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<title>ActionWars</title>
<link>www.actionwars.com</link>
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<title>Microchiping included in Healthcare Bill ?</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=240</link>
<description>&lt;a href=&quot;http://www.dailypaul.com/node/105079&quot;&gt;http://www.dailypaul.com/node/105079&lt;/a&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;&amp;quot;Buried deep within the over 1,000 pages of the massive US Health Care Bill (PDF) in a &amp;ldquo;non-discussed&amp;rdquo; section titled: Subtitle C-11 Sec. 2521&amp;mdash; National Medical Device Registry, and which states its purpose as:&lt;/p&gt;&lt;p&gt;&amp;ldquo;The Secretary shall establish a national medical device registry (in this subsection referred to as the &amp;lsquo;registry&amp;rsquo;) to facilitate analysis of postmarket safety and outcomes data on each device that&amp;mdash;&amp;lsquo;&amp;lsquo;(A) is or has been used in or on a patient; and &amp;lsquo;&amp;lsquo;(B) is a class III device; or &amp;lsquo;&amp;lsquo;(ii) a class II device that is implantable.&amp;rdquo;&lt;/p&gt;&lt;p&gt;In &amp;ldquo;real world speak&amp;rdquo;, according to this report, this new law, when fully implemented, provides the framework for making the United States the first Nation in the World to require each and every one of its citizens to have implanted in them a radio-frequency identification (RFID) microchip for the purpose of controlling who is, or isn&amp;rsquo;t, allowed medical care in their country.&lt;/p&gt;&lt;p&gt;&lt;a href=&quot;http://waysandmeans.house.gov/media/pdf/111/AAHCA09001xml.pdf&quot; title=&quot;http://waysandmeans.house.gov/media/pdf/111/AAHCA09001xml.pdf&quot; target=&quot;_blank&quot;&gt;http://waysandmeans.house.gov/media/pdf/111/AAHCA09001xml.pdf&lt;/a&gt;&lt;/p&gt;&lt;/div&gt;</description>
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<title>DOE Announces Peak Oil</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=239</link>
<description>&lt;a href=&quot;http://www.postcarbon.org/blog-post/85699-quacks-like-a-duck&quot;&gt;http://www.postcarbon.org/blog-post/85699-quacks-like-a-duck&lt;/a&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;According to&amp;nbsp;&lt;a href=&quot;http://petrole.blog.lemonde.fr/2010/03/25/washington-considers-a-decline-of-world-oil-production-as-of-2011/&quot;&gt;an article in&amp;nbsp;&lt;em&gt;Le Monde&lt;/em&gt;&lt;/a&gt;&amp;nbsp;on March 25, the US Department of Energy &amp;quot;admits that ''''&lt;em&gt;a chance exists that we may experience a decline&lt;/em&gt;'''' of world liquid fuels production between 2011 and 2015 ''''if the investment is not there.''''&amp;quot; This bombshell emerged in &amp;quot;an exclusive interview with Glen Sweetnam, main official expert on the oil market in the Obama administration.&amp;quot;&lt;/p&gt;&lt;p&gt;The&amp;nbsp;&lt;em&gt;Le Monde&lt;/em&gt;&amp;nbsp;article goes on: &amp;quot;The DoE dismisses the ''''peak oil'''' theory, which assumes that world crude oil production should irreversibly decrease in a nearby future, in want of sufficient fresh oil reserves yet to be exploited. The Obama administration supports the alternative hypothesis of an ''''&lt;em&gt;undulating plateau&lt;/em&gt;.'''' Lauren Mayne, responsible for liquid fuel prospects at the DoE, explains : ''''&lt;em&gt;Once maximum world oil production is reached, that level will be approximately maintained for several years thereafter, creating an undulating plateau. After this plateau period, production will experience a decline.&lt;/em&gt;''''&amp;quot;&lt;/p&gt;&lt;/div&gt;</description>
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<title>Closed-Door UK Meeting on “Inevitable” Peak Oil Crisis</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=238</link>
