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2009 Depression Validated

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posted on Mar, 21 2009 @ 08:18 PM
Sheila Bair: FDIC Reserves To Hit Zero

Dollar Declines Most Since 1985 Plaza Accord on Fed Bond Buying

Financial Crisis Worst is Yet to Come, Market Forecasts Into 2015

Dairy farms are drying up across the state

Sat 3-21-2009

Express News San Antonio -133
Wausau Financial Sys. -24
APB -24
FPL Foods LLC -5%
LDS Test and Measurement -51
Ft. Wayne Indiana Schools -50
Staff Development For Educators -27
Grand Sierra Resort In Reno -50
Wilson County NC Unemployment 12%
Alcan -50
C.R. Onstrud Inc. -15
Hawaii Feb. Layoffs -1,200
Ohio Unemployment Rate 9.4%
Winnebago County -70
Parkdale Mills Closing Plant -75
Rea Magnet Closing Plant -85
Finning Canada -69
Amaze Entertainment/Evri Make Cuts
Wm. Wrigley Jr. Co. -10%
U.S. Postal Service -1,400
Wash. DC Needs To Cut -1,600
Denver Post Plans Cuts -200

Italy Layoffs First 2 Months '09 -560,000

[edit on 3/21/2009 by Hx3_1963]

posted on Mar, 21 2009 @ 08:28 PM
HX3...Thank-you so much for this thread, and all the links you have posted... There's a bad odor in the air, and nothing good is going to come from it I fear..
I started stocking up on goods about 3 months ago, for the "Just in case"..looks like the just in case, is getting closer..
What do you see happening with the ecomomy, as it pertains in our day to day lives, within the next month or so...?
Here in rural NW Ohio, jobs are few and far between..any advice is welcome, and thank-you again, for all your efforts..

posted on Mar, 21 2009 @ 08:40 PM
reply to post by MissysWorld
Star 4 U!

As stated, I know not which way the Ill wind blows these days...

...But, I do not think this will turn out well for any of us...

Short term...keep an eye on 7th page headlines...they won't put it out for all to see...believe me...I have to scour endlessly to find some of this stuff...

I live just north of you in 2nd tier Lower/Lower Mi, so, I know our local situation...not very nice...over 12% Unemployed here...

I hope this will get better...

...and that's all I got to say about that...

posted on Mar, 21 2009 @ 08:46 PM
Thank-you for your reply! Stars for you too!

posted on Mar, 21 2009 @ 08:54 PM
reply to post by Hx3_1963

Thanks so much for the reply. You've sure done alot of work on this thread,I think your on to something with this. I really would like an answer to Kanjoskis drawdown though. I really feel this is the biggest key.
I agree, it could be Isreal or China. Then out of nowhere an odd thought crossed my mind... Think if Bin Laden where a double agent,currently loyal to the cia. It'd be easy for him to recruit radicals,wouldnt it? Promise them virgins maybe? I dunno,I just speculated a minute and it seemed much more plausable this way.
It could be Isreal miffed about a no fly zone over Iraq,a threat to electing Obama? Maybe..Notice Obama reaching out to Iran? Very odd considering. They say politics is a full contact sport,I tend to believe them.Heavy hitters are at work here.
The economic sunami is an intricate twist thats classic banker acts, I mean really, it fits Jeffersons warnings does it not?

posted on Mar, 21 2009 @ 09:00 PM
reply to post by Hx3_1963

I am trying to look at banks here in my state, as well as in my sister's state. She lives where there have been many failures, "hint, hint"
so I told her I would investigate the best I could.

you are the best!

posted on Mar, 21 2009 @ 09:24 PM
reply to post by nickoli
Star 4 U!

Both yer theorys are valid...

Bin laden was in with the Bush family and worked both side of the fence...

I'm sure he could compile a nice bunch of radical techies and do a monetary raid...upsetting the money markets where they lock them down to avoid more losses...

Thing is...if you drawdown $ has to go somewhere...I think they know where it went...

That Mar 17th 08 Closed door congressional meeting is another missing puzzle piece...

