Shock of Slow Decline: “Economic Conditions Substantially Worse Than During Last Crisis”

by | Jul 22, 2015 | Aftermath, Headline News | 88 comments

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    This article was originally published by Michael Snyder at his Economic Collapse blog.

    Editor’s Comment: While big things are threatening the entire system in places like Greece, the slow, steady decline is ongoing in America, with the living standards of most people deeply eroded, with the dream and hope of opportunity shattered, and with the ability to make ends meet WITHOUT government assistance impossible or difficult for tens of millions.

    Perhaps it is worse for things to decline without headlines or a spotlight on the events. While the world goes on, the American people are being left behind at the expense of a class of predatory elite.

    12 Ways The Economy Is Already In Worse Shape Than It Was During The Depths Of The Last Recession

    by Michael Snyder

    Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008?  When I write about an “economic collapse”, most people think of a collapse of the financial markets.  And without a doubt, one is coming very shortly, but let us not neglect the long-term economic collapse that is already happening all around us.  In this article, I am going to share with you a bunch of charts and statistics that show that economic conditions are already substantially worse than they were during the last financial crisis in a whole bunch of different ways.  Unfortunately, in our 48 hour news cycle world, a slow and steady decline does not produce many “sexy headlines”.  Those of us that are news junkies (myself included) are always looking for things that will shock us.  But if you stand back and take a broader view of things, what has been happening to the U.S. economy truly is quite shocking.  The following are 12 ways that the U.S. economy is already in worse shape than it was during the depths of the last recession…

    #1 Back in 2008, 18 percent of all Americans kids were living in poverty.  This week, we learned that number has now risen to 22 percent

    There are nearly three million more children living in poverty today than during the recession, shocking new figures have revealed.

    Nearly a quarter of youngsters in the US (22 percent) or around 16.1 million individuals, were classed as living below the poverty line in 2013.

    This has soared from just 18 percent in 2008 – during the height of the economic crisis, the Casey Foundation’s 2015 Kids Count Data Book reported.

    #2 In early 2008, the homeownership rate in the U.S. was hovering around 68 percent.  Today, it has plunged below 64 percent.  Incredibly, it has not been this low in more than 20 years.  Just look at this chart – the homeownership rate has continued to plummet throughout Obama’s “economic recovery”…

    Homeownership Rate 2015

    #3 While Barack Obama has been in the White House, government dependence has skyrocketed to levels that we have never seen before.  In 2008, the federal government was spending about 37 billion dollars a year on the federal food stamp program.  Today, that number is above 74 billion dollars.  If the economy truly is “recovering”, why is government dependence so much higher than it was during the last recession?

    #4 On the chart below, you can see that the U.S. national debt was sitting at about 9 trillion dollars when we entered the last recession.  Since that time, the debt of the federal government has doubled.  We are on the exact same path that Greece has gone down, and what you are looking at below is a recipe for national economic suicide…

    Presentation National Debt

    #5 During Obama’s “recovery”, real median household income has actually gone down quite a bit.  Just prior to the last recession, it was above $54,000 per year, but now it has dropped to about $52,000 per year…

    Median Household Income

    #6 Even though our incomes are stagnating, the cost of living just continues to rise steadily.  This is especially true of basic things that we all purchase such as food.  As I wrote about earlier this year, the price of ground beef in the United States has doubled since the last recession.

    #7 In a healthy economy, lots of new businesses are opening and not that many are being forced to shut down.  But for each of the past six years, more businesses have closed in the United States than have opened.  Prior to 2008, this had never happened before in all of U.S. history.

    #8 Barack Obama is constantly telling us about how unemployment is “going down”, but the truth is that the  percentage of working age Americans that are either working or considered to be looking for work has steadily declined since the end of the last recession…

    Presentation Labor Force Participation Rate

    #9 Some have suggested that the decline in the labor force participation rate is due to large numbers of older people retiring.  But the reality of the matter is that we have seen a spike in the inactivity rate for Americans in their prime working years.  As you can see below, the percentage of males between the ages of 25 and 54 that aren’t working and that aren’t looking for work has surged to record highs since the end of the last recession…

    Presentation Inactivity Rate

    #10 A big reason why we don’t have enough jobs for everyone is the fact that millions upon millions of good paying jobs have been shipped overseas.  At the end of Barack Obama’s first year in office, our yearly trade deficit with China was 226 billion dollars.  Last year, it was more than 343 billion dollars.

