In Search of Morale
Are Americans Too Broken for the Truth to Set Us Free?
By Bruce E. Levine
What forces have created a demoralized, passive, disCouraged U.S. population? Can anything be done to turn this around? Continue
Pay cut for two million Britons causes collapse in tax revenue: Almost two million Britons have accepted pay cuts or reduced hours to stave off unemployment, causing government income tax receipts to collapse by almost one fifth.
Obama’s Financiers Okay Extra $60 Billion for Pentagon: For those of you who hoped — or worried — that the Obama administration would mean a big cut to defense spending, think again.
Six Banks Fail, Costing FDIC $2.6 Billion: After a brief holiday respite, bank failure Friday came back with a vengeance yesterday. The FDIC and its fellow regulators closed six institutions, bringing the total to 130 for the year.
Bankruptcy Filings up 100 Percent from 2007: Americans Financially Unable to Meet Current Debt Payments. 85 Percent of Chapter 7 Filings are Classified as No-Assets.
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