37 Facts About How Cruel This
Economy Has Been To Millions
Of Desperate American Families
by: Global Research
Retired Air Force Colonel With Three Graduate Degrees Is Homeless And Sleeps In A Van.
"A measure of wheat for a penny [literally - denarius,
a Greek coin which represented a WHOLE DAYS
wages in the ancient world], and three measures of barley
for a penny; and see thou hurt not the oil and the wine."
(Rev. 6:6) [Please see our article, "Moving
Closer to a Financial Armageddon."]
The meaning of this lyric is that the condition of man
during this era (ie., the "end of days") will
be reduced to such that he will have to labor a whole
day simply to buy a loaf of bread or three measures of
barley. But the second part of the lyric [ie.,
"... and see thou hurt not the oil and the wine ..."]
means that the "hard times" of this period will not extend
to the elites. This is the common interpretation - the
one subscribed to by such authorities as Ryrie, Pentecost,
Ironside, Gaebelein, etc. [Please see our articles, "Two
Americas: One Poor, the Other Rich" and "The
Divergence of the Rich from the Poor."]
Nonetheless, so powerful is the desire for the "good
life" - even among Christians - that they are prone to
believe that somehow or other they will be able to "ride
out the storm" that Chossudovsky of Global Research and
other "TRUTH-TELLERS" are saying is soon
to descend upon them like the Valkyries.
In all of this, Christians are confronted with a choice:
- Believe what the government and one's own senses are
telling them: that everything will turn out okay, or,
at the very least, everything is okay for the time-being,
- Believe the Prophetic Scriptures and present yourself
as a lunatic in the eyes of the world.
THINGS ARE MUCH WORSE
THAN WE ARE BEING TOLD
[Please see our 2008 article, "THE
CRASH OF TODAY'S REAL ESTATE AND STOCK MARKETS
AND WHAT IT WILL INEVITABLY MEAN POLITICALLY."]
Things are much worse than we are being told insofar
as the economy is concerned. For example,
- The only reason that the
housing market has stabilized in recent years is because
an astonishing amount of foreclosed homes have been
kept off the market. The homes that have been foreclosed
on, but have been kept "out of the market" are known
as REOs or Real Estate Owned properties. In some localities,
REOs account for 90% of the housing supply. If these
properties were suddenly foisted on the market, housing
prices would plummet to depths that could not be imagined
by most. Very obviously, housing prices are an ARTIFICIAL
will-of-the-wisp "reality" that could vanish at any
moment, reducing housing values to zilch.
- The stock market is also
nothing more than an ARTIFICIAL reality, a reality
that is sustained only by infusing $57 billion a month
of ARTIFICIAL money into the economy –
mainly to the stock market. If this flow of ARTIFICIAL
money were to suddenly stop, the stock market would
crash, making what happened in 2008 and even in 1929
seem like miniature calamities in comparison.
- The unemployment rate is
much worse than we are being told. The fact is, the
REAL unemployment rate is worse than that of
the GREAT DEPRESSION. [Please
see our article, "THE
TRUTH ABOUT THE ECONOMY: Exposing the lies of the government."]
WHAT FOLLOWS IS IN A CERTAIN
RESPECT A "FOLLOW-ON" ARTICLE TO OUR LAST BANNER ARTICLE,
"Martial Law and the Economy:
Is Homeland Security Preparing for the Next Wall Street
It gives evidence of why the elites are so aggressively
preparing themselves for the institution of Martial Law.
BEGIN ARTICLE BY GLOBAL RESEARCH
Have you ever laid in bed awake at night with a knot in your
stomach because you didn't know how your family was possibly
going to make it through the next month financially? Have you
ever felt the desperation of not being able to provide the basic
necessities for your family even though you tried as hard as
you could? All over America tonight, there are millions of desperate
families that are being ripped apart by this economy. There
aren't nearly enough jobs, and millions of Americans that actually
do have jobs aren't making enough to even provide the basics
for their families.
When you have tried everything that you can think of and nothing
works, it can be absolutely soul crushing. Today, one of my
regular readers explained that he was not going to be online
for a while because his power had been turned off. He has been
out of work for quite a while, and eventually the money runs
out. Have you ever been there? If you have ever experienced
that moment, you know that it stays with you for the rest of
your life. If you are single that is bad enough, but when you
have to look into the eyes of your children and explain to them
why there won't be any dinner tonight or why they have to move
into a homeless shelter it can feel like someone has driven
a stake into your heart. In this article you will find a lot
of very shocking economic statistics. But please remember that
behind each statistic are the tragic stories of millions of
desperately hurting American families.
