Crucial Prayer Topics : Business & Economics
Beware of Link: E-Mail Virus Plays Havoc With InternetFox News - September 10, 2010
An e-mail virus swept through the Internet Thursday, snarling traffic and taking down servers at ABC, NASA, Comcast, and Google -- and possibly even affecting the Department of Homeland Security. The virus, called "Here You Have" or VBMania, is a simple Trojan Horse: An e-mail arrives in your inbox with the suggestive subject line "here you have." The body reads "This is The Document I told you about, you can find it Here" or "This is The Free Download Sex...[view article]
Sinking Economic Indicators Pose Challenge to Obama Sales PitchFox News - September 10, 2010
Obama wants voters to focus on the good and block out the bad as he and his economic team try to build confidence in their ability to jolt the economy out of neutral....[view article]
Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov't DataCNS News - September 9, 2010
(CNSNews.com) - In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan....[view article]
Boehner Calls for 2-Year Freeze on All Tax RatesReuters - September 9, 2010
U.S. House of Representatives Republican leader John Boehner called Wednesday for a two-year freeze on all current U.S. tax rates, including Bush-era tax cuts for the rich set to expire at the end of this year....[view article]
Vitamin B 'puts off Alzheimer's'BBC - September 9, 2010
A new study suggests high doses of B vitamins may halve the rate of brain shrinkage in older people experiencing some of the warning signs of Alzheimer's disease....[view article]
Analysts: White House Panicking Over ElectionsCBSNews.com - September 7, 2010
(CBS) With many polls indicating the Republicans may win back control of the House of Representatives (and possibly the Senate as well) in the upcoming mid-term elections, Jim VandeHei, the executive editor of Politico, told CBS' "Face the Nation" that the Obama administration is in a horrible position....[view article]
US expects to spend big in Afghanistan for yearsAP - Associated Press - September 7, 2010
WASHINGTON - The U.S. government's financial commitment to Afghanistan is likely to linger and reach into the billions long after it pulls combat troops from the country, newly disclosed spending estimates show....[view article]
Spending spree by Dems expectedOneNewsNow.com - September 7, 2010
A conservative activist and former presidential candidate says despite encouraging poll numbers, a huge GOP victory in the upcoming mid-term elections is hardly a foregone conclusion....[view article]
Companies pile bigger share of health-care costs onto workersThe Washington Post - September 3, 2010
Amid high unemployment and a weak economy, employers are shifting more health-care costs to workers, according to a study released Thursday....[view article]
Oil Platform Explodes Off Louisiana Coast; 13 RescuedAOL News - September 3, 2010
(Sept. 2) -- An offshore oil platform exploded in the Gulf of Mexico today and all 13 workers were rescued from the water, the Coast Guard said. The blast sparked a fire on the platform about 100 miles south of Louisiana's Vermilion Bay, four months after the Deepwater Horizon disaster. But this time, there was no immediate sign of an oil leak....[view article]
Greatest Republican advantages on terrorism, immigration, federal spendingGallup.com - September 1, 2010
PRINCETON, NJ -- A new USA Today/Gallup poll finds Americans saying the Republicans in Congress would do a better job than the Democrats in Congress of handling seven of nine key election issues. The parties are essentially tied on healthcare, with the environment being the lone Democratic strength....[view article]
BP preps next step in effort to seal Gulf oil wellCNN - August 30, 2010
(CNN) -- More than three weeks after plugging its ruptured oil well with cement and mud from above, BP plans to start a procedure Monday that will pave the way for a permanent fix for the well....[view article]
On Doomed Rig's Last Day, a Divisive Change of PlanWall Street Journal - August 26, 2010
On April 20 at 10:43 a.m., a young BP PLC engineer sent a 173-word email to colleagues aboard the Deepwater Horizon drilling rig. The email spelled out a recent change to a key safety test that sparked confusion and debate aboard the rig....[view article]
Existing-Home Sales Plunged in JulyWall Street Journal - August 24, 2010
Existing-home sales plunged to their lowest level in 15 years in July as inventories soared, painting a grim picture for the housing market absent government support....[view article]
Boehner to Obama: Fire Geithner, Summers, Your Entire Economic TeamFox News - August 24, 2010
Obama should ask for and accept the resignations of Treasury Secretary Tim Geithner, National Economics Council chief Larry Summers and the rest of his economics team, House Minority Leader John Boehner said Tuesday....[view article]
Florida Coast Guard Seizes 6,000 Pounds of CocaineFox News - August 24, 2010
FlORIDA-- A Coast Guard vessel has returned to port with millions of dollars worth of seized cocaine on board. Crew members from the Coast Guard Cutter Tahoma, along with Immigration and Customs Enforcement and Customs and Border Protection officials offloaded a total of 88 bales of cocaine Monday afternoon. "Street value is approximately $80 million," said Deputy Michael Shea of U.S. Immigration and Customs Enforcement....[view article]
Obama Sees New Lows in Job ApprovalGallop.com - August 20, 2010
PRINCETON, NJ -- President Obama's job approval rating dipped to 44% for the week of Aug. 9-15, the lowest weekly average of his administration by one percentage point....[view article]
In Haitian Camps, 'Clef' Is More a State of Mind- August 20, 2010
PETIONVILLE, Haiti (Aug. 20) -- He's not Wyclef Jean. He's not Wyclef. In this camp, he's often just "Clef." Among the tents at Place St. Pierre,, everyone is wearing his T-shirts. Last month he stopped by here to promote his charity Yele Haiti's new cash-for-work program. Many saw him in person. Four weeks after the event, his reputation gets more saintly every day....[view article]
Why Is BP Delaying the Bottom Kill Operation Till September?Fox News - August 20, 2010
(Aug. 20) -- National Incident Commander Thad Allen said Thursday that BP's unruly well won't be killed once and for all until September. Original estimates had planned for the bottom kill -- which will kill the well for good -- to take place this month. At several points, emergency crews were even said to be ahead of schedule on the project, but no longer....[view article]
Salmonella Outbreak: Illnesses linked to eggs will likely growThe Washington Post - August 20, 2010
WASHINGTON -- A salmonella outbreak that sickened hundreds and led to the recall of hundreds of millions of eggs from one Iowa firm will likely grow, federal health officials said Thursday....[view article]
Social Security Cuts Weighed by PanelWall Street Journal - August 20, 2010
A White House-created commission is considering proposals to raise the retirement age and take other steps to shore up the finances of Social Security, prompting key players to prepare for a major battle over the program's future....[view article]
BP to stop handling most Gulf claimsCNN - August 18, 2010
