Add that to increased retail buying and do we have a Economy trying to move upward?
A word of common sense caution…..
With the Holidays and ‘Black Friday’ coming at us ….
There IS going to be hiring and a retail slaes increse…
I dodn’t know how much the figures are ajusted for the seasonal stuff…
But if the jobless and retail figure are good in January and February that WILL be news….
Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, an indication the labor market may be gaining traction.
Applications for jobless benefits decreased 5,000 in the week ended Nov. 12 to 388,000, the lowest level since April, Labor Department figures showed today in Washington. Economists forecast 395,000 claims, according to the median estimate in a Bloomberg News survey. The number of people on unemployment benefit rolls fell to a three-year low.
As firings diminish, U.S. companies may add to payrolls at a faster pace as demand picks up. Sales that grew more than expected in October set the stage for higher levels of output, which could require more employees.
“Layoffs have eased, which is a great sign,” said Omair Sharif, an economist at RBS Securities Inc. in Stamford, Connecticut. “The other side of the equation, however, is that firms are still very hesitant to hire. You’re getting a very gradual improvement in the labor market.”
Builders broke ground on more homes than forecast in October and construction permits climbed to the highest level since March 2010, signs that housing may become less of a laggard in the third year of the U.S. recovery, figures from the Commerce Department also showed today. Starts decreased 0.3 percent to a 628,000 annual rate from September’s 630,000 pace. Permits jumped 11 percent….
|“Why ANYONE would think that THIS GUY could run the United States of America is beyond me….”|
He was third in line once.
“Gingrich received $1.6 million to lobby for the housing agency Freddie Mac.”
He warned them that they were doomed (all the way to the bank!)
Anyhow, his stock has gone back up now that Cain is dropping.
And I would add he and Bill Clinton, who I still say was the greatest “Republican President ” we ever had, created the economy of the 1990′s.
And removed the fail safes from the banking system.
the result of which we are all paying for now.
Will Romney seriously have to think about picking him for VP?
Or is Donald Trump still available.
From the New York Daily News….
About 60 demonstrators were arrested as the mobile protest turned the typical morning rush hour into chaos.
The protest came two days after demonstrators were evicted from the park, and two months to the day since the encampment was launched.
STAY TUNED HERE FOR LIVE COVERAGE FROM OUR REPORTERS ON THE SCENE
The arrestees are being loaded onto a bus right outside the Stock Exchange.
One man being led away in cuffs just shouted “We’ll be back, Stock Exchange”.
During the peak of the protest, a little renegade group walked through Duane Reade’s Pine St. entrance and exited onto Wall St. There were about 30 of them, led by about six activists dressed as green pixies. They didn’t seem to know what to do when they actually emerged onto Wall Street, and cops quickly moved them away. That was the closest any group got to the Stock Exchange itself.
A trader just told me the Stock Exchange floor was “a little more animated” this morning. He said he understood Occupy Wall Street’s grievances even though most of his colleagues did not have any sympathy.
Rick Perry buried in the polls has found something to give him hope?
CD our friend here warned us about this side of the Texas Governor , Republican Rick Perry…
While it took the word “lazy” a few days to amble into the political sphere — Obama was speaking at last weekend’s Asia-Pacific Economic Cooperation conference in Hawaii — it is now spreading across the campaign landscape on winged feet. Republicans say it’s another example in a troubling trend of the president trash-talking his own country, and they warn that the video is now sitting in the vault, ready to be rolled out for campaign ads at all levels next fall. Moreover, some Democratic strategists privately concede that it was a bad moment for the president, even if it’s harder to pin the remark on other Democrats.
“You will definitely see more of it,” said Carl Forti, a former top official at the National Republican Congressional Committee who is a founder of political consulting firm Black Rock Group. “It’s definitely something campaigns will use.”
Regardless of the narrow scope of foreign investment, one Democratic strategist suggested Republicans would be guilty of political malpractice if they didn’t run it on a loop.
“I would bang that drum like I was in Occupy Wall Street,” said the strategist, who requested anonymity to speak freely about how to campaign against Democrats.
But Bill Burton, a former White House spokesman who co-founded the super PAC Priorities USA, said it is “laughable” for Romney and others to take the president’s remark out of context and use it as a political weapon, arguing that Republicans have run a “deeply negative and depressing campaign” that lacks optimism about America’s future.
A former spokesman for the Democratic Congressional Campaign Committee, Burton said the potential impact on congressional races is “pretty overstated.”
The controversy started when Obama, responding to a question about impediments to foreign investment, attributed the perception to a lack of motivation in the United States.
“I think it’s important to remember that the United States is still the largest recipient of foreign investment in the world. And there are a lot of things that make foreign investors see the U.S. as a great opportunity: our stability, our openness, our innovative free-market culture,” the president said to business executives. “But we’ve been a little bit lazy, I think, over the last couple of decades. We’ve kind of taken for granted — well, people will want to come here, and we aren’t out there hungry, selling America and trying to attract new business into America.”
