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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (586212)9/23/2010 10:58:30 AM
From: Peter Dierks  Read Replies (2) | Respond to of 1573950
 
The Disgrace of the Ruling Class
By Peter Ferrara on 9.22.10 @ 6:08AM

We now have confirmation that Barack Obama truly loves poor people. Because he is creating so many of them.

The Census Bureau reports that America suffers with more people in poverty now than ever before in its history of reporting on poverty -- 44 million. That's up nearly 4 million in the last year alone, with the poverty rate shooting up to 14.3%. One in seven Americans now suffers in poverty.

That follows the report that foreclosures hit their all time high in August, up 25% over a year earlier in August, 2009. As Stephen Meister reported in Monday's New York Post, "That makes the ninth straight month repos have increased on a year over year basis."

Before that was the August jobs report, which showed the economy still losing jobs, and the unemployment rate still rising, up to 9.6%, 32 months after the recession began. Nearly 15 million remain unemployed, with over 6 million long term unemployed for 6 months or more, the highest since the Great Depression. Also still rising in August was ...

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