Thank You MM! Recession is OVER! You are GAME OVER!

[merlion_CB]

Recession is FAR FAR from over, not even in full bloom yet, and idiots are celebrating on false signals. PAP bastards are trying to false credit themselves in another round of their usual merit frauds.:oIo:

Hopeless Lee Dynasty you are FINISHED!

http://tech.yahoo.com/news/ap/20091119/ap_on_hi_te/us_aol_layoffs

AOL to cut a third of staff

* By ANDREW VANACORE, AP Business Writer - Thu Nov 19, 2009 10:41AM EST

NEW YORK -

AOL LLC, an Internet company struggling to adapt to an advertising-driven economy, is looking to shed more than a third of its work force as it prepares to spin off from Time Warner Inc. next month.

AOL, which now employs 6,900 workers, is asking for 2,500 volunteers to accept buyouts and plans to resort to layoffs if it does not get enough people.

The voluntary offer is open to all employees from Dec. 4 though Dec. 11, AOL spokeswoman Tricia Primrose said. Time Warner, the New York media conglomerate, plans to spin AOL off as a separate company, AOL Inc., on Dec. 9.

AOL hopes to trim annual costs by about $300 million. The job cuts still need approval from the new AOL board.

Primrose would not say where the cuts would occur or what positions they would involve. The company is based in New York but also has major operations in Northern Virginia.

AOL's legacy dial-up Internet access business has been fading for many years, and the company already had shed thousands of jobs as it pared down that unit to focus more on producing content and serving advertising. But AOL had staggered in those efforts, even before advertising hit a slump because of the recession. It named one of Google Inc.'s advertising chiefs as chief executive this year to revive that business.

AOL's operations still make money, but that profit has been falling. Nonetheless, AOL does have a few bright spots, including the popular tech blog Engadget and the celebrity Web site TMZ.com, a joint venture with another Time Warner unit, Telepictures Productions, credited with being the first to report major developments including Michael Jackson's death.

Time Warner has said that AOL will take about $200 million in charges for severance and other costs related to the restructuring.

Shares in Time Warner fell 92 cents, or 2.8 percent, to $31.90 in morning trading Thursday.

AOL means America On Line.

 

[butoh6050]

It has been "game over" for MM long time ago but he still find ways to sneak back into the game.

 

[Rule of MOB]

http://www.cbsnews.com/stories/2009/11/16/national/main5673056.shtml


WASHINGTON, Nov. 16, 2009
1 in 7 Americans Went Hungry in 2008
Highest Number since USDA Began Tracking Food Security Levels in 1995



"This report suggests its time for America to get very serious about food security and hunger," Agriculture Secretary Tom Vilsack said. (AP Photo/Charlie Neibergall)

* Play CBS Video Video Waste Not, Want Not

The non-profit organization Forgotten Harvest collects thousands of pounds of perfectly edible food discarded by businesses in order to feed those who face hunger. Seth Doane reports from Detroit.

* Stories
* Rescued Food a Recipe for Relief
* Food Pantries: Long Lines, Short Supplies

(CBS/ AP) More than one in seven American households struggled to put enough food on the table in 2008, the highest number since the U.S. Department of Agriculture began tracking food security levels in 1995.

That's 14.6 percent of U.S. households, or about 49 million people. The numbers are a significant increase from 2007, when 11.1 percent of U.S. households suffered from what USDA classifies as "food insecurity" — not having enough food for an active, healthy lifestyle.

Agriculture Secretary Tom Vilsack said the numbers could be higher in 2009 because of the global economic slowdown.

"This report suggests its time for America to get very serious about food security and hunger," Vilsack told reporters during a conference call.

The USDA said Monday that 5.7 percent of those who struggled for food experienced "very low food security," meaning household members reduced their food intake.

The numbers dovetail with dire economic conditions for many Americans. And they may not take the full measure of America's current struggles with hunger: Vilsack and the report's lead author, Mark Nord with USDA's economic research service, both emphasized that the numbers reflected the situation in 2008 and that the economy's continued troubles in 2009 would likely mean higher numbers next year.

