Category Archives: Economy

Equality, The Essence of Life – Part II – Our Number One Problem

By Patricia L Johnson and Richard E Walrath Part one of this series dealt with an excellent solution for dealing with the extraordinary income equalities we are now facing in this country. The solution was offered by Economist, Milton Friedman, … Continue reading

Posted in Economy, Government, News and politics | Tagged , , , , , , , , | Leave a comment

US Trade Wars and You

By:  Richard E Walrath and Patricia L Johnson Biggest, best, highest, lowest are all terms all too familiar with this Administration, so let us apply those terms to trade. On September 5, 2018 the monthly trade report was released indicating … Continue reading

Posted in Economy, News and politics | Tagged , , , , , , , , , | Leave a comment

US Economy and You

By Patricia L Johnson and Richard E Walrath What is the first thing that comes to mind when you think of the US economy?  We think it would be safe to assume most US voters think of the monthly Jobs … Continue reading

Posted in Economy, News and politics | Tagged , , , , , , , | Leave a comment

Harvard University Report – “The State of the Nation’s Housing 2015”

Click to access jchs-sonhr-2015-full.pdf

Posted in Economy | Tagged , , , , , | Leave a comment

Minutes of the Federal Open Market Committee April 28–29, 2015 – Release Date May 20, 2015 – 2:00 EDT

Click to access fomcminutes20150429.pdf

Posted in Economy | Tagged , | 4 Comments

Economic Projections of Federal Reserve Board Members and Federal Reserve Bank Presidents, March 2015

ECONOMIC PROJECTIONS OF FEDERAL RESERVE BOARD MEMBERS

Posted in Economy | Tagged , | Leave a comment

New York Federal Reserve – Empire State Manufacturing Survey – Released March 16, 2015

Empire State Manufacturing Survey

Posted in Economy, Government | Tagged , | Leave a comment

FRB: Press Release–Federal Reserve issues FOMC statement–January 28, 2015

FRB: Press Release–Federal Reserve issues FOMC statement–January 28, 2015.

Posted in Economy, News and politics | Leave a comment

The Budget and Economic Outlook: 2015 to 2025 | Congressional Budget Office

The Budget and Economic Outlook: 2015 to 2025 | Congressional Budget Office. Note from P.L. Johnson The budget deficit for FY 2015 is estimated to come in at $468 billion, which is calculated at 2.6% of GDP and will be the lowest … Continue reading

Posted in Economy, Government, National Debt, News and politics | Tagged , , , , | 2 Comments

TIDBITS – January 17, 2015, The Art of Job Creation

By Patricia L Johnson Calendar year 2014 turned out to be a banner year for nonfarm payroll employment a.k.a. job creation in the United States, with a total of 2,952,000* jobs created, or an average of 246,000* jobs created per … Continue reading

Posted in 2016 Elections, Economy, Employment, Government, History, News and politics | Tagged , , , , , | Leave a comment

Financial Stability Oversight Council Releases Request for Comment on Asset Management Products and Activities

Financial Stability Oversight Council Releases Request for Comment on Asset Management Products and Activities.

Posted in Economy, Government | Tagged , , | 2 Comments

1 in 30 U.S. Children Homeless, while Billions spent on election cycle

http://www.homelesschildrenamerica.org/mediadocs/280.pdf. America’s Youngest Outcasts is a November 2014 report issued by The National Center on Family Homelessness organization indicating there are 2.5 million children left homeless each year in this country. In plain English that means that 1 out of every … Continue reading

Posted in Economy, Elections 2014, Government, History, Household, News and politics | Tagged , , , , | Leave a comment

Economic Indicators SEPTEMBER 2014 (Includes data available as of October 3, 2014)

For those of you that still have doubts about how our economy is doing, you might want to review the following: http://www.gpo.gov/fdsys/pkg/ECONI-2014-09/pdf/ECONI-2014-09.pdf.  

