shoebat--2020-04-03--One Quarter Of Americans Have No Savings, Almost Another Quarter Have Enough To Survive On For Three

One Quarter Of Americans Have No Savings, Almost Another Quarter Have Enough To Survive On For Three Weeks

Hard times are coming to the US .
According to a new study reported by StudyFinds , one quarter of Americans have no savings , and almost another quarter have enough to survive on for only three week , which takes on a new dimension of seriousness in the light of the current situation with the COVID-19 coronavirus .
A total of 1,100 Americans were polled , and one in four ( 25 % ) said they don ’ t have any emergency savings at all .
Another 23 % only have enough to get by for three weeks .
@ @ @ @ @ @ @ way in the form of $ 1,200 government stimulus checks , 42 % said they ’ ll have to immediately spend that money on bare essentials like groceries .
The survey , commissioned by GOBankingRates , also came to a number of other financial findings .
Perhaps one of the most eye-opening is the revelation that two-thirds of Americans have either already been financial burdened by the coronavirus crisis ( 36 % ) or expect to be soon ( 28 % ) .
( source ) It is true that a lot of @ @ @ @ @ @ @ .
However , to this , how are most people able to prepare in light of the current and previous economic paradigm ?
For yeras , really since the crash of 2008 , the only “ jobs ” that have been “ created ” have been low-paying with no hope and no future .
The US has been living in a fantasy land of economic prosperity when it really is a termite-rotted house of cards that survives solely due to a constant flow of cheap money being printed by the Federal Reserve that @ @ @ @ @ @ @ greatly expand the gap between the wealthy and the impoverished .
One of the effects of this has been the destruction of the value of labor .
It does not matter how much work one does , or how hard one works , because the efforts of one ’ s labors , unless one earns a significant amount of money , is not enough to offset the rising cost of goods and services due to the continual devaluation of the currency through not merely irresponsible or misguided , but absolutely criminal monetary policies @ @ @ @ @ @ @ not because of a lack of effort , but because money does not preserve value .
A poor person will not put it this way , but this person knows by experience that because “ prices keep going up ” , one is better of to spend money instantly before they rise again , let alone the fact that most of such of these jobs do not generate enough to actually save .
What is a man to do- save ten dollars a paycheck for a total of about $ 250 at most @ @ @ @ @ @ @ go up again ?
He is better to spent it on something that will better retain value , even if only very short term , as it is a better investment .
This is a partial explanation for why the current financial paradigm can not endure longer .
It was not meant to endure , and it is going to collapse because it is systematically created to fail .
When one adds into this the fact that a man can no longer pay his bills , and now he may lose his home @ @ @ @ @ @ @ , the economic angst will boil over into political angst with angry people demanding answers from the government .
The response has partially come in the from of the Families First Coronavirus relief , or what I have called “ Trump stacks ” in the form of cash payouts from the government .
At this point , the economic damage has been done to the country so much that the economic system is directly on the way to falling apart and inevitably will because of the debt that has been laden upon the @ @ @ @ @ @ @ be lost , although in some cases much will be made .
With essentially half of the nation having no savings , and many more living on the edge of a fiscal cliff , it will not take much to convince the angry , tired masses that a revolutionary change is necessary for the “ betterment ” of the future of the nation , and that is an even greater danger than any virus .
Donate now to help support the work of this site .
When you donate , you are not @ @ @ @ @ @ @ but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
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Hard times are coming to the US. According to a new study reported by StudyFinds, one quarter of Americans have no savings, and almost another quarter have enough to survive on for only three week, which takes on a new dimension of seriousness in the light of the current situation with the COVID-19 coronavirus.
A total of 1,100 Americans were polled, and one in four (25%) said they don’t have any emergency savings at all. Another 23% only have enough to get by for three weeks. While there is some help on the way in the form of $1,200 government stimulus checks, 42% said they’ll have to immediately spend that money on bare essentials like groceries. The survey, commissioned by GOBankingRates, also came to a number of other financial findings. Perhaps one of the most eye-opening is the revelation that two-thirds of Americans have either already been financial burdened by the coronavirus crisis (36%) or expect to be soon (28%). (source)
It is true that a lot of responsibility lies with a lack of preparation. However, to this, how are most people able to prepare in light of the current and previous economic paradigm?
For yeras, really since the crash of 2008, the only “jobs” that have been “created” have been low-paying with no hope and no future. The US has been living in a fantasy land of economic prosperity when it really is a termite-rotted house of cards that survives solely due to a constant flow of cheap money being printed by the Federal Reserve that has continued to devalue the dollar and greatly expand the gap between the wealthy and the impoverished.
One of the effects of this has been the destruction of the value of labor. It does not matter how much work one does, or how hard one works, because the efforts of one’s labors, unless one earns a significant amount of money, is not enough to offset the rising cost of goods and services due to the continual devaluation of the currency through not merely irresponsible or misguided, but absolutely criminal monetary policies.
It is not possible to save not because of a lack of effort, but because money does not preserve value. A poor person will not put it this way, but this person knows by experience that because “prices keep going up”, one is better of to spend money instantly before they rise again, let alone the fact that most of such of these jobs do not generate enough to actually save. What is a man to do- save ten dollars a paycheck for a total of about $250 at most per year, only to have prices go up again? He is better to spent it on something that will better retain value, even if only very short term, as it is a better investment.
This is a partial explanation for why the current financial paradigm cannot endure longer. It was not meant to endure, and it is going to collapse because it is systematically created to fail. When one adds into this the fact that a man can no longer pay his bills, and now he may lose his home or apartment because he has not job, the economic angst will boil over into political angst with angry people demanding answers from the government. The response has partially come in the from of the Families First Coronavirus relief, or what I have called “Trump stacks” in the form of cash payouts from the government.
At this point, the economic damage has been done to the country so much that the economic system is directly on the way to falling apart and inevitably will because of the debt that has been laden upon the system. A lot of wealth will be lost, although in some cases much will be made.
With essentially half of the nation having no savings, and many more living on the edge of a fiscal cliff, it will not take much to convince the angry, tired masses that a revolutionary change is necessary for the “betterment” of the future of the nation, and that is an even greater danger than any virus.
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shoebat--2020-04-03--China, To Russia, To Europe, Now America- Google Releases Citizens Tracking Data To Police Because O

