Unemployment claims up 25,000 this week. (that’s NEW claims)

May foreclosures up 48%

Stimulus checks boost retail sales 0.8% in May. (no doubt used to buy food and necessities and what happens when that stimulus check is gone?)

Inflation up 0.6% in May

Crude oil for July delivery fell as much as $1.96, or 1.4 percent, to $134.78 a barrel on the New York Mercantile Exchange. It traded at $135.40 a barrel at 12:55 p.m. London time. Futures reached a record $139.12 a barrel on June 6. And they call this the GOOD news.

Pssssttt, somebody tell McCain what’s goin on!

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