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 Post subject: Change
PostPosted: Thu Aug 13, 2009 1:56 pm 
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[url=http://finance.yahoo.com/news/Fed-says-economy-leveling-new-apf-1948834182.html?x=0&.v=7]Retail sales dip unexpectedly, jobless claims rise
Unexpected drop in July retail sales, rise in new jobless claims point to strained recovery

[/url]

WASHINGTON (AP) -- Retail sales disappointed in July and the number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week. The latest government reports reinforced concerns about how quickly consumers will be able to contribute to a broad economic recovery.

"There is really no positive spin to put on these numbers," Jennifer Lee, an economist with BMO Capital Markets, wrote in a research note. "The U.S. consumer remains very weak. The jobs situation, while slowly improving, is still dismal."

The Commerce Department said Thursday that retail sales fell 0.1 percent last month. Economists had expected a gain of 0.7 percent.

While autos, helped by the start of the Cash for Clunkers program, showed a 2.4 percent jump -- the biggest in six months -- there was widespread weakness elsewhere. Gasoline stations, department stores, electronics outlets and furniture stores all reported declines.

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Last edited by -={ARCLIGHT}=- on Thu Aug 13, 2009 2:06 pm, edited 1 time in total.

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 Post subject: Re: Change
PostPosted: Thu Aug 13, 2009 2:03 pm 
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[url=http://finance.yahoo.com/news/Federal-deficit-higher-in-apf-3876319127.html?x=0&.v=5]Federal deficit higher in July, $1.27T this year
Record federal deficit climbs higher, $180.7 billion in July, $1.27 trillion so far this year
[/url]

WASHINGTON (AP) -- The federal deficit climbed higher into record territory in July, hitting $1.27 trillion with two months remaining in the budget year.

The Treasury Department said Wednesday that the July deficit totaled $180.7 billion, slightly more than the $177.5 billion economists had expected.

The Obama administration is projecting that when the current budget year ends on Sept. 30, the imbalance will total $1.84 trillion, more than four times last year's record-high.

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P.J. O'Rourke


Last edited by -={ARCLIGHT}=- on Thu Aug 13, 2009 2:10 pm, edited 2 times in total.

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 Post subject: Re: Change
PostPosted: Thu Aug 13, 2009 2:04 pm 
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Foreclosures rise 7 percent in July from June

WASHINGTON – The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the escalating foreclosure crisis continued to outpace government efforts to limit the damage.

Foreclosure filings were up 32 percent from the same month last year, RealtyTrac Inc. said Thursday. More than 360,000 households, or one in every 355 homes, received a foreclosure-related notice, such as a notice of default or trustee's sale. That's the highest monthly level since the foreclosure-listing firm began publishing the data more than four years ago.

Banks repossessed more than 87,000 homes in July, up from about 79,000 homes a month earlier.

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P.J. O'Rourke


Last edited by -={ARCLIGHT}=- on Thu Aug 13, 2009 2:10 pm, edited 1 time in total.

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 Post subject: Re: Change
PostPosted: Thu Aug 13, 2009 2:08 pm 
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You get the idea.

Let's keep track of ALL the great CHANGEs our new leader is bringing us.

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 Post subject: Re: Change
PostPosted: Mon Aug 17, 2009 11:11 am 
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Minister Herschkowitz: Some of Obama's policies are 'borderline anti-Semitic'

Prime Minister Binyamin Netanyahu will reject US President Barack Obama's request for a freeze on natural growth in Judea and Samaria, Habayit Hayehudi head Daniel Herschkowitz said Sunday, based on conversations with Netanyahu.

In an interview with the science and technology minister at his Jerusalem office, Herschkowitz told The Jerusalem Post that he did not believe Netanyahu would cross any red lines of Habayit Hayehudi, the most right-wing party in his coalition.

"From my own talks with the prime minister, I can say confidently that I don't think he will freeze natural growth in the settlements," Herschkowitz said. "I am sure he is in favor of allowing natural growth, but he must navigate smartly and walk between the rain drops to ensure that he will get along with the American administration."

Herschkowitz suggested that an arrangement could be found that could allow construction in the settlements to continue without public acknowledgment.

