WORLD FUTURE FUND
http://www.worldfuturefund.org

INTRODUCTION    DESCRIPTION    CITIZEN GUIDES    READING LIST    SITE INDEX

  REPORTS    NEWS    MULTIMEDIA   SEARCH    HOW TO CONTRIBUTE    HELP WANTED

   VOLUNTEERS    GRANTS    PUBLICATIONS PRINCIPLES    COPYRIGHT NOTICE    CONTACT US 
 

THE GATHERING STORM

THE HOME FRONT IN AMERICA

THE NIGHTMARES NEAR MAIN STREET

LIKE FRANCE BEFORE THE FRENCH REVOLUTION
THE OLD REGIME IN AMERICA SURVIVES
ON A GIANT NETWORK OF UNSTABLE DEBT.

IMPERIAL DELUSIONS OF GRANDEUR HAVE CREATED A FAILED STATE.

HERE WE HAVE POVERTY, SINKING WAGES, UNEMPLOYMENT,
ASTRONOMICAL NUMBERS OF PEOPLE IN JAIL
LACK OF NATIONAL HEALTH INSURANCE, CRUMBLING PUBLIC INVESTMENTS
AND ENDLESS BUDGET AND TRADE DEFICITS.


Here are some carefully documented facts that speak far louder
than all political rhetoric coming from the rulers of America
in Wall Street, Washington, the media and the educational system.

America in 2014, like France in 1788 or the Soviet Union in 1988
faces a turning point in history.


AMERICA'S POOR   HEALTH CARE  CHEMICALS  THE WAR ON DRUGS

  EDUCATION AND STUDENT DEBT  BAIL OUTS FOR THE RICH  DEBT   


AMERICA'S MIDDLE CLASS, SINKING INTO POVERTY

Today, the American middle and lower classes are in the their worst crisis since the Great Depression.  Wages are back to where they were in the 1960's.   Debts have soared. 

America and Poverty A Sorry Record (WFF Chart)

The Real Economy: Some Charts (WFF Chart)

Social Mobility in America Lags Behind "Old" Europe.   Hertz, an Assistant Professor of Economics at American University in Washington, DC, takes a scientific and statistical look at socio-economic mobility in the United States.  He finds disturbing evidence that poverty is on the rise in America and that upward economic mobility between generations in the United States, long a heralded advantage of living in this country, lags significantly behind many developed countries, especially in Western Europe.   Read the report: "Understanding Mobility in America: PDF"  (Center for American Progress, 4-26-06)

More Evidence That Half of America Is In Or Near Poverty (Truth Out, 3-24-14) There are more Americans living in poverty than what the official numbers indicate. The official poverty threshold reflects living standards that prevailed in the mid-1950's. It needs to be adjusted for the current day standard of living. Food costs have doubled since the 1980's, housing has tripled, medical costs are six times higher and college tuition is eleven times higher. Not to mention that half of Americans own NOTHING. 47% of Americans on the bottom own 1.1% of America's net wealth. What all this means is that HALF of Americans are in poverty!

One in Four Households Have No Net Worth (Economy in Crisis, 3-30-11)
Even scarier is the fact that the bottom 20 percent of Americans have a negative net worth. One in five people are living in debt. Also see The Great Recession exacerbated existing wealth disparities in U.S. (Economic Policy Institute, 3-29-11). The number of impoverished Americans is growing quickly. While the Census Bureau has reported a number of 15% of Americans living in poverty, other reports show a more grim reality: Half of America in Poverty (Alternet, 5-26-13).

Almost a Third of Americans Under 35 Are Living With Their Parents: (FedUpUSA) According to a stunning Gallup Survey, nearly 3 out of 10 young adults are living at home with their parents. This is due to unrealistic housing costs as well as a weak job market.

Half of Food Stamp Recipients are Children (CNN Money, 11-26-13) Food stamps are currently feeding 47 million people. Enrollment in the program has surged since the recession, 15% of the population is on the program. Children account for 45% of food stamps. The White House also highlighted in a 2011 survey that most of food stamps go to the elderly, children and people with disabilities.

Poverty and Society by Daniel Devine(Paperback) Excellent book on government social programs around the world. Shows history of programs. This book knocks down the delusions that U.S. government is "too big". (In reality it's the smallest in the developed world as a share of GNP).

