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Keyword: spreadingthewealth

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  • (Obama-Nation) Economic Study Suggests We're Heading For A Blade Runner Future

    03/01/2014 10:01:37 AM PST · by DogByte6RER · 15 replies
    io9 ^ | February 19, 2014 | Annalee Newitz
    Economic study suggests we're heading for a Blade Runner future Earlier this month, a group of economists released the results of a massive study looking at the economic prospects of people from across the United States. What they found was that the U.S. is like a patchwork quilt of different countries, where some regions offer people the economic prospects of a typical developed nation — and other regions are more like a developing country. This study debunks a few myths about the United States, including the idea that wealthy nations have wealthy citizens. It's a powerful reminder that nations are...
  • Two men charged with stealing $50,000 from Obama Chicago campaign headquarters

    09/22/2012 7:55:13 PM PDT · by tellw · 26 replies
    Chicago Sun-Times ^ | 9/22/12 | Tina Sfondeles
    Two men were behind bars for allegedly stealing more than $50,000 in checks from President Barack Obama’s Chicago campaign headquarters. Jessie Adams, 36, of the 1100 block of Spencer Road in Joliet, was charged with one count of being an organizer of a financial crime enterprise.
  • Solyndra Was Not The Only Failure

    04/30/2012 2:30:35 AM PDT · by Cincinatus' Wife · 15 replies
    The American Thinker ^ | April 30, 2012 | Warren Beatty
    ....Obama was emphatic about how recovery money was to be spent......Eighty percent of the Department of Energy's (DOE) green loans, loan guarantees, and grants went to Obama backers.... ...In March 2011, for example, the GAO examined the first 18 loans that were approved and found that none were properly documented. ... No notes were kept during the review process..... Schweizer concludes, "DOE Inspector General Gregory Friedman......testified that contracts have been steered to "friends and family." So with all that in mind, let's turn our attention to what has actually happened since Obama took office. * SunPower, after receiving $1.5 billion...
  • Wikileaks: Major UN Climate Programme ‘Basically A Farce’

    09/30/2011 11:11:44 AM PDT · by Ernest_at_the_Beach · 14 replies
    watts up with that? ^ | September 30, 2011 | Anthony Watts
    Newsbytes from Dr. Benny Peiser at The Global Warming Policy FoundationA diplomatic cable published last month by the WikiLeaks website reveals that most of the UN’s Clean Development Mechanism (CDM) projects in India should not have been certified because they did not reduce emissions beyond those that would have been achieved without foreign investment. Indian officials have apparently known about the problem for at least two years. The revelations imply that millions of tonnes of claimed reductions in greenhouse-gas emissions are mere phantoms, she says, and potentially cast doubt over the principle of carbon trading. –Quirin Schiermeier, Nature News, 27...
  • Michigan to get $160M for high-speed rail projects (to Detroit)

    10/25/2010 3:07:04 PM PDT · by earlJam · 51 replies · 2+ views
    Detroit Free Press | 10/25/10
    Posted: 4:21 p.m. Oct. 25, 2010 Michigan to get $160M for high-speed rail projects link only http://www.freep.com/article/20101025/NEWS06/101025042/1318/State-to-get-160M-for-rail-projects
  • Paralysis By Taxation

    09/04/2010 6:17:57 AM PDT · by Kaslin · 7 replies
    IBD Editorials ^ | September 3, 2010 | Investors Business Daily staff
    Recession: The Democrats' politicized housing and mortgage policies pushed our economy into its worst downturn since the Great Depression. So, of course, it's a perfect time for the biggest tax increase in history. Why is the economy still paralyzed after the president's much-touted "Recovery Summer"? It may be that private investment, too, has been immobilized. With unemployment now up to 9.6%, Americans fear that the economy won't get moving again anytime soon. As a new report from Americans for Tax Reform shows, that fear is completely rational. The report outlines the impact of the largest-ever tax hike that's coming in...
  • Rose Garden Thorn

    08/13/2010 5:47:32 PM PDT · by Kaslin · 5 replies
    IBD Editorials ^ | August 13, 2010 | Investors Business Daily staff
    Federal Spending: When the president urged Congress last week to pass $26 billion in emergency aid to help save the jobs of laid-off teachers, one of his human props was out of place. It was a mistake he may regret. Flanked in the Rose Garden by teachers, President Obama said last Tuesday: "We can't stand by and do nothing while pink slips are given to the men and women who educate our children or keep our communities safe." Later in the day, Obama signed the bill that Democrats say will save the jobs of 300,000 teachers and police officers who've...
  • Slow Poison

