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Keyword: depression

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  • Guest Post: Why Is Gasoline Consumption Tanking?

    04/03/2012 7:50:20 AM PDT · by Mechanicos · 98 replies
    Zero Hedge ^ | 02/10/2012 | Tyler Durden
    Retail gasoline deliveries, already well below 1980 levels, have absolutely fallen off a cliff. .... Deliveries in November 2011 were 30.9 MGD, a staggering 47% decline. ..... What other plausible explanation is there for the decline from 42.4 MGD in July 2011 to 30.9 MGD in November 2011 other than a dramatic decline in discretionary driving? That 27% drop in a few months in unprecedented, except in times of war or sharp economic contraction, i.e. recession.
  • Faber Predicts 'Massive Wealth Destruction' Hyperinflation, Social Unrest, Credit Collapse, Etc

    04/02/2012 6:55:24 AM PDT · by blam · 46 replies
    TBI ^ | 4-2-2012 | Joe Weisenthal
    Marc Faber Predicts 'Massive Wealth Destruction' Through Hyperinflation, Social Unrest, Credit Collapse, Or War April 2, 2012Joe Weisenthal Marc Faber was on CNBC this morning, peddling his standard doom He had two good lines: The first was that the #1 question investors should ask themselves is not 'where can I make the most money' but rather 'where can I avoid losing the most money'? He then predicted that the endgame of all this easing will be "massive wealth destruction" through some combination of hyperinflation, credit collapse, social unrest, and WAR! Doom, boom, and gloom indeed. For what it's worth, he...
  • Overcome depression and suicide, easily!

    03/25/2012 8:55:06 AM PDT · by fabian · 78 replies · 1+ views
    me ^ | 03/24/12 | Fabian
    This is my first youtube about a very effective,simple and perfect way to overcome the negative stresses of living in an almost totally socialist nation. It is being used widely by our troopers now and can be heard for free! Please listen.
  • U.S. Economy Dead Man Walking, The Crash Of 2012

    03/23/2012 5:33:57 PM PDT · by blam · 11 replies
    TMO ^ | 3-23-2012 | Casey Research
    U.S. Economy Dead Man Walking, The Crash Of 2012 Economics / US Economy Mar 23, 2012 - 03:32 PM By: Casey Research Doug Casey, Casey Research writes: In an interview with Louis James, the inimitable Doug Casey throws cold water on those celebrating the economic recovery. [Skype rings: It's Doug Casey, calling from Cafayate, Argentina. He sounds tired, but pleased with himself.]Doug: Lobo, get out your mower; it's time to cut down some green shoots again, and debunk a bit of the so-called recovery. Louis: Ah. I have to say, Doug, the so-called recovery is looking more than "so-called" to...
  • Recovery 2020! We're Barely on Pace to Close the Jobs Gap This Decade

    03/13/2012 11:53:40 AM PDT · by SeekAndFind · 7 replies · 1+ views
    The Atlantic ^ | 03/13/2012 | Derek Thompson
    The labor market is in full-blown recovery mode right now, with the economy adding more than 200,000 net new workers each month for the past three months. At this rate, we'll close the jobs gap in roughly ... eight years.Eight years!?Yep, that is the conclusion from Michael Greenstone and Adam Looney at the Hamilton Project. Today the country faces a 11 million-person jobs gap. This "jobs gap" represents the number of jobs that the U.S. economy needs to return to pre-recession employment rates while also (this part is key!) absorbing everybody joining the labor force.It's not just enough to make...
  • Vitamin D Deficiency and Fibromyalgia: Lessening the Pain and Depression

    03/12/2012 6:37:19 AM PDT · by stillafreemind · 23 replies
    Yahoo ^ | March 12, 2012 | Sherry Tomfeld
    Two years ago, I started reading about vitamin D deficiency. In articles by Dr. Frank Lipkin and on Natural News, they explained the symptoms of vitamin D deficiency. Guess what? To my surprise and curiosity, a lot of the symptoms were like fibromyalgia. I went back through my paperwork and saw that the nurse had indeed told me to take vitamin D.
  • No Matter How Much Food You’ve Got Stored, It Will Eventually Run Out in a Full-Blown Collapse

