The Great Stimulus Debate of '09 The Pending Collapse Of The U.S.A. Economic Crisis Is Getting Bloody US in Back-channel Talks with Afghan Taliban Civil War Spreads Across North West Pakistan American Casino: Legalizing Treason As US Debt Tops $12 Trillion, Obama Calls for Austerity Satire Jobless Rate Up in 29 States, Hitting Records in 4 of Them: Joblessness rose in 29 states last month compared with 22 in September, the agency said in a monthly state breakdown. Michigan had the highest jobless rate at 15.1 percent, followed by Nevada at 13 percent and Rhode Island at 12.9 percent. California Was Among States With Record Unemployment: : Joblessness rose in 29 U.S. states last month compared with 22 in September, the Labor Department said today in Washington. Michigan had the highest jobless rate at 15.1 percent, followed by Nevada at 13 percent and Rhode Island at 12.9 percent. The worst is yet to come: Unemployed Americans should hunker down for more job losses: Think the worst is over? Wrong. Conditions in the U.S. labor markets are awful and worsening. While the official unemployment rate is already 10.2% and another 200,000 jobs were lost in October, when you include discouraged workers and partially employed workers the figure is a whopping 17.5%. Shareholders demand Goldman bonuses: Investment bank under fire again as investors protest at record bonuses of $717,000 each
"Crybabies need not apply"
By Mike Whitney
Barack Obama has decided to push the economy back into recession, and no one can figure out why. Perhaps the impressionable Obama has come under the spell of the deficit hawks and crystal gazers who see Armageddon around every corner.
By Timothy V. Gatto
The truth that most people realize but can’t openly talk about is that America has seen better days and that the system of capitalism has long outlived its usefulness. Continue
Violent Deaths Are Now Following Evictions, Foreclosures and Job Losses
By Nick Turse
Despite ever rosier economic predictions and a surging stock market, the body count from the economic crisis is destined only to grow in the weeks and months ahead. Continue
By Azaz Syed
After fighting a bloody war in Afghanistan for more than eight years, the United States appears to have undertaken a re-think of its policy and has started engaging the Taliban in negotiations through Saudi and Pakistani intelligence agencies, highly-placed sources told Dawn here on Monday. Continue
By James Cogan
The escalating violence, taking place on the dictates of Washington, can only have the most explosive political consequences. Barely 14 months after taking over the presidency, Zardari has plunged the country into a worsening civil war that has devastated the north west and is costing as much as $10 billion a year. Continue
By Mike Whitney
The truth behind the headlines, shining a light on the negligent regulators, the colluding Fed, the unscrupulous ratings agencies, the mercenary banks, the venal mortgage lenders, and the long daisy-chain of opportunists and fraudsters who gorged themselves on the spoils from the biggest swindle in history. This is this generation's big story. Continue
Are Hate Crime Laws A Threat To Liberty?
By Jeff Gates
Winning wars in the Information Age largely depends on winning the battle for public opinion. Thus the opinion-shaping role of the Anti-Defamation League (ADL) when it attacked a high profile California professor for his criticism of Israeli policy in Palestine. Continue
By Bill Van Auken
That the US debt is unsustainable is beyond question. According to the Treasury Department, Washington was compelled to pay $383 billion over the course of the last fiscal year just in interest on the public debt. Given that total revenues from individual federal income taxes amount to $904 billion, 40 cents out of every dollar paid by US taxpayers is going to service the debt.Continue
U.S. Government Stages Fake Coup To Wipe Out National Debt
Video By The Onion
Congress says that with no way to actually pay back our debts, faking a coup to eliminate financial obligations is the best plan for the U.S. economy. Continue
Tuesday, 24 November 2009
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