Economy
Gingrich's Group Offers 12 Solutions for America
http://www.newsmax.com/insider_report/Solutions_for_America/2009/06/14/225065.html Former House Speaker Newt Gingrich's political organization is offering 12 steps America should take to get the nation "back on the path to prosperity." Gingrich is general chairman of American Solutions for Winning the Future, which he founded in 2007. The group has taken out a full-page ad in USA Today headlined "12 American Solutions for Jobs and Prosperity."The Bankrupt Debate Over Bankrupting Our Children
http://www.truthout.org/051109R by: Dean Baker, t r u t h o u t | Perspective President Obama discusses his budget proposal for 2010. Much of the budget debate has focused on deficit projections, yet according to Dean Baker in the accompanying article, resolving the deficit should not be our first priority. Suppose that the federal government decided to give every newborn baby $200,000.Economy shrank at fastest clip since '82
The Associated Press
updated 8:38 a.m. CT, Fri., Jan. 30, 2009
WASHINGTON - The economy shrank at a 3.8 percent pace at the end of 2008, the worst showing in a quarter-century, as the deepening recession forced consumers and businesses to throttle back spending.
Credit-card industry may cut $2 trillion lines: analyst
Mon Dec 1, 2008 4:06pm EST (Reuters) - The U.S. credit-card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said. The credit card is the second key source of consumer liquidity, the first being jobs, the Oppenheimer & Co analyst noted.More layoffs at Focus on the Family
Ministry spent more than $500,000 to pass California's Prop. 8 gay marriage ban By Cara Degette 11/17/08 11:50 AM Focus on the Family is poised to announce major layoffs to its Colorado Springs-based ministry and media empire today. The cutbacks come just weeks after the group pumped more than half a million dollars into the successful effort to pass a gay-marriage ban in California.The Obama Agenda - Krugman says Progressive is Possible
Friday 07 November 2008 by: Paul Krugman, The New York Times Tuesday, Nov. 4, 2008, is a date that will live in fame (the opposite of infamy) forever. If the election of our first African-American president didn't stir you, if it didn't leave you teary-eyed and proud of your country, there's something wrong with you.A major Alaska newspaper, Anchorage Daily News, endorses Obama
Anchorage Daily News has endorsed Barakc Obama for president. "Gov. Palin's nomination clearly alters the landscape for Alaskans as we survey this race for the presidency -- but it does not overwhelm all other judgment.Economist Survey: Economists Favor Obama
From Economist.com (I took out two graphs to shorten - they dealt with why economists' opinions matter) AS THE financial crisis pushes the economy back to the top of voters’ concerns, Barack Obama is starting to open up a clear lead over John McCain in the opinion polls. But among those who study economics for a living, Mr Obama’s lead is much more commanding. A survey of academic economists by The Economist finds the majority—at times by overwhelming margins—believe Mr Obama has the superior economic plan, a firmer grasp of economics and will appoint better economic advisers.Salmon Fisherman Not Worthy of a Bailout? (Public)
Thursday 25 September 2008 by: Dan Bacher, t r u t h o u t | Perspective As George Bush pushes Congress to bail out Wall Street corporations, he refuses to immediately release $70 million out of the $170 million appropriated by Congress for disaster relief to salmon fishermen and businesses impacted by this year's salmon closures. While George W. Bush wants taxpayers to give Treasury Secretary Henry Paulson a $700 billion blank check to bail out Wall Street for its reckless speculation and greed, the administration announced last week that it would release only $100 million of the $170 million appropriated to salmon fishermen and businesses impacted by this year's salmon fishing closure off the California and Oregon coasts and in Central Valley rivers.Whatever Happened to Personal Responsibility? ((public))
http://www.truthdig.com/report Posted on Sep 24, 2008 By Ellen Goodman In the gospel according to Fed Chairman Ben Bernanke, “there are no atheists in foxholes and no ideologues in financial crises.” Suddenly, we are all pragmatists, trying to dig our way out of the Wall Street rubble with whatever tools are at hand. Well, there is some truth in that. But I think we are still capable of emotional multitasking, holding anger in one hand and fear in the other while grasping for a solution.Top Brands
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