Monday, May 21, 2012
1. Euro CRISIS: It could be "game over" for Greece as early as tomorrow
 
2. A stock market update from "Dr. Copper"
 
3. New discovery puts an end to the 2012 Mayan "apocalypse" predictions
 
4. This unusual "indicator" could be the best warning that Greece is leaving the euro
 
5. You won't believe who JPMorgan just put in charge of its huge derivatives portfolio
 
Unemployment CARNAGE hits California
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Monday, June 22, 2009
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From Newsmax:

California's unemployment rate jumped nearly half a percentage point in one month to a record 11.5 percent in May, and Governor Arnold Schwarzenegger Friday warned the economy would not recover quickly.

Led by a drop in government jobs -- a reflection of the state slashing its own payroll to try to cope with a mounting budget gap and the possibility it will run out of cash, the May rate was nearly 2 percentage points ahead of the national 9.4 percent rate, the California Employment Development Department reported.

Read full article...

More on distressed California:

An excellent article on why California is failing

California disaster continues: Unemployment rate climbs to three-decade high

California bureaucrats debate blueberry commission as state enters meltdown stage

Topics: California | Recession | Boondoggle
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