February 5, 2009 archive

1. The Washington Post reports New jobless claims surge to 626,000. “The number represents a larger-than-expected increase over the 591,000 people who filed for benefits the week before, and it sets the stage for another jump in the January unemployment rate when it is released Friday.”

   Meanwhile the AP reports Productivity surges and labor pressures ease.

   Productivity was increasing at the end of last year at three times the expected pace while labor costs slowed significantly, underscoring that a deepening recession has taken away the threat of inflation.

   The Labor Department said Thursday that productivity rose at an annual rate of 3.2 percent in the final three months of last year, far above the 1.1 percent rise that economists had expected. The increase was double the 1.5 percent rise in productivity in the third quarter.

   Americans are working harder for less money.

2. The CS Monitor reports From Minnesota to Texas, wind power sweeps new jobs into old-tech towns. “Before the nation’s financial crisis hit, wind manufacturing was on a roll. Riding a wave of wind-farm development, some 55 new or expanded facilities popped up nationwide just last year – from blade manufacturers to bearing makers – in what some describe as a new north-south wind manufacturing corridor running roughly from Minnesota to Texas.”

   “Nationwide, wind-turbine manufacturing added 13,000 jobs for a total of 85,000 wind workers last year… Even amid the economic gloom, demand is still soaring in one wind-energy area: wind-turbine technicians. Wind-farm growth has come on so fast worldwide that huge demand remains for technicians to maintain them.”

   But, The Guardian reports gloom from one of the companies featured in the Monitor’s article — a Californian wind turbine firm axes staff as recession hits renewables sector. “Clipper Windpower said in a trading update that 90 staff would be laid off and production levels cut by up to a fifth… Clipper had been ramping up its production facilities at its main manufacturing base at Cedar Rapids in Iowa in anticipation of new demand. But the company said it was now ‘reducing overall operating expenses, component purchases and working capital balances to align with the lower production levels, including an 11% workforce reduction.'”

Four at Four continues with Wall Street pay, Treasury Department over paying for bailout ‘assets’, Dawa party’s big win in Iraq, and the U.S. Navy’s wargame plans for Oregon.

This is just being reported,

Army reports alarming rise in suicides last month

There has been a small sprinkling of reports about the Military Suicides in the last couple of months, most of those found only if one is hitting a number of news outlets but not making National News, even as those who serve do so for the Country not a Community located near a base or where their from.

Gonzales Claims U.S. Attorneys Were Not ‘Fired for Political Reasons

Of Course They Weren’t

They Were Fired For Failing To Attend

Pat Robertson’s Law School

Obama puts the heat on Republicans

He says the ‘half steps’ now urged by the GOP for the stimulus bill are the same ideas that led to the financial crisis.

By Peter Nicholas

February 5, 2009

Reporting from Washington — President Obama abruptly changed tactics Wednesday in his bid to revive the economy, setting aside his bipartisan stance and pointedly blaming Republicans for demanding what he cast as discredited “piecemeal measures.”

Obama’s comments were a marked departure from the conciliatory tone he has maintained as he courted Republican votes for his stimulus package through compromise. Against the wishes of his own party, Obama crafted a plan that relied heavily on tax cuts rooted in Republican economic doctrine.

But in an unusual opinion piece in today’s Washington Post, and in remarks he made at two White House appearances, the president seemed to acknowledge that his approach wasn’t working.

Evidence of torture ‘buried by ministers’

Judges condemn secrecy over files detailing treatment of suspect by CIA

Richard Norton-Taylor

The Guardian, Thursday 5 February 2009

The government was accused last night of hiding behind claims of a threat to national security to suppress evidence of torture by the CIA on a prisoner still held in Guantánamo Bay.

An unprecedented high court ruling yesterday blamed the US, with British connivance, for keeping the “powerful evidence” secret, sparking criticism from lawyers, campaigners and MPs, who claimed the government had capitulated to American bullying.

Two senior judges said they were powerless to reveal the information about the torture of Binyam Mohamed, an Ethiopian-born British resident, because David Miliband, the foreign secretary, had warned the court the US was threatening to stop sharing intelligence about terrorism with the UK.

USA

Senate Advances Tax Break for Homebuyers



By DAVID M. HERSZENHORN

Published: February 4, 2009

WASHINGTON – The Senate on Wednesday voted to expand the economic stimulus package with a tax credit for homebuyers of up to $15,000, a provision championed by Republicans as addressing a root cause of the recession.

The vote to add the tax credit, at a cost of about $18.5 billion, came as Senate leaders seemed to be nearing completion of negotiations. The majority leader, Senator Harry Reid of Nevada, suggested that a final vote on the stimulus plan could come on Thursday.

Moderate lawmakers in both parties are pushing to reduce the overall cost of the measure and to focus it more tightly on provisions that will quickly spur spending and create jobs. The vote came as President Obama met with centrist lawmakers to address concerns about the package.

Nikai Thursday

Steve Miller Band – The Joker