The Obama administration announced the suspension or cancellation of millions of dollars in military aid to Pakistan. This comes as questions regarding the support of Pakistan’s government in the War on Terror remains unanswered. It is not clear if the money, meant to combat terrorists and extremist insurgents is actually being used for that purpose. [...]
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U.S. Suspends $ 800 Million in Military Aid to Pakistan
July 10th, 2011 
Alexander Glaser 
Posted in Asian Economic News 
Tags: asian economy 2011, asian economy wiki, bill daley obama, bill daley wiki, is pakistan an ally, military aid to pakistan 2011, obama 2011 wiki, obama pakistan, obama wiki, pakistan u.s. relations 2011, pakistani relationship united stated wiki, war on terror economics, war on terror economics wiki 
1 Comment »Senate Democrats Draft Debt Plan
July 10th, 2011 Alexander Glaser After weeks of discussion amongst inter party officials and debate between parties, the Senate Democrats finally put together a U.S. Debt deal plan. It outlines $4 trillion in projected borrowing cuts over the next 10 years, however avoids the programs targeted by Obama. As an alternative to cuts in these programs, they have instead [...]
Posted in United States Economic News Tags: debt tax increases, john boehner wiki, obama debt, obama deficit spending, obama wiki, u.s economy wiki, u.s. debt crisis 2011, u.s. debt deal, u.s. deficit 2011, u.s. economy, U.S. economy 2011, united states debt, US economy, us economy 2011, us economy wiki No Comments »Obama May Use 14th Amendment to Prevent Default
July 9th, 2011 Alexander Glaser With the deadline looming for lawmakers to come together in agreement in making a U.S. Debt Deal to raise the debt ceiling beyond the current $14.29 trillion limit. Since the U.S. government reached this limit back in May, the U.S. Treasury has had to take special measures to continue paying its debts. Without the [...]
Posted in United States Economic News Tags: 14th amendment debt, 14th amendment geithner, 14th amendment Obama, 14th amendment validity of the public debt of the united states, deficit debt deal, Obama 2011, obama 2012, obama reelction, obama wiki, raise the debt ceiling constitutional, raise the debt ceiling deficit, Timothy Geithner treasury, Timothy Geithner wiki, u.s economy wiki, u.s. debt deal, u.s. debt deal 2011, u.s. debt deal wiki, u.s. economy, U.S. economy 2011, US economy, us economy 2011, us economy wiki No Comments »Obama Unemployment Numbers
July 8th, 2011 Alexander Glaser Obama’s Senior Adviser David Plouffe made comments earlier this week that have begun to spark criticism. With another poor job report showing for the administration that made the economy are number one issue in its 2008 campaign, he said, “The average American does not view the economy through the prism of GDP or unemployment rates [...]
Posted in United States Economic News Tags: david plouffe economy, david plouffe wiki, jay carney economy, jay carney wiki, obama 2012 wiki, obama economy 2011, obama reelection, Obama unemployment, obama wiki, u.s economy wiki, u.s. economy, U.S. economy 2011, u.s. unemployment 2011, US economy, us economy 2011, us economy wiki, us unemployment No Comments »Debt Deal Continues As Deadline Approaches
July 7th, 2011 Alexander Glaser Congressional leaders and Obama continued talks today over the heavily debated Debt Plan, whose goal is to drastically reduce the deficit and raise the debt ceiling. The underlying problems in reaching a deal thus far is a disagreement in how to reduce the deficit. Republican lawmakers desire to have large cuts in spending, reform of [...]
Posted in United States Economic News Tags: boehner wiki, debate to raise debt ceiling, debt deal 2011, deficit deal 2011, democrats taxes, obama wiki, reform tax code 2011, republicans taxes, tax code wiki, taxes 2011, u.s economy wiki, u.s. default, U.S. economy 2011, US economy, us economy 2011, us economy wiki, will the united stated default No Comments »