...and as for Israel...I believe we told their diplomat to walk recently...and they're getting itchy about the possibily of us actually talking to Iran/Syria/Palestine...but not really sure of a connection there...

I'm leaning toward the shadow bankers/china calling in their loans...

We were supposed to pay them $6.5T for our debt...someone Lo-Jak'd us and stole we gotta say nothing...we got took...or tough luck...

Someone didn't like it and went after it...

..and as far as the Banker/Jefferson forecasts...

The Bankers' Manifesto of 1892

The courts must be called to our aid, debts must be collected, bonds and mortgages foreclosed as rapidly as possible.

*As foreclosures mount, Florida court turns to 'rocket docket'*

When, through the process of law, the common people have lost their homes,
they will be more tractable and easily governed through the influence of the strong arm
of the government applied to a central power of imperial wealth under the control of the leading financiers.

People without homes will not quarrel with their leaders. History repeats itself in regular cycles. This truth is well known among our principal men who are engaged in forming an imperialism of the world. While they are doing this, the people must be kept in a state of political antagonism.

The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be forced to view through the Republican Party.

By thus dividing voters, we can get them to expend their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus, by discrete actions, we can secure all that has been so generously planned and successfully accomplished.

Sound familar to recent events???

Just a few of my stray thoughts on the subject...

[edit on 3/21/2009 by Hx3_1963]

posted on Mar, 21 2009 @ 09:26 PM
reply to post by fullmoonfairy
Star 4 U!

Yer very welcome!!!

I try my best to assimilate as much data as possible and keep my occular implants active...

posted on Mar, 21 2009 @ 09:44 PM
I got off on a tangent there but it was a thought.Plausable deniability,perpetual war,GLOBAL war on terror. Economic warfare is just as deadly,if not more so. I thought also maybe Sausi Arabia could have moved so swiftly,it was certainly someone with massive assets,few really fit this bill.

China doesnt ring well with me yet nor Russia,we're so intricately financially intertwined now that we'd effectively cut each others throat.

posted on Mar, 21 2009 @ 11:50 PM

The global economy will shrink up to 2 percent, and rapidly approved stimulus plans worldwide could spark another crash in financial markets, World Bank President Bob Zoellick projected at a forum in Belgium Saturday.

Zoellick said the World Bank, an international institution that offers aid to developing nations, projects a global economic decline between 1 percent and 2 percent, in contrast with an earlier 1 percent decline projected by the International Monetary Fund, a Washington-based organization formed to stabilize international exchange rates, among other duties.

The world has not seen a 2 percent drop since World War II or the Great Depression, according to the World Bank.

Two of the world’s largest economies, the United States and China, are struggling with recession and have recently implemented stimulus packages worth hundreds of billions of dollars. However, Zoellick likened such stimulus plans to a “sugar high,” saying they would likely lead to another crash.

This is interesting, it suggests that our stimuli could cause another crash.

Sugar High!!!

[edit on 3.21.2009 by Avarus]

posted on Mar, 22 2009 @ 01:23 AM
Headlines for March 22nd 2009

G-20 Summit to Be Protected by 2,5000 Extra Police Officers, Guardian Says

Zoellick Calls 2009 a `Dangerous Year' as Economic Crisis Curtails Trade

Zoellick slams 'sugar high' stimulus plans

Gregg: 'This country will go bankrupt'

Shelby Says Geithner May Not ‘Last Long’ at Treasury (Update1)

Credit Unions May Get U.S. Revamp After Seizure of Two Corporate Lenders

U.S. leaders say more infrastructure spending needed

Yosano Confident Japanese Companies Can Survive Year-End, Nikkei Reports

Aso Says Holding Stocks Is Deemed `Fishy' Among Japan's Rural Population

European Government Bonds Rise After Record European Factory Order Plunge

Europe is united on how to beat slump, claims PM

Darling Said to Prepare Plans to Give Mutual Lenders Greater Role in U.K.

