Easing the Middle Class Squeeze -
Your choice for urban survival resources!
America has been compromised, some would say
hoodwinked by Washington. Does anyone care?
Many feel the American Dream has been shattered and voting is a waste of time.
After all, neither party has lived up to its campaign promises for the past
35 years and instead, they've bankrupted our country.
As a result of free trade policies initiated by Pres. George W. Bush, our country has lost millions of jobs to outsourcing. At the same time, US immigration policy has fostered open borders allowing US multinational firms to export high paying jobs to foreign nations, essentially, gutting middle class jobs and benefits.
At the same time, an underclass of illegal immigrants flowed into the US to compete for jobs at lower benefits and pay - the loser has been the middle class. So-called free trade agreements have been used to railroad American workers producing a real decline in income.
The federal government will spend more time harrassing the state of Arizona and its immigration bill than it spends on enforcing existing laws.
Meanwhile, without a tax base to support the federal, state and local governments, the feds have bankrupted our nation both financially and morally...it only took them 30 years!
"I would argue that the most serious threat to the United States
isn't someone hiding in a cave, but our own fiscal irresponsibility."
--David M Walker, former Comptroller General of the US
Ten years ago, America was at its economic peak.
Since then – we’ve seen the bust of the dot.com bubble, countless financial scandals, and another major market crash last year that wiped out many people’s life savings.
We've come close to losing our democracy through rigged elections, a rigged electoral process and the domination of politics by Wall Street and other special interests. We've also seen a decline in participation from ordinary people and an assault on the Bill of Rights and the Constitution mostly through...
...the implementation of The PATRIOT Act (which was actually written before 9/11!) whose draconian measures have diminished our civil rights and undermined our freedoms. No one who supposed to protect the country against these transgressions -the Supreme Court, Congress-, did a damned thing about living up to their oath of office.
Politicians, bankers, and big corporations have been…and continue to…feeding like pigs at the public trough – having the public pay for the messes they have made…resulting in “the little guy” never being able to get ahead and remaining stuck in the financial quagmire those gluttons created. Our freedoms, our environment, our natural resources have been squandered by greed from the Washington-Wall Street Cartel.
And if that isn’t bad enough…
Decreasing personal and financial privacy coupled with a lack of financial education for today’s youth and young adults…AND the diminished (now almost non-existent) faith in big business and politicians is leading the country further into chaos.
The Washington-Wall Street Cartel has decimated working class Americans with their ruthless anti-citizen policies.
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Two years ago today, Barack Obama was inaugurated as president of the United States . Are you better off today than you were two years ago? Numbers don't lie, and here are the data on the impact he has had on the lives of Americans:
|
|
| % chg
| Source
| Avg. retail price/gallon gas in U.S.
|
|
| 69.6%
|
| Crude oil, European Brent (barrel)
|
|
| 127.7%
|
| Crude oil, West TX Inter. (barrel)
|
|
| 135.9%
|
| Gold: London (per troy oz.)
|
|
| 60.5%
|
| Corn, No.2 yellow, Central IL
|
|
| 78.1%
|
| Soybeans, No. 1 yellow, IL
|
|
| 42.3%
|
| Sugar, cane, raw, world, lb. fob
|
|
| 164.7%
|
| Unemployment rate, non-farm, overall
|
|
| 23.7%
|
| Unemployment rate, blacks
|
|
| 25.4%
|
|
|
|
| 24.7%
|
| Number of fed. employees, ex. military (curr = 12/10 prelim)
|
|
| 2.2%
|
| Real median household income (2008 v 2009)
|
|
| -0.7%
|
| Number of food stamp recipients (curr = 10/10)
|
|
| 35.1%
|
| Number of unemployment benefit recipients (curr = 12/10)
|
|
| 22.2%
|
| Number of long-term unemployed
|
|
| 146.2%
|
| Poverty rate, individuals (2008 v 2009)
|
|
| 8.3%
|
| People in poverty in U.S. (2008 v 2009)
|
|
| 9.5%
|
| U.S. rank in Economic Freedom World Rankings
|
|
| n/a
|
| Present Situation Index (curr = 12/10)
|
|
| -21.4%
|
| Failed banks (curr = 2010 + 2011 to date)
|
|
| 17.1%
|
| U.S. dollar versus Japanese yen exchange rate
|
|
| -8.6%
|
| U.S. money supply, M1, in billions (curr = 12/10 prelim)
|
|
| 18.4%
|
| U.S. money supply, M2, in billions (curr = 12/10 prelim)
|
|
| 6.5%
|
| National debt, in trillions
|
|
| 32.2%
|
|
(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury
|
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