Keyword: depression

Brevity: Headers | « Text »
  • Amity Shlaes: Obama slanders the 1920s, ignore key lessons

    10/26/2012 7:01:28 PM PDT · by TurboZamboni · 6 replies
    pioneer press ^ | 10-26-12 | amity shlaes
    When it comes to our foreign policy, you seem to want to import the foreign policies of the 1980s, just like the social policies of the 1950s and the economic policies of the 1920s," President Barack Obama told Mitt Romney in their final debate. Obama got sloppy here. Presumably, the president was suggesting the 1920s represent economic failure. The decade represents just the opposite, as measured by the very goals on which the Democrats base their 2012 presidential campaign. Growth: Obama has spoken often and forcefully about economic growth. In just one debate, the second one, the president used the...
  • Iconic NY Steakhouse "Gallagher's", Which Survived The Great Depression, Is Closing

    10/26/2012 7:46:56 AM PDT · by Qbert · 8 replies
    Zero Hedge ^ | 10/25/2012 | Tyler Durden
    The Department of Labor's WARN (Worker Adjustment and Retraining Notification) website may have been exempt from layoff notices related to the fiscal cliff, but it still provides a sufficiently (bleak) complete picture about the real nature of layoffs and business cycle in general in America's busiest city. Which is why it was precisely using the WARN website that we learned that one of New York's most historic steakhouses, "NY's Prime Steakhouse since 1927" Gallagher's, located on 52nd street, and which survive the great depression, is shutting down on January 16. Surely neither the surging price of meat, nor the ability...
  • Autumn Leaves: Existing Home Sales Fall -1.7% (M2 Velocity Still Low) - WORST recovery since 1882

    10/20/2012 9:39:06 AM PDT · by whitedog57 · 3 replies
    confounded interest ^ | 10/20/2012 | Anthony B. Sanders
    Autumn is here, the leaves are turning color and existing home sales declined -1.7% in September. Here is my Fox Business interview with Laurie Rothman on the the housing recovery (and icebergs in its path). To be sure, there are stil supply problems such as over 2 million foreclosed homes still in pre-sale. Also, problems such as negative equity persist. Until housing prices rise more and negative equity fades away, supply problems are likely to continue in many parts of the nation. This comes on the heels of a excellent housing start report, partly fueled by The Fed’s massive purchase...
  • Creativity Linked to Mental Illness, Study Confirms

    10/17/2012 4:33:24 PM PDT · by Paradox · 38 replies
    Live Science ^ | 16 October 2012 | LiveScience Staff
    Creative types are thought to be more likely to suffer from mental illnesses, such as bipolar disorder and schizophrenia. A new large-scale study of the Swedish population helps confirm this link. Last year, researchers at the Karolinska Institutet near Stockholm found that families with a history of bipolar disorder and schizophrenia were more likely to produce artists and scientists. They built on this evidence in a new study, published this month in the Journal of Psychiatric Research, which covers a larger population sample and a wider scope of psychiatric diagnoses...
  • Destruction of the US Dollar

    10/15/2012 2:04:32 PM PDT · by Tolerance Sucks Rocks · 11 replies
    Patriot Action Network ^ | October 14, 2012 | Roger O'Daniel
    The picture below shows $15 trillion dollars worth of $100 bills on $10 million dollar pallets stacked on top of each other over an area that is one third larger than a regulation football field. An electronics van is parked between the stack and the Statue of Liberty. A single $100 million dollar pallet rests in front of the truck’s cab. See it?Recently, I reported that the Federal Reserve Bank (FED) secretly gave ten trillion dollars of interest-free loans to over a dozen European banks to shore up the Euro and keep them financially solvent. I later found out that...
  • Stress and the city: Urban decay - Scientists are testing the idea that the stress of modern city...

    10/13/2012 9:27:53 PM PDT · by neverdem · 29 replies
    NATURE NEWS ^ | 10 October 2012 | Alison Abbott
    Scientists are testing the idea that the stress of modern city life is a breeding ground for psychosis. In 1965, health authorities in Camberwell, a bustling quarter of London's southward sprawl, began an unusual tally. They started to keep case records for every person in the area who was diagnosed with schizophrenia, depression, bipolar disorder or any other psychiatric condition. Decades later, when psychiatrists looked... --snip-- Yet the results of his study, published last year in Nature (F. Lederbogen et al. Nature 474, 498–501; 2011), clearly showed that people who grow up in cities process negative emotions such as stress...
  • Forward? US Wage Income (% of GDP) at Lowest Level Since 1970