    07/30/2010 5:25:29 PM PDT · by Kaslin · 7 replies
    IBD Editorials ^ | July 30, 2010 | Investors Business Daily staff
    Economy: Disappointing GDP growth of 2.4% in the second quarter signals that our "recovery" isn't what it's cracked up to be. But then, how could it be when politicians have been trying to kill it for years? How do you keep an economy from digging itself out of a major recession? One surefire method is massively expanding a government whose major programs are already on their way to bankruptcy, then sitting idly by as major tax increases arrive. The Democratic Congress has spent a trillion dollars on a failed Keynesian stimulus that promised millions of jobs that never materialized. They...
  • Maryland Becomes Second State to Offer Federally Funded Abortions Under Obamacare

    07/19/2010 2:37:45 AM PDT · by Cindy · 41 replies · 2+ views
    CNS NEWS.com ^ | July 16, 2010 | by Matt Cover
    SNIPPET: "(CNSNews.com) - Maryland will join Pennsylvania as the second state to use federal tax dollars to pay for abortions under the new health care law signed by President Barack Obama in March, according to information released by Maryland’s State Health Insurance Plan. Maryland will receive $85 million in federal funds for its federally mandated high-risk insurance pool, which will cover abortions. As CNSNews.com reported on July 14, Pennsylvania will receive $160 million in federal funds for its high-risk insurance pool, which will also cover abortions."
  • Obama's Christianity Requires As a Politician He Redistributes White America's Wealth

    07/16/2010 1:46:32 PM PDT · by Pacothecat · 38 replies · 1+ views
    Obama's Christianity Requires As a Politician He Redistributes White America's Wealth http://www.youtube.com/watch?v=hwEHyHyPZFs Naked Emepror News
  • Oakland police looking for looting suspects

    07/15/2010 3:27:44 PM PDT · by artichokegrower · 8 replies
    San Francisco Chronicle ^ | July 15, 2010 | Henry K. Lee
    Oakland police released photos today and asked for the public's help in identifying people who engaged in looting and vandalism during last week's downtown protest over the involuntary-manslaughter verdict of a former BART police officer in the fatal shooting of an unarmed rider. The people in the photos are "involved criminal activity" and could face arrest and prosecution, said Officer Jeff Thomason, a police spokesman.
  • Obama's next act

    07/15/2010 10:51:14 PM PDT · by george76 · 33 replies
    Washington Post ^ | July 16, 2010 | Charles Krauthammer
    In the political marketplace, there's now a run on Obama shares. The left is disappointed with the president. Independents are abandoning him in droves. And the right is already dancing on his political grave, salivating about November when, his own press secretary admitted Sunday, Democrats might lose the House. I have a warning for Republicans: Don't underestimate Barack Obama. Obama is down, but it's very early in the play. Like Reagan, he came here to do things. And he's done much in his first 500 days. What he has left to do he knows must await his next 500 days...
  • Robert Reich is Clueless

    07/12/2010 12:33:34 PM PDT · by Kaslin · 28 replies
    Townhall.com ^ | July 12, 2010 | Bruce Bialosky
    You may remember Robert Reich -- he served as Secretary of Labor during Bill Clinton’s first term. Mr. Reich has fashioned himself as an economist since he left that lofty federal post, and he frequently leads the argument for positions on the left wing of the Democratic Party while attempting to present himself as a man of reason. He has once more pontificated the left-wing position on the problems of our stagnant economy and thereby shows how lost the left continues to be regarding a free-market economy. Reich is certainly a smart man, a very educated man and a very...
  • Gov't awards $234 million in AmeriCorps expansion

    06/07/2010 6:55:13 AM PDT · by MollyKuehl · 34 replies · 168+ views
    Washington Post ^ | ANN SANNER
  • Commentary: Where Does Obama Get the Authority to ‘Inform’ a Private Co. to Surrender Its Money?

    06/15/2010 8:59:29 PM PDT · by Qbert · 95 replies · 1,768+ views
    CNSNews ^ | 6/15/2010 | Terence P. Jeffrey
    (CNSNews.com) - In his first-ever address from the Oval Office on Tuesday night, President Barack Obama said he was going to “inform” the chairman of BP that he must surrender the company’s money to an independent party that will distribute it to people and businesses determined to have been harmed by the oil spill in the Gulf of Mexico. The president’s declaration raises a serious constitutional question about his authority: Where does the president get the lawful power to order any private-sector company—BP or any other—that it must surrender its money? Should not courts and normal legal proceedings determine who is responsible, who has...
  • Politicizing the Fed -- Congress seeks more control over the 12 regional banks (GRAPHIC WARNING!)

