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See original article: China Manufacturing PMI Shows Modest Growth; Don’t Expect Bounce to Last
Congress has done such a beautiful job handling the fiscal cliff and debt ceiling that president Obama felt it mandatory to issue an Executive Order Giving Biden, Congress Pay Raises President Barack Obama issued an executive order to end the pay freeze on federal employees, in effect giving some federal workers a raise. One federal worker now to receive a pay increase is Vice President Joe Biden
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Near survey-record year-on-year fall in retail sales Rate of job losses fastest since July Business sentiment weakens to series low Summary: Italy’s retail sector remained in a steep downturn in December, with sales dropping sharply according to both monthly and yearly measures. Gross margins decreased amid a further rise in average wholesale prices, while firms cut employment and purchasing activity in line with lower sales. The month also saw business sentiment hit a record low
Read this article: Lock Congress Up Until They Deal?
See more here: US Hits Debt Ceiling Limit on December 31; Geithner Unveils Treasury Plan to Buy More Time
Link if video does not play: Darlene Love on Letterman 2012 I have watched Darlene Love nearly every year at Christmas for what seems like 20 years (a quick check shows I was off by a single year). This is Love’s 19th consecutive appearance. Love sings the exact same song every year.
Continue Reading: Yen Declines Following Shinzo Abe’s Threat to Change Japanese Law; An Idle Threat?
More: Bank of Japan Holdings of Japanese Government Bonds Exceeds 100 Trillion Yen for First Time
Director of Health Policy and Pension Reform While Illinois burns, Moody’s threatens next downgrade Ingram is of course preaching to the choir, but I don’t object one bit. It’s important for Illinois citizens to be informed about the pathetic state of Illinois finances.