<description>&lt;a href=&quot;http://www.heatingoil.com/blog/leaders-at-closed-door-uk-meeting-on-%E2%80%9Cinevitable%E2%80%9D-peak-oil-crisis-weigh-possible-solutions-to-energy-scarcity325/&quot;&gt;http://www.heatingoil.com/blog/leaders-at-closed-door-uk-meeting-on-&amp;ldquo;inevitable&amp;rdquo;-peak-oil-crisis-weigh-possible-solutions-to-energy-scarcity325/&lt;/a&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;According to a summary of proceedings, the&amp;nbsp;&lt;a href=&quot;http://www.heatingoil.com/blog/british-energy-minister-holds-closed-door-meeting-on-peak-oil323/&quot; target=&quot;_blank&quot;&gt;secret meeting that took place Monday&lt;/a&gt;between the British energy minister and the business taskforce responsible for last month&amp;rsquo;s provocative peak oil report was indeed the beginning of an ongoing process to understand and prepare for the end of cheap oil.&lt;/p&gt;&lt;p&gt;&amp;ldquo;Although Chatham House rules prevent me from stating what the Minister said, there is clearly a desire to continue this dialogue on peak oil,&amp;rdquo; Rob Hopkins wrote on Wednesday&amp;nbsp;&lt;a href=&quot;http://transitionculture.org/2010/03/24/government-%E2%80%98peak-oil-summit%E2%80%99-starts-the-process-of-government-acknowledging-peak-oil/&quot; target=&quot;_blank&quot;&gt;on his blog Transition Culture&lt;/a&gt;. A prominent promoter of a movement that actively encourages and monitors societal structures based on a low-energy future, Hopkins joined colleague Peter Lipman as representatives of the Transition network at the closed-door meeting.&lt;/p&gt;&lt;/div&gt;</description>
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<title>Here we go again - what a waste it is</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=237</link>
<description>&lt;a href=&quot;http://www.smh.com.au/opinion/society-and-culture/here-we-go-again--what-a-waste-it-is-20100318-qib4.html&quot;&gt;http://www.smh.com.au/opinion/society-and-culture/here-we-go-again--what-a-waste-it-is-20100318-qib4.html&lt;/a&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;I''''VE had it. My blood pressure is rising, my teeth are clenching, I can''''t take it any more. I''''m sick of waste. In every form, wherever it occurs, and we are all responsible.&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;/div&gt;</description>
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<title>Oil? We’re Here for the Heroin! (at $19,923,200 per barrel!)</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=236</link>
<description>&lt;a href=&quot;http://www.truthistreason.net/oil-were-here-for-the-heroin-at-19923200-per-barrel&quot;&gt;http://www.truthistreason.net/oil-were-here-for-the-heroin-at-19923200-per-barrel&lt;/a&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;&lt;strong&gt;The recent article about Russia criticizing US and NATO forces (attached below) struck a chord with me because just a few weeks ago, I discussed how and why I believed US and NATO forces to be the world&amp;rsquo;s largest drug cartel.&amp;nbsp; The push into the Helmand Province was a key element, being some of the most fertile production areas in the world.&amp;nbsp; In that article, I asked why US and NATO forces have not begun destroying the opium fields, salting the region or even engineering a Monsanto-like gene to sterilize the plants.&amp;nbsp;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;In response, I received multiple emails talking about the &amp;ldquo;poor farmers who have nothing else to do&amp;rdquo; and&amp;nbsp;how many&amp;nbsp;people would starve if we destroyed the poppy fields.&amp;nbsp; I read several articles on USA Today, CNN, FOX, etc talking about the same thing.&amp;nbsp; They were shifting the blame.&amp;nbsp; The poor Afghan farmer was the victim in these emails and articles.&amp;nbsp;&lt;/strong&gt;&lt;/p&gt;&lt;/div&gt;</description>
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<title>Stop the Ug99 Fungus Before Its Spores Bring Starvation</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=235</link>
<description>&lt;a href=&quot;http://www.wired.com/magazine/2010/02/ff_ug99_fungus/&quot;&gt;http://www.wired.com/magazine/2010/02/ff_ug99_fungus/&lt;/a&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;p&gt;&lt;strong&gt;As they queue&lt;/strong&gt;&amp;nbsp;to fill water jugs from a rusty communal tap, the women of&amp;nbsp;&lt;a href=&quot;http://www.traveljournals.net/explore/kenya/map/m3118613/njoro.html&quot;&gt;Njoro&lt;/a&gt;&amp;nbsp;can&amp;rsquo;t help but gawk at the odd scene across the road. In a wheat field ringed by barbed wire, a dozen men wearing white polyethylene jumpsuits stand in a tight huddle, eyes fixed on the green-and-amber stalks that graze their knees. They chat in foreign tongues &amp;mdash; Urdu, Farsi, Chinese &amp;mdash; that are rarely heard here amid the acacia trees and donkey carts of Kenya&amp;rsquo;s Rift Valley. The men&amp;rsquo;s hazmat-style safety gear suggests they might be hunting down one of the infamous viruses that flourish in this part of the world &amp;mdash; Ebola, perhaps, or Marburg.&lt;/p&gt;&lt;p&gt;Then the leader of the huddle, Harbans Bariana, a rotund Australian in an undersize safari hat, begins reading aloud from his clipboard: &amp;ldquo;Wylah?&amp;rdquo; he asks.&lt;/p&gt;&lt;p&gt;His colleagues bend down to examine some flaccid plants flecked with red splotches. A lanky Pakistani with a salt-and-pepper beard rakes a finger along one of the mottled stalks; an iodine-like residue rubs off on his skin. &amp;ldquo;40 S,&amp;rdquo; he calls out.&lt;/p&gt;&lt;p&gt;The men move three steps right to a slightly more robust clump of wheat. The Australian asks: &amp;ldquo;Yandanooka?&amp;rdquo;&lt;/p&gt;&lt;p&gt;&amp;ldquo;25 MR?&amp;rdquo; comes the tentative reply from a mustachioed Nepali in a green baseball cap. They slide over to inspect another stalk, and then another.&lt;/p&gt;&lt;p&gt;To the women at the tap, faces scrunched in puzzlement, the call-and-response sounds like gibberish &amp;mdash; and to most of the world, it is. But to the jumpsuited strangers in East Africa &amp;mdash; a group of elite plant pathologists &amp;mdash; these codenames and numbers are a lingua franca, describing just how badly a crop has been ravaged by disease. These specialists have come to Njoro on this autumn afternoon to study a scourge that is destroying acres of Kenyan fields.&lt;/p&gt;&lt;/div&gt;</description>
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<title>Israeli kiosk vendors at malls in U.S. disappearing</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=234</link>
<description>&lt;a href=&quot;http://onlinejournal.com/artman/publish/article_5598.shtml&quot;&gt;http://onlinejournal.com/artman/publish/article_5598.shtml&lt;/a&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;table&gt;&lt;tr&gt;&lt;td&gt;By Wayne Madsen&lt;br /&gt;Online Journal Contributing Writer&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Feb 19, 2010, 00:20&lt;br /&gt;&lt;br /&gt;&lt;/td&gt;&lt;td align=&quot;right&quot; valign=&quot;top&quot;&gt;&lt;a href=&quot;mailto:?subject=Israeli%20kiosk%20vendors%20at%20malls%20in%20U.S.%20disappearing&amp;amp;amp;body=http%3A%2F%2Fonlinejournal.com%2Fartman%2Fpublish%2Farticle_5598.shtml&quot;&gt;Email&amp;nbsp;this&amp;nbsp;article&lt;/a&gt;&lt;br /&gt;&amp;nbsp;&lt;a href=&quot;http://onlinejournal.com/artman/publish/printer_5598.shtml&quot;&gt;Printer&amp;nbsp;friendly&amp;nbsp;page&lt;/a&gt;&lt;br /&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;p class=&quot;MsoNormal&quot;&gt;(&lt;a href=&quot;http://www.waynemadsenreport.com/&quot;&gt;WMR&lt;/a&gt;)&amp;nbsp;-- Israeli mall kiosk vendors, identified by the National Security Agency (NSA) and U.S. counter-intelligence agencies as part of an Israeli intelligence-gathering operation in the United States, have started to abandon their kiosks in malls across the United States, according to information received by WMR.&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot;&gt;In particular, kiosks that sell Israeli Dead Sea skin care products have recently been vacated by young Israeli nationals at the Arundel Mills Mall in Hanover, Maryland, and at malls in the Philadelphia area. The kiosks have been emptied of their products and have been vacated, according to our sources.&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot;&gt;In the past, Israeli mall kiosks sold products ranging from toys to ear jewelry.&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot;&gt;NSA security warned NSA employees that the Israeli-owned kiosk at the nearby Columbia, Maryland, mall should be avoided by NSA personnel as NSA intercepts determined the kiosks are affiliated with Israeli intelligence-gathering operations in the United States.&lt;/p&gt;&lt;/div&gt;</description>
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<title>Prognosis 2012: Towards a New World Social Order</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=233</link>
<description>&lt;a href=&quot;http://www.globalresearch.ca/index.php?context=va&amp;amp;amp;aid=17826&quot;&gt;http://www.globalresearch.ca/index.php?context=va&amp;amp;aid=17826&lt;/a&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&lt;strong&gt;Historical background &amp;ndash; the establishment of capitalist supremacy&lt;/strong&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;When&amp;nbsp;the Industrial Revolution began in Britain, in the late 1700s, there was lots of money to be made by investing in factories and mills, by opening up new markets, and by gaining control of sources of raw materials. The folks who had the most money to invest, however, were not so much in Britain but more in Holland. Holland was the leading Western power in the 1600s, and its bankers were the leading capitalists. In pursuit of profit, Dutch capital flowed to the British stock market, and thus the Dutch funded the rise of Britain, who subsequently eclipsed Holland both economically and geopolitically.&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;In this way British industrialism came to be dominated by wealthy investors, and capitalism became the dominant economic system. This led to a major social transformation. Britain had been essentially an aristocratic society, dominated by landholding families. As capitalism became dominant economically, capitalists became dominant politically. Tax structures and import-export policies were gradually changed to favor investors over landowners.&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;It was no longer economically viable to simply maintain an estate in the countryside: one needed to develop it, turn it to more productive use. Victorian dramas are filled with stories of aristocratic families who fall on hard times, and are forced to sell off their properties. For dramatic purposes, this decline is typically attributed to a failure in some character, a weak eldest son perhaps. But in fact&amp;nbsp;the decline of aristocracy was part of a larger social transformation brought on by the rise of capitalism.&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;The business of the capitalist is the management of capital, and this management is generally handled through the mediation of banks and brokerage houses. It should not be surprising that investment bankers came to occupy the top of the hierarchy of capitalist wealth and power. And in fact, there are a handful of banking families, including the Rothschilds and the Rockefellers, who have come to dominate economic and political affairs in the Western world.&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;Unlike aristocrats, capitalists are not tied to a place, or to the maintenance of a place. Capital is disloyal and mobile &amp;ndash; it flows to where the most growth can be found, as it flowed from Holland to Britain, then from Britain to the USA, and most recently from everywhere to China. Just as a copper mine might be exploited and then abandoned, so under capitalism a whole nation can be exploited and then abandoned, as we see in the rusting industrial areas of America and Britain.&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;This detachment from place leads to a different kind of geopolitics under capitalism, as compared to aristocracy. A king goes to war when he sees an advantage to his nation in doing so.&amp;nbsp;Historians&amp;nbsp;can ''''''''explain'''''''' the wars of pre-capitalist days, in terms of the aggrandizement of monarchs and nations.&amp;nbsp;&lt;br /&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&lt;br /&gt;A capitalist stirs up a war in order to make profits, and in fact our elite banking families have financed both sides of most military conflicts since at least World War 1. Hence historians have a hard time ''''''''explaining'''''''' World War 1 in terms of national motivations and objectives.