Eighteen months into the Obama presidency, many Americans are now experiencing buyers’ remorse. But why is anyone surprised? • “I will close the detention facility at Guantanamo during the first year of my administration. ” — Candidate Barack Obama, July 2008. Gitmo remains open. • “We are going to ban all earmarks, the process by [...]
Obama, where are those ‘hard truths’ you promised? During the 2008 campaign, Barack Obama repeatedly said he would tell Americans the hard truths — not what “you want to hear but . . . what you need to hear.” On the most vexing challenge facing the country — how not to go bankrupt — he [...]
The Washington Post carried an article last week outlining the immense consolidation that has taken place in the US banking system as a result of the policies of the Bush and Obama administrations in response to the financial crisis. The article, entitled “Banks ‘Too Big to Fail’ Have Grown Even Bigger,” reports how the largest [...]
Fmr. White House Press Secretary Ari Fleischer joined Neil Cavuto on Fox Business to talk about President Obama’s upcoming deficit and debt reduction plans.
Tornado losses seen in billions; Obama pledges help The destruction inflicted this week by the twisters was the deadliest U.S. natural catastrophe since Hurricane Katrina in 2005 Read more on AlertNet
Obama tries to win business leaders’ support for increase in debt limit White House Chief of Staff Bill Daley, the president’s chief emissary in the effort, urges Chicago executives to convey their own worries about the threat of default to Republican leaders in Congress. President Obama, taking new steps to repair ties with the country’s [...]
In Hindsight: Obama visits Facebook; for Apple, a record quarter President Barack Obama visits Facebook for a ‘virtual town hall.’ Plus: Apple, Intel, Yahoo and AMD report earnings. And: Silicon Valley CEOs and tech upstarts across the country plan to add to their staffs in 2011. Read more on San Jose Mercury News
Crisis control defines Obama presidency On the one-year anniversary of the BP spill, Obama’s presidency has been largely defined by moving from one challenge to the next. Read more on MSNBC
Obama urges Democrats help him “finish the job” President Barack Obama said on Thursday a Republican debt-reduction plan would create “a nation of potholes” as he used the first events of his 2012 re-election bid to strike a sharp contrast with his opponents. Read more on Reuters via Yahoo! News
Obama Treasury Celebrates Bailout Profits While Ignoring Costs, Legacy NEW YORK — On Wednesday, the Treasury Department celebrated the fact that its $250 billion investment in the nation’s banking system has officially made money. What’s more, the entirety of the federal government’s efforts to rescue a financial system that sowed the seeds of its own [...]
Powered by Yahoo! Answers