China, To Russia, To Europe, Now America- Google Releases Citizens Tracking Data To Police Because Of Virus

There has been a pattern of behavior , starting with the kind of “ social credit ” monitoring in China , that has spread to Russia and Europe .
I have warned that signs of this are starting to show up in the US , and to be very careful because it is only a very short time before it comes here .
Now it appears that such is coming to pass as Google is releasing personal data to officials , including in the US , for monitoring purposes to see if people are “ self-quarantining ” according to Silicon.co.uk @ @ @ @ @ @ @ Google in 131 countries so officials can see if people are obeying self-isolating rules Alphabet ’ s Google division has on Thursday published data for 131 countries that shows whether people are obeying self-isolating and quarantine rules .
The ‘ Community Mobility Reports ’ from the search engine giant showed whether visits to shops , parks and workplaces dropped in March , Reuters reported .
March is when many countries around the world brought in their lock-down rules , and readers can click here to see the Google reports on their particular country @ @ @ @ @ @ @ firm NSO Group this week claimed it was in talks with governments around the world about using its tracking software , which is already being tested by some nation states .
( source ) It does not matter what “ privacy rules ” are in place .
Possession is 9/10ths of the law , as the saying goes , and if a major company has it , one can reasonably assume that said information will be used and sold under even questionably “ legal ” pretenses , especially in the case of an @ @ @ @ @ @ @ a public server can ever be assumed to have a reasonable standard of privacy .
This virus incident is only furthering this concept more among the public .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to @ @ @ @ @ @ @ .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

There has been a pattern of behavior, starting with the kind of “social credit” monitoring in China, that has spread to Russia and Europe. I have warned that signs of this are starting to show up in the US, and to be very careful because it is only a very short time before it comes here. Now it appears that such is coming to pass as Google is releasing personal data to officials, including in the US, for monitoring purposes to see if people are “self-quarantining” according to Silicon.co.uk.
Location data is being released by Google in 131 countries so officials can see if people are obeying self-isolating rules Alphabet’s Google division has on Thursday published data for 131 countries that shows whether people are obeying self-isolating and quarantine rules. The ‘Community Mobility Reports’ from the search engine giant showed whether visits to shops, parks and workplaces dropped in March, Reuters reported. March is when many countries around the world brought in their lock-down rules, and readers can click here to see the Google reports on their particular country. The Google data comes after surveillance firm NSO Group this week claimed it was in talks with governments around the world about using its tracking software, which is already being tested by some nation states.(source)
It does not matter what “privacy rules” are in place. Possession is 9/10ths of the law, as the saying goes, and if a major company has it, one can reasonably assume that said information will be used and sold under even questionably “legal” pretenses, especially in the case of an emergency.
Nothing that one has on a public server can ever be assumed to have a reasonable standard of privacy. This virus incident is only furthering this concept more among the public.
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shoebat--2020-04-03--Amazon Caught Attempting To Smear Strike Organizer And Then Tries To Deny It

People in politics , especially in the American right , often love to speak in praise of “ the free market ” and how if corporate America were in charge of more , they would do a better job “ self regulating ” than the government .
However , American history always testified to the opposite .
The eugenic tendencies of American life manifest the strongest in the corporate world , where corporate America spends billions of dollars per year trying to undermine and avoid labor regulations meant for the protection of the common man against abuse .
If the @ @ @ @ @ @ @ would return to the ways of the 19th century , where she would force laborers to work to death and pay them little to nothing , only to pull their dead bodies off of the machines at work and put a new person to work while the body of the previous employee is still left on the floor .
Amazon is a particularly infamous example of this as by way of their notorious policies that have helped her to acquire great wealth at the human cost of her workers ’ health .
Recently @ @ @ @ @ @ @ to get better working conditions , and the leader of one strike was fired illegally .
His case has been further bolstered by the fact that an internal memo has come out from Amazon showing an attempt to smear the organizer in public , indication malicious intentions by Amazon and furthering the case for unionization .
Leaked notes from an internal meeting of Amazon leadership obtained by VICE News reveal company executives discussed a plan to smear fired warehouse employee Christian Smalls , calling him “ not smart or articulate ” as part @ @ @ @ @ @ @ “ the face of the entire union/organizing movement.
” “ He ’ s not smart , or articulate , and to the extent the press wants to focus on us versus him , we will be in a much stronger PR position than simply explaining for the umpteenth time how we ’ re trying to protect workers , ” wrote Amazon General Counsel David Zapolsky in notes from the meeting forwarded widely in the company .
“ We should spend the first part of our response strongly laying out the case for why @ @ @ @ @ @ @ , unacceptable , and arguably illegal , in detail , and only then follow with our usual talking points about worker safety , ” Zapolsky wrote .
“ Make him the most interesting part of the story , and if possible make him the face of the entire union/organizing movement.
” They discussed encouraging Amazon executives to use Smalls to discredit the wider labor movement at Amazon .
Employees at the warehouse , known as JFK8 , launched an effort to unionize in 2018 .
In his notes , Zapolsky wrote that there @ @ @ @ @ @ @ point among the other attendees of the meeting .
( Zapolsky ’ s notes also mention SVP of worldwide operations and customer service Dave Clark and SVP of human resources Beth Galetti . )
In a statement to VICE News , Zapolsky said his “ comments were personal and emotional.
” “ I was frustrated and upset that an Amazon employee would endanger the health and safety of other Amazonians by repeatedly returning to the premises after having been warned to quarantine himself after exposure to virus Covid-19 , ” he said .
@ @ @ @ @ @ @ words and get the better of me.
” ( source ) The current situation with the virus is stirring the already impoverished , frustrated , and desperate American working population towards a contemporary workers ’ revolt .
Amazon has been one of the most heavily criticized entities , and actions such as this not only are wrong , but they are furthering the legitimacy of the plight of the common working man , and will embolden him to oppose further attempts by corporations to mistreat workers .
No company lasts forever .
Amazon @ @ @ @ @ @ @ not invincible .
Given her history of abusing her laborers , it may not be another business that causes her downfall , but a tiny virus and her response to it that emboldens those people who she relies on for her work to bring her to her knees .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from @ @ @ @ @ @ @ working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

People in politics, especially in the American right, often love to speak in praise of “the free market” and how if corporate America were in charge of more, they would do a better job “self regulating” than the government. However, American history always testified to the opposite. The eugenic tendencies of American life manifest the strongest in the corporate world, where corporate America spends billions of dollars per year trying to undermine and avoid labor regulations meant for the protection of the common man against abuse. If the corporate world was able to, she would return to the ways of the 19th century, where she would force laborers to work to death and pay them little to nothing, only to pull their dead bodies off of the machines at work and put a new person to work while the body of the previous employee is still left on the floor.
Amazon is a particularly infamous example of this as by way of their notorious policies that have helped her to acquire great wealth at the human cost of her workers’ health. Recently, some workers have been organizing strikes to get better working conditions, and the leader of one strike was fired illegally. His case has been further bolstered by the fact that an internal memo has come out from Amazon showing an attempt to smear the organizer in public, indication malicious intentions by Amazon and furthering the case for unionization.
Leaked notes from an internal meeting of Amazon leadership obtained by VICE News reveal company executives discussed a plan to smear fired warehouse employee Christian Smalls, calling him “not smart or articulate” as part of a PR strategy to make him “the face of the entire union/organizing movement.” “He’s not smart, or articulate, and to the extent the press wants to focus on us versus him, we will be in a much stronger PR position than simply explaining for the umpteenth time how we’re trying to protect workers,” wrote Amazon General Counsel David Zapolsky in notes from the meeting forwarded widely in the company. … “We should spend the first part of our response strongly laying out the case for why the organizer’s conduct was immoral, unacceptable, and arguably illegal, in detail, and only then follow with our usual talking points about worker safety,” Zapolsky wrote. “Make him the most interesting part of the story, and if possible make him the face of the entire union/organizing movement.” They discussed encouraging Amazon executives to use Smalls to discredit the wider labor movement at Amazon. Employees at the warehouse, known as JFK8, launched an effort to unionize in 2018. In his notes, Zapolsky wrote that there was “general agreement” on this point among the other attendees of the meeting. (Zapolsky’s notes also mention SVP of worldwide operations and customer service Dave Clark and SVP of human resources Beth Galetti.) In a statement to VICE News, Zapolsky said his “comments were personal and emotional.” “I was frustrated and upset that an Amazon employee would endanger the health and safety of other Amazonians by repeatedly returning to the premises after having been warned to quarantine himself after exposure to virus Covid-19,” he said. “I let my emotions draft my words and get the better of me.” (source)
The current situation with the virus is stirring the already impoverished, frustrated, and desperate American working population towards a contemporary workers’ revolt. Amazon has been one of the most heavily criticized entities, and actions such as this not only are wrong, but they are furthering the legitimacy of the plight of the common working man, and will embolden him to oppose further attempts by corporations to mistreat workers.
No company lasts forever. Amazon may be large, but she is not invincible. Given her history of abusing her laborers, it may not be another business that causes her downfall, but a tiny virus and her response to it that emboldens those people who she relies on for her work to bring her to her knees.
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