economy

Posted Mon, 03/08/2010 - 18:20 by chuck

Recession cutback city - Even the rich people are doing it!

Posted Sat, 07/24/2010 - 00:21 by naomi_O

Recession cutback city - Even the rich people are doing it!

Wealthy people have been doing the spending with the economy needing to be stimulated. Even those who have many money have quit spending money casually, reports the New York Times. The American economy has come deadly close to halting as noted by the Federal Reserve. Another stimulus could possibly be around the corner with the economy getting any worse.

Wealthy spend, jobs created

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Majority of U.S. Jobs Now Filled by Women

Posted Sun, 04/25/2010 - 22:55 by chuck

One of the great blessings of my semi-charmed kinda' life (love that song!) is the Atlantic subscription my dear Grammy renews for me every year at Christmas. The quality of the writing reassures me that the battle is not lost; our world is not yet entirely post-literate. Hope persists. My Atlantic subscription is not an expense I could justify myself, even though it keeps me sane on some level.

Despite the bourgeois poseur tone of some articles, there is no disputing the quality. The depth of perspective is unmatched.

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Reaching Out

Posted Fri, 03/19/2010 - 10:03 by timeforchange

Have you heard of Connecting Us All – The Global Giving network? Well, this organization was designed out of necessity to structure a support system and allow people to help people no matter a person’s age, religion, gender or economic position. I am sure you’ve heard of all the situations with people losing their homes, jobs, savings and all the situations of violence here and around the world? Have you or anyone you know been effected by these situations?

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Foreclosures Reach Insane Levels

Posted Thu, 08/20/2009 - 19:12 by chuck

To think, 500 million mortgage payments of $2000 could have been made with the TARP bailout money.

Yeah, I did the math three times -- once in my head, once with a calculator, and once on paper just to be sure. We gave them enough to make not 500,000 $2000 mortgage payments. Not 5,000,000. Not 50,000,000. 500,000,000 payments of $2000 is one trillion dollars, which is less than what we gave the banksters.

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U.S. Jobs Picture Catastrophic

Posted Fri, 12/05/2008 - 15:02 by chuck

David Leonhardt noticed the right thing. Maybe there is hope that the mass-market media will wake up one day and realize that its not doing its job is kind of a bad thing for its own profits and society at-large. (Actually, Leonhardt is one of the best out there when it comes to economic commentary. That explains why he writes for The New York Times while people like me are exiled to the outer bands of a far-off galaxy in cyberspace.)

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