thestatedtruth.com | April 6, 2010
This is quite a test for us, especially if you answer truthfully !How long will you live?This is pretty interesting. Watch the age prediction on the top left of the screen change as you answer the various questions. http://media.nmfn.com/flash/longevity-game/game.html
thestatedtruth.com | April 6, 2010
thestatedtruth.com | April 6, 2010
Demographics? Let’s look at the “age pyramid” for the United States. The following 2 charts from the National Institutes of Health shows that the population is aging: This graphic (courtesy of Ed Stephan) shows the U.S. age pyramid from from 1950 through 2050: male female Population of the United State  www.zerohedge.com
thestatedtruth.com | April 6, 2010
A DISCRETE BULL MARKET Gold’s major trend has been up for nine consecutive years, yet the investing public has barely begun to invest. It’s not well known that this bull market even exists. This in itself is bullish because it means the 375% gain over the last almost decade will be pale compared to the […]
thestatedtruth.com | April 5, 2010
By Phil Willon and Maeve Reston April 5, 2010 City Controller Wendy Greuel declares an ‘Urgent Financial Crisis’ and says the only way to continue paying bills in the short term is to begin draining the city’s already limited emergency reserve. Â The city’s top financial official issued a grim assessment of the escalating budget […]
thestatedtruth.com | April 5, 2010
During the past fifteen months, the Fed purchased $1.25 Trillion in MBS, which represented 80% of the mortgage market. Prior to this program, mortgage rates were above 6%. Now that the Fed program has ended, it’s reasonable to assume that mortgage rates will rise back towards those levels. Just How Much Money is $1.25 Trillion? […]
thestatedtruth.com | April 4, 2010
AP – This undated image released by the U.S. Air Force shows the X-37B spacecraft. By JOHN ANTCZAK,     Associated Press Writer John Antczak, Associated Press  Sat April 3, 2010                   Posted April 4, 2010 LOS ANGELES – After a decade of development, the Air Force this month plans to launch a robotic spacecraft resembling a small space […]
thestatedtruth.com | April 4, 2010
 Recent Earthquakes in California and Nevada —> Please visit our reorganized earthquake pages at – http://quake.usgs.gov/ <— including new CA-NV pages at – http://quake.usgs.gov/recenteqs/latest.htm Click on an earthquake on the above map for more information. Click on an arrow at edge or corner of above map to go to an adjacent map. Click here to […]
thestatedtruth.com | April 3, 2010
Is This a Recovery? First, we are in a nascent recovery from the depths of the Great Recession, but the question is “what kind of recovery?” Many suggest that we will see a typical recovery, like we have seen with every recession since World War II. As regular readers know, I don’t think we’ve gone […]
thestatedtruth.com | April 1, 2010
 $3.5 Billion In Outflows Year To Date The broader public, where the first baby boomers begin retiring this year, continues rotating out of equities and into the safety of bonds. The ICI just disclosed that fund flows for domestic equity mutual funds turned negative for the week of March 24 to the tune of almost […]
thestatedtruth.com | March 31, 2010
From The Wall Street Journal: At the root of governments’ problems today are promises made in past decades. As a group, state and local governments have promised an estimated $3.35 trillion in pension and health-care benefits to be paid over the next three decades, but are estimated to have 70% of the money to cover […]
thestatedtruth.com | March 31, 2010
 From The Wall Street Journal………………. Many private-company workers have seen their retirement accounts shrivel, while public-sector benefits have been relatively unscathed. Defined-contribution plans such as 401(k)s had $3.33 trillion in assets at the end of 2009, down 4% from $3.48 trillion in 2006, according to the Federal Reserve. Such accounts have lost value even […]
thestatedtruth.com | March 31, 2010
thestatedtruth.com | March 30, 2010
 By Dunstan McNichol March 30 (Bloomberg) — The two-year slide in tax collections that opened a $196 billion gap in U.S. state budgets has stopped, easing pressure on credit ratings and giving leeway to lawmakers as they craft spending plans for next year. The 15 largest states by population forecast a 3.9 percent gain […]
thestatedtruth.com | March 30, 2010
By David M. Levitt March 30 (Bloomberg) — Downtown Manhattan, where demand for office space began to surge three years after the 9/11 terrorist attacks, is about to lose its spot as the best- performing U.S. market. Vacancies may exceed 14 percent of the area’s 87 million square feet by late 2011, empty space that’s […]
thestatedtruth.com | March 29, 2010
thestatedtruth.com | March 29, 2010
