| |||||
Scott McNealy, founder and former CEO of Sun Microsystems, talked with the Wall Street Journal about employment and the economy in the supposedly booming Silicon Valley. He thinks much has been lost and may not come back. His comments about the Valley apply to the state and country at large too. It’s not a terribly [...] James Carville was beyond blunt today, saying “If Hillary gave up one of her balls and gave it to Obama, he’d have two.” James Carville and Stan Greenberg on the failed Obama economic message. “During the campaign… their message of ‘what we are doing is working,’ people would get mad, okay,” said Carville. “Most kind [...] And this chart was before foreclosuregate Zillow – a real estate cheerleader if there ever was one – is now predicting an “unprecedented decline” worse than the Great Depression Meanwhile, the Obama Administration continues to send billions to Wall Street while doing little to help Main Street or homeowners and seems asleep at the [...] The state of the Anti-War movement in the United States and Pakistan, and the consequences for politicians in 2010. [...] The Cost of War has hit $1 trillion. Are you getting what you paid for? [...] Alan Abelson in Barron’s One in every 10 Americans missed a mortgage payment in the first quarter of this year — a new record. One in 10 Americans’ credit-card usage is being written off — also a new record. One in six Americans are either unemployed or underemployed. Over four in 10 of those [...] 10 spicy bits of economic news: 1. Jobless claims rise unexpectedly. The number of Americans filing first-time claims for unemployment insurance climbed unexpectedly last week. There were 473,000 initial jobless claims filed in the week ended Feb. 13, up 31,000 from the previous week’s upwardly revised 442,000, the Labor Department said on Thursday. A [...] After operating on the periphery around Polizeros for a while, I’ve been invited to do a little scribble now and then. Honored. Polizeros has been a super-trooper blog pushing those frost heaves of progressivism for years. I’ll begin my foray here with not a news entry, nor a scathing commentary, nor a blog-esque diary [...] What ‘green shoots’ look like. Via Infectious Greed We’ve “stopped falling off a cliff.” Oh, sure, sure. Now we’re bouncing down the scree: Housing starts unexpectedly slid 13 percent to an annual rate of 458,000, led by a 46 percent tumble in multifamily starts, which tend to be more volatile, Commerce Department figures showed [...] The video above comes from a Mother Jones fundraiser held recently out on the west coast. You can view the rest here, but this one in particular got me thinking about which sources I actually trust for economic news. Turns out, not that many. Before I list them though, I should tell you [...] |  | ||||
Copyright © 2012 Politics in the Zeros - All Rights Reserved | |||||
Recent Comments