Long-Term Unemployed Now 46 Percent Of Unemployed,
Highest Percentage On Record
By JEANNINE AVERSA
The proportion of people jobless for six months or more has accelerated in the past year and now makes up 46 percent of the unemployed. That's the highest percentage on records dating to 1948. By late summer or early fall, they are expected to make up half of all jobless Americans. Continue
By Fred Branfman
What is it like, I found myself thinking, to know more than any other human being on Earth about the state-sponsored lies to which Americans are so constantly subjected? What is it like to so feel in your bones, hour after hour, day after day, the pain of millions of “unpeople” suffering hunger, poverty and death caused by U.S. elites who today also threaten both their own nation and all humanity? Continue
Democracy For Sale: Wealthy businesswomen win California Republican races: Whitman has put the governor's race on track to be the most expensive contest in U.S. history outside a presidential election, spending some $80 million in the primary and donating $91 million to herself
U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day : “President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output “That will be a big burden on the government and the people.”
Senate weakens bid to tax Wall Street like rest of us: Senate Democrats Tuesday weakened efforts to end a controversial Wall Street tax break, watering down a bid to raise taxes on managers of hedge funds, private-equity funds, venture capital firms and other business partnerships.
Banking System Collapse: Wake Up America Your Banks Are Dying: U.S. banks are being shut down by federal regulators at a staggering pace this year, and yet most Americans seem completely oblivious to it
The Housing Non-Recovery: Fourteen percent of America’s 56 million mortgages are already delinquent or in foreclosure. That means that 7.8 million people right now are not paying their mortgages. 7.8 million homeowners have been delinquent for 30, 60 or 90 days…or are in foreclosure already. 91% of the people who are currently not paying are never going to get back to current, according to recent statistics
Posts
