Central Banks Move to Spur Economy on 3 Fronts - NYTimes.com

Central Banks Move to Spur Economy on 3 Fronts - NYTimes.com:
WASHINGTON — Concerned about waning economic growth, central banks in Europe and China announced measures Thursday to increase borrowing and spending by businesses and consumers, a response that was all the more striking because it was uncoordinated.


Three major central banks announced policy changes in the space of an hour. China’s central bank unexpectedly cut regulated bank lending rates for the second time in four weeks. The European Central Bank cut its benchmark interest rate to 0.75 percent, the lowest level in its 14-year history. And the Bank of England announced it would expand its holdings of government bonds by about 15 percent.

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Weekly United States Defense Contracts Spending - Business Insider

Whatever BI!  This is how we spend.  If everyone who was unemployed had a Defense sector job we would be overflowing with jobs in this economy.

Weekly United States Defense Contracts Spending - Business Insider: "Stuck indoors due to the oppressive heatwave sweeping the nation, the Department of Defense spent more than $9.2 billion in a mere four days. That's up from $4 billion the week before.
But we did our best to find the most compelling contracts of the 90 that were concluded in the first week of July, to see where the money went. "

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Obama for America TV Ad: "Firms"

I really like this commercial.  (It’s similar to an idea I had.)  I think if the feedback on this commercial is positive we’ll see an updated version produced and released later.  Also, I believe Mitt commented on the Cayman accounts; a blurb with his voice in it would be extremely effective. 

The reason why this commercial works is because of that singing to a Florida crowd.  There is nothing like someone torturing a patriotic song that irritates people – think Roseanne Barr and the National Anthem at that baseball game.  Although Gov. Mitt was ingratiating himself to the crowd it was out of tune and seemed as if he was being obsequious to the older I-4 crowd.    

 

Limbaugh: African-Americans "Thought A Whole Bunch Of Getting Even" Was Going To Happen Because Obama Was Elected | Video | Media Matters for America

If you're a bigot and you know it clap your hands.


Limbaugh: African-Americans "Thought A Whole Bunch Of Getting Even" Was Going To Happen Because Obama Was Elected | Video | Media Matters for America: "Limbaugh: African-Americans "Thought A Whole Bunch Of Getting Even" Was Going To Happen Because Obama Was Elected"

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Romney Used His Bermudan Company to Invest in Chinese Outsourcing - Politics - The Atlantic Wire

Romney Used His Bermudan Company to Invest in Chinese Outsourcing - Politics - The Atlantic Wire: "Brookside Capital Partners Fund, a Bain affiliate, purchased a six percent stake in Global-Tech Appliance, an appliance manufacturer based in China in 1998. Brookside had Mitt's name listed as the "sole shareholder, sole director, President and Chief Executive Officer of Brookside Inc. and thus is the controlling person of Brookside Inc." Mother Jones estimates the size of the initial investment at $14.2 million. Global-Tech made appliances for American companies like, "Hamilton Beach, Mr. Coffee, Proctor-Silex, Revlon, and Vidal Sassoon." By the end of 1998, Brookside and Sankaty High Yield Asset Investors LTD, Romney's Bermudan investment fund, both owned pieces of Global Tech. Both Brookside and Sankaty sold their stake in Global-Tech in 2000 after Romney left Bain to work for the Salt Lake City Olympics. "

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State contractors funneled $150G to Romney campaign - BostonHerald.com

State contractors funneled $150G to Romney campaign - BostonHerald.com: "Former Massachusetts Gov. Mitt Romney’s administration approved nearly $500 million in Bay State contracts from 39 companies that funneled more than $150,000 to his gubernatorial campaign and the Republican Governors Association — even though he’s slammed President Obama for providing loan guarantees to the ill-fated Solyndra in exchange for political donations."

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Mayor Emanuel on growing Chicago

Gun Crimes in Chicago

 

Chicago is in the grips of a deadly gang war. At least 275 people have been killed in the city so far this year and many more have been shot, many of them innocent bystanders to the gang violence. Among the latest victims were 12- and 13-year-old girls shot Tuesday night. They survived.

Sgt. Matt Little leads one of the teams in Chicago's Gang Enforcement Unit. There are about 200 such officers in the city-- versus 100,000 gang members.

"Almost all the violence we're seeing now is from the gangs," Little said. "When there's a shooting we'll respond to the shooting. We'll figure out where we believe the most likely area for retaliation is and we'll work that area trying to both prevent retaliation and possibly build a case on offenders."

OBAMA: The Government Jobs Slayer - Business Insider

OBAMA: The Government Jobs Slayer - Business Insider: "Little known or distributed fact: President Obama is a government job slayer.  That’s right.   When compared to both GW Bush and Bill Clinton, President Obama is absolutely crushing the size of the government workforce.  While Presidents Bush and Clinton added well over 500,000 government jobs during their first terms, President Obama has cut more than 500,000. "

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From the Department of Unfortunate Flashbacks: Mitt Romney spins bad jobs numbers : The Reid Report

From the Department of Unfortunate Flashbacks: Mitt Romney spins bad jobs numbers : The Reid Report:

"Thomas Roberts played this for an RNC spokesman this morning and got a genuine o_O face out of him. So let’s travel back to 2006 shall we? Mitt Romney was governor of Massachusetts, preparing to (not) run for a second term, and trying to explain a less than stellar jobs report…"

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