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Financial News Update – 08/22/10

Posted on August 22, 2010 by TMH

Why entrepreneurs offer more to society when they create wealth than when they give it away

Economic doldrums leave Americans in no mood for Obama’s liberal agenda (Hat Tip: Jean Stoner)

Hard Truth: Stimulus Bill Did NOT Lesson Unemployment

Close Your Eyes… Now Imagine George W. Bush With a Record 9.5% Unemployment Rate

The Disaster Continues… Record Number of Workers Make Hardship Withdrawals From Their 401(k) Plans

Small Investors Flee Stock Market, Pull $33B From Mutual Funds

SurvivalBlog:

Could 62 Million Homes Be Foreclosure-Proof?

Jobless claims rise to highest level in nine months.

Sugar beet growers worried there might not be 2011 crop.

Obamanomics is Why There is No Recovery

Connecticut May Have Just a Week’s Worth of Cash

Double-digit Jump in Bankruptcies

12 New Ways to Safeguard Your Money

China Doubles Korea Bond Holdings as Asia Switches from Dollar

Inflation Watch

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