Archive for October, 2010
Job losses in 2009 likely bigger than thought
WASHINGTON (Reuters) - The economy likely shed more jobs last year than previously thought, but analysts say the undercount by the government should prove less severe than it did during depths of the recession.
Read the whole story at Reuters.com
Bedbugs Strike at WALDORF ASTORIA
It’s a five-star hotel with six legs.
A guest at the Waldorf Astoria in Midtown told the New York Post that she was bitten by unseemly insects during a stay in at the luxury hotel.
15 People Fall Ill At Obama Rally
BOWIE, Md. - About 15 people have been treated for illness during a rally featuring President Obama at Bowie State University. Prince George’s County Fire and EMS spokesman Mark Brady tells WTOP numerous ambulances have been sent to the rally after people started fainting and became dizzy.
The problems could be related to warmer […]
Newt Gingrich: Democrats have become the “Party of Food Stamps” – Video
Here is video of former House Speaker Newt Gingrich calling Democrats the “Part of Food Stamps,” and says Republicans now have a chance to become the “Party of Paychecks.”
Gingrich said that Democrats have run the economy into the ground, and by failing to create an environment where new jobs can […]
Voters Are Much Less Optimistic About Black-White Relations
Perceptions about the state of black-white relations in America have fallen dramatically since the summer of 2009. But voters are still more optimistic about that relationship than they are about relations between whites and Hispanics and between blacks and Hispanics.A new Rasmussen Reports national telephone survey finds that just 36% of […]
White House Already Granting Exemptions To Obamacare All Over The Place
The Obama administration is already carving out exemptions to Obamacare, in order to allow some employers (like McDonald’s) to provide very minimal coverage to employees, far below the law’s standards.
According to NYT, the administration has already granted 30 such waivers to various organizations.
The administration is already having to deal with private insurers […]
CBS: Obama’s Approval Rating on Economy Falls Further
The President’s rating on the economy has taken a further plunge in the latest CBS News Poll. Now, only 38 percent say they approve of the job he is doing handling the issue. Half of those questioned (50 percent) say they disapprove of his work on the economy.
The public is divided on […]
Food Stamp Recipients at Record 41.8 Million Americans
The number of Americans receiving food stamps rose to a record 41.8 million in July as the jobless rate hovered near a 27-year high, the government said.
Read the whole story at Bloomberg
Companies Unexpectedly Cut 39k Workers in September, ADP Says (Thank you Obama)
Companies in the U.S. unexpectedly cut jobs in September, data from a private report based on payrolls showed today.
Employment decreased by 39,000, the biggest drop since January, after a revised 10,000 rise in August, according to figures from ADP Employer Services. The median estimate of 37 economists surveyed by Bloomberg News called for a 20,000 […]
Rush Limbaugh Calls President Obama a ‘Jackass’
Derision of the president on his program is nothing new, but Rush Limbaugh’s tone today may have struck the ears of regular listeners as particularly disdainful, taking his contempt of the president to a new level.
The nation’s preeminent conservative talk radio host referred to Mr. Obama as a “jackass,” an “economic […]
OBAMA LOSES HIS SEAL…Presidential seal falls off podium as Obama speaks
WASHINGTON (AP) - The presidential seal has fallen off President Barack Obama’s podium and clattered to the stage as Obama delivered a speech to a women’s conference.
Read the whole story at MyWay
Joe Biden: “If I Hear One More Republican Tell Me About Balancing the Budget, I Am Going to Strangle Them”
VP Biden: “If I Hear One More Republican Tell Me About Balancing the Budget, I Am Going to Strangle Them”
Vice President Biden emerged in the land of 10,000 lakes Tuesday where he said he had “a simple message. To paraphrase the great philosopher Samuel Clemens, ‘Reports of the death of the Democratic […]
Jim Cramer: Gold Going to $2,000
One of the most embattled commodities over the last few years as the economy has struggled has been one of the most precious of all metals – gold.
Over the last 12 months, the price of gold has appreciated considerably. But CNBC host Jim Cramer contends it is going higher – much […]
Arnold Schwarzenegger: Obama will win in 2012
California Gov. Arnold Schwarzenegger predicted that President Barack Obama will win re-election in two years, especially if the Republican Party re-takes control of the House of Representatives in the November midterm elections.
“I assume that Obama will get a second term in office,” Schwarzenegger said in an interview with DER SPIEGEL, the […]
Obama/Clinton ticket in 2012 is “on the table” (Bob Woodward)
If the economy’s as flat next winter as it is now, isn’t it a damn near certainty? Obama’s approval rating will be deep in the toilet and Republican candidates will be energized to take on a weak incumbent. His only option will be to jolt the electorate and convince them that term […]
SurveyUSA Polls: Dems (slightly) Ahead In CA-SEN and CA-GOV Races
SurveyUSA is out with new numbers on the California Senate and gubernatorial races and both Democratic nominees are maintaining their recent polling leads. In the Senate race, Democratic Sen. Barbara Boxer is leading Republican former Hewlett Packard CEO Carly Fiorina 46%-43%, while Democratic state Attorney General Jerry Brown is up on […]
Study: One Third of Businesses Don’t Profit from Groupon Deal
Source: Inc.com - The daily deals site has announced that it will give away $60,000 a year to kids born to parents who met through Groupon. The scholarships can be redeemed when the Groupon baby turns 25.
A third of small businesses don’t make money from promotions on group-buying site Groupon.
Read more
80% of Americans Hate Their Jobs
Most people — 80% according to Deloitte’s Shift Index survey — are dissatisfied with their jobs.While some unhappy employees muster up the courage to change careers, others opt to grin and bear it.
But what about when the career decision isn’t yours to make? In the waning economy, company-downsizes have put many workers in an […]
Consumer bankruptcy filings climb 11% (Thanks to Obama’s Hope and Change)
SAN FRANCISCO (MarketWatch) — U.S. consumer bankruptcy filings rose 11% in the first nine months of this year, versus the same period in 2009, the American Bankruptcy Institute said Monday, citing data from the National Bankruptcy Research Center. Filings totaled 1,165,172 nationwide during the first nine months of 2010, compared to […]
Obama: plans to be in office “8-10 years” - Moving to Repeal 22nd Amendment? (Video)
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