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September Jobs Report: 95,000 More Jobs Lost
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Blog

September Jobs Report: 95,000 More Jobs Lost

As we’ve come to expect, the Labor Department released yet another disappointing jobs report today. In September, employers cut an estimated 95,000 workers. Although the number of job losses is higher than forecasted, the unemployment rate remained unchanged at a high 9.6 percent. The official unemployment rate does not count the 1.2 million discouraged workers who have simply given up looking for job. The report states that private sector employers added a less-than-expected 64,000 jobs in September.

10/08/2010
Video: Balance the Budget Without Hiking Taxes
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Blog

Video: Balance the Budget Without Hiking Taxes

Cato Institute Scholar Dan Mitchell has a new video explaining that it is easy to balance the budget without raising taxes on anyone. In his video, he explains that we must rein in excess government spending. According to Mitchell,

10/07/2010
How Will Speaker Pelosi punish disloyal Democrats?
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Blog

How Will Speaker Pelosi punish disloyal Democrats?

Democracy and Power 110:  Majority Leader of the Senate and the Speaker of the House  In order to get power and retain it, it is necessary to love power; but love of power is not connected with goodness but with qualities that are the opposite of goodness, such as pride, cunning, and cruelty. – Leo Tolstoy  

10/06/2010
Unemployment Likely Increased to 9.7 Percent in September
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Blog

Unemployment Likely Increased to 9.7 Percent in September

On Friday, the Labor Department will release the last monthly jobs report before the midterm elections. Economists have already predicted that it won’t bring good news for the US economy. According to 62 economists surveyed by Bloomberg news, Unemployment climbed to 9.7 percent from 9.6 percent in August…The data may also show companies added 77,000 workers to payrolls, and total hiring stagnated.

10/05/2010
America is very close to a destructive tipping point
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Blog

America is very close to a destructive tipping point

Democracy and Power:  104 Future Debt Burden  A government debt is a government claim against personal income and private property – an unpaid tax bill. – Hans F. Sennholz  

10/04/2010
McDonald's Seeks Health Plan Waivers
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Blog

McDonald's Seeks Health Plan Waivers

4.  Predictable and Stable Legal Order  A government with moral and legal authority promulgates written rules and universally, impartially and uniformly enforces the rules, which provides a predictable and stable legal order on which to base economic and personal decisions.  The law prevails, not the proclamation or arbitrary decision of a ruler, government bureaucrat, the enforcer (e.g., policeman) or judge.

10/02/2010
FreedomWorks Letter to House: Cosponsor Continuing Resolution, H.J Res. 96
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Press Release

FreedomWorks Letter to House: Cosponsor Continuing Resolution, H.J Res. 96

Dear Representative,

09/30/2010
D.C. disconnect: 400 fundraisers in 14 days
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Blog

D.C. disconnect: 400 fundraisers in 14 days

Democracy and Power 114:  The Power Players

09/30/2010
Responsible Banks and Small Businesses Reject Mini-TARP
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Blog

Responsible Banks and Small Businesses Reject Mini-TARP

On Monday, President Obama signed the Small Business Bill also known as mini-TARP into law. At the signing, he declared that the law was “a great victory for America's entrepreneurs.” The centerpiece of the law will pump $30 billion taxpayer dollars into smaller banks in hopes that they will lend out more to small businesses.

09/29/2010
Democrats Propose Harmful Corporate Tax Increases
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Blog

Democrats Propose Harmful Corporate Tax Increases

This week, Democrats are pushing a bill that would increase taxes on the profits of American companies with foreign subsidiaries. President Obama states that: For years, our tax code has actually given billions of dollars in tax breaks that encourage companies to create jobs and profits in other countries. I want to change that.

09/28/2010

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