Report: Nearly One In Five Americans Have No Money to Put Food on the Table

[Twisted Titan]

While economists, government officials, and mainstream media experts argue about whether a recovery is finally taking hold, the evidence on the ground provides a clear insight about where the country is headed.

A nationwide Gallup survey involving 177,000 U.S. adults proves what many contrarians have been screaming for some time: For most Americans there is no recovery.

After having lost 40% of their wealth (http://www.shtfplan.com/headline-news/vaporized-americans-wealth-collapses-40-over-last-three-years_06122012), millions of jobs, their homes, and with prices in all key commodity groups like food and energy rising consistently, our current economic conditions feel more like a depression than anything remotely resembling a recovery.
According to the new survey, nearly one in five Americans report that there has been at least one time in the last 12 months when they did not have enough money to buy the food they or their families needed. In some parts of the country it’s even worse.


In 15 states, at least one in five Americans say they struggled to afford the food they needed at least once during the past 12 months. Nationwide, 18.2% of Americans so far in 2012 say there have been times when they could not afford the food they needed, on par with the 18.6% who had trouble affording food in 2011.

http://shtfplan.com/wp-content/uploads/2012/08/gallups-mostlikelytostruggle.gifWith nutritional food assistance benefits averaging of about $500 for a family in need, the 48.5 million Americans on food stamps and the additional 50 million receiving some other form of government welfare or safety net distribtion (http://www.thedailysheeple.com/more-than-100-million-americans-are-on-welfare_082012) may soon find themselves in an even greater struggle.

The culprit? Rising prices everywhere. Essential goods like food and gas are a significant driving factor, especially as more and more Americans lose their jobs or jobless benefits. While the Federal Reserve continues to expand the money supply and population growth in emerging markets puts further demand on global resource availability, the only direction for prices to go is up. Coupled with the worst drought in 50 years things may get even worse for Americans next year.

[palani]

Roosevelt did away with money in 1933. People have been doing without it for many years.

[Hatha Sunahara]

This may be one of the reasons DHS is buying so much ammunition.

A billion bullets for 50 million useless eaters. The savings on the food stamps would pay for all the bullets, and then some. It's just business, as the Mafia hit men would say.


Hatha

[Uncle Salty]

Roosevelt did away with money in 1933. People have been doing without it for many years.

I would respectfully disagree.

Money has three aspects. Unit of account. Check. FRN's do that. Medium of exchange. Check. FRN's do that. Store of Value. FRN's fail miserably in that respect.

So, FDR did away with one aspect of money, not all three. Yeah, he severed the link with gold, but a fixed gold standard is a terribly flawed system to begin with and ultimately it has to fail as well as printing outpaces the gold. Gold needs to float against fiat not be a fixed value.

[palani]

I would respectfully disagree.

Money has three aspects. Unit of account. Check. FRN's do that. Medium of exchange. Check. FRN's do that. Store of Value. FRN's fail miserably in that respect.
You consider money to be equivalent to a tripod yet think a bipod performs the same function?



So, FDR did away with one aspect of money, not all three. Yeah, he severed the link with gold, but a fixed gold standard is a terribly flawed system to begin with and ultimately it has to fail as well as printing outpaces the gold. Gold needs to float against fiat not be a fixed value.
You may only buy something with something that belongs to you. If a FRN belongs to you then you could stand on the steps of the courthouse in full public view and light a match to one. The fact that this action is criminal should be enough to inform you that you lack ownership.

[midnight rambler]

I would respectfully disagree.

Money has three aspects. Unit of account. Check. FRN's do that. Medium of exchange. Check. FRN's do that. Store of Value. FRN's fail miserably in that respect.

So, FDR did away with one aspect of money, not all three. Yeah, he severed the link with gold, but a fixed gold standard is a terribly flawed system to begin with and ultimately it has to fail as well as printing outpaces the gold. Gold needs to float against fiat not be a fixed value.

