Barack Obama

Geithner Goes to Congress, Obama Goes Online

March 26, 2009

The G-O team of Secretary of Treasury Timothy Geithner and President Barack Obama were the stars of today’s showtime. Secretary Geithner once again faced questions before the House Financial Services Committee, this time about reform: “To address this will require comprehensive reform,” Geithner said in prepared testimony for a House Financial Services Committee hearing. “Not […]

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The Press Was Asleep During the Obama Press Conference

March 24, 2009

President Obama’s prime time press conference was an opportunity for the press corp to ask some hard questions about the economy and upcoming proposals on financial regulations.  Instead Anne Compton wasted her time asking if the President and his administration discussed race in the White House.  There were a few other questions that were steered […]

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House Taxes AIG Bonuses Back to Taxpayers

March 19, 2009

By a vote of 328-93, the House of Representatives voted to tax the AIG bonuses totally $165 Million by 90%.  It was nothing short of a two-ring circus in the House as the Republicans held dominated one ring and the Democrats the other.  Finally, due to the majority of votes being held by Democrats, Republicans […]

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Food Safety System “Hazard to Public Health”

March 14, 2009

Well, thank goodness! President Obama has realized that one of the threats to Americans is our food safety… and the FDA. Calling the U.S. food safety system a “hazard to public health,” President Barack Obama on Saturday named a new head of the Food and Drug Administration to start overhauling it. See his weekly address […]

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The President Speaks to Congress

February 24, 2009

In his first address to Congress, President Obama raised the hopes of Americans.  According to a snap CBS poll the view of Americans toward the stimulus package increased about 15% during the speech. The Republican reply to the Obama speech was less than stellar. Governor Jindal of Louisiana delivered the rebuttal. What the hell was […]

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Obama Signs Fair Pay Act into Law

January 29, 2009

This morning shortly after 10:00 President Barack Obama signed the Lilly Ledbetter Fair Pay Act into law.  Ms. Ledbetter stood to President Obama’s side as he signed the bill into law.  This was the first bill signed by President Obama.  As he left the room he was overheard saying, “This is a good way to […]

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Work Begins: Suspend Guantanamo Legal Proceedings

January 21, 2009

No, Guantanamo is not closed… YET!  But, late yesterday President Obama orded that legal proceedings against the detainees be suspended for 120 days.  It’s a first step to bringing back American values.  To the President, we send out a great big “hooo-ah”! In one of its first actions, the Obama administration instructed military prosecutors late Tuesday to […]

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Cheney Confirms Obama Win

January 8, 2009

Today the electoral votes were cast, 365 for the Obama team and 173 for the McCain group. According to CSPAN: A joint session of Congress certified the election of Barack Obama as President of the United States and Joseph Biden as Vice President. The electoral vote total was 365 electoral votes for Pres.-Elect Obama and […]

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The Eagle Has Landed (At Last)

January 4, 2009

Barack Obama arrived in Washington, DC this evening. His family arrived yesterday.

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The Tangled Web of the SEC

December 19, 2008

It seems that everyone is connected to the Madoffs in one way or another. Mary Shapiro, President-elect Barack Obama’s choice to head the SEC once appointed one of Bernie’s sons to a regulatory group that oversees American securities firms. It has emerged that in 2001, Ms Schapiro, currently chief executive of the Financial Industry Regulatory […]

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