thestatedtruth.com | August 28, 2013
Print and send or forward this to your US Senator and US Congressman or Congresswoman! You can say www.TheStatedTruth.com sent you! THIRTY FIVE STATES SO FAR….AND IT’S GROWING Governors of 35 states have filed suit against the Federal Government for imposing unlawful burdens upon them. It only takes 38 (of the 50) States to convene […]
Category: Commentary, Inspirational, National News, Tid Bits, Uncategorized |
1 Comment »
Tags: congress, Forward This, Government Rules Are Different, Imposing, Pass It On, Pissed Off, Self Serving, Thirty Five States, Unlawful Burdens
thestatedtruth.com | August 25, 2013
The China plan would look to eventually back the Chinesse Renminbi currency with Gold, creating a direct trading challenge to the U.S. Dollar. Russia’s Putin has in the past hinted at something similar for the Russian Ruble! Chinese Gold Imports – China Imports 104 Tonnes of Gold in June China just imported 104 tonnes of […]
Category: Charts and Graphs, Commentary, Commodities, Economy, Finance, Gold and Silver, National News, National Security, Real Estate, Wall Street, World News |
2 Comments »
Tags: China, currency, dollar, gold, Renminbi, Ruble, Russia
thestatedtruth.com | August 25, 2013
Unbelievable! Ok, now we understand better why the commodity market is so unusually tame, especially the softs which have been weak all summer…By definition a soft commodity is a commodity such as coffee, cocoa, sugar, corn, wheat, soybean and fruit. This term generally refers to commodities that are grown, rather than mined, drilled for or raised such as animals. So […]
Category: Commentary, Commodities, National News, Outliers, Wall Street, Weather, World News |
23 Comments »
Tags: Hurricanes, None, weather, Wow, Zero, Zip
thestatedtruth.com | August 25, 2013
Sounds like an old Abbott and Costello routine? Who’s on first….. From K-N Al-Sabah, posted in the FT: Iran is backing Assad. Gulf states are against Assad! Assad is against Muslim Brotherhood. Muslim Brotherhood and Obama are against General Sisi. But Gulf states are pro Sisi! Which means they are against Muslim Brotherhood! Iran is pro […]
Category: Commentary, National News, National Security, Uncategorized, World News |
34 Comments »
Tags: Abbott and Costello, Middle East, News, No, war, World
thestatedtruth.com | August 23, 2013
So, it’s said by a number of Realtors that interest rate spikes don’t matter to home buyers….um, maybe they should rethink that idea? Yep, maybe rethink it twice! Purchases of new U.S. homes plunged in July by the most in more than three years while previous month saless were revised down. Housing in July showed that a […]
Category: Charts and Graphs, Commentary, Economy, Finance, Interest Rates, Bonds, National News, Real Estate, Research, Wall Street, World News |
1 Comment »
Tags: charts, Expectations, Home Builders, Housing 101, Median Home Sale Price, NAHB, New Home Sales, RE Sales, Re Think, Real Estate, Sales
thestatedtruth.com | August 18, 2013
The dreaded Hindenburg Omen continues through August 14….. For the 6th day in the last 8, the market has flashed a string of Hindenburg chart warnings that suggest that all is not well in a stock market considered by some to be “ government driven”. See our review of this several posts below, it will explain the Hindenberg Omen in detail.
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Personal Net Worth, Wall Street |
3 Comments »
Tags: Bad, Hindenberg Omen, Look Out, Wall Street
thestatedtruth.com | August 18, 2013
Things that make you wonder….and then question, how could this happen! 76% of Americans live paycheck to paycheck 27% of American have no savings at all 46% of Americans have less than $800 in savings The conversion of America into a part-time working society and the country’s second largest employer – a temp agency. The […]
Category: Commentary, Economy, Finance, National News, Personal Net Worth, Uncategorized, World News |
1 Comment »
Tags: Big News, College Loans, Jobs, Paycheck, Savings, Thing, Wondering
thestatedtruth.com | August 13, 2013
Why, you say…. It’s the dreaded Hindenburg Omen! “The Hindenburg Omen is a technical analysis that attempts to predict a forthcoming stock market crash. It is named after the Hindenburg disaster of May 6th 1937, during which the German zeppelin was destroyed in a sudden conflagration.” The Hindenburg Omen is not a guarantee of a […]
Category: Commentary, Commodities, Economy, Finance, National News, Personal Net Worth, Uncategorized, Wall Street |
1 Comment »
Tags: Bad, Crash, Disaster, Down, Hindenburg Omen, Stock Market Crash, Wipeout
thestatedtruth.com | August 8, 2013
Did you ever wonder just what LIBOR stands for…….well now you know! Until July 2012, the London Interbank Offered Rate (LIBOR) was the biggest little number that nobody outside finance understood, and yet it touched the lives of virtually everybody. LIBOR is an interest rate that gets calculated for ten currencies and fifteen borrowing periods […]
Category: Commentary, Economy, Interest Rates, Bonds, National News, Wall Street |
22 Comments »
Tags: banks, Big, Interest rates, LIBOR, London
thestatedtruth.com | August 6, 2013
There are 28 million Americans with federal student loans, 60%, or 17 million, don’t pay the U.S. government a single cent! Yep, nota, zippo, zero….not a penny!
