Poverty

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      In US, record numbers are plunged into poverty

      Posted by Jeff from Rawstory

      Based on the latest available US census data from 2005, the McClatchy Newspapers analysis found that almost 16 million Americans live in "deep or severe poverty" defined as a family of four with two children earning less than 9,903 dollars -- one half the federal poverty line figure.

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    • Richest 2 Percent Own Half the World's Wealth

      Posted by Jeff from Kurtnimmo

      They found the richest 1 percent of adults owned 40 percent of global assets in the year 2000, and that the richest 10 percent of adults accounted for 85 percent of the world's total. In contrast, the assets of half of the world's adult population account for barely 1 percent of global wealth "It reflects the extreme nature of inequality around

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      Nobel Laureate: Poverty Fight Essential

      Posted by Jeff from Washington Post

      "I firmly believe that we can create a poverty free world if we collectively believe in it," Yunus said after accepting the prize at City Hall in Oslo, Norway. "The only place you would be able to see poverty is in a poverty museum."

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  1. thumbnail

    okami comments on:

    Seattle Mayor and Council Think $1,115 a Month for Rent is Affordable Housing

    sure. . .that’s about three times what i’m paying on my house. . .which takes up half my retirement. . .

    affordable?  not to people worse off than me.

    Reply »

    1:22 am 7/02/08
  2. thumbnail

    Jeff comments on:

    Seattle Mayor and Council Think $1,115 a Month for Rent is Affordable Housing

    Nickels may be a community leading green mayor but he’s also a developer’s mayor and paul allen’s mayor and a do-little mayor on transit.

    Reply »

    11:35 pm 7/01/08
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    lizsternberg comments on:

    Seattle Mayor and Council Think $1,115 a Month for Rent is Affordable Housing

    I was motivated to write to May Nickels in response to this.  Here’s what I wrote to him:

    "I do not believe $1115 in rent a month is "Affordable housing." 

    The fact that there are many well to do business people in Seattle should not put a shadow over the Childcare professionals, construction workers, educators, and Administrative Assistants who make less than 40K a year.  If they had to pay $1115 a month it would most certainly be well over 30% of their income. 

    Are you trying to turn Seattle into an elitist community, or what?"

     

    If you feel the same way, you should email important officials too.

    Reply »

    11:22 pm 7/01/08
  4. thumbnail

    Aisleace comments on:

    Seattle Mayor and Council Think $1,115 a Month for Rent is Affordable Housing

    I always heard that rent or housing shoud be 25% of your salary. That $1115 a month works out to a salary of $53520 a year. They must be rich in Seattle if low income singles (because it’s a studio apartment) are making over $53000 a year. Based on a 40 hour week that works out to $25.48/hour.

    Reply »

    9:36 pm 7/01/08
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    mymanjones comments on:

    Seattle Mayor and Council Think $1,115 a Month for Rent is Affordable Housing

    I live on Social Security only. My income is less than $900 a month. HUD gives we senior citizens a place to live at 30% of income after medical expenses. Try it sometime. Going to the bathroom on a regular basis is our form of joy.

     

    Don Jones

    Reply »

    8:57 pm 7/01/08
  6. thumbnail

    newscloud2 comments on:

    Seattle Mayor and Council Think $1,115 a Month for Rent is Affordable Housing

    I think I heard someone call the crane the official bird of Seattle.

    See http://www.crosscut.com/real-estate/12205/Skyline%2C 2008/

    Reply »

    5:11 pm 7/01/08
  7. thumbnail

    j1o2n3a4s5 comments on:

    Seattle Mayor and Council Think $1,115 a Month for Rent is Affordable Housing

    endentured housitude to the fascist bankers

    Reply »

    5:05 pm 7/01/08
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    Jeff

    Member since Sep 2008

    Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.

    Seattle


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    Sandyenglish

    Member since Sep 2008

    New York


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