Keyword: lew
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Sequestration, the measly slowdown in the growth rate of government spending, was President Obama and his Chief of Staff (now Treasury Secretary) Jacob Lew’s idea. Now President Obama has signed it into law. Today, I received an email from The White House explaining that it is all the Republicans fault for not closing tax loopholes on the wealthiest Americans. Furthermore, hundred of thousands of Americans will lose their jobs … or see their paycheck reduced. Dang, I wish Obama had thought of that in the first place!! Well, this is a better forecast that Maxine Waters’ (D-CA) prediction of 170...
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In his 1978 Harvard University honors thesis, current treasury secretary nominee and White House chief of staff Jacob “Jack” Lew wrote that Social Security payments should be a guaranteed right, regardless of whether the program’s “trust fund” contains enough money to distribute to beneficiaries. And progressive income taxes, he argued — not payroll taxes — should be used to fund the program to the point where America would guarantee benefit payments beyond what taxpayers have paid into the system. “Old age and Medicare benefits are guaranteed as a matter of right,” he noted, “even though many recipients draw more benefits...
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Writing for WaPo, and reported on by Politico, Woodward says that the White House was the initiator of this idea.
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Jack Lew, White House Chief of Staff doesn't know why ObamaCared doesn't apply to the WH staff (February 13, 2013).
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Jack Lew is not familiar with his investment in the Cayman Islands, which Pres. Obama attacked in 2009 (February 13, 2013).
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There are myriad reasons for conservatives to oppose Jack Lew’s nomination for Treasury Secretary. The fact that Lew recently held a substantial, and entirely legal, investment based in the Cayman Islands is not one of them. But shouldn’t liberals be livid? Last year, the Obama campaign and its surrogates furiously accused Mitt Romney of “betting against America” through his financial portfolio, which included foreign holdings — including some in the Cayman Islands. This ad painting the Republican nominee as an unpatriotic hypocrite was memorably unsparing in its demagoguery:
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An investment Jack Lew made in the Cayman Islands has been flagged as an issue in the Treasury secretary nominee’s vetting by the Senate Finance Committee, according to multiple sources close to the confirmation process. The White House says the investment was previously disclosed and is already a public matter. Republican staff “have told us that there are concerns,” said Sean Neary, a spokesman for Finance Committee Democrats. “This came out through the vetting process in prior confirmations. Once it was looked into deeper, it was determined that it was not an issue. Lew has been completely transparent and forthcoming...
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Barack Obama vilifies both “Wall Street speculators “who pay themselves big bonuses when times are bad” and the greedy top Two Percenters who do not pay “their fair share” by exploiting tax loopholes. With such strongly articulated views, his nominee for Secretary of Treasury, Jack Lew, and his current Secretary of Treasury, Timothy Geithner, appear to be unlikely choices for such a sensitive cabinet position. Jack Lew collected over two million dollars for his short stint at the collapsing Citigroup. Tim Geithner, whose earnings placed him in the top two percent, conveniently forgot to pay a substantial portion of his...
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Hagel, Brennan, Kerry ... and now Denis McDonough. President Barack Obama plans to name Deputy National Security Adviser Denis McDonough as his next chief of staff, a Democratic source briefed on the plans tells POLITICO. McDonough would replace Jack Lew, the communist Obama nominated to be his new Treasury secretary. Denis McDonough, Deputy National Security Advisor and a former senior fellow at the uber far left Center for American Progress, is the man most responsible for orchestrating the Benghazi jihad cover-up. McDonough rewrote the CIA talking points on Benghazi, misrepresenting the video, when the true motive behind the terrorist attack...
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Barack Obama is sending a pointed message to Republicans by nominating Jack Lew as Treasury Secretary: I'm not backing down from this budget fight. This is certainly a blow to any hope that Republicans might have had that Obama would flinch from his pledge not to negotiate over the debt ceiling. The president has said he will demand a clean bill raising the debt ceiling, unattached to any conditions or spending cuts. To call Lew's relationship with Capitol Hill Republicans strained would be an understatement. According to some on the Hill, there just is no relationship anymore. ... If Obama...
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In the wake of the financial meltdown, President Barack Obama derided Wall Street bonuses as “obscene,” calling them examples of “fat cats who are getting awarded for their failure.” But now, Mr. Obama has announced that he will nominate as his next Treasury secretary Jack Lew, a man who in 2009 bagged a $950,000 bonus after his bank, Citigroup, received billions in a taxpayer-funded bailout. Mr. Lew is the former chief operating officer of Citigroup’s Alternative Investments unit—a group that bet billions against homeowners paying their mortgages.
