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Keyword: obamonics

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  • Latinos, blacks take harder hit amid recession (You can't make this up BARF alert)

    11/22/2009 12:41:03 PM PST · by markomalley · 24 replies · 689+ views
    Boston GLobe ^ | 11/21/2009 | Joseph Williams
    Latinos and African-Americans in Massachusetts and across the country are facing high unemployment rates that could spiral to levels not seen in decades as the jobless economic recovery drags on, analysts and urban community advocates say. At the same time, some big-city mayors and community activists complain that the $787 billion federal stimulus package that the Obama administration promised would preserve or create jobs has not put a significant dent in urban unemployment, threatening to leave blacks and Latinos behind when the economy finally turns around. The Congressional Black Caucus and civil rights organizations are calling for a targeted aid...
  • MTV Networks Drops the Axe (layoffs at MTV, VH1, and LOGO)

    06/25/2009 10:51:47 AM PDT · by a fool in paradise · 38 replies · 946+ views
    Broadcasting & Cable ^ | 6/23/2009 2:37:49 PM MT | Claire Atkinson
    MTV Networks is axing around 75 staff Tuesday, executives at the company confirmed. The cuts mainly affect mid-level executives in the program development department, digital division and scheduling at the company's music and logo group which houses channels including MTV, VH1 and Logo. A spokeswoman confirmed the news saying the cuts were a result of the recession. "We have been taking a look at our business and how to position ourselves for future growth. It's pretty much the economy," she said, adding that the cuts accounted for less than 1% of MTV Networks' workforce. The executive couldnt discuss how many...