Friday, December 3, 2010

12/3/10 Current Events

4 current events
--include sources
--comment on 1 other classmate's blog.

51 comments:

  1. Our Us national debt is over $13.8 trillion.
    The debt per citizen is over$44,000.
    Iowa has over 116,000 people unemployed.
    The Iowa debt is almost $22 billion

    usdebtclock.org

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  2. Home prices fell 2% in the 3rd quarter after steadily rising since early 2009. There have been recorded gains in 4 of the past 5 quarters.

    http://money.cnn.com/2010/11/30/real_estate/CaseShiller_home_prices/index.htm

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  3. 1. I am currently in 5th place in the Stock Market Competition. I was up higher but I think Google's stocks are going down a bit and I have most of my investments in Google.

    3.Unemployment rate has been predicted to continue to decrease. This frightens me..it is the highest it has ever been.

    4. Wikileaks is struggling to stay online, I think this is good because it sickens me that they are making tons of money off of classified information.

    For Christmas: I'm getting an Xbox 360 Slim :)

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  4. Alan-Houses are getting cheaper thats good

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  5. 1.) The unemployment rate climbed to a seven month high in November as employers added only 39,000 jobs. Economists had expected that 145,000 were added last month. The unemployment rate climbed to 9.8 percent, from 9.6 percent in October.

    2.) Computer experts have warned for years about the threat posed by disgruntled insiders and by poorly crafted security policies, which give too much access to confidential data. And there is nothing about WikiLeaks' release of U.S. diplomatic documents to suggest that the group can't or won't use the same methods to reveal the secrets of powerful corporations.

    3.) New claims for unemployment aid rose last week by a seasonally adjusted 26,000 to 436,000, the Labor Department said Thursday. The previous week's claims were revised up slightly to show applications had tumbled by 31,000 to 410,000. The figures are often volatile during the weeks around the Veteran's Day and Thanksgiving holidays.

    4.)The trustee seeking money for defrauded former clients of Bernard Madoff said he filed a $6.4 billion lawsuit accusing JPMorgan Chase & Co of aiding the imprisoned Ponzi schemer's fraud as his main banker.

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  6. 1.The nation’s unemployment rate climbed to 9.8 percent in November, a seven-month high, as hiring slowed sharply, the government’s monthly employment report showed Friday.
    2. An unexpected increase in the U.S. unemployment rate and slower than expected job growth darkened the mood on Wall Street Friday.
    3.jobless rate rose to 9.8 percent in November as the anemic economy failed to create many jobs, don't even tell the full extent of the nation's No. 1 economic problem.
    4.New orders received by U.S. factories dropped 0.9 percent to a seasonally adjusted $420 billion in October, a setback for the manufacturing sector as demand declined across a broad array of goods, a government report on Friday showed.

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  7. I'm in 33rd place for the stock market thing.
    Jobless rate rises to 9.8 percent. This isnt good because our children may live in a time of no jobs.

    2/3 of America thinks that a full body scanner should be used in airports. I support this because it will reduce the amounts of theifs and highjacking. Even tho it might be expensive in the long run it will be worth it.

    The founder of Facebook gave a school 100,00 dollars. This is very thoughtful of him to give his own money to a school. Also more people in the U.S should be like this and try to have more respect for people.

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  8. That is not good that unemployment rates keep increasing. Ohh and mine were from msnbc.com

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  9. Readers of money magazines say that they plan to tip their housecleaners $65 this year which is $10 less than in 2007.

    http://money.cnn.com/galleries/2010/pf/1011/gallery.holiday_tipping.moneymag/index.html

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  10. I think that it is a bad sign that the unemployment rate has gone up so much and it remains to be a high number. I don't think that it is a good sign for the economy.

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  11. http://www.TheFiscalTimes.com/Issues/Life-and-Money/2010/11/26/Public-Schools-Seek-Private-Financing.aspx

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  12. That is crazy that Iowa has that many people unemployed. Hopefully in the near future that will change.

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  13. 1.) A funding bill was set to expire today, but yesterday Congress passed a 15-day funding bill. The vote was 239 to 178 on Wednesday.

