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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on October 19, 2011, 07:56:30 PM
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http://www.cnbc.com/id/44962589
Wow!
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Socialist success!
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Socialist success!
That is a real scary story. Again , unless we do a 180 quick - we are heading off the cliff.
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That is a real scary story. Again , unless we do a 180 quick - we are heading off the cliff.
Not according to the left. They'll tell you we can spend our way out of this.
YOU MUST PASS THIS BILL!
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Not according to the left. They'll tell you we can spend our way out of this.
YOU MUST PASS THIS BILL!
How can anyone still defend this?
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How can anyone still defend this?
People are stupid.
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People are stupid.
Warned everyone from day 1 what was coming. even the broker I deal w who voted for this asshole recently admitted that he thought I was crazy for my views early on and is now scared to death.
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Warned everyone from day 1 what was coming. even the broker I deal w who voted for this asshole recently admitted that he thought I was crazy for my views early on and is now scared to death.
This country won't survive an Obama reelection.
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http://www.cnbc.com/id/44962589
Wow!
good article. Yea, I'm sure I'm not the only person who's seen their income drop like hell. Prices going up all along... It fucking sucks... I've definitely gone from the person who didn't give a crap about spending 300 bucks per month on starbucks to brewing my own coffee lol!!!
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good article. Yea, I'm sure I'm not the only person who's seen their income drop like hell. Prices going up all along... It fucking sucks... I've definitely gone from the person who didn't give a crap about spending 300 bucks per month on starbucks to brewing my own coffee lol!!!
My costs are going up like crazy too! E O insurance jumping despite no claims, taxes on building skyrocketing, A R is getting a pain in the ass, clients are in tough spot, etc etc
Me personally? I have tons of work and am busy as hell, but cash flow sucks! Getting people to pay lately has been unreal.
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More suburban, middle class slide into poverty
Chicago Sun-Times ^ | Updated: October 24, 2011 6:23AM | Francine Knowles
Fourteen months ago, Aurora resident Prentiss Bailey was going about happily living his life as usual.
He was employed at a printing company where he’d worked for 10 years—a job that paid $17 an hour and that with the consistent overtime and $4,000 and $5,000 annual Christmas bonuses he got, enabled him to take care of his family and enjoy what he considered a middle income life.
Today, he and his 10-year–old daughter live in a homeless shelter.
So does 33-year-old Robert Estes, also of Aurora.
They’re among the nearly 193,000 people who’ve been added to the ranks of the poor in Illinois since the Great Recession began and among the nearly 440,000 that have been added since 1999, bringing the state total to 1.73 million, according to the latest 2010 Census data.
The numbers reflect many newly poor people like Bailey, who previously held good paying full-time jobs that were cut; and folks like Estes, who was low-income, but had heretofore been able to make ends met. Both are now left unable to support themselves and their families without help from social service agencies and non-profits—among many people in that same boat.
The latest Census numbers also paint a picture of poverty that continues to spread beyond urban areas to suburban communities in Chicago and across the country that are ill equipped to handle the growing population of poor.
“I had a job; we had what we needed,” said Bailey, as he sat inside the Hesed House shelter in Aurora where he now resides.“I was able to pay my rent. We were middle class.”
That was before he was laid off 13 months ago.
“Now there’s a lack of opportunity, a lack of jobs,” he said. “I didn’t think it would be this hard finding another job.”
Bailey, who for the first time in his life is receiving public aid, has lived at the shelter for about five months. Initially, he and his daughter slept on mattresses in a gymnasium-like room with others. Now the two share a small room in the transitional housing section of the shelter furnished with bunk beds.
“It was hard at first, but I’m glad I took that step,” he said, noting he’s receiving guidance on getting back on his feet from a case worker at Hesed House. He plans to enroll in truck driver training program to improve his prospects of landing work.
Estes, who’s been at the shelter for about six weeks, says after losing his $12.50-an-hour job at a local grocery store where he’d worked for two years, he hasn’t yet been able to find another one.
The economy is “pretty horrible,” he said. “You have people here of all ages that are struggling. Some people tell me how they used to make $20 bucks an hour, $25 bucks an hour. Now they’re here. Nobody wants to hire them.
“I always had my own place, my own car, bought my own food,” he said. “I was making it paycheck to paycheck. Then this happened, and it’s like a slap in the face. I’ve been working and paying taxes my whole life, and now all of a sudden I can barely get into the door for an interview. I’m a strong guy. I can work. I know I don’t belong here.”
The shelter sits next door to the Aurora Area Interfaith Food Pantry, where on a recent Monday morning the parking lot was packed as people arrived seeking food.
