ECONOMY NOT STRONG, NOT GOOD


	ECONOMY NOT STRONG, NOT GOOD

adad55

5-29-2009 3:02 PM

123 views

adad55 says:

12% of homeowners have had foreclosures so far this year. They have lost their house. They take what they can and have to get out.
So they're out, as they drive away they look back at an empty building. Where do they go?

1 Comment |

Add a Comment

5-29-2009 3:07 PM

clip-on-tie

Not according to Obama. He advised the residents of Beverly Hills that they are "back from the brink." Because they were suffering more than anyone I'm sure.

— Comment removed by moderator —

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from May 29, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/95a1372e-7170-4b65-b3f7-e485df330114/12B73FE8-03E5-4FF7-8023-290E25C2C7F8/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.yahoo.com/s/ap/20090529/ap_on_bi_ge/us_economy" href="http://news.yahoo.com/s/ap/20090529/ap_on_bi_ge/us_economy" style="font-size: 11px;">news.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090529/ap_on_bi_ge/us_economy">Economy sinks at a 5.7 percent pace in 1Q</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090529/ap_on_bi_ge/us_economy"><DIV class="byline"><CITE class="vcard">By JEANNINE AVERSA, AP Economics Writer        <SPAN class="fn org">Jeannine Aversa, Ap Economics Writer</SPAN>
    </CITE>
    –
    <ABBR class="recenttimedate" title="2009-05-29T08:49:27-0700">2 hrs 44 mins ago</ABBR></DIV>
<DIV class="yn-story-content">
                <P>WASHINGTON – The economy sank at a 5.7 percent pace in the first quarter as the brute force of the recession carried over into this year. However, many analysts believe activity isn't shrinking nearly as much now as the downturn flashes signs of letting up.</P></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090529/ap_on_bi_ge/us_economy">The economy's dismal performance over the last two quarters underscored the toll the recession, which started in December 2007 and is now the longest since <SPAN id="lw_1243612178_6" class="yshortcuts">World War II</SPAN>, has had on the country. Businesses have ratcheted back spending and slashed 5.7 million jobs to survive the fallout. Financial firms have taken huge losses on soured mortgage investments. Banks and other companies have been forced out of business. <SPAN id="lw_1243612178_7" class="yshortcuts">Home foreclosures</SPAN> have soared.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/12B73FE8-03E5-4FF7-8023-290E25C2C7F8/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips