Sunday, March 29, 2009
Tuesday, March 17, 2009
Stewart: This Is Not A "*****" Game
Stewart Can't Land Knockout Punch On Meek Cramer
What happened to Jim Cramer? CNBC's Mad Money host screams stock-market tips with alpha male abandon, but he looked like he was going to wet himself in his Daily Show grudge match tonight.
Friday, March 6, 2009
Record 31.8 million On Food Stamps
Record 31.8 million On Food Stamps
A record 31.8 million Americans received food stamps at the latest count, an increase of 700,000 people in one month with the United States in recession, government figures showed Thursday. Food stamps, which help poor people buy groceries, are the major U.S. anti-hunger program, forecast to cost at least $51 billion in this fiscal year ending Sept. 30, up $10 billion from fiscal 2008.
Thousands of New Yorkers Rally
Thousands Rally At City Hall
A massive budget backlash came to lower Manhattan on Thursday. Tens of thousands of New Yorkers marched on City Hall, rallying to stop proposed funding cuts. The rally cries of labor unions, community groups and families outside City Hall could be heard throughout lower Manhattan. Desperation for an economic lifeline brought out more than 50,000 people along several blocks of Broadway in a self-described "Rally For New York." Their message for Gov. David Paterson came in the form of booming chants: "No more cuts! No more cuts!" Everyday New Yorkers had their own personal messages for the governor as well. "Governor Paterson, I wish you could have an open heart that we are going to suffer if this budget cut goes through," said China Lankford of Jamaica.
Sunday, March 1, 2009
Global Bailout
Brown Woos Obama On Global Deal
Gordon Brown hopes to forge a partnership with President Barack Obama in Washington this week, to call for a “global new deal” to lift the world out of recession. As he prepares for his first White House visit since the president’s inauguration, the prime minister has hinted that he is ready to make further tax cuts to boost the UK economy. Brown will meet Obama on Tuesday and address a joint session of Congress on Wednesday. Aides say he has both to demonstrate to a sceptical British public that he commands the respect of the president, and to persuade the American political establishment that global action is needed to rescue the US economy.
1-10 In California Out Of Work
Avalanche Of Job Losses
Unemployment in California shot up to its highest level in nearly 26 years in January, leaving more than 1 in 10 workers without a job. Figures released Friday show that 79,300 jobs were lost in the state last month, bringing the total number of unemployed to 1,863,000, or 10.1% of the workforce. That's the highest since the rate touched 10.4% in 1983.
Canadian Government Bailout Of CBC
Stumbling CBC Seeks Federal Help
Faced with a $65 million advertising shortfall, the CBC is reaching out to Ottawa for bridge financing, an unprecedented request of a Conservative government that has historically had a cool relationship with the public broadcaster. "The revenues fell off a cliff. ... I have not seen a slide that precipitous and that deep in my entire life," Richard Stursberg, executive vice-president for English services, told employees yesterday.
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