Los Angeles Times: Lackluster spending on clothes, cars, legal services and most everything else has left California’s economy listless, just about guaranteeing that the state’s 10.1% unemployment in January will march upward until at least the end of the year, economists predicted. The Golden State lost 79,300 payroll jobs in January, pushing the monthly unemployment rate to its highest level since June 1983, when the country was starting to recover from a deep recession.”
Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002
Daily Archives: February 28, 2009
Remarks of President Barack Obama Weekly Address
Remarks of President Barack Obama Weekly Address Saturday, February 28, 2009 Washington, DC: “In the Weekly Address this morning, President Obama explains how the budget he sent to Congress will fulfill the promises he made as a candidate. On fiscal responsibility, a fair tax code, a clean energy economy, real health care reform, and education,… Continue Reading
Economic Downturn Creates Especially Hard Times for Horses in America
Hard Times for Horses: “According to Dr. Tom Lenz, a veterinarian who is the chairman of the Unwanted Horse Coalition, although the elimination of domestic slaughterhouses has reduced the total number of horses killed, 100,000 to 150,000 are still exported for slaughter each year. So we know theyre unwanted, he said. America needs a wake-up… Continue Reading
TIME: How to Know When the Economy Is Turning Up
How to Know When the Economy Is Turning Up: “The economy stinks. GDP fell 3.8% last quarter and experts believe the decline this quarter will be even worse. But recessions don’t last forever, and we’ll be coming out of this one long before official statistics say so. That’s just the way it works. Most economic… Continue Reading
Homeland Security Secretary Proposes Increase in Spending for Domestic Surveillance Programs
EPIC: “Homeland Security Secretary Janet Napolitano testified before the House Committees on Homeland Security, and said that DHS plans to connect governmental databases containing personal information, expand the government’s employment tracking system, promote passenger screening, use e-passports, employ watchlists and utilize contactless identity verification cards. EPIC has opposed Fusion Centers, the E-Verify program and the… Continue Reading
Pew: U.S. Religious Landscape Survey
“March is Women’s History Month. A new analysis of data from the U.S. Religious Landscape Survey, conducted by the Pew Research Center’s Forum on Religion & Public Life, finds that women are more religious than men on a variety of measures.” Continue Reading
Warren Buffett's Letter to Berkshire Shareholders
WSJ: Berkshire Hathaway Reports Worst Year Ever Warren Buffett’s Letter to Berkshire Shareholders, February 28, 2009: “As the year progressed, a series of life-threatening problems within many of the worlds great financial institutions was unveiled. This led to a dysfunctional credit market that in important respects soon turned non-functional… By the fourth quarter, the credit… Continue Reading
TIME: 25 People to Blame for the Financial Crisis
“TIME’s picks for the top 25 people to blame for the financial crisis [scroll to bottom of page and click on named individual] includes everyone from former Federal Reserve chairman Alan Greenspan and former President George W. Bush to the former CEO of Merrill Lynch and you the American consumer.” Also in TIME: The… Continue Reading
Upcoming Hearing: Getting to the Truth Through a Nonpartisan Commission of Inquiry
News release: “Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.) has announced three witnesses for a hearing scheduled Wednesday, March 4, on Getting to the Truth Through a Nonpartisan Commission of Inquiry. Leahy has proposed establishing a nonpartisan commission to examine past national security policies. Leahy has invited three witnesses to testify at the hearing: Thomas… Continue Reading
