Jump to content



Photo

War on Poverty 50 years and $20 Trillion later


  • Please log in to reply
11 replies to this topic

#1 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,863 posts

Posted 08 January 2014 - 11:52 AM

The failure of The Great Society and The War on Poverty is now on clear display after a 50 year experiment.
Equality in the real world seems to mean: Making everybody equally poor.

Poverty reaches 50 year record.
Fifty years after President Johnson started a $20 trillion taxpayer-funded war on poverty, the overall percentage of impoverished people in the U.S. has declined only slightly and the poor have lost ground
Johnson’s speech in 1964 gave rise to Medicaid, Head Start and a broad range of other federal anti-poverty programs.
Although the president often rails against income inequality in America, his policies have had little impact overall on poverty. A record 47 million Americans receive food stamps, about 13 million more than when he took office.
The poverty rate has stood at 15 percent for three consecutive years, the first time that has happened since the mid-1960s. The poverty rate in 1965 was 17.3 percent; it was 12.5 percent in 2007, before the Great Recession.

President Obama’s anti-poverty efforts “are basically to give more people more free stuff.”
However poor people do things which make them poor.
So even if they win the lottery, more often than not, they will soon be bankrupt.

See: The "Great Society" Fails our children, families
Government programs have destroyed families and ripped apart the very fabric of society.

Edited by Rogerdodger, 08 January 2014 - 12:07 PM.


#2 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,863 posts

Posted 08 January 2014 - 11:16 PM

poor people do things which make them poor.

One of the surest gateways to poverty, courtesy of government policy:

CDC: 40.7% of Babies Born to Unmarried Women...

Edited by Rogerdodger, 08 January 2014 - 11:17 PM.


#3 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 12 January 2014 - 09:15 AM

Nothing surprises me anymore. They extinguished a viable class to explode the underclass population, and they want want the all but extinct viable class divorced or homosexual to boot. Pigs to the slaughter is all I can say. There was a famous quote about when the ruling class starts imitating the underclass is a turning point in the social collapse cycle.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#4 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 12 January 2014 - 10:09 AM

Roger there is one or two more demon mechanisms at work. , irs is a private foreign corporation, division of federal reserve, registered in puerto rico, I saw the corporate registration. when they want to bring 2T of new debt this year, they never brought with it, the new interest printed for that new debt, how do they extract a new amount of the treasury interest and dividend out of labor, when they never printed that interest and dividend but more exactly the never deposited it directly into possession of the taxed labor? Of course I just itemized one year, they never brought the new interest print into the hands of the labor, from who they will extract the interest on any of the existing fraud accumulated either. So when Johnson and Orwello create these labor tax spending frauds, they are fools playing to the invisible mass wealth transfer hand because they are federali schooled idiots created for that operation. I wouldn't even be surprised if orwello is a cia testube project created just for this mass wealth transfer operation because he is an idiot and a fool, you dont get that way by accident, it was planned. But anyway, their welfare model is their model to bring that never printed interest and dividend into the system as service on the principal, this way it does not get into the hands of labor who pays it and takes all the slaves down but it balances the account to put the interest and dividend into the system in the most destructive way. The interest is sort of in the public mind but they are specifically de-educated in financial math and wouldnt have clue, but for sure note how the federal reserve and irs owners dividend is never spoken in the cartoons.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#5 stocks

stocks

    Member

  • Traders-Talk User
  • 4,550 posts

Posted 26 January 2014 - 10:01 AM

Appalachia: The big white ghetto

In Appalachia, jobs have vanished, and people live for pills, soda pop, and welfare.
If the people here weren't 98.5 percent white, we'd call it a reservation.


THERE ARE LOTS of diversions in the Big White Ghetto, the vast moribund matrix of Wonder Bread–hued Appalachian towns and villages stretching from northern Mississippi to southern New York,

"The draw," the monthly welfare checks that supplement dependents' earnings, is poison.

It's a potent enough poison to catch the attention even of such people as those who write for The New York Times. Nicholas Kristof, visiting nearby Jackson, Ky., last year, was shocked by parents who were taking their children
out of literacy classes because the possibility of improved academic performance would threaten $700-a-month Social Security disability benefits, which increasingly are paid out for nebulous afflictions such as loosely defined learning disorders.

