Allen L Roland's Radio Weblog My ongoing theme is always the truth , as I see it , and the
exposure of lies, deception and manipulation wherever they exist.
I remain firmly convinced that the world can no longer resist
its innate urge to unite and co-operate with one another and
we are very close to the point where war can no longer be an option
if this transformation is to occur.
Website: allenroland.com
Email: allen@allenroland.com
President George Bush reminisces of the days when US currency had actual value~ before he destroyed the dollar with his economic policies.
Contrary to recent comments from Phil Gramm and John McCain that America is a ' nation of whiners ' and our economic problems ' are just psychological ' ~ Americans are in big economic trouble and it's going to get much worse: Allen L Roland
All of these oblivious comments came in spite of fresh evidence that we are now officially in a bear market ~ which Bush and McCain have yet to acknowledge. See one minute Video: Wall Street Sinks Further Into Bear Market
HOUSING FORECLOSURES INCREASING: As a result of the subprime lending crisis, "housing foreclosures nationwide were up over 50% in June compared with the same month in 2007." In California alone, foreclosures have reached an average of 500 per day.
HOMELESSNESS INCREASING: The number of homeless people in America over the age of 50 is "steadily increasing."
HEALTHCARE COSTS RISING: According to a report by the Government Accountability Office, "health-care costs are growing much faster than the economy." Costs are rising so significantly, some Americans are delaying retirement.
GAS PRICES RISING: The national average gas price is $4.09, up 33 percent from this time last year. Gas prices are now expected to hit "$4.25 by the fall and then stay at more than $4 a gallon until the end of 2009."
JOB LOSSES INCREASING: In the first six months of this year, a total of 438,000 jobs have been lost, bringing unemployment to 5.5 percent. The CEO of Bank of America commented, if unemployment continues to rise, "all bets are off."
HEATING AND ELECTRICITY COSTS RISING: Heating oil costs across the North are expected to be "up 60 percent from last year," and utilities across the country are "raising power prices up to 29%."
LEISURE SPENDING DECLINING: As a result of the rising cost of living, Americans are "tightening their belts and thinking twice about spending extra bucks on entertainment and leisure products."
Freelance Alternative Press Online columnist and psychotherapistAllen L Roland is available for comments, interviews, speaking engagements and private consultations( allen@allenroland.com )
Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his weblog and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net
