Slog
News & ArtsTuesday, March 5, 2013
City The Homeless Children of NYC
Posted by Charles Mudede on Tue, Mar 5, 2013 at 7:59 AM
WSJ:
More than 21,000 children—an unprecedented 1% of the city's youth—slept each night in a city shelter in January, an increase of 22% in the past year, the report said, while homeless families now spend more than a year in a shelter, on average, for the first time since 1987. In January, an average of 11,984 homeless families slept in shelters each night, a rise of 18% from a year earlier.Much of the blame for this increase is placed on the recession, which is a strike by the rich; but in reality much of it has been caused by deep cuts in federal housing programs."New York is facing a homeless crisis worse than any time since the Great Depression," said Mary Brosnahan, president of the Coalition for the Homeless.
As for Wall Street, the stock market hit its highest point ever today...
The Dow Jones industrial average gained nearly 100 points, rising as high as 14,226.20. That topped both the Dow's intraday and closing records that were set in October 2007.The S&P 500 added 10 points, and is within 2% of its record closing high of 1,565.15, also reached in October 2007. The Nasdaq rose 27 points, or 0.9%.
3
bond bubble = high stock market.
post-union economy = homeless children.
a massive federal intervention is needed, and will not happen.
post-union economy = homeless children.
a massive federal intervention is needed, and will not happen.
4
Why do homeless people live around the expensive real estate on Earth (NYC, Seattle, San Fran)?
You can get a new home with a $300 a month mortgage in Texas.
You can get a new home with a $300 a month mortgage in Texas.
6
I looked into the Hunger and Homeless numbers back in 2007 and noticed that there was an increase of approximately 17% Hunger and 13% Homelessness every year starting with the Reagan presidency. The systems in place to help the needy were already overrun before the recession started, with wait-lists for housing over 3 years even if a person could get on a list. 18% rise in homelessness is a huge jump.
8
"New York is facing a homeless crisis worse than any time since the Great Depression,"
Back then there was undeveloped prime real estate all over the place; you could just squat. In the temperate puget sound basin for instance you could easily erect a cabin on your own little island or cove and eat better than anyone today. On the other hand, contrary to popular opinion there aren't any "hungry" people in this society; poor folks are fat. But yes, the unhappy children thing is deeply horrific. Give the dumbfuck homeless breeder a basic shelter [and birth control] and raise those kids in luxurious state run neo-orphanages.
Back then there was undeveloped prime real estate all over the place; you could just squat. In the temperate puget sound basin for instance you could easily erect a cabin on your own little island or cove and eat better than anyone today. On the other hand, contrary to popular opinion there aren't any "hungry" people in this society; poor folks are fat. But yes, the unhappy children thing is deeply horrific. Give the dumbfuck homeless breeder a basic shelter [and birth control] and raise those kids in luxurious state run neo-orphanages.
12
@3 has it right. These aren't connected items. There is obviously a bubble, which the media still plays the role of promoting. There is a war on working families, which the RNC plays the role of promoting. There's a new film, A Place at the Table, with some sickening stats:
One in two American children will be on food assistance at some point in their childhood. In 1980, this country had about 200 food banks; now there are more than 40,000. As many as 50 million Americans rely on food assistance to some extent.
One in two American children will be on food assistance at some point in their childhood. In 1980, this country had about 200 food banks; now there are more than 40,000. As many as 50 million Americans rely on food assistance to some extent.
13
@4, yet another stupid remark in his endless array of moronic comments:
"Why do homeless people live around the expensive real estate on Earth..."
Because those who drive up the prices of real estate are the super-crooks, douchey!!!! The very same psychopaths who drive people into homelessness; offshoring their jobs, destroying their employment, banksters saddling people with endless usurious and artificial fees, ad infinitum, ad naseum, dood!
Ever pass a simple arithmetic course, sonny?
A month or so ago, the British based and "venerable" bank, HSBC, was fined for years of money laundering for one specific drug cartel. They laundered an estimated 1/2 trillion dollar’s worth every year for around ten years (that would be $5 trillion that the public is now aware of).
One bank --- one drug cartel --- $5 trillion? Now consider just how many outright criminal organizations there are, selling who knows how much drugs, and all the banks which must be involved in drug money laundering!
Previously, Barclays, Société Générale, Credit Suisse, JPMorgan Chase, Citigroup, and a number of other banksters have been penalized for money laundering; JPMorgan's involvement with Enron was an extraordinary example of money laundering, falsifying loans as commodity trades, etc.
