Recovery

A Lonely Nation…

October 11, 2011

“Sitting on a sofa on a Sunday afternoon. Going to the candidate’s debate. Laugh about it, shout about it When you’ve got to choose Every way you look at this you lose. Where have you gone, Joe DiMaggio, Our nation turns it’s lonely eyes to you. What’s that you say, Mrs. Robinson. Joltin’ Joe has [...]

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Finally Obama Shows Fire In The Belly! (VIDEO)

September 8, 2011

In the midst of rumors of a possible 9/11 Al Qaeda threat from Pakistan, President Obama asked the Congress tonight to “Pass (his) American Jobs Act,” as a necessary step to get the economy moving by reforming regulations and hiring incentives especially for small businesses, and a larger payroll tax cut as a relief measure [...]

Tagged as: Obama Addresses Congress On American Jobs Act, Obama Jobs Plan, Obama Shows Fire In The Belly, Reformed Liberal, The Grauntlet Has Been Thrown Down By Obama, Threat of Al Qaeda as 9/11 Approaches, Video and Transcript of Obama's Address To Congress

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Europe’s Stock Market Plunges On Possible U.S. Second Recession

September 5, 2011

Labor Day rescues Wall Street as Europeans head for cover in the Swiss franc and bonds. While the U.S. market was closed today on a holiday that recognizes labor’s contribution to the nation, European markets fell sharply in anticipating a shaky world economy that includes a possible second U.S.recession, lack of a solution to Greece’s [...]

Tagged as: August Jobs Report, European and Asian Markets Plunge As U.S. celebrates Labor Day, Second Recession

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No New Jobs Created In August!

September 2, 2011

Not since 1946 has the jobs gained in a month equaled the jobs lost netting a zero improvement. As a result, the unemployment rate remains at 9.1%, with real number of those unemployed rising to 16.2%, rekindling the rumors of a double dip recession. Further, June and July hiring figures were downsized along with work [...]

Tagged as: 1946 Unemployment Record, August 2011 unemployment, Summer 2011 jobs tank

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Market Reflects Insurance Companies Dodging Irene’s Bullet

August 30, 2011

Despite investors not getting QE3 by Bernanke and Germany still balking on a Greek bail-out, and a no growth economy, the Market this week did not experience a major decline that usually comes from a natural disaster like Hurricane Irene. One may ask “How can this be in the face of plunging consumer confidence and [...]

Tagged as: cataclysmic weather, FEMA, flood damage, Hurricane Irene, insurance companies and Wall Street, Wall Street & Main Street

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Recovery–The Big Lie!

August 19, 2011

There was never a recovery–at least in the U.S. With 50% of this nation’s companies invested overseas, Wall Street numbers have reflected gains not in the U.S., but in China and elsewhere. Now with the EU’s southern nations tanking and Germany and France’s unwillingness to ease that situation (they obviously have forgotten the lesson of [...]

Tagged as: Dow, Economic Depression, economic recovery, EU Bank Notes, European Union, Financial Markets roller coaster, France, germany, Market Correction, Wall Street, Wealthy

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S & P Downgrade: U.S. Wake-Up Call!

August 8, 2011

Whether or not you view the downgrade by Standard & Poor’s as valid or not, the way that the U.S. does business–and governs, cannot continue. Entitlements are not the sole culprit here; if they were then other countries that have a more socialistic bent to the way they govern such as the United Kingdom Commonwealth, [...]

Tagged as: energy policy, Entitlements, Federal Reserv, Leadership Failure, list of S&P AAA nations, Obama, Recession of 1937-38, Recovery, Reformed Liberal, S&P Downgrade, socialism, stimulus, unemployment

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For 2012 Democrats Must Ask Themselves ‘Do They Want ObamaTo Run?’

August 2, 2011

The debt ceiling debacle represents another loss for Obama in a long list that shows his presidency rolling over on liberal ideals and caving in on the promises he made in 2008. The learning curve for the inexperienced President has been a costly process for his base and for the most vulnerable of our nation. [...]

Tagged as: Challenge to Obama Candidacy, Debt Ceiling Crisis, Democratic Party, Election of 2012, Leadership Failure, Obama and 2012, Obama Losing Base, Reformed Liberal, Renomination of Obama

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Joke Of The Week

August 1, 2011

Raising the debt ceiling with its’ attached cost cutting riders is like giving a mountain hiker a bicycle only to discover the mountain is really a cliff!

Tagged as: Defense Spending, Deficit Cutting, Entitlements, Obama Announces Deal On Debt Ceiling

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Is Release Of Oil Reserves A Signal Of Panic In The White House?

June 29, 2011

Bernanke is at a loss as to why the economic recovery once again is on life support. 429,000 unemployment claims up by 9000 this past week, the biggest jump in a month. Obama shortens the time line for withdrawal of troops from Afghanistan; and now without any sign of a supply disruption, he releases 30M gallons of [...]

Tagged as: Afghanistan, Bernanke, derivative reform, Economy, Federal Reserve, hedge funds, nation's oil reserves, Obama, shadow government, U.S. Foreign Policy, unemployment claims, wall street speculators

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Wisconsin Governor Walker Backs Down On Obvious Case Of Cronyism

April 7, 2011

Tea Party Governor Scott Walker reversed a promotion of the son of Wisconsin Builders Association lobbyist and Walker campaign top donor Jerry Deschane, after Democrats cries of cronyism. Deschane’s son, Brian Deschane, was promoted from his previous $65,000 job with the Department of Regulation and Licensing to head a division of the Commerce Department that overseas environmentand regulatory matters with an [...]

Tagged as: Campaign Donations, collective bargaining, cronyism and patronage, Deschane, lobbyists, Scott Walker, Tea Party, unions, Wisconsin, Wisconsin Budget Repair Bill

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