Posted in Economy | Tagged , | Leave a comment

1.7% COLA Increase for Social Security Beneficiaries for 2015

By Patricia L Johnson Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 64 million Americans will increase 1.7 percent for December 2014, according to the Social Security Administration announcement of October 22, 2014. The majority of beneficiaries … Continue reading

Posted in Economy, Government, Household, News and politics | Tagged , , , , , | 6 Comments

US poised to become world’s leading liquid petroleum producer – FT.com

US poised to become world’s leading liquid petroleum producer – FT.com.

Posted in Economy, International, News and politics | Tagged , , , , , | Leave a comment

Income and Poverty in the United States: 2013 Current Population Reports Issued September 2014

http://www.census.gov/content/dam/Census/library/publications/2014/demo/p60-249.pdf.

Posted in Economy, Government | Tagged , , | Leave a comment

54 Consecutive Months of Private-Sector Job Growth

By Patricia L Johnson The first thing I heard from the media today about the most recent jobs report is the word only.   Only 142,000 jobs were created in August 2014.  They failed to notice our latest job creation report … Continue reading

Posted in Economy, Employment, Government | Tagged , , , , , , , | Leave a comment

The U.S. Deficit as a Percentage of GDP

By Patricia L Johnson The U.S. deficit has been a major topic of discussion, especially when it gets close to an election.  The opposing party has continually used the deficit as a topic of conversation to indicate how poorly the U.S. … Continue reading

Posted in Economy, Elections 2014, Government, News and politics | Tagged , | 4 Comments

Presidents and the U.S. Economy: An Econometric Exploration Alan S. Blinder and Mark W. Watson Woodrow Wilson School and Department of Economics Princeton University July 2014

http://www.princeton.edu/~mwatson/papers/Presidents_Blinder_Watson_July2014.pdf.   “We begin in Section 1 by documenting this fact, which is not at all “stylized.” The U.S. economy not only grows faster, according to real GDP and other measures, during Democratic versus Republican presidencies, it also produces more … Continue reading

Posted in Economy, News and politics | Tagged , , , , , , , , , | 2 Comments

Republican Fiscal Year 2015 Budget

budget.house.gov/uploadedfiles/fy15_blueprint.pdf.

Posted in Economy, Government | Tagged | 2 Comments

CoreLogic Reports Home Prices Rise by 12.2 Percent Year Over Year in February

CoreLogic Reports Home Prices Rise by 12.2 Percent Year Over Year in February. We’ve now had 24 months of consecutive year-over-year increases in home prices nationally

Posted in Economy, News and politics | Tagged , , , | Leave a comment

-Federal Reserve System annual financial statements

FRB: Press Release–Federal Reserve System publishes annual financial statements–March 14, 2014.

Posted in Economy, Government | Tagged , , | Leave a comment

U.S. National Debt – Cause and Effect

By Patricia L Johnson and Richard E Walrath Each year the CBO, Congressional Budget Office, releases a report titled The Budget and Economic Outlook with their projections for the period beginning the year it’s released and containing projections for the … Continue reading

Posted in Economy, Elections 2014, Government, News and politics | Tagged , , , , , , , , , , , , , , , , , | 6 Comments

Crude Facts about Crude Oil 2014 – Why the Price of Gasoline and Diesel Fluctuates

Source: U.S. Energy Information Administration (FEB 2014) By Patricia L Johnson The above graphics from the U.S. Energy Information Administration represent the various costs that go into a gallon of gasoline and a gallon of diesel as of January 2014. … Continue reading

Posted in Economy, Government, News and politics | Tagged , , , , , , , , , , , , , , | Leave a comment

Republicans at Work – NOT Taking Care of Business

By Patricia L Johnson and Richard E Walrath Following is an excerpt from a letter written February 7, 2014 to John A. Boehner, Speaker of the House from Department of Treasury Secretary, Jacob J. Lew. “As you know, the Continuing … Continue reading

Posted in Economy, Elections 2014, Government, National Debt, News and politics | Tagged , , , , , , , , , | 2 Comments

myRA: A Start to a Secure Retirement | Opinion | McClatchy DC

myRA: A Start to a Secure Retirement | Opinion | McClatchy DC.

