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Tag: Barack Obama

Obama and Geithner
White House / Pete Souza

Wouldn’t Let Geithner Quit Even if He Tried, Obama Says

Although Timothy Geithner is under fire from several directions, especially because he failed to stop the AIG executive bonus train from arriving at its destination, President Obama continues to actively support him. In fact, Obama says he wouldn’t let Geithner quit even if the treasury secretary tried to do so at this point.

Posted on Mar 21, 2009 READ MORE


Left, Right & Center

‘Left, Right & Center’: AIG Angst; Happy New Year, Iran!

Have the American media become too fixated on AIG and its nefarious bonuses—at the cost of focusing too little on the whereabouts of the other gajillions of dollars doled out in bailout funds? What’s to become of Timothy Geithner? And how about those warm New Year’s wishes that winged their way to the people of Iran from the U.S. and Israel?

Posted on Mar 20, 2009 READ MORE


Obama

Obama Talks Banks, Bonuses and Basketball on Leno

The merger of the entertainment and political spheres is now complete. Witness this lengthy chatfest between President Barack Obama and Jay Leno on Thursday’s “Tonight Show.” During the broadcast Obama cracks jokes about the Secret Service, the Special Olympics (oops) and “American Idol” between more serious discussions about the economy and alternative energy.

Posted on Mar 20, 2009 READ MORE


Nuclear
scrapetv.com

Playing Chicken of the Sea

The same day that President Obama released a message of new understanding and diplomacy to the Iranian people via his vlog, two U.S. Navy vessels collided in the Strait of Hormuz off southern Iran. More than 25,000 gallons of diesel fuel was spilled and 15 sailors were slightly injured.

Posted on Mar 20, 2009 READ MORE


Deficit
mariopiperni.com / Mario Piperni

Budget Deficit Hits $1.8 Trilly

The current year’s federal budget deficit, according to congressional economists, will top $1.8 trillion, the biggest ever by far. And their projection for the fiscal 2010 budget shortfall is tickling $1.4 trillion, putting both estimates much higher than they were in forecasts back in January.

Posted on Mar 20, 2009 READ MORE


Vlogging

Obama’s Diplomacy Vlog

President Obama has gone digital, releasing an online video of diplomacy to the people and politicians of Iran, suggesting “new beginnings” between the two nations to coincide with Iran’s new year holiday, Nowruz.

Posted on Mar 20, 2009 READ MORE


What Is the Point of NATO?

NATO today, approaching its 60th birthday, faces the prospect of sending home all of its units not willing to fight in Afghanistan under the American flag. They will go home to “defend” Europe. From whom?

Posted on Mar 20, 2009 READ MORE



White House

Idealism in Short Supply

President Obama has called on Americans to volunteer in their communities, but the economic meltdown makes civilian service a tough sell. In this interview, Russ Finkelstein, associate director of idealist.org, argues that “we all have something to give,” even those of us without much time and money.

Posted on Mar 20, 2009 READ MORE


A Government of Men, Not Laws

In the 21st century Gilded Age, the blue-collar shower-after-work crowd is given the tough, while the white-collar shower-before-work gang gets the love, and never before this week was that doctrine made so clear.

Posted on Mar 19, 2009 READ MORE


The Geithner Problem

The treasury secretary may indeed be the hardest-working man in Washington. But in order to survive, let alone succeed, he’s going to have to make a more convincing case that he’s part of the solution and not part of the problem.

Posted on Mar 19, 2009 READ MORE


Geithner and Obama
AP photo / Gerald Herbert

And Now, This Tepid Message From Our Treasury Chief

We’ve seen a lot of Timothy Geithner lately in the news—usually looking concerned yet purposeful as he stands behind the president in photos and press conferences—but we haven’t heard a great deal straight from the source. On Thursday, CNN’s Ali Velshi managed to get the treasury secretary talking, but what Geithner had to say is distinctly underwhelming.

Posted on Mar 19, 2009 READ MORE


Boehner
AP photo / Evan Vucci

House Passes Bonus Tax Bill

After the top brass at AIG couldn’t be stopped from dishing out $165 million in bonuses to executives who didn’t exactly deserve gold-star treatment, Congress is attempting to recoup most of the money by slapping a 90 percent tax on such executive windfalls.

