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Archive for the ‘and Stimulus.’ Category

New reserve currency

This is big trouble for the USA
WASHINGTON (AP) — Regulators on Friday shut down a Nevada bank, raising to 83 the number of U.S. bank failures this year.
The 83 closures so far this year is more than double the pace set in all of 2009, which was itself a brisk year for shutdowns. By this time last year, regulators had closed 40 banks. The pace has accelerated as banks’ losses mount on loans made for commercial property and development.

The Federal Deposit Insurance Corp. took over Nevada Security Bank, based in Reno, with $480.3 million in assets and $479.8 million in deposits. Umpqua Bank, based in Roseburg, Ore., agreed to assume the assets and deposits of the failed bank.
New reserve currency
We in Ireland are still bailing out bankrupt banks at the cost billions we don’t have causing economic depression for this and the next generation!
With 52 thousand students coming out of our universities and no jobs to go to
alone along with 100,000 people all ready left the country ,and another 53 thousand students leaving secondary education this year
How many of them are going into apprenticeships, jobs or is it emigration for the majority for them
The Unelected Cowen and his band of economic terrorists are helping the top bankers of the state live it up while the rest of us struggle to pay our monthly bills
I say let the bankrupt banks pay their own bills and allow them to fail, just like the Americans are doing in the land of Free markets
Allowing the crooks in the Dail to plunder our natural resources and the wealth of future generations is a crime I personally do not want to be responsible for, when our children ask what you did to prevent it I can show I was active in my opposition and I made a stand
What can you say you did??
It is the responsibility of each and every one of us to oppose this band of thieves we must stand up and take action
Do not just stand by and allow our country to be destroyed by the current government who have sold out to the faceless bondholders in Germany , France and England
Stand up and Fight back now!
Put yourself up for election do not give you vote to any of the current TD’s
We need new blood in the Dail and not Family dynasties
We want a general election now and we need a new community party made up of new local people from ordinary backgrounds that will work for an average wage and not clock up huge self given perks, ending up as millionaires while the rest of us struggle to pay for these perks & pensions
We need real servants of the people and not leach’s sucking the rest of us dry like some of the current shower of TD’s are doing
The next general election must end Gombeenisem for good.
Promise yourself this and we just might save Ireland!

(Unelected) Taoiseach Brian Cowen has rejected an assertion

Cowen denies unemployment a ‘low priority’

Wednesday, 16 June 2010 11:39

(Unelected) Taoiseach Brian Cowen has rejected an assertion by Labour Leader Eamon Gilmore that unemployment is a low priority for the Government.
Brian Cowen said the Government had increased the number of training places for the unemployed.

He said jobs were created on the basis of a more competitive economy and predicted net employment creation next year on the basis of current Government strategy.

Eamon Gilmore said the situation was hopelessly depressing for people out of work.

He described as ‘socially unsustainable’ the situation in which one in three young men was on the dole.

Mr Gilmore criticised what he referred to as the Government’s residual theory of employment and encouraged the Taoiseach to come up with a strategy to get the unemployed back to work.

source http://www.rte.ie/news/2010/0616/politics.html

The Truth About Retail Sales, Bankruptcy Data, and Stimulus. USA

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