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Latest Articles: United States News
DOT: Vehicle Miles Driven decline in January (WTH?)
Post Date: 2010-03-22 13:21:44 by Nebuchadnezzar
0 Comments
DOT: Vehicle Miles Driven decline in January by CalculatedRisk on 3/22/2010 09:45:00 AM Yesterday we discussed the impact of high oil prices on vehicle miles driven. And today the Department of Transportation (DOT) reported that vehicle miles driven in January were down from January 2009: Travel on all roads and streets changed by -1.6% (-3.7 billion vehicle miles) for January 2010 as compared with January 2009. Travel for the month is estimated to be 222.8 billion vehicle miles. This graph shows the percent change from the same month of the previous year as reported by the DOT. As the DOT noted, miles driven in January 2010 were down -1.6% compared to January 2009, and miles driven ...
Chicago Fed: Economic Activity index decreased in February (WTF?)
Post Date: 2010-03-22 13:20:25 by Nebuchadnezzar
6 Comments
Chicago Fed: Economic Activity index decreased in February by CalculatedRisk on 3/22/2010 08:30:00 AM Note: This is a composite index based on a number of economic releases. From the Chicago Fed: Index shows economic activity slowed in February Led by declines in production-related indicators, the Chicago Fed National Activity Index decreased to –0.64 in February, down from –0.04 in January. Three of the four broad categories of indicators that make up the index deteriorated, and only the sales, orders, and inventories category made a positive contribution. The index’s three-month moving average, CFNAI-MA3, decreased to –0.39 in February from –0.13 in January, ...
Obama and the Democrats Just Raised the Price and Lowered the Quality of Your Health Insurance. Give Them the Proper Thanks.
Post Date: 2010-03-22 13:11:53 by dont eat that
22 Comments
While the subsidies don't start until 2014, many of the new taxes and insurance mandates will take effect within six months. The first result will be turmoil in the insurance industry, as small insurers in particular find it impossible to make money under the new rules. A wave of consolidation is likely, and so are higher premiums as insurers absorb the cost of new benefits and the mandate to take all comers. Liberals will try to blame insurers once again, but the public shouldn't be fooled. WellPoint, Aetna and the rest are from now on going to be public utilities, essentially creatures of Congress and the Health and Human Services Department. When prices rise and quality and ...
Senate GOP Skeptical Of Chances To Take Down Healthcare Reform
Post Date: 2010-03-22 12:29:32 by Brian S
4 Comments
03/22/10 06:00 AM ET Senior Senate Republicans are skeptical of their chances to block major elements of a Democratic reconciliation package of healthcare reforms this week, avoiding the bold predictions of victory that have marked their statements for months. A weeklong series of fits and starts is likely for the 153-page package that Democratic leaders will try to push through the upper chamber using reconciliation rules that will allow its passage with a simple majority of 51 votes. Republicans have threatened for months to make the process as grueling as possible, challenging the bill on virtually a line-by-line basis. “We’re going to go sentence-by-sentence through however ...
Gallup: 20% Underemployment Is Here And Rising (The Obama Depresion)
Post Date: 2010-03-22 11:26:40 by dont eat that
11 Comments
According to a recent Gallup survey of underemployment (the "true" unemployment number) via Zerohedge, we are now at 20% underemployment and heading higher if this chart is indicative of anything. Apparently Gallup surveyed 20,000 people over 30 days and this is what they came up with. Regardless if it's not consistent with the Department of Labor's official numbers, it's nonetheless quite frightening.
In praise of Obama's health care plan (I wish I were a woman so I could have his baby)
Post Date: 2010-03-22 09:21:15 by .war
34 Comments
When you wake up today, you will have woken up in a country that has finally passed hugely significant, though incremental, health care reform. Hundreds of millions of your fellow Americans (fellow human beings) will benefit concretely from these changes, and we will all be several big steps closer to living in a nation that meets infirmity with compassion and care. Though there have been times in the past year where I looked backed in uncertainty on my zeal for Obama's election, that has been washed away by this historic accomplishment. I weep with joy when I think of all the people, real people, who will no longer be denied coverage due to a pre-existing condition, and for all the ...
Rosenberg: Raw Data Show Retail Sales Are Really Falling
Post Date: 2010-03-22 01:09:00 by Nebuchadnezzar
1 Comments
Rosenberg: Raw Data Show Retail Sales Are Really Falling Friday, 19 Mar 2010 02:09 PM Article Font Size By: Julie Crawshaw Gluskin Sheff analyst David Rosenberg sales all the talk about retail sales improving is wrong: According to raw data, sales actually fell 1.6 percent month-over-month in February, and seasonality just isn't to blame. “It’s always best to look at what consumers do rather than what they think or say,” Rosenberg wrote in a note to investors. Weak spending last month would be meaningful if February was usually a weak month for sales compared to January, Rosenberg notes. “But in fact, retail sales rise over half the time in February," he ...
