U.S. Poverty On Track To Rise To Highest Since 1960s

[Yannis]

Quote from futurecurrents:

Safety net programs: About 13 percent of the federal budget in 2011, or $466 billion, went to support programs that provide aid (other than health insurance or Social Security benefits) to individuals and families facing hardship. ...

To make it more accurate, this sentence could be rewritten as follows: "The Federal Government, which hasn't had a budget approved by Congress for over 3 years, and which gives $billions to their crony friends for their help in getting elected, and is running regular deficits in the $trillions per year, thereby adbicating their responsibility of improving the economy any time soon, is borrowing more $trillions from China et al to support a ginormous bureaucracy which pretends to help the needy, while, in reality, they do everything they can to keep those poor saps as poor as possible, and certainly without jobs, so that Obama can count on their votes next time around."

Btw, thank you for quoting the Center on Budget and Policy Priorities, a premier super-liberal thinktank with lots of things left to say

 

[futurecurrents]

Quote from Yannis:

To make it more accurate, this sentence could be rewritten as follows: "The Federal Government, which hasn't had a budget approved by Congress for over 3 years, and which gives $billions to their crony friends for their help in getting elected, and is running regular deficits in the $trillions per year, thereby adbicating their responsibility of improving the economy any time soon, is borrowing more $trillions from China et al to support a ginormous bureaucracy which pretends to help the needy, while, in reality, they do everything they can to keep those poor saps as poor as possible, and certainly without jobs, so that Obama can count on their votes next time around."

Btw, thank you for quoting the Center on Budget and Policy Priorities, a premier super-liberal thinktank with lots of things left to say

Yes, sure, they're trying to keep them poor. Sure.

Time for your meds?

 

[denner]

Quote from futurecurrents:

Yes, sure, they're trying to keep them poor. Sure.

Time for your meds?

He's exactly correct. If you didn't have your head so far up your ass, you'd realize the exact same thing.

The party of "giveaway's" is entirely dependent upon the "underclass" who are likewise entirely dependant upon the social safety net. The recession has thrust many members of the former middle class into the social safety net...whereby the political rhetoric during each election cycle focusses on continuing the great "giveaway" and simultaneously demonizing private industry.

I don't even give a rat's ass that you are a leftist goat humper...It would just be nice once in awhile for you guys to actually acknowledge exactly what the Democratic Party is all about.

(btw, someone please quote me so that the goat humper can read my post).

 

[denner]

Quote from Brass:

Let them eat cake?

(Misapplied quote, of course, because that remark was originally uttered out of ignorance rather than the blatant stupidity that you so resplendently display.)

Right, and comparing 18th century France to modern day "social welfare for all" is apropos.

Stick it where the sun don't shine, Grabass.

 

[Ricter]

Quote from jem:

Paul is correct.

The govt and the Fed are debasing money faster than the middle class can earn it.

The poor have govt give aways and our policies are making more poor.

Combined these policies destroy the nation.
Which why the wealthy go transnational.

to save the middle class we have stop debasing the currency and ease up on their taxes.

<img src="http://pragcap.com/wp-content/uploads/2011/07/usd_base.png">

List of countries by inflation rate
http://en.wikipedia.org/wiki/List_of_countries_and_territories_by_inflation_rate

"Dollar extends gains to two-year high"
http://www.marketwatch.com/story/do...ropean-trading-2012-07-24?link=MW_latest_news

I guess we (not us exporters, though) should be thankful that other countries are "debasing" their currencies faster.

 

[Yannis]

Reelecting Obama Would Be a Mockery of Democracy
by Frank J. IMAO

So US poverty is on track to be at its highest level since the 1960s. With that little tidbit and all the other things — the credit downgrade, the continued high unemployment, the skyrocketing debt — makes we really wonder why in the world are we even considering reelecting Obama at all? I mean, he’s as big an objective failure as president as possible, so why is he even a contender? The whole point of a democracy is being able to remove bad leaders, so why should Obama have a chance when he’s the sort of horrible leader usually only dictatorships are subjected to (and even there, he probably wouldn’t last long)? When the story of the 2012 election is written in the history books, it should be just one sentence:

Obama wasn’t reelected as he wasn’t a very good president.

Why shouldn’t it be that simple? Otherwise, what’s the point of electing leaders?