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<title>EconWatch.com</title>
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<modified>2010-09-03T14:36:25Z</modified>
<tagline>Trends in international economics and globalization</tagline>
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<title>Obama to Focus Again on the Economy - NYTimes.com</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/obama_to_focus_again_on_the_economy_nytimescom-archive.html" />
<modified>2010-09-03T14:36:25Z</modified>
<issued>2010-09-03T14:36:25Z</issued>
<id>tag:www.econwatch.com,2010://34.47519</id>
<created>2010-09-03T14:36:25Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[The Caucus] He will deliver a speech on the economy in Cleveland on Wednesday, and will hold the news conference on Friday. It will be his first White House news conference since late May, when he addressed the BP oil...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://thecaucus.blogs.nytimes.com/2010/09/02/obama-to-focus-again-on-the-economy/">The Caucus</a>] <i>He will deliver a speech on the economy in Cleveland on Wednesday, and will hold the news conference on Friday. It will be his first White House news conference since late May, when he addressed the BP oil spill.</i></p><!--Obama to Focus Again on the Economy - NYTimes.com-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=bp wednesday nytimes " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=bp wednesday nytimes weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Raw Story] <a href="http://www.rawstory.com/rs/2010/0503/bp-ceo-its-not-our-spill/" rel="nofollow">BP CEO: &#39;It wasn&#39;t our accident&#39; but we&#39;ll clean spill; Liability ...</a>: Doesn&#39;t matter whose fault it was (it was obviously BP&#39;s) taxpayers and consumers will pay for it&#8230;if not from the U.S.Treasury..then consumers will pay for it at the gas pumps&#8230;either way BP will not suffer any more than the Massey Mine or the crooks at Goldman Sachs, IGA, Bear and Sterns, etc&#8230;.we pay, they get richer&#8230;thats how a Plutocracy (Corporatocracy) works&#8230;.(OUR) &#8220;government&#8221; is to impotent and powerless to stop it, because the Corporation(s) own (our)  Government&#8230;&#8230;&#8230;..money talks, and we (the people) get sh*t on </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Karmsundbk.com] <a href="http://karmsundbk.com/gulf-oil-spill-and-its-impact-on-the-environment-for-decades-to-come.html" rel="nofollow">Gulf Oil Spill and Its Impact on the Environment for Decades to ...</a>: The North Atlantic Bluefin Tuna spawns in the Gulf of Mexico between mid-April and mid-June, and is in potential danger of becoming extinct due to the oil spread. Five of the world&#8217;s seven species of turtles live and breed in this region, which also includes two endangered species of turtles that are threatened to become extinct due the oil spill.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Clarion Advisory] <a href="http://clarionadvisory.com/?p=7136" rel="nofollow">The Philosphy Professor: Tax It All ! &#124; Clarion Advisory</a>: over the past two years, the Pew Hispanic Center said in a report released Wednesday, and the Obama administration immediately touted the data as proof that it has made progress on securing the nation&#039;s borders. The first significant reduction in illegal immigration . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Caucus] <a href="http://thecaucus.blogs.nytimes.com/2010/08/30/the-early-word-back-in-town/" rel="nofollow">The Early Word: Back in Town - NYTimes.com</a>: Obama will mark the end of the American combat mission in Iraq in his second speech from the Oval Office, and on Wednesday he will preside over renewed peace talks between Israelis and Palestinians, sitting down to dinner .BP's Million-Dollar Ad Campaign: BP has spent more than $1 million a week on radio and television advertisements in the four months since the explosion aboard the Deepwater Horizon oil rig in the Gulf of Mexico, The Telegraph reports. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[New York Personal Injury Law Blog] <a href="http://www.newyorkpersonalinjuryattorneyblog.com/2010/08/new-york-times-bashes-lawyers-and-forgets-history.html" rel="nofollow">New York Times Bashes Lawyers (And Forgets History) - New York ...</a>: justification for this assault is the presumption that, if one is going to go through the BP fund, then one doesn&#8217;t need a lawyer. In so claiming, the Times displays either its utter ignorance of proving the elements of an economic loss, or it elects to turn a blind eye.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Caucus] <a href="http://thecaucus.blogs.nytimes.com/2010/07/15/the-early-word-all-economy/" rel="nofollow">The Early Word: All Economy - NYTimes.com</a>:     &#9;The Senate voted, 60 to 39, to approve an overhaul of the financial regulatory system on Thursday, heralding the end of more than a generation in which the prevailing posture of Washington toward the financial industry was largely one of hands-off admiration. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[City Room] <a href="http://cityroom.blogs.nytimes.com/2010/08/30/when-the-border-patrol-comes-aboard/" rel="nofollow">Border Patrol Sweeps of Trains and Buses Get Mixed Reception ...</a>: He did not respond to complaints from immigrant advocates that the company gives no prior notice of the requests for documents made on the Lake Shore Limited, though it warns passengers on its international routes. Others have contended that illegal immigrants should not expect a warning that they are risking apprehension when they travel. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Periscope Post] <a href="http://www.periscopepost.com/2010/09/lifting-liability-caps-on-oil-spills/" rel="nofollow">Lifting liability caps on oil spills &#124; The Periscope Post</a>: The paper warned, &#8220;Oil industry lobbyists are pushing hard against lifting the cap, and lawmakers are listening with open wallets.&#8221;&#157; The fear is that increasing the liability cap would force oil producers to go overseas. But the Herald agrued that the oil industry in the Gulf is too lucrative to abandon.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Dirt and Seeds] <a href="http://www.dirtandseeds.com/the-sad-state-of-our-educational-system/" rel="nofollow">Dirt and Seeds &raquo; Blog Archive &raquo; The sad state of our educational ...</a>:  Personally, I find the comments by Marc Tucker of the National Center for &#9;Education and the Economy on the following video to be probably the most &#9;important element of where we could change our system. (around the 7 minute &#9;mark on a long but very valuable session at the  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Times Topics&raquo; After Deadline] <a href="http://topics.blogs.nytimes.com/2010/08/24/everything-from-this-to-that/" rel="nofollow">Everything From This to That - NYTimes.com</a>: These experiences could help him in his new job, which will require consummate political skills to convince everyone, from President Obama to idled fishermen, that BP can still be trusted to pay for the cleanup and still be allowed to drill and operate deepwater wells. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Clarion Advisory] <a href="http://clarionadvisory.com/?p=7127" rel="nofollow">5 Days by Reagan Ranch &#124; Clarion Advisory</a>: over the past two years, the Pew Hispanic Center said in a report released Wednesday, and the Obama administration immediately touted the data as proof that it has made progress on securing the nation&#039;s borders. The first significant reduction in illegal immigration . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Freakonomics] <a href="http://freakonomics.blogs.nytimes.com/2010/08/24/unemployment-vs-global-warming/" rel="nofollow">Unemployment Vs. Global Warming - NYTimes.com</a>: Just because unemployment has gone up and global warming concerns have gone down doesn&#8217;t mean that one caused the other. It&#8217;s more likely, in my opinion, that the spike seen in 2007 was the great interest people had in the subject, causing them to learn more about the subject, and realize the truth that man-made global warming is bunk. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[FreeWestRadio.com] <a href="http://freewestradio.com/2010/09/the-billionaires-bankrolling-the-tea-party/" rel="nofollow">FreeWestRadio.com &raquo; Blog Archive &raquo; The Billionaires Bankrolling ...</a>: Militant Note: First off, the source for this story is the New York  Times and it includes some obvious bias, as you&#8217;ll see.&#160; What&#8217;s  important to note, however, is that the bankrollers are there.&#160; You  don&#8217;t get people like Glenn Beck and Sarah Palin flying around the  country showing up for speeches and events for free.&#160; Anyone who&#8217;s  organized even a small political rally realizes that there&#8217;s always  costs involved.&#160; If nothing else, this proves that the Tea Parties have  been hijacked. </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;bp wednesday nytimes </p>-->]]>
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<title>European Central Bank Optimistic About Economy - NYTimes.com</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/european_central_bank_optimistic_about_economy_nytimescom-archive.html" />
<modified>2010-09-03T14:35:13Z</modified>
<issued>2010-09-03T14:35:13Z</issued>
<id>tag:www.econwatch.com,2010://34.47518</id>
<created>2010-09-03T14:35:13Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[DealBook] His remarks came hours after the central bank of Sweden, which is not a member of the euro zone, raised its benchmark interest rate. The action, taken to head off inflation as the country&amp;#146;s economy surges, highlighted the diverging...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://dealbook.blogs.nytimes.com/2010/09/03/european-central-bank-optimistic-about-economy/">DealBook</a>] <i>His remarks came hours after the central bank of Sweden, which is not a member of the euro zone, raised its benchmark interest rate. The action, taken to head off inflation as the country&#146;s economy surges, highlighted the diverging growth rates in Europe.</i></p><!--European Central Bank Optimistic About Economy - NYTimes.com-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=euro diverging nytimes " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=euro diverging nytimes weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[My Offshore Accounts] <a href="http://www.myoffshoreaccounts.com/2010/09/european-central-bank-optimistic-economy/" rel="nofollow">European Central Bank Optimistic About Economy &#124; My Offshore Accounts</a>: Loans from the European Central Bank have been crucial for the euro zone&#146;s weaker banks, which are concentrated in the countries with the weakest economies, like Greece and Spain. Eurostat said Greek economic output fell 1.5 percent in the second quarter compared with the previous quarter.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Max Keiser] <a href="http://maxkeiser.com/2010/08/27/bernanke-trichet-economic-paths-may-diverge-at-jackson-hole/" rel="nofollow">Bernanke, Trichet Economic Paths May Diverge at Jackson Hole</a>: &#8220;Trichet&#146;s optimism and Bernanke&#146;s caution could strengthen the euro against the dollar, said Julian Callow, chief European economist at Barclays Capital in London. The dollar slid 0.5 percent yesterday in New York to $1.2719 per euro.&#8221; </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Avila Capital Markets's Blog] <a href="http://avilacmg.wordpress.com/2010/08/13/ny-times-german-surge-pushes-growth-in-europe-above-forecast/" rel="nofollow">(NY Times) German Surge Pushes Growth in Europe Above Forecast ...</a>: The euro-area economy grew 1 percent in the second quarter, a much better rate than had been expected, as Germany&#146;s best quarterly performance since reunification compensated for slow growth in Spain and Italy and a sharp decline in Greece, according to data released Friday. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[DealBook] <a href="http://dealbook.blogs.nytimes.com/2010/06/09/europe-refuses-to-be-rushed-on-regulation/" rel="nofollow">Europe Refuses to Be Rushed on Regulation - NYTimes.com</a>: A factor undermining the chances of a blocwide ban on short-selling is the position of the British government, which generally opposes measures that could jeopardize London&#146;s status as a global hub for the financial services industry. Many London-based bankers and economists say volatility on European markets simply reflects the failure of governments to cut deficits. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[A Fistful Of Euros &raquo; A Fistful Of Euros] <a href="http://fistfulofeuros.net/afoe/no-borrower-solidarity/" rel="nofollow">No borrower solidarity &#124; afoe &#124; A Fistful of Euros &#124; European Opinion</a>: (See &#8220;Anatomy of a Euromess&#8221;&#157; Feb. 8, 2010 in his NYT blog, and &#8220;The real reason for the euromess&#8221;&#157; in the Guardian Feb.15, 2010, with the subtitle &#8220;Greece and other European nations are in trouble because policy elites pushed the continent into adopting a single currency&#8221;&#157;. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Dealbreaker] <a href="http://dealbreaker.com/2008/09/prematurely-grading-the-bailout/" rel="nofollow">(Prematurely) Grading The Bailout &#171; Dealbreaker: A Wall Street ...</a>: In the wake of the worst single day performance on the Euro stage in recent memory for the Dollar, you might sit up and take notice. Of course, an injection of $700 billion is going to impact the dollar however you do it, so I say ignore the European foreign exchange nerds all together.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[IZA Discussion Papers] <a href="http://ftp.iza.org/dp5134.pdf" rel="nofollow">Foreign Labour Migration and the Economic Crisis in the EU ...</a>: 2009 compared to the previous quarter, while the growth rate for the Euro zone was 0.5 percent in the same period. During the recession period, the world's third largest export-economy has  experienced a deep decrease in its amount of . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[VoxEU.org: Recent Articles] <a href="http://www.voxeu.org/index.php?q=node/5417" rel="nofollow">Output revisions and the stimulus debate &#124; vox - Research-based ...</a>: Reconstructing counterfactuals of structural fiscal balances using 2008 beliefs on potential growth instead of the new vintage of potential GDP estimates, we show that potential GDP revisions can flip around fiscal policy assessment and be misleading about the actual degree of fiscal tightening. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Becker-Posner Blog] <a href="http://www.becker-posner-blog.com/2010/05/europes-longterm-economic-woesand-americas.html" rel="nofollow">Europe&#39;s Long-Term Economic Woes&#8221;&#148;and America&#39;s - The Becker-Posner ...</a>: individualism, with related notions such as self-reliance, freedom to fail, entrepreneurship, the &#8220;self-made&#8221;&#157; man, and the Horatio Alger story do not grip the public imagination of many Europeans. Government in Europe employs a higher percentage of the working population and engages in more redistribution of income, resulting in high taxes to fund retirement at earlier ages than in the United States, generous pensions and family leave, unemployment benefits generous enough to discourage work, and medical care. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[DealBook] <a href="http://dealbook.blogs.nytimes.com/2010/05/26/doubts-on-european-central-bank-amid-crisis/" rel="nofollow">Doubts on European Central Bank Amid Crisis - NYTimes.com</a>: Amid signs that some fretful deposit holders on Europe&#146;s troubled periphery are moving their money to presumably safer German banks, fears are spreading on trading floors from Hong Kong to Frankfurt to New York that Europe&#146;s central bank and its 16 backer nations might not be able to stem a classic bank panic, Landon Thomas Jr. writes in The New York Times. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Pajamas Media] <a href="http://pajamasmedia.com/blog/what-would-a-euro-collapse-mean-for-the-united-states/" rel="nofollow">Pajamas Media &raquo; What Would a Euro Collapse Mean for the United States?</a>: Don&#8217;t be such an alarmist;Dhimnis don&#8217;t fight , they submit;they&#8217;re too sophisticated to fight;that&#8217;s left to cowboys and other uncouth Americans,who will NOT ever again fight for Europe.The European drunken spree is over,and the hangover will see a Muslim volkerwanderung convert your churches to mosques,your children into slaves,and cast your post modern welfare state post modern&#8221;culture&#8221; into the garbage heap of history.We are next,and it will be fun to see whether American exceptionalism really exists, or was just a wishful thought in the mind of American consevatives. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Reports - The Heritage Foundation] <a href="http://www.heritage.org/research/reports/2010/07/countering-turkey-s-strategic-drift" rel="nofollow">U.S. Relationship with Turkey: Advancing the Strategic Partnership ...</a>: On March 4, 2010, the House Committee on Foreign Affairs approved a resolution condemning the World War I slaughter of Armenians as genocide.<a name="_ftnref14" href="#_ftn14">[14]</a> Prime Minister Erdo&#196;&#159;an angrily called for the expulsion of Armenians from Turkey and recalled Turkey&#146;s ambassador from the U.S. for consultations.<a name="_ftnref15" href="#_ftn15">[15]</a> The resolution would require President Obama to use the term &#8220;Armenian genocide&#8221;&#157; to refer to the World War I mass killings of Armenians by the Ottoman Empire, which the executive branch has thus far resisted. U.S. Secretary of State Hillary Clinton has said that the Obama Administration will work hard to make sure that the resolution does not come up for a vote before the full House of Representatives,<a name="_ftnref16" href="#_ftn16">[16]</a> but Turkey&#146;s behavior may make this impossible. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Swampland] <a href="http://swampland.blogs.time.com/2010/07/05/a-senate-standoff-continues/" rel="nofollow">A Senate Standoff Continues - Swampland - TIME.com</a>: Small differences in initial conditions (such as those due to rounding errors in numerical computation) yield widely diverging outcomes for chaotic systems, rendering long-term prediction impossible in general.[1] This happens even though these systems are deterministic, meaning that their future behaviour is fully determined by their initial conditions, with no random elements involved.[2] In other words, the deterministic nature of these systems does not make them predictable.[3] This behavior is known as deterministic chaos, or simply chaos. </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;euro diverging nytimes </p>-->]]>
