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alstry (34.91)

11.10.9 Now You Feel Zombulation

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October 21, 2009 – Comments (3)

Poverty Levels Worse Than Expected

A revised formula for calculating medical costs and geographic variations show that approximately 47.4 million Americans last year lived in poverty, 7 million more than the government's official figure.

Almost 50 million........

IF YOU CAN'T PAY FOR FOOD AND MEDICINE....YOU CAN'T BUY A HOUSE.

With business revenues evaporatin across America...fewer and fewer can afford much....

Plus now millions of Americans are getting fired, Tens of Millions getting wage/income cuts....all while facing skyrocketing healthcare costs, food costs, and now gasoline costs as the dollar crashes and oil goes through the roof.

When you bankers pursue a Zombulation policy of devaluing the dollar and crashing wages against skyrocketing prices....pretty soon few can afford anything....especially when they are the only ones bailed out.

11.10.9......Now we ALL FEEL!!!!!!

3 Comments – Post Your Own

#1) On October 21, 2009 at 4:16 PM, alstry (34.91) wrote:

Main Stream Press Adopting Alstrynomics

Where are the %&@*!# jobs?

 

Repeat after us. There is no strong recovery without job growth. There is no strong recovery without job growth. Why does Wall Street not get that?

http://money.cnn.com/2009/10/21/markets/thebuzz/index.htm?postversion=2009102114

 

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#2) On October 21, 2009 at 4:53 PM, docsteven (< 20) wrote:

Most of you have ganged up on alstry's persistant warnings.. i would ask you to read other websites, doug kass, mish, the only 2 CNBC contributors Art Cashin and Rick Santellli you should pay attention too, even buffett says things haven't gotten better just not worse and thats with trillions of help...dent isn't far off with his demographics, schiff is right except with the dollar which will rally due to world worry, things are getting much worse.... can even see in my medical practice.... be careful.... doc

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#3) On October 22, 2009 at 2:58 PM, jddubya (32.44) wrote:

Wow, I agree with this:

"There is no strong recovery without job growth"

Thanks for making a good point about the economy recovering!

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