Friday, June 05, 2009

More economic issues


White House Set to Appoint a 'Pay Czar'...

UPDATE: MANY STATES FACE WORSENING FISCAL CRISES...
FAA Proposal Would Close 20 Weather Offices...


OBAMA FACES TENSIONS WITH GERMAN GOVERNMENT...

1 of every 6 dollars of Americans' income is government check or voucher...
MICROSOFT to move jobs overseas if Obama tax plan goes through...

GOLDMAN sees new energy crunch; Oil at $85...

BARREL HITS NEW '09 HIGH...

Illiteracy in High Places

Forgetting What We Learned

By Paul Craig Roberts

The hubris is extraordinary. A bankrupt government that has to send its Treasury Secretary begging to China thinks it can spend limitless amounts in a futile effort to control the culture, mores, and political system of distant Afghanistan. Continue

U.S. Inflation to Approach Zimbabwe Level, Faber Says : The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.

Bankruptcy filings rise to 6,000 a day as job losses take toll: Consumer and commercial bankruptcy filings are on pace to reach a stunning 1.5 million this year, according to a report from Automated Access to Court Electronic Records.

Medical bills underlie 60 percent of U.S. bankrupts: study: More than 75 percent of these bankrupt families had health insurance but still were overwhelmed by their medical debts, the team at Harvard Law School, Harvard Medical School and Ohio University reported in the American Journal of Medicine.

War On Recession - Fail, Fail, Fail

Boom Times Are Back - Outside The US

Royal Canadian Mint Can Find Missing Gold

Latvian Debt Crisis Shakes Eastern Europe

EU Provides ¤19B To Tackle Unemployment

World's Airlines Face Grim Financial Future

FDIC Stall Sales Of Toxic Loans

Banks Should Pay For Own Bailouts

Bernanke Warns On Deficit

Barclays Pensions Scrapped

Indiana Tries To Block Fiat Buyout Of Chrysler

Those 'Greeen Shoots' Are Just Tumbleweed

Draft Emergency Action Program For California

Panzner - Holes In The China Recovery Story

Roberts - As The Dollar Falls Off The Cliff...

Fed's AIG Role May Be GAO First Target

Ron Paul's Audit The Fed Bill Neutered

Banks Run The Country

A Myth Concerning Gold Confiscation

3 Huge US Missteps In GM, Chrysler Bailouts

Geithner Says China Backs US Stimulus

Sens Grill GM, Chrysler Execs Re Dumped Dealers

KKR Plunges To $1.2 Billion Loss

Citi To Halt Executive Severance Payments

Bank Of England's Medicine Is Not Working



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