    #11 Thanks to all of these factors, the middle class in America is dying.  In 2008, 53 percent of all Americans considered themselves to be “middle class”.  But by 2014, only 44 percent of all Americans still considered themselves to be “middle class”.

    When you take a look at our young people, the numbers become even more pronounced.  In 2008, 25 percent of all Americans in the 18 to 29-year-old age bracket considered themselves to be “lower class”.  But in 2014, an astounding 49 percent of all Americans in that age range considered themselves to be “lower class”.

    #12 This is something that I have covered before, but it bears repeating.  The velocity of money is a very important indicator of the health of an economy.  When an economy is functioning smoothly, people generally feel quite good about things and money flows freely through the system.  I buy something from you, then you take that money and buy something from someone else, etc.  But when an economy is in trouble, the velocity of money tends to go down.  As you can see on the chart below, a drop in the velocity of money has been associated with every single recession since 1960.  So why has the velocity of money continued to plummet since the end of the last recession?…

    Velocity Of Money M2

    If you are waiting for an “economic collapse” to happen, you can stop waiting.

    One is unfolding right now before our very eyes.

    But what most people really mean when they ask about these things is that they are wondering when the next great financial crisis will happen.  And as I discussed yesterday, things are lining up in textbook fashion for one to happen in our very near future.

    Once the next great financial crisis does strike, all of the numbers that I just discussed above are going to get a whole lot worse.

    So as bad as things are now, the truth is that this is just the beginning of the pain.

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      88 Comments

      1. I agree wit the article. However what is the solution ? There are supposed to be no unsolveable problems. I think we are doomed

        • God is the solution. I believe we are approaching the end times. I used to think that fighting was the way to go. God’s will is for a one world Satanic government to come to power. According to God’s will the U.S. will fall. I am going to get out of this country. I am going to the woods like it says in the scriptures. Even if you fight, you would have to fight against the entire socialist indoctrinated masses, and they are beyond helpless. There is no way to fight your way out of this mess. Unfortunately, this country and freedom are distant memories. My advice is to get right with God.

          • I just wanted to add that our government is one of the spearheads for the coming Satanic one world government. Just look at your fellow comrades (meant citizens). They are living the lifestyle of Sodom and Gomorrah. Most in the country are living a lifestyle that incorporates the 7 deadly sins. There is really not much to save there anyway if we were victorious. I hate to say, but most of my countrymen are the scum of the earth.

            • The term “ugly amerikan” is well deserved. Panama is looking better and better.

              • 02…when you move to panama, I can hold some of your guns here. You can only bring the ones you smuggle in. Drive down there or use a shipping container and bribe the port authorities. In a world wide collapse, americans will be the first targets for a slit throat. When I was in Haiti, they loved us until they needed something and were refused.

                • D, I salute you on going to Haiti and LIVING to talk about it. Haitians are totally useless as people. My wife and I had trouble with them in Miami back in the 70s and 80s. Nothing good about them whatsoever.

              • .02
                People can say whatever they want about my beliefs. People might call me a coward. I just look at my society, and all I see are socialists and cultural Marxists (read up on Antonio Gramsci as his plan has come to fruition). For those that don’t know, a cultural Marxist is a person who believes the following things: the government is the solution to all problems, they are secular, they spend money beyond their means (how many Amerikans have savings accounts or are in major debt), the destruction of the traditional family (gay rights/feminism/no fault divorce), and a society without morals. Once one Understands cultural Marxism, one realizes this fight has already been lost. I have met the enemy, and it is us. There is no changing it back. It is too late for that. The coming persecution and purge against Christianity will be next. The writing is already on the wall for that to happen.

                • You have been paying attention. Checked the laws, I am allowed SOME guns into Panama. They have decent deer hunting there.. and the fishing//omg!

                  • the mosquitoes are as big as the ones on Highland Flats snow park

                • @Kfilly… Put your salvation in God’s hand with your faith. and Put your faith in a Glock 40 when they come for your family…unload on them on your way out. The toughest men I have ever dealt with have been Christians and not only were not afraid of death, but were willing to bring some of the human trash with them to God’s judgement.

