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75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe

Tyler Durden's picture




 

Compiled by Michael of Investment Watch blog,

What a year 2012 has been!  The mainstream media continues to tell us what a “great job” the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class.  It is imperative that we educate the American people about the true condition of our economy and about why all of this is happening.  If nothing is done, our debt problems will continue to get worse, millions of jobs will continue to leave the country, small businesses will continue to be suffocated, the middle class will continue to collapse, and poverty in the United States will continue to explode.  Just “tweaking” things slightly is not going to fix our economy.  We need a fundamental change in direction.  Right now we are living in a bubble of debt-fueled false prosperity that allows us to continue to consume far more wealth than we produce, but when that bubble bursts we are going to experience the most painful economic “adjustment” that America has ever gone through.  We need to be able to explain to our fellow Americans what is coming, why it is coming and what needs to be done.  Hopefully the crazy economic numbers that I have included in this article will be shocking enough to wake some people up.

The end of the year is a time when people tend to gather with family and friends more than they do during the rest of the year.  Hopefully many of you will use the list below as a tool to help start some conversations about the coming economic collapse with your loved ones.  Sadly, most Americans still tend to doubt that we are heading into economic oblivion.  So if you have someone among your family and friends that believes that everything is going to be “just fine”, just show them these numbers.  They are a good summary of the problems that the U.S. economy is currently facing.

The following are 75 economic numbers from 2012 that are almost too crazy to believe...

#1 In December 2008, 31.6 million Americans were on food stamps.  Today, a new all-time record of 47.7 million Americans are on food stamps.  That number has increased by more than 50 percent over the past four years, and yet the mainstream media still has the gall to insist that “things are getting better”.

#2 Back in the 1970s, about one out of every 50 Americans was on food stamps.  Today, about one out of every 6.5 Americans is on food stamps.

#3 According to one calculation, the number of Americans on food stamps now exceeds the combined populations of “Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming.”

#4 According to one recent survey, 55 percent of all Americans have received money from a safety net program run by the federal government at some point in their lives.

#5 For the first time ever, more than a million public school students in the United States are homeless.  That number has risen by 57 percent since the 2006-2007 school year.

#6 Median household income in the U.S. has fallen for four consecutive years.  Overall, it has declined by over $4000 during that time span.

#7 Families that have a head of household under the age of 30 have a poverty rate of 37 percent.

#8 The percentage of working age Americans with a job has been under 59 percent for 39 months in a row.

#9 In September 2009, during the depths of the last economic crisis, 58.7 percent of all working age Americans were employed.  In November 2012, 58.7 percent of all working age Americans were employed.  It is more then 3 years later, and we are in the exact same place.

#10 When you total up all working age Americans that do not have a job in America today, it comes to more than 100 million.

#11 According to one recent survey, 55 percent of all small business owners in America “say they would not start a business today given what they know now and in the current environment.”

#12 The number of jobs at new small businesses continues to decline.  According to economist Tim Kane, the following is how the decline in the number of startup jobs per 1000 Americans breaks down by presidential administration

Bush Sr.: 11.3

Clinton: 11.2

Bush Jr.: 10.8

Obama: 7.8

#13 The U.S. share of global GDP has fallen from 31.8 percent in 2001 to 21.6 percent in 2011.

#14 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#15 There are four major U.S. banks that each have more than 40 trillion dollars of exposure to derivatives.

#16 In 2000, there were more than 17 million Americans working in manufacturing, but now there are less than 12 million.

#17 According to the Pew Research Center, 61 percent of all Americans were “middle income” back in 1971.  Today, only 51 percent of all Americans are.

#18 The Pew Research Center has also found that 85 percent of all middle class Americans say that it is harder to maintain a middle class standard of living today than it was 10 years ago.

#19 62 percent of all middle class Americans say that they have had to reduce household spending over the past year.

#20 Right now, approximately 48 percent of all Americans are either considered to be “low income” or are living in poverty.

#21 Approximately 57 percent of all children in the United States are living in homes that are either considered to be either “low income” or impoverished.

#22 According to one survey, 77 percent of all Americans are now living paycheck to paycheck at least part of the time.

#23 Back in 1950, more than 80 percent of all men in the United States had jobs.  Today, less than 65 percentof all men in the United States have jobs.

#24 The average amount of time that an unemployed worker stays out of work in the United States is 40 weeks.

#25 If you can believe it, approximately one out of every four American workers makes 10 dollars an hour or less.

#26 According to the U.S. Census Bureau, an all-time record 49 percent of all Americans live in a home where at least one person receives financial assistance from the federal government.  Back in 1983, that number was less than 30 percent.

#27 Right now, more than 100 million Americans are enrolled in at least one welfare program run by the federal government.  And that does not even count Social Security or Medicare.  Overall, there are almost 80 different “means-tested welfare programs” that the federal government is currently running.

#28 When you account for all government transfer payments and all forms of government employment, more than half of all Americans are now at least partially financially dependent on the government.

#29 Barack Obama has been president for less than four years, and during that time the number of Americans “not in the labor force” has increased by nearly 8.5 million.  Something seems really “off” about that number, because during the entire decade of the 1980s the number of Americans “not in the labor force” only rose by about 2.5 million.

#30 Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row.

#31 According to USA Today, many Americans have actually seen their water bills triple over the past 12 years.

#32 There are now 20.2 million Americans that spend more than half of their incomes on housing.  That represents a 46 percent increase from 2001.

#33 Right now, approximately 25 million American adults are living with their parents.

#34 As the economy has slowed down, so has the number of marriages.  According to a Pew Research Center analysis, only 51 percent of all Americans that are at least 18 years old are currently married.  Back in 1960, 72 percent of all U.S. adults were married.

#35 At this point, only 24.6 percent of all jobs in the United States are good jobs.

#36 In 1999, 64.1 percent of all Americans were covered by employment-based health insurance.  Today, only 55.1 percent are covered by employment-based health insurance.

#37 Recently it was announced that total student loan debt in the United States has passed the one trillion dollar mark.

#38 If you can believe it, one out of every seven Americans has at least 10 credit cards.

#39 One survey of business executives has ranked California as the worst state in America to do business for 8 years in a row.

#40 In the city of Detroit today, more than 50 percent of all children are living in poverty, and close to 50 percent of all adults are functionally illiterate.

#41 It is being projected that half of all American children will be on food stamps at least once before they turn 18 years of age.

#42 More than three times as many new homes were sold in the United States in 2005 as will be sold in 2012.

#43 If you can believe it, 53 percent of all Americans with a bachelor’s degree under the age of 25 were either unemployed or underemployed last year.

#44 The U.S. economy continues to trade good paying jobs for low paying jobs.  60 percent of the jobs lost during the last recession were mid-wage jobs, but 58 percent of the jobs created since then have been low wage jobs.

#45 Our trade deficit with China in 2011 was $295.5 billion.  That was the largest trade deficit that one country has had with another country in the history of the planet.

#46 The United States has lost an average of approximately 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.

#47 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.

