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Keyword: failure

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  • President Obama in L.A.: Fundraiser, fist bumps, trash talk in a deli

    07/25/2014 8:30:54 AM PDT · by Oldeconomybuyer · 5 replies
    Los Angeles Times ^ | July 25, 2014 | By SEEMA MEHTA, CATHLEEN DECKER
    On his regularly scheduled visits to rake up campaign cash from the salons of Los Angeles’ upper-crust neighborhoods, President Obama just as regularly drops into locales meant to emphasize that he is more man-of-the-people than man-of-the-moneyed. On Thursday that locale was Canter’s Deli, the venerable Fairfax district eating spot, where Obama struck up conversations with diners about basketball, his failing jump shot and other regular-guy concerns. Fresh from a morning fundraiser at the Pacific Palisades home of Live Nation Chief Executive and President Michael Rapino — the bookend to a Wednesday night fundraiser at the Hancock Park home of television...
  • Obama: What's legal might not be right for US

    07/25/2014 8:16:09 AM PDT · by Oldeconomybuyer · 38 replies
    CNBC ^ | July 25, 2014 | by Everett Rosenfeld
    President Barack Obama said Thursday that American companies performing tax "inversions" are not doing right by their country. Obama said that these companies, which buy foreign firms to technically change their tax domicile to a country with a lower tax rate, benefit from America's university system and infrastructure, but then turn around and "game the system." He told CNBC exclusively that, despite the legality of this corporate practice, inversions are not fair. "You are an American company. You continue to benefit in all kinds of ways from being an American company," the president said. "It is true that there are...
  • Meditation on President Obama’s Portrait [BARF]

    07/25/2014 8:08:29 AM PDT · by Oldeconomybuyer · 26 replies
    New York Times ^ | July 25, 2014 | By MAURICE BERGER
    Dawoud Bey’s photograph of the man who would soon be president was taken on a Sunday afternoon in early 2007, at Barack and Michelle Obama’s Hyde Park home in Chicago. The portrait is at once stately and informal. Mr. Obama’s hands are folded gracefully in his lap. He wears an elegant suit and white shirt, but no tie. He stares intensely into the camera. The photographer and his subject were comfortable with each other. Mr. Bey recalls that he asked Mr. Obama, who intended to be photographed in shirt sleeves, to put on a jacket. The photograph depicts its famously...
  • In Los Angeles, Obama gives his die-hard supporters a tough-love talk

    07/24/2014 5:24:38 AM PDT · by Oldeconomybuyer · 14 replies
    Los Angeles Times ^ | July 23, 2014 | By SEEMA MEHTA, KATHLEEN HENNESSEY
    President Obama delivered a tough-love talk to his biggest boosters Wednesday, telling Democratic donors gathered in Los Angeles that they need to step it up before November if he’s going to get much done in his last two years in office. "You thought, 'OK, we elect Barack and that's it,’” Obama told a crowd big-dollar donors gathered in the lush Hancock Park backyard of TV producer Shonda Rhimes. “I have got to have a Congress that has some sense and is willing to work and is willing to compromise and is focused on the American people. And we don’t have...
  • ‘Don’t kill the Internet,’ protesters urge Obama in Los Altos

    07/23/2014 4:16:22 PM PDT · by Oldeconomybuyer · 12 replies
    San Francisco Chronicle ^ | July 23, 2014 | By Joe Garofoli
    While President Obama was raising hundreds of thousands of dollars at two Bay Area fundraisers Wednesdays, protesters urged him to keep a promise he made to ensure that the Internet remains a level playing field. Back in 2007, then-candidate Obama said during a campaign stop at Google that as president he would “take a backseat to no one” in terms of his commitment to preserving net neutrality. But Obama’s appointments to the Federal Communications Commission don’t back up that commitment. In May, three Democrats he appointed to the agency voted to allow broadband carriers to provide an online “fast lane”...
  • Fox News Poll: 58 percent say Obama administration incompetent at managing gov't

    07/23/2014 3:00:28 PM PDT · by Oldeconomybuyer · 23 replies
    FOX News ^ | July 23, 2014
    Has the Obama administration competently and effectively managed the government? A Fox News poll released Wednesday finds a majority of American voters says no -- including about a third of Democrats. A 58-percent majority says the White House has not been competent at managing the federal government. Some 32 percent of Democrats join 67 percent of independents and 84 percent of Republicans in holding that view.
  • President’s Secret to Handling Criticism? Focus, and No TV

