Big companies that are veering toward bankruptcy!
NEW YORK - September 18, 2009 - Despite a few green shoots in the economy and a rocketing stock market, many large companies are still struggling to avoid bankruptcy.
Road to Depression
Officials warn option mortgages about to explode!
WASHINGTON - September 17, 2009 - The federal government and states are girding themselves for the next foreclosure crisis in the country's housing downturn: payment option adjustable rate mortgages that are beginning to reset.
86 percent of Amerikans believe Depression continues!
NEW YORK - September 17, 2009 - Eighty-six percent of U.S. adults believe the country remains in Depression despite upbeat statements to the contrary from Federal Reserve chairman Ben Bernanke, a CNN/Opinion Research poll out Thursday showed.
Blockbuster more than doubles planned store closures!
LOS ANGELES, Kalifornia - September 15, 2009 - Facing increasing pressure from Redbox and Netflix and its own debt problems, Blockbuster is planning to more than double the number of stores it will close by the end of next year, the company revealed in a regulatory filing today.
Projections suggest 200-300 more bank failures this year!
NEW YORK - September 15, 2009 - By most measures, the past year has been the worst financial crisis in a lifetime. But not by one significant measure: bank failures.
AMBROSE EVANS-PRITCHARD: U.S. credit shrinks at Great Depression rate!
Both bank credit and the M3 money supply in the United States have been contracting at rates comparable to the onset of the Great Depression since early summer, raising fears of a double-dip recession in 2010 and a slide into debt-deflation.
By Ambrose Evans-Pritchard
LONDON, England - September 14, 2009 - Professor Tim Congdon from International Monetary Research said U.S. bank loans have fallen at an annual pace of almost 14pc in the three months to August (from $7,147 billion to $6,886 billion).
By Ambrose Evans-Pritchard
LONDON, England - September 14, 2009 - Professor Tim Congdon from International Monetary Research said U.S. bank loans have fallen at an annual pace of almost 14pc in the three months to August (from $7,147 billion to $6,886 billion).
U.S. foreclosure filings continue at record pace!
NEW YORK - September 10, 2009 - Foreclosure filings in the U.S. exceeded 300,000 for the sixth straight month as job losses that boosted the unemployment rate to a 26-year high left many homeowners unable to keep up with their mortgage payments.
More Articles ...
- Number of poor in U.S. climbs to 39.8 million!
- July trade deficit rises to $32 billion!
- Another wave of foreclosures looms!
- Gold jumps to 18-month high on weaker dollar!
- Post Office threat adds to U.S. property woes!
- Swiss topple U.S. as most competitive economy!
- China signals move away from U.S. dollar!
- UN conference calls for new global currency!
- U.S. banks lose collective 3.7 billion dollars in quarter!
- FDIC might sink into red by end of year!
- Ambrose Evans-Pritchard: Can the soufflé really rise again?
- Real U.S. unemployment rate at 16 percent!
- Senator warns of hyperinflation!
- State government to shut down for 12 days!
- Analyst predicts 150-200 more bank failures!
- Noted economist warns of double-dip Depression!
- Seized Texas bank sold to Spanish firm!
- Arizona's credit rating downgraded to negative!
- Frailty lingers in housing and producer price reports!
- Reader's Digest set to file for bankruptcy!
- Unemployment spike compounds foreclosure crisis!
- Tax bills put pressure on struggling homeowners!
- Resort offers $19 "survivor" package!
- Chinese stocks plunge almost 6 percent!
- Consumers don't share market optimism!
- An avalanche of insider stock selling!
- Consumer bankruptcies may hit 1.4 million by end of year!
- Foreclosures rise substantially over previous month!
- Retail sales dip more than expected while jobless claims rise!
- InterContinental says recovery is years away!
- Soaring deficit very bad news for the economy!
- Bad assets still threaten banks!
- Anti-Obama trinket sales hit new high!
- Federal deficit grew by $181 billion in July!
- Number of food stamp recipients tops 34 million for first time ever!
- Sluggish July sales show tight-fisted consumers!
- Jobless claims continue at record rate!
- Half of all mortgages will be "underwater" within two years!
- General Motors to lay off thousands more!
- GMAC posts wider quarterly loss as loan defaults rise!
- Alabama County makes massive job cuts!
- USPS may close up to 1,000 post offices!
- Extending unemployment benefits creates joblessness!
- Depression worst than prior estimates!
- Weak treasury auctions raise worries about U.S. debt burden!
- U.S. Postal Service struggling for survival!
- Jobless claims rise more than expected!
- Verizon to cut 8,000 employee jobs!
- Actual unemployment rate hits a 68-year high!
- British economic collapse rivals Great Depression!
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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