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See if you can rise above personal attacks.

Point taken ....now waiting for a post for the weak and vulnerable,a compassion post so to speak from Colby...dont recall one...sadly dont think one was ever made by Colby. A post like that would be (to QUOTE COLBY himself) timely!!

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Edited by Steven Gaal
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2.5 Million Children Are Homeless in US, New Data Reveals (CLICK LINK)

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A historic number of America's youth – 2.5 million children – are homeless according to a report recently released by the National Center on Family Homelessness. These children, the report shows, are victims of a number of variables that contribute to homelessness including single motherhood, racial disparities and low household incomes.

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The American Dream deferred for young Americans: Living in rentals, inflated college tuition, and low wages await millions of young Americans.

The Americans Dream was largely built on a few simple ideals. One was the ability to purchase your own home without needing artificially low rates and dangerously low down payments. Another key aspect of the dream was allowing young Americans to receive a college education to pursue their future. While more Americans are going to college, many are taking on dangerously high levels of debt to embark on this journey. Another key component of the American Dream was having the ability to have a job that paid well enough to have a good standard of living. That standard of living is eroding as inflation is eating away purchasing power. It is hard to come to terms but the upcoming generation may not have it as good as that of the baby boomers. There is no fast and hard rule saying that each generation should be better. That is why the middle class rising in the US was a historical anomaly. Something worth aspiring and investing in.
Edited by Steven Gaal
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....now waiting for a post for the weak and vulnerable,a compassion post so to speak from Colby...dont recall one...sadly dont think one was ever made by Colby. A post like that would be (to QUOTE COLBY himself) timely!!

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America Should You Believe What They Tell you or What You See?

http://www.marketoracle.co.uk/Article48597.html

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WEALTH AND POVERTY IN THE UNITED STATES - Jeremy Cloward, Ph.D. (CLICK LINK)

snip: Unlike income, wealth is determined not by one’s salary but instead is based upon an individual’s assets. Based on this criteria, as of 2014, the bottom 80% of the US population controls just 7% of the wealth in the United States combined. Yet, as noted, the gap between the wealthiest 1% of the United States and the other 99% is greater than at any time since 1928, the year before the Great Depression began.



Read more: whatreallyhappened.com http://whatreallyhappened.com/#ixzz3MQj4Ttgj
Edited by Evan Burton
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Exposing The Deception: How The US Economy "Grew" By $140 Billion As Americans Became Poorer (click link)

Regular readers will recall that last month, at the same time as the US Bureau of Economic Analysis reported was a far better than expected 3.9% GDP (since revised to 5.0% on the back of the previously noted Obamacare spending surge), it also released its Personal Spending and Income numbers for the month of October, or rather revised numbers, because as we explained exactly one month ago "Americans Are Suddenly $80 Billion "Poorer"" thanks to (upward) revised spending data and (downward) revised income. What this meant a month ago is that as a result of a plunge in the imputed US savings rate, some $80 billion in personal savings was revised away from the average American household and right into the US economy.

After all, something had to grow the US GDP by a massive amount in order to give the Fed the green light it needs to hike rates eventually, just so it can then ease when the global dry powders from all the other central banks is used up.



Read more: whatreallyhappened.com http://whatreallyhappened.com/#ixzz3MpL2qNBt
Edited by Evan Burton
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Christmas in America: Growing Poverty, Unemployment and Homelessness in the World’s Richest Country

Poverty is a growth industry. So is human misery. America is banana republicanized. Unfit to live in for growing millions.

Democracy is pure fantasy. A facade masking New World Order harshness. Monied interests run things. Class war rages.

Inside the bubble it’s paradise. Outside it’s dystopian hell. America is venal. Corrupted. Depraved. Degenerate. Too broken to fix.

“The foul stench of corruption and hypocrisy that emanates from Washington is the smell of a dying country,” says Paul Craig Roberts.

Good tidings and cheer at Christmas and throughout the year are for America’s privileged alone. No joy to the world for most others.



Read more: whatreallyhappened.com http://whatreallyhappened.com/#ixzz3N0YtPqSr
Edited by Evan Burton
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Specter of Debtors’ Prisons Looms Over Americans Who Just Can’t Pay: “You Can’t Squeeze Blood From a Turnip” (CLICK LINK)

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Thanks in part to the growing trend of private collection agencies – including those who service fines and penalties assessed by government agencies – the inability or failure to pay debts is resulting in arrest warrants, mounting costs and, yes, jail time.



Read more: whatreallyhappened.com http://whatreallyhappened.com/#ixzz3NUXGvTUb
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  • 2 weeks later...

NO.... NO I KNOW WHAT YOUR THINKING > COLBY WAS NOT PART OF THE SURVEY
Edited by Evan Burton
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The US Economy Is So Bad... Even Lottery Sales Are Collapsing (CLICK LINK)

For what appears to be the first time on record, Powerball Lottery Sales declined year-over-year. As the following slides show, lottery sales declined 19% in FY14 vs FY13 and even more stunningly reflective of a nation whose disposable income (and hope) is in such short supply, sales in the first half of FY15 are down 40% from the first of FY14. As LaFleurs concludes, this will make it very challenging for most Lotteries to manage their budgets...

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ECONOMIC DEATH SPIRAL: MORE AMERICAN BUSINESSES DYING THAN STARTING (CLICK LINK)
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Edited by Evan Burton
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The Shrinking Income of Young Americans (CLICK link)

American families are grappling with stagnant wage growth, as the costs of health care, education, and housing continue to climb. But for many of America’s younger workers, “stagnant” wages shouldn’t sound so bad. In fact, they might sound like a massive raise.

Since the Great Recession struck in 2007, the median wage for people between the ages of 25 and 34, adjusted for inflation, has fallen in every major industry except for health care.



Edited by Evan Burton
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For the first time in at least 50 years, a majority of U.S. public school students come from low-income families, according to a new analysis of 2013 federal data, a statistic that has profound implications for the nation.

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27 Facts That Show How The Middle Class Has Fared Under 6 Years Of Barack Obama (LINK)

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Middle class decline looms over final years of Obama presidency (LINK)

Barack Obama enters the final two years of his presidency with a blemish on his legacy that looks impossible to erase: the decline of the middle class he has promised to rescue.

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Edited by Evan Burton
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