Photo: Wet Napkin on flickr
Have you noticed that almost everyone seems really angry these days? Frustration with the government and with most of the other major institutions in our society seems to grow by the day.
Click here to see what’s driving Americans crazy >
According to a brand new ABC News/Washington Post poll, 80 per cent of Americans say that they are either dissatisfied or angry with the government.
Americans are deeply divided about what the solutions to our problems are, but what almost everyone can agree on is that our problems are getting worse. Watching all of the madness that is going on in Washington D.C. and in our state capitals is almost enough to drive anyone absolutely crazy.
Our nation is drowning in an ocean of debt, jobs are being shipped overseas at an alarming rate, thousands of stores are closing, poverty is exploding, greed has become a national pastime and corruption is seemingly everywhere. The American people are incredibly frustrated because the vast majority of our “leaders” appear to be too incompetent or too corrupt to deal with our problems.
If you visit just about any website on the Internet that deals with politics or the economy and spend some time reading the comments that people leave you will quickly see how angry people are becoming. A lot of times people have no other outlets for the intense frustration that they are feeling and so they just let it all come out online. Yes, Americans have always complained about the government, but the madness that we are seeing today is really unprecedented in modern U.S. history. Something has fundamentally changed.
The U.S. government and most of our other major societal institutions are rapidly losing the faith of the American people. But society cannot function without trust.
So what is going to happen once all of the trust is gone?
No wonder the American people are losing faith. It is hard to keep believing when you see rampant corruption and decay everywhere you look.
But mostly, the American people want to be able to take care of their families.
The American people are not going to start feeling better about things until there are plenty of good jobs to go around. If people cannot pay their mortgages and provide for their families then they are not going to be content no matter what our politicians tell them.
Unfortunately, the “new normal” is going to be a lot different from what the “old normal” was. The United States is a declining power. Every month our nation is bleeding more jobs, more factories and more wealth. Every month our debt problems on the federal, state and local levels get even worse. We have been living far beyond our means for decades, and we are rapidly getting to the point where that simply will not be possible anymore.
The long-term trends that have gotten us to this point have taken decades to develop. There is no “quick fix” that some politician is going to bring in that is going to create some kind of miracle.
We are now starting to pay the price for decades of bad decisions. As the consequences of our decisions become more apparent, the American people are going to get angrier and angrier.
Unless something very dramatic happens, we are heading for a very ugly chapter in American history.
Let us hope for the best, but let us also prepare for the worst.
Close to one out of every five American men between the ages of 25 and 54 does not have a job at the moment
Meanwhile, Ben Bernanke claims that there is hardly any inflation. He must not go grocery shopping much.
The Gap has announced that up to 200 stores will be closed over the next two years. Perkins has announced that they will be closing 58 restaurants. Borders has announced that they will be shutting down their remaining 399 stores and that 10,700 employees will lose their jobs. Yes, the economy is really buzzing right now.
Government services all over the nation are being cut back. An atmosphere of austerity has descended on the entire country
Many broke public school systems are now charging parents lots of money for things that used to be free
The Wall Street Journal says that one family in Ohio has to shell out over $4,000 a year for basic school activities.
'Budget shortfalls have prompted Medina Senior High to impose fees on students who enroll in many academic classes and extracurricular activities. The Dombis had to pay to register their children for basic courses such as Spanish I and Earth Sciences, to get them into graded electives such as band, and to allow them to run cross-country and track. The family's total tab for a year of public education: $4,446.50.'
Source: The Wall Street Journal
The Federal Reserve gets to give out tens of billions of dollars of nearly interest-free loans to their bankster friends
We have gotten ourselves into a position where we are in so much debt to China that we have to constantly be concerned about how they feel about our financial status
Earlier this week, one top Chinese official urged the U.S. government to do something to boost confidence in the U.S. dollar and in U.S. government debt. The official said, 'We hope the U.S. government will take responsible policies and measures to boost global financial market confidence and respect and protect the interests of investors.'
The national debt continues to spiral out of control and our politicians seem unwilling to do anything serious about it
If you combine all sources of income, it is estimated that LeBron James makes about 42 million dollars a year. If he continued to make money at that rate, it would take him 23,809 years to make a trillion dollars. Yet our politicians see no problem with running trillion dollar deficits year after year.
Unless our politicians do something dramatic, the federal government is headed straight toward financial hell
It is not just the federal government that is broke. Right now, there are a lot of state and local governments that are teetering on the brink of financial disaster
All over the United States, highways, water treatment plants, libraries, parking meters, airports and power plants are being sold off
The combination of federal government spending, state government spending and local government spending now accounts for a larger share of U.S. GDP than at any other time in our history
In June, sales of previously-owned homes in the United States declined to a seven month low. Without good jobs, the American people cannot afford to buy homes. Many of those that do have good incomes are being turned down by mortgage lenders.
The value of U.S. homes has fallen by a total of approximately 6.6 trillion dollars since the peak of the housing market
Instead of being used by families, all over the country, thousands of foreclosed homes are rapidly filling up with mould
Authorities continue to insist that violent crime is going down, and yet the number of police officers killed by gunfire is on pace to easily set another all-time record for the second year in a row
Source: USA Today
The health insurance companies keep jacking up rates on all of us, and yet they also continue to report record breaking profits.
Thanks to insane tax loopholes, a substantial percentage of the billions of dollars of income that hedge fund managers make is only taxed at a maximum rate of 15 per cent. Meanwhile, middle class American families are being absolutely hammered with taxes.
In 2010, the United States had the worst current account balance in the world. The U.S. had a current account balance of negative 561 billion dollars for 2010
No other nation had a negative current account balance that even exceeded 70 billion dollars. The amount of wealth leaving our country and being transferred to the rest of the world is absolutely mind blowing.
The New York Times writes, 'The auto industry is on pace to sell 28 per cent fewer new vehicles this year than it did 10 years ago -- and 10 years ago was 2001, when the country was in recession. Sales of ovens and stoves are on pace to be at their lowest level since 1992. Home sales over the past year have fallen back to their lowest point since the crisis began.'
Just look at the example of General Electric. G.E. is a favourite of the Obama administration and somehow they get away with not paying taxes year after year. The New York Times writes,
'The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.'
For example, one 95-year-old grandmother in a wheelchair that is dying from cancer was asked to remove her adult diaper so that TSA 'officials' could feel her up properly. In what kind of a society does this type of thing go on?
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