Mr BUBBLES Alan Greenspan claims more victims
Americans Killing Themselves Over Financial Crisis
By Fatima Tassaduq • Oct 14th, 2008 • Category: Politics • (3,798 views) • One Response
An out-of-work money manager in California loses a fortune and wipes out his family in a murder-suicide. A 90-year-old Ohio widow shoots herself in the chest as authorities arrive to evict her from the modest house she called home for 38 years.
In Massachusetts, a housewife who had hidden her family’s mounting financial crisis from her husband sends a note to the mortgage company warning: “By the time you foreclose on my house, I’ll be dead.”
Then Carlene Balderrama shot herself to death, leaving an insurance policy and a suicide note on a table.
Across the country, authorities are becoming concerned that the nation’s financial woes could turn increasingly violent, and they are urging people to get help. In some places, mental-health hot lines are jammed, counseling services are in high demand and domestic-violence shelters are full.
“I’ve had a number of people say that this is the thing most reminiscent of 9/11 that’s happened here since then,” said the Rev. Canon Ann Malonee, vicar at Trinity Church in the heart of New York’s financial district. “It’s that sense of having the rug pulled out from under them.”
With nowhere else to turn, many people are calling suicide-prevention hot lines. The Samaritans of New York have seen calls rise more than 16 percent in the past year, many of them money-related. The Switchboard of Miami has recorded more than 500 foreclosure-related calls this year.
“A lot of people are telling us they are losing everything. They’re losing their homes, they’re going into foreclosure, they’ve lost their jobs,” said Virginia Cervasio, executive director of a suicide resource enter in southwest Florida’s Lee County.
But tragedies keep mounting:
In Los Angeles last week, a former money manager fatally shot his wife, three sons and his mother-in-law before killing himself.
Karthik Rajaram, 45, left a suicide note saying he was in financial trouble and contemplated killing just himself. But he said he decided to kill his entire family because that was more honorable, police said.
Rajaram once worked for a major accounting firm and for Sony Pictures, and he had been part-owner of a financial holding company. But he had been out of work for several months, police said.
After the murder-suicide, police and mental-health officials in Los Angeles took the unusual step of urging people to seek help for themselves or loved ones if they feel overwhelmed by grim financial news. They said they were specifically afraid of the “copycat phenomenon.”
“This is a perfect American family behind me that has absolutely been destroyed, apparently because of a man who just got stuck in a rabbit hole, if you will, of absolute despair,” Deputy Police Chief Michel Moore said. “It is critical to step up and recognize we are in some pretty troubled times.”
_ In Tennessee, a woman fatally shot herself last week as sheriff’s deputies went to evict her from her foreclosed home.
Pamela Ross, 57, and her husband were fighting foreclosure on their home when sheriff’s deputies in Sevierville came to serve an eviction notice. They were across the street when they heard a gunshot and found Ross dead from a wound to the chest. The case was even more tragic because the couple had recently been granted an extra 10 days to appeal.
_ In Akron, Ohio, the 90-year-old widow who shot herself on Oct. 1 is recovering. A congressman told Addie Polk’s story on the House floor before lawmakers voted to approve a $700 billion financial rescue package. Mortgage finance company Fannie Mae dropped the foreclosure, forgave her mortgage and said she could remain in the home.
_ In Ocala, Fla., Roland Gore shot his wife and dog in March and then set fire to the couple’s home, which had been in foreclosure, before killing himself. His case was one of several in which people killed spouses or pets, destroyed property or attacked police before taking their own lives.
“The financial stress builds up to the point the person feels they can’t go on, and the person believes their family is better off dead than left without a financial support,” said Kristen Rand, legislative director of the Washington D.C.-based Violence Policy Center.
Dr. Edward Charlesworth, a clinical psychologist in Houston, said the current crisis is breeding a sense of chronic anxiety among people who feel helpless and panic-stricken, as well as angry that their government has let them down.
“They feel like in this great society that we live in we should have more protection for the individuals rather than just the corporation,” he said.
It’s not yet clear there is a statistical link between suicides and the financial downturn since there is generally a two-year lag in national suicide figures. But historically, suicides increase in times of economic hardship. And the current financial crisis is already being called the worst since the Great Depression.
Rising mortgage defaults and falling home values are at the heart of it. More than 4 million Americans were at least one month behind on their mortgages at the end of June, according to the Mortgage Bankers Association.
A record 500,000 had entered the foreclosure process. And that trend is expected to continue through next year, despite the current programs from the government and the lending industry to refinance delinquent homeowners into more affordable loans.
Counselors at Catholic Charities USA report seeing a “significant increase” in the need for housing counseling.
One counselor said half of her clients were on some form of antidepressant or anti-anxiety medication. The agency has seen a decrease in overall funding, but it has expanded foreclosure counseling and received nearly $2 million for such services in late 2007.
Adding to financially tense households is an air of secrecy. Experts said it’s common for one spouse to blame the other for their financial mess or to hide it entirely, as Balderrama did.
After falling 3 1/2 years behind in payments, the Taunton, Mass., housewife had been intercepting letters from the mortgage company and shredding them before her husband saw them. She tried to refinance but was declined.
In July, on the day the house was to be auctioned, she faxed the note to the mortgage company. Then the 52-year-old walked outside, shot her three beloved cats and then herself with her husband’s rifle.
