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POPSUNEMPLOYMENT TOPS 10 %
The jobless rate rose to 10.2 percent from 9.8 percent in September. The jump reflects a sharp increase in the tally of unemployed Americans, which rose to 15.7 million from 15.1 million. That was much larger than the net loss of jobs, which is based on a survey of businesses. Economists say it could climb as high as 10.5 percent next year because employers remain reluctant to hire. Friday's report is the first since the government said last week that the economy grew at a 3.5 percent annual rate in the July-September quarter, the strongest signal yet that the economy is rebounding. But that isn't fast enough to spur rapid hiring, raising the specter of a jobless recovery. "You need explosive growth to take the unemployment rate down," said Dan Greenhaus, chief economic strategist for New York-based investment firm Miller Tabak & Co. Greenhaus said the economy soared by nearly 8 percent in 1983 after a steep recession, lowering the jobless rate by 2.5 percentage points that
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POPSJobless Rate Jumps to 10.2% How much of that Stimulus money has gone overseas to *create* US jobs over there? I guess Ms. Pelosi will say we need to extend the unemployment benefits even more and her health care bill will be needed now more than ever. The American people can not win with this crowd. This Administration is Carter on steroids.
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POPSFood of the week: Cranberries Hi everyone. I have no orange lines and have been unable to clip. I was able to clip this by highlighting text. I can't comment on your clips either. I can pop them most of the time. Don't know why, is anyone else having this problem?? Any suggestions??? I miss you all.
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POPSRussia Reconsiders "There's no question that Stalin is undergoing a sort of renaissance in Russia. Despite the many millions killed or sent to labor camps during his reign, many now view his rule with a sort of hazy nostalgia. "The cynical position of the Stalinphobes is that only innocent people were kept in the gulag," he said. "Criminals who violated the law were kept in the gulag. And let the Western reader ask himself, should criminals be kept in spas or resort hotels?" Meanwhile, Stalin's image and name, systematically bleached out as the waning Soviet empire began to grapple with its bloody past, are creeping back into Russian life. His name was restored this fall to a Moscow metro station. His unmistakable mustached face beams from the wall of Soviet Meatpies, a kitschy diner downtown."
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POPS Ford Beats Government Motors AP story: "Ford Reports Surprise $1 Billion Profit. Automaker now expects to be solidly profitable in 2011." But then you get halfway down the story: "But Ford still faces obstacles in its turnaround. Last week workers overwhelmingly rejected an agreement with the United Auto Workers that would have brought Ford's labor costs in line with rivals General Motors and Chrysler. Workers objected to clauses limiting their right to strike and freezing entry-level wages and felt the company was healthy enough and didn't need further concessions." So this headline, "Ford Reports Surprise $1 Billion Profit" needs to be rewritten: "Ford Surprises by Having a Profit. Angry unions vow to redouble efforts to sink the automaker."
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POPSSEIU Needs Socialized Medicine To Stoke Its Underfunded Pensions 
and union employees at the expense of the rank-and-file. To regain some semblance of fiscal stability, the SEIU has wagered heavily on forcing other employees to help fund its drying pension reserves. That was the motivation behind the Employee Free Choice Act (EFCA) ("Card Check"), a major Democrat initiative for 2009, and one on which the SEIU spent tens of millions of its members' money. Since Card Check is in serious trouble with lawmakers, state-run health care would be a suitable alternative. • The public option could force hospital and other health care workers into underfunded pensions, putting their retirements at risk • The average union pension has resources to cover only 62% of what is owed to participants • Less than one in every 160 union-represented workers is covered by a union pension with required assets • The PBGC already supports upwards of 30,000 pension plans • Pension Benefit Guarantee Corporation (PBGC), the governmental pension insurer,
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POPS Obama's Disdain for Constitution That's why they are "so-called Founders" to him. Here is Thomas Jefferson's first inaugural address, March 4th, 1801: "A wise and frugal government which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government." Thomas Jefferson, "so-called Founder." Thomas Jefferson: "Congress has not unlimited powers to provide for the general welfare, but only those specifically enumerated." So-called Founder. John Adams, A Defense of the Constitutions of Governments of the United States of America, 1787: "The moment the idea is admitted into society that property is not as sacred as the law of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence."
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POPSThe Mircale Of Perm Russia's up and coming cultural capital. Russia overcoming its soviet past? Or Russia coming to terms with its soviet past? Either way, a place i'd love to visit and experience for myself!
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POPSBMW to Cap Executive Pay - wundervoll! Now let me get this straight. GM, Ford, and Chrysler have all lost market share in the US and complain that worker wages and benefits made them uncompetitive. Germans assembly line workers average $60,000 a year and BMW sales have not plummeted as US car makers have. And now, BMW says they are capping executive pay by establishing the current ration of difference 25-1 as THE ratio. According to the Bureau of Labor Statistics, the average U.S. worker earned $29,544. The ratio of CEO pay to average pay is 364:1 and to minimum wage is 885:1. So... Why is it that US car companies have trouble competing?
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POPSFinding Their Voice "The women say the newsroom structure remains loose and titles are often trumped by a system of respect among equals. A key point in many of the women's lives came when they realized, usually at some point in primary or middle school, that as Dalits they'd been born at the bottom of India's social pyramid. The painful awareness came when she realized the teacher in her remote village never drank the water she offered him and would accept it only from higher-caste students."