#48 The U.S. tax code is now more than 3.8 million words long.  If you took all of William Shakespeare’s works and collected them together, the entire collection would only be about 900,000 words long.

#49 According to the IMF, the global elite are holding a total of 18 trillion dollars in offshore banking havens such as the Cayman Islands.

#50 The value of the U.S. dollar has declined by more than 96 percent since the Federal Reserve was first created.

#51 2012 was the third year in a row that the yield for corn has declined in the United States.

#52 Experts are telling us that global food reserves have reached their lowest level in almost 40 years.

#53 One recent survey discovered that 40 percent of all Americans have $500 or less in savings.

#54 If you can believe it, one recent survey found that 28 percent of all Americans do not have a single penny saved for emergencies.

#55 Medical costs related to obesity in the United States are estimated to be approximately $147 billion a year.

#56 Corporate profits as a percentage of GDP are at an all-time high.  Meanwhile, wages as a percentage of GDP are near an all-time low.

#57 Today, the wealthiest 1 percent of all Americans own more wealth than the bottom 95 percent combined.

#58 The wealthiest 400 families in the United States have about as much wealth as the bottom 50 percent of all Americans combined.

#59 The six heirs of Wal-Mart founder Sam Walton have a net worth that is roughly equal to the bottom 30 percentof all Americans combined.

#60 At this point, the poorest 50 percent of all Americans collectively own just 2.5% of all the wealth in the United States.

#61 Nearly 500,000 federal employees now make at least $100,000 a year.

#62 In 2006, only 12 percent of all federal workers made $100,000 or more per year.  Now, approximately 22 percent of all federal workers do.

#63 If you can believe it, there are 77,000 federal workers that make more than the governors of their own states do.

#64 Nearly 15,000 retired federal workers are collecting federal pensions for life worth at least $100,000 annually.  The list includes such names as Newt Gingrich, Bob Dole, Trent Lott, Dick Gephardt and Dick Cheney.

#65 U.S. taxpayers spend more than 20 times as much on the Obamas as British taxpayers spend on the royal family.

#66 Family homelessness in the Washington D.C. region (one of the wealthiest regions in the entire country) has risen 23 percent since the last recession began.

#67 If Bill Gates gave every single penny of his fortune to the U.S. government, it would only cover the U.S. budget deficit for about 15 days.

#68 During fiscal year 2012, 62 percent of the federal budget was spent on entitlements.

#69 Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, approximately one out of every 6 Americans is on Medicaid.

#70 It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

#71 Medicare is also growing by leaps and bounds.  As I wrote about recently, it is being projected that the number of Americans on Medicare will grow from 50.7 million in 2012 to 73.2 million in 2025.

#72 Thanks to our foolish politicians (including Obama), Medicare is facing unfunded liabilities of more than 38 trillion dollars over the next 75 years.  That comes to approximately $328,404 for each and every household in the United States.

#73 Amazingly, the U.S. national debt is now up to 16.3 trillion dollars.  When Barack Obama first took office the national debt was just 10.6 trillion dollars.

#74 During the first four years of the Obama administration, the U.S. government accumulated about as much debt as it did from the time that George Washington took office to the time that George W. Bush took office.

#75 Today, the U.S. national debt is more than 5000 times larger than it was when the Federal Reserve was originally created back in 1913.

 

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Fri, 12/21/2012 - 20:15 | 3088841 XOFnews
XOFnews's picture

Obama just told us things are improving. He almost laughed, but "even housing" is improving. Why dwell on 75 problems caused by Bush tax cuts and unfunded wars when we are making progress. Forward. Slaves. Forward.

Fri, 12/21/2012 - 20:20 | 3088850 JR
JR's picture

Some SS facts today from Jason Fichtner on MarketWatch.

·     65% of all beneficiaries rely on Social Security to provide 50% or more of their incomes.

·     36% rely on benefits for 90% or more of their incomes.

·       For non-married beneficiaries, including widows, the reliance is higher with 74% relying on benefits for 50% or more of their incomes and 46% relying for 90% or more of their incomes.

Fri, 12/21/2012 - 20:38 | 3088878 ugmug
ugmug's picture

I have some more SS facts.....

80% of slot machines in casinos are played by retirees on social security.

60% of instant lottery ticket sales are brought by widows on social security.

100% of dumb ass liberals think social security is used strictly for survival and nothing else.

 

 

Sat, 12/22/2012 - 12:45 | 3089709 JR
JR's picture

IOW, make up some facts about the elderly and starve ‘em. Nuke the Muslims and starve the baby boomers and the world will be better.

Except the people who are left will have to walk around in leg irons. And you, my friend, are the perfect candidate for leg irons.

Fri, 12/21/2012 - 20:21 | 3088851 Zap Powerz
Zap Powerz's picture

A very small percentage of the human population cause a lot of problems for the vast majority.

This will never change.

Fri, 12/21/2012 - 20:29 | 3088862 Frozen IcQb
Frozen IcQb's picture

For me, America was the land of entrepreneurship, freedom of speech, expression, self defence against government tyranny (2nd amendment), libertarianism and justice. America is no longer. We are now just US citizens.

I had to stop reading in disgust, digest and read the rest later.

 

Fri, 12/21/2012 - 20:44 | 3088894 EARLPEARL
EARLPEARL's picture

2 more years and obama gets control of congress back.....then dems come up with somet ype of JUBILEE or debt forgiveness program..........all poor people and middle class get fresh start...new car...new furniture..etc. etc... gdp grows like wild...new president comes in and inflation is 15 % prime rate is 12% and volker gets facelift and viagra and we do again...

Fri, 12/21/2012 - 20:50 | 3088905 dolph9
dolph9's picture

America is a crash and burn society.  The experiment that encapsulates and defines at its end the experiment of humanity itself.

In the long run most around the world may very well be better off, but in the short run America's demise will mean all bets are off on what happens.

There's nobody else around that can police the oil flows and provide a currency backed by it.  Nobody else is foolish enough to try it.

The last time something like this happened was 1914.

Fri, 12/21/2012 - 21:00 | 3088926 I am Jobe
I am Jobe's picture

No Amerika is a inbred fuck society.

Fri, 12/21/2012 - 20:56 | 3088917 I am Jobe
I am Jobe's picture

Yes we can, More fucking Hope and Change from the Lords Bitchezz. Amerikan are truly inbred fuck heads. It's over. Go fuck your with yourself Amerika and bend over with no vaseline. Yeah Great fucking U's and minds they say.

Fri, 12/21/2012 - 20:57 | 3088920 I am Jobe
I am Jobe's picture

#54 If you can believe it, one recent survey found that 28 percent of all Americans do not have a single penny saved for emergencies

Buy more fucking shit u inbred fuck Amerikans

 

Fri, 12/21/2012 - 20:59 | 3088922 I am Jobe
I am Jobe's picture

#17 According to the Pew Research Center, 61 percent of all Americans were “middle income” back in 1971. Today, only 51 percent of all Americans are.

Fucking big deal. Most of them are whores anyway.

