Washington’s Serious People Are on the War Path Against Middle-Income and Poor People Economy in Crisis ...The Serious People in Washington, such as The Washington Post (both the opinion and news sections), the Wall Street Campaign to Fix the Debt, and the Republican Congressional leadership are in full budget-cutting frenzy. They demand cuts to Social Security, Medicare, Medicaid and everything else that benefits middle income and poor people because, well, because the market demands it...
Shoppers Disappoint Retailers This Holiday Season Associated Press ...U.S. shoppers spent cautiously this holiday season, a disappointment for retailers who slashed prices to lure people into stores and now must hope for a post-Christmas burst of spending...
Why Malls Are Getting Mauled Jeff Jordan ...Online retailers are relentlessly gaining share in many retail categories, and offline players are fighting for progressively smaller pieces of the retail pie. A number of physical retailers have already succumbed to online competition including Circuit City, Borders, CompUSA, Tower Records and Blockbuster, and many others are showing signs of serious economic distress...
Ted Koppel: “Fox News is Bad for America” The Big Picture ...He notes that there is no question when watching FoxNews where the ideological bent comes from...
Decline in foreclosure backlog may give false hope Palm Beach Post ...More than 40 percent of foreclosures cleared from Florida’s courts in recent months were dismissals, cases that likely will boomerang back into the overloaded judicial system when lenders are better prepared to continue their pursuit...
Teamsters picket Paterson's Crown Roll Leaf The Record ...About 50 employees who picketed outside Crown Roll Leaf, Inc. on Monday are preparing for a possible strike later this week to protest proposed new contract terms that call for 10-percent pay cuts and increases to health-care costs, union members said...
