50 economic numbers about the us that are
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50 Economic
Numbers About The
US That Are "Almost
Too Crazy To
Believe"
Submitted by Tyler
Durden on
12/16/2011 13:57 -
0500
Barack Obama Bill Gates
Blackrock Budget Deficit
Bureau of Labor Statistics
Census Bureau China Detroit
Fail Federal Reserve Florida
Gallup Gross Domestic
Product Housing Market
National Debt Obama
Administration Personal
Consumption Personal Income
Reality Too Big To Fail Trade
Deficit Unemployment
The Economic Collapse
Blog does a terrific job of
periodically putting
together a compilation of
the scariest data points
about the US economy.
Today is one such day, and
the list of 50 economic
numbers presented is
indeed, as the author puts
it, "almost too crazy to
believe"... Almost. As
noted: "At this time of the
year, a lot of families get
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,
homes the conversation
usually gets around to
politics at some point.
Hopefully many of you will
use the list below as a tool
to help you share the
reality of the U.S. economic
crisis with your family and
friends. If we all work
together, hopefully we can
get millions of people to
wake up and realize that"business as usual" will
result in a national
economic apocalypse." Or,
far more likely, 99% of the
population can continue
watching Dancing with the
Stars, as what little wealth
remains is terminally
transferred to those who
are paying attention right
below everyone's eyes.
From theEcopnomic
Collapse Blog:
The followingare 50
economic
numbers from
2011 that are
almost too
crazy to
believe....
#1 A
staggering48
percentof all
Americans are
either
considered to
be "low
income" or are
living in
poverty.
#2
Approximately
57 percentof
all children in
the United
States are
living in homes
that are either
considered to
be "low
income" or
impoverished.
#3If thenumber of
Americans that
"wanted jobs"
was the same
today as it was
back in 2007,
the "official"
unemployment
rate put out by
the U.S.
government
would be up to
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11 percent.
#4The average
amount of time
that a worker
stays
unemployed in
the United
States is now
over 40 weeks.
#5One recentsurvey found
that77 percent
of all U.S. small
businesses do
not plan to hire
any more
workers.
#6There are
fewer payroll
jobs in the
United States
todaythan
there were
back in 2000
even though
we have added
30 million
extra people to
the population
since then.
#7Since
December
2007, median
household
income in the
United States
has declined by
a total of6.8%
once you
account for
inflation.
#8According
to the Bureau
of Labor
Statistics, 16.6
million
Americans
were self-
employed back
in December
2006. Today,
that number
has shrunkto
14.5 million.
#9A Gallup
poll from
earlier this year
found that
approximately
one out of
every five
Americans that
do have a job
consider
themselves to
be
underemployed.
http://www.foxnews.com/us/2011/07/06/underemployed-new-reality-american-job-market/http://www.usatoday.com/money/smallbusiness/story/2011-09-07/Fewer-people-choose-to-be-self-employed/50305432/1http://www.usatoday.com/news/nation/story/2011-09-13/census-household-income/50383882/1http://www.usnews.com/opinion/mzuckerman/articles/2011/06/20/why-the-jobs-situation-is-worse-than-it-lookshttp://www.usnews.com/news/blogs/washington-whispers/2011/11/07/7-in-10-blame-economy-for-hiring-freezehttp://research.stlouisfed.org/fred2/series/UEMPMEANhttp://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-the-real-unemployment-rate-is-11-percent/2011/12/12/gIQAuctPpO_blog.html -
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#10According
to author Paul
Osterman,
about20
percentof all
U.S. adults are
currently
working jobs
that pay
poverty-level
wages.
#11 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.
#12Back in
1969, 95
percent of allmen between
the ages of 25
and 54 had a
job. In July,
only81.2
percentof men
in that age
group had a
job.
#13One
recent survey
found thatone
out of every
three
Americanswould not be
able to make a
mortgage or
rent payment
next month if
they suddenly
lost their
current job.
#14The
Federal Reserve
recently
announced that
the total net
worth of U.S.
households
declined by4.1
percentin the
3rd quarter of
2011 alone.
