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Archive for October 4th, 2009

U.S. Unemployment Edges Toward Double Digits

Posted in Main Blog (All Posts) on October 4th, 2009 4:41 am by HL

U.S. Unemployment Edges Toward Double Digits
Economic news and pessimistic views: U.S. unemployment increased slightly to 9.8 percent and, moreover, this figure shows the crisis is far from over, experts say. Joblessness is at a 26-year high. The Guardian: American employers cut 263,000 jobs last month, pushing the US unemployment rate up to a 26-year high of 9.8%, in a worse-than-expected set of figures which fuelled anxiety that stimulus efforts are failing to strengthen the ailing labour market. The number of job losses sharply exceeded a consensus forecast among economists of around 187,000 for September, and the figure was significantly worse than a revised figure of 201,000 losses in August. It was the 21st consecutive monthly drop in jobs, providing a stark reminder that the economic crisis is far from over. The unemployment rate ticked up by a tenth of a percentage point from August’s figure of 9.7%. Read more READ THE WHOLE ITEM

Unemployment

Economic news and pessimistic views: U.S. unemployment increased slightly to 9.8 percent and, moreover, this figure shows the crisis is far from over, experts say. Joblessness is at a 26-year high.

The Guardian:

American employers cut 263,000 jobs last month, pushing the US unemployment rate up to a 26-year high of 9.8%, in a worse-than-expected set of figures which fuelled anxiety that stimulus efforts are failing to strengthen the ailing labour market.

The number of job losses sharply exceeded a consensus forecast among economists of around 187,000 for September, and the figure was significantly worse than a revised figure of 201,000 losses in August.

It was the 21st consecutive monthly drop in jobs, providing a stark reminder that the economic crisis is far from over. The unemployment rate ticked up by a tenth of a percentage point from August’s figure of 9.7%.

Read more

READ THE WHOLE ITEM

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Valerie Tarico: Many Don’t Know World Vision’s Christian Mission

Posted in Main Blog (All Posts) on October 4th, 2009 4:40 am by HL

Valerie Tarico: Many Don’t Know World Vision’s Christian Mission
On October 2nd, The Seattle Times featured an AP article about the recent quake in Sumatra, along with a “how to help” list. At the top of that list was World Vision International.

Michael Markarian: Soft on Crime, Soft on Cruelty
Virginia state Sen. Ken Cuccinelli may be one of the only elected officials in the country running for statewide office who is an apologist for staged animal fighting — and has the record to prove it.

Alafair Burke: Sex, Lies, and Band-Aids: Why Ensign and Polanski Should Have Pulled a Letterman
Letterman, despite whatever idiotic (or worse?) things he may have done with women on his staff, was wise enough to realize that silence isn’t permanent and peace of mind can’t be bought.

Harvey Wasserman: Obama’s LBJ Moment
Afghanistan cannot be controlled any more than Vietnam could. Effectively fighting terror demands an intelligent, coordinated international effort, not a blundering unilateral plunge.

Huff Radio: Left, Right & Center: Olympics, Unemployment Rate 9.8%, Iran, Baucus Bill, Sex!
The economy, touted as recovering, continues to be a jobless recovery: unemployment is at 9.8%. Arianna says Larry Summers and Obama’s economic advisors are the problem, not the solution.


George Will Bamboozling Again On Global Warming

Posted in Main Blog (All Posts) on October 4th, 2009 4:39 am by HL

George Will Bamboozling Again On Global Warming
Despite having been roundly denounced earlier this year for misleading Washington Post readers about global warming, George Will has waded back into the subject, calling in a new column for a “national commission to assess the evidence” on the issue.

Members Revolt Over Chamber’s “Extreme” Stance On Global Warming
Several major companies have quit the Chamber of Commerce, or distanced themselves from it, in recent weeks, thanks to the group’s “extreme” opposition to serious efforts to stop climate change.


The Tattlesnake — Beck to Run as GOP Veep in 2012? Edition

Posted in Main Blog (All Posts) on October 4th, 2009 4:37 am by HL

The Tattlesnake — Beck to Run as GOP Veep in 2012? Edition
Beck Says He’ll Be ‘Available’ for Republican V.P. Slot in 2012 But Presidential Candidate Must Meet His ‘Core Principles” By Don Van Vliet Special to the Times October 3, 2009 WASHINGTON – Controversial Fox News Channel talk show host Glenn Beck announced Friday evening that he would be “available” to any Republican Party presidential candidate in 2012 to “run with […]


Corruption in Kabul

Posted in Main Blog (All Posts) on October 4th, 2009 4:36 am by HL

Corruption in Kabul
A month ago, I referred to the “spooky parallels” between the Karzai government and the terminally corrupt Diem regime we found ourselves backing in Vietnam 50 years ago. Well today Peter Galbraith, the most experienced U.S. diplomat in Afghanistan was…



Sponsored Topics: AfghanistanKabulHamid KarzaiKai EidePeter W. Galbraith

Iran Breakthrough
It looks like President Obama may be on the verge of ending the standoff with Iran over its nuclear development program. This is from the New York Times: “Iran agreed on Thursday in talks with the United States and other…


Sponsored Topics: IranUnited StatesBarack ObamaMiddle EastThe New York Times Company


Jindal turns down $300 million in stimulus funds for high-speed rail.

