Hopeless and Discouraged

Poll: 47% of Unemployed Have ‘Completely Given Up’ Looking for a Job

A new poll suggests that finding employment, particularly for the long-term unemployed, continues to be a struggle for Americans. The poll, conducted by Harris Poll on behalf of Express Employment Professionals, asked questions of 1,500 unemployed adult Americans last month. “This survey shows that millions of Americans are at risk of falling into the trap…

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Patriot Power Hour (May 18th, 2014) – Full Spectrum Warfare

  Banksters and their minions are waging war against free humanity on all fronts – this episode covers some of the latest flashpoints and news, and offers some solutions as well — Be sure to tune into the Patriot Power Hour w/ Lucifer Bernanke *LIVE* Every Sunday Night at 9 PM Eastern at WakingRadio.com What…

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Student loan Delinquencies 2

Student Loans Soar To Record $1.111 Trillion, Up 12% In Past Year

We have covered the topic of the student loan bubble extensively in the past so we won’t waste more digital ink on where it comes from or what it means for the troubled US consumer, suffice to report that according to the Fed, in Q1 total Federal student loans rose by another $31 billion to a…

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Real Wages

No Raises For Anyone: Real Hourly Wages Decline For The First Time Since 2012

In order to justify the US “recovery”, one of the recurring themes has been that wages of US workers are going up…. any minute now. And since any minute now has been the common refrain for about five years now, some are getting skeptical. Not us: we have known since 2009 that the Fed’s “plan” of making billionaires…

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EvilFed3

Patriot Power Hour (5/4/2014) – THE NUMBERS ARE ALL FAKE!

GDP, Inflation, Unemployment, Labor Force Participation, Obama Approval Rating —- ALL FAKE! Upend their propaganda machine w/ Lucifer Bernanke on this week’s episode of the Patriot Power Hour!     Be sure to tune into the Patriot Power Hour w/ Lucifer Bernanke *LIVE* Every Sunday Night at 9 PM Eastern at WakingRadio.com What are your…

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for-rent

Rents Soar To Record High As Homeownership Rate Plunges To 19 Year Low

Each quarter, when we perform our regular update on trends in US homeownership and rents using Census Bureau data, we say that “The American Homeownership Dream is officially dead. Long live the New Normal American Dream: Renting.” One thing we added in 2013 is that the American Dream has now officially became a full-blown nightmare after mortgage…

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Dollar BandAid

16 Signs That Most Americans Are NOT PREPARED For The Coming Economic Collapse

  #1 Could you come up with $2000 right now?  According to a shocking study that was just released, most Americans could not… Forty percent of individuals in the U.S. said they could not or probably could not come up with $2,000 if an unexpected need arose, according to research by Atif Mian of Princeton University and…

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All Time High Collapse

Q1 2014 is Over – Check Out These 8 New ‘Record Highs’

If you’ve been a reader for any length of time, you know one of the things I periodically do is scan headlines for phrases like “record high” or “all time high”. The results can often given an interesting big picture perspective of what’s happening in the world. 1) President Obama’s disapproval rating hits a record HIGH…

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Walmart Admits in its Annual Report that its Profits Depend Heavily on Corporate Welfare

Following up from my post earlier today, A First Look at a New Report on Crony Capitalism – Trillions in Corporate Welfare, some really juicy additional corporate welfare queen news has now come across my screen. It appears that Walmart has admitted the potentially severe adverse impact a reduction in food stamp payments could have on…

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no-retirement-savings

34% of Workers Have Less Than $1,000 for Retirement; Up From 28% in 2013!

The percentage of workers who feel confident about their retirement security rebounded last year as Wall Street rallied, but the outlook remains bleak for workers without retirement benefits. Thirty-six percent of workers have less than $1,000 in savings and investments for retirement, according to the 2014 Retirement Confidence Survey from Employee Benefit Research Institute. This…

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