Friday, September 17, 2010

Construction to begin for high-speed rail leg

breaking ground Friday in Alton for the portion of the line between the Mississippi River city and Springfield, then to near Lincoln.

That $98 million effort is a part of the $1.1 billion the Obama Administration awarded in January to improve passenger rail service between Chicago and St. Louis.

The improvements are expected to allow trains to operate at up to 110 mph. That's up from 79 mph currently.

Click on the following for more details:  Daily Herald | Construction to begin for high-speed rail leg

Regulators close 6 banks in Ga, NJ, Ohio, Wis -

Maritime Savings Bank, based in West Allis, Wis., with assets of $350.5 million.

Click on the following for more details:  Regulators close 6 banks in Ga, NJ, Ohio, Wis - Yahoo! Finance

Fish Stories | FactCheck.org

 

Pelosi’s Job Numbers

The speaker of the House said at a Tuesday night news conference: "It’s important to know that in the first eight months of 2010, more jobs were created than in the eight years of the Bush administration."

Really? Well, no, not quite. In the first eight months of this year, the economy gained a net total of 723,000 jobs, according to the Bureau of Labor Statistics. During Bush’s eight years, the gain was 1,080,000 jobs.

Pelosi’s staff said she was referring only to private sector jobs, omitting any change in government employment. By that measure, she would be right

Obama: Sept. 10: It’s very hard when you’ve got a determined minority in the Senate that insists on a 60-vote filibuster on every single person that we’re trying to confirm, even if after we break the filibuster it turns out that they get 90 votes.

It’s true that Republicans have blocked and delayed many of Obama’s nominees. The Legal Times reported that a 99 to zero vote on one federal court appointment "follows a pattern of circuit nominees waiting several months for votes in the full Senate, only to be confirmed eventually without dissent." The Associated Press cited a "determined Republican stall campaign" for the fact that Obama has "put fewer people on the bench than any president since Richard Nixon at a similar point in his first term 40 years ago."

Fish Stories | FactCheck.org

‘Second Poorest’ Nation? | FactCheck.org

In a September 10 press conference, President Barack Obama characterized Afghanistan as "the second poorest country in the world." It’s an impoverished country indeed, but second poorest? The CIA World Factbook doesn’t think so.

It lists Afghanistan as number 210 of 227, with a per capita gross domestic product of $1,000 in 2009. That’s orders of magnitude lower than the richest country, Liechtenstein, with a GDP of $122,100 per person — but it’s much higher than the per capita GDP of the actual second poorest country, Burundi, with $300. The Democratic Republic of the Congo ranks last. The International Monetary Fund puts Afghanistan at 170 of 183 nations based on purchasing power parity per capita GDP. (PPP takes into account not only how much money a country makes, but what that money can buy.)

So what gives? The White House tells us that the president was referring to the United Nations’ 2009 Human Development Report, which lists Afghanistan as number 181 of 182 in terms of human development.

‘Second Poorest’ Nation? | FactCheck.org

Convicted ex-cop loses pension in media glare :: CHICAGO SUN-TIMES :: Po

Some more Melrose Park scandal news.

Deputy, boss shook down businesses

 

Under Illinois law, police officers lose their pension when they are convicted of a felony related to their job.

Click on the following for more details:  Convicted ex-cop loses pension in media glare :: CHICAGO SUN-TIMES :: Politics

Lifelines for the needy disappearing - Sep. 16, 2010

with more people than ever living in poverty, the government's unprecedented effort to strengthen the safety net for needy Americans is running out.

Click on the following for more details:  Lifelines for the needy disappearing - Sep. 16, 2010