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2009 Depression Validated

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posted on Apr, 9 2009 @ 11:35 PM
Headlines for April 10th 2009

Sumitomo Mitsui `Reality Check' Hints at Cracks in Japanese Banks' Capital

UPDATE 6-Japan's SMFG facing loss, to raise up to $8 bln

Nikkei edges higher, but banks hit as worries grow

Pudong Development Bank to Raise Up to $4.4 Billion Selling Shares, Debt

Bank of Japan Members Say Market to Stay Stressed After Fiscal Year End

Nowotny Says Reducing ECB Benchmark Rate Below 1% Is Open for Discussion

ECB's Wellink Sees Room to Cut Rates, Use Other Measures to Revive Growth

German Industrial Output Falls for a Sixth Month as Recession Saps Demand

Economy leaves millions of drivers uninsured

Goldman Sachs May Sell Shares to Repay U.S. Government Funds, WSJ Reports

Wells Fargo: Bellwether for banks or fluke?

MGM Mirage, Colony Capital Talks on $750 Million Loan Said to Be on Hold

Trump calls for calm in this economic storm

`Lehman Shock' Fuels New Homeless Wave in Osaka as Factory Jobs Evaporate

Barclays Leaves Secret of Stable Banking Marooned in Manchester Warehouse

[edit on 4/10/2009 by Hx3_1963]

posted on Apr, 10 2009 @ 08:30 PM
Budget deficit triples to $957 billion for year
March deficit hits $192 billion has receipts drop 28%, outlays rise 41%

Cape Fear Bank of Wilmington, N.C. fails; 22nd of year

New Frontier Bank, Greeley, CO. fails; 23nd of year

Seized credit union planned to understate loss

GM, Chrysler Debt Ratings Cut by S&P as Restucturing Deadlines Approach

S&P places Boeing on CreditWatch

U.S. retail sales to fall 2.4 pct in Q2: ShopperTrak

Fed Economists Say Mortgage Changes May Do Little to Prevent Foreclosures

Delinquency Rate Rises on FHA-Backed Loans

IEA Cuts World Oil Demand Forecast to Lowest Since 2004 as Economy Shrinks

China's Exports Drop for Fifth Month on Global Slump; Trade Surplus Widens

China Pacific Insurance's Full-Year Net Income Drops 81% to $190 Million

Aso's $153 Billion Boost to Japan Economy May Incur `Massive' Future Cost

Bank-Lending Growth Slows for 3rd Month as Firms Turn to Commercial Paper

Toyota's Sales Slump in U.S. Prompts Carmaker to Rehire Former Executives

Thai Anti-Government Protesters Disrupt Japan-China-South Korea Meeting

Fiji's President Fires Judges, Assumes All Powers Following Court Ruling

Goldman Sachs Cuts 2009 Economic Outlook for Russia, Ukraine, Kazakhstan

Russia Starts `Gas War' as Turkmens Call Pipeline Tender, Kommersant Says

Kazakhstan May Let Banks Fail If Creditors Snub Debt Deal, Regulator Says

Moldovan Leader Voronin Says Opposition Tried to Overthrow the Government

Bulgarian February Output Slumps 17.7% on Crisis, Fifth Consecutive Fall

Slovenian Industrial Output Falls the Most in at Least Six Years on Crisis

GMK Norilsk Nickel May Sell 4% of Treasury Shares Before October Deadline

ECB's Noyer Says Central Bank Gold Pact Must Take IMF Plan Into Account

Euro May Extend Losses to $1.25 on Descending Triangle: Technical Analysis

British Lawmakers Contemplate Separating Banks' Roles , Times Reports

Bank of Korea Forecasts Nation's Economy to Shrink 2.4 Percent This Year

Qinetiq Workers Threatening Strike Over Pay Freeze, Daily Telegraph Says

French Banks Are Worry State-Led Rescues Abroad May Distort Competition

Industrial Output Fell for Sixth Month in February as Slump Dents Demand

Henkel Plummets Most in 11 Years After First-Quarter Profit Declines 33%

Industrial Production Declines for a Sixth Month as Recession Saps Demand

Government Car-Sales Subsidy Leaves BMW, Mercedes Trailing Foreign Rivals

Italian GDP Shrank `Significantly' in First Quarter, Bank of Italy Says

Chile Cuts Interest Rate for Fourth Month to 1.75% as Recession Takes Toll

Canada's Jobless Rate Rises to 8%, Seven-Year High, as Recession Deepens

Canada's Banks Must Help Fill Credit `Gaps', Flaherty Says in Interview

Canwest Reports Loss of C$1.44 Billion After Writing Down Newspaper Assets

BHP May Agree to 66% Cut in Manganese Ore Prices for Nippon Denko, Steel

Xstrata to Shutter Australia's Sinclair Nickel Mine in August on Prices

Trump Sues Developers of Baja, Mexico, Condominiums Over Buyers' Lawsuits

[edit on 4/10/2009 by Hx3_1963]