    06/13/2010 5:57:59 PM PDT · by GOP_Lady · 16 replies · 965+ views
    The Wall Street Journal ^ | 06-14-10 | The Wall Street Journal Editorial Staff
    For 97 years the 12 regional banks of the Federal Reserve system have operated relatively free of political interference from Washington. The looming financial reform bill threatens that independence, not least through an effort to impose new presidential appointees at the regional banks. The biggest underreported threat comes from Subtitle I, Section 1801 of the House financial reform bill titled "Inclusion of Minorities and Women; Diversity in Agency Workforce." Sponsored by California Democrat Maxine Waters, the provision requires each federal financial agency, the Fed Board of Governors and the 12 regional Fed banks to "establish an Office of Minority and...
  • Obama: Is He Helping Or Hurting Your Business?

    04/17/2010 6:14:39 PM PDT · by CutePuppy · 24 replies · 800+ views
    ChannelWeb ^ | March 29, 2010 | Steven Burke
    Obama: Is He Helping Or Hurting Your Business? Timothy Shea has been providing IT solutions for 21 years and has never worked as hard or felt as much economic pressure. Shea, CEO and senior consultant at Alpha NetSolutions, a solution provider based in Marlborough, Mass., says his income as the owner of an "S" corporation that files a personal tax return has dropped 25 percent from 2007 to 2009. At the same time, the health-care costs for his eight-employee, $1.2 million business have doubled over the past three years. Shea is one of many small-business solution providers interviewed for this...
  • What Was Obamacare Really About?

    04/06/2010 3:31:52 AM PDT · by Cindy · 21 replies · 536+ views
    TOWNHALL.com ^ | April 5, 2010 | Byron York
    It hasn't attracted much notice, but recently some prominent advocates of Obamacare have spoken more frankly than ever before about why they supported a national healthcare makeover. It wasn't just about making insurance more affordable. It wasn't just about bending the cost curve. It wasn't just about cutting the federal deficit. It was also about redistributing wealth. Health reform is "an income shift," Democratic Sen. Max Baucus said on March 25. "It is a shift, a leveling, to help lower-income, middle-income Americans." In his halting, jumbled style, Baucus explained that in recent years, "the maldistribution of income in America has...
  • (Obama's) Backdoor Energy Tax

    04/05/2010 4:18:33 PM PDT · by raptor22 · 20 replies · 983+ views
    Investor's.com ^ | April 5, 2010 | Editorial staff
    Pollution Control: From cars to coal mines, the imposition of economy-killing restrictions is under way. Are the new EPA regulations on auto emissions the precursor to regulating carbon dioxide by executive order? In announcing the Environmental Protection Agency's first regulations on greenhouse gas (GHG) emissions from cars, Administrator Lisa Jackson has promised they won't be the last such rules stemming from the EPA's "endangerment finding" that carbon dioxide, six pounds of which every human being exhales every day, is a dangerous pollutant. "These are the first regulations that cover greenhouse gas emissions in the United States," Jackson told reporters in...
  • The Real Cost Of ObamaCare

    02/24/2010 4:45:44 PM PST · by Kaslin · 3 replies · 303+ views
    Investors.com ^ | February 24, 2010 | INVESTORS BUSINESS DAILY Staff
    Health Reform: The linchpin of ObamaCare 2.0 is that 31 million uninsured will be covered at little added cost. But in fact, White House estimates for low costs are based on little more than accounting tricks. The president's plan "puts our budget and economy on a more stable path by reducing the deficit by $100 billion over the next 10 years — and about $1 trillion over the second decade — by cutting government overspending and reining in waste, fraud and abuse," the White House says on its Web site. Sound too good to be true? It is. None of...
  • ObamaCare at Ramming Speed