    2.) Job growth of the month of November was slower than expected. The government was awed.

    3.) I am now 7th in the stock market. This is the highest i've ever been. Under Armour is helping me out a lot.

    4.) One thing i want for christmas is a GPS. I need it for college, considering i'll be in Des Moines next year.

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  14. On thursday before the temporary federal budget was set to expire congress put a 15 day expansion on it.
    November Jobs report says that unemployment went up 9.8%
    Neman Marcus store made the most money on black friday.http://money.cnn.com/
    I want a Ipod for christmas

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  15. 1)Focus Media (FMCN) is doing pretty good for me in stocks right now. A lot of my stocks are slowly going down though.
    2)Job recovery took a step back Friday morning. Employers added 39,000 jobs to their payrolls in November.
    3)The NFL ticket price has raised 4.5 percent. The price is now $76.47 a ticket. Even the teams that cannot fill seats have raised their tickets.
    4)Something I want for christmas would be.... Assassins Creed 3 :) (video game)

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  16. Blake 44,000 is alot for each of us to owe. Also the way the national debt rises is crazy.

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  17. NEW YORK (CNNMoney.com) -- Congress decided to keep the government open for business.On Thursday, the day before a temporary federal budget was set to expire, the Senate passed another Band-Aid measure that will fund federal operations for another 15 days.

    For black friday they spent more at Neiman Marcus and wal mart is in las place CCN.com

    from last summer the goveremt started to do the digital signal and the benefits are supposed to be huge.

    What I want for Christmas is a IPod Touch 32G

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  18. 1. Stock retreated Friday after a government report showed that U.S. job growth in November was much slower than expected. The declines were fairly modest as investors moved beyond the numbers to focus on that favorable policy decisions might be triggered by.
    http://money.cnn.com/2010/12/03/markets/markets_newyork/index.htm
    2. Congress decided to keep the government open for business. On Thursday, the day before a temporary federal budget was set to expire, the Senate passed another Band-Aid measure that will fund federal operations for another 15 days.
    http://money.cnn.com/2010/12/03/news/economy/budget_continuing_resolution/index.htm

    3.The government's monthly labor report threw a curve ball Friday morning as November's job growth came in far lower than expected and the unemployment rate rose to 9.8%.U.S. employers added 39,000 jobs to their payrolls in November, the Labor Department reported. That marks a major slowdown from October, when the economy added an upwardly revised 172,000 jobs.http://money.cnn.com/2010/12/03/news/economy/november_jobs_report/index.htm

    4.Cries for changing the Federal Reserve's job description are growing louder.For more than 30 years, the Fed has been tasked with a so-called dual mandate, which outlines two important goals: keep prices stable and maximize U.S. employment.http://money.cnn.com/2010/12/02/news/economy/thomas_hoenig_meets_house_republicans/index.htm

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  19. cyber monday was the biggest shopping day online in history . over 1 billion was spent just in the U.S.It Increased 16% from last year .
    http://www.cnn.com/2010/TECH/web/12/01/cyber.monday.biggest/index.html?iref=allsearch

    THe U.s Is trying to reduce the national debt . THey are trying to reform it .
    They hope to reduce $4 trillion from deficits over the next 10 years.
    http://www.cnn.com/2010/OPINION/12/02/navarrette.social.security/index.html

    Only about 4 of my stocks are up . I am in 36th place .
    http://www.howthemarketworks.com/trading/account.php


    I want an Ipod touch

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  20. The job market may be taking improvements. Monthly payroll numbers have been rising and less people are filing for unemployment. American are also working longers hours. The market is not gonna improve very rapidly, it will take time.

    http://money.cnn.com/2010/12/02/news/economy/november_jobs_report_lookahead/index.htm

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  21. I agree...the unemployment rates are so bad. I think it will only continue to worsen before it gets better..

