House of Cards
Axelrod leaving White House next year to work on campaign
David Axelrod, a top advisor to President Obama and the main architect of […]
Home Sales Bad News:Existing Home Sales Down 7.2% In January
Existing home sales plummeted to 5.05 million units in January compared to 5.44 million in December.This is solidly below the 5.5 million units that economists had been expecting.
. NAR: Existing-home sales fell in January but are above year-ago levels, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – […]
DER SPIEGEL: The World Bids Farewell to Obama (House of cards is crumbling)
US President Barack Obama suffered a painful defeat in Massachusetts on Tuesday. With mid-term elections looming, it means that Obama will have to fundamentally re-think his political course. German commentators say it is the end of hope.
US President Barack Obama has had a number of difficult weeks during his first year in the White House. […]
House Of Cards Is Collapsing:’Obamamania’ Cooling Off Fast Among Young
Young Americans showed their collective power when they helped vote President Obama into office. Inspired by his message of “change,” they knocked on doors, spread flyers, voted for him by a 2-1 margin, and partied like rock-the-vote stars when he won.Since the election, though, that fervor has died down _ noticeably. And while young people […]
Saudi royal: U.S. can’t be energy-independent - Accused Obama and Bush of “deceiving” the American people
A key member of the Saudi royal family who headed the country’s intelligence service for 25 years accused both the Obama and Bush administrations Monday of “deceiving” the American people that the U.S. can ever end its dependence on foreign oil. “You can’t get rid of oil. You can’t get rid of fossil fuels — […]
2008 Presidential Election:Man admits voting for Obama in late wife’s name
A Wisconsin man has acknowledged that he illegally cast an absentee ballot for Barack Obama in his wife’s name to fulfill her dying wish. Stephen Wroblewski (roe-BLESS-key) of Milwaukee said Wednesday he plans to plead guilty to voter fraud to end the embarrassing episode.
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Obama’s pick for No. 2 spot at EPA withdraws
President Barack Obama’s pick for the No. 2 post at the Environmental Protection Agency is removing himself from consideration.Jon Cannon, a professor of environmental law at the University of Virginia, says he is withdrawing as the nominee for deputy EPA administrator because of scrutiny surrounding the America’s Clean Water Foundation.
(Excerpt) Read more at silive.com …
Sen. Jim DeMint of South Carolina: Obama is ‘world’s best salesman of socialism’
[via CNN] Another prominent Republican told the Conservative Political Action Conference on Friday that the president’s spending plans are pushing the country to the brink of socialism.Sen. Jim DeMint of South Carolina, the only member of the senate to earn a perfect rating from the American Conservative Union, called President Obama “the world’s best salesman […]
The National Surface Transportation Infrastructure Financing Commission: “Raise gas tax, charge drivers by the mile”
According to AP, a special commission created by Congress, called “The National Surface Transportation Infrastructure Financing Commission” is endorsing two ideas suggested Transportation Secretary Ray LaHood to raise federal gasoline tax and charge drivers by the mile to pay for road projects.
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Longest serving Dem senator Byrd, slams Obama…. warns of power grab
[Via Politico] The longest serving Democratic senator, is criticizing President Obama’s appointment of White House “czars” to oversee federal policy, saying these executive positions amount to a power grab by the executive branch.
In a letter to Obama on Wednesday, Byrd complained about Obama’s decision to create White House offices on health reform, urban affairs policy, […]
What goes up must come down: Obama Job Approval Dips Below 60% for First Time
For the first time since Gallup began tracking Barack Obama’s presidential job approval rating on Jan. 21, fewer than 60% of Americans approve of the job he is doing as president. In Feb. 21-23 polling, 59% of Americans give Obama a positive review, while 25% say they disapprove, and 16% have no opinion.
Continue reading at […]
Get ready for a wave of bank failures: Is Citibank next?
[Via CNN Money] In less than two months, regulators have seized 13 banks. Experts think many more banks will collapse before the financial crisis is over.
If it’s Friday, there must be a bank failing somewhere across the country.
For five consecutive weeks, industry regulators have seized control of a bank after the market closed on […]
Gas guzzling SUV and Fuel-efficient hybrid may now pay the same Mile tax: Transportation secretary says taxing how much we drive may replace gasoline tax
[Excerpts via Newsday] Transportation Secretary Ray LaHood says he wants to consider taxing motorists based on how many miles they drive rather than how much gasoline they burn — an idea that has angered drivers in some states where it has been proposed.Gasoline taxes that for nearly half a century have paid for the federal […]
Analysis: Democrats self-destructing over ethics
[Google News via AP] The Obama administration and the new Congress are quickly handing over to Republicans the same “culture of corruption” issue that Democrats used so effectively against the GOP before coming to power.Freshman Sen. Roland Burris, D-Ill., is only the latest embarrassment.
Senate Democrats accepted Burris because they believed what he told them: He […]
Protesters welcome Obama in Denver Colorado - “Yes, we care!” Porkulus protesters holler back
Hat to By Michelle Malkin for these pictures
(From my iphone/twitpic)
(Photo via People’s Press Collective)
Hundreds of taxpayers took time out of their busy day to protest President Obama’s “stimulus” bill-signing in Denver today. Jim Pfaff of Colorado Americans for Prosperity, Jon Caldara and the Independence Institute, former Rep. Tom Tancredo, and several GOP officials […]
This does not make sense: New Stimulus ($787 billion) Projections - At most 3.6 million jobs, while feds import 3.2 million new foreign workers
Two analyses of the just-enacted bill suggest that foreign workers will benefit from either 90% of increased employment due to the nearly-trillion-dollar Stimulus bill.
Or foreign workers will benefit from ALL of the extra employment.
Sound incredible?
Read on ….
1.2 or 2.5 or 3.6 MILLION MORE JOBS AT END OF 2010
A private firm, IHS Global Insight, has analyzed […]
40,000 people out of 8 million (1%) living in New York city pay 50% of the taxes
[Via WSJ] Let us now praise New York Mayor Michael Bloomberg, who has learned a few things about tax rates and incentives.
New York state and city revenues are falling amid the collapse of Wall Street, and state lawmakers in Albany are considering income tax hikes for households earning between $250,000 and $1 million, who already […]
Is the Obama White House already in trouble?
[Via Los Angeles Times] It’s been a tough 10 days in the life of the 4-week-old Obama White House.
Tom Daschle has to withdraw as the president’s pick for secretary of Health and Human Services for failing to pay more than $120,000 in taxes.
Treasury Secretary Timothy Geithner, who managed to squeeze through confirmation hearings despite […]