Posts Tagged ‘free

31
Jul
13

Rise and Shine

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Today (all times Eastern)

10:10: The President meets with the House Democratic Caucus, United States Capitol

11:25: Meets with the Senate Democratic Caucus, United States Capitol

(C-Span have live coverage listed for 11:15, but the meetings are closed so they’ll probably just show statements after)

2:10: President Obama welcomes the NCAA Champion UConn Huskies to honor the team and their 2013 NCAA Women’s Basketball Championship

3:0 Congressional leaders join together for a ceremony to commemorate the 50th anniversary of the 1963 March on Washington for Jobs and Freedom (C-Span 3)

4:30: The President and VP Biden meet with Secretary of the Treasury Lew

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Steve Benen: Economic growth exceeds expectations

Going into this morning, expectations for economic growth in the second quarter — April, May, and June of this year — were quite poor, making the actual GDP report a little more encouraging.

The U.S. economy grew at a 1.7% annual rate in the second quarter, buoyed by a solid gain in consumer spending and a sharp increase in business investment, the Commerce Department said Wednesday. Economists polled by MarketWatch had expected growth to total 1.0%.

To be sure, 1.7% GDP growth is not, by any fair measure, good news. It tells us the economy is growing, but the recovery is at best sluggish. But given the news we were expecting, 1.7% is a relatively pleasant surprise, especially since the previous quarter’s growth was revised down to 1.1%.

More here

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Bloomberg: Economy in U.S. Expands More Than Forecast on Inventories

The economy in the U.S. grew more than projected in the second quarter, reflecting an unexpected pickup in inventory building as consumer spending cooled. Growth in the previous three months was revised down.

Gross domestic product, the value of all goods and services produced, rose at a 1.7 percent annualized rate, after a 1.1 percent gain the prior quarter, Commerce Department figures showed today in Washington. The median forecast of 85 economists surveyed by Bloomberg called for a 1 percent advance for last quarter. Consumer spending, the biggest part of the economy, climbed 1.8 percent after increasing 2.3 percent.

Job gains and rising home prices are shoring up Americans’ confidence and lifting automobile sales and production, making it likely the U.S. will pick up once government spending cuts and tax increases pose less of a restraint. The report also showed inflation is falling further below the Federal Reserve’s goal….

More here

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Steve Benen: Reality gets in the way of far-right shutdown scheme

As a large group of Republicans push for a government shutdown over the Affordable Care Act, Norm Ornstein offered some compelling context. “You could say it’s a do-nothing Congress but that doesn’t do justice to it,” he said. “These guys are doing something, which is to destroy the economic fabric of the country by holding the functions of government hostage to a non-negotiable demand to eliminate Obamacare.”

That’s plainly true, though Sen. Ted Cruz (R-Texas), arguably the main ringleader of the scheme, apparently believes destroying the economic fabric of the country by holding the functions of government hostage to a non-negotiable demand to eliminate Obamacare is a fine idea. As Sarah Kliff reported, however, there is a flaw in the right-wing premise…..

More here

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Steve Benen: ATF finally poised to move forward with real leadership

Ask conservative opponents of gun reforms what they’d like to see from law enforcement, and you’ll probably get a predictable answer: we should enforce the gun laws we already have, not approve new ones. For the last several years, however, that’s been easier said than done.

Enforcement of existing gun laws generally falls under the purview of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), which has lacked a permanent, Senate-confirmed leader for the last seven years, thanks to opposition from Republicans and the National Rifle Association, both of which have reflexively balked at the very idea of an ATF chief.

With this in mind, we may be poised for a breakthrough this week….

More here

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ThinkProgress: Texas Lawmakers Are Too Busy Focusing On Abortion Restrictions To Get Anything Else Done

Just over an hour after Texas legislators concluded their second special session — an extra lawmaking session they used to enact sweeping abortion restrictions — Gov. Rick Perry (R) called them back for a third one. An outstanding highway funding bill is the only item on the agenda. “When it comes to transportation, the stakes facing our state could not be higher,” the governor noted in a statement.

Perry cited that same transportation measure as one of the reasons he believed it was necessary to call the first special legislative session at the beginning of June. But instead of focusing on getting that done, the governor demonstrated a different set of priorities — adding a slew of anti-abortion provisions that were unable to advance during the state’s regular session to the docket.

More here

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Bob Cesca: Bradley Manning Lives in a Nation of Laws, and, Hero or Not, He Broke 16 of Those Laws

While fleeing from the law in Hong Kong, Edward Snowden encouraged a return to “the rule of law rather than men.” In spite of his politically incorrect usage of “men” instead of “men and women,” he’s right. Generally speaking, individual citizens shouldn’t be held above the law — least of all a soldier named Pfc. Bradley Manning who stole 720,000 classified documents and handed them over to be be indiscriminately posted for public consumption by Julian Assange’s Wikileaks.

More here

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Two years ago today:

President Barack Obama and Vice President Joe Biden shake hands in the Oval Office following a phone call with House Speaker John Boehner securing a bipartisan deal to reduce the nation’s deficit and avoid default, Sunday, July 31, 2011. (Photo by Pete Souza)

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MoooOOOooorning!

29
Oct
12

Catching Up

Cagle

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ThinkProgress: The federal government’s ability to respond to natural disasters, like Hurricane Sandy currently bearing down on the East Coast, would be significantly hindered under a Romney-Ryan administration.

At least three times, Mitt Romney and Paul Ryan have publicly demanded that the federal government only disburse disaster relief funding if Congress agreed to offsetting budget cuts elsewhere. This would hold desperately-needed disaster relief funding hostage unless Congress agreed to cuts elsewhere in the budget, an extraordinarily difficult prospect even in normal circumstances.

