Hollywood, Florida is facing a $38 million budget deficit in 2012 and has voted tentatively to increase property taxes and firefighting fees. So the prospect of its redevelopment arm writing off a $1.7 million loan for a Holocaust center is creating some consternation. In 2005, the city gave the center a $50,000 grant for roof repairs, and in 2007 forgave another $500,000 loan for renovations.
DEPRESSION
Submitted by andie531 on Sun, 2011-07-17 23:10
Max Keiser and co-host, Stacy Herbert, report on financial melt-through and bad actors. In the second half of the show, Max talks to David Morgan of Silver-Investor.com about Utah's new gold and silver legislation and Gresham's Law.
Submitted by Sullivan on Wed, 2011-06-15 07:12
Come March, Ford Motor Co. — not Uncle Sam — will cut checks averaging $5,000 for thousands of workers at its Claycomo plant. That’s the reward for a work force that contributed to producing Ford’s best annual profit in 11 years after surviving perhaps the U.S. auto industry’s darkest period...Despite the big profit for the year, Ford’s stock dropped 13.4 percent Friday. Its fourth-quarter profit of $190 million was less than Wall Street had been expecting...
Submitted by andie531 on Sat, 2011-01-29 19:16
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Nov 21st 2010 will surely go down as the darkest day in Ireland's history since the foundation of the State. In this clip, Taoiseach Brian 'Biffo' Cowen sells Ireland down the toilet to Europe and the IMF.
May this day be permanently tattooed on Fianna Fail and everyone associated with them.
May they forever hang their greedy pig-ignorant heads in shame, and may our great country soon be free of these parasites we have been blighted with.
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Submitted by Sullivan on Wed, 2010-12-08 00:07
Even though Wall Street is swimming in cash and the Obama administration is declaring that "the recession is over", the U.S. unemployment rate has gone even higher.
The most optimistic economists are projecting that we can perhaps get the unemployment rate down to around 8 percent by 2012. On the other hand, there are many economists that are convinced that things are going to get even worse...
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Submitted by Aletho News on Sun, 2010-12-05 22:42
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I want anyone who’s got a joke on the tip of their tongue about ‘monopoly money’ to put it out of their mind. Printing your own local community currency is a perfectly legitimate thing to do—you can’t make your own local coins but bills are legal, at least in the US—and can be a great way to encourage shopping at local businesses. It doesn’t replace federal printed currency, but augments it by getting people to make the practical and symbolic gesture of supporting local businesses before national chains.
Think it’s tough to get started, to convince businesses to accept the currency and for people to attach value to it, you may be right. But here are a few examples of places which have taken their local monetary system into their own hands:
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Submitted by andie531 on Wed, 2010-11-10 18:17
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On Saturday, an estimated 2,700 rightists marched through Tokyo’s main shopping district, decrying the government’s perceived weakness in the dispute with Beijing and calling for Chinese and Koreans to leave Japan. Several smaller anti-Chinese and anti-foreigner marches took place again Sunday...“If you are not tough enough to stand up for Japan, get out of Japan! We need to fight against China!” a member of the extremist Zaitokukai movement shouted through a bullhorn...Another marcher switched targets... “Throw illegal immigrants into Tokyo Bay!” he yelled to loud cheers from his fellow marchers...
With unemployment at a historic high of over 5 per cent – a number that understates the problem since many Japanese have given up looking for work altogether – the newly homeless now fill the country’s parks and Internet cafés. Twenty-three per cent of Tokyo schoolchildren will rely on government aid for things such as school supplies this year. Depression stalks the country and 26,500 people committed suicide in 2009.
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Submitted by andie531 on Sun, 2010-10-10 07:19
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While the economically battered nation last year saw historical increases in families living in poverty and without health insurance, Nebraska’s rates dropped over that same time, the Census Bureau said Thursday.
In the midst of the Great Recession, the poverty rate in the United States increased from 13.2 percent to 14.3 percent — 43.6 million people — in 2009. It was the biggest one-year increase in almost 30 years and the highest rate since 1994. The ranks of U.S. working-age poor climbed to the highest level since the 1960s.
However, the Nebraska poverty rate dropped from 10.6 percent to 9.9 percent. Iowa, conversely, mirrored the national trend, with a sizable poverty increase from 9.5 percent to 10.7 percent.
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Submitted by andie531 on Sat, 2010-09-18 16:22
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An informative documentary aired last night (August 23) on one of Australia's premier current affairs programs, ABC's Four Corners, documenting the origins of the GFC and the probable, if not inevitable, future of the world economy.
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Submitted by Crimes of Zion on Tue, 2010-08-24 06:58
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The US may be in a depression, but don't let that stop you from considering it for your next vacation. In the meantime, the US sends billions to Israel, enabling illegal settlers to live in comparative luxury.
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Submitted by andie531 on Sun, 2010-08-22 19:47
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Ellen joins Daryl Bradford Smith in a discussion of the situation. Food for thought and a review of the essential facts. Ellen recently published a piece on the successful, but short-lived, state sponsored Commonwealth Bank of Australia. Nationalized and/or State owned banks are garlic to the parasites.
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Submitted by Fester on Thu, 2010-08-12 04:58
In Santa Monica, it is now illegal (and punishable by six months jail time) to engage in any of the following behaviors: Washing your hair in a public restroom; Sleeping on the beach or in parks during the day; Sleeping in a car; Shaving in a public restroom; “Aggressive” panhandling. The definition for “aggressive” involves all verbalizations requesting assistance. Signs are still legal. The 9th circuit court of appeals upheld laws in Santa Monica which prohibited public feedings...A major proponent of these new laws is Councilman Bobby Shriver, brother to Maria Shriver, who is the wife of Governor Arnold Schwarzenegger. It was Shriver whom I first heard drop the phrase, “quality of life crimes.”
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Submitted by andie531 on Fri, 2010-08-06 20:48
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The number of new jobless claims filed last week in the United States rose by 37,000, surprising forecasters who had predicted a much lower rise.
Submitted by Sullivan on Thu, 2010-07-22 18:20
The Financial Con Of The Decade Explained So Simply Even A Congressman Will Get It
Submitted by Tyler Durden on 07/10/2010
Sometimes, when chasing the bouncing ball of fraud and corruption on a daily b
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Submitted by Fester on Sun, 2010-07-11 16:14
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Leading City experts have started raising the prospect of "Great Depression II" amid worries that the European economic crisis could trigger a deeper bout of chaos.
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Submitted by Sullivan on Mon, 2010-05-24 06:59
A fine, fine show from The French Connection. Warren Buffet plays Ken Lay. Major media start uttering truths. Big potential gold scam in the wings. Do tune in. The previous show with Ognir is also worth foll
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Submitted by Fester on Thu, 2010-05-20 04:24
1. Joe has returned from his absence does a solo show.
+ New job, no joke, really, I actually have a job now.
+ Umunu has been under severe DDOS attacks and hacking attempts.
+ No guests, because he has a lot to get off of his chest about everything that has happened since the last show.
2. Some of the topics discussed include:
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Submitted by joeblow on Sat, 2010-05-15 19:56
How many do you need?
Submitted by Sullivan on Mon, 2010-05-03 09:51
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This is the first in a series of entries comparing the situation in the U.S. with RECENT historical events in Argentina. It will serve to forewarn the readers in "first world" countries that it can, indeed, happen to them.
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Submitted by pandora on Tue, 2010-04-27 14:31
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EU Countries sinking into Depression.
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Submitted by Sullivan on Sat, 2010-04-17 10:18
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Looks like Israel is the only country that will be in good shape once the crash really starts.
Need a job?
Below, please find the job application form for the Mossad.
Submitted by andie531 on Fri, 2010-03-05 07:56
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Submitted by andie531 on Thu, 2010-03-04 21:14
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Ira Stoll, anti-Semite?
Ira Stoll -- formerly of the Lipsky-era Forward, N.Y. Sun, Jerusalem Post -- is a journalistic pitbull. I've heard fans describe him as an unrelenting defender of the Jews, Israel, etc. I've heard critics dismiss him as just another neocon who cries anti-Semitism too much. And then there's the people who think both descriptions are true.
Submitted by andie531 on Thu, 2010-02-25 00:50
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Assessing the Illusion of Recovery
by Andrew Gavin Marshall
Global Research, February 22, 2010
Understanding the Nature of the Global Economic Crisis
The people have been lulled into a false sense of safety under the ruse of a perceived “economic recovery.” Unfortunately, what the majority of people think does not make it so, especially when the people making the key decisions think and act to the contrary. The sovereign debt crises that have been unfolding in the past couple years and more recently in Greece, are canaries in the coal mine for the rest of Western “civilization.” The crisis threatens to spread to Spain, Portugal and Ireland; like dominoes, one country after another will collapse into a debt and currency crisis, all the way to America.
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Submitted by Crimes of Zion on Tue, 2010-02-23 15:09
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Ismael Hossein-Zadeh, Counterpunch, 12-14 February 2010
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Submitted by Sullivan on Sat, 2010-02-13 10:40
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Greek Prime Minister George Papandreou has said he will "take any necessary measures" to reduce Greece's deficit.
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Submitted by Sullivan on Wed, 2010-02-10 22:12
Business Standard, 30 January 2010
Submitted by Sullivan on Sat, 2010-01-30 13:55
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Qrswave's ironic comment on indebted Federal government's slavish devotion
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Submitted by Nepos Libertas on Wed, 2010-01-27 22:06
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Didn't realize there was a powerpoint available. The book is a delight and can be copied for free her
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Submitted by Fester on Mon, 2010-01-18 17:31
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Disclosure: I have a new Chase checking & savings account since last autumn, and I currently receive measly $20 (mostly spent on packs of ramen noodles) a month in food stamp.