Rebecca Smith owns a Tampa, Fla., construction-management firm that does a lot of work overseeing the building of schools and jails, and other projects for state and local governments.
But even though much of her firm's $80 million in annual revenue comes from contracts with government agencies, she says she was "disgusted" by President Obama's thesis that government had a significant role in her business achievements.
Obama's actual words, from a July 13 speech in Virginia, were:
Facebook reported slightly stronger than expected profits. For the second quarter, it reported a net loss of $157 million or 11 cents a share. But when it adjusted its earnings to remove stock compensation charges related to its IPO, Reuters reports, Facebook actually made 12 cents a share.
Y'know your local mall? The one you drive to whenever, or just as easily drive past? What would happen if you didn't have a choice — if you couldn't avoid going there? Would you walk right through without stopping and shopping? Or, a darker question: What if you could never get out?
The Justice Department inspector general has uncovered what he calls illegal hiring practices at the federal agency. In a new report he cites eight employees for trying to find jobs for their children and other relatives.