Layoffs, Unemployment, Economy Problems

WORLD ALTERNATIVE MEDIA – August 27, 2018: Josh Sigurdson talks with author and economic analyst John Sneisen about the countless scandals plaguing Wells Fargo topped by the slumping housing market which is forcing the insolvent bank to lay off 638 mortgage employees. (Note: Youtube is censoring videos and channels. The title of the video is “The END Is Coming For Wells Fargo – MASS Layoffs, Countless Scandals & MASSIVE Housing Bubble!”.)

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Trump eliminates pay raises for civilian federal employees

AXIOS – August 30, 2018: The article highlights that in a letter sent to House Speaker Paul Ryan on Thursday (August 30), President Trump announced that a majority of civilian federal employees will not receive pay increases next year, undoing the original 2.1% pay increase that was set to take effect in 2019.

The president explained the change is an effort “to put our Nation on a fiscally sustainable course, and Federal agency budgets cannot sustain such increases.” No change has been announced for pay increases of military troops, which are still on track to receive a 2.6% bump according to the Military Times, marking their biggest pay raise since 2009.

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