Archive for the 'Business News' Category

Boehner on GMA: To Create Jobs, Let’s Cut Spending & Stop The Tax Hike

Wednesday, September 8th, 2010

Boehner is Obama’s new punching bag? Seems like Obama will have to get in line behind George Stephanopoulos…

Oil Rig Explodes In Gulf of Mexico

Thursday, September 2nd, 2010

Coast Guard officials said they do not yet know if there is any type of leak associated with this explosion.
They said it was not actively producing product, but they will investigate whether there is any type of environmental impact.
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Ground Zero Victory Mosque May Get Public Financing

Friday, August 27th, 2010

(Reuters) - The Muslim center planned near the site of the World Trade Center attack could qualify for tax-free financing, a spokesman for City Comptroller John Liu said on Friday, and Liu is willing to consider approving the public subsidy.
“If it turns out to be financially feasible and if they can demonstrate an ability to [...]

Voters Now Trust Republicans More On All 10 Key Issues

Thursday, August 26th, 2010

Republicans lead Democrats 47% to 39% on the economy, which remains the most important issue to voters. Those numbers are nearly identical to those found in June. Republicans have held the advantage on the economy since May of last year.
But for the first time in months, Republicans now hold a slight edge on the [...]

US Spending $16,000 on Radical Ground Zero Victory Mosque Imam’s Trip to Mideast

Friday, August 20th, 2010

American taxpayers will pay the imam behind plans for a mosque near the Manhattan site of the Sept. 11 attacks $3,000 in fees for a three-nation outreach trip to the Middle East that will cost roughly $16,000, the State Department said Wednesday.
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So we are paying for the Imam [...]

Obama, Democrat Controlled Gov’t Preside Over Doubling of Unemployment Rate

Friday, August 13th, 2010

Russia and China Resume Oil Trading with Iran

Thursday, August 12th, 2010

SINGAPORE/MOSCOW, Aug 11 (Reuters) - Russian oil giant LUKOIL (LKOH.MM: Quote) has resumed gasoline sales into Iran in partnership with China’s state-run firm Zhuhai Zhenrong, even as the United States urges the international community to be tough with Tehran.
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NBC’s Chuck Todd on Hardball Ponders: Is Ken Buck, ‘Sharron Angle in Drag?’

Thursday, August 12th, 2010

GE Chief Immelt Scolded NBC Reporters For Reporting Negatively on Obama

Wednesday, August 11th, 2010

Michele Bachmann: Dem Union Bailout Allows Unions to Run Ads Against GOP

Wednesday, August 11th, 2010

AFL-CIO President: It’s “Fiction”–”We Don’t Have A Deficit Crisis”

Wednesday, August 11th, 2010

Ground Zero Mosque Group Tells Gutfeld that His ‘Gay’ Bar by Their Mosque Would “Not Consider Their Sensibilities”

Wednesday, August 11th, 2010

As they tweeted Gutfeld that message, did they stop to consider that building the Mosque beside Ground Zero…fails to consider the sensibilities of those who lost loved ones on 9/11 to Muslim Jihadists?

CNN Upset with the Boy Scouts for Their Booing of Obama

Wednesday, August 11th, 2010

Obama went on the view because He’s losing support among women voters, and even if the Boy Scouts could vote…I doubt Obama could rely on even 10% of them to support His agenda.

Children ‘At Risk from Pop Charts Porn’: Top Producer Mike Stock Blasts His Own Industry

Wednesday, August 11th, 2010

The man who helped launch the career of Kylie Minogue yesterday condemned modern pop culture for ’sexualising’ youngsters.
Mike Stock, one third of the legendary pop factory Stock, Aitken and Waterman, said: ‘The music industry has gone too far. It’s not about me being old fashioned. It’s about keeping values that are important in the [...]

U.S. Electricity Blackouts Skyrocketing

Wednesday, August 11th, 2010

Experts point to the northeastern and southeastern U.S. as regions where outages pose the most threat — mainly due to aging wires, pole transformers and other lagging infrastructure.
“They know where they have tight spots,” said Mark Lauby, of the North American Electric Reliability Corporation, which enforces reliability standards. Without mentioning specific regions, Lauby said utilities [...]

