Showing posts with label United States. Show all posts
Showing posts with label United States. Show all posts

Friday, May 18, 2018

Nearly 51 Million Households In The United States ‘Can’t Afford Basics Like Rent And Food’ - Michael Snyder THE ECONOMIC COLLAPSE BLOG


Nearly 51 Million Households In The United States ‘Can’t Afford Basics Like Rent And Food’ 

Michael Snyder  THE ECONOMIC COLLAPSE BLOG May 17, 2018

If the U.S. economy is performing well, then why can’t 51 million households in the United States “afford basics like rent and food”. A stunning new report that was just put out by the United Way ALICE Project shows that the gap between the wealthy and the poor in this country is perhaps the biggest that it has been in any of our lifetimes. In some of the wealthiest areas of the nation, homes are now selling for up to 100 million dollars, but meanwhile tens of millions of families are barely scraping by from month to month. Many believe that this growing “inequality gap” is setting the stage for major societal problems.

In general, the U.S. economy seems to be performing better than expected so far in 2018, but the ranks of the poor and the working poor just continue to grow. The following comes from CNN


Nearly 51 million households don’t earn enough to afford a monthly budget that includes housing, food, child care, health care, transportation and a cell phone, according to a study released Thursday by the United Way ALICE Project. That’s 43% of households in the United States.

The figure includes the 16.1 million households living in poverty, as well as the 34.7 million families that the United Way has dubbed ALICE — Asset Limited, Income Constrained, Employed. This group makes less than what’s needed “to survive in the modern economy.”

If 43 percent of all Americans cannot even afford “the basics”, what does that say about the true state of the U.S. economy?

Of course the biggest reason why so many American families are struggling is the lack of good jobs.

In America today, 66 percent of all jobs pay less than 20 dollars an hour.

66 percent.

Just let that sink in for a minute.

You cannot support a middle class family on 20 dollars an hour. As a result, many Americans are working more than one job, and in many households both the mother and the father are working more than one job.

Housing costs account for the biggest item in most family budgets, and the fact that housing costs have just continued to soar is putting a huge amount of financial stress on hard working families. Just today we learned that there is a tremendous rush to buy homes as mortgage rates rise rapidly


Today, according to the latest Freddie Mac mortgage rates report, after plateauing in recent weeks, mortgage rates reversed course and reached a new high last seen eight years ago as the 30-year fixed mortgage rate edged up to 4.61% matching the highest level since May 19, 2011.

But while the highest mortgage rates in 8 years are predictably crushing mortgage refinance activity, they appears to be having the opposite effect on home purchases, where there is a sheer scramble to buy, and sell, houses. As Bloomberg notes, citing brokerage Redfin, the average home across the US that sold last month went into contract after a median of 36 only days on the market – a record speed in data going back to 2010.

If you will remember, we witnessed a very similar pattern just before the subprime mortgage meltdown in 2008.

History is repeating itself, and we never seem to learn from our past mistakes.

Housing prices in some cities are absolutely obscene right now, and many working families find themselves completely priced out of the market. That has some people asking one very simple question


Many San Francisco renters I met while reporting an article on affordable housing lotteries had responded to the region’s housing crisis by putting up with great discomfort: They crammed in with family; they split apartments with strangers. Some even lived out of their cars.

Why, lots of readers wanted to know, didn’t they simply move away instead?

Yes, some people are moving, and this is something that I plan to do an article about very soon.

But for most hard working families, moving across the country simply is not an option. Moving out of state is very expensive, it can be very difficult to find a similar job in an entirely new area, and many families are very dependent on the social networks where they currently live…


People who struggle financially often have valuable social networks — family to help with child care, acquaintances who know of jobs. The prospect of dropping into, say, Oklahoma or Georgia would mean doing without the good income and the social support. Those intangible connections that keep people in places with bad economies also keep people in booming regions where the rent is too high.

In the end, moving is just not an option for a lot of people.

We need to structure our economic system so that it works for all Americans – not just a few. Unfortunately, it is probably going to take another major crisis before people are ready for such a restructuring.

And such a crisis may not be that far away. In fact, even Pope Francis is now warning about the dangers of derivatives


In a sweeping critique of global finance released by the Vatican on Thursday, the Holy See singled out derivatives including credit-default swaps for particular scorn. “A ticking time bomb,” the Vatican called them. The unusual rebuke — derivatives rarely reach the level of religious doctrine — is in keeping with Francis’s skeptical view of unbridled global capitalism.