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<title>David Rosenberg: Here&amp;#39;s 5 Signs That The Economy Began The Double ...</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/david_rosenberg_heres_5_signs_that_the_economy_began_the_double_-archive.html" />
<modified>2010-09-01T19:13:38Z</modified>
<issued>2010-09-01T19:13:38Z</issued>
<id>tag:www.econwatch.com,2010://34.47458</id>
<created>2010-09-01T19:13:38Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[Business Insider] If you have any doubts, have a look at the current issue of the magazine, International Economy, a slick mag endorsed by former Federal Reserve chairmen Paul Volcker and Alan Greenspan, by Jean-Claude Trichet, president of the European...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://www.businessinsider.com/david-rosenberg-heres-5-signs-that-the-economy-began-the-double-dip-in-q3-2010-9">Business Insider</a>] <i>If you have any doubts, have a look at the current issue of the magazine, International Economy, a slick mag endorsed by former Federal Reserve chairmen Paul Volcker and Alan Greenspan, by Jean-Claude Trichet, president of the European Central Bank, by former Secretary of State George Shultz, and by the New York Times and Washington Post, both of which declare the magazine to be &#8220;ahead of the curve.&#8221;&#157;</i></p><!--David Rosenberg: Here&#39;s 5 Signs That The Economy Began The Double ...-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=washington chairmen york " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=washington chairmen york weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Political Animal] <a href="http://www.washingtonmonthly.com/archives/individual/2010_08/025389.php" rel="nofollow">Other than tax cuts, Pence wants tax cuts - The Washington Monthly</a>: So, asked what the GOP supports in terms of economic policy, other than Bush's tax policy, the chairman of the House Republican Conference responds by reiterating his support for Bush's tax policy (which, by the way, failed miserably to produce the predicted economic nirvana). </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[BizzyBlog] <a href="http://www.bizzyblog.com/2010/08/28/aps-econ-coverage-continues-singular-focus-on-bernanke-non-naming-of-others-in-govt/" rel="nofollow">AP&#39;s Econ Coverage Continues Singular Focus on Bernanke, Non ...</a>: The White House said Friday the latest US economic growth data represented &#8220;positive news&#8221; but that the lowered estimates mean more work is needed to keep the recovery on track. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[James H Magee, Washington Bankruptcy Attorney] <a href="http://bankruptcywashingtonstate.wordpress.com/2010/08/23/economy-slowing-down-again-and-federal-reserve-bank-is-running-out-of-traditional-stimulus-options-says-ucsc-economics-professor-carl-e-walsh/" rel="nofollow">Economy slowing down again, and Federal Reserve Bank is running ...</a>: Walsh, a professor of economics at the University of California, Santa Cruz. "The choices ahead are only getting worse as the economy seems to be slowing down." Professor Walsh was quoted in the New York Times Thursday, August 12, . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[REPUBLICAN REDEFINED] <a href="http://republicanredefined.com/2010/08/26/rnc-chairman-comes-out-of-the-closet/?utm_source=rss&utm_medium=rss&utm_campaign=rnc-chairman-comes-out-of-the-closet" rel="nofollow">RNC Chairman Comes Out of the Closet</a>: My ax to grind with Mehlman has nothing to do with his sexuality and everything to do with how he ran&#160;the&#160;White House Office of Political Affairs and the RNC in the Bush years. It was during the Bush years, with Karl Rove as deputy chief of staff and Mehlman as director of OPA (and later as RNC chairman), that the Republican Party began operating in a top-down fashion, with the smart guys in Washington calling all the shots, playing favorites in contested primaries and otherwise meddling in affairs that are properly the business of state parties and the GOP&#160;rank-and-file. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[MediaScrape News] <a href="http://mediascrape.com/finance/fed-split-on-move-to-bolster-sluggish-economy/" rel="nofollow">Fed Split on Move to Bolster Sluggish Economy</a>: Bernanke during the crisis and who  attends many Washington Nationals baseball games with the chairman,  worried that a decision to reinvest mortgage proceeds into Treasurys  would confuse investors and lead many to believe the Fed was paving the  way to resume major purchases before it had decided to do so. An abrupt  change in stance, he argued, could lead the public to believe the Fed  was more worried about the economy than it really was. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Washington Blade] <a href="http://www.washingtonblade.com/2010/08/19/mayor-promises-greater-visibility-in-lgbt-community/" rel="nofollow">Mayor promises greater visibility in LGBT community</a>: Blade: In the area of economic development and small business, there&#146;s been an ongoing concern by some in the LGBT community about over regulation and restrictions on nightlife venues and entertainment venues. Some of that came to light when the new baseball stadium displaced five or six or more adult-oriented businesses, with some catering to the gay community, that have been unable to relocate due to zoning restrictions. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[PaTownHall.com] <a href="http://patownhall.com/article.php?id=5464" rel="nofollow">Pennsylvania Town Hall - Pennsylvania&#39;s Marketplace of Ideas</a>: A 2006 study by Scott, Carlos Salas, and Bruce Campbell showed that 1,015,291 U.S. jobs were affected by NAFTA since 1994 and that NAFTA is responsible for displacing over a half million Americans who hold high school degrees or less education into lower paying jobs. The Bureau of Labor Statistics says that 11 states have lost between 30,000 and 124,000 jobs because of NAFTA, including Pennsylvania, California, Florida, New York, Ohio, Illinois, Indiana, North Carolina, Georgia, and Michigan. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[theGrio] <a href="http://www.thegrio.com/politics/rangel-affirms-support-for-obama-at-ny-debate.php" rel="nofollow">Rangel affirms support for Obama at NY debate</a>: Labor activist Jonathan Tasini criticized Rangel's support for NAFTA and other trade agreements that Tasini said had impoverished other countries and forced an uptick in illegal immigration in the U.S. Tasini also said Rangel was "awash in corporate money" and would do nothing to push back on corruption in Washington. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[1848+: Last and First Men] <a href="http://www.redfortyeight.com/2010/09/01/death-by-globalism/" rel="nofollow">Death By Globalism</a>: If you have any doubts, have a look at the current issue of the magazine, International Economy, a slick endorsed by former Federal Reserve chairmen Paul Volcker and. Alan Greenspan, by Jean-Claude Trichet, president of the European . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Travel News As It Happens] <a href="http://travelnewsasithappens.com/216656/" rel="nofollow">Travel News As It Happens &raquo; Blog Archive</a>: WASHINGTON (Reuters) - The co-chairman of a commission on the US budget deficit apologized on Wednesday after likening the handing out of government retirement benefits to milking cows. Alan Simpson, a Republican who . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Finding-Lawyer.com] <a href="http://finding-lawyer.com/2010/08/31/is-hateful-speech-at-a-military-funeral-protected-by-the-first-amendment/" rel="nofollow">Is Hateful Speech at a Military Funeral Protected by the First ...</a>: schiffforsenate.com www.youtube.com online.wsj.com A reporter from the Wall Street Journal traveled on train from Washington DC to New York, rented a car and drove with her cameraman to Connecticut to interview Peter Schiff. Vivian Nasiatka, the 5th Ditrict . </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;washington chairmen york </p>-->]]>
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<entry>
<title>How the Stock Market and Economy Really Work - Kel Kelly - Mises Daily</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/how_the_stock_market_and_economy_really_work_kel_kelly_mises_daily-archive.html" />
<modified>2010-09-01T19:06:25Z</modified>
<issued>2010-09-01T19:06:25Z</issued>
<id>tag:www.econwatch.com,2010://34.47457</id>
<created>2010-09-01T19:06:25Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[Mises Institute Daily Articles (Full-text version)] &amp;#9;&amp;#9;&amp;#9;&amp;#9;&amp;#9;Kel Kelly has spent over 13 years as a Wall Street trader, a corporate finance analyst, and a research director for a Fortune 500 management consulting firm. Results of his financial analyses have been...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://mises.org/daily/4654">Mises Institute Daily Articles (Full-text version)</a>] <i> &#9;&#9;&#9;&#9;&#9;Kel Kelly has spent over 13 years as a Wall Street trader, a corporate finance analyst, and a research director for a Fortune 500 management consulting firm. Results of his financial analyses have been presented on CNBC Europe, and the online editions of CNN, Forbes, BusinessWeek, and the Wall Street Journal. </i></p><!--How the Stock Market and Economy Really Work - Kel Kelly - Mises Daily-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=kelly wall businessweek " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=kelly wall businessweek weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Art Market Monitor] <a href="http://www.artmarketmonitor.com/2010/08/15/earth-to-businessweek-asia-week-isnt-new/?utm_source=rss&utm_medium=rss&utm_campaign=rss" rel="nofollow">BusinessWeek Discovers Emerging Markets</a>: Bloomberg declares the art recession over in China. Expecting (hoping for, really) $97 million in sales this weekend, Christie&#8217;s racked... </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Travel News As It Happens] <a href="http://travelnewsasithappens.com/227342/" rel="nofollow">Google.com - Top Stories - Google News</a>: US Stocks Lower As Concern On US Economic Recovery ContinuesWall Street Journal US Stocks Reverse Gains After Kansas Area Manufacturing StallsWall Street Journal Stocks slip as caution about the economy returnsThe Associated Press . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[NewsPlurk Business] <a href="http://business.newsplurk.com/2010/07/korea-won-gains-bonds-fall-as-economy.html" rel="nofollow">Korea Won Gains, Bonds Fall as Economy Grows More Than Forecast</a>: Korea Won Gains, Bonds Fall as Economy Grows More Than Forecast. July 26 (Bloomberg) -- South Korea's won rose for a fifth day and bonds fell after the economy expanded more than economists forecast,...  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Wall Street Job Report] <a href="http://compliancex.typepad.com/thewallstreetjobreport/2010/05/obama-says-regulation-overhaul-will-aid-economy-update1.html" rel="nofollow">Obama Says Regulation Overhaul Will Aid Economy (Update1)</a>: (Bloomberg) -- President Barack Obama said the financial regulation overhaul moving through Congress will help the economy and protect consumers by bringing greater accountability to Wall Street. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Shares Prices] <a href="http://shares-prices.com/shares/buying-shares-in-ireland/" rel="nofollow">buying shares in ireland</a>: US Stocks Fall On Further Uncertainty Over US Economic Recovery Wall Street Journal US-listed shares of Allied Irish Banks PLC and Governor & Co. of the Bank of Ireland fell 4.8% and 2.3% respectively after Standard & Poor's downgraded . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Business Insider: Economy] <a href="http://www.businessinsider.com/bloombergs-businessweek-stealing-more-staffers-from-time-inc-2010-1" rel="nofollow">Bloomberg&#39;s BusinessWeek Stealing More Staffers From Time Inc.</a>: post = {"id":"4b6055c3000000000050eef3","author":"Gillian Reagan","ts":1264604580000,"uri":"http:\/\/www.businessinsider.com\/bloombergs-businessweek-stealing-more-staffers-from-time-inc-2010-1","thumb":"http:\/\/static.businessinsider.com\/image\/4b02b182000000000057269e-90-90\/josh-tyrangiel.jpg","author_ids":""&#125;;  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[TALKERS magazine] <a href="http://www.talkers.com/online/?p=6582" rel="nofollow">Talk Street backup II 8-19-10</a>: KIRO-FM is also carrying &#8220;The Wall Street Journal This Morning&#8221;&#157; and &#8220;The Wall Street Journal This Weekend&#8221;&#157; with host Gordon Deal. KIRO-FM operations manager Ryan Hatch says, &#8220;While the uncertainty of economic recovery remains a primary . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[DEMOCRAT.GNOM.ES &#124; liberal newswire] <a href="http://feeds.gnom.es/&#126;r/gnomes/democrat/&#126;3/XFZ_OK9tcLE/ebays-whitman-faces-brown-for-california-governor-businessweek" rel="nofollow">EBay&#39;s Whitman Faces Brown for California Governor - BusinessWeek</a>: Democrats already are attacking Whitman for her one-time role as a director of New York-based Goldman Sachs Group Inc., the Wall Street bank sued for fraud by the US Securities and Exchange Commission in connection with the sale of . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Republicans for Obama - Public Blog] <a href="http://www.republicansforobama.org/node/8538" rel="nofollow">Time to Raise Up Our Voices</a>: If lawmakers need to be aware of New York&#146;s reliance on Wall Street revenues, they also have to keep in mind that the state has paid a heavy price for the economic meltdown. Albany has fared worse than most states as the recession has deprived the state and its municipalities and school districts of the money they need to operate. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Mujipao&#39;s Blog] <a href="http://mujipao.wordpress.com/2010/07/31/web-graffiti-3-0-october-2008-2/" rel="nofollow">Web Graffiti 3.0: October, 2008</a>: In Europe, the open source software deployed in the proportion of institutions than the United States, the most common of Ruanjian is OpenOffice, which is often used Tidaifeiyong high of MSOffice to reduce costs, while the Linux system, the machine has 45% Du An Zhuangliao OpenOffice.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Libertarians Abroad Blog] <a href="http://blog.libertariansabroad.org/2010/08/04/give-capitalism-a-chance/" rel="nofollow">Give Capitalism a Chance</a>: Kel holds a degree in economics from the University of Tennessee, an MBA from the University of Hartford, and an MS in economics from Florida State University. He lives in Atlanta. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Environmental Law &amp; Climate Change Law Blog] <a href="http://taberlaw.wordpress.com/2010/07/19/875/" rel="nofollow">Environmental Law and Climate Change Law Newsletter, July 19, 2010 ...</a>: &#8220;It would be virtually impossible for many critical U.S. industries to comply with this standard, even with use of best-management practices to control dust,&#8221;&#157; said Tamara Thies, NCBA chief environmental counsel. &#8220;All of us certainly want healthy air for our communities, but this is nothing more than the everyday dust kicked up by a car driving down a dirt road, and it has long been found to be of no health concern at ambient levels.&#8221;&#157; Because of the high dust levels found in arid climates, many critical western industries have a difficult time meeting the current standard of 150 &#181;g/m3. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Everyone&#39;s Blog Posts - pitchengine] <a href="http://mediapitch.ning.com/xn/detail/1625905:BlogPost:16881" rel="nofollow">Which Old Media Gets Social Media?</a>: In Kevin Kelly's book, &#8220;The New Rules of The New Economy&#8221;&#157; he states &#8220;The new economy is about communication, deep and wide. Communication is the foundation of society, of our culture, of our humanity, of our own individual identity, . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Online News &#124; News1800] <a href="http://news1800.com/2010/08/entertainment/reality-tv-finalist-francisco-patino-steered-developer-to-mosque-site-near-new-york-daily-news/" rel="nofollow">Reality TV finalist Francisco Patino steered developer to mosque ...</a>: The Federal Communications Commission needs to restrict Comcast, the biggest US cable company, from selling the TV stations or nine regional sports networks &#8230; </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;kelly wall businessweek </p>-->]]>
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<title>Obama-Economy &amp;#124; Jamie Dupree&amp;#39;s Washington Insider</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/obamaeconomy_jamie_duprees_washington_insider-archive.html" />
<modified>2010-08-31T19:07:35Z</modified>
<issued>2010-08-31T19:07:35Z</issued>
<id>tag:www.econwatch.com,2010://34.47424</id>
