Bad News!!!

This is scary!!

Coming soon to U.S., 1 million jobs lost every month: Report

Link

Foreclosures soar 76% to record 1.35 million

Link



Jobless numbers highest in 15 years, food stamp users hit record 31.6 million or 1 in 10 Americans

Link

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Bear and Mary get thermal reflective blankets

Gave Bear and Mary two thermal reflective blankets a couple of days ago. Haven't seen them to ask how they liked them but I am using one myself and it works good. They are a really good bargin @ $5.85. Sleeping bags of the same material are just $15.00.

I'm still looking for Wayne, a guy who rides a tricycle with all his belongings in it. Got one for him too.

If you truly want to give a great Christmas gift this year buy some of these thermal reflective blankets and give them to the homeless. They could be lifesavers. Note: Safetycentral.com won't shop to PO boxes.


http://www.safetycentral.com/emblan.html

http://www.safetycentral.com/blanandheat.html

Homeless causes of death

Major Causes of death for the homeless:

Natural causes

Homicide

Suicide

Hypothermia

Articles Meltdown, derivatives a ticking time bomb

IMF in global 'meltdown' warning
The world financial system is teetering on the "brink of systemic meltdown", the head of the International Monetary Fund (IMF) has warned in Washington.
http://newsvote.bbc.co.uk/2/hi/business/7665515.stm


A £516 trillion derivatives 'time-bomb'
Not for nothing did US billionaire Warren Buffett call them the real 'weapons of mass destruction'
http://www.independent.co.uk/news/business/news/a-163516-trillion-derivatives-timebomb-958699.html

Bear and Mary A Homeless Couple

Talked with Bear and Mary this afternoon. Saw them sitting with their dog near the Army recruiting office. They are two homeless people, 40ish to 50ish, living near UCF. They said they've been homeless for over a year. We talked about jobs, the economy and what it's like to be homeless. Bear had a job for about six months as a dishwasher but it ended. He said at least it enabled him buying a tent and a sleeping bag and some other things to make life a bit easier. He used to be homeless in downtown Orlando just sleeping on cardboard with a blanket.
I asked them about their camping arrangements. They have the tent and some good sleeping bags and suprisingly said winter was the best time. They use 5 gallon buckets they got from a restaurant dumpster to catch rainwater for washing. On weekends there's a place they can slip up to and get water for washing. Too much security during the week.
Bear told me he's on first name basis with some of the cops and sometimes the cops stop by their campground to see if they're allright. He had a campsite behind the restaurant he worked at but another homeless guy assaulted someone near there and the owner of the land made them move. He knew one of the the cops investigating the incident and the cop actually got him a little bit more time to move his stuff.
He wouldn't reveal where they're camping now. He said he's had too much trouble with people coming into the campsite doing drugs and other problems.
They used to get some food assistance from a charity but due to high demand the charity cut the zip code he camps in and doesn't come out any more.
He said food stamps now want you to do community service to pay for the stamps. But they don't supply transportation. Bear said he saw a lot of people abusing the system so he can understand it.
How about some of the people on Wall Street doing a bit of community service to pay for their screwing up the economy? They abused the system a bit didn't they?

Article on the Meltdown

The Woman Who Could Have Prevented This Financial Mess Was Silenced by Greenspan, Rubin and Summers
A sad tale emerges of willfully arrogant behavior designed to undermine a wise woman's good judgment.

http://www.alternet.org/workplace/102559/the_woman_who_could_have_prevented_this_financial_mess_was_silenced_by_greenspan%2C_rubin_and_summers/

Financially things are falling apart

Truly scary. Things are falling apart. Once again greed in Washington and Wall Street has produced a crisis. I talked to a friend of mine a couple of days ago. Jay said she and her husband and two children had to move and were in the middle of packing up their belongings. I asked where they were going. She said she didn't know. I called her yesterday but she hasn't called back.

Some older articles on the credit crisis

Bankers Fear World Economic Meltdown
http://www.counterpunch.org/kolko07262006.html

The Credit Crisis Could Be Just Beginning
http://www.thestreet.com/s/the-credit-crisis-could-be-just-beginning/newsanalysis/investing/10380613.html

Two articles and a website. Get Ready!!

Forecast: U.S. dollar could plunge 90 pct
http://www.informationclearinghouse.info/article18776.htm

Learn from the fall of Rome, US warned
http://www.informationclearinghouse.info/article18183.htm

Bank Implode
BankImplode.com

Bad News

China may cut its dollar holdings - CICC: China, which holds a fifth of its currency reserves in Fannie Mae and Freddie Mac debt, may cut the portion held in US dollars, according to China International Capital Corp (CICC), one of the nation's biggest investment banks।

US economy: Retail sales slump as consumers tighten their belts: Analysts had expected sales to rise by 0।3% last month but data from the Commerce Department today showed a fall of 0.3%. This is the second month in a row that sales have declined, and the figure for July was also sharply revised, to a drop of 0.5%. It had previously been reported as a 0.1% fall.

Warning: 30 airlines will go bust this year: Up to 30 more airlines will go bankrupt before Christmas, the chief executive of British Airways warned yesterday, as the biggest rescue of stranded passengers in travel industry history began.

U.S. Foreclosures Hit Record in August as Housing Prices Fell: Owners of 303,879 properties, or one in 416 U.S. households, got a default notice, were warned of a pending auction or foreclosed on last month. That was the most since reporting began in January 2005.

My Homeless Story Things to consider if you are facing homelessness

My Homeless Story
http://myhomelessstory.net/

About this homeless website
http://myhomelessstory.net/About%20this%20homeless%20website.htm

Planning for being homeless. Things to consider if you are facing homelessness.
http://myhomelessstory.net/Homeless_planning_for_homelessness.htm

Homeless is not the end of the road.
http://myhomelessstory.net/Homeless%20is%20not%20the%20end%20of%20the%20road.htm

Donation Station
http://myhomelessstory.net/Homeless_Donation_Station.htm

Currently
http://myhomelessstory.net/Currently.htm