Today's Headlines; For The Strong Of Heart & Wallet

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Six Months to Go Until The Largest Tax Hikes in History

Bush tax cuts will expire on January 1, 2011

http://www.atr.org/six-months-untilbr-largest-tax-hikes-a5171#

 

Weak Economic Data Suggest Recovery Is Fizzling

Unemployment claims are up, home sales are plunging and manufacturing growth is slowing.

http://apnews.myway.com/article/20100701/D9GMF6SG2.html

 

Huge Tent City Takes Root In Hawaii

Homeless camps cover 50 acres, from Waipio Point, around Middle Loch to Pearl City

http://www.staradvertiser.com/news/20100627_Huge_tent_city_takes_root.html

 

National Debt Soars To Highest Level Since WWII

Federal debt will represent 62% of the nation’s economy by end of year

http://content.usatoday.com/communities/onpolitics/post/2010/06/national-debt-soars-to-highest-level-since-wwii/1

 

Feds wasted millions in utilities program for poor

Federal program wasted more than $100 million paying the electric bills of thousands of applicants who were dead, in prison or living in million-dollar mansions

http://news.yahoo.com/s/ap/20100701/ap_on_re_us/us_electric_bill_fraud

 

US Jobless Claims Surge More Than Expected

Claims for jobless benefits rose to 472,000 in the week ending June 26, an increase of 13,000

http://www.google.com/hostednews/afp/article/ALeqM5jqy5IpTzso42M9fD-d758aVxL2nQ

  

And, the best was saved for last…

 

Pelosi Claims That Unemployment Checks Create Jobs!

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Tom Tillison

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