    03/01/2012 10:29:42 AM PST · by blam · 212 replies · 26+ views
    SHTF Plan ^ | 3-1-2012 | Joe Alton, M.D.,aka Dr. Bones
    No Matter How Much Food You’ve Got Stored, It Will Eventually Run Out in a Full-Blown Collapse Joe Alton, M.D.,aka Dr. Bones March 1st, 2012 The following article has been generously contributed by Joe Alton, M.D., aka Dr. Bones, of Doom and Bloom Nation where you can find strategies to stay healthy that include traditional medicine, alternative remedies, and medicinal/survival gardening. For the best in emergency and long-term disaster medical preparedness we encourage you to check out The Doom and Bloom Survival Medicine Handbook and follow Dr. Bones and Nurse Amy on their weekly podcast. -------------------------------------------------------------------------------- To Survive, How Much...
  • (Vanity) How do you do it? Current News vs. Depression

    02/24/2012 9:52:17 AM PST · by hoagy62 · 57 replies
    2/24/2012 | Hoagy62
    As a citizen of this country, I feel it is my duty to keep informed and not be ignorant of what's going on around me. Anyone who calls themselves a conservative (I believe) should stay informed as to what's going on around them. 'Situational awareness' is important. With that being said...how in the hell do you keep up with the news and not get totally and completely depressed? I see the insane policies of the current administration, the overwhelming ignorance of the electorate who put them there, and the generally deteriorating state of the world. Closer to home, I see...
  • Treating Depression: Is there a placebo effect? (PROZAC, OTHER SSRIs VIRTUALLY WORTHLESS)

    02/19/2012 6:07:06 PM PST · by MindBender26 · 121 replies
    CBS 60 Minutes ^ | Tonight | Lesley Stahl
    (CBS News) Do antidepressants work? Since the introduction of Prozac in the 1980s, prescriptions for antidepressants have soared 400 percent, with 17 million Americans currently taking some form of the drug. But how much good is the medication itself doing? "The difference between the effect of a placebo and the effect of an antidepressant is minimal for most people," says Harvard scientist Irving Kirsch. Will Kirsch's research, and the work of others, change the $11.3 billion antidepressant industry? Lesley Stahl investigates.
  • Obama: You should re-elect me because I have no idea what I am talking about

    02/18/2012 4:13:16 PM PST · by Starman417 · 6 replies
    Flopping Aces ^ | 02-18-12 | DrJohn
    The most brilliant man in the universe said in 2008: "We are in the worst financial crisis since the Great Depression..." "The worst financial crisis since the Great Depression."Sure sounds like he meant "the worst financial crisis since the Great Depression."Now he says he had no idea how bad it was. "So, the die had been cast, but a lot of us didn't understand at that point how bad it was going to get. That increases the deficit because less tax revenues come in, and it means that more people are getting unemployment insurance, we're helping states more so they...
  • Magic mushrooms point to new depression drugs (Hope yet for Reid, Pelosi & Debbie Blabbermouth?)

    01/23/2012 6:57:34 PM PST · by NormsRevenge · 35 replies · 1+ views
    msnbc.com ^ | 1/23/12 | Reuters
    LONDON — The brains of people tripping on magic mushrooms have given the best picture yet of how psychedelic drugs work and British scientists say the findings suggest such drugs could be used to treat depression. Two separate studies into the effects of psilocybin, the active ingredient in magic mushrooms, showed that contrary to scientists' expectations, it does not increase but rather suppresses activity in areas of the brain that are also dampened with other anti-depressant treatments. "Psychedelics are thought of as 'mind-expanding' drugs so it has commonly been assumed that they work by increasing brain activity," said David Nutt...
  • U.S. unlikely to fully recover, Carney warns

    01/23/2012 3:17:04 PM PST · by Dallas59 · 26 replies
    Vancouver Sun ^ | 1/23/2012 | Robert Hiltz
    Canada needs to look beyond its southern neighbour for markets because the United States economy is unlikely to ever fully recover, Bank of Canada governor Mark Carney said Sunday. In an interview with CTV's Question Period, Carney said that it is vital for Canada to look for new trading partners in the Asia-Pacific region and elsewhere to prevent the economy from being dragged down by the U.S. "It's going to take a number of years before they get back to the U.S. that we used to know - in fact, they are not, in our opinion, ultimately going to get...
  • 22 Signs That We Are On The Verge Of A Devastating Global Recession

