Millions of Elderly Americans living in Poverty; Unemployment hits 9.7%

[lucy9359]

I am Canadian I think Obama must be the equivelant of our liberal government here correct as in there agenda is to pander to the unions and corporations and spend so much money on leftist extreme group agendas? Conservatives here tax the crap out of us to get back the money the liberals spend on things like sex changes for inmates and I am not kidding that is how qaucko they are! then we pay 60% of our incomes out for that crazy crap!

[autobahn101driversed]

Really cannot banked on the unemployment numbers the government is providing us...the entire equation for calculating unemployment is flawed. I'm with Peter Schiff on the issue of allowing Americans to purchase their own unemployment insurance. Imagine working for 20-30 years and the U.S. and once unemployed the government provides you with 6-12 months of a percentage of your wages. Oh you have to BEG for an extension. What a scam!

[ChangaManga1000]

America is a fucked up place. Politicians boast about "helping" ( killing, massacaring, destroying) poor countries, but they can not help their own people. U americans should wake up and fuck up ur politicians. Because of them you are living in a misery.

[kmaydacrook]

the government is takin care of the elderly get rid of health care and create a pandemic the swine flu dats a great way to take care of the elderly

[taineasy]

Another key unemployment/employment rate to consider is the fact that the hiring of temporary workers has fallen 17 consecutive months. One of the early signs that things MAY be improving is an increase in the rate and trend of temporary worker hiring. This figure is considered by economists as a LEADING indicator of furture trends. Even if the rate of decline in Unemployment` slows there are no prospects for those unemployed or under employed to get a good job. U. will be 25-30% by end of 2010.

[Hoopalama]

You are so correct! The US job market is not improving. What appears to be a lower unemployment rate is merely claimants of UI falling off the roster because their funds are exhausted. The emperor is still wearing no clothes....

[albc1964]

I am now 45 years old; With this news I guess I would have to stock my retirement plans up and that are sound fiancially . Hmmm I wonder if there are IRAs that are based on precious metals like gold or strong foreign countries economy wise like China. Anyone here have heard of or have seen such a IRA?? Thanks a Million!! for taking the time to answer this question of mines

[manofreedom]

albc1964, I have my retirment accout on ETRADE and self manage it. I put almost every penny into precious metal mutual funds that where spread out into the entire metals market from mining to retail to manufacturing and I haven't lost a dime. In fact, while most have lost $ in their 401Ks I've made $....like the old Toyota commercial used to say "Oh whatta feelin"

[powermousey]

yes and unfortunately that is true.

Euthanasia and eugenics will be the only option for the elderly. :/ Those who are denied medicines and medical treatment

under some form of Obamacare or who

are deemed a burden to society. Others will join them such as the rising poor and homeless, illegal immigrants, criminals, and those deemed unpatriotic and those that are labeled or on the lists as domestic or foreign terrorists. Also remember forced vaccinations and quaratines too.

[rainmanp7]

Last year on the news when I saw clothing plants shut down. I knew after research that all the jobs are outside of this country. We need jobs here that employee American People. This over seas crap needs to stop. We need jobs here making clothing etc. our own products we can buy and supliment our own economy.

Thank you for your great videos DEMCAD :)

keep em coming.

[rainmanp7]

The Elderly and Fat people fighting for food on the same island ? The Social Security they gain from working per person should only go to that person. Not us working to fund there needs when they never worked. If people pay into something they should get there moneys worth right back. No one has even mentioned SSI 4 the mentaly disturbed. States R cutting funding everywhere @t every level. We need real world solutions not temporary bandaids in the financial sector ,let alone healthcare.

[dan020350]

I wonder does poverty does any good ?

[powermousey]

DEMCAD,

basically, the wars drag on to acquire and maintain various resources: physical, historical and archeaological and for a shift of global players in the Middle East and surrounding areas. But mostly as methods for drainage to our economy, and to trample more of the US citizens rights and destroy the US Constitution, and as a contingency to call back US troops and even call in foreign troops and mercenaries when the USA falls inorder to restore order.

[foospecial]

Great vid, but in contrast the liberal media says we're doing great! In fact, the recession is over!

Fuck liberals, fuck conservatives. It's time for the people to take back control. Brainwashed masses can go to hell.

