Thursday, December 6, 2012

Economic Uncertainty is Near its All-Time High

Michigan GOP Passes 'Right To Work' Legislation

The war on labor is heating up. And if you want war you got it. And that applies to Obama as well. He is nothing but a facilitator:

Following the Michigan House's lead, the state Senate passed a right-to-work measure on Thursday evening -- just hours after Gov. Rick Snyder and top GOP Republicans announced the bills.
Despite impassioned debate from Senate Democrats, the measure passed with a 22-16 vote. According to the Associated Press, four Republican state Senators joined all 12 of their Democratic counterparts in opposition to the right-to-work bill. It passed the Michigan House by a vote of 58-52 earlier in the evening. During the House vote, Democrats walked off the floor in protest after at least eight protesters were arrested, crowds were pepper-sprayed and the Capitol building locked down.

Video: Sallie Mae and ALEC micchecked by students

"If you're sick of Sallie Mae, then join the campaign to make Sallie Mae pay. Sign to get updates about how to take action:"

The Unemployment Rates Goes Back up Again

This could be disastrous for the economy. The belief that things are getting better is being undermined. And so is the whole argument for re-electing Obama. Things have to change dramatically or the whole economy could unravel. And when is the last time anyone talked about a jobs program?:

U.S. unemployment, as measured by Gallup without seasonal adjustment, was 7.8% for the month of November, up significantly from 7.0% for October. Gallup's seasonally adjusted unemployment rate is 8.3%, nearly a one-point increase over October's rate.