    07/23/2014 6:24:22 AM PDT · by Oldeconomybuyer · 17 replies
    New York Times ^ | July 21, 2014 | By PETER BAKER
    WASHINGTON — President Obama had to laugh. He had just been asked how he deals with criticism, and something about the question just struck him as funny. Maybe it is because criticism is one thing he sees no shortage of these days. Addressing an audience largely made up of African-American boys and young men, Mr. Obama turned serious and gave a long, thoughtful answer about how, over the years, he has learned to focus on what is important to him and keep fixed on “the north star that steers you” no matter what others may say. “And then I just...
  • The Democrats’ Obama problem, in perspective

    07/23/2014 6:15:35 AM PDT · by Oldeconomybuyer · 25 replies
    Washington Post ^ | July 23, 2014 | By Aaron Blake
    President Obama is unpopular. In the 12 states that will decide control of the Senate this November, though, he's even more unpopular. A new poll from Democratic pollster Democracy Corps shows 60 percent of people in these states say they disapprove of Obama, compared to just 37 percent who approve. Perhaps more striking: 50 percent of voters in these states say they not only disapprove of Obama, but they "strongly" disapprove of him. To the extent the 2014 election is about Obama and his job performance -- as midterm elections are generally theorized to be -- half of voters in...
  • Crises Cascade and Converge, Testing Obama

    07/23/2014 6:10:17 AM PDT · by Oldeconomybuyer · 21 replies
    New York Times ^ | July 22, 2014 | By PETER BAKER
    Rarely has a president been confronted with so many seemingly disparate foreign policy crises all at once — in Ukraine, Israel, Syria, Iraq, Afghanistan and elsewhere — but making the current upheaval more complicated for Mr. Obama is the seemingly interlocking nature of them all. Developments in one area, like Ukraine, shape his views and choices in a crisis in another area, like the Middle East. “It’s a very tangled mess,” said Gary Samore, a former national security aide to Mr. Obama and now president of United Against Nuclear Iran, an advocacy group. “You name it, the world is aflame....
  • Insurer Drops New York Medicaid Coverage For 53,000 Over Unsustainable Losses

    07/18/2014 3:41:50 PM PDT · by Oldeconomybuyer · 5 replies
    The Daily Caller ^ | July 18, 2014 | by Sarah Hurtubise
    Blue Cross Blue Shield in New York is dropping out of the state’s Medicaid program due to serious financial losses, dropping 53,000 New Yorkers from coverage. Medicaid managed care patients in Erie, Chautauqua, Cattaraugus, Orleans, Wyoming and Allegany counties of New York will have until Oct. 31 to find new coverage. Blue Cross Blue Shield is one of the top Medicaid insurers in New York. Stephen T. Swift, the insurer’s chief financial officer, denied that the decision it driven by Obamacare and said that while the company has been trying to fix the failing Medicaid business for years, it’s just...
  • Maureen Dowd: Where is Obama's Oval Office avatar?

    07/18/2014 3:18:13 PM PDT · by Oldeconomybuyer · 24 replies
    Fresno Bee ^ | July 17, 2014 | by Maureen Dowd
    The White House likes to use a phrase of tingling adventure to describe the president's recent penchant for wandering the country talking to people: "The bear is loose." There are three problems with this unbearable metaphor: Barack Obama is not in captivity, he's not a bear and he's not loose. As Voltaire said of the Holy Roman Empire, it was "neither Holy, nor Roman, nor an empire." When our whippetlike president travels on Air Force One from staged photo-op to staged photo-op and then to coinciding fundraiser to coinciding fundraiser, encased by the White House travel behemoth and press centipede,...
  • Hillary Clinton: Europe must lead on plane react

    07/18/2014 5:18:10 AM PDT · by SoFloFreeper · 25 replies
    Politico ^ | 7/17/14 | Maggie Haberman
    Hillary Clinton says there’s “growing awareness” that Malaysia Airlines passenger plane was probably shot down by Russian insurgents — but argued that European leaders must “take the lead” on any action if that proves to be the case. Clinton made the comments about the doomed plane in a wide-ranging interview with TV host Charlie Rose set to air Thursday night. Portions of the taped interview were released ahead of airtime.
  • OBAMA COMING TO NEW YORK TONIGHT FOR FUNDRAISERS