[DEMCAD]

Why don't you like conservatives? (Fiscal) Conservatives didn't ruin this country, Republicans and Democrats did.

[bgrim2008]

"Unemployment rate hits 9.7%"

Hah! Nice SPIN.

Besides, it only means that:

Employment rate is 90.3%!

That's an "A", well above .500.

NINETY% of Americans are employed!!!! 90%!!! That is a fantastic percentage and overall economy performance for the entire country in general. Who cares about the other 9% ? Majority rules!

[coldfire2227]

You sound like a brainwashed idiot, I'm guessing you have faith in obama? Bud both of my parents are unemployed and I'm working, AND IM 16 YEARS OLD. Let me give you some advice.

Turn off your tv

Stop listening to your messiah Obama

Start preparing for the worse

But there's no point to give you valueable info so why dont your run off and get your swine flu vaccine, hey, after all Obama approved it!

[smttysmth02gt]

It's actually closer to about 80% employment. The numbers are completely inaccurate.

[spyletu]

well i did passively call a bottom to gold and silver a month ago while commenting on one of demcad's videos.. silver was around 12 and a half i think, and gold was around 920.. now it's 16 and 997. sure hope some of you bought it.

[KhmerD0g]

then we should kill off the elderly since they contribute nothing to society but drain whatever left of america's resources.

just kidding people. no flame please.

[elpilotoazul]

Big business doesn't control the government. Big business IS the government. How are we going to care for the elderly? I wish I knew that answer. It will get uglier for them alot more than the rest of us when it all falls apart.

[bertly71]

That 9.7 does not include the ones who took part time jobs instead or the ones who gave up looking after their benefits ran out. Wall street and the bankers seem to be doing alright.

[NowisEvollovetion]

Government eh!

One lie leads to ANOTHER lie, and then ANOTHER lie, and then ANOTHER lie, etc, etc.

It is ONLY when the 'SYSTEM' EVENTUALLY COLLAPSES.

That the power's that be will be forced to face the consequences of their action (all the lying they have previously done).

At which point every-one (even the elderly) will be forced to fend for themselves.

It will be DOG eat DOG (chaos) for a while.

Time is almost up.

[veritasfiles]

Many of them will be left to die. Those Americans who are people of character will take care of their families, no matter what it takes. But you'll see a lot of Americans with no character who will cruelly just reject their parents and let them die in pain and agony. I think you're going to see human nature laid bare in the next few years. Good BlogTV chat by the way, but it wasn't long enough. You need to stay on for more than just 1 hour and talk more about substance.

[NowisEvollovetion]

Excellent point about Human Nature (which to me is Selfishness/A False Nature), it 'IS' going to be shown for what it clearly is.

A complete 'contradiction' of all that is right and true.

It is our Human Nature that is in truth destroying our Real Nature (this Earth and all of the Beautiful forms of Life on it.).

Best Wishes.

[BLynchCAN]

Can't do a vid responce.

[DEMCAD]

This is what happens in a ponzi scheme.

[sixletter]

Short story:

Years ago my Uncle Leo was married to Sarah and she had a sister Joan. Joans husband died and she moved in with Leo and Sarah and lived with them for the next 28 years. In my family we take care of each other. If someone is sick we check in on them and see that they have food, help, medicine, or a ride to the doctor. The same goes for our friends and neighbors. Government is never around when someone I know is born, or buried. End of story.

[nambypamby34]

I want to be a Gerontological soc. worker. Job outlook . good. We better not treat any worse than we already do. Elderly means older and wiser in many ways. Take care of your MOMS .MEN.Mostly women take care of the elderly.

[Video19555]

scary what the real unemployment rate is

[iono54321]

Oh come on, industry has been buying the vote for years, that's why it is no longer a government for the people by the people...it is a government for the politicians by the lobbyists.....some how they figure us into the equation by blowing smoke up our a.s.s.e.s.!

[iono54321]

Or we need to bring in more Filipino nurses to help in the care of the elderly, or baby boomers need to start looking at moving to different countries, Mexico, Thailand, Philippines, Panama, New Zeland, so many of these countries have decent in expensive health care (Dr's trained in the states) and you can live off of a fairly small monthly income....it is worth investigating as you don't need to be stressed and struggling in your old age.

[howitzer24]

THEY TAKE CARE OF THEMSELVES.

