The Vicious Blog

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Posts Tagged ‘economy

Jon Voight speaks nonsense on Fox News

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Jon Voight was on Fox News hating on President Obama. He doesn’t really say much that you don’t already hear from conservatives already, but I’d like to see someone say something like this on a more neutral network, like the BBC.

…MerMAN, dad. MerMAN…

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Written by sammyvicious

April 13, 2010 at 2:26 PM

Eurozone unemployment rate rises to 10%

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Unemployment in the Eurozone (the nations that comprise the European Union) has reached double digits for the first time since the euro was put in place as the universal currency.

Unemployment figures range widely within the union, from just 4% in the Netherlands to 19% in Spain.

This not good.

[BBC]

Written by sammyvicious

March 31, 2010 at 11:32 AM

Federal Government to sell stake in Citigroup for profit

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The U.S. government is getting ready to sell its 27% stake in Citigroup that it acquired during the Wall Street bailouts over the past 2 years. The company has since paid off its federal loans and stock prices are up. The federal government will likely make a profit of around $8 billion through the sale.

Some economists might say that this is a sign that the worst has passed us in terms of the recession, but I’ll believe it when unemployment drops. Hopefully the government uses those profits to create even more jobs.

[via: BBC]

Written by sammyvicious

March 29, 2010 at 1:58 PM