    (my information was from foxnews.com by the way)

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  22. 1.The biggest major taxcut has been issued, and taxpayers are uncertain about the high level. President Obama wants to come to common grounds on the taxcuts Bush made when he was president. http://money.cnn.com/2010/12/02/news/economy/bush_tax_cuts/index.htm

    2. The unemployment rate rose in November. It is now up to 9.8%. US jobs added 39,000 jobs to their payroll in November. http://money.cnn.com/2010/12/03/news/economy/november_jobs_report/index.htm

    3. I am currently number 21 in the stock market challenge. My stocks are up 22.5%.

    4. I want an ipod for christmas

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  23. I hope the unemployment rate changes sometime soon.

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  24. I think our debt is horrible . I don't think The U.S will ever be able to get out of all the debt . I think with the loss of jobs that our economy is going to continue to get worse.

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  25. I think thats pretty cool that the owner of Facebook donated that much money too a high school.

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  26. 116,000 is a rediculous about of unemployment in the state of Iowa alone and the total Iowa debt is 22 billion. This is way too much considering the total national debt is 13.8 trillion.

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  27. 1. Research was done to see where Mint users made purchases on Black Friday. Neiman Marcus, Saks, Costco, Nordstorm, BJ's Wholesale Club, http://money.cnn.com/news/economy/black_friday/index.html, and Walmart were teh top retailers.
    2. The November job repot showed that the unemployment rate went up. The rate rose to 9.8%. US employers even added 39,000 jobs to their payrolls in November.http://money.cnn.com/2010/12/03/news/economy/november_jobs_report/index.htm
    3. I am in 9th place for the stock contest. Today a lot of my stocks are down, but overall i have $28,877.03 in profit. http://www.howthemarketworks.com/trading/account.php
    4. I want some clothes for Christmas.

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  28. It's really bad that so many people in Iowa and around the country are in debt and out of jobs.

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  29. A traffic administration proposed a new idea that would require all new vehicles to have rearview backup cameras in them by 2014.

    http://money.cnn.com/2010/12/03/autos/backup_cameras_nhtsa/index.htm

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  30. Wow Blake 13.8 trillion is a very large number. Its not a good deal.

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  31. Kayla--- That is a lot of money spent in 1 day. 1 billion dollars was spent on cyber monday.

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  32. 1. stocks retreat on friday. thursday night stocks drop and on friday slowly started to climb again.
    2.novembers job growth is far lower than expected and unemployment rose to 9.8%
    3.Obama wants to freeze federal workers pay. hes wants to try and chip way the nation's debt and save $60 billion in 10 years
    4.congress was taking a tax policy course and failed. still posturing over the bush tax cuts, the biggest tax issues, and they left it for last minute.
    money.cnn.com

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  33. 1.) There are few people applying for unemployment. People are starting to work more hours. The U.S. economy added 151,000 jobs in October.

    2.)Federal workers found out that President Obama wants to freeze their pay for two years. He called for the cuts to chip away at the nation's debt and save $60 billion over 10 years.

    3.) All of my stocks are down accept for 1 and that one stock is keeping me in fourth place.

    4.) One thing I want for christmas is a new tv a flat screen preferably.

    Sources: I used cnnmoney.com and howthemarketworks.com

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  34. Something really needs to be done about all the debt in Iowa cause if something isn't done about it, its just going to get worse and who knows what will happen if it gets worse. I just think its really scary seeing how many people in Iowa are in debt and some are worse then others.

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  35. 1. The military is not going to pass the dont ask dont tell law to let gays be free in the military.
    2. China is getting fed up with North Korea calling them ''spoiled child''.
    3. Fillmakers have created a movie that will actually put you to sleep.
    4. I want to have it snow on Christmas.

    Google.com

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  36. 1. im currently in 12th place, i was in the top 5 for a long time.
    2. NFL tickets are rising by 5% to keep up with the economy, because they are struggling to fill seats.
    3. GM & Ford are gaining recent sales, and now toyota is struggling, which before it was doing very well
    4. Johnson & Johnson company had to recall 12 million bottles of Mylanta- a stomach sickness medicine.
    CNNMoney.com

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  37. 1) Christmas Present = PS3

    2) Stock Market- My stocks are down today but I am in second place.

