Posts Tagged ‘Jobs Report

24
Jul
14

Rise and Shine

On This Day: Senator Barack Obama leaves the stage after making a speech in front of the Victory Column in Berlin on July 24, 2008

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Today

9:50 PDT: The President attends a DNC fundraiser, private residence, Los Angeles

1:25 PDT: Delivers remarks, Los Angeles Trade-Technical College

3:05 PDT: Departs Los Angeles

5:0 EDT The President’s interview with CNBC’s Steve Liesman is aired

10:50 EDT: Arrives White House

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@petesouza: Pres Obama disembarks from AF1 in LA

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LA Times: In Los Angeles, Obama Gives His Die-Hard Supporters A Tough-Love Talk

President Obama delivered a tough-love talk to his biggest boosters  Wednesday, telling Democratic donors gathered in Los Angeles that they need to step it up before November if he’s going to get much done in his last two years in office. “You thought, ‘OK, we elect Barack and that’s it,’” Obama told a crowd big-dollar donors gathered in the lush Hancock Park backyard of TV producer Shonda Rhimes. He reminded them that he’d warned that it wasn’t about electing him but about getting “our democracy to work.” “I have got to have a Congress that has some sense and is willing to work and is willing to compromise and is focused on the American people. And we don’t have that right now.” Obama is often candid about what he describes as Democrats’ chronic problem: low turnout in midterm elections. But his remarks Wednesday came with a sharper ribbing for a crowd he seemed to think could take it.

Democrats like the fun of a presidential campaign, Obama said. But “we’ve got to step it up in the midterms. Not when it’s easy, not when it’s sexy, not when there’s hope posters….” While Democrats “don’t even know there’s an election,” Obama said, Republicans get to the polls. “Lo and behold we’re surprised when John Boehner is speaker of the House! What happened to Nancy Pelosi? What happened is y’all didn’t vote. And that’s when all kinds of … stuff happened,” Obama said, pausing as if deliberating on whether to keep the rant clean. “That’s what it was — stuff.”

More here

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Marketwatch: Jobless Claims Lowest In More Than Eight Years

The number of unemployed workers applying for jobless benefits tumbled in the most recent weekly data to the lowest level in more than eight years, signaling that employers are letting go of very few workers.

Applicants for regular state unemployment-insurance benefits in the week that ended July 19 dropped by 19,000 to 284,000 — the lowest level since February 2006, the U.S. Labor Department reported Thursday. Economists surveyed by MarketWatch had expected initial claims of 310,000 in the most recent weekly data.

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Steve Benen: Jobless Claims Improve To Eight-Year Low

The last time the Labor Department published a report on initial unemployment claims this good, the Great Recession hadn’t even started yet:

The number of people who applied for regular state unemployment-insurance benefits in the week that ended July 19 tumbled by 19,000 to 284,000 – the lowest level since February 2006 – signaling that companies have further slowed down the pace of layoffs and are letting go of few workers, according to government data released Thursday….

Regular readers know I run the above chart every Thursday morning, highlighting initial unemployment claims since January 2007, the year the Great Recession started. Look closely, however, and you’ll notice that today’s report is the best since before the chart began.

More here

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Chicago Tribune: U.S. Health Insurers To Pay $330 Million In Premium Rebates

U.S. health insurers will send out about $330 million in rebates to employers and individuals this summer under President Barack Obama’s healthcare law, the U.S. Department of Health and Human Services said on Thursday.

The law, often called Obamacare, requires insurance companies to refund customers when they spend less than 80 percent or 85 percent of healthcare premiums they collect for medical care.

The rebates will go to about 6.8 million people and have a value of about $80 per family. They are to be sent by Aug. 1 either directly to consumers or to the employer providing the health coverage, who is required to pass the savings onto employees, the agency said in a report.

More here

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Pro Publica: Even After Open Enrollment, Activity Remains Unexpectedly High On Federal Health Insurance Exchange

New federal data, obtained by ProPublica under the Freedom of Information Act, shows nearly 1 million insurance transactions since mid-April.

For months, journalists and politicians fixated on the number of people signing up for health insurance through the federal exchange created as part of the Affordable Care Act. It turned out that more than 5 million people signed up using Healthcare.gov by April 19, the end of the open-enrollment period.

But perhaps more surprising is that, according to federal data released Wednesday to ProPublica, there have been nearly 1 million transactions on the exchange since then. People are allowed to sign up and switch plans after certain life events, such as job changes, moves, the birth of a baby, marriages and divorces.

The volume of these transactions was a jolt even for those who have watched the rollout of the ACA most closely.

More here

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CNN: CNN Poll: Is Obamacare Working?

