2009-11-16mybudget360.com

"There seems to be a growing divide in the current U.S. economy. On the one hand, you have the financial sector swimming in their bailout-induced profits like a modern day Scrooge Mcduck. In their circles, it appears as if the recession is over. On the other hand, you have average Americans seeing access to credit cards shut down, equity in their homes vanishing, and their stock portfolios looking a little too much like 1999. Then you have 35.8 million Americans, roughly 11 percent of our population, on food stamps. To this group the recession is still very much alive."



Comments:

tvsterling at 03:11 2009-11-17 said:
Abandon hope all ye who enter here. The politicians don't even bother to deny that they are bought off by the rich anymore. They know we can't & won't do anything about it so why waste the effort. The main stream media are bought off too. Television doesn't even have to be bought off; It IS the voice of the rich. The so called political spectrum from liberal to conservative only points fingers now & argues over meaningless ideological fine points. The two main parties are almost indistinguishable. Five percent of the people holding ninety-five percent of the wealth is the definition of a critically unstable country. John Wayne is dead & he was only an actor anyway. America has gone to the movies & never came home. Well I'll tell you this; The movie has an unhappy ending. Permalink

add a comment | go to forum thread