Economy News for Wed 11 Sep 2013

[Cheryl Nelson]

$1 Trillion In US Bank Deposits Held Abroad Will No Longer Be Insured

http://www.zerohedge.com/news/2013-09-10/1-trillion-us-bank-deposits-held-abroad-will-no-longer-be-insured

Housing Market Resumes This Damaging Downtrend

http://wallstcheatsheet.com/stocks/housing-market-resumes-this-damaging-downtrend.html/?ref=YF

US Income Gap Soars To Widest Since "Roaring 20s"

http://www.zerohedge.com/news/2013-09-11/us-income-gap-soars-widest-roaring-20s

United States sets another food stamp record: Households on food stamps at new peak and more Americans live in poverty compared to the entire population of Spain.

http://www.mybudget360.com/food-stamp-usage-americans-record-high-more-than-spain-number-of-food-stamp-families/

Labor Participation Lowest Since 1978

http://money.cnn.com/2013/09/06/news/economy/labor-force-participation/index.html?iid=SF_E_River

August Jobs Report:  Hiring Continues As Unemployment Falls

http://money.cnn.com/2013/09/06/news/economy/august-jobs-report/index.html?iid=SF_E_River

An Alarming Jump In "Job Losers"

http://money.cnn.com/2013/09/06/news/economy/job-losses/index.html