Friday, December 30, 2011

Michele Bachmann's Campaign in Hot Water

Michele Bachmann's Campaign in Hot Water
Michele Bachmann's Campaign in Hot Water

Republican presidential candidate Michele Bachmann's campaign chairman Sen. Kent Sorenson of Iowa suddenly jumped on Ron Paul's bandwagon.

Rep. Bachmann is only beating Former Governor Jon Huntsman in the polls, the man who hasn't campaign whatsoever in the Hawkeye state.

The tea-party darling is furious at all of this. She is vigorously campaigning in what has become a must-win state for her. She said Sorenson went to Ron Paul's campaign because he was offered a larger sum of money. This was flatly denied by Sorenson on Fox News yesterday. Well someone's lying, and we don't have time to find out who it is because the Iowa caucus is only four days away.

"I had a conversation with Kent Sorenson and in the direct conversation that I had with him, he told me he was offered money. He was offered a lot of money by the Ron Paul campaign to go and associate with the Ron Paul campaign," she said at a tour stop in Battle. "No one else knows about that conversation other than Kent Sorenson and myself and I know what he said to me about that."

Ron Paul is tied with Mitt Romeny for the first place in the recent polls. Newt Gingrich's surge has fades away as he's down from 33% to only 14%, while Rick Santorum has surged to 16%.

Although the caucus is only few days away, given rises and falls of candidates, we may see a lot in the coming days and beyond to New Hampshire primary. In all of this, bad news for the Bachmann Campaign is that she has to win the state of Iowa to convince the Republicans, Tea-Party and especially her donors to help keep her campaign rolling.

If Mitt Romeny wins in Iowa, he'd go on the win New Hampshire decisively, but the Republican establishment die-hard conservatives would be clearly outrage at his. If Ron Paul wins Iowa, we could see a long primary battle between Newt Gingrich, Ron Paul and Mitt Romeny. If Gingrich wins the state, he would win most of other early primary states including South Carolina and Florida.

Rick Perry is not part of this equation - sad but true.

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OBAMA ADMINISTRATION ON UNEMPLOYMENT ▼

President Barack Obama’s Remarks on June Unemployment Report

Friday, July 8, 2011
With only 18000 jobs added in the last month, the official unemployment rate increased to 9.2%. Bad news for most of us, and especially those who are still looking for jobs, and also for business that looking forward to invest in the private sector. President Obama addressed the issue today at the White House:

"The economic challenges that we face weren’t created overnight, and they’re not going to be solved overnight. But the American people expect us to act on every single good idea that’s out there. I read letter after letter from folks hit hard by this economy. None of them ask for much. Some of them pour their guts out in these letters. And they want me to know that what they’re looking for is that we have done everything we can to make sure that they are rewarded when they’re living up to their responsibilities, when they’re doing right by their communities, when they’re playing by the rules. That’s what they’re looking for, and they feel like the rules have changed. They feel that leaders on Wall Street and in Washington –- and believe me, no party is exempt –- have let them down. And they wonder if their efforts will ever be reciprocated by their leaders."

American Unemployment At New Low - 8.8% With 230 000 Private Sector Jobs in March

Saturday, April 2, 2011

Figures released by the U.S. Labor Department, this morning, show that unemployment has fallen to 8.8%. Speaking earlier today, President Obama said:

Nearly two years after one of the worst recessions we’ve ever seen, our economy is showing signs of real strength. Today we learned that we added 230,000 private sector jobs last month. That makes 1.8 million private sector jobs created in the last thirteen months. And the unemployment rate has now fallen a full point in the last four months. The last time that happened was the recovery of 1984.

Now, despite this good news, we still have plenty of work to do. There are still millions of Americans looking for a job that pays the bills. I know there’s a lot going on in the world, and the news is filled with images of the Middle East and Japan, but you should know that keeping the economy growing and making sure jobs are available is the first thing I think about when I wake up every morning. It’s the last thing I think about when I go to bed each night. And I will not be satisfied until every American who wants a good job can find one; until every family gets a shot at the American Dream. That’s our North Star. That’s what we’re fighting for.

OBAMA and Economy