(TheIntelHub) – A few months ago NotForSale interviewed a whistleblower from inside the Evergreen Air Facility. For those who do not know Evergreen Air is a CIA front company for chemtrail operations within the United States, weapons and arms dealing, drug running and rendition tortures. The whistleblower known as KrisH provided the Intel Hub staff with documentation to prove his employment at the facility located in Pinal County Airpark in Arizona Continue reading
(HuffingtonPost) – The Democratic proposal includes increased money for border patrol and drug war agents, equipment, helicopters and unmanned drones. It would create a national ID — which is dubbed a “biometric social security card.” Though Democrats insist that it is not an ID card and can only be used for employment purposes.
The proposal would also include a crackdown on employers who hire undocumented workers. It works to deport some immigrants
who are not in the country legally and creates a limited …. Read More Here
(NeithercorpPress) – Winter is slowly melting away here in the U.S., and Spring will soon be upon us. Wall Street is currently flush with delight at the year long run of the stock market (driven by fiat bailouts), which at first glance appears to be doing quite well, though international incidences such as those in Dubai and Greece have revealed how shaky the market actually is in the face of any unhealthy news. In the meantime, the dollar, recently on the edge of detrimental value loss, has made a semi-miraculous recovery in the span of a few months, especially as the Euro suffers. Official employment numbers, despite the continuous loss of jobs monthly, have somehow fallen and are for the moment stabilized. Is it time for America to dust off the old credit cards and return to the wild and rollicking carefree spending days of pre-2007? Perhaps not… Continue reading
(GlobalResearch) – At first glance it appeared there was a typo in the headlines. The national media reported that, in January, another 20,000 more jobs were lost. Somehow, the unemployment rate dropped, from 10 percent to 9.7 percent. Nobody thought this paradox was worth explaining; instead, the media’s attitude was “more good news” about the economy. Continue reading
[NewswithViews.com participated in a “Bloggers Roundtable” with the Department of Defense. The following report is based on that teleconference.]
In a report released to the US Congress recently, analysts assessed what they termed “preparedness tests” between the US military and government agencies at the federal, state and local levels. Continue reading
(Global Research) – October 9, 2009 – A new low-wage industry study [Broken Laws, Unprotected Workers. Violations of Employment and Labor Laws in America’s Cities] by the Center for Urban Economic Development, theNational Employment Law Project, and the UCLA Institute for Research on Labor and Employment exposes the dark side of workforce exploitation in America’s three largest cities – New York, Los Angeles and Chicago.
“Gold continues to climb…stoked by inflation worries,” says a headline in the International Herald Tribune.
Yesterday, it touched a new record – $1,050 – even as the dollar rose, oil slumped under $70 and stocks dipped very slightly. Continue reading
The US unemployment rate reached 9.8 percent and the economy lost 263,000 jobs in September, according to figures released Friday by the Labor Department. The latest figures undermine claims of an imminent economic recovery and point to the likelihood that the US economy will remain mired in recession for the foreseeable future. Continue reading
The man who saw the meltdown coming had another troubling insight: it will happen again Continue reading
About 2.5 million Americans slipped below the poverty line as recession and layoffs hammered the economy last year, driving poverty to its highest level since 1998, the U.S. Census Bureau reported Thursday. Continue reading
The slight rebound in housing looks a lot different when one considers how much the Fed is meddling in the market. Fed chair Ben Bernanke has purchased $240 billion in US Treasuries to keep long-term interest rates artificially low while–at the same time–buying $740 billion in Fannie Mae and Freddie Mac mortgage-backed securities (MBS) to provide the financing for new home buyers. It’s the double-whammy; and that’s not all. Continue reading
(Reuters) – More than 35 million Americans received food stamps in June, up 22 percent from June 2008 and a new record as the country continued to grapple with the worst recession since the Great Depression of the 1930s. Continue reading
Here is a chart released by the government that claims to show the percentage of unemployed people in the United States as of July, 2009. It is a fictional snapshot of the actual number of unemployed and under-employed people. Continue reading