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 Post subject: Re: Change
PostPosted: Mon Aug 17, 2009 12:05 pm 
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Obama is not a man of war but a man of peace.



Chavez: ‘The winds of war [are] beginning to blow’

Some American troops will soon find themselves stationed at military bases scattered across the South American nation of Colombia with a mission to use advanced Predator drone technology to aid in fighting the drug trade and to combat terrorism, according to published reports Saturday.

But Colombia’s neighbors certainly do not see it that way.

In Venezuela, officials bristled. President Hugo Chavez warned, “the winds of war [are] beginning to blow.”

Chavez has already accused Colombian troops of making an incursion over the border and regional tensions are running high. Ecuadorian President Rafael Correa also took exception, saying the United States would target Colombia’s neighbors if the deal is finalized.

“It has also sparked concern from moderate Colombian allies, such as Chile and Brazil, who want assurances that U.S. forces won’t be operating outside Colombia’s territory,” The Wall Street Journal adds.

Colombia says its agreement with the United States will allow Washington to use its military bases to track drug-runners through the use of remote aircraft.

“The Brazilian president, Luiz Inacio Lula da Silva, called for a meeting between US President Barack Obama and the region’s leaders, saying the ‘climate of unease disturbs me,’” reported the BBC.

“This agreement reaffirms the commitment of both parties in the fight against drug trafficking and terrorism,” Colombia’s foreign ministry said in a statement Friday.

Officials here said the two countries agreed the text of an agreement, which now has to be reviewed by government agencies in Bogota and Washington before getting a final signature.

The controversial deal would permit the US military to operate surveillance aircraft from seven bases to track drug-running boats in the Pacific Ocean.

A senior US general said Thursday that the United States needed to reassure regional powers about the deal.

“I think we need to do a better job of explaining to them what we’re doing and making it as transparent as possible, because anybody’s concerns are valid,” General James Cartwright, vice chairman of the US Joint Chiefs of Staff, told a news conference.

Washington sought out its ally Colombia to make up for the loss of its hub for counternarcotics operations in Manta, Ecuador.

Ecuadoran President Rafael Correa had refused to renew an agreement that allowed the US military to fly out of Manta for the past 10 years.

The deal is worth over 40 million dollars for Bogota, along with expanded US military assistance for Bogota’s counternarcotics efforts, according to a US defense official, who spoke on condition of anonymity.

Cartwright and Defense Secretary Robert Gates also said this week the deal was not a unilateral move but the product of a partnership with Colombia designed to target drug cartels.

“The strategic intent is, in fact, to be able to provide to the Colombians what they need in order to continue to prosecute their efforts against the internal threats that they have,” Cartwright said.

Colombia raised concern throughout the region, which has a troubled history of US military interventions, after announcing July 15 that it was negotiating the deal.

Venezuelan President Hugo Chavez led the charge, alongside his Ecuadoran counterpart and ally Correa.

Speaking in Quito at a regional summit last weekend, Chavez said he was fulfilling his “moral duty” by telling fellow leaders that the “winds of war were beginning to blow.”

“This could generate a war in South America,” he said.

Other regional leaders, including Brazilian President Luiz Inacio Lula da Silva, have asked Colombia to explain its decision.

Responding to criticism, Colombian President Alvaro Uribe said Friday the purpose of the deal was to “defeat terrorism,” adding that the accord with the United States will serves “as an insurance policy for neighboring nations.”

Uribe said he would attend an emergency summit of the Union of South American Nations (Unasur) that will gather on August 28 in Bariloche, Argentina, to discuss the situation created by the Colombian base agreement.

However, Frank Mora, a US Defense Department official for Latin America, said the controversy was a storm in a teapot.

“This agreement simply formalizes what already almost exists right now,” he told AFP.

In his remarks, Uribe also extended an olive branch to Ecuador, saying the two countries “could have dialogue” and “resolve their differences in the future.”

Ecuador broke off diplomatic relations with Colombia over last year’s air strike by the Colombian military against a Colombian leftist guerrilla base located in the Ecuadoran selva. Raul Reyes, a top leader of the Revolutionary Armed Forces of Colombia (FARC), was killed in that attack.