The report also showed an increasing number of children in the United States are suffering food insecurity. In 2008, 16.7 million children were classified as food insecure, 4.3 million more than in 2007.

Hunger advocates said they were not surprised by the numbers, and said the numbers for children, in particular, were lamentable.

"What should really shock us is that almost one in four children in our country lives on the brink of hunger," said David Beckmann, the President of Bread of the World, a hunger advocacy organization.

Vickie Escarra, the president of Feeding America, another hunger advocacy group, said all indications were that numbers in 2009 would be even worse than 2008.

"(T)he escalating unemployment rate and the number of working-poor, lead us to believe that the number of people facing hunger will continue to rise significantly over the coming year," she said. "Research on previous economic recessions indicates that people who fall into the grips of poverty in a time of recession do not recover financially."

Vilsack said that it would take a concerted effort to reduce the number of Americans who face food insecurity and said he hoped that the stark reality of Monday's report would inspire action. He also said it was important to recognize that the numbers could have been much worse without adequately funded food aid programs, such as food stamps.

"There's an opportunity here for the country to make a major commitment to focus on ways we can improve this process and make sure that food is safe and available for everyone," he said.

Meanwhile, Pope Benedict XVI decried the steadily worsening tragedy of world hunger on Monday after a global summit rebuffed a U.N. call to commit billions of dollars a year for a new strategy to help poor countries feed themselves.

The meeting at the U.N. Food and Agriculture Organization did unite nearly 200 countries behind a pledge to increase aid to farmers in poor countries to help the developing world lessen its dependence on foreign food aid.

Only hours after the three-day summit began, some 60 heads of state and dozens of ministers rejected the U.N.'s call to commit $44 billion annually for agricultural development in these nations. The final declaration also omitted a pledge, sought by the United Nations, to eradicate hunger by 2025.

"Hunger is the most cruel and concrete sign of poverty," Benedict told the delegates after the document was approved. "Opulence and waste are no longer acceptable when the tragedy of hunger is assuming ever greater proportions."

The last previous papal appearance at a food summit in Rome came in 1996, when Pope John Paul II delivered a speech.

U.N. officials say roughly 1 billion people — one of every six people on the planet — don't get enough to eat.

 

[johnny333]

Recession is FAR FAR from over, not even in full bloom yet, and idiots are celebrating on false signals. PAP bastards are trying to false credit themselves in another round of their usual merit frauds.:oIo:

Hopeless Lee Dynasty you are FINISHED!

PAP failed to help Sporeans in this recession. It is disgusting the way they are STILL trying to gouge the citizens e.g. the increase in HDB valuations, hike in utilities, CPF changes, .....

Gov'ts worldwide are taking steps to help their citizens get through this rough patch but in Spore it's business as usual with exploitation of the citizens. Enough is enough why do we even need such a gov't

 

[Watchman]

$2 Lego brick is most disgusting .

 

[ahleebabasingaporethief]

$2 Lego brick is most disgusting .

It is MOST PATHETIC!

They are trying to use CHILDREN to apply pressure on their parents (you and I) to donate to their whatever for whatever.

They have run out of ideas to get the public to donate more money.

They are now getting more and more CREATIVE.

I will not be surprised that during some live charity shows on TV (coming soon), they will get landlord pirate KAPUTLAND to 'graciously donate' one condo as lucky draw price.

Then stupid S'poreans will donate like buying lottery.

Even the last 3 TOTO draws have seen very little people buying. You can tell when they forcast the last draw winnings to be over $3m and it ended up at $2.8m.
Recession over? Not when people are not buying lottery like they used to.

Also, majority of S'poreans know that TOTO 'winners' are as good as GHOST FORUM WRITERS.
​

 

[cooleo]

It has been "game over" for MM long time ago but he still find ways to sneak back into the game.

When u play a game, there's a feature called CONTINUE

Then there will be a countdown...

10
9
8
7
6....

He keeps pressing even before it reaches 9.