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Some impeccable logic from Vice President Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
From Greg C.: Foreclosures at record high in first half 2009 despite aid
Frequent content contributor Karen H. sent the following items:
Port of Long Beach imports down 28.4%
Foreclosures rise 15% in the first half of 2009
Dem health RX a Poi$on Pill in NY - Terrifying 57% Tax looms for biggest earners.
Social Security spends $700,000 on Phoenix Conference
Industrial Production down 13.6%
Map of Hardest Hit Regions of Unemployment in the U.K.
CIT moving toward bankruptcy.
Verleger Sees $20 Oil this Year on ‘Devastating’ Glut "Crude oil will collapse to $20 a barrel this year as the recession takes a deeper toll on fuel demand, according to academic and former U.S. government adviser Philip Verleger."
Items from The Economatrix:s
Food Prices Falling on US Stores The five latest failures: Bank of Wyoming Failed (#53), First Piedmont Bank (#54), BankFirst (#55), Vinyard Bank (#56), and Temecula Valley Bank (#57). Gee, and we've been told that Wyoming was one of the states hurt the least by the recession... Bankruptcy Filings Up 33% Over Past 12 Months
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