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• $212 Billio House GOP "Stimulus" Tax Bill Would Almost Double Bush Tax Cuts - Citizens for Tax Justic summary (5 Oct 2001): The House Ways and Means Committee, on a party line vote, has approved a bill that over the next three years would almost double the size of the Bush tax cuts enacted last May. Benefits would be heavily skewed to those with highest incomes. ^pop (Added: 8-Nov-2001 Hits: 17 Rating: 0 Votes: 0) Rate It

• After tragedy, back to the basics - BUSINESSWEEK article by Christopher Farrell (9 Nov 2001): The lives lost in the September 11 terror strike, followed by the emotional and financial trauma of the surviving families, brutally reminded Americans that the world is a much riskier place than the stock market's volatility measures reflect. And now, with the economy sinking into recession, management is handing out pink slips at a nerve-racking pace. ^pop (Added: 11-Nov-2001 Hits: 84 Rating: 0 Votes: 0) Rate It

• Another Free Lunch for Fat Cats - LA TIMES article by Greg Golding (4 Nov 2001): The Bush administration, switching to war footing, is treating the deepening economic crisis as a second casualty of the Sept. 11 attack. Bush rushed through a $15-billion bailout to the airlines, promptly proposed ways the government would help shoulder insurers' losses from future terrorist attacks and quickly began promoting a $75-billion pump-priming package. ^pop (Added: 5-Nov-2001 Hits: 26 Rating: 0 Votes: 0) Rate It

• Bush Asks for up to $75 billion stimulus - LA TIMES article by Curt Anderson (3 Oct 2001): President Bush urged Congress on today to approve a stimulus plan of between $60 billion and $75 billion to avert a steep recession triggered in part by last month's terrorist attacks. Bush called for tax cuts for individuals and businesses. ^pop (Added: 3-Oct-2001 Hits: 20 Rating: 0 Votes: 0) Rate It

• Bush meets in New York with business executives - CHICAGO TRIBUNE article by Sonya Ross (3 Oct 2001): Bush said Tuesday he hopes to bolster the economy by finding ways to increase demand for consumer goods, create incentives for business investment and meet the immediate needs of people who lost their jobs as a result of the Sept. 11 attacks. ^pop (Added: 3-Oct-2001 Hits: 20 Rating: 0 Votes: 0) Rate It

• Bush pushes new tax windfall for the rich - WORLD SOCIALIST article by Joseph Kay (5 Nov 2001): The measure that is currently working its way through the US Congress in the name of economic stimulus is a massive handout to the wealthiest sections of the population. ^pop (Added: 5-Nov-2001 Hits: 12 Rating: 0 Votes: 0) Rate It

• Fed cuts interest rates to lowest level since 1962 - CHICAGO TRIBUNE article by William Neikirk (3 Oct 2001): Citing growing economic weakness from the Sept. 11 terrorist attacks, the central bank under Chairman Alan Greenspan slashed its benchmark interest rate by a half-point to 2.5 percent, the lowest since John F. Kennedy was president and slightly below today's 2.7 percent rate of inflation. ^pop (Added: 3-Oct-2001 Hits: 27 Rating: 0 Votes: 0) Rate It

• Fighting Terror ... with a tax cut to big business - NEWSDAY article by Marie Cocco (20 Sept 2001): The flames had not cooled at the World Trade Center and the Pentagon when House Republican leaders began circulating a shopping list of tax breaks for wealthy investors and business. It is to be dressed up as a "stimulus" package for the moribund economy, paid for from the payroll taxes every American worker kicks in every week. ^pop (Added: 4-Oct-2001 Hits: 19 Rating: 0 Votes: 0) Rate It

• How much the war on terrorism is costing financially - CHRISTIAN SCIENCE MONITOR article by David Francis (30 Oct 2001): At the present level of military activity, the incremental financial costs of the operation - those above normal, peacetime defense expenditures - are running about $1.2 billion per month to the United States, estimates Gordon Adams, a veteran expert on the costs of military ventures. ^pop (Added: 10-Nov-2001 Hits: 68 Rating: 0 Votes: 0) Rate It

• Millions of unemployed finding US safety net in shreds - WORLD SOCIALIST article by Laurier & Scherrer (7 Nov 2001): Officially 7.7 million people were out of work in the US in October, an increase of 2.2 million over the same month in 2000, according to Labor Department statistics. With the pace of layoffs accelerating as the economy moves into recession, economic forecasters predict that another 1.5 million jobs may be slashed over the next three quarters. ^pop (Added: 8-Nov-2001 Hits: 37 Rating: 0 Votes: 0) Rate It

• New York economy hit hard by terror attacks - WORLD SOCIALIST web site article by Peter Daniels (1 Oct 2001): The destruction of the World Trade Center two weeks ago has had devastating economic as well as human consequences. This economic shock, unprecedented in its scope and suddenness, is likely to turn into long-term unemployment for many. ^pop (Added: 1-Oct-2001 Hits: 55 Rating: 1.00 Votes: 1) Rate It

• No Business Goes Public in September - LA TIMES article by Karen Robinson-Jacobs (1 Oct 2001): Initial public offerings, already slowed by the tech washout and the economic slowdown, came to a complete halt in September--the first month since December 1975 that there were no IPOs, according to Thomson Financial Securities Data. ^pop (Added: 1-Oct-2001 Hits: 17 Rating: 0 Votes: 0) Rate It

