Tim Geithner Refuses to Answer Congressman Brad Sherman’s Question on Derivatives Bailouts
Reader “Countrytek” recommended this NPR news story: Many Left Uncounted in Nation’s Official Jobless Rate
Items from The Economatrix:
Baby Boomers to Kids: Kiss the Inheritance Good-bye
Obama Rejects Second Round of Stimulus First infusion [was] “not designed to work in four months…designed to work over two years.”
Christmas Creeps into July at Sears
US Budget Deficit Tops $1 Trillion for First Time
After Losing Homes, Families Move into Tents
Awash With Cash (The Mogambo Guru)
Study: State Budget Crunches Will Slow Economy
Republicans Unify Against More Stimulus Spending Call $787 billion plan ‘flop,’ say it hasn’t fulfilled its hype
Obama Urges Patience on Economic Plan ‘It will steadily save and create jobs as it ramps up over this summer and fall’