2010 August 26 - The Hollywood Liberal

Archive for August 26th, 2010

The ignorance factor: Obama, religion and the media

Posted in Main Blog (All Posts) on August 26th, 2010 4:37 am by HL

The ignorance factor: Obama, religion and the media
The chilling chunk of people who believe Barack Obama is a Muslim has caused some serious soul-searching in the news business.

Religion – Barack Obama – United States – President – History

McCain wins renomination, novice shines in Fla.
WASHINGTON — Veteran Sen. John McCain sailed to nomination for a fifth term Tuesday over an Arizona challenger with tea party support, but big-spending political novice Rick Scott beat an insider in Florida’s Republican gubernatorial primary as voters split on the merits of establishment candidates…

United States – John McCain – Republican – Government – President

Alaska primary election results 2010
Alaska Sen. Lisa Murkowski (R) appeared to be at risk of becoming the third Senate incumbent ousted in a primary this cycle as her underfunded challenger, attorney Joe Miller, took a stunning and unexpected lead in the race early Wednesday.

Alaska – United States – Sarah Palin – Republican – Joe Miller

Arizona primary election results 2010
In Arizona, Sen. John McCain trounced former Rep. J.D. Hayworth in the state’s Republican primary, a victory that virtually ensures the 2008 GOP presidential nominee will return to the Senate for a fifth term next year.

Arizona – United States – Politics – Elections – Republican

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CBO: Stimulus Package Boosted the Economy

Posted in Main Blog (All Posts) on August 26th, 2010 4:31 am by HL

CBO: Stimulus Package Boosted the Economy

Rep. Boyd Narrowly Beats Primary Challenger

Bond Market Bulls Thumb Their Noses At Gross
David Pauly, Bloomberg
Five months ago Bill Gross, who runs the world's biggest mutual fund at Pacific Investment Management Co., declared that the 30-year bull market in fixed-income securities was over.Nobody questioned him. After all, Gross's Pimco Total Return Fund has been successful enough to attract $239 billion.No one paid much attention either.

Why Businesses Aren’t Hiring
John Stossel, RealClearPolitics
“Corporate profits are soaring. Companies are sitting on billions of dollars of cash. And still, they've yet to amp up hiring or make major investments.” So writes The Washington Post about the recession's stubborn refusal to go away. The statisticians at the National Bureau of Economic Research declared the Great Recession over — but tell that to people who can't find jobs. Today, businesses replace equipment and inventory, but they are reluctant to hire new workers. Investment that does occur aims at replacing the use of labor by adopting advanced technology. In a…