posted on Apr, 11 2009 @ 12:14 AM


Pinnacle Mine Cuts Coal Production -290
Pratt and Whitney -500
Intuit Real Estate Solutions -40
Buckhorn Group -58
Kobelco -66
Bristol Metals -37
FedEx Services in Akron -74
Maine maritime Academy -9
Viking Yacht Tally -800
Marana Schools -133
CB and I -250
Johnson and Johnson -900
Sailboat Maker Beneteau -600
Evraz Steel Mill -250
GE Healthcare Milwaukee -179
Finning International -170

TOTAL 4,350+

Crowd Of 10,000 Overwhelms N.H. Job Fair

Traffic Gets Backed Up For Miles, And Organizers Forced To Shut Down Early

posted on Apr, 11 2009 @ 12:56 AM
Headlines for April 11th 2009

U.S. budget gap soars in first half of fiscal 2009

Overseas Borrowers Sell Corporate Bonds in Dollars at Record Yearly Pace

Stimulus aid being doled out, slowly

GOP Govs Get Dose Of Stimulus Reality

FDIC sets up bank to resolve failed New Frontier

UPDATE 1-S&P cuts GM's senior secured revolving credit

Report: U.S. squeezes GM, Chrysler creditors

New York’s MTA Faces Moody’s Cut on Lawmaker Inaction (Update1)

Recession leads to backup at anchorage

Fewer at Disney whistling while they work

China Pacific Insurance Q4 net loss 2.54 bln yuan

Bank of Japan Set to Downgrade View on Economy

UPDATE 3-Japan bank shares drop on SMFG fundraising plan

Satyam used $60 mln bank funds in Jan-March -paper

State Department Says Georgian Protests Are Sign of Democracy at Work

The Big Money: Long weekends vs. layoffs

NYT: Squatters call foreclosures home

Members of Congress Stay on 'Tea Party' Sidelines

FOX FORUM: America's Outrage at a Full Boil

Domestic abuse on rise as economy sinks

[edit on 4/11/2009 by Hx3_1963]

posted on Apr, 11 2009 @ 03:38 PM
NYT: Cities turn to fees to fill budget gaps

CEOs Face Growing Threats at Home and Abroad

[edit on 4/11/2009 by Hx3_1963]

posted on Apr, 12 2009 @ 04:14 AM
Headlines for April 12th 2009

China end-March FX reserves hit $1.9537 trln -PBOC

BOJ to consider boosting capital - report

SPD says Merkel may have to consider state aid at Opel

Thai ministry stormed after government declares emergency

Layoff Daily

Caterpillar Update: More Layoffs

Rumor of Best Buy Layoffs

Watseka Hospital -18

125 Year Old Bakery Closes

Indianapolis Diversified Machining -50

Austal USA -62

MeadWestvaco Update -51

National Semi 2 Week Closure -450

Syracuse China Closing -200

JE Morgan Knitting Mills Closing

City of Hoboken -21

Northern AZ University -9

Nike Inc. -17

PCS Phosphate -24

Greene County OH Sheriff -10

Layoff Daily

College Grads Face Tough Job Market

Zambia Copper Mine -1,300

Shenendehowa Schools -46

US Tech Firms Q1 -84,217

Idaho Florists Hit By Recession

[edit on 4/12/2009 by Hx3_1963]

posted on Apr, 12 2009 @ 06:00 PM
Retail Sales Probably Rose, Output Fell: U.S. Economy Preview

