thestatedtruth.com | March 21, 2014
It’s no secret that the rich are only getting richer, and everyone else is heading the other way. At some point, the rich will sink their boat. Just a matter of time! So….The U.S. Income Gap has now soared to the widest gap since the “Roaring 20’s”. Yep, 10% of the population now make over 50% of all earned income! […]
Category: Charts and Graphs, Commentary, Economy, Interest Rates, Bonds, National News, World News |
13 Comments »
Tags: broke, Free Money, Home Cash Purchases, Income Gap, Insane, More, Poor Man, Real World, Rich, Roaring 20's Income Gap, The Real World
thestatedtruth.com | December 9, 2012
How about that! Just over a mind-boggling 50 million Americans are living in absolute poverty while collecting the $134.29 average monthly benefit per person. Here’s a fictitious account of how food stamp day might go……..No time to work just got hooked up for some free money, gotta go wait in that long food stamp line, it goes down the […]
Category: Charts and Graphs, Commentary, Economy, National News, Wall Street |
2 Comments »
Tags: Cash, food stamps, Free Money, Money, No Job, Unemployed
thestatedtruth.com | April 2, 2012
Foodstamp usage for January is virtually unchanged at 46.5 million recipients. The actual number of recipients declined by a whisper, while the number of households receiving some sort of benefit increased to a new record of 22.2 million. www.zerohedge.com
Category: Charts and Graphs, Commentary, Economy, National News, Tid Bits, Wall Street |
3 Comments »
Tags: entitlements, food stamps, Free Money, Hand Outs
thestatedtruth.com | March 19, 2012
Spend, spend spend…… The Federal Reserve Flow of Funds Report, issued two weeks ago, reveals the extent of the average mans plight : Forty percent of all credit card users do not pay-off their credit card every month and carry an average balance of $16,000 at an average interest rate of 15%. Total U.S. credit market […]
Category: Commentary, Economy, Finance, National News, Personal Net Worth, Wall Street, World News |
3 Comments »
Tags: debt, Decline, Foreclosed, Forgiven, Free Money
thestatedtruth.com | March 7, 2012
They got to be kidding….nope, consumer credit rose $17.8 billion in the latest monthly data, on expectations of $10.5 while non-revolving credit, i.e., auto and mostly student debt rose $20.723 billion and had the highest sequential jump in this category ever! Yes EVER! At the same time…after tax incomes fell for the second time in three months after adjustments, according […]
Category: Charts and Graphs, Commentary, Economy, Education and Schooling, National News |
44 Comments »
Tags: Borrowing, education, Free Money, Loans, Money, Students
thestatedtruth.com | March 2, 2012
As of December, per SNAP (Supplemental Nutrition Assistance Program) this number just hit another record high of 46.5 million, an increase of 384,000 in one month, an increase of 2.4 million for the year 2011 (about as many as have dropped out of the Labor force, hmmmm), and 14.3 million since Obama took office. The food stamp program, […]
Category: Charts and Graphs, Commentary, Economy, National News |
13 Comments »
Tags: Benifits, food stamps, Free Money, Work
thestatedtruth.com | January 27, 2012
Yep, that’s right, if you are a responsible paying citizen you get nothing, but as the The Three Stooges would say, a poke in the eye….we know, yes there are families that really need the help for legitimate reasons, but much of this involves a reward for greed, and irresponsible actions. Oh, how times have changed! The HAMP expansion, called HAMP […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Real Estate, Wall Street |
73 Comments »
Tags: Banks Fannie Mae, freddie mac, Free Money, HAMP, Real Estate
thestatedtruth.com | August 30, 2011
Da boys in the White House are working on a new giveaway to be presented after the Labor Day weekend. The word is, that it will highlight how to give real estate losers something for nothing (free monopoly money or casino chips) in an effort to turn around housing….kind of like magic. As you might guess, the banks aren’t so happy about […]
Category: Commentary, Economy, National News, Real Estate, Wall Street |
481 Comments »
Tags: Free Money, Giveaway, Real Estate
thestatedtruth.com | July 11, 2011
Government checks (handouts) are about to run out….. now what? According to Reuters: “Close to $2 of every $10 that went into Americans’ wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody’s Analytics.” And what lies ahead could be a major and very significant crisis […]
Category: Commentary, Commodities, Economy, National News |
681 Comments »
Tags: Free Money, Government Checks