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To: ild who wrote (147845)2/1/2002 4:55:48 PM
From: Haim R. Branisteanu  Respond to of 436258
 
The money goes "puff" around $1 billion a month in Afghanistan, and almost double on "home security" at airports and high rise buildings etc. the rest to pay for bills on old credit card with new credit cards and the remaining to pay for day to day life via new credit card debt, refinancing your mortgage or home equity loans .....and the list goes on.

Remember how many people are not working but worked before and have credit in good standing ? or all those 0% interest deals or all those big $$$ deals buy now and start paying in 6 months.

Unemployed..................Jan 2001.. 6,587 Jan 2002 - 8,935 thousand or 6.3%

Since September 2001 there are close to 1.9 million more unemployed

See the link Les posted before bls.gov -

BTW total hours worked in January were down

BWDIK
Haim



To: ild who wrote (147845)2/1/2002 5:31:08 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 436258
 
Another place were money went "puff" on top of ENE, Global Crossing, KM, JDSU, LU, NT, etc.

CHICAGO (Reuters) - UAL Corp. (news/quote) (UAL.N), the No. 2 U.S. carrier and parent of United Airlines, on Friday posted a record 2001 net loss of $2.1 billion, the worst ever in the airline industry, joining the parade of carriers hurt by the Sept. 11 attacks and a drop-off in lucrative business travel.

nytimes.com