Financial and Economic Global Crisis
5
Public
The recent bailout proves the US has welfare for the wealthy. We are in a very bad situation which is bound to worsen.
The protections put in place after the Great Depression of the 30s were removed in the 80s 90s and 2000s. We need them reinstated.
We need to do more than watch this ugly drama unfold.
It isn't over - it's getting worse.
The protections put in place after the Great Depression of the 30s were removed in the 80s 90s and 2000s. We need them reinstated.
We need to do more than watch this ugly drama unfold.
It isn't over - it's getting worse.
Recent Activity
Items
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Wary Employers Keep Jobless Numbers High : NPRA 10.2 percent unemployment rate is like a gut punch. It's just such a big number, a level of joblessness we haven't experienced here in the U.S. since the early '80s. This, even as the economy is actually growing again. But many employers just aren't ready to start hiring yet.
Geoffrey Ames
added
6 hours ago
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Tarzan Found! | HumorMust see, Amazing new footage caught by passerby. Does Tarzan really exist?
XsenseX X
added
9 hours ago
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How Obama Can Convince Congress to Enact a Larger Stimulus, and Why He MustThe Administration's biggest economic mistake so far was to badly underestimate last January how bad the employment situation would become by Fall. As a result, it low-balled the stimulus -- settling for a plan that, while avoiding even worse job losses, didn't go nearly far enough. Obama has ...
Giorgio Bertini
added
19 hours ago
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Mishel on double-digit unemploymentAfter rising for more than two-and-a-half years, the country’s unemployment rate crossed into double-digit territory in October with a jobless rate of 10.2%. This provides another sign of the severity of the current downturn, the very long road we face back to full employment and the urgent need ...
Giorgio Bertini
added
19 hours ago
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At 10.2%, October’s unemployment is a wake-up callThough the American Recovery and Reinvestment Act (ARRA) now has GDP growing again, this morning’s Bureau of Labor Statistics’ October employment report found that the jobs situation nevertheless continues to worsen. Unemployment rose dramatically to 10.2% in October, the highest rate since ...
Giorgio Bertini
added
19 hours ago
Comments
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2Flu shots for Wall Street stirs ire in New York | U.S. | ReutersIf anyone deserves to get sick with Swine Flu it is these pigs that gave the whole world a financial epidemic!JDP added 46 hours ago
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2The Fed may crack down further on big Wall Street bonuses - Nov. 5, 2009It's WAY past time ... what it's REALLY time for is some take back of what they stole and some put-up in jail of those thieves!JDP added 2 days ago
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Two economists see red flags again for stock market - USATODAY.comSince I am not an economist or a professional stock trader by any stretch I can only use conventional wisdom and gut fell to comment. A credit o liquidity bubble is all too plausible especially with all the stimulus money pumped into economies around the world. I am a big fan of value and ...C L added 8 days ago
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Market Opportunities Unlimited (MOU) Blog: Apple's Financials Demonstrate That Great Products and Service, Reap GoldA must-read for companies that want to succeed, despite harsh economic conditions!Gillian Campbell added 2 weeks ago
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4Housekeepers lose Hyatt jobs to outsourcing - The Boston GlobeThat ain't trickle-down you're feeling...Geoffrey Ames added 4 weeks ago
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Started Oct. 4, 2008
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