Keyword: obamaeconomytour
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During President Obama’s weekly address commemorating Labor Day, he seemed to channel Karl Marx as he laid out his ideas for building up the middle class: “That’s why, over the past month, I’ve traveled all across America, laying out my ideas for how we can build on the cornerstones of what it means to be middle class. A good job that pays a good wage. A good education. A home of your own. Health care when you get sick. A secure retirement even if you’re not rich.” to an article on The Hill, President Obama plans on flying to Los...
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President Barack Obama is taking his economic message on the road next week with a bus tour in New York and Pennsylvania. The announcement of the bus tour was made as Obama and the first family takes an eight-day vacation on Martha's Vineyard, a resort island off the coast of Massachusetts. Specific stops for the bus tour in New York and Pennsylvania were not announced.
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President Obama is in Phoenix today to discuss fixing the housing market. It is reminiscent of President Franklin D. Roosevelt’s speeches in the 1930 on how to fix the housing market. The federal government began its response to the housing crisis in 1932, with the enactment of the Federal Home Loan Bank Act (the Bank Act). The Bank Act created the Federal Home Loan Bank System and the Federal Home Loan Bank Board (FHLBank Board) as its regulator. The federal government also created the Home Owners’ Loan Corporation (HOLC), the Federal Housing Administration (FHA), and Fannie Mae. And the creation...
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Once again, Barak Obama stood before the American people and said…nothing. Well, not exactly “nothing”, he spoke for over an hour but after its conclusion one had to ask, “What was THAT all about?” This speech was touted as one that would announce a great economic plan and lay out details for getting the economy booming again. Instead, it was more of a campaign, political speech with nothing but attacks against his opponents and downright anger over what he calls “phony distractions”. Instead of identifying and providing solutions for the problems facing this nation, he once again blamed the “rich”...
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(CNSNews.com) - Fixing the nation's "broken" immigration system "would actually help our housing market," President Barack Obama told enthusiastic high school students in Phoenix, Arizona on Tuesday. "It's pretty simple," the president said. "When -- when more people buy homes and play by the rules, home values go up for everybody. And according to one recent study, the average homeowner has already seen the value of their home boosted by thousands of dollars just because of immigration.
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The economic policy speeches President Barack Obama has been delivering in recent weeks are turning out to be blunt attacks on Republicans, with an eye toward coming fiscal battles and the 2014 congressional elections. By obstructing his proposals, Republicans are hurting the nation's "most vulnerable children," Obama said, along with farmers, the military, home-buyers, middle-class job seekers, immigrants and businesses seeking to hire immigrants. Dave Wasserman, an expert on House races at the non-partisan Cook Political Report, said he could not see how Democrats can pick up House seats in 2014, but that Obama has to make an effort to...
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President Obama is in Phoenix today to discuss fixing the housing market. It is reminiscent of President Franklin D. Roosevelt’s speeches in the 1930 on how to fix the housing market. The federal government began its response to the housing crisis in 1932, with the enactment of the Federal Home Loan Bank Act (the Bank Act). The Bank Act created the Federal Home Loan Bank System and the Federal Home Loan Bank Board (FHLBank Board) as its regulator. The federal government also created the Home Owners’ Loan Corporation (HOLC), the Federal Housing Administration (FHA), and Fannie Mae. And the creation...
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President Obama is in Phoenix today to discuss fixing the housing market. It is reminiscent of President Franklin D. Roosevelt’s speeches in the 1930 on how to fix the housing market. The federal government began its response to the housing crisis in 1932, with the enactment of the Federal Home Loan Bank Act (the Bank Act). The Bank Act created the Federal Home Loan Bank System and the Federal Home Loan Bank Board (FHLBank Board) as its regulator. The federal government also created the Home Owners’ Loan Corporation (HOLC), the Federal Housing Administration (FHA), and Fannie Mae. And the creation...
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President Obama is going to announce a plan whose main goal appears to be subsidizing mortgage backed securities. Unfortunately the readers of the Washington Post article on the piece probably would not realize this fact. The article simply repeats the Obama administration's assertion that government backing is needed for 30-year mortgages to exist, which it asserted are the backbone of home ownership. "Traveling to Phoenix on Tuesday, Obama is planning to call for a new system, built in part on government backing, that will enable wide access to 30-year mortgages, which are a rarity in other countries. That will require,...
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President Barack Obama is proposing to overhaul the nation’s mortgage finance system, including shutting down government-backed Fannie Mae and Freddie Mac—a plan with bipartisan support on Capitol Hill. Obama will also insist that popular 30-year mortgages be widely available to borrowers, even in a system that would rely more on the private sector than the government to guarantee loans. The president was to outline his proposals Tuesday at a construction company in Phoenix, once the epicenter of the housing crisis following the 2008 economic collapse. The housing market in the region, as in much of the country, has rebounded in...