Nearly 40 percent of mothers are now the family breadwinners, report says (Washington Post, 5-29-13)
As more women move into the workforce, it is becoming more common for women to be the heads of household or breadwinners in the family. Yet much of this statistic also reflects the growing number of single mothers in America. The topic of birth control is still one that is not taken seriously enough in America, which explains why this country has the highest rate of teen pregnancies among modern countries.

The Globalization of Hypocrisy (Common Dreams, 5-20-13)
The corporate world's relentless drive for profits has destroyed key aspects of American society: health care, education, as well as access to safe water and food.

Debtpocalypse and the hollowing out of America (Jeralee, 12-7-12)
Entire cities and sections of American society have been hollowed out by Financial devastation and debt. This is accentuated by the fact that prominent American industries have been shipped over seas never to come back.

The New Slavery Is Bigger Than The Old Slavery: More Black Men Are in Prison or on Probation Today Than Were Enslaved In 1850 (Huffington Post, 10-12-11)
Black men are over represented in prison for drug based crimes, even though whites use and deal drugs at similar rates. Imprisonment may be the new way to disenfranchise Black men.

Former President Clinton's Welfare Reforms of the 1990's Made America's Poorest Families Even More Poor (Center for Budget and Priorities, Off The Charts, 5-25-11)

AMERICA'S DECLINING WAGES
American minimum wages (adjusted for inflation) are back to where they were in the 1960's. It peaked in 1968 and hasn't recovered since. Studies show that if minimum wage kept up with productivity, it would be $21.72 an hour.

Minimum wage would be $21.72 if it kept pace with increase in productivity (Huffington Post, 2-13-13)

The Middle Class Myth: Here's Why Wages are Really So Low Today (Salon, 12-30-13)

What the Recovery is Leaving Behind: The Long-Term Unemployed and Living Wage Jobs (The Shriver Brief, 10-29-13)

The Collapse of the Hourly Wage (Counter Punch, 6-10-13)

Elizabeth Warren: Minimum Wage Would Be $22 An Hour If It Had Kept Up With Productivity (Huffington Post, 3-18-13)

GLOBAL POVERTY

Growth of the World's Slums (World Future Fund Chart)

There are 85 People Who Are As Wealthy As Half the world. (Huffington Post, 1-21-14)

Crisis Squeezes Income and Puts Pressure on Inequality and Poverty (OECD Report, 2013)
The gap between the rich and the poor in OECD countries has increased more between 2007-2010, than in the previous 12 years.

Poverty Facts and Stats (Global Issues)
This site includes many detailed and informative statistics about the state of world poverty. One particularly horrific fact is that at least 80% of humanity lives on less than $10 a day. Almost half of the world - over 3 billion people - live on less than $2.50 a day. This trend of income inequality is also continuing to grow.

CHILD POVERTY

America and Poverty A Sorry Record (World Future Fund Chart)

America's Greatest Shame: Child Poverty Rises and Food Stamps Cut While Billionaires Boom (Alternet, 11-1-13)

Study: Poor Children are Now the Majority in American Public Schools in South, West (Washington Post, 10-16-13)

UNICEF Report On Child Well-being Shows U.S. Near Bottom Of List (International Business Times, 4-11-13)

Read the Report Here: "Child Well Being in Rich Countries: A Comparative Overview" (PDF)

UNEMPLOYMENT

Record Low Number of Adults in Workforce (MSN Money, 2-10-14)
Today, one in six men are unemployed in their prime working years (ages 25-54) . In the early 1970's, this number only included 6% of American men. By late 2007, that number was 13%. In 2009, that number was the worst of the recession, nearly 20% of working age men didn't have jobs. For women, the numbers are a different story. In the 1950's, only a third of working aged women had jobs. Now that number has risen to 70% of working aged women being employed. You can also read this story at The Wall Street Journal (2-6-14)

America Needs a Better Measure of Unemployment (Against Crony Capitalism, 3-24-14) If we measured unemployment today in the same way that we did during the Great Depression of the 1930's, today's unemployment would be worse than any single year of the Great Depression. Even with the Fed saying that unemployment rates are at "6.5%," much of the numbers are very doctored. The official numbers do not take into account the people who have dropped out of the job market completely and given up looking for work.

