$9.7 Trillion Spending, Nissan cuts 20,000 jobs, Recession Immobility, Reinhardt Prediction

($9.7 trillion) U.S. Taxpayers Risk $9.7 Trillion on Bailouts as Senate Votes
-enough to pay off 90% of America's mortages
-$1,430 check to every citizen
-in the last two years, The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation have spent or lent out $3 trillion
-going to spend another $5.7 trillion
http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGq2B3XeGKok


KV Pharma to cut 700 jobs
-As of Mar. 31, 2008, it employed 1,590 employees
http://www.reuters.com/article/marketsNews/idUSBNG23547320090209


Whirlpool Quarterly Profit Falls 76%
-Quarterly sales fell 19 percent
http://www.cnbc.com/id/29096179


McDonald's Same-Store Sales Up 7.1% in January
-not a surprise, people are on a budget
http://www.cnbc.com/id/29097609


Nissan to Cut 20,000 Jobs as Carmaker Forecasts Loss
-Japans third- largest automaker
-net loss of 265 billion for fiscal year ending on March 31
http://www.bloomberg.com/apps/news?pid=20601087&sid=ap1lHrCt4.Ws&refe...


GM, Chrysler May Be Put Into Bankruptcy to Protect U.S. Loans
-Citigroup Inc., JPMorgan Chase & Co. and Goldman are top pripority creditors
(They'll get their money first)
-Federal gov. is trying to move to the top of the list
-may force GM and Chrysler into bankruptcy to get what they want.
http://www.bloomberg.com/apps/news?pid=20601087&sid=ad_m06A_gtLk&refe...


Recession limits Americans' ability to find work by moving
-people can't sell their homes
-people can't find jobs in other states
*difficult for me to leave Michigan
http://www.usatoday.com/news/nation/2009-02-08-recession-unemployment-relocat...


Swiss banks to announce massive losses: report
Two of Switzerland's largest banks, UBS and Credit Suisse will anounce that combined losses for 2008 will be 29 billion Swiss francs
http://www.breitbart.com/article.php?id=CNG.2e4e127b6b7d600dc3fa28f04b21cb9d....

Category:

News & Politics

Tags:

• spending
• bailout
• trillion
• debt
• waste
• Swiss
• banks
• moving
• Whirlpool
• The
• Federal
• Reserve
• Treasury
• Department
• Deposit
• Insurance
• Corporation
• Economy
• unemployment
• underemployment
• Layoffs
• government
• California
• Furloughs
• closing
• Obama
• Job
• Loss
• Depression
• Recession
• economic
• collapse
• Flint
• Michigan
• Ketchikan
• Alaska
• bubba008009
• george4title
• FeverIAm
• UROUTofTIME
• visionvictory
• manoftruth
• supafaith
• AirelonTrading
• davincij15
• aravoth
• TLHMax
• SafeArmsReview
• Gerald
• Celente
• GeraldCelenteChannel
• thefordshowcom

[DEMCAD]

The $9.7 trillion in pledges would be enough to send a $1,430 check to every man, woman and child alive in the world.

[BLBMZ]

As always great video. All of these job cuts, more and more everyday.....I just cant believe that people still cant see what is happening to our country. I talk to people and most dont have a clue. Sad.

[foxxx2001]

You have been jood America.

[xCASDGuyx]

Flint, MI is the 5th Most Miserable City to live in.

[TheCashistrash]

Look up agenda 21 guys and pass the word around. This mess is already causing even some of the illuminati to panic. its getting out of their control.

[jakeman614]

GO AMERICA, if your not american suck a dick!

[DJCLAYVIS]

i sincerely do appreciate you and your thoughts. i have put together a song that is starting to get MAINSTREAM RADIO AIRPLAY about INFLATION / OUR BANKRUPT NATION etc...check it out when you get a chance.

[Alcavexus]

yeah, i was looking at that today..while msnbc was talking aboiut fucking steriods.

[limitedplay]

10 tril would only be 8 grand for 100 million tax payers, i dont think that number is acc.. most morgages are way more then 8 grand, luckily i dont have one

[lostinseganet]

three more than a billion.