Posted on 12 April 2009. Tags: affordable housing, banking, banks, barack obama, capitalism, China, commander, common stock, communism, community organizer, contractors, Crash Proof, Cuba, debt, deflation, Department of Housing and Urban Development, dollar, economic devlopment, Economics, embargo, federal, federal reserve, financial institutions, free enterprise, freedom, gas prices, general, Goldman Sachs, GS, housing, HUD, inflation, Investing, investors, iraq, lending, leverage, liberty, liquidity, loans, military, monetary policy, money supply, mortgages, nationalization, obama, Obamanomics, peter schiff, Politics, poor, portfolio, predicted financial crash, President Obama, printing, profitability, Ray Odierno, Real Estate, report, Rob Viglione, seasonal demand, sell shares, subprime, survey, Tillby Lundberg, Tim Geithner, treasuries, treasury bonds, Treasury Secretary, U.S. dollar, USD, war in iraq
HUD program turns out to benefit contractors and not the poor…go figure! China cranks up its printing presses-expect global inflation, Peter Schiff (“Dr. Doom”) discusses his book “Crash Proof”, Goldman Sachs plans to sell billions in stock to pay off government aid ASAP, gas prices up 5% in 3 weeks…inflation? Top U.S. general says we’ll be out of Iraq by 2011, and 75% of Americans want to lift Cuba embargo… Continue Reading
Posted in Featured, Freedom Under Fire
Posted on 22 June 2008. Tags: census, choose to work, Employment, highest quintile, income, income brackets, lowest quintile, poor, Poverty, poverty level, rich, welfare, work
No one chooses to live at or below the poverty level right? Well, I didnt think so, but the Census data may prove otherwise.
As of 2000, there are 106 million households in the US. I am first going to break the country into quintiles from lowest income to highest income (which means that the bottom 20% or 21 million households earn the least, and so on).
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Posted in Economics, Politics