Archive for August, 2010
Obama defends Ground Zero mosque (Don’t Worry Obama is NOT a Muslim /Sarc)
President Barack Obama on Friday endorsed a controversial plan to build a mosque and Islamic center just blocks from Ground Zero in Manhattan, despite the strong objections of conservatives, the ADL and those who lost loved ones in the September 11 attacks.
“Ground Zero is, indeed, hallowed ground,” Obama said at a White House dinner celebrating the […]
The stunning decline of Barack Obama: 10 reasons why Obama presidency is in meltdown
Can it get any worse for President Obama? Undoubtedly yes. Here are 10 key reasons why the Obama presidency is in serious trouble, and why its prospects are unlikely to improve between now and the November mid-terms.
1. The Obama presidency is out of touch with the American people
Read the whole story at Telegraph.co.uk
Federal Reserve Downgrades Recovery Outlook
Fed downgrades recovery outlook
Read the whole story at FT.com
“Hillary for Vice President” Movement Gains Traction
As President Obama sinks in the polls, Democrats and liberal pundits inevitably are searching for a scapegoat. The most likely victim appears to be gaffe-prone Vice President Joe Biden, who has become the focus of speculation that Secretary of State Hillary Clinton just might replace him on the 2012 Democratic ticket.
Read […]
White House To Democrats: Don’t talk healthcare, talk jobs
As Democrats fan out across the country to campaign for reelection this month, many are surprisingly quiet about their hard-won accomplishments — the major bills they have passed under President Obama.
In an effort coordinated with the White House, congressional leaders are urging Democrats to focus less on bragging about what […]
Freddie Mac Posts $6 Billion Quarterly Loss (Hope & Change Alert)
Troubled US mortgage firm Freddie Mac reported Monday a second quarter net loss of six billion dollars and sought another 1.8 billion dollars from the Treasury to contain the red ink.
The government-backed company said its strategies to boost business and “sustainable homeownership” were taking hold but cited high unemployment posing […]
Pesky Wasilla Palin Rumors: Palin to Announce 2012 Candidacy at Reagan Library on HIS 100th B-Day!
That’s what I heard. Governor Palin will announce her candidacy for President in 2012 at the celebration of the 100th anniversary of Ronald Reagan’s birth, on February 11th 6th, 2011. At his Library.
This is as close to testing the waters on playing with the idea I’ve found yet. The dream ticket […]
Obama attacks Bush policies in Bush’s home state
Obama attacks Bush policies in Bush’s home state Photo 6:20pm EDT
By Ross Colvin
AUSTIN, Texas (Reuters) - President Barack Obama attacked the economic policies of his Republican predecessor George W. Bush in Bush’s home state on Monday as evidence of the way Republicans would operate if given power in November 2 U.S. […]
Rep. Charles Rangel says he tried to make deal to avoid ethics charges, but GOP wanted trial (Weep)
Rep. Charles Rangel told Harlem leaders Saturday he signed a plea deal on ethics charges but that the GOP pushed for a trial.
“He said he had signed an agreement. He was ready to go but I guess politics came into play,” said Assemblyman Keith Wright (D-Manhattan), one of about 50 leaders gathered for a Harlem […]
Sen. Graham Says Jesus Inspired Him to Vote for Kagan (Hypocrite, a Liar or exactly what is this guy??)
Republican Sen. Lindsey Graham of South Carolina said that Jesus’s Golden Rule inspired him to vote to confirm Elena Kagan to the U.S. Supreme Court and suggested it would be a good thing for his Senate colleagues to also ponder Jesus’s words as they prepared to vote on Kagan.
“It is divine in its orientation, and […]
Federal Reserve Set To Downgrade Outlook For US
The Federal Reserve is set to downgrade its assessment of US economic prospects when it meets on Tuesday to discuss ways to reboot the flagging recovery.
Faced with weak economic data and rising fears of a double-dip recession, the Federal Open Market Committee is likely to ensure its policy is not constraining growth and to use […]
60,000 Babies Born to Non Citizens Get U.S. Birthright - in Texas alone
As Republican members of Congress press for changes to the 14th Amendment of the U.S. Constitution, preventing automatic citizenship for babies born to illegal immigrants, opponents insist the debate is not really about babies.
Read the whole story at Yahoo News
FIRST LADY’S $375,000 VACATION? - What Recession?
Michelle Obama today faced a fresh wave of attacks over her lavish break in Spain with 40 friends, which could easily cost U.S. taxpayers a staggering £50,000 a day.
The First Lady has been lambasted for her extravagance at a time when the economy is still struggling. One blogger went so far as to brand her […]
Economy sheds 131,000 jobs in July (Gov’t revised payrolls for May and June show 97,000 fewer jobs than previously reported)
Employment fell for a second straight month in July as more temporary census jobs ended while private hiring rose less than expected, pointing to an anemic economic recovery.
Read the whole story at CNBC
Weekly Jobless Claims Show Unexpected Increase
- In a report that is likely to lead to renewed concerns about the job market, the Labor Department said Thursday that first-time claims for unemployment benefits unexpectedly showed a moderate increase in the week ended July 31st.
The report showed that initial jobless claims rose to 479,000 from the previous week’s […]
Liberal: We’re Suffering From “Post-Traumatic First African American President Syndrome”
“We’re not giving this man an opportunity to really — we keep hitting him with all of these things but reality is he’s done more in two years than any other president since 1930,” liberal commentator and MSNBC contributor Karen Hunter said.
“Elena Kagan, that will make two females on the Supreme […]
Senate Approves Higher Government Mortgage Fees (FHA Loan)
Higher monthly fees are coming for consumers who take out home loans guaranteed by the Federal Housing Administration, the primary source of mortgages for first-time homebuyers.
Earlier this year, the FHA raised the upfront fee to 2.25 percent of the total mortgage amount from 1.75 percent. Agency officials want to lower that […]
Rand Paul leads Jack Conway 40.6% to 31.4% with 27% undecided
The gap between Republican U.S. Senate candidate Rand Paul and Democrat Jack Conway widened to 9 points in the latest cn|2 Poll released Thursday, but the number of those saying they weren’t sure also jumped.
Paul leads with 40.6% compared to 31.4% for Conway. About 27% of 802 likely voters interviewed this […]
California Senate: Boxer (D) 45%, Fiorina (R) 40%
The U.S. Senate race between Democratic incumbent Barbara Boxer and her Republican challenger Carly Fiorina remains close in California.
The latest Rasmussen Reports statewide telephone survey of Likely Voters shows Boxer picking up 45% support, while Fiorina earns 40% of the vote. Five percent (5%) prefer a different candidate, and 10% are […]
U.S. underemployment rate 18.4 percent in July, according to Gallup poll
The underemployment rate as measured by Gallup was 18.4 percent in July, up slightly from 18.3 percent in June. The results confirm that there was no real improvement in the U.S. job market last month.
The underemployment rate measures both Americans who are unemployed and those working part-time but wanting full-time work.
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