The Real World News - Breaking Texas Insurance news, US news and more

40 Percent Of Egyptians Live On 2 Dollars A Day Or Less And The Global Elite Like It That Way

After thousands of years of “progress” and “societal evolution”, how is it possible that most of the world is still living in soul crushing poverty? In recent days, it has been reported all over the media that 40 percent of Egyptians live on 2 dollars a day or less. Sadly, there are lots of other countries where even larger percentages of the population live in abject poverty. So how in the world did this happen? We can send men into space, we can send electronic communications to the other side of the globe in an instant and we can destroy entire cities with a single bomb and yet we can’t figure out how to set up an economic system that will provide jobs, food and housing for everyone on the planet? That doesn’t seem right. That doesn’t seem right at all.

Is something else going on here? Well, a clue can be found in what is going on in Egypt. The revolution in Egypt has created a vacuum of power, and look who is ready to step in – the usual suspects.

The head of the International Monetary Fund, Dominique Strauss-Kahn, says that the IMF is prepared and ready to “help” rebuild the Egyptian economy.

World Gripped By Anti-Government Riots; America Next?

The planet is in a never-ending cycle of anti-government revolt as riots that plagued Europe last year now spread like wildfire through the Middle East and beyond, threatening to accelerate bloody clashes and force the hand of authorities as the risk of a new Tiananmen Square-style massacre grows ever likelier. Is America next in line to experience unrest that has touched almost every corner of the globe?

Our prediction three years ago, based on UN documents, which was made six months before the collapse of Lehman brothers, that the world would be hit by massive food riots and anti-government unrest in the aftermath of an economic collapse, is now unfolding at an astonishing pace.

The latest countries to be enveloped by the chaos are Tunisia, Egypt, and now Yemen, whose population are demanding the ouster of 30-year President Ali Abdullah Saleh in a protest against poverty and lack of political freedom.

The big crash – America plunges into Depression

It's the worst of times. America is plunging back into Depression. Only one out of every two Americans of working age has a job. Forty years ago that would have been okay. Dad went to the factory. Mom stayed at home to mind the kids. These days, just to keep the show on the road, mom and pop both work and the kids go to daycare.

Start looking for work now and on average it will take till next April for you to find something. Across the last two months, more than a million Americans simply gave up seeking employment, even as benefits are running out. Ironically, if you quit looking for work you count as officially "discouraged", and don't figure in the official unemployment stats, which is the only reason that number hasn't shot up to record highs...

Welfare recipients get $12,000 from strip club ATMs

California welfare recipients have been able to get taxpayer cash ? meant to feed and clothe their children ? from ATMs at strip clubs across the state, including some well-known gentlemen's cabarets in Los Angeles.

More than $12,000 from the Temporary Assistance for Needy Families program was dispensed between the start of 2007 and the end of 2009 at clubs, including Sam's Hofbrau, Star Strip and Seventh Veil, according to officials at the state Department of Social Services...

Out-of-work job applicants told unemployed need not apply

The last thing someone who is unemployed needs to be told is that they shouldn’t even apply for the limited number of job openings that are available. But some companies and recruiters are doing just that.

Employment experts say they believe companies are increasingly interested only in applicants who already have a job...