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Monday, February 23, 2009

Monday - February 23, 2009 - BBC: "Is the U.S. Heading For A Depression?" Microsoft Bungles Severance Pay, Banking On The Brink, When Cats Wake Up

Jim Kunstler's latest: "The Abyss Stares Back"

Forced Back into the Jobs Market: The percentage of people 65 and older who are in the work force rose to 16.8% at year end, from 11.9% a decade earlier

Dealers, dreamers see gold in California housing bust

Soros sees no bottom for world financial "collapse"

Oil rises above $40, Citi stake report supports

India's Reliance Industries will soon acquire clean storages in the U.S. East Coast and Gulf Coast to sell huge volumes of fuel

Nigerian security forces repelled an attack by gunmen on an oil terminal operated by Italy's Agip in the Niger Delta late on Saturday


BBC asks: "Is the United States heading for a Depression?"

This will be the year of bankruptcy

Microsoft Readies Vista Update

More Customers Give Up the Cellphone Contract

Paul Volcker: “I don’t remember any time, maybe even in the Great Depression , when things went down quite so fast, quite so uniformly around the world.”

When Consumers Cut Back: A Lesson From Japan

President Obama's administration will take a hard look at the nation's Top 20 banks to see if they can weather a worsening Economic downturn

Paul Krugman: Banking On The Brink

Landlords become the slaves to tenants




Citigroup in talks with the Feds: U.S. Taxpayers might end up owning 40% Citigroup stock

Microsoft bungles severance pay, asks for money back from laid off employees

TMZ Responds to LAPD Internal Investigation on Battered Rihanna Photo

Farewell e-mails become an art form in this age of pink slips. Some are funny, some are sad -- and some are just plain furious

Homeowners are taking their onerous mortgage lenders to court to forestall Foreclosures

Philadelphia newspaper's owner files for Bankruptcy protection for 3 papers

Amazing Filtered Things answers the question in a pictorial, "What happens if I wake up a cat?"

Sales jump at Goodwill Stores

Schwarzenegger defends his raising of taxes and his support of the Stimulus plan

How Peter Schiff would fix America's financial crisis
The Internet groundswell to get Peter Schiff to run against Senator Chris Dodd

Six excellent charts clearly showing the correlation between unemployment and home prices

Let Housing find its Clearing Price

Falling home prices are the solution . . . not the problem

Utility Analyst Gives Us 4 Utility Stocks With Safe Dividends On Bloomberg

Bush turns down job as a "greeter" at a local hardware store
Massive manhunt for two prisoners who escaped Greek prison by helicopter (video + article)

A return to "PRUDENCE": British PM to "ban" 100% LTV mortgages (short video)

Bomb blast in Cairo kills French teenager and injures 20, mostly tourists

"Slumdog Millionaire" takes top picture honors at the Oscars

Republican's Hate/Love relationship with President Obama's just passed Stimulus package

Dollar, Yen Weaken on Speculation U.S. to Raise Citigroup Stake

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