Type the intro here if you are linking to another story, otherwise paste the entire story here and leave the url blank. The website will display a maximum of 80 words for the introduction. If you are pasting from Word use the word pasteboard icon....[view article]
Email is too slow and wristwatches are pointless for college freshmenCNN - August 18, 2010
(CNN) -- For most college freshmen starting school this fall, email is passe and wearing a watch on your wrist is, well, unnecessary, according to the Beloit College Mindset List for the Class of 2014, most of whom were born in 1992....[view article]
China now a solid #2 in world economiesOneNewsNow.com - August 18, 2010
China continues to flex its power by replacing Japan as the world's number-two economy. China has been eclipsing Japan for nearly three decades, but according to second-quarter reports solidifies its position in the global economy....[view article]
Israel Economic Growth Unexpectedly Accelerates to Fastest Pace Since 2008Bloomberg - August 18, 2010
Israeli economic growth unexpectedly accelerated to an annualized 4.7 percent in the second quarter, its fastest pace in more than two years, as exports and consumer spending increased....[view article]
In Israel, Commerce amid ConflictTime - August 17, 2010
The city of Nazareth - a town of 65,000 residents, bearing the weight of more than 2,000 years of history - sits at the southern end of Galilee, at the bottom of a sloping bowl formed out of a chalky mountain range that overlooks the Jezreel Valley. Not far from Nazareth's Byzantine-era ruins and the sites where Jesus is said to have once trod, you come upon something less historic: a dense, rubble-strewn industrial zone....[view article]
India to Top China as Fastest Growing Economy by 2015, Morgan Stanley SaysBloomberg - August 16, 2010
India may overtake China as the world's fastest growing major economy by 2015, as the South Asian nation doubles infrastructure investment and adds six-fold more workers than its northern neighbor, Morgan Stanley said....[view article]
China Overtakes Japan as World's No. 2 EconomyAOL News - August 16, 2010
TOKYO (Aug. 16) -- Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a shaky recovery....[view article]
Obama Administration Not Disclosing the Full Truth on the GulfWall Street Journal - August 13, 2010
"A third of the impact is being overlooked,' said the University of Georgia's Samantha Joye, who was among the first to detect evidence of the underwater clouds of oil droplets and various petroleum hydrocarbons from the damaged well. Earlier this week, Dr. Joye and a team of marine researchers from the University of Georgia and the Georgia Sea Grant program challenged the government's accounting of the oil cleanup, saying that as much as 79% of the oil remained in the...[view article]
As BP, feds explore whether final plug is needed for Gulf gusher, locals fear being forgottenFox News - August 12, 2010
NEW ORLEANS - With the oil well that had been spewing into the Gulf of Mexico plugged from the top and BP PLC and federal officials pondering whether the final plug, or "bottom kill," is needed, local officials fear national disengagement from what remains a crisis of unknown proportions....[view article]
Deficit in July Totals $165.04 BillionWall Street Journal - August 12, 2010
The U.S. government spent itself deeper into the red last month, paying nearly $20 billion in interest on debt and an additional $9.8 billion to help unemployed Americans. Federal spending eclipsed revenue for the 22nd straight time, the Treasury Department said Wednesday. The $165.04 billion deficit, while a bit smaller than the $169.5 billion shortfall expected by economists polled by Dow Jones Newswires, was the second highest for the month on record. The highest was $180.68 billion in July 2009....[view article]
Thousands of online banking customers have accounts emptied by 'most dangerous trojan virus ever created'Mail Online - August 12, 2010
Trojan is still at large and may strike again, experts warn. Bank affected has still not been named. Cyber criminals have raided the accounts of thousands of British internet bank customers in one of the most sophisticated attacks of its kind....[view article]
U.S. Is Bankrupt and We Don't Even Know It: Laurence KotlikoffBloomberg - August 12, 2010
Let's get real. The U.S. is bankrupt. Neither spending more nor taxing less will help the country pay its bills....[view article]
U.S., BP Near Deal on FundWall Street Journal - August 10, 2010
WASHINGTON—The Obama administration and BP PLC are close to a deal to use future revenues from the oil giant's Gulf of Mexico operations to guarantee its $20 billion cleanup and compensation fund, a move that would give both sides an incentive to continue production in the Gulf, scene of the U.S.'s worst-ever offshore oil spill....[view article]
US Defence Secretary Gates proposes defence cutsBBC - August 10, 2010
US Defence Secretary Robert Gates has recommended axeing one of the ten major US military commands in a major reallocation of defence spending....[view article]
Gulf relief well crews watch for tropical weatherAP - Associated Press - August 10, 2010
NEW ORLEANS -Crews finishing work meant to forever stop oil from leaking from a blown-out undersea well into the Gulf may have one more hurdle to overcome: the weather....[view article]
BP well could be permanently sealed by end of weekCNN - August 10, 2010
(CNN) -- The disaster of epic proportions in the Gulf of Mexico still is on track to be resolved at the end of this week, according to the federal point man in the region....[view article]
BP: Focus is on killing well, not future drilling in GulfCNN - August 7, 2010
(CNN) -- A BP official on Friday talked about the possibility of resuming drilling at the site of the Gulf oil disaster, but the company clarified his remarks....[view article]
Muscovites struggle to breathe as acrid smoke grips cityCNN - August 7, 2010
Moscow, Russia (CNN) -- The Moscow skyline of the Kremlin and St. Basil's Cathedral vanished Friday as a blanket of thick, noxious smoke shrouded the metropolis, leaving many of the city's 10 million residents with sore throats and burning eyes....[view article]
Senate Approves $600M for Border SecurityFox News - August 6, 2010
WASHINGTON -- The Senate agreed Thursday to add $600 million to the effort to stop the flow of illegal immigrants across the U.S. Mexican border....[view article]
Crude still coats marshes and wetlands along GulfAOL News - August 6, 2010
Type the intro here if you are linking to another story, otherwise paste the entire story here and leave the url blank. The website will display a maximum of 80 words for the introduction. If you are pasting from Word use the word pasteboard icon....[view article]
Tropical Storm Colin Regenerates; Busy Season PredictedAOL News - August 6, 2010
PENSACOLA, Fla. -- Record high ocean temperatures and the development of a climate phenomenon known as La Nina will keep the Atlantic hurricane season on track to be the busiest since 2005, government forecasters said Thursday....[view article]
U.S. Considers Push for U.N. Action in SyriaWall Street Journal - August 6, 2010
WASHINGTON-The Obama administration is considering pressing the United Nations to pursue a "special inspection" of alleged Syrian nuclear sites, a senior U.S. official said Thursday, a move that could leave Damascus facing a Security Council reprimand if it doesn't comply....[view article]
U.S. Employers Shed JobsWall Street Journal - August 6, 2010
WASHINGTON -- The U.S. economy shed more jobs than expected in July while the unemployment rate held steady at 9.5%, a further sign the economic recovery may be losing momentum....[view article]
Cementing of Well CompletedWall Street Journal - August 6, 2010
BP PLC has finished pumping its rogue well in the Gulf of Mexico with cement, effectively sealing it for good. But the government insists it's still too early to start celebrating victory....[view article]
Unemployment Rate Steady as Companies Hire at Slow Pace for 3rd Straight MonthFox News - August 6, 2010
WASHINGTON -- Private employers added new workers at a weak pace for the third straight month, making it more likely economic growth will slow in the coming months. The jobless rate was unchanged at 9.5 percent....[view article]
Congress may pull Lebanon military aidThe Jerusalem Post - August 6, 2010
WASHINGTON - Some members of Congress are threatening to reassess US aid to the Lebanese military following its border clash with Israel on Tuesday. "To start shooting as they did - one person killed, one seriously injured - is a very serious move by the Lebanese army," said Florida Rep. Ron Klein, who sits on the House Foreign Affairs Committee, in response to a question from The Jerusalem Post....[view article]
Military abortuaries a possibilityOneNewsNow.com - August 6, 2010
More than 200 military physicians are protesting a Senate bill amendment that would use U.S. military medical facilities as abortion clinics....[view article]
BP to pour cement into well in next phase of 'static kill'CNN - August 5, 2010
(CNN) -- BP plans to start pouring cement into its crippled well in the Gulf of Mexico on Thursday in the next phase of the well-killing operation known as a "static kill."...[view article]
Oil Spill Cleanup Workers Include Many Very, Very Small OnesThe New York Times - August 5, 2010
Among the hidden stars of the gulf cleanup is an oil-hungry bacterium that Dr. Seuss could have named - Alcanivorax. It and fellow microbes are breaking down a significant amount of the oil that gushed into the environment from BP's runaway well, scientists say. The microbial feasting is known as biodegradation....[view article]
Gallup Poll: Obama Drops to new low - 41%USA TODAY - August 4, 2010
WASHINGTON - Only 41% of those surveyed Tuesday through Sunday approved of the way Obama is handling his job, his lowest rating in the USA TODAY/Gallup Poll since he took office in January 2009. In Gallup's separate daily tracking poll, his approval was at 45% Monday....[view article]
Jobless rates no factor for stimulus moneyUSA TODAY - August 4, 2010
States with the highest jobless rates are getting less money per person under the federal stimulus program than states with below-average unemployment, a USA TODAY analysis finds....[view article]
BP gears up to halt oil spill confirmed 'world's worst'BBC - August 3, 2010
The US government has said the oil spill in the Gulf of Mexico is the biggest oil leak ever, as BP prepares its "static kill" operation to permanently seal its well. A new government estimate suggests BP's Macondo well leaked 4.9 million barrels of oil before being capped last month....[view article]
On Gulf, crews hope kill attempt will do the trickAP - Associated Press - August 3, 2010
NEW ORLEANS - Crews hoped to begin pumping mud and perhaps cement down the throat of the blown-out oil well at the bottom of the Gulf of Mexico on Tuesday in what BP officials said could be the method of attack that finally snuffs the spill....[view article]
U.S. dietary supplements often contaminated: reportReuters - August 3, 2010
WASHINGTON (Reuters) - Many popular dietary supplements contain ingredients that may cause cancer, heart problems, liver or kidney damage, but U.S. stores sell them anyway and Americans spend millions on them, according to Consumer Reports....[view article]
Microsoft Quashed Effort to Boost Online PrivacyWall Street Journal - August 2, 2010
Type the intro here if you are linking to another story, otherwise paste the entire story here and leave the url blank. The website will display a maximum of 80 words for the introduction. If you are pasting from Word use the word pasteboard icon....[view article]
China's Influence Grows With Its EconomyWall Street Journal - August 1, 2010
BEIJING-China is set to overtake Japan as the world's second-largest economy in a resurgence that is changing everything from the global balance of military and financial power to how cars are designed....[view article]
What They Know About YouWall Street Journal - July 31, 2010
Google Inc., Microsoft Corp., Yahoo Inc. and others have created "preference managers" that let you see, and change, the interests they've assigned to you based on your browsing behavior. The companies acted partly in response to concerns about the privacy of the people they're tracking....[view article]
US economic growth slows to 2.4%BBC - July 31, 2010
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department has said....[view article]
Democrats Under Fire Over Health-Law Reporting MandateWall Street Journal - July 30, 2010
WASHINGTON -- Congressional Democrats may water down or repeal new tax-reporting rules that are supposed to raise $16 billion for health-care legislation, facing a chorus of criticism about the rules....[view article]
Feds, parish presidents discuss cleanup at "contentious" meetingCNN - July 30, 2010
New Orleans, Louisiana (CNN) -- What's next now that the oil stopped flowing, and what will happen when BP's crippled well in the Gulf of Mexico is finally, permanently sealed?...[view article]
Coast Guard may start redeploying cleanup resources once Gulf well is killed permanentlyFox News - July 29, 2010
The government's point man for the Gulf spill plans to meet with coastal parish officials Thursday to talk about what's next now that the oil has stopped flowing....[view article]
Oil from Gulf spill is no longer collecting on the surface, but where is it?Fox News - July 28, 2010
NEW ORLEANS -- In the nearly two weeks since a temporary cap stopped BP's gusher at the bottom of the Gulf of Mexico, not much oil has been showing up on the surface of the water....[view article]
Reid: Ford alive because of bailoutsOneNewsNow.com - July 27, 2010
The Ford Motor Company continues to prove that government bailout money is not needed to succeed in these hard economic times. Last week, it reported second-quarter earnings of $2.6 billion dollars -- its fifth straight quarterly profit....[view article]
European banking shares rise after stress testsBBC - July 26, 2010
In the UK, shares in Lloyds Banking Group, Barclays and Royal Bank of Scotland all rose by about 2%, while in France Societe Generale climbed 3.6%....[view article]
BP chief Tony Hayward 'set to stand down'BBC - July 26, 2010
Mr Hayward has been widely criticised over the Gulf of Mexico oil spill....[view article]
Reid Abandons Cap & Trade in Face of Bipartisan OppositionFox News - July 23, 2010
Hitting a wall of bipartisan opposition to placing a price on carbon, even if just in the utility sector, Senate Majority Leader Harry Reid, D-Nev., Thursday unveiled a narrow, limited energy bill that contains no cap and trade plan....[view article]