“When I first started here in ’08, if we had 80 families, 90 families come in one distribution day, that was a big day,” said Marilyn Weisner, executive director of the pantry. “Now we have routinely 260, 280 families come,” said Marilyn Weisner, executive director of the pantry.
“One of the things that we’ve noticed is the family sizes have increased. We’re wondering if people aren’t moving in together because they’re struggling to survive.”
Census data suggests that is occurring. The bureau recently noted the poverty rate among young adults ages 25 to 34 living with their parents nationally was 8.4 percent, but that rate would be 45.3 percent if the poverty level was determined by their own income.
“We often hear, ‘I lost my job or my husband lost his job, my daughter lost her job and now she’s moved in with me and now I need some extra help,’” Weisner said.
Catholic Charities of the Archdiocese of Chicago Chief Executive Officer Monsignor Michael Boland said among trends he has observed among the clients the group assists are “a lot more people coming today who have never come before to Catholic Charities or to a social service agency, people that are unemployed, underemployed. I think the recession has really hit a lot of people who were probably doing okay, but now are put below the poverty line. People are coming to us for emergency assistance, food, shelter, clothes. The numbers are extraordinary.”
At the Christian Outreach of Lutherans Food Pantry in Waukegan and Ingleside in Lake County, pantry operations manager Gayle Olson said she’s seeing more “people that don’t know where to go, how to get help, people that had been employed all their lives and now they can’t find a job and they don’t know how to get the resources they need like food stamps and medical coverage for their children, or help with the mortgage, rent or utilities.”
Many of the clients receiving help through Chicago-based Heartland Human Care Services’ Homeless Prevention and Rapid Re-Housing program in Chicago “in the past, they had their own social safety networks of family and friends they could turn to for help if they fell on hard times,” said Lisa Mayse-Lillig, Heartland’s director of housing services. “Those things just have been exhausted for a lot of households because everyone is on hard times.”
Social service providers say they have seen dramatic increases in requests for help from the growing number of poor in Chicago’s suburbs.
New census data shows the rate of poverty in Chicago rose 2.9 percent from 1999 to 2010. In Chicago’s suburbs, it rose a bigger 3.7 percent.
The poverty rate, stood at 21.2 percent in Chicago 2006, the year before the recession began, but climbed to 22.5 percent last year. By comparison, in the suburbs, the rate rose from 7.3 percent to 9.3 percent.
Boland noted Catholic Charities has seen requests for food in some Chicago suburbs rise anywhere from 110 to 150 percent, compared to about 25 percent in Chicago.
A Brookings Institute poverty study released last year by University of Chicago researchers looking at 30 Chicago suburbs found most of those suburbs experienced more than 50 percent increases in the number of poor from 2000 to 2008.
The study also found that few suburban communities have the social services infrastructure in place to address the challenges of poverty.
The rise in poverty in Illinois and nationally can’t simply be attributed to the recent recession, said Amy Terpstra, associate director of the Social Impact Research Center at Heartland Alliance said. She noted poverty rates have risen significantly since 1999 as median household incomes have dropped and added the poverty numbers include people who work full-time, year-round, but are still poor. The drop in income is affecting the poor, and middle-income families.
The U.S. Census Bureau sets the poverty level as:
†One individual: $11,344
†Two adults: $14,602
†Two adults and one child: $17,552
†Two adults and two children: $22,113
Source: U.S. Census Bureau
An analysis of Census data done by the center shows that in Cook County, the median household income last year was $51,466, down $8,625 from 1999 and down $3,351 from 2006. In DuPage County, the median was $72,471, down $16,362 from 1999 and down $7,203 from 2006. In Lake County, it was $74,705, down $12,932 from 1999 and down $6,583 from 2006.
“That really points to a job quality issue,” Terpstra said. “We’re seeing the impact of job loss in the numbers, changes in our economy that have led to less stable and fewer good paying jobs.”
Many more people are in poverty “or just above poverty, not officially poor but still struggling with low income due to job loss, but not just a straight out job loss,” she added. “We’re seeing the effects of hours decline, people having to take part-time jobs instead of a full-time job because full-time jobs aren’t available. You see all of that stuff play out with this new data.”
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hhhmmmmmm? What happened 14 months ago? Anyone anyone anyone?
Oh, and I'll bet this fool voted for Obama too and cheered on obamaCare as well.
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My costs are going up like crazy too! E O insurance jumping despite no claims, taxes on building skyrocketing, A R is getting a pain in the ass, clients are in tough spot, etc etc
Me personally? I have tons of work and am busy as hell, but cash flow sucks! Getting people to pay lately has been unreal.
So you do tons of work are busy as hell but no cash? Have you ever considered you just suck at your job ???