    07/17/2014 4:32:10 PM PDT · by Oldeconomybuyer · 25 replies
    WABC-TV New York ^ | July 17, 2014
    WASHINGTON -- President Barack Obama is traveling to New York City Thursday for two campaign fundraising events during a national transportation tour. He is scheduled to attend one event for the Democratic Party and another for the House Majority PAC, which tries to help Democrats win House seats. They are being held at separate private homes in Manhattan and are closed to media coverage. Obama will spend about five hours in the city, arriving at Kennedy airport at 4 p.m., then heading to the fundraisers. He will return to the White House just after 9 p.m.
  • Obama nominates fundraiser to Finland envoy post

    07/17/2014 3:58:19 PM PDT · by Oldeconomybuyer · 6 replies
    Houston Chronicle ^ | July 17, 2014
    President Barack Obama has nominated a lawyer who raised campaign money for him in the 2008 and 2012 elections as ambassador to Finland. The lawyer, Charles C. Adams Jr., is the managing partner at the Geneva office of the international law firm of Akin Gump Strauss Hauer & Feld. He was among a group of Obama fundraisers in 2008 that raised between $50,000 and $100,000 for the campaign. In 2012, he was among Obama's top fundraisers, bringing a minimum of $500,000 to the president's re-election effort.
  • The Border and Obama

    07/17/2014 7:34:55 AM PDT · by Oldeconomybuyer · 35 replies
    TIME ^ | July 17, 2014 | By Joe Klein
    It's time to stop running away from the nation's troubles. Barack Obama should see the Catholic Charities mission in McAllen. He should also have a town meeting with the Tea Party nativists who are so angry and threatened by the rush of refugees–43,933 unaccompanied children alone since October–who began to appear from Honduras, El Salvador and Guatemala. His job, after all, is to rise above the rancor and, well, lead. You don’t do this by making a speech to a favored audience. You do it by taking action, setting a personal example. Obama is currently wandering about the country, trying...
  • CBO says US deficit levels are unsustainable

    07/15/2014 3:31:18 PM PDT · by Oldeconomybuyer · 14 replies
    The Hill ^ | July 15, 2014 | By Bernie Becker
    Congress’s nonpartisan budget watchdog warned Tuesday that U.S. entitlement programs would drive the country’s debt to unsustainable levels in the coming years. The federal debt is now 74 percent of the nation's gross domestic product (GDP), the Congressional Budget Office (CBO) said in its latest long-term budget outlook, a product of the outsized budget deficits the U.S. recorded following the 2008 fiscal crash. That figure is already twice the debt level held in 2008, and matched in U.S. history only by a brief span after World War II. But CBO also projects that the public's share of debt will increase...
  • Skeptic of Climate Change Finds Himself a Target of Suspicion

    07/15/2014 1:33:08 PM PDT · by Oldeconomybuyer · 25 replies
    New York Times ^ | July 15, 2014 | By MICHAEL WINES
    HUNTSVILLE, Ala. — John Christy, a professor of atmospheric science at the University of Alabama here, says he remembers the morning he spotted a well-known colleague at a gathering of climate experts. “I walked over and held out my hand to greet him,” Dr. Christy recalled. “He looked me in the eye and he said, ‘No.’ I said, ‘Come on, shake hands with me.’ And he said, ‘No.'  ” Dr. Christy is an outlier on what the vast majority of his colleagues consider to be a matter of consensus: that global warming is both settled science and a dire threat. He...
  • Colorado Obamacare Exchange Doesn’t Know Who Is Enrolled

    07/14/2014 12:49:00 PM PDT · by Oldeconomybuyer · 14 replies
    The Daily Caller ^ | July 14, 2014 | by Greg Campbell
    Connect For Health Colorado, the state-run health care exchange set up under Obamacare, will spend some $4 million in the coming year to convince Latinos to enroll through the program, even though exchange managers have no idea whether Latinos are underrepresented among their existing customers. While the health-care exchange collects demographic data, no one has analyzed it, according to the Denver Post. Exchange managers are just assuming that fewer Latinos have signed up because that’s what independent studies have shown. The money will also be used to target young people and other specific demographic groups without knowing who among them...
  • Billiards trump a visit to the border for Obama during ballyhooed trip out West

    07/09/2014 6:08:33 AM PDT · by Oldeconomybuyer · 13 replies
    The Washington Times ^ | July 9, 2014 | By Ben Wolfgang
    As part of a broader effort to connect with average Americans, President Obama on Tuesday night drank beer and played pool at a brewpub in downtown Denver. Mr. Obama was joined at the Wynkoop Brewing Co. by Colorado Gov. John Hickenlooper, a Democrat and one of the brewery’s co-founders. After ordering beers, the governor challenged Mr. Obama to a game of pool — and lost badly. Despite a slow start, the president, playing solids, won handily and told reporters to note that Mr. Hickenlooper still had five balls left on the table. “Did you record that?” Mr. Obama asked the...
  • Obamacare's next threat: A September surprise

