Global Inequality Explodes: 26 Ultra-Wealthy Billionaires Now Have As Much Money As The Poorest 3.8 Billion People

If you add together all of the money owned by the poorest 3.8 billion people living on this planet, it would roughly equal the wealth controlled by the 26 wealthiest men in the world.  Oxfam has just issued a brand new report on global inequality, and what they have discovered is making headlines all over the globe.  The rich just keep getting richer, and meanwhile the slice of the pie owned by the poor just keeps getting smaller.  Today, almost half the world lives on less than $5.50 a day, and approximately 795 million people “do not have enough food”.  And even in a “wealthy country” like the United States, the gap between the rich and the poor is the largest that it has been since the 1920s, and more than half a million Americans are homeless right now.  This growing inequality is a ticking time bomb, and at some point it is going to explode. (Read More...)

U.S. Life Expectancy Is Falling – And The 2 Biggest Reasons Why Will Absolutely Stun You…

Life expectancy in the United States has been falling in recent years, and we haven’t seen a trend like this since the days of World War I.  When I was growing up, life expectancy was continually rising, and it was generally believed that it would keep rising for many decades to come.  But that hasn’t happened.  Instead, average life expectancy started to stall and now it has been declining.  You might assume that this is because rates of cancer, heart disease and diabetes are going up, but the numbers are telling a different story.  In fact, brand new numbers from the Centers for Disease Control and Prevention are telling us that life expectancy is going down in the United States because of a dramatic increase in drug overdoses and suicides(Read More...)

Poverty, Crime And Human Feces: The Worst Cities In America Are The Ones Being Run By Democrats

Is it just a coincidence that many of the greatest cities in America became poverty-infested hellholes once the Democrats took charge of things?  Detroit, Baltimore, Chicago, St. Louis, Philadelphia, Oakland and Memphis were all once great cities.  But after an extended period of control by the Democratic Party, each one of them has become a festering crisis that never seems to end.  I thought that I was going to do an article about Baltimore today, but it occurred to me that the exact same things that are happening in Baltimore are also happening in a multitude of other major cities, and the common theme among all of them is that the Democrats are in control.  But even though this is the case, voters in those cities just keep choosing Democrats election after election anyway. (Read More...)

Suicide, Crime, Unemployment And Poverty All Soar As The Economic Crisis In Alberta Accelerates

Canadian Flag - Public DomainThe nightmare that is currently unfolding up in Canada will soon be coming to the United States. When the price of oil first started crashing, most Americans and most Canadians applauded. Most people thought that lower gas prices would be really good for the economy. Well, it turns out that the exact opposite is true. Just like in the United States, the energy industry has been the primary engine for the growth of good paying jobs in Canada since the last recession. Up in Alberta, there was such a need for oil patch workers that even someone that had just recently graduated from high school could find an oil patch job that paid six figures during the boom times. Now the “boom” is turning into a “bust”, and huge numbers of those good paying jobs are being lost. As a result, suicide, crime, unemployment and poverty are all skyrocketing, and the mainstream media is telling us that “the worst is yet to come“. (Read More...)

Pocketbook Pain: The Rapidly Rising Cost Of Living Is Absolutely Killing The Middle Class In America

Pain In The WalletAll over America, the middle class is dying and poverty is on the rise.  One of the primary reasons for this is the rapidly rising cost of living in the United States.  The cost of just about everything that average families shell out money for on a regular basis – food, rent, health insurance, etc. – is rising much faster than wages are.  In a previous article I noted that the federal poverty level for a family of five is $28,410, but 51 percent of all American workers are making less than $30,000 a year at this point.  We have seen an explosion in the number of people in this country that are considered to be “the working poor” and it gets worse with each passing year. (Read More...)