95.1 Million Americans Not In The Labor Force!

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Offline Letsbereal

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95.1 Million Americans Not In The Labor Force!
« on: March 09, 2013, 12:01:01 AM »
Record 89,304,000 Americans 'Not in Labor Force' -- 296,000 Fewer Employed Since January
8 March 2013
, by Elizabeth Harrington (CNS News)
http://cnsnews.com/news/article/record-89304000-americans-not-labor-force-296000-fewer-employed-january

The number of Americans designated as "not in the labor force" in February was 89,304,000, a record high, up from 89,008,000 in January, according to the Department of Labor.

This means that the number of Americans not in the labor force increased 296,000 between January and February.

The Bureau of Labor Statistics (BLS) labels people who are unemployed and no longer looking for work as “not in the labor force,”

including people who have retired on schedule, taken early retirement, or simply given up looking for work.

The increase marks the second month in a row, after rising in January from 88.8 million in December. 

Those not in the labor force had declined in December from 88.9 million in November.

The nation's unemployment rate decreased to 7.7% in February, down from 7.9% in January. 

Overall unemployment “has shown little movement, on net, since September 2012,” the Labor Department said.

Total nonfarm payroll employment increased by 236,000 in February, according to the report.
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Offline Letsbereal

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People Not In Labor Force Soar By 663,000 To 90 Million
« Reply #1 on: April 05, 2013, 09:26:12 AM »
People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels
5 April 2013
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2013-04-05/people-not-labor-force-soar-663000-90-million-labor-force-participation-rate-1979-le

Things just keep getting worse for the American worker, and by implication US economy, where as we have shown many times before,

it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work.

The best manifestation of this: the number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work.

This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers.

And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979!

But at least it helped with the now painfully grotesque propaganda that the US unemployment rate is "improving."

People not in labor force:



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Offline Letsbereal

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U.S. Labor Force 63% Participation Rate Lowest Since 1979
« Reply #2 on: June 14, 2013, 05:22:52 PM »
It’s the lowest such figure since May 1979
6 April 2013
, by Pauk Wiseman and Jesse Washington - Washington (AP - Huffingtonpost)
http://www.huffingtonpost.com/2013/04/06/labor-force-participation-rate_n_3028135.html

The percentage of working-age adults in the labor force — what's called the participation rate — fell to 63.3% last month.

It's the lowest such figure since May 1979.




Source: Employment – The Macro Trends http://www.zerohedge.com/news/2013-06-08/guest-post-employment-macro-trends

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Offline Letsbereal

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Downward Notch in Unemployment Rate Reflected Further Loss of Labor Force
« Reply #3 on: September 08, 2014, 04:28:43 AM »
ShadowStats: http://www.shadowstats.com/article/no-655-august-payroll-employment-and-unemployment-money-supply-m3

- Payroll Jobs Growth Faltered in Context of Unusual Seasonal Factor Shifts



- August Unemployment Rate: 6.1% (U.3), 12.0% (U.6), 23.2% (ShadowStats)

- Downward Notch in Unemployment Rate Reflected Further Loss of Labor Force, Not the Unemployed Gaining Employment

- U.3 Rate Was Less than 979 Unemployed People Shy of Holding at 6.2%

- August 2014 Civilian Employment Still Shy of Pre-Recession Peak

- August Money Supply M3 at 4.7% Annual Growth
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Offline Letsbereal

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The labor force participation rate fell to 62.7% from 62.8% hits lowest level since 1978



Unemployment rate is going down partly because of people dropping out of the work force not because they found work.

The total number of working-age people who are not in the labor force hit a new record: 92.5 million, up by more than two million since September of 2013.

The Jobs Report
3 October 2014
, by John Steele Gordon (Commentary)
http://www.commentarymagazine.com/2014/10/03/the-jobs-report-23/

US labor force participation rate hits lowest level since 1978
4 October 2014
, by Andre Damon (World Socialst Web Site)
http://www.wsws.org/en/articles/2014/10/04/labo-o04.html
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Offline Letsbereal

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Labor-force participation hits a new 36-year low
« Reply #5 on: October 06, 2014, 09:22:18 AM »
Labor-force participation hits a new 36-year low
6 October 2014
, by Steve Goldstein - Washington (MarketWatch)
http://www.marketwatch.com/story/labor-force-participation-hits-a-new-36-year-low-2014-10-03

The last time fewer working-age Americans participated in the labor force, the U.S. Senate started broadcasting their proceedings. On the radio.

