Poll shows Americans' pessimism on economy growing
http://news.yahoo.com/poll-shows-americans-pessimism-economy-growing-211021976.html
Most of the increasing pessimism on the economy is coming from democrats who are beginning to realize that the present people running the government are doing a poor job.
Jobless Americans to lose unemployment benefits
http://finance.yahoo.com/news/jobless-americans-lose-unemployment-benefits-094500875.html?l=1
50% of the people who loose there benefits will get a job immediately.
Oil pares loss on upbeat U.S. consumer data
http://finance.yahoo.com/news/oil-falls-below-96-dollar-014622808.html?l=1
U.S. private sector (70% of the U.S. GDP) is recovering.
Banks prepare for the return of the drachma
http://finance.yahoo.com/news/banks-prepare-return-drachma-083804551.html
Greece negotiated the right off of half their debt in exchange for promising austerity cuts. They will now weasel out of the austerity cuts, move back to the drachma and devalue their way out of the other half of their debt.
Spanish bank reform disappoints investors
http://news.yahoo.com/spain-approve-banks-cleanup-tough-talks-065021869--finance.html
6 countries are broke in Europe. France owns the majority of the debt from these 6 countries. The other 10 countries in the Euro Zone are doing ok.
