Stocks: Market Crash Looming

"Live Nation Begins Layoffs In Wake Of Merger With Ticketmaster" 500 job cuts. 20 percent.

ILL "Kankakee: District 111 layoff notices reported. "

Indiana. "Anderson schools to cut 125 teachers."

Soon headline will read health care bankrupts US.
 
"Live Nation Begins Layoffs In Wake Of Merger With Ticketmaster" 500 job cuts. 20 percent.

The US Anti-Trust on this case? And we all thought we were already paying WAY WAY, WAY, WAY, WAY, WAY TOO HIGH; Service Fees/Charges, Convenience Charge (WTF is That?), taxes, entertainment fees/taxes, Gratuity charge, ticket printing and ink usage fees.

Out right monopoly!

Lite Snack... this week's WARN in CALIFORNIA: Note Small Businesses (SBA) not counted or included in state figures

Here's the propaganda criteria of the Federal Government:
Federal WARN - Applies to employers with 100 or more full-time workers
Definition of “Mass Layoff” triggering notice requirements:

  • 50 or more full-time employees are laid off if they constitute one-third or more of the full-time employees at the site, or
  • 500 or more full-time employees
California this week ending 3/28:
3/28/10 VERIZON CORPORATE SERVICES., INC MISSION HILLS: 49
3/28/10 MACY'S UNION SQUARE., SAN FRANCISCO: 11
3/28/10 RIVERSIDE CEMENT., ORO GRANDE: 82
3/28/10 MACY'S WEST., SAN FRANCISCO: 11

3/27/10 WORLEYPARSONS GROUP INC., MONROVIA: 1
3/27/10 EXPRESS SCRUPTS, INC., WEST HILLS: 241

3/26/10 ZEBRA TECHNOLOGIES., CAMARILLO: 29
3/26/10 THE BOEING COMPANY., HUNTINGTON BEACH: 20
3/26/10 ROCKWELL COLLINS, INC., SAN JOSE: 51
3/26/10 THE BOEING COMPANY., LONG BEACH: 35
3/26/10 WARNER BROS. RECORDS., INC. BURBANK 1
3/26/10 THE BOEING COMPANY., WEST HILLS 9
3/26/10 EXPRESS SCRIPTS, INC., WEST HILLS: 3
3/26/10 CVS PHARMACY, INC., SACRAMENTO: 92
3/26/10 LENNOX HEARTH PRODUCTS, INC., ORANGE: 2
3/26/10 PRECOR, INC., VALENCIA: 18
3/26/10 LOCKHEED MARTIN AEROSPACE., PALMDALE: 24
3/26/10 ARROW ELECTRONICS., ONTARIO: 100

3/25/10 JOHNSON CONTROLS, INC., LIVERMORE: 240

3/24/10 REDBARN PET PRODUCTS, INC., LONG BEACH: 144

3/21/10 EDO RECONNAISSANCE & SURVEILLANCE SYSTEMS, INC., MORGAN HILL: 116

Illinois

Won't list the advance WARN notification on their website until AFTER the month of layoffs are completed!
 
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Not so sure Moody's will ever have the courage to downgrade the US.

H,

Thank you for that. It is worse then most think. They are not hiring this fast. Teachers to be dumped left and right.

My nephew went to a job fair in VA. Suppose to open at 8. He was number 250 at 5 AM. Not one person got hired from the job fait and there were 8K people there by the time it was over. Most of the resumes likely went into a waste basket. Total show for the State Senator to brag.
 
Houston has a problem.

"Spring Branch med center lays off 720."

Indiana has a problem. "Indiana Teachers Association forecasts up to 5,000 teachers or 8 percent of teachers statewide may lose their jobs because of $300 million in budget cuts from the state."
 
Not so sure Moody's will ever have the courage to downgrade the US.

Nobody wants to be that guy so no I don't think we'll ever see a formal downgrade of fed.gov's credit rating. Moody's and S&P wouldn't even tell the truth about BoA's junk mortgage portfolios so no way they'll "suicide" themselves over the US debt rating. The only question is how much longer anyone buys the notion that it's really a AAA rating. With a nuclear arsenal at our disposal the timeline is indefinite.
 