Bachman: Cuts needed to pay for benefitsOneNewsNow.com - July 23, 2010
A GOP congresswoman says extending unemployment benefits is fine, but that she has a real problem with how the government is planning to pay for the billions of dollars it will cost taxpayers. ...[view article]
Bad weather could hamper effort to seal oil wellCNN - July 22, 2010
New Orleans, Louisiana (CNN) -- Bad weather may impact BP's attempts to create a permanent fix to the oil disaster, a BP official said Thursday....[view article]
Scientists weighing new option for shutting down oil wellCNN - July 20, 2010
Washington (CNN) -- As tests continue Tuesday on BP's ruptured oil well in the Gulf of Mexico, scientists are weighing a new option for permanently sealing it....[view article]
http://www.foxnews.com/us/2010/07/19/probe-oil-rig-zeroes-final-hours/Fox News - July 19, 2010
Federal authorities investigating BP PLC's oil spill in the Gulf of Mexico are zeroing in on bad decisions, missed warnings and worker disagreements in the hours before the April 20 inferno aboard the Deepwater Horizon that spawned one of the worst environmental disasters in U.S. history....[view article]
Sarah Palin to Muslims: Reject Ground Zero MosqueAOL News - July 19, 2010
Sarah Palin has a new cause - the proposed mosque near Ground Zero in New York. On Sunday, via the social networking site Twitter, the former Alaska governor asked "peace-seeking" Muslims to understand that the mosque will interfere with recovery from the September 11, 2001 terrorist attacks....[view article]
Cap Keeps Oil Out of Gulf for 3rd DayAOL News - July 18, 2010
NEW ORLEANS (July 18) -- Scientists got an extra day to evaluate whether the giant cork bottling BP's busted well in the Gulf of Mexico will hold, while officials overseeing the disaster pondered their next step....[view article]
BP says capped Gulf of Mexico oil well not leakingBBC - July 17, 2010
BP says there are no signs of leakage from its ruptured oil well in the Gulf of Mexico, a day after the flow was stopped for the first time since April. No oil has escaped from the new cap sealing the well and there was no sign of any breach under the sea floor, BP executive Kent Wells said....[view article]
The Gulf Waits: Another Day to Watch the CapFox News - July 17, 2010
NEW ORLEANS -- An extended trial run of a cap blocking oil from streaming into the Gulf of Mexico from the Deepwater Horizon well is due to expire Sunday after the government's point man on the cleanup told BP to continue to monitor the cap for another 24 hours....[view article]
Mini Nuclear Power Plants on the WayOn Watch in Washington - July 16, 2010
A San Francisco engineering company which has worked on more than half of the nuclear power stations in the U.S. is supporting an effort to build “the world’s first commercially viable, small modular nuclear power plants.” Bechtel Corp. is partnering with Babcock & Wilcox Co. in a move that “has the potential to be a real game changer,” according to Jack Futcher, president of Bechtel’s power business unit. The companies say the...[view article]
Navy Weighs Ship's Design, Along With Its Own FutureWall Street Journal - July 12, 2010
WASHINGTON—This summer, the Navy expects to choose between two competing designs for the Littoral Combat Ship, a fast, shore-hugging warship that will take on 21st century missions like chasing pirates and intercepting drug smugglers....[view article]
Deficit Tops $1 Trillion for Second Year in a RowAOL News - July 9, 2010
Gasp! The federal budget deficit has exceeded $1 trillion for the second consecutive year. But there's good news: The $1.005 trillion mark recorded at the end of June is $81 billion less than the deficit at that point in 2009, according to the Congressional Budget Office, the non-partisan group that keeps track of such things....[view article]
BP Sets New Spill TargetWall Street Journal - July 8, 2010
BP PLC is pushing to fix its runaway Gulf oil well by July 27, possibly weeks before the deadline the company is discussing publicly, in a bid to show investors it has capped its ballooning financial liabilities, according to company officials....[view article]
Beach Cleaners Only Skimming Oil Off SurfaceFox News - July 8, 2010
GULF SHORES, Ala. -- A problem lurks under the sand on the Gulf Coast, but some argue the best thing to do is -- nothing. Walk to a seemingly pristine patch of sand, plop down in a chair and start digging with your bare feet and chances are you'll walk away with gooey tar between your toes. So far, workers hired by BP to clean oil off beaches have skimmed only the surface, using shovels or sifting machines....[view article]
Federal Reserve weighs steps to offset slowdown in economic recoveryThe Washington Post - July 8, 2010
Federal Reserve officials, increasingly concerned over signs the economic recovery is faltering, are considering new steps to bolster growth....[view article]
Hundreds Of Fishermen Missing Checks From BPWDSU - July 8, 2010
GRAND ISLE, La. --Hundreds of fishermen from Lake Charles to Moss Point, Miss., were supposed to get checks from BP on Wednesday but didn't....[view article]
U.S. Plans Cyber Shield for Utilities, CompaniesWall Street Journal - July 8, 2010
The federal government is launching an expansive program dubbed "Perfect Citizen" to detect cyber assaults on private companies and government agencies running such critical infrastructure as the electricity grid and nuclear-power plants, according to people familiar with the program....[view article]
Nasa space shuttle firm to cut 1,000 jobsBBC - July 7, 2010
The US's leading space contractor is to cut the jobs of more than 1,000 of the world's leading scientists and technicians after Nasa ended its space shuttle program....[view article]
Narco Smugglers Go Deeper With First Real SubAOL News - July 7, 2010
(July 7) -- Law enforcement officials have already had to deal with drug traffickers using an increasing number of semi-submersible vessels, which just barely peeked above the surface of the water as they transported their illegal cargoes. Now the battle appears to have gotten even more difficult with the discovery of a fully functioning submarine capable of transoceanic transportation of drugs....[view article]
Study: Kids Still Feasting on Junk Food AdsAOL News - July 6, 2010
For kids, the appeal of sweets, sugary sodas and artery-clogging burgers has a lot to do with their exposure to advertising -- they see it, they want it. And despite ongoing efforts from federal health agencies and advocacy groups, children are still seeing too much televised promotion of unhealthy foods....[view article]
Sanctions are biting in Iran, exiled group saysReuters - July 6, 2010
BRUSSELS,(Reuters) - Sanctions imposed on Iran over the past four years are having a direct impact on its nuclear programme and causing widespread bank liquidity problems, according to an exiled Iranian opposition group....[view article]
Uncle Sam Wants You to Have an Online IDFox News - July 5, 2010
As our daily interactions and transactions have become increasingly "wired," we have yet to see any truly comprehensive attempts at securing online identities....[view article]
Gulf oil spill likely to reach Florida Keys, Miami, report saysLos Angeles Times - July 4, 2010
