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Latest Articles: Obama Wars
Cramer: Obama Forcing U.S. Investors Overseas
Post Date: 2010-02-01 16:05:10 by Badeye
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Cramer: Obama Forcing U.S. Investors Overseas Monday, 01 Feb 2010 10:53 AM Article Font Size By: Dan Weil CNBC commentator Jim Cramer says President Obama is picking a fight with the stock market and that investors should turn overseas as a result. “We have a president who is kind of turning on the stock market in a populist way,” Cramer said on the air. “If you’re a populist, you think that the stock market is for rich people. I hear that kind of thing in his voice, and it makes me say, ‘Maybe I should now focus on foreign stocks.'” Cramer recommends that investors lift foreign stock holdings to 25 percent of their portfolios, up from 20 percent ...
Obama's Budget -- What Was He Thinking?
Post Date: 2010-02-01 15:50:29 by Badeye
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Obama's Budget -- What Was He Thinking? By Ryan Ellis - FOXNews.com If you favor higher taxes, support more government spending and would like to see our national debt increase, then you're going to love the new Obama budget! print email share recommend (0) With the usual Beltway fanfare, President Obama released his FY 2011 budget this morning. What does it say about where the country is going under the Obama-Pelosi-Reid leadership? What’s going to happen with taxes? Has the president learned any lessons from his party’s electoral defeats in November and January? Let’s start with the basics. Historically (meaning, since 1960 or so), federal taxes have averaged ...
Obama's Budget -- Straight From La La Land
Post Date: 2010-02-01 15:47:36 by Badeye
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Obama's Budget -- Straight From La La Land By Peter Morici - FOXNews.com The budget presented by our president today could only have been written by Rosie Scenario. print email share recommend (2) Reuters Today, President Obama released his proposed 2011 budget, which forecasts the federal deficit will fall to $706 billion by 2014 or just 3.9 percent of GDP before rising again in 2015. To accomplish this feat, he proposes letting the Bush tax cuts expire and other spending cuts the Congress has rejected in the past. More extraordinary, though, the document assumes that real GDP grows at better than 4 percent a year over the four years from 2011 to 2014, and the economy does not ...
Ponzi on the Potomac
Post Date: 2010-02-01 13:01:51 by Badeye
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Ponzi on the Potomac By: Gov. Tim Pawlenty February 1, 2010 04:59 AM EST The U.S. attorney general recently announced that the Justice Department is beefing up its efforts to fight financial fraud such as Ponzi schemes. Good. The agency should start by reviewing the spending habits of the federal government, which is running the largest Ponzi scheme our country has ever seen. In a Ponzi scheme, organizers create the illusion of profit for early investors by siphoning money from later participants. It works until there is not enough income to pay the promised dividends, exposing the fraud and leaving everyone broke. That is essentially what the federal government is doing, as it continues ...
January death rate signal of tough year in Afghan war
Post Date: 2010-02-01 12:34:42 by Badeye
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January death rate signal of tough year in Afghan war Jan 31 01:54 AM US/Eastern Valley of Death: NBC News Crew Captures Major Firefight Inside Afghanistan The Afghan war has notched up another grisly record, with the number of international troops to die in the fight against the Taliban the highest for the month of January since the war began. With tens of thousands more international troops being deployed to Afghanistan this year, analysts and officials are warning the deaths of 44 foreign soldiers in January is a sign of things to come. The record death toll comes as the Kabul government and its international partners shift the war's emphasis from battleground to development, ...
Roubini Sees ‘Dismal’ Growth as Summers Rues ‘Human Recession’
Post Date: 2010-02-01 12:32:25 by Badeye
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Roubini Sees ‘Dismal’ Growth as Summers Rues ‘Human Recession’ By Simon Kennedy and Erik Schatzker Feb. 1 (Bloomberg) -- Nouriel Roubini, the New York University professor who anticipated the financial crisis, said the U.S. growth outlook remains “very dismal” and White House economic adviser Lawrence Summers said the economy is still mired in a “human recession.” Speaking at the World Economic Forum’s annual meeting in Davos, Switzerland, after the U.S. reported the fastest growth in six years, their comments underscored concern that that emergency measures to rescue banks and fight the recession may be withdrawn too soon. “The headline ...
