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Topic: Sandy unlikely to damage US economy, analysts say |
Sandy unlikely to damage US economy, analysts say
Associated Press, by Christopher S. Rugaber & *
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Original Article
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Posted By:Photoonist, 10/29/2012 11:03:34 PM
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| Washington - Airlines have canceled thousands of flights, stranding travelers around the globe. Insurers are bracing for possible damages of $5 billion. Retailers face shrunken sales. (Snip) But for the overall economy, damage from the storm will likely be limited. And any economic growth lost to the storm in the short run will likely be restored once reconstruction begins, analysts say. Americans may even spend more before the storm when they stock up on extra food, water and batteries. Preliminary estimates are that damage will range between $10 billion and $20 billion. That could top last year's
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Comments: [* Martin Crutsinger] Seeing as the "recovery" is already a poor one with manufacturers cutting back future estimates of sales who will notice a little more bad news on top of that?
Thanks for correct link. LCom Staff.
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Reply 1 - Posted by:
Photoonist, 10/29/2012 11:07:53 PM (No. 8973658)
Link: http://tinyurl.com/9tpm68a
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Reply 2 - Posted by:
tren9, 10/29/2012 11:13:37 PM (No. 8973664)
The authors do not understand economics. What do you do when you find this unique combination of both ignorance and stupidity?
In the real world the 'broken window theory' does not work.
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Reply 3 - Posted by:
losgatos, 10/29/2012 11:26:30 PM (No. 8973681)
Thank heavens! Wouldn't want this little storm to put a dent in Obama's booming economy.
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Reply 4 - Posted by:
jkcinsalem, 10/30/2012 2:37:38 AM (No. 8973829)
Didn't BO claim the Japanese tsumnami damaged the USA's economy? How in the world could such a headline be written? Idiots, all of 'em.
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Reply 5 - Posted by:
rabbit, 10/30/2012 8:30:33 AM (No. 8974136)
Couldn't get passed the idiotic headline. Any large-scale natural disaster damages the economy. What planet is the headline writer from???
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Posted By: Photoonist- 11/6/2012 9:53:58 PM
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We at Townhall have been covering this hotly contested Senate race for months and the results are finally in: With 36 percent of precincts reporting, Elizabeth Warren has been declared the next junior Senator from Massachusetts. Warren has never held public office before and the eye-popping $40 million she raised this election cycle evidently proved more than enough to unseat incumbent Senator Scott Brown. This was the most expensive Senate race of 2012 -- by a long shot.
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Republicans lose ground in bid to take over Senate
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NBC News, by M. ALex Johnson
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Posted By: Photoonist- 11/6/2012 9:36:34 PM
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Former Gov. Angus King, running as an independent, won the Senate contest Tuesday in Maine, NBC News projected, taking a seat that had been held by the Republicans. The loss further complicated the party's drive to take control of the Senate (Snip) Republican Ted Cruz defeated Democrat Paul Sadler to hold the open seat in Texas, succeeding retiring Republican Kay Bailey Hutchison, NBC News projected. See results Democrats held small edges in two of the other states critical to the balance of power in the Senate: In Massachusetts, where Elizabeth Warren, a law professor at Harvard University, was leading Republican
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CNN Reports Romney Internal Polling Shows Obama Leading In Ohio
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Mediaite, by Meenal Vamburkar
Original Article
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Posted By: Photoonist- 11/6/2012 9:23:34 PM
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CNN’s Peter Hamby reported that Mitt Romney‘s internal polling showed President Obama leading in Ohio by five percentage points.Per Hamby’s post: The number represented a sharp final bump for Obama in Ohio, a race that had essentially been a tied race through much of the previous week, according to the campaign’s daily tracking. The polling, which also showed a tight race in Pennsylvania, explains why Romney officials decided to send their candidate on last-minute Election Day visits to Cleveland and Pittsburgh.
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Obama adviser: 'They'll be counting until 2 a.m.' in Florida
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Fox News, by Staff
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Posted By: Photoonist- 11/6/2012 9:11:57 PM
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The Obama and Romney campaigns may be gearing up for a very late night, with one Obama campaign adviser predicting that in Florida alone, "they'll be counting until 2 a.m." The Obama adviser said signs suggest the race is quite tight, though the campaign claimed to be "holding strong" in key battlegrounds like Ohio, Pennsylvania and Wisconsin. The adviser also said turnout among black voters in Virginia was better than expected, suggesting that could be a problem for Mitt Romney. Republican operatives in Virginia, though, predicted a razor-thin victory for their candidate in the state.
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No surprises for Obama, Romney in early projections
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Posted By: Photoonist- 11/6/2012 9:02:23 PM
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Washington - Early returns on Tuesday in what is anticipated to be a dead even presidential election contained no surprises, as CNN projected President Barack Obama will win his home state of Illinois and eight other races while Republican challenger Mitt Romney will win nine states. All races called so far went as expected after the roller-coaster ride of an election campaign that was buffeted by a superstorm and missteps on both sides. Obama and Romney ran dead even in final polls that hinted at a result rivaling some of the closest presidential elections in history, reflecting the deep political
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Exit polls 2012: Hurricane Sandy not a factor
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Politico, by Emily Schultheis
Original Article
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Posted By: Photoonist- 11/6/2012 8:48:28 PM
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A week after Hurricane Sandy slammed into the East Coast, a majority of voters said President Barack Obama’s response to the crisis wasn’t a factor in their vote, according to early exit polls. Fifty-five percent of those surveyed, per CBS News’ early exit polling released by radio station WKZO in Kalamazoo, Mich., said Obama’s handling of the storm was a minor factor in their vote or wasn’t a factor at all. Twenty-six percent named Sandy as an “important” factor, and 15 percent said it was the “most important” factor in their decision.
