EBT EBT

SHOCK REPORT: 70 MILLION PEOPLE WOULD BE STARVING IN THE STREETS WITHOUT GOVERNMENT WELFARE PROGRAMS

Amid all the talk of recovery by politicians, economic officials and big business leaders, the fundamental numbers behind all the propaganda tell a starkly different story. Home sales have dropped to record lows, more people are out of the workforce than anytime in the last 50 years, and cash-strapped consumers have run out of money…

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Foodflation

Infographic: Foodflation – Since QE3, Breakfast Is Up Over 24%

Having pointed out the ‘surges’ in the cost of your 4th of July burger at the behest of Greenspan and Bernanke, we thought a reflection on the soaring costs of ‘the most important meal of the day’ were in order. As the following chart illustrates in words and pictures even a PhD Fed economist or CNBC…

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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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Food Insecurity

Epidemic Of Hunger: New Report Says 49 Million Americans Are Dealing With Food Insecurity

If the economy really is “getting better”, then why are nearly 50 million Americans dealing with food insecurity? In 1854, Henry David Thoreau observed that “the mass of men lead lives of quiet desperation”. The same could be said of our time. In America today, most people are quietly scratching and clawing their way from…

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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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welfare.smily face.walmartjpg

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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DebtBomb1

US now spending 26% of available tax revenue just to pay interest

By the 19th century, the Ottoman Empire had become a has-been power whose glory days as the world’s superpower were well behind them. They had been supplanted the French, the British, and the Russian empires in all matters of economic, military, and diplomatic strength. Much of this was due to the Ottoman Empire’s massive debt…

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The Tax Man Cometh (OBAMA0

A List Of 97 Taxes Americans Pay Every Year

If you are like most Americans, paying taxes is one of your pet peeves. The deadline to file your federal taxes is coming up, and this year Americans will spend more than 7 billion hours preparing their taxes and will hand over more than four trillion dollars to federal, state and local governments. Americans will…

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