Posted in Main Blog (All Posts) on October 4th, 2009 4:35 am by HL

Jindal turns down $300 million in stimulus funds for high-speed rail.
In response to President Obama’s national address in February, Louisiana Gov. Bobby Jindal pointedly went after stimulus funding for high-speed rail projects as “wasteful spending.” But in August, state officials began drafting plans to request $300 million in stimulus funds to develop a high-speed rail between Baton Rouge and New Orleans. An official in […]

Gov. Bobby Jindal In response to President Obama’s national address in February, Louisiana Gov. Bobby Jindal pointedly went after stimulus funding for high-speed rail projects as “wasteful spending.” But in August, state officials began drafting plans to request $300 million in stimulus funds to develop a high-speed rail between Baton Rouge and New Orleans. An official in the state Department of Transportation and Development called the project “a very valuable economic incubator.” The plan had the backing of Louisiana legislators such as Rep. Anh “Joseph” Cao (R), who was pressing Jindal to request the money. Jindal, however, let the midnight Friday deadline pass, allowing his right-wing ideology to win out:

Jindal aides have said the administration is not applying because of concerns about the project’s ongoing costs. They said the state would incur an annual $18 million bill to run the rail system once it became operational. […]

But U.S. Rep. Anh “Joseph” Cao, R-New Orleans, on Friday called on Jindal to apply for the money. Since all U.S. taxpayers will foot the bill for the stimulus spending, Cao said, the state’s elected officials should see that Louisiana gets its fair share. “It’s our duty to obtain as much as we can to rebuild this region,” Cao said at a news conference at his city’s train station.

He acknowledged “a real concern” about the state’s responsibility for paying the annual costs, but said the overall project would be “an $180 million win for the state of Louisiana.”

Earlier on Friday, Cao had still been optimistic that Jindal would file application for the funding, which was all ready to go. “We’re counting on his leadership in this goal to go beyond any party lines and do what’s right for Louisiana,” Cao said.

Following the release of ?Capitalism,? Rep. Gutiérrez will introduce legislation to curb ?dead peasants insurance.?
Yesterday, Michael Moore’s newest film, “Capitalism: A Love Story” was released in more than 1,000 theaters nationwide. One of the issues that Moore looks at is “dead peasants insurance,” where companies take out life insurance policies on their employees without their knowledge and then cash in when they die. Chicago Public Radio reports that Rep. […]

guiteretzYesterday, Michael Moore’s newest film, “Capitalism: A Love Story” was released in more than 1,000 theaters nationwide. One of the issues that Moore looks at is “dead peasants insurance,” where companies take out life insurance policies on their employees without their knowledge and then cash in when they die. Chicago Public Radio reports that Rep. Luis Gutiérrez (D-IL) will introduce legislation that will curb the ability of employers to take out these insurance policies:

Rep. Luis Gutiérrez (D-Chicago) is raising a red flag. He chairs the U.S. House Subcommittee on Financial Institutions and Consumer Credit.

This week Gutiérrez introduced a bill that would ban employer-owned life insurance unless the worker earns at least a million dollars a year from the company. He presented the legislation Wednesday on the House floor.

“In a nation where millions of full-time workers have no health insurance, maybe if we can prevent companies from betting on the death of their employees, they’ll invest in the health of their employees,” Gutierrez told Chicago Public Radio.


Justices Roberts, Alito to Have New Visibility in High Court

Posted in Main Blog (All Posts) on October 4th, 2009 4:34 am by HL

Justices Roberts, Alito to Have New Visibility in High Court
With three new members in the past four years and the prospect of more change ahead, the Supreme Court led by Chief Justice John G. Roberts Jr. commences this week what could be a transformative term.

The Washington Post Profiles R. Creigh Deeds
Creigh Deeds was stammering, as is often his way when trying to explain a change in one of his political positions. He indicated that he felt conflicted over a stance, not the first time during his campaign for Virginia governor. “I’m not certain I would do that again,” he said.

N.J. Debate Reveals Weaknesses Of Incumbent, Main Challenger
TRENTON, N.J . Thursday’s first debate in the fiercely contested New Jersey gubernatorial campaign more than lived up to expectations. The 90-minute encounter not only showed why Democratic Gov. Jon Corzine is in so much trouble, it also underscored the obstacles that still lie in the path of Rep…

Evan Thomas Reviews Taylor Branch’s “The Clinton Tapes”
Like the Clinton presidency, Taylor Branch’s book is promising, often engaging, yet ultimately a little disappointing.



Who Will Save GOP From Intellecutal Bankruptcy?

Posted in Main Blog (All Posts) on October 4th, 2009 4:30 am by HL

Who Will Save GOP From Intellecutal Bankruptcy?
Jacob Weisberg, Slate

Why People Like Palin
Raphael Alexander, National Post

Where’s Hollywood on Healthcare?
Lee Siegel, The Daily Beast

The Agony of Obama’s Defeat
Josh Gerstein, Politico

Alan Grayson: The Left’s New Star
Alex Koppelman, Salon