1 In 4 Children In America Struggle With Hunger Every Day — America’s Next Generation, A Tale Of 2 Childhoods (Video)


YouTube Added: 08.05.2012

Description:

As 1 in 4 children in America struggle with hunger every day, there are also those who have extremely lavish lifestyles even at a young age. RT’s Anastasia Churkina takes a look at the lives of the faces behind the statistics — and what economic despair and extreme wealth of today mean for America’s future.

Greek Stocks Plummet To 20-Year Lows

Greek Stocks Plummet To 20-Year Lows (ZeroHedge, May 8, 2012):

The Athens Stock Exchange broad index of Greek stocks just dropped to its lowest level since 1992. It is now around 90% lower than its 1999 and 2007 peak levels. The index of Greek banking stocks is rumbling along the lowest levels on record down over 97% from its 2007 highs. Where is the Greek Whitney Tilson (or Dick Bove) when they need him?

ASE Index at 20 year lows…

and Greek banking index at record lows down 97% from its 2007 highs…

Charts: Bloomberg

Fascism Rises From The Depths Of Greece’s Despair

Fascism rises from the depths of Greece’s despair (Independent, May 4, 2012):

A neo-Nazi party that wants work camps for immigrants is on course to win its first seats in parliament on Sunday

It started, as many days do in Greece, with a trip to the kiosk to buy cigarettes. Still half-asleep, Panayiotis Roumeliotis was surprised to be asked to show his identity card by two young men with shaved heads. It was his first direct contact with the vigilante groups that have become a feature of everyday life in some areas of the Greek capital.

“They were calling themselves the residents association but they were just fasistakia (little fascists),” said the 28-year-old.

Read moreFascism Rises From The Depths Of Greece’s Despair

Collapse: Why There Are No Jobs


Source: Unemployment Rate Drops To 8.2% For One Simple Reason: The Number Of People Not In The Labor Force Is Back To All Time Highs: 87,897,000

Why There Are No Jobs (Intel Hub, May 4, 2012):

What a week. On Tuesday the DOW finished the day at 13,279, its highest close since December 2007.  In terms of the stock market, we’ve crossed the great divide…December 2007, remember, was pre-financial crisis.

In fact, it was nearly a year before Lehman Brothers vanished from the face of the earth and black swans relentlessly descended upon the LIBOR like common ravens upon fresh Southern California road kill.  If you recall, when the sky was falling in late 2008, spread movements that were statistically not possible in a million years, somehow, happened every day.

Money market shares of the Reserve Primary Fund did the impossible…they broke the buck – falling to $0.97 cents a share.  Still, while the stock market may be back to where it was over four years ago, the world is dramatically different…

For one thing, back in December of 2007 you could buy a 10-year Treasury Note yielding 4.23 percent.  Today the 10-year Note Yields less than half that.  Of course, December 2007 was before TARP, CPFF, MMIFF, TAF, ZIRP, QE, QE2, Operation Twist, and all sorts of other harebrained schemes were put into practice to “reflate” financial markets.

Read moreCollapse: Why There Are No Jobs

COLLAPSE: St. Louis Fed’s ‘Not In Labor Force’ Data Is Now Officially Off The Chart

St. Louis Fed’s “Not In Labor Force” Data Is Now Officially Off The Chart (ZeroHedge, May 4, 2012):

The comedy continues: the April “Not in labor force” seasonally adjusted print: 88,419,000. And yet, the maximum reading permitted by St Louis Fed Not in Labor Force (LNS15000000) graph: 88,000,000. The data has now officially dropped off the chart. No further commentary necessary.

Eric Sprott: ‘When Fundamentals No Longer Apply, Review the Fundamentals’

Eric Sprott: “When Fundamentals No Longer Apply, Review the Fundamentals” (ZeroHedge, April 28, 2012):

When Fundamentals No Longer Apply, Review the Fundamentals

This may not come as a surprise, but we’re still not seeing it. We’re not seeing a US recovery.

Here we are, well into 2012, and the fact remains that the US housing situation is still a bust. There is simply no housing recovery happening in the United States. US New Home Sales fell for the fourth time in a row month-overmonth in March, representing a seasonally-adjusted annual rate of 328,000, down from 353,000 in February.1 Do you know what the annual rate of New Home Sales was back in 2006? About 1.21 million.2 No recovery there.

Same goes for US Existing Home Sales, which fell unexpectedly by 2.6% in March to an annual rate of 4.48 million units.3 Again – would you care to know where they were in the same month back in 2006, before the financial system fell apart? Approximately 6.92 million units.4 No recovery there either.

