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#1251 |
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Tebowing the long haul
Join Date: Apr 2004
Location: TX, USA
Posts: 37,072
Adopt-a-Bronco: Champ Bailey |
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#1252 |
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Guerrilla Ontologist
Join Date: Apr 2001
Location: Future
Posts: 42,696
Adopt-a-Bronco: Prima Materia |
http://www.blacklistednews.com/Bank_...38/38/Y/M.html
Bank Of America Dumps $75 Trillion In Derivatives On U.S. Taxpayers With Federal Approval Bloomberg reports that Bank of America (BAC) has shifted about $22 trillion worth of derivative obligations from Merrill Lynch and the BAC holding company to the FDIC insured retail deposit division. Along with this information came the revelation that the FDIC insured unit was already stuffed with $53 trillion worth of these potentially toxic obligations, making a total of $75 trillion. |
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#1253 |
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Guerrilla Ontologist
Join Date: Apr 2001
Location: Future
Posts: 42,696
Adopt-a-Bronco: Prima Materia |
http://www.blacklistednews.com/50_Ec...38/38/Y/M.html
50 Economic Numbers From 2011 That Are Almost Too Crazy To Believe The following are 50 economic numbers from 2011 that are almost too crazy to believe.... #1 A staggering 48 percent of all Americans are either considered to be "low income" or are living in poverty. #2 Approximately 57 percent of all children in the United States are living in homes that are either considered to be "low income" or impoverished. #3 If the number of Americans that "wanted jobs" was the same today as it was back in 2007, the "official" unemployment rate put out by the U.S. government would be up to 11 percent. #4 The average amount of time that a worker stays unemployed in the United States is now over 40 weeks. #5 One recent survey found that 77 percent of all U.S. small businesses do not plan to hire any more workers. #6 There are fewer payroll jobs in the United States today than there were back in 2000 even though we have added 30 million extra people to the population since then. #7 Since December 2007, median household income in the United States has declined by a total of 6.8% once you account for inflation. #8 According to the Bureau of Labor Statistics, 16.6 million Americans were self-employed back in December 2006. Today, that number has shrunk to 14.5 million. #9 A Gallup poll from earlier this year found that approximately one out of every five Americans that do have a job consider themselves to be underemployed. #10 According to author Paul Osterman, about 20 percent of all U.S. adults are currently working jobs that pay poverty-level wages. #11 Back in 1980, less than 30% of all jobs in the United States were low income jobs. Today, more than 40% of all jobs in the United States are low income jobs. #12 Back in 1969, 95 percent of all men between the ages of 25 and 54 had a job. In July, only 81.2 percent of men in that age group had a job. #13 One recent survey found that one out of every three Americans would not be able to make a mortgage or rent payment next month if they suddenly lost their current job. #14 The Federal Reserve recently announced that the total net worth of U.S. households declined by 4.1 percent in the 3rd quarter of 2011 alone. #15 According to a recent study conducted by the BlackRock Investment Institute, the ratio of household debt to personal income in the United States is now 154 percent. #16 As the economy has slowed down, so has the number of marriages. According to a Pew Research Center analysis, only 51 percent of all Americans that are at least 18 years old are currently married. Back in 1960, 72 percent of all U.S. adults were married. #17 The U.S. Postal Service has lost more than 5 billion dollars over the past year. #18 In Stockton, California home prices have declined 64 percent from where they were at when the housing market peaked. #19 Nevada has had the highest foreclosure rate in the nation for 59 months in a row. #20 If you can believe it, the median price of a home in Detroit is now just $6000. #21 According to the U.S. Census Bureau, 18 percent of all homes in the state of Florida are sitting vacant. That figure is 63 percent larger than it was just ten years ago. #22 New home construction in the United States is on pace to set a brand new all-time record low in 2011. #23 As I have written about previously, 19 percent of all American men between the ages of 25 and 34 are now living with their parents. #24 Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row. #25 According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980. Today they account for approximately 16.3%. #26 One study found that approximately 41 