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Nov 12, 2009 6 Comments ›› Erik Wong

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Nov 12, 2009 1 Comment ›› Erik Wong

Times Online: At least 37 BBC executives earn more than the Prime Minister, it was revealed yesterday, as the corporation disclosed the scale of its senior salaries for the first time. The broadcaster said that its 107 “most senior decision makers” earn £22 million a year and said that the disclosures made it the nation’s most transparent ...

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Nov 12, 2009 5 Comments ›› Erik Wong

FrumForum: At a gathering last night of intelligent young conservatives, I was defending the point that the TARP and some kind of fiscal stimulus had been absolutely essential last year – that otherwise the world economy might have plunged into Depression – and that conservative organizations like the Heritage were right and courageous to have supported ...

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Nov 12, 2009 6 Comments ›› Erik Wong

CBS: Pembroke, IL. - If you think the recession has hit hard where you live, consider the little Northern Illinois town where almost half the working age adults are out of work. It's called Pembroke. CBS2's Mike Parker reports. Imagine a community so deep in the hole, the government has fired the police force and closed ...

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Nov 12, 2009 1 Comment ›› Pat Dollard

Telegraph: Barrick shuts hedge book as world gold supply runs out Aaron Regent, president of the Canadian gold giant, said that global output has been falling by roughly 1m ounces a year since the start of the decade. Total mine supply has dropped by 10pc as ore quality erodes, implying that the roaring bull market of the ...

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Nov 12, 2009 1 Comment ›› Pat Dollard

McClatchy: WASHINGTON — As job losses continue to slow the nation's economic recovery, labor experts and economists are urging Congress and the Obama administration to boost funding for a little-known program that 17 states are using to avert layoffs and keep workers in their jobs. Mass layoffs of 50 or more employees claimed 278,000 jobs in ...

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Nov 12, 2009 2 Comments ›› Pat Dollard

Reuters: Gluskin Sheff economist David Rosenberg, formerly of Merrill Lynch, thinks the unemployment rate is going to at least 12 percent, maybe even 13 percent. Optimists, Rosenberg explains, underestimate the incredible damage done to the labor market during this downturn. And even before this downturn, the economy was not generating jobs in huge numbers. If he ...

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Nov 11, 2009 4 Comments ›› Erik Wong

Land Of The Free: More so than any other time in our history, Americans are beginning to believe there are no solutions to the many crises that we are experiencing. Even on a local level, which is often cushioned from the national difficulties of excess spending, a drastically increasing deficit and a larger percentage of our ...

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Nov 11, 2009 7 Comments ›› Pat Dollard

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Nov 11, 2009 2 Comments ›› Erik Wong

I meant what I said and I said what I meant. An elephant faithful, one hundred percent. Not a donkey, mind you. An elephant. The Washington Examiner: Perhaps you haven't heard about California's big screen television ban. This plan has been hatched by the unelected California Energy Commission, which will decide on Nov. 18 whether to ban ...

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Nov 11, 2009 4 Comments ›› Pat Dollard

Washington Times: An insurance plan championed by Sen. Edward M. Kennedy that would help elderly or disabled people avoid nursing homes ironically adds yet another sticking point to the comprehensive health care reform plans for which the Massachusetts Democrat fought through much of his career. The Community Living Services and Support (CLASS) Act is designed to help ...

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Nov 10, 2009 1 Comment ›› Pat Dollard

Politico: Senate Majority Leader Harry Reid (D-Nev.) doesn't have a health care bill, cost estimates or 60 votes to pass it - but he said Tuesday that he does expect to begin a floor debate next week on the legislation. Reid also said he will deliver a final bill to the president by Christmas, meeting the White ...

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Nov 9, 2009 7 Comments ›› Erik Wong

The New York Times: In an odd coincidence, the House debate on Saturday to overhaul health care took place on the third anniversary of the 2006 election that gave Democrats majority control after 12 years of Republican dominance. It fell to President Obama and to Congressional leaders to persuade those Democrats still sweating the final vote ...

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Nov 9, 2009 5 Comments ›› Pat Dollard

WASHINGTON (AP) - Don't look for the Senate to quickly follow the House on health care overhaul. A government health insurance plan included in the House bill is unacceptable to a few Democratic moderates who hold the balance of power in the Senate. They're locked in a battle with liberals, with the fate of President Barack ...

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Nov 9, 2009 2 Comments ›› Pat Dollard

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Nov 9, 2009 7 Comments ›› Pat Dollard

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Nov 6, 2009 4 Comments ›› Erik Wong

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Nov 6, 2009 7 Comments ›› Erik Wong

The Weekly Standard: Speaker Nancy Pelosi's office tells THE WEEKLY STANDARD that the speaker will not allow the final language of the health care to be posted online for 72 hours before bringing the bill to a vote on the House floor, despite her September 24 statement that she was "absolutely" committed to doing so. House members ...

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Nov 6, 2009 4 Comments ›› Erik Wong

WASHINGTON (Reuters) - The U.S. jobless rate unexpectedly jumped to a 26-1/2-year high of 10.2 percent last month, adding to pressure on the Obama administration to do more to tackle unemployment even as signs of recovery mount. The Labor Department said Friday that employers cut 190,000 jobs in October, more than the 175,000 markets had expected ...

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Nov 5, 2009 4 Comments ›› Erik Wong

American Thinker: President Obama, House Speaker Nancy Pelosi, and their Democratic followers in Congress have a rather draconian message for the private sector: Speak now, and we'll make you forever hold your peace. Up until a few weeks ago, America's health insurers were sheepishly on board with the Obama-Pelosi health care reform plan. Perhaps the industry ...

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Nov 5, 2009 Comments Off Erik Wong

Fox News: In addition to a six-month wait to qualify for the health insurance program, there's a more fundamental issue -- whether $5 billion set aside for the three-year program is enough. WASHINGTON - You're afraid your cancer is back, and a health insurance company just turned you down. Under the health care bills in Congress, you could ...

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Nov 4, 2009 1 Comment ›› Erik Wong

Wall Street Journal: WASHINGTON -- Republicans and Democrats began readjusting strategies as they sifted through the results of Tuesday's off-year elections for clues about how to gain ground in next year's nationwide Congressional campaigns. In the meantime, the debate in Washington on issues such as health care, climate change and immigration could be affected by the way ...

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Nov 4, 2009 Comments Off Erik Wong

ABC: Vast economic discontent marked the mood of Tuesday's off-year voters, portending potential trouble for incumbents generally and Democrats in particular in 2010. Still the gubernatorial elections in Virginia and New Jersey looked less like a referendum on Barack Obama than a reflection of their own candidates and issues. The gubernatorial elections in Virginia and New ...

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Nov 4, 2009 7 Comments ›› Pat Dollard

NY Post: CHRIS Christie’s gutsy win in New Jersey puts the arrogant big spender Jon Corzine in his place. But it is the election in Virginia that probably has more to say to marginal Democratic congressmen considering how to vote on health-care reform. Obviously, Christie’s victory is a body blow to Obama after Corzine outspent the Republican ...

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Nov 3, 2009 3 Comments ›› Pat Dollard

Fox News: Despite President Obama's goal of signing healthcare reform legislation this year -- one backed by assurances from congressional Democrats -- Senate Democratic leaders Tuesday subtly acknowledged that's not likely to happen as they started the delicate dance of walking back expectations. Putting the legislation together has proved exceedingly difficult, and most aides now say there ...

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