CIT Bankruptcy, 9 U.S. Banks seized by FDIC, & Main St. Bleeds. VisionVictoryManifesto.com
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Every time they take money away from the market through taxation, they destroy a job in the market. They absolutely CANNOT create a job through taxation. It cannot be done. They count the GOVERNMENT jobs that they create but they ignore the job that they destroyed. Obama hasn't created a single job because of this. All that they can do is create more GOVERNMENT jobs......that's it.
2 years ago 4
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Last Friday US Authorities Seized 9 FAILED BANKS, the most in a single day since the financial crisis begin.
The move brought the total number of failed banks in 2009 to 115
Buuuuut the recession is over.
2 years ago 4
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Not so many have known that one of the biggest bankruptcy filing in US history was CIT filing for Bankruptcy. It was done on Sunday 1 November 2009 when people are busy with other things but was never repeated on mainstream news on other days of the week as if it never happened.
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Unemployment was worse and the market is higher.
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I have been unemployed for over a year now, but I do not count on their statistics because I am not a Citizen and I can not get any unemployment money or help from the Government.
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Can you name ONE world leader or president that NEVER lied to the people? it is about making sure people do not panic here, the economy looks dire we all know that but please allow us to grasp on to the little hope we can, even if they are a lie.
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LOL a donkey standing on a elephant
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ya i do thanks for your concern
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mitchrix31 _ sure hope that you feel better after the profanity laced tirade.
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wow i'm subscribing you are good
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In this final hour it is imperative we unite despite our differences.We must educate this upcoming generation the principles the US was founded on, Austrian principles of economics,the things that the US did wrong recently and in the last 100 years, how we have incrementally been stripped of our rights. In this upcoming generation we can take back the US or lose it. Research and teach the enviro movement and the motives behind it. This gen can be the enlightened or welfare educated. Time2unite
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Once again you are completely RIGHT.
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USAToday 11/3/09
Foreclosures on the rise in 2009
Increased 22.5% in 3/qtr 2009 vs. 3/qtr 2008
USA 937,000
California 250,000
Foreclosures are continuing at a rapid-fire pace that may accelerate in 2010, driven by rising unemployment and more adjustable-rate loans resetting to higher monthly payments.
"We'd hoped this year would be the peak as far as foreclosures, but we've since concluded it will not be," says RealtyTrac's Rick Sharga. "We should see a peak in foreclosures at the end of 2010."
dirostudios 2 years ago
thx for the info
visionvictory 2 years ago
I would not be surprised to see an uptick in the market if unemployment breaches 10%. Why? Because shedding employees means decreased costs resulting in better margins and maybe profitability. Most of the companies that have posted profits have done so by reducing costs even though sales are still falling.
pepeledog 2 years ago
Maybe when unemployment was around 5%, but now its all about the economy.
visionvictory 2 years ago
We will look forward to hearing your great news soon then!
Really appreciate you and the excellent info your providing Daniel, many thanks.
dapuma71 2 years ago
thx for the support
visionvictory 2 years ago