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Tuesday, December 23, 2008

Tuesday - December 23, 2008 - Hard Times in the Florida Keys, Evangelicism Packs 'Em In As Economy Sours, Madoff Related Suicides, Housing Sales Fall

Helicopter and boat used to rescue stranded motorists on city street flooded by huge broken water main in Bethesda, Maryland today




Layoffs: World's largest casino in Macau, owned by Las Vegas Sands, lets 500 workers go

Median Home prices drop record 13.2% year over year . . . the largest drop since the Great Depression


Head of Access International Advisors Hedge Fund Invested in Madoff Said to Commit Suicide in New York City

HSBC Banker's nude body found hanging in London is an apparent suicide who might have had ties to Madoff Ponzi Scheme

Hard Times in the Florida Keys

A new construction nightmare comes to light in Southeast, Florida: Chinese Dry Wall.

Nearing the First 100 Days of the TARP: Three Major Trends that will Crush the 2009 Marketplace: Bank Hoarding, Resilient States now Being Dragged Down, and Losing Focus.

Chicago man survives 125 foot fall after crashing on an overpass, being ejected from his car, and flying over a guardrail onto railroad yard below.

Madonna embraces Jesus . . . . the photographer

NYC homeless numbers hit 25 year high

The rate of modified home loans re-defaulting is rising ever faster

"2009 will be the toughest year of this downturn," said Jack McCabe, a Deerfield, Florida-based real estate consultant. "It will exceed anything we've seen in 2008. There will be many more business failures, and unemployment will reach 10 percent statewide."

Saving Capitalism No Sure Thing as Statism Undermines Economy

Reeling South Carolina City of Columbia Is a Snapshot of Our Economic Woes

November Housing Sales in U.S. Probably Fell to Nine-Year Low


Super model "Face of Asia", Sahar Daftary, dies in tragic fall from 12th floor of ex-beau's London apartment

Krugman says we are in for months, maybe even another year, of Economic Hell . . . and then he answers, "...but what comes next?"

Parents of 127 Schoolchildren Killed in China Quake Confirm Lawsuit

Deflation in UK Economy speeds up

Putin says the era of cheap natural gas is coming to an end

Australian hedge fund loses billions and halts redemptions after losing over 99% of its worth. Shares now trading at 4.7 cents a share.

Mish: Consumer demand for nearly everything plungesConservative radio ready to go on the offensive now that Dems are in control of the White House

Newspaper ignores putting its stories on the web and thrives

Foreign car makers in the US are cutting back, postponing plants, and hoping the Economy turns around soon

Snow, freezing rain and sleet Tuesday in the Midwest could delay holiday travelers in sunny South Florida.

Where the jobs are: Careers in nuclear power offer good pay, benefits

The IRS says Ausaf Umar Siddiqui, a vice president of Fry Electronics chain, cut side deals with some suppliers that netted him more than $65 million.

Holiday travelers are stranded in bus terminals, train stations, airports, and highways by winter storms

Unions sue Schwarzenegger over mandatory days off

Afghan Taliban member and "narco-terrorist" sentenced to life in prison by a US Court yesterday












In God They Trust: The Evangelical Business is Booming during the Recession

China calls for return of 17 Guantanamo Bay inmates. In a "Say what" move, US officials explain they worry the Chinese will torture the prisoners if they are sent back to China

President Karzai of Afghanistan attends funeral for 3 Aghans killed in US raids, asks for investigation

Shoplifting arrests soar all across America as the Economy worsens

Where's the bank bailout money?

States federal money as more down on their luck people seek Medicaid

Clinton Administration lawyer pleads guilty to child porn charge in San Diego court yesterday

Catching up with "the Last House Standing" in Gilchrist, Texas




(Photo #8 out of 40 for Part 2 of 2008 the Year in Photos)
Alan Taylor's "Big Picture Blog" Gives Us Part 2 of 2008 the Year in Photos

4 comments:

Anonymous said...

I wonder if Madoff feels guilty about the two men who committed suicide? Nah, Madoff has been ripping off investors for decades. I hope he rots in prison.

Anonymous said...

Wal-Mart is run like something out of an old Upton Sinclair novel.

I still shop there, but only out of necessity. At least they keep many of my neighbors employed during these bad economic times.

Still, when Wal-Mart came to town, they killed off all the mom and pop businesses I used to love going into.

Today, everything is a franchise or chain store.

The best hardware store we ever had was killed off by Home Depot.

Anonymous said...

at least those people who got caught in the flood in the DC area will give struggling car dealers some business. how many cars were destroyed? any idea?

Anonymous said...

I just saw the Rush video in the newer post today. This photo of him here, is that a long turd hanging out of his mouth?

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