Obama Sends Congress $3.8 Trillion Budget, Soaring Deficits Projected
Post Date: 2010-02-01 12:28:09 by Badeye
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Obama Sends Congress $3.8 Trillion Budget, Soaring Deficits Projected FOXNews.com President Obama sent Congress a $3.8 trillion budget Monday for fiscal year 2011, pushing a plan that includes new jobs-creation programs but is projected to add $1.3 trillion in deficit spending on top of the current year's projected $1.6 trillion deficit. The cover of President Obama's 2011 budget is seen as copies are unpacked for distribution to Senate staff on Capitol Hill Feb. 1. (Reuters Photo) President Obama sent Congress a $3.8 trillion budget Monday for fiscal year 2011, pushing a plan that includes new jobs-creation programs but is projected to add nearly $1.3 trillion in deficit ...
Rigging the Numbers - We have not “convicted 195 terrorists in federal court since 2001.”
Post Date: 2010-02-01 10:48:18 by Badeye
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Rigging the Numbers We have not “convicted 195 terrorists in federal court since 2001.” It is welcome news that the Obama administration has reversed its irrational decision to try Khalid Sheikh Mohammed and four other 9/11 plotters in Manhattan’s federal court. So far, however, the administration has merely — and grudgingly — begun to climb out of this hole of its own making. The president seems more poised to move his error than to correct it. Reports indicate that the administration thinks the challenge now is to find a new location in which to proceed with the same ill-advised civilian prosecution. Instead, the idea at this point should be to build a ...
White House Considers Moving 9/11 Trial Out of New York City
Post Date: 2010-01-29 09:25:55 by Badeye
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White House Considers Moving 9/11 Trial Out of New York City By Major Garrett - FOXNews.com Senior administration officials confirm alternative trial locations are being sought because Congress is almost sure to deny President Obama the funds necessary to proceed with its original plan print email share recommend (3) AP March 2003: Khalid Sheikh Mohammed is seen shortly after his capture during a raid in Pakistan. Bowing to intense and deepening bipartisan opposition to conducting the criminal trials for the 9/11 hijackers in the heart of New York City, the Obama White House has begun discussing alternate locations with the Justice Department, senior administration officials told Fox ...
Barry Hussein Obama blinks: orders Justice Department to look for other places to hold 9/11 circus trial
Post Date: 2010-01-28 22:24:27 by Happy Quanzaa
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Alleged 9/11 mastermind Khalid Sheikh Mohammed his arrest in March 2003. The White House ordered the Justice Department to consider other places to try the 9/11 terror suspects after a wave of opposition to holding the trial in lower Manhattan. The White House took the action hours after Mayor Bloomberg called Attorney General Eric Holder to say he would "prefer that they did it elsewhere." "It would be an inconvenience at the least, and probably that's too mild a word for people that live in the neighborhood and businesses in the neighborhood," Bloomberg told reporters. "There are places that would be less expensive for the taxpayers and less disruptive ...
GOP lawmaker introduces bill to ban terror trials from civilian courts and NYC
Post Date: 2010-01-28 15:01:20 by Badeye
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GOP lawmaker introduces bill to ban terror trials from civilian courts and NYC By Jordan Fabian - 01/28/10 02:03 PM ET The ranking Republican on the House Homeland Security Committee on Thursday introduced legislation that would prevent the 9/11 terror trials from taking place in New York City. Rep. Pete King (R-N.Y.), who represents New York City suburbs on Long Island, told the Associated Press that his bill would cut off Justice Department funding for moving Guantanamo Bay detainees to civilian courts. The Obama administration announced last year that it would hold a trial for so-called 9/11 mastermind Khalid Sheikh Mohammad and four others in civilian courts in Manhattan. King ...
Obama Received a $101,332 Bonus from AIG
Post Date: 2010-01-28 14:54:28 by Badeye
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Obama Received a $101,332 Bonus from AIG March 17, 3:01 PMRight Side Politics ExaminerDan SpencerPrevious AP Photo/Ron EdmondsSenator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to Opensecrets.org. The two biggest Congressional recipients of bonuses from the A.I.G. are - Senators Chris Dodd and Senator Barack Obama. The A.I.G. Financial Products affiliate of A.I.G. gave out $136,928, the most of any AIG affiliate, in the 2008 cycle. I would note that A.I.G.’s financial products division is the unit that wrote trillions of dollars’ worth of credit-default swaps and "misjudged" the risk. ...
