Keyword: obama
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The US economy continues to wander through the recessionary woods, with some rays of light peeking through the dark clouds. In other words, there is still a long way to go. New home sales in November printed at 377,000 units, less than the expected 380,000 but higher than October’s print of 368,000. New home sales have struggled to return to June 1982 levels. The Conference Board’s measure of consumer confidence fell to 65.10. Note that consumer confidence remains far below the average of 94.18 from 1967-today. Of course, the Christmas retail season has seen an increase in employment and a...
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Since Alinsky works for us now, and I’m about to deploy one of his rules(snip) Alinsky’s Rules for Radicals Always remember the first rule of power tactics: Power is not only what you have but what the enemy thinks you have.(snip) The rule being deployed today is #4: “Make them live up to their own book of rules.” So I’m afraid I must demand that David Gregory be prosecuted for breaking the law - as he did by brandishing a lethal “high capacity magazine” on Meet the Press(snip) Q: When is a prop just a prop? A: When it’s brandished...
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All over the airwaves I am seeing commercials for Zero Dark Thirty, wondering if the "Arab Street" knows this movie is being released. We all know how ENRAGING youtube videos can be, and yet we have NOT heard the clown in the Oval Office or his toady Hillary with the concussion come out and condemn this film that COULD be very offensive to the Libyans.
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The year 2012 saw the triumph of cold reality over pie-in-the-sky fantasies. Barack Obama in 2008 won an election on an upbeat message of change amid hopes that the first black president would mark a redemptive moment in American history. Four years later, the fantasies are gone. In continuing dismal economic times, Obama ran for reelection neither on his first-term achievements — Obamacare, bailouts, financial stimuli, and Keynesian mega-deficits — nor on more utopian promises. Instead, Obama’s campaign systematically reduced his rival, Wall Street financier Mitt Romney, to a conniving, felonious financial pirate who did dastardly things, from letting the...
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In combing through the results of the 2012 election -- apparently finally complete, nearly two months after the fact -- I continue to find many similarities between 2012 and 2004 and one enormous difference. Both of the elections involved incumbent presidents with approval ratings hovering around or just under 50 percent facing challengers who were rich men from Massachusetts (though one made his money and the other married it).In both cases, the challenger and his campaign seemed confident he was going to win. and had reasonable grounds to believe so.In both elections, the incumbent started running a barrage of negative...
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--SNIP-- The property is 6,000 square feet with 5 bedrooms, 6 baths and an contemporary Asian theme. Supposedly it was to be listed after the Obamas vacationed there last year for $7.9 million. It’s unknown if plans changed to sell the house or if the property just never sold. Either way, the Obamas are sure to have had a good time in this luxury beachfront home.
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The fiscal-cliff negotiations have deteriorated into an embarrassing travesty of competing press conferences, off-the-record remarks, closed meetings, and sound bites. The Republican side is frustrated and flabbergasted by the absence of a concrete proposal from the President that can be scored by the Congressional Budget Office and then “marked up” by Congress according to standard procedures. Vague offers of so and so many trillions of revenue increases and spending cuts spread over a decade are just words, not real proposals.
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U.S. administration urges Republicans not to block "fiscal cliff" deal By Mark Felsenthal | Reuters – 58 mins ago HONOLULU (Reuters) - As President Barack Obama cut short a Christmas vacation to resume talks to avoid the "fiscal cliff" of automatic year-end tax hikes and spending cuts, the White House on Wednesday called on congressional Republicans not to stand in the way of a resolution in the U.S. Congress. "It's up to the Senate Minority Leader not to block a vote, and it's up the House Republican leader, the Speaker of the House ... to allow a vote," a senior...
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The radio show “Marketplace” wanted to chat this morning about the news that the Obama administration might extend its mortgage-refinancing programs to include borrowers whose mortgages aren’t backed by the government. It’s one thing for the Administration to pressure loan modifications (with Congress’ blessing) for the FHA insured mortgages. It is even a bigger stretch for the Administration to pressure Fannie Mae, Freddie Mac and FHFA to perform loan modifications (specifically principal writedowns since Fannie Mae and Freddie Mac are private corporations … in conservatorship. But it quite another thing for the Administration to pressure non-government entities to make principal...
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An official from the D.C. police told a member of the Federal Bureau of Alcohol, Tobacco, Firearms and Explosives that David Gregory COULD display a high capacity magazine on "Meet the Press" Sunday ... TMZ has learned.