<created>2010-08-31T19:07:35Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[Jamie Dupree&apos;s Washington Insider] [...] Obama-EconomyAtlanta Journal Constitution (blog)One staffer for a GOP Senator told me that they had heard a lot of complaints from small business groups back home about the lack of action on this small &amp;#8230;Obama: GOP...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://blogs.ajc.com/jamie-dupree-washington-insider/2010/08/31/obama-economy/?cxntfid=blogs_jamie_dupree_washington_insider">Jamie Dupree's Washington Insider</a>] <i>[...] Obama-EconomyAtlanta Journal Constitution (blog)One staffer for a GOP Senator told me that they had heard a lot of complaints from small business groups back home about the lack of action on this small &#8230;Obama: GOP should let small business bill throughBoston Herald&quot;Can You Guys Still Hear Us?&quot;: President Obama Talks Economy Amidst Technical &#8230;ABC News (blog) [...]</i></p><!--Obama-Economy &#124; Jamie Dupree&#39;s Washington Insider-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=obama gop blog " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=obama gop blog weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[WSJ.com: Washington Wire] <a href="http://blogs.wsj.com/washwire/2010/08/30/obama-gop-spar-over-economy/" rel="nofollow">Obama, GOP Spar Over Economy - Washington Wire - WSJ</a>: In a statement released before Obama&#146;s appearance, House Minority Leader John Boehner of Ohio again urged the president to fire his economic advisers, and focused his ire on the administration&#146;s push to allow tax cuts to expire for those earning more than $250,000. &#147;Republicans are listening to the American people and offering better solutions to prevent the tax hikes and end the uncertainty for our nation&#146;s small businesses - so they can create jobs,&#148; he said. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[mcclatchydc.com: Homepage] <a href="http://www.mcclatchydc.com/2010/08/30/99877/obama-challenges-gop-to-end-blockade.html" rel="nofollow">Obama comes out swinging on economy, slams GOP on jobs &#124; McClatchy</a>: Foreign policy was supposed to dominate Obama&#39;s agenda this week, with the president delivering an address to the nation Tuesday night to take credit for pulling combat troops out of Iraq as he promised, and getting the Mideast peace process jump-started with new talks between Israeli and Palestinian leaders this week in Washington. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[New Media Blog] <a href="http://www.newmediablog.com/2010/08/obama-comes-out-swinging-on-economy-slams-gop-on-jobs/" rel="nofollow">Obama comes out swinging on economy, slams GOP on jobs &#171; New Media ...</a>: Obama comes out swinging on economy, slams GOP on jobs. McClatchy Newspapers, by Margaret Talev & David Lightman Posted By: krispy kritter- Tue, 31 Aug 2010 04:36:42 GMT WASHINGTON &#8221;&#148; President Barack Obama signaled Monday that he'll ... </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Business Insider] <a href="http://www.businessinsider.com/obama-statement-on-the-economy-2010-8" rel="nofollow">Obama Blasts GOP On Economy: &quot;Drop The Blockade&quot;</a>:                             Dumbass Obama likes to point out that other people "drove the economy into the ditch."  But then the moron goes out and hires THE VERY SAME BUS DRIVERS who "drove the economy into the ditch":  Ben Bernanke, Larry Summers, Tim Geithner, Bob Rubin, Neel Kashkari... Is he really that stupid, or is he just full of it.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[CNN Political Ticker] <a href="http://politicalticker.blogs.cnn.com/2010/08/30/obama-rips-gop-for-blocking-business-aid-bill/" rel="nofollow">CNN Political Ticker: All politics, all the time Blog Archive ...</a>: They are so absorbed with being obstructionist, that they choose to fail the American people at every possible turn. The only option I can asume to be the case is that some foreign power  - Russia or China comes immediately to mind - has taken control of the GOP and is paying to have representatives of the Republican party economically destroy the country from the inside out.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[White House] <a href="http://www.washingtonexaminer.com/politics/white-house/Obama-blames-GOP-for-economic-_blockade_-656196-101839548.html" rel="nofollow">Obama blames GOP for economic &quot;blockade&quot; &#124; Washington Examiner</a>: By: Julie Mason Examiner White House Correspondent August 30, 2010. With little room to maneuver in a relentlessly pinched economy, President Obama lashed out at Republicans, demanding the . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[WMUR.com] <a href="http://www.wmur.com/money/24813955/detail.html" rel="nofollow">Obama: GOP Should Let Small Business Bill Through - Project ...</a>:               "Every single day, I'm pushing this economy forward, repairing the damage that's been done to the middle class over the past decade and promoting the growth we need to get out people back to work," Obama said in his statement. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Political Punch] <a href="http://blogs.abcnews.com/politicalpunch/2010/08/can-you-guys-still-hear-us-president-obama-talks-economy-amidst-technical-snafus.html" rel="nofollow">&quot;Can You Guys Still Hear Us?&quot;: President Obama Talks Economy ...</a>: The president said the small business lending initiative would help business owners &#8220;get the credit they need and eliminate capital gains taxes on key investments so they have more incentive to invest right now.&#160; And it would accelerate $55 billion of tax relief to encourage American businesses, small and large, to expand their investments over the next 14 months. Unfortunately, this bill has been languishing in the Senate for months, held up by partisan minority that won't even allow it to go to a vote.&#160; That makes no sense.&#8221;&#157; </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Congress Blog] <a href="http://thehill.com/blogs/congress-blog/economy-a-budget/116425-bama-should-fire-his-economic-advisors-rep-john-boehner" rel="nofollow">Obama should fire his economic advisors (Rep. John Boehner) - The ...</a>: When President Obama meets with his economic advisors today his message will be &#8221;&#152;I care&#146; - but it should be &#8221;&#152;you&#146;re fired.&#146; The White House economic team, led by Treasury Secretary Geithner and National Economic Council Director Summers, promised that if we spent more than a trillion dollars on their government &#8221;&#152;stimulus&#146; plan, it would create jobs &#8221;&#152;immediately&#146; and keep unemployment below eight percent. Instead, millions of Americans lost their jobs and unemployment is near double-digits. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Jay Bookman] <a href="http://blogs.ajc.com/jay-bookman-blog/2010/08/31/gallup-reports-historic-poll-margin-for-gop-in-congress/?cxntfid=blogs_jay_bookman_blog" rel="nofollow">Gallup reports historic poll margin for GOP in Congress &#124; Jay Bookman</a>: If I, as a GOP politician, think that the Dems policies will destroy the country, then compromising and allowing those policies to go in to effect is pretty much the same thing as supporting destroying the country. And why would you want a politician to support a policy he believes will destroy the country? </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[gamecock's blog] <a href="http://www.redstate.com/gamecock/2010/08/31/gop-now-owns-king-dream-moral-card/" rel="nofollow">GOP now owns King Dream moral card &#124; RedState</a>: Americans who held their hands over their ears while wanting to like Obama more than McCain, now hear echoes of Wright and Farrakhan in denunciations Cambridge cops protecting the property of a black man and apologies for imams that won;t denounce Hamas. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Swamp] <a href="http://www.swamppolitics.com/news/politics/blog/2010/08/obama_urges_senate_gop_to_end.html" rel="nofollow">Obama urges Senate GOP to end &#39;blockade&#39;: The Swamp</a>: JFK cuts the highest tax rates, economy and and gov't revenues grow, Reagan cuts the highest tax rates, economy and gov't revenues grow, and finally Bush43 cuts the highest tax rates, and the economy and gov't tax rates grow. Sadly, the CBO economists use a static scoring method and not a dynamic scoring method. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Liberty Pundits Blog] <a href="http://libertypundits.net/article/us-house-whip-up-report-83110-bashing-dems-because-its-fun/?utm_source=rss&utm_medium=rss&utm_campaign=us-house-whip-up-report-83110-bashing-dems-because-its-fun" rel="nofollow">US House Whip-Up Report, 8/31/10: Bashing dems because it&#39;s fun ...</a>: /* &#9;       All currently supported events:&#9;        * preData &#8221;&#148; fires just before we request for initial data&#9;        * preInit - fires after we get initial data but before we load any dependencies&#9;        * onInit  - fires when all dependencies are resolved but before dtpl template is rendered&#9;        * afterRender - fires when template is rendered but before we show it&#9;        * onReady - everything is done&#9;     */ </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[CNN Political Ticker] <a href="http://politicalticker.blogs.cnn.com/2010/08/28/rubio-republican-alternative-not-all-that-complicated/" rel="nofollow">CNN Political Ticker: All politics, all the time Blog Archive ...</a>: the Republicans inherited a surplus from Clinton, gave tax cuts to their rich cronies who sends the jobs to communist china, starts a fake war, ruin the economy with mind blowing deficit ,energize the fake grassroots tea-party  with fox news propaganda, America may just cross the rubicon by giving power back to this fake fiscal conservatives </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Home Aid Blog] <a href="http://home-aid-blog.info/qa/why-are-republicans-concerned-with-deficits-when-it-never-mattered-to-them-before/.html" rel="nofollow">Why are republicans concerned with deficits, when it never ...</a>: The most important part of their hypocrisy is that this deficit is not really even a defecit&#8221;&#166; it will create jobs and boost the economy&#8221;&#166; unlike the GOP tabs which all just went to the Iraq war and some already-rich people on Wall Street&#8221;&#166; .Obama's deficit totals more than total spending from George Washington through the administration of the guy you hate so much.  </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;obama gop blog </p>-->]]>
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<title>Wealthy lawmakers increased their riches as economy sputtered in ...</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/wealthy_lawmakers_increased_their_riches_as_economy_sputtered_in_-archive.html" />
<modified>2010-08-31T19:05:35Z</modified>
<issued>2010-08-31T19:05:35Z</issued>
<id>tag:www.econwatch.com,2010://34.47423</id>
<created>2010-08-31T19:05:35Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[Top News] Herb Kohl (D-Wis.) is certainly one of the wealthiest lawmakers on Capitol Hill. As owner of the NBA&amp;#146;s Milwaukee Bucks, Kohl has a $254 million asset on his hands, according to Forbes magazine....</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://thehill.com/homenews/senate/116489-wealthy-lawmakers-increased-their-riches-as-economy-sputtered-in-2009-">Top News</a>] <i>Herb Kohl (D-Wis.) is certainly one of the wealthiest lawmakers on Capitol Hill. As owner of the NBA&#146;s Milwaukee Bucks, Kohl has a $254 million asset on his hands, according to Forbes magazine.</i></p><!--Wealthy lawmakers increased their riches as economy sputtered in ...-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=kohl lawmakers milwaukee " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=kohl lawmakers milwaukee weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[www.offmyfrontporch.com] <a href="http://stevescomments.wordpress.com/2010/08/31/john-kerry-the-richest-legislator/" rel="nofollow">John Kerry, the Richest Legislator.. &#171; www.offmyfrontporch.com</a>: His minimum net worth was $188.6 million at the end of 2009, up by more  than $20 million from 2008, according to his financial disclosure form.While  the economy struggled through a recession during much of 2009 and the  nation&#146;s unemployment rate soared to 10 percent, the stock market  rebounded, helping lawmakers with large investments. The S&amp;P 500  rose by about 28 percent in 2009. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Top News] <a href="http://thehill.com/homenews/senate/116491-the-hills-50-wealthiest-list-slideshow" rel="nofollow">The Hill&#39;s 50 Wealthiest List - Slideshow - TheHill.com</a>: And not just because Obama over-read his mandate in governing too far left (job approval only 41%). But because a comeuppance is due the arrogant progressive elites whose undisguised contempt for the great unwashed prevents them from conceding a modicum of serious thought to those who dare oppose them.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[WISN.com - Most Popular Stories] <a href="http://www.wisn.com/money/24096750/detail.html" rel="nofollow">U.S. Export-Import Bank Reverses Bucyrus Decision - Project ...</a>: Kohl said the bank has agreed to approve the loan guarantees to Indian borrower Reliance Power Inc. The Democratic senator said the approval is contingent on Reliance moving ahead with renewable-energy projects that also could use U.S.-made equipment. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[WisPolitics DC Wrap] <a href="http://dc.wispolitics.com/2010/06/feingold-kohl-question-kagan.html" rel="nofollow">Feingold, Kohl question Kagan</a>: Kagan said her primary motivation is "the opportunity to safeguard the rule of law, whatever the issues that might come before the court." She cautioned that she could not come to the court, as a legislator might head to Washington, with an emphasis on the environment or the economy. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[TALKERS magazine] <a href="http://www.talkers.com/online/?p=6582" rel="nofollow">Talk Street backup II 8-19-10</a>: WTMJ, Milwaukee Talk Legend Jonathan Green to Retire at Year End. The host of Journal's WTMJ, Milwaukee's PM drive show, &#8220;The Green House,&#8221;&#157; tells his listeners he will retire from the station he's worked at for 41 years at the end of . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Milwaukee News Buzz] <a href="http://www.milwaukeenewsbuzz.com/?p=11609" rel="nofollow">Lawmakers do little for immigration despite dairyland dependence</a>: &#8220;I understand there can be some apprehension about foreign workers and guest worker programs, especially as we face job losses and high unemployment figures in the United States,&#8221;&#157; Kohl wrote. &#8220;But it is important to balance the need to provide farmers with access to the workers they need with the need to protect American jobs.&#8221;&#157; </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[OpenSecrets Blog] <a href="http://www.opensecrets.org/news/2009/11/congressmen-lose-big-bucks-in.html" rel="nofollow">Congressmen Lose Big Bucks in 2008, But Still Rank Among Nation&#39;s ...</a>: This is followed by recreational and live entertainment entities - powered almost entirely by Kohl's ownership of the Milwaukee Bucks basketball team -- securities and farming. But because members of Congress are only . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[War Is A Crime .org] <a href="http://www.afterdowningstreet.org/node/54179" rel="nofollow">Wisconsin groups want funding for Afghanistan war halted &#124; War Is ...</a>: They asked that lawmakers vote against a supplemental appropriations bill that would add billions of dollars for U.S. troops in Afghanistan. Jim Carpenter of the Progressive Democrats of America says paying for the war is hurting the ability to help the U.S. economy. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[WhyteWolf Technology] <a href="http://whytewolf.us/psychology-animals-swallowed-alive" rel="nofollow">Psychology of Animals Swallowed Alive</a>: I think that's proof positive of how Republicans view  their role here, and more -- another example of how they've stood on the sidelines and rooted for failure as opposed to actually getting involved to help move this economy forward . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Pro President Obama Blog] <a href="http://propresobama.org/2010/08/15/regulations-gov/" rel="nofollow">Regulations.gov &#171; Pro President Obama Blog</a>: Thwarting stiff opposition from Republicans in Congress, the Obama administration introduced an economic stimulus package of more than $780bn last year, adding to giveaways of $170bn by the Bush administration in 2008 that included tax refunds to tens of millions of Americans. Adding in banking-bailout measures of $600bn and smaller programmes such as the &#8220;cash for clunkers&#8221;&#157; scheme and a rescue of insurer AIG, total commitments by the US government reach $1.7tn. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Marketplace Today Blog] <a href="http://www.marketplacemagazine.com/blogs/blog1.php/2009/12/13/petri-one-of-three-lawmakers-who-own-hea" rel="nofollow">Petri one of three lawmakers who own health care stock</a>: Tammy Baldwin (D&#8211;Madison) &#8212; say they set up blind trusts for a good chunk of their investments to avoid conflicts of interest in their official capacities in Washington. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[FarmPolicy.com] <a href="http://www.farmpolicy.com/?p=2676" rel="nofollow">FarmPolicy.com &raquo; Blog Archives &raquo; Farm Bill; Trade; Competition ...</a>: Herb Kohl, D-Wis., started the criticism of the CME, saying the CFTC has reported that the volume of cheese traded on the CME generally represents less than 1 percent of all cheese produced in the U.S., but effectively sets the price for almost all milk and cheese in the country. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Marketplace of Ideas Blog] <a href="http://www.marketplacemagazine.com/blogs/blog2.php/2010/06/02/that-was-then-this-is-now" rel="nofollow">That was then, this is now</a>: Dave Obey (D-Wausau) is reported as seeking $213.3 million for 85 projects in his district. Herb Kohl is seeking $345.3 million for an undisclosed number of projects.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[AFL-CIO NOW BLOG] <a href="http://blog.aflcio.org/2009/04/03/from-the-field-the-battles-just-beginning/" rel="nofollow">From the Field: The Battle&#39;s Just Beginning</a>: In Wisconsin, the Milwaukee Area Labor Council organized a &#8220;Bucks Fans for the Employee Free Choice Act&#8221;&#157; day, creating a banner covered in signatures for delivery to Sen. Herb Kohl, who has not yet signed on as a co-sponsor of the bill . </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;kohl lawmakers milwaukee </p>-->]]>
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<title>President Obama, Mayor Bloomberg Talking Economy On The Links ...</title>
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<modified>2010-08-28T17:06:47Z</modified>
<issued>2010-08-28T17:06:47Z</issued>
<id>tag:www.econwatch.com,2010://34.47349</id>