    10/13/2012 9:40:27 AM PDT · by whitedog57 · 7 replies
    Confounded Interest ^ | 10/13/2012 | Snakeeyes Econ
    The rise in the consumer confidence rose more than expected. Despite real GDP growth hovering barely above 1% and the crash in durable goods orders, this is indeed a surprise. Or is it another Fed induced bubble? According to University of Michigan, consumer confidence has risen to Bush-era levels of September 2007. Just to put it into context, I put a yellow line through the 100 level. We still have a long way to go to get to 100 from 83.1. Here is a chart of wage income divided by GDP. Why are consumers more confident? Perhaps consumers are reacting...
  • The Largest Economy In The World Is Imploding Right In Front Of Our Eyes

    10/07/2012 6:56:32 AM PDT · by blam · 15 replies
    TEC ^ | 12-7-2012 | Michael Snyder
    <p>A devastating economic depression is rapidly spreading across the largest economy in the world. Unemployment is skyrocketing, money is being pulled out of the banks at an astounding rate, bad debts are everywhere and economic activity is slowing down month after month. So who am I talking about? Not the United States - the economy that I am talking about has a GDP that is more than two trillion dollars larger. It is not China either - the economy that I am talking about is more than twice the size of China. You have probably guessed it by now - the largest economy in the world is the EU economy.</p>
  • Ketamine for Depression: The Most Important Advance in Field in 50 Years?

    10/06/2012 4:37:30 PM PDT · by Renfield · 67 replies
    Time Healthland ^ | 10-05-2012 | Maia Szalavitz
    In any given year, 7% of adults suffer from major depression, and at least 1 in 10 youth will reckon with the disorder at some point during their teenage years. But about 20% of these cases will not respond to current treatments; for those that do, relief may take weeks to months to come. There is one treatment, however, that works much faster: the anesthetic and “club drug” ketamine. It takes effect within hours. A single dose of ketamine produces relief of depression that has been shown in studies to last for up to 10 days; it also appears to...
  • JOHN HUSSMAN: We Are Already In Recession, And The Economists Just Don't Know It Yet

    10/01/2012 3:54:57 AM PDT · by blam · 9 replies
    TBI ^ | 10-1-2012 | Joe Weisenthal
    JOHN HUSSMAN: We Are Already In Recession, And The Economists Just Don't Know It Yet Joe WeisenthalOct. 1, 2012, 5:00 AM In his latest weekly letter, investor John Hussman reiterates his belief that we are already in recession. In regard to a U.S. recession, keep in mind that the consensus of economic forecasters – not to mention central bankers - has never recognized the start of a recession in real-time, largely because their assessments typically revolve around a “stream of anecdotes” approach that treats each new economic report with equal weight, without distinguishing leading/lagging and upstream/downstream structure. For example, we’ve...
  • A Call for Caution on Antipsychotic Drugs

    09/24/2012 10:12:40 PM PDT · by neverdem · 41 replies
    NY Times ^ | September 24, 2012 | RICHARD A. FRIEDMAN, M.D.
    You will never guess what the fifth and sixth best-selling prescription drugs are in the United States, so I’ll just tell you: Abilify and Seroquel, two powerful antipsychotics. In 2011 alone, they and other antipsychotic drugs were prescribed to 3.1 million Americans at a cost of $18.2 billion, a 13 percent increase over the previous year, according to the market research firm IMS Health. Those drugs are used to treat such serious psychiatric disorders as schizophrenia, bipolar disorder and severe major depression. But the rates of these disorders have been stable in the adult population for years. So how did...
  • Obama’s Hidden Bread Lines

    09/24/2012 11:52:02 AM PDT · by arthurus · 41 replies
    Right Side News ^ | 24 September 2012 | Terresa Monroe-Hamilton
    Americans are experiencing sticker shock and it is about to get a whole lot worse thanks to Obama. Between gas and groceries, our household is sinking fast. My husband works about 35 miles from here, so gas is an issue. For a household of three, where two drive for work, our gas bill this month will be close to $900. Groceries will come in at a modest $1000 since we have cut back. And folks, we live in a state that has reasonable pricing. Inflation is just clearing her throat and getting ready to sing, so this is going to...
  • More Americans Now Commit Suicide Than Die in Car Crashes as Miserable Economy Takes Its Toll

    09/22/2012 10:38:53 PM PDT · by DogByte6RER · 53 replies
    The Daily Mail (UK.) ^ | 22 September 2012 | Daily Mail Reporter
    $56 million suicide prevention programme launched as study reveals more Americans take their own lives than die in car crashes Suicide is a bigger killer than car crashes, according to an alarming new study. The number of people dying from suicide has drastically increased, while car accident deaths haven lessened, making suicide the leading cause of injury death. Suicides via falls or poisoning have risen significantly and experts fear there could be en more going unrecognised, specifically in cases of overdose. 'Suicides are terribly under-counted,' said Ian Rockett, author of the study, published on Thursday in the American Journal of...
  • Dalio Fears Social Unrest That Led to Hitler’s Rise

