Recovery is here!!!!!
A record 38.2 million Americans were enrolled in the food stamp program at latest count, up 246,000 from the previous month and the latest in record-high monthly tallies that began in December 2008. Food stamps are the primary federal anti-hunger program, helping poor people buy groceries. . Participation has surged since the financial-market turmoil of late 2008 and has set records each month since December 2008, when it reached 31.78 million. Enrollment is highest during times of economic distress.
http://www.ritholtz.com/blog/2010/02/food-stamps-the-great-recession’s-soup-lines/
Why does this administration continue to try and prop up housing prices? Let the prices fall to a level that most Americans can afford.
Obama pushes for more housing help
Fri Feb 19, 6:10 AM
By Jeff Mason
LAS VEGAS (Reuters) - President Barack Obama will use a campaign stop for Senate Majority Leader Harry Reid on Friday to announce a new initiative to help support homeowners in five states hit hardest by the U.S. housing crisis.A senior administration official said Obama would announce he is designating $1.5 billion from the Troubled Asset Relief Program to fund programs at local Housing Finance Agencies in California, Florida, Nevada, Arizona, and Michigan.Those states have seen declines in their housing markets of 20 percent or more from their peaks, the official said.
http://ca.news.yahoo.com/s/reuters/100219/us/politics_us_obama_housingFDIC Hiring, could mean more many bank closures
http://www.shutdownat5.com/fdic-ramps-up-hiring-2010-may-be-busy
