Posts Tagged ‘economy



31
Jul
14

Rise and Shine

On This Day: First Lady Michelle Obama salutes during the singing of the national anthem at Naval Station Norfolk, Va., July 31, 2009

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Today (All Times Eastern)

10:55: The President meets with members of Congress on foreign policy, Cabinet Room

12:0: White House press briefing

1:20: The President delivers remarks and signs an executive order on workplace safety, South Court Auditorium

3:40: Delivers remarks, Department of Housing and Urban Development

7:25: The President and First Lady host ‘A Celebration of Special Olympics and A Unified Generation’, East Room

8:25: Attend a concert commemorating the Special Olympics, State Dining Room

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Times Colonist: Obama To Sign Executive Order Cracking Down On Labor Violations By Federal Contractors

President Barack Obama is preparing to sign an executive order cracking down on labour violations by companies that contract with the federal government, the White House said Wednesday. Obama’s order will require companies seeking federal contracts valued at more than $500,000 to make public any labour law violations in the last three years, a step the Obama administration hopes will incentivize companies to resolve labour disputes such as back wage claims.

Federal agencies will be given more guidance on how labour violations should factor into their decision-making as they award lucrative contracts, officials said, with an eye toward pushing the most egregious violators into remediation agreements before new contracts are granted. Under the order, workers will also be given information each pay period to allow them to determine whether their paychecks are accurate.

More here

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Spandan Chakrabarti: BFD: “Incompetent” Black Man Leads US Economy To Solid, Sustained Growth

The economy grew at a strong 4% rate in the second quarter of 2014, outpacing analyst estimates by almost a full point. The news that is even more encouraging than the topline GDP growth number is where it came from: consumer spending, business investment, and exports. Consumer spending growth doubled since the first quarter, business investment growth grew by more than a factor of 3, and exports saw a near-20-point swing. The reason these particular numbers are so encouraging is that they all point to strong jobs growth.

In an economy that is 2/3rds consumer spending, growth in that area is the predominant factor in creating demand, and therefore, jobs. We have come here in less than six short years after the greatest economic calamity this country has ever seen, save for one. We have arrived here not only without creating a war bubble but while actually deflating the war bubble by ending wars. This is because while nearly everyone else has been busy trying to generate clicks, the President has worked day and night to generate jobs. This is because while the media has been busy looking for poutrage, this president has used his blood, sweat and tears to look for solutions.

More here

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Somini Sengupta: U.N. Says ‘Evidence’ Points To Israel In Gaza School Attack

Secretary General Ban Ki-moon said on Wednesday that “all available evidence” suggested that Israeli artillery had hit a United Nations school in Gaza full of civilians who thought they were in a safe zone. “Nothing is more shameful than attacking sleeping children,” the secretary general told reporters in San Jose, Costa Rica, according to a transcript provided by his office.

It was Mr. Ban’s strongest comments to date on attacks on United Nations installations in Gaza, where Palestinians have been taking shelter. Six United Nations staff members have been killed in the current conflict so far. United Nations officials said that they had informed Israel 17 times of the precise location of the school and that there were civilians sheltering there, including once at 8:50 p.m., just hours before the attack on Wednesday.

More here

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SmartyPants: Chuck Todd Is Finally Embarrassed

Oh…so I see that Chuck Todd is finally embarrassed by Washington because of all the impeachment talk. I have a few questions for Mr. Todd:

Were you embarrassed by the fact that our first African American President was required to produce a birth certificate?

Were you embarrassed when Rep. Joe Wilson shouted “You lie” to President Obama during a SOTU speech?

More here

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Justin Wolfers: What Debate? Economists Agree The Stimulus Lifted The Economy

Here’s a simple case study making the point that our political debates about economics have become largely unhinged from those among actual economists. Take the Obama stimulus plan, known as the American Recovery and Reinvestment Act. If you took your cues from the political rhetoric in Washington — or even from the occasional virulent debate in the economics blogosphere — you would think the whole question of fiscal stimulus is highly contested. But it’s not. There’s widespread agreement among economists that the stimulus act has helped boost the economy. The Initiative on Global Markets at the University of Chicago — hardly a hotbed of liberal or Keynesian thought — regularly surveys a number of the leading American economists about a variety of policy issues.

Recently each of these eminent economists was asked whether the unemployment rate was lower at the end of 2010 than it would have been without the stimulus bill. Of the 44 economists surveyed, 37 responded, yielding a healthy response rate of 84 percent. Among those who responded, 36 agreed that the stimulus bill had lowered the unemployment rate, while one disagreed. That lone disagreeing economist, Harvard’s Alberto Alesina (who was one of my thesis advisers), has been a virulent opponent of the stimulus, although the research that he’s based this upon has come under sustained criticism, particularly from the International Monetary Fund, which views the study as flawed.

