ALERT! U.S. Depression Breadline Hits New RECORD! Fed Discount Rate almost a FOOL Percent
Posted on March 6th, 2010 by admin
ALERT! U.S. Depression Breadline Hits New RECORD! FED Discount Rate Hike and Obamas help for homeowners.
FOOD STAMPS BLOW THE RECORD, up 750,000 in one month
http://www.frac.org/html/news/fsp/2009.10_FSP.htm
Fed Boosts rate on secret loans
http://finance.yahoo.com/news/Fed-bumps-up-rate-banks-pay-apf-4141548450.html?x=0&.v=3
China losing its appetite to burn their money
http://www.ft.com/cms/s/0/a9c5a39e-1cb5-11df-8d8e-00144feab49a.html
econ
http://finance.yahoo.com/news/New-jobless-claims-producer-rb-1321801194.html?x=0&.v=3
Walmart
http://www.ft.com/cms/s/0/4c23fbdc-1c8d-11df-8456-00144feab49a.html
Entitlement cost growing
http://www.washingtonpost.com/wp-dyn/content/article/2010/02/18/AR2010021805609.html?hpid=moreheadlines
Living in you car
http://www.walletpop.com/blog/2010/02/18/cars-the-latest-form-of-affordable-housing/
What happens to gold if rates go up?
http://www.youtube.com/watch?v=MM0tNfJIQjk
Duration : 0:6:20
March 6th, 2010 at 4:30 am
@Oilwellian Marxist …
@Oilwellian Marxist and Fascist both believe in totalitarianism. So they share the some of the same qualities, but they are not the same. Fascism is the merger of state and corporation power. Usually corporations taking over the state. Whereas Marxism is the state taking over everything in the society.
March 6th, 2010 at 4:30 am
@cash4medaily Yeah, …
@cash4medaily Yeah, the economy is recovering. And I’m going to be banging Avril Lavigne. LOL
Let’s get real, shall we?
March 6th, 2010 at 4:30 am
If you don’t have a …
If you don’t have a job, you will lose your house. it’s common sense. The government can’t change that. it’s sad, but hey…we live in the real world.
March 6th, 2010 at 4:30 am
I’m sorry, but one …
I’m sorry, but one can’t be a Marxist and a Fascist at the same time. You are either one or the other. It’s silly to call someone a marxist fascist. It just doesn’t make sense.
Insofar as my “Marxist political beliefs,” I’m wondering if you just pulled that out of your since I’ve shown no indication of being a Marxist.
Personally, I believe Obama is a fascist and do not claim him as any sort of leader I can support. And no, I do not teach at UC Santa Cruz or Cal Berkley.
March 6th, 2010 at 4:30 am
You do such a great …
You do such a great job on reporting all of us, better than any mainstream media ever could. Props!
March 6th, 2010 at 4:30 am
i think the …
i think the recovery is working great. I dont think anything bad will happen and that is what the bunny told me when i was standing in the light at the end of the rainbow. true story.
March 6th, 2010 at 4:30 am
Lawl… Ok ok you …
Lawl… Ok ok you win. I’m sorry for posting misleading numbers on this one youtube video. But if you look at what I was trying to say, then the figures don’t even matter. All I was trying to say was every American would have to spend a lot of money.
March 6th, 2010 at 4:30 am
The debt incurred …
The debt incurred during the credit bubble cannot be paid and must be liquidated. So far we have largely seen transference of debt obligations from insiders to the public. Ironically these same insiders are lobbying to maintain these subsidies and transfers, and also to take a hard line against any further remediation of the consequences of the collapse, which they caused, on the public, to have more for themselves. Their greed and hypocrisy know no bounds.
March 6th, 2010 at 4:30 am
LOL – MzProgressive …
LOL – MzProgressive changes to MzLibertarian.
March 6th, 2010 at 4:30 am
I totally agree and …
I totally agree and have said it before, we are in a depression and they just won’t say it is one because of the political and financial aspects of saying it.
March 6th, 2010 at 4:30 am
No the rich love …
No the rich love third world wages. The entire delta goes right in to their pockets.
March 6th, 2010 at 4:30 am
Housing Prices must …
Housing Prices must drop to 1989 levels to match incomes.A way to do this would be to tax at 100 per cent all gains on sales that exceed the increase in the CPI.
March 6th, 2010 at 4:30 am
it’s been coming …
it’s been coming for yrs.. when the corporations started exporting industry, began importing foreign goods the US became a low wage service economy there was nowhere to go but down..2 incomes are a must now..in 1970 only 1 was needed..the FED and corporations have been working to bring back the 19th century economy of the company store / sweat shop
March 6th, 2010 at 4:30 am
I work in the steel …
I work in the steel industry. We are booming right now. Does anyone have any info on the future of Steel. We just signed a five year deal with Honda and Toyota to produce all the high grade steel for their American made vehicles. Beyond that Im leary.
March 6th, 2010 at 4:30 am
@ElectronicsGadgets …
@ElectronicsGadgets – you cant get an American to work for minimum wage. The illegals do the work that we dont want. I agree that we have to do something with them though.
March 6th, 2010 at 4:30 am
@d4n13lr0x – …
@d4n13lr0x -Actually if every American spent 43000, our debt would be cleared. Thats 13 trillion divided by 300 million. Its very simple math. Plus I read it in the Wall st Journal. Scary huh. You probably should research before you post misleading numbers like that. In that case our debt would only be 12 billion.
March 6th, 2010 at 4:30 am
I have a good job i …
I have a good job i am lucky
March 6th, 2010 at 4:30 am
You are right…
You are right…
March 6th, 2010 at 4:30 am
@truthsabre7
Maybe …
@truthsabre7
Maybe we should impeach Obongo and the world will be ok
March 6th, 2010 at 4:30 am
You ani’t seen …
You ani’t seen nothing yet. you think this is bad?
Just wait.
March 6th, 2010 at 4:30 am
We send all our …
We send all our job’s overseas, and still do not bring them back to the states when our country is falling apart. You want capitalism, your gonna get it, and eventually even the rich will become the new middle class, and there will be no rich people anymore.. I am used to living meager, so i have been doing fine. Good luck to all of you addicted to your iPod phones and SUV’s. Say what you want about the government, until they force US corporations to behave more responsibly you all are doomed.
March 6th, 2010 at 4:30 am
Hey Pal, I can tell …
Hey Pal, I can tell you most of the people are not being hired its because they have either No expericence, No Training, Have a Disability/Mental Illness Prices Go Down the Corporations seriously won’t let that happen they promote Greed to the broad and Poverty and Discrimination to their Workforce.
I would like you to read a NY Times Article “The New Poor” this Story will show the Middle Class is dead in America so Today either you have it or You don’t Its as simple as that.
March 6th, 2010 at 4:30 am
i love you bush.
i love you bush.
March 6th, 2010 at 4:30 am
Top video!
Top video!
March 6th, 2010 at 4:30 am
You, know, if every …
You, know, if every American used $5,000 in one day, then we’ll get out of national debt. But as if anyone will do that