Offshored Production, Dysfunctional Diplomacy and Outsourced Policy: A Three-Part Analysis on Americas Trade Decline

JPMorgan CEO sees compensation jump 1,500 per cent to $20.8million

He has piloted Americas second biggest bank through the financial crisis and come out the other side relatively unscathed. And now Jamie Dimon, CEO of JPMorgan Chase & Co, is being extremely well rewarded for his efforts.

http://bit.ly/h52huR



Banks in Ill., Nev. fail; makes 28 closed in 2011

Regulators on Friday shut down small banks in Illinois and Nevada, lifting the number of U.S. bank failures so far this year to 28 after 157 succumbed in 2010 to the gutted economy and mounting bad loans.

http://bit.ly/ignPVb



Debt Jumped $54.1 Billion in 8 Days Preceding Obama-Boehner Deal to Cut $38.5 Billion for Rest of Year

Since the beginning of the fiscal year on Oct. 1, 2010, the national debt has increase by $653.4 billion.

http://www.cnsnews.com/news/article/debt-jumped-54-billion-8-days-preceding



New home sales are at lowest level in almost 50 years

Americans are on track to buy fewer new homes than in any year since the government began keeping data almost a half-century ago. Sales are just half the pace of 1963 - even though there are 120 million more people in the U.S.

http://www.tennessean.com/article/20110324/BUSINESS02/103240333/1003/BUSINESS#searchbox


From Information Clearing House

--------

Offshored Production, Dysfunctional Diplomacy and Outsourced Policy: A Three-Part Analysis on Americas Trade Decline

Ian Fletcher, Truthout: 'America's manufacturing sector, despite record output, is actually in very deep trouble: record output doesnt prove the sector healthy when we are running a huge trade deficit in manufactured goods - that is, consuming more goods than we produce and plugging the gap with asset sales and debt. But this analysis of the problem only touches the quantitative surface of our ongoing industrial decline. Real industries are not abstract aggregates; they are complex ecosystems of suppliers and supply chains, skills and customer relationships, long-term investments and returns."

http://www.truthout.org/offshored-production-dysfunctional-diplomacy-and-outsourced-policy-three-part-analysis-americas-trad



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Boehner
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=financial+crisis
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=trade+deficit
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=JPMorgan
http://freepage.twoday.net/search?q=Jamie+Dimon
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bank+failure
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bad+loans

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