More here

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OFA

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Sahil Kapur: House Votes To Sue President For The First Time In History

House Republicans officially gave Speaker John Boehner (R-OH) their seal of approval on Wednesday to sue President Barack Obama, marking the first time in U.S. history that a chamber of Congress has endorsed a lawsuit against a president. The House adopted the resolution by a vote of 225-201. Five Republicans joined a unanimous Democratic conference to vote against the measure. They were Reps. Thomas Massie (R-KY), Walter Jones (R-NC), Paul Broun (R-GA), Steve Stockman (R-TX) and Scott Garrett (R-NJ). The resolution authorizes Boehner to challenge Obama in court for exceeding his authority by unilaterally delaying deadlines under Obamacare.

Although he has said he’ll target the one-year delay of the health care reform law’s employer mandate penalties, the text of the GOP resolution gives the Speaker room to legally challenge implementation tweaks to other provisions of the law. It’s a politically awkward one for his party given that Republicans despise the employer mandate, and have voted to eliminate and delay it. “Republicans want to sue the president for not enforcing a law they want to repeal,” said House Minority Whip Steny Hoyer (D-MD). “It is wrong. It is a waste of time. It is a waste of money. It is a distraction from the important issues so important to our people. This lawsuit is nothing more than a partisan bill to rally the Republican base.”

More here

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Jesse Rosenfeld: Israel Is Minting The Next Generation Of Hate

The bombs continue falling, more and more people are running for their lives with fewer places to go and as the screams from beneath the wreckage of Israel’s assault become more frequent, a generation of Gaza’s children are being shaped by what they see. And yet, as kids often do, they can still surprise you. Inside a Gaza City UNRWA school that’s been turned into a shelter, children pack the courtyard. Ten-year-old Yasmine al Attar stares at me from under her dark curled bangs. Yasmine’s aunt, Hula al Attar, tells me her son can’t sleep amid the nightly air strikes. Instead he howls and shakes.

“My 11-year-old son saw bodies in the street in the [2008] war and he still can’t forget those images,” says the veiled 29-year-old mother. Yasmine speaks up. She tells me she can’t sleep either, and waits out the attacks by clinging to her mother in a corner classroom. I ask her what she wants to be when she grows up. “I don’t know if I will live,” she says flatly. When pressed for what she would like to be if she does survive, she becomes excited thinking about the possibilities. “I’ll be a doctor,” she says at first. Then she changes her mind. “I’ll be a journalist,” she says, pulling on her brown curls. “I just want to do something that helps people and tells the world what’s happening.”

More here

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Josh Marshall: The Wealth Gap Across Race, Gender And Marriage Status

The chart illustrates a pattern that most of us probably do not find surprising. But the sheer chasm separating single white men from Black and Hispanic single women is still shocking to see visualized so clearly. Single white men have 438 times the assets as single Black women and 365 times that of single Hispanic women. As we can see, marriage is a huge determinant of wealth – but mainly if you’re not white, and especially if you’re a woman.

As the report notes, owning a car is an important way to access more employment opportunities among other things. But that wealth is not easily accessible in dollar terms, which is highly relevant for the following reason. Great disparities of wealth not only have a huge impact on life opportunities and the prospects for wealth accumulation. They are hugely important factor in the precariousness of economic life experienced by different demographic groups.

More here

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On This Day

President Obama talks with Chief of Staff Rahm Emanuel outside of the Oval Office on July 31, 2009 (Photo by Pete Souza)

Continue reading ‘Rise and Shine’

30
Jul
14

Kansas City ♥ President Obama

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Pete Souza: Pres Obama acknowledges the crowd at the Uptown Theater in KC today

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Text of the President’s remarks here

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President Obama greets Grayling Taylor

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President Obama tries a sample of roasted coffee from Ethiopia at Parkville Coffee during a surprise stop along Main Street in Parkville, Missouri

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President Obama orders an iced tea

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Pete Souza: Pres Obama signs a coffee cup for a patron at Parkville Coffee

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President Obama greets people during a surprise stop on Main Street in Parkville, Missouri

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Pete Souza: Pres Obama scopes out the merchandise at Cool Vintage Watches in Parkville

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President Obama sips an iced tea while in a quilt shop

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President Obama greets airport workers and their families at Kansas City International Airport

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President Obama waves as he boards Air Force One, heading back to Washington, D.C.

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Back at the White House

30
Jul
14

Rise and Shine

On This Day: President Obama waves as he boards Air Force One at John F. Kennedy International Airport in New York, N.Y., July 30, 2012 (Photo by Pete Souza)

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Today (all times Eastern)

11:0: First Lady delivers remarks at the Young African Leaders Summit (link)

12:05: The President delivers remarks on the economy, Uptown Theatre, Kansas City

2:15: Departs Kansas City

4:40: Arrives White House

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The Week Ahead

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Instagram

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Steve Benen: U.S. economy bounces back in a big way

By any measure, the U.S. economy was unusually weak in the first quarter of the year (January through March), though most in the economic, financial, and political sectors were untroubled by the data. Indeed, for most, the winter drop was something of a fluke, caused by unusually harsh weather conditions and an unexpected drop in health spending.