    07/08/2014 7:12:51 AM PDT · by Oldeconomybuyer · 8 replies
    Politico ^ | July 7, 2014 | By EDWARD-ISAAC DOVERE
    Obamacare open enrollment closed March 31. The White House’s Obamacare war room did not. Most state health insurance rates for 2015 are scheduled to be approved by early fall, and most are likely to rise, timing that couldn’t be worse for Democrats already on defense in the midterms. The White House and its allies know they’ve been beaten in every previous round of Obamacare messaging, never more devastatingly than in 2010. So they’re trying to avoid — or at least, get ahead of — any September surprise.
  • Government Data Show U.S. in Decade-Long Cooling

    07/07/2014 6:44:54 AM PDT · by shove_it · 45 replies
    Forbes ^ | 25 Jun 2014 | James Taylor
    The National Oceanic and Atmospheric Administration’s most accurate, up-to-date temperature data confirm the United States has been cooling for at least the past decade. The NOAA temperature data are driving a stake through the heart of alarmists claiming accelerating global warming. Responding to widespread criticism that its temperature station readings were corrupted by poor siting issues and suspect adjustments, NOAA established a network of 114 pristinely sited temperature stations spread out fairly uniformly throughout the United States. Because the network, known as the U.S. Climate Reference Network (USCRN), is so uniformly and pristinely situated, the temperature data require no adjustments...
  • 'So Sue Me': Why President Obama Is Embracing a Fight With Congress

    07/06/2014 9:47:00 AM PDT · by Oldeconomybuyer · 21 replies
    NBC News ^ | July 6, 2014 | by Perry Bacon Jr.
    President Barack Obama has aggressively touted his use of executive authority over the last several months as he aims to cement his legacy and push his policies now and even beyond his presidency. The president's in-your-face attitude was punctuated Wednesday by his sarcastic challenge to Republicans: "So sue me." The emphasis on executive actions is a shift for Obama. In 2010, after Republicans won control of Congress, the Center for American Progress, a liberal think tank in Washington wrote a detailed memo urging Obama to use executive orders on a wide range of issues. But late last year, Obama hired...
  • More jobs, less war, low polls: the Obama disconnect

    07/04/2014 8:34:09 AM PDT · by Oldeconomybuyer · 25 replies
    CNN ^ | July 3, 2014 | By Tom Cohen, CNN
    Which one of these doesn't fit? More jobs, a record stock market, wars ending and dismal poll numbers. All apply to Barack Obama's presidency as it passes the 2,000-day mark, raising questions about the viability of what used to be known as conventional political wisdom. A strengthening economy and robust stock market traditionally mean general public satisfaction with government. Bringing soldiers home from war zones has always boosted presidential popularity. Not this time with this President. Why the disconnect? A convergence of factors -- uneven economic growth, government crises both real and exaggerated, foreign policy problems, hyper-partisan Washington politics now...
  • Will Obama finally get some credit for the improving economy?

    07/03/2014 1:44:38 PM PDT · by Oldeconomybuyer · 36 replies
    Washington Post ^ | July 3, 2014 | BY PAUL WALDMAN
    Today’s jobs report was a very good one: 288,000 new jobs were created in June, and the unemployment rate fell to 6.1 percent. So will Barack Obama get the credit? Probably not. First of all, we shouldn’t get too excited; there are still a lot of people looking for work, there are a lot who have gotten discouraged and dropped out of the labor force, and there are a lot working part time when they’d rather have full-time jobs.
  • Sicker Denver patients prompt hikes while rates stay flat in mountains

    07/03/2014 10:47:32 AM PDT · by Oldeconomybuyer · 7 replies
    Health News Colorado ^ | July 2, 2014 | By Katie Kerwin McCrimmon
    Sicker patients have prompted Denver Health to ask for a 17.5 percent hike next year in health insurance rates while the biggest carrier in western Colorado, Rocky Mountain Health Plans, is working to keep rates flat in high-cost resort counties. When Colorado’s insurance regulators unveiled proposed 2015 rates for health insurance last week, the numbers were all over the map. “We are taking care of really sick patients,” LeAnn Donovan, executive director of managed care for Denver Health, said in a written statement. “This requires more health care resources in terms of medical staff, medications and testing. The proposed rate...
  • Insurers on New York State’s Health Exchange Seek Significant Rate Increases