[PontVedra]

cooking for them, just plain helping personally n hooking them up with local city,state n govt help. but i think it's important not to let them be n island.isolation no good.try to give $ often,etc.

[PontVedra]

Playing catchup;a lot of vids-great nfo as usual, thnx.Elderly ppl is a huge soft spot 4 me.Genuine care n love 4 them; n deed.our church helps some but i find calling, stopping by,buying, whatever.

[mcgrawtim123]

Who knows what to do with the aging baby-boomers? Maybe the FEMA camps are going to be assisted living facilities for the elderly...coffins to follow.

[johnwilsonriley]

I live in the Maritime s in Canada and I really haven't seen any economic downturn In Moncton,other than a Chrysler car parts distributor closing. For some strange reason, New Brunswick is doing the best of all the Provinces at this time. Unfortunately I saw on TV that we do $30 Billion in trade with the US per year,so when you guys sink, I think we may be going down with you!Lol.

[sharky734]

lol then you can come join the revolution. If we don't win you don't either

[sharky734]

unemployment is at 23.4% Please do not continue the propaganda

[zeusvalentine]

just how does the government know who is looking for work and who has stopped?

the governments figures are shady.

[bondthewall]

Main thing to remember...there are no mistakes in the world of finance. None. What? You really thought your masters loved you?

[IIIJHUSSLEIII]

Things are getting UGLY..

1. China dumped the U.S. Dollar Today!

2. Suicides are UP in Afghanistan (Most in U.S. History!!)

3. The unemployment rate... Well, we already know how Terrible that is!! haha

In the end.. We all should give Barack Obama a standing O'!! *cheers* *cheers* (Just Kiddin')

haha

P.S.

(Check out Jay-Z's new video.. it's called "Run this Town")

It's a JAW Dropper!

[rightwing65]

Looks like the Messiah's policies aren't working. No kidding, anybody with an IQ greater than single digits knew they would never work.

BTW.....remember how the left Blamed Bush for 9/11 even though Clinton did NOTHING to prevent it under his watch. Well, the tide is about to turn.....In 7 days, Obama will now own everything that is wrong with this country. Ain't it grand how the libs own rules are now gonna be used on their savior?

[magillagorillagang]

libs/rep................get over that shit, you are part of the problem. don't you realize both parties are bought and paid for and here you are still drawing battle lines. how about being an American or just a citizen of the world that can see past the black and white

[dashxdr]

>anybody with an IQ greater than single digits

I remember experiencing a week of euphoria when Obama won the election. Just 1 week, I was so, so, so happy McCain didn't win. So happy that we wouldn't get another 4 more years of Bush.

Then the euphoria passed. And now 7 months later I find maybe 4 more years of Bush would have been better. What we got was Bush + 50%.

Then I remind myself that Obama is what this country needs. He'll destroy it, and that's a good thing. Go Obama!

[talkal0t]

President Obama inherited this mess from bush so there you go. If Obama tries to stop their agenda what do you think will happen to him....The fed Run the U.S. Not the President!

[dashxdr]

>The fed Run the U.S. Not the President!

Tell me something I don't know.

The big question is, can a centrally controlled economy function even with high speed communication and computers involved. Meaning can enough people be sedated with a barely mediocre existence such that they don't rise up against the corrupt controllers?

I think the answer is no. The free market cannot be suppressed forever.

[nailerfx]

The reason Social Security is going under is Reagan raped it to balance the budget. Every president since has done his part to rape it. It was meant for one thing and one thing only. If they left it alone, their would be plenty of money left. They (politicans) are thieves and need a bullet. They can serve one term and get 250,000 for the rest of their lives. That is where we should take the money from. And they don't pay into the fund.  99 % of them are SCUMBAGS 545 x 250,000 do the math

[vnandez3758]

The problem with the elderly is a dysfunction of the "nuclear family" and the "extended family". In many parts of the world it is expected that one of the children will take in the parents and take care of them and maybe even live with other family members. We rely far to much on our govt to take care of our own family members when they are elderly or sick. We must embrace and cherish our older relatives especially in a culture that lives on disposable goods. These are people, not things!

[yaplonglong]

DEMCAD - no worries, DJ just gain another 1% - it'll top 20,000 or more shortly. It will look after the folk folks.

[yaplonglong]

FEMA camp!

