Gard today will explore this incredible attack on private enterprise.
He'll also cover the FCC "permission" for XM and Sirrius to merge -- as long as they pay 19 million Dollars for "Compliance" fines. Nothing like freedom of contract, huh...
Oh, and here is some information on the new unemployment figures. Enjoy! (The piece does not mention that the unemployment claims numbers went up the fastest in three years)
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WASHINGTON (Thomson Financial) - The number of individuals filing new claims for unemployment insurance rose to its highest level in nearly four months, while the number of individuals continuing to file claims for unemployment fell slightly in the latest survey week, the Labor Department said today.
The number of first-time claims filed in the week ending July 19 rose by 34,000 to 406,000, the highest level since March 29. Economists polled by Thomson Reuters IFR Markets were expecting only 375,000 claims in the week.
Initial jobless claims have experienced a fair amount of volatility over the last few weeks due in large part to seasonal adjustment factors. The first two weeks in July are typically marked by high levels of unemployment claims related to annual retooling in the auto sector and other industries, Labor officials said.
Labor officials said they saw the full amount of claims expected in this period, but not exactly in the sequence they anticipated. Officials instead point to the four week moving average, which they say is a better indicator of labor market conditions in this report. In the latest week, the four week moving average rose by 4,500 to 382,500.

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