The economic hits keep on coming: Retail sales plunged by the largest amount on record in October as the financial crisis and the slumping economy caused consumers to sharply cut back on their spending. The Commerce Department said Friday that retail sales fell by 2.8 percent last month, surpassing the old mark of a 2.65 […]
There’s problems in paradise according to Ben Smith: Even as John McCain and Sarah Palin scramble to close the gap in the final days of the 2008 election, stirrings of a Palin insurgency are complicating the campaign’s already-tense internal dynamics. Four Republicans close to Palin said she has decided increasingly to disregard the advice of […]
When you complain about paying $4.00+ a gallon for gas and can’t afford health care, food, the mortgage or vacations, you are being “mental” and “whining”. That according to McCain’s economic guru, and one of the key players in this mortgage crisis (as well as husband of someone closely tied to the Enron scandal), Phil […]
This should make all the people suffering feel better: The White House said on Friday that it was disappointed in the biggest monthly decline in nearly five years in U.S. job payrolls and that the current quarter would be difficult for the U.S. economy. “This quarter’s going to be a difficult quarter for the U.S. […]
The carnage continues: Bomb blasts ripped through two popular pet markets in Baghdad on Friday, killing 72 people in the deadliest attacks in the city in six months and dealing a bitter blow to Iraqi hopes that security is getting better. I would really like to see some numbers of the violence lately. Yes there […]
With the news of global markets sinking today, expect our stock market to go down when it re-opens from the holiday tomorrow: If futures contracts traded on a day when U.S. stocks weren’t even due to open are anything near accurate, then markets will be in for a major decline on Tuesday, with concerns about […]
Look at this progress: The portion of Baghdad in which Iraqi security forces are in control with minimal help from the American military has grown only slightly in recent months, to just over 8 percent. That occurred despite an overall decline in insurgent violence in the capital, a senior U.S. commander said Friday. Gee thanks […]
What are you doing reading this blog? You should have your computer off and conserve energy. Actually Earth Day is a hoax. We should dedicate more than a day to our planet. That means everyday should be Earth Day. I will be gone most of the day enjoying in a nice bike trek through a […]
Hi folks. This is my first post here. I’m from the UK so maybe some of this won’t relate to you. This is something I posted on another blog site a couple of weeks ago. “IN THE NEWS” Former cabinet colleague and foreign secretary attacks Tony Blair’s stance in Israel and the Middle East. Considering […]
After a rash of apparently “good news” it looks as though the economic-monster has hit. There is now speculation that the housing bubble has finally burst: WASHINGTON – Sales of new homes plunged in November by the largest amount in nearly 12 years, providing the most dramatic evidence yet that the red hot housing market […]