Category Archives: Housing Crisis

The Evidence Pours In: Poverty Is Getting Much Worse In America

By Paul Buchheit Source: Occupy.com A White House report recently proclaimed that the “War on Poverty is largely over and a success.” United Nations Ambassador Nikki Haley said it was “ridiculous for the United Nations to examine poverty in America.” Well-positioned Americans … Continue reading

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Why Are so Few Americans Able to Get Ahead?

By Charles Hugh Smith Source: Of Two Minds Our entire economy is characterized by cartel rentier skims, central-bank goosed asset bubbles and stagnating earned income for the bottom 90%. Despite the rah-rah about the “ownership society” and the best economy … Continue reading

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The Wealth Hiding in Your Neighborhood

From country farmland to big city skyscrapers, absentee billionaires may be hiding wealth in your town — and driving up your cost of living. By Chuck Collins Source: OtherWords The rich are hiding trillions in wealth. You’ve probably heard about … Continue reading

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Reimagining the Middle Class

In her new book, Alissa Quart chronicles what happens when capitalism and families collide By Ann Neumann Source: The Baffler AS THE ECONOMIC STATUS OF MANY in the United States has declined over the past several decades, journalists have often focused on … Continue reading

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Conjuring Up the Next Depression

By Chris Hedges Source: TruthDig During the financial crisis of 2008, the world’s central banks, including the Federal Reserve, injected trillions of dollars of fabricated money into the global financial system. This fabricated money has created a worldwide debt of $325 … Continue reading

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National (In)Security In the United States of Inequality

By Rajan Menon Source: Unz Review So effectively has the Beltway establishment captured the concept of national security that, for most of us, it automatically conjures up images of terrorist groups, cyber warriors, or “rogue states.” To ward off such … Continue reading

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Why America is the World’s First Poor Rich Country

Or, How American Collapse is Made of a New Kind of Poverty By Umair Haque Source: Eudaimonia Consider the following statistics. The average American can’t scrape together $500 for an emergency. A third of Americans can’t afford food, shelter, and healthcare. … Continue reading

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America is Disneyland

By Chris Kanthan Source: Activist Post Disneyland is the Happiest Place on Earth! Millions of families visit the theme park every year to enjoy the magical place of rides, spectacular shows and cheerful cartoon figures. Everything is clean, perfect and … Continue reading

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