Monthly Archives: June 2011

Los Alamos and Nuke Plant Threatend By Fire

The town of Los Alamos,NM  and the Los Alamos National Laboratory is in the path of a massive wildfire. From Reuters:

 New Mexico fire managers scrambled on Tuesday to reinforce crews battling a third day against an out-of-control blaze at the edge of one of the nation’s top nuclear weapons production centers.

The fire’s leading edge burned to within a few miles (kilometres) of a dump site where some 20,000 barrels of plutonium-contaminated waste is stored at the Los Alamos National Laboratory, fire officials said.

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Blago Found Guilty on 17 Counts

Former Illinois Governor Rod Blagojevioch found guilty of attempted selling the Seat of then  US Senate Barrack Obama(D). From WMAQ-TV/HD “NBC5 News”:

Rod Blagojevich was originally charged with 24 counts. During the second trial, the prosecution pared the counts to 20. What follows is a run down of the charges and the verdict for each.

  • Count 1-Wire fraud related to Children’s Memorial Hospital-GUILTY
  • Count 2-Wire fraud related to the Senate Seat-GUILTY
  • Count 3-Wire fraud related to the Senate Seat-GUILTY
  • Count 4-Wire fraud related to the Senate Seat-GUILTY
  • Count 5-Wire fraud related to the Senate Seat-GUILTY
  • Count 6-Wire fraud related to the Senate Seat-GUILTY
  • Count 7-Wire fraud related to the Senate Seat-GUILTY
  • Count 8-Wire fraud related to the Senate Seat-GUILTY
  • Count 9-Wire fraud related to the Racing Bill-GUILTY
  • Count 10-Wire fraud related to the Senate Seat-GUILTY
  • Count 11-Attempted extortion related to School Shakedown-NO VERDICT
  • Count 12-Attempted extortion related to Children’s Memorial Hospital-GUILTY
  • Count 13-Bribery related to Children’s Memorial Hospital-GUILTY
  • Count 14-Extortion conspiracy related to Racing Bill-GUILTY
  • Count 15-Bibery conspiracy related to Racing Bill-GUILTY
  • Count 16-Attempted Extortion related to Tollway Shakedown-NO VERDICT
  • Count 17-Bibery related to Tollway Shakedown-NOT GUILTY
  • Count 18-Extortion conspiracy related to the Senate Seat-GUILTY
  • Count 19-Attempted extortion related to the Senate Seat-GUILTY
  • Count 20-Bribery conspiracy related to the Senate Seat-GUILTY
NBC5 has the video.

Economic Growth to Slow for the Remainder of 2011

It’s Summer, and the living is easy. Unless your business isn’t hiring or consumers not shopping. Forecasts for the rest of the year will remain around two percent. From CNBC:

A drumbeat of disappointing data about consumer behavior, factory sales and weak hiring in recent weeks has prompted economists to ratchet down their 2011 economic forecasts to as little as half what they expected at the beginning of the year.

Two months ago, Goldman Sachs projected that the economy would grow at a 4 percent annual rate in the quarter ending in June. The company now expects the government to report no more than 2 percent growth when data for the second quarter is released in a few weeks.

Macroeconomic Advisers, a research firm, projected 3.5 percent growth back in April and is now down to just 2.1 percent.

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Attacked again last week.

I think I fate has it for me I was attacked last week. My bro. Thomas had to bail me out and fixed my computer. Also I think new Firefox browser is unstable. But but Firefox sent a security update so I think its running better.

WI Supreme Court Rules In Favor of Union Reforn Law 4 to 3

Tuesday, The Wisconsin Supreme rules 4 to 3 in favor of Governor Scott Walker’s Union and Budget Reform Law. From Milwaukee Journal- Sentinel:

Acting with unusual speed, the state Supreme Court on Tuesday ordered the reinstatement of Gov. Scott Walker’s controversial plan to end most collective bargaining for tens of thousands of public workers.

The court found that a committee of lawmakers was not subject to the state’s open meetings law, and so did not violate that law when it hastily approved the collective bargaining measure in March and made it possible for the Senate to take it up. In doing so, the Supreme Court overruled a Dane County judge who had halted the legislation, ending one challenge to the law even as new challenges are likely to emerge.

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Nasty Virus Nearly Destroy My Computer

Thursday my computer was wiped out by a nasty virus. My Brother Thomas had to erase the hard drive.  I am up and running now. So I am behind! Sorry folks

Unemployment Up to 9.1%. Pres. Obama say Chrysler and GM are “Profitable”

Last Week The US Labor Department reports that only 58,000 jobs were created in May. The Unemployment rate rises to 9.1% From AP via Yahoo.com:

A bleak jobs report suggests the recovery from the Great Recession will be longer and bumpier than many economists had envisioned.

Most economists say job growth should strengthen later this year as gasoline prices drop further and the economy recovers from the effects of natural disasters in the U.S. and abroad. But the recovery is starting to weaken 17 months before the 2012 election, which could hurt President Barack Obama’s re-election prospects.

The unemployment rate in May inched up to 9.1 percent from 9 percent, the Labor Department said Friday; when Obama took office, it was 7.8 percent.

The Conference Board, a business research group, predicts the rate will be 8.5 percent at the end of next year. That would mean Obama would face a higher unemployment rate than any president running for re-election since World War II.

Meanwhile President Obama at a Toledo Chrysler plant. Politico says,

President Barack Obama on Friday told workers at a Chrysler plant in Toledo, Ohio, that the economy is on a bumpy “road to recovery,” hours after the releaseof a lackluster jobs report.

Obama’s visitto the Chrysler plant was supposed to hammer home the point that his administration’s bold rescue of the auto industry prevented the loss of millions of jobs

Obama said that because the government stepped in to stabilize the auto industry, thousands of Chrysler jobs and employees of local businesses were saved — including local restaurant Rudy’s Hot Dog, where Obama stopped for a quick meal en route to the plant.

“We had a few options: we could have followed the status quo and kept the automakers on life support … but that would have just kicked the problem down the road,” Obama said. “Or we could have done what lots of folks in Washington thought we should do, and that is nothing. That would have triggered a cascade of damage across the country.”

On Thursday night, just ahead of Obama’s visit to Ohio, the Treasury Department took final steps to divest itself of Chrysler stock, selling its remaining stake to Italian automotive and finance company Fiat. The U.S. government will recoup more than $11.2 billion in federal dollars committed as part of the Troubled Asset Relief Program’s automotive financing initiative. Treasury expects to collect an additional $560 million in proceeds from the transaction with Fiat.

Obama praised Chrysler for repaying “every dime and more of what it owes the American taxpayer” six years ahead of schedule. And with Treasury’s sale of its stock, Obama said the company soon will be 100 percent privately owned.

House Speaker John Boehner (R-OH) ask the President Where’s the jobs!!!!

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