Archive
Yemen’s President Saleh ‘wounded in palace attack’

Opposition television claimed President Saleh was killed after the attack but the reports appeared to be false. A Yemeni party official later said President Saleh was “fine”, and will hold a news conference later today.
The attack was blamed by the authoritites on dissident tribesmen loyal to Sheikh Sadiq al-Ahmar, who have been Read more…
Pinks Slips Coming For 450,000 State and Local Government Employees in 2012
In June of 2010 we noted that well known financial sector analyst and the woman who blew the doors open on the 2008 mortgage crisis, Meredith Whitney, was forecasting that two million government employees would see their jobs cut over coming years because of fiscal problems.
It’s happening.
Over 300,000 jobs have been cut in fiscal year 2011, and that number is about to increase 50% going into 2012:
Around 450,000 people who work for U.S. states, counties, cities, towns and villages could get pink slips in fiscal 2012, sharply up from the 300,000 positions shed this year, a report said on Monday.
The number of job cuts will rise mainly because the federal stimulus program Read more…
You must be logged in to post a comment.