&amp;nbsp;&lt;br /&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&lt;br /&gt;In pre-capitalist days warfare was like chess, each side trying to win. Under capitalism warfare is more like a casino, where the players battle it out as long as they can get credit for more chips, and the real winner always turns out to be the house &amp;ndash; the bankers who finance the war and decide who will be the last man standing. Not only are wars the most profitable of all capitalist ventures, but by choosing the winners, and managing the reconstruction, the elite banking families are able, over time, to tune the geopolitical configuration to suit their own interests.&amp;nbsp;&lt;br /&gt;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&lt;br /&gt;Nations and populations are but pawns in their games. Millions die in wars, infrastructures are destroyed, and while the world mourns, the bankers are counting their winnings and making plans for their postwar reconstruction investments.&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;From their position of power, as the financiers of governments, the banking elite have over time perfected their methods of control. Staying always behind the scenes, they pull the strings controlling the media, the political parties, the intelligence agencies, the stock markets, and the offices of government. And perhaps their greatest lever of power is their control over currencies. By means of their central-bank scam, they engineer boom and bust cycles, and they print money from nothing and then loan it at interest to governments. The power of the banking elites is both absolute and subtle...&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;center&quot;&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp; &amp;nbsp;&amp;quot;Some of the biggest men in the United&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;center&quot;&gt;States are afraid of something. They&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;center&quot;&gt;know there is a power somewhere, so&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;center&quot;&gt;organised, so subtle, so watchful, so&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;center&quot;&gt;interlocked, so complete, so pervasive&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;center&quot;&gt;that they had better not speak above&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;center&quot;&gt;their breath when they speak in&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;center&quot;&gt;condemnation of it.&amp;quot;&lt;/p&gt;&lt;p class=&quot;MsoNormal&quot; align=&quot;center&quot;&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp; &amp;nbsp;-- President Woodrow Wilson&lt;/p&gt;&lt;/div&gt;</description>
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<title>U.S. Master Class Dictatorship Ready to Pull Trigger</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=232</link>
<description>&lt;div&gt;&lt;a href=&quot;http://www.kitco.com/ind/Dougherty/jan222010.html&quot;&gt;http://www.kitco.com/ind/Dougherty/jan222010.html&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;FOREWORD: At certain times, focusing on the big picture is important not just for investment success, but for personal welfare, and even survival. We believe such times are here. It is estimated that 98% of Americans have never held a gold coin in their hands. Yet 100% of Americans regularly handle Federal Reserve Notes. From a contrarian standpoint, the financial message from those two statistics is clear. Even so, gold is much more than money or an investment medium; it stands for liberty and throughout history has facilitated escape and ensured freedom. Never having touched a gold coin is the monetary equivalent to never having breathed fresh air, felt the warmth of sunshine, looked up at the stars or risen from the gutter. Fiat Federal Reserve Notes are becoming nothing more than sewage decomposing in the vast, toxic septic tank of predatory Washington politics, epic Federal Reserve arrogance and error, blatant Wall Street fraud and outright Master Class plunder. Below, we outline America&amp;rsquo;s troubling and compounding predicament, and urge you to think about how to protect yourself from its consequences, both financially and personally.</description>
