Feeds:
Posts
Comments

Archive for February 9th, 2012

FDL- By: Jon Walker Thursday February 9, 2012 1:34 pm

Recently we have seen a string of positive economic indicators that all point to the same general pattern. While the individual pieces are subjectively good compared to pre-crisis level, the data gives the clear impression that the economy is modestly trending in a positive direction.

The GDP increased at an annual rate of 2.8 percent in the fourth quarter. The Department of Labor found better than expected payroll growth in January with 243,000 new jobs added. Weekly initial unemployment claims were down this week and the 4 week average is the lowest it has been since May 2008.

In addition Gallup found that economic confidence has been trending upward for five straight months and American’s life rating has been trending upward since October. In addition, Gallup found small business hiring intentions are the best they have been since the begin of 2011. From Gallup:

Trend: Wells Fargo/Gallup Small Business Index -- Future Jobs Expectations

MORE HERE

Read Full Post »

02/ 9/12 07:46 AM ET  Associated Press AP via: Huff Post

BROOKLINE, Mass. — Joseph Kennedy III has moved to a different Boston suburb ahead of an expected congressional bid to replace retiring U.S. Rep. Barney Frank.

Brookline’s town clerk says the 31-year-old Kennedy came to town hall Tuesday and registered to vote as a Democrat, listing a Brookline address. He’d been living in Cambridge, which is in a different district.

Kennedy is the son of former U.S. Rep. Joseph Kennedy II and a grandson of the late Robert F. Kennedy. The family has deep ties to the Boston suburb.

Kennedy announced last month he was forming an exploratory committee to look at a possible run for the seat.

A spokesman says Kennedy is taking time to listen to families in the district.

At least two other Democrats and two Republicans are considering runs.

SOURCE

Read Full Post »

First Posted: 02/ 9/2012 12:02 pm Updated: 02/ 9/2012  1:16 pm

Huff Post

By – Howard Fineman

WASHINGTON — Conservatives begin their annual jamboree here Thursday certain of two things, although they don’t say them out loud. They need another Ronald Reagan. They don’t have another Ronald Reagan.

Invoking the Gipper is almost a religious requirement on the Republican campaign trail this year, but none of the presidential candidates is convincingly channeling the true Reagan spirit: He spent a lifetime thinking through the conservative movement and turning it into a salable set of ideas.

Rather than serving as a unifying moment, the four-day Conservative Political Action Conference, now in its 39th year, has become a symbol of a sprawling, ultimately incoherent movement that has yet to develop a new synthesis for a new century.

“The one thing that unites everybody is a hatred of Barack Obama,” said Craig Shirley, a CPAC veteran and one of Reagan’s newest and best biographers. “But hatred of the president is not a governing philosophy.”

The 2012 GOP race is divided into the shards of the old alliance, with Rick Santorum, Newt Gingrich and Ron Paul each appealing to different pieces of the now-shattered right and Mitt Romney acting the colorless “establishment” leader in a party without them. It feels more like the end of an era than the beginning of one, even though, paradoxically, this year’s CPAC may well set a record for attendance and revenue.

Once CPAC was a launching pad for presidents, especially Reagan. This week, the Woodstock of the Right looks more like a trade show for new products. Somewhere in the crowded corridors and meeting rooms, there may be a new generation in the making. But you’re unlikely to hear it in speeches from the presidential candidates.

MORE HERE

Read Full Post »

%d bloggers like this: