New Jersey Gov. Chris Christie Brags About State Layoffs VIDEO

"Gov. Chris Christie (R-NJ) proposed a budget yesterday that holds property tax rebates for seniors hostage to benefit cuts for public employees: if public sector workers don’t agree to the cuts, property tax rebates don’t go out. During an appearance on MSNBC today, ...

Fact Finder: Unemployment in London

Did rising unemployment and poverty  coincide with the start of the recession? Tom MacInnes, Research Director at the New Policy Institute, unpacks the facts and suggests that job losses, unemployment and...

Easter UK National Rail Strike: Staff Cuts Risk Passenger Safety

Travel misery is predicted over Easter as the first national rail strike in 16 years looks set to take place. The results of a ballot of railway signalmen and  maintenance workers is expected to be in favour...

A Troubling View of Post Obama America, Spring 2010

The day after the historic election of Barack Hussein Obama as the first African American President of the United States, on Wednesday, November 5, 2008, two things occurred worthy of note, mainly due to a...

Kraft Takes Over Cadburys Then Makes Job Losses

According to the BBC, there will be job losses at Cadbury after it agreed to an 11.7 billion takeover by US food giant Kraft.January 19th 2010 Kraft finally won with there last minuet bid.Cadburys has a global...

U.N. 'Climate Change' Plan 'Lunacy on Steroids'

Lunacy on steroids. That's how I might describe the United Nations "climate change" plan that is the subject of a recent Fox News article that caught my attention yesterday. After reading the article by George...

U.S. Unemployment by the Numbers: How Bad Is It Hurting?

" Reports More people are unemployed in America than live in Ohio or go to church in Texas. Unemployment statistics don’t usually leap off the page, but the latest report from the Department of Labor offers some astounding figures. More than 651,000 jobs were cut in...

Trend Alert: U.S. Has Entered “The Greatest Depression”

" Paul Joseph Watson Tuesday, March 3, 2009 Trends research analyst Gerald Celente, who has risen in prominence on the back of his deadly accurate economic predictions, says that the collapse of financial markets heralds the start of “The Greatest Depression”. In his...

Fresh evidence points to paralysis of global economy

"Data from US and Japan triggered fears that the downturn has turned into the worst slump since the 1930s! Larry Elliott, economics editor guardian.co.uk The sharpest contraction in US growth for more than a quarter of a century, a collapse in Japanese factory output and an...

Pepsi and IBM are Now More Creditworthy than the U.S. Government

" Agora Financial’s Rude Awakening notes that the U.S. Government is now considered less credit-worthy than Pepsi or IBM by the credit default swap market: "As the nearby chart indicates, the price of insuring Treasury debt against default now costs more than the price of...

Trend Alert: Global Systemic Crisis, Geopolitical Dislocation!

" By Leap2020 GEAB N°32 is available! 4th quarter 2009 – Beginning of Phase 5 of the global systemic crisis: phase of global geopolitical dislocation - Public announcement GEAB N°32 (February 16, 2009) - Back in February 2006, LEAP/E2020 estimated that the...

50 million job losses projected worldwide for 2009 - ILO

Massive job losses around the world will mark the end of the first decade of the 21st century, with the United Nations' International Labour Organization (ILO) projecting 50 million by the end of 2009. " Worldwide...

RBS to axe 2,300 UK jobs as former boss says he is 'sorry'

The Royal Bank of Scotland (RBS) are to axe 2,300 office jobs, but said there will be no branch job loses. Former RBS chief executive Sir Fred Goodwin said that he "could not be more sorry" for what had happened to...

Mandatory Minimum Wage Increases Cost Jobs

Data released by the Employment Policies Institute shows that mandatory wage hikes cause increased job losses, particularly among vulnerable groups, according to a news release today.In Missouri, for example, yet...

New Wave of Riots Expected as 100,000 Face Sack in Greece

As news comes in that 100,000 Greek workers face unemployment over and after the Christmas and New Year period the greek authorities are preparing for a new wave of riots in Athens. Bad news for the Greek...

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