MSM: US unemployment climbs to a 32-year high
The number of Americans drawing unemployment benefit has risen to a 32-year high, underlining the need for President Barack Obama’s $789bn (£554bn) fiscal stimulus package. The dismal employment news –...
View ArticleMSM: U.S. Initial Jobless Claims Rose to 640,000 Last Week
(Bloomberg) – The number of Americans filing first-time applications for unemployment insurance rose last week to 640,000 as forecast, while total benefit rolls reached a record, indicating the labor...
View ArticleMSM: Social Security May Be Running Out Of Cash Fast
The financial health of Social Security and Medicare, the government’s two biggest benefit programs, have worsened because of the severe recession, and Medicare is now paying out more than it receives....
View Article600,000 Seniors About To Lose Their Homes
More than 600,000 seniors are delinquent in their mortgage payments or already in foreclosure, USA Today reports. Unlike younger people, many are on fixed incomes and lack the money or job...
View ArticleSignals of Depression: U.S. Nears Financial Brink, Personal Finances in Tatters
The statistics are shockingly grim. As Congress relentlessly works to pile on more and more big spending programs, deficits near $2 trillion. Meanwhile, government revenues are plummeting, with...
View ArticleMSM: Food stamp list soars past 35 million – USDA
(Reuters) – More than 35 million Americans received food stamps in June, up 22 percent from June 2008 and a new record as the country continued to grapple with the worst recession since the Great...
View ArticlePensions: the Next Casualty of Wall Street
Nobody wants to admit it, but the next casualty of the Wall Street meltdown will probably be your golden years. For years corporations have been trying to choke the life out of traditional pensions,...
View ArticleMSM: 9/11 First Responders To Lose Mental Health Aid
(WCBSTV) – As New York City said thank you to the heroes of September 11, many who still suffer psychological trauma were told they will be losing their mental health benefits early next year. “Long...
View ArticleEconomy
(CNNMoney) – Hello Chinese exports, good-bye U.S. jobs – Read More Here (BusinessWeek) – Banks With State Debt Ignore Not-If-But-When Default (Update1) European banking shares indicate a Greek debt...
View ArticleObama Shill Van Jones Speaks at Berkeley KPFA Benefit
See Also: (MediaRoots) – Wall Street’s Immunity Courtesy of Obama – Read More Here (MediaRoots) – The San Francisco Bay Area, particularly Berkeley, is known as one of the progressive or revolutionary...
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