Tag: economic crisis

“Suspended’ Coffee

Italian tradition of ‘suspended coffee’ takes hold elsewhere in tough economic times | The Raw Story. Can’t afford coffee? No matter. In Bulgaria, an old Italian tradition that sees good souls buying hot drinks for those who struggle to make

Posted in Recently Read Tagged with: , ,

To Middle Class, Economic Crisis isn’t News

Barack Obama outlines exactly what he wants to do to fix the economy. You can read more about his plan here. Transcript of the Video: In the past few weeks, Wall Street’s been rocked as banks closed and markets tumbled.

Posted in Current Events, Politics Tagged with: , ,

Quotes of the Day: “the fundamentals of our economy are strong”

John McCain – speaking THIS MORNING on today’s financial markets meltdown: “You know that there’s been tremendous turmoil in our financial markets and Wall St. And it is — people are frightened by these events. Our economy, I think still

Posted in Current Events, Politics Tagged with: , , , ,

Unemployment climbs to 5-year high of 6.1 percent

According to the Associated Press: By JEANNINE AVERSA – 1 day ago WASHINGTON (AP) — The nation’s unemployment rate bolted above the psychologically important 6 percent level last month for the first time in five years — and it’s likely

Posted in Current Events Tagged with: , , ,

A flood of red ink

I don’t know if you’ve read ever read much of The Economist, but it’s not a liberal magazine. To say the least. Which makes this article on the Bush economy really interesting reading to me. More sober analysts are also

Posted in Politics Tagged with: ,