    07/03/2014 10:21:50 AM PDT · by Oldeconomybuyer · 12 replies
    New York Times ^ | July 2, 2014 | By ANEMONA HARTOCOLLIS
    Some New Yorkers are in sticker shock after receiving notices from their insurance companies saying that they have asked for significant rate increases through the state’s health exchange next year. The exchange, which has prided itself on being affordable, is now facing requests for increases as high as 28 percent for some customers. Beth Leibson, a Manhattan resident, received a letter from MetroPlus saying it was working on raising her rate by 28 percent. She said this was a higher one-year increase than any rate rise she had had with previous insurance, including insurance under the federal law known as...
  • Barack Obama is a generic Democratic president

    07/03/2014 10:15:13 AM PDT · by Oldeconomybuyer · 30 replies
    Chicago Tribune ^ | July 3, 2014 | By Jonathan Bernstein
    The Quinnipiac poll getting buzz this week may be worthless, but the general topic of evaluating Barack Obama is another opportunity to make an important point: almost everything about Obama's presidency can be explained by saying he’s a Democratic president. He’s an interesting man, but as president he’s become about as generic as possible. By saying he’s a generic Democratic president, I’m not arguing that he’s performed perfectly; I’m saying that his performance is neither significantly above or below par. Let's hear it, Obama critics or Obama supporters. Where have his particular skills, preferences or personality produced anything that sets...
  • New York insurers seek 12- to 20-percent hike in Obamacare premiums

    07/03/2014 7:56:34 AM PDT · by Oldeconomybuyer · 19 replies
    The Washington Times ^ | July 3, 2014 | By Cheryl K. Chumley
    Insurance companies that feed into New York’s health exchange system for Obamacare are requesting hikes to patient premiums that are in the double-digits, a New York Post investigation found. The average increase that insurers are considering for 2015 is 12 percent, the newspaper reported. But a large number of these insurers actually want to boost premium payment costs on patients by 20 percent. The rate hikes are curious, the New York Post noted, given the stated goal of Obamacare to rein in runaway medical costs. Insurers, however, blamed the premium increases directly on Obamacare.
  • MNSure lapse leaves 16,000 low-income applicants awaiting coverage

    07/03/2014 5:23:31 AM PDT · by TurboZamboni · 8 replies
    Pioneer Press ^ | 7-3-14 | Christopher Snowbeck
    At least 16,000 low-income Minnesotans never received letters telling them that the state needed more information on their MNsure applications for health insurance, and many possibly remain uninsured. State officials disclosed the mistake Wednesday and blamed the problem on human error. The notices were supposed to tell the applicants to provide more information to qualify for the state's Medical Assistance program, but the notices were never sent. The applicants applied through MNsure, the state's new health insurance exchange, but their eligibility for the low-income assistance couldn't be automatically verified. "We understand that this is unacceptable to have not been sending...
  • Psychologists Warn of Climate Change “Ecoanxiety”

    07/03/2014 5:00:28 AM PDT · by Oldeconomybuyer · 43 replies
    PJ Media ^ | July 3, 2014 | by PAULA BOLYARD
    A study sponsored by the American Psychological Association and ecoAmerica warns that climate change, including an expected increase in the global mean temperature, will cause increased “ecoanxiety” resulting in severe psychological and sociological consequences. The study, Beyond Storms and Droughts: The Psychological Impacts of Climate Change, led by College of Wooster psychologist Susan Clayton, warns that “we can expect a likely increase in mental health-related symptoms and conditions as a result of climate change.” Communities at risk include those with high levels of poverty, lower education levels, large populations of older adults, children and infants, disabled people, recently arrived immigrants,...
  • Billboard Calls Out Minneapolis Public Schools

    07/01/2014 8:02:14 PM PDT · by TurboZamboni · 5 replies
    Better Ed ^ | 7-1-14 | Devin Foley
    Minneapolis, MN – Better Ed — a 501(c)(3) education reform group in Minnesota — has put up another billboard message across from the Minneapolis Public Schools district headquarters. The message draws attention to the district’s high per-pupil spending and low graduation rate. It reads: “MINNEAPOLIS SPENDS $21,000 PER STUDENT. BARELY HALF GRADUATE. NOT COOL.” Better Ed’s previous billboard message (which had been up since December 2013) also highlighted the district’s poor graduation rate, which was 54% for 2013. Indeed, Minneapolis Public Schools has one of the lowest graduation rates among all urban school districts in the country—a fact pointed out...
  • CIA Under Fire for Failure in Iraq