 

Fri, 12/21/2012 - 21:43 | 3089044 IridiumRebel
IridiumRebel's picture

Good News is that when our economy goes nuclear meltdown, it will roll your fagtastic banana republic of cuntry's economy with it....and then we will get to work and rebuild it back. We got these shits called resources....MORE THAN ALMOST ANYWHERE ELSE. We just got some fuckheads in charge now, but that will change. Americans are not stupid for the most part. Do not think we all are like those fuckheads from Joisey Shoire. Cheers!

Fri, 12/21/2012 - 21:47 | 3089056 IridiumRebel
IridiumRebel's picture

I downvoted me too cuz this whole thing fuckin sucks.

 

NOWHERE TO HIDE

Sat, 12/22/2012 - 03:43 | 3089431 Yen Cross
Yen Cross's picture

Fuck those marxist douchebags!  We know who you are! +1

Sat, 12/22/2012 - 10:07 | 3089580 IridiumRebel
IridiumRebel's picture

YEAH YEN!!!!!!!

Sat, 12/22/2012 - 03:45 | 3089432 AnAnonymous
AnAnonymous's picture

and then we will get to work and rebuild it back. We got these shits called resources....MORE THAN ALMOST ANYWHERE ELSE.
---------------

Newsflash for you: no matter how much resource the US has, it still has less than the world.

And US Americans have secured their life style by tapping in the world's resources.

There is something like a US world order, you know...

Sat, 12/22/2012 - 03:53 | 3089435 Yen Cross
Yen Cross's picture

You are a poor excuse for Chinism, you jism faced asshat. Head back to your reverse repos and rivers full of suds! BITCH!

Bubble trouble: 50ft tsunami of foam sweeps through village following chemical spill | Mail Online

Sat, 12/22/2012 - 03:58 | 3089438 akak
akak's picture

Newsflash for YOU, Chinese hypocritizen: no matter how much world resources China blobs-up (and they do more than any other nation, INCLUDING the USA), it still is never enough, because rapacious Chinese blobbing-up nature is eternal.

When it comes to unsustainable consumption, Chinese hypocrisy is as Chinese blobbing-up does ...

Sat, 12/22/2012 - 10:08 | 3089581 IridiumRebel
IridiumRebel's picture

Pax Americana: Courtesy of enough nukes to turn us all into orange afro wearing cancer-bots. 

Sat, 12/22/2012 - 04:45 | 3089451 Parrotile
Parrotile's picture

When the US Economy "goes Nuclear meltdown" (as you put it), you will find that there are a LOT of Countries that have been on the receiving end of American interference, who have long memories, and quite a thirst for revenge when the opportunity presents itself - being mindful of the old adage "revenge is a dish best had cold".

You'll be rebuilding, but the rebuilding will be under the direction of, and for the benefit of, your new masters - and they won't be American.

 

Sat, 12/22/2012 - 06:42 | 3089494 WTFx10
WTFx10's picture

Our Masters now aren't American. Most likely niether are yours where ever you reside. Follow the money it leads to the masters everything else is deception.

Which works quite well.

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks." John Dalberg Lord Acton

Guns don't kill Banksters, Debt Slaves Kill Banksters

Sat, 12/22/2012 - 10:06 | 3089579 IridiumRebel
IridiumRebel's picture

Our military will still be in tact and many of those people are just like us here. I am talking economically, not militarilly. You are not talking about the pakistani military. Not with a bang but a whisper.....keep dreaming.

Sat, 12/22/2012 - 23:35 | 3090775 hooligan2009
hooligan2009's picture

heh...divorced much?

Fri, 12/21/2012 - 21:06 | 3088930 Monedas
Monedas's picture

The End of the World .... Monedian Calendar .... written down on a shoe box lid in crayon ! :    1913 (Fed)... 1914 (WWI) ... 1929 (Depression) ... 1939 (WWII) .... 1949 (Korea) .... 1959 (Cuba) .... 1969 (Viet Nam) .... 1979 (Carter) .... 1989 (Read my lips !) .... 1999 (WTC 1st attempt !)  .... 2009 (Obama) .... 2013 (Fed Centennial) .... 2014 (WWIII) .... 2029 Monedas dies .... world sinks into death spiral of grief, despair, hopelessness and Haliotosis Pandemic) !

Fri, 12/21/2012 - 21:42 | 3089041 Yen Cross
Yen Cross's picture

 Hey/ Ya you. You have had some good posts lately. I knew your noodle wasn't over cooked. ;-)

Sat, 12/22/2012 - 02:49 | 3089387 CunnyFunt
CunnyFunt's picture

YC=ZH unofficial (official) screener

Rock on amigo, +1 for the HuffPost bullshit, fuck them bitches

Bottoms up for the New Year, quit trading for the year and whip it up, cash! bitch.

Sat, 12/22/2012 - 03:05 | 3089402 Yen Cross
Yen Cross's picture

 Cunny you keep kicking ass/ I wish you posted more? I love learning from you. 

  WTF is up with Tyler? That's Sacrilege!  I'm looking for light markets next week. I love to trade, like Vikings loved to pillage!

  Now we get some volatility, so I can get technical on short term charts. Merry Christmas (someone made the universe)

Sat, 12/22/2012 - 03:20 | 3089414 CunnyFunt
CunnyFunt's picture

I love to trade, too. But in 2012 I got hammered on oil longs and barely made up for it on silver shorts. I'm at my wit's end with this bullshit. Ffs, when will reality return? I'm holding until a "sure thing" comes along. Maybe when silver is at 26.66 and oil is at 76.66 I'll buy in. For the mean time, I'm out. MERRY CHRISTMAS (I DON'T feel guilty to say so) and a happy New Year to you and yours!

Sat, 12/22/2012 - 03:40 | 3089429 Yen Cross
Yen Cross's picture

I got hammered a few times to.  You aren't alone/ anyone that says they walked out of the quagmire of 2012, is a BOLD FACE LIAR!

   This has been one of the most ponzi/Monkey Hammered years on record! You should never feel bad about sharing your faith!

  I believe in evolution.  The big bang wasn't evolution.

Sat, 12/22/2012 - 03:21 | 3089415 CunnyFunt
CunnyFunt's picture

dup

Sat, 12/22/2012 - 03:47 | 3089433 AnAnonymous
AnAnonymous's picture

One big line is missing

1776 (American declaration of Independence)

Sat, 12/22/2012 - 04:44 | 3089436 Yen Cross
Yen Cross's picture

Fuck off/ Yuanism

Long Chinisms> Hey Fuck face> look at Hammer and Sicklisms> Horrific photos show Chinese protester crushed by steamroller: report  - NY Daily News

Sat, 12/22/2012 - 03:55 | 3089437 akak
akak's picture

One big line of crap is missing:

1935 (Mousy Tongue's Long March of Insanitation)

Never forget that your supposed cultural hero, Mousy Tongue, was the GREATEST mass-murderer in all of human history.

But when dealing with antlike Chinese subhumans, "half-man half-thing", what's a few tens of million dead here and a few tens of million dead there?  Only the inscrutable Chinaman really knows ...

