No honor among thieves,,,,,,,,,,, Hey, look on the bright side. You bring your mirror and you will always have plenty of company !

June 5, 2010
By Mike Wereschagin
PITTSBURGH TRIBUNE-REVIEW
Wednesday, June 2, 2010

Congressmen Jason Altmire and Tim Murphy have previous engagements. Sen. Bob Casey Jr. and Rep. Mike Doyle are out of town on anniversary trips with their wives. Allegheny County Executive Dan Onorato will be campaigning in Philadelphia.

When President Obama and Sen. Arlen Specter land at Pittsburgh International Airport today, Mayor Luke Ravenstahl will receive them by himself.

The rest of the region’s top elected officials declined White House invitations to attend Obama’s speech at Carnegie Mellon University this afternoon, their offices said.

The White House billed Obama’s speech as a follow-up to his economic address at Georgetown University on April 14, 2009, less than two months after he signed the $787 billion stimulus bill. In it, he spoke of laying “a new foundation for growth and prosperity — a foundation that will move us from an era of borrow-and-spend to one where we save and invest.”

Obama’s last trip to Pittsburgh was Sept. 24 and 25, when the city hosted the Group of 20 economic summit. He was in town 10 days before that to deliver the keynote address at the AFL-CIO convention. During both of those trips, elected officials didn’t greet him at the airport — as Ravenstahl will — but met up with him later, snagging a slice of the ever-present media spotlight on the country’s chief executive.

“It’s peculiar, to say the least,” Gerald Shuster, professor of political communication at the University of Pittsburgh, said about elected officials declining such invitations.

Altmire, a McCandless Democrat, will be in Midland, about an hour from Carnegie Mellon’s Oakland campus, to talk about $500,000 he secured for charter schools, spokeswoman Tess Mullen said.

“More than 150 people are coming,” Mullen said. “It’s been advertised for weeks.”

Obama lost Altmire’s district to Arizona Sen. John McCain by 10 percentage points in 2008. Altmire voted against administration priorities such as climate change and health care legislation, citing the wishes of constituents.

Onorato’s Philadelphia event was scheduled “for quite some time” before the White House announced the president’s visit Friday, spokesman Brian Herman said.

Murphy, R-Upper St. Clair, will be heading up a technology expo at a Canonsburg hotel. His office said that, too, had been in the works for a while.

Doyle’s excursion is necessary to secure the support of a narrow but essential constituency, he said.

“I planned this getaway with my wife months ago to celebrate our 35th wedding anniversary,” Doyle said via e-mail from his undisclosed location. “If I’d canceled it, I’m pretty sure we wouldn’t be celebrating our 36th anniversary next year.”

Obama won Pennsylvania in 2008 with 55 percent of the vote. Shortly after, Casey, Doyle and Specter joined him at the White House to watch the Steelers win the Super Bowl.

Obama’s Georgetown speech laid out five “pillars” on which the country’s economy would grow: new Wall Street regulations, federal budget savings, and investments in education, renewable energy and health care. Major changes since the speech include Senate passage of a financial reform bill on May 20; handing out the first round of education grants in the $4.4 billion Race to the Top program, with the second round beginning this month; and passage of a health care law in March.

The unemployment rate was 8.9 percent when Obama gave the Georgetown speech, and 9.9 percent in April, according to the most recent data available from the Bureau of Labor Statistics. The country’s Gross Domestic Product shrank at a rate of 4.6 percent in the first quarter of 2009. In the first quarter of 2010, it increased 4.1 percent.

A Susquehanna Polling & Research survey in April found Obama’s job approval in Pennsylvania fell to 42 percent, with 49 percent disapproving.

In the 10-county Southwestern Pennsylvania area, 43 percent approved of his performance, compared to 45 percent who disapproved, said Jim Lee, the polling company’s president. The counties are Allegheny, Armstrong, Beaver, Butler, Fayette, Greene, Indiana, Lawrence, Washington and Westmoreland.

Officials in swing districts such as Altmire’s, with an electorate showing an anti-incumbent mood, are loathe to link themselves to Washington, Lee said.

“I think Altmire fears a Charlie Crist moment,” Lee said, referring to the Florida governor voters chased from the GOP Senate primary this year after his more-conservative opponent used photos of Crist and Obama embracing.

Ravenstahl will greet Obama and Specter as they step off Air Force One at Pittsburgh International, and the three will ride into the city together, said Ravenstahl’s spokeswoman, Joanna Doven.

The mayor plans to make the most of his face time, discussing some of the city’s transportation needs and highlighting economic strides Pittsburgh has made, Doven said.

Obama last visited Carnegie Mellon as a candidate in 2008.


How’s the future look ?

May 28, 2010

=====
http://money.cnn.com/2010/05/28/markets/markets_newyork/index.htm
Dow ends worst May in 70 years
By Alexandra Twin, senior writer
May 28, 2010

NEW YORK (CNNMoney.com) — Stocks cut losses but finished in the red Friday,
ending a dismal month that saw the Dow Jones industrials suffer their worst
May in 70 years, after a downgrade of Spain’s debt reminded investors that
Europe’s economic woes continue.