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POPSSafety nets for the rich More: Enough! Goldman Sachs is thriving while the combined rates of unemployment and underemployment are creeping toward a mind-boggling 20 percent. Two-thirds of all the income gains from the years 2002 to 2007 — two-thirds! — went to the top 1 percent of Americans. We cannot continue transferring the nation’s wealth to those at the apex of the economic pyramid — which is what we have been doing for the past three decades or so — while hoping that someday, maybe, the benefits of that transfer will trickle down in the form of steady employment and improved living standards for the many millions of families struggling to make it from day to day. That money is never going to trickle down. It’s a fairy tale. We’re crazy to continue believing it.
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POPSGlenn Beck's '9-12' Logo based on Communist and Socialist designs More: Turnout for the 9-12 Project's Saturday march on Washington was a bust; 30,000 protesters signed up in advance (MSNBC reporter David Shuster tweeted that D.C. park police called that figure "generous"). But even if three times that many actually showed up, the number would fall far short of the hundreds of thousands (and even millions) claimed to be planning to attend. Even in that reduced crowd, however, surely someone recognized how odd the right-wing gathering's left-wing logo was. Maybe Beck will explain. Sort of.
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POPSSan Francisco test drives Universal Health Care: Result - Good More: The program, now in its third year, is proving popular. More than 43,000 people were enrolled as of June, up from 24,000 a year before. One reason for the jump: the income test for eligibility was relaxed in February to include people whose income was 500 percent of the poverty level--about $54,000 for a single person and $110,000 for a family of four. The program costs San Francisco about $280 per person per month. How are the results? Hospital admissions of plan members have dropped, and the average stay for those who wind up in the hospital has been cut almost in half, Varney reports. Those changes suggest chronic illnesses, such as diabetes, asthma and hypertension, are being managed better, reducing the need for crisis care.
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POPSRemebering the roots of a REAL Civil War
More: After decades of mistrust and recrimination over the conflict between slavery and free labor, many in the North and South now found themselves even more fundamentally at odds. As Northerners increasingly hailed Brown as a hero, panicky Southerners execrated him as the devil himself. The tempest over John Brown appeared to shatter any hope of regional reconciliation. As one South Carolina editor put it, "The day of compromise is passed there is no peace for the South in the Union." It would be too much to claim that John Brown's raid made the Civil War inevitable. But it is fair to say that it helped to create an unbridgeable gap between the free states and the slave power that could only be, as Brown himself put it, "purged away with blood." There are many lessons that can be drawn from John Brown's raid, but the experience of the Civil War ought to stand as a permanent rebuke to the irresponsible incitement of contemporary political figures who trade so easily
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POPSPolitical Essay From The Mind of Einstein Moreover, under existing conditions, private capitalists inevitably control, directly or indirectly, the main sources of information (press, radio, education). It is thus extremely difficult, and indeed in most cases quite impossible, for the individual citizen to come to objective conclusions and to make intelligent use of his political rights. (Albert Einstein, 1949)
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POPS 'On "The Wealth of Nations"' P. J. O'Rourke Economic progress depends upon a trinity of individual prerogatives: pursuit of self-interest, division of labor, and freedom of trade. There is nothing inherently wrong with the pursuit of self-interest. That was Smith's best insight. To a twenty-first-century reader this hardly sounds like news. Or, rather, it sounds like everything that's in the news. These days, altruism itself is proclaimed at the top of the altruist's lungs. Certainly it's of interest to the self to be a celebrity. Bob Geldof has found a way to remain one. But for most of history, wisdom, beliefs, and mores demanded subjugation of ego, bridling of aspiration, and sacrifice of self (and, per Abraham with Isaac, of family members, if you could catch them). This meekness, like Adam Smith's production, had an end and purpose. Most people enjoyed no control over their material circumstances or even-if they were slaves or serfs-their material persons. In the doghouse of . . .
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POPSAFSCME, one of America's largest unions, takes on Obama McEntee led workers in chanting a barnyard epithet to describe Senate Finance Committee chairman Max Baucus’s health care bill, which would levy a new tax on expensive health care plans. He published an op-ed in U.S.A. Today warning, in terms that could be used against Democrats in the midterms, that the plan could tax the middle class and cost workers their health care. And he blew off a plea from White House Chief of Staff Rahm Emanuel and published an open letter promising to “oppose” legislation that contained the tax – published over the objections, several labor officials said, of other union presidents whose names appeared on the letter.
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POPSMore facts, not profit inducing hype The article goes on to give concrete examples of the damage "free trade" has caused us. This "recession" is happening for two reasons: 1-the government's greed and acquiessence to banking industry because of tax revenues & campaign/lobby contributions. And, the gutting of our wealth producing industries. For god's sake, go through your pantries and pull out only the goods that state MADE, PRODUCED or MANUFACTURED in America. If the label says "distributed", call the company and ask WHERE it was processed. You will be shocked. Now realize that China is quietly amping up prices and re-valuing the yuan. All the "cost savings" from off shoring will soon be for naught. And, we no longer have the machinery, equipment or government regulation (lack of) to re-create the industry.