Obama campaign spokesman Ben LaBolt said Romney and Perry have it all wrong.
“Rick Perry and Mitt Romney apparently don’t think the president should encourage CEOs to promote the United States abroad in order to create American jobs and attract investment at home,”
by David Waldman @Daily Kos
Recapping yesterday’s action:The House passed H.R. 822, the Upside-Down Federalism for Guns ‘N Stuff Act, making its way through nine amendments, a motion to recommit and final passage all in the space of about four hours. In addition, they approved H.R. 674,the repeal of the never-implemented 3% withholding measure for federal contractors, and the VOW to Hire Heroes provisions added to it by the Senate.
The only actual output from the Senate today was a series of non-controversial measures passed by unanimous consent. Debate on the second “minibus” appropriations bill did indeed fall by the wayside in anticipation of an upcoming continuing approps bill. The minibus, then, will remain in limbo until the more pressing business is dispensed with.
Looking ahead to today:
The House today takes up that most woeful pageant in Republican fantasy, the “Balanced Budget Amendment,” though—or perhaps because—passage of such an amendment at this stage could cost millions of jobs and plunge the country into economic crisis beyond repair. Holding the vote, though, is necessitated by a provision of the Budget Control Act, the deal struck to end the debt ceiling hostage situation at the beginning of August, and which created the trainwreck that became the Stupor Committee. It’s failing right before our eyes, as practically everyone with two brain cells to rub together knew would be the case, and yet here we are, honoring the other idiotic obligations created by that act.
Following that piece of kabuki theater, it’s on to what’s become the continuing appropriations bill, H.R. 2112, which we last saw passing the Senate after having been converted into the first “minibus” bill. It’s since been the subject of a House-Senate conference, and I’m taking the fact that it actually made it through a negotiating process and then emerged as a government-wide continuing approps bill as a sign that there won’t be any serious hostage taking this time around.
The Senate remains in a holding pattern, awaiting the delivery of the continuing appropriations bill from the House, but dropping the second minibus for the time being, in favor of S.1867, the Defense authorization bill instead.
Today’s floor and committee schedules appear below the fold….
Someone has done us the service of complining a list of Newt Gingrich’s history…..
Why ANYONE would think that THIS GUY could run the United States of America is beyond me….
But he SHOULD be laughing….
People are pretty stupid to be singing his praises….
Newt Gingrich’s improbable surge in the polls for the GOP presidential nomination has surprised nearly everyone, including TNR, and given rise to an important question: How, exactly, should one cover a candidate who already possesses enough baggage to sink a small feighter? Though Gingrich’s ship may sail before reporters have time to unpack it all, the following collection of embarrassing words and deeds attributed to Newt will live forever:
1. Gingrich divorced his first wife for Marianne Ginther, whom he began courting while he was still married. He informed his first wife of his plans while she was in the hospital receiving treatment for cancer. Of course, Gingrichexplained that he had an excuse for his adultery: “There’s no question at times of my life, partially driven by how passionately I felt about this country, that I worked far too hard and things happened in my life that were not appropriate.” Patriotism!
2. Gingrich received $1.6 million to lobby for the housing agency Freddie Mac. When asked what he was doing to deserve such a high fee, he replied he was giving “strategic advice” and further claimed to be offering his services as “a historian.”
3. On Obama, Gingrich asked: “What if he is so outside our comprehension, that only if you understand Kenyan, anti-colonial behavior, can you begin to piece together [his actions]?”
4. Gingrich once gave a Congressional speech so controversial that Tip O’Neill called it “the lowest thing I’ve ever seen in my 32 years of Congress,” and Trent Lott demanded it be stricken from the record. Highlights included his assertion that Democrats believe “America does nothing right.” In the same time period, Gingrich is also quoted as saying Democrats will bring to the U.S. “the joys of Soviet-style brutality and the murder of women and children.”
New Bloomberg polls in New Hampshire and Iowa find wide majorities of likely Republican voters view Mitt Romney as “smart, business-savvy and fit to be president” however “substantial numbers, almost half in Iowa and two out of five in New Hampshire, also view him as someone who will do or say anything to get elected, ‘a flip-flopper,’ or not a true social conservative.”
“Those warring impressions help explain how Romney has attained front-runner status in national polls while remaining unable to secure enough backing to break away from his rivals.”
Said pollster Ann Selzer: “They see the competence, and they see that the problems that are immediately to be solved are in his wheelhouse, but there’s sort of this lurking suspicion about whether they can trust him or that he is going to be their guy on social, moral issues….
While Europe is having HUGE Economic problems….
Developing big political problems…..
