Want Even More Reasons to be Pessimistic About the Economy?: The State of State Budgets Around America

Fascinating interactive graphic from the Wall Street Journal. If you're in state government or a taxpayer in any state (hmmm, I guess that includes all of us Americans!), we have a reason to be greatly concerned about the state of state budgets (and local ones as well!).

See http://s.wsj.net/public/resources/documents/st_STATEBUDGET100414_20100414.html.

David

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States Face $127 BILLION Budget Shortfall As Stimulus Dries Up

Image via CrunchBase

The budget bomb will hit next year - if the states and the feds don't get everyone's house in order, get your wheelbarrows ready for going to the grocery store, as inflation and interest rates will skyrocket because the printing presses will have to being rolling off sheets of "dolla, dolla bills" 24/7/365 to pay for all of this.

Read the Article at HuffingtonPost

David http://wyld-about-money.blogspot.com/

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Foreign flagging of offshore rigs skirts U.S. safety rules

The BP oil spill and the lack of regulation that was taking place before the Deepwater Horizon explosion that started it all becomes more amazing every day! Read this story out today from the L.A. Times - guess who was responsible for inspecting the safety of the offshore rig? Nah, not OSHA! Not in your wildest guesses will you get this one without reading this article - see:

http://www.latimes.com/news/nationworld/nation/la-na-oil-inspection-20100615,0,3043517,full.story 

You can now clean-up in an office break room or bar bet on this one!

David

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BP Call Center Employee Admits: 'We're A Diversion' (VIDEO)

Image by elycefeliz via Flickr

Just when you think BP's corporate PR can't get any worse, they find a way to top themselves! Kudos to "Janice" for speaking out - I would guess the boys at BP will direct all their resources toward finding "her" and making sure she's fired before the day is over - way more energy toward finding the leaker than plugging the leak!

Amazing story - watch below:



For full details, Read the Article at HuffingtonPost

David http://wyld-about-careers.blogspot.com/

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BP Engineer Called Deepwater Horizon 'Nightmare Well' Days Before Blast, Oil Spill

Image via CrunchBase

If it was a nightmare well before it blew-up, what do you call it now - very interesting and damning memo! Worth billions and billions of dollars in damages.....

Read the Article at HuffingtonPost

David http://wyld-business.blogspot.com/

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Beyond Left and Right: Scarborough Says Obama's BP Speech Should Echo JFK's On Space Race (VIDEO)

Image via Wikipedia

Wish that Obama would take this advice to "GO BIG," but like Lloyd Bentsen said of Dan Quayle about him comparing himself to JFK, hard to do (for those under 30, see the clip below for reference here - hard to play the "JFK card").

Watch the discussion on BP and Obama's dilemma - and his opportunity - below:

Visit msnbc.com for breaking news, world news, and news about the economy

Good points on the isolation and timidity of the Presidency - not just this President - but how the office has evolved - or devolved. This is the time to seize the moment - will he for us along the Gulf Coast?

Read the Article at HuffingtonPost

David http://wyld-business.blogspot.com/

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Simon Poulsen OWN GOAL VIDEO: Denmark Blunder Gives Netherlands World Cup Lead

Image via Wikipedia

Poor guys - only salvation is that the game ended-up 2-nil (OK, borrowing some football lingo there), so this wasn't the only score (Hey, 2-0 in this World Cup is like a rout though!).

Hey, cheer-up, you could be the goalie for England!

David http://wyld-about-sports.blogspot.com/

Read the Article at HuffingtonPost

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