Fri, 12/21/2012 - 21:15 | 3088974 Aurora Ex Machina
Aurora Ex Machina's picture

Easy tryptic:

Your desire

The result

The end game ... not really, I think this was the last.

 

Interestingly, the last iconic performance by Freddie Mercury, on Top of the Pops, I cannot find. Such is the memory hole.

Sat, 12/22/2012 - 02:07 | 3089358 Yen Cross
Yen Cross's picture

 You are an Idiot! I could care less if you're gay. You are just plain stupid! You know nothing about finance/ Do you realize how foolish your links make you look?

 Back to the flower shop/bird cage!

Fri, 12/21/2012 - 21:20 | 3088990 Kreditanstalt
Kreditanstalt's picture

#36 In 1999, 64.1 percent of all Americans were covered by employment-based health insurance. Today, only 55.1 percent are covered by employment-based health insurance.

This is still too good...hard to believe...I'd have thought 40%

 

Fri, 12/21/2012 - 21:32 | 3089019 blunderdog
blunderdog's picture

I dunno, I don't feel so warm and fuzzy about #73.

      "When Barack Obama first took office the national debt was just 10.6 trillion dollars."

JUST $10.6T?  WTF?!?!

Is this INTENDED to make it sound like everything was A-OK then?

If $10.6T is OK with you, consider that we were living in PARADISE back in 2000, when it was a PUNY $5.6T.

(Really?  I mean...REALLY?)

Fri, 12/21/2012 - 21:44 | 3089051 IridiumRebel
IridiumRebel's picture

"#13 The U.S. share of global GDP has fallen from 31.8 percent in 2001 to 21.6 percent in 2011."

 

Yes, there has been a succession of dumbasses, but that has obviously been by design.


Fri, 12/21/2012 - 23:30 | 3089231 Seer
Seer's picture

By Mother Nature's design...

The GDP is a joke.  And when the financial and other virtual-making sectors are your go-to GDP makers, well...  You need to catch that BBC documentary on Spain's economic situation to understand how tenuous all this economic shit is.

NOTE (commenting on a previous posting of yours above): I agree that the US does have lots of resources; the problem is US consumption dwarfs them (would burn through them in no time).  Real wealth only seems to come from resource exports and clear value-add manufacturing (exports).  US debt levels would/will demand that resources are exported rather than consumed internally (which does nothing for the trade deficit).

Sat, 12/22/2012 - 09:53 | 3089569 IridiumRebel
IridiumRebel's picture

We use resources quicker and faster than everyone. Me and the other American posters here are sickened because the basic premise of America is being decimated. This thread just provides a place for all of the America haters to spout off. Most Americans are kind decent people, but we have a political class who do not have the will or intelligence to turn the boat around. We even have ways of doing this, but they are so afraid of losing voters that they are basically strip mining the country of assets for personal gain. My family has been in this country for almost 400 years. I take our decline personally. I respect people's freedom to post what they want and if kicking us while we are down is comforting to them so be it, but I will use my freedom to call them names. AnAnonymous and Jobe....I'm looking at you. BTW, you too should feel free to tell us all where you are from so we can at least have some fun with it all. 

Sat, 12/22/2012 - 14:43 | 3089807 falak pema
falak pema's picture

you are only down, you stupid clown, because the 1% of the US hubris brigade decided to change the power meme under Ronald Reagan; to pathological short term capitalism based on unlimited debt and "massive military supremacy" star wars game. It had a price tag to it : which led to the 2008 steroid pumped inevitable deflate; not recognised by desperate oligarchy Caymanista lords; then as ever more so now; those very same that had already sold YOU down the drain.

'Cos THEY, those avowed SCIONS of USA, USA; that you so badly yearn for again like a hooked addict in deprivation; did not differentiate beween sheeple in USA and sheeple elsewhere. All sheeple are toast to them. That's the unkindest cut for delusional Rambos like you; lost in Nam victory and Afghan surge dreams concocted by Hollywood of "we want it all and we want it now" greed. Terminatorista shit storm as real as the Californian cornucopian surplus wealth pile he left his countrymen! Dream on.

Its your own elite that has kicked your moronic ass to pieces. SO don't bite like a pit-bull hot with rabies. Think first and learn to understand the world. Every empire has died from hubris and abandonment of people by the Oligarchs; its a repeat its no big feat. 

So you are experiencing nothing new. Remember those original Indians who have all disappeared?  Whats so special about your "new american" creed. If it only has self pity and delusional proto-fascism to feed on, it will end like all those other mad dog rages : In the gutter of history. 

Your enemy is the Same as that of Spartacus. At least he died with dignity, alike the american indian. Capische gringo?

Humility and learning from past mistakes never killed anybody as fast as feeling rage and more uncontrolable knee jerk.

The country you call your own can turn this round; and it will but thru true grit and sacrifice; not more hubris. 

Sat, 12/22/2012 - 00:54 | 3089316 are we there yet
are we there yet's picture

At end of Obama term now if projected it will be over 24 trillion dollar deficit. If no inflation and economy does not get worse, baby boomers atop aging, and food stamps and entitlements don't get worse. Hmmmmm....... Buy big silver ingots and wrap in stretch wrap for later.

Sun, 12/23/2012 - 03:16 | 3090945 blunderdog
blunderdog's picture

He has to do better than the last guy, so he has to go a comfortable margin beyond...that's how we know we're making progress.

Given that the last guy started at 5.6T, if he came in and it was 10.6T or whatever, if he *doesn't* go higher than 21.2T, he's a total loser by historic standards.

Fri, 12/21/2012 - 21:38 | 3089031 IridiumRebel
IridiumRebel's picture

AnAnusnonymous has a huge hard on right now.....like four inches and shit. 

Fri, 12/21/2012 - 21:50 | 3089077 Seer
Seer's picture

That kind of places you...

Oh, and we don't need to hear any more of what the two of you are doing together.

Fri, 12/21/2012 - 21:58 | 3089087 IridiumRebel
IridiumRebel's picture

Yes we are together in his little hut having Apocalypse sex as we spout off economic numbers......it's very financial. BTW I am a female.

Fri, 12/21/2012 - 23:33 | 3089234 Seer
Seer's picture

Thanks for being a good sport.  Just an attempt at humor... (And, for god's sake- RUN! ha ha!)

Fri, 12/21/2012 - 21:39 | 3089037 orangegeek
orangegeek's picture

And the SP500 climbed over 1% this week.

 

http://bullandbearmash.com/chart/sp500-weekly-117-macd-shows-bearish/

 

Still bearish on the outlook.

Fri, 12/21/2012 - 21:40 | 3089038 Yen Cross
Yen Cross's picture

 The Huffington Post is showing up in Z/H addscreen? WTF?  Excuse me while I barf up a lung!

Fri, 12/21/2012 - 21:47 | 3089057 HD
HD's picture

This list is frightening. Ben just printed in his pants.

