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    1BEARWIFE   77,178
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I DON'T LIKE IT, SAID SAM I AM!!!

Thursday, February 17, 2011


Pretty darn incredible. Wake up America!

Are you better off today than you were two years ago?
January 2009
TODAY
% chg
Source

Avg. Retail price/gallon gas in U.S.
$1.83
$3.104
69.6%
1

Crude oil, European Brent (barrel)
$43.48
$99.02
127.7%
2

Crude oil, West TX Inter. (barrel)
$38.74
$91.38
135.9%
2

Gold: London (per troy oz.)
$853.25
$1,369.50
60.5%
2

Corn, No.2 yellow, Central IL
$3.56
$6.33
78.1%
2

Soybeans, No. 1 yellow, IL
$9.66
$13.75
42.3%
2

Sugar, cane, raw, world, lb. Fob
$13.37
$35.39
164.7%
2

Unemployment rate, non-farm, overall
7.6%
9.4%
23.7%
3

Unemployment rate, blacks
12.6%
15.8%
25.4%
3

Number of unemployed
11,616,000
14,485,000
24.7%
3

Number of fed. Employees, ex. Military (curr = 12/10 prelim)
2,779,000
2,840,000
2.2%
3

Real median household income (2008 v 2009)
$50,112
$49,777
-0.7%
4

Number of food stamp recipients (curr = 10/10)
31,983,716
43,200,878
35.1%
5

Number of unemployment benefit recipients (curr = 12/10)
7,526,598
9,193,838
22.2%
6

Number of long-term unemployed
2,600,000
6,400,000
146.2%
3

Poverty rate, individuals (2008 v 2009)
13.2%
14.3%
8.3%
4

People in poverty in U.S. (2008 v 2009)
39,800,000
43,600,000
9.5%
4

U.S. Rank in Economic Freedom World Rankings
5
9
n/a
10

Present Situation Index (curr = 12/10)
29.9
23.5
-21.4%
11

Failed banks (curr = 2010 + 2011 to date)
140
164
17.1%
12

U.S. Dollar versus Japanese yen exchange rate
89.76
82.03
-8.6%
2

U.S. Money supply, M1, in billions (curr = 12/10 prelim)
1,575.1
1,865.7
18.4%
13

U.S. Money supply, M2, in billions (curr = 12/10 prelim)
8,310.9
8,852.3
6.5%
13

National debt, in trillions
$10.627
$14.052
32.2%
14


Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . It would be doing 1,755 MPH! This is a disaster!

Sources:

(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. Of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury

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  Member Comments About This Blog Post:

NOLAZYBUTT110 2/18/2011 12:54PM

    Just went to buy grocerys and wow did the prices go up since last week! Last week an orange were 33 cents each or a bag of 8 or 9 were $1.98, but this week double that price! Lunch meat stayed the same but all produce went up! All baked good, bread stayed the same but all sweets like pies, the price went up! Whats with that? Does sugar cost more too! Good thing I dont buy sugar any more! I ahrdly buy much of anything canned or boxed but tuna fish went up 25 percent. Chicken was the same if you bought the 10 pound bag of it, $5.98. Dont know what else to buy! I buy just beef and chicken most weeks, and when I go to this one store I will buy haddock fish. But I wonder if the price will go up on that before I need soem. Right now I have enough in my freezer from the last trip for fish. But if it goes on sale you best believe I will buy soem fish!

But what gets me is the price of Gas... it went up from $2.64 a week before last and now its up to $3.39 for regular and $3.61 for premium. I dont know what we will do this summer, but every time I go out in the car I try to do double duty when I am out; shopping all on one day and I try not to go out unless I have to, like Dr appointments. So i do know things have gotten mroe expensive and they tell me the price of things will go up even underwear! Good thing I have enough of them! (I try to buy everything on sale when needed. So i do knwo whats happening! The price of Petroleum goes up, it affects everything else, even produce. Thius summer I am making a garden for sure! I woudl advise everyone to start havinga Victory garden or pay the high cost of gas! AS for me and my house I am glad I was taught to garden when I was a kid! Its oen thing I have taught my grandchildren. emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon emoticon

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GCHUNG 2/17/2011 7:05PM

    Interesting - I would be curious of those same rates versus 1950

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NOTFATCAT 2/17/2011 4:14PM

    Every day I wonder what the horrible thing of the day will be piled onto the rest of this crap the powers have gotten us into. It never ends.

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GETFIT2LIVE 2/17/2011 2:10PM

    Disaster is putting it mildly. Something has to change and soon!

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LOULOUBELLE2 2/17/2011 1:46PM

    Sad state of affairs...me thinks that somebody pulled the wool over someone's eye's.
Not sure how to turn it around, but I feel so bad for our grand kids and what's being done to them and their education. After all they are the leaders of tomorrow.
I guess, "Pray allot" is all we can do, at least for right now!!!!!!

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BARABOODAN1 2/17/2011 1:39PM

    I'm with you

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