Archive for the 'Economy' Category
Calculate How Much the Government Has Promised to Take from Your Family
February 9th, 2009Bailout Calculator
IMF Says Advanced Economies Already in Depression
February 8th, 2009Via: Bloomberg: Advanced economies are already in a “depression” and the financial crisis may deepen unless the banking system is fixed, International Monetary Fund Managing Director Dominique Strauss-Kahn said. “The worst cannot be ruled out,” Strauss-Kahn said in Kuala Lumpur, where he was attending a gathering of central bankers from Southeast Asia. “There’s a lot […]
CIA Warns Barack Obama that British Terrorists Are the Biggest Threat to the U.S.
February 8th, 2009Here’s what I took from this ridiculous article: CIA is running “terror” networks inside the UK. With professional case officers on the job, and the economic situation off the rails, it might be time for more false flag operations to ensure that people remain on their dual hamster wheels of poverty and fear. British people, […]
Pass the Next Phase of the “Bailout” Now, or the Whores Face Catastrophe
February 8th, 2009Hope… For high end prostitutes? Via: Telegraph: A New York madam who ran one of the city’s biggest escort agencies claims that prominent bankers and businessmen paid for her prostitutes with corporate credit cards. … ABC News said Davis provided it with a print-out of her computerised client list, a copy of which she offered […]
Another Day, Another Article in a Mass Circulation Publication Calling for a New World Order
February 7th, 2009Via: Time: In the view of many outside the U.S. (and some within), the only way to limit such excesses is through a bigger, more powerful IMF that can act as a central bank to the world–and knock heads when needed. While everybody agrees that this new IMF needs to be less dominated by the […]
CBO Sees Accelerating U.S. Budget Deficit
February 7th, 2009$1 trillion or more. Via: Reuters: The U.S. government’s budget deficit soared to $563 billion during the first four months of the fiscal year that began on Oct. 1, the Congressional Budget Office said on Thursday, in an estimate that includes money spent to bail out the ailing financial sector. In a monthly budget update, […]
California: More than 200,000 State Employees Begin Furlough Fridays, Without Pay
February 7th, 2009Via: AP: California’s first-ever furloughs began Friday with more than 200,000 state workers expected to stay home without pay amid the state’s fiscal crisis. Among the offices forced to close Friday were the Department of Motor Vehicles and the Department of Consumer Affairs. The governor’s Office of Emergency Services also was dark as part of […]
FDIC Friday: Three More Banks Go Down
February 7th, 2009Via: CNN: FirstBank Financial Services of Georgia and Alliance Bank and County Bank of California become latest victims of banking crisis; nine banks have failed in 2009.
Employers Slash 598K Jobs in January, Most Since 1974
February 6th, 2009Yes, yes, we all know it’s easily twice as bad as the government number. Via: AP: Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.6 percent. The grim figures were further proof that the nation’s job climate is deteriorating at an alarming clip […]
Peter Schiff: Increased Government Intervention Will Lead to “Unmitigated Disaster”
February 6th, 2009Would someone please give Peter the memo on Hope? Via: Yahoo Finance: The fiscal stimulus bill being debate in Congress not only won’t help the economy, it will make the recession much worse, says Peter Schiff, president of Euro Pacific Capital. Schiff scoffs at the notion the economic decline is starting to level off and […]
