Jobless rate soars to 6.1%

(Q) The unemployment rate soared to a nearly five-year high in August as employers trimmed jobs for the eighth straight month, the government reported Friday.

The unemployment rate rose to 6.1%, the highest level since September 2003. That's up from 5.7% in July and 4.7% a year ago.

In addition, the economy suffered a net loss of 84,000 jobs in August, according to the U.S. Department of Labor, compared to a revised reading of a 60,000 job loss in July.

The U.S. economy has lost 605,000 jobs so far this year.

The jobs report immediately drew comment from the presidential candidates as well as the Bush administration.
To read on Bounce 2 CNN Money

Maybe

Broken

Painful

Economic Disaster

The Celebrity Ad

McCain's: The One

Three Times

Better Off

Nevada...Nuclear Waste, Yucca Mountain

DHL in Ohio

Ralph Reed and Jack Abramoff

This is a Slam...

Solar Energy

In absorbing the dizzying series of foreign policy challenges facing this president and the next, one factor obviously stands out. Oil - the damage it does and the tyrants it enables - is the great enemy, from Georgia to Iraq. Finding a way to get ourselves off this stuff is the most urgent national security need we have. Which is why this progress on solar power is so encouraging:

At 800 megawatts total, the new plants will greatly exceed the scale of previous solar installations. The largest photovoltaic installation in the United States, 14 megawatts, is at Nellis Air Force Base in Nevada, using SunPower panels.

Spain has a 23-megawatt plant, and Germany is building one of 40 megawatts. A recently built plant that uses mirrors to concentrate sunlight, called Nevada Solar One, can produce 64 megawatts of power.

In absorbing the dizzying series of foreign policy challenges facing this president and the next, one factor obviously stands out. Oil - the damage it does and the tyrants it enables - is the great enemy, from Georgia to Iraq. Finding a way to get ourselves off this stuff is the most urgent national security need we have. Which is why this progress on solar power is so encouraging:

At 800 megawatts total, the new plants will greatly exceed the scale of previous solar installations. The largest photovoltaic installation in the United States, 14 megawatts, is at Nellis Air Force Base in Nevada, using SunPower panels.

Spain has a 23-megawatt plant, and Germany is building one of 40 megawatts. A recently built plant that uses mirrors to concentrate sunlight, called Nevada Solar One, can produce 64 megawatts of power.

Obama: Corsi, Unfit for Publication

“Corsi has penned a litany of bigoted, hateful comments– crossing the line so thoroughly that even the right-wing operatives behind Swift Boat Veterans for Truth disavowed him. This is a man who smears the Catholic Church, calls the Pope ’senile,’ and regularly demeans public servants in vile sexual and racial terms . . . In short, his record of attacks is disgusting and false, and so is this book.” (The Huffington Post, quoting Obama Response, Unfit For Publication)

U.S. Primary Energy Consumption, 2007

David Gergen on McCain's Ad

Markets Shaken by GDP

Positive v. Negative

Boston Globe:

The Wisconsin Advertising Project, which monitors campaign ad spending nationwide, reported yesterday that of the $48 million worth of ads the two campaigns have aired since Obama clinched the nomination in early June, 90 percent of Obama's ads have been positive and mostly about himself, while about one-third of McCain's commercials referred to Obama negatively.

And that was before this...