The mainstream media does not cover the full extent of the damage the Obama Administration has inflicted on this country. Even FOX News often doesn’t have the time to go into sufficient depth to explain what is happening.
From our friend Ruth S. King comes a chart which all of us should read and absorb, sobering though it may be:
|January 2009||Today||% chg||Source|
|Avg. retail price/gallon gas in U.S.||$1.83||$3.104||69.6%||1|
|Crude oil, European Brent (barrel)||$43.48||$99.02||127.7%||2|
|Crude oil, West TX Inter. (barrel)||$38.74||$91.38||135.9%||2|
|Gold: London (per troy oz.)||$853.25||$1,369.50||60.5%||2|
|Corn, No.2 yellow, Central IL||$3.56||$6.33||78.1%||2|
|Soybeans, No. 1 yellow, IL||$9.66||$13.75||42.3%||2|
|Sugar, cane, raw, world, lb. fob||$13.37||$35.39||164.7%||2|
|Unemployment rate, non-farm, overall||7.6%||9.4%||23.7%||3|
|Unemployment rate, blacks||12.6%||15.8%||25.4%||3|
|Number of unemployed||11,616,000||14,485,000||24.7%||3|
|Number of fed. employees, ex. military (curr = 12/10 prelim)||2,779,000||2,840,000||2.2%||3|
|Real median household income (2008 v 2009)||$50,112||$49,777||-0.7%||4|
|Number of food stamp recipients (curr = 10/10)||31,983,716||43,200,878||35.1%||5|
|Number of unemployment benefit recipients (curr = 12/10)||7,526,598||9,193,838||22.2%||6|
|Number of long-term unemployed||2,600,000||6,400,000||146.2%||3|
|Poverty rate, individuals (2008 v 2009)||13.2%||14.3%||8.3%||4|
|People in poverty in U.S. (2008 v 2009)||39,800,000||43,600,000||9.5%||4|
|U.S. rank in Economic Freedom World Rankings||5||9||n/a||10|
|Present Situation Index (curr = 12/10)||29.9||23.5||-21.4%||11|
|Failed banks (curr = 2010 + 2011 to date)||140||164||17.1%||12|
|U.S. dollar versus Japanese yen exchange rate||89.76||82.03||-8.6%||2|
|U.S. money supply, M1, in billions (curr = 12/10 prelim)||1,575.1||1,865.7||18.4%||13|
|U.S. money supply, M2, in billions (curr = 12/10 prelim)||8,310.9||8,852.3||6.5%||13|
|National debt, in trillions||$10.627||$14.052||32.2%||14|
Just take this last item:
In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation’s history.
Over 27 times as fast!
Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH!
(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor’s/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury
In our new book, Revolt! (Due out March 1 you can pre-order autographed copies now at DickMorris.com) we explain how Obama has wrecked our economy and chart a path to reverse the damage and defeat him in 2012.
- Deception At The Fed
- Obama Engineering Greece: Major Food Distributor Sysco: Immediate Volatile Prices, Expected Limited Availability!
- Enemy Of The State Eric Cantor: Paid By London ~ Cuts A Mere $100B ~ Still Allows $Trillions To The Crown Bailout ~ Wants To Work With Them.
- Tar-ball Obama: Exploits Poor For Debt Riddled Austerity Health Insurance & Now BLOCKS Their Energy Assistance!
- Obama: America Bailed Out Fraudulent Derivative Mortgage Scam By London Banking Cartel With Play Money.
- Barney Frank Is Preventing Glass Steagall From Being Legislated: Glass Steagall Will Nullify Fraudulent Derivative Debt Bailout And Free Us From Subjugation To The Bankrupt British Crown.
- No, Obama Is Not A Screwup: British Crown’s Ideologically-Driven Strategic Ineptitude -> Illuminati Chaos.
- Defunding The United Nations: “It’s A Rogue’s Gallery A Pariah State” “..That Needs Congressional Action”
- Obamunism: Our Children’s Future Paying Off Fraudulent International Bank Gambling Bailout? Restore Glass Steagall Act
- Mayor Bloomberg “Its Good For New York” : Shuts Down 22 MORE Schools, Catholic Church And Opens Sharia Mosque.
- Defunding Planned Parenthood: Founder Of Planned Parenthood White Supremacist Margaret Sanger.
- Global Awakening ~ Behold Is Suddenly Upon You: Roman Catholic Church Condemns Global Warming Scheme.
- MegaRich Rothschild Socialists, Seeking Global Serfdom For Their Power: Soros Spokesman For British Monarchy, Obama His Puppet ~ Strategy For 2011-2012
- Obama’s Orchestrated Blocking Of New Power Plants Triggers Nationwide Blackouts: Mexico Stops Electricity.
- AIG Banks Gave $100 Million Of America’s Bailout Money: To Islam Head-cutting Sharia Groups & Che Guevara Cronies.
- Remember ~ California: Guts The Middle Class ~ Not Leading But Following Europe’s Austerity Footsteps Of Subjugation To Globalist Thugs.
- Undoing Bill Clinton’s Destruction To The United States: Restoring FDR’s Glass Steagall Act That Clinton Repealed. (politicalvelcraft.org)
- Lyndon LaRouche Responds to Britain ~ The Once-In-A-Lifetime Option: Burn The Newly Printed Currency And Restore The Glass Steagall Act. (politicalvelcraft.org)
- SAVE THE BANKS ~ SPREAD THE DEBT: Labor Force Participation Plummets by 63.7% ~ Government Food Stamps Increases To 46.5 Million Citizens ~ But Unemployment is only 8.3%? ~ Here’s His Trick! (politicalvelcraft.org)
- BREAKING => The Take Down Of Globalist Obama: Keynesian Banking Cabalists Have A Reality Check -> Glass-Steagall or Die! (politicalvelcraft.org)
- BREAKING WORLD NEWS: Globalists Have Called For Glass-Steagall. (politicalvelcraft.org)
- Crash Dead Ahead (theburningplatform.com)
- Charlie Schumer’s Shuffle: The Benedict Arnold Of The Glass Steagall Act & The Rothschild Champion Sleeper Cell For Wall Street! (politicalvelcraft.org)
- Finance Lobby Goes to Work With Post-Sandy Weill Damage Control (news.firedoglake.com)
- Glass Steagall Repeal Made Crisis Worse (ritholtz.com)
- 17 Reasons Why Those Hoping For A Recession In 2012 Just Got Their Wish (blacklistednews.com)