<created>2010-08-28T17:06:47Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[The Daily Politics] Update 2: &quot;The President and Mayor Bloomberg took the opportunity to discuss plans for short- and long-term economic growth at a pivotal point in our recovery,&quot; said White house spokesman Reid Cherlin. Potus invited the Mayor about...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://www.nydailynews.com/blogs/dailypolitics/2010/08/president-obama-mayor-bloomber.html">The Daily Politics</a>] <i>Update 2: "The President and Mayor Bloomberg took the opportunity to discuss plans for short- and long-term economic growth at a pivotal point in our recovery," said White house spokesman Reid Cherlin. Potus invited the Mayor about a week ago. </i></p><!--President Obama, Mayor Bloomberg Talking Economy On The Links ...-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=bloomberg mayor reid " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=bloomberg mayor reid weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Political Punch] <a href="http://blogs.abcnews.com/politicalpunch/2010/08/president-mayor-bloomberg-discuss-economy-for-15-minutes-in-golf-clubhouse-before-hitting-links.html" rel="nofollow">President, Mayor Bloomberg, Discuss Economy for 15 Minutes in Golf ...</a>: White House spokesman Reid Cherlin said: &quot;the President and Mayor Bloomberg took the opportunity to discuss plans for short- and long-term economic growth at a pivotal point in our recovery.&quot; </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Gateway Pundit] <a href="http://gatewaypundit.firstthings.com/2010/08/obama-bloomberg-discuss-wrecked-economy-over-round-of-golf/" rel="nofollow">Obama &amp; Bloomberg Discuss Wrecked Economy&#8221;&#166; Over Round ...</a>: Update from the White House pool reporter: &#8220;Potus is golfing with Mayor Bloomberg today, and they prefaced their game with a 15-minute discussion of the economy in the clubhouse at the Vineyard Golf Club. Seeking more details.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Staten Island Real-Time News] <a href="http://www.silive.com/news/index.ssf/2010/08/obama_invites_mayor_bloomberg.html" rel="nofollow">Obama invites Mayor Bloomberg to join golf foursome &#124; SILive.com</a>: NEW YORK -- New York Mayor Michael Bloomberg stole away to Martha's Vineyard to play golf with the president. A Bloomberg spokesman said the billionaire mayor was invited to join President Barack Obama and talk about the economy.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Stock Market News] <a href="http://www.bestgrowthstock.com/stock-market-news/2010/08/27/obama-taps-bloomberg-for-views-on-economy-during-holiday-golf/" rel="nofollow">Obama taps Bloomberg for views on economy during holiday golf ...</a>:  EDGARTOWN, Mass., Aug 27 (Reuters) - President BarackObama, anxious to show he is still focused on the battered U.S.economy despite being on vacation, took time out of his golfgame on Friday to chat about the growth situation with New YorkMayor Michael Bloomberg before they hit the course. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Conservative American News] <a href="http://conservativeamericannews.com/free-republic/bloomberg-obama-talk-economics-on-the-golf-course" rel="nofollow">Bloomberg, Obama Talk Economics on the Golf Course &#124; Conservative ...</a>: pMayor Michael Bloomberg traveled to Martha&#x92;s Vineyard Friday to talk with President Barack Obama about the economy and play golf, officials from the White House and City Hall said. &#x93;The president and Mayor Bloomberg took the opportunity to discuss plans for short- and long-term economic growth at a pivotal point in our recovery,&#x94;  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[BuzzG.com] <a href="http://buzzg.com/world/new-york-mayor-plays-golf-with-holidaying-obama.html" rel="nofollow">New York mayor plays golf with holidaying Obama &#124; BuzzG.com</a>: &#8216;The president and Mayor Bloomberg took the opportunity to discuss plans for short- and long-term economic growth at a pivotal point in our recovery,&#8217; said Reid Cherlin. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Economy and Business News Watch] <a href="http://ecobizwatch.com/read/obama-taps-bloomberg-for-views-on-manage-to-buy-during-legal-holiday-golf" rel="nofollow">Obama taps Bloomberg for views on manage to buy during legal ...</a>: Polls uncover electorate concerned about jobs and growth, definition potentially unpleasant waste could be in store for Obama&#39;s Democrats in congressional midterm elections on Nov 2. All 435 seats in the U.S. House of Representatives and 37 of the 100 Senate seats are up for grabs in those elections. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[New Media Blog] <a href="http://www.newmediablog.com/2010/08/president-obama-works-on-economy-golf-game-during-vacation/" rel="nofollow">President Obama works on economy, golf game during vacation &#171; New ...</a>: &#8220;The president and Mayor Bloomberg took the opportunity to discuss plans for short' and long'term economic growth at a pivotal point in our recovery,&#8221;&#157; said White House spokesguy Reid Cherlin. And what a perfect place to have that convo!  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Economy and Business News Watch] <a href="http://ecobizwatch.com/read/vacationing-obama-cant-shun-economy" rel="nofollow">Vacationing Obama can&#39;t shun economy - Business News</a>: Bloomberg supports the mosque and Obama has pronounced he believes Muslims have the right to set up it, yet he has pointedly pronounced he was not commenting on the knowledge of that decision. Critics say the site is too tighten to the budding aim of the Sept.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[National &#124; WISH TV] <a href="http://www.wishtv.com/dpps/news/politics/whitehouse/vacationing-obama-cant-escape-economy-nt10-jgr_3564324" rel="nofollow">Vacationing Obama can&#39;t escape economy</a>: And before his latest round of Martha's Vineyard golf Friday, he met for about 15 minutes in the clubhouse with New York Mayor Michael Bloomberg to discuss the economy. White House spokesman Reid Cherlin said the conversation was not . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[CNN Political Ticker] <a href="http://politicalticker.blogs.cnn.com/2010/08/27/political-hot-topics-friday-august-27-2010/" rel="nofollow">CNN Political Ticker: All politics, all the time Blog Archive ...</a>: New York City Mayor Michael Bloomberg (I) is set to host a fundraiser for Senate Majority Leader Harry Reid (D-Nev.) in September. Bloomberg and Reid are a bit of an odd pair, given that Reid recently broke with President Obama on his support for a planned Islamic center and mosque near Ground Zero in New York.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[BizzyBlog] <a href="http://www.bizzyblog.com/2010/08/28/aps-econ-coverage-continues-singular-focus-on-bernanke-non-naming-of-others-in-govt/" rel="nofollow">AP&#39;s Econ Coverage Continues Singular Focus on Bernanke - BizzyBlog</a>: Obama, Geithner, Summers, anyone else in the White House, Pelosi, Reid, or anyone else in Congress&#8217;s Democratic majority? Even though they are collectively responsible for fiscal policy, taxes, spending, regulation and oversight, we&#8217;re apparently supposed to believe that they&#8217;re all just spectators now, and that they&#8217;re as powerless as you or I to influence growth or employment. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[City Room] <a href="http://cityroom.blogs.nytimes.com/2010/08/18/the-mayor-the-mosque-and-public-response/" rel="nofollow">The Mayor, the Mosque and Public Response - City Room Blog ...</a>: The issue is that Muslims in the United States are not strongly and forthrightly and persistently explaining who they are, what they believe, what they do not believe, whether their religion requires that they wage jihad against infidels, and what their views are about the anti-Americanism of the Islamic world. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Re/Creating Tampa] <a href="http://www.recreatingtampa.com/2010/08/27/across-the-tampa-blogosphere-august-27-2010/" rel="nofollow">Across the Tampa Blogosphere &amp;#8211; August 27, 2010 &#171; Re/Creating ...</a>: The Truth-o-Meter says: True &#124; Mayor Michael Bloomberg argues against "no-mosque zone"; says there's already a mosque four blocks from Ground Zero In the debate over the inaccurately named "Ground Zero Mosque," New York Mayor Michael ... It might be expensive, he said, but not as expensive as President Barack Obama's economic stimulus. Citing data from   Harry Reid: On birthright citizenship for illegal immigrants. August 25, 2010. The Truth-o-Meter says: Full Flop ... </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Balloon Juice] <a href="http://www.balloon-juice.com/2010/08/16/reid-coward-and-fool/" rel="nofollow">Balloon Juice &raquo; Blog Archive &raquo; Reid, Coward and Fool</a>: No, the Republican Party will not win back the Senate, they will not win the House, and it will not be a bloodbath of the Democratic Party as so many make it out to believe. Sure, it&#8217;s possible she could beat Harry Reid, but let&#8217;s not kid ourselves&#8212;Reid most likely is going to pull this thing out because the only candidate more self-destructive than Sharron Angle is Rand Paul, who I am also on record of predicting will go down to my man, Jack Conway. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Jihad Watch] <a href="http://www.jihadwatch.org/2010/08/harry-reid-abandons-obama-says-build-the-islamic-supremacist-mega-mosque-somewhere-other-than-ground.html" rel="nofollow">Harry Reid abandons Obama, says build the Islamic supremacist mega ...</a>: Mayor Bloomberg ihas learned all that he thinks he needs to learn about the intentions of the mosque proponents from his repeated conversations with that master of sly ingratiation and deep feigned sincerity, Feisal Abdul Rauf, and his "charming" wife -- god, the charm is so transpartent, and fulsome, that someone more aware of people than Mayor Bloomberg would see through them in a minute (think Mr. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[FaithWorld] <a href="http://blogs.reuters.com/faithworld/2010/08/14/did-bloomberg-inspire-obamas-speech-about-nyc-muslim-cultural-centre/" rel="nofollow">Did Bloomberg inspire Obama&#39;s speech about NYC Muslim cultural ...</a>: Obama and eric holder seek to weaken and destroy the nation known as the USA, that nation and government that existed before obama was elected on lies of hope and change&#8230;we know the truth now.Are they going to be finishing us off as a viable Nation soon  ? Thank you Democrat Party&#8230;Now Obama has czars in the White House who are not even interviewed by the US Congress to see if they are qualified or a national security threat.my bet is that it&#8217;s the latter.Obama and his staff ( Atty Gen Holder ) have shown us they hold no Love for America and intend to knock us down&#8230;God help us if we cannot get this nightmare over soon . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Swampland] <a href="http://swampland.blogs.time.com/2010/08/26/1000-words-par-for-the-course/" rel="nofollow">1000 Words: Par For The Course - Swampland - TIME.com</a>: To impress the President and honor the upcoming MLK &#8220;I Have a Dream&#8221;&#157; speech celebration, the WH Press Corps&#226;&#153; tries to run through the woods to the Gettysburg memorial gravesite like the HS football team did in Remember the Titans (good movie). Alas, the reporters learned the hard way NOT to eat a waffle-laden AF1 breakfast with lots of mimosas first.  </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;bloomberg mayor reid </p>-->]]>
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<title>U.S. Births Decline; Economy to Blame?</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/us_births_decline_economy_to_blame-archive.html" />
<modified>2010-08-28T17:05:18Z</modified>
<issued>2010-08-28T17:05:18Z</issued>
<id>tag:www.econwatch.com,2010://34.47348</id>
<created>2010-08-28T17:05:18Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[WebMD Health] 27, 2010 -- The number of babies born in the United States declined an estimated 2.6% in 2009 compared to the previous year, the CDC says. And it may be the result of the downturn in the economy....</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://www.webmd.com/baby/news/20100827/us-births-decline-is-economy-to-blame?src=RSS_PUBLIC">WebMD Health</a>] <i>27, 2010 -- The number of babies born in the United States declined an estimated 2.6% in 2009 compared to the previous year, the CDC says. And it may be the result of the downturn in the economy.</i></p><!--U.S. Births Decline; Economy to Blame?-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=births cdc babies " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=births cdc babies weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[health] <a href="http://www.washingtonexaminer.com/lifestyle/health/baby-bust-us-birth-rate-hits-historic-low-in-2009-drops-a-second-year-since-recession-began-101705898.html" rel="nofollow">Baby bust: US birth rate hits historic low in 2009, drops a second ...</a>: Here's the latest economic indicator: The US birth rate has fallen to its lowest level in at least a century as many people apparently decided they couldn't afford more mouths to feed. The birth rate dipped below 20 per 1000 people in 1932 and did not rise above that level until the early 1940s.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[ONTD_Political] <a href="http://ontd_political.livejournal.com/6855533.html" rel="nofollow">ontd_political: U.S. Birthrate hits record low</a>: A preliminary analysis of births in 2008 found that birth rates dropped for women under 40, but  rose for women over 40. The CDC said in a statement, "That may turn out to be the case in 2009 as well, but we won't know until more data . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Business] <a href="http://hamptonroads.com/2010/08/va-us-birthrates-downsized-along-economy" rel="nofollow">Va., U.S. birthrates downsized along with economy &#124; HamptonRoads ...</a>: Over the next two years, births .If the economy was the driver, a CDC demographer said, you might see fewer births from: Hispanic woman (because immigrants are less apt to move to a struggling America), women younger than 40 (because they can wait), and women with . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Science News Daily] <a href="http://www.sciencenewsdaily.org/business-news/cluster60467234/" rel="nofollow">Science News Daily &#124;&#124; Recession may have pushed US birth rate to ...</a>: Health officials said Friday that the economy may be causing some women to think twice about having children as the birth rate in 2009 declined for the second year in a row.The Centers for Disease Control and Prevention (CDC) estimates that 4,136,000 children were born in 2009, which was down 2.6 percent from the 2008 estimate. That followed a similar decline in 2008, which was the beginning of the economic downturn.&#160; The CDC said the 2009 numbers are preliminary and could change. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[About.com Pregnancy & Childbirth] <a href="http://pregnancy.about.com/b/2010/08/27/fewer-babies-being-born.htm" rel="nofollow">Fewer Babies Being Born</a>: The Centers for Disease Control and Prevention (CDC) is reporting that the provisional birth data for 2009 shows a 2.6% decrease in the number of births. &#160;They are estimating that 4,136,000 births occurs in 2009 compared to 4,247,000 births in 2008.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[TodayNewsMatic.com Feed] <a href="http://www.todaynewsmatic.com/section/health/recession-may-have-pushed-us-birth-rate-to-new-low246.html" rel="nofollow">Recession may have pushed US birth rate to new low ...</a>: Cherlin said the U.S. birth rate "is still higher than the birth rate in many wealthy countries and we also have many immigrants entering the country. So we do not need to be worried yet about a birth dearth" that would crimp the nation's ability to take care of its growing elderly population. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Hour Headlines] <a href="http://www.thehour.com/story/490825" rel="nofollow">Officials link birth rate decline to &#39;Great Recession&#39; - Norwalk ...</a>: "Our birth rate is still higher than the birth rate in many wealthy countries and we also have many immigrants entering the country. So we do not need to be worried yet about a birth dearth" that would crimp the nation's ability to take care of its growing elderly population, Cherlin said. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[KIWI 24x7] <a href="http://kiwi247.com/lifestyle/health/u-s-births-decline-economy-to-blame" rel="nofollow">U.S. Births Decline; Economy to Blame? &#124; New Zealand News ...</a>: The number of babies born in the United States declined an estimated 2.6% in 2009 compared to the previous year, possibly a result of the downturn in the economy, the CDC says. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Perfume news and blogs by My DNA Fragrance] <a href="http://perfume.mydnafragrance.com/us-births-decline-economy-to-blame-webmd-2/" rel="nofollow">US Births Decline; Economy to Blame? - WebMD &#124; Perfume news and ...</a>: 27, 2010 &#8221;&#148; The number of babies born in the United States declined an estimated 2.6% in 2009 compared to the previous year, the CDC says. And it may be the result of the downturn in the . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[1Autolatry] <a href="http://1autolatry.wordpress.com/2010/08/28/recession-may-have-pushed-us-birth-rate-to-new-low/" rel="nofollow">Recession may have pushed US birth rate to new low &#171; 1Autolatry</a>: The situation is a striking turnabout from 2007, when more babies were born in the United States than any other year in the nation's history. The recession began that fall, dragging down stocks, jobs and births.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Activist Post] <a href="http://www.activistpost.com/2010/08/recession-may-have-pushed-us-birth-rate.html" rel="nofollow">Activist Post: Recession may have pushed US birth rate to new low</a>: "There is quite possibly a connection between the decline in births and the economic downturn," says the federal Centers for Disease Control and Prevention, which includes the health statistics center. "More details on the demographics of mothers who gave birth in 2009 are needed to more strongly make this connection." </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The American Dream] <a href="http://endoftheamericandream.com/archives/50-random-questions" rel="nofollow">50 Random Questions</a>: 21 - According to the CDC, approximately three quarters of a million people a year are rushed to emergency rooms in the United States because of adverse reactions to pharmaceutical drugs. Why is this not talked about more?  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Marquette University Law School Faculty Blog] <a href="http://law.marquette.edu/facultyblog/2010/08/21/we-have-met-the-other-and-he-is-us-law-professors/" rel="nofollow">We Have Met the Other and He Is Us (Law Professors) : Marquette ...</a>: Of the 4,000 people who &#8220;avoided deportation by way of an anchor baby&#8221;, these people likely sought non-LPR cancellation of removal during their deportation proceedings. If the subject of the proceedings is not a LPR, they must show an &#8220;exceptional and extremely unusual hardship&#8221;  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Saynsumthn's Blog] <a href="http://saynsumthn.wordpress.com/2010/08/26/clergy-once-again-used-to-push-eugenics-and-black-genocide/" rel="nofollow">Clergy once again used to push eugenics and black genocide ...</a>: In addition, Planned Parenthood&#8217;s top award is called the Margaret Sanger Award, despite the fact that Sanger was an admitted Klan speaker. This is what Sanger wrote in her autobiography, &#8220;I accepted an invitation to talk to the women&#8217;s branch of the Ku Klux Klan&#8230;I saw through the door dim figures parading with banners and illuminated crosses&#8230;I was escorted to the platform, was introduced, and began to speak&#8230;In the end, through simple illustrations I believed I had accomplished my purpose. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Fluoridation Queensland] <a href="http://fluoridationqueensland.com/blog/2010/05/15/babies-vulnerable-victims/" rel="nofollow">Babies Are Vulnerable Innocent Victims @ Fluoridation Queensland</a>: Unless one is prepared to say (like the Chief Health Officer in Victoria, Australia) that nature screwed up on these matters, it is abundantly clear that a new born baby does not NEED fluoride, and it is quite likely that such levels could be dangerous at these very early days in its life. One of the reasons that Nobel Laureate Arvid Carlsson gave for opposing fluoridation in Sweden in the 1970&#146;s was his concern with what such excessive levels would do to the baby&#146;s developing brain. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[ZoSoTruthTalk's Blog] <a href="http://zosotruthtalk.wordpress.com/2010/08/27/general-health-issues/" rel="nofollow">General Health Issues &#171; ZoSoTruthTalk&#39;s Blog</a>: Fox were popular in the Eighties On days when women are not fertile, their tastes swing towards more feminine, boyish faces and more caring personalities, researchers have shown. However, if women are taking the Pill they no longer have fertile days.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Green Building Blog] <a href="http://www.greenbuildingadvisor.com/blogs/dept/green-building-blog/redeveloping-our-neighborhoods-goodbye-suburbs-hello-newurbs" rel="nofollow">Redeveloping Our Neighborhoods: Goodbye Suburbs, Hello NewUrbs ...</a>: She said that while people accept that downtowns should be more dynamic, society thinks that suburbs should be frozen in some adolescent form that they were first given birth to. But, it is time to let the suburbs "grow up."  So, the challenge to the audience is: support the zoning changes, the road diets, the infrastructure improvements, and the retrofits coming to a neighborhood near you. </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;births cdc babies </p>-->]]>
