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First ever Jobless Olympics: upbeat mood, free time granted, contestants have fun and winners stand on carbon boxes

Howard Henson, an unemployed financial IT recruiter, tosses a phone during the Unemployment Olympics in New York, Tuesday, March 31, 2009

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Jobless compete at unemployment Olympics

The increasing ranks of the unemployed today aren't just sitting around the house feeling sorry for themselves. A group of the recently job-deprived gathered in New York City's East Village on Tuesday, March 31 2009, for an event described as the Unemployment Olympics.

job-deprived gathered in New York City's East Village Tuesday for an event described as the Unemployment Olympics

Rather than an expensive stadium and firework display, the inaugural jobless games took place in an appropriately low-budget concrete playground decorated with hand-painted cardboard signs. Events included "Pin the Blame on the Boss," a dash to the "unemployment office" and a content in which participants tossed an office phone at targets. A planned competition to see who could throw a fax machine the farthest was sadly canceled at the last minute due to safety concerns.  read more »

Thomas Jefferson (13April1743 – 04July1826), principal author of Declaration of Independence, the 3rd President of US 1801-1809

Thomas Jefferson, author of the Declaration of Independence and the Statute of Virginia for Religious Freedom, 3rd president of the United States, and founder of the University of Virginia

Thomas Jefferson: "A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government."

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Thomas Jefferson, (Born April 13, 1743, at Shadwell, Virginia; died July 4, 1826, Monticello), author of the Declaration of Independence and the Statute of Virginia for Religious Freedom, third president of the United States, and founder of the University of Virginia, considered as “the first cultured President” of the United States.

Despite his family’s status, Thomas Jefferson was grounded. History Empire writes, ‘There were very few things he asked others to do that he wasn’t willing to do himself.’ His curiosity and diligence inspired hands-on learning in many fields, including archeology before it was a science.  read more »

Hail to hero! Captain who saved 19-crew's lives when US-flagged, Danish-owned freighter hijacked by pirates

The Maersk Alabama arrives in Kenya Saturday with 19 crew members on board guarded by Navy Seals. The ship's captain, Richard Phillips, was still being held hostage on a lifeboat hundreds of miles from shore by Somali pirates who seized the ship Wednesday.

Somali pirates in a drifting lifeboat with hostage Capt. Richard Phillips want $2 million for his release. How decisively wise it would be to settle the piracy issue not at the risk of a life, a hero’s life who after all has saved other 19-crew’s lives and a valuable freighter, and 400 containers of food aid for hungry people.

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The US-flagged, Danish-owned freighter, Maersk Alabama, hijacked by pirates off Somalia safely reached a Kenyan port at the price of a volunteer hostage, Capt. Richard Phillips. When asked by a journalist how it felt to arrive in Kenya, a member of the 19 remaining crew who did not give his name said it was "terrifying and exciting at the same time." Asked about his captain, he said: "He's a hero."  read more »

Leadership: when many governments busy bailing out big business, Australian banks to give mortgage help to jobless

Australia’s biggest four banks: Commonwealth Bank of Australia, New Zealand Banking Group Ltd, National Australia Bank, and Westpac Banking Corp

To keep Jobless from becoming Homeless in the midst of economic turmoil, millions need direct financial aid. Australia now takes action though its unemployment rate stood at 5.2% in February, while in comparison, unemployment rate in U.S., for example, rose to 8.5% in March and homelessness rates across the States is soaring...

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The Australian government announced Sunday that the country's biggest four banks will give people who have lost their job up to a year free of mortgage repayments. After returning from G20 meetings in London, Prime Minister Kevin Rudd told an employment conference in Melbourne the mortgage assistance plan would alleviate the "anxiety and fear" the jobless feel when faced with ongoing payments.

