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Business

We're in a Recession Because the Rich Are Raking in An Absurd Portion of the Wealth
Business  (tags: wealth, recession, ultra rich, obscene profits )

Ellyn
- 1461 days ago - alternet.org
Our economy can't thrive when the richest 1% get an ever larger share of the nation's income and wealth, and everyone else's share shrinks.
The New Poor - Peddling Relief, Firms Put Debtors in Deeper Hole
Business  (tags: recession, debt settlement programs, buyer beware, rip-off, virtual ponzi schemes, predatory lending, preying on the poor, BBB, state attorneys general, US Organization for Bankruptcy Alternati, scam )

Judy
- 1480 days ago - nytimes.com
Consumers rarely emerge from debt settlement programs with their credit card balances eliminated, these critics say, and many wind up worse off, with severely damaged credit, ceaseless threats from collection agents and lawsuits from creditors.
Disturbing Job Ads: 'The Unemployed Will Not Be Considered'
Business  (tags: americans, business, economy, labor, money, unemployment, recession, jobs, ethics, society )

Carol
- 1493 days ago - huffingtonpost.com
Still waiting for a response to the 300 resumés you sent out last month? Bad news: Some companies are ignoring all unemployed applicants.
SEC Porn Probe: Staffers Watched Porn As Economy Crashed
Business  (tags: Charles Grassley, Financial Crisis, Goldman Sachs, Images, Inspector General, Internet, Movies, Pornography, Recession, Regulation, Sec, Securities And Exchange Commisison, Sex, Business News )

Judy
- 1538 days ago - huffingtonpost.com
Senior staffers at the Securities and Exchange Commission spent hours surfing pornographic websites on government-issued computers while they were being paid to police the financial system, an agency watchdog says.
Shaving Real Estate Commissions Can Save Sellers Thousands
Business  (tags: Real Estate, CA, commissions, recession, depression )

Kristi
- 1675 days ago - latimes.com
Some brokers are willing to lower their fees or help their clients save in other ways. But you have to ask.
Recession's Lost Youth, By Ross Gittins, Sydney Economist
Business  (tags: economics, Ross_Gittins, recession, youth, voters, politics )

Jenny
- 1701 days ago - smh.com.au
POLITICIANS run the economy for the benefit of the old, not the young. That's because the middle-aged and old are a bigger and more demanding group of voters. The less interest young people take in politics, the more they are likely to be...
Bank of America Loses $2.24B as Loan Losses Rise
Business  (tags: Bank of America, recession )

Kristi
- 1725 days ago - newsobserver.com
CHARLOTTE, N.C. -- Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing further evidence that consumers are still struggling to pay their bills.
Americans Swap Homes for Hotels as Recession Bites
Business  (tags: americans, society, humans, housing, recession, society, money, news, consumers, economy, foreclosures )

Cal
- 1824 days ago - reuters.com
Some Americans are swapping homes for motels as the ranks of the homeless swell during the recession, crowding out shelters and forcing cities and states across the country to find new types of housing.
Blue Collar Males Lose More Ground
Business  (tags: society, business, recession, labor, humans, americans, economy )

Cal
- 1877 days ago - reuters.com
Rodney Ringler is an unemployed blue collar male without a college degree. He's hardly alone. Men like him have been the main victims of the current recession in the United States
Extra, Extra! Homeless Lift Street Papers, and Attitudes
Business  (tags: humans, homeless, newspapers, recession, growth, americans, business, consumers, economy, Entrepreneurs, environment, investing, money, news, society )

Barb
- 1910 days ago - nytimes.com
Newspapers produced and sold by homeless people in dozens of American cities are flourishing even as the deepening recession endangers conventional newspapers. At many of them, circulation is growing, along with the sales forces dispatched to sell the....
Recession Dollar Bill
Business  (tags: Dollar, recession, obama, economy, USA )

Djole
- 1913 days ago - bored-place.com
The US Treasury department has issued a new dollar bill
Circuit City : Out Of Business
Business  (tags: Republicans, fiscal irresponsibility, George Bush, recession, depression, economy, bank failures, business failures, layoffs, unemployment, tent cities )

Blue
- 1945 days ago - bagnewsnotes.com
For me, what's poignant about the photo is the way it "emblemizes" how FUBAR the country is as a result of rampant consumption and irrational exuberance
AP: Bailed Out Banks Sought Thousands Of Foreign Workers For High-Paying Jobs
Business  (tags: Bailout Banks Sought Foreign Workers, Banking Bailout, Banks Bailout, Banks Sought Foreign Workers, Economy, Financial Bailout, Financial Crisis, Recession, Business News )

Blue
- 1983 days ago - huffingtonpost.com
The dozen banks now receiving the biggest rescue packages, totaling more than $150 billion, requested visas for more than 21,800 foreign workers over the past six years for positions that included senior vice presidents, corporate lawyers.....
CEOs Boosting Their Pensions While Workers Pensions Go Poof
Business  (tags: American Greed, CEO Greed, Ceos, Class Warfare, Corporate Greed, Economic Crisis, Economy, Financial Crisis, Greed, Jobs, Money, Pensions, Recession, Recession Fears, Working Life, Business News )

Blue
- 1989 days ago - huffingtonpost.com
CEOs are getting major boosts in their pensions, while the pensions of most Americans have either disappeared or take a major hit.
More Families With Children Becoming Homeless
Business  (tags: Depression, Economy, Homeless, Homeless Families, Homelessness, Recession, Bush, Republicans, Neocons, PNAC, bank failures, illegal wars, Business News )

Blue
- 2086 days ago - huffingtonpost.com
Local authorities say the number of families seeking help has risen in Atlanta, Boston, Denver, Minneapolis, New York, Phoenix, Portland, Seattle and Washington.

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