Save "Are" Teachers (Mish)
"Here is an image from a teacher inspired protest in Des Moines Iowa.
Terry Hoffman, a language teacher, organized the kids.
It might behoove Hoffman to spend more time teaching grammar.
Fortunately she is retiring."
"April 23 (Bloomberg) -- U.S. government bailouts, including funds for Citigroup Inc. and American International Group Inc., will cost taxpayers about $87 billion, according to a letter Treasury Secretary Timothy F. Geithner sent congressional leaders.
The Troubled Asset Relief Program will lose about $117 billion, and funding related to Fannie Mae and Freddie Mac will cost taxpayers another $85 billion, Geithner said in a letter today to the Democratic and Republican leaders in the Senate and House. The government expects to make about $115 billion on Federal Reserve programs, including the purchase of mortgage- backed securities, he wrote."
- 2) Riots as Greece asks for bailout (Video)
"Greek riot police fired teargas on Friday at leftwing protesters marching through central Athens against austerity measures.
The main Greek public sector union brought nurses, teachers and other public service workers onto the streets of the Greek capital."
.................2A) Greece still in trouble, may delay bond payments
"Calling it a "sensible and modest" solution to Washington's historic budget crisis, Gov. Chris Gregoire on Friday approved a revenue package that nets roughly $780 million to avoid deeper cuts in education, health care and human services.
Consumers will pay more for a basketful of convenience-store favorites: Soda, bottled water, major-brand beer, candy and cigarettes. Service businesses will send the state a larger share of their gross sales, from attorneys and lobbyists to hairdressers and janitors.
Out-of-state companies also were targeted for more revenue, either by recalculating how taxes are charged or shrinking certain exemptions in response to court rulings. A collection of smaller loopholes and other exemptions also were closed or downsized."
"Look at this graph and be afraid. It does not come from Earth First. It does not come from the Sierra Club. It was not drawn by Socialists or Nazis or Osama Bin Laden or anyone from Goldman-Sachs. If you are a Republican Tea-Partier, rest assured it does not come from a progressive Democrat. And vice versa. It was drawn by the United States Department of Energy, and the United States military's Joint Forces Command concurs with the overall picture.
What does it imply? The supply of the world's most essential energy source is going off a cliff. Not in the distant future,but in a year and a half. Production of all liquid fuels, including oil, will drop within 20 years to half what it is today. And the difference needs to be made up with "unidentified projects," which one of the world's leading petroleum geologists says is just a "euphemism for rank shortage," and the world's foremost oil industry banker says is "faith based."
The original graph is available here " (Graphs and info are from April 7)
"Nationally, employers took 1,628 mass layoff actions in March that resulted in 150,864 workers being laid off, according to the labor department’s data. The number of mass layoff events is 58 more than reported for February.
However, the number of events nationally has decreased in five of the last seven months, and the number of initial claims has decreased in six of the last seven months.
The national unemployment rate was 9.7 percent in March 2010, seasonally adjusted, unchanged from February but up from 8.6 percent a year earlier. Unemployment in the Albany metro area is 7.2 percent, the highest ever recorded for this time of year."
"Red-light cameras are winning favor in the Legislature because they generate fines for a cash-starved state.
BY JOHN FRANK
Herald/Times Tallahassee Bureau
TALLAHASSEE -- The legislative debate Friday about red-light cameras pitted public safety against an Orwellian nightmare.
But in the end, Florida is poised to expand the use of the controversial monitoring devices for one reason: money.
The legislation -- which won approval in the House and is expected to pass the Senate next week -- allows localities to install cameras at intersections and charge a $158 civil fine to motorists caught running the red light.
With a $3.2 billion deficit, lawmakers made sure the state would receive a good chunk of the new money. In fact, state budget writers are already crafting plans to spend the first-year infusion of $39 million and expect an additional $122 million in revenues next year."
- Other news and headlines:
Real estate bubble grows in S.Korea
Ukraine Seeks $20 Billion Program From IMF, Tigipko Says
Two Icelandic banks file for bankruptcy, state takes over
CF Industries Sells Debt as Junk Issuance Rises 58%
Ex-Moody's exec didn't know Paulson shorted Abacus
Hawaii hurricane fund may be tapped to end teacher furloughs (Hawaii)
Sales tax revenue plummets in Sacramento region
IN DEPTH: Pensions:City can't keep up with cost (Glendale)
All Palo Alto Crossing Guards May Lose Their Jobs
Cash Crunch Continues At MTA (NY)
Thailand turmoil shuts down scores of businesses
Don't believe the hype on GM's loan repayment
............Taking another Sunday off. Enjoy the weekend!
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