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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (87697)7/16/2010 9:47:31 AM
From: JakeStraw2 Recommendations  Respond to of 224759
 
Thanks to Obama and Congress more corporations are moving their headquarters overseas.

When you have a tax policy that begs corporations to move workers and profits overseas, this is what you should expect.



To: Kenneth E. Phillipps who wrote (87697)7/16/2010 11:43:12 AM
From: Hope Praytochange  Respond to of 224759
 
NEW YORK, July 16 (Reuters) - U.S. stocks accelerated their sell-off on Friday after Bank of America, Citigroup and GE reported disappointing revenues and consumers turned more pessimistic about the economy.
* The broad S&P 500 fell as much 2 percent, led lower by the financial and consumer discretionary sectors.
* The Dow Jones industrial average dropped 184.33 points, or 1.78 percent, to 10,174.98. The Standard & Poor's 500 Index lost 21.56 points, or 1.97 percent, to 1,074.92. The Nasdaq Composite Index gave up 44.73 points, or 1.99 percent, at 2,204.35. (Reporting by Leah Schnurr; editing by Jeffrey Benkoe) idiot odumba destroys pension funds, took $80000 BP money destroying gulf coast



To: Kenneth E. Phillipps who wrote (87697)7/16/2010 12:04:40 PM
From: tonto1 Recommendation  Respond to of 224759
 
Who is your unemployed candidate that won out east? Just goes to show the poor judgement of partisans.



To: Kenneth E. Phillipps who wrote (87697)7/16/2010 1:00:43 PM
From: Hope Praytochange  Respond to of 224759
 
Financials in red on Bank of America, double dip worries 07/16 09:51 AM

NEW YORK (MarketWatch) -- Financial stocks deepened losses Friday afternoon on investor concerns about a double-dip recession, overriding better-than-expected earnings results and Goldman Sachs Group Inc.'s (GS:$148.2400,$3.0200,2.08%) settlement with the Securities and Exchange Commission.
Bank of America Corp. (BAC:$14.1383,$-1.2517,-8.13%) led the slide, down about 8% after reporting second-quarter earnings of 27 cents a share, or $3.1 billion. The bank cited low credit costs and the sale of noncore assets, offset by decreased trading and mortgage-banking income for the profit.
"People are fixated on top-line growth and the macro situation right now," said Alan Villalon, an analyst at First American Funds, pointing to the loan contraction of 2.1% from the first quarter. "It shows customers are still concerned about taking on leverage, and investors are worrying that if there's no loan growth, there's no expansion and no recovery."



To: Kenneth E. Phillipps who wrote (87697)7/17/2010 1:57:15 AM
From: FJB  Read Replies (2) | Respond to of 224759
 
Obama Has Shot 41 Rounds of Golf as President

by Keith Koffler on July 16, 2010, 3:30 pm

President Barack Obama has played a remarkable 41 rounds of golf since becoming president, easily outpacing his predecessor and possibly damaging his ability to portray himself in 2012 as a populist advocate of average folks.

With the excursions lasting on average at least five hours, the president has devoted a total of more than 200 hours to golf, not counting time spent on the White House putting green. That’s the equivalent of twenty five eight-hour work days, or five work weeks spent smacking golf balls.

whitehousedossier.com