Still, the first-quarter report made the second-quarter data all the more important. Would the economy bounce back? This morning, we received an answer – and for those rooting for economic success, the results were even better than expected.

…. today’s report showing 4% growth is terrific and reinforces the perception of an economy picking up speed.

More here

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Bloomberg: Economy in U.S. Grows More Than Forecast

Gains in consumer spending and business investment helped the U.S. economy rebound more than forecast in the second quarter following a slump in the prior three months that was smaller than previously estimated.

Gross domestic product rose at a 4 percent annualized rate after shrinking 2.1 percent from January through March, Commerce Department figures showed today in Washington. The median forecast of 80 economists surveyed by Bloomberg called for a 3 percent advance. Consumer spending, the biggest part of the economy, rose 2.5 percent, reflecting the biggest gain in purchases of durable goods such as autos in almost five years.

More here

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New Republic: McDonald’s Workers Were Just Handed a Huge Victory by the Obama Administration

The news for America’s low-wage workers has been pretty bleak these past, oh, 30 or 40 years or so. Their pay has stagnated and their bargaining power has atrophied, even as their corporate overlords have seen their own profits and compensation soar. But there are signs of a brightening underway, and the latest one arrived Tuesday in the form of a possibly consequential finding against one of the most iconic low-wage employers of all, McDonald’s.

The general counsel of the National Labor Relations Board, Richard Griffin Jr., ruled that he would include McDonald’s as a “joint employer” in the 43 unfair labor practice complaints filed by McDonald’s workers over the past 20 months that Griffin deemed had merit (the complaints mostly involve retaliation against workers who engaged in organizing efforts). In the past, McDonald’s and other big fast-food chains have avoided responsibility in such cases, on the premise that their thousands of franchisees are the real employers, not the corporate giant in whose name they operate….

More here

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NYT: What Debate? Economists Agree the Stimulus Lifted the Economy

Here’s a simple case study making the point that our political debates about economics have become largely unhinged from those among actual economists. Take the Obama stimulus plan, known as the American Recovery and Reinvestment Act. If you took your cues from the political rhetoric in Washington — or even from the occasional virulent debate in the economics blogosphere — you would think the whole question of fiscal stimulus is highly contested.

But it’s not. There’s widespread agreement among economists that the stimulus act has helped boost the economy.

More here

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Roger Cohen (NYT): Zionism and Its Discontents

…. I am a Zionist because the story of my forebears convinces me that Jews needed the homeland voted into existence by United Nations Resolution 181 of 1947, calling for the establishment of two states — one Jewish, one Arab — in Mandate Palestine…

What I cannot accept, however, is the perversion of Zionism that has seen the inexorable growth of a Messianic Israeli nationalism claiming all the land between the Mediterranean and the Jordan River; that has, for almost a half-century now, produced the systematic oppression of another people in the West Bank … that blockades Gaza with 1.8 million people locked in its prison and is then surprised by the periodic eruptions of the inmates; and that responds disproportionately to attack in a way that kills hundreds of children.

…. Hamas is vile. I would happily see it destroyed. But Hamas is also the product of a situation that Israel has reinforced rather than sought to resolve.

This corrosive Israeli exercise in the control of another people, breeding the contempt of the powerful for the oppressed, is a betrayal of the Zionism in which I still believe.

Full article here

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Charles Pierce: All There Is To Do

…. the president announced that new and harsher sanctions would be placed on Russia. The European Union finally came around and joined him, which means, I guess, that knocking a civilian airliner out of the sky is what gets the EU’s attention.

…. the president was right in knocking down the notion that this represents a new Cold War.

First of all, there’s no Russian bloc this time. There’s just Vladimir Putin, who is a Russian nationalist and an autocrat, but not a Tsar or a General Secretary, who fights his proxy wars on his own borders, and not around the world. And, like any autocrat, he is theoretically most vulnerable to other autocrats, either individually or in combination.

Like any nationalist, he is most vulnerable to pragmatists who like to hold onto the lifestyles the country has provided them. As nearly as I can tell, beyond a desire to re-establish Russia as a world power, and to establish himself as a world leader, Putin’s not motivated by any ideology that isn’t vulnerable to financial pressure.