#15According
to a recent
study
conducted by
the BlackRock
Investment
Institute, the
http://money.cnn.com/2011/12/08/news/economy/household_net_worth/index.htmhttp://www.dsnews.com/articles/job-loss-could-put-one-in-three-homeowners-out-of-their-home-2011-09-30http://www.bloomberg.com/news/print/2011-08-25/obama-seeks-jobs-plan-as-u-s-workingman-status-further-erodes.htmlhttp://growth.newamerica.net/sites/newamerica.net/files/policydocs/26-04-11%20Middle%20Class%20Under%20Stress.pdfhttp://growth.newamerica.net/sites/newamerica.net/files/policydocs/26-04-11%20Middle%20Class%20Under%20Stress.pdfhttp://money.usnews.com/money/careers/articles/2011/10/19/the-ranks-of-the-underemployed-continue-to-grow -
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ratio of
household debt
to personal
income in the
United States is
now154
percent.
#16As the
economy has
slowed down,
so has thenumber of
marriages.
According to a
Pew Research
Center
analysis, only
51 percentof
all Americans
that are at
least 18 years
old are
currently
married. Back
in 1960, 72
percentof all
U.S. adults
were married.
#17The U.S.
Postal Service
has lost more
than5 billion
dollarsover
the past year.
#18In
Stockton,
California
home prices
have declined
64 percent
from where
they were atwhen the
housing
market peaked.
#19Nevada
has had the
highest
foreclosure
rate in the
nation for59
monthsin a
row.
#20If you can
believe it, the
median price
of a home in
Detroit is now
just $6000.
#21 According
to the U.S.
Census Bureau,
18 percentof
all homes in
the state of
Florida are
sitting vacant.
http://money.cnn.com/2011/03/18/real_estate/florida_vacant_homes/index.htmhttp://www.businessinsider.com/detroit-is-in-utter-shambles-and-the-state-should-take-it-over-immediately-2011-12http://www.cnbc.com/id/45682960http://www.businessinsider.com/most-miserable-cities-america-2011-12#6-stockton-california-15http://news.yahoo.com/post-office-near-default-losses-mount-5-1b-210808129.htmlhttp://www.washingtonpost.com/local/married-couples-at-a-record-low/2011/12/13/gIQAnJyYsO_story.htmlhttp://www.washingtonpost.com/local/married-couples-at-a-record-low/2011/12/13/gIQAnJyYsO_story.htmlhttp://www.usatoday.com/money/economy/story/2011-10-02/cnbc-consumers-economy/50619276/1 -
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That figure is
63 percent
larger than it
was just ten
years ago.
#22New home
construction in
the United
States is on
pace to seta
brand new all-time record low
in 2011.
#23As I have
written about
previously, 19
percent of all
American men
between the
ages of 25 and
34 are now
living with
their parents.
#24Electricity
bills in the
United Stateshave risen
faster than the
overall rate of
inflationfor
five years in a
row.
#25According
to the Bureau
of Economic
Analysis,
health care
costs
accounted for
just 9.5% of all
personalconsumption
back in 1980.
Today they
account for
approximately
16.3%.
#26One study
found that
approximately
41 percentof
all working age
Americans
either have
medical bill
problems or
are currently
paying off
medical debt.
#27If you can
believe it, one
out of every
seven
Americanshas
at least 10
credit cards.
http://www.mybudget360.com/endgame-credit-card-nation-40-year-credit-card-bull-market-over/http://endoftheamericandream.com/archives/the-royal-wedding-american-idol-dancing-with-the-stars-and-7-other-ways-that-the-american-people-are-being-distracted-from-our-real-problemshttp://www.businessinsider.com/america-middle-class-in-decline-2011-4#-10http://www.usatoday.com/money/industries/energy/story/2011-12-13/electric-bills/51840042/1?loc=interstitialskiphttp://endoftheamericandream.com/archives/have-we-raised-an-entire-generation-of-young-men-that-do-not-know-how-to-be-menhttp://www.usatoday.com/money/economy/housing/story/2011-11-03/economy-hits-home-builders/51065938/1?loc=interstitialskip -
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#28The
United States
spendsabout 4
dollarson
goods and
services from
China for every
one dollar that
China spends
on goods and
services from
the UnitedStates.
#29It is being
projected that
the U.S. trade
deficit for
2011 will be
558.2 billion
dollars.
#30The
retirement
crisisin the
United States
just continues
to get worse.
According tothe Employee
Benefit
Research
Institute, 46
percentof all
American
workers have
less than
$10,000 saved
for retirement,
and29 percent
of all American
workers have
less than
$1,000 saved
for retirement.
#31 Today,
one out of
every six
elderly
Americans lives
below the
federal poverty
line.
#32According
to a study that
was just
released, CEO
pay at
America's
biggest
companies
rose by36.5%
in just one
recent 12
month period.