Fri, 12/21/2012 - 21:57 | 3089088 q99x2
q99x2's picture

What's to complain about. 1/3 of the people aren't working and they have the internet. Crazy young women to have sex with. Beautiful sunny beaches to jog and surf. Plenty of food. Health needs paid for. Enough money for a lottery ticket now and then. Great education. The only ones probably complaining are the working fools. If you are working get with it. The banksters are paying to keep everyone from hunting them down and hanging them. And they can pay more much much more.

Fri, 12/21/2012 - 21:58 | 3089089 ugmug
ugmug's picture

The world has acquired the most coveted talent denied to all previous generations.....the ability to create and post YouTube videos. Civilization is saved!

 

Fri, 12/21/2012 - 22:09 | 3089129 Aurora Ex Machina
Aurora Ex Machina's picture

And so said those sniffing at pamphlets posted on Gutenberg's printing press.

And, low, hark now: what did pamphlets achieve, but the French Revolution, The Protestant Reformation and indeed, the American Revolution.

 

Top tip: If you're behind the curve, try not to repeat the stupidity of those arch-Conservative asses who poo-poo'd the prior technological revolutions, lest you look a total ass.

Fri, 12/21/2012 - 22:19 | 3089145 ugmug
ugmug's picture

The next big liberal protest will be to demand more electrical outlets. Liberals are real big on green energy by placing fake greenery on all the huge power lines. I'm for liberals practicing blue energy where they hold their breath in their usual hissy fits and turn blue.

 

 

Fri, 12/21/2012 - 22:30 | 3089154 Aurora Ex Machina
Aurora Ex Machina's picture

Oh, Gods, are you really this silly? "Placing fake greenery on all the huge power lines". Even for hyperbole, this plumbs the depths of ignorant facile pathetic imagery.

Le Morte de Danton.

God spare you a non-cushy environment where your pampered and self-indulged stupidy isn't paid for by the rest of the world. You do realise, we hope, the average energy spending by Americans compared to the rest of the world, yes? Hint: Germany, the next largest users, uses 2/3rds of what an average American uses.

 

Hint: You're fat. You're indulgent. You're stupid. You're ideologically child like. You're unable to even deliver an insult without the mature ones around the table grimacing at the crudity and stupidity of it.

 

And, we're hungry now. If you're what's stopping the next revolution, better move country, fast; because of a scale of 1-to-dogfood, you've just hit dogfood.

 

 

Ciao.

Fri, 12/21/2012 - 22:35 | 3089164 ugmug
ugmug's picture

 

The next great revolution - worldwide bankruptcy.

This generation has the luxury of hundreds of years of hindsight and all its done is create verbose idiots that promote debt to solve the age old human flaw of laziness.

 

 

 

Fri, 12/21/2012 - 22:39 | 3089172 Aurora Ex Machina
Aurora Ex Machina's picture

Nope.

You're just ignorant. You don't even know that the entire CIA / Syria / FSB propoganda matrix is played out on youtube these days; let alone the deeper depths of memetic viral propogation.

Youtube is also a major player in social and cultural memes, especially in Songs.

"This" generation is actually just about to take a huge smack to the balls / vagina for your generation's stupidity, naviety and selfishness.

Laziness? Yep, how's that whole "pay nothing for school, get a shitty job that paid for an entire family without mother working and now we want a pension" playing out against the kids of today? Answer: it ain't. you self-deluded and sad old fat fuck.

 

This is your "laziness", and it is so pathetically selfish, you deserve a roasting.

Fri, 12/21/2012 - 22:43 | 3089179 ugmug
ugmug's picture

Your AK-47 rhetoric is very revealing. You like to pull triggers with words but one day it'll back fire with real consequences.

 

Fri, 12/21/2012 - 22:49 | 3089189 Aurora Ex Machina
Aurora Ex Machina's picture

Sorry, but a man of your caliber cannot threaten me. Chances are, you're too slow to even see me move; you'd be gasping with blood flowing from your neck with a look of confusion and askance wondering:

"How did this happen to me?"

You're a small nothing, pissing against the wind, and worse yet, blaming the wrong things with a limited vocabulary and even more limited impact on those who read you.

Learn or die.

 

 

We know what you've chosen.

Fri, 12/21/2012 - 23:18 | 3089217 ugmug
ugmug's picture

Here will be the inscription on your tombstone -

He's Gone Along With His Insipid Big Words - His Last Words Were Very Small - Oh, Shit!

Fri, 12/21/2012 - 23:42 | 3089240 Aurora Ex Machina
Aurora Ex Machina's picture

At least I get a tombstone; yours will be merely a body thrown in a ditch, the last words "But, but, I have gooooooold, you can have it if you don't killll <urk>". Oh, and then they'll rape your wife and daughters.

Oh, and p.s.:

You're seriously imagining my death here? Really? You've really gone from imagining Youtube has no cultural impact, to imagining that I'm "threatening you with AK47 dialogue" and to imagining my death?

REALLY?

Your brain is that fucking tiny, you have to jump from "not getting Youtube" into "Must kill all those who disagree"?

REALLY?

Fuck me, you're a total joke. I was just being silly [notice, I mentioned it once], just to see how fuck-tardedly stupid you were.You took those crumbs and ran with the insanity though.

Oh, and getting your alt account to +1 your shit. **Winning** OH wait. getting more fat old men thinking the internet works like this to +1. SAD.

 

You're a total psych case. How was Vietnam, I bet you loved it over there, psycho.

p.s.

Still; you're fat & slow, never bet against the fast n the furious, you're gonna lose. I don't do "last words" - yours will merely be "Contract completed". (OOOOh, OOOOh, let's get all male testosterone HORNEY over INTERNET INSULTS. MY DICK IS BIGGERER!!)

 

tl;dr

 

Fat old cunt who is too stupid to understand the net. Gets upvotes from other sad fucks.

 

>Will tell Cat that I accessed her account last night in the morning, but these old Conservative tards are too easy a target<<

 

 

/fail

Sat, 12/22/2012 - 03:45 | 3089340 Yen Cross
Yen Cross's picture

I* have a cow patty with your (bull shit) toss (a) cross liberal clown face on it!  You fucking worthless  ass trumpeting moron!

 Your cock couldn't find the right side of  a Chicken Coop, you fucking piece of "dried up smegma"!

Sat, 12/22/2012 - 09:43 | 3089562 IridiumRebel
IridiumRebel's picture

Anyone who messes with Yen Cross messes with me......

Sat, 12/22/2012 - 13:56 | 3089769 falak pema
falak pema's picture

turds of the same feather tarred together. Hate and rage on the same putrified page. 

And, its "la mort de Danton".

Sun, 12/23/2012 - 03:20 | 3090947 blunderdog
blunderdog's picture

Fuck you both on principle alone.  One to a fight, assholes.

Sun, 12/23/2012 - 11:45 | 3091335 Nimby
Nimby's picture

Looks like someone has delusions of being a vampire!  Tell me, are you a gay Anne Rice vampire, or a sparkling Stephanie Meyer vampire?

Sat, 12/22/2012 - 11:56 | 3089664 Athenian
Athenian's picture

About time someone posted the truth that is the screwed up boomer generation. Thanks fellas.

