Still at the Front End of Recession
Posted in Main Blog (All Posts) on October 5th, 2011 4:31 am by HL
Still at the Front End of Recession
Larry Kudlow, Investor’s Business Daily
The stronger-than-expected ISM manufacturing-index reading for September might normally suggest that the economy, at least for now, has dodged a recession bullet. After zero jobs and zero real consumer spending in August, which put the stalled economy on the front end of recession, the ISM number is the first major September reading.But economist Michael Darda says hold the applause: Inside the ISM, new orders and order backlogs either flat-lined or declined and remain below 50 — the DMZ recession marker on the index.Darda believes weak data in the U.S., plus the ongoing European crisis,…
Could Christie Be the GOP’s Guy?
Obama Bets on 50-State Strategy for 2012 Win
Jeff Mason, Reuters
While Republican presidential candidates target early-voting states, President Barack Obama's team is laying the groundwork for a 50-state campaign strategy it hopes will secure another White House win in 2012.From the traditional “swing” states of Florida and Ohio to a typically Republican-leaning states like Arizona and Georgia, Democrat Obama's political supporters are opening offices, engaging voters and rallying volunteers to create a nationwide network, even in areas unfriendly to their candidate's cause.
Jobless Moment: Now There Is a Card for Every Occasion
Cain Piggybacks on Perry Smear & Obama Debate Lie
Rush Limbaugh
I'm gonna tell you, this is really disappointing to me. Herman Cain. I liked Herman Cain — like Herman Cain. The Washington Post has it as a Macaca story about Rick Perry. Apparently back when Rick Perry was a Democrat…There's this woman at the Washington Post who's written a story that, with traditional journalism, wouldn't even pass the first review by an editor. But apparently back in the eighties when Perry was a Democrat, he and his dad would go hunting at someplace and there is a rock that had the N-word on it that somebody had painted over.