Obama's Budget Revealed

Money for Wars and Weapons, While More Americans Face Joblessness and Hunger

By Jo Comerford

The latest federal budget opens the American public to yet more pain, while shielding the military and the rest of the national security establishment from the same.

//www.informationclearinghouse.info/article24907.htm



Economists: Another Financial Crisis on the Way

By Matthew Jaffe

Even as many Americans still struggle to recover from the country's worst economic downturn since the Great Depression, another crisis -- one that will be even worse than the current one -- is looming, according to a new report from a group of leading economists, financiers, and former federal regulators.

//www.informationclearinghouse.info/article24903.htm



Mass Layoffs Increase in January

Employers laid-off 182,261 workers, seasonally adjusted, in 1,761 mass layoff events last month, the Labor Department said Tuesday. A mass layoff is when a single employer terminates at least 50 people.

//snipurl.com/umdti



Postal Service to shed another 30,000 jobs

The U.S. Postal Service said on Tuesday that it would reduce its workforce by another 30,000 positions and slash overtime this year in an effort to reduce costs.

//snipurl.com/umdtq



15,000 S.F. workers face layoffs, shorter weeks

More than 15,000 San Francisco city workers across all departments will receive layoff notices Friday, and most of them will have the option of being rehired to work a shorter week, Mayor Gavin Newsom said Tuesday.

//www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/02/BA471C9UVR.DTL&tsp=1



More consumers file for bankruptcy protection

The economic recovery effort has not slowed consumer bankruptcy filings. They surged 14% in February compared with a year earlier, according to the American Bankruptcy Institute.

//www.usatoday.com/money/economy/2010-03-03-bankruptcy03_ST_N.htm


From Information Clearing House



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//freepage.twoday.net/search?q=national+security
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//freepage.twoday.net/search?q=national+security
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