Devil. I agree.

Starting this am. off with a bang.

"First round of Whirlpool layoffs scheduled for Thursday. Plant closing 465 jobs gone in Evansville, Indiana."

"Johnson City brake plant closing. 140 jobs gone in TN."

Sallie Mae warns of job cuts. 2,500

"Jackson notifies state of plans to lay off 548 FL hospitals."

"224 staff positions will be eliminated before fall through layoffs and attrition. Omaha schools."

"Letterkenny Army Depot's High Mobility Multipurpose Wheeled Vehicle (HMMWV) Recap Line will have its staff reduced from 302 workers to around 80 starting April 2nd."

And on the hiring front?????
 
ILL. "Naperville area school district cuts 145 teachers."

NJ and NY to be heard from shortly. Massive numbers on the way. Possible 8K in NY.
 
Everyone is aware that the NEW Communistic health care Bill ALSO provides the provision for the US Government to control ALL student loans.

You can never default on a student government loan... the EX; Bill Clinton and George Bush puppets and tyrants ensured Uncle Sugar and the Banks get their money, and remember, they can take your property, assets, and even garnish Your Social Security paychecks!

So... SALLIE MAE is big government education loans that controls it all... notice when government got involved in student loans, the cost of tuition skyrocketed? Well, that's the plan, Government love their DEBT based system, it keeps the people oppressed and into .gov's control as well as, another HIDDEN COST of INFLATION of the FASCIST/COMMUNISTIC regimes that take turns fleecing the people!

The more the loan values... the more the government makes... simple. Of course the universities love it because they can make more money for all since the costs skyrocket. There's one reason why we have Keynesian indoctrination in secondary education... get everyone on board to believe it's the best economic model system, because it rewards the teachers/philosophers charlatans as well as government for profit.
 
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Wow I finally realized how bad it is when a power surge fried everything in my house and I was stuck watching lamestream media and reading "news"papers for almost 3 weeks. No doubt in my mind the powers that be will have to go after the web. Going from reading sites like this one and listening to my podcasts to lamestream was like being blindfolded and spun in circles 20 times. No wonder we are in so much trouble. Use good sources of info like this one while you still can.
 
Wow I finally realized how bad it is when a power surge fried everything in my house and I was stuck watching lamestream media and reading "news"papers for almost 3 weeks. No doubt in my mind the powers that be will have to go after the web. Going from reading sites like this one and listening to my podcasts to lamestream was like being blindfolded and spun in circles 20 times. No wonder we are in so much trouble. Use good sources of info like this one while you still can.

yup, the web us the next target.
 
Full employment under socialism/communism -

Half the USA employed by the gov't to watch the other half.

Then, of course, the second half could be employed as contractors to monitor the first half.

Viola! Full employment.

Government bureaucrats and census workers :rolleyes:
 
BREAKING: Unusual price action continued today as the Dow closed around 10.9k on medium volume pushing up to 11k resistance.

Traders at the scene commented - "Told you to buy the dips suckas."
 
NY just approved budget with big cut for education. Details should be soon. Talking 15K job cuts.

"http://www.lawnandlandscape.com/Rain-Bird-to-close-Airzona-plant.aspx" 106 job cuts in April.
 
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gold is really hanging in there like a champ. the US dollar index is up .87% right now, and gold's only off by like $10 at the moment.

these kinds of moves in the US dollar index used to crush gold by like $20 or $30 or more.
 
Just the start?

"Fitch Ratings cut Portugal's sovereign credit rating by one notch to AA- on Wednesday."

AZ sales tax receipts down 17.9 percent.
 
Just the start?

"Fitch Ratings cut Portugal's sovereign credit rating by one notch to AA- on Wednesday."

AZ sales tax receipts down 17.9 percent.

Perhaps AZ should consider moving the decimal point one space to the right on that new food tax ...
 
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