Category Archives: Economy

China Pulls The Rug From Under Europe, Halts French Bank Transactions, Makes Good On Trade War Ultimatum

http://feedproxy.google.com/~r/zerohedge/feed/~3/QT4hec2LkwM/china-pulls-rug-under-europe-halts-french-bank-transactions-makes-good-trade-war-ultimatum

The next domino……

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Federal Stimulus Money at Work

Yes, the government certainly knows better than I how to spend my money. I never would have thought to spend my money on the following program in an effort to boost employment. With a program such as this, it’s amazing our employment figures for last month (only 18,000 new jobs) was so dreadful.

Obviously, these new super heroes need to work overtime. From the newspaper:

It was not difficult to find critics when the government job-service engine Workforce Central Florida said it was spending more than $70,000 of federal stimulus money to help the unemployed by handing out 6,000 satiny capes for jobless “superheroes” to “fight” “Dr. Evil Unemployment.”

“Absolutely absurd” was the reaction of a laid-off customer-service representative to the program. Several critics interviewed by the Orlando Sentinel noted that such a program further erodes the unemployed’s fragile self-respect.

Workforce Central Florida, though, remained convinced. In the words of a spokeswoman, “Everyone is a superhero in the fight against unemployment.”