Is this the Bottom? 31.8 Million on Food Stamps; 8.1% Unemployment

US unemployment rate jumps to 25-year high
•8.1% unemployment rate in February
•Lost 651,000 jobs
•We've lost over 600,000 each month for the third consecutive month
http://www.telegraph.co.uk/finance/economics/4949128/US-unemployment-rate-jum...

Record 31.8 million are on food stamps
•700,000 more people claimed food stamps in one month
•Perspective: The previous record for food stamp enrollment was 31.6 million last September, which included "disaster" stamps for states hit by hurricanes and floods.
•*I was on food stamps as an AmeriCorps VISTA.I was surprised to see how many people were on food stamps.
http://money.cnn.com/2009/03/05/news/economy/foodstamps.reut/index.htm?sectio...

BUDGET BACKLASH: Thousands Rally At City Hall
•Protestors are calling for "fair tax reform" -- raising state taxes for New Yorkers making $250,000 or more on top of the president's proposed hikes.
•50,000 On Hand For 'Rally For New York'
http://wcbstv.com/breakingnewsalerts/recession.budget.protest.2.951551.html

GM shares hit lowest point in 75 years
http://www.breitbart.com/article.php?id=D96OM9AO1&show_article=1

Why dont I like the Obama Stimulus Package?
•Ideological (increasing taxes will not raise revenue)
•Practical (we dont have the money)

Obama battles Limbaugh
•Media war with Limbaugh makes the President look petty
•Newsflash: The campaign is OVER!
http://thehill.com/leading-the-news/gibbs-knows-the-art-of-war-2009-03-05.html


Teenager kills herself after being teased for sexting
•Jesse Logan sent a nude photo to her boyfriend over a cellphone.
•They broke up and he sent it to everyone
•She hung herself.
http://www.msnbc.msn.com/id/29546030/

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[rollsthepaul]

The bottom will come no sooner than the end of 2010. These are the good times. There will be hunger riots. Also we are headed for some horrendous disasters of nature. Get your survival supplies, get your money out of the banks, get some gold, get at least 100 miles from the ocean. This whole mess is just getting started. Look for big changes by July and much greater deterioration by November. This is much,much more serious than most people realize.

[DEMCAD]

I agree. I think the worse is yet to come. I think hyperinflation will hit in the 3rd or 4th Quarter of 2010.

[torpedodropkick]

socialism is coming

[MainTightSqueeze]

8.1 is a super-conservative gov't figure. REAL unemployment, today on March 26, is probably more like 15 - 18 %. UNDERemployment is also an overlooked problem.

[btwall60]

Ok, anyone who wants to raise taxes on the "millionaires" is a dope and here's why, simply, THE RICH CAN MOVE OUT OF THE STATE THEY ARE IN. Did you get that? Loud and clear? They did the raise taxes/rich in Maryland a few years back&half of them moved 2 another State. Plus, Obama goes after Rush because O can't take anyone making an idiot out of him by telling the truth. O has his surrogates doing his work 4 him today cause Newt told the truth 47MILLION folks on FOOD STAMPS Y Mr. Obama why?

[btwall60]

@moralesq123

Why don't you pay attention to the man, you might learn something.

[jmata146]

you can apply food stamps clothes

and house just call the advocates the number 212-7700

[moralesq123]

are you fucken gay nigger!!

[anyname666]

Damn ! Demcad..

I was ready to jump all over your butt given the title of this vid. But YOU are one sensible guy. For a youngster you have kind of got it down. This is the first vid of yours that I have watched but you seem to GET IT. Stay in politics and you will go far. Raising taxes on the ones that make the country move is not the answer.

If you want to banter via message rather than in the comment box let me know. I would enjoy exchanging ideas.

[mcs32jr1968]

Excellent vid DEMCAD..Anyone ever consider that perhaps the economy may be DAMAGED BEYOND REPAIR? Perhaps we need an entirely new way of exchanging goods and services. I think traditional "cures" to faltering economies (tax breaks, cash infusion, etc) are not going to work this time. What are we going to do? By the way, I am currently unemployed in Los Angeles, like carlawon calls it "the belly of the beast." Excellent description. It is terrible here.

[moodyarts]

Thanks for your videos. I am so glad you got out of Flint. I will feel sorry for anyone in a densely populated urban area, when things really hit bottom!

[moodyarts]

At this rate, if you weren't on welfare before, you will be sooner or later.

[randont]

They're on the same team. Jessie Ventura said they're like pro wrestlers, in front of the crowd its all fight, but behind the scenes they shake hands and are best buds. These guys are as crooked as they come. It's all about the new world order and a one world gov't.

[carlawon]

wow you are in alaska? lucky man..im in los angeles ca.. the belly of the beast.. im scared to death.. i worry about my gf going to work... wish i could move. quick