The Forex Charts Powered by Forexpros – The Leading Financial Portal. After the Fed’s announcement of QE (quantitative easing), and subsequent press conference by Fed chairman Ben Bernanke, the US Dollar has fallen to a 4-month low against the euro and Swiss franc. With speculation that the dollar will fall and the euro will rise [...]
On Thursday evening, The House of Representatives passed a joint resolution that is a 6 month spending bill that will keep federal agencies running through the end of the budget year, and past the elections in November. This bill was passed by a vote of 329-91, with 9 not voting. This short-term budget band-aid allows the avoidance [...]
The Fed has released their statement following their meeting in Jackson Hole, Wyoming today: For immediate release Information received since the Federal Open Market Committee met in August suggests that economic activity has continued to expand at a moderate pace in recent months. Growth in employment has been slow, and the unemployment rate remains elevated. [...]
. On September 4th, 2012, the United States national debt surpassed the $16,000,000,000,000 mark. Sixteen Trillion Dollars?! What exactly is it to have 16 trillion of something? For a visualization we can wrap our minds around, let’s turn to professor James Gray of the Community College of Aurora [see video to the right]. As professor Gray demonstrated, [...]
. According to the Congressional Budget Office, this year’s deficit will be $1.1 Trillion – which is slightly less than the predictions made by the CBO in March of this year. The cause for the decrease in projection is that tax revenue has increased by nearly 6%, and spending narrowed by 1%. This marks the [...]
One of the big questions since Mitt Romney selected Wisconsin Congressman Paul Ryan as is running mate is whether it would bring in small government conservatives and libertarians on the Romney bandwagon. Ryan is well-liked by people due to his “Roadmap For America’s Future” and his 2009 verbal destruction of Obamacare to the President’s face. [...]
ARLINGTON, Va., Aug. 14, 2012 /PRNewswire-USNewswire/ – Admiral Mike Mullen, Chairman, Joint Chiefs of Staff said last year that, “The most significant threat to our national security is our debt…” and a new poll sponsored by Concerned Veterans for America and conducted by The Winston Group, reveals that the majority of military voters agree with his statement and believe debt is [...]
August 11, 2012: GOP Presidential Candidate Mitt Romney made the announcement that Wisconsin GOP Rep. Paul Ryan is his Vice Presidential running mate for the 2012 Election. PERSONAL INFORMATION Paul Davis Ryan, Jr. was born January 29, 1970, the youngest of four children of Betty and Paul Murray Ryan. His father (now deceased) was a [...]
According to the Labor Department, jobless claims for unemployment benefits surged 34,000 to 386,000. Figures for the prior week were revised upwards to 352,000 from the 350,000 previously reported. This makes every time since the current administration seized power that previously reported unemployment numbers were later revised upwards. Meanwhile, factory activity fell shy of expectations [...]
In a speech given Friday to supporters at a campaign stop in Roanoke, Va., the current Oval Office occupant told business owners they owe their business success to government built infrastructure saying: “If you’ve got a business, you didn’t build that. There are a lot of wealthy, successful Americans who agree with me because they [...]
There is widespread consensus that America needs to become energy independent. America’s ever growing dependence on foreign energy putsher at ever-greater risk in a world that is increasingly unstable. Given the current political upheavals in the Middle East, this reality is slapping America in the face with increasing costs at the pump, which are contributing [...]
Just last year Obama was telling America how “green” energy technology was the guaranteed pathway to energy security and independence: “The future is here. We are poised to transform the ways we power our homes and our cars and our businesses”. He said America risked falling behind the rest of the world in the design, [...]
If you are a consumer that enjoys Mountain Dew, Pepsi, Lipton Tea, Aquafina Water, or the AMP line of energy drinks; Be prepared to pay 3 to 5% more for your products. These price increases are directly linked to inflation. In a memo sent to retailers dated June 29th, 2012, PepsiCo Foodservice’s Senior Vice President [...]
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. Today, at 11:50 am Eastern Time, President Obama is set to announce that he wants Congress to extend the Bush Tax Cuts for middle-class families. . Live Video can be watched below beginning at 11:50am Eastern Time. . With this move that many may call “Election Year Politics”, stay tuned to CDN for reactions [...]
![Daily White House Press Briefing [LIVE VIDEO]](http://www.conservativedailynews.com/wp-content/uploads/2012/07/xwhitehouse2-150x150.jpg.pagespeed.ic.unq3nAepDQ.jpg)
