Sunday, February 28, 2010
February 24, 2010 - Housing Will Not Recover
Bernanke delivers blunt warning on U.S. debt:
With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money to pay for the ballooning federal debt.
Recent events in Europe, where Greece and other nations with large, unsustainable deficits like the United States are having increasing trouble selling their debt to investors, show that the U.S. is vulnerable to a sudden reversal of fortunes that would force taxpayers to pay higher interest rates on the debt, Mr. Bernanke said.
http://www.washingtontimes.com/news/2010/feb/25/bernanke-delivers-warning-on-us-debt
Extended jobless benefits start ending
NEW YORK (CNNMoney.com) -- Depending on extended unemployment benefits to see you through the Great Recession?
You'd better not: The Senate failed to push back the Feb. 28 deadline to apply for this safety net.
Facebook Digg Twitter Buzz Up! Email Print Comment on this story
Starting Monday, the jobless will no longer be able to apply for federal unemployment benefits or the COBRA health insurance subsidy.
Federal unemployment benefits kick in after the basic state-funded 26 weeks of coverage expire. During the downturn, Congress has approved up to an additional 73 weeks, which it funds.
These federal benefit weeks are divided into tiers, and the jobless must apply each time they move into a new tier.
Because the Senate did not act, the jobless will now stop getting checks once they run out of their state benefits or current tier of federal benefits.
That could be devastating to the unemployed who were counting on that income. In total, more than one million people could stop getting checks next month, with nearly 5 million running out of benefits by June, according to the National Unemployment Law Project.
http://money.cnn.com/2010/02/26/news/economy/unemployment_insurance/
Video:
Housing Will Not Recover
http://www.youtube.com/watch?v=2-_FkY2y5Lg
With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money to pay for the ballooning federal debt.
Recent events in Europe, where Greece and other nations with large, unsustainable deficits like the United States are having increasing trouble selling their debt to investors, show that the U.S. is vulnerable to a sudden reversal of fortunes that would force taxpayers to pay higher interest rates on the debt, Mr. Bernanke said.
http://www.washingtontimes.com/news/2010/feb/25/bernanke-delivers-warning-on-us-debt
Extended jobless benefits start ending
NEW YORK (CNNMoney.com) -- Depending on extended unemployment benefits to see you through the Great Recession?
You'd better not: The Senate failed to push back the Feb. 28 deadline to apply for this safety net.
Facebook Digg Twitter Buzz Up! Email Print Comment on this story
Starting Monday, the jobless will no longer be able to apply for federal unemployment benefits or the COBRA health insurance subsidy.
Federal unemployment benefits kick in after the basic state-funded 26 weeks of coverage expire. During the downturn, Congress has approved up to an additional 73 weeks, which it funds.
These federal benefit weeks are divided into tiers, and the jobless must apply each time they move into a new tier.
Because the Senate did not act, the jobless will now stop getting checks once they run out of their state benefits or current tier of federal benefits.
That could be devastating to the unemployed who were counting on that income. In total, more than one million people could stop getting checks next month, with nearly 5 million running out of benefits by June, according to the National Unemployment Law Project.
http://money.cnn.com/2010/02/26/news/economy/unemployment_insurance/
Video:
Housing Will Not Recover
http://www.youtube.com/watch?v=2-_FkY2y5Lg
February 23, 2010 - Big Government
Gerald R. Ford quote - A government big enough to give you everything you want is a government big enough to take from you everything you have.
February 22, 2010 - War is an ugly business
If the people of the USA realized the true horrors of war, they would never support it, except perhaps if we were the ones getting attacked. If we really knew what it looked like, we would not support a war against a country who has never attacked us. For that matter a country who was, until 1991; our allies, as is the case with Iraq.
The media does not show the blood to the people of the USA.
Who is really in control of the media? Is it a conspiracy or is it just because if the media outlets show too many dead bodies the Coke and McDonalds corporations would pull their ads. War is an ugly business, the people of the USA do not realize that fact or even see it in the news. What we hear about is the precision laser guided bombs and how carefully we try to gain the hearts and minds of the people. That is not the complete story.
Blood and soda pop don't mix....
Warning this Video is graphic in nature as it shows real dead bodies:
http://www.youtube.com/watch?v=CuehYGXM_Og
A video edited showcasing the true horrors of the Iraq conflict which you will not see on mainstream television.
Source: http://spywitnessnews.org
The media does not show the blood to the people of the USA.
Who is really in control of the media? Is it a conspiracy or is it just because if the media outlets show too many dead bodies the Coke and McDonalds corporations would pull their ads. War is an ugly business, the people of the USA do not realize that fact or even see it in the news. What we hear about is the precision laser guided bombs and how carefully we try to gain the hearts and minds of the people. That is not the complete story.
Blood and soda pop don't mix....
Warning this Video is graphic in nature as it shows real dead bodies:
http://www.youtube.com/watch?v=CuehYGXM_Og
A video edited showcasing the true horrors of the Iraq conflict which you will not see on mainstream television.
Source: http://spywitnessnews.org
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