Those shorelines will probably see tar balls in the months ahead, NOAA finds. Also, skimming boats prepare to go back to work, and efforts to help turtles and migrating birds are announced....[view article]
Hurricane could suspend oil capping for two weeksCNN - July 2, 2010
(CNN) -- Oil could flow unrestricted for two weeks into the Gulf of Mexico if a hurricane moved toward the BP oil spill, according to a timeline from Coast Guard Adm. Thad Allen, who's managing the federal government's response to the disaster....[view article]
Kerry, the Sixth Generation FishermanCNN - July 2, 2010
On Wednesday, we toured a St. Bernard Parish community aid center for fishing families run by Catholic Charities of New Orleans. There we met several fishermen, including this gentleman named Kerry. He's a sixth generation fisherman, focusing primarily on crabbing....[view article]
Dell faces fresh threat from old PC failuresCNN - July 2, 2010
NEW YORK (CNNMoney.com) -- A six-year-old hardware meltdown that plagued millions of computers is coming back to haunt Dell. From 2003 to 2005, Dell sold computers with faulty capacitors that allegedly caused most motherboards on two Dell Optiplex models to break, rendering the computers useless. Dell was aware of the issue, according to recently unsealed court documents from a pending lawsuit, yet continued to sell the computers anyway....[view article]
Health law risks turning away sickThe Hill - July 1, 2010
The Obama administration has not ruled out turning sick people away from an insurance program created by the new healthcare law to provide coverage for the uninsured....[view article]
Growth Fears Hit Markets; Dollar, Treasurys RiseWall Street Journal - June 29, 2010
Fears about the pace of global growth hit financial markets hard Tuesday, with stocks sliding and investors rushing into the safety of the dollar and U.S. government bonds....[view article]
Hurricane Alex to hamper BP's oil spill containmentReuters - June 29, 2010
HOUSTON/LONDON, June 29 (Reuters) - Tropical Storm Alex is expected to reach hurricane strength on Tuesday, with high winds and vast waves set to hamper BP Plc's (BP.L) (BP.N) latest efforts to contain the largest oil spill in U.S. history. Shares in London-based energy giant BP fell a further 1.7 percent a day after sources said the New York Federal Reserve was probing potential systemic risks posed by the company, and after the company had to deny Russian government claims...[view article]
Why Friedrich Hayek Is Making a ComebackWall Street Journal - June 28, 2010
He was born in the 19th century, wrote his most influential book more than 65 years ago, and he's not quite as well known or beloved as the sexy Mexican actress who shares his last name. Yet somehow, Friedrich Hayek is on the rise....[view article]
Petraeus and Obama's Uncertain TrumpetWall Street Journal - June 28, 2010
The chroniclers tell us that Lyndon Johnson never took to the Vietnam War. He prosecuted it, it became his war, but it was, in LBJ's language, a "bitch of a war." He fought it with a premonition that it could wreck his Great Society programs....[view article]
Triumph of the RegulatorsWall Street Journal - June 28, 2010
President Obama hailed the financial bill that House-Senate negotiators finally vouchsafed at 5:40 a.m. Friday, and no wonder. The bill represents the triumph of the very regulators and Congressmen who did so much to foment the financial panic, giving them vast new discretion over every corner of American financial markets....[view article]
Fight Breaks Out Between Vaccine FirmsWall Street Journal - June 28, 2010
WASHINGTON- Two pharmaceutical companies are engaged in a pitched battle-replete with name-calling, hefty lobbying, and Capitol Hill intrigue-over a government contract to supply anthrax vaccine in the U.S....[view article]
Violence, vandalism rock G-20 protestsCNN - June 27, 2010
Toronto, Canada (CNN) -- Police said they were preparing for more disruptions Sunday after groups of protesters burned cars, hurled bricks and smashed windows as they tried to penetrate the fence surrounding the G-20 summit....[view article]
Congress Reaches Deal on Financial Regulatory ReformAOL News - June 25, 2010
Chairman of the House Financial Services Committee, made good on his pledge to keep lawmakers working all night on the financial regulatory reform bill....[view article]
Unemployment benefits extension nixed for nearly 1 millionCNN - June 25, 2010
NEW YORK (CNNMoney.com) -- Nearly a million people have lost their unemployment benefits because the Senate failed for the third time Thursday to extend the deadline to file for this safety net....[view article]
Florida Closes Beach as Gobs of Oil Wash InFox News - June 25, 2010
NEW ORLEANS - More dirty evidence of the massive oil spill washed ashore along the Gulf Coast for residents who don't need anymore reminders of their frustration over failed efforts to stop the crude gushing from a blown-out undersea well....[view article]
Cameron Takes Skeptical Approach to G-20Wall Street Journal - June 25, 2010
HALIFAX, Nova Scotia-New U.K. Prime Minister David Cameron, making his debut on the global stage at this week's meetings of international leaders in Toronto, is striking a skeptical tone about the ability of leaders to carry out their lofty conference promises....[view article]
Obama Urges Continued Stimulus SpendingVOA News - June 25, 2010
President Barack Obama is urging G-8 and G-20 nations to work together on steps already taken to repair and strengthen the global economy. The president arrived in Toronto for the G-8 and G-20 summits strengthened by U.S. lawmakers who reached an agreement that would send a sweeping financial system reform bill to the president's desk....[view article]
Deutsche Bank: U.S. Financial Conditions Just Collapsed Back To Crisis LevelsBusiness Insider - June 24, 2010
Deutsche Bank has a new and improved index of U.S. financial conditions, and this index just slumped back towards the lows of our recent crisis....[view article]
Bank of America Boosts Staff Handling Troubled LoansBloomberg - June 24, 2010
Bank of America Corp., the second- largest U.S. home lender, added 2,000 employees since April to work with borrowers having trouble paying their mortgages, a senior executive said. The lender now has more than 18,000 workers in "default management," a 60 percent increase since January 2009, Barbara Desoer, president of Bank of America's home-loan and insurance unit, said in testimony prepared for a congressional hearing on U.S. housing policy tomorrow....[view article]
Mortgage rates sink to lowest level on recordAP - Associated Press - June 24, 2010
ALAN ZIBEL (AP) - AP Real Estate Writer WASHINGTON Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments on home purchases and refinancings. Mortgage company Freddie Mac said Thursday that the average rate for 30-year fixed loans sank to 4.69 percent, from 4.75 percent last week....[view article]
Obama seeks new drill ban as oil still spewsReuters - June 23, 2010
WASHINGTON, June 23 (Reuters) - The White House was set on Wednesday to step up its legal battle to keep deepwater drilling on hold in the Gulf of Mexico following the worst oil spill in U.S. history....[view article]
Judge rules against Obama's deep-water drilling moratoriumLA Times - June 22, 2010