“I apologize for that,” Uribe said. “But we are interested in the future, and the same goes for Venezuela.”

http://rawstory.com/08/news/2009/08/15/ ... -colombia/


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 Post subject: Re: Change
PostPosted: Tue Aug 18, 2009 12:05 pm 
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Moby Grape wrote:
Quote:
Unemployment Spike Compounds Foreclosure Crisis
Washington Post, by Renae Merle


The country's growing unemployment is overtaking subprime mortgages as the main driver of foreclosures, according to bankers and economists, threatening to send even higher the number of borrowers who will lose their homes and making the foreclosure crisis far more complicated to unwind. Economists estimate that 1.8 million borrowers will lose their homes this year, up from 1.4 million last year, according to Moody's Economy.com.


http://www.washingtonpost.com/wp-dyn/co ... 03035.html


Obama create jobs?

NOT!....


keep the government out of it!


Unemployment and homelessness . . . just like the Great Depression.

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Hey Freetime . . . which one is you?

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“At the core of liberalism is the spoiled child — miserable, as all spoiled children are, unsatisfied, demanding, ill-disciplined, despotic and useless. Liberalism is a philosophy of sniveling brats.”
P.J. O'Rourke


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 Post subject: Re: Change
PostPosted: Tue Aug 18, 2009 5:06 pm 
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Start kissing your freedoms goodbye.

NJ city considers adult curfew after crime spate
8/18/2009, 4:38 p.m. EDT
The Associated Press

(AP) — PATERSON, N.J. - Curfews might not be just for kids anymore in one city in northern New Jersey.

Officials in Paterson are considering one for people of all ages in a bid to curb violence after a spate of deadly shootings.

Several experts say they believe it would be the nation's first curfew of its type to include adults. The state ACLU says it would open Paterson to legal action.

The curfew would last for two months and would bar people from loitering outside from midnight to 7 a.m. Violators would face up to a $2,000 fine and 90 days in jail.

Officials are still working to make sure the plan can withstand legal challenges.

If the City Council passes it Sept. 1, a second vote and a public hearing are needed for it to take effect.

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“At the core of liberalism is the spoiled child — miserable, as all spoiled children are, unsatisfied, demanding, ill-disciplined, despotic and useless. Liberalism is a philosophy of sniveling brats.”
P.J. O'Rourke


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 Post subject: Re: Change
PostPosted: Wed Aug 19, 2009 5:15 pm 
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'Social Security could face default [deficit] within two years'

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“At the core of liberalism is the spoiled child — miserable, as all spoiled children are, unsatisfied, demanding, ill-disciplined, despotic and useless. Liberalism is a philosophy of sniveling brats.”
P.J. O'Rourke


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 Post subject: Re: Change
PostPosted: Wed Aug 19, 2009 5:31 pm 
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Obama budget quashes US space ambitions

US ambitions for manned space exploration have hit a major hurdle in the wake of severe budget constraints, according to preliminary findings of a panel appointed by President Barack Obama.

Reaching Mars was deemed too risky while returning to the Moon by 2020 was ruled out barring an additional three billion dollars per year to replace the retiring space shuttle fleet and build bigger rockets, according to the group led by Norm Augustine, a former CEO of US aerospace giant Lockheed Martin.

"Really, we've given the White House a dilemma. The space program we have today, the human space flight program, really isn't executable with the money we have," Augustine told PBS public television last week.

"So either we have to do something with the current program that's not going to be very successful, I'm afraid, or spend a nontrivial sum more than that to have something that's really exciting and workable, and that's the challenge the White House is going to have, is to sort that out."

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“At the core of liberalism is the spoiled child — miserable, as all spoiled children are, unsatisfied, demanding, ill-disciplined, despotic and useless. Liberalism is a philosophy of sniveling brats.”
P.J. O'Rourke


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 Post subject: Re: Change
PostPosted: Wed Aug 19, 2009 9:19 pm 
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Quote:
Aug. 18 (Bloomberg) -- General Motors Co. called back 1,350 union workers, its biggest one-time increase in jobs since 2006, as it boosts second-half production, partly in response to demand from the government’s “cash for clunkers” program.

http://www.bloomberg.com/apps/news?pid=20601087&sid=al_lA5705nxQ

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I will lock her up! (DIDN'T HAPPEN)
I will repeal Obamacare (DIDN'T HAPPEN)
I will make Mexico to pay for the wall. (NO...WE ARE)
I will surround myself with the best people! (MOST ARE UNDER INVESTIGATION)


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 Post subject: Re: Change
PostPosted: Wed Aug 19, 2009 9:22 pm 
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Quote:
Fri., May 22, 2009
WASHINGTON - President Barack Obama warned overeager shoppers and greedy credit card companies alike on Friday to act responsibly as he signed into law a bill designed to protect debt-ridden consumers from surprise charges.

