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Posts Tagged ‘doom’

I guess the Obama administration is trying to keep the momentum from its health care ‘victory’ going. This morning, it announced new initiatives to help troubled homeowners, with the goal (hope?) of easing the foreclosure crisis that has impacted millions of Americans. There are a few things being proposed, but the three major points seem [...]

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HAPPY WEDNESDAY: Yes, the housing crisis is still going on, bleak as ever. According the latest report by First American CoreLogic, the research firm that monitors housing equity, 11.3 million homeowners – that’s 24% of all homes with mortgages – were underwater at the end of 2009. That number is up from 10.7 million borrowers [...]

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Despite the NY Times’ and Joe Biden’s claims that OF COURSE the stimulus has been successful, MoJo (thankfully) reminds us that this is only part of the picture. According to a report by the Kirwan Institute for the Study of Race and Ethnicity, many of the employment gains from the $787 billion American Reinvestment and [...]

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JESUS H. CHRIST: A new CBS News/ New York Times poll reveals that while 58% of respondents are in favor of allowing gay men and lesbians in the military, only 44% of respondents are in favor of allowing homosexuals into the military. What this means is 14% of Americans respond favorably to the idea of [...]

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Oh looksy, the January jobless data report is out! And, just like it’s been the case for most months over the last year and a half, more jobs were lost. Something like 20,000 was it? And analysts and economists and the administration fear that economic recovery might be slower than anticipated. Again. I mean, at [...]

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An analysis of the location of poverty in the States’ largest metro areas in 2006, 2007, and 2008 reveals the following scary facts: – By 2008, suburbs were home to the largest and fastest-growing poor population in the country. Between 2000 and 2008, suburbs in the country’s largest metro areas saw their poor population grow [...]

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Those gossip-goblins of cryptic ambiguity, the Department of Homeland Security, along with the FBI, have issued their latest security bulletins nationwide, with regards to TERRORISM. Yes friends, I’m afraid The Terrorists will STRIKE everywhere AT ONCE, possibly! And soon! This much we know for sure. Stadiums, arenas, hotels, subway systems, as well as other places [...]

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DID CHINA ‘DISAPPEAR’ 10,000 OF IT’S UIGHUR POPULATION? Exiled Uighur leader Rebiya Kadeer believes Chinese police opened fire in the Muslim region of Xinjiang on July 5th, after dark, killing thousands, and she has called out the United States for its tepid response to the regional violence. [Yahoo News]

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Welfare Nation

We knew good news couldn’t last for too long . . . . . . According to our gubbment, a record 32.2 million people – that’s 1 in every 10 Americans – received food stamps at latest count (that would be January). This on top of the announcement that 663,000 job losses were reported in [...]

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Seymour Hersh is a Pulitzer Prize winning journalist who first came to prominence exposing the My Lai Massacre and cover-up during the Vietnam War. A long-standing contributor to the New Yorker, he has more recently reported on the abuse of Abu Ghraib prison detainees and U.S plans for nuclear bombing Iran off the face of [...]

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In what reads like a reproduction of the European Revolutions of 1848, Michael Klare’s sobering op-ed piece over at Salon.com discusses the rampant, violent protests and riots breaking out throughout the world, as economies collapse, governments fail, and unemployment, food shortages and social unrest rise. This is his lead: “The global economic meltdown has already [...]

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