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The Top 100 Statistics About The Collapse Of The Economy That Every American Voter Should Know

The Top 100 Statistics About The Collapse Of The Economy That Every American Voter Should Know

Courtesy of The Economic Collapse Blog

The U.S. economy is dying and most American voters have no idea why it is happening. Unfortunately, the mainstream media and most of our politicians are not telling the truth about the collapse of the economy. This generation was handed the keys to the greatest economic machine that the world has ever seen, and we have completely wrecked it. Decades of incredibly foolish decisions have left us drowning in an ocean of corruption, greed and bad debt. Thousands of businesses and millions of jobs have left the country and poverty is exploding from coast to coast. We are literally becoming a joke to the rest of the world. It is absolutely imperative that we educate America about what is happening. Until the American people truly understand the problems that we are facing, they will not be willing to implement the solutions that are necessary.

The following are the top 100 statistics about the collapse of the economy that every American voter should know….

#100 A staggering 48.5% of all Americans live in a household that receives some form of government benefits. Back in 1983, that number was below 30 percent.

#99 During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office.

#98 Since Barack Obama was sworn in, the share of the national debt per household has increased by $35,835.

#97 The U.S. national debt has been increasing by an average of more than 4 billion dollars per day since the beginning of the Obama administration.

#96 It is being projected that the U.S. national debt will hit 344% of GDP by the year 2050 if we continue on our current course.

#95 The Congressional Budget Office is projecting that U.S. government debt held by the public will reach a staggering 716 percent of GDP by the year 2080.

#94 In 2010, the U.S. government paid $413 billion in interest on the national debt. That is projected to at least double over the next decade.

#93 According to one new survey, one out of every three Americans would not be able to make a mortgage or rent payment next month if they suddenly lost their current job.

#92 State and local government debt has reached an all-time high of 22 percent of U.S. GDP.

#91 In 1980, government transfer payments accounted for just 11.7% of all income. Today, government transfer payments account for 18.4% of all income.

#90 U.S. households are now receiving more income from the U.S. government than they are paying to the government in taxes.

#89 According to a new study conducted by the BlackRock Investment Institute, the ratio of household debt to personal income in the United States is now 154 percent.

#88 If you can believe it, one out of every seven Americans has at least 10 credit cards.

#87 According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980. Today they account for approximately 16.3%.

#86 The cost of a health insurance policy for the average American family rose by a whopping 9 percent last year, and according to a report put out by the Kaiser Family Foundation and the Health Research and Educational Trust, the average family health insurance policy now costs over $15,000 a year.

#85 One study found that approximately 41 percent of working age Americans either have medical bill problems or are currently paying off medical debt.

#84 An all-time record 49.9 million Americans do not have any health insurance at all at this point, and the percentage of Americans covered by employer-based health plans has fallen for 11 years in a row.

#83 According to a report published in The American Journal of Medicine, medical bills are a major factor in more than 60 percent of the personal bankruptcies in the United States. Of those bankruptcies that were caused by medical bills, approximately 75 percent of them involved individuals that actually did have health insurance.

#82 Average yearly tuition at U.S. private universities is now up to $27,293.

#81 The cost of college tuition in the United States has gone up by over 900 percent since 1978.

#80 In America today, approximately two-thirds of all college students graduate with student loans.

#79 In 2010, the average college graduate had accumulated approximately $25,000 in student loan debt by graduation day.

#78 The total amount of student loan debt in the United States now exceeds the total amount of credit card debt in the United States.

#77 One-third of all college graduates end up taking jobs that don’t even require college degrees.

#76 In the United States today, there are more than 100,000 janitors that have college degrees.

#75 In the United States today, 317,000 waiters and waitresses have college degrees.

#74 In the United States today, approximately 365,000 cashiers have college degrees.

#73 It is being projected that for the first time ever, the OPEC nations are going to bring in over a trillion dollars from exporting oil this year. Their biggest customer is the United States.

#72 U.S. oil companies will bring in about $200 billion in pre-tax profits this year. They will also receive about $4.4 billion in specialized tax breaks from the U.S. government.

#71 The United States has had a negative trade balance every single year since 1976, and since that time the United States has run a total trade deficit of more than 7.5 trillion dollars with the rest of the world.

#70 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#69 The U.S. trade deficit with China is now 27 times larger than it was back in 1990.

#68 Today, the United States spends more than 4 dollars on goods and services from China for every one dollar that China spends on goods and services from the United States.

#67 China has surpassed the United States and is now the largest PC market in the entire world.

#66 In 2002, the United States had a trade deficit in “advanced technology products” of $16 billion with the rest of the world. In 2010, that number skyrocketed to $82 billion.

#65 In 2010, the number one U.S. export to China was “scrap and trash”.

#64 Do you remember when the United States was the dominant manufacturer of automobiles and trucks on the globe? Well, in 2010 the U.S. ran a trade deficit in automobiles, trucks and parts of $110 billion.

#63 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#62 If you can believe it, more than 42,000 manufacturing facilities in the United States have been closed down since 2001.

#61 Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.

#60 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs.

#59 According to Professor Alan Blinder of Princeton University, 40 million more U.S. jobs could be sent offshore over the next two decades.

#58 If you gathered together all of the workers that are “officially” unemployed in the United States today, they would constitute the 68th largest country in the world.

#57 There are fewer payroll jobs in the United States right now than there were back in 2000 even though we have added 30 million extra people to the population since then.

#56 Back in 1969, 95 percent of all men between the ages of 25 and 54 had a job. In July, only 81.2 percent of men in that age group had a job.

#55 Only 55.3% of all Americans between the ages of 18 and 29 were employed last year. That was the lowest level that we have seen since World War II.

#54 Today, there are 5.9 million Americans between the ages of 25 and 34 that are living with their parents.

#53 The economic downturn has been particularly tough on men. According to Census data, men are twice as likely to live with their parents as women are.

#52 According to one recent survey, only 14 percent of all Americans that are 28 or 29 years old are optimistic about their financial futures.

#51 Incredibly, less than 30 percent of all U.S. teens had a job this summer.

#50 According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 dropped by 27 percent after you account for inflation.

#49 Since the year 2000, we have lost approximately 10% of our middle class jobs. In the year 2000 there were about 72 million middle class jobs in the United States but today there are only about 65 million middle class jobs.

#48 In 1980, 52 percent of all jobs in the United States were middle income jobs. Today, only 42 percent of all jobs are middle income jobs.

#47 Back in 1980, less than 30% of all jobs in the United States were low income jobs. Today, more than 40% of all jobs in the United States are low income jobs.

#46 According to Paul Osterman, a professor of economics at MIT, approximately 20 percent of all employed Americans are making $10.65 an hour or less.

#45 Half of all American workers now earn $505 or less per week.

#44 Since December 2007, median household income in the United States has declined by a total of 6.8% once you account for inflation.

#43 New home sales in the United States are now down 80% from the peak in July 2005.

#42 The all-time record for fewest number of new homes sold in the United States was broken in 2009. Then it was broken again in 2010. It is on pace to be broken once again in 2011.

#41 At one point this year, U.S. home prices had fallen a whopping 33% from where they were at during the peak of the housing bubble.

#40 U.S. home values have fallen approximately 6 trillion dollars since the housing crisis first began.

#39 According to the U.S. Census Bureau, 18 percent of all homes in the state of Florida are sitting vacant. That figure is 63 percent larger than it was just ten years ago.

#38 Historically, the percentage of residential mortgages in foreclosure in the United States has tended to hover between 1 and 1.5 percent. Today, it is up around 4.5 percent.

#37 According to the Mortgage Bankers Association, at least 8 million Americans are currently at least one month behind on their mortgage payments.

#36 According to a Harris Interactive survey taken near the end of last year, 77 percent of all Americans are now living paycheck to paycheck. In 2007, the same survey found that only 43 percent of Americans were living paycheck to paycheck.

#35 Starting on January 1st, 2011 the Baby Boomers began to hit retirement age. From now on, every single day more than 10,000 Baby Boomers will reach the age of 65. That is going to keep happening every single day for the next 19 years.

#34 According to a new poll by Americans for Secure Retirement, 88 percent of all Americans are worried about “maintaining a comfortable standard of living in retirement”. Last year, that figure was at 73 percent.

#33 One out of every six elderly Americans now lives below the federal poverty line.

#32 In 1950, each retiree’s Social Security benefit was paid for by 16 U.S. workers. According to new data from the U.S. Bureau of Labor Statistics, there are now only 1.75 full-time private sector workers for each person that is receiving Social Security benefits in the United States.

#31 According to the Congressional Budget Office, the Social Security system paid out more in benefits than it received in payroll taxes in 2010. That was not supposed to happen until at least 2016.

#30 The U.S. government now says that the Medicare trust fund will run out five years faster than they were projecting just last year.

#29 According to one study, the 50 U.S. state governments are collectively 3.2 trillion dollars short of what they need to meet their pension obligations.

#28 A different study has shown that individual Americans are $6.6 trillion short of what they need to retire comfortably.

#27 Between 1991 and 2007 the number of Americans between the ages of 65 and 74 that filed for bankruptcy rose by a staggering 178 percent.

#26 According to a shocking AARP survey of Baby Boomers that are still in the workforce, 40 percent of them plan to work “until they drop”.

#25 Last year, 2.6 million more Americans dropped into poverty. That was the largest increase that we have seen since the U.S. government began keeping statistics on this back in 1959.

#24 Back in the year 2000, 11.3% of all Americans were living in poverty. Today, 15.1% of all Americans are living in poverty.

#23 More than 50 million Americans are now on Medicaid. Back in 1965, only one out of every 50 Americans was on Medicaid. Today, approximately one out of every 6 Americans is on Medicaid.

#22 More than 45 million Americans are now on food stamps.

#21 The number of Americans on food stamps has increased 74% since 2007.

#20 Approximately one-third of the entire population of the state of Alabama is now on food stamps.

#19 Right now, one out of every four American children is on food stamps.

#18 It is being projected that approximately 50 percent of all U.S. children will be on food stamps at some point in their lives before they reach the age of 18.

#17 The poverty rate for children living in the United States increased to 22% in 2010.

#16 There are 314 counties in the United States where at least 30% of the children are facing food insecurity.

#15 In Washington D.C., the “child food insecurity rate” is 32.3%.

#14 More than 20 million U.S. children rely on school meal programs to keep from going hungry.

#13 It is estimated that up to half a million children may currently be homeless in the United States.

#12 The number of Americans that are going to food pantries and soup kitchens has increased by 46% since 2006.

#11 According to a recent report from the AFL-CIO, the average CEO made 343 times more money than the average American did last year.

#10 The wealthiest 1% of all Americans now own more than a third of all the wealth in the United States.

#9 The poorest 50% of all Americans collectively own just 2.5% of all the wealth in the United States.

#8 The percentage of millionaires in Congress is more than 50 times higher than the percentage of millionaires in the general population.

#7 According to the Bureau of Labor Statistics, 16.6 million Americans were self-employed back in December 2006. Today, that number has shrunk to 14.5 million.

#6 According to one recent poll, 90 percent of the American people believe that economic conditions in the United States are “poor”. To put this in perspective, only 11 percent of Americans rated economic conditions in the U.S. as “poor” back in January of 1999.

#5 According to another recent poll, 80 percent of the American people believe that we are actually in a recession right now.

#4 Our dollar is being systematically destroyed by the Federal Reserve. An item that cost $20.00 in 1970 will cost you $116.78 today. An item that cost $20.00 in 1913 will cost you $457.67 today.

#3 The Federal Reserve made $16.1 trillion in secret loans to their friends during the last financial crisis.

#2 The Federal Reserve is a perpetual debt machine. Today, the U.S. national debt is more than 4700 times larger than it was when the Federal Reserve was created back in 1913.

#1 According to a new CNN/ORC International Poll, 27 percent of all Americans have never even heard of Federal Reserve Chairman Ben Bernanke.

We need to educate America.

Please share this with as many people as you can. Time is running out for America, and 2012 is going to be an absolutely pivotal year in the history of this nation.

We are in the midst of a long-term economic decline that is rapidly accelerating. If dramatic changes are not made very quickly, we will soon witness a full-blown collapse of the economy.

Wake up as many people as you can.

We are running out of time.

SOURCE

The Top 10 Reasons Why Dr. Ron Paul Is the Only Rational Choice

The Top 10 Reasons Why Dr. Ron Paul Is the Only Rational Choice


The top 10 reasons why Dr. Ron Paul is the only rational presidential choice for Americans, Democratic, Republican and Independent:

10. Dr. Paul works a real job, has run a small a business and served in the military. He has been a physician for 40 years, co-owned a coin store for 12 years and was a flight surgeon in the U.S. Air Force and U.S. National Guard for five years. That was how our country was set up — for public servants to work a real job that they returned to after their public service was done. He has real skills and is not a professional politician.

9. Dr. Paul has decades of experience running a business and in depth knowlegde of health care.

8. Dr. Paul understands money and is chairman of the House Financial Services Subcommittee on Domestic Monetary Policy and Technology.

7. Dr. Paul does the right thing referencing the U.S. Constitution and works for the country versus campaigning for his ego. He has been serving the public in politics for over 40 years.

6. Dr. Paul refuses to accept a federal pension for his public service, something other members get after a short period because they do not have real jobs. According to Dr. Paul, to receive a pension for public service would be “hypocritical and immoral.”

5. Unlike most other candidates out there, Dr. Paul is not a good-looking, smooth-talking, snake charmer or charismatic zealot. He is a regular, plain-spoken person who says it the way it is.

4. Dr. Paul doesn’t care if big groups like him (like unions and businesses). His donations come primarily from individuals, not from groups. He is willing to serve his country honorably without personal gain. Dr. Paul will do what is right for the U.S. based on the Constitution whether or not big money or big government likes it.

3. Dr. Paul has written a bill, called the Sun Light Rule that requires our politicians have at least 10 days to read bills before signing them.

2. Dr. Paul will bring practical wisdom, cut spending, balance the budget, stabilize the economy and probably be able to do away with the IRS and income tax, a tax that is not constitutional and was started to fund the civil war and supposed to stop after the civil war. He wants to abolish the U.S. Department of Education, giving the states and parents back control. He wants to do away with other large government agencies, restoring the rightful power to the states.

1. Dr. Paul’s old-fashioned decency, integrity, honor and real-life experience are exactly what our country needs after hiring actors, puppets, oil and other group-connected slick sales men and marketers. He’s been married to the same woman, Carol, for 54 years (married 1957).

Electing dishonorable, irresponsible, good-looking, smooth-talkers over the past several decades has eroded our country’s stability.

Are Americans finally ready to elect an honest, decent man who will not listen to non-sense from regular Americans, politicians or corporations? A president who will be accountable and hold us all accountable? I hope so.

“Special interests have replaced the concern that the Founders had for general welfare. Vote trading is seen as good politics. The errand-boy mentality is ordinary, the defender of liberty is seen as bizarre. It’s difficult for one who loves true liberty and utterly detests the power of the state to come to Washington for a period of time and not leave a true cynic.” — Dr. Paul

He does not take money from corporate PACs. Lobbyists cannot sway him; to try is a waste of time. He never bargains with his own deeply held beliefs, nor does he cut backroom deals. Because his political views and his personal convictions are in complete harmony, he seldom faces a “tough” vote. And when the politicking for the week is over, he returns to his district to take up his lifelong occupation, which has nothing to do with politics.” — S. C. Gwynne

SOURCE

Top 10 Reasons Why the World Won’t End in 2012

Top 10 Reasons Why the World Won’t End in 2012

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My Take: Ray Villard takes on some of the more popular doomsday theories, debunking each in turn.

In the early days of computers, when hard drives weighed as much as a piece of furniture, a popular phrase was “Garbage-in, Garbage-out” (GIGO). It meant that computers would unquestioningly process the most nonsensical of input data and produce nonsensical output.

“GIGO” describes the abysmal lack of intelligent thought and critical thinking on the Internet when it comes to all the hysteria about the end of the world coming on December 21, 2012 — just in time to ruin Christmas.

I’m getting e-mail about this weekly and I expect the nonsense to ratchet up.

This latest installment in decades of flaky astronomical apocalypse predictions is loosely based on the Mayan calendar that marks the end of a 5,126-year era. Apparently the Mayans knew something about the heavens we don’t, according to numerous hot-selling 2012 doomsday books on the market. Our multi-billion dollar telescopes, space probes, and 6,000 professional astronomers somehow just can’t keep up with the mystic knowledge of an ancient superstitious culture.

With the much-ballyhooed release of the film “2012” opening on November 13, end of world chatter will be the topic from backyard cookouts, to bars, to wine and cheese parties.

I am listing the 10 most popular 2012 end-of-world scenarios and providing a quickie reference guide to use in politely dismissing any friends, relatives, or in-laws whose brains have turned into a pile of GIGO mush after being suckered by the End of Days hype.

The ten top 2012 doomsday scenarios:

10. Changes in the Sun’s magnetic field will lead to powerful flares.

So what else is new under the sun? The sun goes though a well-documented 11-year sunspot cycle that is driven by its magnetic field entangling, reforming and flipping polarity. Yes, the peak of the next cycle is in 2012 (or 2013), and some predictions suggest it might be 30 to 50 percent stronger than the last peak.

But experts say it will certainly not be the biggest peak ever recorded.

The bottom line is that no dragon’s breath of flame will stretch across 100 million miles of space and blowtorch Earth. The largest solar flare recorded to date, on Nov. 4, 2003, spewed several billions of tons of plasma in Earth’s direction. The flare’s X-ray radiation that impacted our protective atmosphere had the equivalent radiation of 5,000 suns.

We’re still here.

9. The Earth’s magnetic field will reverse.

Don’t hold you breath. The last field reversal happened nearly 800,000 years ago. Fred Flintstone and our other ancestor cavemen survived. Geological evidence shows that the field has reversed its orientation tens of thousands of times over Earth history. Yet there is no definitive evidence that a magnetic field reversal has ever caused any mass extinction due to increased cosmic ray influx.

8. The Earth’s rotation axis will tip.

This isn’t nearly as easy as tipping cows. Unlike Mars, which does go though wide excursions in it axial tilt, Earth’s tilt is kept steady by the gravitational influence of the moon. An object the size of Mars would have to hit Earth to transfer enough momentum to knock us out of kilter. But Mars-sized protoplanets were kicked into interstellar space over 4 billion years ago. The solar system doesn’t make “planets-gone-wild” anymore.

7. A grand alignment of Jupiter and Saturn will gravitationally perturb Earth.

For the past several decades there have been doomsday claims that the combined gravity from grand planetary alignments will cause geologic and meteorological upheavals on Earth.

None are scheduled for 2012.

In 1962 an extremely rare grand conjunction of the classical naked-eye planets drove astrologers crazy. The conjunction happened on Feb. 4-5 and was accompanied by a solar eclipse! The most infamous grand conjunction was in 1982 and popularized in a book called “The Jupiter Effect,” which predicted earthquakes and massive tides. Life went on as usual both years. The moon has a vastly greater gravitational influence on Earth than Jupiter. It’s called location, location, location! At a whopping distance of 400 million miles from Earth, Jupiter’s tug is pretty wimpy.

The world is dangerous. Are you prepared? Get a Safety Kit and Stay Safe Today!

6. The Sun will align with the galactic equator on the winter solstice.

So what? These are simply coordinates in the sky. It has no physical reality any more than the intersection of Broadway and 7th Avenue at Times Square influences the geology of Manhattan Island. This is greatly confused with the fact that the sun’s position actually oscillates up and down as it orbits the galaxy, like a horse on a carousel.

We pass through the galactic plane every 35 to 40 million years. It’s possible that an increased number of comets might be hurled towards the Earth because of gravitational interaction with the densest parts of our galaxy during this passage. But we are talking about the consequences spanning many thousands of years, not crashing down on our heads in any one specific year.

5. The black hole in the galactic center will affect us.

The Milky Way’s black hole has no influence on the galactic disk. The black hole is three million solar masses. The Milky Way is several trillion solar masses when we add the tug of dark matter. Any gravitational influence of the black hole over the galaxy would be like the tail wagging the dog. The Milky Way’s collision with the Andromeda galaxy will dump gas into the black hole and it will blaze as a quasar. But that’s several billion years away.

4. An asteroid will smash into Earth.

A threatening near-Earth asteroid that’s gotten the most press is the 900-foot wide Apophis. But its chances of collision have been downgraded to 1 in 250,000 at its next close approach in 2029. In theory, an uncharted asteroid or comet could come out of the blue tomorrow. But if we don’t know about it today, the Mayans certainly didn’t know about it 1,200 years ago. Earth-killer impacts are tens of millions of years apart. So there’s no reason to be a doomsday clock-watcher.

3. The rogue planet Nibiru will swing by Earth.

There isn’t such a planet any more than the planet Naboo from the Star Wars trilogy is real. Purported Internet pictures of the interloper are photographic lens flares or hoaxes. Don’t believe every dot you see photographed in the sky.

2. Supernovae or hypernovae will irradiate Earth.

There are no stars that are so close to Earth that radiation from their supernova demise would seriously affect us. The nearest candidate, the red giant Betelgeuse, is predicted to explode in the next 1,000 years. The monster star Eta Carinae is also on a short fuse. Neither doomed star has a spin axis precisely aimed at Earth, so we don’t have to worry about being fried by a narrow beam of gamma rays ejected from the core’s implosion. In fact the kinds of stars that shoot out these Death Star beams are uncommon in the Milky Way. Earth has a one percent chance of getting zapped over 10 billion years. Scratch gamma ray bursts off of your homeowner’s insurance policy.

1. A cloud of negative energy engulfs the solar system.

Wow! A dark cloud with a bad attitude! This sound suspiciously like a Star Trek episode. Dark energy is all around us already, but it is not packaged into clouds. The same goes for dark matter.

The world is dangerous. Are you prepared? Get a Safety Kit and Stay Safe Today!

SOURCE

10 Reasons Why Lindsay Lohan Is Right About The Federal Reserve And The Price Of Food

10 Reasons Why Lindsay Lohan Is Right About The Federal Reserve And The Price Of Food

The American Dream
July 1, 2011
Lindsay Lohan

Does Lindsay Lohan understand monetary policy better than Ben Bernanke does? The other day, her Twitter account sent out the following message: “Have you guys seen food and gas prices lately? U.S. $ will soon be worthless if the Fed keeps printing money!” Well, it turns out that it was a “sponsored tweet” that Lohan was paid to send out, but in a subsequent tweet Lohan explained that “i actually do care about gas and food prices, so whether it’s an #ad or no, it’s important for people to be aware of it.” Okay, so we probably will not see Lohan at any “End the Fed” rallies, but it turns out that in her own bizarre way she has brought a little bit of attention to some very important issues. Food and gas prices are skyrocketing, and a lot of the blame for that can be placed on the shoulders of the Federal Reserve.

So does Lindsay Lohan really understand what is going on in the world of economics?

Of course not.

But if we can get celebrities talking about the Federal Reserve and rising prices that is a good thing.

Why?

Well, because Americans listen to celebrities. When a top celebrity says something controversial it gets a lot of attention. The more attention that we can draw to the problems the Federal Reserve is creating the better.

The reality is that the Federal Reserve has been at the heart of our economic problems for decades but most Americans don’t understand the Fed or how it works. The more Americans that get educated about the Federal Reserve the better.

The following are ten reasons why all Americans should be concerned about the Federal Reserve and rising food prices….

#1 What we are witnessing right now is part of a long-term inflationary trend. Since the Federal Reserve was created in 1913, the U.S. dollar has lost over 95 percent of its value. An item that cost $20.00 in 1970 would cost you $116.48 today. An item that cost $20.00 in 1913 would cost you $456.49today.

#2 Over the past couple of years, the Federal Reserve has used a process called “quantitative easing” to pump hundreds of billions of new dollars into the financial system. This has helped push the cost of food, gas and just about everything else up. Even though “QE2? has now come to an end, the Federal Reserve has announced that they are going to continue to “reinvest” hundreds of billions of dollars into the financial system.

#3 The Federal Reserve is not the only central bank that has been doing this sort of thing. Sadly, central banks all over the world have been recklessly printing money over the past several years. This is creating inflation all over the planet.

#4 Prices are going up but wages are not. One recent survey found that 9 out of 10 U.S. workers do not expect their wages to keep up with soaring food prices and soaring gas prices over the next 12 months.

#5 We have already seen a tremendous amount of food inflation in the United States during the last 12 months. According to a recent CNBCarticle, over the past year many of the most popular foods in America have absolutely skyrocketed in price….

Coffee, for instance, is up 40 percent. Celery is 28 percent higher while butter prices rose 26.4 percent. Rounding out the top five are bacon, at 23.5 percent, and cabbage, at 23.3 percent.

#6 In many areas of the world food inflation is far worse than it is in America. Over the past year, the global price of food has risen by 37 percent and this has pushed approximately 44 million more people around the world into poverty.

#7 When the Federal Reserve and other central banks create new money, it usually goes to big banks and major financial institutions first. So what have the big banks and the major financial institutions been doing with this new money? Well, they have been sinking a lot of it into hard assets such as oil, precious metals and agricultural commodities. Over the past 12 months, almost every single agricultural commodity has risen substantially in price. For example, the global price of wheat has approximately doubled over the past year. But it is not just wheat that has been skyrocketing. Check out what a recent Bloomberg article had to say about what has been happening to many key agricultural commodities over the past year….

Corn futures advanced 77 percent in the past 12 months in Chicago trading, a global benchmark, rice gained 39 percent and sugar jumped 64 percent.

The world is dangerous. Are you prepared? Get a Safety Kit and Stay Safe Today!

#8 Many areas of the world are experiencing severe drought right now, and this is also harming food prices. For example, the Horn of Africa is experiencing the worst drought that it has seen in 60 years.

#9 The United States is also having crop problems as well. All of the flooding, wildfires and tornadoes that we have seen this year have certainly not helped things. There is even a major “east coast stink bug epidemic” which is causing chaos for large numbers of farmers. In general, U.S. agricultural production has not been blessed this year. It just seems like there is crisis after crisis.

#10 A lot of agricultural production that would go for food is now going for other purposes. For example, almost a third of all corn grown in the United States is now used for fuel. This is putting a lot of stress on the price of corn.

So how concerned about food prices should we be?

Well, renowned investor Jim Rogers recently put it this way….

“We’ve got to do something or we’re going to have no food at any price at times in the next few years.

That doesn’t sound good.

But it is not just the price of food that is going up.

The price of gas has also gotten crazy.

Right now, the average price of a gallon of gasoline in the United States is approximately $3.54.

One year ago, it was $2.76.

Thankfully, the price of gas has actually come down a bit recently. Earlier this year it hit $3.99.

Sadly, back in the 90s you could go to just about any gas station and fill up for about a dollar a gallon. Over the past couple of years we have gotten comfortable with outrageous gas prices, but the reality is that what we are seeing now is part of a very disturbing long-term trend….

Health care costs are also spinning out of control. In a recent article about health care statistics, I noted some of the stats that show that the price of health care in the U.S. has been absolutely soaring. The following are a couple of those statistics….

*According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980. Today they account for approximately 16.3%.

*The United States spent 2.47 trillion dollars on health care in 2009. It is being projected that the U.S. will spend 4.5 trillion dollars on health care in 2019.

Education has also gotten insanely expensive as well. In a recent article I wrote entitled “Is College Worth It?“, I noted that since 1978 the cost of college tuition in the United States has gone up by over 900 percent. Some have even described the growing costs of tuition and the burden of student loan debt as a giant college conspiracy.

Today, Average yearly tuition at U.S. private universities is up to $27,293. That number has soared by 29% in just the past five years.

Unfortunately, it appears that things are going to get even worse. Thanks to dramatic budget cuts by many state governments, it is being projected that college tuition costs are going to rise even faster this year.

All of these rising prices are really squeezing the budgets of families all across America.

Things are getting really tough out there.

So if food prices keep going up this rapidly, what are we all going to eat?

Well, one scientist claims that he has been able to create an “edible steak” out of human feces.

How gross is that?

But don’t laugh – if the price of food keeps going up this rapidly many Americans might have to literally eat garbage someday.

The U.S. economy is in the middle of a long-term economic decline and thousands more Americans fall out of the middle class every single day.

Until the past couple of years, the vast majority of Americans believed that things would always be wonderful in America.

Now that has completely changed.

According to a new poll by CBS News and The New York Times, 39 percent of Americans believe that the U.S. economy has now entered a “permanent decline”.

As prices continue to rise, the number of American families that will not be able to put food on the table is going to continue to go up. Already there are 44 million Americans on food stamps. People are going to get desperate. Society is going to continue to crumble.

So yes, there are lots of reasons why Lindsay Lohan and everyone else in America should be very concerned about the Federal Reserve and the price of food.

Once our economic prosperity is gone it is going to be incredibly difficult to get back.

SOURCE

10 Tipping Points Which Could Potentially Plunge The World Into A Horrific Economic Nightmare

10 Tipping Points Which Could Potentially Plunge The World Into A Horrific Economic Nightmare

The Economic Collapse
June 7, 2011

The global economy has become so incredibly unstable at this point that it is not going to take much to plunge the world into a horrific economic nightmare. The foundations of the world economic system are so decayed and so corrupted that even a stiff breeze could potentially topple the entire structure over. Over the past couple of months a constant parade of bad economic news has come streaming in from Europe, Asia and the United States. Signs of an impending economic slowdown are everywhere. So what “tipping point” will trigger the next global economic downturn? Nobody knows for sure, but potential tipping points are all around us.

Today, the global economic system is even more vulnerable than it was back in 2008. Virtually none of the systemic problems that contributed to the 2008 collapse have been fixed.

Mark Mobius, the head of the emerging markets desk at Templeton Asset Management, was recently was quoted in Forbes as saying the following….

“There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis.”

The “financial reform” law that Barack Obama and the Congress passed a while back was a complete and total joke. They might as well have written the law on toilet paper for all the good that it is doing.

We did not learn from our mistakes and our future economic lessons are going to be even more painful.

The world is drowning in a mountain of debt, the global financial system is packed to the gills with toxic derivatives, everyone is leveraged to the hilt and the dominoes could start falling at any time.

I am not the only one that is warning that another financial collapse is coming. In fact, a whole lot of people have been warning about the next financial collapse lately.

So what will the tipping point for the next collapse be?

The following are some potential nominees….

Tipping Point #1: Syria

Syria is a situation to watch very, very closely. The Syrian government is in a lot of trouble right now. Sadly, the instability inside Syria probably makes war with Israel even more likely.

Make no mistake – a war between Israel and Syria has been brewing for a long, long time and at some point it will happen. When it happens, the entire Middle East may erupt in warfare.

Just the other day, a very troubling incident happened in the area around the Golan Heights. The following is an excerpt from a report by The Daily Mailabout the incident….

“About 20 pro-Palestinian demonstrators were killed and 325 injured yesterday when Israeli forces opened fire on them as they crossed the border from Syria into occupied territories, according to reports.”

At this point, the Syrian government is probably glad that the attention has been taken off of them at least for a while. The Syrian government has been getting a lot of bad press lately. The following is an excerpt from a recent report by Human Rights Watch about the treatment of protesters inside Syria….

“The methods of torture included prolonged beatings with sticks, twisted wires, and other devices; electric shocks administered with Tasers and electric batons; use of improvised metal and wooden ‘racks’; and, in at least one case documented by Human Rights Watch, the rape of a male detainee with a baton.

“Interrogators and guards also subjected detainees to various forms of humiliating treatment, such as urinating on the detainees, stepping on their faces, and making them kiss the officers’ shoes. Several detainees said they were repeatedly threatened with imminent execution.”

So in light of the “precedent” that we recently set in Libya, does this mean that we will be “forced” to conduct a “humanitarian mission” inside Syria as well?

Syria is one tipping point that we all need to keep a close eye on.

Tipping Point #2: Iran

The Iranian nuclear program is in the news again. A new report by RAND Corporation researcher Gregory S. Jones claims that Iran could have a nuclear weapon within 2 months. His report is based on recent findings by the International Atomic Energy Agency. According to Jones, airstrikes alone would be incapable of stopping Iran’s nuclear weapons program at this point. Instead, Jones says that a “military occupation” would be required.

It is a minor miracle that a war with Iran has not erupted yet. It seems almost inevitable that at some point either the United States or Israel will use military force to try to stop Iran’s nuclear program.

When that happens, it is going to cause a major shock to the global economy.

Tipping Point #3: Libya

NATO has made it abundantly clear that Moammar Gadhafi will no longer be tolerated. In fact, NATO apparently plans to reduce Tripoli to a heap of smoking ruins if that is what it takes to bring about the fall of Gadhafi.

What a “humanitarian mission” we have going in Libya, eh? It turns out that NATO believes that the United Nations gave it permission to bomb television stations and to make attack runs with helicopters.

Russian Deputy Prime Minister Sergei Ivanov recently said that by using attack helicopters, NATO has moved dangerously close to turning the Libya operation into a ground invasion….

“Using attack helicopters, in my view, is the last but one step before the land operation.”

So why is Libya a potential tipping point?

It isn’t because Gadhafi is a threat. He is toast.

It is because the rest of the world is watching what is happening in Libya, and that is raising global tensions.

Even if Gadhafi falls, the Libyan operation will still be a failure because it has brought us all significantly closer to World War III.

Tipping Point #4: More Revolutions In The Middle East

The revolutions throughout the Middle East earlier this year sent oil prices absolutely skyrocketing and they have remained at elevated levels.

And in case you haven’t noticed, revolutions continue to sweep the Middle East.

Have you seen what has been happening in Yemen lately?

Yemeni President Ali Abdullah Saleh has burns over 40% of his body and he has suffered a collapsed lung as a result of a recent attack.

If violence and protests throughout the Middle East become even more intense as the weather warms up this summer that could have a very significant impact on world financial markets.

Tipping Point #5: Fukushima

The mainstream news has gotten a bit tired of covering it, but the situation at Fukushima is still a complete and total disaster.

Japan’s Nuclear Emergency Response Headquarters admitted on Monday that three reactors experienced “full meltdowns” in the aftermath of the earthquake and tsunami in March.

Did it really take them nearly three months to figure this out, or were they lying to the rest of the world all of this time?

The truth is that the nuclear disaster at Fukushima is far worse than the mainstream media has been telling us. If you doubt this, just check out this excellent article or this article by Natural News: “Land around Fukushima now radioactive dead zone; resembles target struck by atomic bomb“.

The economic impact of the Fukushima disaster is going to continue to unfold over an extended period of time. It turns out that Japan is now officially in a recession. Their economy contracted at a 3.7 percent annualized rate during the first quarter.

Look for more bad economic numbers to come out of Japan for the rest of the year. Considering the fact that the Japanese economy is the third largest economy in the world, the fact that they are struggling so badly right now is not a good sign for the rest of us.

Tipping Point #6: Oil Prices

The price of oil is going to continue to be one of the biggest economic stories for the rest of this year and for 2012 as well.

The last time U.S. energy expenditures were over 9 percent of GDP was in 2008 and we quickly plunged into the deepest economic downturn since the Great Depression.

Well, we have reached the significant 9 percent figure once again in 2011, and many fear that once again high oil prices will cause another major economic decline.

Tipping Point #7: Government Austerity

In the United States, it is not just the federal government that is drowning in debt.

All over America, there are state and local governments that are financial basket cases.

I don’t always agree with the time frames that Meredith Whitney puts out there, but she is absolutely correct that we are going to see a massive municipal bond crisis. The following is an excerpt from a recent report about Whitney’s predictions on CNN….

“Meredith Whitney is issuing a fresh warning to mutual funds, banks, and politicians: The state of state finances is far worse than what you think, or at least than what you’ve been willing to tell the investors and taxpayers who will eventually carry the burden.”

Many state and local governments are attempting to get their budgets balanced by making huge budget cuts. But most of the time these austerity programs also include the elimination of a lot of government jobs.

UBS Investment Research is projecting that state and local governments will combine to slash a whopping 450,000 jobs by the end of next year.

So where will the half a million good jobs come from to replace all of those lost jobs?

Tipping Point #8: The European Sovereign Debt Crisis

Greece is just the tip of the iceberg in Europe.

Moody’s downgraded Greek debt again last Wednesday. This time Moody’s downgraded Greek debt by three levels all the way down to Caa1. At this point, the yield on 10-year Greek bonds is over 15 percent.

The EU has been going crazy trying to deal with the Greek debt crisis. The truth is that a default by the Greek government would be absolutely catastrophic. If you do not understand the kind of chaos a Greek default would set off on world financial markets, just read this editorial.

But Greece is not the only major European nation with a massive debt problem.

The government of Ireland is already indicating that they may need another bailout.

Portugal, Spain and Italy are also on the verge of collapse.

So will the EU bail all of these nations out for years and years to come?

At some point will the whole house of cards come crashing down?

Everyone needs to keep watching what is going on in Europe. The status quo is not sustainable and it cannot go on forever.

Tipping Point #9: The Dying U.S. Dollar

The euro is not the only major currency that is in trouble.

The U.S. dollar is also slowly dying.

On April 18th, Standard & Poor’s altered its outlook on U.S. government debt from “stable” to “negative” and warned that the U.S. could soon lose its prized AAA rating.

The sad truth is that faith in the U.S. dollar and in U.S. Treasuries is rapidly declining. The mainstream news is not reporting on it much, but right now the Chinese are rapidly dumpingU.S. government debt.

As the dollar declines, so will the purchasing power of average Americans. We are already seeing a tremendous amount of inflation in 2011.

But this is just the beginning.

A lot worse is going to be coming down the road.

Tipping Point #10: Drought

A lot of people that read my articles doubt that we will ever see a major global food crisis.

But one is coming.

It is just a matter of time.

Even now, many areas of the world are experiencing very serious droughts. The following is from a recent Bloomberg article….

Parts of China, the biggest grower, had the least rain in a century, some European regions are the driest in 50 years and almost half the winter-wheat crop in the U.S., the largest exporter, is rated poor or worse. Inventory is dropping 8.8 percent, the most in five years, Rabobank International says. Prices will advance 20 percent to as high as $9.25 a bushel by Dec. 31, a Bloomberg survey of 14 analysts and traders shows.

Are you concerned yet?

You should be.

But if you prefer some mindless pablum that will make you feel better, we have some of that for you too.

Larry Summers, the former director of the National Economic Council under Barack Obama, recently told CNBC the following….

“We definitely hit a slower patch, but I think the basic fact that the terrible financial strains we had are abating, remains in place, and I expect this recovery to continue for a substantial period of time.”

Does that make you feel better?

Larry Summers says that everything is going to be okay.

It would be great if Summers was actually right, but sadly he is not.

In fact, the worst economic times that America has ever seen are ahead.

The following is a brief excerpt from a recent interview with Dmitry Orlov about the coming economic collapse that was posted on shtfplan.com….

First you have financial collapse, which is basically the volume of debt that has to be taken on in order for the economy to continue functioning, cannot continue. We’re seeing that right now in Greece, we’re probably going to see that in Japan, we’re definitely at a point now in the United States where even if you raised the income tax to 100 percent, there’s absolutely no way of covering the liabilities of the U.S. federal government. So, we’re at that point now but the workout of the financial collapse is not all quite there. We don’t quite have a worthless currency but that’s in the works.

That, of course, is followed by commercial collapseespecially in a country like the United States that imports two thirds of its oil. A lot of that is on credit and if a little bit of that oil goes missing then the economy starts to fall apart because nothing moves unless you burn oil in the United States and, of course, a lot of goods that are sold everywhere are imported again, on credit.

When the U.S. dollar dies and our financial system collapses we are not going to be able to get all of the things that we need from the rest of the world so cheaply any longer.

That is going to cause fundamental changes inside the United States.

Right now, the economic news just seems to get worse and worse, but this is just the beginning.

What is eventually going to happen in this country is going to be so nightmarish that most Americans could not even imagine it right now.

So are our leaders doing anything to prepare for the coming economic crisis?

No, they are too busy with other things.

The big political news of the day was U.S. Representative Anthony Weiner finally admitting that he sent out lewd photos of himself over Twitter to women that he was not married to.

We have become the laughingstock of the world and the economic collapse has not even happened yet.

SOURCE

Top 10 Dumbest Obama Quotes of ALL TIME……We had to limit the list

Top 10 Obamaisms

The Dumbest Barack Obama Quotes of All Time

By Daniel Kurtzman, About.com Guide

10. “No, no. I have been practicing…I bowled a 129. It’s like — it was like Special Olympics, or something.” –making an off-hand joke during an appearance on “The Tonight Show, March 19, 2009 (Obama later called the head of the Special Olympics to apologize)

9. “I didn’t want to get into a Nancy Reagan thing about doing any seances.” -–after saying he had spoken with all the living presidents as he prepared to take office, Washington, D.C., Nov. 7, 2008 (Obama later called Nancy Reagan to apologize)

8. “The reforms we seek would bring greater competition, choice, savings and inefficiencies to our health care system.” –in remarks after a health care roundtable with physicians, nurses and health care providers, Washington, D.C., July 20, 2009

7. “What I was suggesting — you’re absolutely right that John McCain has not talked about my Muslim faith…” –in an interview with ABC’s George Stephanopoulos, who jumped in to correct Obama by saying “your Christian faith,” which Obama quickly clarified, Sept. 7, 2008

6. UPS and FedEx are doing just fine, right? It’s the Post Office that’s always having problems.” –attempting to make the case for government-run healthcare, while simultaneously undercutting his own argument, Portsmouth, N.H., Aug. 11, 2009

5. “I think when you spread the wealth around, it’s good for everybody.” — defending his tax plan to Joe the Plumber, who argued that Obama’s policy hurts small-business owners like himself, Toledo, Ohio, Oct. 12, 2008

4. “The Cambridge police acted stupidly.” —commenting on a white police officer’s arrest of black scholar Henry Louis Gates Jr. at his home in Cambridge, Mass., at a news conference, July 22, 2009. Obama later had to convene a “Beer Summit” at the White House to help tamp down the controversy stirred by his remark

3. “It’s not surprising, then, they get bitter, they cling to guns or religion or antipathy to people who aren’t like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations.” –speaking at a San Francisco fundraiser about his troubles winning over some small-town, working-class voters, April 11, 2008

2. “One such translator was an American of Haitian descent, representative of the extraordinary work that our men and women in uniform do all around the world — Navy Corpse-Man Christian Brossard.” –mispronouncing “Corpsman” (the “ps” is silent) during a speech at the National Prayer Breakfast, Washington, D.C., Feb. 5, 2010 (The Corpsman’s name is also Christopher, not Christian)

1. “I’ve now been in 57 states — I think one left to go.” —at a campaign event in Beaverton, Oregon, May 9, 2008 (Watch video)

http://politicalhumor.about.com/od/barackobama/a/top-10-obama-quotes.htm

The DiversityInc Top 10 Companies for LGBT Employees

By Barbara Frankel – Apr 17, 2011

This list really should be called The DiversityInc Top 10 Companies for LGBT Employees and Allies, since companies that provide inclusive corporate cultures for lesbian, gay, bisexual and transgender (LGBT) employees report increased engagement and support from their friends and relatives as well.

The criteria for determining this list is somewhat different from the other top 10 demographic lists, since there is far less available data on LGBT people than on groups broken down by race/ethnicity or gender. To determine this list, we weigh questions from The DiversityInc Top 50 Companies for Diversity® list, including employee participation in LGBT employee-resource groups, and relevant benefits, such as adoption assistance or bereavement leave for domestic partners. Any company that does not offer same-sex domestic-partner health benefits is automatically disqualified from this list, as well as the DiversityInc Top 50 and our other related lists. We also factor in third-party information for this list, including the Human Rights Campaign’s Corporate Equality Index, and input from our LGBT partner organizations, such as the Gay, Lesbian and Straight Education Network (GLSEN), Out & Equal and PFLAG (Parents, Families, & Friends of Lesbians and Gays).

Consider these aggregate facts about the companies on this list:

They average double the percentage of employees actively participating in their LGBT employee-resource groups when compared with the DiversityInc Top 50
They all have relocation assistance for same-sex partners and almost all have adoption assistance, bereavement leave and automatic 401(k) designation for same-sex partners
All have demonstrated strong partnerships with leading LGBT organizations in terms of philanthropy and leadership commitment

Here is the list and a fact about each company and why it made the list:

No. 1: KPMG

No. 29 in the DiversityInc Top 50. Also No. 2 in The DiversityInc Top 10 Companies for People With Disabilities; No. 6 in The DiversityInc Top 10 Companies for Global Diversity

KPMG has been a leader in LGBT philanthropy and in its support of its LGBT employee-resource group. The firm’s diversity training reflects its commitment to its LGBT employees. Its [email protected]’s Straight for Equality training, sponsored by the Diversity Advisory Board, is facilitated by the pride network and presented by PFLAG. It is a 90-minute interactive training aimed at general audiences with varying levels of understanding about LGBT issues.

No. 2: Wells Fargo & Co.

No. 40 in the DiversityInc Top 50. Also No. 10 in The DiversityInc Top 10 Companies for Asian Americans

Wells Fargo has been a leader in marketing and outreach to the LGBT community. Its philanthropic endeavors include GLSEN, the Point Foundation, the Gay and Lesbian Alliance Against Defamation and the National Gay and Lesbian Task Force.

No. 3: IBM Corp.

No. 7 in the DiversityInc Top 50. Also No. 4 in The DiversityInc Top 10 Companies for Asian Americans; No. 1 in The DiversityInc Top 10 Companies for People With Disabilities; No. 1 in The DiversityInc Top 10 Companies for Global Diversity

A longtime leader in creating an inclusive workplace, IBM also has been a leader in finding gay and lesbian suppliers. Working closely with the Gay and Lesbian Chamber of Commerce, IBM has an extensive process to audit these suppliers and to confirm they are gay and lesbian suppliers.

No. 4: Aetna

No. 19 in the DiversityInc Top 50. Also No. 4 in The DiversityInc Top 10 Companies for People With Disabilities

The health-insurance company has a strong LGBT employee-resource group and deep support for LGBT rights from the top. CEO and President Mark Bertolini was honored by Out & Equal Workplace Advocates last year as a straight person who has championed gay equality in the workplace.

No. 5: Ernst & Young

No. 5 in the DiversityInc Top 50. Also No. 2 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 10 in The DiversityInc Top 10 Companies for Latinos; No. 7 in The DiversityInc Top 10 Companies for Executive Women; No. 5 in The DiversityInc Top 10 Companies for People With Disabilities; No. 2 in The DiversityInc Top 10 Companies for Global Diversity

Ernst & Young has an effective LGBT and allies employee-resource group, used for recruitment and talent development. Its group has existed for more than eight years, and 7 percent of its employees are members.

No. 6: PricewaterhouseCoopers

No. 3 in the DiversityInc Top 50. Also No. 1 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 5 in The DiversityInc Top 10 Companies for Asian Americans; No. 2 in The DiversityInc Top 10 Companies for Executive Women; No. 3 in The DiversityInc Top 10 Companies for Global Diversity

The professional-services firm is tops at communicating its commitment to an inclusive workplace. Recently, PwC launched a video of gay and lesbian staff sharing their challenges as part of the It Gets Better project. PwC was the first of the Big Four accounting firms to create an advisory board of openly gay and lesbian partners.

No. 7: Sodexo

No. 2 in the DiversityInc Top 50. Also No. 5 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 3 in The DiversityInc Top 10 Companies for Supplier Diversity; No. 7 in The DiversityInc Top 10 Companies for Blacks; No. 3 in The DiversityInc Top 10 Companies for Latinos; No. 3 in The DiversityInc Top 10 Companies for Executive Women; No. 9 in The DiversityInc Top 10 Companies for People With Disabilities; No. 4 in The DiversityInc Top 10 Companies for Global Diversity

Sodexo has a valued LGBT employee-resource group, used for recruitment and talent development, and is committed to philanthropy in the LGBT community.

No. 8: Bank of America

No. 11 in the DiversityInc Top 50. Also No. 7 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 9 in The DiversityInc Top 10 Companies for Supplier Diversity; No. 9 in The DiversityInc Top 10 Companies for Executive Women

Bank of America has been a longtime visible supporter of LGBT rights, whose LGBT and ally employee-resource group has existed for more than a decade. Bank of America continues to be a public advocate for the passage of a congressional bill to ban discrimination based on sexual orientation and gender identity and expression in the workplace, the federal Employment Non-Discrimination Act (ENDA).

No. 9: Merck & Co.

No. 15 in the DiversityInc Top 50. Also No. 10 in The DiversityInc Top 10 Companies for Supplier Diversity; No. 7 in The DiversityInc Top 10 Companies for People With Disabilities; No. 7 in The DiversityInc Top 10 Companies for Global Diversity

The pharmaceutical firm has a strong commitment to philanthropy, including a partnership with GLSEN. Merck has a long-time commitment to an inclusive workforce, including an LGBT and ally employee-resource group in existence for more than 10 years.

No. 10: American Express Co.

No. 13 in the DiversityInc Top 50. Also No. 8 in The DiversityInc Top 10 Companies for Asian Americans; No. 10 in The DiversityInc Top 10 Companies for Executive Women; No. 9 in The DiversityInc Top 10 Companies for Global Diversity

American Express is also a long-time leader in creating an inclusive workplace, with its LGBT and ally employee-resource group in existence for more than 10 years. The company’s philanthropy to LGBT organizations is very strong.
Posted Monday Apr 18, 2011 by Guest;
Maybe you should show the top 100 or top 1,000, to better help us know the companies to be employed with. Only putting “10” doesn’t give us much to choose from..

http://www.diversityinc.com/article/8387/The-DiversityInc-Top-10-Companies-for-LGBT-Employees