Monday, September 06, 2010

I Agree With Capper

Yep.

(7) Comments
Posted by Owen at 2156 hrs
Culture + Law

Color Footage of the Blitz

Wow.

Rare color footage of the bomb damage inflicted on London during World War II has surfaced on the eve of the 70th anniversary of the Blitz.

The dramatic footage shows the destruction of several London landmarks, including the flagship John Lewis store on Oxford Street.

The film was released Monday by Westminster Council to mark the start of the devastating German bombing campaign that began September 7, 1940, and continued until May 1941.

The film was found in the attic by the family of an air raid warden who shot it on the home movie equipment in use in the 1940s.

The footage also shows wartime leader Winston Churchill visiting bomb sites to assess the damage.

(3) Comments
Posted by Owen at 2039 hrs
Culture + Military

Obama’s Latest Jobs Plan

Seriously?

Administration officials said the transportation plan’s initial $50 billion would be the beginning of a six-year program of transportation improvements, but they did not give an overall figure. The proposal has a longer-range focus than last year’s economic stimulus bill, which was more targeted on immediate job creation.

The plan calls for rebuilding 150,000 miles of roads; building and maintaining 4,000 miles of rail lines and 150 miles of airport runways, and installing a new air navigation system to reduce travel times and delays.

Obama also called for a permanent funding mechanism, an infrastructure bank, to focus on paying for national and regional infrastructure projects. Officials provided few details of how the bank would work.

Obama said the proposal would be fully paid for. In an earlier briefing for reporters, administration officials said Obama would pay for the program by asking lawmakers to close tax breaks for oil and gas companies and multinational corporations.

So after spending nearly a trillion dollars to spur job growth and failing, he proposes another “shovel ready jobs” program for another $50 Billion with no specific idea how to fund it. 

Par for the course.

(9) Comments
Posted by Owen at 1916 hrs
Economy + Politics + Politics - General

Wisconsin Needs More Jobs

Yep.

Wisconsin has lost 155,200 jobs since the December 2007 start of the recession, according to a paper to be published Monday by the Center on Wisconsin Strategy.

Researchers at the nonprofit think tank based at the University of Wisconsin-Madison document the recession’s impact, as well as longer-term job trends, in a biennial survey, “The State of Working Wisconsin 2010.”

“On this Labor Day, the economy provides little to celebrate for working Wisconsinites,” the report’s authors write.

The report found that one in four manufacturing jobs in the state was lost during this decade.

While the state’s unemployment rate stood at 7.8% in July, researchers said that fully 15% of the labor force was underemployed. The underemployment figure includes the unemployed, those who have given up the job hunt and part-time workers unable to secure full-time employment.

African-American unemployment reached 23.5% - more than three times the rate of whites - while Hispanic unemployment was nearly 16%. Those numbers are from 2009, the most recent year such figures were available.

But have no fear!!! 

President mulls new measures to spark economy

(28) Comments
Posted by Owen at 0821 hrs
Economy + Politics + Politics - Wisconsin