    01/12/2012 5:36:41 PM PST · by blam · 13 replies
    TEC ^ | 1-12-2012 | Michael Snyder
    22 Signs That We Are On The Verge Of A Devastating Global RecessionJanuary 12, 2012Michael Snyder 2012 is shaping up to be a very tough year for the global economy. All over the world there are signs that economic activity is significantly slowing down. Many of these signs are detailed later on in this article. But most people don't understand what is happening because they don't put all of the pieces together. If you just look at one or two pieces of data, it may not seem that impressive. But when you examine all of the pieces of evidence that...
  • How To Prepare For The Difficult Years Ahead

    01/10/2012 11:28:44 AM PST · by blam · 77 replies · 1+ views
    TEC ^ | 1-10-2011 | Michael Snyder
    How To Prepare For The Difficult Years AheadMichael SnyderJanuary10, 2012 How should people prepare for the difficult years that are coming? I get asked about that a lot. Once people really examine the facts, it is not too hard to convince them that an economic collapse is coming. But once they accept that reality, most of them want to know what they can do to prepare themselves and their families for the hard times that are ahead. Well, the truth is that it does not have to be complicated. Many of the things discussed throughout this article are things that...
  • Sixth straight month of solid hiring expected when government reports on December job growth

    01/06/2012 4:15:37 AM PST · by Recovering_Democrat · 14 replies · 1+ views
    .....[Economists] predict that the unemployment rate ticked up to 8.7 percent from 8.6 percent, which was the lowest rate since March 2009.
  • Welfare Lines Overflow

    01/05/2012 12:34:41 PM PST · by WOBBLY BOB · 13 replies · 1+ views
    WSJ ^ | 1-3-12 | MICHAEL HOWARD SAUL And ALISON FOX
    Growing numbers of New Yorkers seeking food stamps have created an unwelcome spillover effect at some of New York City's job centers: overcrowding that in some cases has grown so severe, benefits were jeopardized. The crush of people grew so large at one Brooklyn center in November that the Fire Department intervened and prevented anyone from entering the building.
  • The Long, Long Depression

    01/02/2012 5:58:18 PM PST · by dynachrome · 10 replies · 1+ views
    National Review Online ^ | 1-2-12 | Matthew Lynn
    The markets were on a roll. New companies were being listed every few days. Germany had a new currency, and its mighty exporters were doing business around the world. Greece had merged its currency with that of France and Italy in a bold experiment in monetary union. A massive new continental economy was flooding the world with cheap goods, disrupting old industries. And new technologies were creating global markets, where money and information zipped from bourse to bank virtually instantaneously. Until the crash came, it seemed as if everyone would keep on getting richer and richer forever. You could be...
  • The spectre of 1932: [2012 the most frightening year in living memory?]

    01/01/2012 12:27:30 PM PST · by thouworm · 14 replies
    UK Daily Mail ^ | Dec 31, 2011 | Dominic Sandbrook
    Meanwhile, as the eurozone slides towards disaster, the prospects for Europe have rarely been bleaker. Already the European elite have installed compliant technocratic governments in Greece and Italy, and with the markets now putting pressure on France, few observers can be optimistic that the Continent can avoid a total meltdown.... For the most chilling parallel, though, we should look back exactly 80 years, to the cold wintry days when 1931 gave way to 1932. Then as now, few people saw much to mourn in the passing of the old year. It was in 1931 that the Great Depression really took...
  • The spectre of 1932: How a loss of faith in politicians and democracy could make 2012 the most

    01/02/2012 9:11:45 AM PST · by Texas Fossil · 31 replies
    Daily Mail on-line (UK) ^ | 31st December 2011 | Dominic Sandbrook
    The dawn of a new year is usually a time of hope and ambition, of dreams for the future and thoughts of a better life. But it is a long time since many of us looked forward to the new year with such anxiety, even dread.
  • The Obama Nation: Even More Debt And Even More Store Closings