percent of all working age Americans either have medical bill problems or are currently paying off medical debt. #27 If you can believe it, one out of every seven Americans has at least 10 credit cards. #28 The United States spends about 4 dollars on goods and services from China for every one dollar that China spends on goods and services from the United States. #29 It is being projected that the U.S. trade deficit for 2011 will be 558.2 billion dollars. #30 The retirement crisis in the United States just continues to get worse. According to the Employee Benefit Research Institute, 46 percent of all American workers have less than $10,000 saved for retirement, and 29 percent of all American workers have less than $1,000 saved for retirement. #31 Today, one out of every six elderly Americans lives below the federal poverty line. #32 According to a study that was just released, CEO pay at America's biggest companies rose by 36.5% in just one recent 12 month period. #33 Today, the "too big to fail" banks are larger than ever. The total assets of the six largest U.S. banks increased by 39 percent between September 30, 2006 and September 30, 2011. #34 The six heirs of Wal-Mart founder Sam Walton have a net worth that is roughly equal to the bottom 30 percent of all Americans combined. #35 According to an analysis of Census Bureau data done by the Pew Research Center, the median net worth for households led by someone 65 years of age or older is 47 times greater than the median net worth for households led by someone under the age of 35. #36 If you can believe it, 37 percent of all U.S. households that are led by someone under the age of 35 have a net worth of zero or less than zero. #37 A higher percentage of Americans is living in extreme poverty (6.7%) than has ever been measured before. #38 Child homelessness in the United States is now 33 percent higher than it was back in 2007. #39 Since 2007, the number of children living in poverty in the state of California has increased by 30 percent. #40 Sadly, child poverty is absolutely exploding all over America. According to the National Center for Children in Poverty, 36.4% of all children that live in Philadelphia are living in poverty, 40.1% of all children that live in Atlanta are living in poverty, 52.6% of all children that live in Cleveland are living in poverty and 53.6% of all children that live in Detroit are living in poverty. #41 Today, one out of every seven Americans is on food stamps and one out of every four American children is on food stamps. #42 In 1980, government transfer payments accounted for just 11.7% of all income. Today, government transfer payments account for more than 18 percent of all income. #43 A staggering 48.5% of all Americans live in a household that receives some form of government benefits. Back in 1983, that number was below 30 percent. #44 Right now, spending by the federal government accounts for about 24 percent of GDP. Back in 2001, it accounted for just 18 percent. #45 For fiscal year 2011, the U.S. federal government had a budget deficit of nearly 1.3 trillion dollars. That was the third year in a row that our budget deficit has topped one trillion dollars. #46 If Bill Gates gave every single penny of his fortune to the U.S. government, it would only cover the U.S. budget deficit for about 15 days. #47 Amazingly, the U.S. government has now accumulated a total debt of 15 trillion dollars. When Barack Obama first took office the national debt was just 10.6 trillion dollars. #48 If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to pay off the national debt. #49 The U.S. national debt has been increasing by an average of more than 4 billion dollars per day since the beginning of the Obama administration. #50 During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office. |
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#1254 |
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Guerrilla Ontologist
Join Date: Apr 2001
Location: Future
Posts: 42,696
Adopt-a-Bronco: Prima Materia |
http://www.blacklistednews.com/30_Ma...38/38/Y/M.html
30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008-2010 |
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#1255 |
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Guerrilla Ontologist
Join Date: Apr 2001
Location: Future
Posts: 42,696
Adopt-a-Bronco: Prima Materia |
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#1256 |
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Ring of Famer
Join Date: Apr 2006
Posts: 9,770
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I was not able to open that link. Not sure why. I got a message -- about it being "unsafe."
Sounds like malarkey to me. Possible censorship? |
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#1257 | |
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STOP!
