In marking the end of the American combat mission in Iraq, we have now welcomed home nearly 100,000 of our troops from that war. Across the country, family and friends have honored these returning heroes. Spouses have been reunited, and military moms and dads have held their children once again.
Looking ahead to the final months of the year, 11 percent of executives interviewed for the Robert Half Professional Employment Report said they expect to increase the number of full-time staff they employ in professional occupations in the fourth quarter. However, this is unlikely to affect the more than 16 million unemployed Americans who will still be looking for work.
Consumer confidence improved marginally in August, following its decline in July, the result of an improvement in consumers’ short-term outlook, The Conference Board Consumer Research Center said on Tuesday. The Index now stands at 53.5, up from 51.0 in July.
The Department of Homeland Security Secretary Janet Napolitano announced today that Predatory Unmanned Aerial System (UAS) flights will begin out of Corpus Christi, Texas, beginning on Wednesday, September 1. With the deployment of an UAS in Texas, DHS unmanned aerial capabilities will now cover the Southwest Border—from the El Centro Sector in California all the way to the Gulf of Mexico in Texas—providing critical aerial surveillance assistance to personnel on the ground.
Over the last two years of the housing bubble, Wall Street bankers perpetrated one of the greatest episodes of self-dealing in financial history. Faced with increasing difficulty in selling the mortgage-backed securities that had been among their most lucrative products, the banks hit on a solution that preserved their quarterly earnings and huge bonuses:
President Obama returned to New Orleans on the fifth anniversary of Hurricane Katrina where he addressed a gathering of government officials, private sector and other representatives at Xavier University on Sunday afternoon. Mr. Obama told his audience that while an incredible amount of progress had been made over the past five years in helping the region to recover from the worst natural disaster in the U.S’s history, there was still a lot to be done and pledged his administration’s support until the job is done.
About a month ago, Homeland Security began reviewing and moving to dismiss deportation cases against suspected illegal immigrants without serious criminal records. This shouldn’t come as too much of a shocker. The Obama administration and Immigration and Customs Enforcement have been up front about prioritizing the deportation of undocumented immigrants who are criminal offenders. The method, however, may be new.
2008, President Barack Obama was elected, among other campaign promises, to bring U.S. combat troops home from Iraq within 16 months. President Obama said, “The best way to press Iraq’s leaders to take responsibility for their future is to make it clear that we are leaving.” Obama pledged to, “seek a new accord on Iraq’s Constitution and governance.”
On a recent Friday morning, Wallace Farmer packed up and moved out of his Baltimore row house. After over a year of confusion and delays, JPMorgan Chase told Farmer that he made too much for a mortgage modification through the government’s foreclosure relief program. That made no sense to Farmer — he’d lost around $500 a month from two rental properties — but he was done fighting. He recalls finally saying, “To hell with it.”
House Republican Leader John Boehner on Tuesday called on President Obama to fire his economic team. According to Boehner, Obama should start with getting rid of Treasury Secretary Geithner and Larry Summers, the head of the National Economic Council. Boehner added that their firing is not a substitute for a referendum on the president’s job-killing agenda, as that question would be put to the American people in due course.
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