Archive for March, 2009
Scapegoats and Long Leashes
Eye-opening findings populate all corners of a new Washington Post/ABC News poll that took the temperature of Americans on support for President Obama and who is to blame for the ongoing recession and general economic and financial meltdown afflicting the country. Who is the unlucky scapegoat facing the public’s wrath? Anyone but Barack Obama…
The […]
House Republicans Poised to Unveil “Real” Budget Alternative
It’s go time for House Republicans and their ballyhooed budget alternative to President Obama’s massive proposal.
After a somewhat botched introduction of a 16-page budget “blueprint” last week by House GOP leaders, Paul Ryan, the top GOPer on the House Budget Committee, will get the green light to introduce what is being touted as a comprehensive […]
Obama’s Major Euro Test Underway in London
Facing a global economic crisis that has generated a cache of hostile friends and enemies, President Obama officially kicked off his first overseas trip as he arrived in London today for the G-20 economic summit being held there. The President and the first lady toughed out the trans-Atlantic jaunt on Air Force One before being […]
Keeping Track of “Financial Stability”
In keeping with the tech-friendly way of doing things in the Obama administration, Tim Geithner’s Treasury has set up a new and somewhat flashy website for Americans to track the progress of things like capital infusions of local banks and ostensibly easy-to-read press releases on the quest for “financial stability.” After all, the site is […]
More on That Republican “Budget”
After breathlessly releasing a “budget blueprint” last week that lacked numbers on spending or the deficit as some sort of alternative to Obama’s massive proposal, the debacle of the GOP’s quest for a budget continued over this past weekend. Despite appearing as nothing more than a political stunt, serious questions are being leveled at Republicans […]
Obama Talks Budget With House Dems
The selling of Obama’s controversial 201o budget continues, with the president making another trip to Capitol Hill on Monday to lobby House Democrats, including Blue Dogs and other skeptical party-mates of the POTUS.
Using some of his most serious language to date, Obama urged House Democrats to pass his budget with sweeping - and expensive - […]
Obama Snubs Congress to Cut Wagoner
More interesting tidbits of information out today about the fast-paced circumstances surrounding the surprise move by the White House to demand GM CEO Rick Wagoner’s resignation fro his post to kick off reorganization at the ailing automaker.
Thanks to Michigan Sen. Carl Levin, we now know that President Obama did not tell Congress - not even […]
Obama Won’t Let Autos “Simply Vanish,” But Initiates Tough Tactics to Force Changes
Visit msnbc.com for Breaking News, World News, and News about the Economy
As expected, President Obama addressed the ongoing struggles of Detroit automakers GM and Chrysler and outlined a hardball restructuring plan to be administered by his administration in remarks from the White House this morning.
The president made it clear that there will be no more […]
White House Gets Tough With Autos
After weeks of relative dormancy as a major issue in Washington, the recession-induced plight of automakers GM and Chrysler has been dragged to the forefront once more by the release of a White House auto task force report questioning the “viability” of both automakers and sudden resignation of GM CEO Rick Wagoner at the request […]
Cantor Slips in Washington Mud
Remember when Eric Cantor was the hottest name in the GOP and fast displacing Sarah Palin as the next true conservative superstar? How times have changed…
Politico has a must-read this morning detailing how a steady diet of sometimes mindless opposition to the Obama agenda and a run-in with - of all people - Britney Spears […]
