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The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy.

From CNN Money.  More here

Visit here for a special program about the housing crisis produced in a special collaboration with Chicago Public Radio and NPR News. What does the housing crisis have to do with the turmoil on Wall Street? Why did banks make half-million dollar loans to people without jobs or income? And why is everyone talking so much about the 1930s? It all comes back to the Giant Pool of Money.

From CNN Politics:

As the United States writhes in a collapsing economy, analysts and observers are wondering: Who’s skippering the ship?

One has to wonder.

More here.

From CNN Money:

The U.S. Department of Labor reported Thursday that initial filings for state jobless benefits increased by 27,000 to 542,000 for the week ended Nov. 15. This marks the third time since 1992 that initial claims have exceeded 500,000.

read more

An outraged sheriff in Illinois who refuses to evict “innocent” renters from foreclosed homes criticized mortgage companies Thursday and said the law should protect victims of the mortgage meltdown.

More here.

Join us on Thursday, November 13th at 7 p.m. for an emergency meeting to stop foreclosures in Luzerne County!  Find out what you can do to build the first action of our Right to Housing Campaign and save our homes.

The meeting will be held at the NEPA Organizing Center, at 198 S. Main St in Wilkes-Barre.

Find out how nurses grade the Presidential candidates’ healthcare proposals and how we can create a health care system that guarantees top-quality healthcare for all.  The event will be at Public Square in Wilkes-Barre on October 29th, from 4 to 5 p.m.

Registered nurse activists have launched a drive across country to make sure that voters have the
information they need to be informed about the presidential candidates’ health care proposals.

Riding the bus will are nurses, physicians, patients, healthcare activists, and Donna Smith, a star of
the movie SiCKO.

In Wilkes-Barre, the bus riders will join local nurses in the town square to distribute leaflets and talk to the public about healthcare reform.

Download the flyer here.

This article discusses the result of the current housing and economic crisis on homeowners.

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