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Friday, August 05, 2011

Stocks Turn South After Brief Rally

After rallying at the open, propelled by a better-than-expected report on U.S. payrolls, stocks have turned negative. The Dow Jones Industrial Average is down 45 points at 11338, and the S&P 500 dropped 10 to 1189.

From Fox News

Doorbell

The following should be watched by everyone who cares about our country!

It nails the significance of the federal debt crisis and the impact of the debt on the next generation. It would make a terrific 60-second television commercial.

Today's Survey Question 8-5-11

Should States reduce the amount of time unemployment benefits are extended, in order to trim their budgets?

Responsible Dog Ownership Day

Salisbury Maryland Kennel Club, 31663 Winterplace Pkwy, Salisbury, Md, along with The American Kennel Club invites the public to participate in their 2011 celebration of Responsible Dog Ownership Day, on Saturday, September 10. If you are interested in being a vendor at the event please contact, Cathy-Jo Williams, mailto:catjowill@yahoo.com or cell 410-430-8191, 9am – 3pm. We will also be conducting a yard sale, if you would like a table space, please contact Carol Peters, mailto:carpeters@comcast.net.

The public is invited to bring their well mannered dogs. Children are to be accompanied by an adult. A dog walk will begin at 9 a.m. Sign up between 8 a.m. & 9 a.m. Fee is $20.00 for the walk plus $5.00 for each additional dog. Money collected will be used to purchase bullet & stab proof dog safety vests for area K-9 units.

K-9 festivities inside SMKC’s air conditioned training center, and outside on their grassy grounds, will include:

Parade of AKC Breeds
Parade of Rescue/Adopted dogs (any adopted or rescue dog is invited to participate)
Group Demos in Obedience
Demos in Agility & Rally
Freestyle Obedience (dancing with your dog)
Safety around dogs
Huge raffle table (benefit SMKC Charitable Trust Fund)
Pets on Wheels (Local Therapy Dogs)
Canine Ambassador (Area School Visitation Program)
$2.00 nail trimming by Cathy’s Pet Salon (benefit local K-9 units)
Food by Chef Stewart of Flannery’s
Controlled Games for you to play with your dogs
Trick dog demo
Wicomico County Humane Society
Veterinarian to answer health maintenance for your pets
Professional groomers to answer grooming questions
Canine Good Citizen (CGC) Testing 10:30 a.m. – 11:00 a.m. ($10.00)
Contact mailto:catjo@yahoo.com with any questions

Don't Miss The Farmer's Market Tomorrow

Judge Awards MGA $309 Million In Bratz Spat



A federal judge ordered toy giant Mattel Inc. to pay rival MGA Entertainment Inc. more than $309 million on Thursday, a sum that dwarfs the $88 million awarded earlier this year by a jury.

The litigation related to a years-long dispute over ownership of the urban, multi-ethnic and street-smart Bratz dolls, which were a runaway hit with girls between ages 9 and 11.

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$23.6 Million Settlement Reached In Sexual Abuse Case Against Oblates Of St. Francis

Victims of childhood sexual abuse and the Catholic religious order of the Oblates of St. Francis de Sales have reached a $23.6 million settlement after seven years of legal proceedings, attorneys said Thursday.
The settlement involves 39 cases in Delaware Superior Court against the Oblate-run Salesianum School in Wilmington, the Delaware-Pennsylvania Province of the Oblates, 220 priests and the worldwide Oblate organization that is composed of another 220 priests throughout the world, attorneys with the Neuberger Law Firm in Wilmington said.


