Jobless benefits start ending on Sunday

http://money.cnn.com/
Most Americans look for our various governments both local and federal to take care of our basic societal requirements. We expect them to take care of and plan for the common defense, we expect them to maintain and run a road and highway system, a public school system, a postal system. Heck we even expect […]

One in Three Detroit Homes Vacant

From: www.clickondetroit.com
“The Detroit Data Collaborative on Saturday released the results of the block-by-block survey of Detroit’s about 343,850 residential parcels. It found about 64 percent contained occupied housing.”
This is an amazing statistic.
Clayton

Several States With High Unemployment Are Outsourcing Food Stamp Services to India

States with over 10% unemployment that are routing their food stamp calls to India while Americans are out of work include: Florida, West Virginia, Tennessee, Rhode Island, and of course Michigan among others. Who is behind this stupidity? Why it is JP Morgan of course. You know, one of those “too big to fail” banks […]

Food Prices Summary for February, 2010 – No Serious Rise

I wanted to do my own check on inflation of food prices. So I went through all my cash register receipts for the last 20 months and summarized it based on 15 items I buy regularly. This includes such foodstuffs as eggs (large), flour, sugar, bread and so on. I buy all of these goods […]

Send a Letter to Reauthorize Federal Benefits before they Expire in February 2010

Current federal extensions (including both the Emergency Unemployment Compensation and Extended Benefits programs), the additional $25 per week in everyone’s benefits check, and COBRA subsidies for jobless workers are set to expire at the end of February 2010. With so many jobs lost, and periods of unemployment lasting nearly seven months, it’s crucial that Congress […]

The Baltic Dry Index has collapsed by 40% over the last 10 weeks

The Baltic Dry Index has collapsed by 40% over the last 10 weeks. This is an index showing international shipments by sea. A second index showing US rail transports is also dropping. Both of these indexes are good leading indicators of economic activity.
“The Baltic Dry Index as well as US Railroad Freight demand is weakening, […]

Somewhere Over the Rainbow

I think it is time for me to post something uplifting again. “Over the Rainbow” happens to be my favorite song of all time. Nobody does it better than Israel “Iz” Kaʻanoʻi Kamakawiwoʻole (May 20, 1959 – June 26, 1997). Enjoy.

Clayton

U.S. May Lose 824,000 Jobs as Employment Data Revised: Analysis

This is huge news for the uninitiated. If you read sites like www.shadowstats.com though you would already know that the unemployment rates are much higher than what the government has been telling us.
Bloomberg Press
Clayton