The participation rate in September fell a tenth to 62.7%, marking the lowest level since February 1978.

The falling participation rate has been a hotly debated topic for some time, but the puzzle is even more confusing given the string of solid jobs gains and the continued drop in the unemployment rate.

Part of the story of course is simply demographic. A Federal Reserve paper puts half of the decline to the aging of the baby-boom generation.

While there are more older workers than ever, due to increased longevity, better health, and the need to work due to destroyed wealth from the Great Recession, this cohort is still retiring in great numbers.

That same Federal Reserve paper put as much as 1 percentage point of the decline from its 2000 peak of 67.3% due to cyclical factors — that is, people who previously wanted to work and now are discouraged.

Alexandra Estiot of BNP Paribas notes another negative factor — the number of Americans who want to work more hours but are unable to do so.

Be prepared for similar headlines in years to come, no matter the progress on the economy.

The Fed paper estimates a 2.5 percentage point drag over the next 10 years just on baby-boomer retirement.
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Offline Letsbereal

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Over 101 Million Americans Are Unemployed Or Out Of The Labor Force
« Reply #6 on: November 08, 2014, 03:08:33 AM »
Participation Rate Rebounds From 36 Year Low, Only 92.4 Million Americans Not In Labor Force
7 November 2014
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2014-11-07/participation-rate-rebounds-36-year-low-only-924-million-americans-not-labor-force

Following last month's total collapse in the participation rate, dropping to 36 year lows, this month there was a modest improvement in the composition of the labor force, with the Household Survey suggesting the ranks of the Employed rose by 683K people, while the Unemployed actually declined by 267K, leading to a drop of the people not in the labor force to 92.378MM from 92.584MM.

In other words, a little over 101 million Americans are unemployed or out of the labor force.

Still, if only looking at this metric, the Fed would likely have no choice but to proceed with a rate hike in the first half of 2015.

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Offline Letsbereal

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Americans Not In The Labor Force Rise To Record 93,194,000
« Reply #7 on: May 08, 2015, 11:01:14 AM »
Americans Not In The Labor Force Rise To Record 93,194,000
8 May 2015
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2015-05-08/americans-not-labor-force-rise-record-93194000

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Offline Letsbereal

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93 Million Americans Remain Out Of The Labor Force
« Reply #8 on: June 05, 2015, 05:59:41 PM »
93 Million Americans Remain Out Of The Labor Force Despite Nearly 400K Work Pool Increase
5 June 2015
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2015-06-05/93-million-americans-remain-out-labor-force-despite-nearly-400k-work-pool-increase

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Offline Letsbereal

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Americans Not In The Labor Force Rise To Record 93.8 Million, Participation Rate At 1977 Level
7 August 2015
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2015-08-07/americans-not-labor-force-rise-record-938-million-participation-rate-1977-level



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Offline Letsbereal

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Participation Rate Lowest Since 1977 - Record 94 Million Not In The Labor Force
« Reply #10 on: September 05, 2015, 07:45:49 AM »
Record 94 Million Americans Not In The Labor Force; Participation Rate Lowest Since 1977
4 September 2015
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2015-09-04/record-94-million-americans-not-labor-force-participation-rate-lowest-1977


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Offline Letsbereal

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Labor's Share Of GDP Declined For 40 Years
« Reply #11 on: September 21, 2015, 12:00:01 PM »
Why Has Labor's Share Of GDP Declined For 40 Years?
20 September 2015
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2015-09-21/why-has-labors-share-gdp-declined-40-years

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Offline Letsbereal

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One True Measure Of Stagnation: Not In The Labor Force
6 October 2015
, by Charles Hugh (Zero Hedge)
http://www.zerohedge.com/news/2015-10-06/one-true-measure-stagnation-not-labor-force

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Offline Letsbereal

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O Wage Inflation, Where Art Thou?
21 October 2015
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2015-10-21/o-wage-inflation-where-art-thou

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Offline Letsbereal

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Record 95 Million Americans NOT In Labor Force
« Reply #14 on: December 23, 2015, 09:55:41 AM »
94,446,000 Americans NOT In Work Force
4 December 2015
, by Caroline May (Breitbart)
http://www.breitbart.com/big-government/2015/12/04/94446000-americans-not-work-force/
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Offline Letsbereal

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The labor force participation rate remained low, at 62.5%
« Reply #15 on: December 23, 2015, 09:57:51 AM »
The labor force participation rate remained low, at 62.5%, changed little in November
4 December 2015
, (BLS)
http://www.bls.gov/news.release/empsit.nr0.htm

Graph: Civilian Labor Force Participation Rate https://research.stlouisfed.org/fred2/graph/?id=CIVPART
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Offline Letsbereal

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In March, the labor force participation rate (63.0%)
« Reply #16 on: April 04, 2016, 05:08:50 PM »
In March, the labor force participation rate (63.0%) and the employment-population ratio (59.9%) changed little.