Wasserman Schultz: GOPs who didn't cheer tax cuts 'not rooting for America'
Post Date: 2010-01-28 13:40:45 by Badeye
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Wasserman Schultz: GOPs who didn't cheer tax cuts 'not rooting for America' By Walter Alarkon - 01/28/10 12:32 AM ET Democrats are blasting Republicans for sitting on their hands when President Barack Obama touted the middle-class tax cuts in the stimulus during his State of the Union speech Wednesday. Just after the president pointed out that the Democrats' $787 billion stimulus included tax cuts for the middle class, small businesses and first-time homebuyers, congressional Democrats stood and applauded while Republicans remained seated. "I thought I'd get some applause on that," he said, pointing at the side of the House chamber where the Republicans were ...
Senate Rejects Partial Freeze on Domestic Spending
Post Date: 2010-01-28 13:36:44 by Badeye
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Senate Rejects Partial Freeze on Domestic Spending AP Just days after President Obama endorsed a partial freeze on domestic spending, his Democratic allies in the Senate have rejected a plan attempting to do pretty much the same thing. print email share recommend (0) Just days after President Obama endorsed a partial freeze on domestic spending, his Democratic allies in the Senate have rejected a plan attempting to do pretty much the same thing. Old-school Democrats were the driving force in killing the bipartisan legislation, sponsored by Alabama Republican Jeff Sessions and Missouri Democrat Claire McCaskill. Their plan was slightly modified version of Obama's that would have ...
A Hillary Clinton Primary Challenge to Obama in 2012?
Post Date: 2010-01-28 12:36:01 by Badeye
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A Hillary Clinton Primary Challenge to Obama in 2012? January 27, 2010 04:42 PM ET | Peter Roff | Permanent Link | Print By Peter Roff, Thomas Jefferson Street blog When President Barack Obama asked New York Sen. Hillary Clinton to join his cabinet as secretary of state, the move was widely praised. Clinton, his principal rival for the 2008 Democratic presidential nomination, added a measure of gravitas to his team of advisers and would, it was suggested, help unite the president's party at a time the Republicans appeared to be on the verge of complete collapse. At the time, comparisons were made to Abraham Lincoln. Historian Doris Kearns Goodwin recounts in her book Team of Rivals ...
Obama Misrepresents the Citizens United Decision
Post Date: 2010-01-28 12:26:46 by Badeye
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Obama Misrepresents the Citizens United Decision [Shannen Coffin] The Supreme Court is not — and certainly should not — be above criticism. President Bush made it a point not to criticize the Court’s detainee decisions in Hamdan and Rasul — and probably missed a political opportunity. But he apparently considered it unpresidential to attack Court rulings. By contrast, President Obama displayed an utter lack of tact in his criticism of the Court’s decision in Citizens United. Obama preened for political applause while members of the Court had to sit stoically on their hands. That Justice Alito betrayed his feelings in a minor way is understandable — and not ...
After Obama rips lobbyists, K St. insiders get private briefings
Post Date: 2010-01-28 12:21:35 by Badeye
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After Obama rips lobbyists, K St. insiders get private briefings By Bob Cusack - 01/28/10 11:02 AM ET A day after bashing lobbyists, President Barack Obama’s administration has invited K Street insiders to join private briefings on a range of topics addressed in Wednesday’s State of the Union. The Treasury Department on Thursday morning invited selected individuals to “a series of conference calls with senior Obama administration officials to discuss key aspects of the State of the Union address.” The invitation, which went to a variety of stakeholders, was sent by Fred Baldassaro, a senior adviser at the Treasury Department’s Office of Business Affairs and ...
AP’s ten whoppers from the SOTU speech
Post Date: 2010-01-28 12:18:10 by Badeye
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AP’s ten whoppers from the SOTU speech « on: Today at 11:14:44 AM » http://hotair.com/archives/2010/01/28/aps-ten-whoppers-from-the-sotu-speech/ AP’s ten whoppers from the SOTU speech posted at 9:30 am on January 28, 2010 by Ed Morrissey Only ten? Maybe the Associated Press got as tired as everyone else listening to Barack Obama’s lengthy State of the Union speech last night and stopped paying attention after an hour. AP’s headline focuses on the “toothless commission” that Obama demanded, but the other nine fails on their fact-check test are just as interesting and revealing (via Geoff A): Quote President Barack Obama told Americans the ...
