The Obama administration, writes the New York Times, has done just about everything in its power to prop up the sagging housing market, but all of its attempts have failed.

unemploymentThe U.S. Bureau of Labor Statistics (BLS) reported that the unemployment rate in the United States increased to 9.6 percent during the month of August. The BLS press release may have been tweaked by politicians, as it read that the “unemployment rate was about unchanged at 9.6 percent.” By “about unchanged,” the bureaucrats at the BLS should have written “increased from 9.5 to 9.6 percent.”

“Surprise! Banks help more homeowners than Obama” is the headline of an August 30 CNN Money report.

In a major restructuring of its operations, USA Today, published by Gannet Co., Inc., has announced that it will lay off 130 employees in an effort to reorient itself and publish more content in digital form, as opposed to print.

eggsGovernment is the only institution whose power and budget grow when it fails. A crisis, real or perceived, is considered an “opportunity” for government to expand, as President Obama’s Chief of Staff, Rahm Emanuel, reminded Americans shortly after Obama won the 2008 presidential election.