Fwd: There is no private sector as far as Obama is concerned >>OR<<

Do you notice that the Private Sector Economy is barely discussed and
this economic news is about government and Obama. There is no private
sector as far as Obama is concerned. We no longer have an economy, we
have Government and Government is becoming the driving force of peoples
survival. You go to the government, not your own economic plans.

*Not one story below of any Private business that is a success*

**************** *Economy News* ****************

US-BUSINESS Summary
World stocks rebound, Aussie hit by RBA LONDON (Reuters) – World stocks
bounced back on Tuesday after hitting three-month lows a day earlier,
but gains were limited ahead of key economic data and rate decisions
from the European Central Bank and the Bank …
5 hours, 12 minutes ago

Obama’s Plan: Deficits Now, Budget Discipline Later
The federal deficit will hit record heights this coming year, in part
because the Obama administration wants to spend another $100 billion on
immediate tax cuts and government spending to spur job growth. But even
when the economy is on stronger footing, …
7 hours, 15 minutes ago

[FACT CHECK: Obama budget a leap of faith on growth] FACT CHECK: Obama
budget a leap of faith on growth
AP – President Barack Obama’s proposed budget relies on a commission
without teeth to help his administration wrestle the deficit out of the
danger zone. It forecasts stronger economic growth than most economists
expect and calls on Congress to cut progra …
7 hours, 28 minutes ago

[Obama touts federal help for small businesses] Obama touts federal help
for small businesses
AP – President Barack Obama’s bid to sell his economic agenda and
re-energize voters picks up in politically significant New Hampshire,
where he will again promote an idea to free up more cash for hurting
smaller businesses.
7 hours, 48 minutes ago

[Obama budget, jobs plan get early tests on Hill] Obama budget, jobs
plan get early tests on Hill
AP – President Barack Obama’s proposed budget, stuffed with initiatives
to spark jobs and the economy, is getting an early test with lawmakers
weary of record deficits, wary of his tax ideas and nervous about
winning re-election in November.
7 hours, 56 minutes ago

Asia stocks mostly lower after US economic reports
HONG KONG — Asian stock markets were mostly lower Tuesday as positive
U.S. economic reports failed to ease worries about the global recovery.
8 hours, 54 minutes ago

[Obama budget: Record spending, record deficit] Obama budget: Record
spending, record deficit
AP – Spelling out painful priorities, President Barack Obama urged
Congress on Monday to quickly approve a huge new shot of spending for
recession relief and job creation, part of a record $3.8 trillion budget
that would boost the deficit beyond any in th …
10 hours, 45 minutes ago

Volcker Looms Larger as Support for Bernanke Strengthens Ties
Bloomberg – Feb. 2 (Bloomberg) — Paul Volcker is enjoying
increasedinfluence with the Federal Reserve as well as the
Obamaadministration, central bank records show.
11 hours, 15 minutes ago

Government data show an ongoing but uneven economic recovery
In another sign of the nation’s uneven economic recovery, new data
released Monday showed manufacturing activity at its highest level in
more than five years while consumer demand continued to moderate.
11 hours, 15 minutes ago

China’s new foreign policy takes shape – in Moldova
Reuters – Small, poor nations without significant mineral deposits are
unlikely candidates for investment by the world’s third-largest economy.
16 hours, 9 minutes ago

Business Highlights
– Toyota tells dealers parts on way to fix pedals
17 hours, 27 minutes ago

Dollar retreats on strong economic reports
NEW YORK — The dollar was mostly lower against major currencies Monday
and retreated from a six-month high against the euro as strong economic
reports prompted investors to dump the low-yielding U.S. currency for
riskier bets.
17 hours, 56 minutes ago

Manufacturing expands but shows few job gains
Reuters – U.S. manufacturing expanded in January at its fastest pace
since 2004 but consumers increased their spending only slightly in
December, worried by job prospects and the state of the economy.
18 hours, 4 minutes ago

[Factory activity fueling modest economic recovery] Factory activity
fueling modest economic recovery
AP – Hopes that America’s factories will help drive the economic
recovery gained support Monday from news that manufacturing activity
grew in January to its strongest point since 2004.
18 hours, 11 minutes ago

Obama’s 2010 budget: deficit soars amid job spending
WASHINGTON (Reuters) – President Barack Obama pledged on Monday to halve
a record 2010 budget deficit by the end of his first term in office, but
made tackling double-digit unemployment his immediate priority with a
spending plan that risked public ire an …
18 hours, 43 minutes ago

Treasury Dept. projects $392B in 1Q borrowing
AP – The Treasury Department says it expects to borrow $392 billion in
the current quarter to help finance the largest annual budget deficit in
history.
18 hours, 49 minutes ago

Fewer banks imposing new loan hurdles; demand low
AP – Fewer banks are erecting new hurdles for people and businesses to
get loans, a fresh sign credit problems are easing.
19 hours, 8 minutes ago

[Recession top factor in swelling budget deficits] Recession top factor
in swelling budget deficits
AP – As costly as President Barack Obama’s proposals to revive the
economy are, they pale in comparison to the impact the recession has had
on the federal budget and its astonishingly huge deficits.
19 hours, 40 minutes ago

Alumni Come Out In Droves To Support Sumner High
Sumner High School in St. Louis has been one of the premiere
institutions of black education in the U.S. — producing famous alumni
like Chuck Berry, Tina Turner and Arthur Ashe. But recent safety
concerns prompted the St. Louis Public Schools superintende …
20 hours, 15 minutes ago