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More here: Is Italy Following the Footsteps of Greece? Does Italy or Germany Exit the Eurozone First?
Total Revenues: -$468.8 million (-10%) Income Tax: $156.2 million (5%) Sales Tax: -$390.7 million (-40%) Corporate Tax: -$26.4 million (-9.1%) What the Numbers Tell Us Typically, July is a month when California revenues go on vacation, as the month accounts for about one dollar of every $20 deposited in the General Fund.
Originally posted here: Germany 6% Current Account Surplus a "Threat to the Continent" Says EU Commission; Solution is Gold Coupled…
Gary Shilling: US in Recession Now or Within 3 Months, Deleveraging Will Take 5-7 More Years In a Daily Ticker Interview with Henry Blodget, economist Gary Shilling makes the case the US is already in recession. "We’ve had three consecutive months of declines in retail sales," says Shilling, president of A. Shilling & Co., an economic research and forecasting firm
Just 14% expect today’s children to be better off than their parents Just 31% believe the U.S. economy will be stronger in one year Just 27% think the country is heading in the right direction. Just 24% of American Adults believe the job market is better than a year ago 44% think the job market is worse, up 15 points from June Demographics Suggest Majority is Right I happen to agree with the majority who think those now graduating from high school will not be better off than their parents. There are too few jobs, too much student debt, and too few workers supporting too many retirees on Social Security
Haaretz did not clarify that the statement Netanyahu is referring was both translated incorrectly and taken purposefully out of context ( here and here ).
Please consider Hermosa Beach Meter Maids Make Nearly $100K When contemplating the many reasons cities in California and elsewhere are venturing closer to bankruptcy, look no further than the relatively lucrative and often-unjustifiable salaries bestowed on municipal employees – and the lofty pension benefits attached to the high pay. One of the latest examples comes from the California coastal city of Hermosa Beach, where some community service staffers who collect money from parking meters and manage their operations – positions once widely known as “meter maidsâ€â€“ are making nearly $100,000 a year in total compensation, according to city documents. There are 10 parking enforcement employees for the 1.3-square-mile beach city southwest of downtown Los Angeles, and they pull down some disproportionate compensation, considering their job functions.
View article: Dimwit Energy Policies, Record Corn Prices, and UN Pleas for US to Change Ethanol Policy; Obama Consistently Wrong,…
 CNN also added : On Wednesday, CNN’s crew met a Libyan fighter who had crossed into Syria from Turkey with four other Libyans. The fighter wore full camouflage and was carrying a Kalashnikov rifle
Read More: Heartaches by the Number: Just 14% Think Today’s Children Will Be Better Off Than Their Parents; Just 24%…