Our Awful Situation

Archive for the ‘Economic Depression’ Category

Terminator: Governor plans to slash state workers’ pay

Posted by Charlie Kilo on July 24th, 2008

The govinator hits California state workers pay. Expect to see states like Michigan and Florida follow suit:

Gov. Arnold Schwarzenegger plans next week to slash the pay of more than 200,000 state workers to the federal minimum of $6.55 per hour to help ease the state’s budget crisis, according to a draft executive order obtained by The Chronicle on Wednesday.

The governor also will order an end to overtime pay for all but critical services, a freeze on state hiring and the immediate layoff of nearly 22,000 temporary, seasonal and student workers

Quotes from the great depression

Posted by Charlie Kilo on July 22nd, 2008

Economist: “America May Default On Its Debt”

Posted by Charlie Kilo on July 22nd, 2008

Jim Rogers: Fannie and Freddie … let it die!

Posted by Charlie Kilo on July 15th, 2008

Confidence Ebbs for Bank Sector and Stocks Fall

Posted by Charlie Kilo on July 15th, 2008

The Week Ahead: Heavy Turbulence

Posted by Charlie Kilo on July 13th, 2008

Second biggest bank failure…ever

Posted by Charlie Kilo on July 11th, 2008

In the eye of an economic storm

Posted by Charlie Kilo on July 11th, 2008

Personal bankruptcy up 30% nationally

Posted by Charlie Kilo on July 10th, 2008

Retail bankruptcies across the US

Posted by Charlie Kilo on July 7th, 2008

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