    12/28/2011 4:21:47 PM PST · by blam · 5 replies
    TEC ^ | 12-28-2011
    The Obama Nation: Even More Debt And Even More Store ClosingsDecember 28, 2011 Well, it is time to raise the debt ceiling again. Right now we are about to hit the current limit of $15.194 trillion and the Obama administration is going to ask that it be raised by another 1.2 trillion dollars. Unfortunately, Congress has already promised not to stand in the way, and so soon the debt limit will be raised to a staggering $16.394 trillion. Considering how much debt we have already placed on the backs of future generations, what is another 1.2 trillion dollars? After all,...
  • America’s Best Kept Secret: Rising Suburban Poverty

    12/27/2011 2:12:04 PM PST · by SeekAndFind · 52 replies · 1+ views
    Fiscal Times ^ | 12/27/2011 | Michelle Hirsch
    For years, the food pantry in Crystal Lake, Ill., a bedroom community 50 miles west of Chicago, has catered to the suburban areas’ poor, homeless and unemployed. But Cate Williams, the head of the pantry, has noticed a striking change in the makeup of the needy in the past year or two. Some families that once pulled down six-figure incomes and drove flashy cars are now turning to the pantry for help. A few of them donated food and money to the pantry before their luck soured, according to Williams. “People will shyly say to me, ‘You know, I used...
  • It's The Math, Stupid!: 7 Devastating Facts About 2012

    12/27/2011 9:43:31 AM PST · by redstateone · 60 replies
    Breitbart News ^ | December 27, 2011 | Wynton Hall
    As we enter 2012, the presidential candidates would do well to wrap their minds and messages around these seven mathematical facts: 1. Every day, the U.S. government takes in $6 billion and spends $10 billion. This means that every day the federal government spends $4 billion more dollars than it has. 2. The real unemployment rate is a jaw-dropping 11 percent. 3. Every fifth man you pass on your way to work is now out of work. 4. College graduates are now 34% less likely to find a job under Obama than they were under President George W. Bush. 5....
  • A simple HTML tag will crash 64-bit Windows 7

    12/21/2011 10:18:07 AM PST · by ShadowAce · 55 replies
    The Register ^ | John Leyden
    An unpatched critical flaw in 64-bit Windows 7 leaves computers vulnerable to a full 'blue screen of death' system crash. The memory corruption bug in x64 Win 7 could also allow malicious kernel-level code to be injected into machines, security alert biz Secunia warns. Fortunately the 32-bit version of Windows 7 is immune to the flaw, which has been pinned down to the win32k.sys operating system file - which contains the kernel portion of the Windows user interface and related infrastructure.Proof-of-concept code showing how to crash vulnerable Win 7 boxes has been leaked: the simple HTML script, when opened in...
  • Is America On The Verge Of Irrelevance? (The view from Europe?)

    12/21/2011 10:34:56 AM PST · by 2ndDivisionVet · 32 replies
    Worldcrunch / Die Welt ^ | December 21, 2011 | Alan Posener
    Essay: Are we witnessing the U.S. empire head into its final decline? Obama is drifting. Republican candidates inspire little confidence. But viewed from Europe, which is more skeptical than ever, it’s worth taking a closer look at a nation with the Peter Pan gift of never growing up. ******** BERLIN -- When it’s not busy with its own problems, Europe looks across the Atlantic and shakes its head. America would appear to be on an unstoppable downward spiral. While neo-conservative dreams of the “unipolar moment” disperse, troops are withdrawn from Iraq and Afghanistan, the ups and the downs of the...
  • Financial Panic Sweeps Europe As The Head Of The IMF Warns Of A “1930s Depression”

    12/17/2011 3:23:42 PM PST · by blam · 83 replies
    Financial Panic Sweeps Europe As The Head Of The IMF Warns Of A “1930s Depression”December 17, 2011 Are we on the verge of another Great Depression? Christian Lagarde, the head of the IMF, said this week that if dramatic action is not taken immediately we could actually see conditions "reminiscent of the 1930s depression" and that no country on earth "will be immune to the crisis". Right now, financial panic is sweeping across Europe, but most Americans are not too concerned about it because they simply don't understand how important the EU is. The truth is that the EU has...
  • More Upside For Gold As Government Spending Continues Unabated