Box makers wait for signal of economic growth (No Recovery seen here)
Post Date: 2010-03-22 01:06:13 by Nebuchadnezzar
1 Comments
Box makers wait for signal of economic growth By Mike Boyer • mboyer@enquirer.com • March 19, 2010 * Comments (1) * Recommend (1) * Print this page * ShareThis * Font size:AA Some economic indicators suggest the worst of the Great Recession is behind us, but Jim Cory at Pax Corrugated Products, isn't seeing any signs of recovery. "We're still waiting to see it get better," said Cory, president of the privately held custom box and point of purchase display maker that employs 53 in Lebanon. Last year, business was down and Cory said his company isn't seeing many indications of improvement this year. "Demand is flat, as industry box shipments are ...
Healthcare: The Verdict Is In....
Post Date: 2010-03-21 23:07:00 by Murron
5 Comments
ObamaCare passed: 219 to 212.....
Has anyone else noticed how attractive Barack is?
Post Date: 2010-03-21 21:24:56 by .war
3 Comments
God, that guy is luscious. That chiseled body and milk chocolate skin. I would do anything for him. Do you think he would go out with me? Isn't he also the smartest man alive?
Obama Health Care Bill Votes Secured; Tea Party Racism Unites Democrats
Post Date: 2010-03-21 19:25:00 by Brian S
28 Comments
The new news is that according to CNN the 216 Democratic votes to pass the Obama health care bill have been secured and that's in no small measure to this impassioned speech The President gave to the House Democrats Saturday: Obama's health care reform speech was a great one because it was from the heart, emotive, unscripted, and timely. President Obama's candidacy was a reminder of what it meant to be a Democrat. And while some may feel President Obama lost his Democratic way, no one who's listened to his speech can argue that he's found his path. Heath Care Reform is an idea who's time came long ago. Today, something can be done about it. What's sad are ...
Obama is the best President in history
Post Date: 2010-03-21 19:02:34 by .war
3 Comments
I love that man. Seriously. I would do anything for him. ANYTHING. I'll just die if he doesn't like me. He is the dreamiest President ever.
Democrats Lie and Claim Health Care Protestors Called Them "Nigger" and "Faggot"
Post Date: 2010-03-21 16:13:52 by dont eat that
2 Comments
Two black Congress members and a gay member were verbally abused by anti-health care reform protesters Saturday. Rep. John Lewis (D-Georgia), said protesters Saturday repeatedly yelled "nigger" at him as he left a heath care meeting and walked to the Capitol. Rep. Emanuel Cleaver (D-Mo.) said he too was called "nigger" as he walked to the Capitol for a vote and was spat on by a protester who was arrested by Capitol Police. Protesters also yelled "faggot" at Rep. Barney Frank (D-Mass.), who is openly gay, as he left the same meeting that Lewis attended. Obama's problem is that he's brown; I have said it all along. You can start a war and kill untold ...
Everybody Hates Obama -- Drops to 43% in Approval Ratings
Post Date: 2010-03-20 12:07:12 by dont eat that
3 Comments
The Rasmussen Reports daily Presidential Tracking Poll for Saturday shows that 23% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-four percent (44%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -21. That matches the lowest Approval Index rating yet recorded for this President. Overall, 43% of voters say they at least somewhat approve of the President's performance. That also matches the lowest level yet recorded for this President. Fifty-six percent (56%) disapprove.
Healthcare Debate: A Final Weekend of Whoppers
Post Date: 2010-03-20 00:36:39 by go65
4 Comments
Health care legislation could be heading toward the final showdown. We look at the biggest falsehoods of the recent debate. March 19, 2010 Bookmark and Share Summary With the House preparing for a final vote on the Senate health care legislation, with revisions, Sunday afternoon, we thought we’d give our readers a wrap-up of the top falsehoods of late. The debate over this bill has stretched on almost as long as a presidential campaign, and we suspect this weekend will be filled with politicians and third-party groups making their final — and faulty — pitches. There’s little doubt they’ll repeat wrong and misleading statements about premium costs, a government ...