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Oh how those Tea Party rubes are fouling the well-oiled political gears of Washington D.C. Have you heard of their latest shenanigans? Truly scandalous, and Republican Rep. Steven LaTourette does not like it one bit. Not even a smidge.What was the infraction that had earned them LaTourette’s scorn and label “Chuckleheads”? It is best we let Rep. LaTourette explain it himself: “I don’t know what the number is but say the number is 40 out of 240 – that’s not a repudiation of his (Speaker of the House John Boehner) leadership. That’s the same 40, 50 chuckleheads that all year...
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Lots of folks scoffed in town when reports surfaced that Democrats had petitioned the President of the United States to insert himself into the unseemly debate over Right to Work. Some asked out loud, doesn't POTUS have more important things to do than lobby Gov. Rick Snyder on that? But lobby the president did. During an exclusive one-hour sit down on WKAR-Public TV, the governor confirms that he and President Barack Obama shared a few minutes in private and the president looked the governor in the eye and said, "He wasn't pleased with Right to Work," Mr. Snyder reveals for...
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Administration puts an expensive end to a disgraceful episodeGeneral Motors will no longer be “Government Motors.” The Treasury Department on Wednesday announced its intention to liquidate federal holdings in the automobile company over the next 15 months. The final tally will show this policy has been a disaster for taxpayers. Under the best case scenario, the public will wind up shelling out more than $13 billion by the close of this unfortunate episode. Though President Obama has portrayed the GM bailout as saving Detroit, it was really a reward for the auto unions. It was a celebration of bad management...
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I hope you all had a wonderful Christmas! I did, and even managed to go home to visit my Mirror family(snip)Butt here’s what you get when the “B” team is on duty: Instead of a high quality reflection, all you get is a grainy, crappy photo taken by a local journolist of MO and BO leaving Morimoto Waikiki where they dined before Christmas. Actually, the restaurant choice was surprising because, as I pointed out last year, Morimoto isn’t exactly an exemplary model of our new soon-to-be-imposed standards of civility. A little too much “Samurai Warrior” for the kinder, gentler, unarmed...
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Last spring, President Obama attended a meeting of Latin American leaders. We remember that meeting because of the Secret Service scandal. It was also the meeting when Latin American leaders complained that the Obama administration does not have a policy toward the region. I was very happy to see that Mary Anastasia O'Grady of The Wall Street Journal posted an article about the nomination of Sen Kerry to be Secretary of State. She pointed out that Sen Kerry has been on the "left" side of every major event in the last 40 years: "Mr. Kerry's record of promoting American values...
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The fiscal-cliff negotiations have deteriorated into an embarrassing travesty of competing press conferences, off-the-record remarks, closed meetings, and sound bites. The Republican side is frustrated and flabbergasted by the absence of a concrete proposal from the President that can be scored by the Congressional Budget Office and then “marked up” by Congress according to standard procedures. Vague offers of so and so many trillions of revenue increases and spending cuts spread over a decade are just words, not real proposals. The last serious fiscal-cliff projections date back to the Congressional Budget Office’s (CBO) August 2012 assessment of the budgetary effects...
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If politicians fail to cut a "fiscal cliff" deal before Jan. 1, it means a lot less money in your pocket, period. This is especially true for lower-income earners, who will be hit hardest proportionally. To illustrate the danger the fiscal cliff poses to Americans right now, at Christmastime, we used the Tax Foundation's tax calculator to produce a few examples of how Americans in various life situations will be affected. Our first example is Manuel -- a young fellow who makes about $50,000 a year working at a newspaper. Manuel, a single man with no dependents What he pays...
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A federal appeals court on Tuesday sided with Wheaton College and Belmont Abbey College in a decision related to the ongoing court challenges to the Obama administration's birth control mandate. The court said it would hold the Obama administration to its promise to never implement the current birth control mandate and to create a new rule by August, as part of the court decision. The U.S. Court of Appeals for the D.C. Circuit ordered Health and Human Services Secretary Kathleen Sebelius to give it updates every 60 days, beginning in February, until a new rule is issued in August. The...
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Did the Obama family skip church services this Christmas? The White House readout of the President’s activities on Christmas Eve and Christmas Day makes no mention of church services – although the President and the First Lady made time to visit service members of the United States Military at the Marine Corps Base in Hawaii. Below is the text of the White House release to the press: Last night, the President made holiday telephone calls to US service members, then sat down with his family for Christmas Eve dinner. This morning, the family gathered around 8AM to open their Christmas...
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CBS) Advocates of medical marijuana say pot has all sorts of health benefits. Maybe so, but a new study from Australia suggests that smoking pot can drive some people crazy - or at least make them go crazy sooner than they would have if they had never picked up the pipe. The study, published online in "Archives of General Psychiatry," shows that potheads develop severe mental illnesses like schizophrenia about 2.7 years earlier than people who don't use marijuana.
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