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Saturday, February 28, 2009

Obama Declares War on Investors, Entrepreneurs, Businesses, And More

Let me be very clear on the economics of President Obama’s State of the Union speech and his budget. He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.

Combative Obama vows to fight for his budget

A combative President Barack Obama warned on Saturday he was bracing for a fight against powerful lobbyists and special interests who sought to pick apart the $3.55 trillion budget he wants to advance his agenda of reform.

Charity tax limits upset many

Democrats and Republicans poured cold water on President Obama's budget plan to cut down on wealthy taxpayers' charitable giving tax deductions, the second of his ambitious cost-savings plans to earn lawmakers' scorn, and underscoring the legislative minefield he is entering.

Friday, February 27, 2009

Obama to Seek New Assault Weapons Ban

The Obama administration will seek to reinstate the assault weapons ban that expired in 2004 during the Bush administration, Attorney General Eric Holder said today.

It’s Obama spreading panic

PresidentObama, in his pursuit of liberal big-government spending, has totally neglected the role of the president of the United States in reversing global panic. To the contrary, his every remark and the constant preoccupation of his Cabinet is to heighten the sense of crisis and to escalate the predictions of doom if we do not do as they tell us and raise spending now and taxes later.

Thursday, February 26, 2009

Obama Proposes $634 Billion Fund For Health Care

President Obama is proposing to begin a vast expansion of the U.S. health-care system by creating a $634 billion reserve fund over the next decade, launching an overhaul that most experts project will ultimately cost at least $1 trillion.

Obama to Seek $75.5 Billion More for Wars in 2009

President Barack Obama will seek $75.5 billion more for combat operations in Iraq and Afghanistan through the end of this fiscal year, according to three people familiar with the request.

Wednesday, February 25, 2009

Obama: U.S. to survive economic "day of reckoning"

President Barack Obama sought to strike a delicate balance between hope and reality on Tuesday to reassure Americans mired in economic crisis that they would survive a "day of reckoning."

Obama Says USA will rebuild and emerge stronger...

DrudgeReport Headlines on Feb. 25, 2009:
Obama Says USA will rebuild and emerge stronger...
Obama vows to increase number of soldiers...
Obama vows to seek cure for cancer 'in our time'...
Obama says bank bailout may cost more than expected...
Obama promises universal EDUCATION THROUGH COLLEGE...
Obama promises universal health care...

Tuesday, February 24, 2009

Philly to Obama: Hey, you owe us money, too!

BARACK OBAMA spent a record $760 million getting himself elected president. But his campaign, Obama for America, still owes Philadelphia nearly $24,000 for several pre-election events, and the cash-strapped city hasn’t given up its collection efforts.

Obama pledges to slash deficit - after increase

Urging strict future restraint even as current spending soars, President Barack Obama pledged on Monday to dramatically slash the skyrocketing annual budget deficit as he started to dole out the record $787 billion economic stimulus package he signed last week.

Sunday, February 22, 2009

Obama's First Budget Seeks To Trim Deficit

President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on businesses and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said.

Saturday, February 21, 2009

Obama victory bash owes city $1.74 mil.

Chicago has yet to recoup the $1.74 million cost of President Obama's victory celebration in Grant Park -- despite a burgeoning $50.5 million budget shortfall that threatens more layoffs and union concessions.

Friday, February 20, 2009

Executive Order: Establishment of the White House Office of Urban Affairs


Stock Market Gives Obama’s First Month An 'F'

Today marks the one-month anniversary of President Obama’s inauguration. In his brief time in office, the president has overseen three massive new spending initiatives — the $787 billion stimulus bill, the trillion-dollar financial stability initiative and, most recently, the $275 billion mortgage assistance program.

That’s a lot of activity, and a ton of money, but so far the reaction to the new administration’s programs has been decidedly negative.

Obama tries to halt talk of bank nationalization

The White House on Friday insisted it's not trying to take over two ailing financial institutions, even as stocks tumbled again.

Analysis: Obama plans eclipsing New Deal spending

In sheer size, the economic measures announced by President Barack Obama to address "a crisis unlike we've ever known" are remarkable, rivaling and in many cases dwarfing the New Deal programs that Franklin D. Roosevelt famously created to battle the Great Depression.