What the free market is telling you is to shut down your business and let somebody CAPABLE take over. You just cant cope in our modern society.
Some people are meant to succed in a capitalist society you just dont have what it takes. Say hello to the welfare line hombre
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So you do tons of work are busy as hell but no cash? Have you ever considered you just suck at your job ???
What the free market is telling you is to shut down your business and let somebody CAPABLE take over. You just cant cope in our modern society.
Some people are meant to succed in a capitalist society you just dont have what it takes. Say hello to the welfare line hombre
::) ::)
LMFAO blacken. Have you ever heard of Accounts Receivable?
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::) ::)
LMFAO blacken. Have you ever heard of Accounts Receivable?
;D
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My costs are going up like crazy too! E O insurance jumping despite no claims, taxes on building skyrocketing, A R is getting a pain in the ass, clients are in tough spot, etc etc
Me personally? I have tons of work and am busy as hell, but cash flow sucks! Getting people to pay lately has been unreal.
i am in exactly the same boat. billings have stayed steady but collecting on my A/R has been ridiculous for the past 7-8 months.
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So you do tons of work are busy as hell but no cash? Have you ever considered you just suck at your job ???
What the free market is telling you is to shut down your business and let somebody CAPABLE take over. You just cant cope in our modern society.
Some people are meant to succed in a capitalist society you just dont have what it takes. Say hello to the welfare line hombre
oh christ.
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oh christ.
Welcome to the mind of the typical liberal.
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So you do tons of work are busy as hell but no cash? Have you ever considered you just suck at your job ???
What the free market is telling you is to shut down your business and let somebody CAPABLE take over. You just cant cope in our modern society.
Some people are meant to succed in a capitalist society you just dont have what it takes. Say hello to the welfare line hombre
You must be a billionaire. Stupid twat.
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>:(
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Obama's new Mortgage program is just another bank bailout---and....
you can only get the assistance if you never missed a mortgage payment----and--- it doesn't do anything about negative equity.
WASHINGTON -- The Obama administration is introducing a new program on Monday designed to lower monthly mortgage payments for more troubled homeowners.
But a key new condition in the plan would shift the financial liability for refinanced loans from Wall Street banks to the American taxpayer. And by focusing on lower payments, the program does not confront what housing experts view as the core problem in the foreclosure crisis -- borrower debt that exceeds the value of one's home.
Faced with the weak response to the Home Affordable Refinance Program, the Obama administration is planning to open up the program to all borrowers who owe more on their mortgage than their homes' worth, commonly dubbed being underwater, and have not missed a mortgage payment. HARP had been limited to borrowers who owed up to 25 percent more than their home is worth. More than 22 percent of all home mortgages -- or 10.9 million homes -- are currently underwater, according to CoreLogic data. Fewer than 900,000 borrowers have elected to go through HARP to date.
The revised program also eliminates several fees associated with refinancing that can make the decision to refinance uneconomical for borrowers. But the potential benefit of the eliminated fees could be relatively small: If a few thousand dollars worth of fees made refinancing a bad deal for underwater borrowers, the ultimate benefits that refinancing can pose would remain limited.
On a conference call with reporters, White House National Economic Council Director Gene Sperling referred to the HARP expansion as "a win-win policy" that will result in "less defaults" and "fewer foreclosures." But one of the program's new terms will benefit private-sector Wall Street banks, potentially at the expense of taxpayers.
http://www.huffingtonpost.com/2011/10/24/foreclosure-pl...
What a fucking scam. Does he think he is fooling anyone other than Straw, 240, Andre, and blackass? Oh yeah - vince too.
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I really don't see how he recovers from how poorly the economy is doing. It's similar to what Bush Sr. faced, but worse.
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I really don't see how he recovers from how poorly the economy is doing. It's similar to what Bush Sr. faced, but worse.
http://www.huffingtonpost.com/2011/10/24/foreclosure-plan-obama-harp-refinancing_n_1028554.html
Check out the moonbats at HP blaming the GOP for Obama's newest failed bankster scam.
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People areI am stupid.
FIXED FOR THE OBVIOUS TRUTH
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good article. Yea, I'm sure I'm not the only person who's seen their income drop like hell. Prices going up all along... It fucking sucks... I've definitely gone from the person who didn't give a crap about spending 300 bucks per month on starbucks to brewing my own coffee lol!!!
$300 bucks a month on Starbucks???...are you mad???
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http://www.huffingtonpost.com/2011/10/24/foreclosure-plan-obama-harp-refinancing_n_1028554.html
Check out the moonbats at HP blaming the GOP for Obama's newest failed bankster scam.
He's a disaster.
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I really don't see how he recovers from how poorly the economy is doing. It's similar to what Bush Sr. faced, but worse.
