It?s the Deficit Spending, Stupid!
2009-08-12 18:00:00 Serving his last term in the United States Senate, Pennsylvania opportunist Arlen Specter observes, “There is more anger in America today than at any time I can remember.” This might have something to with it–brought to us by a President who promised “a net spending cut,” but keeps proposing new ways to spend the people’s money ...
By: GayPatriot
Rasmussen Reports: President Barack Hussein Obama?s Approval Rating Lowest
2009-07-09 03:25:00 Struggling Economy And Job Losses Seem To Be The Catalyst Behind Newfound Unpopularity Of Number 44 Good ole’ 44 — the man seems to be genuinely interested in doing a decent job in the White House but President Obama’s “I inherited this crap sandwich from the previous... This is only a comment summary. Visit http://guntotingliberal.com to view the lastest content complete with some of the most outrageous original photoshops in the political blogosphere!
RP incurs dollar deficit in May
2009-06-18 00:24:00 Due to debt payments RP incurs dollar deficit in May The country?s balance of payments (BOP) registered a deficit in May from a surplus the previous month mainly due to the debt payments of the national government, Bangko Sentral ng Pilipinas (BSP) said Wednesday. In a statement, the central bank said the country?s BOP registered ...
FACT CHECK: Obama disowns deficit he helped shape
2009-04-30 02:50:00 Obama disowns deficit he helped shape WASHINGTON (AP) - “That wasn’t me,” President Barack Obama said on his 100th day in office, disclaiming responsibility for the huge budget deficit waiting for him on Day One. It actually was him - and the other Democrats controlling Congress the previous two years - who shaped a budget so ...
By: TexasFred's
Sadly, No "Deficit" In Broder Crackpot History
2009-03-31 19:11:00 (And I also posted over here.)This is a couple of days old from The Dean Of Beltway Journalism, but it definitely merits a mention; David S. Broder is chiding Obama and the Democratic congress for their budget deficits, which are significant I?ll grant you, though not as big a threat to this country as the current recession (and again, Obama was handed $1.3 trillion in red ink, so what?s he going to do to try and get us out of this? Pinch pennies instead?).However, this excerpt from Broder is truly wankerific?There are plenty of people in Congress for whom the CBO report (that projected $9.3 trillion added to the debt) was no surprise, and some of them have proposed a solution that would confront this reality. Kent Conrad, the chairman of the Senate Budget Committee, and Judd Gregg, its ranking Republican, have offered a bill to create a bipartisan commission to examine every aspect of the budget -- taxes, defense and domestic spending, and, especially, Medicare, Medicaid and Social...
Obama?s Responsibility for Deficit
2009-03-25 22:40:00 In his press conference last night, the president said he “inherited” a $1.3 trillion annual deficit. Guess this former constitutional law scholar has lost sight of the document which ostensibly served as the center of his legal studies. According to that august document, Article 1, Section 8, “The Congress shall have Power To lay and collect ...
By: GayPatriot
Gibbs: Deficit won?t hurt plan to cut red ink
2009-03-20 20:30:00 Gibbs: Deficit won’t hurt plan to cut red ink WASHINGTON (AP) - The White House says new projections of spiraling budget deficits won’t stop President Barack Obama from achieving his goals or keeping his promise to cut the country’s red ink in half within four years. White House spokesman Robert Gibbs said Friday that the administration is ...
By: TexasFred's
The president & the deficit
2009-02-11 09:18:00 Once again, the president has been attacking the Republicans for the last eight years, as if still in campaign mode. And yet he was in Washington for four of those eight years, so I’m wondering what he did in that time to confront those problems, particularly the deficit. I mean, here he is blaming the GOP, ...
By: GayPatriot
The NYS Deficit
2009-02-05 01:34:00 It was just solved by three men in a room. What could possibly go wrong? This is my favorite line from TAP's report: The plan also includes an additional $800 million in cuts from next year's projected deficit, taking next year's deficit from $13.8 billion to $13 billion. That's not ...
By: BuffaloPundit
Federal budget deficit hits record
2008-11-13 21:39:00 Federal budget deficit hits record WASHINGTON ? The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government has started to pay out to rescue the financial system. The Treasury Department says the deficit for the first month in the new budget year was the ...
By: TexasFred's
Navy football overcomes halftime deficit to defeat Rutgers
2008-09-21 17:03:00 In danger of falling to a 1-3 mark, the Navy Midshipmen overcame a 14-6 halftime deficit against Rutgers, kicking a late 4th quarter field goal and scoring a key interception to secure the 23-21 upset win. The Annapolis Capital noted that returned Navy quarterback Kaipo-Noa Kaheaku-Enhada and fullback Eric Kettani led the final scoring drive in the game's closing minutes.Navy's triumph before an Annapolis sellout crowd kept Midshipmen hopes viable to reach the six wins needed for EagleBank Bowl eligibility. On a side political note, presidential candidate John McCain attended the first quarter of game action but didn't stick around to see the impressive Mid comeback.In other D.C. area game action, Virginia Tech scored a close cut 20-17 win at North Carolina, Maryland walloped Eastern Michigan by a 51-24 count, Howard gave up the first 51 points against Florida A&M en route to its own 51-24 loss, Georgetown was annihilated 47-7 at Yale and James Madison overcame a three touchdown ...
By: DCABloob
WELCOME TO A TRILLION-DOLLAR DEFICIT, MR. PRESIDENT
2008-08-29 15:56:00 If you are a typical citizen, you like deflation. You want your wages and investment income to stretch as far as possible. Falling prices, or rising purchasing power, are a sign of economic progress - the progress resulting from productivity…
By: Jutia Group
Inflation and the Burgeoning Deficit
2008-08-04 15:24:00 -By Thomas E. Brewton How will the Fed handle it? The Wall Street Journal reports (U.S. to Ratchet Up Borrowing, July 31, 2008): With this fiscal year’s budget deficit expected to more than double from the previous year, the U.S. government plans to nearly quadruple its borrowing to $555 billion. The Federal Reserve’s dilemma is that opening the money-supply ...
By: Publius Forum
2009 Federal Budget Deficit
2008-07-28 17:57:00 Federal Budget Deficit for 2009 is projected to be 490 Billion dollars. That's nearly half a Trillion dollars. The U.S. National debt as of this moment is 9.5 Trillion dollars. http://www.foxnews.com/story/0,-2933,392043,00.html The U.S budget for 2008 is roughly 2.4 Trillion. Here's
Indonesian central bank may suffer 8.02 trillion rupiah deficit
2008-06-10 09:35:00 The Indonesian central bank may suffer this year a much bigger deficit than last year due to a costly interest payout to holders of its key certificates, local press said Tuesday. Bank Indonesia, the central bank, is expected to suffer a total deficit of 8.02 trillion rupiah (about 861 million U.S. dollars) by the end of 2008, as it has to pay the interest of its certificates. Last year, the bank suffered a deficit of 1.4 trillion rupiah (150 million dollars), reported major newspaper The Jakarta Post, citing central bank chief Boediono. The bank announced that foreign exchange reserves in the first quarter of this year stood at 59 billion dollars due to a rise in exports, but the figure fell to 57.46 billion in May.Indonesia News Blog: http://indosnesos.blogspot.com-
Dong May Slump 30% in 12 Months on Deficit, OCBC Says
2008-06-03 00:07:00 Viet Nam's dong may slump as much as 30% in a year and investors should sell the currency using 12-month offshore forward contracts, according to Oversea- Chinese Banking Corp. The dong is set to extend losses from last week's nine- month low on accelerating inflation and a widening trade deficit, said Emmanuel Ng,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
VN Stocks Drop an 18th Day, on Soaring Inflation, Deficit
2008-06-03 00:07:00 Vietnamese stocks fell for an 18th day, the longest losing streak in 4 1/2 years, on concern the government may tighten controls on capital investments to reverse a widening trade deficit. The benchmark VN Index dropped 1.5% to close at 407.94, the lowest since Aug. 2, 2006. Vietnam Dairy Products Joint-Stock Co., or... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Cubs erase eight-run deficit to win fifth straight
2008-05-31 00:39:00 Jim Edmonds and Mark DeRosa delivered key hits, and the Chicago Cubs overcame an eight-run deficit, rallying past the Colorado Rockies 10-9 Friday for their fifth straight victory.
By: The RotoFeed
Dong Falls Seventh Straight Day on Inflation, Deficit
2008-05-30 11:45:00 Viet Nam's dong declined for a seventh straight day on speculation accelerating inflation and a widening trade deficit will increase demand for U.S. dollars. Viet Nam's trade deficit widened to $14.42 billion from $4.25 billion in the same period a year ago, according to figures released on May 26 by the General... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
INDIA?S FISCAL DEFICIT IS THE HIGHEST IN THE WORLD
2008-05-26 17:19:00 By: Bharat Ratna India Deficit: InformationIndia is one of the fastest growing economies in the world. The foreign exchange reserves reach a new high every week (($314 billion), inflation has not been controlled due to hike in the price of crude oil (nearly $135) and interest rates continue to be low. Indian fiscal deficit is the highest in percentage among the other countries of the world.... Click on the Title to read more...
