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10 Signs That The American People Are Starting To Freak Out About The Condition Of The Economy
Hawaii News Daily ^ | July 15, 2011 | Michael Snyder

Posted on 07/16/2011 3:58:48 PM PDT by Kartographer

All over America, restlessness and frustration are growing. It has now been almost three years since the great financial crash of 2008, and yet the U.S. economy is still a complete and total mess. In fact, there are all sorts of signs that things are about to get even worse, and the American people are just about fed up. Virtually every major poll, survey and measure of consumer confidence shows that the American people are becoming more pessimistic about the economy. Millions of hard working Americans that worked their fingers to the bone for their employers and that did everything “right” are sitting at home on their couches tonight staring blankly at the television. Many of them still have a hard time believing that they were laid off and that there is nobody out there that wants to give them a good job. There are millions of other Americans that won’t get much sleep tonight because they will spend much of the night rolling around in bed wondering how they are possibly going to be able to pay the mortgage. We have never faced such an extended economic downturn in modern U.S. history, and a lot of people are starting to freak out about the condition of the economy.

(Excerpt) Read more at hawaiinewsdaily.com ...


TOPICS:
KEYWORDS: bhoeconomy; bloat; buygold; buysilver; cw2; cwii; economy; getreadyhereitcomes; getyourhouseinorder; greatestdepression; greatestrecession; greatrecession; obama; obamadepression; obamanomics; preparedness; preparenow; prepperping; preppers; prepping; selfreliance; shtf; stockupandsave; survival; survivalism; survivalping; tshtf; urbansurvival
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To: maine-iac7
Gretchen Morgenson's latest book, Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon, tells about how who was responsible for the greatest economic disaster since the Great Depression. From what I saw in Morgenson's interview with Sean Hannity, this is the one that details who were the players in the disaster. I hope it will awaken more people in this nation about the fact that we have been robbed and many thrown out of their houses because of it. It is the campaign finance-policician money cycle that is the center of the problem. The politician gives favors to a campaign donor. The campaign donor encourages more favors with more campaign contributions. The politician turns his campaign war chest into a money market vehicle to profit from campaign contributions. It takes money to make money.
101 posted on 07/16/2011 6:56:30 PM PDT by jonrick46 (2012 can't come soon enough.)
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To: Harmless Teddy Bear

I helped a friend at a duress garage sale today (has to move in with parents - no job).

20 piece set of 24% lead crystal, import from Romania - sold for $15.

35 piece demitasse set, with 24k gold plate, beautiful, sold for $25.

A four drawer working file cabinet sold for $5.

We sold for three days and finally gave the stuff away or sold it for such rock bottom prices.


102 posted on 07/16/2011 6:56:30 PM PDT by Persevero (Homeschooling for Excellence since 1992)
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To: maine-iac7

You can spout off about how bad obama and the dems are if you want, and you’d be correct, but the GOP is just as bad in every respect. I can’t name 2 GOP politicians that have a pair. The few that know the right thing can’t find a way to get it done. I’m sick of hearing “well, if we control the Senate and/or the White House, things will change”.

Oh really? Nothing changed when Bush and the GOP controlled everything, not good change anyway. What makes anyone think things will be different the next time?

If they GOP controlled everything, they’d still worry only about reelection, which means they’d make no real cuts or change to govt.

Nothing will change until we either have a viable third party, or until people dust off their firearms and head to D.C.

It’s delusional to think elections will make a difference anymore, at least not with the two parties we have atm.


103 posted on 07/16/2011 6:57:12 PM PDT by Sporke (USS-Iowa BB-61)
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To: mad_as_he$$

“On a whim I stopped at a garage sale today. It was the “good” stuff from three ladies 40 years of diligent collecting. Made a killing on some sweet collectibles and guns that will only go up in value.”

See my post #102! I was one of those giving away today, virtually!

I also picked up a ton of wrapping paper for $1, good deals to be had today.


104 posted on 07/16/2011 7:00:45 PM PDT by Persevero (Homeschooling for Excellence since 1992)
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To: Sporke

Not many folks freaking out where I live. My Apt complex recently was approved for section 8 renters and I’ve noticed that they seem to be quite content. I never see them much when I’m leaving for work in the morning - but when I get home in the evening they are usually cooking out and having some beers. They do stay up really late and make a lot of noise (as well as messes)...but overall they don’t seem to be concerned about the national debt at all ;-)


105 posted on 07/16/2011 7:03:33 PM PDT by DJlaysitup
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To: Kartographer

This is just an observation but I have noticed more people discussing the economy and with strangers. For example, a woman just discussed this same subject the other day with me. We struck up a conversation at a grocery store over a sale item when she offered, “I can’t hardly afford to buy groceries anymore”. This has occured with me at many places and I have noticed an increase in the last few months. Just a thought.


106 posted on 07/16/2011 7:06:07 PM PDT by momtothree
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To: Harmless Teddy Bear
My husband used to supplement our income finding and selling collectibles.

My wife is doing this now with collectibles. She uses a local ebay "auction house" that sells internationally and takes care of everything including listing, shipping, etc. for a percentage of each sale. It's working out quite well so far. For many things, you can still get a pretty good price, even after the auction house cut, but only because most of the sales are from overseas where their socialist cancer is less advanced. But as you say, what happens when you run out of stuff to sell? The selloff of America to fund the socialist looting of Americans.

107 posted on 07/16/2011 7:06:12 PM PDT by MCH
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To: Kartographer

Time to get rid of EPA & all government agencies that are in our way. There are plenty of jobs to be had if we can just get their noises out of our business. Make sure Obama is voted out in 2012. I am so tired of carrying the Middle East & the United Nations. Time to cut them loose. Also time to rein in the welfare system. Tell them their days are numbered. Get with the program to earn your keep or you are cut off completely.


108 posted on 07/16/2011 7:06:35 PM PDT by Anna W
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To: DJlaysitup

Well, I have a cousin and he’s married, and both are on SSI, neither work and they seem gloriously happy with their lives. Their life is a constant road trip, with not a care in the world.

It must be nice living off of other peoples money....


109 posted on 07/16/2011 7:09:03 PM PDT by Sporke (USS-Iowa BB-61)
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To: babygene; Candor7

Did y’all happen to see this one yesterday?

Napolitano’s V.I.P.R. Vows to “Dominate,Intimidate and Control”the American People
http://www.freerepublic.com/focus/f-news/2749254/posts


110 posted on 07/16/2011 7:18:27 PM PDT by Bluebird Singing
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To: Sporke

“It must be nice living off of other peoples money....”

Yeah Sporke...the one thing that I have noticed is that there doesn’t seem to be any feeling of guilt on the part of these folks anymore. When I was a youngster we had a “housing project” in our small town, but it was thought of as somewhat shameful to live there and folks moved out as soon as they could get a job and a normal place. Nowadays it seems to be totally accepted. And the folks I’m talking about aren’t surviving on cheap hotdogs - they slow cook ribs and brisket all afternoon long. To be honest - they don’t seem to be evil people - they always smile and wave - even offer me a rib or two. They are just very comfortable with being able to live off of the dole. Getting a job just doesn’t seem to be a priority for them.


111 posted on 07/16/2011 7:23:25 PM PDT by DJlaysitup
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To: webstersII

Yes, but lets just think about the ten signs. America must not go whacko, which is my point.If we do as a nation we lose.There is nothing caffeinated about it. Read the current US Code Title 10 anti insurrection laws.

****************************

The Insurrection Act is old-fashioned and blunt, starting with its title. “At least we ought
to rename that; that’s a minimum,” implored Senate Armed Services Chairman John
Warner, R-Va., the one legislator to press consistently, and fruitlessly, for changes to
these laws. But the text itself stands out amid more-modern and more-modest sections of
the U.S. Code like a Viking warrior at a tea dance. Title 10, Section 331, of the
Insurrection Act simply permits the president to send federal troops to the aid of a state
government. Section 332, a little stronger, allows the president to send troops even
without the state’s invitation. Section 333 specifically authorizes federal intervention if
state authorities “fail or refuse” to protect the rights of any citizens group. These clauses,
Dycus said, “provide the president with all the authority he could ever want to use
military forces for law enforcement, quarantines, and so on.”
The only limit is a single sentence at the end — Title 10, Section 334 — that requires the
president first, before he uses the military, to publicly order any insurgents to disperse.
This one formality is critical, Dycus insists. Without this proclamation clause, the
president could delegate to some unelected official the Insurrection Act’s authority to
declare an emergency and to enforce the law with troops. Similarly, without the narrowly
tailored Posse Comitatus Act in place, any U.S. marshal could call in the troops even
when there was no emergency at all.

*******************************

§ 333. Interference with State and Federal law

The President, by using the militia or the armed forces, or both, or by any other means, shall take such measures as he considers necessary to suppress, in a State, any insurrection, domestic violence, unlawful combination, or conspiracy, if it—

(1) so hinders the execution of the laws of that State, and of the United States within the State, that any part or class of its people is deprived of a right, privilege, immunity, or protection named in the Constitution and secured by law, and the constituted authorities of that State are unable, fail, or refuse to protect that right, privilege, or immunity, or to give that protection; or

(2) opposes or obstructs the execution of the laws of the United States or impedes the course of justice under those laws.

In any situation covered by clause (1), the State shall be considered to have denied the equal protection of the laws secured by the Constitution.

http://www.law.cornell.edu/uscode/10/usc_sup_01_10_10_A_20_I_30_15.html

**************************

Arizona would be the first to get hit by Obama.


112 posted on 07/16/2011 7:37:07 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
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To: Pappy Smear; beaversmom
The difference the 89 is cheaper than 87 in Iowa is that it has lower state gas tax. Support the farmers and all by selling more ethanol blend, with lower taxes.

The difference is more likely that the "89" is ethanol and the "87" is not. Ethanol is subsidized at 45¢ per gallon from the federal government.

Explain to me why I should subsidize Iowa farmers at that rate.

