Rick Santelli's Chicago Tea Party |
- Chicago Public Schools considers tax increase
- Herman Cain loses key Iowa tea party backer
- Tea party Democrats do exist
- Global race on to match U.S. drone capabilities
- The Dismal Recovery
| Chicago Public Schools considers tax increase Posted: 05 Jul 2011 08:33 PM PDT
Chicago Public Schools officials are looking to collect $100 million more in property taxes and seek further cuts at central office and in middle management positions as they try to bridge a gaping deficit. The district will have its Board of Education consider whether to approve the maximum property tax increase allowed under state law, which would mean higher tax bills for residents, although estimated average increases still are undetermined. “The big question about property taxes, that’s a decision that needs to be made by the board,” said Chief Administrative Officer Tim Cawley. To read more, visit: http://www.chicagotribune.com/news/education/ct-met-cps-taxes-20110705,0,7043460.story |
| Herman Cain loses key Iowa tea party backer Posted: 05 Jul 2011 08:17 PM PDT By JUANA SUMMERS, Politico Herman Cain on Tuesday announced replacements for some of the people who left his campaign in a wave of staff departures last week, but not before the turmoil cost the tea party favorite a key Iowa tea party supporter. Charlie Gruschow, founder of the Des Moines tea party and an emphatic Cain supporter, submitted his resignation to the campaign on Sunday, he confirmed to POLITICO. "I'm going to pursuse some other interests," Gruschow said. "My heart just isn't in it at this time." Gruschow's departure follows the resignations of Iowa organizational director Tina Goff and New Hampshire director Matt Murphy, along with regional director Jim Zeiler and Iowa straw poll director Kevin Hall, who have already left the campaign in some disarray. Gruschow was a direct line for Cain into the grassroots tea party base in the first-caucus state. He was the candidate's first Iowa organizer, doing everything from picking the candidate up from the airport to planning meet-and-greet events. But even before resigning, Gruschow was conspicuously missing from campaign activity in recent weeks. To read more, visit: http://www.politico.com/news/stories/0711/58344.html |
| Posted: 05 Jul 2011 08:05 PM PDT By Aaron Blake, The Washington Post Is there such a thing as a tea party Democrat? The answer, it seems, is yes. Polls show the group exists, but determining its actual impact is difficult. What role the group could play in the 2012 elections is even murkier, except as a rallying cry for Republicans who claim the movement is a bigger tent than it appears. Recently, Republican leaders have gone out of their way to make the argument that the tea party is more than just a group of (somewhat) disaffected Republicans who are angry about government spending they perceive to be out of control and the large size of the federal government. Republicans contend that the tea party movement, which surged in the 2010 midterm elections, includes not just Republicans but also independents and Democrats. In announcing her 2010 presidential bid this month, Minnesota Rep. Michele Bachmann (R-Minn.) described the tea party this way: "It's made up of disaffected Democrats. It's made up of independents. It's made up of people who have never been political a day in their life." In March, former Republican National Committee chairman Michael Steele said there are "many Democrats, conservative Democrats, in the tea party movement." To read more, visit: http://www.washingtonpost.com/politics/tea-party-democrats-do-exist/2011/07/05/gHQAjeadzH_story.html |
| Global race on to match U.S. drone capabilities Posted: 05 Jul 2011 07:56 PM PDT By William Wan and Peter Finn, The Washington Post At the most recent Zhuhai air show, the premier event for China's aviation industry, crowds swarmed around a model of an armed, jet-propelled drone and marveled at the accompanying display of its purported martial prowess. In a video and map, the thin, sleek drone locates what appears to be a U.S. aircraft carrier group near an island with a striking resemblance to Taiwan and sends targeting information back to shore, triggering a devastating barrage of cruise missiles toward the formation of ships. Little is known about the actual abilities of the WJ-600 drone or the more than two dozen other Chinese models that were on display at Zhuhai in November. But the speed at which they have been developed highlights how U.S. military successes with drones have changed strategic thinking worldwide and spurred a global rush for unmanned aircraft. More than 50 countries have purchased surveillance drones, and many have started in-country development programs for armed versions because no nation is exporting weaponized drones beyond a handful of sales between the United States and its closest allies. "This is the direction all aviation is going," said Kenneth Anderson, a professor of law at American University who studies the legal questions surrounding the use of drones in warfare. "Everybody will wind up using this technology because it's going to become the standard for many, many applications of what are now manned aircraft." Military planners worldwide see drones as relatively cheap weapons and highly effective reconnaissance tools. Hand-launched ones used by ground troops can cost in the tens of thousands of dollars. Near the top of the line, the Predator B, or MQ9-Reaper, manufactured by General Atomics Aeronautical Systems, costs about $10.5 million. By comparison, a single F-22 fighter jet costs about $150 million. Defense spending on drones has become the most dynamic sector of the world's aerospace industry, according to a report by the Teal Group in Fairfax. The group's 2011 market study estimated that in the coming decade global spending on drones will double, reaching $94 billion. To read more, visit: http://www.washingtonpost.com/world/national-security/global-race-on-to-match-us-drone-capabilities/2011/06/30/gHQACWdmxH_print.html |
| Posted: 05 Jul 2011 12:28 PM PDT
Two years ago, officials said, the worst recession since the Great Depression ended. The stumbling recovery has also proven to be the worst since the economic disaster of the 1930s. Across a wide range of measures—employment growth, unemployment levels, bank lending, economic output, income growth, home prices and household expectations for financial well-being—the economy’s improvement since the recession’s end in June 2009 has been the worst, or one of the worst, since the government started tracking these trends after World War II. In some ways the recovery is much like the 1991 and 2001 post-recession periods: All three are marked by gradual output growth rather than sharp snap-backs typical of earlier recoveries. But this recovery may remain lackluster for years, many economists say, because of heavy household debt, a financial system still damaged by the mortgage crisis, fragile confidence and a government with few good options for supporting growth. There are bright spots. Exports, particularly of manufactured and agricultural goods, are improving, in part because of booming developing-country economies and the weaker dollar. They are expected to pick up in the second half of the year as the temporary shock fades from Japan’s earthquake and tsunami. In a hint of this, the Institute of Supply Management on Friday reported an uptick in manufacturing for June. Higher corporate profits, stock prices and business investment also are supporting the expansion. To read more, visit: http://online.wsj.com/article/SB10001424052702304760604576425793342142396.html?mod=WSJ_hp_LEFTTopStories |
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