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<title><![CDATA[Commentary &raquo; Blog Archive &raquo; Obama&#39;s Economy]]></title>
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<modified>2010-08-27T14:37:19Z</modified>
<issued>2010-08-27T14:37:19Z</issued>
<id>tag:www.econwatch.com,2010://34.47302</id>
<created>2010-08-27T14:37:19Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[Commentary] The Dow Jones Industrial Average stumbled back below 10000 on Thursday, an unwelcome milestone as worries about the U.S. economy increase. The blue-chip index erased early gains to finish down 74.25 points, or 0.74%, at 9985.81....</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://www.commentarymagazine.com/blogs/index.php/rubin/348511">Commentary</a>] <i>The Dow Jones Industrial Average stumbled back below 10000 on Thursday, an unwelcome milestone as worries about the U.S. economy increase. The blue-chip index erased early gains to finish down 74.25 points, or 0.74%, at 9985.81. </i></p><!--Commentary &raquo; Blog Archive &raquo; Obama&#39;s Economy-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=blog dow jones " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=blog dow jones weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Mylant's Money Blog] <a href="http://mylantsmoneyblog.typepad.com/mylants-money-blog/2010/08/dow-jones-industrials-daily-trade-signals.html" rel="nofollow">Dow Jones Industrials Daily Trade Signals - Mylant&#39;s Money Blog</a>: We continue now in the same steady downward pattern we have been in for days. It appears the top of the middle Bollinger Bands are now the resistance point.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Economy Blog] <a href="http://www.economylifes.com/?p=143" rel="nofollow">Economy Blog &raquo; Dow below 10000 -point mark dragged down by ...</a>: Guess fell 4.09 U.S. dollars to 34.14 U.S. dollars , down 11% ; the company&#8217;s second- quarter profit increase of 12% , but only confirmed the expected performance of the current fiscal year , which disappointed the market . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Notayesmanseconomics's Blog] <a href="http://notayesmanseconomics.wordpress.com/2010/08/27/uk-economic-growth-figures-surprise-upwards-but-also-show-rising-inflation-whilst-we-wait-to-see-how-much-the-us-figures-are-revised-downwards/" rel="nofollow">UK economic growth figures surprise upwards but also show rising ...</a>: However after an attempted rally the Dow Jones industrial Average closed down some 74 points at 9985 and so&#160;it even fell below the psychologically important ten thousand level. This does I suppose at least correlate with the day before when it rose on bad figures but still shows the unpredictability of markets in the short-term!  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Today's economy blog] <a href="http://blogs.sunlife.ca/todayseconomy/2010/08/todays-economy-media-pack-%E2%80%93-2010-08-27/" rel="nofollow">Today&#39;s economy media pack - 2010.08.27 &#124; Today&#39;s economy blog</a>: &#8220;Indeed, while the Dow Jones Industrial Average has fallen 6% since Aug. 10, the day the U.S. Federal Reserve downgraded its outlook on the economy south of the border, the Smart Money Flow index, which calculates the performance of the . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Kitsap Business and Economy] <a href="http://pugetsoundblogs.com/kitsapbusiness/2010/08/26/thursday-stocks-mixed/" rel="nofollow">Kitsap Business and Economy &raquo; Blog Archive &raquo; Thursday stocks mixed</a>: NEW YORK (AP) &#8221;&#148; Major stock indexes turned mixed Thursday as a drop in new claims for unemployment benefits wasn&#146;t enough to resolve worries about the economy. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Brian Plain's blog] <a href="http://brianplain.typepad.com/blog/2010/08/chances-of-a-double-dip-recession-increase-dramatically-in-the-united-states-economy.html" rel="nofollow">Chances of a Double-Dip Recession Increase Dramatically in the ...</a>: Chances of a Double-Dip Recession Increase Dramatically &nbsp;Upgraded Double Dip Recession Probability in the United States Probability of a US &nbsp;Double Increase 15% to 35%. "Dow Jones" Market Index Commentary, Trends, Charts, Analysis, Technical Analysis, Trend Analysis going back to 1987 stock market trends. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[JDFP Blog] <a href="http://jdfp.com.au/JDFP/2010/08/1350/" rel="nofollow">JDFP Blog &raquo; Blog Archive &raquo; A double dip recession, fear and ...</a>: Well the Dow Jones closed this morning below 10,000 and for those financial writers who focus more on grabbing reader&#146;s attention rather than on facts, that can only mean one thing: the U.S economy is heading for a double dip recession! Of course the fact that the U.S economy is actually expanding, as are other major economies like China, Japan and Germany, appears irrelevant to many market commentators who seem intent on making investors fear that another economic crisis is at hand. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Notayesmanseconomics's Blog] <a href="http://notayesmanseconomics.wordpress.com/2010/08/26/the-us-housing-market-and-economy-decline-whilst-greece-and-irelands-woes-continue/" rel="nofollow">The US housing market and economy decline whilst Greece and ...</a>: Either way even the Nikkei 225 which has been the worst performer recently of the main stock markets managed a 61 point rally to 8906 and European markets are following suit this morning too. Even the situation concerning the Yen has died down a little in the short-term with it retracing its steps to 107.7 against the Euro and 84.73 against the US dollar with fortunately (please see my updates on this subject over the past two days) no sign of&#160; exchange-rate intervention from the Bank of Japan. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Shareswatch Australia Blog] <a href="http://www.shareswatch.com.au/blog/economy/a-double-dip-recession-fear-and-keeping-an-open-mind/?utm_source=rss&utm_medium=rss&utm_campaign=a-double-dip-recession-fear-and-keeping-an-open-mind" rel="nofollow">A double dip recession, fear and keeping an open mind ...</a>: Well the Dow Jones closed this morning below 10000 and for those financial writers who focus more on grabbing reader's attention rather than on facts, that can only mean one thing: the U.S economy is heading for a double dip recession!  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Market Update Blog RSS &#124; MoneyWatch] <a href="http://moneywatch.bnet.com/economic-news/blog/market-update/market-note-dow-under-10000-on-growth-concerns/150/" rel="nofollow">Market Note: Dow Under 10000 On Growth Concerns - CBS MoneyWatch.com</a>: After the GDP report, all eyes will be focused on Federal Reserve Chairman Ben Bernanke, who will deliver a speech at the Kansas City Fed&#8217;s annual symposium in Jackson Hole, WY. Investors will cling to any hint of new language or potential policy responses to the US economy&#8217;s sluggish performance. </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;blog dow jones </p>-->]]>
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<title>China Economy Hotel Chain Home Inns Sees Brisk Expansion - Russell ...</title>
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<modified>2010-08-27T14:36:23Z</modified>
<issued>2010-08-27T14:36:23Z</issued>
<id>tag:www.econwatch.com,2010://34.47301</id>
<created>2010-08-27T14:36:23Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[China Wealth] Homes Inns, an economy-hotel chain that&amp;#039;s been a big beneficiary of China&amp;#039;s travel industry boom, expects to keep up its rapid expansion in the next few years, CEO David Sun&amp;#160;told reporters. Since 2004, the Shanghai-based company has increased...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://blogs.forbes.com/russellflannery/2010/08/27/china-economy-hotel-chain-home-inns-sees-brisk-expansion/">China Wealth</a>] <i>Homes Inns, an economy-hotel chain that&#039;s been a big beneficiary of China&#039;s travel industry boom, expects to keep up its rapid expansion in the next few years, CEO David Sun&#160;told reporters. Since 2004, the Shanghai-based company has increased the number of hotels in its chain&#160;from 20 to 700. </i></p><!--China Economy Hotel Chain Home Inns Sees Brisk Expansion - Russell ...-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=inns economy-hotel sun&#160;told " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=inns economy-hotel sun&#160;told weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[ChinaClip] <a href="http://www.chinaclip.com/china-economy-hotel-chain-home-inns-sees-brisk-expansion-russell" rel="nofollow">ChinaClip - China Economy Hotel Chain Home Inns Sees Brisk ...</a>: Homes Inns, an economy-hotel sequence that&#8217;s been a large customer of China&#8217;s transport attention boom, expects to keep up a fast enlargement in a subsequent couple of years, CEO David Sun told reporters. Since 2004, a Shanghai-based association has &#8230; </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[rickyleepotts...an opinionated realist] <a href="http://blog.rickyleepotts.com/2010/08/a-long-term-stay-hotel-by-the-marriott.html" rel="nofollow">A Long Term Stay Hotel by the Marriott &#124; rickyleepotts...an ...</a>: The beauty of the Marriott Rewards program is that nearly all Marriott hotels participate in this program allowing you to earn points all over the world. As a matter of fact, this program is so widely accepted that in 2009 the Marriott Rewards Program was rated as the number one hotel rewards program on the market.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Will Our Holiday] <a href="http://www.lufthi.com/2010/08/content-removed-articlesnatch-com-2/" rel="nofollow">Content Removed - ArticleSnatch.com : : Will Our Holiday</a>: Louis in Missouri is visit the Missouri History Museum for farthermost merry and learning. There is a great arctic shop at the Missouri History Museum where you can buy special cultivated presents for your loved ones as a souvenir from St. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Lake Tahoe News] <a href="http://www.laketahoenews.net/2010/08/eco-capitalism-pays-off-tahoe-hosts-green-lodging-conference/" rel="nofollow">Green lodging conference embraces eco-capitalism &#124; Lake Tahoe News</a>: Conference speakers, including Hansen and chamber President B Gorman, will address why and how to go green and the benefits it affords the individual property and its community. Participants will also have the opportunity to take a &#8220;back-of-the-house&#8221;&#157; tour of Embassy Suites&#146; Green Program in action. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Hotelier Online] <a href="http://hotelier.typepad.com/hotelier/2010/08/travel-sites-thriving-as-consumers-hunt-down-bargains.html" rel="nofollow">Travel sites thriving as consumers hunt down bargains - Hotelier.com</a>: Expedia Chief Executive Dara Khosrowshahi told analysts July 29 that airfares rose "sharply" last quarter. Hotel chains don't have that option, as development projects initiated in previous years are just now being opened and add to the supply of rooms.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Spanish Property News] <a href="http://news.kyero.com/2010/08/19/travel-operators-feeling-the-pinch-in-bookings-slump/" rel="nofollow">Travel Operators Feeling the Pinch in Bookings Slump &#124; Spanish ...</a>: The annual Anglo-German race to be first to the coveted Mediterranean sun lounger with the beach towel looks set to be resoundingly won by Teutonic tourists. This, they told investors, might suggest the weakness in demand was an aberration.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[South Fashion Place] <a href="http://www.teacheync.com/2010/08/content-removed-articlesnatch-com/" rel="nofollow">Content Removed - ArticleSnatch.com &#171; South Fashion Place</a>: Fierce accessible competition has made it imperative for websites about to happen otherwise, to stand old-fashioned with Internet promotional techniques that grab viewers effortlessly. Flash is a senior multimedia tool and a facet of Macromedia,... </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Knowledge@Wharton] <a href="http://www.knowledgeatwharton.com.cn/index.cfm?fa=viewfeature&articleid=1621&languageid=1" rel="nofollow">China&#39;s Economy Hotel Business: Is It Too Hot? - Knowledge@Wharton</a>: Less than two months later, Jin Jiang International (Group) Co., the Shanghai-based corporation focused on travel business in China, followed suit in Shanghai and Hong Kong, announcing that the major part of its financing would be used for the expansion of its economy hotel subsidiary Jin Jiang Inns.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Political Punch] <a href="http://blogs.abcnews.com/politicalpunch/2010/07/first-lady-says-americans-should-vacation-on-the-gulf-coast-to-help-local-economy.html" rel="nofollow">First Lady Encourages Americans to Vacation on Gulf - But Obamas ...</a>: and if the First Lady is telling the American people to take their vacations to the Gulf, then why not follow your own words....show your people that you care enough to go and have your vaction in the Gulf!!! </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[China Stock Market Blog] <a href="http://www.chinastockmarketblog.com/Chinastocksblog/%E8%82%A1%E5%B8%82/china-economy-hotel-chain-home-inns-sees-brisk-expansion-russell/" rel="nofollow">China Stock Market Blog &raquo; China Economy Hotel Chain Home Inns Sees ...</a>: &#9;&#9;&#9;&#9;Homes Inns, an economy-hotel chain that's been a big beneficiary of China's travel industry boom, expects to keep up its rapid expansion in the next few years, CEO David Sun told reporters. Since 2004, the Shanghai-based company has . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Kruspe's Blog] <a href="http://www.szcldl.com/2010/08/25/content-removed-articlesnatch-com-3/" rel="nofollow">Content Removed - ArticleSnatch.com : Kruspe&#39;s Blog</a>: Louis in Missouri is visit the Missouri History Museum for farthermost merry and learning. There is a great arctic shop at the Missouri History Museum where you can buy special cultivated presents for your loved ones as a souvenir from St. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[TravelPod.com TravelStream&#226;&#153; &#8221;&#148; Recent Entries at TravelPod.com] <a href="http://www.travelpod.com/travel-blog-entries/wanderwoman2010/1/1282167315/tpod.html" rel="nofollow">Transylvanian Myths and Realities - Brasov, Romania Travel Blog</a>: I raved about the beauty of the countryside, the history, the castles, anything positive I could think of having just arrived, but he did not relent, speaking quite eloquently but hopelessly.&nbsp; So at this point, tired and expecting the worst, I was ready to grab that flight to Barcelona and find a beach.&nbsp;  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Keeping it Real...] <a href="http://harveyoberfeld.ca/blog/hst-lawsuit-business-message-is-quite-disturbing/" rel="nofollow">HST Lawsuit: Business Message is Quite Disturbing &#124; Keeping it Real...</a>: (Response: This is exactly the type of thing I was referring to im my blog &#8230;where people get caught up in all kinds of debate about symantics, whether the &#8220;t&#8221;s are crossed or what&#8217;s the proper name for a tax &#8230;  &#8230;while the real issues go unaddressed.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Mumbai Ready Reckoner] <a href="http://indiareckoner.net/mumbaireadyreckoner/blog/2010/07/30/budget-hotels-mumbai/" rel="nofollow">Budget Hotels Mumbai &#124; Mumbai Ready Reckoner</a>: residencyhotel@vsnl.com) 26 Rustom Sidhwa MargSt, corner of D Naoroji Rd, is a nice, well-maintained place with standard, very clean, comfortable rooms with TV for Rs 1700; deluxe rooms Rs 2000 . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Lynn Sweet] <a href="http://blogs.suntimes.com/sweet/2010/08/michelle_obamas_spain_trip_the.html" rel="nofollow">Michelle Obama&#39;s Spain trip: The inside story why she went - Lynn ...</a>: Hmmm, having read this article defending Mrs Obama's trip to Spain to "comfort" an old friend who had lost her father...when my husband passed away my friends helped provide a dinner (chicken and cold cuts) for those who attended the Memorial service and checked on me for weeks after wards bringing homemade dishes by for me at times, and they included me in the goings on in their lives that they thought I would be comfortable attending. I did take a trip a year later to attend a granddaughters wedding but gee, not to Spain...to NC...ON MY DIME! </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p> <a href="http://www.free-conversant.com/crustycassette/news/2010/08/17" rel="nofollow">Crusty Cassette</a>: Owned by Harrison native Russ Wilber, the B&B caters primarily to cyclists who pedal in on the bike path or drive in and use Harrison as a base. Other guests at the four bedroom house included a three generation family that visits every summer and Bruce & Sue from Helena, Montana who are warming up their new Co-Motion tandem for a world-wide tour.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Advice Goddess Blog] <a href="http://www.advicegoddess.com/archives/2010/08/10/the_reign_in_sp.html" rel="nofollow">The Reign In Spain - Advice Goddess Blog</a>: I've been trying to care about this topic, and to write about disillusionment with Obama and with Bush and with every other President I've voted for over time, and it all boils down to the fact that they all spend too much money and take too many vacations while the rest of the nation goes down the drain blahblahblah... </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;inns economy-hotel sun&#160;told </p>-->]]>