Both measures were up by 0.6 percentage point since September.


http://data.bls.gov/timeseries/LNS11300000

http://www.bls.gov/news.release/pdf/empsit.pdf
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Offline Letsbereal

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Americans Not In The Labor Force Soar To Record 94.7 Million, Surge By 664,000 In One Month
3 June 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-06-03/americans-not-labor-force-soar-record-947-million-surge-664000-one-month
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Offline Letsbereal

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Re: 95 Millon Americans NOT In Work Force!
« Reply #18 on: June 05, 2016, 08:21:42 PM »
Also See:

Unemployment rate dips as more workers leave labor force - 94 million - LFPR http://forum.prisonplanet.com/index.php?topic=177847.0
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Offline Letsbereal

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Labor Force Participation Rate Dropped to 62.6% In May!
« Reply #19 on: June 10, 2016, 11:58:55 PM »
Labor Force Participation Rate Dropped to 62.6% In May! (Data extracted on: June 10, 2016 ) http://data.bls.gov/timeseries/LNS11300000

63.0 March 

62.8 April

62.6 May


Also See:

We Won't Get Through The Elections Without Major Disruptions To The Financial System: John Williams http://forum.prisonplanet.com/index.php?topic=251808.msg1597397#msg1597397

Real Unemployment Rate More Than Double The Official Number, CLSA Finds http://www.zerohedge.com/news/2016-06-11/real-unemployment-rate-more-double-official-number-clsa-finds
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Offline Letsbereal

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ShadowStats Unemployment Rate 23.0%
« Reply #20 on: June 12, 2016, 06:33:12 PM »
ShadowStats Unemployment Rate 23.0% http://www.shadowstats.com/article/c810



Alternate Unemployment Charts http://www.shadowstats.com/alternate_data/unemployment-charts


Real Unemployment Rate More Than Double The Official Number, CLSA Finds
11 June 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-06-11/real-unemployment-rate-more-double-official-number-clsa-finds


Peddling Non-Fiction: Here Are The Facts About America's Disappearing Middle Class
11 June 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-06-11/peddling-non-fiction-here-are-facts-about-americas-disappearing-middle-class

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Offline Letsbereal

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Re: 95 Millon Americans Not In The Labor Force!
« Reply #21 on: June 28, 2016, 08:45:39 PM »
MythBusted - Rising "Not In Labor Force" Only Partly Due To Retiring Boomers
28 June 2016
, by Chris Hamilton - Economica (Zero Hedge)
http://www.zerohedge.com/news/2016-06-28/mythbusted-rising-not-labor-force-only-partly-due-retiring-boomers

Excerpt:

The labor force is made up of the employed and the unemployed, 16 years old or older. The remainder—those who have no job and are not looking for one—are counted as "not in the labor force".

The chart below shows the rising numbers of those not in the labor force and the acceleration since 2000.

The source of the accelerating growth in the "not in labor force" has shifted from 100%+(net) coming from among the 55+yr/olds (moving from the work force into retirement) to the current split of only 65% from among the 55+ versus 35% from the core 16-54yr/old cohort.

The changing source of not in labor force is exactly opposite of the historical norm and opposite conventional wisdom.

It is also an economic cancer as these millions from among the 16-54 are not building job skills, savings, or self sufficiency. 

