Read these two stories below...... Its no wonder people are on the streets protesting in Oakland, Boston, New York, and all across the US .............. and its the same here in London....... where public sector workers are gearing up to strike to protect their pensions......... and the Occupy London Movement was active all weekend....... here they are in the image above....... in Trafalgar Sq...........
Cheers Jez XXXXXXXXXXXXXXXXXXXXXXXXXXX
These two US stories were linked from right next to each other on the Drudge Report:
This is from the Washington Post:
The largest banks are larger today than when Obama took office and are returning to the level of profits they were making before the depths of the financial crisis in 2008, according to government data.
Wall Street firms — either independent companies or the high-flying trading arms of banks — are doing even better. They’ve made more profit in the first 2.5 years of the Obama administration than they did during the entire Bush administration, industry data show.
This is from the Economic Collapse website : The following are 19 statistics about the poor that will absolutely astound you....
1: According to the U.S. Census Bureau, the percentage of "very poor" rose in 300 out of the 360 largest metropolitan areas during 2010.
2: Last year, 2.6 million more Americans descended into poverty. That was the largest increase that we have seen since the U.S. government began keeping statistics on this back in 1959.
3: It isn't just the ranks of the "very poor" that are rising. The number of those just considered to be "poor" is rapidly increasing as well. Back in the year 2000, 11.3% of all Americans were living in poverty. Today, 15.1% of all Americans are living in poverty.
4: The poverty rate for children living in the United States increased to 22% in 2010.
5: There are 314 counties in the United States where at least 30% of the children are facing food insecurity.
6: In Washington D.C., the "child food insecurity rate" is 32.3%.
7: More than 20 million U.S. children rely on school meal programs to keep from going hungry.
8: One out of every six elderly Americans now lives below the federal poverty line.
9: Today, there are over 45 million Americans on food stamps.
10: According to the Wall Street Journal, nearly 15 percent of all Americans are now on food stamps.
11: In 2010, 42 percent of all single mothers in the United States were on food stamps.
12: The number of Americans on food stamps has increased 74% since 2007.
13: We are told that the economy is recovering, but the number of Americans on food stamps has grown by another 8 percent over the past year.
14: Right now, one out of every four American children is on food stamps.
15: It is being projected that approximately 50 percent of all U.S. children will be on food stamps at some point in their lives before they reach the age of 18.
16: More than 50 million Americans are now on Medicaid. Back in 1965, only one out of every 50 Americans was on Medicaid. Today, approximately one out of every 6 Americans is on Medicaid.
17: One out of every six Americans is now enrolled in at least one government anti-poverty program.
18: The number of Americans that are going to food pantries and soup kitchens has increased by 46% since 2006.
19: It is estimated that up to half a million children may currently be homeless in the United States.
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