the Fed is a private bank & the Bank of England is a member |
I found the statistics below to be staggering.
Our national debt has risen by more than $5 trillion during the last 3 ½ years, more than what it increased under all previous 43 presidents combined. Our national debt is now $15.4 trillion.
The number of Americans on food stamps has risen from 32 million to over 46.4 million in the last 3 1/2 years. 1 in 7 people are on food stamps.
At $3.59, the average price of gasoline is $ 1.74 MORE than it was 3 ½ years ago.
22% of American children live in poverty, the highest level in 30 years.
For forty straight months unemployment has been 8%. If one factors in part-time workers, people who have stopped looking for work, then unemployment is 19.1%. 1 in 5 men are unemployed.
A record 88 Million Americans are no longer in the labor force.
Forty two percent of American workers are living paycheck-to-paycheck.
The number of women living in poverty has risen to 14.5%, the highest number since we started keeping records.
53% of college graduates under 25 are either unemployed or under-employed.
The Federal Reserve has monetized 61% of our national debt. This means that we are “selling” government bonds to other government agencies.
86% of American workers aged 60 or older will continue working past their 65th birthday.
95% of the jobs lost in the last 3 1/2 years have been lost by middle-class workers.
Median income has dropped 10% in 3 1/2 years.
To satisfy local, state, and federal taxes, the average working American has to put in 107 days- more than 21 weeks of work.
In the city of Detroit a three-bedroom home can be purchased for $500.00 this is actually a slight uptick over recent years.
In the last 3 ½ years the price of an ounce of gold has risen from $850.00 to over $1600.00.
Last month in Montgomery, Alabama, 20,000 people applied for 877 openings at a Hyundai plant.
In 2011, the average American household spent a staggering $4,155.00 on gasoline.
Student loans, not a dischargeable debt in bankruptcy, now stand at over $1 trillion, killing the future of millions of our young people.
Compared to 1985, our 2011 trade deficit with China was more than 49,000 times larger.
To determine why cocaine makes the Japanese quail engage in risky sexual behavior, our government spent $175,587.00 of our tax dollars.
The national debt could not be repaid in less than 440,000 years if we started immediately.
Our debt is growing at the rate of OVER $2 million each MINUTE!
In 2010, 2.6 million Americans fell into poverty. Since 1959, when this statistic was developed, no year saw a bigger increase.
More than 25% of U.S. homeowners owe more than their homes are worth.
Now, to green power, consider these sobering statistics:
Beacon Power - bankrupt - $39M federal loan lost
Evergreen Solar - bankrupt - $43M federal loan lost
Spectra Watt - bankrupt - $118M federal loan lost
Abound Solar Mfg - bankrupt $400M federal loan lost
Solyndra - bankrupt - $535M federal loan lost
Ener1 - bankrupt - $571M federal loan lost
Solar Trust - bankrupt - $2B federal loan lost
Friends, I think we are being judged by the Lord, I think it is time we repent as a nation for our sins. We are called upon to be stewards of our money and possessions and we are spending like drunkin sailors!
Alan
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