SUA Breaking News »Deal With Devil Done – Obama, Iran Celebrate, World Cringes
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Greek “No Vote” – Will it Win, and We All Lose?

Editor’s Note – As Greece votes today, the rest of the world’s markets quiver. What will be the impact here in America? What will happen to our markets that follow the opening of other world markets? Will there be a domino-effect? Greek pollsters and early results suggest a win for the “no” side in Sunday’s […]

Jobs, U-3 Rate “Ridiculous” Barometer, Record 93M Out

By SUA Staff Another month has gone by in this lackluster “recovery” and a new job report was released yesterday with many crowing over the lower unemployment rate. Of course, once again we have to point out that the number touted is the U-3, or official rate; now a completely useless stat for anything but political […]

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90 Day Freeze On Our Debt at $18+…TRILLION

Editor’s Note – This is surely another “shake your head” moment. Kick the can down the road. After all, Obama is just running out the clock and burdening the future of all citizens and dropping problem after problem on future Presidents. Again we ask – How much is a trillion? Please, do not tell Obama […]

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The Worlds 3rd Largest Bank To Cut 50,000 Jobs!!!

Editor’s Note – The 3rd largest bank in the world is about to cut 50,000 jobs. Even though they are headquartered in the UK, HSBC does employ approximately 14,000 people in the United States. It is uncertain how many in America will be loosing their jobs, if any, but that is a huge number.  That information has […]

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Labor Report Shows Gains, The Market Impact, EU Troubles

Editor’s Note – The monthly jobs report is in and many are calling it an improvement while others are much more skeptical. Yes, there was a sizable gain in jobs, and the U1 rate stayed at 5.5%, but those are deceptive because of the numbers that underlie the broader picture. Americans are finding jobs, but […]

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Sputtering Economy as GDP Flat-Lines, Global Instability

Editor’s Note – In the beginning of April, we reported on the March jobs report referring to our economy as “sputtering.” Today we see that the economic growth has basically flat-lined in the United States. In the report below from the Washington Post, they point out the conflicting reasons and the usual excuses coming from […]

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“Sputtering Economy,” March Jobs Report Surprises Experts

By Scott W. Winchell The “sputtering economy” jobs numbers are out, and depending on who you get your analysis from, the general consensus on the release of the March jobs report by the Bureau of Labor Statistics is mixed at best, but once again, it is hard to see what they really mean unless we examine […]

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Global Crash Fears – Stability of EU in Question, Fed Presser

Editor’s Note – The British media are reporting something we are not seeing in the American media concerning the state of the world’s economy, especially in regard to perennial economic ‘problem child’, Greece. The article below discusses the latest on the situation and its global impact. The fragile state of affairs that now plague’s Brazil, […]

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U-3 drops again – the real story behind the numbers

Compiled by SUA Staff Friday’s release of the February jobs report was received with mixed reviews. Yes the U-3 number went down again to 5.5% but again, that Bureau of Labor Statistics designation leaves so much out of the story. The more precise statistic, the U-6 dropped as well from 11.3% to 11.0%. Here is […]

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Obama Vetoes Keystone XL Pipeline with Lame Excuse

Editor’s Note – By citing a procedural process issue, Obama has vetoed what we all knew he never wanted, the Keystone XL Pipeline. He accuses the Congress of going around a “proven process” and usurping the power of the Executive on this project. He said the process was being cut short but after 5 studies […]

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