Road to Depression

Globalists manage to forestall Greece leaving EU!

on .

Propaganda and fear win out in Greek elections; coalition government not expected to last.

ATHENS, Greece (PNN) - June 18, 2012 - Fear of being forced out of the euro was slightly stronger than anger over continuing austerity at Sunday’s Greek election. It propelled the center-right New Democracy party into first place, just ahead of Syriza, the radical-left coalition.

Foreign holdings of FPSA debt hits record!

on .

WASHINGTON (PNN) - June 15, 2012 - Foreign demand for Fascist Police States of Amerika Treasury securities rose to a record high in April. China, the largest buyer of Treasury debt, increased its holdings slightly after trimming them for two straight months.

Greeks hoard cash ahead of key vote!

on .

ATHENS, Greece (PNN) - June 13, 2012 - Bank officials in Greece say citizens are withdrawing record amounts of cash from their bank accounts, unnerved by instability and the country possibly voting to leave the eurozone on Sunday.

Raising a child just got more expensive!

on .

NEW YORK (PNN) - June 14, 2012 - Raising a child just got $8,000 more expensive.

Middle-income families with a child born in 2011 can expect to spend $235,000 over 17 years, according to a new report by the Fascist Police States of Amerika Department of Agriculture. That cost factors in food, shelter, and other necessities to raise a child, and does not account for inflation.

It also marks a whopping $8,000 increase, or 3.5% rise, in just one year.

Only 1 in 10 long-term unemployed find work!

on .

NEW YORK (PNN) - June 14, 2012 - We all know by now that it's hard for the long-term unemployed to get back into the workforce.

But just how hard is it? Economists at the San Francisco Federal Reserve put a number on the odds.

In the first few weeks after losing their jobs, about 3 in 10 people are able to find work.

But after about a year of being out of work, the chances of landing a job fall to just 1 in 10 per month.

Spain told it will be under severe supervision!

on .

MADRID, Spain (PNN) - June 11, 2012 - Spain faces supervision by international lenders after agreeing to a bailout for its banks on the weekend, EU and German officials said on Monday, contradicting Prime Minister Mariano Rajoy, who had insisted the cash came without such strings.

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