China plans more stimulus to boost consumption: report

China Plans $10 Billion Worth of Investments for Asean, $15 Billion Credit

China Currency Reserves Post Smallest Gain in Eight Years as Exports Fall

China May Lend Kazakhstan $10 Billion in Return for Stake in Oil Producer

Goldman Sachs Share Sale to Repay U.S. Aid May Force Rivals to Follow Suit

Credit Suisse starts shutting U.S. offshore accounts: report

HSBC May Sell London Headquarters, Landmark Buildings to Avoid British Aid

UBS to announce more job cuts soon: media

BT May Slash Further 10,000 Jobs, Cut Dividend 60%, Sunday Times Reports

Qinetiq Workers Threatening Strike Over Pay Freeze, Daily Telegraph Says

Bangkok Descends Into "Total Chaos"

GM's Plan For Brief Stay In Bankruptcy Faces Hurdle

Toyota operating loss may hit $5 billion in 2009/10: report

Gas Prices Inch Up

[edit on 4/12/2009 by Hx3_1963]

posted on Apr, 12 2009 @ 11:02 PM

Report: UK telecom company BT to cut 10,000 jobs

Report: UK telecom company BT to cut 10,000 jobs 9 hours ago LONDON — Telecommunications company BT Group PLC is set to slash 10,000 more jobs, according to a British newspaper report, or about six per cent of its global work force. The Sunday Times of London said the cuts would be announced next month as the company announces what the paper called horrendous year-end results. BT, whose share price has plunged from more than 40 pence (US60 cents) last year to about 12 pence (US17 cents) Friday on the London Stock Exchange, has only just wrapped up its latest costing-cutting program, which laid off 10,000 other workers.

posted on Apr, 12 2009 @ 11:34 PM
There is a good graph here - that shows 15 month approx of rate of unemployment.

March's monthly loss is up slightly from the loss of 651,000 jobs in February, although it's less than the number of jobs lost in January. That figure was revised up to a loss of 741,000 jobs -- which now stands as the biggest monthly drop in 59 years.

posted on Apr, 13 2009 @ 12:50 AM
reply to post by spinkyboo
Stars 4 U!!!

Thanks fer stopping by and adding...I appreciate all the help I can get!!!

Headlines for April 13th 2009

A daily snapshot of market moving developments
G PCResearch

Are the Fed's Unemployment Rate Forecasts Right?

Treasury Directs GM to Prepare for Bankruptcy Filing

GM bondholders prepare case against bankruptcy plan-WSJ

$77 billion more to bail out bankrupt GM?

GM shares tumble as bankruptcy fear grows

Boeing shares fall on production cut worries

China Mulls New Stimulus to Boost Consumption, Bolster Recovery

Japan Wholesale Prices Slide, Deflation Ahead

Showdown Seen Between Banks and Regulators

ING to unload $10.6 billion in assets

HSBC says considering sales of office buildings

Quarter of houses unsold after six months

New food crisis looms

Did Goldman Goose Oil?

[edit on 4/13/2009 by Hx3_1963]

posted on Apr, 13 2009 @ 08:17 PM
Dollar slides in lead-up to big week

FEATURE-More Americans wary of U.S. tax man this year

Wells Fargo May Need $50 Billion in Capital, KBW Says (Update1)

Singapore's economy shrinks more than expected

[edit on 4/13/2009 by Hx3_1963]

posted on Apr, 13 2009 @ 09:47 PM
more 2 cum...

[edit on 4/13/2009 by Hx3_1963]

posted on Apr, 13 2009 @ 09:59 PM


Finch Paper -57
Chicago Tribune -90
LA Schools Cutting Teachers -1,900
ArcelorMittal E. Chicago -400
SR of Kentucky Closing Plant -194
State of Vermont -420
Buckhorn Inc. -58
BF Goodrich Closing Plant -1,000
Brownstein Hyatt -37
Observer and Eccentric Newpapers -44
Peterbilt -390
HBC Canada -1,000
Panasonic -79
Amgen -100
Detroit -334
City of Boston -565
UBS May Cut More -8,000
Pinnacle Mine -200
Perot Systems -30
ECI Telecom -200

TOTAL - 15,098 est

posted on Apr, 14 2009 @ 07:43 PM
Headlines for April 14th 2009

Obama sees economic progress, but "not out of woods yet"