By: The India Street
Indian Stock Market Updates: RBI: fiscal deficit among highest in world
2008-05-26 12:00:00 India's fiscal deficit continues to be among the highest in the world and underlying pressures are not entirely showing up in headline fiscal numbers3 Vote(s)
By: INDIANTAGS
Social skill deficit in IT companies
2008-05-22 22:45:00 By Buster An old friend who is one of the pioneers in the executive search business in India was rec-ently sharing some of his insights about the paradigm shift in social skills between the managerial workforce of the past and now.8 Vote(s)
By: Market Buzz
Federal Deficit Balloons, Financial Warning Signs, Small Cap Breakout, and
2008-05-13 20:35:00 by Addison Wiggin & Ian Mathias Federal spending on track for annual record? just how big is $3 trillion? Financial CEOs sound warnings? predictions from leaders of JPM and AIG Market rallies? Greg Guenthner on the sector looking ready to break out Oil hits new high, but suddenly retreats? why the world might be using less crude over ...
Weak Dollar Narrows Trade Deficit, but Inflation Blunts Consumer Demand
2008-05-12 16:27:00 The trade deficit narrowed significantly in the month of March, as developing markets took advantage of a weak dollar and stocked up on American goods. The gap shrank 5.7% from a revised $61.7 billion in February to $58.2 billion, the Commerce Department reported. Imports decreased 2.9% as the country experienced sluggish growth over the past six months, and according to some, slipped into a recession. It was the biggest drop in imports since December 2001. Exports dropped by 1.7%, but that decline followed February?s record high export total of $151.1 billion. March?s export total of $148.5 billion was the second biggest…SHARETHIS.addEntr-y({ title: "Weak Dollar Narrows Trade Deficit, but Inflation Blunts Consumer Demand", url: "http://jutiagroup.com/2008/05/-12/weak-dollar-narrows-trade-de-ficit-but-inflation-blunts-cons-umer-demand/" });
By: Jutia Group
SBV reconsidering gold quota imports to reduce trade deficit
2008-05-12 12:56:00 The Ministry of Finance (MOF) is considering adjusting the import taxes of commodities that are believed to have impacts on the trade deficit and foreign currency payment balance. MOF is joining forces with the Ministry of Industry and Trade and the State Bank of Viet Nam to take a series of measures in an effort to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Trade Deficit Narrows, Oil and Gas at New Highs, Buffett In Jail, and More!
2008-05-09 20:07:00 by Addison Wiggin & Ian Mathias Trade deficit narrows more than expected? is the U.S. on a path to greater economic prosperity? Dollar resumes losing streak? how the Fed?s latest deal is only making matters worse Oil hits another record high? the events that sent crude to a stunning $126 Fuel prices at all-time highs ...
Il deficit corretto
2008-05-09 11:22:00 Il miglioramento della finanza pubblica operato dal governo Prodi è, a prima vista, incontestabile. Tra il 2006 e il 2008 il deficit è passato dal 4,2 per cento alla 1,9 per cento, con una diminuzione di 2,3 percentuali. Il miglioramento effettuato appare a prima vista notevole, ma deve essere analizzato guardando alle stime corrette per ...
By: DestraLab
Indonesia to cut budget deficit to ease bond sales
2008-05-05 03:56:00 MADRID, May 4 (Reuters) - Indonesia will reduce its budget deficit by cutting fuel subsidies ahead of planned global bond sales this year worth around $12 billion, a senior finance ministry official said on Sunday. Fuel and electricity subsidies of $20.5 billion this year are hampering Indonesia’s efforts to raise money on the global capital markets, ...
By: Indonesia First
McCain?s Plans Would Most Greatly Increase Deficit
2008-04-27 05:19:00 Yesterday I noted an editorial from The Washington Post which showed that, while none of the three remaining candidates are particularly fiscally responsible, John McCain was the worst. The New York Times looks at the same issue today and reports the same result: Mr. McCain?s plan would appear to result in the biggest jump in the ...
