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07 Feb 2009 13:57

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Biz, U.S.: The “Starbucks Dream” is gone, says columnist who doesn’t get it

  • Starbucks was the great American backup plan. The emergency exit. The parachute.
  • Mary Schmich • Chicago Tribune columnist, on the idea that one could start working at Starbucks as a backup plan to their full-time job. With layoffs even at the Green Menace, that backup plan is looking less likely. Personally, we would consider working at Starbucks to be a nightmare that just keeps repeating itself, “Groundhog Day”-style. • source
Posted by Ernie Smith • 0 Comments • Permalink

06 Feb 2009 20:25

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U.S.: OK, the Senate may finally get behind Obama’s economic plan

  • $805 billion, the size of the current stimulus package source
Posted by Ernie Smith • 0 Comments • Permalink

06 Feb 2009 20:17

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U.S.: Well, isn’t that a dramatic quote about jobs and the economy

  • Last month the economy lost 598,000 jobs. That is the equivalent of losing every job in the state of Maine.
  • Robert Gibbs • White House press secretary, on the economic crisis. This quote may have been a not-so-subtle ploy by Gibbs to get Maine’s two Republican senators on board for the economic stimulus plan. If nothing else, it’s striking, dude. • source
Posted by Ernie Smith • 0 Comments • Permalink

06 Feb 2009 08:29

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Offbeat: How many people have applied for the Aussie dream job, anyway?

  • 10,000+ applications have been submitted for the job, which would be fun in the sun in the Great Barrief Reef for six months source
Posted by Ernie Smith • 0 Comments • Permalink

05 Feb 2009 11:45

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Biz: Donald Trump: We’re in a depression. He says so.

  • Let’s face it, Larry, we are in a depression. If they didn’t do the bailout, you would be in depression No. 2 and maybe just as big as depression No. 1, so they really had to do something.
  • Donald Trump • talking to Larry King about the economy and the banks. Trump says that the executive salary caps are necessary and that the big problem is that banks aren’t loaning out their bailout money and instead are using it for other things. • source
Posted by Ernie Smith • 0 Comments • Permalink

05 Feb 2009 10:32

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U.S.: How many jobs were lost in January? A lot.

  • 540,000 says the gov’t. Yikes. source
Posted by Ernie Smith • 0 Comments • Permalink

05 Feb 2009 10:29

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U.S.: Oof! Initial jobless claims hit a 26-year high

  • 626,000 number of initial jobless claims made in the week ending January 31 source
Posted by Ernie Smith • 0 Comments • Permalink
 

04 Feb 2009 10:56

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U.S.: Big cities are feeling the unemployment squeeze pretty badly

  • 98% of all cities saw their unemployment levels rise source
Posted by Ernie Smith • 0 Comments • Permalink

04 Feb 2009 10:42

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Biz, U.S., World: How much could bailed-out execs get their pay capped?

  • $500,000 plus stock options source
Posted by Ernie Smith • 0 Comments • Permalink

03 Feb 2009 22:57

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Biz: Auto sales sucked in January, and then some

  • -37% decline in sales from January 2008. Oof. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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