Friday, June 3, 2011

Obama Golf

Golf summit for Barack Obama and John Boehner

President Obama and John Boehner are shown in a composite playing golf. | AP Photo
President Obama and John Boehner are both passionate golfers. | AP Photo | AP Photo Close
President Barack Obama and House Speaker John Boehner (R-Ohio) will finally hit the links for a round of golf – and al fresco negotiation – on June 18, a White House official told POLITICO.
Obama’s offer — and Boehner’s acceptance — came six months after White House press secretary Robert Gibbs suggested the two could work out their differences on the course. Both men are passionate golfers; Obama prefers to hit public or military courses with a handful of friends and White House staffers while Boehner favors private courses, golf fundraisers and schmoozing sessions with other pols.

Read more: http://www.politico.com/news/stories/0611/56229.html#ixzz1OGayRMfM


More Americans Think Economy Will Never Recover

Published: Friday, 3 Jun 2011 | 1:26 PM ET
Text Size
The mixed signals regarding the economy's health are taking a toll.
Shoppers
Getty Images
About 10 percent of Americans say they never expect their spending to return to pre-recession levels. 
 

New York pulls out of federal immigration program

June 1, 2011
New York (CNN) — New York is pulling out of a controversial federal program aimed at catching and deporting illegal immigrants with criminal histories, the state’s governor said Wednesday.
Gov. Andrew Cuomo said he is suspending the state’s participation in the program because of concerns about "its impact on families, immigrant communities and law enforcement in New York."
 
 

Chris Matthews: Calling Obama's Economic Policies European Is A "Slur"

"This is not a funny thing. There is a weird thing about your political party [Republican]. It's nativist. It is weird. Obama -- you still have a big bloc of Republicans that say he wasn't born in this country, in Africa or somewhere," Chris Matthews said on his show.

Chris Matthews clearly doesn't understand what people mean when they refer to Obama's economic policies as "European" or "European-style." Well, maybe he does understand and everybody else is wrong. Perhaps saying President Obama practices European-style economics is a racial "slur" and an example of "nativism" from his opponents.
 
 

Greenspan 'Scared' Over Deficit; Calls for Debt Ceiling Rise

Published: Friday, 3 Jun 2011 | 7:51 AM ET
Text Size
By: Jeff Cox
CNBC.com Staff Writer
The debt and deficit problem in the US is so serious that former Federal Reserve Chairman Alan Greenspan finds himself in the position of recommending the highest tax rates in more than a decade.
Alan Greenspan
Getty Images
Alan Greenspan

In an interview with CNBC, the former central bank chief described himself as a "small government, free-market economist" who nonetheless believes that in order to raise revenue and close the debt gap, 1990s-era taxes must be reinstituted.

 

 

 

President Obama: Economy on bumpy 'road to recovery'

Obama speaks at a Chrysler plant. | AP Photo
Obama sought to ease fears that the country could be slipping back into recession. | AP Photo Close

President Barack Obama on Friday told workers at a Chrysler plant in Toledo, Ohio, that the economy is on a bumpy “road to recovery,” hours after the release of a lackluster jobs report.
“This economy took a big hit,” Obama said. “Just like if you have a bad illness … it’s going to take a while for you to mend, and that’s what’s happening to our economy.”

Without mentioning the Labor Department’s May jobs report that showed the unemployment rate increasing from 9 percent to 9.1 percent, Obama said the economy has faced “headwinds” in recent months, including rising gas prices, the earthquake in Japan and instability in the Middle East.

Read more: http://www.politico.com/news/stories/0611/56216.html#ixzz1OGgvVL5d
 
  







No comments: