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CNN Political Producer: 'We Know There Are a Lot of Businesses Who Have Been on a Hiring Streak'
Newsbusters ^ | 7/19/11 | Mike Bates

Posted on 07/19/2011 4:19:02 PM PDT by Nachum

Today on the 2:00 pm segment of CNN Newsroom, anchor Randi Kaye spoke with CNN political producer Shannon Travis about criticism directed at President Barack Obama:

TRAVIS: Yes, really, really quickly, billionaire Steve Wynn, you've seen his resorts all over Las Vegas. He's blasting President Obama. I'm going to read this quote from a call, an earnings call yesterday. Quote, "I'm saying it bluntly that this administration is the greatest wet blanket to business and progress and job creation in my lifetime". Those are from Steve Wynn.

We know there are a lot of businesses who have been on a hiring streak, Randi, but this is what Steve Wynn, billionaire real estate mogul in Las Vegas thinks about the Obama administration.

What hiring streak is Travis talking about? CNN Money.com reported last week that initial unemployment claims remained above the 400,000 mark for the 14th straight week. The Bureau of Labor Statistics noted in its June, 2011 report that there are now 14.1 million Americans out of work. The same agency pegged that number at 11.6 for January, 2009, the month Barack Obama took office.

(Excerpt) Read more at newsbusters.org ...


TOPICS: News/Current Events
KEYWORDS: businesses; cnn; political; producer

1 posted on 07/19/2011 4:19:10 PM PDT by Nachum
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To: Nachum
What hiring streak is Travis talking about?

McJobs?

2 posted on 07/19/2011 4:21:46 PM PDT by TwelveOfTwenty (Compassionate Conservatism? Promoting self reliance is compassionate. Promoting dependency is not.)
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To: Nachum

“Steve Wynn”

Ever thought about changing your name like that?


3 posted on 07/19/2011 4:22:23 PM PDT by Christian Engineer Mass (25ish Cambridge MA grad student. Many conservative Christians my age out there? __ Click my name)
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To: Nachum

But the evil Murdoch media empire keeps supressing this information.

Either that or they’re counting the federal government as a “business.”


4 posted on 07/19/2011 4:24:09 PM PDT by denydenydeny (Rage all you want, looters & moochers, but the gods of the copybook headings are your masters now.)
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To: Nachum

My daughter is a teacher in a middling paying public district.

Their one teaching opening just drew 400 resumes.


5 posted on 07/19/2011 4:25:53 PM PDT by nascarnation
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To: Nachum
True! Bankruptcy attorneys must be doing GREAT!

My cousin, the psychiatrist, tells me he's NEVER been busier!

6 posted on 07/19/2011 4:29:04 PM PDT by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Nachum

http://www.digitaltrends.com/computing/cisco-preparing-for-massive-layoffs/

Networking giant Cisco is expected to cut thousands of jobs as the company tries to slash its operating expenses by more than $1 billion.

http://finance.yahoo.com/news/Borders-unable-to-find-white-rb-3241349004.html?x=0

NEW YORK (Reuters) - Borders Group Inc, the second-largest U.S. bookstore chain, said it has canceled an upcoming bankruptcy auction and will close its doors for good.

Borders’ roughly 400 remaining stores will close, and nearly 11,000 jobs will be lost, according to the company.


7 posted on 07/19/2011 4:29:18 PM PDT by digger48
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To: digger48

Isn’t 400,000 plus unemployment set a record for the most ever in history?


8 posted on 07/19/2011 4:34:47 PM PDT by scooby321
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To: Nachum

I know the company I work for is hiring, but I think part of that might be due to cost-cutting measures by the companies we contract with. It’s sometimes cheaper to contract out certain jobs than to keep them in-house.

( http://www.alpineaccess.com if anybody’s interested)


9 posted on 07/19/2011 4:35:42 PM PDT by Ellendra (God feeds the birds of the air, but he doesn't throw it in their nests.)
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To: Nachum

Travis must be referring to those 18,000 jobs created last month.....yeah, that’s a streak alright... =.=


10 posted on 07/19/2011 4:38:07 PM PDT by cranked
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To: Nachum

She’s right, there are a lot of businesses on a hiring streak.

In Canada.


11 posted on 07/19/2011 4:40:40 PM PDT by Squawk 8888 (Tories in- mission accomplished)
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To: TwelveOfTwenty

McJobs?
///
good point. maybe he does know a lot of businesses that are hiring. especially ones that got an exemption from Obamacare, like McDonalds.
or ones that pay zero taxes, like GE and MSNBC.


12 posted on 07/19/2011 4:42:05 PM PDT by Elendur (the hope and change i need: Sarah / Colonel West in 2012)
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To: digger48

Lockheed announced some ‘voluntary’ layoffs today,i believe 6500. Defense spending seems sure to be cut and that will be who knows how many more cuts.


13 posted on 07/19/2011 4:42:37 PM PDT by wiggen (The teacher card. When the racism card just won't work.)
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To: Elendur

Phrases not seen / heard in the MSM since 2008:

McJobs
Homeless problem
Recovery for Wall $treet but not Main Street


14 posted on 07/19/2011 4:45:50 PM PDT by nascarnation
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To: Nachum

“No really....Obama said so himself.....2 million jobs!”


15 posted on 07/19/2011 4:46:05 PM PDT by Huskrrrr
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To: Nachum

The amount of free PR, cover and propaganda the Communists, and most especially the RaceMarxist failure, receive 24/7 from the MSM:

Is it worth billions, or trillions of dollars?


16 posted on 07/19/2011 4:51:47 PM PDT by EyeGuy (2012: When the Levee Breaks)
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To: TwelveOfTwenty

Repo men, foreclosure agents, moving companies, tax collectors...


17 posted on 07/19/2011 4:53:52 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Spktyr

Process servers. Autioneers.


18 posted on 07/19/2011 5:00:00 PM PDT by screaminsunshine (Socialism...Easier said than done.)
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To: All

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19 posted on 07/19/2011 5:01:03 PM PDT by DeoVindiceSicSemperTyrannis (Want to make $$$? It's easy! Use FR as a platform to pimp your blog for hits!!!)
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To: Nachum

It’s true Randy, we’ve been hiring like craaazy,
only thing is they’ve all been secret hires, we
don’t even tell the ones we hire about it and we won’t till the economy improves.


20 posted on 07/19/2011 5:05:13 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: screaminsunshine

Social workers and food bank employees.


21 posted on 07/19/2011 5:10:04 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Nachum

panhandlers


22 posted on 07/19/2011 5:16:37 PM PDT by crosshairs (Peace through superior firepower.)
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To: Nachum

Come on there are zillions of shovel ready jobs, but we have a shortage of shovels!


23 posted on 07/19/2011 5:17:49 PM PDT by JohnD9207 (John McCain is a proud Ted Kennedy conservative!)
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To: Nachum

I have a relative who is commercial real estate appraiser in the Tampa Bay area. He says business has never been better because of the massive amount of foreclosures needing appraisals.


24 posted on 07/19/2011 5:18:33 PM PDT by Montanabound
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To: Nachum

Engineers in Silicon Valley. Many companies are rewarding employees $10k for every new employee they bring on board. Most companies here simply cannot find the technical talent they need. Google earnings are high and they are adding like crazy. Ditto for Facebook and LinkedIn. They are sucking up all the talent and the shortages are spilling over to every other company in the valley.


25 posted on 07/19/2011 5:35:45 PM PDT by ProtectOurFreedom
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To: Nachum
It ain't no joke, if you don't get out and vote! ------------------------------------------------ Image and video hosting by TinyPic --------------------------------------------- I hear that these guys are busier than ever.
26 posted on 07/19/2011 5:38:01 PM PDT by festusbanjo (When they stop listening to us at the ballot box, it's time for the ammo box.)
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To: Nachum
What hiring streak is Travis talking about?

Any job covered by the SEIU:


27 posted on 07/19/2011 5:42:23 PM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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To: TwelveOfTwenty
What hiring streak is Travis talking about?

"Look out Ethel!

CNN must have confused the line at the unemployment office with the TSA checkpoint at the airport. ;)

28 posted on 07/19/2011 6:01:30 PM PDT by anymouse (God didn't write this sitcom we call life, he's just the critic.)
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To: wiggen

And that’s just the beginning...there’s been talk this week of another 4400 billion in defense cuts, on top of the $400 billion already planned. Meanwhile Bawnee Fwank and his buddies in Congress are pushing for $1 trillion.

Sadly, I’d put the final nnumber closer to Frank’s target. Obama will gut defense to the bone to preserve his beloved domestic spending, and some of the proposals are frightening when you consider their impact on defense spending.

Here are some of the proposals making the rounds: How about removing the Navy and Marine Corps from the JSF program, so only the Air Force winds up with the F-35. Sure, those Marine Harriers can soldier on for another 30 years.

Or how about moth-balling 3-4 Navy carriers, along with a comparable number of support vessels. By the end of this decade, China’s Navy won’t be far behind us in the number of operational carriers.

The coming defense cuts will make the “Hollow Force” of the 1970s look like a defense build-up.


29 posted on 07/19/2011 6:13:01 PM PDT by ExNewsExSpook
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To: Ellendra
I am in a tech service business. We have so many customers we're beating them away with a stick.

Businesses are shedding their IT employees and hiring it out to us.

We're hiring lightly...but way below customer demand. Engineers are regularly logging 50hrs/week.

Companies don't want employees anymore. They cost too much.

Blame Obama.

30 posted on 07/19/2011 6:15:11 PM PDT by Mariner (War Criminal #18)
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To: Nachum

31 posted on 07/19/2011 7:39:21 PM PDT by NoLibZone (Obama is our Gadafi. Let's roll.)
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