U.S. new jobless claims dip to 17-month low!
NEW YORK - December 31, 2009 - New U.S. claims for jobless benefits fell to the lowest level since July 2008, government data showed Thursday.
Road to Depression
U.S. in fiscal peril with $12.1 trillion debt!
WASHINGTON – December 31, 2009 - After $787 billion in stimulus spending and $700 billion in bank bailouts, 2010 is fast shaping up to be the year of the federal budget diet.
Bipartisan support is growing in Congress for action to stabilize the nation's bulging debt, which is now $12.1 trillion. Influential experts from former Federal Reserve Board chairman Alan Greenspan to former Comptroller General David Walker have joined the cause.
Bipartisan support is growing in Congress for action to stabilize the nation's bulging debt, which is now $12.1 trillion. Influential experts from former Federal Reserve Board chairman Alan Greenspan to former Comptroller General David Walker have joined the cause.
Japan Air stock plunges as investors fear bankruptcy!
TOKYO, Japan - December 30, 2009 - The airline's shares closed down 24% at 67 yen, adding to a loss of 8% on Tuesday, as markets in Tokyo considered the prospect of Japan Air heading into bankruptcy.
Treasury claims majority stake in GMAC!
WASHINGTON - December 30. 2009 - The Treasury Department agreed to invest another $3.8 billion in Detroit-based GMAC and will own a majority of the auto finance company.
In all, the government will have invested $17.2 billion in GMAC and now holds 56.3% of the company, up from 35.4%. The latest infusion is less than the $5.6 billion forecast earlier this year. The government swapped $3 billion of its investment for the increase in its equity in GMAC.
In all, the government will have invested $17.2 billion in GMAC and now holds 56.3% of the company, up from 35.4%. The latest infusion is less than the $5.6 billion forecast earlier this year. The government swapped $3 billion of its investment for the increase in its equity in GMAC.
North Texas commercial foreclosures jump by 27 percent!
DALLAS, Texas - December 29, 2009 - Foreclosure postings for commercial real estate in North Texas are up 27% in 2009 compared to last year, according to George Roddy Sr., president of Foreclosure Listing Service, Inc.
Real estate could be a red flag for smaller banks!
NEW YORK - December 28, 2009 - Illegitimate President Obama has said the world would have been better off if the entire financial system had been more like Amerika’s small banks.
Legislators tried to ease their burden, often at the expense of their bigger competitors. Community bankers even won a meeting last week with the illegitimate president to try to persuade him to reduce regulatory red tape.
Legislators tried to ease their burden, often at the expense of their bigger competitors. Community bankers even won a meeting last week with the illegitimate president to try to persuade him to reduce regulatory red tape.
Debt will continue to dominate in 2010!
LONDON, England - December 27, 2009 - It’s too early to say how history will remember 2009. Was it the year we cleaned up the wreckage of the crash, and began to move towards the sunlit uplands, or was it just some months of nervous calm before the real damage done to the economy in the boom years came crashing onto our heads?
More Articles ...
- 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!
- U.S. growth downgrade weighs on world markets!
- Early data suggest suicides are rising!
- Gold hits another record!
- Actual jobless rate at 17.5%!
- Wave of debt payments facing U.S. government!
- Closed Florida bank makes 124 failures this year!
- Jobless claims remain at record levels!
- Housing slump may worsen next year!
- Record numbers of mortgage loans are late!
- AMBROSE EVANS-PRITCHARD: Société Générale tells clients to prepare for global collapse!
- Most believe New York will run out of cash next month!
- Mortgage delinquencies hit another record!
- Simmons bedding company files bankruptcy!
- Falling dollar sends gold to another record high!
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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