    12/16/2011 4:51:46 PM PST · by blam · 7 replies
    The Daily Reckoning ^ | Bill Bonner
    More Upside For Gold As Government Spending Continues Unabated By Bill Bonner 12/16/11 Baltimore, Maryland – Have yourself a merry little depression. Dow up 45 points. Gold down $9. We’re still waiting for a major correction in the gold market. Each time one begins, it seems to run out of steam before doing any real damage. At yesterday’s closing price, $1,577, gold is still solidly ahead for the year. So, where’s the soft spot? Where’s the test? Where will it come from? When? Don’t worry, dear reader, Mr. Market will test us. He’ll throw his curve ball. We have to...
  • IMF chief warns of new Great Depression

    12/16/2011 10:31:50 AM PST · by Olog-hai · 17 replies
    EU Observer ^ | 16.12.2011 @ 09:29 | Valentina Pop
    International Monetary Fund (IMF) chief Christine Lagarde has warned the Great Depression of the 1930s may repeat itself unless the EU pulls together and gets foreign help. Fresh unemployment statistics added to the gloom by highlighting the social cost of austerity. “If the international community does not work together, the risk from an economic point of view is that of retraction, rising protectionism, isolation. This is exactly the description of what happened in the Thirties and what followed is not something we are looking forward to," Lagarde said in a speech delivered to the US State Department on Thursday (15...
  • Are We At The Beginning Of A 25-Year Recession?

    12/15/2011 6:50:51 PM PST · by blam · 12 replies
    The Week ^ | 12-15-2011
    Are We At The Beginning Of A 25-Year Recession?The world economy faced a similar slump in the 19th Century. And it wasn't pretty posted on December 15, 2011, at 10:39 AM Our currency economic crisis has some troubling historic parallels with the "Long Depression" that began afflicting America in the 1870s. The current economic slump won't end any time soon, says Matthew Lynn in MarketWatch. The current crisis eerily resembles one that brought the financial world to its knees in the 1870s. A new industrial power — back then it was Germany, now it's China — had rocketed to the...
  • 'Dismal' prospects: 1 in 2 Americans are now poor or low income

    12/15/2011 8:31:39 AM PST · by Qbert · 43 replies · 1+ views
    AP via MSNBC ^ | 12/15/2011 | AP
    WASHINGTON - Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a middle class that's shrinking as unemployment stays high and the government's safety net frays. The new numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families.
  • Unpopular Cures For Unemployment And Economic Depression

    12/14/2011 3:22:56 PM PST · by blam · 1 replies
    The Daily Reckoning ^ | 12-14-2011 | Bill Bonner
    Unpopular Cures For Unemployment And Economic Depression By Bill Bonner 12/14/11 Baltimore, Maryland – So far, so good. Things keep happening, more or less as they should. That is, the US and European economies keep falling apart. And the fixers keep failing to put them back together again. Just as we expected. Trying to fix a depression it is not only expensive…. The US government spends $1.60 for every $1 it receives in taxes. This is a recipe for a disaster, not for a recovery. Worse. It actually prevents a real recovery from happening, by blocking the market’s natural self-healing...
  • Kitco Metals Roundup:Comex Gold Hammered Lower, Hits 3-Month Low, On Panic Selling

    12/14/2011 1:41:43 PM PST · by Mariner · 45 replies · 1+ views
    Kitco News ^ | 12/14/2011 | Jim Wyckoff
    (Kitco News) - Comex February gold futures prices careened lower and hit a fresh nearly three-month low on follow-through selling pressure from the strong losses posted in afternoon trading Tuesday. It was a “risk-off” trading day in the market place Wednesday, and that was very bearish for the precious metals. A stronger U.S. dollar and sharply lower crude oil prices were also major bearish factors for gold Wednesday. Fresh, serious near-term technical damage has been inflicted in gold this week. February gold last traded down $76.80 at $1,586.60 an ounce. Spot gold last traded down $47.00 an ounce at $1,584.50....
  • Barack Obama on economic crisis: 'We didn't know how bad it was'

