75 economic numbers from 2012 that are almost too crazy to believe...

[Bleipriester]

Terrible facts, medias hate to publish...

Isn´t there something to do?

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

 

[Mr. H.]

Obama has been hard at work.

Thank goodness he was invited back for 4 more years.

 

[Rozman]

Obama has been hard at work.

Thank goodness he was invited back for 4 more years.

The only thing that makes sense is that this is the direction the Democrat party wants to go. Or....

They just voted for him because he's black and didn't care about anything else...

 

[Bleipriester]

I don´t think it has anything to do with the Democratic Party in particular. Wouldn´t look different with the Republicans. Both aren´t sustainable.

 

[georgephillip]

Terrible facts, medias hate to publish...

Isn´t there something to do?

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

From your link:

"What a year 2012 has been! The mainstream media continues to tell us what a 'great job' the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class.

"It is imperative that we educate the American people about the true condition of our economy and about why all of this is happening.

"If nothing is done, our debt problems will continue to get worse, millions of jobs will continue to leave the country, small businesses will continue to be suffocated, the middle class will continue to collapse, and poverty in the United States will continue to explode."

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

Once upon a time US investors needed a viable middle class in this country to produce the goods and services and to drive 70% of US GDP with their purchasing power. Today, US investors have a much larger middle class rising in Brazil, China, and India than they ever had here; the US middle class has become an impediment to rising incomes among the richest 10% of Americans.

And elected Republicans AND Democrats depend on the richest 1%-10% to fund their campaigns.

 

[Mad Scientist]

ZeroHedge is a great World Economic News Source.

From the Link:

#46 The United States has lost an average of approximately 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.
#47 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.

This is PLANNED. Both Parties support it and fool the American People into going along with it by calling it "Free Trade".

Notice it's not called "Fair Trade"?

 

[georgephillip]

"Paul Craig Roberts is a former Assistant Secretary of the US Treasury and Associate Editor of the Wall Street Journal..." with some thoughts on why the American people are being fooled by both major parties:

"The US economy has two serious diseases, and neither one is too much welfare spending.

"One disease is the offshoring of US middle class jobs, both manufacturing jobs and professional service jobs such as engineering, research, design, and information technology, jobs that formerly were filled by US university graduates, but which today are sent abroad or are filled by foreigners brought in on H-1B work visas at two-thirds of the salary.

"The other disease is the deregulation, especially the financial deregulation, that caused the ongoing financial crisis and created banks too big to fail, which has prevented capitalism from working and closing down insolvent corporations."

The Coming Crash of America » Counterpunch: Tells the Facts, Names the Names

 

[Truthmatters]

Terrible facts, medias hate to publish...

Isn´t there something to do?

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

The man who writes this shit is a known criminal

 

[Truthmatters]

Zero Hedge - Wikipedia, the free encyclopedia


Profile

Zero Hedge was founded in January 2009.[1] Posts are signed "Tyler Durden," a character in the Chuck Palahniuk book and movie Fight Club,[2] reflecting the news site's activist posture.[1] Despite speculation that "Tyler Durden" is a pseudonym of Daniel Ivandjiiski,[2][3] who was penalized for insider trading in New York in September 2008

 

[georgephillip]

Are you disputing any of his numbers?

"In December 2008, 31.6 million Americans were on food stamps. Today, a new all-time record of 47.7 million Americans are on food stamps. That number has increased by more than 50 percent over the past four years, and yet the mainstream media still has the gall to insist that “things are getting better”.

#2 Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, about one out of every 6.5 Americans is on food stamps."

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

 

[Rshermr]

Zero Hedge - Wikipedia, the free encyclopedia


Profile

Zero Hedge was founded in January 2009.[1] Posts are signed "Tyler Durden," a character in the Chuck Palahniuk book and movie Fight Club,[2] reflecting the news site's activist posture.[1] Despite speculation that "Tyler Durden" is a pseudonym of Daniel Ivandjiiski,[2][3] who was penalized for insider trading in New York in September 2008

Zero Hedge is not what you would call an unbiased source.

"In a sign of just how radically the order has shifted in the political and media world, neither the Times nor Schumer had a clue about the identity of the pseudonymous author behind Zero Hedge. As it happens, the founder is a 30-year-old Bulgarian immigrant banned from working in the brokerage business for insider trading. A former hedge-fund analyst, he’s also a zealous believer in a sweeping conspiracy that casts the alumni of Goldman Sachs as a powerful cabal at the helm of U.S. policy, with the Treasury and the Federal Reserve colluding to preserve the status quo. His antidote? A purifying market crash that leads to the elimination of the big banks altogether and the reinstatement of genuine free-market capitalism."
The Rising Power of Financial Blog Zero Hedge - Money 2009 -- New York Magazine

 

[georgephillip]

Zero Hedge - Wikipedia, the free encyclopedia


Profile

Zero Hedge was founded in January 2009.[1] Posts are signed "Tyler Durden," a character in the Chuck Palahniuk book and movie Fight Club,[2] reflecting the news site's activist posture.[1] Despite speculation that "Tyler Durden" is a pseudonym of Daniel Ivandjiiski,[2][3] who was penalized for insider trading in New York in September 2008

Zero Hedge is not what you would call an unbiased source.

