Tag Archives: muammar

Thursday Evening News Round Up

Been travelling today.

College grads are losing ground on wages. This isn’t good. We need higher wages, living wages for everyone.

Prolonged unemployment is causing and will continue to cause long lasting damage to our society. Everyone is affected. Everyone!

I don’t get it. If children are our future and we, all, believe that children are the foundation of tomorrow then why are we short changing the most important gift that we can give to our children – their education?

BTW, I don’t care if the president backed down on when he would schedule his speech to Congress. I really don’t. We need jobs now. Not tomorrow or next week. Why couldn’t the Republican candidates debate an hour later or two hours earlier? Why couldn’t the president give his speech today and not next week? I don’t care about these macho contests. I care about jobs. Tomorrow we will have another jobs report. I suspect that this is going to be mediocre – with 60,000 – 75,000 jobs added. We need 10 times that much every month for more than two years in order to put 25 million workers (unemployed and underemployed) back to work in jobs that they want at wages that can truly support them. Shame on the media for pushing this non-story and why isn’t the media showing us a daily segment entitled – JOBS???!?!?

 

Vermont and Connecticut are still struggling with recovery.

For some reason auto sales went up last month. Who would have thunk? I’ll take any economic good news.

From PA:

Libya: “The transitional government of Libya’s triumphant rebels decided Thursday to extend by up to a week the deadline given to Col. Muammar el-Qaddafi and his remaining fighters to surrender, but the fugitive leader rejected the ultimatum and raged at his enemies in a new broadcast that called for the country to be ‘engulfed in flames.’”

Better, but still too high: “Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 409,000, the Labor Department said, still pointing to a jobs market struggling to find strength, but well short of a recession signal.”

Iraq: “Under increased pressure from the United States, an Iraqi crackdown on Iranian-backed Shiite militias has helped produce a previously elusive goal: For the first time since the American invasion of Iraq, an entire month has passed without a single United States service member dying.”

Maybe someone should do something: “The Obama administration downgraded its forecast for economic growth Thursday, predicting turmoil in the economy will likely keep unemployment above 9 percent through next year’s election.”

* On the other hand, the federal budget deficit will run “20% lower than expected this year.” Tea Partiers will be celebrating the Obama administration’s progress on deficit reduction, right?

Counter-terrorism: “On a steady slide. On the ropes. Taking shots to the body and head. That’s how White House counterterrorism chief John Brennan described al-Qaida on Wednesday as he offered the first on-record confirmation that al-Qaida’s latest second-in-command was killed last week in Pakistan.”

* The White House’s new “We The People” online petition initiative looks pretty good.

Monday Night’s News Roundup

From PA (I inserted some good stuff, I couldn’t help myself):

  • Libya: “Col. Muammar el-Qaddafi remained at large Monday, and loyalist forces still held pockets of the city, stubbornly resisting the rebels’ efforts to establish full control, but there was little doubt that the Libyan leader’s four-decade grip on power was ending.”
  • The Gaddafi regime is collapsing sooner than anticipated, forcing Western countries to scramble to put together post-conflict plans for Libya.
  • Egyptian/Israeli tensions reach their highest point in three decades: “Diplomats scrambled to avert a crisis in relations between Egypt and Israel on Saturday, and the Israeli government issued a rare statement of regret for the killing of three Egyptian security officers by an Israeli warplane.”
  • Iran: “Two American hikers imprisoned in Iran for more than two years have been convicted of espionage and sentenced to eight years in jail, according to a news reports.”
  • The world probably didn’t need an easier way to enrich uranium, but General Electric has developed a successful new laser-enrichment technique.
  • President Richard M. Nixon started a radical program to control inflation on this date in 1971. Wage and price freeze. It sort of worked.
  • The Keystone XL pipeline, which would “carry diluted bitumen — an acidic crude oil — from Canada’s Alberta tar sands to the Texas Gulf Coast,” is generating controversy.
  • Juan Cole has an interesting item noting the “top 10 myths” about the war in Libya.
  • A long-awaited memorial honoring the Rev. Martin Luther King Jr.opened to the public today, near the Washington Mall.
  • Not suspicious at all: “The e-mail accounts of Rick Scott and most of the governor-elect’s transition team were deleted soon after he took office, potentially erasing public records that state law requires be kept.”
  • Rick Perry wrote this very extremist book and now people are saying him about it. It seems that he doesn’t like or believe the ideas in the book which he wrote.
  • This whole economy has me worried.
  • Gas prices look like they are going to fall for the next several months. That’s good news.
  • Something’s wrong with this picture: “[T]he total cost of tuition, room, and board at Amherst College, for instance, is $53,370 a year. Even relatively affluent people can’t easily manage to shell out $53,000 at one time. And so Amherst uses a company called Tuition Management Systems to help make tuition payments more affordable. But TMS charges a 2.99 percent fee for every credit charge transaction. That’s $1,595 a year.”
HP just killed the TouchPad and WebOS
  • For those who believe that business always gets things right, I present to you HP’s touchpad. HP had the pad market and did little if anything with it for years. They bought Compaq and Palm several years ago and Compaq had those little devices that were almost useful. The iPad comes out of nowhere. Apple kicks everyone’s butt. HP retools. They rework the OS and present a flop. I don’t understand how you spend all of that time and effort and come out with garbage. Engadget said it best, “Oh, happy day, when one first receives a device that’s been eagerly anticipated for months. Sad, sad day when that device fails to live up to one’s expectations. We all wanted the TouchPad to really compete, to give us a compelling third party to join the iOS and Android boxes on the ballot. But, alas, this isn’t quite it.”

