Financial Recession Easing VS Deepening

UPDATE, October 12, 2009
"Who would have told us 5 years ago that the US dollar was facing its demise and decline as a world reserve currency?
I am not an economist, but the recent global financial events have forced me to learn and educate myself about financial issues, critical monetary decisions by the Federal Reserve that have been destroying the economy of the United States and its currency, one horrendous mistake: the printing of the dollar to bailout companies and markets that should have failed long time ago."

Read the full article here

UPDATE, September 10, 2009
All this data is current and up to date. Lots of media and economists say that the recession is over and that we now have a jobless recovery.
Judge for yourself:

1. Media official unemployment rate 9.7%  -------------------------  Real Official unemployment rate 16.9%

Total number of American currently not working, 15 to 25 million people, depending on the percentage you use to calculate, the media or the real unemployment.
Total unemployed, plus all marginally attached workers, plus total employed part time workers, economic reasons, as a percent of the civilian labor force plus all marginally attached workers.
Article continues here -->  Is The Recession REALLY Over?

UPDATE, August 10, 2009

By Keith B. Richburg and Ashley Surdin

Washington Post Staff Writers
Monday, August 10, 2009; 2:29 PM

NEW YORK -- As states across the country grapple with the worst economy in decades, most have cut services, forced workers to take unpaid days off, shut offices several days a month and scrambled to find new sources of revenue.
The good news is that much of the pain this year has been cushioned by billions of dollars of federal stimulus money that has allowed states and localities to avoid laying off teachers, prison guards, police officers and firefighters.
The bad news is that for the next fiscal year, beginning July 2010, the picture looks even more bleak. Revenue is expected to remain depressed, even if the national economy improves. There will be only half as much federal stimulus aid available, and many states have already used up their emergency reserves.
Complete Article Here

UPDATE, June 28, 2009
"The Great American Bubble Machine"

UPDATE, June 19, 2009

"The real unemployment numbers are quite different from those ones that the media and the Government agencies let us know. They are much higher and they are expected to get worse in the months to come, some analysts say." ~Livingstrong

Unemployment And Financial Reality

UPDATE, June 15, 2009 -
President Barack Obama says that he wants "the Fed to oversee the biggest financial players and to give the government the power to unwind and break up systemically important companies."

Good bye, Capitalism.

Welcome, Fascism

UPDATE, June 8, 2009 -
"The Worst Is Yet To Come", says Howard Davidowitz, chairman of Davidowitz & Associates.

UPDATE May 29, 2009 -
General Motors shares are trading at 75 cents!
Crime rises in an alarmingly way in the USA

Image by AFP/Getty Images via Daylife

UPDATE May 20, 2009 -
What about all those Ghost Malls in California? Is that reality or just a figment of our imagination?

UPDATE May 19. 2009 -
Commercial And Housing Depression In Southern California. More reality?

UPDATE May 13. 2009 -
Now, THIS is reality.
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After reading my post and watching the videos please tell me who you believe, Ben Bernanke...or reality?

Living Strong And Healthy Blogger is a blog dedicated to analyze and comment on all issues that affect our well being in a positive or negative way, so we can change what ever is hurting us and enhance what makes us better human beings.
Exercising and eating properly are not the only two factors that keep us healthy and happy. Having a healthy society, a healthy and strong economy, healthy relationships, healthy attitudes, an education, pets and nature, etc, etc, are also factors that contribute to our living and our health.
That is why you will find this blog different from other blogs that talk only about fitness and wellness.

What is going on right now in United States is inconceivable and horrendous. And all these lies and corruption can harm our society and our future, not to say our own precious health.

That is why I wanted to talk today about this terrible discrepancy that I notice in what the Federal Reserve Chairman Ben Bernanke told Congress Tuesday May 5th and the reality that the United States is living right now.

Ben Bernanke told Congress that the economy may be bottoming out finally. Listen to him.

Visit msnbc.com for Breaking News, World News, and News about the Economy

Now, please read the following, it is really scary and we all need to be well informed.

"Tent cities and shelters from California to Massachusetts report growing demand from the newly homeless. The National Alliance to End Homelessness predicted in January that the recession would force 1.5 million more people into homelessness over the next two years. Already, "tens of thousands" have lost their homes, Alliance President Nan Roman says.

"We're hearing from shelter providers that the shelters are overflowing, filled to capacity," says Ellen Bassuk, president of the National Center on Family Homelessness. "The number of families on the streets has dramatically increased."


"We're seeing a change in the population. … We're seeing a lot more that are just plain losing their jobs and their homes," says Sheila Lopez, chief operating officer of the charity. "A lot are either job-ready or working but have lost their home because they were laid off, or their apartment, and now can't go to work because they're not shaven, they're not clean, they're living in a car, or they're living on the street."


• In Santa Barbara, Calif., 84 men and women sleep in their cars, trucks or recreational vehicles in 17 parking lots around the city, says Jason Johnson with the New Beginnings Counseling Center, which runs the RV Safe Parking Program.


"People's last refuge has become their vehicle," Johnson says.

So, again, who do you believe, Federal Reserve Chairman Ben Bernanke...or reality?

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