[ardizd]

dude,

turn up the volume on the mic

[vivaloriflamme]

A lot of hating on the elderly here. Jeez.

Most of them paid into Social Security all their working lives.

[dashxdr]

>Most of them paid into Social Security all their working lives.

All ponzi schemes inevetably end in collapse. Someone has to lose out. That's just too f***ing bad, isn't it.

[DEMCAD]

It's a ponzi scheme. Anyone depending on the government to take care of them is delusional.

However, the people who paid into social security should get there money.

Unfortunately, they will not, because it is a ponzi.

[dashxdr]

>Unfortunately, they will not, because it is a ponzi.

Exactly. And if newer young people pay into SS (when what they're really doing is paying back older people who have paid in all their lives), these NEW young people are owed THEIR retirement funds. It's impossible to get out of this trap without someone getting a raw deal.

So... I volunteer to sacrifice the SS money I've paid in so far on the condition I won't have to pay any more in, or my children. End the cycle now.

[vivaloriflamme]

I know a lot of people in that situation, D A. Others are on 20% pay cuts or reduced hours.

[slobomotion]

My recently widowed mother is penniless. They bought a good personal insurance plan years and years ago, but it didn't cover prescription drugs. To some extent, it's their fault -- cigs and booze did 'em in. Now, I'll trash my own savings to keep her alive, with very mixed feelings -- she threw me out when I was 18, and I've been on my own ever since except to reappear and bail their drunken butts out . . .

[glassman1313]

My dad did the same thing after being thrown into an orphanage, took care of the drunks, but I did learn something from it. My advice, keep buying the cigs and booze, its keeps them sedated. Save your money.

[Ghaztoir]

People posting about soylent green just for the sake of it, are RETARDS!

[justin20anthony]

we lost the same amount of jobs last month and the unemployment rate went down. something is not adding up.

[KOPYMEH]

In my country politicians aren't allowed to get campaign contributions. The state provides all political parties with an equal amount of money that they can use for their campaigns.

But, the same people always get elected, because they have connections with the media and get on all the interviews etc. while new candidates rarely have any significant exposure.

[DEMCAD]

That would be violate the first amendment.

[KOPYMEH]

How is that?

[stuntpea]

The thought of my baby boomer mum moving in when she gets old sends shivers down my spine, but it's the right thing to do.

I wish boomers were more bloody responsible though!

I blame all the de-industrialisation of UK on boomers.

Crime has gone through the roof, because of baby boomers soft approach.

They sold everything off for a fast buck. Now thier kids have to pick up the pieces.

And they can't drive properly.

[Ghaztoir]

The problem is not the boomers, it was the hands they were dealt with by the people in charge.

[AncientLegacy]

The way the country is going is not sustainable. There is no real answer to the baby boomer question I think. We've overspent too much already. While I respect my elders, they have and we have borrowed money from the next generations and to me that is just wrong.

[iLLynch]

baby boomers = Depopulation slaughter time.... WW3 :(

[dashxdr]

If you agree the government is corrupt, politicians are selling their votes, we're mired in endless wars, ridiculous control of fiat currency money supply, declining real wages, rampant poverty, endless taxes and government red tape, socialism bordering on fascism...

Why exactly do you say it is good news if Canada creates 27000 new jobs?

Good news is when this whole thing goes to shit. Increasing unemployment is good news.

[drealm]

I don't have much respect for the baby boomers, most overspent, over borrowed and didn't save one penny for retirement. Not to mention the baby boomers are the generation that started the massive divorce trend and broke down the family unit. So what does that leave? Penniless old people whom have no wife or husband and no children who'll take care of them. It's always been the family unit that took care of elderly, with that gone expect shit to hit the fan.

[dashxdr]

>I don't have much respect for the baby boomers

Ditto. Actually I despise the baby boomers.

In eskimo culture the old people who couldn't pull their weight would voluntarily go off out on the ice and freeze to death rather than be a burden to their families.

So, old people: Do the honorable thing.

[drealm]

@dashxdr

I don't mind elderly people. What bothers me is baby boomers who think they can screw up their whole life and then expect to be taken care of. Elderly people should be a sign of wisdom. Baby boomers are no role models, I hope they enjoy eating catfood out of a can.

From the people who brought you divorce, credit cards, debt, the loss of the manufacturing base, ect. They now expect young people to thank them? And take care of them? Ridiculous. They don't deserve the "elderly" title.