Category: Charts and Graphs, Commentary, Economy, Education and Schooling, National News |
1 Comment »
Tags: broke, Default, Owed, Pay, Payment, Student, Student Debt, Student Loans
thestatedtruth.com | August 6, 2013
What this means is that money is not being circulated through the system, instead it is parked in things that don’t ecourage growth in the economy. Velocity of Money is now at all time lows. Here is how to explain it: The velocity of money (also called velocity of circulation and, much earlier, currency) is the average frequency with […]
Category: Charts and Graphs, Commentary, Economy, National News, Wall Street |
48 Comments »
Tags: circulation, Dead In The Water, Economy Growth, Money, Money Parked, Movement, Velocity
thestatedtruth.com | August 6, 2013
Reviewing the overall global trade activity, the Baltic Dry Index shows we remain in record low territory. The global economy is moving at stall speed…. www.kingworldnews.com
Category: Charts and Graphs, Commentary, Economy, National News, Wall Street, World News |
49 Comments »
Tags: Baltic Dry Index Chart, Economy, gdp, Growth, Slow Down
thestatedtruth.com | July 30, 2013
Never say things can’t get worse… Murphys Law says otherwise. According to the latest quarterly homeownership data released by the Census Bureau, the raw homeownership rate of 65.0% was unchanged from last quarter and 0.4% lower than a year ago. And on a seasonally adjusted basis the percentage of Americans who have a house declined […]
Category: Charts and Graphs, Commentary, Economy, National News, Real Estate |
1 Comment »
Tags: home ownership %, Real Estate, Record Rent Costs, Rentals, Rents, Rents Rising, Stggering Statistics
thestatedtruth.com | May 27, 2013
Here are some statistics that seem unbelievable….. An astounding 53 percent of all American workers make less than $30,000 a year. In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined. The six heirs of Wal-Mart founder Sam Walton have as much wealth […]
Category: Commentary, Economy, National News, Tid Bits, Uncategorized |
13 Comments »
Tags: Poor, Poverty, Rich, Stats, Unbelievable, Wealth, Wow
thestatedtruth.com | May 6, 2013
Hmm….Courtesy of our good friend Gene Inger. www.ingerletter.com
Category: Charts and Graphs, Commentary, Economy, Interest Rates, Bonds, National News, Real Estate |
160 Comments »
Tags: Fed, household income, Housing Costs, Inger, Prices, Real Estate, Values
thestatedtruth.com | April 30, 2013
The US Census Bureau reported earlier today that the US homeownership rates in the first quarter of 2013 dropped by 0.4% to a new 18 year low. It now sits at 65% which is it’s lowest rate since 1995! www.zerohedge.com
Category: Charts and Graphs, Commentary, Economy, Interest Rates, Bonds, National News, Real Estate, Wall Street |
3 Comments »
Tags: bank owned, Buy, home ownership %, Rael Estate, Repo, Shor tsale
thestatedtruth.com | April 23, 2013
It’s now a rich mans world, but it wasn’t always this way! As the Pew Research Center finds, during the first two years of the US economic ‘recovery’, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Wall Street |
1 Comment »
Tags: Money, More, Rich, stocks, Wealth
thestatedtruth.com | April 21, 2013
This is either a big Scoop, or a pile of Poop. Glenn Beck sounds off about his knowledge of a top security matter. In the chaotic timeline of events that took place after the Boston bombing, one story that circulated was that a Saudi National had been take into custody and labeled a “Person of […]
Category: Audio Clips, Commentary, National News, National Security, Video Clips |
1 Comment »
Tags: national security, Oh No, Poop, Scoop, Serious, Top Security
thestatedtruth.com | April 21, 2013
The U.S. GDP Will Be Revised Higher By $500 Billion Following Addition Of “Intangibles” To Economy Those who have been following the US debt to GDP ratio now that the US officially does not have a debt ceiling indefinitely, may have had the occasional panic attack seeing how this country’s leverage ratio is rapidly approaching […]
Category: Charts and Graphs, Commentary, Economy, National News, Uncategorized, Wall Street |
23 Comments »
Tags: Economy, gdp, Intangibles, Revised, Rigged, System, Wall Street, Whopper
thestatedtruth.com | April 20, 2013
Oh how things have changed over the last 101 years…… In 1912 the infamous Titanic was the biggest ship in the world. See this clever image, comparing the 46,000-ton Titanic to the biggest liner afloat today, the 225,000-ton, Allure of the Seas of Royal Caribbean.
