Your Local Tea Party Connection
If my people pray
Economy
Unemployment Increases to 9.6%
“President Barack Obama, who has pushed Congress to support more job-creating measures, plans to speak Monday at the Milwaukee Laborfest. In addition to a small business bill languishing on the Hill, the administration is coming up with new ideas to promote job growth.”… A small business bill? Let’s cut government waste and cut taxes,... »
Problem bank list climbs to 829
“The governments list of troubled banks hit its highest level since 1993 during the second quarter, although the pace of growth continued to slow, according to a government report released Tuesday.The number of banks at risk of failing rose by 53 to 829, the Federal Deposit Insurance Corp. said in its quarterly survey of... »
Banks back switch to renminbi for trade
“With renminbi trade settlement volumes expected to increase rapidly, banks are under pressure to establish a foothold in the nascent market and demonstrate to Chinese officials that they are committed to the scheme.”… Get ready for a major weakening of the US Dollar. If no one wants the dollar, how will we continue to... »
Obama had facts wrong about visit here
“Background information the White House provided before the president’s visit didn’t identify the stimulus bill as the source of funding for the work, but it said the architectural firm that Weithman runs “was able to keep two of their employees that otherwise would have been laid off due to work on a police station... »
US Homeowner Confidence Drops in Second Quarter – CNBC
“This is part of the reason Ziller is forecasting an L-shaped recovery in which home values, once they hit bottom, would experience very low annualized appreciation for the next three to five years, he said.”… We all live in Obamaville now. Nonetheless, falling or stable housing prices represents the opposite of inflation. Are the... »
Weekly Jobless Claims Post Surprise Jump, Hit 500,000
“Analysts polled by Reuters had forecast claims slipping to 476,000 from the previously reported 484,000 the prior week, which was revised up to 488,000 in Thursday’s report.”… The New Freedom or the New Deal… The fact is that these feel good tyrannical systems don’t work...Weekly Jobless Claims Post Surprise Jump, Hit 500,000 – CNBC. »
Join the Campaign to Hold Wall Street and Our Elected Officials Accountable
“Will you make sure that banks immediately pay the taxes they owe on foreclosed properties?”… The new California “Acorn” know that when you have your prey cornered you pounce. Other than completely ignoring that the Government’s policies and regulations cause the crisis, they do bring up a couple of interesting points. Do the banks... »
Obama Administration to Provide $3 Billion in Housing Aid
“Also receiving money are Michigan, $129 million; Georgia, $127 million; North Carolina, $121 million; New Jersey, $112 million; Indiana, $83 million and Tennessee, $81 million. Alabama is due to receive $61 million, South Carolina, $59 million; Kentucky, $56 million; Oregon, $49 million; Mississippi, $38 million; Nevada, $34 million; Rhode Island, $14 million; and Washington, D.C.,... »
East Point begins taking housing applications early
“An estimated 30,000 people suffered through hours in the hot sun, angry flare-ups in the crowd, and lots of frustration and confusion for a chance to receive a government-subsidized apartment.”… This kind of socialistic reliance on the government is appalling. How can it be that Americans are on the dole so bad that the... »
Fed Looks to Spur Growth by Buying Government Debt
“The weak job market has inhibited growth in consumer spending, which accounts for about 70 percent of the economy. Such expenditures rose at a 1.6 percent pace last quarter, down from a 1.9 percent rate in the previous three months that was smaller than previously estimated.”… Two things. First, the headline is nonsensical. Growth... »
REPEAL OBAMACARE PETITION
Will you vote for Lugar again?
CCOM IS NON-PARTISAN
