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Monthly Archives: April 2011
Tough Luck Workers, You’re Screwed
That was the message of Federal Reserve Chairman Ben Barnanke at his press conference on April 27. His latest effort nicknamed QE2 was to spend $600 billion on Treasury Bonds. The idea was the Treasury Bonds market would dry up … Continue reading
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The River of Jobs Flowing Overseas
From Amy Goodman’s “Democracy Now” April 19, 2011. “In economic news, new data from the U.S. Department of Commerce shows the largest U.S. multinational companies cut their work forces in the United States by 2.9 million over the past 10 … Continue reading
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