                  • I am not afraid to defend myself. I am just not going to fight a war that cannot be won.

                    • D and Kfilly: Agree, as for a handgun, a .357 4-6 inch barrel is exc. for home defense. Friends like 9mm w. high impact ammo, aim for head or upper body for best results to defend family. .12 ga shotgun (pump) also). This war will not be won with all the gov. hi tech weapons, drones, etc. unless the guys on our side can somehow get their hands on it. Agree that cultural Marxism rules today, and I tell like minded folks that we have lost the five plus decades old battle trying to inform to no avail, and some Q, what do we do now? I say, get in a survival mode and get house in order. Unload useless stuff (sell, donate) and dump useless friends/ co workers, bogus churches, who aren’t on same page, and get a phone number blocker to block useless calls incl robo calls, get online. All political activity at this point is a joke; they are all playing on the same team pushing for ag 21 and world gov via treaties. (puppet politicians in it for: easy living, profit and power only.)

              • I would not recommend Panama .02. I have spent quite a bit of time down there and I am not a fan.

              • One of the greatest musician and songwriters of our time, gave us the solutions to many of todays problems. Go listen on Ytube to the words of the song “Imagine” by John Lennon.

                • WWTI, uh, I think you better listen to that song again and pay closer attention. Lennon was promoting the idea of one-world government in those lyrics.

              • Acting on decisions made to preserve my networth against forseeable risks means I have no seizable accounts subject to counterparty or credit risk. So I can’t indulge myself the way I did several years ago. On balance, I believe I’m better off now, more rather than less secure.

                There are benefits and costs, not necessarily monetary, to any course of action. Do your own analysis then do what makes sense to you, not necessarily what the guy down the road does.

                I read the comments avidly. Learn as much that’s worth knowing from them as from the articles.

                Are ya old enough to remember Hill Street Blues? Be safe out there.

            • For the last 2000 years every single generation of superstitious bible thumphers has had many believers who really thought that they where indeed in the end times written about in revelations. So far they have all been wrong. I live in the real world where im the one who is responsible for me & mine. If I don’t work and prep and make decisions on the best course of action or to not to take action. God isn’t gonna do it for me. Im for shure not going to lean on the crutch of religion. What is happening isn’t gods punishment for sin. Its humans doing what comes naturally to them.

            • K filly you are full of it. For the last 2,000 years there have been superstitious bible thumping believers who genuinely thought that they where indeed in the end times written about in revelations. And so far they have all been wrong. I live in a realistic world. Im the one who is responsible for me and mine. I must decide what actions to take or if to not take any action. If I don’t god shure aint gonna do it for me. Also the events of today are not anything new or exceptional. there have always been bad politicians and empires rising & falling it isn’t god punishing us for sins. its just folks doing what is natural for them to do.

              • I didn’t insult your beliefs , but you had to go ahead and insult mine. When has there been a global government before? When has there been a system where people were required to take the Mark of the Beast in order to purchase something (Jamie Dimon and Bill Gates both proposed digital currency/cashless society)? Once our country falls to communism, the rest wil be easy. If you choose to fight, that is your choice. I am not knocking your decision to fight an already lost cause. Amerika will be communist. Just look at all of the communists living here.

                • So I insulted your superstition. Boo Hoo! Im not a Christian who thinks there gonna get something for nothing. I didn’t ask some guy to die on a cross for my sins. Ill take full credit for all my bad deeds as well as my good ones. My soul belongs to me and its mine to do with as I please. I wish the rapture myth would really happen. It would get rid of a bunch of folks.

                • Our country is becoming fascist and not communist.

                  • They are pretty much one in the same for the little people.

                • Old guy & Kfilly: Since no one can accurately predict future events, incl Bible prophecy which I’ve studied, we must go down fighting/defending family regardless, otherwise we end up in labor camps or worse, as history shows. Old guy insulted beliefs, should have said: thru history incl the dark ages, ww2, Christians, Jews and other groups (religious or ethnic) were killed for no reason other than their religion or race, etc. (Muslims killing Muslims and other ethnic groups, Catholics killing protestants) I say: America and Europe are under heavy judgment like nations in O.T. because we didn’t maintain our heritage, morals and cultural standards, ex: Ben Franklin: “a republic if you can keep it” Apathy/stupidity reigns here and elsewhere.
                  This country has been hijacked from within, incl the gov controlled 501c3 shackled apostate churches, schools, universities, etc. Mega corp./bankers who are demon controlled, run the country.

