Obama's 'don't call it a stimulus' economic development plan
The first part of an economic development program announced Monday by President Obama would bring $50 billion in infrastructure upgrades, but the term 'stimulus' has become associated with big government spending.
FULL STORYI have little doubt that critics (and perhaps even fans) of these columns are tiring of my weekly harangue over the sorry performance of Barack Obama. And just when I think I can spend a week actually thinking about something else on which to comment, he renders such fancy impossible by proposing yet another inane scheme for spending our great, great, great grandchildren's hard earned tax dollars. This week is no exception.
FULL STORYAustralia's Julia Gillard barely squeaked into power. But her slim majority means that passing any legislation will be tricky.
FULL STORYI've been thinking about labor. Actually I've been thinking about this past holiday, American workers, changes, the summer statistics, the November election, and Jesse Jackson.
FULL STORYINSIDE BUSINESS
The nation's unemployment rate rose to 9.6% in August as non-farm payrolls lost 54,000 jobs, but it was good news in that economists at large where forecasting double the unemployment figures for the month.
Low mortgage rates fell still more this week - to the lowest level ever in four decades of tracking. Also, the number of pending home sales posted a rise for the month of July.
The now defunct investment bank, Lehman Brothers, collapsed as a result of the recession, though its ex-CEO, Richard Fuld, blamed the Federal Reserve on Wednesday, saying the decision not to provide support when other financial institutions received it was to blame.
ENTERTAINMENT TODAY
Set mostly in the desert, this tale of double and triple crosses involving an old miser (Ni Dahong) and his tarty young wife (Yan Ni) is replete with boisterously unfunny black slapstick.
'Genius Within: The Inner Life of Glenn Gould' delves deeper into the influential pianist's elusive brilliance than any earlier documentary.
Drew Barrymore and Justin Long's characters entwine in a low-key long-distance relationship, in the romantic comedy 'Going the Distance.'
World News
Australia's Julia Gillard forms new government on shaky groundPetraeus: Dove World Outreach Center's 'Burn a Koran Day' endangers troopsFast food takes off in ChinaTechnology News
LinkedIn: The Jobs Tool for 2010, Part 5 of a 5-Part Series, "International Focus in a Global Economy"Samsung forecasting higher smartphone salesGoogle Chrome 6: What it is and how to get itEnvironmental News
Hurricane Earl weakens as it hits North CarolinaOil rig explosion: Is oil leaking from Mariner Energy rig near Vermillion Bay?Hurricane Earl path stretches from North Carolina to Boston HarborHealth News
Why a judge blocked Obama's expansion of stem-cell researchSchool nutrition: Healthier ingredients, more education for 2010-11Scientists examine correlation between B vitamins and the aging brainNational News
House ripe for Republican takeover, latest polls findObama's 'don't call it a stimulus' economic development planReid tied with Angle in Nevada Senate race, according to the latest pollSports News
Reggie Bush could lose Heisman TrophyMatt Leinart: Could the Cardinals and their quarterback part ways?Ben Roethlisberger has suspension reduced by NFL commissioner