“The market of CDS, in the wake of the economic crisis of 2007, was imposing enough to represent almost the equivalent of the GDP of the entire world. The spread of such a kind of contract without proper limits has encouraged the growth of a finance of chance, and of gambling on the failure of others, which is unacceptable from the ethical point of view,” the Vatican said in the document.

I have written about derivatives extensively in the past, and Pope Francis is 100 percent correct when he says that they are a ticking time bomb which could absolutely devastate the global financial system at any moment.

We don’t know exactly when it will happen, but we do know that such a crisis is coming at some point.

Sadly, most of the population is completely asleep, and they will be completely blindsided by the coming crisis when it does finally arrive.

Michael Snyder is a nationally syndicated writer, media personality and political activist. He is the author of four books including The Beginning Of The End and Living A Life That Really Matters.

Thursday, March 29, 2018

A Prophetic Order of the United States - Pastor Frank Amedia on The Jim Bakker Show


Watch here: A Prophetic Order of the United States - Pastor Frank Amedia on The Jim Bakker Show






Kevin Jessip, Mark Gonzalez, Pastor Frank Amedia
Jim Bakker Show 2018 | Show# 3445 | Aired on March 29, 2018
A Morningside Studios Production
Pastor Jim and Lori welcome special guests Frank Amedia, Kevin Jessip and Mark Gonzalez for the POTUS Shield conference. 

Quotes

Something is about to take place, it is going to be different and it is going to shake. -Pastor Jim Bakker
We’re in the fulfillment of the words of Jesus Christ concerning the final days. -Pastor Jim Bakker
Immigration is not a republican idea, it’s not a democratic idea. It’s a God idea and God is going to move supernaturally to bring it to pass. -Mark Gonzalez

Scriptures

Mark 1:3 MEV “The voice of one crying in the wilderness: ‘Prepare the way of the Lord, make His paths straight.’ ”
Matthew 24:7 MEV For nation will rise against nation, and kingdom against kingdom. There will be famines, epidemics, and earthquakes in various places.
Ephesians 2:15 MEV By abolishing in His flesh the enmity, that is, the law of the commandments contained in ordinances, that in Himself He might make the two into one new man, thus making peace.
Amos 8:11-12 NIV “The days are coming,” declares the Sovereign Lord, “when I will send a famine through the land—not a famine of food or a thirst for water, but a famine of hearing the words of the LordPeople will stagger from sea to sea and wander from north to east, searching for the word of the Lordbut they will not find it.
Galatians 1:8 MEV Although if we or an angel from heaven preach any other gospel to you than the one we have preached to you, let him be accursed.
Revelation 3:1-2 NIV “To the angel of the church in Sardis write: These are the words of him who holds the seven spirits of God and the seven stars. I know your deeds; you have a reputation of being alive, but you are dead. Wake up! Strengthen what remains and is about to die, for I have found your deeds unfinished in the sight of my God.
Psalm 71:17-18 NIV Since my youth, God, you have taught me, and to this day I declare your marvelous deeds. Even when I am old and gray, do not forsake me, my God, till I declare your power to the next generation, your mighty acts to all who are to come.
Hebrews 11:7 KJV By faith Noah, being warned of God of things not seen as yet, moved with fear, prepared an ark to the saving of his house; by the which he condemned the world, and became heir of the righteousness which is by faith.
Genesis 5:27 MEV So all the days of Methuselah were nine hundred and sixty-nine years, and he died.
1 Corinthians 13:1 KJV Though I speak with the tongues of men and of angels, and have not charity, I am become as sounding brass, or a tinkling cymbal.
Malachi 4:5 MEV See, I will send you Elijah the prophet before the coming of the great and dreaded day of the Lord.
Luke 16:16 MEV The Law and the Prophets were preached until John. Since then the kingdom of God has been preached, and everyone is pressing into it.
Matthew 5:17 MEV Do not think that I have come to abolish the Law or the Prophets. I have not come to abolish, but to fulfill.
Ezekiel 34:10 MEV Thus says the Lord God: I am against the shepherds. And I will require My flock from their hand and cause them to cease from feeding the flock. Nor shall the shepherds feed themselves anymore, for I will deliver My flock from their mouth so that they may not be meat for them.
Jeremiah 29:13 MEV You shall seek Me and find Me, when you shall search for Me with all your heart.
Matthew 5:13 MEV You are the salt of the earth. But if the salt loses its saltiness, how shall it be made salty? It is from then on good for nothing but to be thrown out and to be trampled underfoot by men.

