It looks like you're using an Ad Blocker.

Please white-list or disable in your ad-blocking tool.

Thank you.


Some features of ATS will be disabled while you continue to use an ad-blocker.


2009 Depression Validated

page: 8
<< 5  6  7    9  10  11 >>

log in


posted on Mar, 24 2009 @ 10:55 AM
China's `Super Currency' Call May Show Dollar Concern, Leadership Ambition

U.S.' Geithner, Bernanke reject global currency idea

AIG Tax Legislation May Not Be Needed If Bonuses Are Returned, Hoyer Says

UK population must fall to 30m, says Porritt

Rail Union to Stage 24-Hour Strike on Two London Commuter Lines Next Week

Ireland Sells 1 Billion Euros of Bonds in First Debt Auction in Four Years

Koehler Says Democracy at Stake Amid Economic Crisis, Urges No Squabbling

DuPont, Lockheed Facing Higher Costs From Underfunded Pensions

BlackRock's Global Macro Hedge Fund Bets on Further Stock-Market Declines

Legg Mason Bond Unit Cuts 100 Jobs, or 10% of Staff, on Client Redemptions

Mortage-Refinancing Boom Fuels Surge in Bank Fees to Highest in Nine Years

Bank of America shares fall as two Merrill men exit

Lloyd's of London profit halves to $2.8 billion

Swiss private banks face consolidation wave

Wilbur Ross Defies Bruce Rose in Tranche Warfare Between Housing Villains

Canadian Government Says Demand Is Waning for Mortgage-Purchase Program

Bank of China Fourth-Quarter Profit Drops 59% on Mortgage, Loan Writedowns

U.K. Inflation Unexpectedly Rose to 3.2% in February on Food Costs, Pound

Sell Chinese 5-Year Corporate Debt as Inflation Likely to Revive, GF Says

Mexico's Consumer Prices Rose More Than Forecast in First Half of March

Australian Fund Managers Facing `Numerous Earnings Headwinds,' RBS Says

South Korea Plans to Spend a Record $13 Billion to Arrest Economic Slump

Thailand's Central Bank Predicts Bad Loans May Rise as GDP, Demand Sink

Vietnam Dong Falls Most Since December as Central Bank Widens Trading Band

Kudrin Says Russian Banks Face Second Wave of Bad Loans as Companies Reel

Baltic Currency Pegs Are `Burning Fuse' as 50% Devaluation Looms, RBS Says

Lithuania's Debt Rating Cut by S&P as Baltic Country's Boom Turns to Bust

Serbian Central Banker Confident of Reaching Agreement With IMF This Week

Romania, IMF Discuss Wider Budget Deficit Target, 4% Economic Contraction

EU Gives France, Spain to 2012 to Curb Deficit; Ireland Gets 2013 Deadline

French Manufacturers' Confidence Stalls as Consumers Cut Back on Spending

Ecuador's Correa to Present Bond Restructuring Plan This Week, UBS Says

Central African Economic Community Cuts Growth Forecast to 2.8%, Bank Says

Falling credit quality hobbles new equipment finance in Feb.

Iron Ore to Decline for Two Years on `Whopping Oversupply,' Citigroup Says

Novolipetsk Steel Has Loss, Expects Slump to Continue After First Quarter

Petrol, Slovenian Energy Company, Has First Loss in 12 Years on Asset Drop

U.S. Automakers Said to Near 10,000 Union Buyouts as Job Security Dwindles

Domestic Auto Sales May Decline to a 32-Year Low on Recession Next Year

Li & Fung May Post Slowest Profit Growth in Seven Years on U.S. Recession

World's airlines seen losing billions this year

Kansai Airport Forecasts Decline in Flights For First Time Since 2002

Sanyo Forecasts $916 Million Annual Loss on Chips, Electronic Components

Fondiaria-Sai 2008 Net Income Falls on Writedowns; Company Cuts Dividend

Metro Net Unexpectedly Drops on Electronics-Store Costs, Spending Decline

Tokyo Motor Show Exhibitors Fall 49% as BMW, Daimler, Ford Pare Marketing

Buyers Hunting Art-Fair Bargains Force Dealers to Cut Price as Much as 30%

U.S. to crack down on Mexico border violence

Next Foreign Crisis Could Be Next Door

Mexico `Failed State' Talk Is Overblown, Credit Still Solid, Moody's Says

From Hedge Funds to Pizza Delivery

Fired Doctor of Derivatives Waits to Cry as Finance Jobs Vanish

The Toxic Assets We Elected

[edit on 3/24/2009 by Hx3_1963]

posted on Mar, 24 2009 @ 11:22 AM
Little things locally:
Rural Walmart's shelves are pittifully bare,produce bins 1/2 full.Prices higher,of course.
My local gym (non-chain) puts a piece of paper on the door looking for $10.00 an hours mostly maintainance help: over 150 people hear about it and pop in to fill out an ap.
This is in an area of maybe 4000 residents?
Seeds and plants in every local nursery sell out almost immediately,some wait for "trucks" to arrive on Mondays.Heirlooms are twice as much and you literally have to grab them or they are gone.
Service industries locally are hurting: no funding for large commerical jobs at all and I'd venture to guess that 85% of newly created strip malls in the area are vacant.