JOBS – LET’S EXAMINE THE GOVERNMENT LIES

Finally, after 50 minutes, I can access the BLS website and sift through their misinformation and lies. There are nothing like pictures to tell the real story. The percentage of Americans in the workforce is the lowest since 1984. Try spinning that one.
Here is a link to the data:
http://www.bls.gov/web/empsit/cpseea03.htm
The government uses two different surveys when reporting their data. I prefer the data in the link above. The 117,000 new jobs is from them calling a bunch of businesses and then making up a birth death number from small businesses. Here are the facts from their own data:
  • The number of employed Americans was 139,296,000 in July. It was 139,334,000 in June. That sure looks like 38,000 LESS Americans were employed than in the previous month.
  • How you may ask could the unemployment rate go down from 9.2% to 9.1% when there are less Americans employed than in the previous month. You need to think like a government drone. They said that 374,000 people that were in the labor force in June decided to leave the labor force in July. How freakcking stupid do they think we are?
  • Obama has the balls to declare that he has created millions of jobs in the last year. Look at his own freaking data. There are 82,000 less Americans employed than there were last September.
  • In the last year 2,181,000 Americans have supposedly LEFT THE WORKFORCE.
  • The employment to population ratio of 58.1% and the participation rate of 63.9% are at new lows which haven’t been seen since Reagan was president.
  • The BLS has the balls to tell us that the unemployment rate has fallen from 9.5% in July 2010 to 9.1% today even though the working age population has gone up by 1,781,000 and the number of employed Americans is only up by 305,000. I want a job making up numbers at the BLS.
So you can see how your friendly government drones operate. We can reduce unemployment with a tweak of our excel spreadsheets. Once you are too depressed to look for a job and are about to jump off a ten story building, the BLS will declare you out of the work force.

Again, pictures tell the real story. Welcome to the Obama Depression.

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Sen. Rubio Talks Budget & Debt On Senate Floor



Take the time to watch this Folks!

Thank God It's Friday

What will you be doing this weekend?

U.S. Spends 60 Percent Of Debt-Ceiling Increase In One Day

Hours after Congress voted to raise the debt ceiling, the national debt rose enough to consume 60 percent of $400 billion allowed.

According to the Washington Times, spending shot up $239 billion on Tuesday, the largest one-day increase in American history.

Other debt news includes this heartening tidbit: Thanks to the big jump, the national debt may well exceed the gross domestic product.

What Happened

After Congress and President plunged the nation further into fiscal chaos by raising the debt ceiling, the government began a one-day spending binge.

Reports the Times: "[t]he debt subject to the statutory limit shot way past the old cap of $14.294 trillion to hit $14.532 trillion on Tuesday, according to the latest the Treasury Department figures, which are released on the next business day."

That increase puts the government already remarkably close to the new debt limit of $14.694, which means one day’s new borrowing ate up 60 percent of the $400 billion in space Congress granted the president this week.

A piddling $400 billion, the increase in the debt ceiling is hardly enough to satisfy the appetite of the big spenders in Washington, D.C. Congress spent nearly $240 billion, a whopping 60 percent in a matter of hours. That figure eclipsed the previous record, the Times reported. On June 30, 2009, Congress helped Obama flush $186 billion down the toilet.

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State Pursues Bradley Property



GEORGETOWN — State officials filed a motion seeking to move forward with a racketeering lawsuit against convicted rapist Dr. Earl Bradley, as it pursues a $600,000 judgment against Bradley's personal property.
If the stay is lifted, the state can apply for default judgment; completing the racketeering case would clear the way for Bradley’s old BayBees Pediatrics offices to be demolished.

GOVERNOR O’MALLEY NAMES MEMBERS TO THE Electric Vehicle Infrastructure Council

Council to coordinate integration of electric vehicles into Maryland communities

ANNAPOLIS, MD – Governor O’Malley today named representatives of automobile manufacturers and dealers, electrical vehicle (EV) charging manufacturers, utilities, electrical workers, State and local governments, and environmental and energy experts to plan and coordinate the successful integration of electric vehicles into Maryland’s communities and transportation system.  The EV Infrastructure Council was created by legislation introduced by the Governor in the 2011 Session (House Bill 167/Senate Bill 176) as part of a package of bills to promote electric vehicles. 

“Clean cars create jobs,” said Governor O’Malley. “The Electric Vehicle Infrastructure Council includes an extraordinarily talented and experienced group of advocates who will help Maryland take the next steps in supporting the roll-out of electric vehicles and infrastructure. The Council will play an important role in coordinating State and local policies that make electric vehicle ownership convenient and economical, create green jobs, and achieve a cleaner, healthier, and more energy independent Maryland. Creating and saving jobs is every Marylander’s business.”

The EV Infrastructure Council is charged with developing statewide standards for streamlined permitting and installation of EV charging stations and supply equipment, developing targeted policies to support fleet purchases for electric vehicles, developing charging solutions for existing and future multi-dwelling units, and increasing consumer awareness and demand for electric vehicles.  The Council will submit an interim report on its work and recommendations by January 1, 2012 and a final report by December 1, 2012.