Wednesday’s News Roundup

I’m simply running around like a chicken…you know the rest.

From Political Animal:

  • Escalation in Libya: “In a sudden, sharp escalation of NATO’s air campaign over Libya, warplanes dropped more than 50 bombs on targets in Tripoli on Tuesday, obliterating large areas of Colonel Muammar el-Qaddafi’s Bab al-Aziziya command compound.” (Ed. note – I thought that we weren’t targetting Gaddafi? I’m just askin’.)
  • Congress won’t act, and the Fed doesn’t want to: “Federal Reserve Chairman Ben Bernanke conceded that the economic recovery is ‘frustratingly slow’ for millions of unemployed Americans, but threw cold water on the notion that the central bank can be a cure-all for the economy’s ills.”
  • On the other hand, Bernanke expects stronger growth in the second half of 2011, as Japan recovers and gas prices come down. (Ed note: I truly get uncomfortable when the Fed Chairman has to hope that gas prices will stabilize.)
  • President Obama believes the economy has to “accelerate,” but he rejected the notion of a double-dip recession.
  • Pelosi wants an investigation into the Weiner controversy: “In a letter to Ethics Committee Chairman Rep. Jo Bonner (R-Ala.) and Rep. Linda Sanchez (D-Calif.), the ranking Democrat on the committee, Pelosi (D-Calif.) said an investigation of Weiner is needed due to ‘inappropriate’ conduct. “ (Others have called for Weiner to stepdown including me.)
  • I hope this doesn’t mean the end of the White House White Board: “Austan Goolsbee, a longtime adviser to President Obama and the only economist left on his core economic team, plans to leave as chairman of the Council of Economic Advisers by September after a year in the job to return to the University of Chicago.”
  • The story of the Catherine Ferguson Academy in Detroit, which is now closing, is just heartbreaking. Austerity in America. (ed note: This is more than sad. It is poke in the eye of those Americans who have made a mistake and are trying to get back on the right track.)
  • The Washington Post fact-checker said President Obama exaggerated a bit in his recent remarks about the auto industry. Given the details, I’m glad the White House fact-checked the fact-checker.
  • Figuring out how much college costs should be much easier.
  • Andy Sabl has a smart post about why the right offers mixed messages on Europe: “It’s all about the secularism.”
  • Yes, Lieberman can get even worse: “Sen. Joseph Lieberman (I-Conn.) plans to attend a Glenn Beck rally in Jerusalem.”
  • On a related note, Glenn Beck plans to charge his minions $5 to $10 a month to watch his online network, which will be the exclusive home of his talk show. Prediction: this will end badly.
  • And George W. Bush’s $2.5 trillion in tax cuts were launched exactly 10 years ago today. One of these days, they’re bound to deliver the rewards Republicans promised at the time, right?