The New Poor

Human servants, kneel and subjugate yourselves to the New Lords, Non-Living Corporate Entities - Beyond Law - of the Universe.
For the corporation, By the corporation, Of the corporation
Above the law, Bought the law, Creates the law.
I concede! All these are not conspiracies!
As all the experts scream, these are market fundamentals

Farewell - American Democracy
It's Official. Corporations Rule.
The American Justice System has decided
Ask your two year old on a seesaw about balance, weight and power when 2% golden greedy guts owns 98% of the worlds’ Wealth and Resources









true to scale model would render top image invisible



total world population Feb 2010:......... 6,801,000,000
2% Golden Greedy Guts population:........ 136,020,000
98% rest of us population:................... 6,664,980,000

“Fascism is about the state running things on behalf of corporations. Adrian Lyttelton in his book on Mussolini wrote that ‘Fascism can be viewed as a product of the transition from the market capitalism of the independent producer to the organized capitalism of the oligopoly.’ It was a point that Orwell noted when he described fascism as being but an extension of capitalism. Lyttelton quoted Italian Nationalist theorist Affredo Rocco: ‘The Fascist economy is. . . an organized economy. It is organized by the producers themselves, under the supreme direction and control of the State.’ ”

Could Terrorists do more to destroy America: Millions of Americans losing their life savings, losing their homes, losing their jobs, going hungry, without health insurance, with surging productivity among those still working accompanied by steady decline in wages and benefits, local and state governments running out of money, interest rates on savings at negative 0 (Zero), and everyone stuck in nightmare traffic…………………. A declining economy on a planet whose population is exploding - an incredible impossibility
Root Cause: Advances in the science of energy would have eliminated all the above, providing prosperity and understanding for all people.

http://www.nytimes.com/2010/02/21/business/economy/21unemployed.html

February 21, 2010
The New Poor
Millions of Unemployed Face Years Without Jobs
By PETER S. GOODMAN
BUENA PARK, Calif. — Even as the American economy shows tentative signs of a rebound, the human toll of the recession continues to mount, with millions of Americans remaining out of work, out of savings and nearing the end of their unemployment benefits.
Economists fear that the nascent recovery will leave more people behind than in past recessions, failing to create jobs in sufficient numbers to absorb the record-setting ranks of the long-term unemployed.
Call them the new poor: people long accustomed to the comforts of middle-class life who are now relying on public assistance for the first time in their lives — potentially for years to come.
Yet the social safety net is already showing severe strains. Roughly 2.7 million jobless people will lose their unemployment check before the end of April unless Congress approves the Obama administration’s proposal to extend the payments, according to the Labor Department.
Here in Southern California, Jean Eisen has been without work since she lost her job selling beauty salon equipment more than two years ago. In the several months she has endured with neither a paycheck nor an unemployment check, she has relied on local food banks for her groceries.
She has learned to live without the prescription medications she is supposed to take for high blood pressure and cholesterol. She has become effusively religious — an unexpected turn for this onetime standup comic with X-rated material — finding in Christianity her only form of health insurance.
“I pray for healing,” says Ms. Eisen, 57. “When you’ve got nothing, you’ve got to go with what you know.”
Warm, outgoing and prone to the positive, Ms. Eisen has worked much of her life. Now, she is one of 6.3 million Americans who have been unemployed for six months or longer, the largest number since the government began keeping track in 1948. That is more than double the toll in the next-worst period, in the early 1980s.
Men have suffered the largest numbers of job losses in this recession. But Ms. Eisen has the unfortunate distinction of being among a group — women from 45 to 64 years of age — whose long-term unemployment rate has grown rapidly.
In 1983, after a deep recession, women in that range made up only 7 percent of those who had been out of work for six months or longer, according to the Labor Department. Last year, they made up 14 percent.
Twice, Ms. Eisen exhausted her unemployment benefits before her check was restored by a federal extension. Last week, her check ran out again. She and her husband now settle their bills with only his $1,595 monthly disability check. The rent on their apartment is $1,380.
“We’re looking at the very real possibility of being homeless,” she said.
Every downturn pushes some people out of the middle class before the economy resumes expanding. Most recover. Many prosper. But some economists worry that this time could be different. An unusual constellation of forces — some embedded in the modern-day economy, others unique to this wrenching recession — might make it especially difficult for those out of work to find their way back to their middle-class lives.
Labor experts say the economy needs 100,000 new jobs a month just to absorb entrants to the labor force. With more than 15 million people officially jobless, even a vigorous recovery is likely to leave an enormous number out of work for years.
Some labor experts note that severe economic downturns are generally followed by powerful expansions, suggesting that aggressive hiring will soon resume. But doubts remain about whether such hiring can last long enough to absorb anywhere close to the millions of unemployed.
A New Scarcity of Jobs
Some labor experts say the basic functioning of the American economy has changed in ways that make jobs scarce — particularly for older, less-educated people like Ms. Eisen, who has only a high school diploma.
Large companies are increasingly owned by institutional investors who crave swift profits, a feat often achieved by cutting payroll. The declining influence of unions .... full text