The President has pivoted to shower attention on the part of world that has Economic growth….
2,500 US Marines training in Australia isn’t anything but a symbolic move….
But it works in showing the countries in the region that the US has stopped to look at THAT part of the world…
And that is a going to go along way to deal with the worries about China’s rising economic hunger and military flexxing….
Pretty darn smart if you think about it….
President Barack Obama waves to the troops after speaking at the Royal Army Air Force Base in Darwin, Australia, Thursday, Nov. 17.
Confronting anxiety about China’s growing political and economic clout, President Obama announced a strategic shift by the United States to reassert its role as the dominant military power in the Pacific as it pulls back from post-Sept. 11 wars.
Speaking Thursday in the Australian capital, Canberra, Obama pledged to support the dispatch of more U.S. troops, joint training operations and military exercises in the Asia-Pacific region as the Pentagon draws down in Iraq and Afghanistan. He called the commitment to boost the U.S. military presence a top priority.
“The United States is a Pacific power, and we are here to stay,” Obama said in an address to the Australian Parliament.
Although initial steps to broaden America’s security umbrella in the region appear more symbolic than dramatic, Obama’s message marked a clear change after Washington’s near-constant focus on battling terrorism over the last decade. Many governments in Asia considered Islamic extremism secondary to broader economic challenges and the growing assertiveness of China.
“After a decade in which we fought two wars that cost us dearly, in blood and treasure, the United States is turning our attention to the vast potential of the Asia-Pacific,” he said.
“With most of the world’s nuclear powers and some half of humanity, Asia will largely define whether the century ahead will be marked by conflict or cooperation, needless suffering or human progress,” he added.
Cuts in U.S. defense spending to help rein in huge budget deficits “will not — I repeat, will not — come at the expense of the Asia-Pacific,” he said.
It has been clear throughout Obama’s trip that his focus is on China.
The United States does not fear China’s rise, he said at a news conference Wednesday with Australian Prime Minister Julia Gillard. But he said that Chinese leaders must “play by the rules of the road.”
Leading Off:• KY Redistricting: Kentucky’s been one of the laggard states when it comes to redistricting, I suspect because pols there wanted to wait until their odd-numbered-year elections concluded. But now things are finally moving forward, and Democrats are out with new proposed maps, which you can see below. Both of them shore up Dem Rep. Ben Chandler, but note that these are just initial drafts/ Democrats control the governor’s mansion and the state House, but the GOP runs the Senate, so either a compromise or a court-drawn map will be necessary.
Senate:• PA-Sen: Sam Rohrer, who has been inching toward a run for some time, will formally join the Republican primary field on Monday. Rohrer is a former head of the Pennsylvania chapter of Americans for Prosperity, the notorious Koch brothers front group.
|POTUSGingrich: Newt mentioned four possibilities for the VP slot if he gets the nomination: Marco Rubio, Rob Portman, Susana Martinez, and in a surprise, Herman Cain. Gingrich also said he would serve as Cain’s VP if asked.|
Huntsman: Jon Huntsman popped up to remind us that he is the only candidate (other than Obama) who supported the debt deal, and accused his opponents of wanting to default. He also claimed to be the only candidate to embrace the Ryan budget, which seems odd since Bachmann voted for it.
Romney: Terry Branstad is aware that Romney is half-contesting Iowa, and he doesn’t like it. The governor warns that Mitt could go the way of Rudy ’08 if he performs particularly poorly in the caucuses. Branstad adding that “Iowans don’t like to be ignored,” which suggests that Romney’s lack of involvement in the caucus could hurt him in the general.
Iowa: Rep. Steve King, probably the state’s most influential SoCon, hasn’t decided whether he will endorse for President. He supported Fred Thompson in 2008, but didn’t endorse him until December, which he called “too late.” If King passes, it will mean the entire Iowa GOP delegation has declined to endorse, since Latham and Grassley have already proclaimed neutrality.
More Iowa: Mike Huckabee will host a pro-life forum on December 14th in Des Moines, sponsored by Citizens United. All 8 debate-level candidates are invited, although with Romney and Huntsman skipping this weekend’s family forum, they seem like long-shots to attend this one.
New Hampshire: Here’s the general election portion of yesterday’s Bloomberg Poll: Romney 50, Obama 40. Surprisingly, Romney seems to be the only candidate tested.
New Jersey: Quinnipiac’s regular checkup on Jersey shows Romney still within single digits of Obama (49-40), and with a 7-point primary lead over Gingrich. Obama’s approvals in NJ are 48-48.
National Polling: Fox News weighs in and gives Gingrich his second national lead of the week (all three frontrunners have led at least one poll in the last few days). It’s a 23-22 advantage for Newt over Romney, with Cain back at 15. The poll also has general elections: Romney wins by 2; Gingrich loses by 5 and Cain by 9.