President Barack Obama and First Lady Michelle Obama have a packed social schedule this week, with two major galas and a reception for college athletes. On Monday evening, the President will welcome collegiate star athletes to the White House for a reception at 5:45 p.m. The annual event, first held by former President George W. Bush, recognizes outstanding student athletes in more than a dozen sports, including field-hockey, lacrosse, and […]
They call DC “the Cocoon” for Good Reason, while Americans suffer high unemployment, Home foreclosures, and financial ruin, Members on the Hill fortunes continue to clime at unprecedented rates of return. The top Fifty members of congress are worth almost 1.4 Billion. We wonder if the Stimulus was directed more toward themselves than toward the average American. Here to hoping for 30 percent unemployment for Congress in November!
Members of the Federal Reserve lowered their expectations for economic growth and raised their projections of the nation’s unemployment rate, cautioning for the first time in recent memory that the low employment rate “over the next several years… would likely be below levels they consider to be consistent” with their mandate to maximize employment, according to meeting minutes released Wednesday. The Fed is required by law to pursue policies that […]
The unemployment report out today showed that the US economy lost 125,000 jobs in June
Responding to the unemployment numbers out this morning, President Obama said that the nation is “headed in the right direction,” but added that “were’ not headed there fast enough.”
Ready to take advise from a Governor who has been a major failure in California? He says the TeaParty movement will fade when the economy returns. He may have forgotten a couple of the Teaparty tenants: Small Government, strong national defense, no bail outs for publicly traded companies, Arny it’s a bit more than economic trendlines. This from The Swamp. The “TEA Party,” that anti-tax, anti big-government movement of people […]
“The Donald” Trump Endorses John McCain on Larry King Live. He related the CNN audience that he Sees a McCain / Palin ticket as the best hope for the economy