Matthew Vadum - ACORN Sprouts New Branches
Posted by
Jim Spence
on Thursday, August 19, 2010
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It looks like the congenitally corrupt, still-operating Association of Community Organizations for Reform Now (ACORN) won't be getting any more U.S. tax dollars - for the time being. That's because in a startlingly unusual victory for common sense, a federal appeals court slapped down a bizarre ruling by Brooklyn-based federal Judge Nina Gershon. The life-tenured judge had determined that the U.S. government's spending power belongs to federal judges now, regardless of what that quaint little document called the U.S. Constitution says. Judge Gershon ruled that Congress had violated ACORN's "rights" and passed an unconstitutional "bill of attainder" punishing ACORN without trial when it decided to stop funding the group. Read more here:
GOP Dark Horses Set To Finish Strong
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Jim Spence
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U.S. Politics
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GOP Dark Horses Set To Finish Strong
Blago Jury - One Vote Shy of Multiple Convictions
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Jim Spence
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U.S. Politics
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| Rod Blagojevich |
Blago Jury - One Vote Shy of Multiple Convictions
DirecTV and KVIA in Squabble
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Jim Spence
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New Mexico News
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EL PASO -- DirecTV commented Wednesday on the impasse that may cost El Paso DirecTV viewers access to KVIA-TV Channel 7 (cable Channel 6). If an agreement is not reached, the programming will be dropped Monday, KVIA officials have said. Robert Mercer, the director of public relations for DirecTV, said KVIA's parent company "is demanding a well over 130 percent increase in fees for its ABC programming." Read more here:

DirecTV and KVIA in Squabble
Carlson - Obama Supremely Confident in His Intellect
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Jim Spence
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| Margaret Carlson |
Carlson - Obama Supremely Confident in His Intellect
McDonald's Sells Yuan Bonds in Hong Kong
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Jim Spence
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International News
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McDonald’s Corp., the world’s largest restaurant chain, became the first foreign non-financial company to sell yuan-denominated bonds in Hong Kong. McDonald’s, based in Oak Brook, Illinois, sold 200 million yuan ($29 million) of 3 percent notes due in September 2013, offer manager Standard Chartered Plc said in an e-mailed statement today. Read more here:

McDonald's Sells Yuan Bonds in Hong Kong
Ken Blackwell - Religous Freedom for Whom?
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Jim Spence
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| Ken Blackwell |
Ken Blackwell - Religous Freedom for Whom?
Thomas Sowell - The Dismantling of America Part III
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Jim Spence
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| Thomas Sowell |
One of the few campaign promises that Barack Obama has kept was this: "We are going to change the United States of America!" As in many other cases, those who were thrilled by the thought of "change" seldom seemed to consider whether it would be a change for the better or for the worse. True believers in the Obama cult assumed that it had to be a change for the better. Read more here:
Thomas Sowell - The Dismantling of America Part III
C.B.O. - Borrowing and Blowing to Continue
Posted by
Jim Spence
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Economics
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The U.S. Congressional Budget Office predicted the budget deficit for fiscal year 2011 will be $1.066 trillion, revised up from an estimate of $996 billion in March. The nonpartisan agency’s semi-annual budget report is likely to add fuel to the November midterm election debate over reducing the deficit at a time when the nation’s economic recovery may call for more stimulus. Today’s report estimated that the deficit will be 7 percent of the nation’s gross domestic product in 2011. CBO Director Doug Elmendorf said the agency’s projections haven’t changed significantly since its March forecast, reflecting an economy that continues to struggle to recover from recession and the prolonged impact of bailouts and other spending designed to spur growth. Read more here:

C.B.O. - Borrowing and Blowing to Continue
Unemployment Claims on the Rise
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Jim Spence
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Economics
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Claims for U.S. jobless benefits jumped to the highest level since November and Philadelphia-area manufacturing shrank for the first time in a year, indicating the economy may be slowing faster than forecast. The number of unemployment claims unexpectedly shot up by 12,000 to 500,000 in the week ended Aug. 14, Labor Department figures showed today in Washington. The Federal Reserve Bank of Philadelphia’s general economic index turned negative in August, signaling contraction. Read more here:

Unemployment Claims on the Rise








