Indiadaily.comhttp://www.indiadaily.com/us_pres_elec.aspIndiadaily.com delivers information on the latest top stories, entertainment, politics, Investments, Business and Finance, Money, World, and more.en-us© 2006 Indiadaily.com11/8/2009More than 15 million Americans are out of work and 3.5 million lost their jobs this yearhttp://www.indiadaily.com/editorial/21119.aspThey do not call it a depression, it is far worse than a depression because another 150 million Americans are deeply underemployed.Nov. 7, 2009US depression a reality as 101-year-old commercial lender, filed for bankruptcy http://www.indiadaily.com/editorial/21113.aspUS economic depression is real. There is no way the Federal Reserve and the bail out mecahnisms can continue to provide endless fiscal bailout money to these institutions.Nov. 1, 2009Unemployment claims, fall in payrolls will point to accelerating deterioration in job market while hyperinflation in borrowed stimulus driven commoditieshttp://www.indiadaily.com/editorial/21112.aspThe picture is clear. It is a failure of fiscal policies that was an entension of failed Bush policies. The job market went no where, while oil went to $80 a barrel, gold, $1050 an ounce.Nov. 1, 2009U.S. Stocks sharply down over declining consumer spendinghttp://www.indiadaily.com/editorial/21098.aspSpending by U.S. consumers fell in September for the first time in five months. It is the firsdt sign of the trillion dollar stimulus effect getting exhausted.Oct. 30, 2009Oil rises to $80 a barrel as US economy finds temporary growth from trillions of borrowed stimulus money - a long term nightmare looms as commodity inflation spikes with little job growthhttp://www.indiadaily.com/editorial/21089.aspThe job growth in the US economy is dismal. The most of the borrowed stimulus money is wasted in creating commodity inflation and bailing out failure in big corporate and banking governance.Oct. 30, 2009A confirmation of global depression - Japanese auto products nose dives to 34-year low - export market crashed to a 50% downhttp://www.indiadaily.com/editorial/21087.aspThe news just confirms the global depression although its is stealth because of coordinated Government propaganda all around the world.Oct. 30, 2009NJ payment of $1 million to Goldman Sachs for bogus interest- rate swap agreement is a Repuplican cheap stunt before election but who will prosecute criminally negligent oversight and Goldman Sach's fraudulent behavior? http://www.indiadaily.com/editorial/21083.aspNo wonder Goldnman Sachs can give billions in bonuses to their employees in this time of economic depression. No wonder NJ State is busy wating tax payers money to the corrupt wealthy that controls the power base.Oct. 23, 2009Economy on life support - 225000 Americans losing their unemployment benefits every month - exploding underemploymenthttp://www.indiadaily.com/editorial/21079.aspThe exponential growth in underemployment is alarming. The trend that started in 1981 is exploding now creating devastating effects on the economy.Oct. 22, 2009Japan faces deep trouble in exports as China and US markets slowly evaporates for Japan with extremely strong yenhttp://www.indiadaily.com/editorial/21078.aspJapanese dropped 30.7 percent from a year earlier. Exports to China, Japan’s biggest market, fell 13.8 percent.Oct. 22, 2009Get out of stocks nowhttp://www.indiadaily.com/editorial/21077.aspThe stochastics, momentum, monetary, econometric and quantitative indicators point to massive risk in stock market. The inflation expectation says stocks are extremely vulnerable.Oct. 22, 2009