posted on Mar, 24 2009 @ 11:55 AM
Stars 4 Dadadoom & Irishchic !!!

Thank You for your input!!!

Glad to see I'm getting a little more traffic these days...even though it's concerning bad news...

posted on Mar, 24 2009 @ 03:21 PM
CORRECTED - IMF's Lipsky-Reserve currency issue a long-term one

Fox Confirms: Letters mimicking anthrax scare sent to Congress,2009-03-24

Toxic Asset Plan May Involve Purchases From Funds (Update1)

Britain cannot afford any further fiscal stimulus, King warns

UPDATE 1-IMF revamps lending, creates new credit line

UPDATE 1-Fed will start buying Treasuries on Wednesday

Boehner says Geithner nonbank plan a power grab

Obama admin. seeks powers to shut firms like AIG

Goldman Sachs' speed to repay TARP may spur others

U.S. financial firms want more on mark-to-market

U.S. boardroom group launches governance campaign

UPDATE 1-Citi reverse split could keep it in Dow-DJ Indexes

UPDATE 1-Pop Milano to seek govt aid, net falls 77 pct

Total's Port Arthur, TX, refinery cuts unconfirmed

Valero says Corpus FCC shut, maybe indefinitely

Ford family in focus as car crisis deepens

UPDATE 3-Court delays decision on GM buy of Delphi unit

UPDATE 2-Brazil oil strike in 2nd day, output maintained

New York governor aims to trim 8,900 state workers

UPDATE 1-New York Times sells Alabama newspaper


Electrolux Update and Tally -369
TRW/Ryerson -53
Special Metals -17
NY Governor Orders Cuts -8,900
Shaw Industries Closing 2 Plants -600
Bostik Inc. -16
Accredited Home Lenders -38
Grocer Calls It Quits -30
Mack Trucks Idling Plants Cutting Workers
Hoffmaster Closing Oneida Plant -70
Lapeer County Unemployment 16.9%
Kodak Windsor Plant -300
Houston Chronicle -12%
Ingersoll Rand Chops Again -75
Law Firms Cutting Pay and Workers
Concord Steel -100
Excide Closes Battery Recylcling Plant
Goodyear Layoffs Start -400
Alcan In KY -60
Spacesaver Corp. Laying Off
Brillion Iron Works Foundry -80
HPG International -100
Hospira Inc. -1,450
Flowserve Corp -62
Angus-Palm -181
GM Begins White Collar Cuts -160
Regional Med. Center Memphis -88
Vail Resort VRI -50
PTI Oil Sands Vendor -500
Cummins Filtration -127
Schlumberger Cuts Again -6,000
Iredell County Govt. -25
Johns Manville Co. -135
USF Holland Closing Truck Terminal -20
Boater's World Closing 129 Stores
Sierra Pacific Industries Closing 2 Mills -310
Philadelphia's Oldest Law Firm Closes
Sutter Medical Center -53
Canadian National Railroad -50
Scotland County Unemployment Rate 16.8%
Appleton Schools -43
Orange County Bus System -400
Empire Aero Center -35
Ethan Alan Furniture Plant -20

TOTAL - 20,890

[edit on 3/25/2009 by Hx3_1963]

posted on Mar, 25 2009 @ 12:36 PM
Headlines for March 25th 2009

China Calls For Global Currency

G20 'will cause London lockdown'

Geithner shocks dollar

Fed Buys $7.5 Billion of Treasuries in Effort to Trim U.S. Borrowing Costs

Treasury Plans Rules to Tackle Fraud, Seeks Power With FDIC to Seize Firms

Obama Will Name Task Force Led by Volcker to Overhaul 96-Year-Old Tax Code

Bank of America Cut by Moody's on Concern Third Round of Aid May Be Needed

UK's Brown says world has reserves to beat crisis

Gordon Brown launches damning attack on bankers

Brown bashed

Treasuries Decline After Sale Produces Higher Yields, U.K.'s Auction Fails

Failed gilt auction stokes fears over UK economy

U.K. Bond Auction Fails for First Time Since 2002 on Brown's Stimulus Plan

EU Leader: U.S. Economy On Road "To Hell"

