POSTED BY Eiko IN The Economy ON Aug 24, 2010 | 0 comments

Home Sales Plunge 27% in July

Inventory of unsold homes jumps to 11-year high WASHINGTON (MarketWatch) — The sale of existing U.S. homes sank 27.2% in July — the biggest one-month drop ever...

POSTED BY Eiko IN The Economy ON Aug 17, 2010 | 1 comment

Wal-Mart U.S. Sales Weak

Wal-Mart profit up but U.S. sales weak CHICAGO (Reuters) – Wal-Mart Stores Inc (WMT.N) posted a higher quarterly profit, helped by cost cuts and growth in international...

POSTED BY Eiko IN The Economy ON Aug 16, 2010 | 0 comments

The Worst Case Scenario

Since the economy began sliding downhill in late 2007, mainstream economic and market experts have consistently erred on the sunny side. As late as June 2008, mainstream...

POSTED BY Eiko IN The Economy ON Aug 16, 2010 | 0 comments

Attack On Iran Imminent?

Is an Attack On Iran Imminent? If So, Then What? By Greg Hunter, USAWatchdog.com A story that came out on Friday the 13thhas ominous implications for the Middle East and the...

POSTED BY Eiko IN The Economy ON Aug 11, 2010 | 0 comments

Take Food, Pay Teachers

Democrats, Advocacy Groups Blast Cuts to Food Stamps to Fund $26B Aid Bill Some House Democrats and advocacy groups are getting squeamish about the move to fund the $26...

POSTED BY Eiko IN The Economy ON Aug 8, 2010 | 0 comments

Push for a Global Currency

The New Push for a Global Currency, By Lew Rockwell You surely didn’t think that the governing elites would let this economic crisis pass without pushing some...

POSTED BY Eiko IN The Economy ON Aug 6, 2010 | 0 comments

Systemic Collapse… In Months?...

When Fed Chairman Ben Bernanke admits to seeing an “unusually uncertain” economy ahead, it’s pretty terrifying to imagine what he’s really thinking....

POSTED BY Eiko IN The Economy ON Aug 5, 2010 | 0 comments

Social Security In The Red

Social Security in the red this year Social Security will pay out more this year than it gets in payroll taxes, marking the first time since the program will be in the red...

POSTED BY Eiko IN The Economy ON Aug 5, 2010 | 0 comments

America’s Coming Pension Crisis

22 Statistics About America’s Coming Pension Crisis That Will Make You Lose Sleep At Night As the first of the 80 million Baby Boomers have begun to retire, it has become...

POSTED BY Eiko IN The Economy ON Aug 2, 2010 | 0 comments

Philadelphia Firehouse Closures

Rolling Firehouse Closures Begin In The City The city has started temporarily closing fire stations in order to balance its budget. The rolling “brownouts” began...