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Keyword: economicdisaster

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  • Four Days Before Election Day, Biden Claims He Is Closing Coal Mines. Are You Listening Pennsylvania?

    11/04/2022 7:46:33 PM PDT · by SeekAndFind · 55 replies
    PJ Media ^ | 11/04/2022 | Kevin Downey Jr.
    As if John Fetterman’s debate with Dr. Oz wasn’t enough of a campaign killer, Joe Biden announced today that he will be closing coal plants in favor of wind and solar power.Joe Biden just said that he’s going to shut down coal plants all over America and replace them with wind and solar.Retweet so every voter in Pennsylvania and Ohio will see this.pic.twitter.com/65BvGIqzVG— Ryan Fournier (@RyanAFournier) November 4, 2022Let’s see how that goes over with Pennsylvania voters, especially considering that Fetterman claimed a while back he is against fracking, although he flip-flopped when asked about this in the debate.What happens...
  • Bidenflation Crushed Workers in 2021: Three Worst Annual Real Wage Contractions on Record

    01/12/2022 2:44:40 PM PST · by rktman · 7 replies
    breitbart.com ^ | 1/12/2022 | John Carney
    Record high job openings and extremely low employment have not stopped workers from losing ground due to inflation running at a 39-year high, data from the Labor Department showed Wednesday. Real average hourly earnings–meaning, earnings after inflation–were down 2.4 percent, seasonally adjusted, from December 2020 to December 2021. The change in real average hourly earnings combined with no change in the average workweek resulted in a 2.3-percent decrease in real average weekly earnings over this period. Inflation-adjusted hourly wages for production and nonsupervisory workers fell 1.9 percent from December 2020 to December 2021. Weekly wages fell two percent. December’s year-over-year...
  • The evidence is clear: Democrats are pushing America toward economic disaster

    07/31/2021 12:21:10 AM PDT · by Sixgun Symphony · 20 replies
    Washington Examiner ^ | 7/30/2021 | Justin Haskins
    Many economists have rightly argued the main reason there are so many open jobs available today is that there are now too many COVID-related relief programs. These provide such substantial unemployment benefits to nondisabled workers they actually discourage the seeking of employment. Further, economists across the political spectrum — including Larry Summers, who served as director of the National Economic Council under President Barack Obama — have said that government and central bank programs are causing inflation and that additional spending could lead to an even greater, potentially catastrophic inflation spike. Rather than pursue policies to reduce inflation and encourage...
  • Shutdown: US ‘days’ from causing worldwide economic disaster, says World Bank

    10/13/2013 6:49:40 PM PDT · by Olog-hai · 80 replies
    Belfast Telegraph ^ | 13 October 2013 | Kashmira Gander
    The United States is just “days away” from causing a global economic disaster unless politicians devise a plan to raise the nation’s debt limit and avoid defaulting, the president of the World Bank has warned. … “We're now five days away from a very dangerous moment,” Jim Yong Kim said in a briefing on Saturday, then the 11th day of the crisis, following a meeting of the bank’s Development Committee in the US capital Washington DC. …
  • HHS opens new Obamacare hotline available in over 150 languages

    06/24/2013 2:37:28 PM PDT · by Sub-Driver · 9 replies
    HHS opens new Obamacare hotline available in over 150 languages Posted By Caroline May On 4:16 PM 06/24/2013 In Politics | No Comments The Obama administration Monday launched a 24-hour call center and new website to help assist consumers preparing and eventually sign up for health insurance under Obamacare. The call center will provide assistance in English, Spanish and more than 150 languages through and interpretation and translation service. The revamped website, Heathcare.gov, is also available in Spanish CuidadoDeSalud.gov. “The new website and toll-free number have a simple mission: to make sure every American who needs health coverage has the...
  • Gallup: 61% of Small Business “Worried” Over Healthcare Costs—30% Not Hiring, Fear Going OOB

    02/02/2013 9:54:34 AM PST · by Olog-hai · 20 replies
    Cybercast News Service ^ | January 31, 2013 | Patrick Burke
    Sixty-one percent of U.S. small business owners said they were “worried about the potential cost of healthcare” and 56 percent said they were “worried about new government regulations,” according to the Wells Fargo/Gallup small business index released on Jan. 31, which also showed that 30 percent of small business owners are not hiring and fear going out of business within a year. “At the bottom of the list, but still at a surprisingly high level, 30% of owners say they are not hiring because they are worried they may no longer be in business in 12 months,” according to Gallup’s...
  • Rep. Barney Frank won't seek re-election

