NEW YORK -- The Federal Reserve's latest forecasts for the U.S. economy are gloomier than the ones released three months earlier, with an expectation for higher unemployment and a steeper drop in economic activity.The Fed's forecasts, released as part of the minutes from its April meeting, show that its staff now expects the unemployment rate to rise to between 9.2% and 9.6% this year. The central bank had forecast in January that the jobless rate would be in a range of 8.5% to 8.8%, but the unemployment rate topped that in April, hitting 8.9%.The Fed also now expects the gross domestic product, the broadest measure of the nation's economic activity, to post a drop of between 1.3% and 2% this year. It had previously expected only a 0.5% to 1.3% decline. And this economic news comes from CNN, the Communist news network. Obama's own network. Looks like the Stimulus plan is really working WELL....Obama has closed car dealerships for G.M. and Chrysler and fired the CEO of G.M. and I can't find ANYWHERE in the Constitution where the President has the legal rigt to do any of these things...Do any of you Obamanites remember the Constitution.....Now Obama and his teleprompter are working on a climate bill, cap and trade and SOCIALIZED medicine....And they"re going to FORCE YOU into driving smaller cars that get 35 miles to the gallon...Oh yeah, these cars will not be as SAFE for your FAMILIES and they will COST more....It's for the GREATER GOOD!!!! Here's what the Democrats have planned to rush the 986 page Climate bill through........
WASHINGTON -- Democrats in the House Energy and Commerce Committee have taken a novel precaution to head off Republican efforts to slow action this week on a sweeping climate bill. They are hiring a speed reader.Republicans on the committee have said they may force the reading of the entire 946-page bill -- as well as major amendments that measure several hundred pages -- all aloud. This is a procedure lawmakers have a right to invoke. Republicans are largely against the bill, which aims to cut emissions of so-called greenhouse gases by more than 80% over the next half-century but would be costly.Republicans haven't tried the tactic, but Committee Chairman Henry Waxman (D., Calif.) is prepared.A committee spokeswoman said the speed reader -- a young man who was on door duty at the hearing as he awaited a call to the microphone -- was hired to help staffers. After years of practice, the panel's clerks can read at a good clip. But the speed reader is a lot faster, she said. Ian Talley Wash. Post.......Yeah a Freaking SPEED READER!!! There's transparency in Government for you....Do you Obama Voter's ever pay attention to anything?? God Bless The troops overseas during this Memorial Day weekend and God Bless the Bitter Clingers....Roger 5-19-09
Haven't been on this site recently, because I'm about to lose my FREAKING mind watching our country turn into the old Soviet Union....Cap and Tax, Socialized medicine, Obama owns G.M. and Chrysler and the MOST Left-wing radical judge about to be appointed to the Supreme Court....Has everyone lost their FREAKING mind????? Al Franken is asking questions to Sotomayor about Perry Freaking Mason...A 1950s T.V. show....Perry #$%&#-ing Mason.....What THE HELL is everyone SMOKING!!!!!!...It's all a bunch of S%&T and FiLTH and Foul and I just can't take it anymore.....ROGER Still barely clinging....7-17-09 Vice-President Cheney Responds to Obama's reaction to attempted Terrorist attack.Here is Cheney’s full statement:
"As I’ve watched the events of the last few days it is clear once again that President Obama is trying to pretend we are not at war. He seems to think if he has a low-key response to an attempt to blow up an airliner and kill hundreds of people, we won’t be at war. He seems to think if he gives terrorists the rights of Americans, lets them lawyer up and reads them their Miranda rights, we won’t be at war. He seems to think if we bring the mastermind of Sept. 11 to New York, give him a lawyer and trial in civilian court, we won’t be at war.
“He seems to think if he closes Guantanamo and releases the hard-core Al Qaeda-trained terrorists still there, we won’t be at war. He seems to think if he gets rid of the words, ‘war on terror,’ we won’t be at war. But we are at war and when President Obama pretends we aren’t, it makes us less safe. Why doesn’t he want to admit we’re at war? It doesn’t fit with the view of the world he brought with him to the Oval Office. It doesn’t fit with what seems to be the goal of his presidency — social transformation — the restructuring of American society. President Obama’s first object and his highest responsibility must be to defend us against an enemy that knows we are at war."
I wish Bush and Cheney were still protecting us instead of these clowns we have now....Heaven help us....Roger 12-31-09Twisted Taliban militants took terror to a new low by accusing a 7-year-old boy of spying - and hanging him high.
That outrage drew immediate condemnation from the Afghan president, who called the execution a "crime against humanity."
"I don't think there's a crime bigger than that, that even the most inhuman forces on earth can commit," Hamid Karzai said Thursday. "A 7-year-old boy cannot be a spy. A 7-year-old boy cannot be anything but a 7-year-old boy
The execution happened Tuesday in the embattled Helmand province, said Dawoud Ahmadi, a spokesman for the provincial governor.
"The innocent boy was not a spy, but he may have informed the police or soldiers about planted explosives," Ahmadi told Central Asia Today.
"If this is true, it is an absolutely horrific crime," added British Prime Minister David Cameron, while on a stop in Kabul. "I think it says more about the Taliban than any book, than any article, than any speech could ever say."
The victim was reportedly the grandson of a tribal elder.
The Taliban has targeted tribal leaders who have supported the Karzai government or took part in U.S. directed reconstruction programs.
Hanging is a favorite Taliban terror method for getting rid of enemies - and sending a message to other would-be opponents.
Nor is this the first time the Taliban has killed kids. Three years ago, they strung up a 70-year-old woman and a child in the Musa Qala district on trumped up spying charges, Ahmadi said.
As news of the hanging unfolded, the war-torn country was hit with further tragedy as a suicide bomber hit a wedding party, killing at least 40 and severely wounding more than 70 people.
Several children were among the dead and wounded. Bits of flesh and severed limbs covered the site.
A Taliban spokesman denied responsibility for the deadly attack.
The governor of the province rejected the denial.
"The Taliban are doing two things at once," Gov. Tooryalai Wesa said.
"On one side they target people who are in favor of the government, then at the same time they don't want people to know their real face."
Violence is on the rise in June as the U.S. prepares a major summertime operation to cleanse the region of Taliban commanders.
At least 17 U.S. service members have been killed in the past four days, including four Americans who died Wednesday when insurgents in Helmand province's Sangin district - one of the most volatile in the country and where the 7-year-old boy was hanged - shot down a NATO helicopter.