The Dow Jones industrial average (INDU) lost 122 points, or 1.2%, after
having been down as much as 186 points earlier in the session. The S&P 500
index (SPX) fell 14 points, or 1.2%, and the Nasdaq composite (COMP) dropped
21 points, or 0.9%.

Stocks were already weak before the ratings agency cut Spain’s debt one
notch. While the cut still leaves the debt in investment grade territory, as
opposed to junk, it nonetheless managed to rattle investors in a
thinly-traded session.

“People were expecting a nice slow day and then the Spain news turned things
around,” said Joseph Saluzzi, co-head of equity trading at Themis Trading.

“It may have been anticipated, but It’s still a big deal,” he said. “It
tells us we are not out of the woods yet.”

Friday marked the end of a rough month on Wall Street in which stocks
plunged on worries about the European debt crisis, the weak euro and bets
that the market advance had outpaced any economic recovery.

The Dow lost 7.9%, according to early tallies, seeing its worst month since
February 2009, when it fell 11.7%, and worst May since 1940, when it plunged
21.7%.

The Nasdaq lost 8.3%, its worst month since November 2008, when it dropped
10.8%, and its worst May since 2000, when it skidded 11.9%.

The S&P 500 declined 8.2%, its worst month since February 2009, when there
was an 11% loss, and its worst May since 1962, when the drop was 8.6%.

Stocks rallied Thursday after China said it will stay invested in European
debt. The Dow jumped 285 points, or almost 3%, and the S&P 500 and Nasdaq
both gained more than 3%.

After such an advance, investors pled exhaustion Friday, with trading pretty
quiet as many market pros stepped out ahead of the Memorial Day weekend.

Stock declines were broad, with 27 of 30 Dow components falling, led by
Caterpillar (CAT, Fortune 500), Chevron (CVX, Fortune 500), Exxon Mobil
(XOM, Fortune 500), Hewlett-Packard (HPQ, Fortune 500), IBM (IBM, Fortune
500), 3M (MMM, Fortune 500), Johnson & Johnson (JNJ, Fortune 500).

The CBOE Volatility (VIX) index, or the VIX, Wall Street’s fear factor,
rallied 9% in afternoon trading.

0:00 /2:25Europe crisis: Wake-up call

Economy: A morning report from the Commerce Department showed consumer
income picked up last month, but spending didn’t follow suit.

Personal income rose 0.4% in April, matching the gain in March. Economists
surveyed by Briefing.com expected the 0.4% gain.

Personal spending was flat after rising 0.6% in the previous month. Spending
was expected to grow by 0.3%.

The Core PCE, the report’s inflation component, rose 0.1%, in line with
estimates, after increasing 0.1% in March.

The May consumer sentiment index from the University of Michigan rose to
73.6 from 73.3 last month. Economists expected it to ease to 73.2.

The Chicago PMI, a regional reading on manufacturing, fell to 59.7 in May
from 63.8 in April, versus forecasts for a drop to 60.
Don’t count on a Verizon iPhone

Euro: The European currency has seesawed since falling to a four-year low of
$1.2146 last week.

On Friday, the euro fell 0.5% versus the dollar but remained above that
four-year low. The dollar fell 0.3% against the yen.

World markets: Markets in Europe ended mixed. Britain’s FTSE 100 lost 0.1%,
Germany’s DAX gained 0.1% and France’s CAC 40 lost 0.3%.

Asian markets ended higher. Japan’s Nikkei gained 1.3% and Hong Kong’s Hang
Seng rose 1.7%. China’s Shanghai Composite gained 1.1%.

Commodities: U.S. light crude oil for July delivery fell $1.08 to $73.37 a
barrel on the New York Mercantile Exchange.

COMEX gold for August delivery fell $4.40 to $1,210 an ounce.

Bonds: Treasury prices gained modestly, lowering the yield on the 10-year
note to 3.31% from 3.34% late Thursday. Treasury prices and yields move in
opposite directions.

Trading volume: Market breadth was negative. On the New York Stock Exchange,
losers beat winners two to one on volume of 800 million shares. On the
Nasdaq, decliners topped advancers by almost three to one on volume of 1.41
billion shares.


Is any body paying attention ?

May 15, 2010

Mosque near ground zero to be dedicated on 9/11.   Well you finance em,,,, You educate em,,,,you have given all your Constitutional protections to em.  Now you try to figure out why these folks want and demand all your other benefits.  Are you kidding me? What’s up with the folks in New York…….click here  For more check this out…click here


“Atlas Shrugged”

April 22, 2010

The b******’s want to tax more so they can SPEND more!  Duh!!!  Sons o’ bit**** put us in this damn mess and now want US to pay.  I’m f****** TIRED of paying and paying! 
From: Laura, a new contributor !

Truth and Consequences………….. Rules and Deceit !

April 21, 2010

Your Government at it’s best,,,,,,,,,,,,, Monroe county is the path to cleaning it up !

Unite and Fight………. Citizens tsunami in 2010


No place to hide,,,,, You need to take part and take it back.

April 19, 2010

So………. Get up and do some thing,,,,,,, People are the power, People have the power……. Unite and Fight


Just the tip of the Ice Berg…….

April 17, 2010

You have seen nothing yet!!!!!!                  Unite and Fight….  vote 2010……. Citizens Tsunami