Japan Exports Plunge Record 49% as Deepening Global Recession Saps Demand

Japan Consumer Prices Probably Stalled for Second Month as Deflation Looms

Australia to Guarantee States' Debt After Crunch Drives Up Borrowing Costs

Malaysia May Suffer `Significant' Economic Contraction, Governor Zeti Says

Russia Must Be `Cautious' on Currency Reserves, Retain Fifth, Ivanov Says

Romania Gets $27 Billion Bailout From IMF, EU for Budget, Current Account

Poland Cuts Interest Rate to Record Low 3.75% as Industrial Output Drops

Czech Premier Topolanek Will Resign Tomorrow After Lost No-Confidence Vote

Czech Crisis Will Make New EU Treaty `More Complex,' Ireland's Martin Say

Koruna Rally Faces Wipeout as Czech Prime Minister Loses Confidence Vote

Serbia Reaches IMF Accord for 3 Billion-Euro Loan, Economy Ministry Says

RAB Capital Swings Into Loss in 2008 as Assets Under Management Fall 74%

German Business Confidence Declines to a 26-Year Low as Recession Deepens

French Jobseekers Increased 19% to 2.4 Million in February, Ministry Says

Sarkozy Backs Bonus Ban at Bailed-Out Companies, May Widen France Stimulus

Consumer Confidence Falls as Recession Pushes Joblessnes to Two-Year High

Brazil to Spend $15.1 Billion on Low-Income Housing to Help Revive Economy

Doe Run Peru Shuts 95% of Operations on Financing; May Get Government Aid

Petrobras Oil Union Says It May Extend Strike (Update1)

Ignatieff Sees Need for More Canada Stimulus, Says He May Topple Harper

Consumer Inflation in South Africa Accelerated to Annual 8.6% in February

South Africa Had Record Foreign Capital Outflow in 4th Quarter, Bank Says

IMF Won't Give Aid to Zimbabwe Until Debts Are Paid, Will Provide Advice

Ethiopia Closes Biggest Coffee Exporters' Warehouses, Suspends Licenses

NEW YORK TIMES: Dear A.I.G., I Quit!

Call for Help: Postal chief says agency crashing

Municipal Market Regulator Regrets Enabling Swap Losses for U.S. Taxpayers

California Home Prices Sink 41% on Surging Foreclosures, Double U.S. Drop

Defaulting Skyscrapers Hit U.S. Banks as Disappearing Jobs Boost Vacancies

Canada Home Prices Fell in January, Led by Declines in Calgary, Vancouver

Canadian Broadcasting Corp. Cuts 800 Jobs to Bridge $139 Million Shortfall

PetroChina Sees `Severe Challenges' as Profit Drops on Refining, Lower Oil

Total Says It's Cutting Output at Refinery in Texas as Demand Deteriorates

Exxon, Chevron Count $40 Billion Nightly to Protect Cash From Bank Crisis

Air-Travel Demand Tumbles to `Alarming Levels' as Fares Fall: Chart of Day

Singapore Air's Empty Business Class Seats Go Begging as Traffic Plunges

Popolare di Milano Plans to Cut 750 Jobs, Chairman Roberto Mazzotta Says

Arafura Resources, With Chinese Government Backing, Seeks Copper Projects

ACCC Won't Oppose Aluminum Corp. of China's Proposed Investment in Rio

HSBC to cut 1,200 jobs

UBS Predicts a `Big Shakeout' in Private Banking as Customers Avoid Risks

Auto Task Force to Announce More U.S. Aid Within Week, Senate's Levin Says

GM Said to Persuade More Than 6,000 UAW Workers to Take Carmaker's Buyout

Porsche Turns to New Lenders in Sign Banks Are Struggling to Extend Credit

Deflation? Not for groceries

McDonald's Latin America Sales to Slow as Slump Curbs Demand for Burgers

Nike Will Halt Orders With Some Asian Factories as It Streamlines Sourcing

New York Times Co. Makes Boston Globe Cuts as Newspaper Drags Down Revenue

North Korea Places Missile on Pad for Satellite Launch, U.S. Official Says

Japan Military Plans to Shoot Down North Korean Missile, Nikkei Reports

[edit on 3/25/2009 by Hx3_1963]

posted on Mar, 25 2009 @ 01:08 PM
reply to post by SLAYER69

Hi Slayer,

That's the problem "pumping money into the global Economy" doesnt work.

History has proven this. It will lead to Hyperinfation, where it takes a wheel barrel full of money to buy a loaf of bread.

I wont be surprised if several make bank runs today.

The stock market was way up but took a sharp turn down today. Very volatile !


posted on Mar, 25 2009 @ 07:04 PM
Schwarzenegger Opens California Fairgrounds to Homeless Camp

California seen struggling through this year: forecast
Soros: G20 a "make or break" event for markets

UPDATE 1-Don't withdraw stimulus too soon - IMF official

Fed officials say U.S. recovery faces roadblocks

Geithner rescue package `robbery of the American people`

Treasuries Fall on Supply Concern as Seven-Year Sale Looms

US backing for world currency stuns markets

China calls for the reign of the dollar to end

Obama to tell bankers "we're all in the same boat"

FBI Feels Strain From Glut Of Fraud Cases

Bond spreads create new bank crisis barometer

Bank of America, Wells Fargo Ratings Cut by Moody’s (Update1)

Controversial AIG unit sees more departures: source

AIG aircraft unit says may need more financing

U.S. bill seeks to rescue faltering newspapers

IBM to cut 5,000 jobs in U.S.

U.S. to blame for much of Mexico violence: Clinton

REFILE-UPDATE 3-Canada budget officer sees more gloom than gov't

UPDATE 1-Mexico Feb exports plunge 30 pct on US recession

NYC Subway Adopts 25 Percent Fare Hike

The Great Recession

Michigan jobless rate reaches 12%
It's time to call a halt, Prime Minister

City alarm as Treasury fails to sell Government gilts

G20 to be most expensive police operation in British history

Obama drops British meetings amid security concerns html

G20: Australia lobbies for China to play greater role in IMF

G20: Strikes planned against Canary Wharf and BT Tower


IBM Layoff Update -5,000
and how interesting....
IBM Transfering USA Jobs To India

Old Second National Bank -62
Exterran -150
Kellogg's Cuts Production Workers
Greka Energy -30
CA Unemployment Forecast 12%
Halliburton Planning More Cuts
Moosehead Brewery -13
Canadian Broadcasting Corp. -800
BFG Industries Cutting Heads
Columbus Components Group -135
LM Glasfiber -725 Charlotte Transit System -10
Visual Resumes Pick Up Steam
Craftex Mills Closing Plant -80
RainSweet Closing Onion Plant -120
Semitool Inc. Layoffs Coming -520
Atlanta Journal-Constitution -93
Appalachian State U. Cuts 200 Classes
Android Industries May Close -250
Synovus Financial -200
Syracuse NY Schools -70
Alienware Closing 2 Plants
HSBC In UK -1,200
Lyon County NV -17
Arbitron Inc. -110
St. Vincent Infirmary -200
Hernando County Schools -200
Western Assets -100
Puyallup Schools -160
Post-Star Newspaper -11

Flint Contemplates Shutting Down Some Neighborhoods
ANN ARBOR, MI (2009-03-18)

Nearly a third of the homes in Flint have been abandoned. Some Flint officials say it's time to consider shutting down parts of the shrinking city. Interim Mayor Mike Brown said last week the city might have to consider shutting down depopulated neighborhoods. His spokesperson later stressed the remark was hypothetical. But Dan Kildee says it's time to seriously consider it. He runs the County Land Bank, which tears down blighted houses in Flint. Kildee says the city just can't afford to provide public services for its large, underpopulated footprint. sustainable part of Flint.

Flint MI May Close 8 Schools

TOTAL - 10,000+

[edit on 3/25/2009 by Hx3_1963]

posted on Mar, 26 2009 @ 09:09 AM
Headlines for March 26th 2009

Open letter / London G20 Summit: Last chance before global geopolitical dislocation

