"If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children wake up homeless on the continent their fathers conquered."   
 Thomas Jefferson

True unemployment rate already at 20%
Posted Jul 06 2009, 01:16 PM by Anthony Mirhaydari Rating:  Filed under: Target, Office Depot, Macy's, economy, Anthony Mirhaydari

Really, how hard is it to find a job? Was June's horrid numbers, in which 467,000 people lost their jobs compared to 345,000 in May, a one-time fluke? Or does it mean that all those Wall Street economists who believe the economic recovery is starting are dead wrong?
Click link below for entire article:

Police report crime spikes related to economy
Kevin Johnson, USA TODAY Nearly half of the 233 police agencies surveyed since the collapse of the nation's financial markets link increases in criminal offenses to the faltering economy, a new review by a law enforcement research group shows. In a comprehensive survey of possible links between crime and the economy, the Police Executive Research Forum found that 44% of agencies reported spikes in crime linked to the economy. Of those, 39% reported increases in robberies, 32% in burglaries and 40% in thefts. The report also found that 63% of the 233 agencies were bracing for funding cuts during the upcoming year.


With no job and 5 kids, 'better to end our lives,' man wrote
LOS ANGELES, California (CNN) -- It was described as one of the most grisly scenes Los Angeles police had ever encountered: the bodies of five small children and their parents, all shot to death, in two upstairs rooms of the family's home.
"The reaction on their faces was not a pretty sight," neighbor Jasmine Gomez told CNN. "There was an officer who came out of the house throwing up."

Econo-cide: Financial Woes Turn Deadly
Recent Suicides and Murders Linked to Job Losses and Evictions

ABC NEWS Business Unit
Jan. 30, 2009
When a major financial setback hits, some turn to family and friends for support. Others suffer silently, struggling with stress and, in some cases, clinical depression. Still others resort to dangerous vices like alcohol abuse and drug use.


Worst year for jobs since '45
Annual loss biggest since end of World War II. Unemployment rate rises to 7.2%
NEW YORK (CNNMoney.com) -- The hemorrhaging of American jobs accelerated at a record pace at the end of 2008, bringing the year's total job losses to 2.6 million or the highest level in more than six decades.
A sobering U.S. Labor Department jobs report Friday showed the economy lost 524,000 jobs in December and 1.9 million in the year's final four months, after the credit crisis began in September.


Job loss: Worst in 34 years
Employers slashed 598,000 more jobs in January as unemployment rate climbed to 7.6%
By Chris Isidore, CNNMoney.com senior writer
Last Updated: February 6, 2009: 10:46
NEW YORK (CNNMoney.com) -- Employers slashed another 598,000 jobs off of U.S. payrolls in January, taking the unemployment rate up to 7.6%, according to the latest government reading on the nation's battered labor market.

'700,000 US children went hungry in 2007'
Tue, 02 Dec 2008 09:10:42 GMT
Some 691,000 children went hungry in the US in 2007, an alarming rise of 50 percent over the previous year, Agriculture Department reported.
Based on a US Department of Agriculture study conducted on 45,600 households representing approximately 118 million households in the US, some 69,000 American children were identified as having "very low food security."
The study showed that one in eight Americans accounting for nearly 11.9 million people, went hungry at some point last year.
James Weill, president of the Food Research and Action Center, said that the problem would be even bigger in 2008. He noted, "Based on the increased demand we're seeing this year at food stamp agencies, emergency kitchens, Women, Infants and Children clinics, across the entire social service support structure, there's every reason to think the increases in the number of hungry people will be very, very large."
The Washington Post reported on November 26 that the number of Americans on food stamps is poised to exceed 30 million for the first time this month, surpassing the historic high set in 2005 after Hurricane Katrina.
Analysts said the rise in unemployment --which hit 6.5 percent in October and is predicted to increase to 8 percent by the end of 2009-- and soaring food costs were the main reasons behind the jump.
In October, food and beverages' prices had jumped 6.1 percent over last year. Staples such as eggs and bread rose even faster.
http://www. presstv. ir/detail. aspx?id=77164§ionid=3510212

Gov't Finds Child Hunger Rose 50% In 2007
Nearly 700,000 Went Hungry Last Year
WASHINGTON -- New government figures show that almost 700,000 children went hungry in the United States at some point in 2007, up more than 50 percent from the year before to mark the highest point since 1998. And that's even before this year's sharp economic downtown, the Agriculture Department reported Monday.
http://www. newsnet5. com/health/18000875/detail. html

Debt clock runs out of spaces

Remember when gas stations ran out of the number "4" to put on their signage when prices skyrocketed? Well, there's a similar predicament in Times Square.
The National Debt Clock has run out of spaces to display $10 trillion in red numerals.
By adding $100 billion to bail out Fannie Mae and Freddie Mac, and $700 billion to bail out banks and the credit market, there's no room for more zeroes.

© 2009 WKYC-TV


Riots around the World because of skyrocketing Unemployment
Click link below to view (video)

Worldwide Economic Protests and Riots
Credit Crunch and Recession sparks protests and riots
Economic related protests and riots are occuring around the world from Iceland to China. The mainstream media in the U.S. gives relatively little or no coverage to these events.