Mr. President, Keep the Airwaves Free

As a former law professor, surely you understand the Bill of Rights.

RUSH LIMBAUGH: I have a straightforward question, which I hope you will answer in a straightforward way: Is it your intention to censor talk radio through a variety of contrivances, such as "local content," "diversity of ownership," and "public interest" rules -- all of which are designed to appeal to populist sentiments but, as you know, are the death knell of talk radio and the AM band?

Santelli's Chicago Tea Party

CNBC's Rick Santelli and the traders on the floor of the CBOE express outrage over the notion they may have to pay their neighbor's mortgage, particularly if they bought far more house than they could actually afford

Bill Clinton: Obama Should Sound More Hopeful

(SHOW US THE HOPE!)Former President Bill Clinton gives President Barack Obama an "A" grade for his first month in office, but tells ABC News that Obama needs to put on a more positive face when speaking to the American people about the economy and must keep pressure on Republicans who try to obstruct his plans.

Thursday, February 19, 2009

OKC officer pulls man over for anti-Obama sign on vehicle

An Oklahoma City police officer wrongly pulled over a man last week and confiscated an anti-President Barack Obama sign the man had on his vehicle.

Monday, February 16, 2009

McCain Faults Obama Over Stimulus

Senator Says President Not Keeping Promise of Bipartisanship. Sen. John McCain says President Barack Obama failed to include Republicans in writing the big economic stimulus bill.

Obama's Rhetoric Is the Real 'Catastrophe'

President Barack Obama has turned fearmongering into an art form. He has repeatedly raised the specter of another Great Depression. First, he did so to win votes in the November election. He has done so again recently to sway congressional votes for his stimulus package.

Sunday, February 15, 2009


After pushing Congress for weeks to hurry up and pass the massive $787 billion stimulus bill, President Obama promptly took off for a three-day holiday getaway.

Friday, February 13, 2009

GOP's Gregg Quits Over 'Irresolvable Conflicts' With Obama on Stimulus, Census

New Hampshire Republican Sen. Judd Gregg withdrew from consideration as Commerce secretary Thursday, saying his differences with the Democratic White House ran too deep.

D'oh! Caterpillar CEO Contradicts President on Whether Stimulus Will Allow Him to Re-Hire Laid Off Workers

President Obama today repeated the claim that Jim Owens, the CEO of Caterpillar, Inc., "said that if Congress passes our plan, this company will be able to rehire some of the folks who were just laid off." Caterpillar announced 22,000 layoffs last month.
But after the president left the event, Owens said the exact opposite.

"The truth is we're going to have more layoffs before we start hiring again."

Thursday, February 12, 2009

For Obama campaign advisors, there's no sure thing

Many liberal loyalists anticipated jobs in the new administration, but the president has filled out his foreign policy team largely with centrists connected to Clinton or the GOP.

Many of the Obama advisers are frustrated that after months of helping the campaign, they were thanked in November and directed to apply for a job on Obama's change.gov website -- along with hundreds of thousands of others.

Wednesday, February 11, 2009

Why Obama’s new Tarp will fail to rescue the banks

Has Barack Obama’s presidency already failed? In normal times, this would be a ludicrous question. But these are not normal times. They are times of great danger.

Tuesday, February 10, 2009

Obama: 'Only Government' Can Break Cycle of Job Loss, Economic Downturn

President Obama, in his first prime-time press conference, warns that a failure to pass his economic recovery plan could "turn a crisis into a catastrophe."

Barack Obama throws Joe Biden under the bus

Pity poor Joe Biden. His "there's still a 30 percent chance we're going to get it wrong" quote is put straight to President Barack Obama during the White House press conference just now and his boss seemed to want to say: "Vice-President Who?"

"You know, I don't remember exactly what Joe was referring to, not surprisingly."

Obama has it both ways on pork

WASHINGTON (AP) - At least Route 31 is a road to somewhere.