Over the past decade, things have steadily gotten worse for
American families no matter what our politicians have tried.
Poverty and government dependence continue to rise. The cost
of living continues to go up and incomes continue to go down.
It is truly frightening to think about what this country is
going to look like if current trends continue.
The following are 37 facts that show how cruel this economy
has been to millions of desperate American families...
- One recent survey discovered that 40 percent of all Americans
have $500 or less in savings.
- A different recent survey found that 28 percent of all Americans
do not have a single penny saved for emergencies.
- In the United States today, there are close to 10 million
households that do not have a single bank account. That number
has increased by about a million since 2009.
- 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.
- The number of Americans living in poverty has increased
by about 6 million over the past four years.
- Median household income has fallen for four years in a row.
Overall, it has declined by more than $4000 over the past
- 62 percent of middle class Americans say that they have
had to reduce household spending over the past year.
- According to a survey conducted by the Pew Research Center,
85 percent of middle class Americans say that it is more difficult
to maintain a middle class standard of living today than it
was 10 years ago.
- In the United States today, 77 percent of all Americans
are living to paycheck to paycheck at least some of the time.
- In the United States today, more than 41 percent of all
working age Americans are not working.
- Since January 2009, the "labor force" in the United States
has increased by 827,000, but "those not in the labor force"
has increased by 8,208,000. This is how they have gotten the
unemployment numbers to "come down".
- Sadly, 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.
- Today, about one out of every four workers in the United
States brings home wages that are at or below the federal
- Right now, the United States actually has a higher percentage
of workers doing low wage work than any other major industrialized
- At this point, less than 25 percent of all jobs in the United
States are "good jobs", and that number continues to shrink.
- 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.
- According to USA Today, many Americans have actually seen
their water bills triple over the past 12 years.
- Electricity bills in the United States have risen faster
than the overall rate of inflation for five years in a row.
- 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.
- Health insurance premiums rose faster than the overall rate
of inflation in 2011 and that is happening once again in 2012.
In fact, it has been happening for a very long time.
- According to one recent survey, approximately 10 percent
of all employers in the United States plan to drop health
coverage when key provisions of the new health care law kick
in less than two years from now.
- Back in 1983, the bottom 95 percent of all income earners had
62 cents of debt for every dollar that they earned. By 2007,
that figure had soared to $1.48.
- Total home mortgage debt in the United States is now about
5 times larger than it was just 20 years ago.
- Total consumer debt in the United States has risen by 1700
percent since 1971.
- Recently it was announced that total student loan debt in
the United States has passed the one trillion dollar mark.
- According to one recent survey, approximately one-third
of all Americans are not paying their bills on time at this
- Right now, approximately 25 million American adults are
living at home with their parents.
- The percentage of Americans that find that they are able
to retire when they reach retirement age continues to decline.
According to one new survey, 70 percent of middle class Americans
plan to work during retirement and 30 percent plan to work
until they are at least 80 years old.
- The U.S. economy lost more than 220,000 small businesses
during the recent recession.
- In 2010, the number of jobs created at new businesses in
the United States was less than half of what it was back in
the year 2000.
- Back in 2007, 19.2 percent of all American families had
a net worth of zero or less than zero. By 2010, that figure
had soared to 32.5 percent.
- 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.
- In the United States today, somewhere around 100 million
Americans are considered to be either "poor" or "near poor".
- In October 2008, 30.8 million Americans were on food stamps.
Today, 46.7 million Americans are on food stamps.
- Approximately one-fourth of all children in the United States
are enrolled in the food stamp program.
- 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.
- 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.
What makes all of this even more frightening is that many homeless
shelters and food banks around the nation are so overloaded
at this point that they are already over capacity. Just consider
"When Janice Coe, a homeless advocate in Loudoun County,
learned through her prayer group that a young woman was sleeping
in the New Carrollton Metro station with a toddler and a 2-month-old,
she sprang into action.
"Coe contacted the young woman and arranged for her to take
the train to Virginia, where she put the little family up
in a Comfort Suites hotel. Then Coe began calling shelters
to see who could take them.
"Despite several phone calls, she came up empty. Coe was
shocked to learn that many of the local shelters that cater
to families were full, including Good Shepherd Alliance, where
Coe was once director of social services.
"I don't know why nobody will take this girl in," Coe said.
"The baby still had a hospital bracelet on her wrist."
