The Top Ten Financial Links Of The Day

Business Journal - A 10 percent rate reduction in Medicaid payments could cause 5,100 jobs to be lost and reduce sales tax revenue by more than $5 million in North Texas alone, according to the Dallas-Fort Worth Hospital Council.

Baltimore Sun – Nearly 1,500 workers are in danger of losing their jobs under a reorganization plan by the Superfresh supermarket chain that would sell almost all its stores in Maryland, most of which are in the Baltimore area

Tampa Bay - Friday the 13th hit hard for 1,942 workers in the Titusville area. That’s how many employees were affected by the latest round of layoffs announced by United Space Alliance LLC, an organization that partners with NASA to run the space shuttle operation.

PC Mag -  A month after shedding 550 employees due to the shutdown of its Flip video camera line, Cisco Systems has announced more job cuts by the end of this summer to save $1 billion in annual expenses. Although Moore did not specify how many jobs would be cut, AP estimates that 4,000-5,000 of the company’s 73,400 employees, or 6 percent of the workforce, will get cut. The figure is based on the same percentage the $1 billion savings translates to against its annual expenses.

Washington Post – The Obama administration will begin to tap federal retiree programs to help fund operations after the government lost its ability Monday to borrow more money from the public, adding urgency to efforts in Washington to fashion a compromise over the debt (and yet there is no rioting in the streets? God help us all).

Economic Policy Journal – Shadow Stat misery index highest on record

Pajamas Media - Senate GOP embarrasses Dems over Boeing

Economix – Where the jobs were lost

The Market Oracle – Stock market warning signs

The Market Ticker – Obama’s birth certificate is a forgery

**Thanks to the indespensible J.M. Heinrichs for the linkie love

2 Responses to “The Top Ten Financial Links Of The Day”

  1. Mr Fnortner Says:

    That’s a nice try, the Market Ticker’s video of the curved pages, but if you put a straightedge under the name of the hospital you will see that “lani Maternit” is perfectly registered and level, and that “Kapio” turns down. Each individual letter moves about a bit depending on the peculiar characteristics of the hammer alignment on the typewriter, so you have to examine a full line to be sure–sort of like data points that you want to fit a curve to. Now look at “Male” and “X”. Place a straight edge under “X” parallel to the horizontal line on the form. See how “Male” turns down and dips below the horizontal line.

    I’m not saying that the birth certificate is not fake (I feel sure it is a fake) but this is not good evidence and weakens itself and all other evidence by being seriously sloppy.

  2. The Mayor Says:

    Mr Fnortner – have a look at this and tell me what you think:

    http://www.youtube.com/watch?v=7s9StxsFllY

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