn’t believe it then, but now I see it has a highly probable scenario.

      All politicians know the Fed is the problem. The thing is, the same private, international banks fund their terms. They want to get elected, so the politicians obey their command. Calling the Fed the “Federal Reserve” is ironic and cunning because they sensibly know it will fool the majority of the public into believing the Fed is actually a government-controlled entity. And hence, the problems get associated in the liberal/republican fight, the greatest illusion ever made by the Fed and other private, international bankers (the elite).

      Most sheeple won’t understand Mr. Paul when he talks about the Fed. He will lose the ground.

  • Rae Merrill

    All worrying stuff. You can’t argue with the empirical evidence. Just open your eyes to the truth and you shall see.

  • Toomanyfakeconservatives

    Stanimal & farang- Time is proving you right. I was in grade school and high school when Reagan was shaking his fist at the USSR, and too young to understand his economic and social policies and their implications. Let’s not forget who Reagan’s VP was for 8 years either. It seems to me that all presidents since JFK, especially Reagan, have been bought and paid for by the banksters.

  • AuntNoNo

    All the blaming in the world is not going to fix anything. Even the author of this article hasn’t managed to do more than point out the obvious. Where are the actual solutions?

  • http://TheEconomicCollapse Dave the Okie

    Say blog host, have a question about the movie “Contagion.” Are you going to comment about it? In some respects the movie is quite accurate in showing the effects on the economy of a major contagion outbreak.
    However, as usual, like the cheap cable sci-fi movies about catastrophies, somehow mankind saves the day in the last 10 minutes of the movie. Some problems I saw with the movie:
    1.) The government steps in and takes control. In our present condition of being broke, there is no way the government is going to be able to restore order. Look at Katrina.
    2.) The national guard has been scavengerized in manpower and equipment for America’s wars in the Middle East. I do not see the quick mobilization that we see in the movie.
    3.) In a contagion outbreak where 25% are dieing, the rest of humanity in laying low with their families. That includes the national guard and U. S. forces soldiers as well as the police.
    4.) The same with utilities; I see the lights stayed on during the entire movie. Not realistic.
    5.) The hero of the movie at the beginning is looking for food from the authorities with limited success, he seems not have have prepared ahead for this, yet he seems to survive throughout the movie without any visible loss of weight by him or his daughter.
    6.) The lady working at the CDC says there is no way that they can role out a vaccine for the general populous, once they find it, for months, maybe a year. Yet, somehow they get it rolled out in weeks and (sure enough) by the end of the movie, mankind saves the day. This is not realistic. No talk of a contagion outbreak being the breaking point for an economy that is already on the edge. Where are we getting the money to pay the soldiers, police, and government agencies to investigate the contagion, and pharmasutical companies to produce the vaccine?
    7.) The pharmasuticals are working overtime to get the vaccine on the street, but again with a mortality of 25% or higher, and people who are well staying home to take care of the sick or hiding in their homes so they do not get sick, where are employees going to come from to man the lines to make this vaccine?
    The movie raises some important issues, but pulls too many punches and leaves the movie-goer walking away thinking that a contagion outbreak is survivable by civilization.

    • Michael

      Good comment.

      I have not seen that movie yet – I think I will definitely check it out once they release it on DVD.


  • bobbobbobbob


  • Doug

    It didn’t take long to realize this list was a pro-Republican biased piece of propaganda.

    #100 is presented as being part of the cause of the collapse. If true, it is simply part of the result of the collapse (which is caused primarily by the trade deficit caused by corporations sending American jobs overseas for Chinese and third world slaves to perform).

    #99 conspicuously left out the black hole of the Bush II regime years. Obama has done his share to harm this country, but much of the debt under his watch was committed to under the Bush watch.

    etc. etc. etc.

    If any one person is to blame for the economic collapse currently underway, it would have to be Allen Greenspan.

