August 12, 2010
– Comments (1)
America's economy is driven by jobs.....and Benny Bin Bernanke's Zombulation policy of cutting off the private sector from credit and giving credit to Washington and Wall Street is destroying jobs in America.....50% of all employment comes from small business
and if there are no jobs in an area.....homes in that area are worthless.......ala Detroit.
REGARDLESS HOW LOW INTEREST RATES GO.....
Mortgage Rates Hit New Low of 4.44 pct.
and we are losing jobs are a percentage of total employment at the fastest rate in American History as tax receipts evaporate and the last two areas of massive employment are now getting gutted....government(education) and healthcare......
you can only borrow and give the money to your buddies for so long until everything collapses when an economy is dependent on jobs and job growth to function.....remember, we are a domestic leveraged consumption economy.....
without leveraging the consumer....we have no economy and EVERYTHING eventually shuts down...
Aviat Networks - Job Cuts , Unknown Number
Suffolk Downs in MA - Job Cuts Possible
City of Hazlet NJ - 3
The Teleperformance customer service call center in Abilene - Job Cuts Expected Friday
Kansas City School District - 175
Buffalo NY Schools - $8 Million in Aid, Might not be Enough to Prevent Layoffs
Grambling State University - Furloughs / Reduced Hours
Callaway Golf Corporation in Chicopee - Cuts in Work Force Coming
The city of Fort Worth's Texas - More Layoffs Coming
Pizza Hut in Parma ?
Denim brand Evisu Shutting down NY Office, Back to Hong Kong
Special Days Cards and Gifts ( International )
Silvert's Furniture in Freehold NJ
Treasures 4 Teachers to Close Supply Center
Rockin’ Ham Bar & Grille in Davenport IA Closing Becoming a Parking Lot
Luke's Record Exchange in Pawtucket RI
The Learning Tree Academy child care center in Arvada CO
Z Galleries on Pine Avenue in Long Beach CA
Baja 600 at 600 Ward Parkway
Tattoo Charlie’s of Kentucky Closing Berry Boulevard Store
And as more and more are not working...regardless what the "umeployment rate" is reported to be.....the population will get more and more restless......
and what good is money if you can't safely go out with your family?