Employment numbers today were a disaster
America Blog Jul 02 09The nitwits of CNBC strike again with their "recession is over" shtick. That team wouldn't have a feel for the real world if it bit them in the bottom. Actually it did and they still have no idea. A few more tough months still to come, unfortunately. We will get there and turn this around but not overnight. Employers cut 467,000 jobs in June, far more than expected, while the unemployment rate rose to 9.5 percent, the government said on Thursday in a report that showed a labor market continuing to struggle with a deep recession.The June job losses were more than 100,000 greater than the 363,000 consensus of Wall Street economists polled by Reuters and broke a four-month trend of moderation in job losses. Full story...
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THIS JUST IN: Dems have over 218 votes for health care reform in House
America Blog 4 hours agoA well-placed congressional source tells me the Democrats now have over 218 votes to pass health care reform.
Brand USA takes the top spot
America Blog 4 hours agoBush leaving and Obama arriving certainly makes a difference. Reuters:
The United States was seen as the ideal place for business, one of the top places for families, shopping and quality products, as well as one of the countries people wanted to visit whether for the first time or again.
And even more bank closings
America Blog 6 hours agoSilly bankers. They should have sold out to one of the big players on Wall Street. They would still be in action and flush with cash.
Unemployed and underemployed hits 17.5%
America Blog 8 hours agoIt's probably the worst jobs market since the Great Depression. The Obama administration continues to buy into the Geithner/Summers/Wall Street view of the world which puts Wall Street above everyone else at the expense of everyone else.
House health care vote probably at 9pm, final vote
America Blog 10 hours agoA friend in the House tells us that the final vote is expected around 9pm Eastern tonight. You can follow more updates on the health care twitter feed at http://twitter.
Are the teabaggers getting ready to disrupt the House health care debate?
America Blog 12 hours agoFrom a friend, watching the Teabaggers on a live stream:
I'm watching Steve King's "house call" tea party rally streaming online.
Krugman: Obama faces his own Anzio
America Blog 13 hours agoAnother great read by Paul Krugman. Obama's cautious approach to the economic crisis may lead the way for Democratic losses in 2010.
Male GOP House members try to block women from speaking
America Blog 15 hours ago A group of male GOP House members, just tried to repeatedly block a group of female Democratic House members from speaking on the House floor.
Even as Dioceses file bankruptcy over sex abuse cases, Catholic Bishops threaten to undermine health insurance reform
America Blog 17 hours agoNot happy with just ruining the lives of same-sex couples in Maine this week, the Catholic Bishops are trying to bring down health insurance reform in the House over the abortion issue.
Moldy Peaches
America Blog 21 hours ago So much great music from the Juno soundtrack and I love Kimya Dawson. It's the perfect tune for getting started on a lazy Saturday morning.
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