    12/13/2011 5:24:27 PM PST · by ColdOne · 62 replies
    Politico44 ^ | 12/13/11 | JENNIFER EPSTEIN
    President Barack Obama said Tuesday he wishes he knew the full extent of the economic crisis when he took office, if only so he could have let Americans know just how tough the coming years would be. "I think we understood that it was bad, but we didn’t know how bad it was,” Obama said in an interview with KIRO in Seattle. "I think I could have prepared the American people for how bad this was going to be, had we had a sense of that." Obama’s comments came as he sat down with a string of local TV reporters...
  • What Happens When World’s Economic Growth Engine Goes Kaput

    12/10/2011 4:42:48 AM PST · by blam · 20 replies
    Daily Reckoning ^ | 12-9-2011 | Daily Reckoning
    What Happens When World’s Economic Growth Engine Goes Kaput The Daily Reckoning Dec. 9, 2011, 2:53 PM Europe is the world’s biggest economy. It is menaced by bank and government debt defaults. It is growing old and has far more social spending obligations than it can afford. It is paralyzed by competing national governments and decentralized financial institutions. It can say ‘drop dead’ in 17 different languages. And if Europe goes into a deep or prolonged economic slump, the rest of the world follows. Because Europe is a big customer, not only for Asia, but for America too. The only...
  • New economic indicators point to “decelerating” economy

    12/05/2011 9:35:25 AM PST · by Hojczyk · 5 replies
    Hot Air ^ | December 5,2011 | ED MORRISSEY
    First, the report from Commerce on durable-goods orders offers a wan outlook on manufacturing: New orders for manufactured goods in October, down two consecutive months, decreased $1.6 billion or 0.4 percent to $450.0 billion, the U.S. Census Bureau reported today. This followed a 0.1 percent September decrease. Excluding transportation, new orders increased 0.2 percent. Shipments, up five consecutive months, increased $2.6 billion or 0.6 percent to $455.4 billion. This followed a 0.3 percent September increase. Unfilled orders, up eighteen of the last nineteen months, increased $1.8 billion or 0.2 percent to $885.9 billion. This followed a 0.6 percent September increase....
  • STEVE KEEN: The Best We Can Hope For Is Japanese Style Stagnation (Already In Depression)

    12/03/2011 5:27:09 AM PST · by blam · 9 replies
    TBI ^ | 12-3-2011 | Gus Lubin
    STEVE KEEN: The Best We Can Hope For Is Japanese Style Stagnation Gus Lubin Dec. 3, 2011, 6:45 AM If you haven't heard of him, think of Steve Keen as the Nouriel Roubini of Australia: a vocal economist who pissed people off for predicting the recession before it happened, and is still pissing people off predicting further economic crisis. In fact Keen says the world in another Great Depression, where developed countries would be lucky to come out as easily as Japan. Here's an excerpt from his interview with BBC's HardTalk: HT: Do you really think we’re headed for another...
  • Fed Warns Unemployment May Double Great Depression

    11/27/2011 5:29:36 AM PST · by radioone · 103 replies
    Big Government ^ | 11-25-11 | Chriss W. Street
    I warned last week that a recession and higher unemployment were about to hit the U.S. economy. On Tuesday, the Bureau of Economic Analysis cut their estimate of growth in the third quarter ending September from 2.5% to 2%. Then on Wednesday, the Federal Reserve rocked financial markets by forcing America’s 31 largest U.S. banks to “stress test” balance sheets to determine their capability to withstand an 8% drop in the economy; which would cause home prices to plunge by 21%, and unemployment rate to jump to 13%.
  • Bix Weir and the RoadtoRoota

    11/27/2011 6:14:23 AM PST · by appeal2 · 1 replies
    Bix Weir of RoadtoRoota.com joins us today to talk about gold and silver manipulation and the impending collapse of the world fiat money system. Bix has been studying economic history and the markets for a long time and has arrived at the conclusion that once the collapse occurs, it will be the largest debtors who fare the best. And of all the debtor nations, the United States stands head and shoulders above the rest. According to Bix gold and silver are still screaming bargains who's time will soon come. He believes that eventually the gold to silver ratio will go...
  • Trouble

    11/25/2011 1:47:55 PM PST · by blam · 14 replies · 1+ views
    TEC ^ | 11-25-2011
    TroubleNovember 25, 2011 The global economy is heading for a massive amount of trouble in the months ahead. Right now we are seeing the beginning of a credit crunch that is shaping up to be very reminiscent of what we saw back in 2008. Investors and big corporations are pulling huge amounts of money out of European banks and nobody wants to lend to those banks right now. We could potentially see dozens of "Lehman Brothers moments" in Europe in 2012. Meanwhile, bond yields on sovereign debt are jumping through the roof all over Europe. That means that European nations...
  • Dow, S&P Log Worst Thanksgiving Week Since 1932 (CNBC)

    11/25/2011 12:49:30 PM PST · by tcrlaf · 18 replies
    CNBC ^ | 11-25-11 | By: JeeYeon Park
    Stocks closed in negative territory in thin, shortened trading Friday as investors were reluctant to go long ahead of the weekend and amid ongoing worries over the euro zone. The Dow and S&P posted their worst Thanksgiving week since the Great Depression on a percentage basis. The Dow Jones Industrial Average erased their gains to finish lower, led by H-P [HPQ 25.39 -0.39 (-1.51%) ] and Chevron [CVX 92.29 -1.46 (-1.56%)]. The S&P 500 and the Nasdaq also ended lower, logging a seventh consecutive decline. Some traders are watching for 1,150 on the S&P as the next key level. The...
  • This Is What People Ate When They Had No Money During The Depression

    11/18/2011 7:47:54 PM PST · by blam · 494 replies
    TBI ^ | 11-18-2011 | Vivian Giang
    This Is What People Ate When They Had No Money During The Depression Vivian Giang Nov. 18, 2011, 12:25 PM Image: Library of Congress, Prints & Photographs Division, FSA-OWI Collection If you've ever visited anyone's house for dinner and a big, sloppy "secret family recipe" dish is flopped down in front of you, chances are high that the messy goodness could have originated from the Depression era. Families were taught to creatively stretch out their food budgets and toast, potatoes and flour seem to be the popular, inexpensive ingredients. Expensive meat was typically eaten only once a week. Some foods...
  • The Mother Of All Dreads, Global Economy On The Brink

    11/18/2011 6:58:12 PM PST · by blam · 30 replies
    TMO ^ | 11-18-2011 | Ramy Saadeh
    The Mother Of All Dreads, Global Economy On The Brink Interest-Rates / Global Debt Crisis Nov 18, 2011 - 11:22 AM By: Ramy Saadeh Ramy Saadeh writes: The World is on the brink of a cataclysmic spiral that could make the Greek crisis look like a walk in the park. Interestingly, markets still seem very hushed about the emerging risks ahead; the final bell hasn’t rung yet, can this be it?The trigger of the dreadful events could come as soon as the 23rd of November 2011, as the “Super Committee”, who is expected to set forth a long awaited plan...
  • One in four American women take medication for a mental disorder

    11/17/2011 1:19:24 PM PST · by NormsRevenge · 91 replies
    Daily Mail UK ^ | 11/17/11
    More than one in four American women took at least one drug for conditions like anxiety and depression last year, according to an analysis of prescription data. The report, by pharmacy benefits manager Medco Health Solutions Inc, found the use of drugs for psychiatric and behavioral disorders in all adults rose 22per cent from 2001. The medications are most often prescribed to women aged 45 and older, but their use among men and in younger adults climbed sharply. In total, more than 20per cent of American adults were found to be on at least one drug for mental health disorders....
  • Too little exercise,too much TV tied to depression

    11/14/2011 9:39:17 AM PST · by traumer · 7 replies
    Older women who got more exercise and less television time were the least likely to be diagnosed with depression, according to a U.S. study of thousands of women -- with physical activity having the biggest impact. According to findings published in the American Journal of Epidemiology, researchers found that women who reported exercising the most in recent years were about 20 percent less likely to get depression than those who rarely exercised. On the other hand, the more hours they spent watching TV each week, the more their risk of depression crept up. "Higher levels of physical activity were associated...
  • DAVID ROSENBERG: We Are In Year 4 Of A 7-10 Year Depression