They will not be home buyers nor drive economic activity.  They will essentially be a lifelong societal burden.
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Offline Letsbereal

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26 Million Americans Are Now "Too Poor To Shop" Study Finds
« Reply #22 on: July 09, 2016, 08:33:23 AM »
26 Million Americans Are Now "Too Poor To Shop" Study Finds
8 July 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-07-08/26-million-americans-are-now-too-poor-shop-study-finds


I think there something wrong with these numbers because 95 Millon Americans Not In The Labor Force while 26 Million Americans Are Now "Too Poor To Shop"? That doesn't fit at all.
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Offline Letsbereal

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People Not In Labor Force Surge By 425,000 To 94,609,000
« Reply #23 on: November 04, 2016, 09:41:59 AM »
People Not In Labor Force Surge By 425,000 To 94,609,000
4 November 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-11-04/people-not-labor-force-surge-425000-94609000

NYC Homelessness Surges To The "Highest Levels Since The Great Depression"
3 November 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-11-03/nyc-homelessness-surges-highest-levels-great-depression
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Offline Letsbereal

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In Which States Has Food-Stamp Use Increased The Most
« Reply #24 on: November 22, 2016, 09:17:55 PM »
In Which States Has Food-Stamp Use Increased The Most
22 November 2016
, by Ryan McMaken - The Mises Institute (Zero Hedge)
http://www.zerohedge.com/news/2016-11-22/heres-where-food-stamp-use-has-increased-most
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Offline Letsbereal

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Global Wealth Update: 0.7% Of Adults Control $116.6 Trillion In Wealth
« Reply #25 on: November 23, 2016, 09:31:10 AM »
Global Wealth Update: 0.7% Of Adults Control $116.6 Trillion In Wealth
22 November 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-11-22/global-wealth-update-07-adults-hold-1166-trillion-net-assets

Generational Wealth Transfers Create 1,700 New Millionaires A Day As Middle Class Continues To Suffer
21 November 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-11-21/generational-wealth-transfers-create-1700-new-millionaires-day-middle-class-continue
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Offline Letsbereal

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60% Of New Yorkers Are One Paycheck Away From Homelessness
« Reply #26 on: November 27, 2016, 09:38:21 PM »
60% Of New Yorkers Are One Paycheck Away From Homelessness
27 November 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-11-27/60-new-yorkers-are-one-paycheck-away-homelessness
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Offline Geolibertarian

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Re: 60% Of New Yorkers Are One Paycheck Away From Homelessness
« Reply #27 on: November 27, 2016, 11:50:00 PM »
Quote
http://www.zerohedge.com/news/2016-11-27/60-new-yorkers-are-one-paycheck-away-homelessness

http://www.businessweek.com/articles/2013-12-09/harvard-study-finds-the-rent-is-too-damn-high

Harvard Study Finds: The Rent Is Too Damn High

By Peter Coy
Businessweek
December 09, 2013

If you can’t afford to own, you can rent. But what if you can’t afford to rent, either? Millions of Americans are in precisely that situation, according to a study released today by the Joint Center for Housing Studies of Harvard University. The availability of apartments, especially cheaper ones, hasn’t nearly kept up with demand, and the problem has worsened since the 2007-09 recession, the study says.

“In 1960, about one in four renters paid more than 30 percent of income for housing. Today, one in two are cost burdened,” according to the study, America’s Rental Housing.

“Cost-burdened” means you’re paying more than 30 percent of income for housing and “severely cost-burdened” means you’re paying more than half. “By 2011, 28 percent of renters paid more than half their incomes for housing, bringing the number with severe cost burdens up by 2.5 million in just four years, to 11.3 million,” according to the Harvard study, which was conducted with partial funding from the MacArthur Foundation.

The boom in housing prices made ownership unaffordable for many families, and the subsequent bust forced others into foreclosure. You would think that all of those foreclosed homes would make great rental properties, and they have. “Remarkably,” though, the study says, “soaring demand was more than enough to absorb the 2.7 million single-family homes that flooded into the rental market after 2007.”

The result of the spike in rental demand is a seller’s market: “From a record high of 10.6 percent in 2009, the vacancy rate turned down in 2010 and has continued to slide, averaging 8.4 percent in the first three quarters of 2013.”

As usual, the pinch is hardest on the poor, those with incomes under $15,000 a year who pay at least half their incomes on rent. “With little else in their already tight budgets to cut, these renters spend about $130 less on food—a reduction of nearly 40 percent relative to those without burdens.”

[Continued...]


http://www.rawstory.com/2015/05/you-cant-rent-a-one-bedroom-apartment-anywhere-in-america-on-a-minimum-wage-job/

You can’t rent a one-bedroom apartment anywhere in America on a minimum-wage job

JIN ZHAO
The Raw Story
May 30, 2015


Hours needed at minimum wage to afford a one-bedroom apartment (National Low-Income Housing Coalition)

A new report by the National Low-Income Housing Coalition shows that there is no state in the U.S. where a full-time, minimum-wage worker can afford the rent of a one-bedroom apartment, Vox reports.