German States May Delay Hypo Real Nationalization Law, Der Spiegel Says

Generali Cuts Dividend After Full-Year Net Drops 70%, More Than Estimated

Children's Investment Fund Sells Stakes in 8 State-Owned Banks, FT Reports

Gulf Bank Posts Full-Year Loss of $1.2 Billion After Derivatives Losses

Fitch Withdraws Tech Mahindra's Credit Rating Over Satyam Computer Bid

Australian Economic Growth Amid Global Slump Is `Impossible,' Rudd Says

Venezuela Gov't Takes Control Of Ports

IDB's Losing Bets in U.S. Mortgages May Weaken Case for Additional Funding

Sony Ericsson to Post $534 Million First-Quarter Loss as Sales Evaporate

Watchmaker Citizen Scrapping China Plant on Falling Demand, Nikkei Reports

Economy causing people to give up their horses

Anti-drug effort readied at U.S.-Mexico border

[edit on 3/22/2009 by Hx3_1963]

posted on Mar, 22 2009 @ 02:13 PM
GOP predicts doomsday if Obama budget passed

Bernanke: US Must Resolve 'Too Big to Fail' Problem

JPMorgan Might Lose Dimon to a Geithner Flameout: David Reilly

Japan's MUFG says to close branches, cut jobs

GM bondholders raise concerns with U.S. task force

In credit drought, U.S. car dealers battle to survive

Toyota Founding Family's Fortune Takes $447 Million Hit From Falling Share

Herbst Gaming Files Pre-Packaged Bankruptcy, Will Split Casino, Slot Units

Iraq Freezes 66,000 Police Hires Amid Declining Oil Prices, Minister Says

Venezuela Seizes Seaports, Airstrips

[edit on 3/22/2009 by Hx3_1963]

posted on Mar, 23 2009 @ 12:13 AM
Headlines for March 23rd 2009

Obama to Rely on Private Help to Buy Up to $1 Trillion of Illiquid Assets

Bernanke Pressure for Lower Bond Yields Increases With Joblessness Anxiety

Greenspan Says Banks Will Need `Very Large' Capital Infusions to Recover

WTO Predicts 9% Drop in Global Trade This Year, Biggest Decline Since WWII

IMF says clean up banks to tackle dire world crisis

Bank Bond Spreads Widest Since 1996 Tell Stock Market Rebound in Jeopardy

U.S. Central Credit Union may form "bad bank": CEO

GM Bondholders Say Plan Risks Bankruptcy’s ‘Dire Consequences’

Daimler Plans $2.7 Billion Share Sale to Aabar as Sales, Cash Flow Decline

Tata's Nano, World's Cheapest Car, May Not Help Automaker Pay Down Debt

Home Resales in U.S. Probably Fell in February as Mortgage Credit Dried Up

Defaulting Commercial Properties Hit Banks as Lost Jobs Increase Vacancies

General Growth remained in talks with bondholders - WSJ

Global recession stalls skyscraper construction

U.S. Retail Sales Will Be Little Changed This Year, Pricewaterhouse Says

Stock-Option Repricing Lets Employees Sidestep Crash (Update4)

