Posts Tagged Wall Street

Shouldn’t Job Creators be Invited to a Jobs Summit?


Take a look at who was (and wasn’t) invited to yesterday’s “jobs summit” and then try to tell me that this administration is taking our crushing unemployment rate seriously.

Invited:
-SEIU President Andy Stern
-Anna Burger, also from the SEIU
-United Steel Workers Union Prez
-Teacher’s Union
-Various donors

Are you kidding me? Was this a DNC fundraising dinner or a jobs summit?

Not Invited:
-U.S. Chamber of Commerce
-National Federation of Independent Businesses
-Small business owners

Rep. John Boehner, the former President of a small business in Ohio, points out that nobody in the White House has ever created a job.

Newt Gingrich held a rival “Real Jobs Summit” in Mississippi in which three common sense measures were promoted:
-tax cuts
-deregulation
-a reduction in frivolous litigation

News just broke that the jobless rate for November has fallen to 10%, with job losses totaling 11,000 rather than Wall Street’s 130,000 projection. This is fantastic news, but doesn’t diminish the fact that we need to keep the pressure on our representatives in DC to continue exploring serious solutions. This isn’t the time to use a so-called “jobs summit” as a forum for repaying campaign donors and buttering up union bosses, while punishing those who oppose measures like cap and tax. This much unemployment is a tragedy and the President should be picking the brains of the most successful, results-oriented business minds our country has to offer rather than playing politics with our livelihoods.

More:
-November jobless rate falls to 10%!
-Here’s the information on Newt’s jobs summit.

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South Carolina’s Shady Governor To Undergo Ethics Probe


A state ethics commission announced today that they have probable cause to investigate Mark Sanford on “several violations” that they will not disclose; but probably have something to do with the following:

According to the AP:

“the governor violated bans on using state airplanes for personal and political purposes; opted for expensive first-class or business-class seats – actions that apparently violated rules requiring lowest-cost travel; and failed to disclose on ethics forms flights he took on private planes owned by donors and friends.”

He is also at risk of being impeached for, what some SC state legislators characterize as, “bringing extreme dishonor and shame” upon the state of SC.

His wife, Jenny, has also made news with her endorsement of state rep. Nikki Haley for Governor. This is particularly interesting considering that Haley withdrew much of her support for Mark Sanford after news of his affair broke. Serves him right.

According to Furman University political scientist, Danielle Vinson:

“Some folks are questioning if (Haley’s) a credible candidate, but Jenny Sanford carries some weight. It sends a signal (to Sanford supporters) that you might not be wasting your vote.”

On a less serious note, Gawker credits Sanford with coining the best euphemism of the year when he told aides he was “hiking the Appalachian trail”.

More:
-They’re back! The most embarassing love letters. Ever.
-…on a classier, more wholesome note, some are suggesting that Jenny Sanford, a former Wall St. investment banker, may have a bright political future herself.
-Barbara Walters got the exclusive interview with Jenny Sanford that will air Dec 9
-Details of Mark Sanford’s ethics probe.

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