#33Today, the
"too big to fail"
banks are
larger than
ever. The total
http://theeconomiccollapseblog.com/archives/archives/too-big-to-fail-10-banks-own-77-percent-of-all-u-s-banking-assetshttp://money.cnn.com/2011/12/15/news/companies/ceo_pay/index.htm?iid=HP_LNhttp://www.ncoa.org/press-room/press-release/one-in-six-seniors-lives-in.htmlhttp://www.ebri.org/pdf/surveys/rcs/2011/FS2_RCS11_Prepare_FINAL1.pdfhttp://www.ebri.org/pdf/surveys/rcs/2011/FS2_RCS11_Prepare_FINAL1.pdfhttp://theeconomiccollapseblog.com/archives/25-bitter-and-painful-facts-about-the-coming-baby-boomer-retirement-crisis-that-will-blow-your-mindhttp://thehill.com/blogs/on-the-money/1005-trade/192857-trade-deficit-narrows-to-lowest-level-this-yearhttp://www.census.gov/foreign-trade/Press-Release/current_press_release/ft900.pdf -
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assets of the
six largest U.S.
banks
increased by
39 percent
between
September 30,
2006 and
September 30,
2011.
#34The sixheirs of Wal-
Mart founder
Sam Walton
have a net
worth that is
roughly equal
to thebottom
30 percentof
all Americans
combined.
#35According
to an analysis
of Census
Bureau data
done by the
Pew ResearchCenter, the
median net
worth for
households led
by someone 65
years of age or
olderis 47
times greater
than the
median net
worth for
households led
by someone
under the age
of 35.
#36If you can
believe it, 37
percentof all
U.S.
households
that are led by
someone under
the age of 35
have a net
worth of zero
or less than
zero.
#37A higher
percentage of
Americans is
living in
extreme
poverty(6.7%)
than has ever
been measured
before.
#38Child
homelessness
in the United
States is now
33 percent
http://www.usatoday.com/news/nation/story/2011-12-12/homeless-children-increase/51851146/1http://theeconomiccollapseblog.com/archives/archives/extreme-poverty-is-now-at-record-levels-19-statistics-about-the-poor-that-will-absolutely-astound-youhttp://www.thestreet.com/story/11301457/2/us-wealth-gap-between-young-and-old-is-widest-ever.htmlhttp://www.thestreet.com/story/11301457/1/us-wealth-gap-between-young-and-old-is-widest-ever.htmlhttp://www.washingtonpost.com/blogs/blogpost/post/wal-mart-heirs-have-same-net-worth-as-the-bottom-30-percent-of-americans/2011/12/09/gIQAkg6FiO_blog.htmlhttp://www.dailymail.co.uk/news/article-2067359/Revealed-The-secret-1-2-TRILLION-bailout-given-banks.html?ito=feeds-newsxml -
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higher than it
was back in
2007.
#39Since
2007, the
number of
children living
in poverty in
the state of
California has
increasedby30 percent.
#40Sadly,
child povertyis
absolutely
exploding all
over America.
According to
the National
Center for
Children in
Poverty, 36.4%
of all children
that live in
Philadelphia
are living in
poverty, 40.1%of all children
that live in
Atlanta are
living in
poverty, 52.6%
of all children
that live in
Cleveland are
living in
poverty and
53.6%of all
children that
live in Detroit
are living in
poverty.
#41 Today,
one out of
every seven
Americans is
on food
stamps and
one out of
every four
American
children is on
food stamps.
#42In 1980,
government
transfer
payments
accounted for
just11.7%of
all income.
Today,
government
transfer
payments
account for
more than 18
percentof all
income.
http://www.businessinsider.com/america-middle-class-in-decline-2011-4#-9http://www.businessinsider.com/america-middle-class-in-decline-2011-4#-9http://www.nytimes.com/2009/11/29/us/29foodstamps.htmlhttp://www.nccp.org/media/releases/release_136.htmlhttp://www.nccp.org/media/releases/release_136.htmlhttp://www.nccp.org/media/releases/release_136.htmlhttp://www.nccp.org/media/releases/release_136.htmlhttp://theeconomiccollapseblog.com/archives/child-poverty-in-america-is-absolutely-exploding-16-shocking-statistics-that-will-break-your-hearthttp://www.nbcbayarea.com/news/local/Millions-More-California-Children-Slip-into-Poverty-134842133.html -
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#43A
staggering
48.5%of all
Americans live
in a household
that receives
some form of
government
benefits. Back
in 1983, that
number was
below 30percent.