    11/13/2011 10:11:57 AM PST · by blam · 17 replies
    TBI /Pragmatic Capitalism ^ | 11-12-2011 | Cullen Roche
    DAVID ROSENBERG: We Are In Year 4 Of A 7-10 Year Depression Cullen Roche, Pragmatic Capitalism Nov. 13, 2011, 6:56 AM David Rosenberg of Gluskin Sheff joined Consuelo Mack on Wealth Track this weekend to discuss his outlook for the economy. Rosenberg isn’t just bearish. He say the US economy is in a modern day depression similar to what Japan has suffered from for the last 20 years. He bases this view on the idea that de-leveraging tends to coincide during a prolonged period of economic weakness that is not merely consistent with recession. Rosenberg says we’re just 4 years...
  • Need advice: Friend marrying broke Muslim loser [vanity]

    11/10/2011 9:50:19 AM PST · by Feline_AIDS · 124 replies
    Short version: What's the tactful way to tell a friend she's marrying a loser, and should I bother? Long version: A friend of mine, who is nominally a conservative Christian, is engaged to her liberal Muslim boyfriend of two years. At many points along the way, I dropped subtle hints about how unwise it is for a Christian to marry a non-Christian. I'm not sure why she started dating him in the first place, but I have three guesses from observing the relationship from the beginning. 1) He pursued her relentlessly. 2) He's more masculine than most of the other...
  • It Is 1931. We Are Austria. If The Fed Doesn't Save Us Here Comes Another Great Depression...

    11/09/2011 3:27:31 PM PST · by blam · 76 replies
    TBI ^ | 11-9-2011 | Henry Blodget
    DELONG: It Is 1931. We Are Austria. If The Fed Doesn't Save Us Here Comes Another Great Depression... Henry Blodget Nov. 9, 2011, 5:21 PM How does Berkeley professor Brad Delong feel about what's going on in Europe? He's freaking out: Time to Spread Foam on the Runway: The Federal Reserve Needs to Act Now to Firewall Off the Eurocrisis I have been complaining for some time now that Reinhart and Rogoff think that the time is always 1931 and that we are always Austria--that the great fiscal crisis is about to erupt and send us lurching down toward Great...
  • THE SAVAGE NATION!!!!!! 11-4-11

    11/04/2011 3:00:47 PM PDT · by dynachrome · 44 replies
    www.michaelsavage.wnd.com ^ | 11-4-11 | Dr. Michael Savage
  • 15 Trillion Dollars In Debt, 45 Million Americans On Food Stamps And Zero Solutions On The Horizon

    11/02/2011 10:30:58 PM PDT · by blam · 28 replies
    TEC ^ | 11-3-2011
    15 Trillion Dollars In Debt, 45 Million Americans On Food Stamps And Zero Solutions On The HorizonNovember 3, 2011 How does a country end up 15 trillion dollars in debt? 30 years ago, we were just a little over a trillion dollars in debt. How in the world do supposedly rational people living in "the greatest nation on earth" allow themselves to commit national financial suicide by allowing government debt to explode like that? It almost seems like there should be some sort of official ceremony in Washington D.C. to commemorate this achievement. It really takes something special to be...
  • 12 Reasons To Be Extremely Pessimistic About The Direction That The Economy Is Headed

    11/01/2011 6:31:38 PM PDT · by blam · 13 replies
    12 Reasons To Be Extremely Pessimistic About The Direction That The Economy Is Headed11-1-2011 Do you want to feel optimistic about the U.S. economy? If so, you might not want to read the rest of this article. In many areas of the United States today, you can almost smell the fear and the anxiety in the air. Survey after survey has found that the American people are extremely pessimistic about the direction the economy is headed. In fact, many recent surveys have found that economic pessimism is at the highest levels ever recorded. There has been an astonishing loss of...
  • Obama: Campaigning Like It's 1936

    11/01/2011 3:21:58 AM PDT · by TYVets · 13 replies
    Forbes ^ | 10/28/2011 | Merrill Matthews
    By August of 1935, Roosevelt had achieved some of his signature pieces of legislation: a new entitlement program known as Social Security, banking reform, pro-union reform, infrastructure expansion and massive transfers of wealth to the poor and middle classes. Sound familiar?