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Archive for the 'Economy' Category


Summary: Incomes for the wealthiest 1 percent of Americans nearly tripled from 1979 to 2007, far outpacing income growth for all other groups and underscoring the sharply increased U.S. income disparity between rich and poor. … One-year retrospective: One year ago today, on October 27, 2010, Aubrey Immelman reported that Osama bin Laden threatened to kill French citizens to avenge France’s support for the U.S.-led war in Afghanistan and a new law banning face-covering Muslim veils.



Summary: A new report by the Wartime Contracting Commission estimates that about $60 billion in taxpayer money has been lost to waste and fraud in Iraq and Afghanistan over the past decade of war. … One-year retrospective: One year ago today, on August 31, 2010, Aubrey Immelman provided his weekly report of U.S. military deaths in the Iraq and Afghanistan wars.



Summary: The U.S military estimates $360 million in U.S. tax dollars has ended up in the hands of the very people the American-led coalition has spent nearly a decade trying to defeat in Afghanistan: the Taliban, criminals, and power brokers with ties to both. … One-year retrospective: One year ago today, on August 17, 2010, Aubrey Immelman provided his weekly report of U.S. military deaths in the Iraq and Afghanistan wars.


Aug 1st, 2011

Summary: President Barack Obama has struck a debt-ceiling compromise with Republican leaders of Congress, averting a potentially catastrophic government debt default. … One-year retrospective: One year ago today, on August 1, 2010, Aubrey Immelman reported that July 2010 was Iraq’s deadliest month in more than two years, suggesting that a resilient insurgency was successfully taking advantage of the months of deadlock in forming a new Iraqi government.



Summary: Ten signs the U.S. has entered a double-dip recession. … One-year retrospective: One year ago today, on July 31, 2010, Aubrey Immelman reported that July 2010, with 63 dead, became the deadliest month of the then nearly 9-year-old Afghanistan war for U.S. forces, surpassing the previous record of 60, set in in June 2010.



Summary: Analysis by the Pew Research Center of data from the Census Bureau’s Survey of Income and Program Participation (SIPP) shows that the wealth gap between whites and blacks and Hispanics has widened dramatically during the recession, with whites on average 20 times wealthier than minorities. … One-year retrospective: One year ago today, on July 27, 2010, Aubrey Immelman provided his weekly report of U.S. military deaths in the Iraq and Afghanistan wars.



Summary: As Washington dithers over raising the nation’s debt ceiling, investor confidence is flowing away, with bond rating agencies and investors losing confidence that debt issued by a dysfunctional government is a risk-free bet that deserves a top-notch credit rating. … One-year retrospective: One year ago today, on July 26, 2010, Aubrey Immelman reported that a six-year archive of classified military documents released on the Internet by WikiLeaks offered an unvarnished picture of the war in Afghanistan that is in many respects more grim than the official portrayal of the war.



Summary: Remarks from a radio address by President Ronald Reagan delivered on September 26, 1987, discussing the necessity of the United States meeting its obligations with respect to the national debt ceiling. … One-year retrospective: One year ago today, on July 20, 2010, Aubrey Immelman provided his weekly report of U.S. military deaths in the Iraq and Afghanistan wars.



Summary: The final bill for the post 9/11 U.S. wars in Iraq and the Afghanistan-Pakistan region will reach at least $3.7 trillion and could be as high as $4.4 trillion, according to the research project “Costs of War” by Brown University’s Watson Institute for International Studies. … One-year retrospective: One year ago today, on June 29, 2010, Aubrey Immelman provided his weekly report of U.S. military deaths in the Iraq and Afghanistan wars.


Apr 2nd, 2011

Summary: After more than two years of a bleak prospects for job seekers, the economy’s slow, steady growth is finally creating jobs at a healthy pace. … One-year retrospective: One year ago today, on April 2, 2010, Aubrey Immelman reported that the U.S. economy had posted its largest job gain in three years, with unemployment in March remaining at 9.7 percent for the third straight month.