Fri, 12/21/2012 - 23:39 | 3089246 Seer
Seer's picture

"This generation has the luxury of hundreds of years of hindsight and all its done is create verbose idiots that promote debt to solve the age old human flaw of laziness."

And your guiding light of wisdom is?

Most of the innovations were made possible by the sliver slice of about 150 years, the reign of fossil fuel extraction.  All has been a continuum of a wasting.  I suspect that there was an attempt to get off this rock, but it was not to be (if even).  So now we'll resort to the hand from the clouds to do the work were could not.  We're starting on energy decline.  That's all...

Sat, 12/22/2012 - 00:07 | 3089270 smart girl
smart girl's picture

And you... Must be French.

Sat, 12/22/2012 - 01:41 | 3089344 Yen Cross
Yen Cross's picture

A fucking liberal quoting a falling Frenchman . Le Morte de Danton. You are better than roasted duck!

Sun, 12/23/2012 - 11:42 | 3091329 Nimby
Nimby's picture

*child-like

I find it interesting that you use Germany as an example.  How much of their security is subsidized directly by the American taxapyer? 

Tschuss. 

Fri, 12/21/2012 - 22:20 | 3089147 ramacers
ramacers's picture

too late.

Fri, 12/21/2012 - 22:55 | 3089199 swamp
swamp's picture

IMMIGRANTS.

Fri, 12/21/2012 - 23:43 | 3089251 Seer
Seer's picture

XENOPHOBES.

BTW - My grandfather was an immigrant.  And, as a matter of fact, anyone who is "white" has immigrant lineage.

Sat, 12/22/2012 - 09:30 | 3089557 BooMushroom
BooMushroom's picture

And those of us who are white received the same kind of xenophobia for a short while when we arrived in a wave, too.

But guess what happened? Our parents and grandparents had us learn the language and culture and dress of our new homeland. We INTEGRATED. Within a short time we stopped being Irish or Italian, or Portuguese, and started being American. My grandmother refused to teach her children the old language. We brought no flags, we did not proudly proclaim which province we came from within our old country. Our parents were named, and named us, with American names. We came to become Americans.

Our current crops of immigrants come here with the expectation that they remain the same, only with a different address.

Sat, 12/22/2012 - 13:12 | 3089730 chubbar
chubbar's picture

Push 2 to hear this in spanish.

Sat, 12/22/2012 - 23:29 | 3090768 hooligan2009
hooligan2009's picture

push 3 to get your eagle feather head dress dusted off

Sun, 12/23/2012 - 11:33 | 3091316 Nimby
Nimby's picture

Vikings made it to America before the Asians.

Sat, 12/22/2012 - 01:12 | 3089328 newengland
newengland's picture

#1 The privately owned  Federal Reserve Board serves foreign interests, not the U.S.A., and it has deliberately bankrupted the U.S.A. with its globalist agenda in order to steal with impunity in the U.S.A., and abroad. It's true home is Switzerland, where the majority are the AshkeNAZI who are not jew, christian or atheist, but an implacable monied warring tribe: the Zionists. 

Socialism and communism are nicey names for fooling the majority into handing everything over to the AshkeNAZI. See the recent bail out of banks as an example of how successful their strategy is, and the endless wars which profit them, no matter who wins or loses.

Sat, 12/22/2012 - 02:00 | 3089351 Seer
Seer's picture

 

 

"See the recent bail out of banks as an example of how successful their strategy is, and the endless wars which profit them, no matter who wins or loses."

They're plugging dikes!

The damage was done via massive GROWTH.  Correction: the damage was the SELL to enage in massive growth.  Hook, line and sinker...

BUT... so they've got "books" showing they are "good" (which, we all know, is NOT true).  It's PAPER.  It's VIRTUAL.  All of "them" only exist because we enage in Their game; the moment we stop they perish.

Yes, the endless wars.  However, TPTB have no interest in wars other than out of necessity.  Wars are ALWAYS about resources.  As concentration of "wealth" continues it will become apparent what "side" really exist.  And at that point the game is over.

They're doing the only thing they know to do.  And...

Old Charlie stole the handle and

The train it won't stop going
No way to slow down.
He hears the silence howling
Catches angels as they fall.

And the all-time winner
Has got him by the balls.
He picks up Gideons Bible
Open at page one

God He stole the handle and
The train won't stop going
No way to slow down.

http://www.songmeanings.net/songs/view/14216/#1pZ4blytRAOwgW1P.9

 

In the still of the night, in the world's ancient light

Where wisdom grows up in strife
My bewildering brain, toils in vain
Through the darkness on the pathways of life
Each invisible prayer is like a cloud in the air
Tomorrow keeps turning around We live and we die, we know not why

 

http://www.bobdylan.com/us/songs/when-deal-goes-down
Sat, 12/22/2012 - 10:42 | 3089611 Falconsixone
Falconsixone's picture

No, you're never to old to Rock'n'Roll if your to young to die.

Sat, 12/22/2012 - 03:28 | 3089424 AnAnonymous
AnAnonymous's picture

'Americans' need nothing to be explained about what is coming. They know it.

They know that what is coming up is even more 'americanism'

Sat, 12/22/2012 - 04:02 | 3089426 akak
akak's picture

Why are you constantly monolizing the speeching means?

Must be your eternal blobbing-up nature manifesting itself again.

Sat, 12/22/2012 - 03:48 | 3089434 Yen Cross
Yen Cross's picture

Get my egg rolls chop/chop you stupid fucking (gung ho communist)!

Sat, 12/22/2012 - 03:29 | 3089425 are we there yet
are we there yet's picture

Mayans were dumb as rocks at predicting their own end. Nothing ended yesterday.

Sat, 12/22/2012 - 10:22 | 3089595 Dr. Engali
Dr. Engali's picture

The Mayans never predicted anything. Their calendar just ran out of days. The people who are dumb as rocks are those who bought into the hype that a calendar running out of days meant something more than it did.

Sat, 12/22/2012 - 11:37 | 3089650 yabyum
yabyum's picture

Twinkies??

Sat, 12/22/2012 - 03:41 | 3089430 dark pools of soros
dark pools of soros's picture

"#24 The average amount of time that an unemployed worker stays out of work in the United States is 40 weeks."

 

damn that sounds like a great vacation...  and Europe thought they got more weeks off?!!!

Sat, 12/22/2012 - 06:04 | 3089485 Joe A
Joe A's picture

USA! USA!

Sat, 12/22/2012 - 06:56 | 3089498 Fíréan
Fíréan's picture

#73 Amazingly, the U.S. national debt is now up to 16.3 trillion dollars.  When Barack Obama first took office the national debt was just 10.6 trillion dollars.

#74 During the first four years of the Obama administration, the U.S. government accumulated about as much debt as it did from the time that George Washington took office to the time that George W. Bush took office.  

 

 

 

16.3 (now) - 10.6 (time OB took office)   = 5.7 trillion.