    02/22/2010 5:31:39 PM PST · by La Lydia · 69 replies · 1,945+ views
    Wall Street Journal ^ | February 22, 2010
    Three days before President Obama's supposedly bipartisan health-care summit, the White House released a new blueprint that Democrats say they will ram through Congress with or without Republican support. So after election defeats in Virginia, New Jersey and even Massachusetts, and amid overwhelming public opposition, Democrats have decided to give the voters want they don't want anyway. Ah, the glory of "progressive" governance and democratic consent. "The President's Proposal," as the White House document is headlined, is in one sense a notable achievement: It manages to take the worst of both the House and Senate bills and combine them into...
  • Here it comes - Obama to Give Black Farmers $1.25B in Reparations (more redistribution)

    02/21/2010 11:25:08 PM PST · by BP2 · 161 replies · 6,821+ views
    NewsMax ^ | Sunday, 21 Feb 2010 09:55 PM | Theodore Kettle
    Black farmers – possibly over 70,000 of them – will get cash payments and debt relief from the federal government totaling $1.25 billion, in reparation for alleged racial discrimination suffered under the Department of Agriculture’s loan programs, the Obama Administration has agreed. The president announced the deal on Thursday, applauding Agriculture Secretary Tom Vilsack and Attorney General Eric Holder for “bringing these long-ignored claims of African American farmers to a rightful conclusion.” The Washington Post called the settlement “part of a wider effort by Obama and senior officials to dispense with lawsuits stemming from America’s checkered civil rights legacy.”...
  • REV. PETERSON: “IS THIS THE WHITE HOUSE, OR BIG MAMMA’S HOUSE?

    02/16/2010 1:27:16 PM PST · by NewDestiny · 21 replies · 1,122+ views
    Christian Newswire ^ | 2/16/10 | Ermias Alemayehu
    FOR IMMEDIATE RELEASE!!! February 16, 2010 Contact: (323) 556-2623 REV. PETERSON: “IS THIS THE WHITE HOUSE, OR BIG MAMMA’S HOUSE?” LOS ANGELES—Rev. Jesse Lee Peterson, Founder and President of BOND Action, is criticizing First Lady Michelle Obama’s “Let’s Move” campaign targeting childhood obesity as one more attempt by the administration to control and encroach on the freedoms of the American people. The following is Rev. Peterson’s statement regarding this matter:
  • To the ObamaCare Barricades (WARNING: Illegal Health Care is coming with the Public Option)

    02/20/2010 3:01:17 AM PST · by The Raven · 46 replies · 1,573+ views
    Wall St Journal ^ | Feb 20, 2010 | editorial
    [snip] Liberals are making a bid to restore the "public option," ObamaCare's most controversial and destructive inspiration. Some 18 Senators as we went to press—led by Colorado's Michael Bennet and growing to include New York's Chuck Schumer on Thursday—have endorsed slipping this government-run insurance entitlement in the reconciliation process that would let Democrats abuse Senate rules to hustle ObamaCare into law with 50 votes. Vehemence among House progressives is also at a fever pitch, though it always is. Health and Human Services Secretary Kathleen Sebelius joined the mob, telling MSNBC's Rachel Maddow that if the public option is "part of...
  • Class Warfare's Next Target: 401(k) Savings

    02/17/2010 5:40:59 PM PST · by Kaslin · 173 replies · 4,781+ views
    Investors.com ^ | February 17, 2010 | NEWT GINGRICH AND PETER FERRARA
    You did the responsible thing. You saved in your IRA or 401(k) to support your retirement, when you could have spent that money on another vacation, or an upscale car, or fancier clothes and jewelry. But now Washington is developing plans for your retirement savings. BusinessWeek reports that the Treasury and Labor departments are asking for public comment on "the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams." In plain English, the idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit...
  • White House Announces Global Technology and Innovation Fund

    10/24/2009 2:45:50 AM PDT · by Cindy · 25 replies · 1,748+ views
    WHITEHOUSE.gov ^ | October 23, 2009 | n/a
    Note: The following text is a quote: THE BRIEFING ROOM THE WHITE HOUSE Office of the Press Secretary ___________________________________________________________________________ For Immediate Release October 23, 2009 White House Announces Global Technology and Innovation Fund During his speech in Cairo on June 4, the President announced that the United States would "launch a new fund to support technological development in Muslim-majority countries." As the latest step in delivering on this commitment, the Overseas Private Investment Corporation announced this week a call for proposals for a Global Technology and Innovation Fund. This fund will help catalyze and facilitate private sector investments that promote...
  • ...High Speed Intercity Passenger Rail Program: Cleveland-Columbus-Dayton-Cincinnati