    11/28/2011 7:01:32 AM PST · by Sub-Driver · 236 replies
    Rep. Barney Frank won't seek re-election Posted by CNN Wire Staff (CNN) - Massachusetts Congressman Barney Frank, a 16-term Democrat, will announce Monday he does not intend to seek re-election in 2012........
  • The Aug. 2 "Deadline" lie

    07/28/2011 6:07:27 PM PDT · by nandrew · 9 replies
    World Net Daily ^ | July 29, 2011 | Michael Master
    ... interest rates are too low and will increase. Obama is looking for an excuse for their increase and plans to blame it on how Republicans treated the debt limit. And when interest rates do increase, the stock market will fall. So will bonds prices. And so will housing sales. ... The Obama administration ... created an artificial date so they can blame an economic downturn on not increasing the debt. ... With or without a debt increase, the ratings of U.S. Treasuries will be decreased if government expenses are not cut and a budget is not produced – and...
  • Prepper Thoughts on Martial Law: VANITY

    06/12/2011 10:36:20 AM PDT · by dagogo redux · 55 replies
    6/12/11 | dagogo redux
    I am posting this vanity to take the pulse of fellow Freepers regarding the possibility of martial law being imposed, and your thoughts on the best way to react when it is. I’ve been something of a “prepper” for a few years now, watching history unfold and putting store by the truth of the old Boy Scout Motto. I’ve watched our imperfect US Constitution be easily subverted, but I have held fast to my faith in the much more fundamental Declaration of Independence. Preparedness, the “eternal vigilance” our Forefathers’ spoke of, has seemed a patriotic duty in these dark times....
  • Emergency Preparedness….Top Post-Collapse Barter Items And Trade Skills

    06/11/2011 3:46:44 PM PDT · by Kartographer · 310 replies
    randysright.wordpress.com ^ | 6/11/11 | randyedye
    In today’s “modern” globalist economy, we have relied upon centralized and highly manipulated trade, forced interdependency, senseless and undisciplined consumption, endless debt creation, welfare addiction, and the erosion of quality, as a means to sustain a system that ultimately is DESIGNED to erode our freedoms not to mention our ability to effectively take care of ourselves. We have been infantized by our financial environment. In the near future, those who wish to live beyond a meager staple of government handouts (if any are even given) will be required to make a 180 degree reversal from their current lifestyle of dependency...
  • How to survive a Depression today

    06/12/2011 8:42:06 AM PDT · by doug from upland · 46 replies
    How to survive a depression How to Survive A Depression Today Solutions On This Site - How To Survive A Depression A Global Depression Survival Store and Resource Site Many of us are wondering how to survive a depression today in 2010. Current global economies appear to be on a downward spiral and there is no end in sight. Everyday there's a new industry that is tanking. The key is to plan on how to survive a depression without anyone telling you that a depression is full swing. By the time they tell you it's a depression it will be...
  • ‘It can happen to you’

    06/13/2011 8:40:08 AM PDT · by Kartographer · 64 replies
    Chattanooga Times Free Press ^ | 6/13/11 | Mariann Martin
    Get a kit.” “Make a plan.” “Be informed.” For years, Evonne Richards had seen the signs and read the messages urging her to prepare for an emergency. A mother of four, she found it easy to push off the task. After all, the only threat that seemed likely in the landlocked 21 acres where the family had lived 27 years was a house fire. In September, she finally printed off the checklist from ready.gov. She stockpiled about 60 gallons of water in empty milk and juice containers, adding a dash of bleach to each. She bought a three-day supply of...
  • Ten Things Update: 2011

    06/10/2011 9:23:14 AM PDT · by Kartographer · 30 replies
    Market-Ticker ^ | 6/10/11 | Karl Denninger
    Be prepared to "shelter in place" or "bug out" as appropriate. "Wilding" events have already happened in some major cities. This is likely to spread if there is a "fiscal" or "monetary" accident and the "FSA" (free **** army) funds get cut off. These events could spread very quickly, and many large cities could go near-feral within days. You need to know what you're going to do about that if it happens. If you think it can't, you're wrong - it both can and might. Being prepared costs nothing. Being unprepared might cost you your life. Consider walking down the...
  • The Handling of the Economic Crisis May Lead to Civil Unrest

    06/09/2011 10:09:15 PM PDT · by Kartographer · 60 replies
    ZeroHedge.com ^ | 6/9/11 | George Washington
    Reality is beginning to break through. Gas and grocery prices are on the rise, home values are down, and vast majorities think the country is on the wrong track. The result is sadness and frustration, but also an inchoate rage more profound than the sign-waving political fury documented during the elections last fall. -SNIP- •Director of National Intelligence Dennis C. Blair said: "The global economic crisis ... already looms as the most serious one in decades, if not in centuries ... Economic crises increase the risk of regime-threatening instability if they are prolonged for a one- or two-year period," said...
  • Dealing with Our Coming Economic Disaster

