Instead of Fixing the U.S. Economy or Creating Jobs for AMERICANS, Obama Will Spend The Money in Afghanistan and Iraq

America is in the most severe unemployment crisis since - and perhaps including - the Great Depression.

And yet Obama, like Bush, has done virtually nothing to create more jobs. Instead, they both gave trillions to the biggest banks (who are not loaning it out to the little guy) and for waging wars in Afghanistan and Iraq.

Obama is apparently escalating - not ending - the wars. And its not cheap.

According to the White House, the cost of deploying new soldiers to Afghanistan could be $1 million per soldier. Nobel prize winning economist Joseph Stiglitz says that the Iraq war will cost $3-5 trillion dollars.

As I have previously pointed out, protracted war increases unemployment, shrinks the economy, and causes recession.'

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The Critical Unraveling of U.S. Society

You may have missed it in the mainstream news media, but statistical societal indicators are reading red across the board. Before exposing the root causes of this breakdown, let’s look at some vital statistics and facts.'

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The Recipe for Disaster

Historically 25-30% unemployment is when things start to get real ugly. The only thing holding back the ugliness is the Social Safety Net available to those that are not presently able to generate an income. Food stamps, health care, housing allowances, unemployment benefits and other financial support from the State, is only available when our government can "borrow" the money to pay for them.

Many of these programs are state mandated. California, Michigan and other states are officially broke. They are cutting everything else, because they know what will happen once Social Services disappear.'

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Geithner Savaged On Unemployment During Fiery Capitol Hill Hearing

Congressman Michael Burgess scalded Treasury Secretary Tim Geithner during a fiery hearing on Capitol Hill this morning, telling the former New York Fed chief that he should never have been hired and demanding that the TARP program come to an abrupt end, shortly after GOP Rep. Kevin Brady had called on Geithner to resign.

“The public has lost all confidence in your ability to do the job,” Brady told Geithner during a heated Joint Economic Committee meeting, adding that he had failed to oversee an economic recovery before asking Geithner, “Will you step down from your post?” '

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Another Twist for the Unemployed: Debit Card Fees

If you're out of work like Steve Lippe, who was laid off from his job as a salesman in January, you know you already have problems. But looking at the fine print that came with his new unemployment debit card, he became livid.

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My First Experience Of The Jobcentre System - And My Last!

My last day at work was August 31. My contract at a school had expired and I was looking forward to a break. I'm 52 and have been working since June 4, 1973, a week before my 17th birthday. I felt I'd earned a rest.
My plan was simple: I'd enjoy what was left of the lousy summer, go cycling for a week in the Alps and, when I got back, start looking for another job.

It wouldn't be hard to find one, would it? How wrong I was.

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Use Cattle Prod On Unemployed, Says Australian Politician

An Australian politician has used his first speech to parliament to call for unemployed idlers to be stung with a cattle prod to get them to work.

John Williams, a former truck driver, shearer, farmer and small business owner who only took his place in the Senate on July 1, said he had seen many people living on employment benefits who were "determined not to work".

"They are simply getting a free ride on behalf of tax payers of Australia and it is about time they received a touch on the backside with a cattle prodder to get them off their butts and actually do some work," he said.

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The way things are going this might not seem such a stupid article!