Join Date: Dec 2002
Location: In a van down by the river
Posts: 10,976
Adopt-a-Bronco: Von Miller |
Yup, the 99%:
Quote:
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#1258 |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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^
Still playing the guilt by association/character assassination game because you can't dispute the message, I see. Right-wing SOP. |
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#1259 |
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Ring of Famer
Join Date: Apr 2005
Posts: 1,531
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Norman Lear on fighting the good fight
The Occupy Wall Street movement has unleashed patriotic outrage. If you don't want to camp out or protest in the street, find another way to let your voice be heard in the new year. Occupy Wall Street protesters carry American flags up Seventh Avenue toward Times Square. (John Minchillo / AP Photo) By Norman Lear December 30, 2011 I was recently shown a picture from one of the Occupy protests taking place across the country. It featured a young woman surrounded by police. She was the only protester in the picture, but she didn't seem intimidated. All by herself, up against the police barricade, she held a handwritten sign saying simply "I am a born again American." I've never met this woman, but I think I know exactly what she's feeling. I had my first "born again American" moment 30 years ago, when I was moved to outrage and action by a group of hate-preaching televangelists who were trying to claim sole ownership of patriotism, faith and flag for the far right. One of them asked his viewing congregation to pray for the removal of a Supreme Court justice. I did what I knew how to do and produced a 60-second TV spot. It featured a factory worker whose family members, all Christians, held an array of political beliefs. He didn't believe that anyone, not even a minister, had a right to judge whether people were good or bad Christians based on their political views. "That's not the American way," he wound up saying. I ran it on local TV, and it was picked up by the networks. People For the American Way grew out of the overwhelming response to that ad. One of the most encouraging things to happen in 2011 was the birth of the Occupy Wall Street movement, which is giving the entire country the chance for a "born again American" moment. In calling attention to the country's widening chasm between rich and poor, the Occupiers have unleashed decades of pent-up patriotic outrage against the systematic violation of our nation's core principles by the "say good-bye to the middle class" alliance of the neocons, theocons and corporate America. To those many millions of Americans whose guts tell them the Occupy movement is on to something but aren't the sort to camp out or protest in the street, I say find another way to let your voice be heard in the new year. Work with others who share your passion for equal opportunity and equal justice for all Americans, and find ways to channel outrage into productive action. I'm betting you'll find, as I have over my nearly four score plus 10, that you'll form some of the most rewarding relationships and have some of the most meaningful experiences of your life. I have been lucky in many ways. I was raised by my immigrant grandfather to treasure the freedom and opportunities America offers. I also learned early to fear the power of demagogues with megaphones, as an 11-year-old listening to the anti-Semitic ravings and attacks on President Franklin D. Roosevelt from radio priest Father Coughlin, the spiritual godfather of those who poison our airwaves and online forums today. By the time I was a teenager, I knew that the values of individual and religious liberty were worth fighting for, which is why I dropped out of college to enlist in the war against Hitler. Since then I have repeatedly seen Americans get off their couches to hold this country accountable to its stated values. They did it to fight for civil rights and the dismantling of the legal apartheid of Jim Crow; for the women's movement; for equality for lesbian, gay, bisexual and transgender Americans. They have rallied to ensure that immigrants are treated with dignity and justice. All these efforts to overcome bigotry and institutionalized prejudice are still works in progress, but I am awed by the progress we have made. Generations of Americans have worked to create a nation in which individual liberty can thrive alongside commitment to the principle that all members of a community should have the opportunity to pursue their dreams and build a decent life for themselves and their families. In recent decades, that dream has been betrayed. The religious right leaders who got me engaged in politics often portray such things as free expression and equal protection for all Americans no matter their race, religion or sexual orientation as anti-Christian and un-American, as symptoms of cultural decline. I couldn't disagree more. What strikes me as un-American are the greed, deception and systematic corruption that have infected politics, business and so much of our culture in recent years. Some of those with power and privilege have worked to create a system that continually reinforces that privilege and power, leaving ever-increasing numbers of Americans without reasonable hope for the kind of life their parents worked to give them. Many Americans are in despair, and it has left them open to demagoguery and political manipulation. Blame gays, liberals, unions, immigrants or feminists for your family's struggles, for shrinking economic opportunity, for foreclosures and disappearing wages and benefits. Blame secularists or Muslims, or both, for the sense that our values have gone haywire. A year out from the 2012 election, I am already tired of those who use the phrase "American exceptionalism" to reassert the far-right's claim that God, the Founding Fathers and any decent freedom-loving American must share their reactionary political agenda. I embrace the idea too that our nation should be a "shining city on a hill." We are the spiritual heirs to those Americans who struggled to end slavery and segregation, to end child labor and win safe conditions and living wages for workers, to enable every American to enrich his or her community and country by finding a place and a way to flourish in the world. We must make ourselves worthy of that legacy. Call it the American dream, the American promise or the American way. Whatever term you use, it is imperiled, and worth fighting for. It is that basic, deeply patriotic emotion that I believe is finding expression — bottom-up, small-d democratic expression — in the Occupy movement. We can, and I would say must, fully embrace both love of country and outrage at attempts to despoil it. What better cause? What better time? Television writer and producer Norman Lear founded People for the American Way. |
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#1260 |
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Tebowing the long haul
Join Date: Apr 2004
Location: TX, USA
Posts: 37,072
Adopt-a-Bronco: Champ Bailey |
They have been a successful movement...successful in making the Tea Party movement look like it was led by Mensa Angel Ninjas of an awesomeness unparalleled.