Keep in mind that Loudoun Country is smack dab in the middle
of one of the wealthiest areas of Virginia.
So if things are that bad in the wealthy areas, exactly how
bad are things getting in many of the poorer areas?
Unfortunately, things continue to get worse for this economy.
DuPont has just announced plans to eliminate 1,500 jobs. There
are more major layoff announcements almost every single day.
So how bad will things get when our crumbling economic system
finally collapses? When kind of chaos will be unleashed all
over the nation when millions upon millions of Americans finally
lose all hope?
In the introduction to this article, I mentioned that one of
my regular readers has had his lights turned off. The following
is how he described his situation...
"No gas, no water, no electricity at my house. Couldn't pay
the bills. I'm broke. Desperately searching for any means
of income, or at least enough cash to get the juice (electricity)
"Typing this missive in a dark house using the battery on
my laptop. Feels like I'm camping out at home. Hope to get
this situation fixed tomorrow... somehow. Needless to say,
I *.... hate this.
"I was ready for this, but it is still a major league inconvenience.
For those of you who DO have power, etc. – and are not
ready... oh brother. You need to get ready. Seriously, you
do. Because what I'm going through is just an inconvenience.
It may someday be a normal occurrence. Ugh. (expletives deleted)"
Brothers and sisters, in the light of all this, I urge you
to remember what true Christianity is all about; it's about
sharing ourselves and our resources unreservedly with our brothers
and sisters as the early church did in Jerusalem. [Please
see PART 2 of Chapter V of the New Antipas Papers,
AS THE COMMUNITY OF GOD."]
The Bible says:
"But whoso [of you] hath this world's good, and
seeth his brother have need, and shutteth up his bowels of
compassion from him, how dwelleth the love of God in him?
"My little children, let us not love in word, neither
in tongue; but in deed and in truth." (1 John 3:17-18)
"If a brother or sister be naked, and destitute
of daily food,
"And one of you say unto them, Depart in peace,
be ye warmed and filled; notwithstanding ye give them
not those things which are needful to the body; what doth
it profit?" (James 2:15-16)
this shall all men know that ye are my disciples, if
ye have love one to another." (John 13:35)
More next time.
God bless you all,
Have the courage of Sophie Scholl: Pass out our flyer, leave it in libraries, affix it to trees and posts, put it on the windshields of cars, especially those in church parking lots.
At the age of 21 Sophie was executed by guillotine after being convicted of high treason. Her crime was publishing some anti-war leaflets that were printed by the White Rose (a non-violent resistance group that encouraged people to passively resist the Nazis) in 1943 at Munich University. Eventually a copy of the leaflet made it out of Germany and millions of copies were made and then dropped by plane over parts of Germany. Its was re-entitled The Manifesto of Munich Students.
Do you possess the courage that Sophie possessed? ARE
YOU WILLING TO DOWN LOAD OUR FLYER AND PASS IT OUT?
[Please see our article, "We
Are Your Conscience: The White Rose Society."]
IN ADDITION, WE URGE YOU TO DOWNLOAD THE NEW ANTIPAS PAPERS,
PRINT THEM OUT YOURSELF, AND STUDY THEM CAREFULLY; SHARE THEM
WITH YOUR FRIENDS.
Once again, we URGE you to read (or
"AND EVERY ONE THAT WAS IN DISTRESS, AND EVERY ONE THAT WAS
IN DEBT, AND EVERY ONE THAT WAS DISCONTENTED, GATHERED
THEMSELVES UNTO HIM [IN ADULLUM'S CAVE]."
1 Sam. 21:14-22:2
Come fellowship with us.
We need your help to spread the word concerning Antipas Ministries and the
eschatological viewpoint it represents; WE NEED YOUR
HELP BECAUSE WE DO NOT "LINK" WITH OTHER SO-CALLED "CHRISTIAN"
WEBSITES which are, for the most part, "in the tank"
insofar as their loyalty to the United States is concerned
- a loyalty that has made them partners in the BLOODY
trail the American military has left in its TERROR-RIDDEN
rampage throughout the world, as well as making them partners
in the abject poverty that American corporations have
imposed on the peoples and nations the American military
machine has ravaged - A BLOODY, TERROR-RIDDEN RAMPAGE
THAT HAS TO A LARGE DEGREE BEEN CARRIED OUT IN THE NAME
OF THE "PRINCE OF PEACE." [Please see our articles,
"The Third World
as a Model for the New World Order," Inside
the American New World Order System" and "The
American Empire: The Corporate / Pentagon / CIA / Missionary
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