Posted in Economy, Government, News and politics | Tagged , , | Leave a comment

2013 Job Growth averaged 182,000 Jobs Per Month

© 2014 Patricia L Johnson

Posted in Economy, Employment, Government, News and politics, Only in America News | Tagged , , , , , , , | Leave a comment

Former President Bill Clinton Explains the Affordable Care Act | The White House

Former President Bill Clinton Explains the Affordable Care Act | The White House.

Posted in Economy, Government, Health and wellness, Health, Uninsured | Leave a comment

President’s Budget of the U.S. Government FY2014

Budget of the U.S. Government.

Posted in Economy, Government, Medicare, National Debt, News and politics | Tagged | Leave a comment

FRB: Press Release–Federal Reserve issues FOMC statement–December 12, 2012

FRB: Press Release–Federal Reserve issues FOMC statement–December 12, 2012.

Posted in Economy | Tagged | Leave a comment

The Republican Wall of Ignorance

By Patricia L Johnson Speaker John A. Boehner (R-OH) made the following statement on November 9, 2012, which is the same position the Republican Party has taken for years on the subject of taxes. “Raising tax rates will slow down … Continue reading

Posted in Economy, Employment, News and politics | 1 Comment

www.fixthedebt.org/uploads/files/CEOs Supporting Fix the Debt Campaign Agree to Key Principles for a Debt Deal.pdf

http://www.fixthedebt.org/uploads/files/CEOs Supporting Fix the Debt Campaign Agree to Key Principles for a Debt Deal.pdf.

Posted in Economy, Government | Leave a comment

Transcript And Audio: Vice Presidential Debate : NPR

Transcript And Audio: Vice Presidential Debate : NPR.

Posted in Economy, Elections 2012, Employment, Government, Health, Uninsured, Medicare, National Debt, News and politics, Safety and Security, U.S. History, U.S. Military, War | Leave a comment

Outside Spending for 2012 Election

Outside Spending | OpenSecrets.

Posted in Economy, Elections 2012, Employment, Government, Health and wellness, Health, Uninsured, Immigration, Iraq War, National Debt, News and politics, U.S. Military, War | Leave a comment

DNC 2012: Bill Clinton’s speech at the Democratic National Convention (Full transcript) – The Washington Post

DNC 2012: Bill Clinton’s speech at the Democratic National Convention (Full transcript) – The Washington Post.

Posted in Economy, Elections 2012, Employment, Global Warming, Government, Health and wellness, Health, Uninsured, Immigration, Iraq War, Medicare, National Debt, News and politics | Tagged , | Leave a comment

BEA – GDP second quarter 2012, second estimate = annual rate of 1.7 percent

Real gross domestic product (GDP) grew at an annual rate of 1.7 percent in the second quarter of 2012, according to today’s second estimate. This follows a growth rate of 2.0 percent in the first quarter of 2012. Gross Domestic … Continue reading

Posted in Economy, Elections 2012, News and politics | Leave a comment

Executive Excess 2012: The CEO Hands in Uncle Sam’s Pocket – IPS

Executive Excess 2012: The CEO Hands in Uncle Sam’s Pocket – IPS.

Posted in Economy, News and politics | Leave a comment

Industrial Production and Capacity Utilization

Industrial Production and Capacity Utilization.

Posted in Economy, Government, News and politics | Tagged , , | Leave a comment

The Trends on Job Creation

 By Patricia L Johnson The job losses in this country began in February 2008 with a loss of 84,000 jobs and we continued losing jobs each month for the next 24 months, with February 2010 jobs losses at 35,000.  During … Continue reading

Posted in Economy, News and politics | Tagged , , , , | Leave a comment

How Far does it have to Fall before it’s considered a Failure?

