The economy is so bad that: Banks are sending out pre-declined credit cards. I ordered a burger at McDonalds and the kid behind the counter asked, "Can you afford fries with that?" CEO's are now playing miniature golf. If the bank returns your check marked "Insufficient Funds," you call them and ask if they meant you or them. Hot Wheels and Matchbox stocks … [Read more...]
USAID + World Bank Provide Safety Net for Iraqis: Broken Net for Americans & US Small Business
The US Agency for International Development (USAID) and the World Bank are launching a Social Safety Net Program in Iraq. American tax dollars support USAID, and the US is a major contributor to the World Bank. Where is the safety net for Americans who will be footing the bill? USAID has also awarded more than $78 million in grants to 10,300 Iraqi businesses - creating or restoring jobs for … [Read more...]