Friday, September 9, 2011

President Obama calls on Congress to pass the American Jobs Act

President Barack Obama wants to shore up the sagging economy by putting “… more people back to work and more money in the pockets of those who are working.” Last night, in an address to a joint session of Congress at the U.S. Capitol, the president presented the American Jobs Act, which he claims will achieve those goals. THE PRESIDENT:  Mr. Speaker, […]
Saturday, September 3, 2011

Labor Day weekend gas prices not bad

Okay, we’re not seeing self-serve regular for $2 a gallon — but under $4 a gallon is still a good buy. A short while ago, regular gasoline at the pump appeared to be headed for the $5 a gallon mark. The national average for regular today is $3.6, according to triple A.  However, on Labor Day weekend last year the average price was $2.6 […]
Thursday, August 18, 2011

More economic worries: Stocks take another dive

The stock market took a beating again today. Some dramatic swings in the market over the past few days. Worries about the country tumbling into another recession reportedly caused the market to plunge more than 500 points today. When the market closed stocks had gained some ground — ending the day down 419 points. More on the stocks and the economic […]
Saturday, April 9, 2011

A government shutdown is averted by 11th hour deal

After weeks of haggling and last minute wheeling-and-dealing, the powerful Democratic and Republican leaders in Washington , D.C. have reached a historic agreement. It happened last night, shortly before the government would have had to shut down for lack of a budget. The deal include a one-week funding extension, which quickly passed the Senate and the House. President Obama is expected to sign it today.The […]
Friday, March 18, 2011

Regular gas breaks through the $4 barrier in the Media City

The price of regular gasoline has been hovering very close to that dreaded $4 a gallon mark for several days here in B-town. Today, for the first time, I saw stations with posted prices for regular at a little over $4 a gallon. I began reporting on the appearance of $4 a gallon gas in Burbank about two weeks ago. […]
Wednesday, November 3, 2010

What’s next? President Obama talks about last night’s election returns

Reflecting on the returns from yesterday’s mid-term election, President Barack Obama admitted today that he received a  “shellacking” from the voters. At a White House news conference, the president blamed the sluggish economy for voter dissatisfaction and frustration, which resulted in the Republicans gaining a majority in the House and whittling down the Democratic majority in the Senate. Also, the president […]
Thursday, October 14, 2010

Halloween haunted house business booming

The sluggish economy is still a fright, but thrill seekers are throwing down a lot of bucks at Halloween haunted house attractions this season.  Across the country, haunt houses are doing a bang-up business. In Pennsylvania, the haunted house “PennHurst Asylum” reportedly caused a traffic jam when it opened  a short while ago. The number of Americans planning a scary visit to […]
Saturday, October 9, 2010

News, Politics & Issues

Governor signs new budget with deep cuts for the needy Finally, following weeks no months of haggling, the state has a new budget. My relief  over the passage of the budget is tempered by Governor Arnold Schwarzenegger’s last minute act of cruelty and elitism. After a hard fought compromise in the legislature, the governor used his line veto to slash more than $960 million from […]