By: Liberal Values
Orioles rally from 5-run deficit for 8-7 win over Seattle (AP)
2008-04-25 08:24:00 Brian Roberts welcomed finally being sought out following a game. “I haven’t done anything good in like three weeks,” he said with a grin. Roberts homered to open the eighth inning, capping Baltimore’s rally from a five-run deficit, and the Orioles beat Seattle 8-7 on Thursday night for their sixth win in seven games against ...
By: MLB News Blog
Orioles rally from 5-run deficit for 8-7 win (AP)
2008-04-25 07:33:00 Brian Roberts homered to open the eighth inning, capping Baltimore’s rally from a five-run deficit, and the Orioles beat Seattle 8-7 on Thursday night for their sixth win in seven games against the Mariners this season. Roberts jumped on a 1-0 pitch from reliever Sean Green (1-1), for his second homer of the season, capping ...
By: MLB News Blog
The trade deficit issue: Oil
2008-04-21 16:14:00 John Engler in today’s WSJ: It is amazing how some presidential candidates are blaming the North American Free Trade Agreement for U.S. job losses. They seem to believe that a substantial part of the three million manufacturing jobs lost since 2000 resulted from Nafta, and that outsourcing of manufacturing production to Mexico and Canada resulted in a huge trade deficit. Too bad they don’t know that the growth in the deficit isn’t due to manufactured goods, but to oil and gas imports. There is no question that the imbalance of trade within Nafta has soared since 2000. That deficit has almost doubled to nearly $140 billion in 2007, from $77 billion in 2000. But the deficit in manufactured goods did not displace U.S. factory production. What the antitrade advocates have been hiding from the candidates (or maybe don’t know themselves) is that almost all of the increase in our Nafta deficit since 2000 has been in increased U.S. imports of energy from Canada and M...
By: BitsBlog
Beyond Nature-Deficit Disorder
2008-04-21 00:00:00 BEYOND NATURE-DEFICIT DISORDER It?s Time to Turn Consciousness into Action By Richard Louv Author of Last Child in The Woods Got dirt? “In South Carolina, a truckload of dirt is the same price as a video game!” reports Norman McGee, a father in that state who bought a small pickup-load of dirt for his daughter and friends. kids and nature ...
Open Source programmers earn more and combat trade deficit
2008-04-14 16:36:00 The findings from the fourth-quarter 2007 Open Source Industry and Community survey is out. The authors say the results show open source is effective in combating trade deficit and that IT professionals involved in open source earn more than their more proprietary colleagues. Let’s check it out.
By: Server Tales
Open Source programmers earn more and combat trade deficit
2008-04-14 16:36:00 The findings from the fourth-quarter 2007 Open Source Industry and Community survey is out. The authors say the results show open source is effective in combating trade deficit and that IT professionals involved in open source earn more than their more proprietary colleagues. Let’s check it out.
By: Server Tales
Bank of Israel warns on budget deficit - Globes
2008-03-31 22:10:00 Bank of Israel warns on budget deficitGlobes, Israel -;- Mar 30, 2008The Ministry of ...
By: Israel-Times.com
Gender Discussion of Attention Deficit Disorder
2008-03-28 06:00:00 Difficult as they are to spot, ADD and ADHD have some obvious symptoms. People diagnosed with ADD suffer from distraction, forgetfulness and low self-esteem. They may face problems in following fast conversation, and can become highly disordered with set tasks. ADD and ADHD can both retard mental growth in that the affected child has to ...
By: Resources zone
Our National Deficit ? Who Do I Blame?
2008-03-27 16:06:00 Is anyone else concerned about the direction our country is heading towards? Because I know I am. Here is just one symptom of the problem, our nation’s skyrocketing budget deficit. The US has charged up its credit card like a spoiled teenager. And I believe there’s going to be hell to pay when the bill ...SHARETHIS.addEntry({ title: "Our National Deficit ? Who Do I Blame?", url: "http://www.CALaborLaw.com/2008-/03/27/our-national-deficit-%e2-%80%93-who-do-i-blame/" });
The popular vote deficit
2008-03-26 05:51:00 Great news out of Pennsylvania. Democratic Party enrollment surged past the 4 million mark Monday, setting a state record on the last day Pennsylvanians had to register to vote in next month’s presidential primary […] Since last year’s election, which featured races for judicial and municipal offices, the number of Democrats increased by more than 161,000, or ...
HOW CRITICAL IS FISCAL DEFICIT?