Full post here

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Steve Benen: Parties, presidents, and economic power

Derek Thompson highlighted an interesting economic trend that Republicans very likely find discouraging: “In the 70 years, the U.S. economy has been better, across many metrics, when a Democrat has been the president.” In particular, Thompson noted a “fantastically interesting” paper from Princeton professors Alan Blinder and Mark Watson, who reported that from 1947 to 2013, in literally every category, Democratic presidents outperformed Republican presidents.

…. it’s a democracy and partisan bragging rights matter, too. Why Democrats don’t run around boasting about reports like these is a mystery to me – if Republicans had a talking point like this at their disposal, I suspect we’d never hear the end of it.

Full post here

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ThinkProgress: Obama To Issue Series Of Executive Actions Tackling Methane Leaks From Pipelines

President Obama will announce a series of executive actions on Tuesday designed to tackle the increasing problem of methane leaks from natural gas pipelines, which are significantly contributing to global warming, according to a White House press call.

White House Director of Energy and Climate Change Dan Utech told reporters on Monday that the actions would be part of President Obama’s strategy to cut methane emissions, a key directive under his Climate Action Plan announced last summer. Under the plan, Obama vowed to combat climate change despite inaction from Congress by using his executive powers to curb greenhouse gas emissions.

More here

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Crooks and Liars: A Professor’s Amazing Idea On Dealing With Open Carry Activists

More here

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DPCC: Despite Speaker’s Claims to the Contrary, Dozens of Republicans Irresponsibly Float Impeachment

HOUSE SPEAKER BOEHNER SAYS REPUBLICAN TALK OF IMPEACHMENT IS “ALL A SCAM”

Speaker John Boehner (R-OH): “This whole talk about impeachment is coming from the president’s own staff and coming from Democrats on Capitol Hill. Why? Because they are trying to rally their people to give money and to show up in this year’s election,” Boehner told reporters Tuesday morning. “We have no plans to impeach the president. We have no future plans.” [Washington Post, 7/29/14]

…BUT RECKLESS COMMENTS MADE BY HIS OWN PARTY PROVE OTHERWISE

Sen. Jim Inhofe (R-OK):  Inhofe, the top Republican on the Senate Armed Services Committee, said in an interview Thursday with “The Rusty Humphries Show” that impeachment would become an issue soon over the “greatest cover-up in American history.” “People may be starting to use the I-word before too long,” Inhofe said. “The I-word meaning impeachment?” Humphries asked. “Yeah,” Inhofe responded. [The Hill, 5/10/13]

More here

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ThinkProgress: Appeals Court Saves Mississippi’s Only Abortion Clinic

On Tuesday, the Fifth Circuit Court of Appeals struck down a law that would have closed down Mississippi’s only abortion clinic, invalidating a 2012 measure requiring abortion doctors to obtain admitting privileges at local hospitals. The state’s only two abortion providers fly in from out of state to serve patients and were repeatedly denied partnerships with local hospitals.

The three-judge panel ruled that since the U.S. Supreme Court established a constitutional right to abortion, “Mississippi may not shift its obligation for established constitutional rights of its citizens to another state,” the Associated Press reports.

More here

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I’m still laughing at SheriffFruitfly’s caption for this @petesouza gem:

“Dad behind him thinking “wtf the boy never listens to me like that”

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On This Day

Sen. Obama speaks at a campaign stop, July 30, 2008, in Union, Missouri

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Continue reading ‘Rise and Shine’

29
Jul
14

Rise and Shine

On This Day: President Obama reacts to a picture presented to him of a younger Robert Gibbs, who played soccer at North Carolina State, following a town hall meeting at Broughton High School in Raleigh, N.C. on July 29, 2009 (Photo by Pete Souza)

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Today (All Times Eastern)

11:15: The President meets with a group of House Democrats on economic issues, Roosevelt Room

12:0: White House press briefing

3:0: The President departs White House

3:25: Meets with wounded service members, Walter Reed Hospital

5:15: Departs Bethesda, Maryland

7:0 CT: Arrives Kansas City, Missouri

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The Week Ahead

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Reuters: Table For Five: Obama To Dine With Kansas City Penpals

Valerie, a single mom from Kansas City, Missouri, who owns a small business, wrote to President Barack Obama last week “in the middle of the night,” describing just how hard she works.

On Tuesday, she will get the chance to tell Obama in person as one of four people the president dines with in a visit to the midwestern city – part of a summertime White House campaign to rouse Democratic voters ahead of November midterm elections.

“Are you serious?” said Valerie – whose last name was not provided – to Josh Earnest, Obama’s press secretary, who phoned her to invite her to the dinner.

“Oh my God! I would love it!” she told Earnest in a video made by the White House.

More here

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BBC: Israel Intensifies Gaza Attacks After Netanyahu Warning

At least 60 Palestinians are said to have been killed after Israel intensified its bombardment of Gaza and warned of a long conflict ahead.

