Menu   ≡ ╳
  • News
    • Major Tournaments
    • General News
    • USA Chess
  • Puzzles
  • Improvement
  • Event
  • College
  • Scholastic
  • Women
  • Search

        More results...

        Or you can try to:
        Search in Shop
        Exact matches only
        Search in title
        Search in content
        Search in comments
        Search in excerpt
        Search for News
        Search in pages
        Search in groups
        Search in users
        Search in forums
        Filter by Categories

        Try these: Sicilian Defense, Empire Chess, USA Chess

    • SPICE
    • Videos
    • Susan’s Blog
    • About Us
    • Contact Us
    • SPICE
    • Videos
    • Susan’s Blog
    • About Us
    • Contact Us
    Menu   ≡ ╳
    • News
      • Major Tournaments
      • General News
      • USA Chess
    • Puzzles
    • Improvement
    • Event
    • College
    • Scholastic
    • Women
    • Search

          More results...

          Or you can try to:
          Search in Shop
          Exact matches only
          Search in title
          Search in content
          Search in comments
          Search in excerpt
          Search for News
          Search in pages
          Search in groups
          Search in users
          Search in forums
          Filter by Categories

          Try these: Sicilian Defense, Empire Chess, USA Chess

      Home  >  Daily News • USA Chess  >  The Financial State

      The Financial State

      Financial Crisis, money, USA



      January 2009
      TODAY

      % chg

      Source

      Avg.. Retail price/gallon gas in U.S.
      $1.83
      $3.44

      84%

      1
      Crude oil, European Brent (barrel)
      $43..48
      $99..02

      127.7%

      2
      Crude oil, West TX Inter. (barrel)
      $38..74
      $91..38

      135.9%

      2
      Gold: London (per troy oz.)
      $853.25
      $1,369.50

      60.5%

      2
      Corn, No.2 yellow, Central IL
      $3.56
      $6.33

      78.1%

      2
      Soybeans, No. 1 yellow, IL
      $9.66
      $13..75

      42.3%

      2
      Sugar, cane, raw, world, lb. Fob
      $13..37
      $35..39

      164.7%

      2
      Unemployment rate, non-farm, overall
      7.6%
      9.4%

      23.7%

      3
      Unemployment rate, blacks
      12.6%
      15.8%

      25.4%

      3
      Number of unemployed
      11,616,000
      14,485,000

      24.7%

      3
      Number of fed. Employees
      2,779,000
      2,840,000

      2.2%

      3
      Real median household income
      $50,112
      $49,777

      -0.7%

      4
      Number of food stamp recipients
      31,983,716
      43,200,878

      35.1%

      5
      Number ofunemployment benefit recipients
      7,526,598
      9,193,838

      22.2%

      6
      Number of long-term unemployed
      2,600,000
      6,400,000

      146.2%

      3
      Poverty rate, individuals
      13.2%
      14.3%

      8.3%

      4
      People in poverty in U.S.
      39,800,000
      43,600,000

      9.5%

      4
      U.S.. Rank in Economic Freedom World Rankings
      5
      9

      n/a

      10
      Present Situation Index
      29.9
      23.5

      -21.4%

      11
      Failed banks
      140
      164

      17.1%

      12
      U.S.. Dollar versusJapanese yen exchange rate
      89.76
      82.03

      -8.6%

      2
      U.S.. Money supply, M1, in billions
      1,575.1
      1,865.7

      18.4%

      13
      U.S.. Money supply, M2, in billions
      8,310.9
      8,852.3

      6.5%

      13
      National debt, in trillions
      $10..627
      $14..052

      32.2%

      14

      Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation’s history.

      Over 27 times as fast. Metaphorically speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane.

      27 times faster, it would be doing 7,555 MPH!

      Sources:

      (1) U.S. Energy Information Administration; (2) Wall Street Journal; (3)Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. Of Labor;
      (7) FHFA; (8) Standard & Poor’s/Case-Shiller; (9) RealtyTrac; (10)Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC;
      (13) Federal Reserve; (14) U.S. Treasury

      Chess Daily News from Susan Polgar
      Previous Article TGIF chess tactic
      Next Article Did you know…

      About Author

      Susan Polgar

      Related Posts

      • History has been made!

        September 21, 2016
      • A victory 79 years in the making!

        September 19, 2016
      • Exclusive video of USA – Ukraine – Russia receiving Baku Olympiad Medals

        September 15, 2016

      12 Comments

      1. Blog Admin Reply
        April 22, 2011 at 3:08 pm

        Because of the horrendous financial situation in the US and around the world, many tournaments with long tradition have to be either postponed or canceled. This is why chess organizers have to work harder and more creatively to find new sponsors.

      2. Anonymous Reply
        April 22, 2011 at 4:37 pm

        Thank you, President Obama, for destroying the United States with your Socialist policies. Thank you, VP Biden, for your liberal agenda. Both of you make President Carter look like a genius.