According to the report, the national average Housing Wage in 2015 is $19.35 for a two-bedroom unit, and $15.50 for a one-bedroom unit, while the federal minimum wage remains at $7.25 per hour in 2015, which hasn’t been raised since 2009. In 13 states and D.C., Housing Wage is more than $20 per hour. The Housing Wage is an estimate of the full-time hourly wage that a household must earn to afford a decent apartment at HUD’s estimated Fair Market Rent (FMR) for no more than 30% of their income.

The data from the report show a gap between wages and rents across the country. In no state or D.C. can a full-time minimum-wage earning worker at the federal minimum wage afford a one- or two-bedroom apartment for his or her family. With the exception of just a few counties in Washington and Oregon (where the state minimum wage is $9.47 and $9.25, respectively), in no county in the U.S. a one-bedroom unit at the FMR is affordable to someone working 40 hours a week at the minimum wage, according to the report.

[Continued...]

--------------------------------

https://www.youtube.com/watch?v=7HZANYxnkWk (Why is the rent so high?)
"Abolish all taxation save that upon land values." -- Henry George

"If our nation can issue a dollar bond, it can issue a dollar bill." -- Thomas Edison

http://schalkenbach.org
http://www.monetary.org
http://forum.prisonplanet.com/index.php?topic=203330.0

Offline Geolibertarian

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Re: 60% Of New Yorkers Are One Paycheck Away From Homelessness
« Reply #28 on: November 28, 2016, 12:00:02 AM »
Despite unprecented levels of labor-saving technology and aggregate wealth, the privilege-induced rent-wage gap continues to paradoxically create the deepest levels of poverty precisely where wealth most abounds -- just as Henry George said it would:

-----------------------------------

http://www.prisonplanet.com/new-yorks-homelessness-worst-since-the-great-depression.html

New York’s Homelessness Worst Since The Great Depression

Zero Hedge
March 6, 2013

State and local governments nationwide have struggled to accommodate a homeless population that has changed in recent years – now including large numbers of families with young children. As the WSJ reports, more than 21,000 children – an unprecedented 1% of the city’s youth – slept each night in a city shelter in January, an increase of 22% in the past year; as homeless families now spend more than a year in a shelter, on average, for the first time since 1987. New York City has seen one of the steepest increases in homeless families in the past decade, advocates said, growing 73% since 2002, and “is facing a homeless crisis worse than any time since the Great Depression.

Homeless advocates said the Obama administration has focused on more visible problems, such as those sleeping on the streets, taking resources away from families. The steep rise has reignited questions about whether New York’s economic turnaround of the past two decades has helped the city’s poorest residents as they note (despite today’s Dow record highs), “the economy is nowhere near where it was.

The blame apparently lies at the cessation of ‘entitlements’ as the DHS adds, since the end – in Spring 2011 – of a state-funded program that subsidized rent for people leaving shelters; homeless families have gone up 35%; but they also added that the city was working to find employment for the homeless, “a long-term solution.” Boston and Washington DC are also seeing homeless numbers surge.



Via WSJ,

[Continued...]


http://www.nytimes.com/2013/09/18/nyregion/in-new-york-having-a-job-or-2-doesnt-mean-having-a-home.html?pagewanted=all&_r=0

In New York, Having a Job, or 2, Doesn’t Mean Having a Home

By MIREYA NAVARRO
The New York Times
September 17, 2013

On many days, Alpha Manzueta gets off from one job at 7 a.m., only to start her second at noon. In between she goes to a place she’s called home for the last three years — a homeless shelter.

“I feel stuck,” said Ms. Manzueta, 37, who has a 2 ½-year-old daughter and who, on a recent Wednesday, looked crisp in her security guard uniform, waving traffic away from the curb at Kennedy International Airport. “You try, you try and you try and you’re getting nowhere. I’m still in the shelter.”

With New York City’s homeless population in shelters at a record high of 50,000, a growing number of New Yorkers punch out of work and then sign in to a shelter, city officials and advocates for the homeless say. More than one out of four families in shelters, 28 percent, include at least one employed adult, city figures show, and 16 percent of single adults in shelters hold jobs.

Mostly female, they are engaged in a variety of low-wage jobs as security guards, bank tellers, sales clerks, computer instructors, home health aides and office support staff members. At work they present an image of adult responsibility, while in the shelter they must obey curfews and show evidence that they are actively looking for housing and saving part of their paycheck.

