White House Efficiently Pre-Excuses Future Unemployment Rate Increase
Sharon SecorIn a rare demonstration of efficiency in government, the White House offered an excuse well in advance of unemployment rate increases.
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In a rare demonstration of efficiency in government, the White House offered an excuse well in advance of unemployment rate increases.
The economic slump, however, is forcing debt-laden cities, towns and smaller taxing districts throughout the U.S. to consider using Chapter 9. As their revenue declines faster than expenses, some public entities are scrambling...
Today’s labor department job report shows initial claims for unemployment benefits increased 31,000 to 473,000. There are now approximately 14,577,800 officially unemployed Americans. That is almost 9 million jobs lost since mid 2007. Further ag
Total revenues were down from $25.0 billion in fiscal 2008 to $22.0 billion in fiscal 2009. Gambling was off 12.7%, room revenue off 16.6% (hotels are getting crushed everywhere), but beverage sales were flat!
We can’t make a real revolution on an unseaworthy vessel. No matter how many times we let ourselves be conned into floating this kind of slave ship, the ending will remain the same and the next chapter will read just like the previous one.
Judge Napolitano interviews famous Gerald Celente and he gives us his views on the Greece financial default, as well as the ultimate fate of the European Union, as well as the fate of the United States.
Seen on a recent Citibank (C) statement: "Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts.
Professor Bowles makes the point that 24 percent of the US workforce is engaged at some level in the enforcement of an Elite ruled police state.
People also avoid having bank accounts because they are vulnerable to asset seizure, judgments, levies, etc. Increasingly, bankers and others who provide financial services are forced by governments to spy and snitch on their own customers
The family in the early 1970s had more discretionary income than the family in the early 2000s even with a dual income. Yet if you look around, it isn’t immediately apparent because of the massive debt bubble financed by the banking sector.
South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state.
Simon Property Group, the nation's largest shopping mall owner, announced Tuesday a hostile $10 billion bid for General Growth Properties. (Worthless Commercial Real Estate comp. buying more worthless real estate????)
Gold now over $1200. Does $1500 look so far away now? Look for more talk of "Bank Holidays" and new currency and civil unrest and hunger and... solutions that people come up with for themselves... and governments will not be consulted.
So many heads to roll! Is it kosher to guillotine on the Sabbath?
It's not complicated, and it's inevitable. If we begin now, we will avoid enormous misery.
The globe has lost half of its wealth and associated credit. Please sit down and consider that for a while. This means that no loans can be profitably called. All bank assets are technically under water. That means that their capital base is really z
California Gov. Arnold Schwarzenegger will notify up to 20,000 state employees on Friday that their jobs will be eliminated if lawmakers fail to balance the state's budget by then, closing a shortfall of more than $40 billion, a spokesman said on
In this nine minute interview William Engdahl explains the relationship between the dollar and other major currencies as well as the state of the worlds economy.
Wall Street banks have taken billions of taxpayer dollars. Now some of them are starting to wonder if they should give the money back. Banking executives worry that the government may intrude further into their businesses as long as they are beholden
As Sacramento squabbles over the state's $42 billion deficit, Californians are getting a bitter taste of what's to come after the steep budget cuts that are inevitable when legislators and Gov. Arnold Schwarzenegger finally hammer out a deal.
In 2009 were going to see the worst economic collapse ever, the Greatest Depression, says Gerald Celente, U.S. trend forecaster. He believes its going to be very violent in the U.S., including there being a tax revolt.
On Thursday, at about 11 o’clock in the morning, the Federal Reserve noticed a tremendous draw down of money market accounts in the United States to a tune of $550 billion being drawn out in a matter of an hour or two. “It would have been the end of
The intended consequences of the federal government's economic stimulus plan are almost too great for Peter Schiff to forecast.
The relatively unknown Baltic Dry Index, or BDI is a leading economic indicator. Read this article, watch the video, then start stocking up on things you need while you can.
Gov. Arnold Schwarzenegger will send layoff warnings to at least 20,000 state workers Friday unless he reaches a budget agreement with legislative leaders. He intends to eliminate 10,000 full-time positions from the state's general fund, either