By: Garance Burke

August 27, 2010--Associate Press

FRESNO, Calif. — Vice President Joe Biden said this week that the Obama administration "hit the accelerator" toward spending $5 billion under the economic stimulus law to weatherize people's homes, create thousands of jobs, help consumers save money and put the nation on track for energy independence.

Yet the weatherization program the vice president highlighted in his visit Thursday to New Hampshire is widely considered among the least organized spending projects under the $814 billion economic stimulus law and has regularly been targeted for criticism of its slow progress by auditors and outsiders. Biden didn't hint much at its troubles.

Nearly 18 months since it started, the stimulus weatherization program has experienced spending delays, inefficiencies and mismanagement. In Biden's home state of Delaware, the entire program has been suspended since May, and last month federal auditors identified possible fraud.

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EDITOR'S NOTE — An occasional look behind the rhetoric of public officials.

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Steve Pearce would like to work for us in Washington to get us back to work. The policies of the past two years have resulted in lost jobs, a declining economy, and trillions of dollars of new government debt.

We can't afford to keep Harry Teague in office.

Please take a moment to browse this website and learn about what Steve Pearce will do for you and your family.

By: Declan McCullagh

August 24, 2010--CNET News

ASPEN, Colo.--Intel Chief Executive Officer Paul Otellini offered a depressing set of observations about the economy and the Obama administration Monday evening, coupled with a dark commentary on the future of the technology industry if nothing changes.

Otellini's remarks during dinner at the Technology Policy Institute's Aspen Forum here amounted to a warning to the administration officials and assorted Capitol Hill aides in the audience: unless government policies are altered, he predicted, "the next big thing will not be invented here. Jobs will not be created here."

The U.S. legal environment has become so hostile to business, Otellini said, that there is likely to be "an inevitable erosion and shift of wealth, much like we're seeing today in Europe--this is the bitter truth."

Not long ago, Otellini said, "our research centers were without peer. No country was more attractive for start-up capital...We seemed a generation ahead of the rest of the world in information technology. That simply is no longer the case."

 Americans in 73% Majority Oppose Deepwater Drilling Ban

 By Kim Chipman 

Jul 14, 2010

Press Release

July 13, 2010

 Teague and Democrats in Washington Fail to Lead on Creating Jobs

HOBBS, NM – As Congress fails to pass a budget and unemployment reports continue to show that New Mexican families are still struggling, it is clear that Teague and his fellow Democrats are failing to lead the country towards an economic recovery.  Washington Democrats have recently been promising a “recovery summer” but economic indicators continue to show otherwise.

 Steve Pearce offers the plan to get New Mexico working again:

 By: Administrator

If Harry Teague’s Cap and Trade legislation passes the senate, millions of jobs would be lost. This recent analysis from the Institute for Energy Research  http://www.instituteforenergyresearch.org/wp-content/uploads/2010/06/KL-APA-Final-Study.pdf  estimates that the most recent Kerry-Lieberman cap and tax scheme would reduce U.S. employment by approximately 522,000 jobs in 2010, rising to over 5.1 million jobs by 2050. 

By: Louis Woodhill

Whether or not the National Bureau of Economic Research ultimately agrees, we are now entering the second dip of a double-dip recession.This is because jobs are what really matter to most Americans, and the employment situation is getting worse, after a scant four months of getting better.

From a theoretical point of view, another recession is what we should expect right now. This is because both GDP and employment are driven by private business investment, and huge tax increases on both business income and capital investment are now only six months away. However, the oncoming recession is also visible in the numbers.

By: Administrator 

 BP should bear the cost of cleanup but the regulatory uncertainty is costing jobs.

 Administration’s Moratorium Sending Rigs and Gulf of Mexico Jobs Overseas 

 The July 2^nd Oil Daily reports: “Regulatory uncertainty and permitting delays have led at least two shallow-water exploration firms to draw up alternative plans for rigs previously slated to work in the Gulf of Mexico—the first  such casualties announced publicly since the government halted drilling in May.”

“Apache and McMoran are looking to move [two rigs] out of the Gulf to other international markets.”

 When these rigs move it could be years to get the jobs back.

Link here to original Business Roundtable Story:

http://www.peopleforpearce.com/content/business-roundtable-slams-obama

By Steve Pearce:

Yesterday the CEO of Verizon Communications Inc, Ivan Seidenberg, who also heads the Business Roundtable slammed the Obama administration for decisions that “create an increasingly hostile environment for investment and job creation.”  It was the first time this influential group of chief executives of the nation’s largest companies has publicly criticized the administration’s policies.

Business investment is the only way the economy expands and new jobs are created.  When the government taxes more, less capital is left to create jobs.  Some describe this as the “trickle down” effect.  Nothing could be further from the truth.  The free market that made this country’s standard of living the best in the world is a Capitalist economy.  Capital is the key component of Capitalism.  When capital is available to companies they create new jobs.  Taxes take away cash from the companies so job growth slows when taxes go up.