Sword Of The Lord With Electronic Edge
Friday, July 29, 2011
Growth anemic, debt row poses recession risk | Reuters
Growth anemic, debt row poses recession risk | Reuters: "The economy stumbled badly in the first half of 2011 and came dangerously close to contracting in the January-March period, raising the risk of a recession if a standoff over the nation's debt does not end quickly."
Improving Mexican economy draws undocumented immigrants home from California - Sacramento City News - sacbee.com
Improving Mexican economy draws undocumented immigrants home from California - Sacramento City News - sacbee.com: "There are fewer undocumented immigrants in California – and the Sacramento region – because many are now finding the American dream south of the border.
'It's now easier to buy homes on credit, find a job and access higher education in Mexico,' Sacramento's Mexican consul general, Carlos González Gutiérrez, said Wednesday. 'We have become a middle-class country.'"
'It's now easier to buy homes on credit, find a job and access higher education in Mexico,' Sacramento's Mexican consul general, Carlos González Gutiérrez, said Wednesday. 'We have become a middle-class country.'"
"Disturbing" Rumblings Of Panic Begin As Investors Pull Almost $40 Billion From Money Market Funds
"Disturbing" Rumblings Of Panic Begin As Investors Pull Almost $40 Billion From Money Market Funds: "Short-term credit markets are already hemorrhaging thanks to the lack of progress on the debt deal in Congress.
This week, banks moved $37.5 billion from money market funds that are invested in Treasuries and other presumably safe securities, Dealbook reported -- 'the biggest weekly drop this year.'
Just between Monday and Wednesday, investors pulled $17 billion treasury-only funds."
This week, banks moved $37.5 billion from money market funds that are invested in Treasuries and other presumably safe securities, Dealbook reported -- 'the biggest weekly drop this year.'
Just between Monday and Wednesday, investors pulled $17 billion treasury-only funds."
GE CEO Jeffrey Immelt, The Head Of Obama’s Jobs Council, Is Moving Jobs And Economic Infrastructure To China At A Blistering Pace - News - Domas Jefferson
GE CEO Jeffrey Immelt, The Head Of Obama’s Jobs Council, Is Moving Jobs And Economic Infrastructure To China At A Blistering Pace - News - Domas Jefferson: "The Economic Collapse
Jeffrey Immelt, the head of Barack Obama's highly touted 'Jobs Council', is moving even more GE infrastructure to China. GE makes more medical-imaging machines than anyone else in the world, and now GE has announced that it 'is moving the headquarters of its 115-year-old X-ray business to Beijing'. Apparently, this is all part of a 'plan to invest about $2 billion across China' over the next few years. But moving core pieces of its business overseas is nothing new for GE. Under Immelt, GE has shipped tens of thousands of good jobs out of the United States. Perhaps GE should change its slogan to 'Imagination At Work (In China)'. If the very people that have been entrusted with solving the unemployment crisis are shipping jobs out of the country, what hope is there that things are going to turn around any time soon?"
Jeffrey Immelt, the head of Barack Obama's highly touted 'Jobs Council', is moving even more GE infrastructure to China. GE makes more medical-imaging machines than anyone else in the world, and now GE has announced that it 'is moving the headquarters of its 115-year-old X-ray business to Beijing'. Apparently, this is all part of a 'plan to invest about $2 billion across China' over the next few years. But moving core pieces of its business overseas is nothing new for GE. Under Immelt, GE has shipped tens of thousands of good jobs out of the United States. Perhaps GE should change its slogan to 'Imagination At Work (In China)'. If the very people that have been entrusted with solving the unemployment crisis are shipping jobs out of the country, what hope is there that things are going to turn around any time soon?"
What Is "Martial Law Bill"?
Statement by Robert Greenstein: House Leadership Invokes “Martial Law,” Forcing Members to Vote on Key Bills Without Full Knowledge of What They Are Voting On: Move Represents Erosion Of The Democratic Process — Center on Budget and Policy Priorities: "Under the martial law procedure, longstanding House rules that require at least one day between the unveiling of significant legislation and the House floor vote on that legislation — so that Members can learn what they are being asked to vote on — are swept away. Instead, under “martial law,” the Leadership can file legislation with tens or hundreds of pages of fine print and move immediately to debate and votes on it, before Members of Congress, the media, or the public have an opportunity to understand fully what provisions have been altered or inserted into the legislation behind closed doors. This is the procedure that the Leadership intends to use to muscle through important bills in the next two days.
This procedure diminishes democracy. When major legislation is being considered that would add hundreds of billions of dollars to the debt or affect millions of Americans in other ways, Members of Congress should have an opportunity to study the legislation for more than a couple of hours and to know what they are voting on."
This procedure diminishes democracy. When major legislation is being considered that would add hundreds of billions of dollars to the debt or affect millions of Americans in other ways, Members of Congress should have an opportunity to study the legislation for more than a couple of hours and to know what they are voting on."
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