Road to Depression
Construction spending in FPSA unexpectedly declined in February!
NEW YORK (PNN) - April 3, 2012 - Construction spending in the Fascist Police States of Amerika (FPSA) unexpectedly fell in February, reflecting broad-based declines that indicate the building industry will take time to stabilize.
Dr. Doom predicts imminent massive wealth destruction!
NEW YORK - April 2, 2012 - Runaway government debts have triggered uncontrolled money printing that in turn will lead to inflation that will decimate portfolios, according to the latest forecast from "Dr. Doom" Marc Faber.
Home Depot to close plant and lay off 300 workers!
ATHENS, Georgia - March 30, 2012 - Home Depot plans to close its distribution plant in Jackson County by the end of the year, a move that affects about 300 employees, a spokesman for the home improvement giant said Friday.
Ford prepares to lay off 1,200 more workers!
KANSAS CITY, Missouri - March 30, 2012 - Ford Motor Co. has notified Missouri that it will temporarily lay off 1,222 workers in about a month as it retools its Kansas City Assembly Plant to produce a new vehicle.
City thugs destroy homeless people’s property!
FRESNO, Kalifornia (PNN) - March 30, 2012 - In 2008, the City of Fresno and Kalifornia Department of Transportation paid a hefty settlement of $2.3 million for seizing and destroying homeless residents’ personal property and signed an agreement on how to deal with homeless encampments in the future.
Morgan Stanley thinks gold is headed for $2,175 an ounce!
LONDON, England - March 28, 2012 - Gold prices have been well off their highs on the strength in the U.S. dollar, but Morgan Stanley analysts continue to be bullish on gold for 2012.
Aircraft maker Hawker Beechcraft to file for bankruptcy!
NEW YORK - March 28, 2012 - It looks like Hawker Beechcraft could be in quite a bit of financial trouble.
Hawker Beechcraft is getting ready to file for bankruptcy.
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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POLITICAL PARODIES
FAMOUS QUOTES
Thomas Macaulay
"The day will come [in the United States] when a multitude of people will choose the legislature. Is it possible to doubt what sort of a legislature will be chosen? On the one side is a statesman preaching patience, respect for rights, strict observance of public faith. On the other is a demagogue ranting about the tyranny of capitalism and usurers and asking why anybody should be permitted to drink champagne and to ride in a carriage while thousands of honest people are want of necessities. Which of the candidates is likely to be preferred by a workman?... When society has entered on this downward progress, either civilization or liberty must perish."
—Thomas Macaulay in his 1857 prediction
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