U.S. Retail Sales, Producer Prices Fall, Tempering Optimism About Recovery

Stocks in U.S. Retreat on Retail Sales, Price Reports; Goldman Sachs Falls

Yahoo to cut hundreds of jobs: report

Intel Profit Falls 55% as PC Makers Trim Orders in Recession; Shares Drop

AIG Questioned About Role in Effort to Discredit Greenberg After Bailout

U.S. worker confidence in retirement hits new low

More Americans wary of tax man this year

Orphanides Signals Deflation Risks May Require ECB Easing After Next Month

Corporate U.K. Pension Deficit Exceeds $373 Billion, Financial Times Says

China Day Ahead: Huiyuan's 2008 Profit Plunged, China Southern Posts Loss

Cathay, Singapore Airlines Face `Tough Decisions' as Qantas Slashes Jobs

Thailand's Political Polarization May Bring More Chaos in `Land of Smiles'

Taiwan Faces Pressure to Abandon Chip Industry Rescue as Lawmakers Balk

Ukrainian Cabinet Will Approve Three Decrees to Restore Flow of IMF Funds

IMF Says Czech Economy May Shrink 1.3% This Year Because of Global Crisis

Czech Industrial Output Falls Most Ever as Economic Crisis Reduces Demand

Citigroup Unit Sold Polish Foundry `Marked Cards' Before Currency Plunged

Poland to Ask IMF for $20.5 Billion Credit Line to Protect Economy, Zloty

Bajnai Takes Over as Hungarian Prime Minister, Vows to End Economic Crisis

Argentina Regulator Is Probing `Unusual' Merrill Lynch Stock Trades in TGN

Cameroon's Cotton Farmers Being Forced to Close Due to Rising Input Costs

Malawi's Tobacco Revenue Plunges 70% From Year Ago in Second Week of Sale

Australia's Westpac Leading Index Contracts at Fastest Pace Since 1982

Bank of Canada Should Boost Money Supply to Spur Growth, C.D. Howe Says

GM creditor cracks show as bankruptcy looms

GM Moved $495 Million From Canada Unit to Win Bailout From U.S. Government

OPEC Frustrated by Russia, Brazil Boosting U.S. Crude, Threatening $50 Oil

[edit on 4/14/2009 by Hx3_1963]

posted on Apr, 14 2009 @ 09:18 PM

Tue 4-14-2009

Perkins Coie -38
MEMC Electronics Materials -200
Qantas Airlines -1,750
FedEx Idles 14 Jets
Ingersoll-Rand -25
Idaho State University -73
ABB -38
John Deere Co. Update -200
Nordam Aviation Supply -50%
- approx 85 over next two months
Hallmark Cards -750
The Jersey Journal -17
Jet Works Air Center -12
Essar Steel -100
Discover Financial Services -500
The Homac Companies -54
East St. Louis -23
Casino Nova Scotia -12
Stork H.E. -24
Nashville Schools -200
Tegrant Corp. Closing Plant -50
Schmidt Unisia Inc. Closing Plant -38
Pilgrim's Pride Closing GA Plant -280
Another BFGoodrich Plant -70
Gardner Denver Closing Plant -366
GE Mebane Plant -100
Xiotech Corp. -50

TOTAL - 5,055 est

This is an excellent number for a Tuesday -
Probably not the real story -
but an easier number than usual ... on the eyes - .

HX - what happened to your skittle head avatar??

posted on Apr, 15 2009 @ 03:25 AM
Headlines for April 15th 2009

Happy Birthday to Me !!!

Support your Local Tea Party !!!

The Income Tax System is Broken

Tea Party Protesters Gird for Liberal Backlash

U.N. President Rips On G-20 'Failure'

Economy still worsening across U.S.: Beige Book[33DD5B9D-0C0E-4E4A-8D68-7D2ECE8687FE]&siteid=bnbh

U.S. consumer pullback continuing

Signs of Recovery Fuel Debate Over Bailout Program

Weak data offers some glimmers of hope


Jobs are still roadblock on path to recovery

U.S. Plans to Reveal Bank 'Stress-Test' Results

Charles Schwab earnings fall 29 percent

Fiat could abandon Chrysler due to unions-report

Obama to Appoint 'Border Czar'

