Road to Depression
Is Obama creating a nation of dependents?
WASHINGTON (PNN) - January 26, 2012 - If the Republican primaries are any indication, one big debate in the upcoming election will be whether illegitimate President Obama is pushing the country toward a European-style welfare culture.
Credit Agricole and Société Generale downgraded by S&P!
LONDON, England - January 24, 2012 - Two of France's largest banks have been downgraded by Standard & Poor's as the ratings agency followed up on its earlier downgrade of the country's sovereign rating.
Credit Agricole and Société Generale had their credit ratings cut from A+ with a stable outlook to A, while state bank Caisse des Depots et Consignations had its rating cut from AAA
India and Iran ditch U.S. dollar!
DELHI, India (PNN) - January 23, 2012 - According to a new and yet unconfirmed report, India recently bought oil from Iran using gold. India certainly has the gold resources to fund their oil purchases, while Iran is under pressure by imperialist dictators in the West to stop development of its lawful nuclear program.
Oil is priced in U.S. dollars and bypassing the greenback posed ch
Inflation running rampant under Obama regime!
NEW YORK - January 20, 2012 - So far, during the presidency of Barack Obama, the price of a gallon of gasoline has jumped 83%, according to data from the Bureau of Labor Statistics.
Fitch says Greece is about to default!
ATHENS, Greece - January 17, 2012 - Rating agency Fitch said on Tuesday that Greece would default on its debt, although it said that such a default was likely to take place in an orderly manner.
Outlaw government steals earned pensions from workers!
WASHINGTON (PNN) - January 17, 2012 - The Treasury on Tuesday started criminally stealing from federal pension funds in order to give the illegitimate Obama regime more credit to pay government bills.
Depression continues as Amerikans withdraw their savings!
NEW YORK (PNN) - January 17, 2012 - More than four years after the Fascist Police States of Amerika (FPSA) fell into economic disaster, many Amerikans have resorted to withdrawing money from their savings to get them through the ongoing Depression
In an ominous sign for Amerika's economic growth prospects, workers are paring back contributions to college funds and growing numbers are
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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