Posted on Mar 19, 2009 READ MORE


The Geezer Gang Is Staying on the Job

Amid the talk of generational conflict in these depressed times, there’s a chance for the boomer generation to make a virtue—or a revolution—out of the necessity of working longer.

Posted on Mar 19, 2009 READ MORE


Push Back Against AIG’s ‘Best and Brightest’

Having long flattered themselves as “masters of the universe,” the creative financiers of Wall Street and London are today exposed as grifters rather than geniuses, yet their arrogance remains intact.

Posted on Mar 19, 2009 READ MORE


Our Justified Populist Rage

We are at the beginning of a great popular rebellion against those who showed no self-restraint when it came to lining their own pockets.

Posted on Mar 19, 2009 READ MORE


If You’re a ‘Little Guy,’ a Contract Means Nothing

If only the contracts entered into by shop-floor workers at auto plants were as inviolate as those secured by the incompetent pirates of the American International Group.

Posted on Mar 19, 2009 READ MORE



barackobama.com

Good News and Bad News for Alternative Lifestylists

The good news: The United States now supports a U.N. statement urging governments everywhere to decriminalize homosexuality. The bad news: In the words of the State Department, “supporting this statement commits us to no legal obligations,” such as ending discrimination in employment, housing and the military in the U.S. itself.

Posted on Mar 18, 2009 READ MORE



White House / Pete Souza

Obama Stands by His Treasurer

Treasury Secretary Timothy Geithner has developed a bad reputation in his short time on the job. He appears to have the fortitude of porridge and a love of banks and the bankers who bankrupt them. Despite calls for Geithner’s ouster over the AIG bonus blunder, the president says he has “complete confidence” in his top economist.

Posted on Mar 18, 2009 READ MORE


Maddow and Letterman

Maddow on the Economy, Olbermann’s Giant Head

MSNBC’s resident smartypants, Rachel Maddow, paid a visit to “Late Night With David Letterman” on Monday to guesstimate the size of Keith Olbermann’s coconut, describe her rise to the heights of punditry and opine about how Wall Street is like a bumper-car ring.

Posted on Mar 17, 2009 READ MORE


Those Hit Hardest Get No Bailout

Taxpayers’ bailout money for AIG bonuses has rightfully provoked a massive backlash against AIG, Wall Street, President Barack Obama and his economic advisers, Treasury Secretary Timothy Geithner and Larry Summers.

Posted on Mar 17, 2009 READ MORE


Now It’s Personal

The last thing the surgeon said to me before they rolled me into the operating room was, “You know, if you and Obama had your way with health care, it wouldn’t be me doing this operation. It would just be some guy.”

Posted on Mar 16, 2009 READ MORE


It’s Time to Put the Clamps on Tobacco

An idea that has been around for years now has reached that rarest of moments: There is a political environment that should, if reason prevails, produce legislation to require the Food and Drug Administration to regulate tobacco products.

Posted on Mar 16, 2009 READ MORE



Flickr / VictoryNH: Protect Our Primary

Steele Reassures Base With Goofy Tirade

Michael Steele recently irritated his party by taking a tolerant view of abortion, but the RNC chairman is here to let everyone know that there’s plenty of crazy where that came from. While guest-hosting a talk show, Steele compared President Obama to Richard Nixon and argued that, science be damned, the Earth isn’t getting warmer—it’s getting colder.

Posted on Mar 16, 2009 READ MORE


Obama
AP photo / Ron Edmonds

Obama Aiming to Block AIG Bonuses

AIG’s dishing out $165 million in bonuses to executives who played a part in bringing their company to near ruin is an “outrage,” according to President Barack Obama, who pledged to do whatever he can to stop the payouts at the bailed-out insurance giant. Updated

Posted on Mar 16, 2009 READ MORE


A Big Moment for Volunteerism

The House this week is expected to vote to expand civilian service, and the Senate will soon take up a similar bill. This issue holds the promise of producing that much prized but elusive Washington commodity: a large bipartisan majority. 

