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August 17, 2012 0

New Jersey Unemployment Hits 35-Year High of 9.8%; What Does That Suggest About Retail Sales?

By News Desk

New Jersey Unemployment Hits 35-Year High of 9.8%; What Does That Suggest About Retail Sales? Posted by Michael Shedlock at 12:48 AM 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

August 16, 2012 0

Syria Update: Terror & Hypocrisy

By News Desk

Thursday, August 16, 2012 Syria Update: Terror & Hypocrisy US-backed terrorists bomb UN in Damascus – US Defense Secretary Leon Panetta’s obtuse hypocrisy turns US into international laughingstock. James Corbett 

August 15, 2012 0

Syracuse New York Headed For Bankruptcy, 100% Certain

By News Desk

Please consider this news headline which I openly mock: Expert says bankruptcy for Syracuse is unlikely, but mayor should explore option While the financial situation in the city of Syracuse hasn’t been described as desperate yet, Mayor Stephanie Miner has asked for some legal expertise on municipal bankruptcy. The signs of the city’s financial problems have been evident for several years as city employees accept wage freezes and fire and police departments see staff reductions. The city will use an early payment from Albany to help keep the budget from dipping into dwindling reserves.

August 14, 2012 0

The Guillotine Drops

By News Desk

The Guillotine Drops A few weeks ago, before Joe Paterno’s statue was removed, Eli wrote in a post entitled Death Penalty Eli, as some have noted, is an ancient professor, an academic if you will.  He has followed the collapse of governance at Penn State with the interest of a bunny watching a disaster unveiled, and recently saw much back and forth about the NCAA (the folks who profit from and do the pompous on intercollegiate athletics in the US) imposing the death penalty on football at PSU.