View Our Social Network --- Find David on Facebook --- Follow David on Twitter --- Subscribe to RSS--- Email David ------
David DeGraw header image 1

Middle Class Death Watch: As Poverty Spreads, 28% of Americans Who Were Part of the Middle Class Have Fallen Out of It

September 15th, 2011 · Economy, Hotlist

Cross-posted from AmpedStatus.com

Editor’s Note: This is our first Middle Class Death Watch roundup. Building off of our extensive report on the financial destruction of the United States, this will be a regular feature moving forward. Here we present a collection of news reports from the past two weeks detailing the collapse of the middle class.

Overall Snapshot

Middle-Class Americans Often Fall Down Economic Ladder: Study – nearly a third of Americans who were part of the middle class have fallen out of it

>> Read full post...

Over 56 Million Americans Live in Poverty – How Census Bureau Propaganda Ignores the Suffering of 10 Million Impoverished Americans

September 15th, 2011 · Comedy, Hotlist

Cross-posted from AmpedStatus.com

Over 56 Million Americans Live in PovertyHere we go again. The government and corporate media are pumping out more propaganda on vital economic statistics to mask the severity of our economic crisis. Deceptive unemployment, GDP, inflation and poverty measures are easily exposed with some research and a closer look at the data. The latest deception comes from the Census Bureau in their annual poverty report, which is now uncritically being “reported” on throughout the corporate media and echoing throughout online news outlets as well.

The new Census data reveals that a stunning 46.2 million Americans, 15.1% of the population, lived in poverty in 2010. This is an increase of 2.6 million people since 2009. While these are staggering statistics that represent the highest number of American people to ever live in poverty, and a dramatic year-over-year increase, it significantly undercounts the total.

>> Read full post...

The Richest 0.1% Have Launched A War On Us – It’s Time To Fight Back And Hold These 400 Billionaires Personally Responsible For Our Economic Crisis

September 15th, 2011 · Activism, Economy, Hotlist, Politics & Government

Cross-posted from AmpedStatus.com

Editor’s Note: The following post includes adapted excerpts from David DeGraw’s book, “The Road Through 2012: Revolution or World War III.” Release Date: 9.28.11

We have endured financial oppression for long enough. In a time of national crisis and shared sacrifice, the richest one-tenth of one percent of the population cannot continue on their merry way, living in obscene wealth and detached from reality, while the majority of the population desperately struggles to make ends meet. We are under attack, and it’s time to fight back.

I work over 60 hours a week and still barely make ends meet. Increased costs of living and thousands of dollars in medical bills have made me and my family move three times in the past three years to downsize and cut living expenses. I’m certainly not alone in this dire economic situation, tens of millions of Americans are fighting this daily war to keep their family fed and healthy with a roof over their head.

>> Read full post...

Full-Blown Civil War Erupts On Wall Street: As Reality Finally Hits The Financial Elite, They Start Turning On Each Other

September 15th, 2011 · Economy, Hotlist

Cross-posted from AmpedStatus.com

Full-Blown Civil War Erupts On Wall Street: As Reality Finally Hits The Financial Elite, They Turn On Each OtherFinally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and as the US economy grinds to a halt, the financial elite are starting to turn on each other. The lawsuits are piling up fast. Here’s an extensive roundup:

As I reported last week:

Collapse Roundup #5: Goliath On The Ropes, Big Banks Getting Hit Hard, It’s A “Bloodbath” As Wall Street’s Crimes Blow Up In Their Face

Time to put your Big Bank shorts on! Get ready for a run… The chickens are coming home to roost… The Global Banking Cartel’s crimes are being exposed left & right… Prepare for Shock & Awe…

Well, well… here’s your Shock & Awe:

>> Read full post...

Extreme Weather Roundup: Severe Flooding To Hit Gulf Coast; Texas On Fire; Earthquakes Hit Alaska & Argentina; Vast Ice Island To Break Off; BP Deepwater Horizon Site Leaking Again

September 15th, 2011 · Environment, Hotlist

Cross-posted from AmpedStatus.com

Tropical storm Lee threatens severe flooding in Alabama, Louisiana, and Mississippi

Tropical Storm Lee now has winds approaching 60 miles per hour. Louisiana has heavy rain, and authorities warn of flooding in Alabama and Mississippi as well. States of emergency have been declared.

A tropical storm moving toward the Gulf Coast is predicated to bring massive flooding to Alabama, Louisiana, and Mississippi this weekend, particularly in New Orleans where up to 20 inches of rain is expected. Tropical Storm Lee will hit southwest Louisiana by Saturday afternoon. The storm is moving southwest of the Mississippi River with maximum sustained winds approaching 60 miles per hour. Flash flood warnings are in effect, covering Mississippi to Texas. A tropical storm warning is also in effect along the coast, stretching from the Alabama-Florida border to the Sabine Pass in Texas. [read more]

>> Read full post...
← Previous Entries
Next Entries →
---
Follow Me:
Facebook
Twitter
Youtube
LinkedIn
AmpedStatus
Grab This


Get David's Email Newsletter via AmpedStatus - Subscribe Here.