            • KFilly

              I don’t disagree with you. Some of us have to stay where we are do to certain conditions. You cannot take on the enemy head on. Guerrilla tactics are the only way if you stay.
              I wish you the best and may God Bless you and your family.

              • I am not getting on a plane to leave. It will be with an INCH bag. I will be going out into the woods. If I have to defend myself while I am there, so be it. If I starve, so be it. I am just not going to fight a war to try and same indoctrinated socialists from the socialism they want. These people have chosen Satan’s path. Look at what socialism brings. It is all about death and destruction (see Detroit). Look at what our government promotes. It promotes murder through abortion and the wars to benefit the banks. It promotes sloth through the permanent welfare class. It promotes greed through materialism (keep up with the Jones family). It promotes wrath (Baltimore, Ferguson, etc). It promotes envy through class warfare (tax the wealthy). It promotes gluttony (just look at the average Amerikans waste line). It promotes pride (we are the greatest nation). That covers the seven deadly sins that our corporatations and government push upon the people. The “Old Guy” posting above might not want to believe that. Read up on Antonio Gramsci. His ideas of cultural Marxism. Part of the idea of getting countries like Amerika to adopt Marxism was to convert the culture prior to instituting communism. One of his goals was to make America a secular society. Others were to destroy the nuclear family, encourage free spending (debt), get people to be live government solves all problems, and destroy societies morals. I would say Gramsci’s plan was successful here in Amerika and Europe. Everything is lining up to the end times. The one world fascist government (proposed by Pope although he called it communism-one in the same for the little people), cashless society (proposed by Bill Gates and Jamie Dimon), all nations turning against Israel (allowing Iran to get Nukes, proposal to split Jerulsem by UN), increasing persecution of Christianity in all nations (fascists hate Evangelical Christians and Jewish people and all nations will be fascist). This time it will be different than just one empire falling despite what his beliefs are.

                • God bless you and your family also Mike!

                  PS-Karl Marx was also a Satanist. If Satanists believe that Satan is real, that must mean that they also believe in God, but they chose to worship Satan. That is why they have always exterminated Christians and Jews (China, Russia, and Germany), and it is the reason it will be the same here. The reason I am going to get out of the USSA is because God will bring his wrath on Babylon and all who stay in this land of Sodom and Gomorrah.

          • Where you live, matters, what you have, matters, how willing you are to kill to keep those things, matters most.

          • God is in control. You can’t stop the end from coming. I read the book so I know how this ends. We won’t have to wait much longer so get ready.

            One thing you might consider is to vote for the bad guys. I’m serious. Think about what would have happened if the City Council of Sodom had a meeting in which they made a resolution to kick that guy Lot out of our city for being such a party pooper?

            Max

            • So We vote for Hillary? Maybe that bitch will get the show on the road?

              • The thought has crossed my mind, though I don’t vote anymore. We could dream that she would overreach and try and ban guns or something and start a revolt.

              • YES, but I would have to off myself after I did it. Ha Ha

          • Thats right Kfilly, put all your blind faith into some imaginary tooth fairy in the sky. Can’t fix stupid. Another reason why the world is crumbling. Ignoramouses.

            • To WhoWuddaThunkIt.

              Yes, it is quite silly to believe in a God that you cannot see… silly, that is, until you meet Him.

              I used to feel the same way you do. Take a few steps back and ask yourself how much of your life you have real control over.

              Ever hear of Pascal’s wager? The argument runs as follows:

              If you erroneously believe in God, you lose nothing (assuming that death is the absolute end), whereas if you correctly believe in God, you gain everything (eternal bliss). But if you correctly disbelieve in God, you gain nothing (death ends all), whereas if you erroneously disbelieve in God, you lose everything (eternal damnation).

              Place yer bets, place yer bets…

              Max

              • I believe in gods/norns ect.,got me bets covered!The thread of my life was written long ago and when cut from the skein of life,on to the nest!