Kaiser poll shows uptick in support for health reform
Post Date: 2010-03-19 21:18:37 by go65
0 Comments
The latest poll by the non-partisan Kaiser Family Foundation found 46 percent of Americans support the healthcare bill and 42 percent oppose it. The Democratic base appears to have rallied behind the legislation, which seeks to increase coverage to more than 30 million uninsured Americans. Three quarters of Democrats now support the bill, up from 70 percent last month. Republican opposition has hardened, going from 74 percent in February to 80 percent in the most recent poll, taken March 10. Independents split over the measure, with 45 supporting it and 48 opposing. Most surveys have found more Americans against the healthcare plan than for it, though the gap has been closing in recent ...
Goodbye Silicon Valley, hello Xi’an China. Applied Materials will do new cutting edge research on solar panels Xi’an
Post Date: 2010-03-19 20:45:52 by Nebuchadnezzar
4 Comments
High Tech Research Moves From U.S. To China Goodbye Silicon Valley, hello Xi’an China. Applied Materials will do new cutting edge research on solar panels Xi’an. XI’AN, China — For years, many of China’s best and brightest left for the United States, where high-tech industry was more cutting-edge. But Mark R. Pinto is moving in the opposite direction. Mr. Pinto is the first chief technology officer of a major American tech company to move to China. The company, Applied Materials, is one of Silicon Valley’s most prominent firms. It supplied equipment used to perfect the first computer chips. Today, it is the world’s biggest supplier of the equipment ...
What Obama REALLY Thinks of His Stupid Sycophants
Post Date: 2010-03-19 14:46:17 by dont eat that
1 Comments
Ashcroft Can Be Held Accountable for Post-9/11 Wrongful Detention
Post Date: 2010-03-19 13:01:45 by Brian S
2 Comments
Federal Appellate Court Denies Former Attorney General's Request for Full Court Review SEATTLE - March 18 - The American Civil Liberties Union lawsuit charging that former Attorney General John Ashcroft is personally responsible for the wrongful detention of an innocent American, Abdullah al-Kidd, can go forward, the U.S. Court of Appeals for the Ninth Circuit ruled today. The ruling denies Ashcroft's request that his appeal be heard by the entire court and upheld the court's September 2009 decision that the federal material witness law cannot be used to detain or investigate suspects where no probable cause exists for criminal charges. The ruling also held that Ashcroft ...
Another Paul nettles GOP
Post Date: 2010-03-19 12:59:10 by mininggold
1 Comments
Another Paul nettles GOP Senior Republicans in Kentucky and Washington D.C. are deeply concerned about Senate candidate Trey Grayson’s campaign as he struggles to narrow the gap against GOP primary rival Rand Paul. Two months before the election, the libertarian-leaning Paul, son of the Texas congressman and quixotic presidential contender, has tapped into anti-Washington grass-roots fervor on the right and staked out an advantage over Grayson, Kentucky’s secretary of state and establishment favorite. There have been few polls in the race, but an automated survey earlier this month showed Paul leading by double digits. Even Grayson backers acknowledge that their candidate is ...
Federal Reserve Must Disclose Bank Bailout Records
Post Date: 2010-03-19 12:43:43 by Brian S
1 Comments
March 19 (Bloomberg) -- The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest ever U.S. government bailout, a federal appeals court said. The U.S. Court of Appeals in Manhattan ruled today that the Fed must release records of the unprecedented $2 trillion U.S. loan program launched primarily after the 2008 collapse of Lehman Brothers Holdings Inc. The ruling upholds a decision of a lower-court judge, who in August ordered that the information be released. The Fed had argued that it could withhold the information under an exemption that allows federal agencies to refuse disclosure of “trade secrets and commercial or ...
Democrats Gain Support as They Move on Health Vote
Post Date: 2010-03-19 12:39:36 by Brian S
3 Comments
By Laura Litvan and Kristin Jensen March 19 (Bloomberg) -- U.S. House Democrats, who cleared a big hurdle in their effort to overhaul the health-care system by producing compromise legislation, are picking up fresh support for a showdown vote this weekend. Democrats need about six more votes from House members to pass the 10-year, $940 billion bill, Obama administration officials said today. President Barack Obama and Democratic leaders aim to sway some in a pool of 14 or 15 undecided lawmakers to get to the 216 votes needed to pass the measure, according to the officials, who spoke on condition of anonymity. “We are going to have the votes, when the roll is called,” ...
Obama -- The Great Reneger
Post Date: 2010-03-19 11:26:52 by dont eat that
2 Comments
The African Born White House Resident Hits All Time Approval Low
Post Date: 2010-03-19 11:03:15 by dont eat that
2 Comments
The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 23% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-four percent (44%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -21. That matches the lowest Approval Index rating yet recorded for this President.
Republican Women Are Hotter
Post Date: 2010-03-19 10:53:49 by dont eat that
17 Comments
Dim Hags Start at about the 3:00 mark. You may want to stop there.
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