      3. Anonymous Reply
        April 22, 2011 at 5:38 pm

        Just blame Bush. It works.

      4. Anonymous Reply
        April 22, 2011 at 6:17 pm

        I blame the bankers. The politicians are sock puppets of the money men. Obama is a pawn in this dangerous game of chess. Many will discover it is not chess that is being played but Russian Roulette!

      5. Anonymous Reply
        April 22, 2011 at 6:19 pm

        Notice that Mount Debt has Obama’s head and ears at the top? It needs to have Bernanke or Soros’ heads instead.

      6. Anonymous Reply
        April 22, 2011 at 7:25 pm

        Peak oil!

        Ressource scarcity

        Energy/climate constraints

        Basically End of Growth…

        Wake Up people!

      7. Anonymous Reply
        April 23, 2011 at 12:44 am

        If a car goes 27 times faster than 65MPH, wouldn’t it be going 1755MPH, not 7555MPH???????????????

      8. Anonymous Reply
        April 23, 2011 at 2:26 am

        Peak oil is a myth. I can see you failed biology anon. Biologists have proven that oil is being constantly made by microbes in the soil. This theory was proven through the creation of bio-diesel. You know he stuff they are making out of corn and the reason why your corn flakes doubled in price recently? The corporate fat cats at Monsanto are hoping we ignore the fact they are using microbes to make oil. The same microbes currently making fresh oil everyday. This proves that the common human being is phenomenally stupid.

        Stupid anon is stupid.

      9. Anonymous Reply
        April 23, 2011 at 2:56 am

        The bankers got theirs. It doesn’t really matter which party is in power. They are both beholden to Goldman Sachs.

        Taxpayers first bailed out Goldman. Then, through AIG, funneled more billions to counter parties that included Goldman and a German bank.

        Now the profits are back, but they are not being shared. Profits are private, losses are socialized. It’s heads I win, tails you lose.

        No one still knows the size of the derivatives market. Some say Credit Default Swaps alone are over $300 trillion. Think about that… the entire US GDP is $13 trillion. And the bankers are gambling $300 trillion.

        And nothing much happened to correct that. Glass-Steagle is gone, and has not been back. Getting derivatives legalized, btw, was Senator Phil Graham’s pet project. Search google for Brooksley Born. She tried to fix that, but the then treasury sec (Rubin), Greenspan, and Phil Graham put a kabosh on her plans.

        All this debt stuff is just a passing phase… the real underlying problems are unfortunately much harder to tackle. The fox is guarding the hen house.

      10. Online Chess Reply
        April 23, 2011 at 4:32 am

        Why can’t we keep politics out of chess blogs?

      11. Anonymous Reply
        April 23, 2011 at 5:49 am

        “Why can’t we keep politics out of chess blogs?”

        It is very relevant anon, if we can’t feed ourselves and our kids we cannot play chess. It is time to have another Bolshevik revolution because the American Revolution can’t happen with fat stupid Americans unable to see the danger they put the world in because of allowing the Zionist bankers ruin the world money system. We need Russian common sense! We need Bobby Fischer back! Bobby knew about the likes of Soros and Kissinger, both Zionist traitors to humanity.

      12. Anonymous Reply
        April 23, 2011 at 8:24 am

        “If Athens cries but Sparta doesn’t laugh.”
        If the U.S. is crying, the EU does not laugh.

        Speculation on the stock exchange, business broker, conflict of interest, the banks’ power…

        Italy is the joke of the world.

        A kiss.

        Stef

      Leave a Reply to Blog Admin Cancel reply

      Improvement

      • Important Scholastic Coaching Tips
      • My Chess Quotes Over The Years
      • My kids know chess rules. What’s next?
      • Chess Parenting

      Events

      • My Top 10 Most Memorable Moments in Chess (Part 3) May 13, 2021
      • My Top 10 Most Memorable Moments in Chess (Part 2) May 12, 2021
      • My Top 10 Most Memorable Moments in Chess (Part 1) May 10, 2021
      • About Susan Polgar April 9, 2021
      • About Us
      • Contact Us
      • Daily News
      • My Account
      • Terms & Conditions
      • Privacy Policy

      Anand Armenia Breaking News Chess Club and Scholastic Center of St Louis Chess interview Chess Olympiad Chess tactic Chess tournament chess trivia China FIDE Grand Prix Holland India Khanty-Mansiysk LIVE games Lubbock Magnus Carlsen Moscow National Championship Norway OnlineChessLessons Philippines Puzzle Solving Russia Scholastic chess Spain SPF SPICE SPICE Cup St Louis Susan Polgar Tata Steel Chess Texas Tech Tromsø TTU Turkey Webster University Wesley So Wijk aan Zee Women's Chess Women's Grand Prix Women's World Championship World Championship World Cup

      April 2026
      M T W T F S S
       12345
      6789101112
      13141516171819
      20212223242526
      27282930  
      « Sep