U.S. Economy Is In Shambles

February 23, 2010 The Vancouver Sun By Harvey Enchin It has been one year since U.S. President Barack Obama signed the $787-billion stimulus bill, the Recovery Act, to lift the U.S. out of recession, and threw an additional $50-billion lifeline to American homeowners facing foreclosure. The package was subsequently enriched and is now estimated at $862 billion, while

‘UK economy must face new world order’

This is Money | ‘Although this recession may be over – we hope – the consequences still remain. As a result, the economic environment will remain tough for some time to come.

‘UK economy must face new world order’

This is Money | ‘Although this recession may be over – we hope – the consequences still remain. As a result, the economic environment will remain tough for some time to come.

Millions of unemployed face years without jobs

The New York Times | Even as the American economy shows tentative signs of a rebound, the human toll of the recession continues to mount.

Federal Reserve Begins To Withdraw $2.2 Trillion From American Economy

Dale McFeatters Having pumped $2.2 trillion into the economy to fight the recession, the Fed must start pulling that money back.

Foreclosures Reach 315,000 in January

February 15, 2010 Google By Adrain Sainz The number of U.S. households facing foreclosure in January increased 15 percent from the same month last year, and a surge in cash-strapped homeowners who’ve fallen behind on mortgages could be on the way. More than 315,000 households received a foreclosure-related notice in January, RealtyTrac Inc. reported Thursday. That number is down

Predictions for the Next few Years

February 15, 2010 Natural News By Mike Adams Ask around and you’ll hear this over and over again: People are concerned about what might be coming. They’re concerned about a global financial collapse, an ecological crisis and potential disruptions in the food supply. The radical weather patterns now being witnessed across the world are further indication that something’s

Insiders and Neocons Plan Simulated Cyber Attack

February 12, 2010 InfoWars By Kurt Nimmo The Bipartisan Policy Center (BPC) plans to simulate a cyber attack on America’s infrastructure on February 16, 2010. Dubbed Cyber ShockWave, the simulation “will provide an unprecedented look at how the government would develop a real-time response to a large-scale cyber crisis affecting much of the nation,” according to a BPC

Rash of retirements pushes Social Security to brink

USA Today | Social Security’s annual surplus nearly evaporated in 2009 for the first time in 25 years as the recession led hundreds of thousands of workers to retire or claim disability.

Jobless Rate Falls to 9.7%; US Sheds 20,000 Jobs

February 5, 2010 Reuters The Labor Department said the economy shed 150,000 jobs in December, compared to 85,000 previously reported, but November was revised to a gain of 64,000, up from 4,000. Annual benchmark revisions to payrolls data showed the economy has purged 8.4 million jobs since the start of the recession in December 2007. * Analysts

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