Bush1 would have won in a cakewalk, if not for Perot.
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You must be a billionaire. Stupid twat.
What ???
Its the free market you people cant hack it you should get out of business and let capable people takeover
You preach this everyday so whats the problem?
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What ???
Its the free market you people cant hack it you should get out of business and let capable people takeover
You preach this everyday so whats the problem?
we were discussing the difficulties that small business owners are having collecting their accounts receivable. has nothing to do with being capable of anything. i don't get your angle here. i'm pretty sure you don't either.
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My costs are going up like crazy too! E O insurance jumping despite no claims, taxes on building skyrocketing, A R is getting a pain in the ass, clients are in tough spot, etc etc
Me personally? I have tons of work and am busy as hell, but cash flow sucks! Getting people to pay lately has been unreal.
yeah...collecting on G4P can be a bitch sometimes ;)
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Me personally? I have tons of work and am busy as hell, but cash flow sucks! Getting people to pay lately has been unreal.
wear an obama shirt when you collect. you think they want to give money to someone in a palin beanie? no sir!
You wear that 'hope and change' thing, and they will instantly let down their guard.
And that, my friend, is when you sucker punch them and shake em for all the 'change' that'll fall outta their pockets.
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Obama defies base, hires Wall Street lobbyist for re-election campaign
Published: 12:02 AM 10/25/2011 | Updated: 12:20 AM 10/25/2011
By Matthew Boyle - The Daily Caller
President Barack Obama’s new senior campaign adviser is a longtime Wall Street lobbyist, and has the potential to damage the president’s aspirations to appeal to the protesters currently “occupying” New York City’s Zuccotti Park.
Obama’s new adviser, Broderick Johnson, has an extensive history of lobbying for big banks and corporations, according to the Center for Responsive Politics. In 2007, he lobbied for JP Morgan Chase and in 2008 Johnson lobbied for Bank of America and Fannie Mae. From 2008 through 2010, he lobbied for Comcast and in 2011 he lobbied for Microsoft.
Johnson is currently a partner at D.C.-based communications firm Collins Johnson Group, which boasts that it excels at “providing superior strategic planning and political consulting services to multinational corporations, government entities, political campaigns and parties, elected leaders, nonprofit organizations, issue groups, investors and entrepreneurs.”
Including open houses and social events, Johnson has visited the White House 17 times since 2009, according to White House visitor logs. One of those meetings was with Obama adviser Valerie Jarrett.
In early 2009, Johnson was named partner at lobbying firm Bryan Cave LLP’s Washington, D.C. office. In that role, his responsibility was to “establish and lead the firm’s new Public Policy & Governmental Affairs Client Service Group.”
That means that during those White House visits, Johnson was a registered lobbyist.
Johnson also donated more than $150,000 of his own money Democratic candidates and causes since 2008. Public political donation records show Johnson has, since 2006, never donated to a conservative or a Republican.
Perhaps most troubling to those who normally would consider themselves Obama’s 2012 base, though, is how Johnson has lobbied on behalf of the Keystone XL pipeline. The Huffington Post previously reported that Johnson is a “former Bryan Cave LLP lobbyist registered on the Keystone XL account” and that Bryan Cave LLP earned approximately $1.08 million lobbying for TransCanada between 2009 and 2011.
Environmentalists are upset about the near-finalized pipeline proposal that would allow TransCanada to build a $7 billion, 1700-mile pipeline through the heart of the United States. If the State Department approves the proposals and the pipeline is built, it would transport crude oil from tar sands in Alberta, Canada to U.S. refineries along the Gulf of Mexico.
Liberal group Friends of the Earth, which adamantly opposes the Keystone XL pipeline, is furious with Obama’s decision to hire a former pro-pipeline lobbyist. The group is disgusted with what it considers Obama’s blatant support for crony capitalism.
Read more: http://dailycaller.com/2011/10/25/obama-defies-base-hires-wall-street-lobbyist-for-re-election-campaign/#ixzz1bonKagcL
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spinning this is easy.
"Know how the enemy works, destroy it from the inside".
Unless you called bachamnn on the idiot IRS comment, you can't rant and rave about obama's hypocrisy here.
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spinning this is easy.
"Know how the enemy works, destroy it from the inside".
Unless you called bachamnn on the idiot IRS comment, you can't rant and rave about obama's hypocrisy here.
Please - your silly meager attempts at spinning this are FAIL
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Please - your silly meager attempts at spinning this are FAIL
i said obama was a hypocrite. what else do you want from me?
chill out fcker. you on ECA or something? :)
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i said obama was a hypocrite. what else do you want from me?
chill out fcker. you on ECA or something? :)
Kneel before Zod!