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You’ve probably read that the series of speeches President Barack Obama started giving Wednesday are a “pivot” to the economy designed to rev things up. Well, they’re not. Obama’s speeches will be no less than the manifesto of a leftist president who plans to spend his remaining time in office installing as much of his big government “project” as possible by whatever means he can get away with. If you got the wrong message, it’s because Washington reporters too often have a poor understanding of people who have a systematic philosophy and truly believe in what they are doing. Obama,...
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Hey everyone, I don't usually write emails like this, and we don't usually send messages like this to this list. But I just finished reading the draft of a speech the President plans to deliver on Wednesday, and I want to explain why it's one worth checking out. Eight years ago, not long after he was elected to the United States Senate, President Obama went to Knox College in his home state of Illinois where he laid out his economic vision for the country. It's a vision that says America is strongest when everybody's got a shot at opportunity --...
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First, the middle class organizer-in-chief was channeling the TOTUS from Knox College in Illinois. He sounded very persuasive and his speech had all the right accents and dramatic pauses. Then, the TOTUS used its now traditional presidential vessel to deliver even more remarks in Jacksonville, Florida. The speech was full of climaxes and denouements, protagonists and antagonists, and applause and laughter breaks interspersed with virtuoso precision. Today, the wealth redistributor par excellence came to us live from an Amazon warehouse in Chattanooga, TN where with dramatically rolled-up sleeves, Obama praised a vision of a full-time middle class to a fulfillment center...
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WASHINGTON — So that’s how you land an exclusive interview with President Obama. Employees of Amazon, which scored a coup by securing a rare one-on-one interview with the president for its journalism outlet Tuesday, donated more than $116,000 to Obama’s 2012 re-election campaign, according to data compiled by the Center for Responsive Politics.
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33 minutes ago Obama says poor relatives keep his kids grounded Posted by CNN's Kevin Liptak (CNN) – Their home has its own bowling alley, movie theatre, and chef. But while living in the White House could leave Sasha and Malia Obama with a distorted sense of how Americans live, their father says he's always conveying to his daughters how abnormal their situation really is. "We are constantly reminding Malia and Sasha of the slightly unreal environment that they're in, and that that's not the norm and they shouldn't expect to be the norm," President Barack Obama said in an...
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President Obama sought Wednesday to reassure Democrats nervous about the impact of his health care law and the prospects for immigration legislation, telling them "You're on the right side of history." In the first of two closed-door meetings on Capitol Hill, Obama focused on financial gains as the economy emerges from the worst downturn since the Depression. He was warned about nominating former Treasury Secretary Larry Summers as chairman of the Federal Reserve and faced questions about his health care law. Some lawmakers complained that three years after its passage, the law still baffles many Americans. Rep. Ed Perlmutter, D-Colo.,...
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Pelosi: Obama jobs plan presentation to House Dems ‘masterful’ By Russell Berman - 07/31/13 12:39 PM ET Minority Leader Nancy Pelosi (D-Calif.) described President Obama’s presentation of his jobs plan to Democrats as “masterful.” She also said Wednesday’s powwow between Obama and her caucus was a “very enthusiastic meeting.” “I saluted the president as the persistent president," Pelosi said. During the meeting, Obama lashed out at criticism of former economic adviser Larry Summers, a possible successor to Federal Reserve Chairman Ben Bernanke. House Democrats also have raised concerns about the implementation of the 2010 healthcare law. Members said the topic...
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President Barack Obama on Tuesday offered congressional Republicans a new corporate tax cut and jobs spending package he said might “help break through some of the political logjam in Washington,” only to have GOP lawmakers immediately throw cold water on the idea. The announcement and quick rejection underscored how elusive common ground is between the Democratic White House and Republicans in Congress on fiscal issues. The divide was particularly stark on the corporate tax proposal given that both parties generally have supported overhauling the code for businesses, though the White House and Republicans have differed on specifics. … The U.S....
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As I’m writing this, President Obama is doing his usual economic grandstanding routine in Chattanooga, Tennessee — and considering that Amazon just announced that they’re going on an epic hiring spree, their local Chattanooga warehouse is making a mighty convenient backdrop for the president jobs-oriented speech. The president is going on and on about “the ingredients we need†for good jobs, and all of his latest Keynesian stimulus ideas for economic growth, and talking up America’s need to “invest†in the jobs and infrastructure of the future.Funnily enough, courtesy of Obama’s first and biggest round of what we were promised...
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<p>House Speaker John Boehner’s office this morning said Obama’s plan, which cuts the corporate tax rate in exchange for more revenues for infrastructure projects, “leaves small businesses and American families behind.”</p>
<p>The two parties seem to be engaging in the age-old fight over taxes and spending. While Democrats want to raise revenue, Republicans refuse and instead demand more spending cuts. Politico’s Many Raju and John Bresnahan write: “The lack of progress underscores a growing belief in Washington: The long-sought grand bargain could very well be out of reach during the Obama presidency. ... A short-term solution to the country’s fiscal woes seems more likely, but even that may not happen.”</p>
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