#44Right now,
spending by
the federal
government
accounts for
about24
percentof
GDP. Back in
2001, it
accounted for
just 18
percent.
#45For fiscal
year 2011, theU.S. federal
government
had a budget
deficit of
nearly 1.3
trillion dollars.
That was the
third year in a
row that our
budget deficit
has topped one
trillion dollars.
#46If Bill
Gates gave
every singlepenny of his
fortune to the
U.S.
government, it
would only
cover the U.S.
budget deficit
for about 15
days.
#47
Amazingly, the
U.S.
government
has now
accumulated a
total debt of
15 trillion
dollars. When
Barack Obama
first took office
the national
debt was just
10.6 trillion
dollars.
#48If the
federal
http://www.savingsbonds.gov/NP/BPDLogin?application=nphttp://www.dailymail.co.uk/news/article-1390090/One-giant-debt-mankind-U-S-national-deficit-reach-moon-piled-high-5-bills.htmlhttp://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201110141417dowjonesdjonline000481&title=us-runs-1299-trillion-budget-deficit-in-fiscal-2011http://www.zerohedge.com/news/news/10-essential-fiscal-charts-demonstrating-americas-disastrous-conditionhttp://blogs.wsj.com/economics/2011/10/05/nearly-half-of-households-receive-some-government-benefit/ -
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As for the culprit, there is
no surprise here - all
central planning, all the
time.
government
began right at
this moment to
repay the U.S.
national debt
at a rate of one
dollar per
second, it
would take
over 440,000
yearsto pay
off the nationaldebt.
#49The U.S.
national debt
has been
increasing by
an average of
more than 4
billion dollars
per daysince
the beginning
of the Obama
administration.
#50During the
Obama
administration,the U.S.
government
has
accumulated
more debt than
it did from the
time that
George
Washington
took officeto
the time that
Bill Clinton
took office.
Of course the
heart of our
economic
problems is
the Federal
Reserve. The
Federal Reserve
is a perpetual
debt machine,
it has almost
completely
destroyed the
value of the
U.S. dollar and
it has an
absolutely
nightmarish
track record of
incompetence.
If the Federal
Reserve system
had never been
created, the
U.S. economy
http://www.cnsnews.com/news/article/obama-has-now-increased-debt-more-all-presidents-george-washington-through-george-hwhttp://www.cnsnews.com/news/article/obama-has-now-increased-debt-more-all-presidents-george-washington-through-george-hwhttp://theeconomiccollapseblog.com/archives/archives/17-national-debt-statistics-which-prove-that-we-have-sold-our-children-and-grandchildren-into-perpetual-debt-slavery -
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Tweet 123
Indeed it will - in it
America will pick yet
another president that it so
rightfully deserves.
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In A CNN Interview, Ron
Paul Discusses The
Media's Blackout Of His
would be in far
better shape.
The federal
government
needs to shut
down the
Federal Reserve
and start
issuing
currency that is
not debt-
based. Thatwould be a
very significant
step toward
restoring
prosperity to
America.
During 2011
we made a lot
of progress in
educating the
American
people about
our economic
problems, but
we still have a
long way to go.
Hopefully next
year more
Americans than
ever will wake
up, because
2012 is going
to represent a
huge turning
point for this
country.
175 SendLike
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Fri, 12/16/2011 - 14:00
| 1987680
Fri, 12/16/2011 -
14:12 | 1987737
Fri, 12/16/2011- 14:32 |
1987823
Fri,
12/16/2011
- 14:43 |
1987860
Presidential Candidacy,
And Many Other Things
As Disenchantment With
Idiocy Surges, Ron Paul
Support Soars
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Romney's Presidential
Campaign In The Hands Of
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Will Not Be Televised
Ron Paul "Faces The
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Killtruck
That's some scary
shit.
Jonbutterfly
Ron to Sean
Hannity:
You're
Missing the Point
http://djia.tv/ron-
paul/ron-paul-to-
sean-hannity-youre-
missing-the-point/
NotApplicable
And he
gets paid
damn well
to do so!
redpill
RON
PAUL
MONEY BOMB
TODAY
http://www.ronpaul2012.com/
I've already
sent 500
soon-to-be-
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Fri,
12/16/2011
- 15:01 |
1987937
Fri,
12/16/2011
- 15:47 |
1988104
worthless
FRNs his
direction, can
you all send
him 100 or 50
please?
Xkwisetly
Paneful
America
where the
obese car
and home
owners
are
considered
poverty
stricken.
