Friday, June 3, 2011

The Ominous Job Growth Chart That Will Make Your Jaw Drop | The Blaze

The Ominous Job Growth Chart That Will Make Your Jaw Drop | The Blaze: "Tyler Durden over at Zero Hedge has just published a startling chart that shows how dismal the jobs numbers really are. According to him and his chart, “the simple math indicates that for the US to return to its December 2007 unemployment, when factoring in the natural growth of the labor force of 90k people a month, the economy will need to add 250k jobs a month for the next 66 months.”"

Few jobs added in May; unemployment up to 9.1 pct - Yahoo! Finance

Few jobs added in May; unemployment up to 9.1 pct - Yahoo! Finance: "WASHINGTON (AP) -- Employers in May added the fewest jobs in eight months, and the unemployment rate inched up to 9.1 percent. The weakening job market raised concerns about an economy hampered by gas prices and the Japanese nuclear disaster."

Edwards indicted; arrest warrant issued :: WRAL.com

Edwards indicted; arrest warrant issued :: WRAL.com: "RALEIGH, N.C. — A federal indictment was filed Friday against two-time Democratic presidential candidate John Edwards, who is charged with four counts of illegal campaign contributions, one count of conspiracy and one count of false statements."

Americans Divided on Taxing the Rich to Redistribute Wealth

Americans Divided on Taxing the Rich to Redistribute Wealth: "Republicans and Democrats have sharply different reactions to the government's taking such an active role in equalizing economic outcomes. Seven in 10 Democrats believe the government should levy taxes on the rich to redistribute wealth, while an equal proportion of Republicans believe it should not. The slight majority of independents oppose this policy."

Mullen Says Pay, Benefit Cuts 'On the Table'

Mullen Says Pay, Benefit Cuts 'On the Table': "The Pentagon's top officer said Thursday that servicemembers will likely see cuts in pay and benefits as the military plumbs its budget for nearly half a trillion dollars in savings over the next 12 years"

Federal Judge Prohibits Prayer at Texas Graduation Ceremony - FoxNews.com

Federal Judge Prohibits Prayer at Texas Graduation Ceremony - FoxNews.com: "A federal judge has ordered a Texas school district to prohibit public prayer at a high school graduation ceremony.

Chief U.S. District Judge Fred Biery’s order against the Medina Valley Independent School District also forbids students from using specific religious words including “prayer” and “amen.”"

Assisted suicide advocate Jack Kevorkian dies | Detroit Free Press | freep.com

Assisted suicide advocate Jack Kevorkian dies | Detroit Free Press | freep.com: "Jack Kevorkian — embraced as a compassionate crusader and reviled as a murderous crank — died early this morning."

Stocks extend losses after dismal jobs report - Yahoo! Finance

Stocks extend losses after dismal jobs report - Yahoo! Finance: "A jarringly weak report on employment is weighing down stock prices for the third straight day.

The Dow Jones industrial average is poised to mark its fifth straight week of losses. That would be its longest losing streak since July 2004."