Government Has Pledged $12.8 Trillion on Bailouts

Every Household on the Hook for $109,887
http://snipurl.com/id8vk



Housing construction, permits hit record lows

The Commerce Department said construction of new homes and apartments fell 12.8 percent last month to a seasonally adjusted annual rate of 458,000 units -- the lowest pace on records going back a half-century.

http://finance.yahoo.com/news/Housing-construction-drops-apf-15288681.html?.v=6



Present Economy worse than Depression

Video

Interview with Nassim Nicholas Taleb, famous economist and author of "The Black Swan" and Dr. Mandelbrot, professor of Mathematics. Both say that the present economy more serious than the Great Depression, and the economy during the American Revolution.

http://www.youtube.com/watch?v=H3zZ6qNWeGw


From Information Clearing House



http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=Great+Depression

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