    09/22/2012 5:58:26 PM PDT · by Kartographer · 36 replies
    CNBC ^ | 9/21/12 | Maneet Ahuja
    In a worst case scenario, he painted a much darker picture. “When people get at each other’s throat, the rich and the poor and the left and the right and so on, and you have a basic breakdown, that becomes very threatening,” Dalio told CNBC in an exclusive interview on “Squawk Box.” “For example, Hitler came to power in 1933, which was the depth of the Great Depression, because of the social tension between the factions. So I think it very much is dependent on how the people work this through together and worry about the social elements.”
  • Mort Zuckerman: Welcome to the Modern-Day Depression

    09/20/2012 12:47:18 PM PDT · by lbryce · 6 replies
    US News and World Report ^ | September 19, 2012 | Mortimer B. Zuckerman
    We Need to Recover from the Obama Economic Recovery How do you recover from a recovery? Just how bust the nation's "recovery" has been is painfully documented in the latest news, just two months before the election. The Census Bureau validated what middle-class Americans know all too well from their week to week, month to month struggle to make ends meet. The typical family is back to where it was in 1995. The analysis of annual data collected by the bureau indicates that median income in 2011 had fallen to $50,054, the fourth straight year of decline in well-being, and...
  • The “Depression that Shall Not Be Named” — things we notice that the corrupt media won’t report

    09/19/2012 12:15:19 PM PDT · by grundle · 50 replies
    hillbuzz.org ^ | Sseptember 18, 2012 | Kevin DuJan
    Full title: Ground Reports from the “Depression that Shall Not Be Named” — things we notice that the corrupt media won’t report that show this is indeed a Depression On my desk, just under the computer monitor, I have a little box full of slips of scrap paper. I’ve been doing this since I was a kid because the nuns who taught me in Catholic School refused to ever waste paper. Anything that comes into my home that’s blank on one side and has outlived its usefulness is drawn and quartered and spends some time as scrap paper in that...
  • China And Russia Are Ruthlessly Cutting The Legs Out From Under The U.S. Dollar

    09/12/2012 9:19:48 PM PDT · by Tolerance Sucks Rocks · 33 replies
    The Economic Collapse ^ | September 11, 2012 | The Economic Collapse
    The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in the United States to go way up. Right now, the U.S. dollar is the primary reserve currency of the world. Even though that status has been chipped away at in recent years, U.S. dollars still make up more than 60 percent of all foreign currency reserves in the world. Most international trade (including the...
  • The Terrifying Line in Obama's Speech That Everyone Missed

    09/09/2012 2:51:11 PM PDT · by IBD editorial writer · 83 replies
    Investor's Business Daily ^ | 09/07/2012 | IBD Staff
    His Agenda: President Obama's convention speech got rough reviews, and rightly so. He offered little but tired bromides and recycled promises. But critics overlooked one promise that will guarantee an even bleaker future. There was plenty to dislike in Obama's speech. The language was flat, his delivery languid. The speech was stuffed with standard Obama chestnuts about the smallness of politics, the corrupting influence of money in politics, and how cynicism is our worst enemy. [snip] But while everyone was picking apart these and other flaws in Obama's speech, they overlooked the most frightening line of all.
  • Recovery will require Depression-repairing level of effort, Obama tells national convention

    09/06/2012 6:00:12 PM PDT · by SeekAndFind · 54 replies
    Washington Post ^ | 09/06/2012
    CHARLOTTE, N.C. — His re-election in doubt, President Barack Obama conceded only halting progress Thursday night toward solving the nation’s economic woes, but vowed in a Democratic National Convention finale, “Our problems can be solved, our challenges can be met.” “The path we offer may be harder, but it leads to a better place,” Obama said in advance excerpts of a prime-time speech to delegates and the nation. The president’s speech was the final act of a pair of highly scripted national political conventions in as many weeks, and the opening salvo of a two-month drive toward Election Day that...
  • The Quadrillion Dollar Deflationary Debt Raft

    09/05/2012 11:07:56 AM PDT · by blam · 3 replies
    TMO ^ | 9-5-2012 | Raul I Meijer
    The Quadrillion Dollar Deflationary Debt Raft Interest-Rates / US DebtSep 05, 2012 - 02:03 AM By: Raul I Meijer Our Down Under roving reporter Skip came up with a few interesting questions when watching an interview that Russia Today recently ran with economist Richard Duncan. Where doth debt take us going forward, and, for that matter, where has it - really - taken us so far? If and when Japan implodes, does that force the US out of the possibility of moving - or already being - into the Japanese deflationary scenario and into something more sinister? Will it be...