Sen. Bill Nelson Calls Biden For Fundraising Support

Sen. Bill Nelson has begun fundraising with Vice president, Joe Biden.

The first fundraiser is scheduled midday at the lakeside Winter Park home of developer Alan Ginsburg, a philanthropist and frequent contributor to political campaigns (both Democrat and Republican). He gave $4,600 to then-candidate Barack Obama in 2007 and $2,300 to Obama's Republican rival, U.S.Sen. John McCain, in 2008. He also supported former U.S. Rep. Suzanne Kosmas, D-New Smyrna Beach, in 2010 and is a past contributor to U.S. Rep. John Mica, R-Winter Park.

Obama Takes Caution with Concerns For Libya

The Obama Administration is making very cautious and careful moves in trying to help settle the issue in Libya. In Libya, there is a dispute between the Libyan government and the the rebel forces.

This reticence has placed the U.S. in the position of doing little more than old-fashioned saber-rattling, intended to show the Kadafi government that Washington still could take military action, and perhaps to convince the world that the White House is not ignoring the violence in Libya. The Pentagon has moved two ships near Libya, and on Monday NATO increased the number of flights by its AWACS surveillance planes that track flights of military aircraft.

Bond Yields Soar!

There is high concern for expectations of improved economic growth as well as Obama's plan to extend the Bush era tax cuts. The Bush era tax cuts has the potential to intensify the start inflation and budget deficit.

he benchmark 10-year Treasury note, which bottomed at 2.39% in early October, jumped to 3.23% on Wednesday from 3.16% on Tuesday. The 30-year Treasury bond rose to 4.44% from 4.42%.

Obama Urges Chinese Leader to Revalue Currency

Obama speaks at the United Nations General Assembly on thursday in New York about pressuring the Chinese Prime Minister, Wen Jiabao, to revalue the chinese currency.

Prime Minister Wen Jiabao barely budged beyond his familiar talking points about gradual “reform” of China’s currency policy, leaving it unclear whether Mr. Obama’s message would change Beijing’s economic or political calculus.