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<title>Fixing the economy would break the law, thanks to Harriet Harman ...</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/fixing_the_economy_would_break_the_law_thanks_to_harriet_harman_-archive.html" />
<modified>2010-08-25T19:07:22Z</modified>
<issued>2010-08-25T19:07:22Z</issued>
<id>tag:www.econwatch.com,2010://34.47242</id>
<created>2010-08-25T19:07:22Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[News] The major proponents of this theory are taxpayer-funded bodies like the Equality and Human Rights Commission, which needs to justify its &amp;#163;53m annual cost to their taxpayer by sniffing out inequality. Incidentally the EHRC employs a disproportionately low level...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://blogs.telegraph.co.uk/news/edwest/100051507/fixing-the-economy-would-break-the-law-thanks-to-harriet-harman/">News</a>] <i>The major proponents of this theory are taxpayer-funded bodies like the Equality and Human Rights Commission, which needs to justify its &#163;53m annual cost to their taxpayer by sniffing out inequality. Incidentally the EHRC employs a disproportionately low level of whites, men and Christians compared to the general population, so by abolishing it the Government would be discriminating against women and minorities.</i></p><!--Fixing the economy would break the law, thanks to Harriet Harman ...-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=incidentally disproportionately equality " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=incidentally disproportionately equality weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[politicalbetting.com] <a href="http://politicalbetting.com/index.php/archives/2010/08/25/how-will-the-coalition-deal-with-harriets-landmine/" rel="nofollow">politicalbetting.com &raquo; Blog Archive &raquo; How will the coalition deal ...</a>: by sniffing out inequality. Incidentally the EHRC employs a disproportionately low level of whites, men and Christians compared to the general population, so by abolishing it the Government would be discriminating against women and minorities.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[TFA Blog] <a href="http://www.tfa.net/tfa_blog/2010/08/theresa-may-gets-her-priorities-wrong.html" rel="nofollow">Theresa May Gets Her Priorities Wrong Argues Stephen Hoffman - TFA ...</a>: Instead Theresa May, in a letter leaked to George Osborne and&#0160;published in the Guardian on Tuesday, decided to please the hordes of guardianistas out there, and said she had repeatedly warned that the budget cuts could break equality laws introduced in 2010, and that legal challenges on this basis could be made. Sorry,&#0160;but&#0160;I fail to see how some laws which have actively encouraged positive discrimination and acted as a barrier to freedom of speech as now any minority group can claim protection under the equality laws from freedom of offence has anything to do with public spending cuts. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Reports - The Heritage Foundation] <a href="http://www.heritage.org/research/reports/2010/06/the-challenges-of-islamist-ideology-to-america-s-founding-principles" rel="nofollow">The Challenges of Islamist Ideology to America&#39;s Founding ...</a>: The Quilliam Foundation, founded by former radical Islamists, lists a number of ways of combating the spread of extremism in prisons (and, indeed, other institutions). This involves literature produced by former extremists, courses on Islam which bring moderate scholarship to bear on the questions Muslims prisoners are asking, and the promotion of friendships with former extremists.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Shoah] <a href="http://www.shoah.org.uk/2010/08/17/mondoweiss-online-newsletter-73/" rel="nofollow">MONDOWEISS ONLINE NEWSLETTER</a>: At least 200,000 Egyptians have signed up on Facebook to back Mohamed ElBaradei, the former UN nuclear boss who has said he wants to shatter 30 years of political stasis in Egypt by running for president. Despite a surge in online support for political alternatives to President Hosni Mubarak, 82, who has been in power since 1981, even ardent supporters acknowledge that online activism in Egypt cannot deliver change without action on the streets. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Liberal Democrat Voice] <a href="http://www.libdemvoice.org/clegg-on-social-mobility-making-opportunity-a-right-of-the-many-rather-than-a-privilege-of-the-few-20770.html" rel="nofollow">Clegg on social mobility: &#8220;making opportunity a right of the many ...</a>: It is also important to be clear about our objectives in social policy, and the difference between, for example, poverty reduction and the promotion of mobility. The goal of improving social mobility overlaps with other objectives for social policy, such as reducing poverty or narrowing income inequality.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Birdsong's Law Blog] <a href="http://birdsongslaw.com/2010/08/25/violence-foreigners-germany-2/" rel="nofollow">Violence Against Foreigners in Germany 2 &#124; Birdsong&#39;s Law Blog</a>: Bressler who has travelled in Germany and Austria took my Refugee and Asylum Law course in 2008.&#160; He wrote his seminar paper on violence against foreigners in Germany.&#160; Late last year he expanded on his paper to satisfy his upper level requirement for graduation.&#160; He has given me permission his expanded paper on my blog.&#160; He makes some good points about violence against foreigners in Germany that might just apply universally.&#160; Have a read: </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Peter Senker] <a href="http://petersenker.org.uk/technologyinequality/new-horizons-towards-an-economic-system-fit-for-purpose/" rel="nofollow">New Horizons: Towards an Economic System Fit for Purpose &#124; Peter ...</a>: Indeed, concerns about rising levels of inequality have resonated  with governments in  OECD countries both because of their wider  implications for social development and cohesion and because they have  occurred in many of them despite considerable increases in government  spending on social benefits to offset growing income disparity. Ed  Miliband, currently Secretary of State for Energy and Climate Change in  the UK, has stressed the importance of addressing growing social  inequality arguing that &#8221;&#152;poverty, social mobility, and the ability to  lead a freely-chosen life - are all in a sense aspects of an egalitarian  position, a position relating to equality. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[YourBNP] <a href="http://yourbnp.com/2010/08/08/finding-our-feet-linking-to-our-ancestors/" rel="nofollow">Finding Our Feet: Linking to Our Ancestors</a>: The middle-aged and older, comfortably-off, disproportionately concentrated in the Home Counties may have to face reality now that gypsies have preferential treatment over land in their areas and realise that a Tory-led government will . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[davidthompson] <a href="http://davidthompson.typepad.com/davidthompson/2010/08/some-guardian-nuance.html" rel="nofollow">davidthompson: Some Guardian Nuance</a>: But railing against caricatures and &#8220;bikini wax&#8221;&#157; modernity is a peculiar line to take, given that other, more credible arguments could be made. You could, for instance, argue that our ability to end or even reduce the abuse and mutilation of women is limited, that the attempt to seed functional democracy may fail, and that there are issues of morale and other demands on resources, etc. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[politicalbetting.com] <a href="http://www6.politicalbetting.com/index.php/archives/2008/11/18/is-the-secret-of-success-getting-this-number-right/" rel="nofollow">politicalbetting.com &raquo; Blog Archive &raquo; Is the secret of success ...</a>: With a side dish of green policies, decentralisation and equality of opportunity (&#8221;Freerer, fairer, greener&#8221;) or something along those lines. I&#8217;d like to include something on decentralisation in there but &#8216;localler&#8217;  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[neo-neocon] <a href="http://neoneocon.com/2010/08/02/the-house-ethics-and-race/" rel="nofollow">neo-neocon &raquo; Blog Archive &raquo; The House, ethics, and race</a>: And, should they be found guilty, one might indeed wonder why it is that African-Americans appear to be disproportionately involved in these sort of violations. My personal opinion is that the racial aspects are rather incidental, and that . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Alas, a blog] <a href="http://www.amptoons.com/blog/archives/2010/06/30/cartoon-the-24-types-of-libertarian/" rel="nofollow">Cartoon: The 24 Types of Libertarian &#124; Alas, a blog</a>: Combined with education (and yes, like Adam Smith and Thomas Paine, I do actually support public schools, albeit not the district monopoly system we have today that perpetuates cycles of poverty for disproportionately minority students) &#8211; a free society is preferable to a distorted manager state where the corrupt political interests get to decide whose rights are worth protecting and the managed megacorporations bribe their way to preferential treatment. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[WallStreetOasis.com - Your Finance Community. Advice on Finance Interviews and Careers in Finance.] <a href="http://www.wallstreetoasis.com/blog/blaming-governmentthe-change-im-looking-for" rel="nofollow">Blaming Government...the Change I&#39;m looking for &#124; WallStreetOasis.com</a>: Admittedly, I am not on the cutting edge of economic academia, however, this may be this first I have heard of someone actually going the lengthy dissertation route in pooping on Washington policy. I for one, am all for it and fling my disgruntled inner recyclables in unison with Mr.  </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;incidentally disproportionately equality </p>-->]]>
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<entry>
<title>CBO finds stimulus boosted economy - The Hill&amp;#39;s On The Money</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/cbo_finds_stimulus_boosted_economy_the_hills_on_the_money-archive.html" />
<modified>2010-08-25T19:05:47Z</modified>
<issued>2010-08-25T19:05:47Z</issued>
<id>tag:www.econwatch.com,2010://34.47241</id>
<created>2010-08-25T19:05:47Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[News] The report gives a small boost to President Obama and Democrats, who pushed the stimulus through Congress with minimal support from Republicans in February 2009. The White House and Democratic leaders have argued that the stimulus was necessary to...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://thehill.com/blogs/on-the-money/801-economy/115631-cbo-stimulus-boosted-economy-by-up-to-45-percent-last-quarter">News</a>] <i>The report gives a small boost to President Obama and Democrats, who pushed the stimulus through Congress with minimal support from Republicans in February 2009. The White House and Democratic leaders have argued that the stimulus was necessary to prevent the economy from slumping into an even deeper recession and possibly a depression after the financial crisis.</i></p><!--CBO finds stimulus boosted economy - The Hill&#39;s On The Money-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=stimulus republicans democrats " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=stimulus republicans democrats weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Political Punch] <a href="http://blogs.abcnews.com/politicalpunch/2010/08/vp-biden-defends-democrats-economic-policies.html" rel="nofollow">VP Biden Defends Democrats&#39; Economic Policies - Political Punch</a>: Biden said that despite the high anticipation surrounding the announcement of the GOP&#146;s economic agenda, the plan that Boehner laid out this morning does not declare specific policies that Republicans favor, but rather spells out the party&#146;s opposition to economic policies Democrats have enacted and is merely a list of economic items Republicans believe President Obama should not do. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[REPUBLICAN.GNOM.ES &#124; conservative newswire] <a href="http://republican.gnom.es/national-news/house-republican-leader-democrats-trade-attacks-on-economy-los-angeles-times" rel="nofollow">House Republican leader, Democrats trade attacks on economy - Los ...</a>: The nonpartisan Congressional Budget Office released a report Tuesday showing that as many as 3.3 million people were employed in 2010 because of the recovery act. But the CBO said the stimulus would cost $814 billion over a decade &#8221;&#148; $27 billion more than projected when the legislation passed Congress. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[RealClearPolitics - Homepage] <a href="http://www.realclearpolitics.com/2010/08/25/cbo_stimulus_package_boosted_the_economy_240372.html" rel="nofollow">RealClearPolitics - CBO: Stimulus Package Boosted the Economy</a>: The report gives a small boost to President Obama and Democrats, who pushed the stimulus through Congress with minimal support from Republicans in February 2009. The White House and Democratic leaders have argued that the stimulus was necessary to prevent the economy from slumping into an... </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[DEMOCRAT.GNOM.ES &#124; liberal newswire] <a href="http://democrat.gnom.es/national-news/boehner-to-blast-obama-on-economy-new-york-times" rel="nofollow">Boehner to Blast Obama on Economy - New York Times &#124; DEMOCRAT.GNOM.ES</a>: Boehner, who has long been a foe of earmarks and other Congressional spending meant to benefit home-state interests for political purposes, said: &#8220;I think we should go through every line item in the budget and ask ourselves if the spending is so important we are going to ask our kids and grandkids to pay for it. And if doesn&#146;t meet that test, then why in the hell are we doing it.&#8221;&#157;&#9;&#9; </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Next Right blogs] <a href="http://www.thenextright.com/dean2/conservatives-will-have-to-reconcile-the-proven-positive-impact-of-stimulus-spending" rel="nofollow">Conservatives will have to reconcile the proven, positive impact ...</a>: The higher figure would come close to making good on Obama's pledge that the act would save or create as many as 3.5 million jobs by the end of this year. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Top News] <a href="http://thehill.com/homenews/house/115249-djou-blames-spending-stimulus-for-lethargic-economy-in-gop-address" rel="nofollow">Djou blames spending, stimulus for lethargic economy in GOP ...</a>: Democrats have defended their track record, arguing the recession was a product of failed Republican policies they've been fighting to overturn. House Majority Leader Steny Hoyer (D-Md.) this week blamed GOP leaders for obstructing Democratic efforts to kick-start hiring, most recently when Senate Republicans blocked a small-business lending bill that had already cleared the House.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[1776 Coalition] <a href="http://www.1776coalition.com/rise-up-1/republican-leader-tells-obama-to-fire-economic-team" rel="nofollow">Republican leader tells Obama to fire economic team - 1776 Coalition</a>: The exchange, coming on a day of still more mixed economic news, marked a rhetorical escalation as both sides honed their arguments ahead of an election that Republicans hope, and Democrats fear, will turn on the economy and the poor jobs ... But after 19 months under Mr. Obama, they are increasingly giving the new president poor marks on his efforts to correct the course, despite having passed an initial stimulus package last year and an extension of some stimulus ... </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[TheBull.com.au] <a href="http://www.thebull.com.au/articles/a/13750-americans-blame-obama-for-economy.html" rel="nofollow">americans blame obama for economy - www.thebull.com.au</a>: Obama's disapproval rating was 52 per cent in Tuesday's poll, overtaking his approval rating for the first time in an Ipsos poll. Only 45 per cent of people said they approved of the president's performance, down from 48 per cent last month. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Political Animal] <a href="http://www.washingtonmonthly.com/archives/individual/2010_08/025361.php" rel="nofollow">The Washington Monthly</a>: The nonpartisan Congressional Budget Office (CBO) estimated in May that as of the first quarter of 2010, the stimulus package "[i]ncreased the number of people employed by between 1.2 million and 2.8 million," and, "[i]ncreased the number of full-time equivalent jobs by 1.8 million to 4.1 million compared with what those amounts would have been otherwise." CBO also estimated that the unemployment rate would be 0.7 percent to 1.5 percent higher today without the stimulus package. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Liberty Pundits Blog] <a href="http://libertypundits.net/article/us-house-whip-up-report-wed-82510-hammering-the-economy/?utm_source=rss&utm_medium=rss&utm_campaign=us-house-whip-up-report-wed-82510-hammering-the-economy" rel="nofollow">US House Whip-Up Report, Wed 8/25/10: Hammering the economy ...</a>: A rapidly weakening economy threatens to undermine President Obama's assertion that he has set the nation on a path to prosperity and, with barely two months until congressional midterm elections, Democrats find themselves with few options for reviving the .Republicans have been trying to convince voters that last year's deficit-financed economic stimulus was not effective in reducing unemployment and ending the recession, and this argument may be striking home. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Micro Effect] <a href="http://info.themicroeffect.com/?p=282" rel="nofollow">The Micro Effect &raquo; Blog Archive &raquo; Minority leader Boehner: Fire ...</a>: House Republicans do not plan to unveil a detailed policy agenda until late September, and Boehner&#8217;s speech did not expand the GOP&#8217;s existing economic proposals in any significant way. The speech was part of a bus tour of battleground House districts, focusing on manufacturing-centric regions such as Indiana, Ohio and western Pennsylvania. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Caucus] <a href="http://thecaucus.blogs.nytimes.com/2010/08/25/the-early-word-mixed-results/" rel="nofollow">The Early Word: Mixed Results - The Caucus Blog - NYTimes.com</a>: Results suggest that Democrats &#8221;&#148; without Barack Obama on the ticket &#8221;&#148; face an uphill battle when it comes to motivation. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[CNN Political Ticker] <a href="http://politicalticker.blogs.cnn.com/2010/08/24/white-house-says-stimulus-plan-boosting-tech-innovation/" rel="nofollow">CNN Political Ticker: All politics, all the time Blog Archive ...</a>: (CNN) - The Obama administration stepped up its defense of the controversial $862 billion economic stimulus plan Tuesday, releasing an analysis which concludes that the measure is helping to spark major technological advances in energy production, among other things. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Liberty Pundits Blog] <a href="http://libertypundits.net/article/us-house-whip-up-report-82410-obamas-economy-sucks/?utm_source=rss&utm_medium=rss&utm_campaign=us-house-whip-up-report-82410-obamas-economy-sucks" rel="nofollow">US House Whip-Up Report, 8/24/10: Obama&#39;s Economy Sucks &#124; Liberty ...</a>: But with summer quickly coming to an end, those jobs gains and a robust economic recovery have not yet materialized, leaving Democrats on the verge of a fall election campaign in which Republicans are poised to make them eat their words. &#8220;it will injure our economy, slow the recovery, and cost us jobs.&#8221;&#157; His strategy to cut spending across most categories stands in contrast to Washington's, where everything except defense gets branded as &#8220;stimulus&#8221;&#157; to get more money. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[New Orleans CityBusiness] <a href="http://neworleanscitybusiness.com/blog/2010/08/24/stimulus-to-cost-27b-more-than-original-price-tag/" rel="nofollow">&raquo; Stimulus to cost $27B more than original price tag</a>: The report comes 10 weeks before midterm congressional elections in which Republicans are hammering Democrats and Obama on the economy, saying they&#8217;ve pushed runaway spending without creating promised jobs. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[CNN Political Ticker] <a href="http://politicalticker.blogs.cnn.com/2010/08/25/cnn-100-iraq-war-vet-faces-rematch-in-pennsylvania-8th/" rel="nofollow">CNN Political Ticker: All politics, all the time Blog Archive ...</a>: After his election, House Speaker Nancy Pelosi selected Murphy to serve on the Armed Services Committee and the Permanent Select Committee for Intelligence, while also using him as one of the chief spokesmen for the Democrats' efforts to draw down troops in Iraq. But as the general election nears, polls show that national security is taking a back seat to the economy as the most important issues to voters. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Olympian Online -- The Politics Blog] <a href="http://www.theolympian.com/2010/08/13/1335198/democrats-republicans-cant-get.html" rel="nofollow">Democrats, Republicans can&#39;t get stimulus facts straight - The ...</a>: He is political editor at The Olympian and can be reached at 360-753-1688 or bshannon@theolympian.com. Print email.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Dirk Bradshaw Blog] <a href="http://www.dirkbradshaw.com/?p=390033" rel="nofollow">Obama&#39;s Stimulus Plan &#124; Dirk Bradshaw Blog</a>: Now with the 2010 elections a few month away Obama is using the money to bailout union employees and under water mortgages but only in states with high unemployment and only to the unemployed. These states just happens to be democratic states.  </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;stimulus republicans democrats </p>-->]]>
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<title>Beijing&amp;#39;s 9 Day Traffic Jam Creates Mini-Economy - PSFK</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/beijings_9_day_traffic_jam_creates_minieconomy_psfk-archive.html" />
<modified>2010-08-24T19:09:49Z</modified>
<issued>2010-08-24T19:09:49Z</issued>
<id>tag:www.econwatch.com,2010://34.47210</id>
<created>2010-08-24T19:09:49Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[PSFK] With a population of over 1.3 billion, China&amp;#8217;s urban areas are no stranger to traffic congestion.&amp;#160; The latest jam on the Beijing-Tibet expressway has reached epic proportions, stretching one-hundred kilometres.&amp;#160; Expected to last around nine days, the slow-moving traffic...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://www.psfk.com/2010/08/beijings-9-day-traffic-jam-creates-mini-economy.html">PSFK</a>] <i>With a population of over 1.3 billion, China&#8217;s urban areas are no stranger to traffic congestion.&#160; The latest jam on the Beijing-Tibet expressway has reached epic proportions, stretching one-hundred kilometres.&#160; Expected to last around nine days, the slow-moving traffic is a result of road maintenance and an increase in cargo-carrying trucks.&#160; Roadside merchants have set up shop along the expressway to meet the needs of&#160; frustrated drivers, offering water and food products far-above market price.</i></p><!--Beijing&#39;s 9 Day Traffic Jam Creates Mini-Economy - PSFK-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=jam expressway traffic " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=jam expressway traffic weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Buy-Expensive-Cars.com] <a href="http://buy-expensive-cars.com/2010/08/23/9-day-traffic-jam-stretches-62-miles/" rel="nofollow">9-Day Traffic Jam Stretches 62 Miles &#124; Buy-Expensive-Cars.com</a>:  Whatever traffic hell you endured getting to work this morning is nothing compared to what&#8217;s happening in Beijing, where a mammoth traffic jam is entering its ninth day with no relief in sight. Thousands of trucks have jammed National Expressway 110 since Aug.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[beyondbrics] <a href="http://blogs.ft.com/beyond-brics/2010/08/23/chinas-monster-traffic-jam-a-sign-of-things-to-come/" rel="nofollow">China&#39;s monster traffic jam: a sign of things to come ...</a>: Truck drivers interviewed by Chinese state media said they were forced to buy instant noodles at four times their original price from local residents while they sat for days playing cards or just resting in their vehicles. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Popular Science] <a href="http://www.popsci.com.au/2010/08/what-beijings-62-mile-nine-day-traffic-jam-means-for-chinas-turbulent-future-of-the-car/" rel="nofollow">Beijing Traffic Jam - Environment - Economy &#124; Popular Science</a>: This month&#8217;s (and presumably next month&#8217;s) traffic jam is a prescient reminder that what works in other countries doesn&#8217;t necessarily work in China, and its cash-flush, hands-on approach to urban planning and technology development (sometimes seen as anathema to more laissez-faire Western principles) will likely lead to envelope-pushing new blueprints for the high-density cities of the future. Whether it&#8217;s the automobile itself that undergoes radical transformation or the infrastructure that serves it (or more likely both) remains to be seen, but given its current trajectory the Chinese market is set to redefine automobile transit for the coming decades. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Malaysia Opinion] <a href="http://malaysiaopinion.com/2010/08/24/chinese-demand-for-coal-spurs-9-day-traffic-jam-on-expressway-businessweek/" rel="nofollow">Chinese Demand for Coal Spurs 9-Day Traffic Jam on Expressway ...</a>: 24 (Bloomberg) &#8212; Chinese demand for coal to produce electricity for the world&#39;s fastest-growing major economy is creating traffic jams lasting as long as nine days on roads connecting mines in the nation&#39;s hinterland to its &#8230;  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[egmCarTech] <a href="http://www.egmcartech.com/2010/08/23/beijing-tibet-expressway-faces-9-day-traffic-jam-stretching-62-miles/" rel="nofollow">Beijing-Tibet expressway faces 9-day traffic jam stretching 62 ...</a>: What was the cause of the jam? According to the local state-run newspaper, the Global Times, the Beijing-Tibet expressway slowed to a snails crawl on August 14 due to a spike in traffic by cargo-bearing heavy trucks heading to the capital.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[GenevaLunch] <a href="http://genevalunch.com/blog/2010/08/24/worlds-worst-traffic-jam-chinese-sit-for-9th-day/" rel="nofollow">GenevaLunch &raquo; World&#39;s worst traffic jam: Chinese sit for 9th day</a>: A mini-economy, with roadside merchants supplying food and drink, has appeared on the Jining-Beijing highway in China, part of the Tibet to Beijing expressway, where a 100-km tailback is now in its ninth day, making it a candidate for the world&#8217;s worst traffic jam. The slowdown is the result of road works and a traffic spike caused by heavy trucks on this main goods route into the city, which is under repair due to the damage caused by constant heavy goods traffic. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[USB2U Articles] <a href="http://www.usb2u.co.uk/articles/2010/08/9-day-traffic-jam-in-china-%E2%80%93-deliveries-of-usb-memory-sticks-not-affected/" rel="nofollow">9-Day Traffic Jam In China - Deliveries Of USB Memory Sticks Not ...</a>: But, the odd few hours delay on the road networks in the UK are trivial compared to the 9 day traffic jams now being experienced in China along the Beijing-Tibet Expressway. China is incredibly an incredibly power hungry nation which is no surprise given their status as the world's fastest-growing major economy.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[OFW News On Web] <a href="http://ofwnow.com/global-news/chinas-nine-day-traffic-jam-reaches-100km/6360" rel="nofollow">China&#39;s nine-day traffic jam reaches 100km &#124; OFW News On Web</a>: /* &#9;       All currently supported events:&#9;        * preData &#8221;&#148; fires just before we request for initial data&#9;        * preInit - fires after we get initial data but before we load any dependencies&#9;        * onInit  - fires when all dependencies are resolved but before dtpl template is rendered&#9;        * afterRender - fires when template is rendered but before we show it&#9;        * onReady - everything is done&#9;     */ </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The J-Walk Blog] <a href="http://j-walkblog.com/index.php?/weblog/posts/the_mother_of_all_traffic_jams/" rel="nofollow">The J-Walk Blog: The Mother Of All Traffic Jams</a>: The Beijing-Tibet expressway slowed to a crawl on August 14 due to a     spike in traffic by cargo-bearing heavy trucks heading to the capital, and     compounded by road maintenance work that began five days later, the Global     Times said. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Days Word] <a href="http://dmacc5022.wordpress.com/2010/08/24/9-day-traffic-jam/" rel="nofollow">9 Day Traffic Jam &#171; Days Word</a>: A mini-economy, with roadside merchants supplying food and drink, has appeared on the Jining-Beijing highway in China, part of the Tibet to Beijing expressway, where a 100-km tailback is now in its ninth day, making it a candidate for the world&#8217;s worst traffic jam. The slowdown is the result of road works and a traffic spike caused by heavy trucks on this main goods route into the city, which is under repair due to the damage caused by constant heavy goods traffic. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[A Pk News] <a href="http://www.apknews.com/08/china-traffic-jam.html" rel="nofollow">China Traffic Jam</a>: Latest News Update About China Traffic Jam: Thousands of vehicles were bogged down Monday in a more than 100-kilometre (62-mile) traffic jam leading to Beijing that has lasted nine days and highlights China&#146;s growing road congestion woes.The Beijing-Tibet expressway slowed to a crawl on August 14 due to a spike in traffic by cargo-bearing heavy trucks heading to the capital, and compounded by road maintenance work that began five days later, the Global Times said. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[ETF DAILY NEWS] <a href="http://etfdailynews.com/blog/2010/08/24/investment-case-for-the-china-infrastructure-etf%E2%80%A6in-four-words-chxx/" rel="nofollow">ETF DAILY NEWS &raquo; Investment Case For The China Infrastructure ETF ...</a>: That's right, a traffic jam on a road leading  into Beijing now stretches more than 60 miles and is entering its ninth day. Traffic on the Beijing-Tibet expressway slowed on August 14 after a surge in traffic from heavy trucks carrying cargo into . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[I Love China] <a href="http://blog.friday-nite.com/?p=2927" rel="nofollow">I Love China &raquo; Blog Archive &raquo; Going Nowhere Fast</a>: For those of us who live in Beijing, this road is more commonly known as the Badaling Expressway, scene of horrendous tailbacks every summer weekend as thousands of bad drivers try to get out to the Great Wall.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Married And Flirting Chat] <a href="http://www.marriedandflirtingchat.com/forums/showthread.php?t=17426" rel="nofollow">Maybe my commute isn&#39;t so bad... - Married And Flirting Chat</a>: BEIJING (AFP) - Thousands of vehicles were bogged down Monday in a more than 100-kilometre (62-mile) traffic jam leading to Beijing that  has lasted nine days and highlights China's growing road congestion woes. The Beijing-Tibet expressway slowed to a crawl on August 14 due to a spike in traffic by cargo-bearing heavy trucks heading to the capital, and compounded by road maintenance work that began five days later, the Global Times said. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Proto-Thoughts...] <a href="http://www.wbaltzley.com/Blog/?p=8101" rel="nofollow">Proto-Thoughts&#8221;&#166; &raquo; Blog Archive &raquo; What Beijing&#39;s 62-Mile, Nine-Day ...</a>: This month&#146;s (and presumably next month&#146;s) traffic jam is a prescient reminder that what works in other countries doesn&#146;t necessarily work in China, and its cash-flush, hands-on approach to urban planning and technology development (sometimes seen as anathema to more laissez-faire Western principles) will likely lead to envelope-pushing new blueprints for the high-density cities of the future. Whether it&#146;s the automobile itself that undergoes radical transformation or the infrastructure that serves it (or more likely both) remains to be seen, but given its current trajectory the Chinese market is set to redefine automobile transit for the coming decades. </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;jam expressway traffic </p>-->]]>
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<title>Economy Heading for a Systemic Collapse into Hyperinflationary ...</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/economy_heading_for_a_systemic_collapse_into_hyperinflationary_-archive.html" />
<modified>2010-08-24T19:08:11Z</modified>
<issued>2010-08-24T19:08:11Z</issued>
<id>tag:www.econwatch.com,2010://34.47209</id>
<created>2010-08-24T19:08:11Z</created>
<summary type="text/plain"><![CDATA[&#13;&#10;[LewRockwell.com] The Energy Report: A few months back, John, you said, &quot;if you strangle liquidity you always contract an economy and deliberately or not, liquidity is being strangled, resulting in sharp declines in consumer credit, commercial and industrial loans.&quot; Does...]]></summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://www.lewrockwell.com/spl2/hyperinflationary-great-depression.html">LewRockwell.com</a>] <i>The Energy               Report: A few months back, John, you said, &quot;if you strangle               liquidity you always contract an economy and deliberately or not,               liquidity is being strangled, resulting in sharp declines in consumer               credit, commercial and industrial loans.&quot; Does this mean it               would spur more economic growth if banks actually started lending?</i></p><!--Economy Heading for a Systemic Collapse into Hyperinflationary ...-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=liquidity strangled hyperinflationary " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=liquidity strangled hyperinflationary weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Socio-Economics History Blog] <a href="http://socioecohistory.wordpress.com/2010/08/07/economy-heading-for-a-systemic-collapse-into-hyperinflationary-great-depression/" rel="nofollow">Economy Heading for a Systemic Collapse into Hyperinflationary ...</a>: The Energy Report: A few months back, John, you said, &#8220;if you strangle liquidity you always contract an economy and deliberately or not, liquidity is being strangled, resulting in sharp declines in consumer credit, commercial and industrial loans.&#8221; Does this mean it would spur more economic growth if banks actually started lending? </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Infinite Unknown] <a href="http://www.infiniteunknown.net/2010/08/11/john-williams-times-that-try-our-souls-us-bankruptcy-hyperinflation-great-depression-preparedness-can-save-your-life/" rel="nofollow">John Williams: &#39;Times That Try Our Souls&#39; (U.S. Bankruptcy ...</a>: --Dick Cheney","The few who understand the system, will either be so interested in its profits, or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.--John Sherman - Protege of the Rothschild banking family","All tyranny needs to gain a foothold is for people of good conscience to remain silent.--Thomas Jefferson","It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Adam Works For Us] <a href="http://www.adamworksforus.com/2010/08/hyper-inflationary-great-depression-is.html" rel="nofollow">A Hyper-Inflationary Great Depression Is Coming &#126; Adam Works For Us</a>: Deliberately or not, liquidity&#8217;s being strangled. You&#8217;re seeing very sharp declines in consumer credit, commercial and industrial loans and commercial paper outstanding. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Mineweb - Daily news headlines] <a href="http://www.mineweb.com/mineweb/view/mineweb/en/page103855?oid=109361&sn=Detail" rel="nofollow">Mineweb.com - The world&#39;s premier mining and mining investment ...