Category Archives: Businesses

Who will Uncle Sam pay if there’s no debt deal?

Full Story at news.Yahoo.com Come Aug. 3, just who will get paid? That’s the new worry coursing throughout Washington as the contentious debt ceiling negotiations hurtle towards Aug. 2, the deadline beyond which President Barack Obama has warned that the government risks running short of money to pay all of its bills. If the government [...]

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Obama forecasts manufacturing comeback

Full Story at CNN.com Pittsburgh (CNN) — President Barack Obama — whose poll numbers have dipped in recent weeks amid a stubbornly sluggish economic recovery — touted the hard-hit manufacturing sector Friday, saying the country’s best production days may well lie ahead. “We are inventors, we are makers, and we are doers. If we want [...]

Also posted in Government, Manufacturing, Presidental, Unemployment | Leave a comment

JPMorgan to pay $153.6M to settle fraud charges

Full Story at news.Yahoo.com WASHINGTON – JPMorgan Chase & Co. has agreed to pay $153.6 million to settle civil fraud charges that it mislead buyers of complex mortgage investments just before the housing market collapsed. The settlement with the Securities and Exchange Commission announced Tuesday is one of the most significant legal actions targeting Wall [...]

Also posted in Benefits, Card, Fraud, Money | Leave a comment

Minnesota prepares for shutdown

Full Story at money.cnn.com NEW YORK (CNNMoney) — Time is running out for Minnesota’s parks, highway rest stops and public universities, not to mention 36,000 state employees. If Gov. Mark Dayton and lawmakers don’t agree on a budget by June 30, the state government is expected to shut down. The state moved one step closer [...]

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Recession risk: Small, but growing

Full Story at money.cnn.com NEW YORK (CNNMoney) — Experts worry that the risk of falling into another recession has increased, according to a CNNMoney economic survey. To be sure, economists still place long odds on that worst case scenario. But the odds are a lot less long than they were just a little while ago. [...]

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Leading candidates set to meet in first New Hampshire debate

Full Story at CNN.com Washington (CNN) — After months of criss-crossing the country and trying to woo potential supporters in early voting states, seven Republicans hoping to capture their party’s presidential nomination will meet this month for the first New Hampshire debate of the 2012 election. Minnesota Rep. Michele Bachmann, businessman Herman Cain, former House [...]

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Foreclosure flood may not have crested yet

Full Story at msnbc.com ATLANTA — Herman Cain has run a pizza chain, hosted a talk radio show and sparred with Bill Clinton over health care. He’s never held elected office. Now the tea party favorite wants to be president. “In case you accidentally listen to a skeptic or doubting Thomas out there, just be [...]

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To stem illegal immigration, cut labor demand in U.S.

Full Story at CNN.com (CNN) — News that Mexican authorities found 513 would-be illegal immigrants packed tightly into trucks, with the United States as their destination, should shock Americans into action. They were from Mexico, Japan, China, India and Nepal, and authorities said each had paid $7,000 to gangsters to be smuggled in. Coming only [...]

Also posted in American, Citizenship, Government, Illegal, Immigration, jobs, Mexico, Money, Presidental, Security, Statements, Wrong Doing | Leave a comment

How Ryan’s foes defined his budget plan

Full Story at msnbc.com The battle which has raged over the past several weeks over House Budget Committee Chairman Paul Ryan’s debt-cutting plan always had an air of unreality about it. It was obvious well before April 5, the day Ryan released his blueprint, that it had no chance of being approved by the Democratic-controlled [...]

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Obama says new task force will examine gas prices

Full Story atmsnbc.com RENO, Nevada — President Barack Obama announced Thursday that the Justice Department is assembling a team to “root out any cases of fraud or manipulation” in oil markets that might be forcing up gasoline prices in the United States. The national average price for a gallon of regular gasoline was $3.84 on [...]

Also posted in Economy, Illegallh, Money, Oil | Leave a comment

High gasoline prices prompt Justice Department to eye energy industry

Full Story at CNN.com Washington (CNN) — Prodded by growing public frustration over sharply rising gasoline prices, the Justice Department on Thursday announced the formation of a team — the “Oil and Gas Price Fraud Working Group — tasked with the goal of ensuring consumers are not victims of price gouging. Gas prices exceeding $4 [...]

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Who pays for Obama’s Medicare plan? Hint: Not seniors

Full Story at money.cnn.comLeave medicare alone. Put back the money you took out of SS, you would not have to don anything now. They took money out twice and never put it back what is wrong with you people. That money was not to be touched son now we could have it. You are hurting [...]

Also posted in American, Blame, Broken, Budget, Government, Health Care, Insurance Companies, Lawmakers, Medicare, Presidental | Leave a comment