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  • Schwarzenegger orders government worker furloughs July 29, 2010
    "Without a budget in place that addresses our $19 billion budget deficit, every day of delay brings California closer to a fiscal meltdown," Schwarzenegger said in a statement. […]
  • Doomsday shelters making a comeback July 29, 2010
    "It's an investment in life," says Hodge, a Teamsters union representative. "I want to make sure I have a place I can take me and my family if that worst-case scenario were to happen." […]
  • Fed Beige Book Says Economy Slowing In Four Regions, Auto Sales Weakening July 29, 2010
    However, most Districts that reported on auto sales noted declines in recent weeks. Activity in residential real estate markets was sluggish in most Districts after the expiration of the April 30 deadline for the homebuyer tax credit. Commercial real estate markets, especially construction, remained weak. Banking conditions varied across the Districts, with […]
  • The Year America Dissolved 2017: By Paul Craig Roberts July 29, 2010
    The dollar had collapsed as world reserve currency in 2012 when the worsening economic depression made it clear to Washington’s creditors that the federal budget deficit was too large to be financed except by the printing of money. America’s collapse occurred when government ceased to represent the people and became the instrument of a private oligarchy. Dec […]
  • This Is Real: The White House Wants To Stimulate The Economy By Building More Cheap Housing July 29, 2010
    That's right, apparently our central planners, in their infinite wisdom have decided that what the economy is really lacking right now is more cheap housing. Here's what Rosie Rios, the US Treasurer wrote: […]

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