</a>: The Energy Report: A few months back, John, you said, "if you strangle liquidity you always contract an economy and deliberately or not, liquidity is being strangled, resulting in sharp declines in consumer credit, commercial and industrial loans." Does this mean it would spur more economic growth if banks actually started lending? </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[FedUpUSA] <a href="http://fedupusa.org/2010/08/11/deflation-here-it-comes/" rel="nofollow">Deflation - Here It Comes &#124; FedUpUSA</a>: interventionist efforts merely keep prices out of reach for businesses and consumers, resulting in the destruction of the real economy (that which produces and that does NOT include government since they do NOT produce), and further serve to strip wealth from the citzenry and transfer it to the governments. In our opinion, this is probably the single-most important article on the economy for the public to read and understand. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[24hGold.com RSS Feed - 24hGold Editorials and commentaries] <a href="http://www.24hgold.com/english/news-gold-silver-john-williams-approaching-the-abyss.aspx?article=3053386176G10020&redirect=false&contributor=The+Gold+Report" rel="nofollow">John Williams: Approaching the Abyss by The Gold Report</a>: The Gold Report: When we spoke in May, John, you told us that a   leading indicator of economic activity was the year-over-year change in   adjusted broad money supply, which was declining at that time. You said,   &quot;if you strangle liquidity you always contract an economy and   deliberately or not, liquidity is being strangled, resulting in sharp   declines in consumer credit, commercial and industrial loans.&quot; </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Smirking Chimp - News And Commentary from the Vast Left-Wing Conspiracy] <a href="http://www.smirkingchimp.com/thread/mike-whitney/30847/obamas-economics-team-frozen-in-the-headlights" rel="nofollow">Obama&#39;s Economics Team: &quot;Frozen in the headlights&quot; &#124; The Smirking ...</a>: Well-respected academics, historians and central bankers scorn any form of government assistance as "Keynesian". But the fact remains, the best way out of a deep slump is fiscal stimulus.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Welcome To Jim Sinclair's MineSet] <a href="http://jsmineset.com/2010/05/04/john-williams-a-hyper-inflationary-great-depression-is-coming/" rel="nofollow">John Williams: A Hyper-Inflationary Great Depression Is Coming ...</a>: Deliberately or not, liquidity&#8217;s being strangled. You&#8217;re seeing very sharp declines in consumer credit, commercial and industrial loans and commercial paper outstanding. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Thought Swirl - Discussing World Affairs] <a href="http://www.thoughtswirl.com/2010/05/us-dollar-and-inevitable-hyper.html" rel="nofollow">Thought Swirl - Discussing World Affairs: The US Dollar And The ...</a>: The Gold Report:&nbsp;John, last December you stated, "The U.S. economic and systemic crisis of the past of the past two years are just precursors to a great collapse," or what you call a "hyper-inflationary great depression." Is this prediction unique to the U.S., or do you feel that other economies face the same fate? </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Gold & Silver Coin Collector Blog] <a href="http://tklimson.wordpress.com/2010/08/09/gold-silver-and-sardines-barter-solutions-for-hyperinflation-ahead/" rel="nofollow">Gold, silver and sardines - barter solutions for hyperinflation ...</a>: The Energy Report: A few months back, John, you said, &#8220;if you strangle liquidity you always contract an economy and deliberately or not, liquidity is being strangled, resulting in sharp declines in consumer credit, commercial and industrial loans.&#8221; Does this mean it would spur more economic growth if banks actually started lending? </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Shadowtraders] <a href="http://www.shadowtraders.com/futuresblog/?p=5621" rel="nofollow">Shadowtraders &raquo; Blog Archive &raquo; Times that try our souls</a>: What John Williams envisions&#8221;&#148;and he&#8217;s  by no means looking to the far horizon&#8221;&#148;is a systemic collapse, a  hyperinflationary great depression and the cessation of normal commerce. Despite that bleak outlook, however, when the economist and editor of  ShadowStats.com sat down for this exclusive Energy Report interview, he also had some good news. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Irvine Housing Blog] <a href="http://www.irvinehousingblog.com/blog/comments/foolish-bankers-surprised-borrowes-never-intended-to-repay-their-loans/" rel="nofollow">Irvine Housing Blog - Irvine Real Estate and Irvine Homes ...</a>:                    &#9;&#9;        Astute Observation by about bankruptcy                                                      </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[americanbullion.com site blog posts] <a href="http://www.americanbullion.com/blog/20100504-john-williams-a-hyper-inflationary-great-depression-is-coming.html" rel="nofollow">read more - American Bullion - Best Deals on Gold Bullion &amp; Coins ...</a>: Other than for the shutdown of war production at the end of World War II, which usually is not counted as a normal business cycle, the full annual decline in 2009 GDP was the deepest since the Great Depression. There's strong evidence that we're going to see an intensified downturn ahead, but it won't become a great depression until a hyper-inflation kicks in.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[David Lorango&#39;s Blog] <a href="http://davidlorango.wordpress.com/2010/05/07/hyperinflation-and-the-next-depression/" rel="nofollow">Hyperinflation and the Next Depression</a>: Deliberately or not, liquidity's being strangled. You're seeing very sharp declines in consumer credit, commercial and industrial loans and commercial paper outstanding.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The Mortgage Lender Implode-O-Meter (main list & news)] <a href="http://ml-implode.com/viewnews/2008-06-30_DebateOverItsHyperinflationandUSEconomicCollapse.html" rel="nofollow">The Mortgage Lender Implode-O-Meter News Pick-ups: Debate Over ...</a>: So I don't buy the argument that Bernanke is "in a box" -- trapped between lowering interest rates and hurting the dollar, or raising them and killing the domestic economy. This is a false dilemma because hurting the dollar was always stupid and reckless given the extent we rely on imports, and "saving the domestic economy" by keeping interest rates low was never going to work (if the Fed even thought it would, they were pretty naive). </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[BBC NEWS &#124; Stephanomics] <a href="http://www.bbc.co.uk/blogs/thereporters/stephanieflanders/2010/07/risk_politics_and_gdp.html" rel="nofollow">BBC - Stephanomics: Risk, politics, and GDP</a>: The alchemy has to end somewhere (hyperinflation) You might be happy to dig a hole and fill it in again for computer generated GBP. Just don't expect the rest of the world to be so keen to exchange their food, oil, and cars for the same. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Zionistgoldreport&#39;s Weblog] <a href="http://zionistgoldreport.wordpress.com/2008/12/10/bob-chapman-hyperinflation-and-the-great-depression/" rel="nofollow">Bob Chapman, Hyperinflation and The Great Depression</a>: As a result of the Fed draining liquidity out of the system and giving it to the banks to keep them solvent via cash management bill sales, there is little left in the economy and the people to borrow. These actions should be looked at . </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;liquidity strangled hyperinflationary </p>-->]]>
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<title>RealClearPolitics - HorseRaceBlog - Is the Economy Obama&amp;#39;s Only ...</title>
<link rel="alternate" type="text/html" href="http://www.econwatch.com/realclearpolitics_horseraceblog_is_the_economy_obamas_only_-archive.html" />
<modified>2010-08-21T17:07:30Z</modified>
<issued>2010-08-21T17:07:30Z</issued>
<id>tag:www.econwatch.com,2010://34.47132</id>
<created>2010-08-21T17:07:30Z</created>
<summary type="text/plain">&amp;#13;&amp;#10;[RealClearPolitics - Homepage] Klein then goes on to compare President Obama&apos;s current standing in the Gallup poll to Presidents Carter, Clinton, and Reagan - arguing that, in fact, Obama is in a slightly better position. Klein chose this trio because...</summary>
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<![CDATA[&#13;&#10;<p>[<a href="http://www.realclearpolitics.com/horseraceblog/2010/08/economy_obamas_only_problem.html">RealClearPolitics - Homepage</a>] <i>Klein then goes on to compare President Obama's current standing in the Gallup poll to Presidents Carter, Clinton, and Reagan - arguing that, in fact, Obama is in a slightly better position. Klein chose this trio because they are "the last three presidents who entered office amid a recession and didn't have a country-unifying terrorist attack in their first year."</i></p><!--RealClearPolitics - HorseRaceBlog - Is the Economy Obama&#39;s Only ...-->]]>
<![CDATA[&#13;&#10;<p>Some related posts from <a href="http://www.technorati.com/cosmos/search.html?url=klein obama presidents " rel="nofollow">Technorati</a> and <a href="http://www.google.com/search?q=klein obama presidents weblog OR blog" rel="nofollow">Google</a>.</p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Hot Air &raquo; Top Picks] <a href="http://hotair.com/archives/2010/08/21/its-the-economy-and-locusts/" rel="nofollow">Hot Air &raquo; It&#39;s not just the economy, stupid</a>: Eventually, the end point is the claim that the problems like unemployment (and, for Carter then and probably for Obama soon) inflation, can&#8217;t be solved under current world conditions. Like, say the Middle East, they can only be managed, so why blame the president for not rectifying the situation (and besides, the Republicans will just make things worse&#8230;) </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Patterico's Pontifications] <a href="http://patterico.com/2010/08/20/its-the-economy-and-locusts/" rel="nofollow">Patterico&#39;s Pontifications &raquo; It&#39;s the economy&#8221;&#166; and LOCUSTS!</a>: Working their way through the Kubler-Ross stages, political scientists and bloggers like Jonathan Bernstein and Ezra Klein are busy promoting the thesis that Pres. Obama and Democrats running for their lives in the 2010 midterms are . </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Political Animal] <a href="http://www.washingtonmonthly.com/archives/individual/2010_08/025320.php" rel="nofollow">The Washington Monthly</a>: By Camp's absurd reasoning, a recovery effort that didn't magically transform the entire economy, and instantly stop the job losses, necessarily constitutes failure. It's the kind of ridiculous argument one might hear from a partisan hack, desperate to score a cheap, baseless point, but leading members of Congress should know better. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Commentary] <a href="http://www.commentarymagazine.com/blogs/index.php/rubin/343601" rel="nofollow">Commentary &raquo; Blog Archive &raquo; Ezra Klein Doesn&#39;t Understand the ...</a>: But when it becomes the very thing that Klein&#8217;s&#160;JournoListers were criticized for (partisan politics in aid of the Obama team under the guise of &#8220;journalism&#8221;), isn&#8217;t it time for the Post to rethink its jump into the leftist blogosphere? </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[RealClearPolitics - Homepage] <a href="http://www.realclearpolitics.com/2010/08/17/obama_stumps_for_dems_and_his_economic_agenda_239832.html" rel="nofollow">RealClearPolitics - Obama Stumps for Dems and His Economic Agenda</a>: MILWAUKEE - President Obama excoriated Congressional Republicans on Monday for seeking to stymie his economic agenda, delivering a harsh critique of what he said was obstructionism that put political calculations ahead of the welfare of average Americans. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Later On] <a href="http://leisureguy.wordpress.com/2010/08/21/about-the-job-losses/" rel="nofollow">About the job losses &#171; Later On</a>: By Camp&#8217;s absurd reasoning, a recovery effort that didn&#8217;t magically transform the entire economy, and instantly stop the job losses, necessarily constitutes failure. It&#8217;s the kind of ridiculous argument one might hear from a partisan hack, desperate to score a cheap, baseless point, but leading members of Congress should know better. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Left In Alabama - Front Page] <a href="http://www.leftinalabama.com/diary/6873/republicans-fail-in-their-attempt-to-appear-fiscally-responsible" rel="nofollow">Left In Alabama:: Republicans fail in their attempt to appear ...</a>:  &#9;<a href="/diary/6873/republicans-fail-in-their-attempt-to-appear-fiscally-responsible">         Republicans fail in their attempt to appear fiscally responsible &#9;</a>  &#9; &#9;&#9; &#9;&#9; &#9;&#9;              &#9;&#9;&#9;     &#9;&#9;&#9;&#124;&#9; &#9;            5 comments                                    &#9;&#9;&#9;               &#9;&#9;&#9;&#9; &#9;&#9;  &#9;                                                                                                                                      </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Wonk Room] <a href="http://wonkroom.thinkprogress.org/2010/08/16/gingrich-hoover/" rel="nofollow">Wonk Room &raquo; Gingrich Ludicrously Claims Obama Presided Over More ...</a>: From December 2007 to July 2009 - the last year of the Bush second term and the first six months of the Obama presidency, before his policies could affect the economy -  private sector employment crashed from 115,574,000 jobs to 107,778,000 jobs. Employment continued to fall, however, for the next six months, reaching a low of 107,107,000 jobs in December of 2009.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[New Deal 2.0] <a href="http://www.newdeal20.org/2010/08/20/august-20-2-18004/" rel="nofollow">Daily Digest for August 20 &raquo; New Deal 2.0</a>: Populism is Not Enough (TNR) .Jonathan Bernstein writes that in selecting his nominee to head the CFPB, President Obama has much more to consider than whether he thinks Elizabeth Warren is the best person for the job.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Snow Report Blog] <a href="http://sroblog.com/2010/08/20/is-the-economy-obamas-only-problem-realclearpolitics-com/" rel="nofollow">Is the Economy Obama&#39;s Only Problem? - RealClearPolitics.com ...</a>: There is a theory among some liberal commentators that figures that Obama&#8217;s political position is due not to his own mistakes, but rather to macropolitical forces that are outside his control. Recently, my colleague Sean Trende argued that the political choices Obama has made have contributed to his poor poll position, and I am partial to this point of view. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[AmSpecBlog] <a href="http://spectator.org/blog/2010/08/10/obama-no-longer-welcomes-healt" rel="nofollow">The American Spectator : AmSpecBlog : Obama No Longer Welcomes ...</a>:   The "Medicine Cabinet Tax" Thanks to Obamacare, Americans will no  longer be able to use health savings account (HSA), flexible  spending account (FSA), or health reimbursement (HRA) pre-tax  dollars to purchase non-prescription, over-the-counter medicines  (except insulin). </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Balloon Juice] <a href="http://www.balloon-juice.com/2010/08/16/paging-pauline-kael/" rel="nofollow">Balloon Juice &raquo; Blog Archive &raquo; Paging Pauline Kael</a>: Outraged, he asked me if I knew Obama was allowing a mosque to be built on &#8220;hallowed ground.&#8221;&#157; He ranted against the evils of socialized medicine. He blamed President Obama and the Democrats for the state of the economy.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[neo-neocon] <a href="http://neoneocon.com/2010/08/09/ezra-klein-cub-journalist/" rel="nofollow">neo-neocon &raquo; Blog Archive &raquo; Ezra Klein: cub journalist</a>: While I continue to be dismayed that almost everyone I know or have kept in touch with from college is now pretty firmly entrenched on the left, I can&#8217;t believe that many of them actually regard this fellow Klein as some sort of a sage worth listening to, especially given his young age and his lack of experience with anything other than spouting off lefty talking points. </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[AmSpecBlog] <a href="http://spectator.org/blog/2010/08/03/usa-today-obama-approval-sinks" rel="nofollow">The American Spectator : AmSpecBlog : USA Today: Obama Approval ...</a>: At best, he's clueless at worst, he's purposely destroying this country. I have written off any hope to right this ship until someone new takes the helm in 2012.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[Swampland] <a href="http://swampland.blogs.time.com/2010/08/09/pentagon-cuts/" rel="nofollow">Pentagon Cuts - Swampland - TIME.com</a>: (It is no accident that the Virginia delegation is up in arms about the end of JFCom--which is located in Norfolk.) And wouldn't it be better if the federal government were spending money on things that might actually help the economy--infrastructure, for one--rather than anachronistic weapons systems? And, while we're at it, why does the U.S. need to deploy troops in places like Germany and Okinawa? </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[The American Spectator] <a href="http://spectator.org/blog/2010/07/13/polls-show-confidence-in-obama" rel="nofollow">The American Spectator : AmSpecBlog : Polls Show Confidence in ...</a>:   To save face for their biased reporting the media will twist the  truth and find some "glimmers of hope " for Obama...but its too  late...America has finally - THANK GOD - awakened to the  incompetent fraud we have in our White House. He may last the  full 4 years unless the Democrats themselves throw him overboard  like they did Hillary.  </p>&#13;&#10;&#13;&#10;&#13;&#10;&#13;&#10;<p>[buy calvin klein sunglasses] <a href="http://murray.bestestzone.com/2010/08/19/obama-g-20-summit-good-time-to-assess-economy-business-gmanews-tv-official-website-of-gma-news-and-public-affairs-latest-philippine-news/" rel="nofollow">Obama: G-20 summit good time to assess economy - Business ...</a>: But Obama said his administration knows that &#8220;stopping the bleeding isn&#39;t nearly enough. We know we still have a lot to do here at home to build an economy that is producing good jobs for all those who are looking for work today. </p><!-- technorati tags -->&#13;&#10;<p class="posted">Reflected tags on Technorati: <a href="http://technorati.com/tag/Blog" rel="nofollow">Blog</a>, <a href="http://technorati.com/tag/Economy"  rel="tag" title="See the Technorati page for 'Economy'" rel="nofollow">Economy</a>, <a href="http://technorati.com/tag/EconWatch.com"  rel="tag" title="See the Technorati page for 'EconWatch.com'" rel="nofollow">EconWatch.com</a></p>&#13;&#10;<!-- technorati tags -->&#13;&#10;<!--<p>&#13;&#10;klein obama presidents </p>-->]]>
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