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Debt is to Surplus as Democrat is to RepublicanTuesday, July 19, 2011 @ 2:37PMCOMMENTARY | While President Barack Obama's idea of a "balanced approach" to solving the debt ceiling crisis is to raise the debt limit and make the evil rich people pay even more taxes to support his increasing spending habits, Senate Republicans prefer a different approach. It's called "Cut, Cap and Balance." Cut spending, Cap the spending limit and Balance the existing budget.

DATA SNAP: US June Housing Starts Rise 14.6%Tuesday, July 19, 2011 @ 7:57AMDATA SNAP: US June Housing Starts Rise 14.6%

Stamping out Pontiac’s blight tough for officials WITH VIDEOSunday, July 17, 2011 @ 8:12PMChildren sat at shaded picnic tables, waiting for a lunch, during a sunny summer afternoon.

International Forecaster July 2011 (#5) - Gold, Silver, Economy + MoreSunday, July 17, 2011 @ 2:36PMThe following are some snippets from the most recent issue of the International Forecaster. For the full 35 page issue, please see subscription information below.

WASHINGTON STATE MAN SENTENCED TO 25 YEARS FOR ORCHESTRATING FORECLOSURE-RESCUE SCHEMEThursday, July 14, 2011 @ 8:42PMLOS ANGELES – July 14 2011 - A Tacoma, Washington man was sentenced today to 25 years in federal prison for running a scheme that defrauded owners of distressed Southern California homes by promising to prevent foreclosure through the paying off of their mortgages, but in reality doing no more than sending their lenders fake notes, totaling $55 million, that were supposedly backed by Treasury ...

JPMorgan profit rises, loan book growsThursday, July 14, 2011 @ 6:14PMNEW YORK (Reuters) - JPMorgan Chase & Co posted a higher-than-expected second-quarter profit as it wrote off fewer bad mortgages and credit card loans.

GOP leaders split on debt ceilingThursday, July 14, 2011 @ 6:11PMWe have a representative democracy. When did our elected officials stop representing me? The entire debt-ceiling debate is a good example [“Ingrained with politics, down to basics on debt ceiling,” News, July 14]. The people, business, the lobbyists all want the debt ceiling raised.

UPDATE 7-JPMorgan profit rises, loan book growsThursday, July 14, 2011 @ 4:11PM* Q2 EPS $1.27 vs Wall Street view $1.21 * Profit lifted by lower costs for bad loans * CEO Dimon: Time still needed to cure mortgage problems * Shares up 1.8 percent at close (Adds sale of 30-year bond, ...

Analysis: Recent California newspaper editorialsThursday, July 14, 2011 @ 12:43AMThe Associated Press July 12 Torrance Daily Breeze: "Are state salaries too good for government?" Figures released by the state controller last week show that California state government pays more than 1,400 workers in excess of $200,000 a year, and that the highest paid work is done for the Department of Corrections and Rehabilitation — much of it by prison doctors, dentists or nurses. Last ...