    07/01/2014 9:13:40 AM PDT · by Enlightened1 · 25 replies
    The Washington Free Beacon ^ | 07/01/14 | Bill Gertz
    “This is an absolute intelligence failure on the part of the CIA,” said Bill Cowan, a former Special Forces officer who worked until recently as a contractor in Iraq. During U.S. military operations in Iraq, military intelligence agencies set up robust spying—both human and electronic—throughout Iraq that provided a clear picture of the insurgents, including the former Saddam Hussein military officials who currently are a major component of the IS operation. However, with the Obama administration’s decision to pull out all troops, the military intelligence coverage was removed at the end of 2011. “With all military intel out of the...
  • Americans' confidence in Obama plummets to new low, poll shows

    06/30/2014 11:28:38 AM PDT · by Oldeconomybuyer · 23 replies
    Chicago Sun-Times ^ | June 30, 2014 | By CHAD MERDA
    There's little good news for President Barack Obama or the rest of U.S. government, according to a new Gallup poll. When asked about their confidence in the president, only 29 percent said they had confidence in Obama in his sixth year. That's down 7 percent from last year, and is a 22 percentage point drop from his first year in office. It's also lower than George W. Bush's rating in his sixth year (33 percent) and Bill Clinton (53 percent). It was during Clinton's sixth year in office that he was stuck deep in the Monica Lewinsky scandal.
  • Obamacare: Massive backlog stalls Medi-Cal expansion

    06/29/2014 6:46:43 AM PDT · by Oldeconomybuyer · 4 replies
    San Jose Mercury News ^ | June 28, 2014 | By Helen Shen
    A mountainous backlog of Medi-Cal applications is well into its third month, but California officials have provided little information about how and when the largest such bottleneck in the nation might be cleared. Not only has application processing been delayed, the state has also fallen behind in sending final notifications to enrollees, officials confirmed. Meanwhile, many low-income people who qualify for Medi-Cal are showing up at community clinics and costly emergency rooms as they have in the past. Others are putting off care. The holdup in Medi-Cal approvals has led to financial uncertainty for many of California's community health clinics,...
  • Confusion over doctor lists is costly for Obamacare enrollees in state

    06/29/2014 6:29:21 AM PDT · by Oldeconomybuyer · 13 replies
    Los Angeles Times ^ | June 28, 2014 | by Chad Terhune
    Frustration and legal challenges over the network of doctors and hospitals for Obamacare patients have marred an otherwise successful rollout of the federal healthcare law in California. Limiting the number of medical providers was part of an effort by insurers to hold down premiums. But confusion over the new plans has led to unforeseen medical bills for some patients and prompted a state investigation. More complaints are surfacing as patients start to use their new coverage bought through Covered California, the state's health insurance exchange. "I thought I had done everything right, and it's been awful," said Jean Buchanan, 56....
  • Obama's Economic Record

    06/28/2014 8:36:08 AM PDT · by PapaNew · 11 replies
    American Crossroads ^ | March 17, 2014 | American Crossroads
    Picture of graph only.
  • Obama Chides G.O.P. for Blocking Economic Measures

    06/27/2014 6:33:44 PM PDT · by Oldeconomybuyer · 27 replies
    New York Times ^ | June 27, 2014 | By JULIE HIRSCHFELD DAVIS
    MINNEAPOLIS — President Obama rebuked congressional Republicans on Friday for opposing his economic initiatives, saying they should be held accountable for not doing enough for the middle class. Mr. Obama also criticized Republicans for considering legal action over his use of executive orders, arguing that they were allowing a politically motivated vendetta to block actions that could help working people, like raising the minimum wage and extending unemployment insurance. “We can’t afford to wait for Congress right now, and that’s why I’m going ahead and moving ahead without them wherever I can,” Mr. Obama told about 3,500 people who gathered...
  • Kathleen Sebelius: I 'made some mistakes'

    06/27/2014 5:14:01 PM PDT · by Oldeconomybuyer · 33 replies
    Politico ^ | June 27, 2014 | By NATALIE VILLACORTA
    Former Health and Human Services Secretary Kathleen Sebelius acknowledged Friday that she made mistakes leading up to the rollout of the Affordable Care Act, worrying too much about whether there’d be a market for Obamacare and spending “too little time clearly on the technology side.” “I sure made some mistakes along the way in terms of focusing on some things and not on others,” she said at the Aspen Ideas Festival.
  • Anthem requests to spike insurance rates (Connecticut)