Borrowing costs borne by Government increase dynamically as the cost of forward debt service jumps. As servicing debt consumes the bulk of the Federal budget, it becomes a crisis almost immediately. The bloating of Governmental services, help to the states, and concurrent reluctance on the part of major creditors, just adds to what is an […]
thestatedtruth.com | March 29, 2010
03/29/2010  “We have 3,500 nuclear weapons left over from the cold war we don’t need, they take 20 seconds to re-aim, we’re not afraid to use them, and by the way, they’re already aimed at you.†That is the approach James Baker III thinks America should take with Iran, Ronald Reagan’s Chief of Staff […]
thestatedtruth.com | March 29, 2010
thestatedtruth.com | March 29, 2010
The decline in the U.S. Â bee population, first observed in 2006, is continuing, a phenomenon that still baffles researchers and beekeepers.Data from the US Department of Agriculture show a 29 percent drop in beehives in 2009, following a 36 percent decline in 2008 and a 32 percent fall in 2007. This affects not only honey […]
thestatedtruth.com | March 26, 2010
Household Net Worth The typical household has a net worth of about $84,000, according to the Federal Reserve.  That’s down 30% since 2007, thanks to losses in stock portfolios and declining home values. For the 50% of families in the middle of the scale, household income ranges from $51,000 to $123,000 for a typical two-parent, […]
thestatedtruth.com | March 25, 2010
By John Gittelsohn  March 25 (Bloomberg) — More than half of U.S. borrowers who received loan modifications on delinquent mortgages defaulted again after nine months, according to a federal report. The re-default rate of loans modified in the first quarter of 2009 was 51.5 percent by the end of the year, the Office of […]
thestatedtruth.com | March 25, 2010
STEVE FORBES, Forbes.com “Fact and Comment†(3/25/10): Socialists believe that the way to paradise is for governments to own “the means of production.” Thus, decades ago even democratic countries such as France and Britain nationalized considerable swathes of their economies to achieve “social justice.” That didn’t work so well; therefore, since the days of Margaret […]
thestatedtruth.com | March 24, 2010
Gene Inger’s Daily Briefing . . . for Thursday March 25, 2010:  Good evening;  A looming trade war with China . . . superficially seems the least desirable tact, for both China and the United States. However, the trend has been building for a couple years now; as we’ve forewarned with respect to […]
thestatedtruth.com | March 23, 2010
 States Sue Over Healthcare Overhaul By Pat Wechsler  March 23 (Bloomberg) — President Barack Obama faces a fight over the health-care overhaul from states that sued today because the legislation’s expansion of Medicaid imposes a fiscal strain on their cash-strapped budgets. Florida, Texas and Pennsylvania are among 14 states that filed suit after […]
thestatedtruth.com | March 23, 2010
How the Middle Class Slowly Evaporated in the Last 40 Years – Loss of Manufacturing, Bank Deregulation, Hyper Consumption, and Short-term Profit Seeking from Wall Street. Posted: Tue, 23 Mar 2010 22:06:51 +0000 Some like to think that the middle class has always been a fixture of American society. In fact, the rise of a […]
thestatedtruth.com | March 22, 2010
States Rebel Against Washington The pushback against federal power began under Bush, but may now be accelerating. Atlanta There’s an old joke in South Carolina: Confederate President Jefferson Davis may have surrendered at the Burt-Stark mansion in Abbeville, S.C., in 1865, but the people of state Rep. Michael Pitts’s district never did. With revolutionary die-hards […]
thestatedtruth.com | March 22, 2010
I.M.F. Gives Debt Warning for the Wealthiest Nations BEIJING — The global economic crisis has left “deep scars†in the fiscal balances of the world’s advanced economies, which should begin to rein in spending next year as the recovery continues, the No. 2 official at the International Monetary Fund said on Sunday in Beijing. In […]
thestatedtruth.com | March 21, 2010
thestatedtruth.com | March 20, 2010
thestatedtruth.com | March 19, 2010
thestatedtruth.com | March 19, 2010
The current national average interest rate for credit cards is 14.56 percent yet they are offering clients who want to save 0.1% or even lower on their savings account. In business lingo this is what you call the margin and it is gigantic. This is why the banking system is fundamentally flawed. They borrow taxpayer […]
thestatedtruth.com | March 19, 2010
Saving and the restoration of the average family unit’s retirement coffers is what this is about. And in that case current and former officials should be encouraging building citizen savings; not just trying to return us as a nation to the irresponsible practices of the past, which would only help the Chinese economy more than […]
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