Opinion by Patricia L Johnson The big news today is the $2 billion loss JPMorgan Chase & Co. racked up in the past six week period of time on credit derivatives. CEO Jamie Dimon stated the derivative bet was “flawed, … Continue reading

Posted in Economy, News and politics | Tagged , , , , , , , | Leave a comment

The Buffett Rule | The White House

The Buffett Rule | The White House.

Posted in Economy, News and politics | Leave a comment

The Two Sides of Truth a.k.a. Deficit 101

Opinion by Patricia L Johnson We can generally assume there are two sides to any statement, which has been made abundantly clear in the Treyvon Martin, George Zimmerman shooting. There is the George Zimmerman version that he shot the young … Continue reading

Posted in Economy, Elections 2012, Government, News and politics | Tagged , , , , , , , , , | Leave a comment

Are the Republicans Really Going to Renege?

Opinion by Patricia L Johnson When it comes to politics, voters have many different levels of interest, so I’ll only list a few. We have voters that spend a considerable amount of time paying attention to what goes on in … Continue reading

Posted in Economy, Elections 2012, Employment, Government, National Debt, News and politics | Leave a comment

Crude Facts about Crude Oil 2012

By Patricia L Johnson The above graphic is from the United States Department of Energy and represents the split in how much we pay for in a gallon of regular gasoline, as of January 2012. If you’ve filled up lately … Continue reading

Posted in Economy, News and politics | Tagged , , , , , , , , , , , , , | Leave a comment

Back on Track

By Patricia L Johnson Less than two months after President Obama took office, on March 9, 2009, the DJIA hit a low of 6,547 points due to what would soon become known as the Great Recession, started in 2008. This … Continue reading

Posted in Economy, Elections 2012, News and politics | Tagged | Leave a comment

December 13th – A Day to Remember or a Day to Forget?

By Patricia L Johnson and Richard E Walrath December 13, 2000 is the day Al Gore conceded defeat to then Texas Governor George W. Bush. That was a bad, sad day–almost as bad and sad as the day the Supreme … Continue reading

Posted in Economy, Government, News and politics, U.S. History | Tagged , , , , , , , , , , | Leave a comment

What is an Entitlement?

By Richard E Walrath and Patricia L Johnson Speaker of the House, John Boehner (R-OH) made the following statement before the Economic Club of Washington when referring to the deficit super committee “when it comes to producing savings to reach … Continue reading

Posted in Economy, Government, News and politics | Tagged , , , , , , | Leave a comment

How Much Do You Know About the Bush Tax Cuts andTheir Impact on our Deficit and National Debt?

By Patricia L Johnson Each year the bipartisan Congressional Budget Office (CBO) completes a projected budget for the next decade. The CBO projection in 2001 for the 10-year period of 2002 through 2011 indicated budget surpluses totaling $5.6 trillion dollars1  … Continue reading

Posted in Economy, Elections 2012, Government, News and politics | Tagged , , , , , , , | 5 Comments

The Effects of Tax-Financed Spending v. Debt-Financed Spending

By Patricia L Johnson and Richard E Walrath President Clinton was voted into office in 1992 and served for eight years. When he took over the office of President we had three tax rates, 15%, 28% and 31% and the … Continue reading

Posted in Economy, News and politics | Tagged , , , , , , , , , , , , , , , , , , | 2 Comments

What Would Steve Do? Jobs, That Is

By Richard E Walrath and Patricia L Johnson Steve Jobs came back to his company just in time to save it. Apple was floundering around like a fish out of water. The company lacked focus, a sense of purpose, but … Continue reading

Posted in Economy, Employment, Government, News and politics | Tagged , , , , , , , | Leave a comment

Are Tax Cuts the Driving Force Behind Job Creation and Economic Growth?

Republican Presidential candidates would have us believe increasing taxes stifles job creation and economic growth in this country, but what does an analysis of economic indicators before and after tax cuts indicate? Proponents of supply-side economics believe economic growth is … Continue reading

Posted in Economy, Elections 2012, Employment, Government | Tagged , , , , , , , | Leave a comment

American Jobs Act

American Jobs Act.

