Monthly Archives: December 2009

2010 Prediction: Collapse of the U.S. Middle-Class

The once vibrant and robust American middle-class that was the pillar of American democracy we become no longer sustainable and begin to collapse in 2010 as the number of people seeking jobs far exceeds the number of jobs available with almost 50% of the home mortgages being underwater (meaning that middle-class homeowners will owe more on their mortgage than what

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2010 Prediction: Federal Reserve Transparency Act (H.R. 1207)

FEDERAL RESERVE PREDICTION: H.R. 1207 The Federal Reserve Transparency Act, a bill to amend title 31 of the United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported that is currently… in committee,

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2010 Prediction: U.S. Unemployment and Under-Employment

Due to ravages of economic crisis there will be over 28 million people unemployed or underemployed by 2010, with nearly 50 million people living in poverty (e.g. a family of 4 with a income of no greater then $22,050) and struggling with no health insurance or health care of any kind. (November 30, 2009) For more 2010 predictions (so far)

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