Gaza’s only power plant caught fire as Israel carried out 60 air strikes, targeting sites associated with Hamas, the Islamist group which controls Gaza.

UN staff members are said to be among those killed.

….. A huge plume of smoke rose over the strip’s only power plant after one of its fuel tanks was reportedly set alight by Israeli tank shells, and the plant was forced to shut down.

More here

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Jesse Rosenfeld: Israel Creates ‘No Man’s Land’ In Gaza, Shrinking Strip By 40 Percent

To protect itself from Hamas rockets and tunnels, Israel is forcing tens of thousands of people out of their homes, turning their old neighborhoods into a no-man’s land.

BEIT HANOUN, Gaza — This narrow strip of land that used to be called “the Gaza Strip,” already one of the more densely populated places on earth, is growing dramatically smaller. The Israeli military, relentlessly and methodically, is driving people out of the three-kilometer (1.8 mile) buffer zone it says it needs to protect against Hamas rockets and tunnels. According to the United Nations Office for the Coordination of Humanitarian Affairs, the buffer zone eats up about 44 percent of Gaza’s territory.

What that means on the ground is scenes of extraordinary devastation in places like the Al Shajaya district approaching Gaza’s eastern frontier, and Beit Hanoun in the north. These were crowded neighborhoods less than three weeks ago. Now they have been literally depopulated, the residents joining more than 160,000 internally displaced people in refuges and makeshift shelters. Apartment blocks are fields of rubble, and as I move through this hostile landscape the phrase that keeps ringing in my head is “scorched earth.”

More here

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Michael Hiltzik: Here’s The Single Best Analysis Of The Halbig Anti-Obamacare Ruling

Northwestern University law and political science professor Andrew Koppelman moves past the absurd legal theory underlying the Halbig ruling on the Affordable Care Act — in which a federal appeals court invalidated subsidies provided to insurance buyers on federal, as opposed to state, insurance exchanges — to ask why the lawsuit’s backers brought the case in the first place. We know the consequences of the ruling: If it stands, about 4.8 million Americans will lose their subsidies and likely their health insurance, since it would be rendered unaffordable; there are residents of as many as 36 states that let the federal government establish their exchanges.

But is that what the plaintiffs and their backers really desired? And if not, what was their real goal? Koppelman’s conclusion is that the lawsuit is a product of the “moral dysfunction” infecting the fight over Obamacare. “The opponents of Obamacare,” he writes in the New Republic, “have from the beginning found themselves driven by the logic of their position to make arguments that are increasingly morally repulsive.” In this case and others aimed at overturning the ACA, he writes, the argument is that “if you get sick and you can’t pay for it, that’s your tough luck.” Koppelman doesn’t think the plaintiffs really believe that. He thinks they’re merely out to make a narrow ideological point about government responsibility, and the 4.8 million possible victims of their campaign are merely collateral damage.

More here

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Business Insider: Israel Grants First Golan Heights Oil Drilling License To Dick Cheney-Linked Company

Israel has granted a U.S. company the first license to explore for oil and gas in the occupied Golan Heights, John Reed of the Financial Times reports.

A local subsidiary of the New York-listed company Genie Energy — which is advised by former vice president Dick Cheney and whose shareholders include Jacob Rothschild and Rupert Murdoch — will now have exclusive rights to a 153-square mile radius in the southern part of the Golan Heights.

That geographic location will likely prove controversial. Israel seized the Golan Heights in the Six-Day War in 1967 and annexed the territory in 1981. Its administration of the area — which is not recognized by international law — has been mostly peaceful until the Syrian civil war broke out 23 months ago.

More here

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BBC: Russia ‘Violated 1987 Nuclear Missile Treaty’, Says US

Russia has violated a key arms control treaty by testing a nuclear cruise missile, the US government says.

Russia tested a ground-launched cruise missile, breaking the Intermediate-Range Nuclear Forces Treaty signed in 1987 during the Cold War, the US said.

A senior US official did not provide further details on the alleged breach, but described it as “very serious”.

The bilateral agreement banned medium-range missiles with ranges between 500 and 5,500 km (300 to 3,400 miles).

More here

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BBC: EU Set To Widen Sanctions On Russia Over Ukraine

The European Union is set to agree new sanctions against Russia, targeting its finance, energy and defence sectors over the conflict in Ukraine.

Top Russian individuals and entities are already subject to EU sanctions for their alleged role in Ukraine’s crisis.

Calls for the EU to act have been fuelled by the downing of flight MH17.

An international team has again failed to access the crash site in eastern Ukraine, amid heavy fighting between government forces and rebels there.

This is the third time in as many days that the team, which includes Dutch and Australian police officers, has had to abandon attempts to reach the site.