Gottschalks Said to Be in Talks With 3 Buyers Who Would Keep Stores Open

Weber Says ECB Is Poised to Lower Interest Rates to Counter Economic Slump

Euro Currency of Choice as Quantitative Easing Drives Dollar Depreciation

Brown Urged by CBI to Refrain From Further Fiscal Stimulus in April Budget

Blanchflower Calls for British Government Stimulus as Unemployment Worsens

Transport for London Faces Strike Threat Over Plan to Cut Jobs, Freeze Pay

European Exports to the U.S. Decline the Most in Five Years Amid Recession

Australia Bank Funding Costs Rise, Corporate Bond Default Risk Increases

Manufacturer Sentiment Falls by Record as Recession Saps Export Demand

Japanese Home Prices Slump to 24-Year Low as Recession Curbs Jobs, Wages

Japanese Young Boost Gold Buying Amid Deepening Recession, Retailer Says

Aso May Need to Spend More Than $104 Billion on Stimulus, Analysts Say

Thailand's Economic Contraction May Worsen Without More State Spending

Russian Ministry Selects 600 Companies for Government Aid, Khristenko Says

Eastern European Economies to Shrink 6% This Year, Capital Economics Says

Ukraine's Prominvestbank Gets $285 Million Loan Tranche From Russia's VEB

Georgia's Saakashvili Seeks to Reverse Decline in Investment Amid Crisis

Czech Economy May Shrink 2%, Central Bank Chief Tuma Tells Financial Times

Commerzbank, Economic Institutes Predict Deeper Recession as Exports Slump

Italy Property Market Seen `Worsening' in 2009, Bank of Italy Report Says

Venezuelan Bonds Fall on Concern Chavez Measures Not Enough to Narrow Gap

Petrobras Union Strikes Over Pay and Bonuses, Says Some Oil Output Stopped

Soybeans Jump as Argentine Farmers Plan Week-Long Strike on Export Taxes

Deripaska May Lose Grip on Rusal Aluminum Empire With $14 Billion of Debt

OZ Minerals Shares Halted From Trade Before Regulator Announcement on Bid

Henan Province Steel Workers Blockade Road to Demand Wages, Xinhua Reports

Dubai World Unit Files Lawsuit Against MGM Mirage on CityCenter Project

Oil Climbs Above $53 a Barrel as Gain in U.S. Stocks Signals Higher Demand

[edit on 3/23/2009 by Hx3_1963]

posted on Mar, 23 2009 @ 03:29 PM
WTO's Lamy presses U.S. as world trade tumbles

Reform the International Monetary System

Nobel laureate Krugman slams Geithner bailout plan

Bank of America’s Bernstein Says Sell Bank Stocks After Rally

Weak banks should be nationalised-BBVA chairman

Credit bubble looms as investors rush in

Moody's cuts GE rating two notches, outlook stable

U.S. housing rescue threatened by second liens

GM workers must decide soon on latest buyout offer

UPDATE 1-U.S. supermarket chain BI-Lo files for bankruptcy

Newspapers fold as readers defect and economy sours

Gannett plans more furloughs to cut costs: memo

Recession Blues: Drinking Drops In Ireland

[edit on 3/23/2009 by Hx3_1963]

posted on Mar, 23 2009 @ 05:54 PM
Hey! Here I am again, just to visit you and to get all of the headlines...I'm trying to put a few together for the benefit of trying to convince my "hunk of burnin' love" (of 20 years), for sure, that we need to take what little extra cash we have and get to stockin' up asap!

He will listen partly, for now, but I am really anxious, and getting edgy that he won't go along with my plan completely.

Sorry you don't get the "traffic" you deserve over here; nothing personal I'm sure. But you do soo much work I'm amazed that you don't!
...please don't give up!

Thanks again!

posted on Mar, 23 2009 @ 06:21 PM
reply to post by fullmoonfairy
Star 4 U!

Just for stoppin' by!

Well...if he goes through even a page of this stuff, he'll have to see somethings going on here...

I'm in it now for the long run I fear...

Good Luck!

[edit on 3/23/2009 by Hx3_1963]

posted on Mar, 23 2009 @ 06:57 PM
reply to post by Hx3_1963

Thanks!...*blush* I got two "stars for you", now..
I feel special.., really! At least here I don't feel out of place because I'm not one of the experts; but I still pay close attention and follow the everything on youe thread as well as the "up to the minute" thread.

I am so wanting to know what is going on and do try to learn..

posted on Mar, 23 2009 @ 08:42 PM
reply to post by fullmoonfairy
Star 4 U!


This thread is just another way to contribute...

Knowledge is Power...if people fail to see what I see, it's not going to be because I didn't show ''s because they don't want to...

SUNDAY 3-22-2009

Hanesbrands -46
/CPFilms -45
SDS Lumber Co. -150
Silver Lake School District -15
Trane In Ft. Smith AR -30
Carlise Industrial Brake -30
Mon 3-23-2009

Boise State University -800
Corning Inc. Closing Plant -200
Sutter Medical Center -53
Hallmark Cards Looks At Layoffs
TOUSA Stops Building Homes -200
Newseum -13
Victoria and Co. -70
King's Daughters Hospital -20

Mass Layoffs Fall In KS, MO

Missouri reported 3,538 initial claims for unemployment insurance in February, down from 5,239 in January and up from 1,127 in February 2008.