    • Kevin2


      Your correct that the problem is the loss of US manufacturing and it’s associated good jobs. The cause was the Free Trade Agreements that removed tariffs from the slave labor nations. While the Republicans called for for these agreements the Democrats got them passed into law. It’s watch the right hand while you get hit with the left. NAFTA was the baby step and Bill Clinton personally got the necessary Democrat congressional votes needed for passage. BH Bush #41 did not have the political horse power to do the same. Watch the right and get hit with the left. A couple of years later after being re-elected the Democrats supported China Free Trade which virtually eviscerated US manufacturing. While 83% or US Senate Republicans voted for it 80% of US Senate Democrats followed suit. Bill Clinton considered the “God” of modern Democrats signed that into law too. When labor has friends like that who needs enemies?

      The Democrats gave Wall Street what the Republicans couldn’t.

      As we speak another Free Trade Agreement is being pushed by the present administration.

      The sad truth is be it Democrat or Republican you don’t have a choice because both feed from the same corporate bowl.

  • 1 VOICE

    the first thing everyone needs to know is that MONEY = DEBT, and think about this, if there were 2 dollars in existance and i pay you those 2 dollars for something (pack of gum) and i ask for intrest HOW ARE YOU ABLE TO COME UP WITH ANYTHING OVER 2 DOLLARS EXCEPT PRINT MORE MONEY AND RAISE INTREST???????????????????? END THE FED., REPLACE CONGRESS, CIVILIAN “PRESIDENT” (TO SIMPLY WATCH OVER WHAT CONGRESS IS DOING) CONGRESS ARE THE RULERS OF THE WORLD…. EVERY LAW TAKES AWAY SOME OF YOUR FREEDOM

  • Gary2

    we need a public option in banking like we need in health care. If the free market is so wonderful they should have nothing to worry about.

  • Fl slacker

    Cheers! Bring the outsourced jobs back to America so we can return to bieng a country of producers not just consumers!

    • RonPaul4President

      Businesses are not loyal to their nations… (ever). They are only loyal to their shareholders. Americans themselves will not pay more for products, simply because they’re “made in America”. Why will anyone else in the world? So outsourced jobs will never be brought back to America. Plan B, elect a guy like Ron Paul. He’ll make America a rich nation again by eliminating the Federal Reserve and inflation, canceling all the wars, reducing big government, eliminating corporate bailouts, and at the same time – eliminate income tax so we all have more money to spend – which itself will boost the economy.

  • Jelani Asar

    Whoa, I provide income protection insurance as a voluntary employee benefit in Georgia and I thought my stat of at least 8 in 10 Americans living paycheck to paycheck is bad, ************** look at stat number 92!

    If you are one of the 1 in 3 Americans, or have no interest in being one, then you will benefit greatly from the service we offer and simply click here –

    Thank You,

    Jelani Asar, Internet Marketing Manager, Income Protection Atlanta

    • 123987

      you mean 93.
      i sell insurance and a DA too!

      great advertising

  • Nano

    That’s quite an impressive list of statistics, but isn’t it rather easy to find out what’s wrong rather than what’s right?

    A focus on what’s wrong, and advertisements for doomsday investment and hoarding of goods as if the world is coming to an end – what will that fix?

    Big government and its spending is a massive problem, and so is corporate greed and income inequality, but none of these are solutions. They just lead to fear mongering, which is a cottage industry in itself.

    Here’s a book that addresses how to fix the problem rather than how to identify it….which is the hard part of the equation.

  • c

    Our issues boil down to two facts:
    1)A congressional system made up of congressmen who lower taxes on themselves and whichever special interests throw enough money at them.

    2)Consumers who want to live a lavish lifestyle A) borrowing money from the rich- where the rich make a killing in interest and B) Preferring cheaper products to ones made here for more money, therefore losing jobs and making the market much more competitive and making any job you hold worth less because there are plenty of people to replace you.