            • The people running your NWO government are putting their belief in Satan. Just read the first page of Rules for Radicals. It is a dedication to the ultimate radical who got his own kingdom. That radical is Lucifer. Also, watch all of the Satanic imagery in stuff like Grammy/Super Bowl Half Time shows, etc. (I don’t watch that garbage, but I watched YouTue videos on it). So, I will put my belief into the opposite of what they believe (God). Also, a lot of stuff from the Book of Revelations is coming true. You have your beliefs. I have mine. Do what you belief you have to, and I will do likewise.

              PS-Karl Marx was not an atheist, but he was a Satanist. He was essentially quoted as saying he wanted the world to burn in flames. The equity stuff preached by communists/fascists is a facade. They don’t want any equality.

        • If we cannot replace corruption with integrity and greed with morals then I fear you are right.

        • The solution is pretty simple, either cut our labor costs -wages, benefits, and regulations- to that of our competition so we can compete with them on world markets (and even our own) or get rid of “Free Trade” and establish fair trade tariffs to level the playing field with our labor competition based on lifestyle equity.

          But we won’t willingly do either of those, too many people in high places have it too good the way it is now.

          • Yes either the cost of production where the production is being done must rise or the cost of production here must become lower we cant compete. and how likely are either of those two things to happen?

          • Better heroes than Obama,Acid.

        • Old Guy,
          If you study demographics the economy should begin to recover after the coming crash sometime between 2020 and 2025. Some expect a longer lag due to the massive debt that will need to be cleared. Just when we see a little recovery though, more crash will be on us. Real recovery maybe in 15 to twenty years.

          So it looks like we are in it for the long haul. If this government and the NWO movement get democidal they could change the demographics and cause it to last a even longer.

          Met a couple guys at the range from Ukraine and Belarus a couple weeks back, I helped them out with a couple technical issues they were having, and they got chatty. I don’t talk prepping or politics at the range, just my policy. They volunteered a warning that the world is about to eat the biggest Shiite sandwich history has ever seen. They still like their chances best in the US. They see us living like a poverty stricken third world country, with a lot of people starving in the streets, and large scale civil unrest. Where they came from they have seen some terrible things, those things will come to America. The time to get ready is now! And they really don’t like communists, LOL!

          • One thing folks don’t consider is its very possible almost all the infrastructure will become destroyed. the If I cant have it nobody else will have it also additude will be present. With no homes or machinery ect. We wont revert to a 1800,s agrarian lifestyle. We will skyrocket to the stone age. That’s why we need to pick out a cave. the Porch monkeys & wiggers will burn and destroy almost everything. They will take whatever they can by any means they can. Someone mentioned living in the woods. Back in the 1950,s in the Ozarks there wasn’t any game. The deer where not present. squirrel and rabbit scarce. Because we & our neighbors hunted for a portion of our food. Too many folks chasing too few critters. So the best bet would have some place to hide and enough stuff to eat until the unfit die or kill each other off. and those who think they will simply harvest some ones cattle. the cattle numbers are the lowest since Roosevelt has the cattle killed because they carried tuberculsious.What folks buy in the stores are pounds of beef. Not heads of beef. What is dome a 300 pound calf is fed in the feedlot to 1200 pounds. That extra 900 pounds per head. will be lost when it turns ugly. There isn’t enuff food produced in this country already in these times. we import a lot of food. Unless you like a squirrel store enough to last until you can obtain more you will go hungry.

            • Squirrels! One of my preps years ago was to plant about 7 various nut trees. The trees produce bushels, but I never get any nuts for us!

              I do have a whole herd of the biggest fattest squirrels you ever saw. So when the SHTF I’ll be eating squirrel until they are very scarce, then I’ll suddenly have more nuts than I can eat!

              For animals it’s all about habitat. There are more deer living on the fringes of suburbia than in all the deep forests. Deer will starve in deep forest. For anyone that has a rural BOL nows the time to be planting the things that will attract and sustain the game you want to eat.

              The problem with a “hunter gatherer” lifestyle is it takes a lot of real estate to produce enough food to sustain a human. Farming is what made it possible for towns and cities to grow. Even a small 1/4 acre farm if well managed can feed a family. If the zombies start showing up and trampling peoples gardens to find the three things that are ripe and ready to eat today, It could get really ugly fast!