As long as
they
contnue to
define
poverty as
the
bottom
1/6th,
any
economic
downturn
will result
in
>=1/6th
of thepopulation
being
poverty
stricken.
Yardfarmer
not that it
really
makes any
difference,
but your
savior will
only serve
to split
the moron
republican
vote and
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Page 15ttp://www.zerohedge.com/news/50-economic-numbers-about-us-are-almost-too-crazy-believe
assure the
pseudo
pickaninny
marionette
another
term
unless
they
invade
Iran, call
the whole
thing anddeclare
martial
law as
they seem
to be
preparing
to do. the
idea of
participating
in yet
another
sham
election
should be
the
occasion
ofimmense
misgiving
at the very
least. but
any
acknowledgment
of
inevitable
would
only leave
the screen
heads,
internet
voyeurs
and
keyboardjockeys
nothing to
contemplate
but their
own
feckless
and
ineffectual
impotence.
go absorb
yourself in
yet
another
useless
celluloid
phantasy
and await
the arrival
of "the
One". you
could be
waiting a
long time
but you
would still
be in
possession
of your
-
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Fri,
12/16/2011
- 15:52 |
1988125
Fri, 12/16/2011
- 14:36 |
1987836
Fri,
12/16/2011
- 14:38 |
1987847
precious
illusions.
you just
got
fleeced.
TheFourthStooge-
ing
Put
me
down
for fifty
clownbux.
Robot Traders
Mom
You know
what?
Fuck Sean Hannity
and fuck Bret
Baier for that hit
job last night.
Throw in Bill
O'Reilly and youhave the three
biggest
douchebags in
Amerika.
My son maybe a
dumb troll, but he
is twice as smart
as that gaggle of
fucktards.
SheepDog-One
Their
job is
to support
politician
masters, thats
all, theyre
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Fri,
12/16/2011
- 15:22 |
1988016
Fri,
12/16/2011
- 14:41 |
1987854
Fri,
12/16/2011
- 15:10 |
1987971
Fri,
12/16/2011
buttboys.
Pladizow
Presstitutes!
A Lunatic
Bret
Baier.
Whata piece of
shit. He's
damned lucky
I wasn't Ron
Paul last
night.
pakled
This is
strictly a
subjective and
meaningless
observation
from one who
does not
necessarily
follow all
posts, but I
noticed that
lately I havent
ever seen
Robot Traders
Mom at thesame time as
Robot trader. I
also never see
Clark Kent
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- 15:17 |
1987999
Fri, 12/16/2011
- 15:32 |
1988048
Fri, 12/16/2011 -
14:14 | 1987750
Robot
Traders
Mom
That is a
good
observation@pakled.
His $50
Etrade
account I
set up on
his
birthday
last month
is down to
$1.79
right now.
You will
probably
beingseing
much
more of
me, then
him, for
awhile.
Rest
assured,
we only
look alike
but are
not the
same
person.
SteveNYC
#51 -
Estimated
number of
wars the hopeless
leadership has
dragged country
into recently.
Pladizow
Birth, Growth,
Maturation,
Decline and
Death - where's
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Fri, 12/16/2011
- 14:59 |
1987920
Fri,
12/16/2011
- 15:31 |
1988042
America?
An Ex-KGB Operative
will give a hint:
http://www.youtube.com/watch?
v=zeMZGGQ0ERk
AssFire
Excellent
link...Many of us
know the solution
and what is
logical.
Unfortunately
people lie to
themselves about
what is really
humane. How
many puppies
should an owner
be paid to raisewhen she has no
income of her
own?? It would be
inhumane and
racist not for us to
pay for her to
have more
puppies??? Hard
choices that will
be made with
fewer options the
longer this
country waits to
pick a logical
path.
http://www.shtfplan.com/headline-
news/unbelievable-
mother-of-15-
kids-som...
Dr. Acula
>Itwould
be
inhumane and
racist not for
us to pay for
her to have
more puppies?
It's inhuman
to steal 1 cent
from Bill Gates
to feed a
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Fri, 12/16/2011 -
14:44 | 1987862
Fri, 12/16/2011
- 15:54 |
1988133
starving child.
Because it's
stealing. And
whether you
mug someone
on the street,
or vote with
1,000,000
other people
to mug
someone, it's
still stealing.It's a violation
of property
rights, the
basis of the
market
economy and
the foundation
of civilization.
It's beast-like
behavior
that disintegrates
civilization
and leads us
inevitably to
living in
beast-likeconditions.
