RealClearMarkets: The June “Jobs” report issued by the Bureau of Labor Statistics (BLS) on July 2 caused shock and dismay. Payrolls declined by 467,000 jobs, more than the 345,000 lost in May, and much more than the 363,000 that economists had predicted. The only reason that the reported unemployment rate rose by only 0.1 percentage [...]
TIME Magazine: When Alaska Governor Sarah Palin announced her intention to resign on July 3, many assumed there must be a looming scandal. Why else make the surprise announcement late in the afternoon before the July 4 holiday — the equivalent of a news black hole — in tones that varied from angry to anxious? [...]
LONDON (AP) – The surviving pages of the world’s oldest Christian Bible have been reunited—digitally. The early work known as the Codex Sinaiticus has been housed in four separate locations across the world for more than 150 years. But starting Monday, it became available for perusal on the Web at http://www.codexsinaiticus.org so scholars and other [...]
WASHINGTON (AP) – U.S. officials say Secretary of State Hillary Rodham Clinton plans to meet ousted Honduran President Manuel Zelaya this week. It would be the highest-level contact the Obama administration has had with Zelaya since he was deposed last week. Zelaya is expected in Washington on Tuesday following an unsuccessful attempt to return to [...]
FOX News: SEOUL, South Korea — A barrage of ballistic missiles that North Korea test-fired over the weekend may have included a new type of a Scud with an extended range and improved accuracy that poses a threat to Japan, a South Korean newspaper reported Monday. Pyongyang launched seven missiles into waters off its east [...]
WASHINGTON (AP) – Democrat Al Franken has arrived in Washington offering no jokes—just a promise that he is “ready to get to work.” The former Saturday Night Live performer and satirist made brief remarks after meeting with Senate Majority Leader Harry Reid on Monday. Franken is expected to be sworn in to the Senate on [...]
The New York Post: Gov. Paterson says he’s going to look into a legal theory offered by a Queens assemblyman that could bring an end to the five-week Senate logjam. In a letter to the governor released this morning, Democratic Assemblyman Michael Gianaris and a pair of government reform groups argue that a little-noticed section [...]
LONDON (AP) — World stock markets and oil prices fell Monday amid concerns that any recovery in the global economy will be a long, hard slog despite some encouraging U.S. economic data. In Europe, the FTSE 100 index of leading British shares closed down 41.37 points, or 1 percent, at 4,194.91, while Germany’s DAX declined [...]
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Politico: As much as both men might hate to admit it, Barack Obama has been very, very good to Mark Levin. Levin is living the talk-radio dream: His three-hour broadcast is aired on more than 150 stations to more than 5 million listeners a day. And he has the hottest subject in the world: Obama. [...]
Michael O’Leary, the chief executive of Ryanair Telegraph: Ryanair to make passengers stand The low-cost airline would charge passengers less on “bar stools” with seat belts around their waists. Michael O’Leary, the chief executive, has already held talks with US plane manufacturer Boeing about designing an aircraft with standing room. He is now seeking approval [...]
Fox News: A New York congressman says Michael Jackson was a “pervert” and calls on society to stop “glorifying” the late entertainer in a YouTube video. Rep. Peter King said Jackson — whom he called a “low-life” — is being glorified in the days after his death while society ignores the efforts, of teachers, police [...]
Washington Times: A Manhattan bankruptcy judge approved the sale of General Motors to the U.S. government on Sunday, saying it was the only alternative to closing down the storied Detroit automaker. The decision gives the Obama White House a second major victory in its drive to remake the U.S. auto industry by sponsoring the quick [...]
CAIRO (AP) – The Taliban confirmed on its Web site that it is holding an American soldier that the U.S. military had earlier described as possibly being in enemy hands. The report of the capture was last in a routine list of Taliban activities posted on the Web site. “It is to be said that [...]
Is the fix in with his sponsors?
“The federal picture is so bleak because the Obama administration is the most fiscally irresponsible in the history of the U.S.” Bloomberg: California’s Nightmare Will Kill Obamanomics: Kevin Hassett July 6 — Last week, we discovered that the state of California will gladly pay you Tuesday for a hamburger today. With California mired in a [...]
