Keyword: greatdepression2
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An artificial depression created around the coronavirus outbreak by American leadership will kill thousands of Americans, explained Jacki Pick, host of the Jacki Daily Show on BlazeMedia, warning of the consequences of varying economic shutdowns across the nation ostensibly aimed at addressing the viral spread. She offered her analysis on Tuesday’s edition of SiriusXM’s Breitbart News Daily with host Alex Marlow. In her recently-published article, “What a Prolonged Shutdown Will Cost in Human Life,” Pick wrote: A prolonged shutdown could bring tens of thousands of deaths through spikes in rates of suicide, heart attack, missed cancer diagnoses, domestic violence deaths,...
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This Wuhan communist disease has ripped the face masks off a gang of Democrat governors and mayors who exhibit disturbing symptoms of the Little Dictator Virus. Their voters are becoming increasingly alarmed at the symptoms: issuing irrational and unreasonable edicts and making them harsher at a whim, arbitrarily choosing some businesses to thrive and others to wither and die, parading around wearing diamond tiaras and the ermine robes of royalty in the privacy of their chambers. Just kidding about the last one, but it sure seems that way to the peasants who are indeed revolting. In their determined oppression of...
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After the Great Pandemic has passed and we emerge from Great Depression II, what will be America's mission in the world? What will be America's cause? We have been at such a turning point before. After World War II, Americans wanted to come home. But we put aside our nation-building to face the challenge of a malevolent Stalinist empire dominant from the Elbe river to the Barents Sea. And after persevering for four decades, we prevailed. What, then, did we do with our epochal victory? We alienated Russia by moving our NATO military alliance into the Baltic and Black Seas....
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Dr. Anthony Fauci said the nation’s economic recovery is not going to happen “unless we get the virus under control” amid protests of stay-at-home orders. During an interview Monday, he acknowledged it could be painful to follow guidelines for a gradual reopening, but warned opening the economy too quickly will backfire. He said testing will increase in the coming weeks from the millions of tests currently being conducted. The National Institute of Allergy and Infectious Diseases director also highlighted a few issues with the effectiveness of anti-body testing.
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Walt Disney will stop paying more than 100,000 employees from this week as it struggles with coronavirus closures. The world's biggest entertainment group operates theme parks and hotels in the US, Europe and Asia. Stopping pay for almost half of its workforce will save Disney up to $500m (£400m) a month, according to the Financial Times. Disney made operating income of $1.4bn for its parks, experiences and products in the last three months of 2019. The company said it will provide full healthcare benefits for staff placed on unpaid leave and urged its US employees to apply for government benefits...
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Economic Depression Within The Great Depression Economics / Great Depression II Oct 22, 2010 - 01:52 PM By: James Quinn By James Quinn, Contributor, The Casey Report : Regular Casey Report contributor James Quinn is the head of strategic planning for one of the world's most prestigious business schools and the host of TheBurningPlatform.com blog. In this article, he is presenting historical indicators that may tell us what’s in store for the U.S. economy. In recent months, worshippers at the altar of Keynes have been hyperventilating over the possibility Congress will run a deficit of “only” $1.5 trillion in 2010....
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Here’s what’s coming in economic news: The next employment report could show the economy adding jobs for the first time in two years. The next G.D.P. report is likely to show solid growth in late 2009. There will be lots of bullish commentary — and the calls we’re already hearing for an end to stimulus, for reversing the steps the government and the Federal Reserve took to prop up the economy, will grow even louder. But if those calls are heeded, we’ll be repeating the great mistake of 1937, when the Fed and the Roosevelt administration decided that the Great...
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We elected you on a promise of hope and change. You've disappointed us. In 2010, we are taking the country back. Blue collar democrats, independents, and conservatives. We love our country. We are proud of our founders. And we will fight to protect our traditions. We don't want your revolution.
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Our president is quite the angry man these days. Perhaps his heart is two sizes too small, or maybe he just hates the residents of Who-ville (and “bitter Americans clinging to guns and religion” here in America.) Perhaps being forced by public opinion to retain the “religious” aspect of White House Christmas decorations has placed our man in Washington in a foul mood. Perhaps, it is the fact that he is now the most unpopular president ever recorded this early into a first term. Perhaps it’s because his “stimulus bill” that in his mind has been so successful it calls...
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For an obscene price tag, this year's $787 billion federal stimulus has delivered precious little to Jackson County, Michigan or the nation. The public should be skeptical whether the federal government can be trusted to implement a second, smaller stimulus to create jobs. President Obama last week called on Congress to spend more — as much as $200 billion, by some estimates — to put people to work. The nation's unemployment stands at 10 percent (in Michigan, it's 14.2 percent), and surveys suggest that large companies will continue to shrink their work forces in the coming months. Of course, wasn't...
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Palin Derangement Syndrome was on full display Monday evening when HLN's Joy Behar invited the Atlantic's Andrew Sullivan on to trash the former Governor of Alaska. At issue fully fifteen months after Sarah Palin was thrust into the limelight as John McCain's running mate was whether or not Trig is actually her son. Behar began the segment: "Sarah Palin may have been coy on the Oprah Show about a possible White House run in 2012. But new poll numbers show she`s a contender. Oy." This evoked laughter from crew members on the set. Behar then introduced her guest, and after...
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WASHINGTON – Officials tell The Associated Press that the Environmental Protection Agency has concluded greenhouse gases are endangering people's health and must be regulated. The EPA will announced its findings at a news conference Monday. The announcement is timed to boost the Obama administration's arguments at an international climate conference — beginning this week — that the United States is taking actions to combat global warming, even though Congress has yet to act on climate legislation. Under a Supreme Court ruling, the so-called endangerment finding is needed before the EPA can regulate carbon dioxide and five other greenhouse gases released...
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The Obama Administration burst onto the presidency with a historic wealth of good will, hope and change. It is now marked by one failure after another. Unfortunately, these failures are not without costs. The heavy burden is born by consumers, taxpayers and to generations yet to come. Nearly one year later we have an economy heading in the wrong direction, unemployment rising, a deficit that will double, banks failing, a war command which is virtually ignored, 911 terrorists given all the rights at a civil trial and an Administration hell bent on destroying rather than "reforming" the world's best health...
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US STOCKS-Wall St Set To Slip At Open On (Unexpected) Housing Data Wed Nov 18, 2009 9:06am EST By Ellis Mnyandu NEW YORK, Nov 18 (Reuters) - U.S. stocks were set to open lower on Wednesday after data showed U.S. housing starts fell unexpectedly in October, offsetting strength in the natural resources sectors amid U.S. dollar weakness. Housing starts dropped to their lowest level in six months, weighed down by a sharp decline in construction activity for both single-family and multi-family dwellings, the government reported. For details, see [ID:nN1738618] The data was the latest setback for investors eager for definitive...
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BEIJING (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession. With the U.S. unemployment rate at 10.2 percent, Obama told Fox News his administration faces a delicate balance of trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction.
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LOS ANGELES — Even as he conceded there is still much hard work to do, President Obama was in a boastful mood Wednesday night, telling a star-studded crowd at a fundraising dinner that he "would put these first four months up against any prior administration since FDR." The president, speaking to a dinner that included Hollywood A-listers like Kiefer Sutherland, Marisa Tomei, Jamie Foxx, Ron Howard and Steven Spielberg, lauded the legislation he has signed since taking office but added that he is "not satisfied."
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Unemployment rate hits 8.9%
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President Obama says his proposals to crack down on corporate tax loopholes will do a lot of things, including create more U.S. jobs. "We will stop letting American companies that create jobs overseas take deductions on their expenses when they do not pay any American taxes on their profits," Obama said when announcing his proposals. In turn, Obama said, the government would offer a tax cut to companies that do their research and development in the United States. And that will "jump-start job creation," he said. Will it work? Tax policy experts and corporate lobbyists are dubious. They say that...
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Europe's Grim Outlook Challenges World Recovery Article By MARCUS WALKER and JOELLEN PERRY Europe's economy faces a deeper recession and a slower recovery than the U.S. or other parts of the world, making it the region that is most hurting prospects for an early end to the global economic slump. The EU's economy is set to contract 4% this year, even worse than the 2.8% drop projected for the U.S., according to new forecasts published Wednesday by the International Monetary Fund. Those figures came as the U.K. released a budget that includes its biggest jump in the national debt since...
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I keep hearing about how people are starved for loans, and that we'll have a credit freeze if the bailout passes. However, I bought a new car yesterday evening, and I was able to get quick financing from Honda. I therefore submit unto you all this question: are you or anybody you know having trouble getting a loan?
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