BuyLow.com News

Consumer Expenditures

Mon, 12 Oct 2009 17:16:24 +0000

Average annual expenditures per consumer unit(1) rose 1.7 percent in 2008 following an increase of 2.6 percent in 2007, according to results from the Consumer Expenditure Survey (CE) released by the Bureau of Labor Statistics of the U.S. Department of Labor. The spending increase was less than the 3.8-percent increase in prices from 2007 to [...]

Obama Awarded Nobel Peace Prize?

Sat, 10 Oct 2009 13:42:27 +0000

by Michael S. Steele, Chairman, Republican National Committee I’m sure you’ve heard the news — Barack Obama has been awarded the Nobel Peace Prize. It’s a stunning, if not truly surprising, indication of just how meaningless a once honorable and respected award has become. What has President Obama actually accomplished? It is unfortunate that the president’s [...]

Somali Pirates

Thu, 08 Oct 2009 13:51:52 +0000

Though they have been getting less attention from the media, Somali pirates are still active. The latest attack was a mistake. Pirates tried to take over a French navy ship. “The pirates, who because of the darkness took the French ship for a commercial vessel, were on board two vessels and opened [...]

California Wild Fires

Mon, 05 Oct 2009 01:54:46 +0000

by InciWeb The Sheep Fire started near Sheep Canyon Road near Lytle Creek at about 2:11 pm on Saturday October 3, 2009. It burned northeast to Swarthout Canyon Road, then northwest up Lone Pine Canyon. It is currently burning near the top of Lone Pine Canyon near Wrightwood, CA. It has not crossed Hwy 138 at [...]

President Beats Up Banks Over Student Loans

Mon, 21 Sep 2009 20:00:57 +0000

The President is backing a bill that passed the U.S. House of Representatives. If passed, the bill would reduce banks’ and Sallie Mae’s part of the $92 billion university student loan business. Instead, the U.S. Education Department would run a new program. “Ending this unwarranted subsidy for the big banks is a no-brainer for [...]

Expect Millions Of Foreclosures

Wed, 09 Sep 2009 17:53:21 +0000

Washington, DC — The loan modification that was supposed to offered to homes going into foreclosure does not appear to be working. Michael Barr, assistant Treasury secretary for financial institutions, said, “The recent crisis in the housing sector has devastated families and communities across the country and is at the center of our financial [...]

The Cities On Flame

Thu, 03 Sep 2009 19:12:32 +0000

California has at least five major forest fires that are not under control. The largest is The Station Fire: Name: Station Fire County: Los Angeles County Location: Hwy 2, 1.5 miles north of USFS Angeles Crest Station Administrative Unit: Angeles National Forest Status/Notes: 144,743 acres - 38% contained Date Started: August 26, 2009 3:30 pm Last update: September 3, 2009 7:00 [...]

Statement From President Obama on Ted Kennedy

Wed, 26 Aug 2009 19:05:03 +0000

Michelle and I were heartbroken to learn this morning of the death of our dear friend, Senator Ted Kennedy. For five decades, virtually every major piece of legislation to advance the civil rights, health and economic well being of the American people bore his name and resulted from his efforts. I valued his wise counsel in the [...]

CIA Responds To Abuse Allegations

Tue, 25 Aug 2009 17:26:31 +0000

Statement to Employees by Director of the Central Intelligence Agency Leon E. Panetta on Release of Material on Past Detention Practices Today, as part of a number of Freedom of Information Act cases, the government is responding to court orders to release more documents related to the Agency’s past detention and interrogation of foreign terrorists. The [...]

Bernanke To Stay On As Fed Chairman

Tue, 25 Aug 2009 17:18:15 +0000

Statement by Chairman Ben S. Bernanke: Thank you, Mr. President. I would like to express my gratitude to President Obama for the confidence he has shown in me with this nomination and for his unwavering support for a strong and independent Federal Reserve. It has been a particular privilege for me to serve with extraordinary colleagues throughout the [...]