        • If we’re “toast”, why is snyder monetizing his website as heavily as he is? He can’t get people to pay a subscription fee for his ‘wisdon’, which is how professional financial advisors operate; snyder tries to make money by suckering ignorant people over to his website and then hoping they’re stupid enough to buy into his crapola.

          Answers are simple … re-instate Glass-Stegall, form public banks which serve the people and not the private banking/ruling class, institute a guaranteed income (google and study “social credit”), stop the insane wars we have started and quit spending trillions on “national defense” … let’s start to make things again and do good around the world instead of doing bad!!

          snyder looks for any chart he can find that’s pointing down … but don’t let the little deceiver deceive you … keep an eye on the scale of the charts he selects. You’ll see that they’re not quite as bad as this guy wants us to believe.

      2. On the positive note, 65 million guns have been sold since Obama took office.

        • Wait till the sheeple elect hillary! Aint seen nothin yet

          • Kula, oh so true. The African virus is only pushing us to the edge of the cliff and stop there. Hillary will push us the rest of the way and finish us off, IF we let her. She won’t do a damned thing to me.

          • I haven’t gone totally Galt yet, but If Hillary gets elected, I’ll go to war against Democrats. God is great and Guns are good.

            • Thats what Im working on,
              Think ill read Atlas Shrugged again

        • True but they are a lousy hi tech club without ammo

        • Then, there is people like me Angry Old White Guy.
          Every firearm I have, is not on the books.
          These have been passed down to me from previous family members or I’ve purchase said items from private sellers.

          Realistically, that 65 million is much higher when you add people like me under the radar, and there is a lot of us too.
          Even some of the people who have purchased through the Governments twisting legal ways previously have stopped and are doing what I have been doing for years.

      3. Buckle Up!

      4. Not much of a fuss was raised when Clinton signed the Nafta trade deal in the early 1990’s, just after obtaining office. Poppy Bush’s administration had those deals ready to go. I wrote letters to newspaper editors denouncing these deals, what a waste of time since none appeared in those papers. Perot’s giant sucking sound, all planned by capitalist greed. These job losses have continued unabated to this day and will into the future. The planned destruction of America. Look where we are now. An illusion of recovery that will never happen.

        • Yep,
          Seen so many family and friends jobs go overseas from NAFTA. We took pay cuts and pay freezes just to keep a job. And since 08, have about the same income but the money just don’t go as far anymore.
          It won’t be long until we see what happens when the TPP goes into full swing.

          • The latest trend being pushed by the Obama administration, now that almost all the jobs that can be exported have been, is to replace current high paid American workers with illegals, immigrants, and H1B’s.

            Nothing an be done about it, it suits both political parties to keep it that way.

            • The H1B issue has been going on for years. I’m one of 100 people working on a IT project for the government. The contract has been going on for 17 years and of the 100 people on staff, roughly 85 – 90 are from India. When the project first started there were NO Americans on staff, only H1Bs.

              Your tax dollar in action.

          • NAFTA killed agriculture and also created the beginning waves of immigrants from south of the border, there were always folks coming over, but after NAFTA the farm sector had to hire the cheapest labor possible to try and get costs down,
            The farms should have banded together and said let them eat grass! Then snubbed the stores and people who didnt care for anything but their cheap produce.

            • The real fix is to mechanize the entire operation. It is going to happen soon, because most employees are a pain in the ass. The problem society faces is what do we do with all the idle idiots? Our solution thus far is to put them in large cities( works for me).
              Problem is they vote and suck the life out of those that can produce things of value. I’m no longer in the Hi tech business, but I wish I would be the one to have designed the Star trek “Hologram deck”.
              We sure could use a few of them.

        • Right on Aljamo. It is obvious there has been a systematic take down of These ONCE United States. But history shows that you can piss off the black population and they will burn down their neighborhood, piss of the Saxon and we burn down continents. These bastards are playing with fire.

        • Went to the store to buy steak the other day – on sale bone-in ribeye was 11.79/lb…..

          Before the Obamaloid was put into power, it was 5.76/lb

          There is no inflation….

