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Tuesday
Nov222011

Poll: 60 Percent Have No Opinion Of Occupy Movement

By Andrea Salazar

A new survey shows that six out of ten Americans are indifferent about the 2-month-old Occupy movement that has spread to cities around the country after protesters “occupied” Wall Street.

According to a USA Today/Gallup Poll, 56 percent of the 996 adults surveyed don’t know enough about the movement to take a stance for or against it. The poll has a margin of error of +/-4 percent.

The poll also found that the percentage of Americans who disapprove of the way the movement has been conducted has increased from 20 percent in October to 31 percent in November.

In recent days, Occupy protests have clashed with police - most notably at the University of California-Davis campus where police pepper sprayed protesters Friday.

In an attempt to urge Congress to allow the Bush tax cuts expire, protesters from Occupy Wall Street will arrive in Washington, D.C. Wednesday after a 2-week march from Manhattan.

Tuesday
Nov222011

Boehner: Don't Blame Me

House Speaker John Boehner (R-Ohio) wrote Monday night that he “did everything possible to support the Joint Select Committee on Deficit Reduction.”

He said, however, that President Obama and congressional Democrats were to blame for the ‘super committee’s’ failure.

“President Obama and Washington Democrats insisted on dramatic tax hikes on American job creators, which would make our economy worse.”

Boehner said Republicans made a valiant effort to move away from their conservative base by supporting increased tax revenue.

“Not everyone in our party was happy we offered this tax reform, but Republicans put forth good-faith offers that would address Democrats’ demands for more revenue. Democrats, unfortunately, refused to offer anything they didn’t previously support — insisting on a trillion dollar tax hike on job creators and nearly a trillion dollars in new “stimulus” spending.”

Monday
Nov212011

Obama Announces New Sanctions Against Iran

President Obama released the following statement on Monday:

“Today, my Administration has taken yet another step to further isolate and penalize Iran for its refusal to live up to its international obligations regarding its nuclear program.  For years, the Iranian government has failed to abide by its obligations under the Nuclear Non-Proliferation Treaty. It has violated repeated UN Security Council resolutions, as well as its commitments to the International Atomic Energy Agency.  In the face of this intransigence, the world has spoken with one voice —at the IAEA, at the UN, and in capitals - making it clear that Iranian actions jeopardize international peace and stability, and will only further isolate the Iranian regime.”

“Today, my Administration has taken action to impose an additional cost on Iran for its actions.  New sanctions target for the first time Iran’s petrochemical sector, prohibiting the provision of goods, services, and technology to this sector and authorizing penalties against any person or entity that engages in such activity. They expand energy sanctions, making it more difficult for Iran to operate, maintain, and modernize its oil and gas sector. They also designate 11 individuals and entities for their role in assisting Iran’s prohibited nuclear programs, including its enrichment and heavy water programs.  And today we have taken the next significant step to escalate the pressure by acting under Section 311 of the USA PATRIOT Act, identifying for the first time, the entire Iranian banking sector – including the Central Bank of Iran – as a threat to governments or financial institutions that do business with Iranian banks.  We are joined in this action by the United Kingdom and Canada, who have also acted to cut off Iran from their financial systems today.  I welcome these steps and encourage all of our partners to do the same.”

“As President one of my highest national security priorities is to prevent the spread of nuclear weapons, including to the Iranian government. Since taking office, I have made it clear that the United States is prepared to begin a new chapter with the Islamic Republic of Iran, offering the Iranian government a clear choice.  It can fulfill its international obligations and reap the benefits of greater economic and political integration with countries around the world, or it can continue to defy its responsibilities and face even more pressure and isolation.  Iran has chosen the path of international isolation.  As long as Iran continues down this dangerous path, the United States will continue to find ways, both in concert with our partners and through our own actions to isolate and increase the pressure upon the Iranian regime.”

Monday
Nov212011

Today's Market Roundup

U.S Stocks:

The holiday week kicked off with U.S stocks on a downward spiral as the debt crisis here in the US and in Europe lingers. The Dow Jones was down 263 points. The Standard & Poor’s 500-stock index fell 24 points and Nasdaq shed 52 points.

Super Committee:

There’s more finger pointing and name calling between Republicans and Democrats as the Super Committee gets set to fail in its quest to reach a deficit deal by Thursday. The political friction is causing the stock market to take a nose dive as the possibility of another credit downgrade looms.

Black Friday Fast Approaching:

With Black Friday only days away, retailers are gearing up for what they hope will be a huge customer turn out; but with the increasing popularity of online shoping, retailers may have major completion. Amazon.com has already kicked the week off with good deals. Big retailers like Macy’s, Target, Best Buy and Kohl’s will open at midnight on Thursday. Walmart, however, hopes to beat them all to the punch with their Black Friday deals starting at 10 pm that evening.

Monday
Nov212011

Poll: Gingrich New Frontrunner In GOP Presidential Race

Former House Speaker Newt Gingrich has risen to the top of the GOP presidential field just weeks before the first primary.  

According to a new CNN/ORC International Poll, Gingrich leads former Massachusetts Governor Mitt Romney by a 4 percentage point margin, 24-to-20.

Gingrich’s status as a top tier candidate can, perhaps, be credited to the onslaught of sexual harassment allegations former front runner and pizza mogul Herman Cain was faced with in recent weeks. Or, it could very well be a handout by Texas Governor Rick Perry following a nationally televised gaffe when he failed to remember the third government agency he planned to nix if elected president. 

Regardless, Gingrich has accomplished a one month turnaround that has made him the sixth candidate to top nationwide polls. No more than a month ago, Gingrich found himself trailing Cain, Romney and Perry.  

The poll was conducted from November 18-20, with 1,019 adults, 402 of whom were Republican leaning voters. 

Click Here to see the full results…