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Overunity Machines Forum



I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

Previous topic - Next topic

0 Members and 5 Guests are viewing this topic.

Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

triffid

Even families with above-average income are one crisis away from financial devastation, the report found. Nearly one-quarter of families with household income between $61,201 and $100,008 have less than three month of emergency savings.

http://www.latimes.com/business/money/la-fi-mo-study-nearly-half-of-people-in-california-are-in-chronic-financial-stress-20140130,0,5504688.story#ixzz2rzlvZqx6

triffid

2. Britain is FAR from out of the woods - guess who owns the Bank of England - it's not the public! and guess where ALL the money is owed? (someone with assets of $300 Trillion) Rothschild.
- so why don't we stand up to him? "they" own the police, the armies the governments, the politicians... basically society!
3. Three countries without a Rothschild central bank (for now) -- wait for it... SYRIA, IRAN and CHINA...
4. These families are responsible for all wars, WWI, WWII and WWIII, they have secret meetings in Bildersberg and Bohimien Grove to facilitate this dastardly plan....don't believe me? research, the one thing they fear is the internet, it is all out there, the real history, who REALLY owns Israel (and it is the Palestinians.. part of Persia you know)
Time to wake up and smell the coffee beans, i for one am fed up of being a slave for the rich.

triffid

http://finance.yahoo.com/news/treasury-39-lew-warns-u-default-could-happen-140809355--business.html
Time to raise the debt ceiling again!triffid

WASHINGTON (Reuters) - The Obama administration warned on Monday it could start defaulting on the government's obligations "very soon" after it runs out of room to borrow under a legal cap on public debt.

Related Stories

U.S. debt ceiling to bind by late February -Treasury Reuters
U.S. shouldn't default on debt, Boehner saysMarketWatch
Debt Ceiling Déjà Vu: New Showdown Ahead?The Fiscal Times
[$$] Tax Refunds Add Urgency on Debt CeilingThe Wall Street Journal
Lew moves up debt limit deadline to late February Los Angeles Times
Washington is due to reinstate a limit on its borrowing at the end of this week and Treasury Secretary Jack Lew said the administration can use accounting measures to stay under the new cap until the end of February.
After that time, "very soon it would not be possible to meet all of the obligations of the federal government," Lew said at an event hosted by the Bipartisan Policy Center, a prominent Washington think tank.

triffid

In 1970 when I first started college 70 percent of all college professors were on tenure track.Today most of the teachers are adjunct proffessors,(parttimers). Both four-year schools and community colleges employ contingent faculty, called adjuncts, to fulfill temporary needs on a short-term contract. In addition to receiving lower pay than full-time faculty, adjuncts must share rudimentary offices and accept whatever teaching assignments they are given, usually between one and three classes per semester. Adjuncts spend all of their time teaching; typically, schools will not include them in meetings or administrative decisions.

The public tv video I watched today states that most Adjuncts are not on tenure track,low paid,no benefits.and part time mostly.Some earn about $12,000 a year.


Just had to say something about the sorry treatment of adjunct professors today.

triffid

I watched this last night.http://www.democracynow.org/2013/4/5/shadows_of_liberty_new_film_explores   
its a video about the media and how five megacorporations control most of what we see and hear today in the usa.
Not only do we have to worry about the government  but now the media.


The new documentary "Shadows of Liberty" had its U.S. premiere last night at the National Conference for Media Reform in Denver. Using individual cases of journalists whose attempts to tell their stories have been muzzled by corporations and the government, the film shows how a corporate-controlled media can silence the truth about issues ranging from war to labor practices. In one instance,  refused to re-air an investigation by the prize-winning journalist Roberta Baskin on Nike's use of sweatshop labor in Vietnam.