Australia’s Prime Minister Kevin Rudd

Australia's big-four banks, which dominate the home loan sector, include the Commonwealth Bank of Australia (CBA.AU); National Australia Bank (NAB.AU); Westpac Banking Corp. (WBC.AU) and the Australia and New Zealand Banking Group Ltd (ANZ.AU).  read more »

Floating treasure, tempting sea. World's biggest ship hijacking by pirates off coast of Somalia for $3 mil ransom

the world's biggest ship hijacking for a $3 million ransom, a Saudi supertanker

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A parachute dropped by a small aircraft is observed by the U.S. Navy as it drops over the MV Sirius Star during an apparent payment via a parachuted container to pirates holding the Sirius Star off the coast of Somalia, January 9, 2009. Somali pirates then freed the Saudi supertanker seized in the world's biggest ship hijacking for a $3 million ransom - but five drowned when their boat capsized as they were making off with their share.

the crew of the hijacked Ukrainian merchant vessel MV Faina off the coast of Somalia

The crew of the hijacked Ukrainian merchant vessel MV Faina stand on the deck, under the watch of armed Somali pirates on November 9 after a US Navy request to check on their health and welfare, at sea off the coast of Somalia.

ransom money is dropped near the Ukrainian cargo ship MV Faina off the coast of Somalia near Hobyo

In this photo provided by the U.S. Navy, ransom money is dropped near the Ukrainian cargo ship MV Faina while under observation by a U.S. Navy ship February 4, 2009 off the coast of Somalia near Hobyo. Pirates did not leave the ship until February 5.  read more »

"Great Depression had Hoovervilles. 70's crisis snaking gas lines. Today's recession is about disappearing wealth"

the vivid symbolism of Sacramento's tent city

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(Above) Steve looks out over tent city as storm clouds gather above the makeshift community. The Great Depression had Hoovervilles. The energy crisis of the 1970s had snaking gas lines. But today’s deep recession is largely about disappearing wealth -- painful, yes, but difficult to see.

A tattered encampment of 200 men and women along the American River is a vivid symbol of a financial crisis otherwise invisible to most Americans. Officials say they will shut it down within a month.

Reporting from Sacramento -- The capital's tent city sprawls messily on a grassed-over landfill beneath power lines, home to some 200 men and women with nowhere else to go. It has been here for more than a year, but in the last three weeks it has transformed into a vivid symbol of a financial crisis otherwise invisible to most Americans.

Gennadiy Petrovich Tomashov, 57, prepares soup over an open fire. Tomashov, a homeless truck driver, has been living in tent city for the last eight months

Then this tattered encampment along the American River began showing up on Oprah Winfrey, Al Jazeera and other news outlets around the world. On Thursday, city officials announced that they will shut it down within a month. "We're finding other places to go," said Steven Maviglio, a spokesman for Sacramento's mayor. The camp is "not safe. It's not humane. But we're not going in with a bulldozer."  read more »

Financial crisis deprives livelihood. Poverty sparks fury, raging across Europe: Iceland, France, Russia, Greece...

a man kneels in front of police officers during clashes with demonstrators in Paris

Protests across Europe: Bosnia, Britain, Bulgaria, Czech Republic, France, Germany, Greece, Hungary, Ireland, Latvia, Lithuania, Montenegro, Poland, Portugal, Russia, Ukraine...

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(Reuters) - French unions staged a nationwide day of action on Thursday to denounce the government's economic policies and call for more measures to help consumers.

The global financial crisis has sparked protests in many parts of Europe this year:

Chartres, France: Farmers block the entrance to the city during a nationwide strike

BOSNIA -- Bosnia's Muslim-Croat parliament canceled a session on February 26 rather than confront protesters complaining about plans to cut benefits to narrow a big budget gap.

BRITAIN -- British workers held a series of protests at power plants against the use of foreign contractors on critical energy sites. They voted to end strikes on February 5 after French oil group Total agreed to hire more British workers at its Lindsey oil refinery.

riot police arrest a farmer after he attempted to back his tractor into a group of police at the main port of Piraeus  read more »

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