President Barack Obama had it both ways Monday when he promoted his stimulus plan in Indiana. He bragged about getting Congress to produce a package with no pork, yet boasted it will do good things for a Hoosier highway and a downtown overpass, just the kind of local projects lawmakers lard into big spending bills.

Sunday, February 8, 2009

Obama demands speed on stimulus

President Barack Obama pounded Republicans Saturday for policies that fueled the economic crisis, while welcoming a Senate deal on his stimulus bill that ideologically split lawmakers hope to finish by mid-month.

Obama and Senate Republicans bicker over stimulus

President Barack Obama and Senate Republicans bickered Saturday over his historically huge economic recovery plan after states and schools lost tens of billions of dollars in a late-night bargain to save it.

Saturday, February 7, 2009

McCain blasts Obama

Sen. John McCain took his most direct shot at President Barack Obama since the presidential campaign on Friday morning, using a Senate floor speech to criticize the president for mocking the Republican concerns over the massive economic stimulus package.

Friday, February 6, 2009

Obama ratchets up the rhetoric on stimulus plan

President Barack Obama's soft-sell pitches to Republicans haven't gotten him very far on his economic stimulus plan, so he's resorting to a sharper tone that is at odds with his vow to make Washington less partisan.

Russia rattles sabres in Obama’s direction

Russia may face a grim economic downturn but one would scarcely think so to judge by the sound of sabre-rattling emerging from the Kremlin. Unless, of course, it is intended as a domestic distraction from the gathering gloom.

Obama warns of need for stimulus bill right away

President Barack Obama says the time for talk on an economic recovery package is over and "the time for action is now." Speaking at the Energy Department, Obama made a fresh plea for the stimulus plan that the Senate is debating. He cited the latest bad economic news of jobless claims as another reason for quick action.

Thursday, February 5, 2009

Obama said what?

Obama: “We know there is no God who condones the killing of an innocent human being.”

Obama caps executive pay tied to bailout money

President Barack Obama on Wednesday imposed $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with "executives being rewarded for failure."

Wednesday, February 4, 2009

California farms, vineyards in peril from warming, U.S. energy secretary warns

'We're looking at a scenario where there's no more agriculture in California,' Steven Chu says. He sees education as a means to combat threat.

Chu says, up to 90% of the Sierra snowpack could disappear, all but eliminating a natural storage system for water vital to agriculture.

Tuesday, February 3, 2009

Analysis: Daschle debacle humbles Obama

Two weeks into his presidency, Barack Obama proved that even a clearly gifted politician cannot escape the gravitational pull of Washington forces that have humbled many of his predecessors.
[link no longer available]

President Obama to water down 'Buy American' plan after EU trade war threat

The European Union warned the US yesterday against plunging the world into depression by adopting a planned “Buy American” policy, intensifying fears of a trade war.

Obama gave a strong signal that he would remove the most provocative passages from the Bill.

Obama: Banks need more help; some may fail

In a sobering appraisal of the nation's banking system, President Barack Obama signaled Monday that he will need more money to bail out the battered financial industry. Even so, he said, "some banks won't make it."

Paris rejects 'Obama-style' stimulus program

Prime Minister François Fillon on Monday rejected demands that the French government seek to stimulate consumer spending, rather than follow his plan to stimulate corporate and infrastructure investment, to lift France out of its economic slump.

Monday, February 2, 2009

The world has noticed hypocrisy on lobbyists

HotAir.com: Too bad the American media hasn’t kept as close an eye on Barack Obama and his promises to clean up government as the Times of India has. Noting that Obama has already issued 17 exceptions to his no-lobbyist rules in the first two weeks of his inauguration.

Why do we have to go to the Times of India to hear how many exceptions to this rule Obama has invoked?

Sunday, February 1, 2009

Is Obama's post-partisan politics dead on arrival?

After Barack Obama's first big win, the White House finds itself in the odd position of denying the new president has absorbed a power-sapping defeat.

Obama's hopes for bipartisan government may be thwarted by simple political realities in Washington.

Now in a book format

Yes, this blog was converted to the book format and published on Amazon.
100 Days of Obama Presidency (Kindle edition)

100 Days of Obama Presidency (Soft cover)