RMolineaux
I am
astounded by
the absolute
absence of logic in
the "collaps"
interview, where he
concludes that all of
the (correct) statisticsthat he cites were the
fault of the Federal
Reserve. Staring him
in the face are one
statistic after another
that testifies to the
corruption and
incompitence of the
congress and
president, as well as
the operations of the
Wall Street greed
platoon.
11b40
It's the FED
that allows
it all to
happen....or, more
accurately, directs
the show.
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Fri, 12/16/2011 -
14:56 | 1987906
Fri, 12/16/2011 -
15:01 | 1987938
Fri, 12/16/2011 -
15:14 | 1987984
ReactionToClose...
great post ...
have seen a
few of these ... but
not the aggregate of
'50'. Humbling &numbing ..... and it is
terrifying ...
vast-dom
Scary is the
understatement du
jour!
TeH FeD =
Destruction of moralsand econ systems =
illegal and
unconstitutional.
PD Quig
Except for
these facts
about 'those
living in poverty' in
the US:
80 percent of
poor
households
have air
conditioning. In
1970, only 36
percent of the
entire U.S.
population
enjoyed air
conditioning.
92 percent of
poor
households
have a
microwave.
Nearly three-
fourths have a
car or truck,
and 31 percent
have two or
more cars or
trucks.
Nearly two-
thirds have
cable or
satellite TV.
Two-thirds
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Fri, 12/16/2011
- 15:27 |
1988031
Fri, 12/16/2011
- 15:32 |
1988050
Fri, 12/16/2011
have at least
one DVD player,
and 70 percent
have a VCR.
Half have a
personal
computer, and
one in seven
have two or
more
computers.
More than halfof poor families
with children
have a video
game system,
such as an
Xbox or
PlayStation.
43 percent have
Internet access.
One-third have
a wide-screen
plasma or LCD
TV.
One-fourth
have a digital
video recorder
system, such asa TiVo.
Do I want to switch
places? Of course not,
but 90% of the rest of
the world would.
Willzyx
How much
of that
stuff is hand me
down or
donations? The
original
Playstation is 18
years old and can
be bought on
ebay for $10.
WhiteNight123129
Not 90% ,
mabe a
good 60%,
it might be 40% in
10 years....
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Page 23ttp://www.zerohedge.com/news/50-economic-numbers-about-us-are-almost-too-crazy-believe
- 15:43 |
1988087
Sean7k
Let's look
at those
facts:
-people have air
conditioning and
microwaves
because all rental
housing already
have them built
in. Further, that
air conditioning
can be a window
model. The
microwave can be
a counter top 90$
model.
-having a car or
truck and having a
nice car or truck
that runs are two
different things.
- having a
computer can be a
result of previous
good times when
they had jobs.
-same with video
systems or tivo.
-dial-up internet
is not exactly
expensive
-90% of the world
include China,
India and Africa.
So, we are to
compare ourselves
with 3rd world
economic levels?
Why not do a
comparison with
european income
levels instead?
Poverty is relative.
You use measures
of comparison
within the same
or similar
populations
unless you want
to exaggerate
your argument.
Considering that
the richest .02%
have continued to
increase the
disparity in
income and
wealth for the last
twenty years, this
continued erosion
in the standard of
living for a
significant part of
the population is
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Fri,
12/16/2011
- 16:02 |1988162
a roaring
condemnation of
past and current
political/economic
policy in the US.
Xkwisetly
Paneful
Yes
compare to
Europe:
Avg living
space in
USA=800sq ft
Avg living
space in
Europe=450sq
ft
Avg cars
owned in USA
per family 1.5
Avg cars
owned by Euro
per family .5
Avg price of
petrol in USA
3.35/gal
Avg price of
petrol in
Europe
$6.10/gal
Avg citizen in
the US is a
homeowner
and obese
Avg citizen in
Europe is a
renter and is
not obese
Oh but it is
utopia, I kep
reading about
it on the
internet.
The avg
"poor"
american lives
better than
the avg
working Euro
and it is not
close.
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Fri, 12/16/2011 -
15:19 | 1988004
Fri, 12/16/2011 - 14:02
| 1987686
Fri, 12/16/2011 - 14:03
| 1987689
Fri, 12/16/2011 - 14:27
| 1987690
pelican
Everyone is
such a
downer.
Come on, put on
CNBC and follow
Cramer into the grave.
Anyway, if you are a
Ann Barnhardt fan
check this out....
http://www.youtube.com/watch?
v=LPPxOP3na5o&feature=player_embedded#
!
sabra1
#51
500 lamp posts
will be adorned with new
hanging ornaments!