 10.6 ( OB took office)  -  5.7 ( Washington to Bush took office, "about as much" )   =  4.9 trillion, time between when Bush took office and when Obama Took office. the Bush era.

Taking into consideration the "about as much"  in that figure quoted, then the Bush era figure  is a +/ - 4.9 trillion .

Is that correct ?

 

 

Sat, 12/22/2012 - 09:01 | 3089547 negative rates
negative rates's picture

The #'s are, the timing is not. We are paying off 30 year bonds at some 14+% from the late 70's to 80's. This is why we have such a debter society, we honored those illegal bonds at 100% and continue to do so. Nopresident could have changed that, it was congress who got trusted by Hank Paulson rather than defaulting on our obligations. It continue to this day and that is why the sky is the limit when it comes to our debt obligations, it's written into law also for the benifit of the upper class. Now we enter the separation of the classes with QE infinity, as we expand our war machine to protect the newly createrd assests and wonder how we can contain this mental disorder even more. It aint gonna be pretty either! 

Sat, 12/22/2012 - 23:27 | 3090762 hooligan2009
hooligan2009's picture

errr...1970 plus 30 years = 2000 and 1980 plus 30 years =2010? 30 year yields peaked around 15% in sep 1981 and fell to 7.5 in October 1986..they weren't issued between march 2002 and jan 2006..its all about volume and value issed at the time of the deficit

Sat, 12/22/2012 - 12:39 | 3089592 Dr. Engali
Dr. Engali's picture

When Bush took office the national debt was 5.73 trillion. He added 4.9 trillion. So the writer's statement is correct.

Sat, 12/22/2012 - 06:53 | 3089503 news printer
Sat, 12/22/2012 - 07:35 | 3089517 GCT
GCT's picture

The people voted for this shit and not alot is going to change.  We often time discuss sheeple here. Hell they know the gov has their backs so why bust your ass for a low paying job.  Why finish school if you can have a child and get on the dole. 

Who is the stupid one here those that put up with some stupid ass boss that thinks they own you for the time you put in to get paid peanuts or those that party all night get out of bed when they choose and get the free stuff.  56% of the people in this country are on some sort of government program. 

The people voted for the hand outs and they can keep this charade up probably longer then most of us will live.  Lets get real here for a change.  Get your money for nothing and your stuff for free!

The only ones the government will screw are the elderly and middle class.  Hell here in Arkansas we owe the Fed 400 million for Medicaid and they tout we have a balanced budget!  The govenor wants to add another 245,000 to its rolls.  The people love him!  What the gov forgets to mention is the Fed will only provide funding for three years and then it is up to the state to fund it.  This is the world people live in and want.  Let them have it until they can't.  Once the Fed money is cut off the state will raise taxes to cover the loss or cut the program as Arkansas's constitution requires this.  LOL right they will just apply the new math.

We have a long time before all of this so called freebies is going anywhere.

 

Sat, 12/22/2012 - 07:59 | 3089522 MajorWoody
MajorWoody's picture

Some more numbers I've found:

Since Gasoline prices went from 99 cents to 4 dollars, everthing in the article quadrupled in price.....NO SHIT

95% of the world population doesn't give a shit 

Have a nice day

Sat, 12/22/2012 - 07:59 | 3089523 I am Jobe
I am Jobe's picture

#33 Right now, approximately 25 million American adults are living with their parents.

Learn from your parents mistake, use birthcontrol to avoid any inbreeding loser Amerikans

Sat, 12/22/2012 - 11:39 | 3089653 yabyum
yabyum's picture

Jobe, we always use birth control when we diddle our own! Your mom......not so much.

Sat, 12/22/2012 - 08:23 | 3089532 egoist
egoist's picture

It's not like this hasn't been a long time coming. What's really "if you can believe it" is that it continues on - seemingly endlessly. #48 is particularly amusing.

Sat, 12/22/2012 - 10:51 | 3089625 Falconsixone
Falconsixone's picture

Make 400 copies and pay off the debt with words?

Sun, 12/23/2012 - 19:35 | 3091909 toncuz
toncuz's picture

Funny...how the right-wing loonies at ZeroHedge... in all their "end of the world" (buy gold now) propraganda never seem to mention that the Republican Party took over Congress 18 years ago (1994) and the Democrats had but a two year "blip" of control (2008-10).

The power of the purse strings goes to the Congress says the Constitution...so, 16 years out of 18 has the GOP controlled America's money: There's only only one group to blame.

They also never don't mention that America's business owners are not required to actually spread the profits to their workers like Germany. Or that countries like Germany don't have layoff's...during slow-downs, the entire nation works a four day week...and that labor sits on every corporate board. But that would sound "socialistic", right?

The grand larceny that has really happened was by America's big business over the past 20 years with CONSERVATIVE REPUBLICAN control of Congress who deregulated their big business contributors and de-funded the people's watchdog agencies claiming "government" was too big to watch out for the common citizen.

The average hourly wage in 1992 America was $16 an hour...in 2012?...the same $16. Average income for the big business executive? Multiply his 1992 salary by FIVE TIMES...gee, I wonder who stole America? Just keeping up with America's business controllers means the average American wage-earner should be at least $29-$30 an hour.

So now, after 25 years of de-regulating, de-funding, de-unionizing and destroying America's infrastructure by CONSERVATIVES, the goofballs at Zero Hedge seek to focus on the last four years of recovery from America's raped and pillaged Republican ashes?

Sun, 12/23/2012 - 19:44 | 3091922 akak
akak's picture

More divide-and-conquer, red team/blue team, "My guys are better than YOUR guys!" bullshit.

Anyone who by now does not realize that the false two-party monolith is composed in equal measure of sociopaths on BOTH sides of the aisle is too ignorant and/or too brainwashed to even be commenting here in any intelligent manner.

Thanks for playing anyway.

Sun, 12/23/2012 - 22:11 | 3092129 toncuz
toncuz's picture

YOU should actually read up on politics...at least one book might help. Tell me, oh genius...when was the last time progressives had a majority in the US Congress? What percent of Democrats are progressive and what percent are conservative corporatists like the entire Republican Party?

Sat, 12/22/2012 - 08:41 | 3089538 karzai_luver
karzai_luver's picture

amazing (or not) that the smart ones still can't get it...still...haha

galt is on the dole you retards...............

 

merry holidays sheep , you producers , you cum-faced makers ---how funny you are.......how stupid....

 

trade on sheep.

 

luv to trade, luv to see you honey!!!

 

Sat, 12/22/2012 - 11:04 | 3089632 Falconsixone
Falconsixone's picture

Well, For Processed Lamb:  Price per Pound Whole Live Weight  
40 to 50 pounds   $5.00
51 to 69 pounds   $4.00
70 to 90 pounds   $3.00
91 to 120 pounds $2.50

The live weight price per pound is for a processed, vacuum packed or  paper wrapped lamb, ready for you to pick up.. For an additional charge, we can deliver to those customers who are unable to pick up their lamb. You may purchase a half lamb in the 70 pound or larger lambs. Half lambs are an extra $.50 per pound live weight.  A $100.00 deposit is required to reserve or purchase a lamb. If you want a traditional fed lamb weighing somewhere around 120 pounds, please reserve the number of lambs desired and the approximate date wanted. We sell most lambs at lighter weights and would rather not disappoint you with no availability. If you prefer, we will deliver lambs to the processer of your choice for a transport fee.

or you looking for wool?

