The DailysweN

Connecting the dots.

Economy: Thursday, 17 Dec 2009

Greece downgraded over high debt
Greece admits it is riddled with corruption - could this doomsday scenario come to the US?
Are we following Greece?
U.K., U.S. AAA Ratings Tested by Debt Burdens

President Obama: Federal Government 'Will Go Bankrupt' if we don't pass health care (you mean if we don't spend more money? How does that work?)

U.S. National Debt Tops Debt Limit (but what are the "extraordinary" accounting tricks they could use to get around it?)
US needs plan to tame debt soon, experts say (could be 200% GP by 2038)
Dems to lift debt ceiling by $1.8 trillion, fear 2010 backlash
New Obama plans: 'spend our way out' of downturn

How can you lose jobs but still have the unemployment rate go down?
Jobless claims decline (but wait, it was a short week - maybe that had something to do with it...)
The real rate is 17.2%

Is the recession over...
...or isn't it?

"Welcome to Obamaville" Sign Marks Colorado Homeless Tent City
Obamaville

FDIC Fund Sinks Into the Red

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Dear Mr. Bennett-

I am writing to express my concern at Harold Koh's nomination to State Department Legal Advisor. After reading his own comments on his political and legal views, I believe his confirmation would lead to further weakening of the US constitution, and federal adherence to constitutional law. Whether he would intentionally weaken the constitution out of malice may be up for debate, but I believe his basic political views would inevitably lead to this end.

I would like to encourage you to please vote against his confirmation. While many of your peers in the Senate believe a President should be entitled to his nominees, I believe that entitlement only holds true if the nominee will help the president to uphold the constitution. If his nominee prefers international law to constitutional law, as this nominee does, or leans towards any other unconstitutional or treasonous opinion, I believe the Senate must act as the constitutional check and balance to said dangerous nominations.

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