Advocates of affordable housing say that the employed homeless are proof of the widening gap between wages and rents — which rose in the city even during the latest recession — and, given the shortage of subsidized housing, of just how difficult it is to escape the shelter system, even for people with jobs.

“A one-bedroom in East New York or the South Bronx is still $1,000 a month,” said Patrick Markee, senior policy analyst with the Coalition for the Homeless, an advocacy and housing services group. “The jobs aren’t enough to get people out of homelessness.”

[Continued...]

-----------------------------------

And what does the Keynesian-dominated "Left" propose as a solution? To implement still more cosmetic reforms that, as such, only perpetuate the failed and morally bankrupt policy of taxing the privately-created values of labor and capital to death while leaving the publicly-created location value of land comparatively untaxed, even though that's the very anti-Georgist tax policy that created this mess in the first place!

And what does the Austrian-dominated "Right" propose as a solution? To make publicly-created land values even more privatized than they already are, even though this will not only make the rent-wage gap even wider than it already is -- and thereby make the society-destroying wealth-and-income gap even wider than it already is -- but force governments to rely even more on job- and small business-destroying taxes on labor and capital than they do now!



How much more ridiculously concentrated must wealth and income become in the hands of a privileged few before a critical mass of people finally awaken to the fact that Democrat-vs.-Republican is not the only "false paradigm"?
"Abolish all taxation save that upon land values." -- Henry George

"If our nation can issue a dollar bond, it can issue a dollar bill." -- Thomas Edison

http://schalkenbach.org
http://www.monetary.org
http://forum.prisonplanet.com/index.php?topic=203330.0

Offline TahoeBlue

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Re: 60% Of New Yorkers Are One Paycheck Away From Homelessness
« Reply #29 on: November 28, 2016, 02:25:56 PM »
Despite unprecented levels of labor-saving technology and aggregate wealth, the privilege-induced rent-wage gap continues to paradoxically create the deepest levels of poverty precisely where wealth most abounds -- just as Henry George said it would:

Yes I can just see Rothschild and Soros flying the Helo's distributing cash to the unemployed uneducated masses ..

Behold, happy is the man whom God correcteth: therefore despise not thou the chastening of the Almighty: For he maketh sore, and bindeth up: he woundeth, and his hands make whole ; He shall deliver thee in six troubles: yea, in seven there shall no evil touch thee. - Job 5

Offline Geolibertarian

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Re: 60% Of New Yorkers Are One Paycheck Away From Homelessness
« Reply #30 on: November 28, 2016, 02:58:59 PM »
Yes I can just see Rothschild and Soros flying the Helo's distributing cash to the unemployed uneducated masses ..

I'm afraid you lost me. What does that have to do with what I posted above?
"Abolish all taxation save that upon land values." -- Henry George

"If our nation can issue a dollar bond, it can issue a dollar bill." -- Thomas Edison

http://schalkenbach.org
http://www.monetary.org
http://forum.prisonplanet.com/index.php?topic=203330.0

Offline TahoeBlue

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Re: 60% Of New Yorkers Are One Paycheck Away From Homelessness
« Reply #31 on: November 28, 2016, 03:09:43 PM »
60% Of New Yorkers Are One Paycheck Away From Homelessness
...
I'm afraid you lost me. What does that have to do with what I posted above?

geez who is the NY Fed?

http://www.veteranstodaymoney.com/2015/08/ny-state-factory-activity-tumbles-to-lowest-since-2009/



Behold, happy is the man whom God correcteth: therefore despise not thou the chastening of the Almighty: For he maketh sore, and bindeth up: he woundeth, and his hands make whole ; He shall deliver thee in six troubles: yea, in seven there shall no evil touch thee. - Job 5

Offline Geolibertarian

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Re: 60% Of New Yorkers Are One Paycheck Away From Homelessness
« Reply #32 on: November 28, 2016, 03:15:29 PM »
geez who is the NY Fed?

Ah, ok. Now I see the connection. Sorry, dude, I'm not a mind-reader. That's why I asked.  8)

I'd actually be very interested to know who the majority stockholders of the New York Fed currently are.

