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The trillion dollar bailout you didn’t hear about: Commercial Real Estate

Source: mybudget360.com The latest data on existing home sales should tell you exactly where we are in this so called recovery. Average Americans are unable to purchase big ticket items without massive government subsidies. It is also the case that all the too big to fail banks are standing only because of the generous support [...]

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2 officers, 3 other people shot in NYC

Police: 2 officers, 3 other people shot in NYC – Yahoo! News http://yhoo.it/ctjECG Related posts TD Ameritrade clients unable to log in, trade Mexico anger high as US Border Patrol kills teen – Yahoo! News Yahoo Profit Tumbles 78%, Results Meet Expectations Video: Withdrawal Tax: How to Stick It to the Big Banks That Got [...]

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Collapse in Living Standards in America: More Poverty By Any Measure

Source: globalresearch.ca Collapse in Living Standards in America: More Poverty By Any Measure 15 million unemployed, homelessness has increased by 50 percent in some cities by Christine Vestal Related posts US banks warn on commercial property UK trade deficit widest since July 2008 U.S. Seeks Expanded Power to Seize Firms Treasury: US economy needs indefinite [...]

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House Passes Jobless Benefit Extension

Source: NYTimes.com The House approved legislation on Thursday that would restore unemployment pay for millions of Americans who have exhausted their standard benefits. The bill was sent to President Obama for his signature, and administration officials said Mr. Obama would sign it immediately. Related posts U.S. planning to reveal data on health of top banks [...]

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Dispiriting Data Before ‘Stress Test’ Results

Source: NYTimes.com The governments and regulators of the European Union still have a lot of work in store to shore up the reputation of their individual banking systems, as data demonstrates that weaker members are leaning on the European Central Bank like never before, The Wall Street Journal reported. The data highlights how banks in [...]

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