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The Price of Crisis Relief
(www.truthdig.com)
Calculations based on data from the IMF show that per capita spending to resolve the current economic crisis has hit $10,000 per person in the U.S., and an even more staggering near-$50,000 per person... More
Submitted 6 months ago by raquelbrown | 0 Comments |
U.S. Poverty Level Leaps to 11-Year High
(www.truthdig.com)
It’s a vicious circle: Millions of job cuts and shrinking household incomes combined to push more Americans below the poverty line last year. Nearly 40 million Americans now officially live in... More
Submitted 6 months ago by raquelbrown | 0 Comments |
Grateful to Have a Job, and Bone-Tired
(www.truthdig.com)
There was a New Yorker cartoon last spring picturing a nearly empty galley ship with only two slaves still pulling their oars under the grim eye of the master. In the caption, one of the slaves says... More
Submitted 6 months ago by raquelbrown | 0 Comments |
U.S. Economy Showing Signs of Life
(www.truthdig.com)
A report released by the Federal Reserve on Wednesday gave some indications that, for half of the districts tracked by the Fed and for certain markets, the American economy is slowly starting to... More
Submitted 6 months ago by raquelbrown | 0 Comments |
States Ignoring Stimulus Welfare Fund
(www.truthdig.com)
Word of the money spread quickly.
Submitted 6 months ago by raquelbrown | 0 Comments |
Our Wallets Get Emptier
(www.truthdig.com)
It isn’t all in our heads. Americans did not balk at buying back-to-school clothes, or forgo a Labor Day weekend trip, or refuse to invest in a new television for football season just because they... More
Submitted 6 months ago by raquelbrown | 0 Comments |
‘Lebanon’s Madoff’ Goes Bankrupt After Bouncing Check to Hezbollah
(www.truthdig.com)
Everyone trusted Salah Ezzedine. A billionaire Shia Muslim businessman and financier from southern Lebanon, he organised pilgrimages to Mecca, ran a major Beirut publishing house and a children’s... More
Submitted 6 months ago by raquelbrown | 0 Comments |
Wall Street Comes Up With a Great Idea for the Next Recession
(www.truthdig.com)
The geniuses on Wall Street have found another way to gamble and call it investing. Forget about mortgage-backed securities (wouldn’t that be nice?). Life insurance securitizations are the new... More
Submitted 6 months ago by raquelbrown | 0 Comments |
Business Is Booming
(www.truthdig.com)
Even with a faltering economy and a slump in overall global arms sales, business is booming for the U.S. as it increased its annual market share to more than two-thirds of all foreign arms deals in... More
Submitted 6 months ago by raquelbrown | 0 Comments |
‘Left, Right & Center’: Jobless Labor Day, Afghan Plans, Obamacare
(www.truthdig.com)
President Obama’s got a lot of work to do to convince “Left, Right & Center” regulars Arianna Huffington, Tony Blankley and Robert Scheer that he’s going to make good on his promise of... More
Submitted 6 months ago by raquelbrown | 0 Comments |
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