Ahmeexnal
HOPE AND
CHANGE!
hedgeless_horseman
AMER-ICAN
We settle for less!
Buy local you fucking
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#34The six
heirs of Wal-
Mart founder
Sam Walton
have a net
worth that is
roughly equal
to thebottom30 percentof
all Americans
combined.
http://www.washingtonpost.com/blogs/blogpost/post/wal-mart-heirs-have-same-net-worth-as-the-bottom-30-percent-of-americans/2011/12/09/gIQAkg6FiO_blog.htmlhttp://search.twitter.com/search?q=%2334http://www.zerohedge.com/users/hedgelesshorsemanhttp://www.zerohedge.com/user/register?destination=node%2F441826%23comment-formhttp://www.zerohedge.com/user/login?destination=node%2F441826%23comment-formhttp://www.zerohedge.com/users/ahmeexnalhttp://www.zerohedge.com/user/register?destination=node%2F441826%23comment-formhttp://www.zerohedge.com/user/login?destination=node%2F441826%23comment-formhttp://www.zerohedge.com/users/sabra1http://www.zerohedge.com/user/register?destination=node%2F441826%23comment-formhttp://www.zerohedge.com/user/login?destination=node%2F441826%23comment-formhttp://www.zerohedge.com/users/pelicanhttp://www.zerohedge.com/users/hedgelesshorsemanhttp://www.zerohedge.com/users/ahmeexnalhttp://www.zerohedge.com/users/sabra1http://www.youtube.com/watch?v=LPPxOP3na5o&feature=player_embedded#http://www.zerohedge.com/users/pelicanhttp://www.zerohedge.com/news/50-economic-numbers-about-us-are-almost-too-crazy-believe#comment-1987690http://www.zerohedge.com/news/50-economic-numbers-about-us-are-almost-too-crazy-believe#comment-1987689http://www.zerohedge.com/news/50-economic-numbers-about-us-are-almost-too-crazy-believe#comment-1987686http://www.zerohedge.com/news/50-economic-numbers-about-us-are-almost-too-crazy-believe#comment-1988004 -
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Fri, 12/16/2011 -
14:31 | 1987816
Fri, 12/16/2011
- 15:03 |
1987838
Fri,
12/16/2011
- 15:15 |
1987985
Fri,
morons!!!!
Stop sending your capital
out of town, out of state,
and out of the country.
Read The Geography of
Nowhereby Kunstler.
MachoMan
Can't afford
local, what's
your next
suggestion?
hedgeless_horseman
1. Local
prices
high?
Great! So
then be a
local
producer of
something...anything!
2. Stop buying
crap
3. Stop eating
crap
4. Get rid
of the
television
5. Move to a
town
without
a Wal-Mart
The long-term
truths are that we
can't afford to
NOT buy local,
and there is no
free lunch.
SillySalesmanQu...
AMEN!
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12/16/2011
- 15:49 |
1988113
Fri,
12/16/2011
- 15:22 |
1988017
nope-1004
As
I've said
before,
Chinese
goods are
inexpensive
for one
reason
and one
reason
only:
They're
100%
JUNK.
Yes, buy
local.
Make
local. Do
local. The
shit
coming offthe boat is
only
adding
toxicity to
our
landfills.
IBelieveInMagic
Wouldn't
reducing your
consumption
just aggravate
the recession
-- your spend
is ultimately
somebody's
income.
The truth is
that there are
no easy
options and
all our
blaming X, Y
or Z (read
Obama,
Bernanke,
Congress,
banksters,
who have, of
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Fri,
12/16/2011
- 15:37 |
1988041
course,
aggravated
and hastened
the disaster by
taking
advantage of
their status)
for this state
of affairs is
futile. The
reality is that
humans are bynature not
prone to
cooperate and
work with self
enlightened
self interest -
- if the
banksters had
not taken
advantage,
there would
have been
some other
advantaged
party that
would have
exploited thesituation.
Mind you, I
am not an
apologist for
banks -- I am
just trying to
understand
and articulate
the reality.
hedgeless_horseman
Aggravate
the
recession?
You
wouldn't
happen to
be a Nobel
Prize
winning
writer for
the NYT
with the
initials PK?
The
recession,
as you
say, was
not caused
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Wouldn't reducing your consumption justaggravate the recession
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Fri,
12/16/2011
- 15:36 |
1988058
by
reduced
consumption.
It was
caused by
too much
debt.
