House of Cards

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.
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