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Tag Archives: President Obama
Welcome Back, Obama
I don’t know what they call this in Chicago, but where I come from it’s known as kickin’ ass and takin’ names. President Obama addressing the UAW: Not sure where this guy has been for about the last 3 years, … Continue reading
Why Is This So Damn Difficult?
This is so simple it’s ridiculous. The three major causes of the dramatic increases in debt and deficit are: 1) The Bush, now Obama, tax cuts. 2) The wars in Iraq and Afghanistan. 3) The financial collapse caused by Wall … Continue reading
Posted in Afghanistan, budget, economy, Iraq, Medicare, Obama, Politics, Social Security, Taxes, Unemployment, Wall Street
Tagged $2.2 trillion, Afghanistan, American Society of Civil Engineers, Austan Goolsbee, Bush tax cuts, businesses, certainty, customers, debt, deficit, demand, financial transaction tax, free trade agreements, infrastructure, Iraq, jobs, Medicare, patent process, President Obama, Social Security, Wall Street
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Obama Has Been Consistent on Social Security—He Wants to Cut It
After the news broke yesterday about President Obama putting Social Security cuts on the table in the debt ceiling talks, the White House immediately went into CYA mode: “White House spokesman Jay Carney commented on the reports concerning Social Security … Continue reading
The President’s Press Conference
A review of President Obama’s press conference yesterday from one W. Shakespeare: “Sound and fury signifying nothing.” Meaningless rhetoric and duplicity, with a dose of class warfare red meat to stir up the base for the 2012 election thrown in … Continue reading
Obama to Announce Afghanistan Drawdown
In an address to the country tonight, President Obama is expected to announce the beginning of troop withdrawals from Afghanistan. The Washington Post is reporting that the numbers will be 5,000 by the end of this summer, another 5,000 by … Continue reading
Posted in Afghanistan, Obama
Tagged Afghan National Police, Afghanistan, investigation, Keating, Pew, President Obama, security forces, SIGAR audit, troop pullout, withdrawal
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White House Moving to Wall Street
Breaking news: In order to cut down on travel time through the revolving door for President Obama’s outgoing and incoming team of advisers, the White House is moving from 1600 Pennsylvania Avenue. Here’s the new location: Might as well be: … Continue reading
Posted in economy, Goldman Sachs, Obama, Obama administration, Politics, special interests, Wall Street
Tagged acquisition, bailout, Bush tax cuts, Chamber of Commerce, Ezra Klein, free trade, Gene Sperling, Goldman Sachs, India, JPMorgan Chase, Larry Summers, NEC, outsourcing, President Obama, South Korea, Wall Street, William Daley
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A “Good Deal” For Who?
Now that President Obama’s “good deal” has been signed, sealed, and delivered thanks to the warm and fuzzy “spirit of compromise” floating around D.C. this holiday season, let’s take a look at who got goodies in their Christmas stocking and … Continue reading
Posted in budget, Congress, economy, Obama, Politics, Taxes, Unemployment
Tagged 99ers, compromise, DADT, Dave Dayen, debt ceiling limit, Firedoglake, good deal, government funding, hostage, Huffington Post, letter, Lucy and the football, omnibus spending bill, President Obama, Reid, Senate Republicans, START, TANF, tax cuts, working poor
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Senate Caves, House Soon to Follow
The Senate voted 83-15 yesterday to invoke cloture on President Obama’s sell-out compromise on the extension of the Bush tax cuts for the top 2%. Nine Democrats and Bernie Sanders voted “no.” The nine were: Jeff Bingaman (NM), Sherrod Brown … Continue reading
Posted in budget, Congress, Democrats, economy, Obama, Taxes
Tagged alternative energy, Bush tax cuts, China, cloture vote, compromise, create jobs, dog and pony show, House, infrastructure, Kirsten Gillibrand, Mary Landrieu, Mitch McConnell, President Obama, Republicans, Senate, starve the beast
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President Obama to Meet With Corporate CEOs
*Sigh* “President Obama will host a roundtable with about 20 corporate chiefs on Wednesday, according to the White House, part of an attempt to ease strained relations with business. Expected for the session at the Blair House, across the street … Continue reading
Posted in budget, economy, Foreclosures, Obama, Politics, Social Security, special interests, Unemployment
Tagged 99ers, Bernanke, Camden, COLA, corporate chiefs, firefighters, foreclosure fraud, gasoline, Geithner, home heating oil, laid off, legal aid, police, President Obama, quantitative easing, roundtable, Social Security
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Senator Sanders on the Class War
Just one small segment of Sen. Bernie Sanders’ marathon speech on the floor of the Senate yesterday, dealing with the class war and the winners and losers in that war: “…in the year 2007, the top 1 percent of all … Continue reading
Posted in budget, Clinton, Congress, economy, Financial Crisis, Obama, Politics, special interests, Taxes, too big to fail, Wall Street
Tagged Bernie Sanders, Chamber of Commerce, Charles Ferguson, Citigroup, class war, Commodity Futures Modernization Act, derivatives, free trade, George Carlin, Glass-Steagall, Inside Job, Jacob Lew, Mitch McConnell, NAFTA, oligarchs, OMB, Peter Orszag, pork, President Clinton, President Obama, Senate, South Korea, speech, too big to fail
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