Obama's First 30 Days More Productive Than Any POTUS?

February 25, 2009

That’s the claim according to some of his fans, contrasting the stimulus package success and the other limited legislative steps under Obama to Reagan, Clinton and Bush. That’s one way to gloss over a torrent of cabinet withdrawals and the fact that a blank check from Democrat majorities made passage an easy matter.

More →

Normalcy, Sweet Normalcy: Owning a Home Back to Being Better Than Renting

February 25, 2009

Another rebound sign: thanks to two years of falling home prices, rental payments versus mortgages are now favoring ownership again, or at least making it a question to consider, in several urban and suburban areas. “On a relative basis…owning is looking much more attractive than it has in a long time.”

More →

Obama's Budget Expects Massive Windfall From Cap and Trade

February 25, 2009

White House assumes massive new budget stream from cap and trade policies – which essentially function as a pollution tax for companies, allowing them to bid on carbon offsets – and expects more than $300 billion to come in to the government by 2022. Experts consider this extremely optimistic based on recent trends.

More →

Gavin Newsom Commits San Fran Faux Pas, Drinks Bottled Water

February 25, 2009

Back in 2007, SF Mayor Gavin Newsom issued an executive order banning bottled water from government purchases, pleasing constituents who oppose bottled water as wasteful and environmentally irresponsible. But even he or his security detail still indulge in the sin of Evian once in a while. One more thing for you to feel bad about.

More →

Obama Says US Will Rebuild, Emerge Stronger

February 24, 2009

WASHINGTON – Addressing a nation on an economic precipice, President Barack Obama asked worried Americans to pull together for recovery Tuesday night and declared reassuringly that the U.S. “will emerge stronger than before.” Obama aimed to balance candor with can-do in his first address to a joint session of Congress.

More →

Jindal Calls StimPack Irresponsible

February 24, 2009

(CNN) — Tapped by the Republican party to deliver the GOP’s response to President Barack Obama’s congressional address Tuesday night, Louisiana Gov. Bobby Jindal plans to take on the massive stimulus package and emphasize that the U.S. economy can recover.

More →

IL Senate: Durbin Calls for Burris to Resign

February 24, 2009

“The people of Illinois have grown weary of this stuff. They want this Blagojevich burlesque to end.”

More →

Bernanke Helps Stocks Rebound, Says Improvements Pending

February 24, 2009

Stocks recouped the market’s heavy losses from the previous session Tuesday after the Federal Reserve chairman talked down the idea of nationalizing top lenders. The Dow Jones Industrial Average, which slid nearly 251 points on Monday, was recently up about 230 points, trading around 7340. The S&P 5000 climbed 4.1% to about 773, boosted by […]

More →

Senate Likely to Vote to Give DC House Seat

February 24, 2009

The Senate passed a key preliminary vote Tuesday morning for the District to get full voting rights in Congress. Senators voted 62-34 to take up the legislation. A final Senate vote to approve the legislation could come as early as Tuesday afternoon.

More →

Gibbs Says Speech Will be Optimistic, "Reaganesque"

February 24, 2009

President Barack Obama won’t speak until prime-time, but his aides fanned out to the morning shows Tuesday morning to talk up his first speech before a joint session of Congress. And the word they used to preview it: “Reaganesque.”

More →

← Previous Entries

Next Entries →