    3) The Nissan Leaf, which is a new all-electric car, can save you almost $900 a year in fueling costs
    CNN Money

    4) Google is negotiating the buy of a daily-deal website called Groupon. On Thursday, Amazon put a $175 million investment in in LivingSocial, Groupon's most successful competitor.
    CNN Money

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  38. Two Wisconsin Men are making their way into the snuggie market with full adult onsie fleece sweat shirts check it out http://www.msnbc.msn.com/id/40478917/ns/business-us_business/from/toolbar?gt1=43001

    Actor and singer Johannes Heesters is 106 years old and is just now giving up smoking for love. He wants to be around as long a possible for his 62 year old wife.

    http://www.msnbc.msn.com/id/40489483/ns/health-aging/?GT1=43001

    Study from the university of Florida says pollution can make birds Gay
    http://cosmiclog.msnbc.msn.com/_news/2010/12/02/5569683-study-says-pollution-makes-birds-gay?gt1=43001
    I cant wait for my familys love at christmas and celebrating Christ's birth

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  39. 1. Michelle Obama passed the "Obese Child" Act.
    2. I'm in 28th place in the stock market.
    3. Sarah Palin has a new show on TLC called "Sarah Palin's Alaska".

    - I want $1,000,000

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  40. http://money.cnn.com/2010/12/01/news/economy/federal_worker_pay_freeze/index.htm
    1. This article is about how President Obama is thinking about freeze Federal workers pay.
    http://money.cnn.com/2010/11/30/real_estate/CaseShiller_home_prices/index.htm
    2. This article is about how that U.S. home prices fell down 2%.
    3. For the stock market contest I am doing good. I am in 22nd place.
    4. One thing that I want for Christmas is a DSi

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  41. Josh a Ps3 sounds really exciting

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  42. I dont think that they should be able to up lift the Dont tell policy because i think that if they do and you can be openly gay in the military that it would make alot of people very uncomfortable with who they room with, and if they are going to do that then they should let men and women live together if two gay men can live together

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  43. 1. 53% percent of americans say tax cuts should only be for people making under $250,000 a year or less.

    2. Sara Palin's book is still second to George W. Bush.

    3. The unemployment rose to 9.8%. This is higher than expected.

    4. Toolbox for my truck

    5.Josh that new car wont save money cuz it will get stuck in snow

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  44. @ Travis You should get an adult onsie

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  45. 1. Walter energy buys Canadian coal company for $3.3 billion.
    2. Job data fails to alarm people, causing Wall St to dip.
    3. Jobless rate increases, but payrolls barely rise.
    4. I want to have a new XBox 360.

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  46. @ Ficken
    I agree.

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  47. 1.) I am in 20th place in the Stock market competition.
    2.) The United states is in debt of more than $13 trillion
    3.) In the year 2000 we were only in debt of more than $5 trillion
    4.) The state debt is about $1 trillion



    usdebtclock.org and howthemarketworks.com





    And commenting on tiffany's post about the economy adding jobs for the people without them... I think It is a good thing that they are adding so many jobs so that everybody can have one because everybody needs to be able to support themselves and their families.

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  48. 1. two friends are selling "forever lazy" . it is much like the snugies but has a hood and a few other differences. they have sold over 10,000 in the last year. http://www.msnbc.msn.com/id/40478917/ns/business-us_business/from/toolbar?gt1=43001
    2. congress passed a 15 day extention on federal funding. this is just a quick fix until a perminate solution is passed. http://money.cnn.com/2010/12/03/news/economy/budget_continuing_resolution/index.htm
    3. there are some funny mistakes that people make when they buy and sell stocks. http://www.dailyfinance.com/story/investing-basics/10-mistakes-investors-make/19740743/
    4. what i want for christmas is a bigger room

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  49. 1. The day before a temporary federal budget was set to expire, the Senate passed another 15-day funding bill.
    http://money.cnn.com/2010/12/03/news/economy/budget_continuing_resolution/index.htm
    2. Gold prices jumped back above $1,400 an ounce Friday as the U.S. dollar slid following a surprisingly weak report on the nation's job market.
    http://money.cnn.com/2010/12/03/markets/gold/index.htm

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  50. 1. November unemployment rate rose to 9.8%
    2. All investors make mistakes, people are trying to figure out how not to.
    3. Cries for changing federal reserves job description is growing.

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