Tuesday, January 25, 2011

20 things that should make you angry

From Economic Collapse. Economic Collapse is a little bit conspiracy-theoryish, but the sources are good, though in some cases, you will find the true source only on the second or third click.

#1 U.S. consumers have withdrawn $311 billion more from savings and investment accounts than they have put into them.
#2 15 billion dollars: the total amount of compensation that Goldman Sachs paid out to its employees for 2010.
#3 The number of American families that were booted out of their homes and into the streets set a new all-time record in 2010.
#4 Dozens of packages that we buy in the supermarket have been reduced in size by up to 20%
#5 One Canadian company is making a ton of money shipping "millions and millions of dollars" worth of manufacturing equipment from factories that are being shut down in the United States over to new factories that are being set up in China.
#6 In America today, the wealthiest 20% own a whopping 93% of all the "financial assets" in the United States.
#7 Only 35 percent of Americans now have enough "emergency savings" to be able to cover three months of living expenses.
#8 47 percent of all Americans now believe that China is the number one economic power in the world.

#9 If the U.S. banking system is healthy, then why does the number of "problem banks" continue to keep increasing?  This past week the number of U.S. banks on the unofficial list of problem banks reached 937.
#10 According to former U.S. Labor Secretary Robert Reich, the wealthiest 0.1% of all Americans make as much money as the poorest 120 million.
#11 U.S. housing prices have now fallen further during this economic downturn than they did during the Great Depression of the 1930s.
#12 According to some very disturbing new research, 45 percent of U.S. college students exhibit "no significant gains in learning" after two years in college.
#13 Americans now owe more than $884 billion on student loans, which is a new all-time record.
#14 The United Nations says that the global price of food hit an all-time record high in December, and the price of oil is surging towards $100 a barrel, but the U.S. government continues to insist that we barely have any inflation at all.
#15 The more Americans that are on food stamps the more profits that JP Morgan makes.  Today, an all-time record of 43.2 million Americans are on food stamps, and JP Morgan is making a lot of money processing millions of those benefit payments.
#16 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs.
#17 Dozens of U.S. states are either implementing tax increases in 2011 or are considering proposals to raise taxes.
#18 The United States has had a negative trade deficit every single year since 1976.
#19 The U.S. national debt has crossed the $14 trillion mark for the first time, and at some point during 2011 it will cross the $15 trillion mark.
#20 The Obama administration is proposing a "universal Internet ID" that would watch, track, monitor and potentially control everything that you do on the Internet.

Virtual buckeye to The Liberty Voice.

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