Road to Depression
Trucking volume collapses!
NEW YORK - September 28, 2010 - Truck tonnage may have increased 2.9% year-over-year in August, but the collapse in month-over-month levels is much more illuminating.
Thousands of JPMorgan home foreclosures in doubt!
MIAMI, Florida - September 26, 2010 - JPMorgan Chase & Co. faces a legal challenge next month that could cast doubt on thousands of foreclosures after a mortgage executive at the bank said she didn’t verify documents used to justify home seizures.
Lawyers for a Palm Beach County, Florida, homeowner asked a judge to throw out a foreclosure as a penalty for misleading the c
Unclaimed corpses raise body counts at area hospital!
GREENSBORO, North Carolina - September 24, 2010 - A hospital in Greensboro has seen unclaimed bodies stack up because family members can’t afford to pay burial costs.
Initial jobless claims numbers worse than expected!
WASHINGTON - September 23, 2010 - Initial jobless claims for the week ending September 18 were 460,000, which was higher than the 450,000 that were expected.
So we're back in initial jobless claims limbo.
Blockbuster files for Chapter 11 bankruptcy!
DALLAS, Texas - September 23, 2010 - Troubled video-rental chain Blockbuster filed for Chapter 11 bankruptcy protection Thursday, and said it plans to keep stores and kiosks open while it reorganizes.
Manufacturing decline now labeled as national security threat!
WASHINGTON - September 22, 2010 - The hollowing-out of the United State's industrial base means the country is risking its national security by being dependent on foreign contractors, experts told a congressional panel Wednesday.
The House National Security Oversight Subcommittee heard from a number of economists and labor leaders who argued that the long, slow erosion of Amerikan
Gold hits another record high!
NEW YORK (PNN) - September 22, 2010 - The price of gold hit a record high Wednesday as investors fretted that the U.S. Federal Reserve’s indication it might need to offer more support for the U.S. economy reignited fears of a resurgent Depression.
MORE ARTICLES
- Fascist Police States of Amerika regional bank stocks crash!
- FPSA pending home sales unexpectedly tumble in September!
- Which cities have the highest risk of a housing bubble?
- Gas prices fall below 90 cents a gallon at one Wisconsin gas station!
- Sixty percent of Amerikans won’t be able to cover basic necessities in a month or less!
- Southern Kalifornia home sales crash!
- The state of Amerika's debt slaves!
- New home sales decline 9.3%!
- FPSA retail store closings hit a new record high as west coast homelessness soars!
- Commentary: 1 in 4 Amerikans are completely broke and in no position to help themselves!
- Illinois official says state is in massive crisis mode!
- S&P and Moodys cut Illinois to near junk status!
- Five highly respected financial experts warn that a market crash is imminent!
- Greek debt deal collapses after 8 hours of negotiation!
- Crashing Canadian mortgage lender bailed-out by retired healthcare workers!
- Canada housing bubble explodes as its biggest mortgage lender crashes!
- FPSA home prices rise at the fastest pace since July 2014!
- Home sales crash to lowest level since 2008 as pricing reset gets underway!
- The number of new businesses in the FPSA is collapsing!
- Retail sales growth tumbles to 6-month lows!
- Tent cities full of homeless people are booming all over Amerika as poverty spikes!
- 1 in 6 working age males has no job under Obama!
- In 50 years this has never failed to trigger a bear market!
- Amerika’s hidden jobless rate is a product of a conspiracy!
- Today's layoff news!
- Spain's debt now worth more than value of the economy!
- FPSA homeownership falls to nearly its lowest level in history!
- The FPSA government has a $20.4 trillion retirement problem!
- One quarter of Amerikans in their prime working years are unemployed!
- FPSA existing home sales tumble in warning sign for housing market!
- New home sales unexpectedly plunge!
- Swiss politicians slam attempts to eliminate cash!
- FPSA CEOs unleash Depression fears in earnings calls!
- FPSA services economy slumps to weakest in 13 months!
- Wal-Mart is closing hundreds of stores and laying off thousands of employees!
- The worst ever stock market start is just the beginning!
- Brazil slides into the brink with industrial production down 12%!
- Baltic Dry Index careens to fresh record low!
- FPSA banks have 247 trillion dollars of exposure to derivatives!
- Spending was at an all time low for Black Friday this year!
- Puerto Rico debt bomb about to explode!
- Baltic Dry Shipping Index drops to all-time low!
- Latest payroll jobs numbers are false and misleading!
- Markets are back at panic levels!
- Ailing global economy starts to weigh on FPSA job market!
- The truth about unemployment in Amerika!
- Record 94,031,000 Amerikans not in labor force!
- Canada officially enters recession!
- Dow plunges 531 points!
- S&P 500 drops below trading range as global selloff intensifies!
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FAMOUS QUOTES
Adolph Hitler 1
"Let them then own land or factories as much as they please. The decisive factor is that the State, through the party, is supreme over them, regardless of whether they are owners or workers. All that, you see, is unessential. Our Socialism goes far deeper...The people about us are unaware of what is really happening to them. They gaze fascinated at one or two familiar superficialities, such as possessions and income and rank and other outworn conceptions. As long as these are kept intact, they are quite satisfied. But in the meantime they have entered a new relation; a powerful social force has caught them up. They themselves are changed. What are ownership and income to that? Why...socialize banks and factories? We socialize human beings."
—Adolph Hitler
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