    06/27/2014 5:08:08 PM PDT · by Oldeconomybuyer · 4 replies
    WTNH-TV News ^ | June 27, 2014 | By Mark Davis
    HARTFORD – The dominant health insurer in Connecticut says it has no choice but to increase rates 12.5%, or it may risk insolvency. Executives from Anthem Blue Cross Blue Shield said the exploding cost of prescription drugs is a major factor in its decision to request to state regulators that it raise rates. But it is the tax that ‘Obamacare’ charges the insurance company to pay for those individual tax credits that’s another major reason they say they have to increase the rates on everyone else. “That amount begins at 8 billion dollars in 2014 and increases over forty percent...
  • Venezuela blackout leaves commuters scrambling, silences president

    06/27/2014 3:07:43 PM PDT · by Oldeconomybuyer · 19 replies
    Reuters ^ | June 27, 2014 | BY BRIAN ELLSWORTH AND PATRICIA VELEZ
    A blackout cut power to much of Venezuela on Friday, snarling traffic in the capital Caracas and other major cities as authorities scrambled to restore electricity after the outage, which twice interrupted a presidential broadcast. Pedestrians streamed into the streets of Caracas as the blackout shuttered the underground metro trains and left frustrated drivers honking in the chaos without stoplights. The OPEC nation has suffered an increasing number of power outages in recent years, which critics have attributed to low electricity tariffs and limited state investment following the 2007 nationalization of the power sector. Critics call the power problems a...
  • Health Care System Needs To Prepare For Global Warming

    06/27/2014 9:26:01 AM PDT · by Oldeconomybuyer · 23 replies
    Kaiser Health News ^ | June 26, 2014 | By Lisa Gillespie
    Climate change is happening, and with that will come more deaths from heat-related illness and disease, according to a report released Tuesday. The report, spearheaded and funded by investor and philanthropist Thomas Steyer, former Treasury Secretary Hank Paulson, and former New York Mayor Michael Bloomberg, examines many of the effects of climate change for business and individuals. "One of the most striking findings in our analysis is that increasing heat and humidity in some parts of the country could lead to outside conditions that are literally unbearable to humans, who must maintain a skin temperature below 95°F in order to...
  • Armed U.S. Drones Flying Over Baghdad

    06/27/2014 8:48:10 AM PDT · by Oldeconomybuyer · 9 replies
    TIME ^ | June 27, 2014 | by Mark Thompson
    Armed U.S. drones are flying over the Iraqi capital of Baghdad, an American official said Friday, primed to defend U.S. troops and diplomats on the ground—or to attack insurgents challenging the Iraqi government if President Barack Obama orders such strikes. “We have the necessary forces not only to protect our own forces, but to be prepared should the President make a decision to do something more,” a senior Pentagon official said Friday. “We’ve got both manned and unmanned over Iraq, and it shouldn’t surprise anybody that some of our drones have armaments.”
  • Justices Rebuke Obama on Right of Appointment

    06/26/2014 7:52:59 PM PDT · by Oldeconomybuyer · 2 replies
    New York Times ^ | June 26, 2014 | By ADAM LIPTAK
    WASHINGTON — The Supreme Court issued a unanimous rebuke to President Obama on Thursday, saying he had overreached in issuing recess appointments during brief breaks in the Senate’s work. Mr. Obama violated the Constitution in 2012, the justices said, by appointing officials to the National Labor Relations Board during a break in the Senate’s work when the chamber was convening every three days in short pro forma sessions in which no business was conducted. Those breaks were too short, Justice Stephen G. Breyer wrote in a majority opinion joined by the court’s four other more liberal members. At the same...
  • Obama attacks Republicans for appeasing climate deniers

    06/25/2014 9:54:45 PM PDT · by Oldeconomybuyer · 15 replies
    Guardian UK ^ | June 25, 2014 | By Suzanne Goldenberg
    Barack Obama has turned up the political heat on climate deniers, making fun of Republicans in Congress for catering to “a bunch of fringe elements”. In a speech to environmental activists in Washington, Obama suggested Republicans were playing dumb on climate change to avoid a backlash from ultra-conservative Tea Party elements. Republicans actually recognised climate change was real, Obama suggested, but were afraid to admit it in public. “They ducked the question and said 'Hey I'm not a scientist,' which really translates into 'I accept that manmade climate change is real but if I say so I will be run...
  • Dissecting Obama's Iraq policies