Posted on Mar 16, 2009 READ MORE


AIG logo
listphile.com

AIG to Dish Out $165 Million in Post-Bailout Bonuses

The tug of war continues between corporate financial giants and the federal government, and certain members of the former seem to have some trouble adjusting to their post-bailout status. AIG, for example, is still planning to reward its top 400 executives with a whopping $165 million in bonuses this weekend, even after the company was given more than $170 billion from taxpayers to stay afloat. Updated

Posted on Mar 14, 2009 READ MORE


Mullen and Rose

Adm. Mike Mullen on Charlie Rose

Get inside the head of Barack Obama’s chief military adviser, Adm. Mike Mullen, head of the Joint Chiefs of Staff, as he chats up Charlie Rose in a telling discussion centered on international relations and the trajectory of U.S. foreign policy.

Posted on Mar 13, 2009 READ MORE


From Frozen Minds, a ‘Spending Freeze’

Things are bad, and very likely to get worse—but the Republicans seem determined to plunge us into a real depression, gambling that catastrophe would return them to power.

Posted on Mar 12, 2009 READ MORE


A Bad Fix Would Be No Fix

Advice to solve the financial crisis before even thinking about health care, energy or education is either misguided or disingenuous. Fortunately, Obama seems to be ignoring all the chatter.

Posted on Mar 12, 2009 READ MORE



White House / Chuck Kennedy

Obama on the Defensive as Stock Rebound Continues

The Dow is up another 240 points, gaining 9.5 percent over the last three days, but the president doesn’t want you getting too excited about it—or too distraught when things inevitably swing the other way.

Posted on Mar 12, 2009 READ MORE



AP pool photo / Aleksey Nikolskyi

Barack Obama, Meet Team B

The president must be getting bad advice. Why else would he offer not to build a missile defense system he doesn’t want in exchange for Russia’s help with an Iranian nuclear weapons program that doesn’t exist?

Posted on Mar 12, 2009 READ MORE


The ‘Comfy Retirement’ Dream Has Exploded

No Wall Street rally can obscure the scary historical prospect that most Americans now working can expect to have less income security in retirement than their parents had.

Posted on Mar 11, 2009 READ MORE


The Point of Pointing Fingers

Obama speaks disdainfully of “ideology,” but there comes a time when first principles need to be articulated. Conservatives have entered this fight with guns blazing while progressives have hidden behind a Maginot Line armed only with the word pragmatism.

Posted on Mar 11, 2009 READ MORE


Population Boom in the Freezer

Since the 1980s, more than a half-million children have been created through in vitro fertilization. There are also about a half-million leftover embryos.

Posted on Mar 11, 2009 READ MORE



AP photo / Lynne Sladky

A Changing Community Now Wants Softer U.S. Policy on Cuba

A majority of Florida’s Cuban-Americans, including many former hard-liners, have come to oppose a U.S. embargo strategy that has proved futile over the decades.

Posted on Mar 11, 2009 READ MORE


Mexican Truckz
washingtontimes.com

Bill Puts Brakes on Mexican Trucks

President Obama’s $410 billion spending bill may paradoxically end funding for a cross-border trucking program between Mexico and the U.S. Critics of the program cite safety issues around Mexican trucks, while Mexican officials decry protectionism as policies surrounding the NAFTA trade agreement continue to fall apart.

Posted on Mar 11, 2009 READ MORE


Sanford
fitsnews.com

Sanford and ‘Some’

Wednesday will mark the day Mark Sanford, governor of South Carolina, rejected “some” of the estimated $8 billion in federal stimulus money his state is slated to receive. Sanford’s anti-deficit spending stand has sparked talk that the Republican may be eyeing a 2012 presidential campaign. Updated.

Posted on Mar 11, 2009 READ MORE


marine one
White House / Eric Draper

Was Helicopter Deal a Tool in Bush’s War Scam?

You may have heard about the scandalously overpriced presidential helicopters the U.S. had ordered from Italy, but did you know they may have been a payoff for forged intelligence used to sell the war in Iraq? It’s all a part of “a web of conspiracy and deceit,” says journalist Paolo Pontoniere.