Police warn of 'unprecedented' threat to London from over 2,000 G20 protesters

Gordon Brown told to expect 'spicy' G20

G20 summit: Lula da Silva throws his weight behind a new fiscal stimulus

Fears of unrest in eastern Europe grow as Czech government collapses

Violent class war must be condemned, not understood

DeAnne Julius warns recession could last five years

Schwarzenegger Promises To Help Tent City

Economy: Worst in 26 years

Jobless Rolls in U.S. Jump to Record 5.56 Million in Week; New Claims Rise

U.S. Economy Shrank 6.3% in Fourth Quarter as Profits Fell Most Since 1953

Obama sees more U.S. job losses, "difficult" year

New Plans To Overhaul Finance Regulations

Geithner Says U.S. Needs `New Rules of Game' to Avert Another Bank Crisis

Geithner plans super-regulator to curb Wall St

Fed's Lacker: may be tough to exit Fed stimulus

Senator sets bar for more bailout money

Roubini Says U.S. Stocks Will Drop, Government Will Nationalize More Banks

Renewed Call For Congress To Read Bills

Citigroup May Manage $5 Billion in U.S. Aid to Auto-Parts Manufacturers

GM Said to Persuade More Than 6,000 UAW Workers to Take Carmaker's Buyout

GM says 12 percent of UAW workers take buyouts

EU Risks Paralysis as Czech Government Collapse Snarls Lisbon Treaty Bid

Merkel Says NATO Leaders Must Begin Strategy Overhaul at April 3-4 Summit

G20 Summit Marks `End of Unilateralism,' U.K.'s Miliband Tells Corriere

ECB May Extend Length of Loans to Banks, Buy Private Debt, Papademos Says

Brown `Terribly Fragile' as Auction Failure Further Tarnishes Reputation

Brown's G20 vision of morality is threatened aze.html

Darling Signals in Parliament He May Limit Further Fiscal Stimulus in U.K.

Retail Sales Fall Four Times Faster Than Predicted as Jobless Lines Grow

Retail sales at 13-year low

New Zealand Current Account Gap Widens to Record $9 Billion on Recession

Russia May Swap Sovereign Bonds for Bank Stocks for Non-Cash Capital Boost

Bank of Japan's Tankan Survey May Tumble to a 30-Year Low on Export Crash

Corporate Service Prices Fall Most in Seven Years as Recession Deepens

French Consumer Confidence Remains Near Record Low on Worries About Jobs

Consumer, Business Confidence Drop in Germany, Italy as Recession Deepens

Italian Economy Will Contract 3.5%; Debt to Rise, Confindustria Forecasts

Berlusconi Tells Unemployed to `Find Something to Do,' Corriere Reports

Monte Paschi May Seek $2.7 Billion in Government Aid, People Familiar Say

UPDATE 2-Irish economy plunges deeper into recession in Q4

UPDATE 2-Fortis Bank Nederland posts record Dutch loss

WestLB Plans to Put Itself Up for Auction After Crisis Stalls Merger Talks

Lithuania Should Turn to IMF for Bailout Loan, Morgan Stanley's Weeks Says

Serbia Agrees With International Monetary Fund on 3 Billion-Euro Bailout

Romania Will Get 11.8 Billion Euros of IMF, EU's Bailout Money This Year

Colombia's Economic Growth Rate May Dive to 1% as Factories, Exports Stall

Brazil's Unemployment Rate Rose to 10-Month High of 8.5 Percent Last Month

Ukraine, Ecuador seek import restrictions at WTO

Power Market to Shrink in Europe for First Time Since Enron as Banks Exit

Agilent to cut 2,700 jobs, warns of revenue drop

Heidelberger Druck Will Cut Up to 2,500 More Jobs to Double Cost Savings

Washington Post to offer new buyouts in '09

New York Times lays off staff, seeks pay cuts

Google to cut 200 jobs from sales force

Osaka World Trade Center Goes Bankrupt as Governor Hashimoto's Plan Fails

Clinton: Mexico Violence Could "Mushroom"

Protesters surround Thai govt. headquarters

French boss barricaded in office by employees

Two former generals indicted for plot to overthrow Turkish government

In a slump, camping comes into vogue

Entire English village on sale for $33 million

[edit on 3/26/2009 by Hx3_1963]

posted on Mar, 26 2009 @ 08:14 PM
US backing for world currency stuns markets

City Unemployment Rate Reaches 8.1%

Dear A.I.G., I Quit!

A Letter From Inside AIG: "The Entire US System Is Committing Suicide"

AIG execs in Europe resist returning bonuses: source

Thur 3-26-2009

Northern Arizona University -45
Google -200
NY Times -100
Clifford Chance Cuts Again -24
Trinity Industries Idles 2 Plants -156
Trane Co. -80
Blender Magazine Shuts Down -30
Belmont County Sheriff's Dept. -68
Fairchild Semiconductor Closing 2 Plants
Disney Update/Estimate -450
Cooper Standard Automotive -650
Agilent Technologies -2,700
Burton Snowboards -5%
Flint Journal -82
Graphic Packaging Corp. -30
Law Firms: Dechert -125/Edwards -60
Noranda Zinc Plant -45
United Way Kentucky -4
Pajaro Valley Schools -222
Lafarge SA -130
Oshkosh School Teachers -39
Heidelberger Druckmaschinen -2,500
Ownens Corning Selkirk Plant -60
Beaufort County NC -12
Toledo OH Police -75
Williams County OH Deputies -7
Jackson Hughston Hospital -70
Boston Schools -500
Timken Canada -140
Backyard Adventures Closing TX Plant -75
Sandvik Closing USA Plant -90
Fayetteville Publishing -18
Disney Theme Park Layoffs
City of Lakeville MN -9
Children's Farm Home -9
ESCO Turbine Technologies -32
New Hampshire Public TV -5
Bakersfield CA Newspaper -26
IBM Layoff Update -5,000
Tulare County Govt. -11