It's time to start naming names.
"Abolish all taxation save that upon land values." -- Henry George

"If our nation can issue a dollar bond, it can issue a dollar bill." -- Thomas Edison

http://schalkenbach.org
http://www.monetary.org
http://forum.prisonplanet.com/index.php?topic=203330.0

Offline TahoeBlue

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Re: 60% Of New Yorkers Are One Paycheck Away From Homelessness
« Reply #33 on: November 28, 2016, 03:21:29 PM »
Ah, ok. Now I see the connection. Sorry, dude, I'm not a mind-reader. That's why I asked.  8)

I'd actually be very interested to know who the majority stockholders of the New York Fed currently are.

It's time to start naming names.

FedRES : These were the "winners" Robber barons of the early 1900's Rockefeller Carnegie Astor Mellon etc ( plus Rothschild   and shareholders of Bof England) via proxy's  :

Primarily first most to form the financing  of WWI  ( 10 billion loaned to the "allied powers" ) which was to be repaid in 1930 but that didn't happen ,. resulting in the depression of 1929 ...  This I documented in another post ( link when I locate the link)

see:


https://en.wikipedia.org/wiki/Bankers_Trust
Bankers Trust was a historic American banking organization. The bank merged with Alex. Brown & Sons before being acquired by Deutsche Bank in 1998.
...
Bankers Trust Company was incorporated on March 24, 1903, with an initial capital of $1.5 million. Despite technically having numerous stockholders, the voting power was held by three associates of J.P. Morgan. Thus, it was widely viewed as a Morgan company. J. P. Morgan himself held a controlling interest, and Edmund C. Converse, a steel manufacturer turned financier and then president of Liberty National Bank, was chosen to serve as Bankers Trust's first president.

Bankers Trust quickly grew to be the second largest U.S. trust company and a dominant Wall Street institution. During the Panic of 1907, Bankers Trust worked closely with J.P. Morgan to help avoid a general financial collapse by lending money to sound banks. In 1911 it acquired the Mercantile Trust Company and a year later the Manhattan Trust Company. In 1914 Converse resigned to become president of Astor Trust Company, another Morgan company. He was succeeded by his son-in-law Benjamin Strong Jr.. Strong served as president for less than a year, leaving Bankers Trust to become the first governor of the Federal Reserve Bank of New York after helping to establish the Federal Reserve System. In October 1917 the company became a member of the Federal Reserve system.

Behold, happy is the man whom God correcteth: therefore despise not thou the chastening of the Almighty: For he maketh sore, and bindeth up: he woundeth, and his hands make whole ; He shall deliver thee in six troubles: yea, in seven there shall no evil touch thee. - Job 5

Offline TahoeBlue

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Re: 95 Million Americans Not In The Labor Force!
« Reply #34 on: November 30, 2016, 11:52:12 AM »
here's a good article on fedres "OWNERS" :

http://humansarefree.com/2015/06/the-federal-reserve-cartel-rothschild.html
...

This information is guarded much more closely. My queries to bank regulatory agencies regarding stock ownership in the top 25 US bank holding companies were given Freedom of Information Act status, before being denied on “national security” grounds. This is rather ironic, since many of the bank’s stockholders reside in Europe.

 One important repository for the wealth of the global oligarchy that owns these bank holding companies is US Trust Corporation – founded in 1853 and now owned by Bank of America.

 A recent US Trust Corporate Director and Honorary Trustee was Walter Rothschild. Other directors included Daniel Davison of JP Morgan Chase, Richard Tucker of Exxon Mobil, Daniel Roberts of Citigroup and Marshall Schwartz of Morgan Stanley. [2]

 J. W. McCallister, an oil industry insider with House of Saud connections, wrote in The Grim Reaper that information he acquired from Saudi bankers cited 80% ownership of the New York Federal Reserve Bank- by far the most powerful Fed branch- by just eight families, four of which reside in the US.

 They are the Goldman Sachs, Rockefellers, Lehmans and Kuhn Loebs of New York; the Rothschilds of Paris and London; the Warburgs of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome.

 CPA Thomas D. Schauf corroborates McCallister’s claims, adding that ten banks control all twelve Federal Reserve Bank branches.

 He names N.M. Rothschild of London, Rothschild Bank of Berlin, Warburg Bank of Hamburg, Warburg Bank of Amsterdam, Lehman Brothers of New York, Lazard Brothers of Paris, Kuhn Loeb Bank of New York, Israel Moses Seif Bank of Italy, Goldman Sachs of New York and JP Morgan Chase Bank of New York. Schauf lists William Rockefeller, Paul Warburg, Jacob Schiff and James Stillman as individuals who own large shares of the Fed. [3]

The Schiffs are insiders at Kuhn Loeb. The Stillmans are Citigroup insiders, who married into the Rockefeller clan at the turn of the century.

