In a city full of conflicts of interest, this one ranks near the top of the "Most Blatant Ever." Robin Roy is a senior executive of Serious Materials, a California-based windows maker that was virtually unknown within its industry until last year when President Obama and Vice President Joe Biden began praising it as, in the latter's words, the "poster child of green industry."
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On Nov. 6, the unemployment rate jumped to 10.2 percent. The underemployment rate — including part-time workers who want full-time jobs and those who have simply quit looking for work — reached 17.5 percent.
How did Washington, D.C., react? The next day, the Democratic-controlled House passed a trillion-dollar increase in government disguised as a health care bill.
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Vice President Joe Biden's favorable rating has fallen to 42 percent in a new Gallup poll, down from a high of 59 percent just after last year's election. Biden's unfavorable rating in the new poll is 40 percent, up from 29 percent last November. (Eighteen percent of those surveyed say they have no opinion of Biden.)
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"Harry Reid abdicates his leadership role," reads the headline at the lefty Daily Kos Web site. "Why Joe Biden should resign," reads the headline at the Huffington Post. "Whiner in Chief," reads the headline at The Nation, referring to President Obama.
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If past is prologue - as it surely is - then we can expect discouraging unemployment numbers for at least another year and no official announcement from the National Bureau of Economic Research (NBER) that the recession ended this summer until 2011. That's according to Mark J. Perry, writing on Enterprise, the AEI blog.
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