Patriot Update - A Free Press for the Conservative Revolution

Economics:

For Economists Declaring an End to the Recession, Some Signs Suggest 'Not So Fast'

Data suggest declarations by economists that the longest recession since the Great Depression has ended may be premature.

Source: http://www.foxnews.com/politics/2009/08/14/economists-predic...

Economics:

Sarah Palin: Concerning the "Death Panels"

Yesterday President Obama responded to my statement that Democratic health care proposals would lead to rationed care; that the sick, the elderly, and the disabled would suffer the most under such rationing; and that under such a system these “unproductive” members of society could face the prospect of government bureaucrats determining whether they deserve health care.

Source: http://www.facebook.com/note.php?note_id=116471698434

Economics:

Auto Dealers Still Await Reimbursement From Uncle Sam Despite Refueled Clunkers

Although the cash for clunkers program has been refueled with a $2 billion cash injection by Congress, some auto dealers' bank accounts are still running on fumes, waiting to get reimbursed by the government.

Source: http://www.foxnews.com/politics/2009/08/13/auto-dealers-awai...

Economics:

Jobless claims up, retail sales dip unexpectedly

Unexpected rise in new jobless claims, drop in July retail sales point to strained recovery

Source: http://finance.yahoo.com/news/Fed-says-economy-leveling-new-...

Economics:

Retail sales unexpectedly dip 0.1 percent in July

Retail sales outside of autos turned in a disappointing performance in July, underscoring concerns about the timing and durability of a recovery from the worst recession since World War II.

Source: http://finance.yahoo.com/news/Retail-sales-dip-01-percent-ap...

Economics:

Report: Economists Say Recession Over, Want Bernanke to Stay

Economists date the start of the recession to December 2007 -- defining much of Ben Bernanke's term as Federal Reserve chairman -- and a majority in a Wall Street Journal survey agree that the recession is coming to an end.

Source: http://www.foxnews.com/politics/2009/08/11/report-economists...

Economics:

Cash-For-Suckers

A few months ago I sold my 1979 rustbucket Dodge for $500, just to get rid of it. Darn the luck! If I'd have just held on to it, I could have traded it in on the gummint's "Cash-4-Clunkers" program. I could have gotten a $4500 voucher toward a Prius or a Focus!

Source: http://www.americanvision.org/the-american-vision-blog/cash-...

Economics:

Deficit grew by 181 billion in July

Bailouts for financial firms and billions in tax revenue lost because of the recession drove the deficit to a record $1.3 trillion in July, according to the independent Congressional Budget Office (CBO).

Source: http://thehill.com/leading-the-news/deficit-grew-by-181-bill...

Economics:

Outbursts, Hot Tempers Fill Town Hall Meetings Across U.S.

At a meeting in Des Moines, Sen. Tom Harkin of Iowa, was interrupted several times by people in the audience shouting criticism and questions, even though he said he didn't expect Iowans to take part in what he called "scare tactics, misinformation and obstruction."

Source: http://www.foxnews.com/politics/2009/08/08/outbursts-hot-tem...