Posted in Economy, Elections 2012, Employment, News and politics | Tagged , , , , | Leave a comment

Defense.gov: Contracts for Monday, September 12, 2011

Defense.gov: Contracts for Monday, September 12, 2011.

Posted in Economy, Government, U.S. Military | Tagged , , | Leave a comment

Congressional Budget Office – Estimated Impact of Automatic Budget Enforcement Procedures Specified in the Budget Control Act

Congressional Budget Office – Estimated Impact of Automatic Budget Enforcement Procedures Specified in the Budget Control Act.

Posted in Economy, Government, News and politics | Tagged , , | Leave a comment

Economic Releases – Tuesday, September 13, 2011

Gross Domestic Product by Metropolitan Area Note: Release time is at 10:30 a.m. Monthly Treasury Statement (The Monthly “Budget”) Note: Release time is at 2 p.m. U.S. Import and Export Price Indexes Commercial Paper Federal Reserve Board (updated daily)

Posted in Economy, Government, News and politics | Tagged , , , , , | Leave a comment

ManpowerGroup | Manpower Employment Outlook Survey – Global – 4th Qtr 2011

ManpowerGroup | Manpower Employment Outlook Survey. “According to the Manpower Employment Outlook Survey of global hiring trends released today, employers in 21 of 39 countries expect the fourth-quarter hiring pace to soften from the third quarter. However, Net Employment Outlooks … Continue reading

Posted in Economy, Employment, International | Tagged , , , | Leave a comment

China Economic Review – CPI

Chinese inflation slows in August The Consumer Price Index (CPI) in China rose 6.2% year-on-year for August, down from a 6.5% increase in July, MarketWatch reported. CPI is a main gauge of inflation published by the National Bureau of Statistics … Continue reading

Posted in Economy, International | Tagged , , , , | Leave a comment

Economic Releases – Monday – September 12, 2011

Euro Area Securities Issues Statistics Note: Release time is at 4 a.m. Foreign Exchange Rates (H10) Note: Release time is at 4 p.m. Long-term Interest Rate Statistics for EU Member States Note: Release time is at 4 a.m. Manufacturing, Mining, … Continue reading

Posted in Economy, International, News and politics | Tagged , , , , , , , , | Leave a comment

An Analysis of the Obama Jobs Plan

An Analysis of the Obama Jobs Plan.

Posted in Economy, News and politics | Leave a comment

Geithner Op-Ed: ‘What the world must do to boost growth’

Geithner Op-Ed: ‘What the world must do to boost growth’.

Posted in Economy, International | Tagged , , , | Leave a comment

FRB: Speech–Bernanke, The U.S. Economic Outlook–September 8, 2011

FRB: Speech–Bernanke, The U.S. Economic Outlook–September 8, 2011.

Posted in Economy | Tagged , , , , , | Leave a comment

Economic Releases – Friday, September 9, 2011

ECRI Weekly Leading Index Note: Release time is at 10:30 a.m. Employer Costs for Employee Compensation* Monthly Wholesale Trade: Sales and Inventories (MTIS) Note: Release time is at 10 a.m. Commercial Paper Federal Reserve Board (updated daily) *Note: Annual and … Continue reading

Posted in Economy, Government, News and politics | Tagged , , , , | Leave a comment

Congressional Budget Office – Budget and Economic Outlook: An Update

Congressional Budget Office – Budget and Economic Outlook: An Update. “The federal budget deficit totaled $1.23 trillion through the first 11 months of fiscal year 2011, CBO estimates–$28 billion less than the deficit incurred in the same period last year. … Continue reading

Posted in Economy, Government | Tagged , , | Leave a comment

Fact Sheet: The American Jobs Act | The White House

Fact Sheet: The American Jobs Act | The White House.