2008-03-22 07:14:00 Is reining in fiscal deficit critical for the macro economic health of the nation? The issue is almost akin to that of a family spending more than it earns, month after month, and year after year. Perhaps the only difference is that the fiscal profligacy of the government does not necessarily result in bankruptcy. Governments can simply print money to support their overspending. However, nations have now become aware that printing money to meet deficits invariably lead to massive inflation. Therefore, governments issue bonds to bridge the fiscal gap. But the entry of a giant-sized borrower into the debt market, leads to three negative fall-outs. First, the interest rate in the market place begins to spike. And this directly hurts investment and capital formation. It also deters those who borrow from banks to purchase white goods, automobiles, or even seek student loans. Second, equally important is what economists’ call “crowding out private investments...
By: India Blog
Comedy Actor Infuriated By Satire
2008-03-17 01:54:00 Montgomery County, MD — Strange things are afoot at the Circle K. Chevy Chase, American actor and comedian, put his career to one side when he decided to visit a small town in Maryland named after him. On arrival, he booked into a hotel, connected his laptop to the Internet and read ...
UK pension deficit underfunded by almost £20bn
2008-03-12 15:43:00 A larger number of company pension schemes are under-funded than was originally thought, a government body has admitted. Pensions lifeboat the Pension Protection Fund (PPF
England face daunting deficit
2008-03-08 13:47:00 England conceded a crucial 122-run first innings lead in the opening Test on Saturday after New Zealand ended their resistance with three wickets in 1 Vote(s)
By: JeQQ it
Huge UBS Losses, Stimulus Finalized, Markets Rally, Trade Deficit Narrows,
2008-02-14 17:31:00 by Addison Wiggin & Ian Mathias European bank takes Citigroup-sized subprime loss, announces first-ever yearly net loss Guv?ment to the rescue! Paulson peers into his crystal ball while Bush throws $170 billion at looming recession Global market rally? the surprising U.S. sector leading the way Major market forecasters call for Dow 18,500? details and The ...
Overcoming Attention Deficit Disorder: Four Powerful Techniques
2008-02-07 01:45:00 Several years ago I discovered, mostly accidentally, that I have Attention Deficit Disorder, or ADD. Before then, I hadn’t known much about ADD itself, and hadn’t thought that the term could apply to adults; I just thought it was something that was applied to hyperactive school kids so their parents could drug them into submission. ...
By: Beyond Within
Attention Deficit Disorder
2008-02-06 00:00:00 It’s a fact - poor nutrition is linked to ADD Poor nutrition has been linked to ADD, learning disorders, memory problems, reduced IQ, behavior problems and depression. The vast majority of the U.S. population is deficient in at least one of the vitamins, minerals or essential fatty acids that impact behavior and mood. Modern foods do ...
Service Sector Plummets, Wall Street?s Favorite Candidates, Investors Flee
2008-02-05 20:22:00 by Addison Wiggin & Ian Mathias U.S. service sector?s monumental plunge? well past typical recession levels Latest poll shows economic concerns as No. 1 issue heading into Super Tuesday Are Democrats bad for business? Top Wall Street contributors give surprising answer Hedge fund financing flees Japan? Chris Mayer on the opportunities that still remain China?s winter weather worsens? how ...
Increase the Deficit to Balance the Budget?
2008-02-05 02:49:00 President Bush unveiled his FY 2009 budget request today. If enacted, the $3.1 trillion dollar plan would increase the federal deficit beyond $400 billion (up from $162 billion in 2007!). The Bush plan seeks to boost defense, while cutting more than 150 discretionary programs. Since the purpose of government is defending the ...
By: shyspeak.net
US ups 2009 deficit forecast to 407 bln usd
2008-02-04 16:22:00 WASHINGTON (Thomson Financial) - The Bush administration's new budget plan anticipates a budget deficit that is nearly double from last year's estimate, and a deficit in the current fiscal year that is more than 50 pct higher than what was expected last summer. "The primary reason for increasing deficits in the near term is the President's economic growth package and an expected slowing of receipt growth, due to an expected reduction in corporate tax receipts from recent high levels," the administration said in its budget plan released today. "Another reason for increases in the projected near-term deficits is increasing defense and emergency spending." For fiscal year 2009, which starts this October, the White House expects a 407 bln usd budget deficit, up from the 213 bln usd it anticipated in July. But the White House indicated that this 2009 deficit could go even higher, depending on the need for new funds for anti-terrorism efforts around the world. "Actual funding needs ...
By: Free forex
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