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[From the NPR report " Unfit For Work "] A person on welfare costs a state money. That same resident on disability doesn’t cost the state a cent, because the federal government covers the entire bill for people on disability. So states can save money by shifting people from welfare to disability
More: Latest Polls Not Looking Good For Merkel, 12 Days Before election
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Today Gallup reported Unadjusted unemployment climbs to 8.7% (The seasonally adjusted rate is 8.6%). Even if there is a huge jump of half a percentage point in unemployment, there will still be a major difference of opinion as to what the rate is
India in Serious Trouble (and Gold at the Heart of It) Last week India’s trade minister, Anand Sharma, came out with a laughable suggestion: RBI should consider monetizing gold . India’s central bank should look into the possibility of monetizing gold holdings, trade minister Anand Sharma said on Thursday, in the latest proposal aimed at combating a yawning current account deficit that has hammered the rupee. It was not immediately clear whether Sharma was referring to the 557.7 tonnes of gold the Reserve Bank of India (RBI) holds in its own reserves, or gold in private hands
Former prime minister Silvio Berlusconi, convicted of tax fraud, Threatens to Topple Letta If Expelled From Senate Silvio Berlusconi threatened to bring down the Italian government if Prime Minister Enrico Letta’s Democratic Party votes to expel the three-time former premier from the Senate.“We’re not available to keep the government going if the left decides to prevent the head of the People of Liberty from remaining in politics,†Berlusconi told a rally organized by the Army of Silvio supporters’ association late yesterday, according to a statement released by the group. Letta is struggling to contain tensions that have strained his coalition government since Italy’s top court upheld Berlusconi’s tax-fraud conviction on Aug
Celebrating Life: Greetings From Germany Posted by Michael Shedlock at 2:00 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy
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