Employers cut 533K jobs in Nov., most in 34 years

"Employers cut 533K jobs in Nov., most in 34 years Dec 5, 2008 Economy Dec 5, 3:22 PM (ET) By JEANNINE AVERSA WASHINGTON (AP) - Skittish employers slashed 533,000 jobs in November, the most in 34 years,...

Five-figure bonuses stun employees

"CHICAGO - Dave Tiderman wondered if the decimal point was in the wrong place when he opened his $35,000 company bonus. Jose Rojas saw his $10,000 check and thought, "That can't be right.""The company shared $6.6...

Savvy Homeowners Are Turning the Table on Lenders

"WASHINGTON, D.C., Nov. 18 (SEND2PRESS NEWSWIRE) — National Loan Audits (www.nationalloanaudits.com) announced today that since only a fraction of distressed homeowners needing a loan modification are getting the help they need, borrowers should obtain a Forensic Loan...

Panicked investors force Kuwaiti Stock market to close-Sellers-No buyers

"Trading on Kuwait’s stock exchange was halted yesterday by court order in a measure meant to stop a months-long slide while authorities try to find ways to reinvigorate the market. The halt to trading is the first to be announced in the Gulf even though stock markets...

Growth in oil stumbles- Oman Crude- $46.98 barrel!

"On the Dubai Mercantile Exchange, Oman crude oil closed at US$46.98 a barrel yesterday, the first time it has settled below $50 since it started trading on the exchange last year. On the New York Mercantile...

Shell Oil Company achieves 376.59 mpg in test car- 1973!

"Indianapolis (IN) - Using fully stock production gasoline engine powered vehicles, with engine modifications limited only to changes in fuel mixture and ignition timing, Shell Oil Company served host to an open...

Miami-Dade Municipalities tough out economy

" Local Government Budgets ”It’s going to be a time that we all have to buckle down and get through this,” Mayor Julio Robaina of Hialeah said at a recent budget hearing. “Our residents are not in a position to pay more. Assessments are going to go down next year...

The People's Hedge Fund up and running

"StrategeryCapital Management LLC The people's hedge fund About Strategery Strategery is a unique hedge fund. It is the largest in the world, with expected initial capital of $700 billion. It has a free and unlimited credit line should it need more. It has no fixed mandate,...

GET OUTRAGED, TAXPAYER! IMMIGRANTS GET MORE BENEFITS AT 65 THAN NATURAL BORN ...

"If the immigrant is over 65 they can apply for SSI and Medicaid and get more than (author's) mom gets for Social Security, and she worked from 1944 till 2004, only getting $791 per month because she was born in 1924 and there Is a "catch 22".   It is interesting...

Is there a Plan B?

" In 1802 Thomas Jefferson said “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and...

Abandoned Saginaw home sells for $1.75 on eBay

"Abandoned Saginaw home sells for $1.75 on eBay by Roberto Acosta | The Saginaw News Tuesday September 30, 2008, 5:14 PM The Saginaw home that hit the housing market at a cut-rate price sold for less than the...

The Case Of The “Disappeared” Minority Subprime Borrower

Minorities, the target of Subprime Loans, are now the major losers. A disaster that effects us all. See the report: "Foreclosed: State of the Dream 2008 – examines the racial bias of the subprime mortgage lending crisis, and the resulting huge wealth loss to people of color...

George Soros: Paulson cannot be allowed a blank cheque

It certainly is interesting to read what George Soros has to say about the current crisis."By George SorosPublished: FT.com September 24 2008Hank Paulson’s $700bn rescue package has run into difficulty on...

Nassim Nicholas Taleb: the prophet of boom and doom

In brief, the future will be: dollar down, commodities up, referring to gold especially; a serious chance of a US currency crisis, and weekend headlines announcing the bounce up as a recovery will be premature to say the least. According to Gann specialist Phil Anderson, "It...

Miami Dade Public Library’s Website Up for Grabs!

" Miami-Dade’s efficiency or the lack there of should be source of anger to Miami-Dade tax payers, however this one really amuses me! Miami-Dade Public Library’s domain name http://www. mdpls.org expired on 09/05/2008 somebody was asleep at the wheel. For 40 days,...

closeSign in to NowPublic

is reporting from