Posted in Economy, Employment, Government | Tagged , , | 2 Comments

Address by the President to a Joint Session of Congress | The White House

Address by the President to a Joint Session of Congress | The White House.

Posted in Economy, Employment, News and politics | Tagged , , | Leave a comment

The White House – September 8, 2011 – 7:00 PM EDT – President Obama Speaks before Joint Session of Congress on Jobs

The White House.

Posted in Economy, Employment, News and politics | Tagged , , , , | Leave a comment

Economic Releases – Thursday, September 8, 2011

Consumer Credit (G19) Note: Release time is at 3 p.m. Employer Costs for Employee Compensation Note: Release time is at 10 a.m. Factors Affecting Reserve Balances (H41) Note: Release time is at 4:30 p.m. Money Stock Measures (H6) Note: Release … Continue reading

Posted in Economy, Government, News and politics | Leave a comment

Why $200bn in US trades are failing each day – FT.com

Why $200bn in US trades are failing each day – FT.com “$200bn is a big number. Yet it is also the number of trades failing to settle on average per day in the US market. The equivalent figure for Europe … Continue reading

Posted in Economy, News and politics | Tagged , , , , | Leave a comment

Obama to Propose $300B to Jump-Start Jobs – National Journal staff – NationalJournal.com

Obama to Propose $300B to Jump-Start Jobs – National Journal staff – NationalJournal.com. “In his prime-time speech Thursday night to a joint session of Congress, President Obama is expected to propose $300 billion in tax cuts and federal spending to … Continue reading

Posted in Economy, Employment, Government, News and politics | Tagged , , , | Leave a comment

Obama administration moves to save debt-ridden Postal Service from default – TheHill.com

Obama administration moves to save debt-ridden Postal Service from default – TheHill.com. “The Obama administration will include a financial blueprint for the nearly bankrupt U.S. Postal Service (USPS) in a deficit-reduction package that will be submitted to Congress, an administration … Continue reading

Posted in Economy, Government, News and politics | Tagged , , , | Leave a comment

Economic Releases – Wednesday, September 7, 2011

FRB Beige Book Note: Release time is at 2 p.m. Job Openings and Labor Turnover Survey (JOLTS) Note: Release time is at 10 a.m. MBA Weekly Mortgage Applications Survey Commercial Paper Federal Reserve Board (updated daily) Source: NBER

Posted in Economy, News and politics | Tagged , , , , , , , | Leave a comment

Economic Releases – Tuesday, September 6, 2011

Employment Trends Index (Conference Board) Note: Release time is at 10 a.m. Foreign Exchange Rates (H10) Note: Release time is at 4 p.m. ISM Service Index Note: Release time is at 10 a.m. Selected Interest Rates Note: Release time is … Continue reading

Posted in Economy, News and politics | Tagged , , , , , , , | Leave a comment

Labor Day 2011 – Not a Day for Celebration

Historically, Labor Day has been a day of celebration for the millions of men and women, over the age of 16, making up our labor force. In August 2011 our labor force was 153.6 million. Unfortunately, all of the 153.6 … Continue reading

Posted in Economy, Employment, Government, News and politics, Safety and Security | Tagged , , , , , , , | Leave a comment

Obama Administration Releases August Housing Scorecard Featuring Making Home Affordable Servicer Assessments

Obama Administration Releases August Housing Scorecard Featuring Making Home Affordable Servicer Assessments.

Posted in Economy, Government, News and politics | Tagged , | Leave a comment

Defense.gov: Contracts for Thursday, September 01, 2011

Defense.gov: Contracts for Thursday, September 01, 2011.

Posted in Economy, Government, News and politics, U.S. Military | Tagged , , | Leave a comment

BCA and Disaster Relief | The White House

BCA and Disaster Relief | The White House. “There is no way to predict in advance precisely what the cost of disaster relief will be in any given year. That is why in the bipartisan Budget Control Act (BCA) passed … Continue reading

Posted in Economy, Government, News and politics | Tagged , , , , , , | Leave a comment

FRB: Press Release–The Federal Reserve Board announces a formal enforcement action against the Goldman Sachs Group, Inc. and Goldman Sachs Bank USA–September 1, 2011

FRB: Press Release–The Federal Reserve Board announces a formal enforcement action against the Goldman Sachs Group, Inc. and Goldman Sachs Bank USA–September 1, 2011.