Mass Layoffs Decline In Colorado

There were 1,237 initial claims for unemployment insurance in Colorado as a result of mass layoffs in February, down from 1,814 in January and 2,023 in December, BLS said.

Boston Teachers -212
ABP Induction -31
Ann Arbor News Will Close
Alatech Loses Fed Contract May Cut -300
Mzinga Inc. -40
SABIC Innovative Plastics -48
Charlotte Observer -82
Advertising Age -5
Lexington Paper -49
Another Round At Schlumberger

The world’s largest oil field services company, which in January announced plans to cut 6 percent of its work force, now expects “a further reduction of a similar amount” in coming months, Chief Executive Andrew Gould said at the 2009 Howard Weil Energy Conference in New Orleans. While the first round of cuts — eliminating about 5,000 of the firm’s 84,000 global employees — should be largely completed by the end of March, Gould gave no specific timetable for the next phase of layoffs. A company spokesman did not yet know how the company’s Houston operations would be affected.

Layoffs Hit Canadian Oilsands
Lexington Herald-Leader -53
Nike Could Start Layoffs -1,400
Carmel Clay Schools -19
Recession Stress Causing Illnesses
Trane Plant Layoffs Start Today -30
Caterpillar Decatur Plant Furlough
Foot-Joy Factory Closes -103
Dell Cutting Jobs
University of Maine
Air Labrador -100
Washington State Up To -8,000
BP Amoco In Illinois -52
Tech Jobs Disapear At AIG (only 6)
Troutman Sanders Law Firm

Fed should focus on monetary policy: Fed, Treasury statement

Obama set to unveil Mexico border drugs/guns plan

Mexico says troops cut drug deaths in border city

BofA investor files to strip CEO of chairman job

UPDATE 1-Top pension funds aim to lead Bank of America suit

New Issue-Citibank and Citigroup Fdg sell $7 bln in TLGP notes

HIGHLIGHTS-BOJ minutes:extending corp funding steps needed now

Japan finmin: need to use reserves for fx stability

UPDATE 1-Mexico retail sales drop 4.6 pct yr/yr in Jan

Manitowoc in covenant crosshairs; more job cuts seen

Smith International says cut 10 pct of workforce

Japanese astronaut tests stink-free underwear

U.S. rehab centers see bankers driven to drink

[edit on 3/23/2009 by Hx3_1963]

posted on Mar, 23 2009 @ 11:37 PM
Headlines for March 24th 2009

Obama urges G20 leaders to act fast to boost growth

Geithner Races to Show Progress on Plan for Distressed Assets

Tim Geithner`s new trillion-dollar US plan is not enough, experts warn

U.S. Seeks Expanded Power to Seize Firms

IMF poised to print billions of dollars in 'global quantitative easing'

World Bank wants fiscal stimulus to be disciplined

Unemployment could double to 4m, predicts David Blanchflower

Country faces 'riots' unless public finances are solved, Frank Field warns

UK risks deflation trap until 2012, experts warn

UK will have the worst deficit in Western world, warns IMF

2m fall into negative equity

Councils pension plan faces £100bn black hole

Recession hammers UK public finances

UK unemployment jumps at fastest pace on record

German economy to contract 7pc this year

Chinese try to live on less than £10 a week

Postcards from the Edge: the economic crisis that stretches from Wall Street to all streets streets.html

House sellers resort to swapping

RBS sued by City of Cleveland

AIG says "handful" of execs depart controversial unit

[edit on 3/24/2009 by Hx3_1963]

posted on Mar, 23 2009 @ 11:55 PM
Hi there superfriend! I see you are out saving the world as usual!

My hats off as always and some damn fine work!

Ah, living in the land of the greed and home of the 'fraid!
The roller coaster gets wilder and the pendulum swings even further!
Eh? (to borrow from the canadians)
and, G' day mate! (from the aussies)!

Hmm, sounds like maybe I'm a little jealous!

(we sure got some ninCONpoops in charge of this country dont we?)
Thanks for all you do! Peace! D

[edit on 24-3-2009 by dodadoom]

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