Archive for July, 2012

“Georgia’s Banks Continue To Fail”

Unbelievably, two more banks fail in Georgia!

On Friday, five more banks failed and were taken over bringing the year’s total to 38 closures by the FDIC.

The five closed last Friday brought July’s total to seven equalling June’s total. This is only the second time in 2012 that five banks were seized in a single week.

But the big news was the loss of two more Georgia banks, the seventh and eighth this year and the 83rd failure in Georgia since the crisis began in 2008.

Georgia’s the worst, but others are not far behind.

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Posted in Economy, FDIC Foreclosures | Comments Off

“Make ’Em Pay!”

This article has been posted on The Huffington Post on 7/18.

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Corporations and the wealthy are trying to buy elections from “the people.

What’s the cost to purchase the Presidency today, or a Senator or two? Or maybe a Representative or Supreme Court Judge?

Hell, what does it cost to buy the whole damn Congress; or at least a majority of it?

The Citizens United ruling, rendered by a suspect Supreme Court, has allowed our democratic elections to be sold to the highest bidder, and with it our democracy — our freedom.

How does this effect our future?

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Posted in Election 2012, Politics, UnAmerican | Comments Off

“Unemployment Down In All States”

Year-over-year change in unemployment impressive.

In the month of May unemployment remained unchanged at 8.2% but there is some great news in the Bureau of Labor Statistics report for May.

Only three states, Nevada, California, and Rhode Island are still in double digits in the unemployment rate compared with nine states just one year ago.  And thirty-four of the states are now under the national average.

Good news, right?

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Posted in Economy, Jobs | Comments Off