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Postal Service May Slash 35,000 Jobs

The U.S. Postal Service said Thursday that it is thinking about closing more than half of its mail-processing centers, which would eliminate more than 35,000 jobs, in order to turn a profit. (more)

Posted on Sep 15, 2011 READ MORE



AP / Antonio Sierra

Leaked Cables Show Drug War Concerns

While it may just prove what we already know, WikiLeaks’ gold mine of information has birthed yet another gem. It seems the U.S. is worried about the prospects of Mexico’s fight against its rampant drug trade, describing the army there as “risk averse” and official corruption as widespread.

Posted on Dec 3, 2010 READ MORE


Housing Bubble Burst

Pop! Housing Bubble Burst is Real, and Consequential

Economist and N.Y. Times columnist Paul Krugman writes that the downturn in the housing market is “a recipe for a major bust, not a soft landing,” and that it will likely drag the entire economy down with it. As evidence, check out this Cincinnati Enquirer article about consumers tightening their belts in the face of the housing slump and high gas prices.

Posted on Aug 28, 2006 READ MORE


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