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Exit polls 2012: Mitt Romney winning independents
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Politico, by Emily Schultheis
Original Article
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Posted By: Photoonist- 11/6/2012 8:47:41 PM
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Mitt Romney is leading among independents in both Ohio and Virginia, early exit polls show. In Ohio, the former Massachusetts governor takes 56 percent of self-identified independents, compared with 40 percent for President Barack Obama. That’s a huge decrease for Obama from 2008, when the exit polls found him winning independents in Ohio by 12 points, 52 percent to 44 percent for John McCain. The numbers are similar but slightly tighter in Virginia: Romney takes 53 percent of independents there, according to ABC News exit polls, a 12-point lead over Obama. In 2008, Obama won independents in the state by
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Posted By: FlyRight- 6/16/2013 10:53:38 AM
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In the latest black eye for the scandal-ridden State Department, a whistleblower claims she was run out of the foreign service after complaining about a consul general’s alleged office trysts with subordinates and hookers.Kerry Howard says she was bullied, harassed and forced to resign after she exposed US Consul General Donald Moore’s alleged security-threatening shenanigans in the Naples, Italy, office. As the post’s community-liaison officer, Howard was charged with keeping workplace peace and advising higher-ups on the state of morale, but when she revealed allegations about her boss, State Department officials swept it under the rug,
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Who is he? Obama keeps allies, enemies guessing in second term
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The Hill, by Justin Sink
Original Article
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Posted By: ketchuplover- 6/17/2013 6:31:12 AM
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Five months into his second term, allies and enemies are as confounded as ever about who President Obama really is. Is he the dyed-in-the-wool liberal that his biggest supporters and critics suggest? Or is he a pragmatic, even cynical, politician who cares more for his popularity than taking risks for his ideological goals or living up to his rhetoric? Even in the short period since his reelection, Obama has provided evidence to support conflicting interpretations. His efforts to pass immigration reform, the unsuccessful push for stricter gun controls and tax hikes on high earners buttress the case for Obama-as-ideologue.
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Jeb Bush labels conservative critics ‘the chirpers’
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Washington Post, by Aaron Blake
Original Article
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Posted By: KarenJ1- 6/17/2013 1:22:30 PM
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Jeb Bush says he’s not worried that his work toward comprehensive immigration reform and his ties to the GOP establishment will alienate conservatives and negatively impact a potential 2016 presidential campaign, referring to critics as “the chirpers.” “If I decide to run for office again, it will be based on what I believe, and it will be based on my record,” the former Florida governor said in an interview with the Christian Broadcasting Network’s David Brody. “And that record was one of solving problems completely from a conservative prospective.” Bush (R) pointed to his conservative
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Barbara Walters Defends Maher Calling Trig Palin Retarded: ‘I Don´t Think He Intended it to be Mean-Spirited’
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Newsbusters, by John Nolte
Original Article
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Posted By: JoniTx- 6/17/2013 5:19:02 PM
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As NewsBusters reported last week, former Alaska Governor Sarah Palin called out vulgarian comedian Bill Maher for referring to her Down Syndrome son Trig as "retarded." On ABC´s The View Monday, co-host Barbara Walters astonishingly defended Maher saying, "I don´t think he intended it to be mean-spirited" (video follows with transcript and commentary): WHOOPI GOLDBERG: At a recent standup show in Las Vegas, comedian Bill Maher apparently called Sarah Palin’s five-year-old developmentally-challenged son Trig retarded. And Sarah blasted him on Twitter as a bully. Is that, is it, is he a bully? Is he a bad, what is he?
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Melendez warns without legal status ´there will never be road to White House for GOP´
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National Review Online, by Andrew Johnson
Original Article
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Posted By: Fiesta del sol- 6/16/2013 2:41:41 PM
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Gang of Eight member Bob Menendez advised Republicans to accept legalization status for current illegal immigrants if they ever want to see another president from their party. “I would tell my Republican colleagues — both in the House and the Senate — that the road to the White House comes through a road with a pathway to legalization,” the New Jersey senator said on State of the Union this morning. “Without it, there’ll never be a road to the White House for the Republican party.” Menendez also warned of triggers on border security
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Posted By: trapper- 6/16/2013 11:18:45 PM
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Politico’s Playbook has an excerpt from a new Ryan Lizza piece from the New Yorker that is not yet online. It contains a passage on the back-and-forth between labor and the Chamber that has a quote from a Rubio staffer that is going to raise eyebrows, to say the least: “There are American workers who, for lack of a better term, can’t cut it. There shouldn’t be a presumption that every American worker is a star performer. There are people who just can’t get it, can’t do it, don’t want to do it. And so you can’t obviously discuss that publicly.” Here is the entire context:
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Threats made to figures at center of IRS controversy: sources
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Reuters, by Patrick Temple-West and Karl Plume
Original Article
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Posted By: FlyRight- 6/16/2013 6:48:57 AM
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A current and a former top tax official have been physically threatened in recent weeks as the scandal over Internal Revenue Service targeting of Tea Party and other conservative groups has gathered steam, people familiar with their situation say.Ousted IRS acting commissioner, Steven Miller, has received such threats, according to a source familiar with his situation. The source declined to elaborate on the nature or the source of the threats.
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