BankruptingAmerica.org has a well done video detailing how and why the unemployment rate is much worse than the 9.7% we hear about in the news. Take a look:

Take the time to go to the www.BanktuptingAmerica.org web site, it’s worth the effort.

And the news just keeps getting better and better…..

Thanks to the idiots running things on capital hill it looks like it may be around 2020 before the job market recovers. In a recent article ar Investor’s Business Daily, alarming Labor Department information shows the current situation with jobs to be grim:

Employment bottomed in December 2009 at 129.588 million — two years after peaking at 137.951 million. At this year’s pace, the U.S. won’t recoup all those 8.36 million lost jobs* until March 2020 — 147 months after the December 2007 high.

Read all the details here – [LINK]

God help us all in the good old U.S.A. we’re going to need it. Do your part by Voting! Get out and vote out the Dumbocrats that are destroying this nation.

This will be our last, best chance to save ourselves from Obama’s “How to Kill Our Economy in Four Easy Steps“.

The ongoing vilification of the term capitalism really gets on my nerves.  People have locked in their minds a mythology defining it as large amoral companies feeding resources and/or people into it’s gaping maw for no other reason than it’s own continuance. However,  at least in my definition of things, that is in fact not capitalism but instead is actually Corporatism.

Once the United States was a flourishing capitalist nation of shopkeepers, skilled artisans, and farmers envied the world over. Increasingly over the last one hundred years corporate giants have crushed competitiveness, destroying small business and individuals who worked for themselves. Today citizens are enslaved to a system where the individual is lubrication for the corporate cogs driving big government.

Corporatism is defined (or re-defined depending on your viewpoint) as:

“Corporatism, also called “neo-corporatism”, is a term referring to tendencies in politics for legislators and administrations to be influenced or dominated by the interests of business enterprises, employers’ organizations, and industry trade groups. In this system government decisions are strongly influenced by which sorts of policies will lead to greater profits for favored companies.”