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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (693064)7/20/2005 8:02:12 PM
From: jlallen  Respond to of 769670
 
So what?



To: Kenneth E. Phillipps who wrote (693064)7/20/2005 8:15:13 PM
From: Hope Praytochange  Respond to of 769670
 
Democratic Filibuster of Roberts Unlikely
By THE ASSOCIATED PRESS
Filed at 7:37 p.m. ET

WASHINGTON (AP) -- The possibility of a Democratic filibuster against Supreme Court nominee John Roberts in the Republican-controlled Senate seemed to all but disappear Wednesday.

One key Democrat said Roberts was ''in the ballpark'' of being a non-confrontational selection, and a Judiciary Committee Democrat said she didn't think Bush's nominee was ''filibuster-able.''

At the same time, a conservative group purchased TV ad time in support of Roberts while abortion rights groups staged protests against him at the Supreme Court and Capitol.

On Capitol Hill, Republicans moved to squeeze Roberts' confirmation hearings and vote into a one-month timeframe after Labor Day.

While refusing to commit before Roberts' confirmation hearing, Senate Democratic leader Harry Reid of Nevada said he hadn't heard any senators in his party mention filibustering President Bush's replacement for retiring Justice Sandra Day O'Connor.

''Do I believe this is a filibuster-able nominee? The answer would be no, not at this time I don't,'' said Sen. Dianne Feinstein of California, a strong abortion-rights supporter and a Democratic member of the Judiciary Committee.

Several of the seven GOP members of the so-called ''Gang of 14'' who brokered a deal over judicial filibusters indicated they thought a filibuster against Roberts would be unwarranted. Most have already praised Roberts, and their support would make it almost impossible for Democrats to carry out a filibuster.

The fourteen senators will meet Thursday morning to talk about Roberts.

''I think that Judge Roberts deserves an up-or-down vote, and I hope that the other members of that group agree with me,'' said Sen. John McCain, R-Ariz.

Democrat Joe Lieberman of Connecticut said the group had sent a message to the president to send the Senate a mainstream conservative. ''And it appears at first look that Judge Roberts is that,'' he said.

Roberts is ''in the ballpark of a non-confrontational nominee,'' Lieberman added.

Judiciary Committee Arlen Specter, R-Pa., said he preferred waiting until September to begin hearings, though that would give the Senate just four weeks to complete all action on Roberts.

O'Connor has said she will stay on the court until Roberts is confirmed, but Republicans believe Roberts is more conservative and would rather have him voting on close cases than O'Connor, who has been the swing vote in several 5-4 decisions by the justices.

Specter hinted that he may allow only three or four witnesses at Roberts' confirmation hearing, and that he doesn't see it going beyond three or four days. ''But we're not going to rush it,'' he said. ''We're going to take whatever time is needed.''

Senators also may hold closed hearings if there is confidential information to be discussed, Specter warned. Roberts' confidential FBI file may be stored in the Capitol's fourth floor intelligence briefing rooms to keep media leaks to a minimum, Specter added.

To support Roberts, the conservative Progress for America said it will spend $1 million on grass-roots efforts and the first Roberts advertising on TV, radio and the Internet.

The television ads, scheduled to start Wednesday night, will be limited to national cable news channels. The ads will also be shown Sunday in the Washington, D.C., television market during the morning talk shows on local affiliates of CBS, ABC and NBC.

''Shouldn't a fair judge be treated fairly? Urge the Senate to give John Roberts a fair up-or-down vote,'' the ad says, a reference to the simple majority of 51 votes needed to confirm rather than 60 votes required to overcome a filibuster.

Abortion-rights groups rallied in Washington in hopes of building support to stop Roberts' confirmation.

Several hundred women marched Wednesday morning in front of the Supreme Court, which faces the east front of the U.S. Capitol, carrying signs that said, ''Save Roe!'' and ''Our bodies, our lives, our right to decide!'' Others headed to a Senate office building where Roberts was to meet with top Judiciary Democrat Patrick Leahy of Vermont.

------

Senate Judiciary Committee: judiciary.senate.gov

Progress for America: judgeroberts.com



To: Kenneth E. Phillipps who wrote (693064)7/20/2005 8:19:29 PM
From: Sully-  Respond to of 769670
 
Quote of the Day

-- PoliPundit

Justice Sandra Day O’Connor, on John Roberts:
   “I have watched Judge Roberts since he has been an 
advocate before our court, and I and my colleagues have
been enormously impressed with his scholarship and his
skills. He’s earned an excellent reputation as a lawyer,
so I think he’s very well qualified.”
(Link via Stones Cry Out)

polipundit.com

news.yahoo.com
AiZuVZ.qx8wgMRFnDUZtvjluCM0A;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl

stonescryout.org



To: Kenneth E. Phillipps who wrote (693064)7/20/2005 10:02:19 PM
From: steve dietrich  Read Replies (1) | Respond to of 769670
 
To bush that would be hard steel mill work.



To: Kenneth E. Phillipps who wrote (693064)7/21/2005 8:35:36 AM
From: TideGlider  Read Replies (3) | Respond to of 769670
 
DJ US Jobless Claims -34K To 303K In Jul 16 Wk; Survey -11K

07/21/2005
Dow Jones News Services
(Copyright © 2005 Dow Jones & Company, Inc.)



(MORE TO FOLLOW) Dow Jones Newswires

07-21-05 0829ET

Copyright (c) 2005 Dow Jones & Company, Inc.