TOTAL 11,600 - approx -

*not including - these two items -

*6,000 GM UAW Workers Take Buyout
*Michigan Factory Jobs 12 Months -112,000

[edit on 3/26/2009 by Hx3_1963]

posted on Mar, 27 2009 @ 12:50 AM
Headlines for March 27th 2009

U.N. On World Economy: Nix The Dollar

U.S. economy shrinks, profits plunge in Q4

Consumer spending fades in February h

Obama's economic remedies may face pushback at G20

Obama to meet bank CEOs to discuss economic crisis

Fed's Plosser: Economic outlook "pretty ugly"

UPDATE 1-U.S. OTS says acting chief replaced pending review

Brown says UK must not rule out action to boost growth

Gordon Brown promises to be 'cautious' with Britain's finances

Deflation stalks Japan, resentment rises before G20

IBM criticized for job cuts, outsourcing

Johnson Controls to cut more jobs, close 10 plants

UPDATE 1-Pursuit Dynamics to stop Brooklands plant, cut jobs

JPMorgan delays contributions to certain 401(K) plans-source

Las Vegas project considers bankruptcy: report

UK economy slows sharper than expected as construction slumps

U.S. Official: Mexico Not Near Collapse

N. Korea Warns Against Rocket Criticism

U.S. ships on move as N. Korea launch nears

G20 Summit: Tens of thousands of protesters expected to rally in London

G20 summit: Protesters using Twitter and Google to be monitored by Police

G20 Summit: university professor suspended over bankers 'hanging from lampposts' comment ent.html

UPDATE 3-Australia rejects China bid for OZ Minerals

[edit on 3/27/2009 by Hx3_1963]

posted on Mar, 27 2009 @ 01:05 AM
I thought this was an interesting take
on the real unemployment statistics -

posted on Mar, 27 2009 @ 01:19 AM
reply to post by Hx3_1963
Wrong on all counts.

U.S. unemployment today is 8.3%, in 1980 it was 12.5%, in '32 it was 25%.

Although 4th qtr. GDP in the U.S. was down significantly, it was still up for FY2008 overall. Obama projects 3% growth in FY2009.

!980-81 and 1991 recessions were deeper than current retraction.

25,000 banks failed in 1932, 15,000 failed in '80s recession. Last year saw much fewer, and the pace is lessening so far this year.

Not a depression by any outrageous stretch of the imagination.

Just because Obama's administration cries "CRISIS" (BHO's, Kissinger's, Emanuel's and Clinton's favorite 'opportunity') does not make it so.

The crisis mentality is a means of diversion so BHO can run his socialist/leftist ideologies through Congress and feed them to his electorate before they realize "they been had."

See "Crisis" thread:

edit: spellcheck not = grammar check.

Deny Ignorance!


[edit on 27-3-2009 by jdub297]

[edit on 27-3-2009 by jdub297]

posted on Mar, 27 2009 @ 07:42 AM
reply to post by spinkyboo
Star 4 U!

Thanks fer stopping by and sharing!

U-6 Unemployment Rate Was 14.8% in February

[edit on 3/27/2009 by Hx3_1963]

posted on Mar, 27 2009 @ 07:46 AM
reply to post by jdub297
Star 4 U!

Opposing view points are welcomed!

I don't write this stuff...only pass it along for all to evaluate...

...And make their own informed opinions...

IMF stated this...not me...

[edit on 3/27/2009 by Hx3_1963]

posted on Mar, 27 2009 @ 08:27 AM
G-20 Won't Discuss Need for New Reserve Currency, Japanese Official Says

Aso Says Europe, China Should Do More to Help International Monetary Fund

China Chastises West on Stimulus in Leadership Bid Before G-20 Gathering

UK GDP suffers worst quarterly fall for 30 years

OECD Economies to Contract 4.2% Amid `Jobs Crisis,' Gurria Says in Report

More States See Double-Digit Unemployment

Consumer-Spending Growth in U.S. Slows as Rising Prices Erode Buying Power

Consumer Sentiment in U.S. Holds Near Three-Decade Low as Job Losses Mount

U.S. Treasury investigating thrift regulators

GOP, Experts Doubt Financial Overhaul Plan

New Auto Aid To Hinge On "Drastic" Change

Goldman Sachs’s Cohen Predicts More Bad News on Banks (Update1)