More here

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Michael Felberbaum: US Court: Virginia Marriage Is For All Lovers

Virginia’s same-sex marriage ban was ruled unconstitutional on Monday in the first such decision by a federal appellate court in the South. “We recognize that same-sex marriage makes some people deeply uncomfortable. However, inertia and apprehension are not legitimate bases for denying same-sex couples due process and equal protection of the laws,” Judge Henry F. Floyd wrote. The 2-1 ruling applies throughout the circuit that also includes West Virginia, Maryland, and the Carolinas, where the attorneys general split Monday on what they’ll do next. Virginians voted 57 percent to 43 percent in 2006 to amend their constitution to ban gay marriage.

Virginia laws prohibit recognizing same-sex marriages performed in other states. Floyd said such measures “impermissibly infringe on its citizens’ fundamental right to marry.” The 4th U.S. Circuit Court of Appeals in Richmond is the second federal appellate court to overturn gay marriage bans, and the first to affect the South, a region where the rising tide of rulings favoring marriage equality is testing concepts of states’ rights that have long held sway. Gay marriage proponents have won more than 20 legal decisions around the country since the U.S. Supreme Court struck down part of the federal Defense of Marriage Act last year. Most are still under appeal. More than 70 cases have been filed in all 31 states that prohibit same-sex marriage. Nineteen states and the District of Columbia allow such marriages.

More here

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CNBC: US Confidence Jumps In July As Consumers See Better Days Ahead

Consumers grew more confident about the economy in July, The Conference Board reported on Tuesday, with stock markets perched near record highs and expectations building for the recovery. The Conference Board’s Consumer Confidence Index rose to 90.9, higher than expectations and above the prior month’s showing of 86.4. That was the component’s highest since October 2007.

More here

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On This Day

 President Obama eats a peach following a town hall meeting at Kroger’s Supermarket in Bristol, Va. on July 29, 2009. Seconds later, the President handed a dollar bill to the CEO of Kroger’s, who attended the event (Photo by Pete Souza)

President Obama listens to a question at a town hall meeting at Broughton High School in Raleigh, N.C. on July 29, 2009 (Photo by Lawrence Jackson)

The hands of U.S. Secret Service agents as President Obama shakes hands along a rope line following a health care town hall meeting at Broughton High School in Raleigh, N.C on July 29, 2009 (Photo by Pete Souza)

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Crime victim Lisa Marie Iyotte gets emotional while introducing President Obama before he signed the Tribal Law and Order Act during a ceremony in the East Room at the White House, on July 29, 2010

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First Lady Michelle Obama greets U.S. military families at Royal Air Force Mildenhall, England, July 29, 2012

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President Obama greets former Secretary of State Hillary Rodham Clinton in the Outer Oval Office, July 29, 2013 (Photo by Chuck Kennedy)

President Obama has lunch with former Secretary of State Hillary Rodham Clinton on the patio outside the Oval Office, July 29, 2013 (Photo by Chuck Kennedy)

President Obama meets with Secretary of State John Kerry in the Oval Office, July 29, 2013 (Photo by Chuck Kennedy)

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22
Jul
14

The President and First Lady’s Day

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 President Barack Obama signs the Workforce Innovation and Opportunity Act; a job-training legislation which aims to help job seekers gain valuable employment skills, as guests and members of Congress look on at the White House

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Text of the President and Vice President’s remarks here

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In other important news today…

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President Barack Obama meets with Apollo 11 astronauts Edwin “Buzz” Aldrin and Michael Collins to commemorate the 45th anniversary of the Apollo 11 mission

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Continue reading ‘The President and First Lady’s Day’

22
Jul
14

Rise and Shine

On This Day: President Obama hugs Stephanie Davies, who helped keep her friend, Allie Young, left, alive after she was shot during the movie theater shootings in Aurora, Colorado. The President visited patients and family members affected by the shootings at the University of Colorado Hospital, July 22, 2012. (Photo by Pete Souza)

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Today

All times Eastern

10:35: The President meets with Apollo 11 representatives to recognize the 45th anniversary of the moon landing

11:0: Josh Earnest briefs the press

12:10: The President signs H.R. 803, the Workforce Innovation and Opportunity Act, South Court Auditorium

1:0 Departs the White House

3:30: Drink Up! with First Lady Michelle Obama, The White House

All times PDT

3:15: President Obama arrives Seattle, Washington

5:05: Attends a DNC fundraiser; private residence, Seattle

6:0: Attends a fundraiser for Senate Democrats; private residence, Bellevue, Washington

7:25: Departs Seattle

9:10: Arrives San Francisco

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The Week Ahead here

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Reuters: Obama, Biden Highlight Job-Training In Middle-Class Push

President Barack Obama and Vice President Joe Biden will put a spotlight on job-training programs on Tuesday as part of a White House push to boost economic opportunities for middle-class Americans, an important voting group in November elections.