Posted in Economy, Government, News and politics | Tagged , , , , , , , | Leave a comment

FRB: Governor Elizabeth A. Duke – Rebalancing the Housing Market

FRB: Rebalancing the Housing Market.     September 1, 2011

Posted in Economy, Government, News and politics | Tagged , , , , , | Leave a comment

Economic Releases – Friday, September 2, 2011

ECRI Weekly Leading Index Note: Release time is at 10:30 a.m. Employment Situation (Includes Nonfarm Payrolls, Unemployment Rate, Average Workweek, and Hourly Earnings) Commercial Paper Source: NBER

Posted in Economy, News and politics | Tagged , , , , | Leave a comment

FRB: Press Release–Federal Reserve Board issues enforcement actions with Bank of the Carolinas Corporation, Community State Bank, Lindell Bank and Trust Company, Pacific Commerce Bank, and Whitaker Bank–September 1, 2011

FRB: Press Release–Federal Reserve Board issues enforcement actions with Bank of the Carolinas Corporation, Community State Bank, Lindell Bank and Trust Company, Pacific Commerce Bank, and Whitaker Bank–September 1, 2011.

Posted in Economy, Government, News and politics | Tagged , , , , , , | Leave a comment

China’s PMI up for August; exports down

China’s PMI up for August; exports down China’s purchasing manager’s index (PMI), a guage of industrial activity, rose to 50.9 in August following a two-year low of 50.7 in July, Reuters reported. A reading above 50 indicates expansion. The August … Continue reading

Posted in Economy, International | Tagged , , , | Leave a comment

Defense.gov: Contracts for Wednesday, August 31, 2011

Defense.gov: Contracts for Wednesday, August 31, 2011.

Posted in Economy, Employment, Government, News and politics, U.S. Military | Tagged , , , | Leave a comment

Preliminary Annual Report on U.S. Holdings of Foreign Securities

WASHINGTON – Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2010 were released today and posted on the Treasury web site at link. Final survey results, which will include additional detail as well as … Continue reading

Posted in Economy, Government, International | Tagged , , , | Leave a comment

COMING SOON – WE THE PEOPLE

Opinion by Patricia L Johnson The White House is in the process of creating a website where ‘we the people’ can go to offer suggestions on petitions.  You can read all about it on at the following White House link: … Continue reading

Posted in Economy, Elections 2012, Employment, Government, News and politics | Tagged , , , , , , , , | Leave a comment

Fifty Additional Community Banks across the Country Receive $767 Million to Help Small Businesses Access Capital, Create New Jobs

Fifty Additional Community Banks across the Country Receive $767 Million to Help Small Businesses Access Capital, Create New Jobs.

Posted in Economy, Employment, Government, News and politics | Tagged , , , , , | Leave a comment

Obama moves jobs speech to September 8 | Reuters

Obama moves jobs speech to September 8 | Reuters.

Posted in Economy, Elections 2012, Employment, Government, News and politics | Tagged , , , , , , | Leave a comment

FRB: Press Release–Federal Reserve Board issues enforcement actions with Bank of the Carolinas Corporation, Community State Bank, Lindell Bank and Trust Company, Pacific Commerce Bank, and Whitaker Bank–September 1, 2011

FRB: Press Release–Federal Reserve Board issues enforcement actions with Bank of the Carolinas Corporation, Community State Bank, Lindell Bank and Trust Company, Pacific Commerce Bank, and Whitaker Bank–September 1, 2011.