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President Obama will nominate current White House chief of staff Jack Lew on Thursday to replace outgoing Treasury secretary Timothy Geithner, according to several news reports. Republicans familiar with Lew, who was a key player in the debt-ceiling negotiations of 2011 as director of the Office of Management and Budget (OMB), say his nomination makes progress on tax and entitlement reform all the more unlikely in Obama’s second term. “We’ve always viewed him as a classic big-government liberal, someone who has consistently stood in the way of efforts to deal with our debt and deficit,” a senior House GOP aide...
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NOTE BELOW – from FNC’s Kara Rowland about Senator Jeff Sessions statements about the nomination of Jack Lew for Secretary of Treasury: —— Below you will find excerpts of a statement on Jack Lew from Sen. Jeff Sessions (R-Ala.) – his office is planning to release the statement in full once Lew’s nomination is official but we have permission to use these excerpts NOW. I’d suggest sourcing as something like “according to excerpts of a statement by Sen. Jeff Sessions made in anticipation of the nomination obtained by Fox.” Though I realize that’s wordy. Sessions is the top Republican on...
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Ouch! Nothing hurts quite as much as kicking yourself in the shin. It looks like low information voters across America are waking up from the personality party they’ve been at for the past few years to discover that not only do their shiny Obama-bucks not go as far as they use to, butt now they’re taking fewer of those bucks home. Man, who could have seen that coming? I mean, shoot(am I still allowed to say that?), read Big Guy’s lips. He promised, remember?(snip)READ MY LIPS: NO MORE TAXES! And yet people across the country – not just wealthy Republicans –...
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On CNN's State of the Union this morning, White House Chief of Staff Jack Lew was asked why President Obama asserted executive privilege for Attorney General Eric Holder over Fast and Furious documents when he railed against the use of executive privilege in 2007. Remember, President Obama campaigned on his administration being the "most transparent administration in history." White House Chief Of Staff Jacob Lew: “Candy, let’s go back to the facts. The facts are that this was a bad plan, this Fast and Furious. It’s something that started in the Bush Administration and the Attorney General did not know...
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On CNN's Sunday show State of the Union, anchor Candy Crowley again brought tough questions to a Democrat about President Obama's plan to impose on a burden on Catholic-affiliated schools, hospitals, and charities to subsidize contraception, sterilization, and abortifacients. New chief of staff Jacob Lew was asked if as an observant Jew, "was there anything about this that made you think twice when it first went out?" Lew athletically dodged that question. Crowley also asied if he could say "with a straight face that the insurance company's going to pick up the cost of this"? Lew dodged that as well.
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U.S. President Barack Obama is keeping a trend alive with new White House Chief of Staff Jacob Lew. You see, Lew has something in common with his predecessors: He spent years raking in millions on Wall Street. Like William M. Daley, who on Monday resigned from his post as chief of staff, and Rahm Emanuel, who vacated the position in 2009 to successfully run for mayor of Chicago, Lew has strong ties to the financial sector. Until 2009 he was the chief operating officer of Citigroup Alternative Investments, which made money betting against the housing market with controversial credit default...
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Obama's New Chief Of Staff Made Some Amazing Hedge Fund Investments At Citi Lisa Du Jan. 10, 2012, 3:50 PM Ever since it was announced that Jack Lew, current head of the Office of Management and Budget, would be President Barack Obama's new Chief of Staff to replace the departing William Daley, the media sphere has been abuzz with Lew's stellar political resume—having worked for several Congressmen and under both Bill and Hillary Clinton—and the fact that he is described as a "mild-mannered and steady technocrat," enjoying bi-partisan support. But the incoming chief has another facet to his work history—he's...
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Santa Clara native was apparently prone to sleeping on guard duty; fellow Marines took to disciplining him.U.S. Marine Corps Lance Corporal Harry Lew took his own life in his foxhole in Afghanistan after he was kicked and punched by fellow Marines, military officials tell NBC Bay Area news. An investigation into the 21-year-old's April death says Lew "leaned over his M249 squad automatic weapon as it pointed to the sky, placed the muzzle in his mouth and pulled the trigger." Lew wrote on his arm: "may hate me now, but in the long run this was the right choice I'm...
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A review of Mr. Obama's calendar as posted on the White House Website, shows that the president failed to hold even one meeting with his highly touted Economic policy adviser, Gene Sperling, appointed earlier this year. During the same period from January through June, the Vice President, Joe Biden, conducted 6 meetings with Mr. Sperling on March 29 and 30, on April 15, 24 and 28 and on May 4th. more here
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