Notes left on the table revealed months of planning. She’d picked out her funeral home, laid out the insurance policy and left a note saying, “pay off the house with the insurance money.”
“She put in her suicide note that it got overwhelming for her,” said her husband, John Balderrama. “Apparently she didn’t have anyone to talk to. She didn’t come to me. I don’t know why. There’s gotta be some help out there for people that are hurting, (something better) than to see somebody lose a life over a stupid house.”
Source: Huffpo
http://timesofindia.indiatimes.com
doleezza Rice — is that the Chinese and Indians are responsible. The 'logic': due to zooming incomes, they are eating more, causing worldwide shortages. But is that true? ( Watch )
Due to their huge populations, countries like India and China may appear to consume gigantic amounts of food. But the real elephant in the room that nobody is willing to talk about is how much each person gets to eat. And the answer will shock many.
Total foodgrain consumption — wheat, rice, and all coarse grains like rye, barley etc — by each person in the US is over five times that of an Indian, according to figures released by the US Department of Agriculture for 2007.
Each Indian gets to eat about 178 kg of grain in a year, while a US citizen consumes 1,046 kg.
In per capita terms, US grain consumption is twice that of the European Union and thrice that of China. Grain consumption includes flour and by conversion to alcohol.
In fact, per capita grain consumption has increased in the US — so actually the Americans are eating more. In 2003, US per capita grain consumption was 946 kg per year which increased to 1046 kg last year.
By way of comparison, India’s per capita grain consumption has remained static over the same period. It’s not just grains. Milk consumption, in fluid form, is 78 kg per year for each person in the US, compared to 36 kg in India and 11 kg in China.
Vegetable oils consumption per person is 41 kg per year in US, while Indians are making do with just 11 kg per year. These are figures for liquid milk, not for cheese, butter, yogurt and milk powders which are consumed in huge proportion in the more advanced countries.
A significant proportion of India’s population is vegetarian, and so, this is all the food that they get, apart from vegetables and pulses. But the source of carbohydrates and fats is mainly derived from food grains and oils.
As far as meat consumption is concerned, the US leads the world in per capita consumption by a wide margin. Beef consumption, for example, is 42.6 kg per person per year, compared to a mere 1.6 kg in India and 5.9 kg in China. In case you are thinking that perhaps Indians might be going in for chicken, think again. In the US, 45.4 kg poultry
Pork consumption is negligible in India, while it is a major item elsewhere. In the European Union, 42.6 kg pork is consumed per person every year, while in the US, 29.7 kgs are consumed. Pork is a staple for Chinese, and so over 35 kg are consumed per person per year. And, we are not talking about various other types of meat, like turkey.
All these comparisons are for powerful economies, whether of the west or the east.
But the story would not be complete without mentioning the plight of Africa, where foodgrain consumption in 2007 was a mere 162 kg per year for each person, or about 445 grams per day. Don’t forget they are not getting any meat or milk products out there.
Perhaps, it is time to include the lifestyle choices of the West in the whole feverish debate on how to tackle the global food crisis.
These figures are collated by the US Department of Agriculture. US per capita grain consumption rose from 946 kg in 2003 to 1046 kg last year. India’s per capita consumption remained static in this period.
just another load of BS to support their bogus argument that there's not enough food and too many people on the planet...
I'm not saying that people shouldn't stop overeating - they should. it's not healthy or fair to eat too much. But, that's not what's causing the so-called food shortage in some countries.
those populations are being deliberately starved by greedy corporate gangsters attempting to kill off the weak and enslave those who survive.
___________________________
"Money" has no value - people do.
Did anyone ever catch this interesting show?
Lennon was as Quick as a Whip as usual!
In "The Omen: The Final Conflict." Control of the food supply and its corrolaries yield the greatest magnitude of power to its proponents allowing them to wield absolute domination with impunity. Life does indeed imitate art qrswave.
_______________________________
"As often as Herman had witnessed the slaughter of animals and fish, he always had the same thought: in their behavior toward creatures, most of mankind are Nazis" --Isaac Bashevis
.near the end
i did not want the longer version of the video because i didn't care about all that other stuff.
i preferred the shorter version because i only wanted to focus on Lennon's response on the over-population myth.
i love the way he says "Oh, I don't care."
i, myself, would have responded the same way.
Cavett derserved such a retort.
When I lived in a rather well to do college town, one of my hobbies was trolling the ritzy sections on trash pickup day to gather whatever goodies those folks tossed out.
It was amazing the amount and quality of stuff which, for whatever reason, they no longer wanted and just tossed.
I'd pick out some choice items, bring them home and clean them up or do a little repair work to get them like new.
I'd take most of the stuff to the Salavation Army and donate it to those needy souls.
What amazed me more than what material items they tossed was the amount of what appeared to be edible food items.
There was enough food tossed away to feed a small village.
If you were brave enough to check the Dempsey Dumpsters in those parts of town, the amount of edible food tossed from restaurants was incredible.
Part of that was due to people having more money than common sense, but a large part was due to the cheap food available in the states.
The chokehold the USDA has on the farm sector is complete, with farmers farming the government more than the land.
The USDA subsidies to the farmers make for cheap grain products and eventually, the food that was processed from the grains, beef and hogs.
A chokehold that DC uses to flood the world markets--when they so choose--with subsidizied grain that is cheaper to import than grown in our native land.
Which puts those farmers out of business, but they're riding high on the hog here in America.