Tag Archives: poverty

Almost 50 million Americans now on food stamps as nation plunges into widespread poverty

US unemployment queue

As economic recovery continues to prove dismal if not illusory, American families are signing up for food stamps in record numbers, showing signs that poverty is increasing and the job market is far from recovering. According to official U.S. Department of Agriculture (USDA) numbers, households on food stamps increased by 45,900 in one month, hitting a staggering new high in ... Read More »

Thousands of Israelis protest against austerity measures

Tel Aviv protest

Thousands of Israelis have taken to the streets to protest against Tel Aviv’s austerity measures and to demand social justice. The demonstrators, who were angry with the high cost of living, blocked Ayalon Freeway in Tel Aviv late on Saturday. They chanted slogans against Israel’s Prime Minister Benjamin Netanyahu and Finance Minister Yair Lapid. Protesters carried placards that read “It’s ... Read More »

Globalist funded think tank says poverty will save planet

world poverty

The Center for Economic Policy and Research, described as a liberal think tank, has produced a study claiming less work will save the planet from global warming. Economist David Rosnick, who produced the analysis, says the world should adopt a “more European” work schedule as a way to reduce carbon emissions. “The relationship between [shorter work and lower emissions] is complex ... Read More »

World’s 100 richest earned enough in 2012 to end global poverty 4 times over

starvation

The world’s 100 richest people earned a stunning total of $240 billion in 2012 – enough money to end extreme poverty worldwide four times over, Oxfam has revealed, adding that the global economic crisis is further enriching the super-rich. “The richest 1 percent has increased its income by 60 percent in the last 20 years with the financial crisis accelerating ... Read More »

America’s lost decade in one simple chart

America food stamps

Forget the stock market’s dismal decade of much-ado-about-nothing and ignore the USD Dollar’s declination; when it comes to reflection on what this once great nation has ‘created’ since 2001, the following chart from Pennsylvania’s Department of Public Welfare sums it up better than most. Source: http://www.zerohedge.com/news/2012-11-27/americas-lost-decade-one-simple-chart Read More »

US food stamp usage rises to new record high

food stamps

While the 0.4% perfectly unmanipulated and totally coincidental swing in the unemployment rate in an Obama favorable direction one month before the election came at a prime time moment for the market, one hour ahead of the open, setting the market mood for the rest of the day (which despite all best efforts still closed red, valiant efforts by Simon Potter and ... Read More »

America’s descent into poverty

Poverty

The United States has collapsed economically, socially, politically, legally, constitutionally, and environmentally. The country that exists today is not even a shell of the country into which I was born. In this article I will deal with America’s economic collapse. In subsequent articles, i will deal with other aspects of American collapse. Economically, America has descended into poverty. As Peter ... Read More »

Bankster fraud has driven 100 million into poverty, killing many

jail_the_banksters

Fraud caused the Great Depression and the current financial crisis, and the economy will never recover until fraud is prosecuted. Fraud is the business model adopted by the giant banks. See this. The Obama administration has made it official policy not to prosecute fraud.  Indeed, the “watchdogs” in D.C. are so corrupt that they are as easily bribed as a policeman in a third world banana republic. The mouthpieces in Wall Street and D.C.  ... Read More »

More than 100 million Americans are on welfare

welfare queues

There are more Americans dependent on the federal government than ever before in U.S. history. According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government.  Many are enrolled in more than one. That is about a third of the entire ... Read More »