Greg Palast, and a number of other industry analysts, thought Enron to be just one huge money laundering operation; and essentially nothing else. (Since their overseas operations were underwritten by OPIC, or Overseas Private Investment Corporation, ostensibly an American "public-private partnership" between Wall Street and US foreign aid programs, one really wonders where those funds being laundered derived?).
One might surmise that between endless leveraging of credit derivatives, or debt, and all the drug money laundering going on through the international banking system, not much else is really happening, and that may be the crux of the economic war being waged upon the rest of us by the Transnational Capitalist Class today.
Recommended reading for a historical background in forensic finance:
Wall Street, by William C. Moore. 1921.
The Masters of Capital, by John Moody. 1919.
The Truth About the Trusts, by John Moody. 1904.
More...
"Why do homeless people live around the expensive real estate on Earth..."
Because those who drive up the prices of real estate are the super-crooks, douchey!!!! The very same psychopaths who drive people into homelessness; offshoring their jobs, destroying their employment, banksters saddling people with endless usurious and artificial fees, ad infinitum, ad naseum, dood!
Ever pass a simple arithmetic course, sonny?
The Parameters
A month or so ago, the British based and "venerable" bank, HSBC, was fined for years of money laundering for one specific drug cartel. They laundered an estimated 1/2 trillion dollar’s worth every year for around ten years (that would be $5 trillion that the public is now aware of).
One bank --- one drug cartel --- $5 trillion? Now consider just how many outright criminal organizations there are, selling who knows how much drugs, and all the banks which must be involved in drug money laundering!
Previously, Barclays, Société Générale, Credit Suisse, JPMorgan Chase, Citigroup, and a number of other banksters have been penalized for money laundering; JPMorgan's involvement with Enron was an extraordinary example of money laundering, falsifying loans as commodity trades, etc.
Greg Palast, and a number of other industry analysts, thought Enron to be just one huge money laundering operation; and essentially nothing else. (Since their overseas operations were underwritten by OPIC, or Overseas Private Investment Corporation, ostensibly an American "public-private partnership" between Wall Street and US foreign aid programs, one really wonders where those funds being laundered derived?).
One might surmise that between endless leveraging of credit derivatives, or debt, and all the drug money laundering going on through the international banking system, not much else is really happening, and that may be the crux of the economic war being waged upon the rest of us by the Transnational Capitalist Class today.
Recommended reading for a historical background in forensic finance:
Wall Street, by William C. Moore. 1921.
The Masters of Capital, by John Moody. 1919.
The Truth About the Trusts, by John Moody. 1904.
14
@12, is most definitely confused and bewildered??????????
Your ignorance doesn't dissolve the connections, period!
These items are most definitely connected and there is no bond bubble, per se, it is the dismantled US economy (and other nations' economies) and the direct financing and subsidizing of the fantasy finance sector by taxpayer monies, and through previous and present federal intervention. QE ! through infinity is pumping money directly to the banksters and corporate criminals by way of the Federal Reserve and the US Treasury.
If you don't understand the obvious, @12, you'll never understand their more subtle ops and approaches. No doubt your spirit is in the right place, but your ignorance is telling!
Your ignorance doesn't dissolve the connections, period!
These items are most definitely connected and there is no bond bubble, per se, it is the dismantled US economy (and other nations' economies) and the direct financing and subsidizing of the fantasy finance sector by taxpayer monies, and through previous and present federal intervention. QE ! through infinity is pumping money directly to the banksters and corporate criminals by way of the Federal Reserve and the US Treasury.
If you don't understand the obvious, @12, you'll never understand their more subtle ops and approaches. No doubt your spirit is in the right place, but your ignorance is telling!
15
@6, heartfelt, makes some most excellent points!
Indeed, the ending of the federal anti-usury regulations and laws (unfortunately, under Jimmy Carter); Reagan's increase in deregulation (unfortunately, beginning under Jimmy Carter) and his establishment of the Office of Privatization within the OMB (Executive Order #12615) and the bankster laws he passed which instigated the S&L meltdown, coupled with GE CEO Jack Welch's leadership in the wholesale offshoring of as many technical, engineering, manufacturing and R&D jobs as possible in the mid 1980s, certainly pushed the entire ball of wax downhill at top speed.
Indeed, the ending of the federal anti-usury regulations and laws (unfortunately, under Jimmy Carter); Reagan's increase in deregulation (unfortunately, beginning under Jimmy Carter) and his establishment of the Office of Privatization within the OMB (Executive Order #12615) and the bankster laws he passed which instigated the S&L meltdown, coupled with GE CEO Jack Welch's leadership in the wholesale offshoring of as many technical, engineering, manufacturing and R&D jobs as possible in the mid 1980s, certainly pushed the entire ball of wax downhill at top speed.
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