    The american public needs to wake up and realize that It isnt a “have your cake and eat it too” scenario. there simply isnt enough service jobs (cashier, janitor, lawyer, doctor) to cope with the onslaught of workers coming in from the manufacturing industry, because the service industry makes 99% of it’s profits from within the country. if we cant export anything to even out the cost of the products from the manufacturing industry we are now importing, we will continue to pile up debts to other countries that we cannot cover. and they know it. The more debt we stack up the less countries want our debt and basic high school level economics explains that the less it is wanted the less it will be worth.

    Exactly why drug prices plummet when their patent runs out and they can be made in generic versions. The original maker can no longer manipulate the supply and demand (demand affecting price) as they would have before and demand is way down for your product now that the generics are available, so you must lower your prices to bring your demand back up to a balanced level and be able to continue to make money.

    Same reason that computers and video games are sold for less after a better model is released.

    Unions Faults? Good intentions, but increasing wages here just increased the incentive for companies to go elsewhere for labor
    Bush’s Fault? Not necessarily
    Obama’s Fault? More so than bush’s but still not much
    Congress’s Fault? The democratically controlled congresses have not helped the matter with increasing welfare availability, Just gave the unemployed an easier to use crutch. And neither party has created any type of incentives for companies to continue to operate here. not a whole lot at fault in the end.

    So who’s fault is it?

    THE CONSUMER AND THE VOTER! They fail to get the entire picture before making decisions. They vote in the same politicians year after year, not knowing that for the past 10 terms they have been in the pocket of big oil companies and other foreign buisness entities. And buy being a naive consumer they continue to support the companies paying off your politicians by using their products. Do your research independently. look at what your reps support and what they add in for their own earmarks. Then find reps that add earmarks that reflect the views of those who voted for them, Not those who give them big campaign donations.

  • http://Stevequaylecom Zealot

    What is happening is not by co-incidence. What is seen here in this article are things that are the result of an economic subterfuge and bogey that has long been in the works for milenia. We cannot do anything about our situation unless we identify and physically remove those individuals from their positions of power and seize their hords of gold and their accounts. Do any of you know who to go after and do it effectively ? How can we get big enough to really do something about their conspiracy against mankind with out, at some point, our numbers become infiltrated by their agents and they know every move we would make. It isn’t just merely financial. It encompasses the religions, the media,the banking system,the academia,the merchants,the industrialists,the medical. Unfortunately their filth is everywhere. Any one who really makes it and becomes a “force” is going to be “tapped” at some point. Tapped meaning approached and made an offer-“So you want to build an empire ? Join us and we will build a world empire and rule together…” The problem at that point is, if you join them it will cost you your soul. You will then have lost it all to temporal gratification. We all live only once. Re-incarnation is a lie from the pit. There is only Ressurection. Do you want to be amongst the elect who will live for ever with and in the presence of the one and true God ? Or do you want death and to not be any more forever. Choose Life-Eternal LIfe. You cannot take anything you have made with you to the next world. All of us will stand before God individually for judgement. Carefully consider that. It will take an act of Almighty God to free us…and He will. That you can count on. We can do something on our own against the Illuminati scum that are enslaving mankind for their “god”. It would take the massive turning of all of us, everyone on this earth who has not sold out,to change from our , corrupt and sinful ways and then living Holy and calling out to God. He will answer. He will come.

  • dv

    Obama, Obama, Obama. Not one word about Reagan who deregulated everything and began the collapse over 30 years ago, and Bush who sealed our fate…handing the mess to Obama. Puh-leeeze!!!