 Eustace Mullins came to the same conclusions in his book The Secrets of the Federal Reserve, in which he displays charts connecting the Fed and its member banks to the families of Rothschild, Warburg, Rockefeller and the others. [4]

| - - -

AS AN ASIDE THE Vatican PUTS IT'S MONEY WITH THE SAME PEOPLE ,,, So who is a front for whom?


http://humansarefree.com/2012/03/christian-church-is-biggest-financial.html

...

The Vatican has large investments with the Rothschilds of Britain, France and America, with the Hambros Bank, with the Credit Suisse in London and Zurich. In the United States it has large investments with the Morgan Bank, the Chase-Manhattan Bank, the First National Bank of New York, the Bankers Trust Company, and others.

The Vatican has billions of shares in the most powerful international corporations such as Gulf Oil, Shell, General Motors, Bethlehem Steel, General Electric, International Business Machines, T.W.A., etc.” (...)

....

The Vatican’s treasure of solid gold has been estimated by the United Nations World Magazine to amount to several billion dollars. A large bulk of this is stored in gold ingots with the U.S. Federal Reserve Bank, while banks in England and Switzerland hold the rest.

see: http://arcticbeacon.com/books/Eustace_Mullins-SECRETS_of_the_Federal_Reserve_Bank.pdf
Behold, happy is the man whom God correcteth: therefore despise not thou the chastening of the Almighty: For he maketh sore, and bindeth up: he woundeth, and his hands make whole ; He shall deliver thee in six troubles: yea, in seven there shall no evil touch thee. - Job 5

Offline Letsbereal

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Re: 95 Million Americans Not In The Labor Force!
« Reply #35 on: November 30, 2016, 06:54:08 PM »
A Tale Of Two Job Markets (Or Why The Elites Couldn't See A Trump Win Coming)
30 November 2016
, by The Economic Cycle Research Institute (Zero Hedge)
http://www.zerohedge.com/news/2016-11-30/tale-two-job-markets

The Last Ride Of The Unemployment Rate
30 November 2016
, by Jeffrey Snider - Alhambra Investment Partners (Zero Hedge)
http://www.zerohedge.com/news/2016-11-30/last-ride-unemployment-rate
->>>|:-) THE CITY INDIANS (-:|<<<-

Offline Letsbereal

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Who Still Lives At Home With Their Parents?
« Reply #36 on: December 02, 2016, 01:20:08 AM »
Who Still Lives At Home With Their Parents?
1 December 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-12-01/who-still-lives-home-their-parents
->>>|:-) THE CITY INDIANS (-:|<<<-

Offline Letsbereal

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Americans Not In The Labor Force Soar To Record 95.1 Million: Jump By 446,000
« Reply #37 on: December 02, 2016, 07:05:12 PM »
Americans Not In The Labor Force Soar To Record 95.1 Million: Jump By 446,000 In One Month
2 December 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-12-02/americans-not-labor-force-soar-record-951-million-surge-446000-one-month



Multiple Jobholders Hit New All Time High As Part-Time Jobs Soar
2 December 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-12-02/multiple-jobholders-hit-new-record-high-part-time-jobs-soar
->>>|:-) THE CITY INDIANS (-:|<<<-

Offline Letsbereal

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Fed Labor Market Conditions Index Contracts For 5th Straight Month
« Reply #38 on: December 05, 2016, 12:50:20 PM »
Fed Labor Market Conditions Index Contracts For 5th Straight Month
5 December 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-12-05/fed-labor-market-conditions-index-contracts-5th-straight-month
->>>|:-) THE CITY INDIANS (-:|<<<-

Offline Letsbereal

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America Has Unofficially Declared War On The Homeless
« Reply #39 on: December 24, 2016, 04:59:37 PM »
America Has Unofficially Declared War On The Homeless
24 December 2016
, by by Josie Wales - The Anti Media (Zero Hedge)
http://www.zerohedge.com/news/2016-12-24/america-has-unofficially-declared-war-homeless

Top Ex-White House Economist Admits 94% Of All New Jobs Under Obama Were Part-Time
23 December 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time
->>>|:-) THE CITY INDIANS (-:|<<<-