32 States Now Officially Bankrupt: $37.8 Billion Borrowed From Treasury To Fund Unemployment; CA, MI, page 1
Pages:
ATS Members have flagged this thread 7 times
Topic started on 22-5-2010 @ 03:52 PM by Jessicamsa
www.zerohedge.com...

the majority of American states are currently insolvent, and that the US Treasury has been conducting a shadow bailout of at least 32 US states. Over 60% of Americans receiving state unemployment benefits are getting these directly from the US government, as 32 states have now borrowed $37.8 billion from Uncle Sam to fund unemployment insurance.

California $6,900
Michigan 3,900
New York 3,200
Penn. 3,000
Ohio 2,300
Illinois 2,200
N.C. 2,100
Indiana 1,700
New Jersey 1,700
Florida 1,600
Wisconsin 1,400
Texas 1,000
S.C. 886
Kentucky 795
Missouri 722
Connecticut 498
Minnesota 477
Georgia 416
Nevada 397
Mass. 387
Virginia 346
Arkansas 330
Alabama 283
Colorado 253
R.I. 225
Idaho 202
Maryland 133
Kansas 88
Vermont 33
S.D. 24
Tennessee 21
Virgin Islands 13
Delaware 12


It'll get worse of course. But the government still tries to make like we're in a recovery.

I think the only real "recovery" is that the elites are 'recovering' what little assets they allowed the peons to still have and will end up owning it all.
Pages:     ^^TOP^^



Mainstream Media IGNORES Iceland Revolution
  Posted 8 days ago with 96 member flags
Nigel Farage: The EU Titanic Has Now Hit The Iceberg
  Posted 18 days ago with 26 member flags
Here Are The 5 Worst Places To Be When The Dollar Collapses
  Posted 4 days ago with 19 member flags
The Coming Canadian Housing Crash
  Posted 14 days ago with 18 member flags
What is *THE* domino you\'re waiting for, and why?
  Posted 8 days ago with 17 member flags
Google Trends - The Powers That Be should be scared
  Posted 1 days ago with 16 member flags
Greece bank run
  Posted 12 days ago with 15 member flags
25 May 2012 (the day europe collapsed)
  Posted 3 days ago with 14 member flags