  • cika

    its all because of bush ***********

  • cika

    Those who swallow usury cannot rise up save as he ariseth whom the devil hath prostrated by (his) touch. That is because they say: Trade is just like usury; whereas Allah permitteth trading and forbiddeth usury. He unto whom an admonition from his Lord cometh, and (he) refraineth (in obedience thereto), he shall keep (the profits of) that which is past, and his affair (henceforth) is with Allah. As for him who returneth (to usury) – Such are rightful owners of the Fire. They will abide therein. (275) -al quran

  • cika

    Those who swallow usury cannot rise up save as he ariseth whom the devil hath prostrated by (his) touch. That is because they say: Trade is just like usury; whereas Allah permitteth trading and forbiddeth usury. He unto whom an admonition from his Lord cometh, and (he) refraineth (in obedience thereto), he shall keep (the profits of) that which is past, and his affair (henceforth) is with Allah. As for him who returneth (to usury) – Such are rightful owners of the Fire. They will abide therein. (275) al-quran

  • cika

    O ye who believe! Devour not usury, doubling and quadrupling (the sum lent). Observe your duty to Allah, that ye may be successful. (130) al-quran

  • cika

    And of their taking usury when they were forbidden it, and of their devouring people’s wealth by false pretences, We have prepared for those of them who disbelieve a painful doom. (161) al-quran

  • cika

    And thou seest many of them vying one with another in sin and transgression and their devouring of illicit gain. Verily evil is what they do. (62) al-quran

  • semperfidelis

    CALL FOR ACTION: Take your money out of the major banks by Nov. 5th…

    Put it in a local credit union. Take a stand to end corrupt banking systems in the USA

    Remember, remember, the fifth of November.


  • Rob

    what about the refugee fund that comes right from socail security..why is this so faux paus in EVERY circle?
    Why do ************* somalians russians koreans etc taht get citizenship get government assistance that is equal to or better than middle inome? a whopping$1800 per person of family of 4 somalians makes 6,400 a month! Now i have to wait until 70 to get SS!

  • Sastry.M

    Let the Americans wake up and remove the cause of all such debt ridden, doubtful banking debacles. Save the U.S to savor the fruits of sweat and toils of productive people rather than sell herself to the speculative vagaries of Big Corporate Bankers and suffer perpetual misery.

  • Paul Mannstein

    Funny thing is none of these statistics reflect what the US spends on the military, the wars, and Pentagon as if they just don’t exist. BTW just the other day Sen. McCain was in Jordan boasting that Sysria would be next and then Iran. How he plans to pay for it all is obvious. Just take it out of Social Security and Medicare. Incidentally, cutting off Israel’s aid would be a step in the right direction insteat of cutting aid to the children of single mothers.

    • Levsha

      75% of what Israel gets from USA is coming back to USA in form of purchaces from USA. GOt to count this.

  • andrea kessler

    i say we organize & withhold our TAXES!!! if everyone “just said NO!” to sending their hard-earned $ to pay for war on people like us,
    to pay for subsidies to corps., to pay for everything except the needs of We The People – then the message would hit home. they can gas us, shoot us – but can they jail an entire population for not paying the IRS? does anyone have an idea as to how this might be organized? i say refusing to pay taxes is “YES, WE CAN’T” until the system is restructured to reflect justice, sharing & wisdom!!!

  • Mr Lenin

    Get ready for problems with russia, comrades

  • Alan Travis

    I glanced down your list of 100 and noticed your claim that our “top export to China” was supposedly trash and waste. This is really quite absurd. When you make such statements, it casts doubt on everything else. states that electrical machinery and equipment is the category of top exports to China, followed by power generation equipment. Please stop trying to deceive people.

  • Good manager Stalin

    Hey gays, don’t worry. Your federal system will make more money! But at one day, your government will start big war with strong enemy. Who it will be? Russia, China, Iran&Syria… Or all of them together?!
    War is necessary for your financial system.
    Are you ready for that?

  • duck

    but if you want to open a company , make profit and help solve some of these problems , they stop or delay you and claim its hazing or joke or something . io am tired of idots ,oppresSors . at end times GOOD WILL BE SUPRESSED .

  • Ron

    Alen yes china likes our trash.Scrap steel,copper,you name it.They even buy ocean containers of cardboard and one thing they make is a version of drywall with it.Sorry i was bored and a place had a trade magazine about recycleing.
    I new we were screwed many years ago when all the jobs started to leave.

  • Matt

    Nice post! This was very interesting to read. :)

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