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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (77848)	2/23/2010 10:59:56 AM
From: Sully-	1 Recommendation Read Replies (1) \| Respond to of 90947

Consumer confidence tumbles in February By Chavon Sutton, staff reporter February 23, 2010: 10:39 AM ET NEW YORK (CNNMoney.com) -- A closely-watched measure of consumer confidence fell sharply in February after three straight months of improvement, a research group said Tuesday. The Conference Board, a New York-based research group, said its Consumer Confidence Index fell to 46.0 in February from an 56.5 in January. According to a Briefing.com consensus survey, economists expected the index to fall slightly to 55.0 from 55.9. The index, which is based on a survey of 5,000 U.S. households, is closely monitored because consumer spending drives two-thirds of the nation's economic activity. February's present situation index, which indicates how consumers feel about current economic conditions, hit a 27 year low of 19.4, according to the Conference Board. That means that consumers feel things are worse now than they were during the throes of the financial crisis in the fall of 2008. The expectation index, a measure of consumer outlook over the next few months, also fell to 63.8 from an upwardly revised 77.3 in January. Only 16.7% of consumers expect to see improvement in business conciliations over the next 6 months, down from 20.7%. money.cnn.com

To: Sully- who wrote (77848)	2/24/2010 10:32:01 PM
From: Sully-	2 Recommendations Respond to of 90947

Leaked email: ACORN not going away, just rebranding By: Mark Hemingway Commentary Staff Writer 02/24/10 11:56 AM EST There has been some chatter recently about corrupt liberal activist group ACORN dissolving its national structure. But a leaked email confirms that the organization isn't going away, just emerging under a new name. Matthew Vadum has the details: <<< “The truth is that it is hard for us to forsee [sic] any scenario where ACORN continues beyond the end of 2010 and some of us think it might not last that long,” writes Nathan Henderson-James, director of ACORN’s online campaigns, in an apparently authentic Feb. 22 email. “Last one to leave turn out the lights and wipe the server,” he writes at the end of the message. In the email Henderson-James explains the subterfuge ACORN will use to lead Americans to believe ACORN is breaking apart. “It is definitely true that over the next week or so we should see a dozen or more organizations launched on the state level by staff who used to work for ACORN and leaders who developed their skills as ACORN members. These are not just simple name changes, but reimaginings of how best to organize low and moderate income constitiuencies [sic] without any of the legal problems and funding issues dogging ACORN, not to mention the brand damage.” It is a “tactically smart…reaction to the global situation that helps the work of building power for poor people to continue,” writes Henderson-James, an ACORN employee since 1997. >>> Read more at the Washington Examiner: washingtonexaminer.com