Unemployment rate by county…
Interactive graphic
Using data from the Bureau of Labor Statistics, this map shows how each county is faring in the wake of the recession. CLICK ON GRAPH
Posts Tagged ‘economy’
Greek referendum ruins bailout plans…
In the run-up to the European Debt crisis, Greece racked up plenty of debt as a member of the Euro.
When it became clear that Greece was in big trouble, other Euro countries had to help or risk contagion.
Angela Merkel of Germany forced bondholders to take a 50% haircut while Sarkozy of France went to China for some relief.
Merkel was praised for her leadership in cobbling together a bailout for the Greeks but in a twist that put global markets in turmoil, Greek PM Papandreou announced a referendum to decide whether or not to take the deal.
Merkel and Sarkozy are sure to put pressure on Papandreou to take the deal immediately. If not, Greece might find itself out of the Euro.
Gerald Celente – The banks are ripping off everybody and not one head rolls…
Gerald Celente - The Regular Guys – 24 Oct 2011 : there is no saving the system not as long as they continue the policies that they do …the whole system is corrupt from top to bottom , Gaddafi was hot o Condoleza Rice , what it all boils down to regarding the protests is just a lot of angry people as the system is rigged , the big guys can get away with everything that’s what makes people angry explains Gerald Celente , these banks are ripping off everybody not one head rolls.
Kerry Lutz Exclusive Interview with Darryl R. Schoon 10-5-11
Occupy Wall Street Protestor on Federal Reserve…
COMMENT: Is American finally waking up? EVERYTHING this kid said is correct. EVERY GODD@MN WORD. Yet Most Americans have been asleep for too long and allowed the systematic destruction of their country to continue – while they watched Monday Night Football, or American Idol. The time is up. The complete and utter destruction of our Nation is at hand. And the politicians and bankers conspired in backrooms to make it happen. The question is now, what are WE going to do about it?
Gov’t Moves To Destroy Housing Market and Currency…
~this is a good summery of what is happening now~jude
Catherine Austin Fitts – The Slow Burn…
Catherine Austin Fitts, host of the Solari Report, responds to fears of economic collapse and describes some of the forces at work that continue to undermine the middle class, such as inflation, GAT, and the WTO. The Solari Report is a weekly live interactive briefing with commentary and guest experts that go behind the headlines to reveal what’s really happening in the global financial system…
Hard times generation: homeless kids…This is a MUST see!!
For some children, socializing and learning are being cruelly complicated by homelessness, as Scott Pelley reports from Florida, where school buses now stop at motels for children who’ve lost their homes.
Shockwave Flash
The Social Crisis in America: Pick Your Poison…
Image via Wikipedia
By Joel S. Hirschhorn
Global Research, June 6, 2011
One of the hardest truths to accept is that for most sources of pain hitting humans there seems to be nothing effective for government to do. Nowadays, those of us who do not gobble various distractions but work to stay connected to reality see two dreadful conditions. People are dying or suffering from earthquakes, tsunamis, floods, tornadoes, wildfires, hurricanes, extreme heat, huge snow storms and more.
While you may be fighting your paranoia about being victimized by foul weather the other ugly reality already devastating the lives of so many people is a dismal set of economic conditions. Contrary to all the usual lies by politicians about the economic recovery, a mountain of data shows non-delusional people that only the wealthy have escaped economic pain.
According to a recent Pew Charitable Trusts poll, 55 percent of Americans still rate the national economy as poor, and just 47 percent believe their kids will have a higher standard of living than they enjoy. If more people paid closer attention to the facts, those percentages should be more like 80 or 90 percent.
The US has recovered just 1.8 million of the nearly 9 million jobs lost in the downturn versus an average 5.3 million job gains in the same period of the 1970s and 1980s recoveries. The number of people with jobs has barely changed since June 2009 — up just 0.4 percent. Many economists say the turnaround shows no signs of generating the 300,000 to 400,000 monthly payroll additions needed to rapidly lower the unemployment rate. There are probably about 50 million Americans who are unemployed, underemployed or no longer trying to get decent jobs, or who are close relatives of them. The rise of the official unemployment rate in May, 2011 (the real level is twice as high) and a paltry new number of jobs just rubbed salt in the wound. There simply is no basis for believing that many millions of new, good jobs will be created for many years.
African Countries Develop Alternative to IMF Strategy…yeah!!!
Comments:
*Hang in there! Avoid the IMF like the plague. Try anything that worked historically before the IMF was created. That is the key.*
*Good to see countries breaking away from the foolish ideology of the IMF. Now hopefully the people will have equal input into the development. This could be a model for the USA and UK to follow.The fact that the IMF inhibits growth can be seen in the success of China.*
« Older Entries