Obama will sign the “Workforce Innovation and Opportunity Act,” which the White House said would help “improve business engagement and accountability across federally funded training programs.”

Biden will unveil a new report that will show the results of a study about how to make federal training programs more successful and better tailored to employers’ needs.

More here

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ThinkProgress: Palestinian Civilians Make Up Three-Quarters Of The Dead In Gaza

The Israeli ground operation in Gaza extended on Monday, as international calls for a cease-fire mounted and the death toll continued to increase. While Israel lost several soldiers in the last day, the number of those killed during the latest iteration of the war between Hamas and Israel has been disproportionate, with the vast majority of the dead being both Palestinian and civilian.

The United Nations Office for the Coordination of Humanitarian Assistance (OCHA) publishes a daily snapshot of the crisis, pulling together the numbers from health officials in Gaza and reports from the various humanitarian organizations in the field. In their last report, which covered from July 19 -20, they noted that 3,008 Palestinians had been injured in the course of the fighting, “904 of whom are children and 533 women.” And at the time the report was published on Sunday, the number of those killed was 395: 375 on the Palestinian side “including 270 civilians, of whom 83 are children and 36 women” and 20 Israelis “including two civilians and 18 soldiers.”

More here

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Ian Millhiser: BREAKING: Two Republican Judges Order Obamacare Defunded

Near the end of 2013, Sen. Ted Cruz (R-TX) led a final crusade to defund the Affordable Care Act, eventually announcing on the Senate floor that “I intend to speak in opposition to Obamacare, I intend to speak in support of defunding Obamacare, until I am no longer able to stand.” Cruz did succeed in goading his fellow Republicans into shutting down the federal government, but his effort was ultimately doomed. The American people’s elected representatives voted not to defund Obamacare, and the shutdown ended.

On Tuesday, two Republican judges voted to rewrite this history. Under Halbig v. Burwell, a decision handed down by Judge Raymond Randolph, a Bush I appointee, and Judge Thomas Griffith, a Bush II appointee, millions of Americans will lose the federal health insurance subsidies provided to them under the Affordable Care Act — or, at least, they will lose these subsidies if Randolph and Griffith’s decision is ultimately upheld on appeal. Ted Cruz is undoubtedly smiling today. Two unelected Republicans just voted to erase his most embarrassing and most public defeat, and they voted to take away millions of Americans health care in the process.

More here

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TPM: Journalist Who Accused MSNBC Of Pro-Israel Bias: I’ve Been Canceled!

After expressing some candid on-air criticism of MSNBC, network contributor Rula Jebreal is wondering if she’s in the cable news channel’s dog house. Jebreal said in a tweet Monday evening that her “forthcoming TV appearances” had been canceled. The Palestinian journalist also questioned if there might be a “link” between the cancelations and her comments earlier in the day in which she said MSNBC’s coverage had been biased toward Israel amid the nation’s ongoing conflict with Hamas.

While appearing on Monday’s episode of “Ronan Farrow Daily,” Jebreal said the channel’s coverage of the conflict was too favorable toward Israel. She even singled out Andrea Mitchell, the NBC News foreign affairs correspondent and MSNBC host. “Look at how many airtime Netanyahu and his folks have on air on a daily basis. Andrea Mitchell and others,” Jebreal said. “I never see one Palestinian being interviewed on theses same issues.”

More here

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U.S. President Obama waves with Cordray during a trip Cleveland

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Amy Traub: The Enduring Success Of The CFPB At Three

Three years ago today the US Consumer Financial Protection Bureau opened its doors. It was a new government agency produced by the Dodd-Frank Act: part of Congress’ attempt to address the rampant misconduct by banks, mortgage lenders, ratings agencies and other financial institutions that brought on the 2008 financial crisis and started the Great Recession. In its three years of existence, the CFPB has already forced credit card companies to return $1.5 billion to consumers that they deceived with fraudulent add on products; reformed mortgage lending rules to ensure borrowers have a genuine ability to repay their loans; and began to sue student loan companies for predatory practices, among many other accomplishments. The agency also handles direct consumer complaints about abusive and deceptive financial products and services—400,000 of them so far. It’s a highly impressive record for a fledging agency.

Now the CFPB wants to let consumers take their complaints public, going beyond the existing database of bare-bones information to enable consumers to provide a full narrative with context about the financial products or services they believe harmed them and how the problem has impacted their lives. Consumers can anonymously tell the whole story about the credit reporting company that refused to remove a blatant error from their report, the mortgage servicer that started a foreclosure despite a history of on-time payments, or the car dealership that marketed deceptive auto loans. The companies they are complaining against would have an opportunity post a public response that would appear alongside the complaint at the same time it is made public.

