Road to Depression
Housing woes bring new call to let the market fall!
NEW YORK - September 5, 2010 - The unexpectedly deep plunge in home sales this summer is likely to force the illegitimate Obama regime to choose between future homeowners and current ones, a predicament officials had been eager to avoid.
UN calls special meeting to address food shortages amid predictions of riots!
LONDON, England - September 5, 2010 - Two years after the last food crisis, when prices surged by nearly 15% in the UK, food inflation is back. Soaring global food prices have prompted city officials and food industry experts to warn that the cost of the weekly shop is set to rise by up to 10% in the coming months.
Mid-Amerika economic outlook slumps again!
NEW YORK - September 1, 2010 - The economic outlook for nine U.S. midwest and south-central states slumped for a third consecutive month in August, pointing to slower growth as the potential for a continuing Depression rises, according to a survey of supply managers released on Wednesday.
Creighton University's Business Conditions Index fell to 55.8 in August from 60.8 in July. A r
Private employment decreases by 10,000 in August!
WASHINGTON - September 1, 2010 - Private sector employment decreased by 10,000 from July to August on a seasonally adjusted basis, according to the latest ADP National Employment Report released today. The estimated change of employment from June to July was revised down slightly, from the previously reported increase of 42,000 to an increase of 37,000.
Gold rallying to $1,500!
NEW YORK - August 31, 2010 - Investors are accumulating enough bullion to fill Switzerland’s vaults twice over as gold’s most accurate forecasters say the longest rally in at least nine decades has further to go no matter what the economy holds.
Global markets slide as Nikkei fall heightens economic fears!
LONDON, England - August 31, 2010 - Global stock markets fell on Tuesday as investors waited nervously for a slew of U.S. economic data this week.
Pessimism in Japan saw the Nikkei 225 tumble 325.20 points, or 3.5%, to close at 8,824.06, as investors worried about the impact of a U.S. slowdown on the strong yen and falling prices. Other major Asian markets also retreated.
Record number in government anti-poverty programs!
WASHINGTON - August 30, 2010 - Government anti-poverty programs that have grown to meet the needs of Depression victims now serve a record one in six Amerikans and are continuing to expand.
More than 50 million Amerikans are on Medicaid, the federal-state program aimed principally at the poor, a survey of state data by USA Today shows. That's up at least 17% since the Depr
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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