*DJ US Jul 16 Week Continuing Claims -41K to 2,577,000



(MORE TO FOLLOW) Dow Jones Newswires

07-21-05 0829ET

Copyright (c) 2005 Dow Jones & Company, Inc.

*DJ US Jul 9 Week Jobless Claims Revised To 337K From 336K



(MORE TO FOLLOW) Dow Jones Newswires

07-21-05 0829ET

Copyright (c) 2005 Dow Jones & Company, Inc.

DJ US Jobless Claims -34K To 303K July 16 Week; Survey -11K

By Jeff Bater
Of DOW JONES NEWSWIRES

WASHINGTON (Dow Jones)--New claims filed by U.S. workers for unemployment benefits made their biggest drop in more than two years last week following a period of heavy automobile industry layoffs.

Initial jobless claims decreased by 34,000 to a seasonally adjusted 303,000 in the week that ended July 16, the Labor Department said Thursday. The four-week average fell to 318,000 from 321,250.

Wall Street expected a smaller decrease. The median estimate of 16 economists surveyed by Dow Jones Newswires and CNBC was for new claims to have declined by 11,000 to 325,000 last week.

The drop was the sharpest since claims fell by 35,000 the week of Dec. 21, 2002, a Labor Department statistician said. Also, it was the lowest level of claims since filings fell to 299,000 the week of April 16 this year.

Economists say weekly claims below 350,000 usually indicate moderate job growth. In June, U.S. employers boosted hiring. Non-farm payrolls grew by 146,000 jobs last month. Over the past year through June, the monthly average of job growth was 171,500.

The 34,000-claim drop last week followed an increase the prior week attributed to auto industry layoffs. During the week of July 9, initial claims rose by 16,000 to a revised 337,000. Originally, Labor reported claims climbed by 16,000 to 336,000. Revisions are routine.

The automobile industry closes factories in early summer and makes adjustments required to produce new models of cars and trucks. The annual plant retooling triggers layoffs, elevating jobless claims.

In all, 43 states and territories reported an increase in unadjusted initial claims for the week of July 9, while 10 reported a decrease, Labor said Thursday. Data for last week are not yet available.

Michigan reported the biggest increase, saying claims rose by 27,496 because of layoffs in the auto and transportation equipment industries. New Jersey reported the biggest decrease - a drop of 3,633 that it attributed to fewer layoffs in the transportation, warehousing, trade and service industries.

The Labor Department said the number of workers drawing unemployment benefits for more than a week fell in the week that ended July 9, the latest period for which data are available.

That number - known as continuing claims - declined by 41,000 to 2,577,000. The jobless rate for workers with unemployment insurance decreased to 2.0%.


-By Jeff Bater; Dow Jones Newswires; 202-862-6616; jeff.bater@dowjones.com


(END) Dow Jones Newswires

07-21-05 0830ET

Copyright (c) 2005 Dow Jones & Company, Inc.



To: Kenneth E. Phillipps who wrote (693064)7/21/2005 9:00:38 AM
From: Hope Praytochange  Respond to of 769670
 
Another interesting fact: More than 85 percent of the 104 companies in the S&P 500 that reported earnings through yesterday either met or beat expectations, according to data compiled by Bloomberg.

So where does that leave us? Well, as we have stated for some time now, the rally will continue in both Europe and the U.S. Major resistances have been broken and the technical picture is severely one-sided: Shares will go up! Riding the rally, of course, is not a strategy purely derived from technical analysis but we definately take comfort in the fact that when markets dip like they did yesterday, basically all crucial support levels hold up. Tech shares are leading the way and the Nasdaq is raaring upwards. Next test for the Nasdaq 100 Index is last year's high around 1630.

Our positions:

SDIA.ST - quote now 43.20
Entry 42.75, stop 42.50, target 48.00
No news out. Short-term you could unload at 44.00

QCOM.O - quote now 36.10
Entry 34.99, stop 34.99, target 38.00
Strong up-tick yesterday and strong earnings after the bell. Stock traded at 37.50 after-hours.

We were stopped out of Google for a decent profit, of the Dow Industrial Index breaking even and. We put in a short S&P index intra-day yesterday but was stopped out as the markets turned around, incurring a small loss.

Europe to carry the rally further today, stock index futures point to a higher opening.



To: Kenneth E. Phillipps who wrote (693064)7/21/2005 9:03:11 AM
From: Hope Praytochange  Respond to of 769670
 
Crude oil prices fell in New York for a second day after a U.S. Energy Department report showed stockpiles declined less than analysts forecast and supplies of heating oil and other distillate fuels rose. Crude oil and heating oil declined in reaction to a distillate stock build and a less-than-expected crude draw while gasoline held steady following a stock draw.

"This could well lead to a fall of the oil price toward $56,'' said Tobias Merath, an oil analyst at Credit Suisse in Zurich. "This is rather bearish news", he said in an interview with Bloomberg.

On a slightly different note, the U.S. government yesterday warned its citizens in Saudi Arabia, the world's largest oil producer, of a possible terrorist attack in the kingdom. Saudi Arabian security forces have been battling for more than two years against suspected sympathizers of Osama bin Laden's al-Qaeda network, who have targeted Westerners in a bid to undermine the ruling al-Saud family and threaten the oil industry. Attacks last year, in which six U.S. citizens died, helped pushed oil prices to a record high.

Trade Strategy: Short term bearish.