More here

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Martin Shaw: Wagging The Dog: Gaza & MH17 Plane Deaths Stem From Netanyahu, Putin, Search For Popularity

The Ukraine and Gaza crises alike demonstrate the risks of aggressive policy based on short-term calculations. Vladimir Putin and Binyamin Netanyahu’s war-as-politics invites damaging long-term consequences.

The slaughters in Ukraine and Gaza have one thing in common. Both result from governments authorising violence which is overwhelmingly motivated by domestic politics and appears almost gratuitous from a strategic point of view. Such policies promise short-term domestic popularity, but risk losing international credibility and producing serious blowback. Vladimir Putin is now finding this out. Binyamin Netanyahu should take note: the blowback for Israel could be far more serious.

More here

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Michael Krancer: The Surprising Reasons Why Lowering CO2 Emissions Will Drive Our Electricity Bills Down, Not Up

If the customer wants clean energy, he’ll have to pay for it, right? Wrong. There’s actually no premium attached to low-carbon power, state utility regulators heard last week at their annual conference in Dallas. I’ll cut to the chase. Check out this report from Analysis Group, a five-star consultancy based in Boston, who presented at the conference. “Based on our own analysis and experience, we believe that the impacts on electricity rates from well-designed CO2-pollution control programs will be modest in the near term, and can be accompanied by long-term benefits in the form of lower electricity bills and positive economic value to state and regional economies.”

Here’s the back-of-the-envelope math. The EPA says that the Clean Power Plan—America’s no-nonsense blueprint to cut carbon pollution from its power plants—will cost between $4.3 billion to $7.5 billion per year by 2020. Let’s take a mean of $5.9 billion for the sake of fairness. That’s a mere 1.6 percent of America’s total spending of $363.7 billion on electricity in 2012. If you want an itemized bill, that $5.9 billion will include investment in cleaner generation, including increased zero-carbon low-cost nuclear power, the expense of wringing efficiencies from existing plants, fuel-switching costs, and “demand-side” efficiency measures—which translates to getting your customer use power more smartly.

More here

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Steve Benen: Russia’s U.S. Standing Plummets, Still More Popular Than Congress

It wasn’t too long ago that Russia was fairly popular in the minds in the American mainstream …. It takes real effort to go from 41% to 19% favorability in the course of five months.

But what stands out for me is a CNN poll from a few weeks ago that said Congress has a 14% approval rating.

Let’s pause to appreciate what this is telling us.

Most Americans believe that Russia will try to cover up its possible involvement in the death of 298 people ….. despite this recent bloodshed, still very much on the minds of millions, Russia is still a few points more popular than Congress.

More here

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The People’s View: Elizabeth Warren, Barack Obama, And Lessons In Reform And Pragmatism

This will be a little hard to hear for the fashionable Lefty detractors of the president’s: Sen. Elizabeth Warren is openly celebrating President Obama’s financial reform law. There have always been detractors who routinely bemoan the Barack Obama’s “capitulation” and “friendliness” to big banks, presenting as evidence what they call a meaningless banking reform bill – Dodd-Frank – the president’s key financial reform accomplishment. In the next breath, they lament why Barack Obama could not “fight” the banks like Elizabeth Warren – with no hint of irony that a key part of President Obama’s financial reform is Warren’s brainchild: the Consumer Financial Protection Bureau. Even when acknowledged, the moaning crowd is still upset that Warren is now a United States Senator rather than the head of CFPB.

And of course… no perpwalks on Wall Street! Because, what good is reform without theater? Today is the fourth anniversary of the most significant financial reform law since the 1930s, which among other things created the Consumer Financial Protection Bureau. This is a fact not often noticed by those who see Warren as salvation from the “compromiser in chief” Obama, but the gravity of the achievement certainly did not escape Warren herself. On her Facebook page and in an email sent to supporters, Warren has two words for Dodd-Frank and the CFPB: It worked.

More here

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Stephanie Armour: Health Plans Must Disclose Changes To Contraceptive Coverage

The Obama administration said that employers that stop covering contraceptives in workers’ health plans under a Supreme Court ruling must disclose the change to beneficiaries. The court’s late-June Hobby Lobby decision allows some closely held companies to opt out of the Affordable Care Act’s contraceptive requirement on religious grounds. The administration’s notice Thursday made clear that if all or a subset of contraceptive services aren’t covered under a group health plan,

beneficiaries must be informed of the extent of the exclusions. Federal law covering pension and health plans requires that employers alert employees if they change or drop benefits. Plans that reduce or eliminate coverage must provide expedited notification, generally no longer than 60 days after the change. The requirement applies to all group health plans, including those that pay workers’ health claims directly and those that rely on an insurer for that.

More here

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On This Day

Sen. Barack Obama speaks as Sen. Chuck Hagel listens during a news conference at the citadel July 22, 2008 in Amman, Jordan

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Continue reading ‘Rise and Shine’




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