09/06/2010 – www.RonPaul.com Successful Economic Policies? For Whom? by Ron Paul Last week, in the wake of another uptick in the official unemployment rate, the administration continued to claim that their economic policies were working, just not fast enough. This administration inherited an unemployment rate of 7.7% and promised a peak of no higher than 8% if their policies were followed. Not only does the administration have a funny way of ending a war, but now they claim their economic policies are successful. For whom, I wonder? These policies are not working for the 9.6% of Americans who are out of work, nor for the over16% underemployed. They are not working for nearly 3 million Americans who have declared bankruptcy in the last two years, or the 40 million currently on food stamps. Nearly 1 in 6 Americans depend on those and other government anti-poverty programs such as Medicaid and unemployment benefits. As more Americans are added to the unemployment rolls, the tax base from which to hand out their benefits is shrinking. Still, businesses are being taxed and regulated out of the market, adding to the problem. What solutions are put forth? More government spending — even as each citizen’s portion of the public debt is over $43000 and expected to increase by $250000 over the next 40 years. No, this economy is not working for these people. But current economic policy does “work” for some people. For example, it has worked out very well for certain bankers and …

How Our Politicians Are Abandoning The Middle Class And Betraying the American Dream One out of every six Americans are in government anti-poverty programs. More than 50 million Americans are in Medicaid, forty million receive food stamps and 10 million receive unemployment benefits. The prospects for a speedy recovery from the Great Recession appear dim. We speak with Arianna Huffington, co-founder and editor-in-chief of the Huffington Post about her latest book, Third World America.

You’ve probably heard someone joke about being a starving college student. Well, it’s no joke for some. It seems now more than ever college students are requesting food stamps. Andrea Ramos and Monica Caryette attend Allan Hancock College in Santa Maria. Ramos has three young children and Caryette has a 2-year-old daughter. Caryette said, “I don’t want me and my daughter to be on welfare the …

The Great Recession pushed tens of thousands of families and individuals in Connecticut to rely on government help to feed themselves.

Maria Lopez sat on a wooden bench beside her young daughter Thursday morning as the sounds of crying babies and voices filled the Human Services Agency headquarters in Merced. Lopez, a 26-year-old single mother of four, works part-time at Rancho San Miguel, but her wages can only cover rent and bills. To feed her children Lopez needs the extra $200 a month she gets from food stamps. “It makes a …

TALLAHASSEE – The number of Floridians on food stamps has dipped slightly over the past year, but Department of Children and Families workers are still seeing a load of about 57,000 cases per month. In September 2009, the caseload stood at 58,646. The number is now at 57,742. Exactly how many people are represented by that caseload wasn’t clear, but in August 2010, there were more than 2.8 …

inflation.us Prepare and Sign Up! Welcome to the Greater Depression As the unemployed and jobless become desperate in California many begin turning their homes into income generators. One house in particular caught my eye recently by turning their living room into a restaurant. In a sign that America is slowly becoming more like a third world country houses become weekend stores, restaurants, Medical Marijuana Collectives, day care centers and beyond. The street is telling the story of the unfolding economic collapse better than any article I can read. Unemployment and Food stamps and Welfare seem to be the lynch pins in our society on the west coast. Once government runs out of funds to support these entitlements, I fear for my children’s future.

inflation.us Helping Americans Prepare for Hyperinflation. Sign Up Today for our Free Newsletter. How Gold and Silver are Warning US Gold is Sounding an Alarm Few in the Mainstream Media Want to Discuss The questions is – Why are Gold and Silver Price Alarms going off? First, Western World budget deficits are now totally uncontrolled. Debt is esentially destroying the Western World Second, The Obama administration has saddled us with enough debt at the federal level to last three generations all in the name of “stimulus”. Third, The US Federal Reserve is Insolvent and Bankrupt They have flooded the system with liquidity through Quantitative Easing They have loaded their balance sheet with worthless loan paper and reduced interest rates to 0% for over 20 months And What have been the results? Paralyzed job growth., record unemployment, record food stamps, and record poverty levels. Gold and Silver are sounding the Alarm, but Food and Energy price increases will soon follow. The face of Inflation has recently reared its ugly head in commodity prices. The Commodity sector is driving food prices to levels not seen since 2008. (Graph of Commodities prices) When higher commodity prices translate into $500 grocery bills, recession weary americans may go into economic shock. Energy Prices have stayed in check, but this may be the calm before the oil price storm. When oil and energy prices rise rapidly, home heating bills, home cooling bills and gasoline prices will join the long …