by Dave McGill
For those who try to make some sense out of the headlines that invariably only trumpet the stock data, stop right now. It’s a complete waste of time.

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by Dave McGill
July data, released by the Labor Department today, showed the unemployment rate holding at 9.5 %, but only because fewer people were looking for work. Also, the total, non-farm workforce fell by 131,000 jobs, more than double what had been expected.

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by Dave McGill
The Washington Post reported on Thursday that, according to NATO officials, corruption in Afghanistan, including black market activity, amounts to $12.3 billion per year, slightly less than the nation’s GDP. The take includes $2.5 billion in bribes and $1 billion stolen from the Afghan government.

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by Robert Reich
Second-quarter earnings reports are coming in, and they’re making Wall Street smile. Corporate profits are up. And big American companies are sitting on a gigantic pile of money. The 500 largest non-financial firms held almost a trillion dollars in the second quarter, and that money pile is growing larger this quarter. Profits [...]

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by Dave McGill
Rove is back and it’s not good news for the Democrats as they look forward to the mid-term elections.

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