Saturday, November 6, 2010
Chart of the Day: The True Size of Africa
Chart of the Day: The True Size of Africa
CARPE DIEM | NOVEMBER 6, 2010
http://pulsene.ws/gzPS
The land area of Africa would include the entire U.S., China, India, Japan, U.K., Eastern Europe and much of Western Europe, ...
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Friday, November 5, 2010
@RedState, 11/5/10 7:22 AM
 RedState (@RedState)11/5/10 7:22 AM Killing the Private-Sector: What Democrats in Congress couldn't do for union bosses, the NLRB will http://bit.ly/aftZhl #TCOT #RS |
Thursday, November 4, 2010
Former Senator Carol Moseley Braun slams Rahm Emanuel's Hollywood fund-raiser, Obama chief of staff tenure
http://nalert.blogspot.com/2010/11/former-senator-carol-moseley-braun.html
The Chicago Sun-Times reports:
The Chicago Sun-Times reports:
Chicago mayoral hopeful Carol Moseley Braun, the former senator and ambassador, slammed rival Rahm Emanuel's Hollywood fund-raiser on Thursday--but perhaps more telling, hit his tenure as chief of staff for President Obama. That Emanuel helped Obama in the White House is "fiction," Moseley Braun asserted.Great moments in the Cook County Democrat party.
Said Moseley Braun in a statement, "On this day when President Obama and Illinois Democrats are still recovering from the painful political debacle that he was the architect of, Rahm Emanuel is off in Hollywood hanging out with bankers and billionaires. But maybe Hollywood is where he belongs because the story of how he "helped" the Obama administration when he was chief of staff is indeed fiction.
Pelosi Considers Staying as Minority Leader
http://feedproxy.google.com/~r/PoliticalWire/~3/40bgXIjXvME/pelosi_considers_staying_as_minority_leader.html
High-level House Democratic sources tell ABC News that House Speaker Nancy Pelosi is seriously considering staying in Congress and running for the position of minority leader.
"Pelosi is methodically calling every Democratic House member who won on Tuesday, as well as many who lost... In the process, she is weighing her options and gauging her support. Some of Pelosi's closest allies are encouraging her to stay and to lead the Democratic effort to win back their majority. Those encouraging her are arguing, in part, that she can unify the progressives in the caucus, and more importantly, that nobody in the House can raise money for the next campaign better than Pelosi."
High-level House Democratic sources tell ABC News that House Speaker Nancy Pelosi is seriously considering staying in Congress and running for the position of minority leader.
"Pelosi is methodically calling every Democratic House member who won on Tuesday, as well as many who lost... In the process, she is weighing her options and gauging her support. Some of Pelosi's closest allies are encouraging her to stay and to lead the Democratic effort to win back their majority. Those encouraging her are arguing, in part, that she can unify the progressives in the caucus, and more importantly, that nobody in the House can raise money for the next campaign better than Pelosi."
The Buzz That's Driving This Rally
http://kudlowsmoneypolitics.blogspot.com/2010/11/buzz-thats-driving-this-rally.html
Besides the Fed's quantitative easing, a new buzz from Obama about extending all the Bush tax cuts is driving stocks up nearly 200 points today.
The president opened the door to full extension at his post-election news conference yesterday.
Today, Obama spokesman Robert Gibbs acknowledged this possibility at a news gaggle.
Gibbs said the administration is "open" to negotiations on extending tax cuts for upper-income individuals in order to win extensions for middle-income families. Gibbs did add, however, that the president still "does not believe it's a good idea."
But here's the key: Two Democrats elected to the Senate on Tuesday, Chris Coons of Delaware and Joe Manchin of West Virginia, campaigned on extending all the Bush tax cuts. Since they will fill the seats of Joe Biden and Robert Byrd, they will be seated during the lame-duck Congress coming in a few weeks.
And there are roughly a half-dozen additional Senate Democrats — at least — who would vote for a two-year extension of all the Bush tax cuts. Plus, there will now be 46 or 47 Republican senators voting for them, too. And over in the House, about 40 Democrats signed letters and campaigned for extending all the Bush tax cuts. So the outlook for the full Bush is getting good, and the hope that we will avoid an economic train wreck is rising.
One key point about today's rally is the lack of year-end tax selling, based on the idea that the capital-gains tax would jump from 15 percent to 20 percent and the dividend tax from 15 percent to 39.6 percent. Tax selling has been hanging over the market. But with Obama moving to the center, and newly elected Senate Democrats in favor of the full Bush, things are looking a lot better for stocks and the economy.
Full Bush extension, by the way, might just add some business confidence to the picture, which could lift job creation next year. Profits are very strong, and the early October ISMs came in above expectations. So did car sales at almost 12.5 million. So keep your fingers crossed.
But surely the election results are sending a strong message to Washington. The next step will be big budget cuts through congressional rescissions and policy changes. That, too, will generate confidence and reduce uncertainty.
Besides the Fed's quantitative easing, a new buzz from Obama about extending all the Bush tax cuts is driving stocks up nearly 200 points today.
The president opened the door to full extension at his post-election news conference yesterday.
Today, Obama spokesman Robert Gibbs acknowledged this possibility at a news gaggle.
Gibbs said the administration is "open" to negotiations on extending tax cuts for upper-income individuals in order to win extensions for middle-income families. Gibbs did add, however, that the president still "does not believe it's a good idea."
But here's the key: Two Democrats elected to the Senate on Tuesday, Chris Coons of Delaware and Joe Manchin of West Virginia, campaigned on extending all the Bush tax cuts. Since they will fill the seats of Joe Biden and Robert Byrd, they will be seated during the lame-duck Congress coming in a few weeks.
And there are roughly a half-dozen additional Senate Democrats — at least — who would vote for a two-year extension of all the Bush tax cuts. Plus, there will now be 46 or 47 Republican senators voting for them, too. And over in the House, about 40 Democrats signed letters and campaigned for extending all the Bush tax cuts. So the outlook for the full Bush is getting good, and the hope that we will avoid an economic train wreck is rising.
One key point about today's rally is the lack of year-end tax selling, based on the idea that the capital-gains tax would jump from 15 percent to 20 percent and the dividend tax from 15 percent to 39.6 percent. Tax selling has been hanging over the market. But with Obama moving to the center, and newly elected Senate Democrats in favor of the full Bush, things are looking a lot better for stocks and the economy.
Full Bush extension, by the way, might just add some business confidence to the picture, which could lift job creation next year. Profits are very strong, and the early October ISMs came in above expectations. So did car sales at almost 12.5 million. So keep your fingers crossed.
But surely the election results are sending a strong message to Washington. The next step will be big budget cuts through congressional rescissions and policy changes. That, too, will generate confidence and reduce uncertainty.
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