>> Full Archive of David DeGraw's Reports







David DeGraw's Recent Posts

Economic Elite Vs. The People: 99% Movement Call to Action Two Year Anniversary Book Release

Occupy the Constitution: Get Money Out of Politics!

Welcome to the Revolution: Life @ OccupyWallStreet’s Liberty Park

Report from the Frontlines: The Long Road to #OccupyWallStreet and the Origins of the 99% Movement

My Reporting on AmpedStatus.com

Middle Class Death Watch: As Poverty Spreads, 28% of Americans Who Were Part of the Middle Class Have Fallen Out of It

Over 56 Million Americans Live in Poverty – How Census Bureau Propaganda Ignores the Suffering of 10 Million Impoverished Americans

The Richest 0.1% Have Launched A War On Us – It’s Time To Fight Back And Hold These 400 Billionaires Personally Responsible For Our Economic Crisis

Full-Blown Civil War Erupts On Wall Street: As Reality Finally Hits The Financial Elite, They Start Turning On Each Other

Extreme Weather Roundup: Severe Flooding To Hit Gulf Coast; Texas On Fire; Earthquakes Hit Alaska & Argentina; Vast Ice Island To Break Off; BP Deepwater Horizon Site Leaking Again

BP Deepwater Horizon Site Leaking Again, Quickly Becoming A Massive Oil Slick

Ka-Boom! The Tweet That Launched A Thousand Ships: WikiLeaks Publicly Releases 250,000 Secret US Government Documents Without Any Redactions

Every Single Day $12 Million Tax Dollars Are Wasted On Private War Racket Contracts – Pentagon Propaganda Exposed

Don’t Call It A Comeback: Economy Off The Cliff Again – Nouriel Roubini (Video)

Sign of Things to Come: Riots in Milwaukee (Video)

Banana Republic USA: Meet the 25 CEOs Who Make More Than Their Companies Pay In Taxes

Time to ‘Pinochet’ Dick Cheney

How the Federal Reserve Robbed America (Video)

Guest Post By Billy Bragg: Stop Paying Your Taxes & Music Needs To Get Political Again

Buffett Doubles Down On Another Taxpayer Funded Bailout: Warren Buffett’s Hypocrisy Exposed – Part 2 of 99







-

Enlightened Citizens Unite!

As long as the economy and government are rigged by the top economic one-tenth of one percent, we will all lose. It's time to unite and fight back!

AmpedStatus is part of a decentralized movement that has two key goals:

1) Break up the "Too Big To Fail" banks and Federal Reserve.

2) End the system of political bribery (campaign finance, lobbying, revolving door.)

Unless we organize and take decisive action on these two core common ground issues, we will all suffer the consequences of our inaction.

Get Involved. As a first step, join the AmpedStatus Social Network.
-

CLICK HERE PLACE YOUR ADS



  • David DeGraw’s Reporting Has Been Featured on the Following Sites:

    • 321 Gold
    • A New Way Forward
    • After Downing Street
    • AlterNet
    • American Trial Lawyer
    • AmpedStatus
    • Axis of Logic
    • Black Listed News
    • Business Insider
    • BuzzFlash
    • Conscious Media Network
    • Consortium News
    • CounterPunch
    • Crooks & Liars
    • Daily Censored
    • Daily Paul
    • Dandelion Salad
    • Disinformation
    • Dissident Voice
    • Elite Trader
    • Financial Sense
    • Fire Dog Lake
    • For Our Economy
    • Free Forum with Terrence McNally
    • Global Research
    • God Like Productions
    • Grit TV
    • Huffington Post
    • Information Clearing House
    • InfoWars
    • Investor's Hub
    • Jeff Farias Show
    • John Pilger
    • Keiser Report
    • KPFK Pacifica Radio
    • Lew Rockwell
    • Liberty Tree
    • Market Oracle
    • Market Watch
    • MaxKeiser.com
    • MediaChannel
    • News Dissector
    • Our Future
    • Pacific Free Press
    • Peter B Collins Show
    • Phil's Stock World
    • Prison Planet
    • Progressive Radio
    • Prosperity Agenda
    • Puppet Gov
    • Raging Debate
    • Real News Network
    • Rebel News
    • Rense
    • Revolution Radio
    • Ring of Fire
    • Ritholtz – The Big Picture
    • RT America TV
    • Silver Bear Cafe
    • Smoking Mirrors
    • Solari
    • The Alyona Show
    • The Economic Collapse
    • The Examiner
    • The Gary Null Show
    • The Peoples Voice
    • The Public Record
    • The Survivalist Blog
    • Third World Traveler
    • Veterans Today
    • Washington's Blog
    • WBAI
    • What Really Happened
    • Zero Hedge
  • Archives

    • February 2012
    • December 2011
    • October 2011
    • September 2011
    • August 2011
    • July 2011
    • March 2011
    • January 2011
    • December 2010
    • November 2010
    • October 2010
    • September 2010
    • July 2010
    • June 2010
  • Search Site

  • Meta

    • Register
    • Log in
    • Entries RSS
    • Comments RSS
    • WordPress.org