    06/25/2014 8:53:13 PM PDT · by Oldeconomybuyer · 1 replies
    BBC News ^ | June 25, 2014
    For more than eight years, US troops attempted to bring peace and democracy to a post-Saddam Hussein Iraq. With the emergence of the Islamist extremist group the Islamic State of Iraq and the Levant (Isis), which continues to successfully seize Iraqi weapons, oil refineries and cities, critics are not only pointing fingers at the architects of the Iraq War, but at President Barack Obama, as well. "Sooner or later, honest liberals will have to admit that Obama's Iraq policy has been a disaster," writes Peter Beinart for the Atlantic. "The White House has been so eager to put Iraq in...
  • A breakdown of New York’s Obamacare numbers

    06/25/2014 4:19:56 PM PDT · by Oldeconomybuyer · 5 replies
    Capital New York News ^ | June 25, 2014 | By Dan Goldberg
    Nearly 275,000 New Yorkers were eiligible for more than $700 million in federal tax credits to help them pay for health insurance, according to a new report from the state Department of Health. That's roughly $2,500 per person, and demonstrates how expensive health care coverage can be in New York even after the Affordable Care Act reduced rates on the individual market. Wednesday's report is the fullest picture yet of exactly who enrolled in the state's health insurance exchange created by the Affordable Care Act. Most New Yorkers were eligible for a federal subsidy that helped them defray the cost...
  • Michiganders should expect to pay more for Obamacare next year

    06/25/2014 4:14:34 PM PDT · by Oldeconomybuyer · 8 replies
    Michigan NPR Radio ^ | June 25, 2014 | By STEVE CARMODY
    The cost of Obamacare health insurance plans will likely rise next year in Michigan. 272,000 Michiganders signed up for health insurance using the marketplace created by the Affordable Care Act. They will be paying more for those plans if proposed rate increases released this week are approved by state and federal regulators. Josh Fangmeier is a health policy analyst with the Center for Healthcare Research and Transformation at the University of Michigan. He says he wasn’t surprised to see Blue Cross/Blue Shield proposing rate increases of 9.3% to 9.7% on their Obamacare health plans.
  • Report: Diplomatic Facilities (Like in Benghazi) Suffer From Poor, Dated Standards

    06/25/2014 2:35:53 PM PDT · by Oldeconomybuyer · 5 replies
    Roll Call ^ | June 25, 2014 | By Tim Starks
    A subset of diplomatic facilities similar to the one that came under attack in Benghazi, Libya, suffers from absent, outdated or inconsistent security standards, a Government Accountability Office report released Wednesday determines. The public version of the “sensitive but unclassified” report doesn’t name which 10 high-risk, geographically diverse posts were part of its survey. Among the report’s findings were “some facility types for which standards were lacking or unclear, instances in which the standards were not updated in a timely manner, and inconsistencies within the standards.” For example, “State’s process for updating physical security standards is not timely. In some...
  • U.S. economy collapses in first quarter, but growing again

    06/25/2014 10:55:36 AM PDT · by Oldeconomybuyer · 22 replies
    Reuters ^ | June 25, 2014 | by Lucia Mutikani
    (Reuters) - The U.S. economy contracted at a much steeper pace in the first quarter than previously estimated, turning in one of its worst-ever non-recession performances, but growth already appears to have rebounded strongly. The economy was held back by an unusually cold winter, the expiration of long-term unemployment benefits and cuts to food stamps, which curbed consumer spending. It was also weighed down by a slowdown in the pace of restocking by businesses. All these temporary factors have since faded, lifting growth early in the second quarter.
  • ISIS Fighters Advance Toward Large Iraqi Dam

    06/25/2014 10:14:31 AM PDT · by Oldeconomybuyer · 22 replies
    New York Times ^ | June 25, 2014 | By ALISSA J. RUBIN and ROD NORDLAND
    Iraqi security officials said Wednesday that fighters for the Islamic State in Iraq and Syria were advancing on the Haditha Dam, the second-largest in Iraq. Worried that the insurgents would reach the dam on the Euphrates River, about 120 miles northwest of Baghdad, army officers told employees to stay inside and to be prepared to open the dam’s floodgates if ordered to do so, an employee said. “This will lead to the flooding of the town and villages and will harm you also,” the dam employee said he told the army officer. This would not be the first time that...