    05/14/2011 9:23:12 AM PDT · by OwenKellogg · 153 replies
    American Thinker ^ | May 14, 2011 | Frank Ryan
    The situation in the United States has deteriorated and will continue to do so unless drastic action on our federal, state and local government deficits is taken. We need to trace what happens during an economic collapse. In preparation for a collapse here is what you can do personally to avoid being swept away by the tidal wave of fear, anxiety and trepidation. During the early stages of a nation collapsing economically, the debt of the nation swells almost uncontrollably. We, in the United States are already there. From the burgeoning debt loads come the setting for collapse. While the...
  • Congress Votes to Socialize Health Care in United States

    03/22/2010 1:44:50 AM PDT · by Cindy · 26 replies · 1,397+ views
    CNS NEWS.com ^ | Monday, March 22, 2010 | By Terence P. Jeffrey, Editor-in-Chief
    "Congress Votes to Socialize Health Care in United States" Monday, March 22, 2010 By Terence P. Jeffrey, Editor-in-Chief SNIPPET: "According to the CBO, by 2016, the cheapest family health care plan that Americans will be required to buy under the law will cost $12,000 per year. The average family plan will cost $15,200. A family of four making $88,201 per year—or more than 400 percent of the poverty level—will not receive any federal subsidy to purchase such a plan. They will pay taxes, however, to subsidize the health care purchases of people earning less than 400 percent of poverty. According...
  • Obama Lays out Formula for Economic Disaster at Copenhagen

    12/19/2009 12:01:03 AM PST · by myknowledge · 7 replies · 479+ views
    The Heritage Foundation ^ | December 18, 2009 | Nick Loris
    In his speech at the Copenhagen Climate Change Conference, President Obama told leaders from around the world that “the time for talk is over.” Obama pushed for all major economies to reduce greenhouse gas emissions but admitted some doubt as to whether a collective agreement would be reached. He could offer no concrete plans and nothing more than confidence that cap and trade legislation would be signed into law next year in the United States. While the focus of his speech was primarily on what actions the United States government was undertaking, he stressed that climate change should be addressed...
  • New York State Tax Revenues Slump 36%, Is New York The Next California?

    10/05/2009 11:14:55 AM PDT · by FromLori · 96 replies · 4,651+ views
    Zero Hedge ^ | 10/5/09
    New York State is quickly becoming the next California, as tax revenues drop 36% from 2008 levels, and a dejected governor expressing his frustration with policy measures that continue to not bear fruit. As a reminder the state most reliant on the financial sector, is struggling with a $2.1 billion budget deficit that is still looming despite tax increases, federal aid and spending cuts. New York State’s income tax revenue has dropped 36 percent from the same period in 2008, Governor David Paterson said, “frustrating” his attempt to close a projected $2.1 billion budget deficit. “We added personal income tax,...
  • It Wants Your Wallet! Beware the Cap and Trade Monster

    08/24/2009 10:42:24 AM PDT · by LikeLight · 30 replies · 1,072+ views
    Crosswalk.com ^ | 8/24/09 | Stephen Bloom
    Imagine an America where a gallon of gas costs you more than $7.00. An America where your electricity bills have doubled or tripled or worse. An America where our producers of goods and services are punished by crushing new fees, taxes, and regulations, causing prices to rise for everything you buy and costing you your job. And then imagine the rest of the world carrying on business as usual, smugly watching America's decline and fall from economic power. Now, try to imagine you're happy about all this. Seriously. Imagine this nightmarish new America is the fulfillment of your greatest dreams....
  • Obama’s White House is Falling Down

    06/11/2009 6:30:33 PM PDT · by preciousbabies · 40 replies · 2,363+ views
    canadafreepress.com ^ | Thursday, June 11, 2009 | By Daniel Greenfield
    In the sixth month of his presidency, Obama has turned an economic downturn into an economic disaster, taking over and trashing entire companies, and driving the nation deep into deficit spending expected to pass 10 trillion dollars. Abroad, Obama seems to have no other mode except to continue on with his endless campaign, confusing speechmaking with diplomacy. It is natural enough that Obama, who built his entire campaign on high profile public speeches reported on by an adoring press, understands how to do nothing else but that. Ego driven photo op appearances and clueless treatment of foreign dignitaries While the...