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Originally posted by Hx3_1963
The world has lost it's collective mind...
A pandemic is sweeping across the globe...
Volcano's firing up worldwide...
Yellowstone is rumbling again...
Antarctic ice shelf is breaking up...
2 wars going on with possibility's for a few more...
Asian markets are all up...US futures all all up...
Scotty...beam me...up...now damn you...and don't give me any malfunction carp either!
Smurfit Stone Extends temporary layoffs - 280
Carter's Inc. (NYSE:CSI) -267
Grosse Point, MI Public Schools -74
Behr America -40
Sigma Industries (Canada) -40
Kilpatrick Stockton Law Firm -24
Indianapolis, IN Public School Board -300
University of Toledo -100
Plum Creek Timber -287
Hutchinson Technology -300
Atmel Corp. -266
Virginia Department of Transportation -230
Formet temporary furloughs -725
Nyssa, OR School District -20
Shelby County, OH Sherriff's Department -16
US Steel Minnetac Plant -250
Rumors of additional layoffs at Deutsche Bank and Citibank
Downey Savings Bank -561
Indymac Resources, Inc. -277
American Axle, Inc. outsources production to Mexico -734
Clear Channel Communications (NYSE:CCO) -590
Eastmont, WA School Board -78
Level Three Communications (NASDAQ:LVLT) -150
Southeby's (NYSE:BID) -87
Sacremento County, CA considers up to 1,000 job cuts due to $187.5 million deficit Bethel, WA School District -200
Hesperia, CA School District -27
Byron Center, MI Public Schools -55
Pilgrim's Pride, Inc. -1300
Comstock Park, MI Board of Education -45
Trenton, NJ School District -400
Coldwater Community Schools -25
New Hampshire Ball Bearing Astro Division - 15
Nokia - 450
TOTAL - 9,680 - not including -
GM Dealership closures could lead to more than 137,000 lost jobs
The U.S. economy contracted at a steeper-than-expected pace in the first quarter, weighed down by sharp declines in exports and business inventories, according government data on Wednesday that showed the economy was still deep in recession.
Gross domestic product, which measures total goods and services output within U.S. borders, dropped at a 6.1 percent annual rate, the Commerce Department said, after shrinking 6.3 percent in the fourth quarter.
Well let see what happen today, the first American casualty of the swain flu claim a 23 month old baby. And the swain flu now has spread to the Middle east (the hate the name swain flu) and Asia.
The two-quarter contraction is the worst in more than 60 years.
Originally posted by marg6043
reply to post by DangerDeath
Yep, but that is OK, see the cheerleaders are in full gear with news like this one,
Consumer confidence gets a boost
The hell with the GDP figures, China is getting an economic boost with Americas spending, or that is what we are told to believe, because when it comes to spending the figures doesn't who are the beneficiaries of the American spending, but we all know, right?.
Treasurys stay up after GDP worse than forecast
NEW YORK (MarketWatch) - Treasury prices remained higher Wednesday, pushing short-term yields down, after the Commerce Department said the economy shrunk by 6.1% in the first quarter, much more than economists expected. Two-year note yields declined 8 basis points to 0.93%. The calendar is full, with the Treasury Department expected to announce it will auction around $72 billion in debt next week, and possibly announce more issuance of longer-dated debt. Later, the government is selling $26 billion in 7-year notes, and the Federal Reserve Open Market Committee meeting ends. Analysts will be watching for comments on the economic outlook and whether it will change its current program of buying Treasurys and mortgage-related debt to keep a lid on borrowing costs.
Originally posted by pause4thought
Hold on to your hats folks: Endgame has its fulfillment -
Swine Flu Martial Law Bill
Can anyone say 'Crash sighted?'
Originally posted by Hx3_1963
Well I know one thing...
Spinkyboo's layoffs are just the tip of the iceberg...
My inbox has been stuffed with layoffs since I delayed my layoff thread...
Just google layoffs/layoff/lay offs/lay off...
The notes, which are due May 1, 2014, were priced to yield about 410 basis points more than comparable U.S. Treasuries.
A "non-guaranteed" note refers to a bond on which the interest and principal are not guaranteed to be paid by a third party if the issuer were to go into default.