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The Truth About the Economy

The Truth About the Economy

Related:  Inequality & StatisticsMore Recenty

Poverty Statistics & Food Insecurity Fact Sheet Although related, food insecurity and poverty are not the same. Poverty in the United States is only one of many factors associated with food insecurity. In fact, higher unemployment, lower household assets, and certain demographic characteristics also lead to a lack of access to adequate, nutritious food. 30 of the Absolute Best Internet Freebies We’ve Ever Found Everybody loves free stuff. But not all free stuff is worth loving. We’re always finding freebies — from email newsletter perks to free stuff on your birthday — but we decided it was time to round up the best of the best.

12 Things That The Mainstream Media Is Being Strangely Quiet About Right Now As the mainstream media continues to be obsessed with Anthony Weiner and his bizarre adventures on Twitter, much more serious events are happening around the world that are getting very little attention. In America today, if the mainstream media does not cover something it is almost as if it never happened. Right now, the worst nuclear disaster in human history continues to unfold in Japan , U.S. nuclear facilities are being threatened by flood waters, the U.S. military is bombing Yemen, gigantic cracks in the earth are appearing all over the globe and the largest wildfire in Arizona history is causing immense devastation. But Anthony Weiner, Bristol Palin and Miss USA are what the mainstream media want to tell us about and most Americans are buying it.

Billionaire Bunkers: Exclusive Look Inside the World's Largest Planned Doomsday Escape - ForbesLife For the very first time, a modern day Noah’s Ark has opened its doors for an exclusive inside look offering up plans for the ultimate Billionaire bunker and doomsday escape. Vivos founder and CEO Robert Vicino announced Vivos Europa One which will be an invitation only, five star, underground survival complex, similar to an underground cruise ship for the elite. Each family will be provided a private 2,500 square foot of floor area, capable of two story improvements for a total of 5,000 square feet of private living quarters. With fit and finish comparable to a mega-yacht, each member family will hire their own architect and contractor to build out their living quarters to the custom standard they desire. The expansive shelter is located in Germany and is one of the most fortified and massive underground survival shelters on Earth. Originally built by the Soviets during the Cold War, this shelter was a fortress for military equipment and munitions.

Murano glass Murano glass paper weights Murano glass is glass made on the Venetian island of Murano, which has specialized in fancy glasswares for centuries. Murano’s glassmakers led Europe for centuries, developing or refining many technologies including crystalline glass, enamelled glass (smalto), glass with threads of gold (aventurine), multicolored glass (millefiori), milk glass (lattimo), and imitation gemstones made of glass.

Monsanto blocks research on GMO safety Featured Published on February 14th, 2011 | by Jeremy Bloom Monsanto has been systematically blocking researchers from using its patented gene modified (GMO) seeds to learn if there are problems with them, according to an explosive op-ed in yesterday’s LA Times by Doug Gurian-Sherman of the Union of Concerned Scientists. This doesn’t come as a huge surprise, but it’s encouraging that it’s hitting the mainstream media. US Economic Inequality Rises to Highest Levels Since 1928: Why does it Matter? (image produce by Dorsey Shaw; Source: Emmanuel Saez, UC Berkeley) US income inequality is at its greatest for nearly a century and is rising, as the income gap between the bottom 90% and top 1% of Americans reaches its largest since 1928. When compared globally, the US is the second most economically unequal society (behind Chile). But what does economic inequality mean for average Americans? Income inequalities within a developed country result in radically skewed life outcomes, including poorer health, and vastly reduced social mobility.

Elon Musk Just Released His "Master Plan" For Tesla. Read it Here Master Plan, Part Deux Elon Musk has been in the headlines a lot over the past few years. If he’s not sending rockets to the International Space Station (and then landing them again), he is making massive batteries that allow individuals to store solar energy for their homes, engineering cars that drive themselves, planning to colonize Mars (no, seriously), and generally being the Tony Stark of virtually every major industry. But despite Musk’s ambitious plans in space with SpaceX, it seems that he is using Tesla to ensure that he can take care of things down here on Earth.

Radioactive tritium leaks found at 48 US nuke sites - US news - Environment BRACEVILLE, Ill. — Radioactive tritium has leaked from three-quarters of U.S. commercial nuclear power sites, often into groundwater from corroded, buried piping, an Associated Press investigation shows. The number and severity of the leaks has been escalating, even as federal regulators extend the licenses of more and more reactors across the nation. Tritium, which is a radioactive form of hydrogen, has leaked from at least 48 of 65 sites, according to U.S. Nuclear Regulatory Commission records reviewed as part of the AP's yearlong examination of safety issues at aging nuclear power plants. Leaks from at least 37 of those facilities contained concentrations exceeding the federal drinking water standard — sometimes at hundreds of times the limit. While most leaks have been found within plant boundaries, some have migrated offsite.

Globalisation has led to more inequality, says economist Joseph Stiglitz The battle to stop the proposed European Union-United States trade agreement is the first step to halt growing inequality in major western countries, says Nobel Prize-winning economist Joseph Stiglitz. Rejecting the argument that globalisation has reduced poverty, Mr Stiglitz says 500 million people have been moved out of poverty in China because it exploited globalisation to build its industrial base. “It wasn’t globalisation the way the World Bank, the International Monetary Fund, or [former head of the World Trade Organisation] Peter Sutherland would have had it,” he said. “These countries managed globalisation on their own terms.

Check Out This 121-Megapixel Image of the Earth In Brief The most detailed image of the Earth we've ever seen yet shows a very different image of the planet--here's why. A new image taken by the Russian weather satellite, Elektro-L is giving us a different perspective of the Earth. VIDEO: Minister Farrakhan: 'That's a Murderer in the White House' Minister Louis Farrakhan (Getty Images) A YouTube video of Minister Louis Farrakhan taking President Obama to task over the war in Afghanistan and the bombing of Libya is making its way around the Web. In the video, Farrakhan admonishes the president for turning into someone else. Farrakhan says, "We voted for our brother Barack, a beautiful human being with a sweet heart, and now he's an assassin. They turned him into them."

The 1% may be even richer than you think, research shows The 1% is literally rich beyond measure, depriving nations of billions in tax revenue and obscuring shifts in global inequality. Research conducted separately by European Central Bank economist Philip Vermeulen and London School of Economics’ Gabriel Zucman show the wealth of the super-affluent — hidden by tax shelters and nonresponse to questionnaires — is undercounted. Correcting for similar lapses in income data almost erases progress made from 1988 to 2008 in narrowing the gap between the world’s rich and poor, World Bank research found. “We always suspected there was some low-balling of the top 1%,” said Joseph Stiglitz, a Nobel-prize winning economist and author of “The Price of Inequality. ‘‘There’s a growing sense that our system is rigged and unfair.’’ There’s a growing sense that our system is rigged and unfair