Last Updated Stories in RECESSION

Australian Economy : Resilient or Restraint.

There is been much said about how australia has weathered the recession storm. I’m not an economist but sure living down-under I can see that compared to many countries, the effect is not as drastic. The job rate has declined but is not bad in comparison to other developed...

During recession, federal employees making 6 figures soar

USA Today in its analysis of federal salary data  reports that the number of federal workers earning six-figure salaries has exploded during the recession.     This is not likely to sit well...

Rosenberg: The Manufacturing Collapse Has Resumed

" Analyst Dave Rosenberg presents a series of enlightening charts this morning that show that for the first time in 14 months, manufacturing inventories are up across the board. The charts focus on everything from construction to defense research. While some sectors have...

Thieves put children in charity containers to steal clothes

"Children are being put through the hatches of recycling banks to steal second-hand clothing, according to charity officials in Lincolnshire. A recycling bank containing Oxfam donations at Morrisons' car park, in Wainfleet Road, Skegness, has been targeted five times since...

Journalist startled by Obama's faux pas in China

What if Obama is not FDR,  but Hoover?,   a Nation columnist asks. . .  Journalist William Greider of The Nation magazine was startled by a faux pas Obama made in China;  moreover,  he...

An Easy Last Minute Bird Baking Recipe! The Fat Holiday

My favorite turkey to memory was abut 4 years ago.  We got are hands juiced in Mayo and massaged it into an 18 pounder.  After 4 hours on 425 degrees it had a perfect brown glaze, made a nice gravy, and kept the Turkey Moist.  We were more thankful it looked...

Eurozone emerges from recession

Well more good news about the recovery from the recession but bad news concerning Britain but not that bad. " The eurozone economy has emerged from recession after growing between July and September, figures have...

‘Financial panic' over, Warren Buffet says

" Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression. “The financial panic is behind us,” said famed...

Recession: the catalyst of innovation

At the Stanford 2009 roundtable, renowned speakers seemed to agree that innovation will be the means by which the US will come out of this recession. In fact, voices were very hopeful of a recovery: We have seen...

Rent The Runway: A New Recession-Proof Way To Buy Clothes?

Rent the Runway has made Google Trends this morning, prompting me to check on what the buzz is all about. Turned out, Rent the Runway is a New York based company that rents designer clothes to women across America, delivering them right to a customer's doorstep. The clothes...

800 Microsoft Layoffs, Including Don Dodge

Microsoft has announced 800 more layoffs, on top of the layoffs already announced earlier this year. Among those layed off is Don Dodge, Microsoft's Director of Business Development for the Emerging Business Team. Don Dodge is publicly presenting a very positive attitude...

Hey let’s help save the World, whilst drinking coffee.

No I am not talking about climate change, but an acceptable New World Order. Well it’s about the money that makes this tired old world go around yes the dirty ragged dollars. Whilst the land of the free has been...

The U.S. recession is not over yet

In recent months the U.S. stock market has recovered much of the earlier losses from the financial crisis. What is more, GDP growth has been observed for the first time in a year. According to a survey this month...

USA politics makes you, your own worst enemy! Reality Check

There is a World outside your countries borders and since the last world War USA had that world mostly on a lead, through your money power and drive. However your main Achilles heel is corruption and greed that...

Hey Brother, Can You Spare $4.00 for a Gallon of Gas?

I put 10 gallons of gas in my pickup the other day. It cost me about $2.50 more than it did the week before.Not a large amount. But take that amount times the nearly 200 million drivers in the United States, and...

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