John Williams of Shadow Statistics is an excellent source of info when it comes to the real unemployment rate for The Banana Republic of America. The federal government’s bogus unemployment figures are a joke because they ignore big chunks of the BRA population. Taking those people into account, Signore Williams came up with 23.3% unemployment for the BRA for September. And when this mess inevitably deepens (how could it not?), that 23.3% will more than double.
“Our dollar is going down rapidly as we
“We are going to go into worse conditions than what we saw in 2008.”—Gerald Celente
“Egypt offers a window into the coming dystopia. The wars of survival will mark the final stage of human habitation of the planet. And if you want to know what they will look like, visit any city morgue in Cairo.”—Chris Hedges
“Our country’s vital signs are tanking—not just from the monetary area, but from a liberty standpoint as well. We are going down the
path that other failed governments and institutions have gone down historically, and I don’t see it turning around.”—The Patriot Nurse
“When you offshore so many middle class, high-productivity, high-value-added jobs, you are essentially giving away your own gross domestic product. You’re giving away your tax base, and you are also giving away the consumer economy because people no longer have the incomes to support a consumption-driven economy. At the same time, you are launching all these multi-trillion-dollar wars and have no way to finance them.”—Dr. Paul Craig Roberts
Welcome to the fall of the Roman Empire, a.k.a. The Banana Republic of America.
Time to end corporate welfare and make these capitalist pigs pay their fair share.
many of the families of fast-food workers must rely on taxpayer-funded safety net programs to make ends meet.”
The cost of providing this public assistance: nearly $7 billion a year.
Meanwhile, adds the National Employment Law Project in Super-Sizing Public Costs,
America’s seven largest fast food empires — McDonald’s, Burger King,
Wendy’s, Dunkin’ Donuts, Sonic, Domino’s, and Yum! Brands (Pizza Hut,
KFC, Taco Bell) — last year tallied $7.4 billion in profits.
The seven CEOs who orchestrated this impressive bottom line together collected $52.7 million in 2012 executive compensation.
Fast food execs, in effect, have essentially built a business that pivots on public subsidies. These execs don’t pay their workers a living wage. They rely instead on taxpayers to carry the load. And they rely on a myth — that fast food operates as a low-margin, low-profit industry — to hide what’s going on.
El Pollo de Oro