[dashxdr]

>I hope they enjoy eating catfood out of a can.

I like that image myself, I've said the same thing. "My best advice to old people living on social security is learn to like cat food."

I just look at myself. I imagine my own children struggling to get by, to raise their own families. I'd die rather than be a burden to them. Yet the baby boomers don't think this way. It's always, "ME ME ME!" Such ones are not worth saving.

[bondthewall]

I love dashxdr;s point of view. Same here with people over 50 for me majorly. No one likes to be so generalist, but the boomers are the main culprits for the perpetuation of this collapse generation wise. Alas there are bigger instruments at work than the insatiable masses being unleashed on the productive components of society...disgusting...delusio­nal...ditto.

[vivaloriflamme]

Dash- Do you suppose the old "eskimo" people always left voluntarily?

In the Inuit culture, in times of hardship/famine the adults would also hang their children- kids can't pull their weight either.

You blame boomers? What I see are the millions of 20-and 30- somethings who maxed out credit cards, took out massive college loans, bought too much house and new cars and are declaring bankruptcy.

[dashxdr]

>and are declaring bankruptcy.

I hope this trend continues. Excessive credit will bring the whole fiat currency / Federal Reserve / corrupt government US empire experiment down. I applaud young people milking the system this way. Bravo!

My parents are baby boomers. They are disgusting people. Everyone lately over 65 I've talked to is hopelessly delusional. The world will be better off without them.

The depth of my disgust for that sort of people is limitless.

[bondthewall]

the main driving force for monetary inflation in the US occurred during the 50's through the 80's ...by the time the current 20-30 year olds of today got into the mix they were forced to participate in a destroyed system with propaganda at every corner declaring " get that American dream!" deregulation (allowed by baby boomer captains of industry ) have allowed massive NINJA loans and leveraging of fake assets that have brought us to the present situation.

[Kashmir2000is]

You mut be very fond of Obamas plans for euthanasia of our elderly.

Many of your comments here are straight up sick, but you take the cake.

You are ONE year short of being a part of the baby boomers. But, by all means, lead the way.

BTW Look up the history of the elderly eskimos again, it really wasn't quite lie that.

[dashxdr]

>You are ONE year short of being a part of the baby boomers

Yes, and how old are you, might I ask?

You support a parasitic system that guarantees collapse, yet I'm the sick one. Hilarious.

[Kashmir2000is]

I support valuing all life. Unlike Obama and others such as yourself. Who the hell are you to tell others to die, that they are not worthy of living?

".....parasitic system" You sound like a Rothchild.

As for you lame thumbs down on my comment - whatever.

Done here.

[dashxdr]

>I support valuing all life.

Fine. So go work, earn money, and give it to the soon to be starving old people.

Or do you actually support the theft of wealth at gunpoint in order so you can feel good about yourself? Taxing the productive to support special interests?

I don't support harming anyone. You evidently consider it harm if I don't willingly slave for someone else. Shove your morals, they're sick and poorly thought out.

[vinayakaya]

In response to your question... The younger generation has to start taking responsibility for their parents and grandparents when they are in their final years. This is the way it was before nursing homes, social security and all these artificial systems made us think that someone else was supposed to take this responsibility. Poverty draws families closer together. If you spend some time in Mexico you will see what I mean.

[wwwjbcitycom]

Were at 9.7 and its going to get worse, it is funny how the government uses these stat numbers like were actually making progress.. guess I should start making my bug out kit.

[redmolotail]

Obama should appoint, before it all comes crashing down, a Reality Czar: DEMCAD!

Speech! Speech! Speech!

[hellsunicorn]

One thing that we should probably do is rethink the concept of retirement. Pensions are not necessarily a bad thing, but I think that too many people assume that you just stop being productive after you reach a certain age. Even an 80 year old can learn to use a computer.

[lelouisxv]

DEMCAD

Thankyou so much, watch you all the time from London.

[somezemos]

obamacare will take care of the elderly people dont you know! lol

[bsaorders]

Great video! Thank you for not blowing out my speakers with the loud music! The collapse is coming .. the elderly living in poverty will only increase. Sad to say!

[skyding8962]

Theyll just keep raising the tax limit on the rich to pay the baby boomers.

[wrathmaster]

nice