PREDICTIONS OF COMING ECONOMIC COLLAPSE IN AMERICA

FROM THE ECONOMIC COLLAPSE BLOG

The "official" unemployment numbers do not reflect the real situation in America. The reality is that there are less jobs now for Americans than when this century first began. A key factor in unemployment is the off-shoring of millions of jobs that will not be coming back. There is also the replacement of workers with technology. Yet there are predictions that America has not seen the worst of its economic crisis. There are predictions that this whole situation is about to get even worse.

MASS INCARCERATION: THE NEW SLAVERY

The Sentencing Project
This website offers data on the mass incarceration of America's population. One in nine men can expect to be jailed in their lifetime. The rate of incarceration is the highest for America's black males: one in three black males can be expected to be jailed in their lifetime. Compare this to white males who experience an incarceration rate of one in seventeen. America's jail system has experienced a 500% increase over the past 30 years. There are now 2 million Americans in prison, yet this mass incarceration has not done much to improve public safety overall. While the United States has 5% of the world's population, we house 25% of the world's prisoners.

The New Slavery Is Bigger Than The Old Slavery: More Black Men Are in Prison or on Probation Today Than Were Enslaved In 1850 (Huffington Post, 10-12-11) Black men are over represented in prison for drug based crimes, even though whites use and deal drugs at similar rates. Imprisonment may be the new way to disenfranchise Black men.

The New Jim Crow: Drug Policy as Race Policy (The New York Times, 3-6-12)
Michelle Alexander's book, "The New Jim Crow" has galvanized the American debate on Drug Policy and the mass incarceration of America's Black Males.

Read The New Jim Crow on Amazon

There Are 10 Times More Mentally Ill People Behind Bars Than in State Hospitals (Mother Jones, 4-8-14)
This article brings attention to the mass incarceration of the mentally ill in America. Now that mental institutions are no longer holding as many mentally ill patients as they did in the past, prisons are becoming the new home for America's mentally ill.


AMERICA'S POOR   HEALTH CARE  CHEMICALS  THE WAR ON DRUGS

  EDUCATION AND STUDENT DEBT  BAIL OUTS FOR THE RICH

DEBT   RELIGION   POLITICAL SCANDAL   CHRIS HEDGES


LIFE AND DEATH IN AMERICA: THE AMERICAN HEALTH CARE CRISIS

Today, it is estimated that anywhere between 20,000 - 45,000 Americans die from a lack of health care coverage per year (New York Times, 9-17-09)

Single Payer Health Insurance Plan, The Only Effective Option For Keeping America Healthy (World Future Fund Report)
A majority of Modern states in the world use Single Payer Health Insurance - except for America. This is a social program that even Imperial Germany had, 100 years ago. It is a system with one payer - the government. In the United States of America, many of the great institutions that we take for granted are kept afloat by government funding: education, police force, firefighters, military, etc. Yet one of the most important institutions of American society, our physicians and health providers, do not receive this same treatment. Instead we have an interweaving mess of competing Health Insurance Companies and government bureaucracies. There are currently 50 million Americans who do not receive health care (i.e. 1 in 6 Americans). However, even after Obama's Affordable Care Act (Obamacare) is put into place, there will still be 30 million Americans with no health care.

32 Year old Florida Woman Dies on Stranger's Doorstep From Lack of Health Care (Daily KOS, 4-9-14)

Beyond the Spin, Some Facts About the Affordable Care Act (Aljazeera, 10-14-13)

Left Behind: Stories From Obamacare's 31 Million Uninsured (Washington Post, 9-8-13)

Woman Who Obama Cited as Obamacare Success Story Now Says She Can't Afford Health Care Coverage (Reason, 11-19-13)

Obamacare Could Force 80 Million Off Employer-Provided Plans (Free Beacon, 11-26-13)

Sorry Liberals, Obamacare's Problems Go Much Deeper Than the Website (Washington Post, 10-25-13)

Why Obama's Public Option Is Defective, and Why We Need Single-Payer (Physicians For a National Health Program, 7-22-09)

AMERICA'S PRESCRIPTION DRUG ADDICTION

7 Drugs Whose Dangerous Risks Emerged Only After Big Pharma Made Its Money (Alternet, 1-2-14)

Prescription Drugs Now Kill More People in the US than Heroine and Cocaine Combined (Business Insider, 9-26-12)

