Are We There Yet(R-E-C-E-S-S-I-O-N)?

By joejolly

Unemployment at 5-Year High as U.S. Loses 84,000 Jobs

The Job Losses Were Higher Than Economists Expected

Sept. 5, 2008

WASHINGTON (AP) — The nation’s unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.

The Labor Department’s report, released Friday, showed the increasing toll the housing, credit and financial crises are taking on the economy.

The report was sure to rattle Wall Street again. All the major stock indexes tumbled into bear territory Thursday as investors lost hope of a late-year recovery.

http://abcnews.go.com/Business/Economy/story?id=5733848&page=1

$100 fill-ups arrive at gas pumps

updated 8:53 p.m. EDT, Wed April 23, 2008

COALINGA, California (CNN) – Noel Bosse and Ken Davis watch as the numbers keep spinning at the gas pump — 70 bucks, 80 bucks. Gulp, guzzle, then it stops: $101 for about 25 gallons.

http://www.cnn.com/2008/LIVING/04/23/gas.prices/index.html

BBC uncovers lost Iraq billions

Page last updated at 17:25 GMT, Tuesday, 10 June 2008 18:25 UK

A BBC investigation estimates that around $23bn (£11.75bn) may have been lost, stolen or just not properly accounted for in Iraq.

http://news.bbc.co.uk/2/hi/middle_east/7444083.stm

McCain: We’ll Look Back On Iraq As An Academic Argument

Jason Linkins

The Huffingto Post

April 16, 2008 12:13 PM

http://www.huffingtonpost.com/2008/04/16/mccain-well-look-back-on_n_96979.html

Cheney And Halliburton Hold Title – Top Earners In Iraq

World Prout Assembly

By Evelyn Pringle

31 March, 2006
Countercurrents.org

There has never been an investigation into Cheney’s involvement in awarding Halliburton no-bid contracts making the company the number one war profiteerer in Iraq. Apparently people have forgotten about the March 5, 2003 e-mail between the Army Corps of Engineers and a Pentagon employee that stated the contract “has been coordinated w VP’s office…”

http://www.worldproutassembly.org/archives/2006/03/cheney_and_hall.html

Cheney Promises Georgia 1 Billion More Indebtedness to USA

the International Institute of Nonviolence

News&Opinion

By: Rev. Jermano

by djermano | September 3, 2008 at 09:36 pm |

Republican VP Dick Cheney is on his rounds to do more in destroying creditability of the USA by going to Georgia and promising 1 billion in aid after Georgia’s President Mikheil Saakashvili waged war on innocent civilians in Abkhazia and South Ossetia. Just where is Dick getting this 1 billion from? Most assuredly from the American taxpayers. The phoney war on terror has cost American tax payers its highest debt in US history…

http://www.nowpublic.com/world/cheney-promises-georgia-1-billion-more-indebtedness-usa-0

US ‘to modernise Polish military’

BBC NEWS

Last Updated: Monday, 10 March 2008, 17:22 GMT

The US has agreed to help modernise Poland’s military as part of a deal to base 10 missile defence interceptors on Polish soil.

President George W Bush made the promise during talks with Polish Prime Minister Donald Tusk in Washington…

http://news.bbc.co.uk/2/hi/europe/7287843.stm

Are WE there yet??

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