Saturday, February 12, 2011

Collapsing the System a Piece at a Time

Two years ago, Barack Obama was inaugurated as president of the United States . Are you better off today than you were two years ago? Numbers don't lie, and here are the data on the impact he has had on the lives of Americans since January 2009:

  • Avg. retail price/gallon gas in U.S. was $1.83 now is $3.104 (percent of change = 69.6%)

  • Crude oil, European - was $43.48, now is $99.02 (percent of change = 127.7%)

  • Crude oil, West TX (barrel) was $38.74, now is $91.38 (percent of change = 135.9%)
  • Gold: London (per troy oz.) was $853.25, now is $1,369.50 (percent of change = 60.5%)

  • Corn, No.2 yellow, Central IL was $3.56, now is $6.33 (percent of change = 78.1%)

  • Soybeans, No. 1 yellow, IL was $9.66, now is $13.75 (percent of change = 42.3%)

  • Sugar, cane, raw, world, lb. was $13.37, now is $35.39 (percent of change = 164.7%)

  • Unemployment rate, non-farm, overall was 7.6%, now is 9.4% (percent of change = 23.7%)

  • Unemployment rate, blacks was 12.6%, now is 15.8% (percent of change = 25.4%)

  • Number of unemployed was 11,616,000, now is 14,485,000 (percent of change = 24.7%)

  • Number of fed. employees, ex. military was 2,779,000, now is 2,840,000 (percent of change = 2.2%)

  • Real median household income (2008 v 2009) was $50,112, now is $49,777 (percent change = -0.7%)

  • Number of food stamp recipients was 31,983,716, now is 43,200,878 (percent change 35.1%)

  • Number of unemployment benefit recipients was 7,526,598, now is 9,193,838 (percent change = 22.2%)

  • Number of long-term unemployed was 2,600,000, now is 6,400,000 (percent change = 146.2%)

  • Poverty rate, individuals (2008 v 2009) was 13.2%, now is 14.3% (percent change = 8.3%)

  • People in poverty in U.S. (2008 v 2009) was 39,800,000, now is 43,600,000 (percent change = 9.5%)

  • U.S. rank in Economic Freedom World Rankings was 5, now is 9 (percent change n/a)
  • Failed banks (curr = 2010 + 2011 to date) was 140, now is 164 (percent change = 17.1%)

  • National debt, in trillions was $10.627T, now is $14.052T (percent change = 32.2%) IN TWO YEARS!!!

Sources
U.S. Energy Information Administration; Wall Street Journal; Bureau of Labor Statistics; Census Bureau; USDA; U.S. Dept. of Labor; FHFA; (8) Standard & Poor's/Case-Shiller; RealtyTrac; Heritage Foundation and WSJ; The Conference Board; FDIC; Federal Reserve; U.S. Treasury

Cloward and Piven Strategy
Isn't this proof enough that this administration os doing its best to follow the Cloward and Piven strategy? Overload the system until you get it to COLLAPSE.

Think about it. Look at the evidence. Is Obama a problem solver or is he following a hidden agenda? You decide.

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