Category Archives: Economic

10% of Americans Getting Food Stamps!

WASHINGTON (Reuters) – Food stamps, the main U.S. antihunger program which helps the needy buy food, set a record in September as more than 31.5 million Americans used the program — up 17 percent from a year ago, according to government data. The number of people using food stamps in September surpassed the previous peak of 29.85 million seen in November 2005 when victims of hurricanes Katrina, Rita and Wilma received emergency benefits, said Jean Daniel of the USDA’s Food and Nutrition Service.  (see Reuters Story for rest of story) That’s simply amazing! One out of every 10 Americans is receiving … Continue reading

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'12 Days of Christmas' Items Would Cost Over $86,000

’12 Days of Christmas’ Items Would Cost Over $86,000 While this little funny, tongue in cheek article is only slightly amusing to most people, there’s a real piece of data that we should all be looking at: “The price is up $8,508 or 10.9 percent, from $78,100 last year.” Hello? Not one mention of inflation in this article. 11% rise in prices in just one year. Keep that in mind the next time you hear that the National Inflation Rate is about 4% – 5%. – Rob

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Sign of the Times?

Nebraska was the last state in the union to pass Safe Haven laws and in there inability to agree on a maximum age, a bill was passed without an age restriction. This has resulted in people dropping of many of their older children, I mean teenagers… according to the target new article: five 17-year-olds, two 16-year-olds, six 15-year-olds, two 14-year-olds, three 13-year-olds — have been abandoned, along with eight children who were 11 or 12. Five of the children dropped off have been from out of state. To me, that’s pretty amazing, but it begs the quiestion: Are these people … Continue reading

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It's Official – The Economy Sucketh

The National Bureau of Economic Research, a private organization, proclaimed today that we entered into a recession in December 2007. Yup, you read that right: December 2007. It took this whiz-bang groups of economists a full year to figure out what you and I already knew; that the economy sucketh. Here are some informational points to consider: Manufacturing is at a 26-year low. Employers have cut 1.2 million jobs in the first 10 months of this year. It’s expected that number will increase to 1.5 million jobs lost when the November figures are tallied. It took the “geniuses” a full … Continue reading

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Everyday Items You Can Stock On Now

Sometimes, it’s hard to start preparing because it can be a daunting task. When you start to seriously think about all the things that you should do to prepare, it’s easy to get so overwhelmed that you either give up or start focusing on the wrong things. Here’s a list of common everyday items that most people use on a daily basis. They’re cheap enough that you can stock up on a whole year’s worth for relatively little money. Inflation is going to drive the prices on these (and everything else) up, so take advantage of it while you can. … Continue reading

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$7,700,000,000,000!

So, you really believed the Federal Government when they said that it was only going to cost the American Taxpayers $700 Billion for the bailout. I don’t think the ink was even dry on that paper when it already began to increase. The Federal Government is prepared to give away $7.7 Trillion dollars of your money. Isn’t that nice of them? Read the Bloomberg article. I don’t remember giving anyone in the government permission to spend our money like that, but they’re doing it anyway. Why? Because they can. What does it mean? It means we’re in for a whole … Continue reading

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Unemployment to Increase Dramatically with Retail Closings

Retail stores are the end result of a long line of commerce. Those items you buy at the mall aren’t made locally. Raw materials are formed into base product, which is shipped to factories to be be fabricated into parts, which are shipped to a final assembly plant. Not every product takes this path, but you get the idea. Every time you buy a pair of shoes, you keep a lot of people in a job. When people spend less money, the retail shops can’t stay open because they’re not making enough money. Not only do the people who are … Continue reading

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Three Major Threats We Face

There are three major threats that we face in this nation, and globally.  You should keep these threats in mind as you go about preparing.  Unfortunately, as individuals, there is nothing we can do to reduce the likelihood these threats, as they are already in motion.  All we can do is make preparations to mitigate the effects of these threats. The threats are Economic Crash, Food Shortage and Terrorism. The first two are happening now and the third will happen eventually. Each of these events, on their own, would be bad enough, but their occurrence during one of the other … Continue reading

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Preparing for the Economic Crash, pt 1

I emailed the link for my post on the “Crash of 2008” to all my family and friends, as I want them to be aware of what’s coming and what they can do to prepare.  One of my family members wrote back asking questions about various topics, some from previous emails that I’ve sent to them.  The below addresses those questions (and more), as I think everyone can benefit from these concerns. “… do you think it’s necessary to get a tent? Do you anticipate the need to leave the house and go somewhere to camp out?” I think a … Continue reading

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The Crash of 2008

It’s interesting to note how some people view the current economic crisis as something that’s going to clear up in a few months.  Is it just me, or are these people simply not paying attention?  I suppose that they could be choosing to ignore it, as that’s what many people do when faced with something they think is too overwhelming. I think it’s clear that we are in a major economic crash and this is only in the first few months of what will probably be a depression that will last several years; longer if the FedGov keeps trying to … Continue reading

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