Obama's plan to make us all dependant and scared is still going strong “People will shyly say to me, ‘You know, I used to give money and food to you guys. Now I need your help,’” Williams told The Fiscal Times last week. “Most of the folks we see now are people who never took a handout before. They were comfortable, able to feed themselves, to keep gas in the car, and keep a nice roof over their head.”
Along with the mandatory blurb about income inequality - as if that were the issue itself, rather than the fact that some people have jobs and others don't because of Obama and his liberal fascist job killing ideas.
[/quote]The past decade has marked the most significant rise in poverty in modern times. One in six people in the U.S. are poor, according to the latest census data, compared to one-in-ten Americans in 2004. This surge in the percentage of the poor is fueling concerns about a growing disparity between the rich and poor — the 99 percent versus the 1 percent in the parlance of the Occupy Wall Street movement.
But contrary to stereotypes that the worst of poverty is centered in urban areas or isolated rural areas and Appalachia, the suburbs have been hit hardest in recent years, an analysis of census data reveals. “If you take a drive through the suburbs and look at the strip mall vacancies, the ‘For Sale’ signs, and the growing lines at unemployment offices and social services providers, you’d have to be blind not to see the economic crisis is hitting home in a way these areas have never experienced,” said Donna Cooper, a senior fellow at the Center for American Progress, a progressive think tank.[/quote]
Soon we will
look like thisThrough some process, socialism has apparently increased the discount rate to the point where the future is consumed for the sake of the present. Not only is investment taxed to feed consumption, tomorrow is hocked to pay for today.
Meanwhile the Capital flight from Europe is strengthening that Dollar - go buy some more bullion while its on sale.