THE FORCED DRUGGING OF CHILDREN
Did you know that thousands of children around the country are taking stimulants with the potency of cocaine as well as other psychotropic drugs? These drugs have severe side effects such as suicide, violence, cardiac toxicity, diabetes, stunted growth, and psychosis. Not only are these drugs legal, but for some children they are mandatory. These drugs are often pushed onto children by the public education system at very young ages. Since the 1990's, school psychiatrists have been handing out pills right and left for common behavioral issues such as "ADHD." Often the symptoms of ADHD are characterized as the "inability to pay attention in the classroom" and "hyper-activity." These are traits that basically any school child could have. Prescription becomes more of a guess than a scientific diagnosis. Yet school psychiatrists and teachers have been pressuring parents to give their children these drugs at growing rates.

Forced Drugging and Special Services: (Psych Rights PDF)

Forced Drugging of Children in Foster Care: (Pysch Rights PDF)

The Business of ADHD (PBS)

Ritalin Proven More Potent Than Cocaine: Nearly 10 Million Kids Drugged (Rense)


AMERICA'S POOR   HEALTH CARE  CHEMICALS  THE WAR ON DRUGS

  EDUCATION AND STUDENT DEBT  BAIL OUTS FOR THE RICH  DEBT   


POISON IN THE BLOOD:

HUNDREDS OF UNREGULATED CHEMICALS IN AMERICAN BLOOD

Failure of U.S. Chemical Testing: Poison in The Blood(World Future Fund)
America's track record on testing poisonous chemicals has been one of complete neglect to public health and safety. Most Americans assume that chemicals in everyday products such as shampoos and detergents have been tested. In this assumption, they are dead wrong. In its entire history, the Environmental Protection Agency has only succeeded in banning five substances (New York Times). America clearly does not take the regulation of hazardous chemicals very seriously.

EPA and EU Sites Concerning Chemicals and Human Health (World Future Fund)

Chemicals and Health Organizations (World Future Fund)

From fertiliser to Zyklon B: 100 years of the scientific discovery that brought life and death (The Guardian, 11-2-13)


AMERICA'S WAR ON DRUGS

America is the world's leader in incarceration with around 2.2 million people currently in prison or jail. This marks a 500% increase in the incarcerated population since the war on drugs began in the 1980's. Drug offenders even make up a majority of the Federal Prison population. Yet most evidence shows that the war on drugs has been an abysmal failure. The proportion of people consuming illicit drugs in America has not changed significantly since the war on drugs began. America has spent trillions on this drug war with few results. The Drug War has also wrecked havoc in South America, it has killed thousands while bringing several violent drug cartels to power.

Drug abuse is a disease much like alcohol abuse and should be treated with rehabilitation and therapy; A prison sentence is not an effective treatment.

A Timeline of America's Drug War (Frontline)

Drug War Statistics

The US War on Drugs and its Legacy in Latin America (The Guardian, 2-3-14)

Cheaper, Purer Illegal Substances Suggest Global War on Drugs is Failing (CNN, 10-1-13)

The New Jim Crow: Drug Policy as Race Policy (The New York Times, 3-6-12)
Michelle Alexander's book, "The New Jim Crow" has galvanized the American debate on Drug Policy and the mass incarceration of America's Black Males.

Have We Lost the War on Drugs? (The Wall Street Journal, 1-4-13)


EDUCATION AND THE BUBBLE OF STUDENT DEBT

Education Spending, An Area Where America Spends More and Gets Less (World Future Fund Report)
Even though America spends more than most modern states on Education, this is an area where our money is not working. We need smart spending, not more spending. One thing that would improve our ailing education system would be a National Broadband Strategy that would connect all students to the internet. Check out our report for other suggestions.

The US Student Loan Debt Bubble, A Threat To America's Future (World Future Fund Report)
Student debt is now bigger than credit card debt. It is also the only kind of debt that cannot be canceled by bankruptcy. Many Americans are told that the costs of Education are worth it, that these costs will guarantee them a bright and affluent future. Yet now, many recent college graduates are more in debt and out of work than their contemporaries who only received a high school education.

