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GDP growth drops to 3.2% in first quarter of 2010

In January, Barack Obama and Democrats insisted that the 5.7% annual growth rate in the fourth quarter of 2009 showed that their stimulus plan had set the American economy back on track for rapid growth and job creation.  The administration needed a big number for 2010 to allay fears that unemployment would stagnate at the current high levels for the long term. Unfortunately, they didn’t get it, with the 3.2% annualized GDP rate for the first quarter of 2010 falling below analyst expectations

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See For Yourself


Israel claims the USS Liberty was mistaken for the out-of-service Egyptian horse carrier El Quseir - can you spot the difference?


El Quseir


USS Liberty

According to a 1981 NSA report on the incident, the El Quseir "was approximately one-quarter of the Liberty's tonnage, about one-half its length, and offered a radically different silhouette."
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information

Regime Tells Banks: Forgive Principal on Loans or Else

AP: Foreclosure Rates Surge, Biggest Jump in 5 Years

Democrats Seek Control Over American Financial Institutions
Chris Dodd and Robert Reich rail against big banks. This is the United States!

"If blacks can't relate to the Founders, how can they relate to the Democrats -- the party of slavery, the KKK, secession, and segregation? When we say 'return to founding principles,' we're not talking about returning to slavery. We're talking about returning to individual liberty.'"

"You people in the tea party movement are not lying down.  You are not turning tail and running.  You are not acting intimidated.  This is how they expect you to act because this is how for the most part Republicans have acted in Washington ."
 

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What Passes For Hope These Days

Celebrating a $1.3 trillion deficit?

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… Unexpectedly?

New jobless claims rise …

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A Slice Of America

Who are the Tea Partiers?

For the past few months, media outlets have described Tea Party followers as racist, reactionary, Birthers, and just about every insult one could find in the dictionary.  CNN’s Anderson Cooper helped popularize a sexual slur as a description for the group that others in the media continue to use: teabaggers.  However, a new poll by the Winston Group of a thousand registered voters returned some surprising results, including the fact that 13% of the Tea Party followers are Democrats

Last week, we discovered that CNN and MS-NBC continued to bleed viewers while Fox News continues to grow.  That may be a result of politically active Americans getting tired of being insulted by news networks that have sneeringly misrepresented a movement to which they belong or at least sympathize.  (via Andrew Malcolm)

Update: At TMV, Rick Moran says that the Democratic and media narrative on the Tea Party just “jumped the shark.”



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