Category: Commentary, National News, Pictures, Tid Bits |
52 Comments »
Tags: Floating, Largest Ship, Ocean, Ships, Titanic, Water
thestatedtruth.com | March 12, 2013
Hmm…This from the very successful Kyle Bass We are right back there! The brevity of financial memory is about two years. I don’t get paid to be an optimist, I don’t get paid to be pessimist, I get paid to be a realist – and a prudent fiduciary of the capital, and then if i […]
Category: Commentary, Economy, Finance, National News, Pensions and Retirement, Personal Net Worth, Wall Street |
2 Comments »
Tags: Busted Out, High Risk, Kyle Bass, Realist, Ride'm Cowboy, Risk
thestatedtruth.com | March 10, 2013
Amazing things are happening in technology…… The Samsung S4 launch will be on Wednesday Rumoured features include wireless charging and ‘eye scroll’ screen The iPhone may face its biggest challenge for supremacy in the smartphone market this week with the launch of the new Samsung Galaxy. In what has been described by some as the most eagerly […]
Category: Commentary, Inspirational, National News, Research, Technology, Tid Bits, Uncategorized, Wall Street |
2 Comments »
Tags: Apple Worm, Cell, cell phones, Eye Control, High Tech, Launch, Magic, New Launch;Samsung;Worm, Phones, Technoligy
thestatedtruth.com | March 8, 2013
Here are the key words from below: Two categories of spending represent 12.5% of all discretionary spending. These costs go up when the economy is weak, they have never, repeat never declined. Consider just these two components of the discretionary spending budget; (1) Food Stamps, and (2) the Earned Income and Child Credits. 1) Food Stamps cost the government […]
Category: Commentary, Economy, National News, Pensions and Retirement, Personal Net Worth, Uncategorized |
1 Comment »
Tags: Economy, Food, food stamps, Free, Gifts, Giveaway, Government, spending, Stamps
thestatedtruth.com | March 8, 2013
Hmm….the average working age person has only about $79,651 saved up for retirement. That works out to about $416 per mounth of retirement payout if retiring at age 62. ICI recently released their retirement plan data through Q3 of 2012. The chart of the day shows the real (inflation adjusted) total retirement market assets per working age citizen […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Pensions and Retirement, Personal Net Worth, Wall Street |
48 Comments »
Tags: Data, Money, Payouts Assets Chart of the Day, retirement, Saved
thestatedtruth.com | March 3, 2013
So…… A New Study Shows 59% of “Tuna” Sold in the U.S. Isn’t Tuna The non-profit group Oceana took samples of 1,215 fish sold in the U.S. and genetic tests found that that 59% of those labeled tuna were mislabeled. It seems that “white tuna” should be avoided in particular as “84% of fish samples […]
Category: Commentary, Commodities, Healthcare and Science, National News, Tid Bits, Uncategorized |
31 Comments »
Tags: Charlie, Fishy, Oceans, Something Fishy, Tuna
thestatedtruth.com | March 1, 2013
How do we define austerity? Quit simply we think it means that out into the future… “we’re all going to be poorer”. This sets up a bad game, and looking at the view of the field, it really doesn’t look anything like the ticket they sold us……more specifically, we have “bad seats, hey buddy…front row behind a pole, and we just sat […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Pensions and Retirement, Personal Net Worth, Tid Bits, Wall Street, World News |
23 Comments »
Tags: austerity, Bad Seats Hey Buddy, Blocked View, Confidence, Free Everything, Government money, Nails, Poles, Purchasing Power, Saving Rate, Savings Rate
thestatedtruth.com | February 27, 2013
In some cases, a picture is worth a thousand words….in this case, we’re in the trillions. www.jsmineset.com
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Wall Street, World News |
3 Comments »
Tags: Budget Cuts, Federal Spending, politics, Trillions, Yep
thestatedtruth.com | February 27, 2013
What a nightmare…..We spend almost 20% of our gross domestic product on health care in the U.S., and that figure continues to climb. In the U.S., people spend almost 20% of the gross domestic product on health care, compared with about half that in most developed countries. Yet in every measurable way, the results our […]
Category: Commentary, Economy, Healthcare and Science, National News |
14 Comments »
Tags: health, healthcare, Medical, spending
thestatedtruth.com | February 20, 2013
Interesting tid bit’s….. Pennies and nickels have cost more than their face value to mint since 2006……and Since 2012, the penny has cost almost 2 cents to make and the nickel more than 10 cents, according to the U.S. Mint’s annual report released in January. Those prices have almost doubled over the past seven years. But if you […]
Category: Commentary, Gold and Silver, National News, Uncategorized |
1 Comment »
Tags: Cents 5 Cents, Money, Nickels, Penney For Your Thought
thestatedtruth.com | January 13, 2013
10,000 Boomers turn 65 years old every day. Here is how it looks on a chart. Empty nut shells piled high for the old folks…. These costs will be exceeding $1 trillion per year in the near future. Meanwhile, the number of workers per retiree will continue to fall as it has for decades. In 1945 there were […]
Category: Charts and Graphs, Commentary, Economy, National News, Pensions and Retirement, Personal Net Worth, Pictures |
6 Comments »
Tags: broke, Facts, Nut Shells, pensions, Piles, Review, Social Security Charts
thestatedtruth.com | January 13, 2013
Here are some interesting numbers on life expectancy from different countries around the world….2007 being the most recent data used in a number of studies.
Category: Charts and Graphs, Commentary, Healthcare and Science, National News |
49 Comments »
Tags: Elderly, Life Expectancy, Life Spans, Living Long, longivity, Old Age, Old Folks, retired
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 | 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 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