It is sheer lunacy to think one can pay* a debt with a debt (on its face the FRN is a debt plain as day).

*to 'pay' a debt means to extinguish the debt (there is a clear distinction between 'paying' a debt and 'discharging' a debt) - this is irrefutable, except of course to the infants, idiots, and imbeciles of the world

[Uncle Salty]

You consider money to be equivalent to a tripod yet think a bipod performs the same function?

The world agrees that there are three functions to money. Do you have more? Are there less? As to my solution, show me how it does not work.



You may only buy something with something that belongs to you. If a FRN belongs to you then you could stand on the steps of the courthouse in full public view and light a match to one. The fact that this action is criminal should be enough to inform you that you lack ownership.

It may be criminal (show me the statute). Where did I say I owned currency?

[Uncle Salty]

It is sheer lunacy to think one can pay* a debt with a debt (on its face the FRN is a debt plain as day).

*to 'pay' a debt means to extinguish the debt (there is a clear distinction between 'paying' a debt and 'discharging' a debt) - this is irrefutable, except of course to the infants, idiots, and imbeciles of the world

I agree. Where did I say you could extinguish debt with debt?

[Skirnir_]

It looks like Paloony derailed yet another thread. Who is more to blame: the derailer, or those who permitted the thread to be derailed? How might we prevent these antics in the future?

[BrewTech]

It looks like Paloony derailed yet another thread. Who is more to blame: the derailer, or those who permitted the thread to be derailed? How might we prevent these antics in the future?

Palani makes folks think. That's the point of a discussion forum. It doesn't really matter if he is "right" or "wrong" about any given subject, as long as he brings something worth considering, which is more than I can say for myself most times.

[Skirnir_]

Palani makes folks think.

Fuck that. His posts are sovereign mythological garbage, and his antics would less noisome if they were confined to those few threads he starts. I've gone ahead and ignored him.

[midnight rambler]

The world agrees that there are three functions to money.

There are actually six characteristics of money -

Durability, portability, divisibility, uniformity, limited supply, and acceptability.

[palani]

The world agrees that there are three functions to money.
Am I to take your word for this? Do you speak for the world?

Do you have more?
You might consider "money of exchange" as opposed to "money of account". Beyond that you might check here http://www.constitution.org/bouv/bouvier_m.htm under "money"

As to my solution, show me how it does not work. If you think a bipod performs as a tripod try cooking stew on one over an open fire.

It may be criminal (show me the statute).
http://en.wikipedia.org/wiki/Money_burning
http://en.wikipedia.org/wiki/Money_burning

Where did I say I owned currency?
Are you saying you do not purchase your daily bread? What do you use to do so?

[palani]

It looks like Paloony derailed yet another thread. Who is more to blame: the derailer, or those who permitted the thread to be derailed? How might we prevent these antics in the future?
Your post is a thread derail.

[palani]

Fuck that.
Truly a "head up ass" comment.


His posts are sovereign mythological garbage, and his antics would less noisome if they were confined to those few threads he starts. Are you attempting to discuss posts or antics? Noisome? Do you hear sounds from your computer? Should I silently accept statements intended to misinform or does the membership agreement permit me a rational response?


I've gone ahead and ignored him.
Silence is acceptance ... glad you agree.

[mick silver]

i would bet those numbers are low .

[Shami-Amourae]

Pic related:
https://images.encyclopediadramatica.se/e/e6/Shieet_nigga.jpg

Just wanted an excuse to post this. :p

[Ponce]

Of those who "cannot" put food on the table how many are really going to McDonald to eat?.....if the would actually put food on the table that they cook then there would be plenty of food on the table.......besides, American are getting to fat....a force diet could be the best thing for their health......................hummmmmmmmm, I wonder how much I weight........ahhhhh 165 lbs just right.........I am on a force diet, that freaking dog keeps stealing my food.

[joboo]

In some of those states 6000 calories a day per adult is probably considered food on the table.

Shit, who can afford that?