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#1261 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,842
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Palin, Bachmann to Activate “Large Moron Collider” at Tea Party Nation Opryland Confab
In the most ambitious bid yet to create an unstable fusion reaction between negatively-charged particles of American Exceptionalism and the man-made carbonate nuclei of Home Shopping Network gemstones, Tea Party Nation has announced that US Rep. Michele Bachmann will join Facebook celebrity Sarah Palin to headline the National Tea Party Convention in February. The event will be held at the Opryland Hotel in Nashville, TN, the former geographical location of Branson, MO. Cover charge for the just-plain-folks “grassroots” meetup is a workingman-priced $549. How you get there and where you sleep are your own lookout, Pilgrim. No word yet on expected attendance, although scientists at the Rumproast Blogospheric Institute speculate that any number exceeding 1,000 will be sufficient to achieve “Critical Boobosity,” causing the entire venue to instantly teleport back to the “mindset-synchronous” year of 1873. http://www.rumproast.com/index.php/s...nation_i_opry/ |
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#1262 |
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Tebowing the long haul
Join Date: Apr 2004
Location: TX, USA
Posts: 37,072
Adopt-a-Bronco: Champ Bailey |
Ahhh...sweet satisfaction.
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#1263 |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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#1264 |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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The Last Refuge of Failure is Myth: The REAL Ronald Reagan Republicans are celebrating the 100th anniversary of Ronald Reagan’s birth as if it was the birth of their savior, rewriting the history of failed 'Trickle Down' policies that have turned the once vibrant American middle class into economically insecure Serfs. |
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#1265 |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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You and the rest of the "save the billionaires" crew will do anything to avoid a discussion re: what the OWS people are actually protesting about, won't you?
The top 1% couldn't ask for better sycophants than you guys. |
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#1266 | |
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Broncosf*rums refugee
Join Date: Feb 2009
Location: Oregon
Posts: 428
Adopt-a-Bronco: B. Bunkley |
Quote:
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#1267 | |
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Broncosf*rums refugee
Join Date: Feb 2009
Location: Oregon
Posts: 428
Adopt-a-Bronco: B. Bunkley |
Quote:
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#1268 |
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Broncosf*rums refugee
Join Date: Feb 2009
Location: Oregon
Posts: 428
Adopt-a-Bronco: B. Bunkley |
Don't let the door hit ya where the good lord split ya. BwA Ha ha!
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#1269 | |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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Quote:
SOP for brownie hounds of the top 1% like you. |
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#1270 | |
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Tebowing the long haul
Join Date: Apr 2004
Location: TX, USA
Posts: 37,072
Adopt-a-Bronco: Champ Bailey |
Quote:
Who ever made us think that it was okay that a few left over radicals from the 60's and their drug addled youth disciples could shout down everyone else and ruin their right to free speech? |
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#1271 | |
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Ring of Famer
Join Date: Apr 2006
Posts: 9,770
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Quote:
Idiot. |
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#1272 |
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Broncosf*rums refugee
Join Date: Feb 2009
Location: Oregon
Posts: 428
Adopt-a-Bronco: B. Bunkley |
When they're not trying to cause economic havoc, they are busy draining the treasuries of state and local governments. The Washington Examiner reported yesterday that Occupy DC has cost the Metropolitan Police Department $1.3 million so far. Across the country, Occupy encampments have cost city law enforcement agencies at least $22 million, and that number will surely rise.
Local government budgets are already tight. So are the family budgets of middle-class Americans who depend on our nation's business and commerce. Perhaps the Occupiers can afford the luxury of setting aside productive activity for weeks and months to create new burdens for the rest of us, but the real 99 percent cannot. It is time for liberal leaders like President Obama to own up to their responsibilities and tell the Occupiers to go home. Read more at the Washington Examiner: http://washingtonexaminer.com/opinio...#ixzz1iJfjeTkz |
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#1273 | |
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Ring of Famer
Join Date: Sep 2002
Location: In the Tetons!
Posts: 19,286
Adopt-a-Bronco: WorrellWilliams |
Quote:
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#1274 | |
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Ring of Famer
Join Date: Sep 2002
Location: In the Tetons!
Posts: 19,286
Adopt-a-Bronco: WorrellWilliams |
Quote:
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#1275 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,842
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Yeah. Instead let's have a tiny minority of evangelical American Taliban destroy the Constitution and replace it with their fascist interpretation of a hodgepodge of the writings of some ancient desert nomads.
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