Jobless, Cities Could Be First To Feel Budget Pain

Who’ll be the first to feel the sting? Jobless Americans who have been out of work for a long time and local governments that are paying off loans to fix roads and schools are in tough spots when it comes to the automatic federal budget cuts that are scheduled to kick in Friday. About 2 […]

Associated Press
By Associated Press

Who'll be the first to feel the sting? Jobless Americans who have been out of work for a long time and local governments that are paying off loans to fix roads and schools are in tough spots when it comes to the automatic federal budget cuts that are scheduled to kick in Friday. About 2 million long-term unemployed people could see checks now

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Wal-Mart Worries About Slow February Sales — Are Americans Broke Or Boycotting The Retailer?

(MintPress) – Late last week the online news site, Bloomberg, reported they obtained leaked emails from Wal-Mart executives calling early February sales a “total disaster.” Now some in the retail industry are panicking that the reason Wal-Mart saw the worst sales in seven years so far this February is because customers are broke. Brian Sozzi, chief […]

Katie Rucke
By Katie Rucke

(MintPress) - Late last week the online news site, Bloomberg, reported they obtained leaked emails from Wal-Mart executives calling early February sales a “total disaster.” Now some in the retail industry are panicking that the reason Wal-Mart saw the worst sales in seven years so far this February is because customers are broke. Brian Sozzi,

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Federal Government To Stop Enrollment For Coverage Of Pre-Existing Conditions: Who Will Be Left Out of The Affordable Care Act?

One in every two Americans can be affected by a “pre-existing medical condition.” As reported in an analysis from the Department of Health and Human Services, 50 to 129 million non-elderly Americans currently have some type of pre-existing condition, which could range from the life-threatening — such as cancer and high-blood pressure — to the chronic […]

Frederick Reese
By Frederick Reese

One in every two Americans can be affected by a “pre-existing medical condition.” As reported in an analysis from the Department of Health and Human Services, 50 to 129 million non-elderly Americans currently have some type of pre-existing condition, which could range from the life-threatening — such as cancer and high-blood pressure — to the

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CEOs Solution To “Fix The Debt” — Cut Medicare And Social Security — Rich Might Need A New Yacht

(MintPress) – A group of more than 100 big company CEOs have created a “non-partisan” campaign entitled “Fix the Debt,” in which the goal, according to the group’s website, is to “put America on a better fiscal and economic path.” Though the group is also comprised of current and former members of Congress, governors, mayors […]

Katie Rucke
By Katie Rucke

(MintPress) - A group of more than 100 big company CEOs have created a “non-partisan” campaign entitled “Fix the Debt,” in which the goal, according to the group’s website, is to “put America on a better fiscal and economic path.” Though the group is also comprised of current and former members of Congress, governors, mayors and business leaders

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Cyberattacks Against US Getting Worse

The U.S. is vulnerable to cyberattacks that could shut down financial services or destroy information that companies need for daily operations, the chairman of the House Intelligence Committee said Sunday. Rep. Mike Rogers says 95 percent of private sector networks are vulnerable and most have already been hit. What’s being stolen? Personal identities, Social Security […]

Associated Press
By Associated Press

The U.S. is vulnerable to cyberattacks that could shut down financial services or destroy information that companies need for daily operations, the chairman of the House Intelligence Committee said Sunday. Rep. Mike Rogers says 95 percent of private sector networks are vulnerable and most have already been hit. What's being stolen? Personal

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The Education Debt Crisis: Is America In Danger Of A Second Economic Collapse?

America is in the midst of a second financial crisis. As reported by the Atlantic, from 1999 to 2011, the percent of student loan debt held by Americans grew 511 percent to $550 billion. As of 2010, student loans have surpassed credit cards debt as the nation’s single largest source of debt, nearing $1 trillion. […]

Frederick Reese
By Frederick Reese

America is in the midst of a second financial crisis. As reported by the Atlantic, from 1999 to 2011, the percent of student loan debt held by Americans grew 511 percent to $550 billion. As of 2010, student loans have surpassed credit cards debt as the nation’s single largest source of debt, nearing $1 trillion. Since 1978, the price of tuition at

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