Unemployment drops below 8 percent, but…

Unemployment drops below 8 percent, but…

America’s “official” unemployment rate dropped below 8 percent in September but the number does not reflect the mounting numbers of long-term unemployed who are no longer actively looking for work. The Labor Department reported Friday that 114,000 jobs were added last month, just a tick below predictions of 115,000 jobs and unemployment dipped to 7.8 […]

Romney admits he was “completely wrong” with “47 percent” comments

Romney admits he was “completely wrong” with “47 percent” comments

In a “God, wish I hadn’t said that” moment, Republican Presidential challenger Mitt Romney now admits he was “completely wrong” in his now-infamous “47 percent” comment. Said Romney on Sean Hannity‘s show on Fox News: Clearly in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you’re […]

Obama’s Katrina speech: Smoking gun or pathetic partisanship?

Obama’s Katrina speech:  Smoking gun or pathetic partisanship?

If one can accept the hyperbole of right-wing blowhards Tucker Carlson and Matt Drudge — two has beens looking for ways to generate Internet “buzz” — a video of a 2007 speech by then-Senator Barack Obama is a “smoking gun” that can bring down his presidency. While a real smoking gun would be a welcome […]

Romney hands out big-dollar bonuses to underperforming campaign aides

Romney hands out big-dollar bonuses to underperforming campaign aides

Most political professionals agree that Republican Presidential candidate¬† Mitt Romney‘s stagnant campaign for President is one of the most underwhelming in memory But that didn’t stop the candidate who preaches fiscal conservatism from handing out more than 200 grand in bonuses to a senior staff that hasn’t delivered much in the way of campaign support […]

Trouble in Mittville: Campaign is imploding

Trouble in Mittville:  Campaign is imploding

Political insiders tell Capitol Hill Blue the troubled campaign of GOP Presidential contender Mitt Romney is imploding. Increasing staff dissension, loud arguments between top strategists and increasing impatience from the candidate is “ripping the campaign apart,” a top staffer confides. “We’re imploding.” The internal strife escalated during the recent GOP convention when top Romney strategist […]

Congress will take the easy route on budget and go home

Congress will take the easy route on budget and go home

America’s do-nothing Congress took the path of least resistance is voting in a six-month stopgap spending bill that keeps the government running but does nothing to deal with the many financial problems the nation is facing. The stopgap measure is a resounding defeat for tea party Republicans since the extension is at least $19 billion […]