More here

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Romney campaign heads explode:

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Rolling Stone (Thanks Collegekay)

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Michael Tomasky: F-You Dishonesty: Romney and Jeep

There’s basic dishonesty and then there’s f-you dishonesty – dishonesty so blatant, so consciously abusive of facts that everyone knows, that it deserves a category of its own. Kato Keilin: dishonesty. O.J.: f-you dishonesty.

Romney’s new ad about Jeeps and Italy is f-you dishonest….

Full post here

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Bill Keller (NYT): The No Agenda Myth…

…. With Obama, we can anticipate that the unfinished business of universal health care and the re-regulation of the Wall Street casino will be finished. We can expect investments in education, infrastructure and innovation, followed by a gradual, balanced attack on deficits that includes higher taxes on the wealthiest …. We can expect the Pentagon, after winding down two wars, to bank a peace dividend ….. The fact that these objectives represent a continuation of his first term does not mean he is aiming low. These are ambitious goals.

If Romney is elected…. we can fairly expect a rollback of universal health care in favor of the rough marketplace, and at least a partial dismantling of regulations on banks, extractive industries and whatever other industries squeal about job-killing red tape. We can expect a lowering of the safety net, especially a retrenchment of Medicaid and a marketization of Medicare. His deficit plan will rely on draconian spending cuts and on the supply-side superstition that tax cuts automatically produce growth …. You can expect another Scalia or two on the Supreme Court, the defunding of Planned Parenthood and a social agenda aimed at appeasing the evangelical base….

There’s more, but you get the idea. Two agendas; compare and contrast…..

Full article here

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Link

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Detroit News: Chrysler Group LLC reported a net profit of $381 million for the third quarter of 2012 on Monday, up 80 percent from the $212 million profit the company reported for the same period a year ago.

It was further proof that the Auburn Hills automaker’s recovery is continuing, and should help offset the losses that its Italian parent company, Fiat SpA, is expected to announce on Tuesday.

…. Monday’s results mark the third consecutive quarter of solid profitability for the company…

…. Since emerging from bankruptcy in 2009, Chrysler has not only returned to solid profitability, but also announced investments of more than $4.5 billion in the United States and Canada, repaid its government loans in full with interest six years ahead of schedule and launched 18 new or refreshed cars and trucks.

More here

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Orlando, October 28 (Scout Tufankjian for Obama for America)

Click to see the rest of the post

01
Oct
12

Rise and Shine

Las Vegas Sun: About 11,200 people stood for hours in 90-degree heat Sunday for a chance to see a campaign rally for President Barack Obama (Desert Pines High School, September 30)

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Monday and Tuesday: The President will remain in Henderson, Nevada.

Wednesday: He will travel from Henderson to Denver where he will participate in the first Presidential Debate at the University of Denver. The First Lady will also attend. The President and the First Lady will remain overnight in Denver.

Thursday: PBO will deliver remarks at campaign events in Denver and Columbus, Ohio. He will return to Washington, DC in the evening.

Friday: PBO will deliver remarks at campaign events in Vienna, Virginia and Cleveland, Ohio. He will return to Washington, DC in the evening.

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Retweet!

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President Obama goes comedy-book shopping:

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Click here to see the rest of the post

19
Apr
12

rise and shine

President Obama sits on the famed Rosa Parks bus at the Henry Ford Museum following an event in Dearborn, Mich., April 18 (Pete Souza)

“I just sat in there for a moment and pondered the courage and tenacity that is part of our very recent history but is also part of that long line of folks who sometimes are nameless, oftentimes didn’t make the history books, but who constantly insisted on their dignity, their share of the American dream.”

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Detroit Free Press: The good economic news has been stacking up for Michigan.

On Wednesday, the state reported that the unemployment rate fell to 8.5% for March, a level not seen since August 2008 and down 2 percentage points from a year ago. The jobless rate in metro Detroit fell to 9.4%, down 2.3 percentage points from a year ago.

…. And a PNC Bank survey of small companies in Michigan found that 35% plan to hire full-time or part-time employees sometime in the next six months …. worker rolls have increased across various industries, with the U.S. Bureau of Labor Statistics reporting 22,000 more workers in southeast Michigan this year than last year.

…. That increase in workers is partly responsible for a first-quarter, 47% increase in housing starts in southeast Michigan when compared with the same three months last year….

More here

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Today:

2:20: PBO welcomes the BCS National Champion University of Alabama Crimson Tide to the White House to honor their 14th championship

4:20: PBO attends a campaign event in DC (closed press)

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National Journal: A big lead among women voters is fueling a slight advantage for President Obama in the early phase of his contest with likely Republican nominee Mitt Romney, according to a poll published Thursday morning by Quinnipiac University.

In line with other national polls published this week, the new Quinnipiac poll showed Obama with a narrow lead over Romney, in this case, 46 percent to 42 percent. Among women, Obama’s enjoys a yawning lead of 49 to 39 percent….

More here

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Retweet!

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Cagle

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ThinkProgress: As part of his attempt to appear more relateable, presumed GOP nominee Mitt Romney sat with a handful of regular, working Americans in Pennsylvania today to discuss their plight in the struggling economy. But the Romney campaign may not have vetted the attendees to make sure they were sufficiently anti-tax before giving them access to the candidate and his picnic table full of lemonade and pretzels.

More here

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Cagle

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Charles Pierce: Things In Politico That Make Me Want To Guzzle Antifreeze, Part The MCLIV

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Business Insider: Despite the ground Mitt Romney has gained in recent polls, he will be in the record books for a statistic he would probably rather forget.

Romney is the least likable presidential candidate in 30 years, according to a Washington Post/ABC News poll. Since Walter Mondale. And he is the first candidate ever that more people view unfavorably than favorably.

More here

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Cagle

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Morning everyone ;-)




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