September 28, 2008
Atlanta, GA (FOX) - A record number of Americans receiving food stamps. Gas prices at an all-time high, and staples such as milk, eggs and bread costing a prettier penny every week. The average number of Americans filing for unemployment benefits reached its highest level in two years last week, while just this week, construction spending fell for the fifth straight month and manufacturing activity shrank to its lowest level in five years. Real estate values are even plummeting in the Hamptons, and hedge funds started off 2008 with their worst quarter ever.
Most economists are no longer debating whether there will be a recession in 2008. Now, they’re arguing over when the recession started — was it last November, or December? — and how bad it’s likely to get. While they bicker, however, a far more terrifying economic specter from the distant past has sent a chill through the infosphere. Read the rest of this entry »
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Great Recession 2008-2009 | Tagged: Economy, Great Depression, Recession, Stock Market, Wall Street |
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Posted by Florida Patriot News
September 27, 2008
Richmond, VA - Dysfunctional capital markets, frantic central banks, stressed-out consumers, fear and uncertainty — all are alarming echoes of the global economic cataclysm of the 1930s.
Which raises the inevitable question: Could another Great Depression be lurking over the horizon?
TV news programs show grainy footage of Depression-era bankers as reporters tick off grim economic statistics. The Federal Reserve invokes powers it hasn’t used since the 1930s. Critics of President Bush’s economic policies are emboldened to use the H-word: “Hoover.”
On the surface, there are disquieting parallels between economic conditions in the early 1930s and those of today. There is the popping of enormous asset bubbles — stocks then, housing now. Read the rest of this entry »
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Great Recession 2008-2009 | Tagged: Bail Out, Broke, Confederate, Dixie, Empire, Federal Empire, Great Depression, Oil Prices, Poor, Recession, Southron, Stock Market, US Depression |
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Posted by Florida Patriot News
September 26, 2008
Washington DC (ABC NEWS) - Barack Obama has seized the reins of economic discontent, vaulting over John McCain’s convention gains by persuading voters he both better understands their economic troubles and can better address them.
Concerns about the economy have spiked since the global financial crisis roiled the stock market and sparked a proposed government bailout.
Fifty-three percent of registered voters in this new ABC News/Washington Post poll call the economy the single most important issue in the election, up 12 points in two weeks to an extraordinary level of agreement.
The public is cool to the bailout itself, underscoring economic uncertainty. Read the rest of this entry »
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Federal News, Great Recession 2008-2009, Obama's Marxist Revolution of 2009 | Tagged: 2008 Presidential Elections, Bail Out, Barack Obama, Economy, John McCain |
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Posted by Florida Patriot News
September 25, 2008
Richmond, VA (FOX Business) - It’s official. Mark your calendars. The crash of the U.S. economy has begun. It was announced the morning of Wednesday, June 13, 2007, by economic writers Steven Pearlstein and Robert Samuelson in the pages of the Washington Post, one of the foremost house organs of the U.S. monetary elite.
Pearlstein’s column was titled, “The Takeover Boom, About to Go Bust” and concerned the extraordinary amount of debt vs. operating profits of companies currently subject to leveraged buyouts.
In language remarkably alarmist for the usually ultra-bland pages of the Post, Pearlstein wrote, “It is impossible to predict when the magic moment will be reached and everyone finally realizes that the prices being paid for these companies, and the debt taken on to support the acquisitions, Read the rest of this entry »
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Great Recession 2008-2009 | Tagged: Depression, Economy, Great Depression, Recession, Stock Market Crash |
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Posted by Florida Patriot News
September 25, 2008
Tampa, FL - based Shells Seafood Restaurants filed for Chapter 11 bankruptcy protection in Tampa, say documents filed Wednesday with the Securities and Exchange Commission.
The company will continue to run its restaurants while reorganizing finances and being protected from creditors. Shells, meanwhile, closed eight of its 22 units, including sites in Orlando and the surrounding area. All Shells restaurants are in Florida. Read the rest of this entry »
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Great Recession 2008-2009 | Tagged: Bankrupt, Depression, Florida Business, Florida Economy, Recession, Shells, Shells Seafood |
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Posted by Florida Patriot News
September 23, 2008

Chicago, IL – What comes first, the dropping poll numbers or the rising realization that Barack Obama is a phony? While I am sure we can all cite numerous instances where the Marxist Messiah’s mouth has proven to be makeshift myth, women will be pleased to focus on only one.
What He Says
As reported by Deroy Murdock in the September 13th New York Post, Barack Obama appears to be blowing smoke on pay equity for women. Read the rest of this entry »
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Obama's Marxist Revolution of 2009 | Tagged: 2008 Presidential Elections, Barack Hussein Obama, Barack Obama, Barack Obama is sexist, Womens Rights |
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Posted by Florida Patriot News
September 22, 2008
Tampa, FL - For those that got an opportunity to catch the NBC Today morning shows broadcast live from the historic University of Tampa on the shores of the Hillsborough River you will understand what I’m about to say, for those that missed it, well allow us to fill you in on what an embarrassment it was for native Tampians.
In a one time only event, well one time until the 2012 elections that is, the ultra liberal NBC network decided to dispatch its over rated morning show, the Today Show, to all the key battle ground states. Which ironically are only key in the eyes of Marxist Barack Obama whom needs a liberal surge if he has any chance of even coming close to taking them away from McCain’s iron grip. Read the rest of this entry »
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Illegal Alien Invasion, Liberal Fascism, Southern Culture News | Tagged: Confederate Florida, Confederate Tampa, Cuban Sandwich, Cuban Tampa, NBC, Today Show |
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Posted by Florida Patriot News