Even Mitt’s millions might not be able to help him in the Michigan primary, where voters know he would have let the big auto companies go bankrupt. More here.
Category: The New Depression
Don’t trust MSNBC, either
If you watched MSNBC this week, you might have thought the government’s foreclosure settlement with the big banks was a victory for ordinary citizens. Oh, really? More here.
In need
Reagan’s wrecking crew
Reagan’s legacy is the lie that the 99 percent, through hard work and dog-eat-dog selfishness, can become the one percent. More here.
Jonathan Chait is mean
Katrina and Black History Month
The disastrous storm’s devastation of poor black sections of New Orleans sparked creation of ColorOfChange, dedicated to the rebuilding of Gulf Coast communities.
Scrapple TV News: Republican Raucus Caucus! Stu Bykofsky’s Love Tips! Why the Catholic Church hates birth control! And a Philly Fire Sale!
It’s all here, at the only news source you can really trust!
With the most Trusted Name in Fake Internet News… your friend and mine… the man with the plan, the flower of the hour of power in a sexy shower…
AP TICKER! [makes fake applause noises]
F*cked
The United States of Unemployment – The Roller Coaster:
‘New great depression’
Krugman:
Whee
(Reuters) – The number of planned layoffs at U.S. firms surged in January to its highest level in four months as retailers and financial firms cut jobs, a report on Thursday showed.
Employers announced 53,486 planned job cuts last month, up 28 percent from 41,785 in December, according to the report from consultants Challenger, Gray & Christmas, Inc.
January’s job cuts were also up from the same time a year ago, gaining 38.9 percent from the 38,519 layoffs announced in January 2011.
A surge in job cuts at the start of the year is not unusual, the report said. January is historically the heaviest month of cuts, averaging 101,084 layoffs between 1993 and 2001.