“New Company Policy: We Are Not Hiring Until Obama Is Gone.” Those words are plastered across every truck owned by U.S. Cranes LLC of Waco, Georgia — not as a threat but as a recognition of the fact that, as owner Bill Looman told ABC News, “overregulation and the cost of complying with federal mandates has [sic] caused many of his customers to shut their doors.” As a result, he has been forced to lay off three of his nine employees.
The Federal Reserve Bank committed some $7.77 trillion in funds to major Wall Street banks during the height of the 2008 financial crisis, according to a report published by Bloomberg News November 28 through a Freedom of Information Act request.
With the nation still deeply in debt and Americans struggling to make ends meet, residents in an Ohio valley are proving to the nation that perseverance and optimism are key ingredients to overcoming economic woes.
There was precious little good news in the latest employment report from the Bureau of Labor Statistics (BLS) for October. Employment rose by 80,000, less than economists expected, and much less than the 250,000 needed to begin to bring down the unemployment rate significantly.