Mar 7 2010

Banks shuttered in Fla., Ill., Md., Utah

Regulators on Friday shuttered banks in Florida, Illinois, Maryland and Utah, boosting to 26 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession.
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Feb 24 2010

It Doesn’t Get Any Clearer Than This

When it comes to keeping track of the score in Washington, the non-partisan Congressional Budget Office is commonly considered to be as independent as they come.  As one noted Republican Member of Congress said, CBO “speak[s] the truth to power here in Washington” and does “an important service by telling us the facts.”  As the [...]

Feb 22 2010

Time Running out Jobless benefits for many may wind down unless … - Courier-Journal

Kentuckians and Hoosiers who have been out of work longer than six months might soon lose the extraordinary amount of unemployment aid made available during the recession. Unless Congress acts when it returns this week, the federal programs that have …
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Feb 17 2010

New GOP ad celebrating stimulus anniversary: ‘Boondoggle’

It was only a year ago that President Obama and Democrats in Washington pushed through their massive $787 billion, “must-pass,” largely unsuccessful, stimulus package, claiming that the stimulus bill was the silver bullet to fix the economy and bring back jobs. In their misguided little liberal minds they believed and claimed the best way to [...]

Feb 8 2010

Where We Are and Where We Were

Along with a massive snowstorm, Friday brought a blizzard of new info on the job market.   From the perspective of our work at the White House, two points stand out, one about where we are and the other about where we’ve been.
First, while there are encouraging signs regarding jobs, they are early signs and must [...]

Feb 8 2010

Banks told to help small businesses - ABH News

Globe and Mail

Banks told to help small businessesABH NewsIn what may be seen as yet another measure to counter the effects of recession, President Barack Obama and state agencies have urged banks to lend money to …Obama urges Congress to back small business planReutersObama Pushes Small Business PlansWall Street JournalObama small-biz loan plan finds support [...]

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