Friday, August 27, 2010

How Bad Is It?

One in four lap dancers has a degree, study finds

"The first academic research project into lap dancing has found that, rather than being uneducated young women who have been coerced into the industry, one in four dancers has a degree and has been attracted by the money.
Dancers took home an average of £232 a shift after paying commission and fees to the club, with most working between two and four shifts a week – giving them annual incomes of between £24,000 and £48,000 a year.
The researchers found no evidence of trafficking in the industry, and concluded that career and economic choices were motivations for dancing rather than drug use or coercion.
Aspiring actresses, models and artists used exotic dancing as a career strategy which fitted alongside their other work, training or studies.
Unemployed new graduates – mainly with arts degrees – were also dancing because they could not find graduate jobs and found that lap dancing paid much better than bar work.
The research by Dr Teela Sanders and Kate Hardy, from the University of Leeds, found the vast majority of dancers reported high rates of job satisfaction."

Thousands seeking help with mortgages jam Palm Beach County Convention Center

"Homeowners camp out in the rain before dawn today outside the Palm Beach County Convention Center in West Palm Beach in hopes of saving their homes."

Nobody wants to have kids

One in 10 Homeowners with a Mortgage Face Foreclosure

That we know about.

Unemployment Rate for 16 to 24 Year Olds Pushing 50%

America Facing Depression and Bankruptcy

"Long-time economic, political and market analyst Bob Chapman publishes the International Forecaster, offering incisive analysis absent through mainstream sources, especially important now given America's deepening economic crisis getting harder to conceal as evidence mounts.
His August 25 issue says the following:
"Twenty countries (including America) are headed into bankruptcy and more will follow. That brings up the subject of state debt in the US. America has been in an inflationary depression for 18 months. States have been cutting back for two years," but still face huge budget gaps required to be closed....2011 will be a terrible year (with) 80% of states expect(ing) deficits of more than $200 billion. 2012 looks even worse." Most worrisome, "there is no recovery and there never has been....the US economy and financial system is comatose." The worst is yet to come and will hit hard on arrival."

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