U.S. Food Prices ‘Spiraling Out of Control’: U.S. food prices jumped by 2.4 percent in March 2010 in the largest monthly leap in more than 26 years, and the sixth consecutive monthly increase. Food-stamp tally nears 40 million, sets record: The Agriculture Department said 39.68 million people, or 1 in 8 Americans, were enrolled for food stamps during February, an increase of 260,000 from January. USDA updated its figures on Wednesday. Unemployment rate rises to 9.9%: Some 800,000 workers reentered the job market last month. Many of them did not find jobs, so the unemployment rate increased from 9.7 to 9.9 percent. Broader U-6 Unemployment Rate Increases to 17.1% in April: The U.S. jobless rate rose to 9.9% in April, the first increase in three months, but the government’s broader measure of unemployment ticked up for the third month in a row, rising 0.2 percentage point to 17.1%. Unemployment insurance system is in crisis: A record 20 million Americans collected unemployment benefits last year, and twenty-six states have run out of funds and been forced to borrow from the federal government, raise taxes, or cut benefits.
Saturday, 8 May 2010
Talking With Chalmers Johnson
By HARRY KREISLER
“Blowback” is a CIA term that means retaliation, or payback. It was first used in the after-action report on our first clandestine overthrow of a foreign government, the overthrow of Mossadegh in Iran in 1953. Continue
By Tony Bonsignore
Protestors argue that they are being made to pay for a crisis they did not cause, and which wealthy speculators are still profiting from. Continue
By Gus Lubin
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