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Thursday, January 11, 2018

Why We Can't Ignore History - Dr. William Forstchen on The Jim Bakker Show


Watch here: Why We Can't Ignore History - Dr. William Forstchen on The Jim Bakker Show






Doctor William Forstchen
Jim Bakker Show 2018 | Show# 3398 | Aired on January 11, 2018

American History, Elite, EMP attack, End Times, Government, History, Last Days, The Church, United States
A Morningside Studios Production

Pastor Jim and Lori Bakker welcome historian and author of over 40 books Doctor William Forstchen as they discuss the importance of preserving and protecting our history. 

Quotes

There’s going to be personal and great betrayals in the church and in the world. -Pastor Jim Bakker
The folks at the top have their escape hatches while the rest of us are caught in the middle. -Doctor William Forstchen
EMP, it’s not the actual EMP that kills you. It’s everything else.-Doctor William Forstchen

Scriptures

Matthew 27:24 MEV When Pilate saw that he could not prevail, but rather that unrest was beginning, he took water and washed his hands before the crowd, saying, “I am innocent of the blood of this righteous Man. See to it yourselves.”
Matthew 27:21-22 MEV The governor answered, “Which of the two do you want me to release to you?” They said, “Barabbas.” Pilate said to them, “Then what shall I do with Jesus who is called Christ?” They all said to him, “Let Him be crucified!”
Revelation 6:7-8 KJV And when he had opened the fourth seal, I heard the voice of the fourth beast say, Come and see. And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger, and with death, and with the beasts of the earth.
1 Thessalonians 5:3 KJV For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.
Proverbs 22:3 NCV The wise see danger ahead and avoid it, but fools keep going and get into trouble.
2 Timothy 3:1 MEV Know this: In the last days perilous times will come.
Hebrews 11:7 KJV By faith Noah, being warned of God of things not seen as yet, moved with fear, prepared an ark to the saving of his house; by the which he condemned the world, and became heir of the righteousness which is by faith.
Genesis 6:9 MEV These are the generations of Noah. Noah was a just man and blameless among his contemporaries. Noah walked with God.
Matthew 24:12 KJV And because iniquity shall abound, the love of many shall wax cold.

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Wednesday, January 10, 2018

New Dangers That Are Facing America - Dr. William Forstchen on The Jim Bakker Show


Watch here: New Dangers That Are Facing America - Dr. William Forstchen on The Jim Bakker Show





Doctor William Forstchen
Jim Bakker Show 2018 | Show# 3397 | Aired on January 10, 2018


Pastor Jim and Lori Bakker welcome historian and author of over 40 books Doctor William Forstchen as they discuss the most recent dangers that the United States is currently facing. 

Quotes

If we don’t love the Bible says you’re not going to heaven. -Pastor Jim Bakker
Let’s invite God back before it’s too late. -Pastor Jim Bakker
Do not cheer when you see somebody in media or entertainment or business and particularly politics is suddenly pulled down by a mob based on an accusation. -Doctor William Forstchen

Scriptures

1 John 3:14 KJV We know that we have passed from death unto life, because we love the brethren. He that loveth not his brother abideth in death.
Song of Solomon 2:4 MEV He brought me to the banquet house, and his banner over me was love.
Revelation 6:8 KJV And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger, and with death, and with the beasts of the earth.
Exodus 20:16 KJV Thou shalt not bear false witness against thy neighbour.
Matthew 27:11 MEV Jesus stood before the governor. And the governor asked Him, “Are You the King of the Jews?” Jesus said to him, “You have said so.”
Matthew 27:24 MEV When Pilate saw that he could not prevail, but rather that unrest was beginning, he took water and washed his hands before the crowd, saying, “I am innocent of the blood of this righteous Man. See to it yourselves.”
Matthew 27:21-22 MEV  The governor answered, “Which of the two do you want me to release to you?” They said, “Barabbas.” Pilate said to them, “Then what shall I do with Jesus who is called Christ?” They all said to him, “Let Him be crucified!”
Matthew 24:8 MEV All these are the beginning of sorrows.
Matthew 25:35 MEV For I was hungry and you gave Me food, I was thirsty and you gave Me drink, I was a stranger and you took Me in.
Joel 3:2 MEV I will gather all the nations, and bring them down to the Valley of Jehoshaphat. I will enter into judgment with them there regarding My people and My heritage Israel, whom they have scattered among the nations; they have also divided up My land.
Matthew 7:2 MEV For with what judgment you judge, you will be judged. And with the measure you use, it will be measured again for you.
Matthew 6:14 MEV For if you forgive men for their sins, your heavenly Father will also forgive you.

