Economy News For 10 Aug 2010

[Cheryl Nelson]

Fed, Worried About Recovery, Will Buy US Debt

http://finance.yahoo.com/news/Fed-worried-about-recovery-apf-2353655020.html?x=0

 

Productivity Falls 0.9% In 2Q

http://finance.yahoo.com/news/Productivity-falls-09-percent-apf-3260237898.html?x=0

 

Stocks Cut Losses On Fed's Economic Stimulus Plan

http://finance.yahoo.com/news/Stocks-cut-losses-on-Feds-apf-3320628364.html?x=0

 

GOP Destroyed American Economy

http://www.marketwatch.com/story/reagan-insider-gop-destroyed-us-economy-2010-08-10

 

Geithner's Claptrap About "The Recovery" Exposed

http://www.telegraph.co.uk/finance/economics/7935482/Fed-could-climb-aboard-QE2-to-boost-stalled-US-recovery.html

 

Gold Thefts Prompt Police To Monitor Sellers

http://www.guardian.co.uk/world/feedarticle/9213118

 

San Fran Fed:  Significant Chance Of Recession Next Two Years

http://www.reuters.com/article/idUSTRE67842X20100809?feedType=RSS&feedName=businessNews&rpc=23&sp=true

 

A Democratic Panic Attack?  Rumors Of An "August Surprise"

http://www.cnbc.com/id/38600623

 

Side Effect Of The New Frugality:  Happiness

http://www.msnbc.msn.com/id/38614402/ns/business-the_new_york_times/

 

[RLP]

I'm with you on this one Cheryl - a big fat wrong! Any day our market could crash and people will be jumping out of windows again. We aren't in a recession any more, but on the fringe of a depression. Trillion dollar deficit and its not getting any better. Food is so high, unemployment rampant, and the notable economists all concur we are circling the toilet drain in the big flush!

[Cheryl Nelson]

Wrong!