Wednesday, September 10, 2014

BING - NFL Predictions Week 2 (The Record this Week 9 -7)

Forbes - Obama Outperforms Reagan On Jobs, Growth And Investing

Adam Hartung 

The Bureau of Labor Statistics (BLS) today issued America’s latest jobs report covering August.  And it’s a disappointment.  The economy created an additional 142,000 jobs last month. After six consecutive months over 200,000, most pundits expected the string to continue, including ADP which just yesterday said 204,000 jobs were created in August.
One month variation does not change a trend
Even though the plus-200,000 monthly string was broken (unless revised upward at a future date,) unemployment did continue to decline and is now reported at only 6.1%.  Jobless claims were just over 300,000; lowest since 2007.  Despite the lower than expected August jobs number, America will create about 2.5 million new jobs in 2014.
And that is great news.
Back in May, 2013 (15 months ago) the Dow was out of its recession doldrums and hitting new highs. I asked readers if Obama could, economically, be the best modern President?  Through discussion of that question, the number one issue raised by readers was whether the stock market was a good economic barometer for judging “best.”  Many complained that the measure they were watching was jobs – and that too many people were still looking for work.
To put this week’s jobs report in economic perspective I reached out to Bob Deitrick, CEO of Polaris Financial Partners and author of Bulls, Bears and the Ballot Box (which I profiled in October, 2012 just before the election) for some explanation.  Since then Polaris’ investor newsletters have consistently been the best predictor of economic performance. Better than all the major investment houses.  .............

Friday, September 05, 2014

Former Governor of Virginia Bob McDonnell Convicted on 11 Counts of Corruption


A jury today found former Virginia governor Robert J. McDonnell and his wife Maureen guilty of public corruption. The jury found that the McDonnells accepted $170,000 in gifts and bribes from Jonnie Williams, the CEO of a dietary supplement company in exchange for favors, NBC News reports.
Among the gifts Bob and Maureen McDonnell received from Williams were clothes worth $20,000 for Maureen, an engraved Rolex watch for the former governor, and a $15,000 wedding reception for the couple's daughter. The former governor, a Republican, was also treated to vacations. It was on one of those vacations that the McDonnells were photographed behind the wheel of a Ferrari belonging to Williams...................................

Thursday, September 04, 2014

BING - NFL Predictions Week 1 ( Record This Week 10 - 6 )

Bing Predicts: Results for NFL 2014

Bing Predicts