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Thursday, December 28, 2017

Secrets To Saving America (Day 2) - Michele Bachmann on The Jim Bakker Show


Watch here: Secrets To Saving America (Day 2) - Michele Bachmann on The Jim Bakker Show





Michele Bachmann
Jim Bakker Show 2017 | Show# 3388 | Aired on December 27, 2017

America, Biblical Standard, Donald Trump, Government, Justice, Morality, Truth, United States
A Morningside Studios Production

Pastor Jim and Lori Bakker discuss the current state of the nation and what is needed to save America, with special guest Michele Bachmann.

Quotes

Scripture says that you don’t worship the creation, the creature, you worship Him, but mankind continually moves away from God’s way. -Michele Bachmann
I’m a big believer in the protection of childhood innocence, that’s our job. -Michele Bachmann
Where we are right now in 2017 is there’s a demand for the biblical standard and they’re willing to possibly throw justice out the window to get it. -Michele Bachmann

Scriptures

Matthew 11:29 MEV Take My yoke upon you, and learn from Me. For I am meek and lowly in heart, and you will find rest for your souls.
Romans 13:4 MEV For he is the servant of God for your good. But if you do what is evil, be afraid, for he does not bear the sword in vain, for he is the servant of God, an avenger to execute wrath upon him who practices evil.
Matthew 24:8 MEV All these are the beginning of sorrows.
Matthew 25:35 MEV For I was hungry and you gave Me food, I was thirsty and you gave Me drink, I was a stranger and you took Me in.
Proverbs 24:17 MEV Do not rejoice when your enemy falls, and do not let your heart be glad when he stumbles.
Isaiah 1:18 KJV Come now, and let us reason together, saith the Lord: though your sins be as scarlet, they shall be as white as snow; though they be red like crimson, they shall be as wool.
John 17:23 MEV  I in them and You in Me, that they may be perfect in unity, and that the world may know that You have sent Me, and have loved them as You have loved Me.
Ephesians 4:32 KJV And be ye kind one to another, tenderhearted, forgiving one another, even as God for Christ’s sake hath forgiven you.
Romans 3:23 MEV For all have sinned and come short of the glory of God.
Exodus 23:1 MEV You must not give a false report. Do not join your hand with the wicked to be a malicious witness.
John 8:7 MEV So when they continued asking Him, He stood up and said to them, “Let him who is without sin among you be the first to throw a stone at her.”
2 Timothy 3:1 MEV Know this: In the last days perilous times will come.

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Thursday, November 9, 2017

What's Happening In America (Day 2) - Derek Gilbert, Sharon Gilbert on The Jim Bakker Show


Watch here: What's Happening In America (Day 2) - Derek Gilbert, Sharon Gilbert on The Jim Bakker Show








Derek Gilbert, Sharon Gilbert
Jim Bakker Show 2017 | Show# 3357 | Aired on November 9, 2017


Pastor Jim and Lori Bakker welcome special guests Derek and Sharon Gilbert as they talk about the antichrist spirit within the United States government.

Quotes

We need to take advantage of the improved economic conditions, to use that increase to stock up for when times get hard again. -Derek Gilbert
If we change positions in this country and the other team takes over you’d better get ready because all hell is going to break loose. -Pastor Jim Bakker

Scriptures

John 16:33 MEV  “I have told you these things so that in Me you may have peace. In the world you will have tribulation. But be of good cheer. I have overcome the world.”
Matthew 24:21 KJV For then shall be great tribulation, such as was not since the beginning of the world to this time, no, nor ever shall be.
Luke 12:3 MEV Therefore what you have said in the darkness will be heard in the light. And what you have whispered in the ear in private rooms will be proclaimed on the housetops.
Matthew 24:7-8 KJV For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places. All these are the beginning of sorrows.

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