Bank of Ireland to fight to stay independent

Alaska's Stock Loss Grows to $1.5 Billion as Palin Moves to Tap Oil Funds

UPDATE 1-Charter Communications files for bankruptcy

Construction Bank's Fourth-Quarter Profit Drops 30% as Bad Loans Increased

East Star Airlines Liquidated in China Amid Mounting Debt, Xinhua Reports

Baoshan Steel 2008 Net Income Declines 49% on Prices Drop, Falling Demand

New Zealand's Economy Shrank 0.9% Last Quarter as Housing Market Unraveled

Australian Hedge Fund Dumps its Founder Wallace After Shares Slump by 95%

Russian Bank-Loan Defaults Would Be Signal to `Attack' Ruble, BOA-ML Says

Baltic Bust Sows `Panic' Among Entrepreneurs in Europe's Worst Economies

Lithuanian Retail Sales Plunged in February on Deeper Economic Recession

India Will Need More Stimulus Measures to Maintain Growth, Ahluwalia Says

France's Economy Contracted Most in Three Decades in the Fourth Quarter

French 2009 Welfare Deficit to Rise to $24 Billion, Woerth Tells Tribune

Billionaire Flowers Quits Hypo Real Estate Board as Germany Mulls Seizure

Inflation Slows More Than Forecast to 10-Year Low After Recession Deepens

Praktiker Sees Signs of `Consumer Reticence', Prepared For Sales Slowdown

Air France-KLM Slumps to Full-Year Loss and Predicts Another for Next Year

Italian Industrial Orders, Sales Show Record Fall in January on Recession

Monte Paschi to Ask for $2.6 Billion of State Aid From Italian Government

Ontario Cuts Business, Personal Taxes as Deficit Soar to Record This Year

Canada Subprime Lenders Seek Government Help to Finance Debt, Globe Says

Aracruz Posts Quarterly Loss of 2.98 Billion Reais After Derivatives Loss

Cyrela Net Income Falls as Weak Brazilian Economy Crimps Demand for Homes

Silverstein Asked to Put Up Cash to Get NYC World Trade Center Guarantees

London Protesters Threaten Bankers as Police Prepare for G-20 Onslaught, Evoke 1649 Execution of King Charles I

Japan Prepares `Destruction Order' in Case North Korea Launches Missile

[edit on 3/27/2009 by Hx3_1963]

posted on Mar, 27 2009 @ 01:02 PM
U.N.'s Ban says slump may lead to political crisis