How Wall Street Brokers Are Designing the Future of Public Education as a Money-Making Machine (Truth Out, 12-11-13)

College Grads on Food Stamps on the Rise (Alternet, 2-15-13)

America's growing education gap (Aljazeera, 2-22-13)

AMERICAN IGNORANCE OF FOREIGN AFFAIRS

American people are appallingly ignorant of international affairs.  (Salon Web Site, 9-27-01

Just How Stupid Are We?: Facing the Truth About the American Voter: Rick Shenkman


AMERICA'S POOR   HEALTH CARE  CHEMICALS  THE WAR ON DRUGS

  EDUCATION AND STUDENT DEBT  BAIL OUTS FOR THE RICH  DEBT  


WHILE THE POOR SUFFER,

THE SUPER RICH GET GIANT GOVERNMENT BAILOUTS.

The wage gap that exists in America today is unprecedented in history. Six Walmart heirs currently own more wealth than the bottom 30% of America's population. The Federal Reserve is pumping $85 billion worth of new money into the economy each month, yet where is this money going? Job growth is anemic and wages (adjusted for inflation) are back to where they were in the 1960's. The Federal Reserve has handed out $2 trillion in loans, but Bernanke won't say where the money is going. Is this money really being spent to help America, or America's wealthiest citizens? While America's wealthiest citizens get a bail out, American debt and trade deficits continue to escalate.

THE FEDERAL RESERVE

Federal Reserve is printing $85 billion dollars worth of new money into economy monthly: Economists call this a big mistake (Forbes, 9-20-13)

The Federal Reserve’s Nuclear Option: A One-Way Street to Oblivion (2-5-14)
The fed cannot create a bid in bidless markets that lasts beyond its own buying. The Federal Reserve has one last doomsday option to stop a meltdown in the global financial markets: creating trillions of dollars out of thin air and using the cash to buy assets that are in free-fall. This article explains why this strategy is a one way trip to oblivion.

Senator Sanders asks Bernanke "Where is The Money?" (YouTube)
The Federal Reserve lends out $2 trillion in loans, Bernanke won't tell Senator Sanders where it went.

$9,000,000,000,000 Missing From the Federal Reserve (YouTube, 5-13-12)

THE BAILOUTS FOR AMERICA'S BIG BANKS ALONG WITH GROWING INCOME INEQUALITY

The $12 Trillion Dollar Bailout (World Future Fund Report)
Never before in American history has so much public money been used to bailout private blunders and crimes. The money spent so far is higher than the cost of world war II in constant dollars.

Wealthiest Americans Take Home Biggest Share of Income Ever Recorded (Alternet, 9-11-13)

Too-Big-To-Fail Banks Have Raked In $102 Billion In Subsidies Since 2009: Report (Huffington Post, 5-10-13)
We can't afford to bail out the countless people who have had their homes foreclosed by the banks, but we can afford to reward these banks with billions.

Also check out World Future Fund's Too Big To Jail page.

And Why Should Taxpayers Give Big Banks $83 Billion a Year? (Bloomberg, 2-20-13)


AMERICA'S GROWING DEBT

Debt is like a drug.  It creates a false sense of security while poisoning the mind and the body. With drastic reforms, America's debt crisis can be managed. Yet without the political willpower to tackle this crisis, America's current debt, deficits, lack of savings and overall lack of investment could lead to large scale economic collapse.

AMERICAN DEBT

Total U.S. Debt As A Share of GNP: CHART (World Future Fund)  Debt as a % of GNP at highest level in history.

International Savings and Investment (World Future Fund)   Once the world greatest creditor, America is now a basket case with a stunning $4 trillion more debts than assets.

We're in a private debt crisis that could lead to the next economic collapse: Richard Vague (Yahoo Finance, 3-28-14)
The United States is in the midst of a private debt crisis. American consumers owe $11.52 trillion in debt. When combined with corporate debt, the U.S. collectively owes $28 trillion in private debt. This also includes the crisis of student debt.

This Surprising Chart Shows Which Countries Own the Most U.S. Debt (Washington Post, 10-10-13)

TAXES

Taxes and Deficit 1980-2010  (World Future Fund)
Shows need to raise taxes.


AMERICA'S POOR   HEALTH CARE  CHEMICALS  THE WAR ON DRUGS

  EDUCATION AND STUDENT DEBT  BAIL OUTS FOR THE RICH   DEBT