Tuesday, February 16, 2010

Foreign demand for Teasury securities falls.

WASHINGTON (AP) -- The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing its holdings by $34.2 billion. The reductions in holdings, if they continue, could force the government to make higher interest payments at a time that it is running record federal deficits. The Treasury Department reported that foreign holdings of U.S. Treasury securities fell by $53 billion in December, surpassing the previous record of a $44.5 billion drop in April 2009...Link

Monday, February 15, 2010

Executive Power Lives on....

WASHINGTON — With much of his legislative agenda stalled in Congress, President Obama and his team are preparing an array of actions using his executive power to advance energy, environmental, fiscal and other domestic policy priorities. Mr. Obama has not given up hope of progress on Capitol Hill, aides said, and has scheduled a session with Republican leaders on health care later this month. But in the aftermath of a special election in Massachusetts that cost Democrats unilateral control of the Senate, the White House is getting ready to act on its own in the face of partisan gridlock heading into the midterm campaign.“We are reviewing a list of presidential executive orders and directives to get the job done across a front of issues,” said Rahm Emanuel, the White House chief of staff...Link

Debt is what we do best............

President Barack Obama has signed legislation lifting the cap on government borrowing to $14.3 trillion. The new law also puts in place new budget rules to curb growing annual deficits. Known as "paygo" — for "pay as you go" — the rules require future spending increases or tax cuts to be paid for with tax increases or other spending cuts. If the rules are broken, the White House budget office would force automatic cuts in programs like Medicare and farm subsidies. Most other benefit programs, including Medicaid, Social Security and food stamps, would be exempt. The debt limit was increased from $12.4 trillion to keep the U.S. from going into default. Obama signed the bill privately Friday at the White House...Link

Praying Mantis Tries To Catch Mouse Pointer - Watch more Funny Videos

Saturday, February 13, 2010


Massive Avalanche of Ice Off Roof - Watch more Funny Videos

Can chocolate lower your risk for stroke?....

While some of the staples of eating healthy are pretty easy to remember—eating balanced meals that include veggies, protein and starch, and eating lots of fiber, not too much sugar and not too much fat—sometimes keeping track of all of the little ways that diet can influence our health can be a challenge. Yet, if there's one thing that is easy to remember, it's chocolate. And, according to research that will be presented this April at a meeting of the American Academy of Neurology, because of the high concentration of antioxidants called flavonoids found in dark chocolate, indulging every now and then might decrease the risk for stroke, and may also reduce the risk of death after suffering a stroke...Link