Growing numbers of homeless living in their cars!
LOS ANGELES, Kalifornia - February 12, 2010 - Tim Barker never thought he'd have to live in his truck. Four months ago, the plumber was in a one-bedroom apartment in Kalifornia's San Fernando Valley, with a pool and a Jacuzzi. Then, on his birthday in October, he and 199 other plumbers were laid off by their union, Local 761 in Burbank. Now Barker's son sleeps on the sofa of his cousin's one-bedroom Hollywood apartment, and Barker sleeps on the roof of the apartment building - or in his 2003 Ford Ranger pickup.
IRS shuts down homeless shelter!
JEFFERSONVILLE, Indiana - February 2, 2010 - Jeffersonville's only homeless shelter, in fact the only homeless shelter for a 14 county area in southern Indiana, will soon close.
The IRS will sell the shelter for back taxes.
The IRS will sell the shelter for back taxes.
Soulless IRS shuts down homeless shelter during Depression!
JEFFERSONVILLE, Indiana - February 2, 2010 - Jeffersonville's only homeless shelter, in fact the only homeless shelter for a 14 county area in southern Indiana, will soon close.
The IRS will sell the shelter for back taxes.
The IRS will sell the shelter for back taxes.
Foreclosures continue at record pace!
NEW YORK - February 11, 2010 - The number of U.S. households facing foreclosure in January increased 15% from the same month last year, and a surge in cash-strapped homeowners who've fallen behind on mortgages could be on the way.
AMBROSE EVANS-PRITCHARD: China orders retreat from risky assets!
China has ordered managers of its vast currency reserves to withdraw from risky dollar assets and retreat to core debt guaranteed by the U.S. government, a clear sign that Beijing is battening down the hatches for fresh trouble on global markets.
By Ambrose Evans-Pritchard
LONDON, England - February 10, 2010 - A Communist Party directive leaked to the Chinese-language edition of the Asia Times said dollar reserves should be limited to U.S. Treasuries or agency mortgage debt such as Freddie Mac that enjoys Washington's implicit backing.
By Ambrose Evans-Pritchard
LONDON, England - February 10, 2010 - A Communist Party directive leaked to the Chinese-language edition of the Asia Times said dollar reserves should be limited to U.S. Treasuries or agency mortgage debt such as Freddie Mac that enjoys Washington's implicit backing.
Las Vegas Ritz-Carlton to close!
LAS VEGAS, Nevada - February 10, 2010 - The Ritz-Carlton Lake Las Vegas resort, which has 350 rooms and is 17 miles from the Las Vegas Strip, is owned by an arm of Deutsche Bank and will stop day-to-day operations on May 2.
Depression chugs on except in government!
WASHINGTON - February 8, 2010 - White House apologists were quick to point to the unemployment rate decline from 10% to 9.7% as evidence that the recovery is gathering momentum and that illegitimate President Obama's policies - especially his $787 billion economic stimulus bill Congress approved last February - are working. But the back story behind the figures provides cold comfort.
More Articles ...
- No job growth for small business spurs recovery doubt!
- Rash of retirements pushes Social Security to brink!
- Euro in danger of becoming unstable!
- Frustrated job seekers deciding to call it quits!
- Bank failure tally for year up to 16!
- Stocks slide on unexpected rise in jobless claims!
- U.S. households struggle to afford food!
- You lost your house but you still have to pay!
- Biting Depression leaves more Amerikans hungry!
- Unemployment rises in most metro areas!
- White House paints grim fiscal picture!
- Six more failed banks seized by regulators!
- Foreclosures spreading to previously insulated regions!
- George Soros says gold is now the ultimate bubble!
- New home sales fall in December!
- Verizon to cut 13,000 jobs!
- Escalating pension crisis will bankrupt major city!
- Massive housing complexes go to creditors!
- Federal deficit projected at 1.35 trillion dollars!
- Wal-Mart to cut 11,200 jobs at Sam's Club!
- FDIC closes five more banks in five States!
- Initial jobless claims rise unexpectedly!
- Home construction falls while wholesale prices edge up!
- Russia diversifies into Canadian dollars!
- Citigroup loss signals more trouble for commercial banks!
- Report anticipates new wave of mortgage defaults!
- The United States of debt!
- Citigroup loses $7.6 billion in fourth quarter as it repays TARP!
- Japan Airlines files for bankruptcy protection!
- Arizona closes state parks!
- Dollar crisis looms if U.S. doesn't curb debt!
- December retail sales drop!
- December foreclosures jump!
- Chamber warns of deeper Depression due to Democrat policies!
- More families rely on food stamps to feed children!
- Some jobs will never return!
- AMBROSE EVANS-PRITCHARD: America slides deeper into Depression as Wall Street revels!
- Mortgage delinquencies up at Fannie Mae and Freddie Mac!
- Sharp drop in temperatures could spike food prices!
- Number of new jobless claims increase!
- Banks considering cuts in principal for distressed mortgages!
- South Florida has over $12 billion in troubled commercial real estate!
- Noted economist predicts lawlessness in the United States!
- Economists say financial crisis is far from over!
- States running out of money for unemployment benefits!
- 2009 bankruptcies up by 32 percent!
- Devastated commercial market to spark more lawsuits and bankruptcies!
- Commercial real estate could trigger deeper Depression!
- Amerikans seek silver lining in 2010!
- U.S. new jobless claims dip to 17-month low!