    01/27/2010 6:41:40 PM PST · by Cindy · 48 replies · 1,084+ views
    WHITEHOUSE.gov ^ | January 27, 2010 | n/a
    Note: The following text (minus the graph) is a quote: http://www.whitehouse.gov/the-press-office/fact-sheet-high-speed-intercity-passenger-rail-program-cleveland-columbus Home • Briefing Room • Statements & Releases The White House Office of the Press Secretary For Immediate Release January 27, 2010 Fact Sheet: High Speed Intercity Passenger Rail Program: Cleveland - Columbus - Dayton - Cincinnati Awardees: Ohio Department of Transportation Total Approximate Funding (entire corridor): $400,000,000 Benefiting State: Ohio Miles of Track: New - 250 miles This new corridor connects four major metropolitan areas in Ohio: Cleveland, Columbus, Dayton, and Cincinnati. This significant route, named the “3C Corridor,” has a length of 250 miles and will serve...
  • Remarks by the President and Vice President at Middle Class Task Force Meeting

    01/27/2010 6:33:47 PM PST · by Cindy · 224+ views
    WHITEHOUSE.gov ^ | January 25, 2010 | n/a
    Note: The following text is a quote: http://www.whitehouse.gov/the-press-office/remarks-president-and-vice-president-middle-class-task-force-meeting Home • Briefing Room • Speeches & Remarks The White House Office of the Press Secretary For Immediate Release January 25, 2010 Remarks by the President and Vice President at Middle Class Task Force Meeting Room 430, Eisenhower Executive Office Building 11:47 A.M. EST THE VICE PRESIDENT: Hey, folks. A year ago when President Obama established the Middle Class Task Force and asked me to chair it -- and I might add, we were only in office I think two days, Melody, when he set up this Middle Class Task Force --...
  • The President to Wall Street: "We Want Our Money Back, and We're Going to Get It"

    01/15/2010 1:48:01 AM PST · by Cindy · 18 replies · 946+ views
    WHITEHOUSE.gov ^ | January 14, 2010 at 03:59 PM EST | Posted by Jesse Lee
    Note: The following text is a quote: http://www.whitehouse.gov/blog/2010/01/14/president-wall-street-we-want-our-money-back-and-were-going-get-it Home • The White House Blog The White House Blog The President to Wall Street: "We Want Our Money Back, and We're Going to Get It" Posted by Jesse Lee on January 14, 2010 at 03:59 PM EST Read the Transcript | Download Video: mp4 (137MB) | mp3 (6MB) Discussing Wall Street executives' reaction to his proposed new fees on major banks, the President delivered a simple message: "Instead of sending a phalanx of lobbyists to fight this proposal, or employing an army of lawyers and accountants to help evade the fee,...
  • Seniors are America's new Jews

    12/27/2009 12:36:36 AM PST · by neverdem · 87 replies · 3,065+ views
    American Thinker ^ | December 27, 2009 | Stuart Schwartz
    They are objects of derision.  Influential government officials refer to them as unproductive, of less value than others in society. The political party running the government aggressively denies them access to health services while putting in place bureaucracies devoted, in effect, to ending their lives. The Jews in Nazi Germany?  In the Soviet Union of Stalin? In a socialist paradise set up by the rabidly anti-Semitic United Nations? No, seniors in a United States governed by the party of President Barack Obama and his allies on the Democratic left. The Democratic Party senate healthcare bill makes it official: Seniors are...
  • Democrats Ensure America Will No Longer Be the Last Best Hope of Earth

    12/22/2009 2:34:24 PM PST · by Cindy · 33 replies · 1,737+ views
    TOWNHALL.com - Column by Dennis Prager ^ | December 22, 2009 | by Dennis Prager
    Tuesday, December 22, 2009 "Democrats Ensure America Will No Longer Be the Last Best Hope of Earth" by Dennis Prager SNIPPET: "As the passage of the bill that will start the process of nationalizing health care in America becomes almost inevitable, so, too, the process of undoing America's standing as The Last Best Hope of Earth will have begun." SNIPPET: "Just as the left has waged war on America's Judeo-Christian roots, it has waged war on individual liberty and responsibility." SNIPPET: "Barack Obama, Harry Reid and Nancy Pelosi are right about one thing -- they are indeed making history. But...
  • Socialism Creeps In As America Sleeps