So, by
your
thinking, shouldn't
reducing
debtappease
the
recession?
If so,
then
reducing
debt can easily
be
accomplished
by
increasing
income
(producing
something)
and
reducingexpenses (consumption).
This is
exactly
what I
advocate
above.
Confused
The
reality is
that
humans
are by
nature
not prone
to
cooperate
and work
with self
enlightened
self
interest
Then
please
explain
how
society
came
about?
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Fri,
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- 15:56 |
1988143
Fri, 12/16/2011
- 14:37 |
1987842
ffart
Theking
steals
all the
children,
forces
them
into
government
indoctrination
camps
where
they're
taught
that
there
wasalways
a
kingdom
and
without
the
kingdom
enforcing
laws
cooperation
between
them
would
be
impossible
since
they're
all evil
and
need
to be
controlled
by
their
wise
and
just
rulers.
RafterManFMJ
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Fri, 12/16/2011
- 15:24 |
1988023
Fri, 12/16/2011
- 15:29 |
1988035
Fri, 12/16/2011 -
15:50 | 1988116
Fri, 12/16/2011 - 14:03
| 1987692
Sudden Debt
That is
the
biggest
load of crap ever!!
To many peoplelike to buy to
much cheap stuff.
Buy to much
cheap food, and
you know what?
Most Americans
are FAT ASSES!!!
Can't afford? LOSE
WEIGHT EAT LESS
FATSO'S!!!!
I mostly buy
healthy local food.
I CARE ABOUT MY
HEALTH!
Every time I go tothe US, I take
photo's of all the
Fat people to
show at home and
to make fun of!
When we think of
Americans, we
think of fat
people!
How fucked up is
that?!
Willzyx
For
most products
other than food,
local doesn't
even exist.
HandymanI'll bet the
bottom 30%
spend 50% of
their net income at
Wallmart.
comments
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Fri, 12/16/2011 -
14:27 | 1987799
Fri, 12/16/2011
- 14:55 |
1987900
Fri, 12/16/2011 - 14:04
| 1987696
Fri, 12/16/2011 -
15:30 | 1988038
Milton Waddams
Re #34 - if you
have two nickles
to rub together
after factoring in money
owed you likey have a
greater net worth than
the lower 30 percent
combined.
InconvenientCou...
If you have
nickels, don't
spend them.
If you happen to ever
place an order to the
U.S. mint for a pallet
of nickels and they
ask why, tell them
"...it's because you
like nickels."
SoNH80
What this
country
needs is a
good nickle cigar.
pods
Other than that
Mrs. Lincoln, how
did you like the
play?
pods
youLilQuantFuker
I dunno. It'snot scary, it's
time to
awaken people.
Kind of reminds me of
stories told about the
Brits infiltrating
Ireland. The brits had
organizations to bribe
the politicians in
order to get their way.
They would then vote
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- 16:06 |
1988169
Fri, 12/16/2011 - 14:04
| 1987698
Fri, 12/16/2011 -
14:37 | 1987843
Fri, 12/16/2011 -
15:48 | 1988108
in and appoint judges
to the bench to
change laws and favor
the brits.
The goal was to loot
the country and
enslave the people.
Then the IRA fought
back and won.
I wonder what the
Lizards are going to
do when the American
Republican Army
(ARA) comes looking
for them?
hedgeless_horseman
The IRA didn't
win. It sued for
peace. Northern
Ireland is still part
of the UK.
Canaduh
America peaked
with the XFL.
Jumbotron
Homer wouldagree.
http://flowtv.org/wp-
content/uploads/2009/10/xfl.png
Wannabee
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Then
the
IRA
fought
back
and
won.
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Fri, 12/16/2011 - 14:04
| 1987701
Fri, 12/16/2011 -
14:13 | 1987739
Fri, 12/16/2011
- 14:29 |
1987810
Fri,
12/16/2011
- 14:45 |
1987865
Priceless...He
Hate Me
sabra1
House Passes $1
Trillion-PlusSpending Bill,
Avoiding Government
Shutdown (Story
Developing)
A Lunatic
Yes, and
guess what?
No one even
had time to read the
mother fucker. Feelingrepresented yet? This
is BULLSHIT.
Kaiser Sousa
Look,
didn't u
get the
memo...this is a
democracy
man...that's whyeverybody
hates....because of
our
freedoms!!!!!!!!!!!
A Lunatic
I'm
stillusing
the original
memo.........
the
Constitution.
I'm old
school............,
Bitchez.
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