Here’s your damn PROOF: “Obama is on the ropes; why do we appear ready to hand him a win?” said one senior House Republican aide who requested anonymity to discuss the matter freely. “I just don’t want to co-own the economy by having to tout that we passed a jobs bill that won’t work or at least won’t do enough. […]

Nice job, GOP. The Dow Jones Industrial average dropped more than 500 points today, one day after the index staged an impressive late day rally erasing a more that 200-point drop to end the day in the black . The 512-point plunge makes Thursday Aug. 4, 2011 one of the top 10 worst days in Dow history in terms of […]

I’m not exactly sure why this is news. I and many others have been saying this since about spring of 2009. But, for some reason, some people, like prominent financial pundits/commentators, are just now figuring it out. Intentionally driving the economy further into the ditch to harm the reelection chances of Barack Obama is immoral, unethical, anti-American, hypocritical and evil. […]

You know, if this keeps up, Barack Obama is going to end up getting reelected in 2012. The unemployment rate fell to a two-year low of 8.8 percent in March and companies added workers at the fastest two-month pace since before the recession began. The Labor Department says the economy added 216,000 new jobs last month, offsetting layoffs of local […]

You may recall me writing about how the Michigan city of Allen Park planned to layoff their entire fire department. Well, they have reversed that decision. But not before wringing concessions out of their fire fighters. Of course. The Allen Park City Council voted unanimously Tuesday night to rescind layoff notices that were sent to the city’s 26 firefighters last […]

Holy #@%&!!! Blaming budget woes on a failed movie studio arrangement, the Allen Park City Council voted Tuesday night to issue layoff notices to its firefighters… The layoffs affect all 27 firefighters except for the chief, who is appointed. Allen Park had, apparently put all its eggs in a single basket: Unity Studios. When the film studio pulled out of […]

More bad news (not) for the Obama administration. The U.S. economy is picking up a head of steam. The economy gained strength at the end of last year as Americans spent at the fastest pace in four years and U.S. companies sold more overseas. The growth is boosting hopes for a stronger 2011. The Commerce Department reports Friday that growth […]

It’s actually getting better. The government is expected to report Friday that businesses stepped up hiring in December, a trend likely to gain momentum in 2011. Economists are predicting that employers added a net total of 145,000 jobs last month and that the unemployment rate dipped to 9.7 percent. Some are even more optimistic after a private payroll firm estimated […]

Bush apologists tell us all they want that we “need to quit blaming Bush for everything”. But there’s a reason we blame him for the USA being in two wars, in what Paul Krugman this week called The Third Depression and that our unemployment levels are so high: George W. Bush and his administration put us here. More to the […]

On the heels of good news that I reported in my blog entry two days ago about GM, now comes Ford. And Ford comes in a Big Way: Ford, a year ago in danger of being dragged down with a collapse of its nearly bankrupt Detroit rivals, is projected to report nearly $1 billion in first-quarter profits Tuesday, the strongest […]

The teabagger (or shall we say “Teapublican”?) poo is going to really hit the fan later this year. Why? Because Barack HUSSEIN Obama is going to let the Bush tax cuts expire. Well, actually Congress is going to but let’s not quibble. Fresh from raising taxes on upper-income Americans to help expand health insurance coverage, President Obama and Democratic lawmakers […]