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The founding document of the United States, the Declaration of Independence, states that governments derive “their just powers from the consent of the governed.” Today, however, just 21% of voters nationwide believe that the federal government enjoys the consent of the governed.
A new Rasmussen Reports national telephone survey finds that 61% disagree and say the [...]
The stock market’s moving up and some economists are declaring an end to the recession. So, why are people still so pessimistic?
A new national survey says the reality has sunk in that true financial recovery for most people won’t come soon. As a result, consumers aren’t very interested in spending money, they’ve concluded retirement is [...]
U.S. consumers will see on Thursday the first signs of the biggest overhaul of the credit card industry in at least two decades, as companies will be forced to provide customers with more time to pay their bills and be required to give more warning of contractual changes.
From August 20, credit card issuers will have [...]
U.S. consumers will see on Thursday the first signs of the biggest overhaul of the credit card industry in at least two decades, as companies will be forced to provide customers with more time to pay their bills and be required to give more warning of contractual changes.
From August 20, credit card issuers will have [...]
After a near six-month ascent, the U.S. stock market is more than likely headed for a pause as investors waited for signals to continue a rally that many now view as overdone in light of the still-shaky economy.
“We’ve had a great run here, but here’s five reasons to be concerned going into the fall,” said [...]
The best protection for anyone in these matters is to avoid debt entirely. Debt is a curse. Debt is bondage…slavery. There is no protection once you are enslaved by the Corporate State.
President Barack Obama said a new agency he proposed this week as part of an overhaul of U.S. financial regulations will protect consumers [...]
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Economists, senior government officials and ordinary consumers are all showing greater confidence in the outlook for the economy.
But three months after signs of hope emerged, the evidence of improvement still exists only in the form of glimmers. A slew of recent economic data and other news, including yesterday’s bankruptcy filing by General Motors, make clear [...]
A collapse in milk prices has wiped away the profits of dairy farmers, driving many out of business while forcing others to slaughter their herds or dump milk on the ground in protest. But nine months after prices began tumbling on the farm, consumers aren’t seeing the full benefits of the crash at the checkout [...]
The leading chains contacted the major water suppliers on Friday and placed orders far in excess of a normal bank holiday – in anticipation of shoppers panic buying.
While there are no signs of consumers behaving irrationally so far, supermarkets have learnt from past crises that shoppers tend to bulk buy bottled water, milk and tinned [...]
Plans by Internet service providers to deliver targeted adverts to consumers based on their Web searches threaten online privacy and should be opposed, the founder of the Web said Wednesday.
“I just want to know that when I click on a link it is between me and the Web, and the Internet service provider is not [...]
Each and every family should strive to become a fully functional economic unit in itself. What this family is doing is returning to the practice of becoming producers, and not simply consumers. In good times or bad, this is the best way to go…and you don’t need 40 acres to do it.
When the [...]
FDA Alerts Consumers to Recall of Certain PistachiosFDA and California Inspectors Identify Salmonella
The FDA and the California Department of Public Health (CDPH) are investigating Salmonella contamination in pistachio products sold by Setton Pistachio of Terra Bella Inc, Calif. The company has stopped all distribution of processed pistachios and will issue a voluntary recall involving approximately [...]
Ideally, the headline should read something like “Consumers decide to return to Producing”, but alas this is not the case. The sheeple are just itching to return to their consumption lifestyle…a lifestyle that is destructive and addictive.
Nearly a third of U.S. consumers feel it will be a year before their families are better off [...]
Auto sales likely hovered around 27-year lows in February as consumers mostly stayed away from buying big-ticket items, spooked by job losses, the deep recession and tight credit.
Major automakers are scheduled to announce February sales results on Tuesday.
Large dealers, auto executives and analysts have said that the sales trend last month mirrors that of January, [...]
U.S. companies, consumers and communities may grow so addicted to government financial help that cutting them off could trigger another recession soon after the current one ends.
Between the U.S. Federal Reserve’s trillions of dollars in lending programs, the $787 billion stimulus package and $700 billion — and counting — in bank bailout funds, no one [...]
Source: Truthdig
And we have few tools left to dig our way out. The manufacturing sector in the United States has been destroyed by globalization. Consumers, thanks to credit card companies and easy lines of credit, are $14 trillion in debt. The government has pledged trillions toward the crisis, most of it borrowed or printed [...]
Source: Reuters
Nissan Motor Co said it would cut 20,000 jobs and joined a growing list of automakers warning of red ink this year in what would mark its first loss since Chief Executive Carlos Ghosn took the reins a decade ago.
The spreading global recession has put consumers off buying expensive goods and even if they [...]
Source: washingtonpost.com
The federal government has invested almost $200 billion in U.S. banks over the last three months to spark new lending to consumers and businesses.
So far, it hasn’t worked. Lending has declined, and banks that got government money on average have reduced lending more sharply than banks that didn’t.
Consider the case of Bethesda’s EagleBank, which [...]
Source: Reuters
The economy shrank at its fastest pace in nearly 27 years in the fourth quarter, government data showed on Friday, sinking deeper into recession as consumers and business cut spending.
In a report that showed a broad-based contraction nearly across all sectors, the Commerce Department said gross domestic product, which measures total goods and services [...]
Source: Reuters
The economy shrank at its fastest pace in nearly 27 years in the fourth quarter, government data showed on Friday, sinking deeper into recession as consumers and business cut spending.
In a report that showed a broad-based contraction nearly across all sectors, the Commerce Department said gross domestic product, which measures total goods and services [...]
Source: Reuters
The economy shrank at its fastest pace in nearly 27 years in the fourth quarter, government data showed on Friday, sinking deeper into recession as consumers and business cut spending.
In a report that showed a broad-based contraction nearly across all sectors, the Commerce Department said gross domestic product, which measures total goods and services [...]
Source: Reuters
WASHINGTON (Reuters) – U.S. consumers cut spending for a fifth straight month during November and their incomes shrank, according to a government report on Wednesday that pointed to deepening recessionary pressures.
The Commerce Department said spending contracted by 0.6 percent after falling even more steeply by 1 percent in October. Incomes contracted by 0.2 percent [...]
Source: Reuters
In the coming months, mental health experts expect a rise in theft, depression, drug use, anxiety and even violence as consumers confront a harsh new reality and must live within diminished means.
“People start seeing their economic situation change, and it stimulates a sort of survival panic,” said Gaetano Vaccaro, deputy clinical director of Moonview [...]
Source: Reuters
The “nasty” U.S. recession will tighten its grip next year as unemployment rises and weak home and stock prices imperil consumers, finance firms and debt-laden businesses, a UCLA Anderson Forecast report released on Thursday said.
Additionally, a sustained retreat in prices for goods and services is a very real possibility that would further drag on [...]
Source: WSJ.com
The number of consumers with delinquent mortgages is poised to almost double by the end of next year, hitting its highest level in at least 16 years, according to a leading credit bureau.
TransUnion LLC, which analyzed about 27 million consumer records in its database, predicted that the proportion of consumers with mortgages that are [...]
Source: washingtonpost.com
Fueled by rising unemployment and food prices, the number of Americans on food stamps is poised to exceed 30 million for the first time this month, surpassing the historic high set in 2005 after Hurricane Katrina.
The figures will put the spotlight on hunger when Congress begins deliberations on a new economic stimulus package, said [...]
Via: USATODAY.com
Is it possible to clean green? Is it necessary to give up Mr. Clean to be green?If you’re not sure, that may explain the surge in books, magazine articles and websites explaining how you can clean and “detox” your home without chemicals found in familiar cleaning products such as Mr. Clean.
But the [...]
Competition Bureau sees red over false green claims
Competition Bureau sees red over false green claimsSarah Schmidt , Canwest News ServicePublished: Thursday, June 19, 2008
OTTAWA – Consumers weary of environmental claims about products can soon expect more straight talk from manufacturers when the Competition Bureau releases tougher standards for green marketing pitches.
As early as next [...]
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Supplies against Swine Flu These are some supplies you should consider acquiring, wherever you can obtain them from, but you should act quickly because I suspect they will be going fast.
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