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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 (123680)	2/9/2012 9:29:15 AM
From: Sedohr Nod	7 Recommendations Respond to of 224759

Most economists agree that a sustained change (as shown in the moving averages) of 30,000 claims or more is the benchmark for real job growth or job loss in the economy. Anything less is deemed statistically insignificant by most market analysts. Read more: http://www.investopedia.com/university/releases/joblessclaims.asp#ixzz1ltY0kSk9

To: Kenneth E. Phillipps who wrote (123680)	2/9/2012 11:50:55 AM
From: Hope Praytochange	4 Recommendations Respond to of 224759

The legislation comes after a recent report on CBS's "60 Minutes" that highlighted details about alleged insider trading by both Democratic and Republican lawmakers. That report was inspired by "Throw Them all Out," a book published in November. The House bill of what is called the STOCK Act includes a provision dubbed the "Pelosi Provision" that restricts lawmakers from using their congressional status to gain special access to initial public offerings of stock. The public has no equal right to participate in IPO shares, which are typically sold to the favorite customers of underwriting banks. As a practical matter, institutional investors and high net-worth individuals usually get access to IPO shares before most retail investors. The "60 Minutes" report said Pelosi and her husband have participated in eight IPOs, one of which took place in 2008 from Visa , just as a "troublesome piece" of legislation that would hurt credit card companies began to come under consideration in the House. Pelosi's husband purchased shares of Visa at the initial IPO price of $44 a share and the credit-card legislation under consideration at the time didn't make it to the House floor for a vote, the report said. Pelosi pointed out that tough credit-card legislation eventually passed, two years later

To: Kenneth E. Phillipps who wrote (123680)	2/9/2012 11:58:21 AM
From: Celtictrader	Read Replies (1) \| Respond to of 224759

Public revulsion towards Congress increases By Steve Benen - Thu Feb 9, 2012 9:24 AM EST President Obama's approval rating, like the national economy, has steadily improved recently. Those on the other end of Pennsylvania Avenue aren't nearly as fortunate. A record-low 10% of Americans approve of the job Congress is doing, down from 13% in January and the previous low of 11%, recorded in December 2011. Eighty-six percent disapprove of Congress, tying the record high for disapproval set in December. [...] Democrats' and Republicans' approval of Congress are equally low, at 11% and 12%, respectively, while 8% of independents approve. Gallup published this chart to help drive the point home. Gallup This is, of course, only one survey, but as poll watchers know, these results are not at all unusual. Every major national report in recent months shows Congress' approval rating dropping to levels unseen since the dawn of modern polling. The legislative branch in Washington has never been an especially popular institution, but there's ample evidence to suggest Americans are currently suffering through the least popular Congress ever. It'd be fairly easy for the branch of government to improve its reputation -- lawmakers could, for example, pass some bills that enjoy broad national support -- but so long as there's an inflexible Republican majority in the House, that's not an option. And so the question isn't when Congress will become more popular, but rather, how low can it go?