          • We dont buy much meat anymore, but when i do i just buy a tenderloin from Costco, figure if im going to spend a half days wages on a piece of meat its going to be the most tender piece i can get, i need to get a freezer and start just buying a wean calf every year, or get a bull and cow! Thought about importing a couple weaned jerzey calves, boy and girl and just start me own little food mill,,,, think i can pull it off with an intensive grazing program on our small place, year round growing season makes a huge difference for forrage

            • Kaluafarmer,
              I’ve got a jersey bull. I raised him from a bottle. I’m the primary care giver of the critters around here.
              Well very early Mon morning he decides to take out a piece of fence and stroll through the neighborhood. (One neighbor thought a small twister went through). One swing set completely demolished, one wooden picnic table smashed, neighbors and my garden checked out by this bull. That’s before I even knew he was out. Then at six a.m. He’s trying to knock down the back door and come in to see me.
              Well my 5’1″ self goes out to try to get him back in the field. After several tries he decides to love on the momma by pinning me against my truck and rubbing me thoroughly with his giant head, lifting me off the ground so I took my walking stick and with all my might, I wacked his rib cage and he backed up, shook his head and decided he was gonna go for a walk down the road.
              A kind stranger slowly pulls his dually truck up heading back up towards the gate. The man gets out and helps me get him back up(great people around here.
              Well, he went into bull jail (his stall), we had his trial that night, and he’s going to see the executioner soon(the butcher).
              Spoke with the neighbors and they said don’t worry about the damages.
              The moral of this is don’t be friendly with your bull. Jersey stake is my favorite though!
              Also, when you get unbelievable amounts of rain, the fence posts come loose.
              It’s worth it though, I eat ribeye for 2.50 a pound.

              • Dairy bulls tend to become mean. and the jersey is the worst of all. A bull can tear up most fences. My angus bull it took electric fence to keep him where he belonged.

                • Old guy,
                  I was taught a a good lesson, all the old farmers around here kept telling me not to be nice to him.
                  ” you’ll figure it out” they’d say. I’ve only been raising beef for five years, pork I’ve done all my life.
                  Let’s just say”………..” I’ve figured it” lol

      5. The ‘last recession’ never ended. The solution was to let the market run its course. The Federal Reserve, and the private banks that own it, felt otherwise – largely because they would have been roadkill. So they gave themselves quantitative stealing and zero percent loans and TARP.

        What did we get? Screwed. Again.

      6. Articles like this can disturb the Sheep, and the sheep in this country are a dangerous bunch. Please do not awaken the Sheep anymore, it’s too late in the game to help these poor sons ‘a bitch’s.

        MEANWHILE……..Massive Paper Gold Manipulation

        $2.7 BILLION DOLLARS in PAPER Gold were dumped on the market Sunday night at th time of the least possible liquidity. THIS IS manipulation, thanks central banks!

        They are doing everything they can to keep a broken system afloat.

        • Whats funny is that there even is paper gold, goes to show how stupid people are…

          • My neighbor was telling me about his gold investment. The entire thing was in gold certificates and not physical metal itself. I felt bad telling him that if it was not in his possession, he doesn’t own it.

          • So true Kula, these paper gold certificates are basically an I.O.U. which to the consumer is a 50/50 gamble if any of it is even honored. People can be easily duped on things, but something of this nature. It’s better to have the real deal in your hands (gold) than a piece of paper that says “welcome to the club, and please continue to invest with us”.

            • From my perspective the ETFs and stuff such as “paper gold” are the same as derivatives,
              Nothing bundled up and labled then sold with the promise of returns,
              Im a simple guy, you dont get anything without effort or energy,
              From my perspective sooner of later all these something for nothing schemes will come full circle, feel for the folks who werent paying attention.

        • Russia added another 25 tons of gold in June. China sheeding US Treasuries in piece meal.

      7. Even if you don’t have kids, you should try to ensure that your nieces and nephews have a good future. Fight for them.

        • No kids and the whole extended family thinks we are whacko.They are going to feel pretty stupid when they try to make nice and we don’t answer the call.
          They will be outside Cleveland in the battle zone while we sit up here enjoying the hard work we have put into this place. They have no clue where my “campsites” are and good luck covering the 350 miles to here anyway.

          A word to the wise fell on deaf ears.

      8. I am off to help my dear friends harvest their wheat. Balls out for 30 days. See ya’ll around.

        • Hope you fall in the combiner.

