Update
Upset. Now, how is The New York Times reporting it? "... unknown gains seat ... " at least it's above the fold.
Original Post
Link here.In a grim portrait of a nation in economic turmoil, the government reported that the number of people living in poverty last year surged to 46.2 million — the most in at least half a century — as 1 million more Americans went without health insurance and household incomes fell sharply.The president's name was not mentioned in this particular article. Ya gotta wonder.
The poverty rate for all Americans rose in 2010 for the third consecutive year, matching the 15.1% figure in 1993 and pushing many more young adults to double up or return to their parents' home to avoid joining the ranks of the poor.
Yup, hope and change.
And to think that opening the energy resources of this great country ....
A talking head on CNBC put it succinctly: he does not understand why the administration is willing to pay $300 billion (or whatever it is) to despotic leaders of OPEC and at the same time "bang" relentlessly on the American domestic oil industry, and industry that provides millions of jobs and untold billions in for the economy.
I have to agree; it doesn't make sense. Unless your goal is to destroy America.
a website of mine that Glen Beck occassionally mentions on air. It describes a strategy written up in the left leaning "Nation" magazine to effectively bankrupt the US via welfare/social program costs so the US will need to adapt socialism. It could potentially work on a federal level but was applied on the local level like the 1970's New York City bankruptcy.
ReplyDeleteBasically, "money has legs" so money/investment/jobs go to areas that have wealth and a politically favorable environment.
Same today. There are many "poor zones" and there will be more. Money will migrate to North Dakota because it has money. I focus on public employee pension liabilities but there are many other costs that can deter business and new jobs.
Minnesota is on the cusp of this. Here in Minnesota is is the liability of decades of bad political decisions.
http://Cloward-Piven.com
Rick Scott, governor of Floria, says Florida had best tourism season ever; created more jobs than any other state except for Texas.
ReplyDeleteRick Scott forced teachers, state employees to contribute 3 percent -- yes, 3 percent -- toward their retirement/pension. Until now, they paid: ZERO.
Rick Scott's state has no state income tax, and he will eliminate the state business tax.
I paid five to six percent of my income into the Minnesota PERA retirement since the early 1970's.
ReplyDeletewe had a fund manager that averaged 11% gain per year so my civil service pension fund is doing well but local and state governments are liable for the shortfall when this is not the case.
Would you want to locate a job creating business in a governmental entity with a large pension liability?
The North Dakota legislature is putting 30 percent of "oil money" into a "legacy" fund that cannot be touched until 2017.
ReplyDeleteThey plan not to invest in the stock market but in money market instruments currently yielding less than / about 1 percent. Oh, goodie.
That's how much faith they have in the United States.
It'd be hard to have a "One World Order" unless America were involved. Self sufficiency in oil and gas would stand in the way. Everyone should read Cloward-Piven. Definitely opens one's eyes to their(Progressives) agendas.
ReplyDeleteBy the Census Bureau's latest measure, the poverty threshold last year was an income of $11,139 for one person and $22,314 for a family of four.
If it weren't for my modest oil lease income, and only SS to live on, I would be very close to this level.
"Self-sufficiency in oil and gas would stand in the way of 'one world order.'"
ReplyDeleteIs that good or bad?
I'm not a fan of "one world order." Boring. I guess that would be like fielding one football team in the NFL.
Sorry, one world order is NOT a good thing. I should have been clearer.
ReplyDeleteOften my words are also misinterpreted. Facial expressions and body language remain important in communication and unfortunately that is not yet possible in print media.
ReplyDeleteI appreciate you taking time to comment.