"In a sign of just how radically the order has shifted in the political and media world, neither the Times nor Schumer had a clue about the identity of the pseudonymous author behind Zero Hedge. As it happens, the founder is a 30-year-old Bulgarian immigrant banned from working in the brokerage business for insider trading. A former hedge-fund analyst, he’s also a zealous believer in a sweeping conspiracy that casts the alumni of Goldman Sachs as a powerful cabal at the helm of U.S. policy, with the Treasury and the Federal Reserve colluding to preserve the status quo. His antidote? A purifying market crash that leads to the elimination of the big banks altogether and the reinstatement of genuine free-market capitalism."
The Rising Power of Financial Blog Zero Hedge - Money 2009 -- New York Magazine

Whoever he is, he links to Breitbart for Point #3

"In November, the U.S. Department of Agriculture reported that a record 47,102,780 individuals receive food stamps.

"According to US. Census Bureau data, that figure exceeds the combined populations of: Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."

Exclusive: Food Stamp Recipients Outnumber Populations of 24 States Combined

 

[Mad Scientist]

As it happens, the founder is a 30-year-old Bulgarian immigrant banned from working in the brokerage business for insider trading. A former hedge-fund analyst, he’s also a zealous believer in a sweeping conspiracy that casts the alumni of Goldman Sachs as a powerful cabal at the helm of U.S. policy, with the Treasury and the Federal Reserve colluding to preserve the status quo. His antidote? A purifying market crash that leads to the elimination of the big banks altogether and the reinstatement of genuine free-market capitalism."

That's not a conspiracy theory, that's a fact!

Tim Geithner = Goldman Sachs.
Hank Paulson = Goldman Sachs.

 

[georgephillip]

Wouldn't you think a former hedge fund analyst would know things worth knowing?

"According to one recent survey, 55 percent of all Americans have received money from a safety net program run by the federal government at some point in their lives.

#5 For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year."

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

 

[georgephillip]

I don´t think it has anything to do with the Democratic Party in particular. Wouldn´t look different with the Republicans. Both aren´t sustainable.

"#11 According to one recent survey, 55 percent of all small business owners in America 'say they would not start a business today given what they know now and in the current environment.'

#12 The number of jobs at new small businesses continues to decline. According to economist Tim Kane, the following is how the decline in the number of startup jobs per 1000 Americans breaks down by presidential administration…

Bush Sr.: 11.3

Clinton: 11.2

Bush Jr.: 10.8

Obama: 7.8"

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

And yet small business owners in America vote Republican overwhelmingly.
Maybe they're working too hard?

 

[Moonglow]

Terrible facts, medias hate to publish...

Isn´t there something to do?

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

From your link:

"What a year 2012 has been! The mainstream media continues to tell us what a 'great job' the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class.

"It is imperative that we educate the American people about the true condition of our economy and about why all of this is happening.

"If nothing is done, our debt problems will continue to get worse, millions of jobs will continue to leave the country, small businesses will continue to be suffocated, the middle class will continue to collapse, and poverty in the United States will continue to explode."

75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge

Once upon a time US investors needed a viable middle class in this country to produce the goods and services and to drive 70% of US GDP with their purchasing power. Today, US investors have a much larger middle class rising in Brazil, China, and India than they ever had here; the US middle class has become an impediment to rising incomes among the richest 10% of Americans.

And elected Republicans AND Democrats depend on the richest 1%-10% to fund their campaigns.

Hardly so, the rich have become richer not with their wages, but by investment profits.

 

[georgephillip]

And by shifting the tax burden off unearned income and onto wages.

"Financial lobbyists quickly discovered that the easiest ploy to shift the cost of social programs onto labor is to conceal new taxes as user fees, using the proceeds to cut taxes for the elite 1%. This fiscal sleight-of-hand was the aim of the 1983 Greenspan Commission.

"It confused people into thinking that government budgets are like family budgets, concealing the fact that governments can finance their spending by creating their own money."

The Financial War Against the Economy at Large » Counterpunch: Tells the Facts, Names the Names

 

[uscitizen]

Obama has been hard at work.

Thank goodness he was invited back for 4 more years.

The only thing that makes sense is that this is the direction the Democrat party wants to go. Or....

They just voted for him because he's black and didn't care about anything else...

"The worst president in history" still beat the socks off of the best the Republicans could put forth.

 

[Truthmatters]

Zero hedge is NOT a reliable source of ANY data

 

[peach174]

The facts posted, come from actual Federal Departments information.
The guy did not just make them up, TM.