The Sad Truth About Congress

The artificially engineered U.S. recovery is already starting to falter as a continuous procession of disappointing data continues to confirm the sad truth. Recent numbers on GDP, durable goods, housing, regional manufacturing, initial unemployment claims and leading economic indicators all indicate a sharp slowdown in GDP growth.

Paul Price submits: Amid all the hoopla about GM’s IPO last week was a feeling that somehow the bailout had ‘worked out well’ for taxpayers. Barron’s was nice enough to publish the truth about where we stand so far.

Submitted by Brandon Smith of Alt-Market blog,

With Gallup registering an all-time high in the percentage of people who say that their congressperson does not deserve to be reelected, it looks like we're headed for a massive wave of anti-incumbent destruction this November. Or does it? John Sides took the data from 1992 to 2008 and plotted a graph seeing whether that poll question predicts incumbent-reelection rates. Here's how it looks:

? From Mashable.com?s Top 10 Twitter Pics of the Week (2/25/2012) a photo from @NathansReality with this tweet: #NeverTellAGirl she is ugly, fat/overweight. This is what happens. This photo is sad and timely because this week (Feb 26 ? March 3) is National Eating Disorders Awareness week. ??With 11 million people battling eating disorders, this ...

HONOLULU (AP) -- Leaving behind a year of bruising legislative battles, President Barack Obama enters his fourth year in office having calculated that he no longer needs Congress to promote his agenda and may even benefit in his re-election campaign if lawmakers accomplish little in 2012....

BP PLC's U.S. chief faces accusations in Congress on Tuesday that the energy giant caused the worst oil spill in U.S. history with a calculated strategy to cut costs, hours before President Barack Obama uses a televised address to defend his handling of the disaster