By BINYAMIN APPELBAUM WASHINGTON — The recent financial crisis left the median American family in 2010 with no more wealth than they had in the early 1990s, erasing almost two decades of accumulated prosperity, the Federal Reserve said Monday. The median family, richer than half of the nation’s families and poorer than the other half,…
Tag Archive for Decades
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Wisconsin recall shows labor isn’t coming back. Washington Post
by Newswires • • 0 Comments
…labor’s inability to win the recall is more evidence of their inability to reverse their own structural decline. They’re not winning on worksites, as the share of the labor force that’s unionized has been dropping for decades, and they’re not winning at the ballot box. …Labor is getting weaker. And corporations, in part due to…
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Nuclear Regulatory Chief Jaczko Resigns – Wall Street Journal
by Newswires • • 0 Comments
The RepublicNuclear Regulatory Chief Jaczko ResignsWall Street JournalBy RYAN TRACY "This is the right time to pass along the public safety torch," Mr. Jaczko said Monday in a written statement. Mr. Jaczko steered the agency through the worst…
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China’s secret? It owes Americans nearly $1 trillion – Bradenton Herald
by Newswires • • 0 Comments
New York TimesChina's secret? It owes Americans nearly $1 trillionBradenton HeraldBy RICHARD PARKER The Chinese government doesn't like to talk about it and the US government doesn't want to raise it. But decades ago, Beijing defaulted on d…
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Foreign Secretary Tells Brits to Quit Grumbling and Work Harder (via AFP) Full Story
by Newswires • • 0 Comments
Britons told to work harder and stop complaining (via AFP) There is only one way Britons can drag their country out of recession: “work harder”, Foreign Secretary William Hague said in an interview published Sunday. Hague said Britain’s national work ethic had been declining for decades, with people convinced they could “live on expanded debt…
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Socialist Hollande ousts Sarkozy in French vote
by Newswires • • 0 Comments
Francois Hollande was elected France’s first Socialist president in nearly two decades on Sunday, dealing a humiliating defeat to incumbent Nicolas Sarkozy and shaking up European politics. The result will have major implications for Europe as it struggles to emerge from a financial crisis and for…
Must Read
Why David Stockman isn’t buying it
by Bears Chat at The Wall Street Examiner • • 0 Comments
Stockman suggests you’d be a fool to hold anything but cash now, and maybe a few bars of gold. He thinks the Federal Reserve’s efforts to ease the pain from the collapse of our “national leveraged buyout” — his term for decades of reckless, debt-fuel…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: Is Your 401(k) Ready for a 70% Haircut?
by Pretzel Logic • • 0 Comments
If you knew with pretty good certainty that the market was within a few percentage points of a long-term top, how would you behave? Would you warn your friends and family? I would… and have.
Could I be wrong about what’s…
Bears Chat, Best of the Forums
Three Types of People to Fire Immediately
by Bears Chat at The Wall Street Examiner • • 0 Comments
The Innovation Engine
November 08, 2011, 2:28 PM EST
Three Types of People to Fire Immediately
Want a more innovative company? Get rid of these folks. Today
By G. Michael Maddock and Raphael Louis Vitón
“I wanted a happy culture. So I fired all…
Bears Chat, Best of the Forums, Must Read
2 BIG papermills just reopened in Maine – but at $11 to $19/hr
by Bears Chat at The Wall Street Examiner • • 0 Comments
http://bangordailynews.com/2011/09/16/business/it%E2%80%99s-official-n-
h-investor-buys-2-katahdin-region-paper-mills/
Returning workers will get their old wages, up to $21/hr, but new workers will get $11/hr for the first 4 years. Millinocket & EMil…
