Obama pushes Congress to help states hire teachers

(AP) Obama pushes Congress to help states hire teachers
WASHINGTON
President Barack Obama wants Congress to help states rehire teachers and act on a key part of last year's jobs bill. He says the last thing the U.S. needs is to have fewer teachers in our schools.

Obama says in his radio and Internet address Saturday that many states have been squeezed by the economic recession and have been forced to lay off teachers _ about 250,000 across the nation.

Obama says Congress needs to act on part of last year's jobs bill that would prevent more layoffs and rehire more teachers who lost their jobs.

Republicans say Obama's policies stand in the way of a stronger economy. Minnesota congressman Erik Paulsen says House Republicans will push plans to boost domestic energy production and stop tax increases on small businesses.

____

Online:

Obama address: www.whitehouse.gov

GOP address: http://www.youtube.com/HouseConference

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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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