        • You leaving for 30 days?
          Good, maybe the time away from here will clean up your attitude for the betterment of everybody here.

      9. Off Topic: 41 Companies That Donate Directly to Planned Parenthood

        It’s not only the government that funds the leading abortion provider.

        According to 2nd Vote, a website that tracks the flow of money from consumers to political causes, over 25% of Planned Parenthood’s $1.3-billion annual revenue comes from private donations — which includes corporate contributions.

        1. Adobe
        2. American Cancer Society
        3. American Express
        4. AT&T
        5. Avon
        6. Bank of America
        7. Bath & Body Works
        8. Ben & Jerry’s
        9. Clorox
        10. Coca-Cola
        11. Converse
        12. Deutsche Bank
        13. Dockers
        14. Energizer
        15. Expedia
        16. ExxonMobil
        17. Fannie Mae
        18. Ford
        19. Groupon
        20. Intuit
        21. Johnson & Johnson
        22. La Senza
        23. Levi Strauss
        24. Liberty Mutual
        25. Macy’s
        26. March of Dimes
        27. Microsoft
        28. Morgan Stanley
        29. Nike
        30. Oracle
        31. PepsiCo
        32. Pfizer
        33. Progressive
        34. Starbucks
        35. Susan G. Komen
        36. Tostitos
        37. Unilever
        38. United Way
        39. Verizon
        40. Wells Fargo
        41. Xerox

        • They put out a correction. Xerox shouldn’t be on the list, so it’s only 40 companies.

        • Sharia is the antithesis of the US constitution.

          Women are property, and worth half the testimony of a man in court. As an infidel, you could be put to death for making an accusation against a Muslim man!

          Sharia is blatantly unconstitutional in the US. Anyone trying to give it life in the US is committing treason.

      10. So NOW not only are Muslim people allowed ot cross the southern border Illegally and Kill Americans here at home But NOW THEY GET FREE MORTGAGES!! Eff- Muslims, Eff- Muhammed and Eff the “community leaders bowing down to this Shit and supporting Sharia Bullshit!!!

        • SpudWeb, the muslim turds already get special treatment as a ‘minority group’ under federal law. Sounds like another way to get muslim law to replace our laws? I won’t follow any sharia shit, period. I also say f#$% the muslims and all of their crap.

      11. No it isn’t just ask Obullshit! He will lie, I mean tell you that it is better. It has been getting worse every day and the dork turds at the top are just setting back and getting what they while they can.

        How to fix it? GOD! is the one of the answers. The other answer is burn it down and start all over again, and hope that God guides the people putting it together!

        Off Topic!!!!!!
        I went shopping with the Wife the other day at Krogers. What I have found is ready to eat foods in mylar bags. I found Beans, Potatoes, Rice, Meat, Fruit, ECT, ECT, all you have to do is add water. The price is very low and I think you could put together buckets of food for less than you can buy it already put together.

        Has anyone else seen this? I would like for some of the great folks here to look into it and give me some info. This could be something a NEWBE could do to get started in their preps.
        \
        Sgt.

      12. Sarge, do they have freeze dried Italian beef sandwiches that you just add water?

        • “P”
          Wouldn’t that be great. I didn’t see any, but that doesn’t mean you couldn’t make one.
          I would like to see Hot beef sandwich and Reubens wouldn’t that be cool also!
          Sgt.

      13. Oil has dropped in price more than any other time in recorded History. No data to analyze or compare it to.

      14. Look if we cannot hang the bankers can we not at least put them in jail please and if that means riots on the streets and breaking the law then we need to break the law to make sure that it is enforced on the banking elite who have been steeling from us for years.

        The cost of treason does not come cheap !

        • That’s funny. no banker has ever stole a penny from me. of course I don’t borrow money . Or buy anything on credit. and I don’t gamble in the stock market. When you lose playing someone elses game its your own fault. Those who think they lost their home or car ect. They didn’t lose anything but the gamble. They gambled they could have a job and pay it off or inflation would let them get rich by flipping it. The didn’t loose anything. Because it wasn’t really theirs. The fact is when you buy on credit it isn’t really yours. Until you make the very last payment your nothing more than a glorified renter. Instead of blaming bankers look in the friggin mirror. Nobody held a gun to your head and forced you to get in debt.

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