"This is painful for a liberal to admit," Kristof wrote, "but conservatives have a point when they suggest that America's safety net can sometimes entangle people in a soul-crushing dependency."


http://theweek.com/a...ig-white-ghetto
-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#6 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 26 January 2014 - 11:02 AM

Funnily, It might be what they want, same as county govts want prisons to harvest taxpayers with afghan production bringing in the goods, and guns, to populate the prisons, Consider this possibility or probability, it is how they print the missing units of debt interest, into existance, because they never printed the interest when they made the debt, this is how they balance the book.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#7 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,863 posts

Posted 26 January 2014 - 09:24 PM

"This is painful for a liberal to admit," Kristof wrote, "but conservatives have a point when they suggest that America's safety net can sometimes entangle people in a soul-crushing dependency."


Funnily, It might be what they want,


Codependency is often much stronger than drug dependency and often more destructive as the co-dependent "protects" the dependent from the natural consequences of his actions, forever crippling the dependent.
The feeling of importance and superiority over the "weak" and unproductive is better than that offered by any drug.

Defined:
Codependency refers to the dependence on the needs of, or control of, another.

In some ways it seems similar to Münchausen syndrome by proxy, which refers to the abuse of another person, typically a child, in order to seek attention for the abuser. It is an obsessive want to create symptoms for the victim in order to obtain repeated medication or even operations.

"Look at me and all of my sacrifices made for these pathetic people. I must be a wonderful person. Certainly I am superior."

Edited by Rogerdodger, 26 January 2014 - 09:37 PM.


#8 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 26 January 2014 - 10:21 PM

I am thinking monitarily going back to the Maloney secrets of money series part iv, mathematically they have to print into existence, the missing units of debt interest, so if they aren't doing it on warfare, they do it on welfare. But then you wonder why they dont do it like building high speed magnetic hover trains connecting cities in 30-45 minute trips employing millions. Why is that, well probably the airline industry waste and fraud. Or just print it and give it to industry to develop better processes and products to export and employ more people, they think that is what they do in the defense hardware, and then give the technology to bloodline member to monatize. There is so much convoluted beyond repair, they want it that way for another agenda, to make the people beg for anything, for whatever they are bringing, that has to be it. So there is some other evil design about all of it, no one is this stupid, it has to be evil.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#9 Lee48

Lee48

    Member

  • Traders-Talk User
  • 1,619 posts

Posted 28 January 2014 - 08:04 PM

Appalachia: The big white ghetto

In Appalachia, jobs have vanished, and people live for pills, soda pop, and welfare.
If the people here weren't 98.5 percent white, we'd call it a reservation.


THERE ARE LOTS of diversions in the Big White Ghetto, the vast moribund matrix of Wonder Bread–hued Appalachian towns and villages stretching from northern Mississippi to southern New York,

"The draw," the monthly welfare checks that supplement dependents' earnings, is poison.

It's a potent enough poison to catch the attention even of such people as those who write for The New York Times. Nicholas Kristof, visiting nearby Jackson, Ky., last year, was shocked by parents who were taking their children
out of literacy classes because the possibility of improved academic performance would threaten $700-a-month Social Security disability benefits, which increasingly are paid out for nebulous afflictions such as loosely defined learning disorders.

"This is painful for a liberal to admit," Kristof wrote, "but conservatives have a point when they suggest that America's safety net can sometimes entangle people in a soul-crushing dependency."


http://theweek.com/a...ig-white-ghetto

Some poor Appalachian people do pretty well living off the land. Did you ever have to wash your clothes in the creek? I didn't think so. Misty did that back in WV and now living in TN she seems to be doing better after stepping up to the fancy new Dasher washer.
On the other hand, the Feds always were the enemy when they come snooping around to bust someone. Might as well suck up their free dough and vote for the Dems.. :lol:


#10 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 28 January 2014 - 11:15 PM

They getting some more "automatic" help, orwell couldn't make this stuff up. from ZH: Earlier today we hinted at what was coming in "Obama To Unveil Treasury IRAs." Well, here it is, and it even has a catchy name. Presenting: the MyRA, and since it offers "guaranteed return and no risk" we now know where all the Fed's bond trades will go to work once QE ends. From the president: Let’s do more to help Americans save for retirement. Today, most workers don’t have a pension. A Social Security check often isn’t enough on its own. And while the stock market has doubled over the last five years, that doesn’t help folks who don’t have 401ks. That’s why, tomorrow, I will direct the Treasury to create a new way for working Americans to start their own retirement savings: MyRA. It’s a new savings bond that encourages folks to build a nest egg. MyRA guarantees a decent return with no risk of losing what you put in. And if this Congress wants to help, work with me to fix an upside-down tax code that gives big tax breaks to help the wealthy save, but does little to nothing for middle-class Americans. Offer every American access to an automatic IRA on the job, so they can save at work just like everyone in this chamber can... And just like that, the "automatic" continuity to the Fed's Quantitative Easing is ensured.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan