vbierschwale

Number of U.S. Homes With Negative Equity Is Stunning

One thing I don't think that people realize is that this negative equity is paper only as long as they don't try and sell and this is only a symptom of the real problem.

I wrote an article this morning at www.KeepAmericaAtWork.... that describes the real problem of why our manufacturers, retailers and raw material producers are suffering now.

The solution is very simple - Give me the names of the CEO's and the company names so that I can add them to the "Wall of Shame" on my site so that our fellow citizens can see exactly who is responsible for this financial crisis.
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Polls,

You love them or you hate them or in my case, you distrust them because they don't provide the detail so that you can verify the accuracy of the data.

But on the other hand, I'm noticing some interesting things in the "Employed" poll that I am running this month.

As of right this minute we have:

19 employed for 57.6 %
7 unemployed for 21.2 %
5 looking for 15.2%
2 gave up for 6.1 %
Now according to the cia's web site we have about 300 million people in america, so lets divide that into 3 age groups.

Lets make the assumption that 100 million are under the age of 18 which leaves 200 million.

So we have an age group from 18 - 98 and 200 million people

A lot of people either retired at 65 or possibly were forced to retire at 65 which leaves from a total of 70 working years:

33 years of retired people and
37 years of working people
That is awful close to 50 % this early in the morning.

So these rough numbers tell me we should have 100 million working and 100 million retired as approximate numbers.

Now I read in one of the government reports a while back that our government uses 150 million workers which makes me wonder how they arrived at that number, but thats another topic at a later date.

So we have 100 million workers, now lets deal with the numbers above and we'll add the 19 employed and the 5 looking for a total of 24 working and we'll add the numbers of 7 unemployed and 2 gave up for a total of 9

So now we have the numbers of 24 and 9 which gives us 33

So now we will divide 100 million by 33 and we get 3,030,303 per number

So now we're going to multiply 3,030,303 times 24 and we get a working population of 72,727,273

And now we're going to multiply 3,030,303 times 9 and we get a unemployed populaton of 27,272,727

Damn, does that give us an unemployed percentage of 28 % instead of the 6 % our experts are telling us.

Now do you see why our economy and the economy of all the democratic countries is suffering right now ?

As for you other democratic countries, run the numbers on your own country and if your leaders have followed America's lead and sent your jobs offshore, then that will explain why you're going through the same problems we are.