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Friday, September 28, 2012

Economy On The Slide

Obama and his ilk will tell you this is - somehow - good news:
GDP report: Economic growth revised lower
By Annalyn Censky, CNNMoney

New York (CNNMoney) -- The U.S. economy grew even slower than initially reported in the second quarter, as both consumers and businesses spent less than originally thought, and the drought in the Midwest limited agricultural production.

Gross domestic product, the broadest measure of the nation's economic health, grew at an annual rate of 1.3% from April to June, the Commerce Department said Thursday, slower than the 1.7% rate the government last reported in August.

The downward revision came as a surprise to economists who were largely expecting the figure to remain unchanged. It also marked slower growth than in the first three months of the year, when GDP accelerated at a 2% annual rate.

"The 1.3% increase in GDP was the weakest since the third quarter of last year and one of the weakest seen since the recovery began three years ago," said Chris Williamson, chief economist for Markit. "The weakening was evident across businesses and consumers." [link]
Remember this when you go to the polls in November: If Obama is reelected, this is as good as it gets. For four ... more ... years ...

The Latest Poll Here In The Commonwealth

There's been a lot of talk about polls lately so I thought I'd run up the latest one released here in Virginia..

From "Suffolk University/NBC12 Poll: Decision Virginia remains a dead heat The race is not over yet":
We are getting a better idea of just how close the race for president is in the Commonwealth of Virginia.

NBC12 partnered with Suffolk University to conduct a poll on the election.

Most swing state polls show President Barack Obama opening up a sizable lead, but here in Virginia the race is a virtual tie. In Ohio, Florida and Colorado polls show President Obama taking control. But a new Suffolk University/ NBC12 poll shows that is not the case in Virginia.

In our poll President Obama is holding on to a slim 2 point lead. Roughly 7% of Virginia voters are still undecided and pollster David Paleologos believes the president still has work to do.

"I can tell you with a high degree of confidence this is a close race, this is not a landslide for Barack Obama," he said.

But the news for Mitt Romney is not all good.

Votes still like President Obama more than they do the republican nominee. More than 52% view Obama favorably, while only 42% feel that way about Romney. More voters have a negative opinion of Romney than a positive one.

According to Paleogolos, being liked has never been the president's problem. [link]
Obama is up by two. Looks like Romney has him right where he wants him.

Griffith Garners NRA Endorsement

This should come as no surprise as his opponent seems to have no opinion whatsoever on the subject, and went out of his way to alienate one of the most powerful lobbying groups in America.

From a press release:
Morgan Griffith Endorsed by the National Rifle Association

Chrsitiansburg, VA - The campaign of Congressman Morgan Griffith was endorsed today by the National Rifle Association, who gave Congressman Griffith an A+ rating for his commitment to defending the rights of gun owners across Southwest Virginia.

"I am proud to receive this endorsement, and proud to stand up for the rights of gun owners all across Southwest Virginia," said Congressman Griffith. "I have always been committed to the Second Amendment, an individual's right to bear arms and Virginia's rich hunting heritage."

Griffith is running for re-election to Congress in Virginia's 9th District, which stretches from the Alleghany Highlands to Martinsville down to Lee County, Virginia.

"Our region has always believed in traditional values and had a strong gun heritage," said Congressman Griffith. "I will continue to protect these values as a member of Congress."

Griffith has an opponent in this year's election, Democrat Anthony Flaccavento. The National Rifle Association says that Mr. Flaccavento's failure to answer their federal questionnaire should be seen as "a sign of indifference or outright hostility to the rights of gun owners and sportsmen."
Since Flaccavento's originally from New York, I'm going with hostility.

Maybe someone out there knows where Flaccavento stands on the 2nd Amendment?

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