Group: Nearly $20B In Pork In Fiscal '09

UBS Expects $1.7B Loss, to Cut 8,700 Jobs

Opposition in Hiding as Chavez Cracks Down

$8.4M In Counterfeit Money Seized In Peru

Thai Protest Leaders Call Halt After Deadly Clash

Despite housing downturn, renters get no relief

Rio iron ore output down, defends Chinalco deal

Hard times put funeral industry in grave state

[edit on 4/15/2009 by Hx3_1963]

posted on Apr, 15 2009 @ 11:55 AM

1st report
Wed 4-15-2009

Saab -700
Spokane Hospital -90
University of Washington -1,000
Avery Dennison Closing OH Plant -57
Lambuth University Can't Make Payroll
Clark County Schools -800
Yahoo Update -500
UBS Makes it Official -8,700
Air France-KLM -3,000
Linear Technology Corp. -130
T-Shirt International -94
Reed Business Information -7%
Raven Industries -29
Kawneer Closing -250
ArcelorMittal Update -80
Motorolla -667
LA Schools -5,400
Colorado College -11
Harrison Medical Center -91
Oregon City Schools -63
Vero Beach Schools -80+
Yahoo Cutting Hundreds

Big numbers so far today -
will post a total tonight.

posted on Apr, 15 2009 @ 08:37 PM
"Tea Party" Protests Draw Thousands

Perry: Secession One 'Scenario'

Politicians also to blame for crisis, say bankers

Say Goodbye to Fannie, Freddie as Housing Collapse Wrecks Profits, Status

Treasury tallies $10 billion for mortgage mods

Author advises dump your mortgage, transform yourself

GM pushs faster plan to cut U.S. dealers: sources

GM may drop Pontiac, GMC brands - Bloomberg

Fiat Would Seek to Buy Chrysler Assets in Bankruptcy, Chief Executive Says

Lamborghini Sales Fell 35% in First Quarter; Production, Working Hours Cut

Worldwide PC sales fall 7.1 percent in Q1: IDC

China GDP growth slows to record low

UPDATE 1-Japan corp mood near record low, outlook brighter

New Zealand's Manufacturing Contracts As Recessions Curbs Export Demand

Mobius Says Thai Economy Is at Risk as Stocks Fall After Trading Resumes

Russia's Central Bank Expects to Start `Trend' of Rate Cuts This Quarter

Russia Banks to Be Hit by `Avalanche' of Bad Loans, UniCredit Analyst Says

Russia's Companies Urged to Brace for `Long Siege' as Industry Contracts

Baltic Countries Must Cut Deficits, Prepare for Euro Adoption, EBRD Says

Weber Pushes for ECB to Set 1% Rate Floor as Council Squabbles Over Policy

German Economy to Stage `Weak, Slow' Recovery in 2010, DIW Institute Says

Canon Delays Construction of Plant in Japan as Economic Slump Cuts Demand

Project halt prompts Petro-Canada to cut 200 jobs

Argentina's Central Bank Weighing Delay on Bank Dividends, Official Says

Pennsylvania Man Begs for Jail, Judge Offers to Dismiss Charges Instead

Child abuse spikes as U.S. economy flounders

Power Naps, Working Out Replace Eating Out for U.S. Jobless in Recession

[edit on 4/15/2009 by Hx3_1963]

posted on Apr, 15 2009 @ 10:31 PM

Wed 4-15-2009

Anheuser-Busch Closing Warehouse -80
Chesco Trucking -54
Kansas State Univ. Foundation -13
India's Biggest IT Company -3,000
Brown University -31 P
etro-Canada -200
St. Edward Mercy Health -64
Russell Investments -400
Saab -700
Spokane Hospital -90
University of Washington -1,000
Avery Dennison Closing OH Plant -57
Lambuth University Can't Make Payroll
Clark County Schools -800
Yahoo Update -500
UBS Makes it Official -8,700
Linear Technology Corp. -130
T-Shirt International -94
Reed Business Information -7%
Florida State U. Major Cuts
Raven Industries -29
Kawneer Closing -250
ArcelorMittal Update -80
Motorolla -667
Colorado College -11
Harrison Medical Center -91
Oregon City Schools -63
Vero Beach Schools -80+

TOTAL 22,700 est

I don't actually post these numbers to reveal the accurate numbers.
We can never know the real numbers - there are so many variables and the
official definition of "unemployed" is ify.

The biggest reason I post these is to get a general feel for the numbers... and
to give people an idea of where the layoffs are happening -
and which fields are being hit the hardest. I think it's important to know what is happening to our neighbors - statewide, countrywide - and worldwide.

posted on Apr, 15 2009 @ 10:59 PM
reply to post by Hx3_1963

AH! Happy birthday to YOU!!
You were born in very interesting times.

Did you get your taxes out on time!?

The tea parties seemed to be somewhat a success.
People showed up. That's a good thing.
Although my gut feeling is that we are just seeing the beginning of some tough times.

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