Some jobs will never return!
NEW YORK - January 12, 2010 - Even when the U.S. labor market finally starts adding more workers than it loses, many of the unemployed will find that the types of jobs they once had simply don't exist anymore.
Road to Depression
AMBROSE EVANS-PRITCHARD: America slides deeper into Depression as Wall Street revels!
December was the worst month for US unemployment since the Great Recession began.
By Ambrose Evans-Pritchard
LONDON, England - January 10, 2010 - The labor force contracted by 661,000. This did not show up in the headline jobless rate because so many Americans dropped out of the system. The broad U6 category of unemployment rose to 17.3%. That is the one that matters.
By Ambrose Evans-Pritchard
LONDON, England - January 10, 2010 - The labor force contracted by 661,000. This did not show up in the headline jobless rate because so many Americans dropped out of the system. The broad U6 category of unemployment rose to 17.3%. That is the one that matters.
Mortgage delinquencies up at Fannie Mae and Freddie Mac!
WASHINGTON - January 9, 2010 - Delinquent home loans at government-controlled mortgage finance giants Fannie Mae and Freddie Mac surged 20% from July through September, according to a new report by the companies' regulator, the Federal Housing Finance Agency.
Sharp drop in temperatures could spike food prices!
NEW YORK - January 8, 2010 - From produce to meat, juice to bread… the sharp drop in temperatures blanketing most of the United States could add up to a spike in prices at the grocery store.
Number of new jobless claims increase!
WASHINGTON - January 7, 2010 - New claims for U.S. jobless benefits edged up by 1,000 in the past week to 434,000,while other claims data showed modest improvement in the troubled labor market, official figures showed Thursday.
Banks considering cuts in principal for distressed mortgages!
NEW YORK - January 7, 2010 - Efforts by U.S. banks to help distressed homeowners have focused mainly on temporary fixes such as interest-rate reductions that may only put off the day of reckoning, despite policy makers wanting them to do more.
South Florida has over $12 billion in troubled commercial real estate!
MIAMI, Florida - January 6, 2010 - A report released Wednesday by Real Capital Analytics found that South Florida has about $12.4 billion in troubled commercial real estate, with most of it headed over to lenders.
More Articles ...
- 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!
- U.S. in fiscal peril with $12.1 trillion debt!
- Japan Air stock plunges as investors fear bankruptcy!
- Treasury claims majority stake in GMAC!
- North Texas commercial foreclosures jump by 27 percent!
- Real estate could be a red flag for smaller banks!
- Debt will continue to dominate in 2010!
- Royal Canadian Mint reveals how it lost gold!
- National Irish Bank to stop handling cash!
- Small business bankruptcies rise 81% in Kalifornia!
- Third-quarter growth revised downward!
- More prime mortgages default in third quarter!
- Citadel Broadcasting files bankruptcy!
- City shuts down on Christmas Eve to save cash!
- U.S. Treasuries harder to buy!
- Regulators close seven more banks!
- Four big bailout recipients mired in debt!
- Banks send checks into the recycle bin of history!
- Jobless claims rise for second straight week!
- AMBROSE EVANS-PRITCHARD: Gulf petro-powers launch their own currency!
- FDIC boosts 2010 budget and staff!
- Producer prices climb more than forecast!
- UN socialists seek Obama support for global financial tax!
- Dead-end decade for shares likened to 1930s!
- Foreclosures top 300,000 for ninth straight month!
- New jobless claims rise more than expected!
- Home prices expected to slide further!
- The coming wave of debt defaults!
- UK and U.S. financial ratings weaker!
- Fourth largest bank failure this year!
- Foreclosure prevention plan participants delinquent on new payments!
- Commercial property loan defaults surging!
- Housing market meltdown not over yet!
- Goldman Sachs staff buying guns for defense against public uprising!
- Report indicates real estate exposure is higher than previously thought!
- Chaos erupts after North Korea revalues currency!
- Kalifornia tops U.S. in delinquent mortgages!
- AMBROSE EVANS-PRITCHARD: Morgan Stanley fears UK sovereign debt crisis in 2010!
- One quarter of all mortgage borrowers are underwater!
- UAE moves to head off run on banks!
- Fear pushes U.S. rates into negative!
- One in four borrowers is underwater!
- Retail expectations low for holiday season!
Eulogies
Eulogy for an Angel
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Freedom
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My Father
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Dr. Stan Dale
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MICHAEL BADNARIK
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A. Solzhenitsyn
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Patrick McGoohan
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Joseph A. Stack
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Bill Walsh
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Walter Cronkite
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Eustace Mullins
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Paul Harvey
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Don Harkins
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Joan Veon
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David Nolan
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Derry Brownfield
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Leroy Schweitzer
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Vaclav Havel
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Andrew Breitbart
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Dick Clark
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Bob Chapman
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Ray Bradbury
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Tommy Cryer
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Andy Griffith
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Phyllis Diller
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Larry Dever
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Brian J. Chapman
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Annette Funnicello
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Margaret Thatcher
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Richie Havens
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Jack McLamb
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James Traficant
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Dr. Stan Monteith
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Leonard Nimoy
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Stan Solomon
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B. B. King
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Irwin Schiff
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DAVID BOWIE
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Muhammad Ali
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GENE WILDER
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phyllis schlafly
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John Glenn
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Charles Weisman
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Carrie Fisher
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Debbie Reynolds
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Roger Moore
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Adam West
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JERRY LEWIS
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HUGH HEFNER
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PROF. STEPHEN HAWKING
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ART BELL
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DWIGHT CLARK
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CARL MILLER
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HARLAN ELLISON
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STAN LEE
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CARL REINER
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SEAN CONNERY
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L. NEIL SMITH
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JOHN STADTMILLER
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