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“Wisconsin Democrats have fallen just narrowly short of an ambitious goal – the attempt to pick up three state Senate seats through recall elections and take a majority in the chamber. As of early Wednesday morning, with six incumbent Republicans on the ballot, Democrats have defeated two — but narrowly missed out in two others.”
“Senate Majority Leader Harry Reid (D-NV) has announced that Sens. John Kerry (D-MA), Patty Murray (D-WA), and Max Baucus (D-MT) will serve a new deficit Super Committee. Murray will be the Democrats’ top member.”
“TPM has been reporting for weeks about the effect of the debt debate on individual political leaders and the subsequently low ratings of Congress. But new data from a CNN poll shows that there’s been a difference in the minds of many Americans: the Democratic Party is getting a split on approval/disapproval at 47 – 47, but the Republican Party disapproval rating is all the way up to 59%, against a 33% approval.”
“Between a stalled recovery in the United States, a major debt crisis in Europe, fallout from the earthquake in Japan, a recent fuel price spike, and gridlock in Washington where legislators have reached consensus in favor of austerity measures, speculation had climbed over the last several days that the Federal Reserve would intervene by buying up a significant amount of assets, injecting money into the economy — a new round of so-called “Quantitative Easing”.
But in a statement after a regular meeting of the Fed’s Open Market Committee, the central bank decided to continue its current policies, with the caveat that they might start loosening those policies if things don’t improve quickly. “
Read More: S&P Director: GOP’s Balanced Budget Amendment Would Hurt America’s Creditworthiness
Read More: Oil Prices Plummet In Uncertain Market
Read More: Economic Turmoil Rattles Unsettled Housing Market
Read More: World Still Sees Value In U.S. Investments
“Americans For Prosperity, the Tea Party astroturf group “founded and funded by infamous GOP rainmakers Charles and David Koch, rolled into Jacksonville Tuesday, and only roughly 15 people showed up” to their “Running on Empty” tour. Florida director Slade O’Brien told Politijax the turnout was “shocking.” AFP’s tour is trying to convince Floridians to support increased offshore drilling in the wake of the BP disaster.”
GOP 2012 Presidential Candidates
Romney Irked By Democrats’ Prepared Attacks
Tim Pawlenty Polls Behind Thad McCotter in MI
VIDEO: At Rick Perry Rally, Tom DeLay Hopes For A Longer Government Shut Down Next Month
Santorum: Marriage Is Like Water, Not Beer
Despite Missing 40 Percent Of Votes, Bachmann Demands Obama Call Congress Back
Tim Pawlenty’s Extremely Weak Grasp Of Monetary Policy And International Finance
Bachmann’s ‘Must-Read’ List Included A Book That Claims Blacks Were ‘Better Off In Nearly Every Way’ Under Slavery
Obama Surges To Lead Against Generic Republican
“On July 9, Daily Show creator, former Air America host, and comedian Lizz Winstead hit the road for a stand-up tour benefitting Planned Parenthood. She took a break from the show and finishing work on her forthcoming memoir to talk to me about what she’s learned about support for reproductive rights from her audiences; why conservative comedians aren’t very funny; how we can back up Planned Parenthood workers; and her dream television show in the post-Bridesmaids boom for women in comedy”
“The Labor Department’s latest unemployment report offered a small sign of hope, with the nation’s jobless rate dipping to 9.1 percent in July. But the new numbers also showed that teen unemployment is still on the rise, now at 25 percent.
Across the country, 16- to 19-year-olds are facing the end of the third summer in a row of unemployment rates above 20 percent. Economists warn that if the trend continues, a generation of young people could face a bleak future in the workforce.”
“Last Thursday night, in circumstances that remain unclear, police shot dead Mark Duggan, a 29-year-old black man. The next day, a group of 200 protesters gathered outside the police station in London's Tottenham district, demanding an explanation. In the hours that followed, the peaceful protest somehow disintegrated.”
Read More: UK riots: Iran condemns police ‘violence’
“BEIJING (Reuters) – China launched its first aircraft carrier for a maiden run on Wednesday, a step likely to boost patriotic pride at home and jitters abroad about Beijing’s naval ambitions.”
“At the dawn of Western philosophy and science, some 2,700 years ago, Heraclitus, declared that, “the world bubbles forth.” There is, in this fragment of thought, a natural magic, a creativity beyond the entailing laws of modern physics. I believe Heraclitus was right about the evolution of the biosphere and human life. We live beyond entailing law in a natural magic we co-create”
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