UPDATE 1-NY Gov: state nears "life threatening" budget cuts

New York May Increase Taxes on Higher-Income Earners as Budget Gap Widens

UPDATE 1-Moody's says MTA financial woes may threaten rating

NY eases drug laws, sees annual savings of $250 mln

Emerging from U.S. bankruptcy gets even tougher

Bankers told keep low profile as public anger rises

Bank stress tests could broadly hurt corporate debt

Geithner's Toxic-Asset Plan on Slow Track as Securities Values Deteriorate

G20 summit: mend banks before stimulus, says IMF

UPDATE 3-Bank of Ireland investors approve state bailout

FSA sets scene for banking crackdown

Roche Debt Rating Cut to A2 by Moody's Following Acquisition of Genentech

CORRECTED - UPDATE 1-BofA says CEO does not want bank functions split

UPDATE 1-Union, Chrysler Canada "far apart" on labor deal

GM has given new offer to bondholders-source

UPDATE 1-GM offers UAW $10 bln in prefered stock

Wal-Mart closing optical lab, 650 jobs affected

Disney U.S. parks cutting jobs, seeking efficiencies

RPT-TABLE-US Feb industrial output revised to -1.5 pct

UPDATE 1-MGM makes payment to keep CityCenter

Gordon Brown's journey into disaster

G20 summit: What to expect

G20 summit: Fears that anarchists plan to hijack march

Britain, Chile urge fresh G20 ideas to beat crisis

Indonesia, Malaysia, Thailand Support China's Call for a Global Currency

G-20 Working Group Urges Leaders to Take `System-Wide' Regulatory Approach

Euro in biggest one-day loss vs dollar in 2 months

Canada's January Surplus Narrows to $30 Million as Corporate Taxes Decline

Mexico's Peso Falls After Reports Show Deepening European Economic Slump

Brazil's real slumps 2 pct on global downturn

Crisis, elections may kindle Chile labor strife

Standard Bank Falls for Second Day After Breaking South African Credit Law

Sales of Luxury Watches Will Stall in China During Crisis, Hengdeli Says

Shanghai Sweats as U.S. Races Against Clock to Finance World Expo Pavilion

Australian Hedge Fund Dumps its Founder Wallace After Shares Slump by 95%

Commerzbank Says It's Impossible to Make Reliable 2009 Earnings Forecast

Swiss Government Calls on Nation to Tone Down Anti-German Rhetoric on Tax

Nigeria's Debt-Rating Outlook Cut to Negative by S&P as Oil Prices Slide

UPDATE 1-Meningitis kills over 1,100 West Africans - WHO

Diamond Sales in Botswana to Drop by Half as Prices Fall on Economic Slump

Georgian Opposition Vows to Rally Until Saakashvili Resigns

[edit on 3/27/2009 by Hx3_1963]

posted on Mar, 27 2009 @ 04:48 PM
Banks Lose $836 Million in First Derivatives Loss (Update1)

Regulator "blessed" backdating at OTS: official

Chrysler plant funding dispute aired with Geithner

Double-digit unemployment rates are un-American

Commercial Real Estate: The Outlook Is Frightening

California Says Stimulus Money Not Enough to Trump $1.8 Billion Tax Boost

London echoes of 1933 in G20 summit

Mexico Global Economic Indicator Falls More-Than-Expected 9.5% in January

Venezuela's Unregulated Currency Market Locks Up Amid U.S. Criminal Probe


Gibson, Dunn and Crutcher -36
Topeka Metal Specialties -18
Shilo Industries -87
City of Antioch -20
Liberty Aerospace -14
Standard Ethanol LLC -24
Lionsgate -45
Pratt and Whitney -1,500
Daily Herald -24
Walmart Closes Optical Lab -650
Tyson Closing Lunch Meat Plant -580
Nautilus -40
Ft. Wayne Foundry -226
City of Milwaukee -1,400
Pitts. Post-Gazette Furloughs -167
SC Naval Museum -11
City of Jackson MI -18
Disney World -800
University of Alabama System -1,000
University of Florida -140
Impinj RFID Co. -23
Perhaps this will put the
Aleris In Indiana Closing Plant -50
Warren City Police -20
Snowline School District -19
Guilford County NC Schools -90
Alcoa Empolyees Last Day -450
Univ. Of N. Carolina Greensboro -100

TOTAL - In the 7,000+ range

also -

The Weekly Layoff Report: Double-Digit Days
Klaus Kneale, 03.27.09, 06:27 PM EDT

More than 9,000 jobs were cut at America's biggest companies this week.

-excusssseeeee me - can we please include even the little companies -
We saw 9,000 cut in one day - A little BS to go with your breakfast...

Layoffs are causing tension everywhere now. The manager of a 3M plant in France was held hostage by angry workers for more than a day this week after it was announced that 110 of the 235 employees at the plant would be let go.

According to U.S. Department of Labor data released Friday, seven states are now enduring double-digit unemployment. In California, Michigan, Nevada, North Carolina, Oregon, Rhode Island and South Carolina between 10.1% and 12% are out of work. (Highlights of the week's activity are recorded by the Layoff Tracker, which counts the layoffs at all the nation's 500 largest corporations.)

Johnson Controls Update Closing 10 Plants
Jobs Lost In FL During Feb. -75,000
Connecticut Last Month - 14,300
Expedia Layoffs
Paper Converting Machine Co. Furloughs
Merck Layoff Rumors

[edit on 3/28/2009 by Hx3_1963]

posted on Mar, 28 2009 @ 11:36 AM
Headlines for March 28th 2009

George Soros, the man who broke the Bank, sees a global meltdown

Obama's Gregg Miscalculation

London March Launches Week of G20 Protests

EXCLUSIVE: United Nations Power Grab?

Obama Team Poised to Help Fight Global Warming Abroad

Bangkok's Anti-Government Protests to Stay 'Indefinitely'

PREVIEW-US auto sales seen plunging again in March

[edit on 3/28/2009 by Hx3_1963]

posted on Mar, 28 2009 @ 11:37 AM

Originally posted by Hx3_1963
Headlines for March 28th 2009

George Soros, the man who broke the Bank, sees a global meltdown

I posted that on the other thread, I though it was definately relevant.

posted on Mar, 28 2009 @ 01:55 PM
Not a fan of the NY times -
But here's a tent city slide show that begins to put things into perspective...

new topics

top topics

<< 5  6  7    9  10  11 >>

log in