Quote:
Wed., Aug 19, 2009
NEW YORK - The rules your credit card company operates by will start getting much clearer on Thursday.
Beginning Aug. 20, credit card issuers will have to give clients at least 21 calendar days to pay monthly bills and will have to warn consumers 45 days in advance of major changes in conditions, under provisions of a law signed in May by President Barack Obama.

_________________

I will lock her up! (DIDN'T HAPPEN)
I will repeal Obamacare (DIDN'T HAPPEN)
I will make Mexico to pay for the wall. (NO...WE ARE)
I will surround myself with the best people! (MOST ARE UNDER INVESTIGATION)


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 Post subject: Re: Change
PostPosted: Thu Aug 20, 2009 4:42 am 
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Here's a couple million dollars in "change"........ :shock:

Typical.

Quote:
Consulting Firm Tied to White House Given Millions for Health Care Ad Campaign
While lobbying analysts say the move to hire a White House-connected ad agency is logical, some Republicans are questioning whether White House senior strategist David Axelrod stands to gain from the profits in the multi-million dollar deal.

FOXNews.com
Wednesday, August 19, 2009

A media consulting firm with ties to White House senior strategist David Axelrod has been hired to produce a multi-million dollar ad campaign touting the Obama administration's health care overhaul.

But while lobbying analysts say the move is logical, some Republicans are questioning whether Axelrod stands to gain from the profits.

AKPD Message and Media, founded by Axelrod, along with firm GMMB, were paid $12 million by Health Economy Now and Americans for Stable Quality Care, a coalition that includes Pharmaceutical Research & Manufacturers of America, or PhRMA, to produce ads promoting President Obama's health care reform.

The firms received over $300 million to manage ads for Obama's presidential campaign.

Axelrod left the firm on Dec. 31, 2008, with the agreement that it owed him $2 million -- and some Republican critics now question whether the firm was hired to indirectly fund his severance package.

http://www.foxnews.com/politics/2009/08 ... -campaign/

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 Post subject: Re: Change
PostPosted: Sun Aug 23, 2009 12:46 pm 
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Vegas jobless rate hits all-time high of 13.1%

California at record 11.9%

NYC 9.6%

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“At the core of liberalism is the spoiled child — miserable, as all spoiled children are, unsatisfied, demanding, ill-disciplined, despotic and useless. Liberalism is a philosophy of sniveling brats.”
P.J. O'Rourke


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 Post subject: Re: Change
PostPosted: Sun Aug 23, 2009 4:37 pm 
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Afghan conflict serious, 'deteriorating'-Mullen

* Top U.S. military man says Afghan war "deteriorating"

* No decision yet to seek more troops - Admiral Mullen (Adds additional interviews, background, McCain comment)

By Phil Stewart

WASHINGTON, Aug 23 (Reuters) - The situation in Afghanistan is deteriorating along with U.S. public support for the war, Washington's top military officer said on Sunday as he left open the possibility of another increase in troops.

"I think it is serious and it is deteriorating, and I've said that over the past couple of years -- that the Taliban insurgency has gotten better, more sophisticated," said Admiral Mike Mullen, chairman of the U.S. Joint Chiefs of Staff.

U.S. combat deaths have risen since U.S. President Barack Obama ordered a troop buildup to confront a resurgent Taliban, with a record 44 U.S. troops killed in Afghanistan in July.

_________________
“At the core of liberalism is the spoiled child — miserable, as all spoiled children are, unsatisfied, demanding, ill-disciplined, despotic and useless. Liberalism is a philosophy of sniveling brats.”
P.J. O'Rourke


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