The Council consists of the following members appointed by the Governor:
  • Maryland Deputy Secretary of Transportation Darrell B. Mobley who will serve as Chair of the Council;
  • Senator Robert Garagiola;
  • Delegate Brian McHale
  • Delegate James Malone;
  • Z. Andrew Farkas, Ph.D., professor and director for the National Transportation Center at Morgan State University;
  • Jill Sorensen, executive-director of the Baltimore-Washington Electric Vehicle Initiative (BEVI);
  • John J. Murach, Jr., director of Business Planning and Corporate Performance at Baltimore Gas and Electric Co.;
  • William Gausman, senior vice president for Strategic Initiatives at Pepco Holdings, Inc.;
  • Jim Kiley, regional director of State Government Relations for General Motors Corporation;
  • Colleen Quinn, vice president for Government Relations and Public Policy at Coulomb Technologies, Inc.;
  • Chris Lepp, electric vehicle infrastructure sales leader for GE Industrial Solutions;
  • Malvin Nolen Duncan, Jr., sales project manager for Holt Electrical Contractors, Inc.;
  • Frederick Hilton Hoover, Jr., Esq., private attorney and former director of the Maryland Energy Administration;
  • Steven Arabia, government relations manager for NRG Energy, Inc.;
  • Marisa Shockley, president of the Maryland Automobile Dealers Association;
  • and Gary Skulnik, Co-Founder of Clean Currents, LLC;
  • Robert N. Rollins, Jr, fleet maintenance and management division chief for Calvert County;
  • Theodore Atwood, director of general services for Baltimore City;
  • Daryl Braithwaite, director of public works for the City of Takoma Park; and,
  • The Honorable Kelly M. Russell, alderman for the City of Frederick.

Boston Mom Erica Ryan Accused Of Punching Baby, Crowd Surrounds Her Until Police Arrive


(CBS/WBZ/AP) BOSTON - Erica Ryan, a mother accused of punching her toddler son in the mouth on a city bus and shouting expletives at him, was surrounded by a "hostile" crowd of passengers until police arrived, authorities said Wednesday.
MBTA police said they were called to the number 23 bus Tuesday around 3:30 p.m. According to the police report, an angry crowd "circled around" 25-year-old Ryan and her one-year-old son, reports CBS station WBZ.

16 Countries, Including Mexico, File Briefs Against New Alabama Immigration Law

In an effort to ensure their citizens are treated fairly in Alabama, 16 nations, including Mexico, filed briefs against the state’s controversial new immigration law that has already drawn fire from the U.S. Department of Justice.

Edward Still, a Birmingham attorney who filed the brief, told The Montgomery Advertiser that the nations “want to have one immigration law and not 50.”

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Bloomberg To Spend Millions Of His Money To Help Black, Latino Males


New York (CNN) -- New York City Mayor Michael Bloomberg on Thursday announced the launch of a major policy initiative to aid the city's minority youth.

And he's footing a good chunk of the bill himself.

We believe it is one of the most ambitious and comprehensive attacks on racial disparity ... that any city has ever undertaken," Bloomberg said Thursday.

New Mexico Mayor Says He Was Drunk When Signing Contracts


Sunland Park, N.M., Mayor Martin Resendiz says he was drunk when he signed nine contracts with a California company that is now suing the city for $1 million.

The Albuquerque Journal reports Thursday that Resendiz acknowledged during a deposition that he had been drinking for several hours with executives of the architectural design firm Synthesis and didn't know what he was signing.

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BREAKING NEWS: Stock Futures Rally On Jobs Data

A day after one of the worst performances on record, stocks are poised for a rebound as a report on July employment painted a better-than-expected picture of the economy. Futures on the Dow Jones Industrial Average, down about 40 points prior the data release, are now pointing to a gain of about 70 points.

From Fox News

Ky. Sisters Sue For Social Security Numbers


(LOUISVILLE, Ky.) — Two sisters who live in rural Kentucky are suing the federal government and trying to get Social Security numbers.
The women were not born in hospitals, never attended public school and only received birth certificates within the last two years after they sued the state. Raechel and Stephanie Schultz say they now need Social Security numbers in order to get a job.

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BREAKING NEWS: Jobless Rate Dips To 9.1 Percent

Unemployment rate dips slightly, to 9.1 percent, as employers add about 117,000 jobs in July.
From Fox News