To hell with the American people!!!!
"Consumer Prices Rise Slightly in March"
".... The report, which was in line with expectations, is likely to comfort central bankers as they attempt to avert an economic slowdown....
Last month was less encouraging for the housing industry....
“In short, truly calamitous,” Ian Shepherdson, a London-based economist at High Frequency Economics, wrote in a research note.
Stinginess among lending companies has made it harder for Americans to take out mortgages..."You take comfort in that bowl of crap this government and media serve you, 'murkns?
And WHERE DID the 200 BILLION in LOAN MONIES GO?
Must have gone here:
"JPMorgan Income Falls 50%, but Beats Forecast"
"JPMorgan Chase, fresh from scooping up a rival investment bank, Bear Stearns, saw earnings drop 50 percent in the first quarter as it was hurt badly by market turmoil and heavy credit losses....
The drop in earnings comes after a record first quarter in 2007 and is an indication of how the housing slowdown and the tight credit markets have battered all banks....
Net income fell to $2.4 billion, or 68 cents a share, compared with $4.8 billion, or $1.34 a share, for the same time last year. Revenue fell 9 percent, to $17.9 billion. Still, that profit beat expectations...."
How did you do this quarter, American?
They take your house yet?
Also see: Economic Collapse Spreading
Economic Rip-Off
Another Business Bailout