Sun, 12/23/2012 - 03:22 | 3090949 blunderdog
blunderdog's picture

        galt is on the dole

I like that.

Sat, 12/22/2012 - 10:19 | 3089591 Falconsixone
Falconsixone's picture

On the bright side: There's a light coming down the tracks so you can see the poverty better.

Sat, 12/22/2012 - 10:36 | 3089607 SmoothCoolSmoke
SmoothCoolSmoke's picture

#74  "Amazingly, the U.S. national debt is now up to 16.3 trillion dollars.  When Barack Obama first took office the national debt was just 10.6 trillion dollars."

Love the right wing (racist?) spin here.  But how about this:

% increase in National Debt by President - 

Obama - 45%

GW Bush - 86%

Clinton - 37%

Old Man Bush - 52%

Saint Ronnie Reagan - 190%

Sat, 12/22/2012 - 10:45 | 3089617 roadhazard
roadhazard's picture

 The right wing is never wrong or to blame. Get with the program.

Sat, 12/22/2012 - 12:18 | 3089676 AynRandFan
AynRandFan's picture

If you love Obama because he's black, is that racist?

Sat, 12/22/2012 - 12:56 | 3089716 SanOvaBeach
SanOvaBeach's picture

You right wing fucks!  It is all Obama's fault, right!  Simple minds require simple answers............

Sat, 12/22/2012 - 23:18 | 3090750 hooligan2009
hooligan2009's picture

and whats that in dollars? and in dollars as a multiple of the unemployment rate or average household income or rate of GDP growth?

Sat, 12/22/2012 - 10:43 | 3089613 roadhazard
roadhazard's picture

I would love to be a bug on the wall listening to the conversations with loved ones over the coming collapse. lol, what do you say, stick your head between your legs and kiss your ass goodbye? The middle and lower class can't afford food let alone gold and silver. 

Sat, 12/22/2012 - 10:46 | 3089618 Falconsixone
Falconsixone's picture

Give the Bill Gates thing a try.

Sat, 12/22/2012 - 11:38 | 3089652 SanOvaBeach
SanOvaBeach's picture

In reference to #38.  Putt'im in debt and keep'em there.  That's the motto of my bankster friends.

Sat, 12/22/2012 - 11:50 | 3089660 Pejorative Requiem
Pejorative Requiem's picture

TPTB have good intentions....... if you believe that founding a world economy based on well dispersed misery is a more "humane" alternative to total economic reset and the suffering that comes with it. So you pick......... behind door #1 we have one cataclysmic event that lasts about 7 years and in which a couple billion humans die from famine, pestilence and war. Or door #2 behind which you have an essentially endless condition in which 90% of humanity "subsists" but does not prosper; lives in state of constant need and want, but lives. They're macinations might not work as they intend, but this is how the well intentioned cabals think.

Sat, 12/22/2012 - 12:01 | 3089669 Implicit simplicit
Implicit simplicit's picture

#3.33 billion. This is the amount spent by lobbyists in 2011 (2012 not finished yet). This is more than double the amount spent in 2000.

I wonder if that has anything to do with the income disparity?

http://www.opensecrets.org/lobby/index.php

 

Sat, 12/22/2012 - 12:12 | 3089672 moneybots
moneybots's picture

"Everyone knows Israel, Massad, and Zionists in our own government did 9/11."

 

That would be news to Khalid Sheikh Mophammed and Mohammed Atta.

Sat, 12/22/2012 - 12:34 | 3089688 haskelslocal
haskelslocal's picture

What's this list good for?

I've got a shitty memory and it's unfair game play to pull out a list when you're yelling at someone regarding how fucked up their propaganda is.

So I'm fucked either way. So much for data.

Sat, 12/22/2012 - 12:42 | 3089700 Sigep0612
Sigep0612's picture

In the land of the Obese, Tattooed, and Pierced, the only real question is when.   Everyone reading this site has an acknowledgement of at least some of the 1-75 points that you make.  The real question is WHAT'S NEXT?   When or What event triggers the collapse?   It seems that our friends in DC keep feeding the pig...thus keeping things in check.  So I would enjoy hearing about event or policy or initiative will trigger the decline.  

Sat, 12/22/2012 - 12:58 | 3089718 mdkersey
mdkersey's picture

Two paragraphs forecasting economic collapse/gloom/doom followed by a list of numbers apparently generated by a genetic algorithm searching for "numbers that have changed a lot", sling them into a hash and post them?

Do you think we're f*cking numerologists and that a bunch of numbers scares us? This is no more and no less than a Mayan calendar end-of-world prediction and has as much predictive power.

I once paid more attention to ZeroHedge but it is now little more than a doom-and-gloom quaker prayer session - "quaker" as in "quaking in their boots from fear." [My apologies to those finest of religious persons know as Quakers, who would never participate in such misguided behavior.]

 

Sat, 12/22/2012 - 18:09 | 3090095 Parallel FORECLOSURE
Parallel FORECLOSURE's picture

How about listing them one at a time, and then letting each item be discussed. There are several points that are logical correcting manifestations that are made to sound bad.

Lower marriage levels, excellent, yet here it is made to sound bad. Adults living with parents, excellent way to cut expenses AND reduce overconsumption of raw resources.

Sun, 12/23/2012 - 19:25 | 3091898 toncuz
toncuz's picture

Funny...how the right-wing loonies at ZeroHedge... in all their "end of the world" (buy gold now) propraganda never seem to mention that the Republican Party took over Congress 18 years ago (1994) and the Democrats had but a two year "blip" of control (2008-10).

The power of the purse strings goes to the Congress says the Constitution...so, 16 years out of 18 has the GOP controlled America's money: There's only only one group to blame.

They also never don't mention that America's business owners are not required to actually spread the profits to their workers like Germany. Or that countries like Germany don't have layoff's...during slow-downs, the entire nation works a four day week...and that labor sits on every corporate board. But that would sound "socialistic", right?

The grand larceny that has really happened was by America's big business over the past 20 years with CONSERVATIVE REPUBLICAN control of Congress who deregulated their big business contributors and de-funded the people's watchdog agencies claiming "government" was too big to watch out for the common citizen.

The average hourly wage in 1992 America was $16 an hour...in 2012?...the same $16. Average income for the big business executive? Multiply his 1992 salary by FIVE TIMES...gee, I wonder who stole America? Just keeping up with America's business controllers means the average American wage-earner should be at least $29-$30 an hour.

So now, after 25 years of de-regulating, de-funding, de-unionizing and destroying America's infrastructure by CONSERVATIVES, the goofballs at Zero Hedge seek to focus on the last four years of recovery from America's raped and pillaged Republican ashes?

 

 

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