    12/21/2009 5:41:08 PM PST · by Kaslin · 30 replies · 1,265+ views
    Investors.com ^ | December 21, 2009 | INVESTORS BUSINESS DAILY Staff
    Health Care: Democrats on the take and in the dead of night pass an execrable piece of legislation that they haven't read, the public doesn't want and only socialists could love. What has happened to this country? If we hadn't stayed up past midnight Sunday, we wouldn't have known what was going on. Here we thought a vote on the proposed health care overhaul wasn't going to take place until Thursday night — Christmas Eve. But there they were, the United States Senate, at 1 a.m. Monday, rushing to vote in the middle of a snowstorm to close debate on...
  • Obamacare Hazardous to America's Health

    12/21/2009 2:39:07 PM PST · by lancer256 · 3 replies · 461+ views
    davidlimbaugh.com ^ | 12/21/09 | david limbaugh
    At least common thieves don't destroy an entire health care system and socialize the American economy when they commit their felonies. Too bad we can't say the same for our illustrious Democratic senators who sold out the nation. In exchange for criminally unconstitutional favors for their respective states, they voted to pass the Senate health care bill just 38 hours after it had been made available to the public for review. Everyone knows about Sen. Mary Landrieu's negotiating $300 million for her state in non-guaranteed Medicaid payouts. She was even cocky about her institutionalized larceny. Sen. Bernie Sanders finagled $10...
  • Passing health reform could be a nightmare for Obama

    12/20/2009 10:53:44 PM PST · by 2ndDivisionVet · 31 replies · 2,172+ views
    The Washington Post ^ | December 21, 2009 | Robert Samuelson
    Barack Obama's quest for historic health-care legislation has turned into a parody of leadership. We usually associate presidential leadership with the pursuit of goals that, though initially unpopular, serve America's long-term interests. Obama has reversed this. He's championing increasingly unpopular legislation that threatens the country's long-term interests. "This isn't about me," he likes to say, "I have great health insurance." But of course, it is about him: about the legacy he covets as the president who achieved "universal" health insurance. He'll be disappointed. Even if Congress passes legislation -- a good bet -- the finished product will fall far short...
  • The Democrats’ Health Care Hari-Kari

    12/20/2009 10:55:31 PM PST · by Darnright · 29 replies · 1,601+ views
    redstate.com ^ | 12/21/09 | posted by bs
    A quick search of the Interwebs for the term “political suicide” will return a significant number of stories on the pending Democrat-pushed healthcare “reform” legislation and their seemingly inexplicable political death spiral. Virtually every poll says that the public rejects the bills in the Senate and House, Barack Obama’s popularity is tanking, and virtually no one on the Right OR the Left is happy with them. So the natural question is: Why are the Democrats pushing this? The characterization of the Democrats’ actions as “political suicide” is somewhat inaccurate. It would be more apt to call it “political hari-kari”, as...
  • Video-Obama Poised to Cede US Sovereignty

    10/16/2009 6:02:59 PM PDT · by opentalk · 86 replies · 4,710+ views
    Youtube ^ | October 14, 1009 | Lord Christopher Monckton
    On October 14, Lord Christopher Monckton, a noted climate change expert, gave a presentation at Bethel College in St. Paul, MN in which he issued a dire warning regarding the United Nations Climate Change Treaty which is scheduled to be signed in Copenhagen in December 2009. .. Video 4:11 min
  • For Whom the (Trading) Bell Tolls: Reforming Wall St. to Protect Main St.

    09/24/2009 2:54:56 AM PDT · by Cindy · 5 replies · 653+ views
    WHITEHOUSE.gov ^ | September 22, 2009 | Jared Bernstein
    Note: The following text is a quote: HE BRIEFING ROOM • THE BLOG TUESDAY, SEPTEMBER 22ND, 2009 AT 4:55 PM For Whom the (Trading) Bell Tolls: Reforming Wall St. to Protect Main St. Posted by Jared Bernstein In the heat of the debate about the need to fundamentally reform the way financial markets operate, both here in America and abroad, one crucially important point risks getting lost: the stakes for the middle class. Too often, debates like these end up with the regulators on one side and those whom they would regulate on the other. When the debate is focused...
  • Vice President Biden Announces Finalized $535 Million Loan Guarantee for Solyndra [WHITEHOUSE.GOV]

