Free Republic

CNBC just broke in and told the audience that the President has requested airtime and will speak to the nation at 1300hrs EST (12 noon central, 10 AM PST) on the US national debt downgrade.Developing...

WASHINGTON (MarketWatch) -- Job growth decelerated sharply in May, the Labor Department said Friday. Total nonfarm payrolls increased by 54,000, much lower than the 125,000 gain expected by Wall Street economists. This is the smallest increase in nonfarm payroll since September. The unemployment rate ticked higher 9.1% in May from 9.0% in the previous month.

INDIANAPOLIS – Refocusing on the nation's economic struggles, President Barack Obama welcomed news Friday that the economy unexpectedly added more than 200,000 jobs last month. "We are regaining our footing," he said. The president spoke during a visit to a transmission plant in Indianapolis, even as the killing of Osama bin Laden continued to dominate headlines and much of the president's time. From Indianapolis he was to travel to Fort Campbell, Ky., to thank the Navy SEALs who stormed bin Laden's compound in Pakistan and shot him dead, and the helicopter operators who got them there. But first, at Allison...

After two years of Obama ... Here's your change! January 2009 TODAY % chg Source Avg.. Retail price/gallon gas in U.S. $1.83 $3.44 84% 1 Crude oil, European Brent (barrel) $43..48 $99..02 127.7% 2 Crude oil, West TX Inter. (barrel) $38..74 $91..38 135.9% 2 Gold: London (per troy oz.) $853.25 $1,369.50 60.5% 2 Corn, No.2 yellow, Central IL $3.56 $6.33 78.1% 2 Soybeans, No. 1 yellow, IL $9.66 $13..75 42.3% 2 Sugar, cane, raw, world, lb. Fob $13..37 $35..39 164.7% 2 Unemployment rate, non-farm, overall 7.6% 9.4% 23.7% 3 Unemployment rate, blacks 12.6% 15.8% 25.4% 3 Number of unemployed 11,616,000...

~ EXCERPT ~ David Beamer, father of 9/11 victim Todd Beamer on FOX News: "I feel some chagrin now, though, about how the rest of it has been handled. And frankly it started May Day, 2011 when the president announced what had happened. The excessive use of the personal pronoun that he used in his remarks, I really felt that was the beginning of the Commander-in-Chief putting too much spotlight on himself, taking too much credit for what the remarkable Americans had done.