Reporting from Atlanta and Los Angeles -A federal judge on Tuesday struck down the Obama administration's six-month ban on deep-water drilling in the Gulf of Mexico, saying the federal government acted "arbitrarily and capriciously" in imposing the halt....[view article]
Survey: Individual Health Insurance Premiums JumpABC News - June 21, 2010
People who buy their own health insurance have been hit lately with premium hikes that far exceed increases in premiums for employer-sponsored coverage, according to a new survey from the Kaiser Family Foundation....[view article]
Medvedev Sees Risk to EuroWall Street Journal - June 18, 2010
ST. PETERSBURG, Russia-Russian President Dmitry Medvedev expressed doubts about the future of Europe's common currency and said the Gulf of Mexico oil spill could threaten the survival of BP PLC....[view article]
Hundreds Arrested in US Crackdown on Mortgage FraudVOA News - June 18, 2010
The U.S. Justice Department says authorities have arrested 485 people in a major crackdown on mortgage fraud. Attorney General Eric Holder said Thursday the suspects in "Operation Stolen Dreams" were responsible for $2.3 billion in losses....[view article]
Overlooked Danger in Gulf Oil Spill: MethaneAOL News - June 18, 2010
NEW ORLEANS (June 18) -- It is an overlooked danger in oil spill crisis: The crude gushing from the well contains vast amounts of natural gas that could pose a serious threat to the Gulf of Mexico's fragile ecosystem....[view article]
Inflation Tame Amid Continued High Jobless ClaimsWall Street Journal - June 17, 2010
U.S. consumer prices fell a second straight month during May, while U.S. unemployment claims rose in construction, manufacturing and educational services last week, both signs of a fitful economic recovery, government reports said Thursday....[view article]
Weekly Jobless Claims Rise by 12,000 to 472,000 Total Claims, Highest Level in a MonthFox News - June 17, 2010
WASHINGTON -- The number of people filing new claims for jobless benefits jumped last week after three straight declines, another sign that the pace of layoffs has not slowed....[view article]
Blast at Colombia coalmine kills 16 and traps dozensBBC - June 17, 2010
A blast at a coalmine in Colombia has killed 16 miners and left about 70 trapped underground, officials say. The explosion happened late on Wednesday at the San Fernando mine in Amaga, Antioquia province....[view article]
Analysts: Relief Wells May Not Stop Spill Until ChristmasAOL News - June 17, 2010
(June 17) -- President Barack Obama promised in his speech Tuesday night that sometime in August, the Gulf oil spill will finally be tamed. The leak will be plugged. The live "spillcam" can be turned off....[view article]
China's US govt debt holdings hit 2010 high: TreasuryMSN - June 16, 2010
China's holdings of US debt climbed to the highest level this year, the US Treasury said Tuesday even as Beijing stepped up attacks on the United States for its burgeoning debt....[view article]
Teacher LayoffsTime - June 15, 2010
I'm generally in favor of President Obama's efforts to prevent massive layoffs of public employees at the state and local level. But--you knew a "but" was coming, right?--there have to be some strings attached. I'm not sure Charles Lane is right that this isn't as bad as it seems. The pain won't be distributed equally. The districts that will be hit the hardest will be the poorest districts, which don't have the lush property tax base of the suburbs. And...[view article]
Lawmakers' committee assignments and industry investments overlapThe Washington Post - June 14, 2010
Rep. Ron Paul is captivated by gold. Over the past two decades, he has written books about the virtues of gold-backed currency. He has made uncounted speeches about the precious metal. He even took a leadership post on the House subcommittee that oversees the nation's monetary policy, mints and gold medals....[view article]
U.S. Identifies Vast Riches of Minerals in AfghanistanThe New York Times - June 14, 2010
WASHINGTON - The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials....[view article]
House-Senate panel meets to reconcile differences in financial reform billThe Washington Post - June 11, 2010
The final act in Congress's effort to rewrite the nation's financial regulations got off to a prickly start Thursday, as Democrats tacked on new provisions to the landmark legislation even before the first meeting of a House-Senate conference committee, angering Republicans who claimed they have been kept in the dark by the majority party....[view article]
Obama to Reopen Oil DrillingWall Street Journal - June 8, 2010
WASHINGTON-The Obama administration, facing rising anger on the Gulf Coast over the loss of jobs and income from a drilling moratorium, said Monday that it would move quickly to release new safety requirements that would allow the reopening of offshore oil and gas exploration in shallow waters....[view article]
Economy fueled by census hiring adds 431K jobs, but few positions created in private sectorThe Washington Post - June 4, 2010
Private employers dramatically cut back their rate of job creation in May, according to a government report released Friday that cast doubt on at least one aspect of the nation's economic recovery....[view article]
SpaceX Falcon 9 Rocket Reaches Orbit on First Flight (Update1)Business Week - June 4, 2010
June 4 (Bloomberg) -- Space Exploration Technologies Inc., a company at the center of President Barack Obama's plan to reshape NASA, launched into Earth orbit a new rocket designed to take cargo and astronauts to the International Space Station....[view article]
BP Reveals 'Fundamental Mistake' on Oil WellWall Street Journal - May 26, 2010
BP told congressional investigators that a decision to continue work on an oil well in the Gulf of Mexico after a test warned that something was wrong may have been a "fundamental mistake," according to a memo....[view article]
Anger, Questions Grow Along With Massive Gulf SpillFox News - May 24, 2010
With oil pushing at least 12 miles into Louisiana's marshes and two major pelican rookeries now coated in crude, Louisiana Gov. Jindal said the state has begun work on a chain of berms to skirt the state's coastline....[view article]
Clinton and Geithner Face Hurdles in China TalksThe New York Times - May 24, 2010
BEIJING - China and the United States opened three days of high-level meetings here on Monday meant to broaden and deepen the ties between the world's largest developed and developing economies....[view article]
Treasury says April federal deficit is largest on record for the monthThe Washington Post - May 15, 2010
The Treasury Department said Wednesday that the federal deficit for April soared to $82.7 billion, the largest imbalance for that month on record. That was significantly higher than last year's April deficit of $20 billion and above the $30 billion deficit that private-sector economists had expected....[view article]
Trade Deficit WidensWall Street Journal - May 12, 2010
The U.S. trade deficit widened in March to its highest level since December 2008, as surging oil prices pushed up the cost of oil imports to a 17-month high....[view article]
GOP idea man has a plan to balance the budgetWORLD Magazine - May 10, 2010
WASHINGTON-Paul Ryan likes to hunt. The strategy involved in tracking his target, the need of going at it alone, the skill to take aim, and even the thrill of the kill are reasons why Ryan, who recently turned 40, goes hunting as often as he can. But he prefers walking into the woods without a gun....[view article]