Health Care Reform Vaporizes Obama Presidency
Post Date: 2010-01-28 12:14:40 by Badeye
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Health Care Reform Vaporizes Obama Presidency By Monty Pelerin In the fledgling days of the personal computer industry, software vendors frequently announced products that were not yet ready for release. The term "vaporware" was coined to describe such software. Most of these products never reached the marketplace; some that were sold to the public should not have been. The recent health care reform effort was nothing more than a modern-day, political version of vaporware -- or, more aptly, VaporCare. The VaporCare bill never reached a point where it was ready for "release." In software terminology, the legislation was nothing but "spaghetti code." It was ...
A numbers breakdown of the SOTU: Obama refers to himself 114 times
Post Date: 2010-01-28 10:43:54 by Badeye
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A numbers breakdown of the SOTU: Obama refers to himself 114 times January 27, 10:09 PM Des Moines Conservative Examiner Kevin Hall Obama talking about his favorite person, himself By my count from watching the speech, here is a numbers breakdown of Obama's first State of the Union: 114 - The staggering number of times Obama referred to himself. He said "I" 96 times, and used "my" or "me" 18 times. For example: "When I ran for president, I promised I wouldn't just do what was popular, I would do what was necessary." Barack Obama's favorite person is still Barack Obama. 86 - Times Obama was interrupted by applause, almost always by ...
Trashing the Job Makers
Post Date: 2010-01-28 10:37:13 by Badeye
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Trashing the Job Makers Victor Davis Hanson Thursday, January 28, 2010 A year ago Barack Obama inherited a recession brought on by financial panic following the collapse of the housing bubble. The market crash was made worse by Wall Street shenanigans and recklessness at Freddie Mac and Fannie Mae. Job losses followed. In response, Obama pushed through a stimulus bill that went well beyond the borrowing done by George W. Bush in his last months in office. In fact, Obama and the Congress borrowed an additional $787 billion to infuse the economy with fresh job-creating cash. The president warned us that without this borrowing, unemployment might reach double digits. Yet with the stimulus, ...
Daily Presidential Tracking Poll -17 (Rasmussen)
Post Date: 2010-01-28 10:32:08 by Badeye
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Daily Presidential Tracking Poll Thursday, January 28, 2010 Email to a Friend ShareThis.Advertisement The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows that 25% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-two percent (42%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -17 (see trends). Rasmussen Reports has compiled a summary of voters views on topics raised in the State-of-the-Union Address. Later today, data will be released on the president’s proposed freeze on discretionary spending. Voters strongly believe that cutting taxes is a better job creation tool than ...
Reality check: Obama gropes for a strategy
Post Date: 2010-01-28 10:15:51 by Badeye
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Reality check: Obama gropes for a strategy By: John F. Harris January 28, 2010 02:22 AM EST President Barack Obama on Wednesday night tacked to the right with appeals for tax cuts for small business and new investments in off-shore oil drilling and nuclear power. He tacked to the left with renewed vows to let gays serve in the military and to get U.S. troops out of Iraq. He sounded at times like a Bill Clinton-style centrist, at others like a bank-bashing populist. He taunted Republicans, and also presented himself as a lonely tribune of cooperation and bipartisan civility in Washington. In a favorable light, his State of the Union speech may have revealed the mind of a leader who has ...
Obama's answer for America: more of me
Post Date: 2010-01-28 09:32:36 by Badeye
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Obama's answer for America: more of me Comments: 2 Last Updated: 7:14 AM, January 28, 2010 Posted: 3:00 AM, January 28, 2010 There's a story of an ex hausted tenor at La Scala who, facing repeated cries of "Encore," responded that he couldn't go on. A man rose in the audience to say, "You'll keep singing until you get it right." That seems to be the defining principle of the Obama administration -- whose response to every problem, every setback, every hiccup and challenge has been, simply, "more Obama." Indeed, for people who aren't sticklers for political jargon, it will be a shock that last night was Obama's first State of the ...
Obama's Sorry State of the Union Speech
Post Date: 2010-01-28 09:30:29 by Badeye
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Obama's Sorry State of the Union Speech By Kevin McCullough - FOXNews.com President Obama's State of the Union address was an incoherent, disorganized, and most regrettably defiant, mess of a speech. print email share recommend (0) At roughly 9:48pm EST, in the midst of President Obama's first State of the Union address he begged us to "let him know!" The president was defending his push for his vision of universal health care when he threw down the challenge in a speech that seemed strangely and wholly disconnected from the experience of the average American family. As far as expectations for the State of the Union the president's speech was a sizable ...
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