great recession

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  • Dont Worry About Todays Retirees: Boomers Are Fine, (but Gen X Isnt)


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    Filed under: Retirement Plans , Saving Alamy By NIN-HAI TSENG When the nations financial system almost crashed back in 2008, its easy to see why anyone approaching retirement would have panicked. They saw their lifelong savings plummet as home and stock prices spiraled. For 60-somethings, it seemed there ...
    2 days ago
  • Question Of The Day: How Did America Arrive At Its Great Recession?


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      The cause of America’s Great Recession of December, 2007 is still unknown. The cause may well have been plural in nature. Multiple events may have been needed to bring down the world’s greatest economy. Multiple events would make the cause of America’s 2007 great recession more difficult to identify, ...
    1 week ago
  • AT ANY PRICE: The Tale of GMO Seed


    The Donnybrook Writing AcademyAuthority Authority: 127
    Not to mention a bad James Dean impression Ramin Bahrani’s fourth feature At Any Price sees the former indie wunderkind grappling with a Hollywood movie starring Dennis Quaid and everyone’s favorite brooding James-Dean-In-Training Zac Efron. The movie looks into the world of big-stakes Iowa corporate ...
    1 week ago
  • USA: Employers looking for ‘Seasoned’ Management Talent


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    …companies are aggressively pursuing professionals sixty-five and older for leadership and mentoring roles. Seasoned executives usually have a wealth of experience; have a worldview, and a “gravitas that their younger counterparts lack… I enjoy writing and sharing ‘ good news’   articles with my ...
    2 weeks ago
  • Bloodlands: What Happens When Nations Go Mad


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    I have been pondering the fate of Someone Else’s War—I believe it will be part of a trilogy—and so not posting further chapters while I sorted out my thoughts. Instead, I decided to read a book I have wanted to, if you can apply “long wanted to read” about Timothy Snyder’s Bloodlands: Europe Between Hitler ...
    2 weeks ago
  • Less than 100 CA school districts are in dicey financial condition


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    May 7,2013: Joel Montero, at left, of the Bakersfield-based Fiscal Crisis and Management Assistance Team, told an Assembly budget subcommittee today that the number of districts in distress is half what it was a few years ago, when the state was routinely "deferring" billions of dollars in aid to local districts ...
    2 weeks ago
  • The horrid state of economy for low-educated young people


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    Pell City 2007 HS graduation; Flick/kwsanders While parts of the economy have rebounded since the Great Recession of 2008, the effects have been much worse for the poor , and especially the less-educated young Americans, and those not fortunate enough to graduate from college. Since 2008, the housing market has ...
    2 weeks ago
  • The Ugly Leadership Horsefly in the Record DJIA Economic Ointment


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    The Dow Jones Industrial Average (DJIA) jumped to record levels - over 15,000 - today after a favorable U.S. jobs report showed 165K new jobs and a drop in unemployment to 7.5%.  Politicians, economists, business leaders and investors were buoyed by economic improvements and the hope for further growth.  A ...
    2 weeks ago
  • Hunterdon, Somerset and Warren County Real Estate How Housing Is Leading Us Out of the Great Recession


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    Hunterdon, Somerset and Warren County Real Estate How Housing Is Leading Us Out of the Great Recession Read More → The post Hunterdon, Somerset and Warren County Real Estate How Housing Is... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
    3 weeks ago
  • Countering the Right: Robert J. Samuelson on Entitlement and the Washington Post on Defense Cuts


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    Two articles appeared recently in the Washington Post that deserve rebuttals as to their slanted positions on certain issues.  The first is an op-ed by Robert J. Samuelson titled “The End of Entitlement”.  He argues we have reached a point where we are no longer entitled to the things in life we previously ...
    3 weeks ago
  • Obama’s Presidency A Real Negative For Black Progress In USA


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    Barack Obama pretending to be a white guy, Daniel Day-Lewis, playing  Barack Obama. Not so much of a stretch really. Obama is awfully damned  white, in fact conservative white establishment, when you think about it.  Maybe that’s progress. Or maybe that’s a betrayal by a pol who figured  (rightly) that the ...
    3 weeks ago
  • Fixing Sequestration (for the rich only)


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    Once again, Congress has demonstrated that it notices mostly what affects rich people and cant quite identify with ordinary Americans.  And that it will not pass either spending laws or tax laws (which include a wealth of spending laws through the tax expenditure mechanism) that equitably deal with the ...
    3 weeks ago
  • The Great Stock Market Swindle


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    Watch The Retirement Gamble on PBS. See more from FRONTLINE. Hello fellow poors!  How is that retirement plan coming along?  Hahahahaha.  Think you will retire in your sixties?  Better get to know your grandparents and great grandparents.  Find out everything you can about how to survive as an old without ...
    3 weeks ago
  • Job market confidence grew in 2012


    Capitol Hill BlueAuthority Authority: 486
    Confidence in the U.S. job market has rebounded to roughly a normal level from its record low after the Great Recession, a trend that could help boost the economy. Americans increasingly feel they could find a new job if necessary, according to the results of the 2012 General Social Survey, a long-standing poll of ...
    4 weeks ago
  • Gold, Germany and the worldwide recession


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    It’s unnerving and yet comforting when a worthy such as Bill Bonner agrees with me. What’s more likely is we’re both singing off the same sheet of music. In Monday’s newsletter Bonner titled his entry “ The Recovery That Never Happened ,” and I agree. Whatever green shoots (remember green shoots, the ever ...
    4 weeks ago
  • The Bush’s, Conservatism and Historical Revisionism


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    U.S.M. steam ship Baltic . The Baltic was a U.S. mail ship. This print was done c1852 by N. Currier. George W. Bush’s brother Jeb, former governor of Florida has some good poll number s. Not long ago the Bush name was synonymous with epic failure. We’re a sentimental country that is also hammered everyday about ...
    4 weeks ago
  • SFUSD: "extraordinary" gains in hs grad rates


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    April 23, 2013: High school graduation rates are climbing according to data gathered by the state Dept. of Educations California Longitudinal Pupil Achievement Data System (CALPADS). In 2012, California high schools experienced across-the-board improvements in graduation rates. In San Francisco, education reporter ...
    4 weeks ago
  • Why State and Local Governments are Hurting the Recovery


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    Until the Great Recession, state and local governments played a remarkably constant role through down business cycles. For four decades, when the economy turned sour, state and local governments boosted their spending—mitigating the depths of recessions and adding to growth when the economy revived. (Of course, ...
    4 weeks ago
  • Comparación del desempleo durante la Gran Depresión y la Gran Recesión


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    La austeridad es un peligro evidente hoy para la zona euro y la economía global. En los países centrales de la zona euro ha causado niveles de desempleo parecidos a la gran Depresión - y el desempleo esta aumentando siete años después de que las burbujas globales comenzaran a desinflarse en 2006. La periferia, ...
    4 weeks ago

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