• Reuters, CNN predict global recession - FROM THE WILDERNESS article by Michael Ruppert (12 Sept 2001): Just a day after the attacks, which brought the planet to a halt, both CNN and Reuters - after interviewing many financial experts - are reporting the likelihood of a worldwide recession. ^pop (Added: 2-Oct-2001 Hits: 45 Rating: 0 Votes: 0) Rate It

• Safety Net for Jobless More Porous - LA TIMES article by Peter Gosselin (1 Oct 2001): More than a dozen states have little or no money for extra welfare benefits in case of recession, and the federal program designed to back them up expired over the weekend. Such is the condition of America's social safety net as the economy teeters on the edge of recession--at least in part because of the Sept. 11 terrorist attacks--and the jobless rate climbs. ^pop (Added: 1-Oct-2001 Hits: 15 Rating: 0 Votes: 0) Rate It

• Sagging Economy Threatens Health Coverage - NY TIMES article by Robin Toner (12 Nov 2001): As the economic downturn takes hold, the plight of people like Mr. Gezu underscores the vulnerability of most Americans' health coverage. Sixty-five percent of Americans under 65 get insurance through their employer, meaning that the loss of a full-time job can quickly translate into the loss of health benefits. ^pop (Added: 12-Nov-2001 Hits: 17 Rating: 0 Votes: 0) Rate It

• Stocks fall at opening after plane crash - NY TIMES Reuters article (12 Nov 2001): Stocks raced lower in early morning trading on Monday after the crash of a passenger jet in New York rekindled memories of the Sept. 11 terror attacks that rocked the nation. ^pop (Added: 12-Nov-2001 Hits: 39 Rating: 0 Votes: 0) Rate It

• Terrorism cripples US consumer spending - INTERNAT. HERALD TRIBUNE (2 Nov 2001): Consumers jolted by the terror attacks and rising layoffs cut their spending in September by the largest amount in more than 14 years, the Commerce Department reported Thursday. A separate report showed the manufacturing sector still mired in recession, as activity plummeted in October to its lowest level in nearly 11 years. ^pop (Added: 10-Nov-2001 Hits: 58 Rating: 0 Votes: 0) Rate It

• The global economy is teetering - LA TIMES article by Robert Reich (6 Nov 2001): There's no longer any doubt that we're in a recession. More than 400,000 jobs were lost last month, the biggest job loss in two decades. Meanwhile, national output is shrinking. Consumer spending is dropping. And consumer confidence is plummeting. ^pop (Added: 8-Nov-2001 Hits: 78 Rating: 1.00 Votes: 1) Rate It

• UPS, FedEx may benefit from fears over terrorism - AP article by Justin Bachman (5 Nov 2001?): Americans reluctant to trust the Postal Service with millions of holiday toys and clothes with a can't-miss Christmas appointment might turn to rival haulers. FedEx and UPS are also expected to see a rise in shipments of online merchandise. ^pop (Added: 8-Nov-2001 Hits: 19 Rating: 0 Votes: 0) Rate It

• US is expecting to spend $1 billion a month on war - NY TIMES article by James Dao (12 Nov 2001): The United States expects to spend more than $1 billion a month on the early phases of the war in Afghanistan, and the cost is likely to rise rapidly above that level as the Pentagon builds its forces in the region, Congressional and administration officials say. ^pop (Added: 12-Nov-2001 Hits: 13 Rating: 0 Votes: 0) Rate It

• US jobless claims soar - WORLD SOCIALIST web article by Shannon Jones (1 Oct 2001): The economic downturn—well under way before September 11—has been exacerbated by the terror attacks. In many cases, however, US corporations have used the tragic events to press ahead with previously planned mass layoffs as well as other attacks on workers’ living standards. ^pop (Added: 1-Oct-2001 Hits: 32 Rating: 0 Votes: 0) Rate It

• War in Afghanistan could cost US $1 billion a month - Scrips Howard article by Lisa Hoffman (5 Nov 2001): America's war in Afghanistan so far has racked up a bill of at least $400 million, and could rocket up to $1 billion a month. The Ctr for Strategic and Budgetary Assessments has cobbled together one for the first 25 days of the current conflict, which began Oct. 7 with a barrage of U.S. bombs and cruise missiles against Taliban and al Qaeda targets in the Central Asian country. ^pop (Added: 11-Nov-2001 Hits: 18 Rating: 0 Votes: 0) Rate It

• World War III - FROM THE WILDERNESS lead article by Michael Ruppert (18 Sept 2001): The United States has many enemies. It is the economic enemies that warrant the most scrutiny now because the perception that America is the safest place in the world in which to invest foreign capital has been dealt a huge blow. ^pop (Added: 1-Oct-2001 Hits: 13 Rating: 0 Votes: 0) Rate It

• A time to mourn - Working for Change article by James Crotty (31 Oct 2001): Our leaders, invariably looking at short-term fix rather than long-term need, are remiss in urging the country to "get back to business as usual." Their message is simple: "it is patriotic to shop." (Added: 4-Nov-2001 Hits: 10 Rating: 0 Votes: 0) Rate It

• Joe F. Rocks! Growth Stock Investor & Market Strategist - Growth stocks and market strategy. Sentiment indicators analyzed to assess growth stock timeliness. (Added: 22-Nov-2001 Hits: 0 Rating: 0 Votes: 0) Rate It

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