Fed Looks to Spur Growth by Buying More Government Debt

Wednesday, August 11th, 2010

Federal Reserve officials decided to reinvest principal payments on mortgage holdings into long-term Treasury securities, making their first attempt to bolster growth since March 2009 to keep the slowing U.S. economy from relapsing into recession.
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New Iranian Submarine Threat Could Send Oil to $200 a Barrel

Tuesday, August 10th, 2010

Freddie Mac Needs $1.8 Billion More from Taxpayers

Monday, August 9th, 2010

(Reuters) - Mortgage finance giant Freddie Mac (FMCC.OB) on Monday said it would need another $1.8 billion in aid from taxpayers, bringing its total request since it was taken over by the government two years ago to more than $64 billion.
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Joe Legal vs. Jose illegal

Friday, August 6th, 2010

You have 2 families…”Joe Legal” and “Jose Illegal”. Both families have 2 parents, 2 children and live in California.
“Joe Legal” works in construction, has a Social Security Number, and makes $25.00 per hour with payroll taxes deducted….”Jose Illegal”
also works in construction, has “NO” Social Security Number, and gets paid $15.00 cash “under the table”. [...]

Letterman Distorts, then Curses Andrew Breitbart

Friday, August 6th, 2010

Obama’s Top Economic Advisor Resigns

Friday, August 6th, 2010

Christina Romer, chairwoman of Pres. Obama’s Council of Economic Advisers, has decided to resign, according to a source familiar with her plans.
Romer, an economics professor at the University of California (Berkeley) before taking the key admin post, did not respond to repeated calls to her office.
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Putin Bans Russia Grain Exports Due to Drought

Friday, August 6th, 2010

MOSCOW (AFP) – Russia, the world’s third wheat exporter, Thursday banned grain exports for the next four-and-a-half months due to a record drought that has destroyed millions of hectares (acres) of its land.
Wheat futures shot up to new two-year highs on commodities markets after the sudden announcement from Prime Minister Vladimir Putin raised concerns about [...]

Gov’t Motors Donates $36K to the Congressional Black Caucus

Friday, August 6th, 2010

When General Motors went through bankruptcy last year, it suspended its political donations. Now that it’s owned by the U.S. government, it’s donating to lawmakers’ pet projects again.
The carmaker gave $41,000 to groups associated with lawmakers, the vast majority of it — $36,000 — to the Congressional Black Caucus Foundation, the company reported on [...]

Fannie Mae Seeks $1.5 Billion From U.S. Treasury After 12th Straight Loss

Friday, August 6th, 2010

A decline in costs from bad loans helped narrow the second- quarter loss to $1.2 billion from $14.8 billion in the same period a year earlier, the Washington-based company said today in a filing to the Securities and Exchange Commission. Fannie Mae has accrued more than $148 billion in consecutive losses since 2007, according to [...]

US Postal Service Posts $3.5 Billion Loss as Mail Volume Plunges

Friday, August 6th, 2010

NEW YORK (CNNMoney.com) — The U.S. Postal Service reported a $3.5 billion loss in its most recent quarter Thursday, as mail volume plummets and retiree health care costs mount.
The USPS, a self-supporting government agency that receives no tax dollars, said operating revenue declined 1.8% to $16 billion during the fiscal 2010 third quarter compared to [...]

Leaked Footage of Couric Making Fun of Sarah Palin

Thursday, August 5th, 2010

Video Suggests Sea Floor In Gulf Rising and Falling Dramatically

Thursday, August 5th, 2010

I want answers. If a methane explosion took place…would it not result in a tsunami that could effect the gulf states?

Angle Hits Reid on NV’s 50% Drop In Home Values

Wednesday, August 4th, 2010

ABC’s Stephanopoulos Shills for Liberal Position on Ground Zero Mosque

Wednesday, August 4th, 2010

Obama WH Spends $22 Million to Train Workers In Asia

Wednesday, August 4th, 2010

Despite President Obama’s pledge to retain more hi-tech jobs in the U.S., a federal agency run by a hand-picked Obama appointee has launched a $22 million program to train workers, including 3,000 specialists in IT and related functions, in South Asia.
Following their training, the tech workers will be placed with outsourcing vendors in the region [...]