    09/05/2009 10:53:43 PM PDT · by Cindy · 25 replies · 1,855+ views
    WHITEHOUSE.GOV ^ | September 4, 2009 | n/a
    Note: The following text is a quote: THE BRIEFING ROOM THE WHITE HOUSE Office of the Vice President ___________________________________________________________________________ For Immediate Release September 4, 2009 Vice President Biden Announces Finalized $535 Million Loan Guarantee for Solyndra Recovery Act funding will accelerate job creation and help expand marketplace for innovative solar electric panels FREMONT, CA – Vice President Joe Biden, appearing via satellite from Washington D.C., today announced the Department of Energy has finalized a $535 million loan guarantee for Solyndra, Inc., which manufactures innovative cylindrical solar photovoltaic panels that provide clean, renewable energy. The funding will finance construction of the...
  • Green Impact Zone

    08/31/2009 3:53:13 PM PDT · by Cindy · 1 replies · 264+ views
    WHITEHOUSE.gov ^ | Posted by Adolfo Carrión, Jr.
    THE BRIEFING ROOM • THE BLOG MONDAY, AUGUST 31ST, 2009 AT 6:13 PM Green Impact Zone Posted by Adolfo Carrión, Jr. We have just arrived in Kansas City where, tomorrow, we will continue our discussion of smart growth and smart planning for America’s metropolitan areas. Special Assistant to the President on Urban Policy Derek Douglas, Special Advisor for Green Jobs Van Jones, and I will be joined by HUD Secretary Shaun Donovan and Transportation Deputy Secretary John Porcari. Together, we will meet with local elected officials, stakeholders, and community members to discuss the development of the Green Impact Zone, an...
  • The Road to Ruin

    07/13/2009 3:27:23 AM PDT · by Cindy · 2 replies · 338+ views
    FRONTPAGE MAGAZINE.com ^ | July 13, 2009 | Jacob Laksin
    If at first you don’t succeed, spend and spend again. That seems to be the Obama administration’s motto as it contemplates a new round of stimulus spending – a sequel to February’s American Recovery and Reinvestment Act, the staggering, $787-billion stimulus package that so far has delivered little in the way of economic recovery. To be sure, the administration is publically talking down the possibility of a second stimulus, at least for now. The Financial Times reported last week that “administration officials think further stimulus might eventually be needed but they do not want to have this fight now.” One...
  • House Democrats Will Seek Massive $540 Billion Tax Increase—Announcement Came Late Friday Afternoon

    07/11/2009 9:59:13 AM PDT · by FromLori · 40 replies · 1,873+ views
    CNS News ^ | 7/11/09
    Despite a still-lagging U.S. economy and rising unemployment rate, House Democrats announced late yesterday that they will seek a massive increase in federal income taxes to help pay for the national health-care reform proposal that President Obama is urging Congress to enact this summer. House Ways and Means Chairman Charles Rangel (D.-N.Y.)revealed late Friday afternoon that House Democrats will seek to increase income taxes by $540 billion. The move, which had been discussed earlier in the week by House Democrats, broke in an Associated Press story that was published at 4:14 PM Eastern Daylight time on Friday afternoon (or 8:14...
  • In Venezuela, Land 'Rescue' Hopes Unmet (collectivization)

    06/20/2009 7:08:38 PM PDT · by La Lydia · 22 replies · 839+ views
    Washington Post ^ | June 20, 2009 | Juan Ferero
    LAS VEGAS, Venezuela -- Dreaming of a new life, Ramón Barrera came to El Charcote, a vast farm here in northwestern Venezuela, several years after President Hugo Chávez's populist government had expropriated the property from its longtime owners and begun distributing parcels to small farmers...Six months after he arrived, Barrera's 37 acres are fallow, so he spends his time feeding grain to nine scrawny pigs. He and other farmers trying to earn a living on the farm's sunbaked expanse said the technical help they had been promised never materialized... Chávez's so-called back-to-the-land movement calls for the redistribution of land --...
  • U.S. Pledges More than $100 Million in Relief to Pakistan

    05/19/2009 4:58:27 PM PDT · by SandRat · 15 replies · 656+ views
    WASHINGTON, May 19, 2009 – The United States has pledged more than $100 million worth of humanitarian aid to relieve Pakistan as it wages battle against extremists inside its borders, Secretary of State Hillary Rodham Clinton said today. About 2 million Pakistanis are displaced as a result of clashes in the country's northwestern frontier province, and the U.S. Agency for International Development has responded by supplying water trucks, meals that conform to Islamic dietary requirements, tents and other relief. “Providing this assistance is not only the right thing to do, but we believe it is essential to global security and...
  • Read the HHS Report on Rural Health Care

