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by Michael The world is heading into a horrific economic nightmare, and an inordinate amount of the suffering is going to fall on innocent children. If you want to get an idea of what America is going to look like in the not too distant future, just check out what is happening in Greece. At this point, Greece is experiencing a full-blown economic depression. As I have written about previously, the unemployment rate [...] ANAHEIM, CALIF. (CNNMoney) — After four straight months of declines, consumer price inflation has finally edged up in China. China’s annual inflation rate rose 2.0% in August, the government’s National Bureau of Statistics reported Sunday, up from 1.8% in July — a two-and-a-half year low. Food prices, which account for more than a third of the inflation calculation, rose 3.4% during the month. Household finances in China are especially susceptible to fluctuations in food [...] Seven labour unionists were arrested for piling food into the trolleys, then leaving without paying A Spanish mayor has been hailed an austerity-era Robin Hood after directing trolley dash raids on local supermarkets – then handing food out to poor families. Juan Manuel Sánchez [...] Families will be told that they should work at least 35 hours a week, rather than rely on state handouts, if they want to avoid their children living in poverty.
Iain Duncan Smith, the Work and Pensions Secretary, will say that Labour’s strategy to spend more than £150 billion in extra benefit payments for poor families had failed to stop child poverty. Figures to be published today are expected to show that [...] via Washington Post: Across the Washington area last week, young workers from Europe arrived in droves, heading for jobs at community swimming pools. Lugging duffel bags, they filled out forms, picked up safety gear and chatted in a variety of Slavic languages, eager to plunge into a summer experience of new friends, skills and culture. “Now I can meet many people and see America,” gushed Anzhala Scherbina, 21, a petite student from [...] From 24/7 Wall St.: 10. West Virginia West Virginia is among the country’s poorest states. It has both the second-lowest median household income in the nation and the sixth-highest poverty rate. Despite this, the state’s tax code does not help poor families. A family of four living at the poverty [...] (CNSNews.com) – A “food insecure” Muppet is helping to promote a national “Food for Thought” campaign that teaches poor families to seek out nutritious food and to eat on the taxpayers’ tab. At the National Press Club on Thursday, Lily the Muppet – who worries about her family not having enough money to feed her properly — pitched free food at school: “Sometimes we can’t always afford to buy all the food [...] PF Louis Australia has a very high percentage of children fully vaccinated by age five. Only 11% are not fully vaccinated by five years of age. The Australian government has created financial incentives to almost force parents into vaccinating. Still, the Australian government isn’t happy with what they have. Australia’s medical mafia In Australia, parents receive $726 per child as Family Tax Benefit (FTB) at year’s end. In order [...] Chris Hedges‘ Speech in Front of Goldman Sachs Leads to Arrest … 11-4-2011 Chris Hedges made this statement in New York City’s Zuccotti Park on Thursday morning during the People’s Hearing on Goldman Sachs, which he chaired with Dr. Cornel West. The activist and Truthdig columnist then joined a march of several hundred protesters to the nearby corporate headquarters of Goldman Sachs, where he was arrested with 16 others. Goldman Sachs, which received more subsidies and [...] ABCNEWS.NET President Obama will use the bully pulpit in prime time tonight to address the nation on the status of the stalled debt talks. The President will address the nation live at 9 pm from the East Room (watch on ABC News stations or streaming live right her on ABCNews.com) Immediately after the President speaks, Republican Speaker John Boehner will offer his perspective on the stalled talks. 1) Unemployment hitting state, businesses right in the wallet “As the jobless rate hovers at its highest level in decades, employers statewide are seeing unemployment insurance taxes rise. Record claims have exhausted unemployment funds in many states, forcing them to seek loans from the federal government. The situation has triggered automatic increases in unemployment insurance rates in states like New York that can’t generate enough money to cover jobless benefits. “We are insolvent,” said Nancy [...] |
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