Recent Posts
Recent Posts Tagged With 'homeless'
“Mish” Shedlock: unemployment rate will be over 10% all the way through 2015
This is very bearish news and if it proves to be true, I recommend preparing for the worse. We have only had 10% unemployment for 2 months officially, so if it maintains double digits for 5 years, things are going to be rough for everyone in every ...
The Obama Home Affordable Modification Program (HAMP)
I think the idea and the intent is good. The execution is terrible. I sincerely think Obama needs to surround himself with more hands-on result oriented people than academic professors on his economic team. Bernanke (there is no recession), G...
Are Debtors Revolting Against the Bailed Out Banks and Credit Card Companies?
Awhile back, I saw this video from Rockerchic4God and posted her video here on my blog. I will repost her video below so you can listen to her explanation of why she has decided to withhold her payments from her credit card company. In a nutshell...
Wall Street Cheers Unemployment Numbers
The unemployment number went down which should be a good thing no matter what. Right? The question is how accurate are the numbers and which reports are they reporting. Just a week ago, the TV media showed how crowded the stores were for Black ...
True National Unemployment is at 17.5%
Forget about focusing on the 10.2% unemployment rate because that doesn’t show the whole picture. Right now in America our true unemployment rate is at 17.5% if not more. That figure comes from the Bureau of Labor Statisitics (BLS) known as...
Americans in Poverty
The DOW is at above 10,000 and the national unemployment rate is about 10%. Is the economy getting better or worse? If you only watch TV or listen to the White House and government agency press releases spinning the truth, then you would think it...
President Obama Stimulus Jobs
Our government has spent some big bucks to get this economy restarted. Originally, the claims that Obama and his economic advisers made earlier this year to get this stimulus package passed was that it would create or save 2 million, 3 million, and...
Underground cities: Dark Days video
I blogged about the Las Vegas underground city a couple of weeks ago. That reminded me of an old video documentary I had seen a few years back by Marc Singer called Dark Days. When the economy goes to pot and more people become homeless, the inst...
Las Vegas strip underground tunnel city
I remember watching a documentary movie called Dark Days about homeless people living underground. That was many years ago, but it looks like these hidden communities are starting to form everywhere in the United States. One place that surprised ...
HOPE program MSNBC video
Visit msnbc.com for Breaking News, World News, and News about the Economy HOPE program MSNBC video The main reasons why it isn’t working: excessive fees and lenders unwilling to cooperate. Why are we bailing these companies out with taxpayer...
When the credit card collector calls
I received a timely email from my sister forwarding an article that was very informative. During these tough times,bill collectors often make life more stressful and most people don’t know what bills they should pay and what the consequence...
Homelessness and the internet
I read this article PimpThisBum.com employs irony on homeless man’s behalf and was impressed by the creativity of the people who helped this one man out. I was also moved by their generosity in putting the time and effort in making it work. Th...
Recession, foreclosures, and unemployment equal tent cities
What a difference a year makes. Do you remember when both the US Treasury Paulson and Federal Reserve Bernanke testified in Congress the US economy was fine and that there would be no recession. Both of these financial wizards refused to utter th...
The new fraud bailout PPIP
I am not a fan of the current or recent fraud bailouts or wasteful stimulus packages by both the Bush and Obama administrations. They have proven consistently to be failures. The rich get richer and the rest of us are forced to give them our tax ...