Then there’s unemployment. Judging by all the recent earnings-release cheerleading, March’s jobs numbers seem to have been forgotten, but they were plainly weak. The US Labor Department showed US hiring slowing to a mere 120,000 new jobs in March, below expectations of 200,000+.5 That’s not a recovery. That’s simply weak data.

Same goes for the most recent jobless claims numbers, which have been running above 380,000 for the last two weeks, above the 375,000 threshold that supposedly signals future unemployment increases.6 Again – this is not positive data, this is weak data. How high will it have to go before the economists admit that it’s weak? 400,000? 425,000? We’re asking – we’d like to know.

Then there are US tax receipts, which continue to point in the same direction. If the US is recovering so strongly, then why are employment tax receipts only up 2%? ($484 billion fiscal year-to-date as of March 2012 vs. $475 billion over the same period to March 2011).7 A 2% increase is explainable by inflation alone, which was last reported running at 2.7% according to the Bureau of Labour Stastics.8 Shouldn’t the tax receipts be much higher than that? Wasn’t unemployment down so far this year? As the Associated Press plainly states, “The unemployment rate has fallen to 8.2% in March [2012] from 9.1% in August [2011]. Part of the drop was because people gave up looking for work. People who are out of work but not looking for jobs aren’t counted among the unemployed.”9 Oh! Sorry,… now the numbers make more sense. There hasn’t been any net new employment at all. Question: if everyone “gives up” looking for work next week, will the US unemployment rate go to zero? We’re asking – we’d like to know.

Read moreEric Sprott: ‘When Fundamentals No Longer Apply, Review the Fundamentals’

Interview With Former US Army Intelligence Officer And Bestselling Author James Wesley Rawles: Global Economic Collapse – Gun Confiscation – How To Survive The End Of The World – If The Power Grid Goes Down We Are In A Massive Die Off Situation Where Literally More Than 50% Of The Population Of The Country Could Die In Just One Winter (Video)

Related info::

Obama Regime Seizes Family Farms Bank Accounts

DHS Buys Enough Ammo To Wage Seven-Year War Against The American People

America: A Government Totally Out Of Control (Video)

US Government Plans To Destroy 4 Clean Energy Hydro Dams In Top Condition At The Klamath River That Supply Electricity To 70,000 Residents In The Area (Video)

Obama Regime Seizes Control Over All Food, Farms, Livestock, Farm Equipment, Fertilizer And Food Production Across America Per Executive Order

Flashback:

– Former governor Jesse Ventura Conspiracy Theory: Police State (And FEMA Concentration Camps) – Full Length Video

USDA: No strategic grain reserves … they sold them!


James Wesley Rawles is a former US Army intelligence officer who, for the last two decades, has authored bestselling books and top blogs on preparedness.


YouTube Added: 17.04.2012

@Amazon.com:

Survivors: A Novel of the Coming Collapse:


Strategic Relocation – North American Guide to Safe Places:

The US Has Finally Done It: Mexican Immigrants Become Emigrants

The US Has Finally Done It: Mexican Immigrants Become Emigrants (ZeroHedge, April 24, 2012):

You know its bad when…the net flow of Mexicans into the US has fallen so much that there is a high probability that it is now in reverse ending around forty years of inward migration. The Pew Hispanic Center notes that the standstill – after more than 12 million current immigrants have entered the US – more than half of whom are illegal – appears to be the result of many factors including a weakened US job and construction market, tougher border enforcement, a rise in deportations, growing dangers associated with border crossing, a long-term decline in Mexico’s birth rate, and changing (read perhaps more opportunistic) economic conditions in Mexico (especially if you work at WalMex). This sharp downward trend in net migration has led to the first significant decrease in at least two decades in the number of unauthorized Mexican immigrants living in the U.S. – to 6.1 million in 2011, down from a peak of nearly 7 million in 2007. In the five years from 2005 to 2010, about 1.4m Mexicans immigrated to the US – exactly the same number of Mexican immigrants and their US-born children who quit the US and moved back or were deported to Mexico. By contrast, in the previous five years to 2000 some 3m Mexicans came to the US and fewer than 700,000 left it. It will be interesting to see the spin that the Obama and Romney camps put on this hot-button topic as the ‘Dream Act’ turns into a nightmare and hardline anti-illegal immigration stances become, well, less relevant as Mexicans become Mexican’ts.

Among the report’s key findings:

Read moreThe US Has Finally Done It: Mexican Immigrants Become Emigrants