    05/04/2009 4:47:56 PM PDT · by Cindy · 4 replies · 343+ views
    WHITEHOUSE.GOV ^ | May 4, 2009, 10:01 am | all
    QUOTE: THE BRIEFING ROOM • THE BLOG Monday, May 4th, 2009 at 10:01 am Read the HHS Report on Rural Health Care This morning Nancy-Ann DeParle, Director of the White House Office of Health Reform, is meeting with rural Americans in the fourth in a series of White House Health Care Stakeholder Discussions. Watch the live stream. [UPDATE: This event has now concluded] The meeting will be held against the backdrop of a new report out of HHS, which you can find at HealthReform.gov, entitled "Hard Times in the Heartland: Health Care in Rural America." A few of the key...
  • Obama’s leap to socialism

    04/21/2009 4:20:20 PM PDT · by Mount Athos · 12 replies · 799+ views
    The Hill ^ | 04/21/09 | Dick Morris
    President Obama showed his hand this week when The New York Times wrote that he is considering converting the stock the government owns in our country’s banks from preferred stock, which it now holds, to common stock. This seemingly insignificant change is momentous. It means that the federal government will control all of the major banks and financial institutions in the nation. It means socialism. The Times dutifully dressed up the Obama plan as a way to avoid asking Congress for more money for failing banks. But the implications of the proposal are obvious to anyone who cares to look....
  • Has anyone seen the VP lately? (Vanity)

    04/17/2009 6:31:35 PM PDT · by wombtotomb · 49 replies · 991+ views
    self | self
    Where is Waldo, I mean, Joe Biden? There has not been a peep about him that I have heard for some time now. He needs to be let out, he must be getting hungry, no shoes to eat for some time now LOL. Anybody seen/heard of our MIA/VP? Any sightings? Do tell.........
  • Probe Yourselves

    04/16/2009 6:54:31 PM PDT · by Kaslin · 5 replies · 389+ views
    IBD Editorial ^ | April 16, 2009
    Finance: House Speaker Nancy Pelosi wants a broad "probe" of Wall Street, much like the 1932 Pecora Commission that led to sweeping bank reforms. Good idea. Let the probing begin — with Pelosi's Congress.Named for its chief counsel, Ferdinand Pecora, the 1932 congressional commission dragged influential bankers and stockbrokers before its members for rough questioning — both of their business practices and private lives. The Pecora Commission led directly to the Securities Act of 1933, the Securities Exchange Act of 1934 and the creation of the Securities Exchange Commission in 1935 to oversee Wall Street. Now Pelosi's calling for an...
  • The First Showdown on Health Care

    04/11/2009 6:33:21 PM PDT · by anniegetyourgun · 45 replies · 1,311+ views
    NYTimes ^ | 4/11/09
    Republican senators are hyperventilating over the possibility that Democrats might try to pass health care reform with only a majority vote — depriving them of the chance to try to block legislation with filibusters that can only be overcome with the votes of at least three-fifths of all senators.
  • EXECUTIVE ORDER: ESTABLISHMENT OF THE WHITE HOUSE OFFICE OF HEALTH REFORM

    04/11/2009 9:48:23 PM PDT · by Cindy · 15 replies · 890+ views
    WHITEHOUSE.gov ^ | April 8, 2009 | n/a
    Note: The following text is a quote: THE BRIEFING ROOM THE WHITE HOUSE Office of the Press Secretary ------------------------------------------------ For Immediate Release April 8, 2009 EXECUTIVE ORDER ESTABLISHMENT OF THE WHITE HOUSE OFFICE OF HEALTH REFORM By the authority vested in me as President by the Constitution and the laws of the United States of America, and in the interest of providing all Americans access to affordable and high-quality health care, it is hereby ordered as follows: Section 1. Policy. Reforming the health care system is a key goal of my Administration. The health care system suffers from serious and...
  • US Senate, House Pass $3.5 Trillion Budget Plan

    04/03/2009 4:27:01 AM PDT · by mdittmar · 24 replies · 1,202+ views
    VOA News ^ | April 3,2009 | VOA News
    The U.S. Congress has passed budgets that are largely in line with President Barack Obama's ambitious plans to address the issues of health care and climate change. The House of Representatives approved a $3.5 trillion budget blueprint early Thursday without a single vote of support from Republicans. The Senate passed a similar version later Thursday, in a vote that also was largely divided along party lines. The House and Senate still need to reconcile their versions of the budget before sending it on to the president. The budget will eventually become an outline for actual spending legislation later this year....