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Friday Afternoon News Roundup

Friday Afternoon News Roundup

Remember that Barack Obama is a communist. Or did they say he was a socialist? Whatever. He is bad for business. The Dow Jones industrial average, however, briefly topped 15,000 for the first time ever.

The new job numbers are out for April. The unemployment rate is 7.5%. The economy gained 165,000 jobs in April. The Economic Policy Institute has more.

As long as I’m talking about the economy, I saw this interesting bit of data about home prices skyrocketing in Las Vegas.

For some reason (and maybe you have to be a Conservative to understand it) Conservatives continue to jump up and down about Benghazi. Fox News continues to try to make this into some Watergate scandal, but there’s no therethere.

One of the cool things about tracking down the Boston Marathon bombers is that they stole a Mercedes ML 350 SUV with mbrace technology. This made the car incredibly easy to track and allowed the Boston police department to close in on the suspects. Kind of cool. (more…)

By |2013-05-04T21:48:58-04:00May 3rd, 2013|Civil Rights, Economy, Mass Shooting|Comments Off on Friday Afternoon News Roundup

Wednesday Morning News Roundup

Wednesday Morning News Roundup

I really don’t understand how a twitter account can get hacked. Specifically, a twitter account of a major news outlet like the Associated Press. How does this happen? The results could have been really, really catastrophic. Yesterday, the Associated Press mistakenly tweeted that the White House was bombed. Wall Street went berserk. Even if it were for a short period of time, this could’ve been a real problem.

Dow Jones industrial average yesterday

Late last week, I was having lunch with my brother and my sister in Dallas. Our waitress was one of those smiley, bubbly twentysomethings who was very pleasant. After small talk and reviewing the menu, she decided that she could “talk” to us. She then launched into the fact that she belonged to some group that is fighting abortions. She stated that the media was not covering the fact that there was some doctor who is performing late-term abortions “legally.” She also said that ObamaCare was going to cover late-term abortions. Well, she was half right. There was a doctor who was performing late-term abortions. He was not doing this legally. The media really wasn’t covering the story until recently. Doctor Kermit Gosnell is currently on trial for several counts of murder. If he did half of what he’s been accused of, he deserves to be locked away for a very long time. As far as the waitress’s other allegation that ObamaCare covers late-term abortions goes, she was wrong.

Many people are currently still trying to digest all of the news that happened last week. They are looking at the Boston Marathon bombings as well as the fertilizer plant explosion in West, Texas. Which disaster was worse? I’m not gonna play the equivalency game here. Instead, what I will say is that the explosion in West, Texas, I believe, will be found to be 100% preventable. I believe this will turn out to be a problem with adequate regulations that are poorly enforced. I believe that we will find out that what happened in West, Texas is probably happening in hundreds, if not thousands, of small towns throughout the United States. These small towns are 100% dependent upon these companies because these companies hire a quarter to 50% of the town’s occupants. Industry, not just the fertilizer industry, has been lobbying for years to weaken or remove necessary legislation, complaining that these rules are overly burdensome and expensive.

This is an interesting case surrounding the FBI’s probably investigation of the wrong man in 2011.

 

By |2013-04-24T19:37:51-04:00April 24th, 2013|Economy, Terrorism|Comments Off on Wednesday Morning News Roundup

Monday Night News Roundup

jobs

Jobs. We need MORE Jobs

News Roundup

We received surprising job numbers last Friday. The unemployment rate dipped to 7.7%. The economy hired 236,000 workers last month. I will continue to argue that we have to do better. Over 9 million Americans are still out of work. We need to create 9 million jobs just to get back to where we were in 2007. These jobs numbers are good, but we need better. Also, this jobs report comes out before the cuts of the sequester. I suspect, over the coming months, these jobs numbers will begin to fall.

Just a couple days ago the Dow Jones Industrial Average hit a new high. Remember as you’re reading this that Republicans have told us that Obama is bad for Wall Street and bad for business. (Psst, corporate profits are up.)

Washington, like a punch drunk fighter, keeps swinging at the wrong target. Deficits are not the problem. The problem is a lack of jobs. The problem is a stagnant wage. The biggest problem in the United States is the fact that the middle class is drowning in quicksand. They are simply not getting ahead. Until we fix this problem, America is going to be stagnant. (more…)

By |2013-03-12T18:47:39-04:00March 12th, 2013|Economy, Obama administration, Party Politics, Sports, Terrorism|Comments Off on Monday Night News Roundup
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