www.employmentcrossing.com The consumer confidence index, a measure of Americans confidence in the economy as reflected in their spending and saving, is plummeting, according to researchers. The Conference Board, the New York-based independent economic research organization that tracks the official confidence index, reports consumer confidence fell to 38 in October, down from 61.4 in September and significantly below analysts’ expectations of 52. That’s the lowest level for the index since the Conference Board began tracking consumer sentiment in 1967, and the third-steepest drop. A year ago, the index stood at 95.2. “Consumers are extremely pessimistic,” said Lynn Franco, director of the Conference Board’s Consumer Research Center. “This news does not bode well for retailers who are already bracing for what is shaping up to be a very challenging holiday season.” Lower gas prices may help improve consumers’ outlook; but with unemployment on the rise, that may not be enough to bolster consumer confidence.

www.employmentcrossing.com The consumer confidence index, a measure of Americans confidence in the economy as reflected in their spending and saving, is plummeting, according to researchers. The Conference Board, the New York-based independent economic research organization that tracks the official confidence index, reports consumer confidence fell to 38 in October, down from 61.4 in September and significantly below analysts' expectations of 52. That's the lowest level for the index since the Conference Board began tracking consumer sentiment in 1967, and the third-steepest drop. A year ago, the index stood at 95.2. "Consumers are extremely pessimistic," said Lynn Franco, director of the Conference Board's Consumer Research Center. "This news does not bode well for retailers who are already bracing for what is shaping up to be a very challenging holiday season." Lower gas prices may help improve consumers' outlook; but with unemployment on the rise, that may not be enough to bolster consumer confidence.

www.reuters.com WASHINGTON (Reuters) – The US Senate approved a 6 billion military spending bill on Saturday that funds the wars in Iraq and Afghanistan and also includes money to extend jobless aid and Medicare payment rates for two months. Barack Obama By a vote of 88-10, the Senate approved the bill and sent it to President Barack Obama to sign into law. The House of Representatives passed the bill on Wednesday. The bill covers Pentagon operations through September 30, 2010. But the …

www.reuters.com WASHINGTON (Reuters) – The US Senate approved a 6 billion military spending bill on Saturday that funds the wars in Iraq and Afghanistan and also includes money to extend jobless aid and Medicare payment rates for two months. Barack Obama By a vote of 88-10, the Senate approved the bill and sent it to President Barack Obama to sign into law. The House of Representatives passed the bill on Wednesday. The bill covers Pentagon operations through September 30, 2010. But the …

,[18] * A limit or repeal of the itemized deduction for medical expenses,[19] * A limit on the Qualified Medical Expense definition,[20] * An increase in the payroll taxes on students,[21] * An extension of the Medicare payroll tax to all state and local government employees,[22] * An increase in taxes on hospitals,[23] * An increase in the estate tax,[24] * A tax on drug companies,[27] * An increase in the corporate tax on providers of health insurance,[28] and * A 0000 deduction …

when his congressional allies seek to raise taxes to pay for all the new spending that this cost-cutting entails. We aren’t talking about short-term spending either; this isn’t a trillion-dollar investment in a new system that will ultimately save money. The Congressional Budget Office says the leading health-care-reform proposals will increase health-care spending and make the budget harder to balance in the long run. Yet saving money is the President’s principal stated rationale for …

liability requires a national debate about whether the scheme’s parameters – the age of eligibility, the link to the average wage and its universality – are affordable long term. It would have been more honest to flag the need for that debate. But the Budget is honest in recognising the limits to what a Government can do to offset the collapse in private sector demand which the recession has wrought. Households have been reining in their borrowing and spending for more than a year, and the …

billion a year, a drop in the bucket. A supply-side economist could have told him that not even these paltry revenues will be realized. Not to private savers. Americans are over their heads in debts. Not to foreigners. Thanks to Clinton/Bush financial deregulation and Wall Street and bankster greed, the rest of the world is in financial turmoil and hasnt .75 trillion in savings to lend. Possibly, the stock market will collapse further, and whatever remaining wealth Americans have will flow …

Party … Washington DC Tea Party protest Tax Day big government Barack Obama Congress Harry Reid Nancy Pelosi Democrat liberal far left radical extremist United States of America Barney Frank Chris Dodd anger revolt republic AIG bailout ACORN Fannie Mae Freddie Mac bonus stimulus porkulus pork barrel spending project mortgage subprime loan bank crisis increase raise economy job loss unemployment recession depression retirement savings wealth Rick Santelli CNBC taxed enough already New York …

For more info visit www.newsinfusion.com Long Beach, Calif. (April 23, 2009) – According to two new skin care surveys, women are not scaling back on their anti-aging skin routine, despite the current state of the economy. The Economic Impact on America’s Skin Care Habits, sponsored by Obagi Medical Products, Inc. (Nasdaq: OMPI), a leader in physician-dispensed topical aesthetic and therapeutic skin health systems, reported that many continue to spend their hard-earned money on favorite at …