Thursday, January 01, 2009

More economic troubles.


Government aid could save newspapers, spark debate...

Stocks suffer worst year since Great Depression; Financial sector down 57%...

US rescue averted 'financial collapse'...

Treasury May Provide Funds for Any Company Deemed Crucial to Auto Industry...

Piggy banks fly off shelves...

CASH CRUNCH: Many partying at home...

The Worker-Capitalist Con

Wall Street's Collapse and the Ownership Society

By PAM MARTENS

We’ve arrived at the finish line in the race to the bottom and it’s clear there are few winners: once the little fish were eaten, the big fish fed on each other (Madoff’s Ponzi scheme and assorted hedge fund frauds against the wealthy). Now the big fish have no where else to feed but at the government’s bailout trough, transferring the debt-ownership society to our children. Continue

Russia to cut gas supply to Ukraine: The CEO of Russia's state gas monopoly Gazprom has said Russia will cut off all gas supplies to Ukraine on Thursday morning.

Wall St - Worst Year Since Depression

US Mtge Rates Fall To Lowest In 30 Years

Definitive Proof BoE Saw Crisis Coming

Hmm...So Where's All The Money, Bernie?

$32B Flees Hedge Funds In November Alone

World Markets Suffer Worst Year Ever

US Housing Falls At Fastest Rate In History

Bankruptcies To Hit Record In 2009

Ukraine's Past-Due Gas Bill Worries Europe

China Blue Collar Heads Back To Farms

US Consumer Confidence Falls To All-Time Low

Home Prices In 20 Cities Drop 18% In October Alone

Holiday Sales Drop = Bankruptcies, Closings

Nikkei Slumps To Worst Year Ever

Japan Banks May Get $110B Bailout

50% UK Middle Class Fear 2009 Home Repo

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