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<title>Seven in Ten Putting Off Retirement Do So for Financial Reasons</title>
<link>www.actionwars.com/modules.php?name=News&amp;file=article&amp;sid=231</link>
<description>&lt;a href=&quot;http://globaleconomicanalysis.blogspot.com/2010/03/seven-in-ten-put-off-retirement-for.html&quot;&gt;http://globaleconomicanalysis.blogspot.com/2010/03/seven-in-ten-put-off-retirement-for.html&lt;/a&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;a href=&quot;http://globaleconomicanalysis.blogspot.com/2010/03/seven-in-ten-put-off-retirement-for.html&quot;&gt;Seven in Ten Putting Off Retirement Do So for Financial Reasons; What are the Implications?&lt;/a&gt;&lt;div class=&quot;post-header-line-1&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class=&quot;post-body&quot;&gt;&lt;p&gt;Here is an interesting pair of articles, one on California the other on boomers postponing retirement for financial reasons.&lt;br /&gt;&lt;br /&gt;In California, it''''''''s no surprise that economists are surprised at just how bad things are. Please consider&amp;nbsp;&lt;a target=&quot;_blank&quot; href=&quot;http://www.contracostatimes.com/ci_14493140?source=most_viewed&quot;&gt;California job losses grow&lt;/a&gt;.&lt;br /&gt;&lt;/p&gt;&lt;blockquote&gt;&amp;quot;The economy was a lot worse than everybody thought,&amp;quot; said Howard Roth, chief economist with the state''''''''s Department of Finance. &amp;quot;The job market is weaker than we figured.&amp;quot;&lt;br /&gt;&lt;br /&gt;It appears California lost 871,000 jobs in 2009, suggests an estimate provided by the state Employment Development Department.&lt;br /&gt;&lt;br /&gt;&amp;quot;This is the worst recession for California since the Great Depression,&amp;quot; said Brad Kemp, director of regional research with Beacon Economics.&lt;br /&gt;&lt;br /&gt;If those estimates hold up when final revisions are released this month, the actual job losses in the state would be far more grim than first believed. In the initial EDD estimate, released Jan. 22, the EDD reported California employers chopped 579,000 jobs from payrolls in 2009.&lt;br /&gt;&lt;br /&gt;&amp;quot;We will have a really big downward revision,&amp;quot; Roth said.&lt;br /&gt;&lt;br /&gt;That would translate into an 292,000 more jobs that were lost, on top of the prior losses.&lt;/blockquote&gt;Seven In Ten Boomers Put Off Retirement For Financial Reasons&lt;br /&gt;&lt;br /&gt;Inquiring minds are noting&amp;nbsp;&lt;a target=&quot;_blank&quot; href=&quot;http://finance.yahoo.com/news/More-Than-SeveninTen-Workers-prnews-3904579021.html?x=0&quot;&gt;More Than Seven-in-Ten Workers Age 60+ Are Putting Off Retirement Due to Financial Restraints, According to a New CareerBuilder Survey&lt;/a&gt;&lt;br /&gt;&lt;blockquote&gt;The economy continues to change the retirement timeline for many mature workers, leaving them with tough decisions about their futures. More than seven-in-ten (72 percent) workers over the age of 60 who said they are putting off their retirement are doing so because they can''''''''t afford to retire financially, according to a new survey by CareerBuilder. When comparing genders, the survey found that three-quarters (76 percent) of female workers over the age of 60 who said they are putting off retirement are doing so because they can''''''''t afford it, while 68 percent of males said the same.&lt;/blockquote&gt;Note: The title of the article on Yahoo Finance:&amp;nbsp;More Than Seven-in-Ten Workers Age 60+ Are Putting Off Retirement Due to Financial Restraints, According to a New CareerBuilder Survey&amp;nbsp;is misleading.&lt;br /&gt;&lt;br /&gt;The correct take-away is &amp;quot;Of those putting off retirement, 7.2 out of 10 do so for financial reasons&amp;quot;. Another key number is how many are putting off retirement. That the article does not say, but unprecedented debt levels are no doubt a big problem, with serious implications.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;&lt;br /&gt;&lt;/strong&gt;&lt;/div&gt;&lt;/div&gt;</description>
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