Economy

(MarketOracle) – China: The US Is “Insolvent and Faces Bankruptcy”

The common thought amongst even reasonably educated and economically literate Americans is that China is ‘stuck with US Treasuries’ and has no choice, so it must perform within the status quo and do as the US wishes, or face a ruinous decline in their reserve holdings of US Treasuries Read More Here

(Rense) – Audio: Jeff Rense Interviews G. Edward Griffin – The ‘Recovery’  – Download Audio Here

(Truthout) – The Silent Killing of America’s Workforce

An Interview with Patrice Woeppel on the Deadly Inadequacies of the Workers’ Compensation System Read More Here

REPOST – (DailyFinance) – The Jobless Effect: Is the Real Unemployment Rate 16.5%, 22%, or. . .?

Raghavan Mayur, president at TechnoMetrica Market Intelligence, follows unemployment data closely. So, when his survey for May revealed that 28% of the 1,000-odd households surveyed reported that at least one member was looking for a full-time job, he was flummoxed. Read More Here

(FPost) – Why isn’t the market collapsing? – Read More Here

(GlobalResearch) – Obama signs the financial reform bill: Towards a new volatile phase of economic disruptions? – Read More Here

(WSWS) – US jobless claims, housing data point to worsening economy

Reports issued Thursday on initial claims for unemployment benefits and sales of previously owned homes confirm that the US economy is slowing dramatically. Read More Here

(MichiganCapitolConfidential) – The Art of the Ann Arbor City Budget

The debate in Ann Arbor, where firefighters are being laid off due to a multimillion dollar budget deficit, is over an $850,000 piece of art. Read More Here

Climategate

(Politico) – Democrats pull plug on climate bill

Senate Democrats pulled the plug on climate legislation Thursday, pushing the issue off into an uncertain future ahead of midterm elections where President Barack Obama’s party is girding for a drubbing. Read More Here

Video

(CharlieVLog) – Video: AMERICA WAKE UP !! –

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2 thoughts on “Economy

  1. How true, how sad. I know first hand. My electronics services company of 20 years has gone from over 1000 active customers in 2000 to only 60 active customers in 2010. Companies are fleeing this country. Here is waht a customer wrote to me today. “Lam, I still deal with PCB and PCBA’s but all in Asia I do not need any PCB services at this time locally.

  2. In addition, my company used to employ 35 people & provided full medical insurance. We did not need an Obama medical plan or mandate. Now I have no employees & no medical insurance. Thank you Mr. Clinton for Free Trade and NAFTA. Thank you Mr. Bush for not doing anything about this mistake. Thank you Mr. Obama for going back on your promise and not implementing NAFTA Reform.

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