thestatedtruth.com | November 30, 2012
Pretty stunning news…..and what does this mean, it means slow or no growth in the economy for many many years. Oh, and the chart below explains how much government assistance the baby boomers are reliant on, and it becomes worse with the working population slowing, not growing. The U.S. birthrate fell to a record low last year, coming in […]
Category: Charts and Graphs, Commentary, Economy, National News, Pensions and Retirement, Personal Net Worth, Tid Bits |
25 Comments »
Tags: Baby Boomers, Bad Seats, Declining Populaion, Higher Entitlments, Less Births
thestatedtruth.com | November 29, 2012
Yikes! A key stretch of the drought-ravaged Mississippi River may fall to a record low by mid-December, halting barge traffic and disrupting billions in commerce on the nation’s busiest inland waterway. President Obama on Tuesday was urged to declare an emergency so the U.S. Army Corps of Engineers can take steps to boost the river’s […]
Category: Commentary, National News, Weather |
11,657 Comments »
Tags: Drought, River, Water Levels, Wow
thestatedtruth.com | November 25, 2012
According to Business Week: Last year, for the first time ever, sales of adult diapers in Japan exceeded those for babies. Yep, we said you wouldn’t believe it!
Category: Commentary, Economy, Healthcare and Science, National News, Tid Bits, Wall Street |
11 Comments »
Tags: Adults, Diapers, japan, Old Population, retired
thestatedtruth.com | November 25, 2012
What is the #5 Internet website in the world. Hmm…. With 450 million monthly users, It’s Wikipedia We would never had guessed!
Category: Tid Bits |
2 Comments »
Tags: Interesting, tid bits, What? Nah
thestatedtruth.com | November 22, 2012
There are indications that union bosses are very perplexed at union workers over this decision…. Hostess will start selling off the rights to Twinkies, Ding Dongs and other baked brands after a federal bankruptcy judge on Wednesday approved its plan for an “orderly wind-down.” On Wednesday, the day before Thanksgiving, Hostess Chief Executive Gregory Rayburn […]
Category: Commentary, Economy, National News, Tid Bits |
2 Comments »
Tags: Agreeded, Bad Decision, Greed, Hostess, Lost Cause, No More, Union Workers
thestatedtruth.com | November 19, 2012
Cumberland Associates has this perspective about the world wide slippery economic situation, and failed post-retirement promises made to a trusting populace. Let us get back to the difference between the US and Europe. European peripheral countries waited too long. Now they cannot fund the promises that they made for retirement and post-retirement benefits, and so they have to […]
Category: Commentary, Economy, Finance, National News, Pensions and Retirement, Wall Street, World News |
3 Comments »
Tags: Cliff, Fiscal, government pensions, retirement, Riots, taxes
thestatedtruth.com | November 15, 2012
The U.S. Postal Service (USPS) uses $250 million per day to operate and had a total of 607,400 employees as of October. This was the lowest number of total employees for the non-profit ( loss-driven) government run entity since the 1960s! Perhaps more interesting (but not surprising) is that USPS employees peaked at over 900,000 back in 1999!
Category: Charts and Graphs, Commentary, Economy, National News |
49 Comments »
Tags: Envolopes, Letters, Mail, Post Office, Postal, Send, Service
thestatedtruth.com | November 15, 2012
This from Bruce Krasting: The Wall Street Journal reports this morning that President Obama is going to ask for $1.6T in new taxes when he speaks on Friday. The only way that this sized tax increase could be accomplished is if the AMT (Alternative Minimun Tax) is indexed to inflation and hits tens of millions of […]
Category: Commentary, Economy, National News, Outliers, Wall Street |
2 Comments »
Tags: Bruce Krasting, Gone, Hikes, Income, Money, Screwed, taxes, Wipeout
thestatedtruth.com | November 15, 2012
A wise old Owl sits and watches with ruffled feathers… Quotes for the day! “Education, n.: That which discloses to the wise and disguises from the foolish their lack of understanding.” — Ambrose Bierce “Education is an admirable thing, but it is well to remember from time to time that nothing that is worth […]
Category: Commentary, Education and Schooling, National News, Quote of the Day |
13 Comments »
Tags: Daily Quotes, He Said, Mentioned, More, Quotes, Said
thestatedtruth.com | November 13, 2012
This will change everything folks…….Growing supplies of crude oil extracted through new technologies including hydraulic fracturing of underground rock formations will transform the U.S. into the worlds largest producer of oil starting as early as 2017, the Paris-based adviser to 28 nations said in its annual World Energy Outlook. The U.S. met 83 percent of its energy needs […]
Category: Commentary, Economy, Oil and Nat Gas, Wall Street, World News |
5 Comments »
Tags: 2017, Barrels Of Oil, Drilling, New Technologies, Oil, Petroleum, Pumping, U.S.
thestatedtruth.com | November 10, 2012
The USDA delayed until Friday night its release of food stamp data for August. A quick glance at the number reveals 47.1 million recipients, which was a new all time record. The monthly increase of 420,947 from July was the biggest monthly increase since last year. www.zerohedge.com
Category: Charts and Graphs, Commentary, Economy, National News |
2 Comments »
Tags: Foof Stamps, Free, Gifts, Give Outs