Daily Political Wire

George Wenschhof

Median Family Net Worth Dropped 40% from 2007 to 2010 - the Federal Reserve report will add to the argument as to whether Republicans or Democrats have the best policy to get the country moving again.  The Washington Post has more here.

Net worth, is defined by value of home, stocks, and savings; all of which took a beating during the recession.  Nonetheless, this becomes a strong campaign issue relating to the standard bearer question to voters "Are you better off than four years ago"?

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Obama To Give Major Economic Speech Today - in Cleveland, the president is expected to once again blame Republicans for the economic problems facing the country today and warning that Romney, if elected, would result in the same failed policies that got the country in the problems it is facing today.  You can read more here.

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Boehner Responds To Obama's Planned Speech Today - Republican House Speaker John Boehner, in a video released today, asks why the President has not urged Senate Democrats to pass the numerous jobs bills passed by the House.



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Americans Still Blame Bush For Economy - a Gallup poll shows 68% of Americans still blame former President George W. Bush for the economic problems gripping the country.  Gallup.com has more here.

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Edwards Case Dismissed - yesterday, the Department of Justice announced it would not retry John Edwards on charges he illegally spent campaign finances to conceal his affair with Rielle Hunter.  This declaration follows the jury finding John Edwards not guilty on one charge and announcing they were deadlocked on the other charges.  TPM.com has more here.

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Court Ruling in Egypt Will Impact Election - The high court in Egypt ruled that Ahmed Shafik, who was a military officer under the Mubarak regime, was eligible to run for President.  A ruling that is sure to anger voters prior to the upcoming elections.

The court also ruled 1/3 of the pariamentary seats in the last election were void.  A ruling that will likely result in a new election.  Reuters.com has more here.

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