Posted on Mar 10, 2009 READ MORE


Wall St. bull
AP photo / Mary Altaffer

Socialism Without a Soul

Newt Gingrich is right: “It is European socialism transplanted to Washington.” How else to describe an economy in which the government controls the entire financial center and is now supplying life support for the auto industry?

Posted on Mar 10, 2009 READ MORE


Practice Course

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Posted on Mar 10, 2009 READ MORE    


Put Single-Payer on the Table

Obama promises health-care reform, but he has taken single-payer health care off the table. While single-payer reduces the administrative costs and removes the profit that insurance companies add to health-care delivery, such solutions get almost no space in the debate.

Posted on Mar 10, 2009 READ MORE


ENTER_ALT_TEXT
AP photo / Virginia Mayo

Biden Talks Afghanistan in NATO Huddle

Vice President Joe Biden held forth at a NATO meeting in Brussels on Tuesday, reinforcing President Barack Obama’s message from last weekend about a slight shift in foreign policy with regard to Afghanistan and urging NATO to be vigilant about the threat of attacks from extremist groups harbored by Afghanistan and Pakistan.

Posted on Mar 10, 2009 READ MORE



White House / Chuck Kennedy

Stem Cells Are Go

Barack Obama officially reversed his predecessor’s ban on federally funded stem cell research on Monday, promising to “vigorously support scientists who pursue this research.” The president also said his White House would restore “scientific integrity to government decision making.” Good luck with that.

Posted on Mar 9, 2009 READ MORE



U.S. Army / Staff Sgt. Adam Mancini

Obama’s Troop Shuffle Leaves Us Dizzy

The president will withdraw 12,000 troops from Iraq over the next six months, but where will he send them? Back to America? Ski trip to Aspen? Or perhaps he’ll just airlift the veterans to Afghanistan, where a similar number of reinforcements has been promised over a similar period.

Posted on Mar 8, 2009 READ MORE



State Dept. / WikiMedia Commons

Clinton Scores a Hit With Talk-Show Diplomacy

Hillary Clinton’s media savvy was on full display Saturday during an appearance on the Turkish equivalent of “The View.” Dishing on family and fashion, Clinton was by all accounts a hit in a country where only 9 percent view the U.S. favorably. Update: Video

Posted on Mar 8, 2009 READ MORE


If Only Obama Were as Radical as They Say

While conservatives cry socialism, the president is trying to steer a moderate course. Moderation, however, may be the wrong recipe. There is something deeply disturbing about the drip, drip, drip of billions into the banking system with no apparent impact.

Posted on Mar 8, 2009 READ MORE


Left, Right & Center

‘Left, Right & Center’: Economic Blues, Obama’s Successes

Has there been any good news in recent days? Robert Scheer thinks so and says why on this week’s “Left, Right & Center.” Arianna Huffington, meanwhile, has some questions about Barack Obama’s economic decisions, while Tony Blankley wonders if there aren’t too many banking types in the new government.

Posted on Mar 6, 2009 READ MORE


Gupta
reportercaps.com

Gupta Pulls Plug on Surgeon General Post

The rocky road to staffing still-vacant government positions suffered a bit of a setback Thursday, as the creamy filling—Dr. Sanjay Gupta, henceforth known as “The Gupta”—of Obama’s team withdrew his name from consideration for the post of surgeon general.

Posted on Mar 6, 2009 READ MORE


Chow Chows
kukuchew.com

Unemployment Keeps On Rising

Not since Ronald Reagan’s reckless free marketeering have we seen unemployment this high: The U.S. jobless rate hit 8.1 percent in February, with 651,000 jobs cut during the month.

Posted on Mar 6, 2009 READ MORE


Pelosi and Pitt
AP photo / Susan Walsh

OMG, Brad Pitt in D.C.!

Mayhem ensued Thursday when actor Brad Pitt visited Capitol Hill to meet with President Barack Obama and House Speaker Nancy Pelosi about rebuilding New Orleans. An anonymous Senate source told the AP that Pitt was possessed of a “nice face” but was “waaaay too skinny.” These politicians need to get their stuff together.

Posted on Mar 5, 2009 READ MORE


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