Back in the Great Depression of 1929 through the 1930’s, we saw a similar Zig-zag pattern. There was a crash in 1929, followed by a nice rally, but then the most devastating part of the market collapse followed into the 1930’s. Continue reading
The number of Americans filing new claims for jobless benefits rose by 30,000 in the week ended July 18, the Labor Department reported Thursday. The total for the week was 554,000. Continue reading
Workers laid off early in the downturn are soon to be left without the basic sustenance of an unemployment check. Continue reading
(WashTimes) – The turmoil ravaging General Motors and Chrysler generated big jumps in joblessness last month throughout the Midwest, sending Michigan’s unemployment rate above 14 percent and pushing three nearby states into double digits. Continue reading
Torture is a violation of US and international law. Yet, president George W. Bush and vice president Dick Cheney, on the basis of legally incompetent memos prepared by Justice Department officials, gave the OK to interrogators to violate US and international law. Continue reading
(Bloomberg) – The number of Americans filing first-time applications for unemployment insurance rose last week to 640,000 as forecast, while total benefit rolls reached a record, indicating the labor market continues to deteriorate. Continue reading
An Explosive Hyperinflationary Breakdown
“You’re having a vast bailout planet-wide,” Lyndon LaRouche stated today, summarily dismissing all the diversionary press chatter about bank stress tests, nationalization, profits, stock prices, lending, and so forth. Continue reading
Measuring unemployment is an art that can result in widely varied rates. Not surprisingly, the U.S. Government uses a method that excludes millions of Americans seeking employment. This lower rate is used to prove that America’s economic system is superior to those in Europe. Their higher unemployment rates are blamed on unions and socialism, which guarantee workers health care and paid vacations. The implication is that while many American workers lack such benefits, at least they have jobs. This argument is faulty since unemployment is measured differently. Continue reading
America is devolving into a third-world nation. And if we do not immediately halt our elite’s rapacious looting of the public treasury we will be left with trillions in debts, which can never be repaid, and widespread human misery which we will be helpless to ameliorate. Continue reading
A measure of underemployment that counts those people has almost doubled over the past two years, to 15.6 percent, providing a more complete gauge of the labor market’s deterioration. Continue reading
Hot on the heels of the banking crisis, the employment crisis, and the mortgage/foreclosure crisis, the country is on the verge of experiencing a credit card crisis. Continue reading
Whatever the truth is about where this economy is heading, one thing is clear: employers are taking every opportunity to slash employment and, if they are unionized, to hammer unions for pay cuts, even when there is no justification for these actions. Continue reading
The Great Depression of the 21st Century with Michel Chossudovsky. Causes and consequences of the financial meltdown; The speculative onslaught; Financial fraud and the “bank bailouts”; Bankruptcy of the real economy; Impacts on employment, wages and social services; Towards a spiralling public debt; The economic crisis and its relationship to the Middle East war; The centralization of corporate power; The concentration of wealth; The globalization of poverty. What are the policy alternatives? Continue reading
Will the Government Turn to the Printing Press?
According to the Bureau of Labor Statistics, nonfarm payroll employment declined by 3,445,000 from December 2007 through December 2008.
The collapse in employment is across the board. Continue reading
WASHINGTON (AFP) — The US private sector lost 250,000 jobs in November, the largest decline in six years, in a further indication of a tightening labor market amid recession, according to a private payrolls report Wednesday.
The job loss was again driven by the goods-producing sector, which posted its 24th consecutive monthly decline in November, the ADP National Employment Report said. Continue reading
October 16, 2008 “WSWS” – A report released Tuesday by the Working Poor Families Project reveals that more than 28 percent of American families with one or both parents employed are living in poverty.
The report, “Still Working Hard, Still Falling Short,” is based on data for the period from 2004 through 2006 gathered from the US Bureau of Labor Statistics, the US Census Bureau’s American Community Survey and the Census Bureau’s Current Population Survey. Continue reading