Unemployment rate rises despite 290,000 new jobsifapray.org - May 7, 2010
The economy gained jobs for the fourth straight month in April, the government reported Friday, but the unemployment rate rose slightly thanks to rapid growth in the workforce....[view article]
GOP Drops Opposition To Debate On Banking BillNPR.org - April 29, 2010
Republicans have dropped their objections to Democratic efforts to begin debate on a sweeping overhaul of financial regulations, ending GOP tactics that had stalled the bill for three days....[view article]
As Europe Reopens Skies, a New Cloud LoomsThe New York Times - April 20, 2010
LONDON - European authorities began easing six days of severe flight restrictions on Tuesday, but a new ash cloud, reported to be spreading south from the erupting volcano in Iceland, threatened to thwart part of the effort to end the Continent's worst aviation crisis....[view article]
Surge of Enthusiasm Greets US Offshore Power StudyAOL News - April 6, 2010
(April 5) -- A new wind is blowing in, stirring up the scientific, media and business communities with its powerful implications for the U.S. energy supply: limitless, renewable, clean electricity that's capable of powering the entire Eastern Seaboard....[view article]
Iran: Russia's Strategic New ClientThe Washington Post - March 29, 2010
Iran is fast becoming one of Russia's best business clients. While Russia is not entirely comfortable with Iran acquiring advanced nuclear technology and is concerned about combating terrorism, Russia is more concerned about becoming a broker in the Middle East, independent of the West. Strategic economic relations with Iran are quickly becoming a top priority....[view article]
Russia may scrap rubleThe Washington Post - March 29, 2010
The Moscow Times quoted First Deputy Prime Minister Igor Shuvalov as saying that Russia may abandon the ruble in favor of a single currency with neighbors Belarus and Kazakhstan. All three countries are seeking to lessen their dependence on the dollar....[view article]
Obsession With Nanotech Growth Stymies RegulatorsAOL News - March 26, 2010
(March 24) -- When the United States government formally acknowledged the world-changing potential of nanotechnology a decade ago, it was decided that America should lead the way. Almost immediately, 25 different federal agencies began scrambling to find uses for the engineered particles in medicine, energy, transport, weapons, protective devices and food, as well as thousands more real and dreamed-about applications....[view article]
Obama to Boost Aid for Troubled HomeownersAOL News - March 26, 2010
(March 25) -- The Obama administration plans to expand a program aimed at helping troubled mortgage borrowers by providing new loans to people whose homes are worth less than they owe and awarding banks and other lenders incentives to give breaks to people who are behind on their mortgages....[view article]
The VAT ComethTownHall.com - March 26, 2010
WASHINGTON -- As the night follows the day, the VAT cometh. With the passage of Obamacare, creating a vast new middle-class entitlement, a national sales tax of the kind near-universal in Europe is inevitable....[view article]
Who's in play: House health-care voteThe Washington Post - March 17, 2010
How members voted on health-care legislation Nov. 7, where they stand now and who is still undecided....[view article]
Social Security to start cashing Uncle Sam's IOUsAP - Associated Press - March 14, 2010
PARKERSBURG, W.Va. - The retirement nest egg of an entire generation is stashed away in this small town along the Ohio River: $2.5 trillion in IOUs from the federal government, payable to the Social Security Administration....[view article]
Potential new source for biofuel foundUPI - March 10, 2010
YORK, England, March 10 (UPI) -- British scientists say they've discovered a mechanism that might lead to a new way of converting wood and straw into liquid biofuels....[view article]
Obama has insurers in sight as he sets health planReuters - February 22, 2010
WASHINGTON (Reuters) - President Barack Obama will pitch his bid to revamp the U.S. healthcare system as a way to control big insurance company rate increases when he releases his healthcare plan on Monday, the White House said....[view article]
How Does One Spell Government Bankruptcy? O-B-A-M-ATownHall.com - February 17, 2010
If any chief executive officer in the United States of America presented his board with a budget that was one-third unfunded, he would be fired and tossed out of the boardroom immediately....[view article]
Closing the New FrontierTownHall.com - February 12, 2010
WASHINGTON -- "We have an agreement until 2012 that Russia will be responsible for this," says Anatoly Perminov, head of the Russian space agency, about ferrying astronauts from other countries into low-Earth orbit. "But after that? Excuse me, but the prices should be absolutely different then!"...[view article]
Largest-ever federal payroll to hit 2.15 millionWashington Times - February 2, 2010
The era of big government has returned with a vengeance, in the form of the largest federal work force in modern history. The Obama administration says the government will grow to 2.15 million employees this year, topping 2 million for the first time since President Clinton declared that "the era of big government is over" and joined forces with a Republican-led Congress in the 1990s to pare back the federal work force....[view article]
Study: Immigration Reform Would Boost US EconomyAOL News - January 8, 2010
Jan. 8 -- If the United States were to create a pathway to citizenship for millions of illegal immigrants currently living in the country, it could boost its gross domestic product by $1.5 trillion in just 10 years, a new study claims....[view article]
Congress to Raise Debt CeilingWall Street Journal - December 23, 2009
WSJ - Congressional Democrats prepared to pass big spending bills and a roughly $1.8 trillion increase in the federal debt limit, all at a time when concern is growing over the government's chronic deficits....[view article]
Selective Thoughts #3 by Bruce BialoskyTownHall.com - December 7, 2009
If the United States dollar is replaced as the reserve currency for the world, you can kiss our standing as "global top dog" goodbye. The reason for our current status is that everyone wants our money, just as it was with the British Empire in the 19th Century....[view article]
Jobless claims fall, but hiring gains seem far offAP - Associated Press - November 12, 2009
WASHINGTON - Fewer people are claiming unemployment benefits - but still too many to signal that the economy is close to gaining jobs....[view article]
Geithner: Strong Dollar 'Very Important' for U.S.Industry Week - November 11, 2009
U.S. Treasury Secretary Timothy Geithner said Wednesday a strong dollar was "very important" to the United States, seeking to reassure Asian nations concerned about the greenback's recent slump....[view article]
New Health Bill Posted - 2000 page documentdocs.house.gov - October 30, 2009
Type the intro here if you are linking to another story, otherwise paste the entire story here and leave the url blank. The website will display a maximum of 80 words for the introduction. If you are pasting from Word use the word pasteboard icon....[view article]