Posted in Economy, Government, News and politics | Tagged , | Leave a comment

FRB: FOMC Minutes, August 9, 2011

Minutes of the Federal Open Market Committee, August 1 and August 9, 2011 Released by the Board of Governors of the Federal Reserve System on August 30, 2011

Posted in Economy, Government | Tagged , , , , | Leave a comment

Economic Releases – Wednesday, August 31, 2011

Chicago Business Barometer / Purchasing Managers’ Index (PMI) Note: Release time is at 9:45 a.m. Help Wanted Online Note: Release time is at 10 a.m. MBA Weekly Mortgage Applications Survey Metropolitan Area Employment and Unemployment Note: Release time is at … Continue reading

Posted in Economy, News and politics | Tagged , , , , , | Leave a comment

Federal Reserve Board Enforcement Action agreement

http://www.federalreserve.gov/newsevents/press/enforcement/enf20110830a1.pdf. Written Agreement between CB HOLDING CORP, Aledo, IL and FEDERAL RESERVE BANK OF CHICAGO, CHICAGO IL – Docket No. 11-098-WA /RB-HC

Posted in Economy, News and politics, U.S. Courts | Tagged , , , , , | Leave a comment

Defense.gov: Contracts for Monday, August 29, 2011

Defense.gov: Contracts for Monday, August 29, 2011.

Posted in Economy, News and politics, U.S. Military | Tagged , , , , , , , , , , , , | Leave a comment

Economic Releases – Tuesday, August 30, 2011

Case-Shiller Home Price Indices Note: Release time is at 9 a.m. Consumer Confidence Index (Conference Board) Note: Release time is at 10 a.m. Federal Open Market Committee (FOMC) Minutes Note: Release time is at 2 p.m. Minutes from the previous … Continue reading

Posted in Economy, News and politics | Tagged , , , , , , , , | Leave a comment

Sino-Forest CEO Allen Chan Resigns

Sino-Forest (TRE.TSE) announced that the company’s founder, chairman and chief executive Allen Chan resigned on Sunday, and that three employees have been suspended pending review of fraud allegations by Canadian regulators, the Wall Street Journal reported. Research firm Muddy Waters … Continue reading

Posted in Economy, Government | Tagged , , , , | Leave a comment

Caterpillar chief attacks Washington – FT.com

Caterpillar chief attacks Washington – FT.com.

Posted in Economy, News and politics | Tagged , , , , , | Leave a comment

Obama to name new top economic adviser – Aug. 29, 2011

Obama to name new top economic adviser – Aug. 29, 2011.

Posted in Economy, Government | Tagged , , , , | Leave a comment

Can Dow Chemical’s CEO Sell Obama-esque Manufacturing Vision? – Rebecca Kaplan – NationalJournal.com

Can Dow Chemical’s CEO Sell Obama-esque Manufacturing Vision? – Rebecca Kaplan – NationalJournal.com.

Posted in Economy, Government | Tagged | Leave a comment

Bernanke May Seek Consensus on Easing – Bloomberg

Bernanke May Seek Consensus on Easing – Bloomberg.

Posted in Economy, News and politics | Tagged , | Leave a comment

Perry’s travel, security costs will stay secret until after 2012 – The Washington Post

Perry’s travel, security costs will stay secret until after 2012 – The Washington Post.

Posted in Economy, Elections 2012, News and politics, Safety and Security | Tagged , , , , | Leave a comment

Bachmann’s bridge project could draw fire from Republican rivals – TheHill.com

Bachmann’s bridge project could draw fire from Republican rivals – TheHill.com.

Posted in Economy, Elections 2012, Government | Tagged , , , , , | Leave a comment

Bernanke Returns Fire—With a Lecture – Jim Tankersley – NationalJournal.com

Bernanke Returns Fire—With a Lecture – Jim Tankersley – NationalJournal.com. “The most important part of the more than 2,000-word speech, though, came near the end. It was a lecture – a dispassionate, wonky, Bernanke-esque one, but a lecture, nonetheless – … Continue reading

Posted in Economy, News and politics | Tagged , , , , , , | Leave a comment