113 posted on 07/16/2011 8:01:43 PM PDT by Graybeard58 (I not only know nothing, I don't even suspect anything.)
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To: AlexW
In the apartment complex where my brother lives (in Virgina), they've taken to posting notices by the doors of everyone who is in arrears in their rent. On these notices they provide a breakdown of how much is paid for "Section Eight" (govt subsidized) housing, and how much the renter contributes.

Apparently these Section Eight renters are only paying $40/month against $900/month in rent. The balance is paid by TAXPAYERS (aka "you and me").

Such a burden will quickly destroy any nation. ($860/month is a lot to pay for a couple of lousy votes if you ask me!)

114 posted on 07/16/2011 8:06:33 PM PDT by The Duke
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To: Kartographer

Bump.


115 posted on 07/16/2011 8:09:34 PM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
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To: Harmless Teddy Bear

Kartographer and I are working off of different thought processes but we’re in broad agreement that the US is moving toward a Argentina style collapse through cycles of hyperinflation and deflation.

One of the main points ‘Ferfal’ mentioned about his experiences in the Argentina collapse is that to this day, you can walk through the market districts of Buenos Aires and find many many antique shops all stuffed to the rafters with fine quality collectibles. The women sold off the heirlooms to keep the mouths fed. And now the government of Argentina telegraphs the currency strength to force people to spend Pesos in the retail economy to push consumer demand, just like Cash for Clunkers and the $8,000 first time home owners refunds.

In the end, only the farmers and ranchers in Argentina who specialize in exports have been able to keep a constant purchasing power parity.


116 posted on 07/16/2011 8:28:02 PM PDT by JerseyHighlander
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To: AlexW
I assume you are including social security, which is not a handout.

And now we get to the crux of the matter.

Despite what the politicians of both parties have told you it most assuredly is. And so is Medicare. Here is the sad reality.

The FICA and Medicare payroll taxes are just that, taxes. Like the income tax and the capital gains tax. They are not insurance premiums, payments on a pre-paid health plan or premiums on an annuity. They are just taxes. And the politicians have spent these tax revenues over the years just like they have spent the income and capital gains tax revenues.

And checks sent to Social Security recipients and Medicare beneficiaries are government expenditures just like buying aircraft carriers and giving food stamps to people. But way too many Americans have been duped into thinking otherwise. But the truth is now revealed because the revenues raised by the payroll taxes are now less than the expenditures necessary to cover the promises to the beneficiaries. This is a cold, hard fact. No amount of wanting, wishing, lying, anger or recriminations can change these facts.

So the Federal government is going to default. But it is not going to default on the bond holders. It is going to default on the middle class beneficiaries of Social Security and Medicare. There is no alternative.

117 posted on 07/16/2011 8:57:06 PM PDT by trek
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To: Candor7
Yes but those small arms were fully automatic weapons,and ordnance supplies for the destruction of armored vehicles were already in place. Do we as a people have that?It would be true we might fight, but it would not at all be easy unless we as a people had financial and military support from outside the Country.France, yet again?

First of all, God Forbid that we ever have another Civil War in this country.

secondly , you don't need fully automatic rifles at the start of guerilla operations. You need intel... eyes...everywhere. That's what guerilla warfare is all about...

you don't even need a rifle... you can use a knife or a pistol, or a car, truck, tractor, irrigation pipe, fence posts, telephone poles, mail boxes... all kinds of weapons that the guys with the baseball caps on backwards could jerry rig if need be, into a weapon. Heck look at what the cholos do with a car...electronics, hydralics, custom panelling. Let your imagination just follow the citizens finally having it out with the powers that be.

Civil War is the nasty stuff and Americans are really good at fighting...we're hard headed, brave and prideful.... we're not France.

to get automatic weapons just any lethal weapon to get close and kill someone with a rifle, then kill someone with an automatic rifle and there you are...

There are so many mini-14's and .223 rifles out there that making auto fire weapons would be a cottage industry.

Now you add this little book to the mix...

Total Resistance

Multiplied by all the guys that were Green Berets and Special operators who have "helped" set up asymmetrical battlefield units...well I'd suspect that "Don't ask, Don't tell" would be the very bottom of the military's priority list.

118 posted on 07/16/2011 9:03:28 PM PDT by Dick Vomer (democrats are like flies, whatever they don't eat, they sh#t on.)
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To: eaglestar
Someday this country will begin taking illegal immigration & the drive for cheap labor more seriously. The foreign labor force is destroying traditional salary/benefits structures in jobs that used to cover the cost of living.
______________________________________________________

1) Corporations are outsourcing jobs and bring cheap labor into this country.
2) Corporations are forcing salary people to work 50 - 60 hours a week and only pay for 40. There are no jobs to jump too, because the other corporations are doing the same thing.
3) Corporations survey jobs in your area and since they get together and “agree” not to pay more for a job, the salary does not go up.

Why would corporations hire new workers when the have “free” and very low cost labor? Free Capitalism is the best economy in the world, but we no longer have Free Capitalism in this country. The fix is in and all the rules have shifter to the giant Corporations.

119 posted on 07/16/2011 9:05:47 PM PDT by Plumres
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To: driftdiver

Just so you know if I had seen that I’d have kicked the living he’ll out of him.


120 posted on 07/16/2011 9:20:47 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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