Lawmakers Battle on Census QuestionWall Street Journal - October 19, 2009
WASHINGTON -- A measure gaining traction in Congress would require the 2010 Census to include a question about citizenship, a change that would cost millions of dollars and possibly derail a full count....[view article]
Clean Coal Using Plasma FurnacesChristian Newswire - October 19, 2009
FREDERICK, MD, Sept. 20 /Christian Newswire/ -- The United States is often called the Saudi Arabia of coal. Up to now, burning coal to generate electric power has created pollution harmful to our environment, damaging to our health, and that might contribute to climate change. Well, that's about to change. Plasma furnaces can retrofit old coal-burning electric power plants so that they meet strict new EPA requirements....[view article]
White House, Top Democrats Begin Herculean Task of Merging Health Reform BillsFox News - October 14, 2009
With all five congressional health care bills making it out of committee, the White House and top Democrats must merge the different bills into versions that can pass in the House and the Senate, even as the Congressional Budget Office admits it can't confirm whether the legislation will save Americans a dime....[view article]
Brownback Co-Sponsors Legislation to Increase Congressional Transparency, AccountabilityBrownback.Senate.gov - October 12, 2009
WASHINGTON - U.S. Senator Sam Brownback today co-sponsored the 72 Hour Transparency Resolution, a bill which would require Congress to make available to the general public information about all pending legislation....[view article]
Pelosi Says Value Added Tax on TableMN Free Market Institute - October 8, 2009
In an interview with Charlie Rose this week, House Speaker Nancy Pelosi said that one of the the options on the table was the value added tax (VAT). Pelosi believes that the current tax system puts American industry at a significant disadvantage in the global economy and that a value added tax would help level the playing field....[view article]
Should Government Discriminate?The Washington Post - October 5, 2009
Dozens of major religious groups and denominations are urging Atty. Gen. Eric H. Holder Jr. to renounce a Bush-era memo that allows faith-based charities that receive federal funding to discriminate in hiring. Should religious charities that receive federal grant money be allowed to discriminate in hiring?...[view article]
IAM71.org: Growing Movement Against Tax Funded Abortion Prompts New WebsiteChristian Newswire - October 5, 2009
WASHINGTON, Oct. 5 /Christian Newswire/ -- Pro-life groups have joined together to launch IAM71.org, a website where the people can post photos of themselves with the number 71 to remind President Obama and Congress that 71% of Americans oppose taxpayer funded abortions. "We plan make sure that President Obama and every member of Congress is sent a link to these photos so they can put faces on the 71% figure that represents ...[view article]
G20 upbeat on economy, pledges financial reformsReuters - September 25, 2009
PITTSBURGH (Reuters) - The Group of 20 rich and developing nations declared their crisis-fighting efforts a success on Friday and promised to give rising powers such as China more say in rebuilding and guiding the global economy....[view article]
Census Bureau severs ties with ACORN in 2010 countBreitbart - September 11, 2009
WASHINGTON (AP) - The Census Bureau on Friday severed its ties with ACORN, a community organization that has been hit with Republican accusations of voter-registration fraud....[view article]
Los Angeles fire growth slows with more humidityReuters - September 1, 2009
LOS ANGELES (Reuters) - Firefighters battling a wildfire raging in the mountains of Los Angeles got their first big break in the seven-day blaze on Tuesday as higher humidity helped them push towering flames away from neighborhoods....[view article]
Deadly California Wildfire SurgesAOL News - August 31, 2009
LOS ANGELES - A massive fire in the Angeles National Forest nearly doubled in size overnight, threatening 12,000 homes Monday in a 20-mile-long swath of flame and smoke and surging toward a mountaintop broadcasting complex and historic observatory....[view article]
Marriage: What Matters - Too many Republicans are blind to what is at stake in the marriage-law debate.AllianceAlert.org - August 31, 2009
What drives the shortsightedness is that far too many in the GOP — from the business crowd to the Washington insiders, from the conservative think tanks to the talking heads on Fox News — have been slow to learn that social conservatism and economic conservatism are joined at the hip....[view article]
Federal Government Will Borrow 40 Percent of the Money It Spends Next Year, Says White House ReportCNS News - August 31, 2009
(CNSNews.com) – According to the Obama administration’s mid-session budget update, the federal government will have to borrow nearly 40 percent of its total expenditures in 2010....[view article]
'Tea Party Express' trucks on with tour aimed at health careCNN - August 28, 2009
(CNN) - They're angry and not going to take it anymore. And now they are doing something about it -- again. A protester takes part in an anti-health care reform rally August 14 in San Francisco, California. On Friday, the Tea Party Express group sets off on a bus tour starting in Sacramento, California, and winding down in Washington on September 12....[view article]
Economy: Tending to the HouseholdMars Hill - August 27, 2009
By Ken Myers "What we call ‘the economy’ is not one thing, but an ever-shifting pattern of billions of choices made about work to be done, and about the exchange of goods and services." At present, the state of the economy, in the U.S. and worldwide, seems to be the most popular subject of conversation in public and in private. Of course, the term "the economy" is an abstraction, summarizing many complex...[view article]
Fed urges secrecy on banks in bailout programsNews Daily - August 27, 2009
NEW YORK, Aug. 27, 2009 (Reuters) — The U.S. Federal Reserve asked a federal judge not to enforce her order that it reveal the names of the banks that have participated in its emergency lending programs and the sums they received, saying such disclosure would threaten the companies and the economy....[view article]
White House projects bigger deficits, bigger debtAP - Associated Press - August 25, 2009
WASHINGTON - The federal government faces exploding deficits and mounting debt over the next decade, White House officials predicted Tuesday in a fiscal assessment far bleaker than what the Obama administration had estimated just a few months ago....[view article]
Gingrich shreds Obama's economic policiesOneNewsNow.com - August 5, 2009
WASHINGTON, DC - The general chairman of the group American Solutions for Winning the Future gave a rousing speech on economy within government at the 31st Young America's Foundation's Conservative Student Conference....[view article]
Why The Bailout Is Self-DefeatingForbes.com - March 5, 2009
Under the Financial Stability Plan (the bailout formerly known as TARP), the Treasury Department gave nearly $350 billion, and is soon to give another $100 billion, to the banking industry in exchange for shares in participating banks....[view article]