More than half the public says Obamacare has helped either their families or others across the country, although less than one in five Americans say they have personally benefited from the health care law, according to a new national poll. A CNN/ORC International survey also indicates that a majority of Americans oppose the Affordable Care Act, but that some of that opposition is from people who don’t think the measure goes far enough.

The poll, conducted this past weekend, was released on Wednesday, one day after a federal appeals court upheld Obamacare tax subsidies. That ruling came just a couple of hours after a separate appeals court struck down such subsidies for the millions of Americans enrolled in the federal government’s HealthCare.gov exchange. 53% say that Obamacare has helped either their families or others across the country.

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ThinkProgress: Demonizing Migrant Children Proves An Epic Fail For Anti-Immigrant Groups

Anti-Immigrants can’t even throw a good rally anymore.

Anti-immigrant groups have hit upon the issue of children fleeing violence who are arriving unaccompanied by adults at our southern border. These children are coming from three countries: El Salvador, Honduras and Guatemala. All three countries have very serious problems with gang violence, murder and child trafficking into prostitution. Under current US federal law these children have the right to have their cases thoroughly evaluated to ensure that no child is returned to a country where they might be killed, injured or trafficked.

… To make their case that Americans are really upset about an increase in unaccompanied children at the border, anti-immigrant groups staged what was supposed to have been a massive number of protests around the country. They staged a “National Day of Protesting Against Immigration Reform, Amnesty & Border Surge”….

…. Despite this all in effort, the anti-immigrants failed miserably to turn people out to protest children. If these rallies around the country were meant to demonstrate the power of the anti-immigrant movement, they may instead signal its end. In many cases, no one showed up at all.

More here

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Brian Beutler: The Conservative Judges Who Ruled Against Obamacare Missed This One Very Important Detail

We now know that two conservative judges on the D.C. Circuit Court of Appeals have declared it illegal for the government to subsidize Obamacare health plans in states that didn’t set up their own insurance exchanges. In reaching that conclusion, Judge Thomas Griffith, who authored the opinion of the court, sought to rebut each of the Obama administration’s arguments to the contrarythat the law clearly contemplates subsidizing health plans in every state whether or not a state built its own marketplace. But in one instance he based his counterargument on information that became outdated less than one week ago.

And the recent development turns that counterargument on its head. One of the White House’s most straightforward arguments is that neither Congress nor the administration would have approved a punitive system so at odds with the ACA’s ultimate, stated goal of achieving near-universal insurance coverage. The law seeks to achieve near-universal coverage by mandating the purchase of guaranteed, subsidized (and thus affordable) health plans. Take away the subsidies, and the plans are no longer affordable. If the plans aren’t affordable, they’re no longer compulsory. And if they aren’t compulsory and affordable the coverage expansion goal will be unattainable.

More here

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On This Day

Senator Obama waves to the crowd after making a speech in front of the Victory Column in Berlin, July 24, 2008

Sen. Obama waves from his car on July 24, 2008 in Berlin, Germany

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President Obama shares a lighter moment with Vice President Biden in the Oval Office on July 24, 2009 (Photo by Pete Souza)

President Obama meets with leaders from the disability community in the Roosevelt Room of the White House on July 24, 2009 (Photo by Pete Souza)

President Obama shakes the hand of a young military family member at the Marine Barracks evening parade in Washington, D.C. on July 24, 2009 (Photo by Samantha Appleton)

President Obama and First Lady Michelle Obama attend the U.S. Marine Barracks evening parade in Washington, D.C. on July 24, 2009 (All photos by Samantha Appleton)

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First Lady Michelle Obama bids farewell to departing staff Eirene Busa, White House Stenographer, center left, and Holli Crawford, White House Communications Agency, center right, aboard Bright Star during a flight from Manchester, N.H., to Joint Base Andrews, Md., July 24, 2011 (Photo by Samantha Appleton)

President Obama and Vice President Biden walk around the South Lawn of the White House, Sunday, July 24, 2011 (Photo by Pete Souza)

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President Obama greets patrons and restaurant staff during a local stop at the Gateway Breakfast House in Portland, Ore., July 24, 2012 (Photo by Pete Souza)

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President Obama presents Sen. Claire McCaskill, D-Mo., with a birthday cupcake aboard Air Force One, July 24, 2013 (Photo by Pete Souza)

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17
Jul
14

Rise and Shine

On This Day: President Obama hikes along the coastline in Acadia National Park, Maine, July 17, 2010 (Photo by Pete Souza)

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Today (All Times Eastern)

 11:20: President Obama departs the White House

12:15: Arrives Delaware

2:10: Delivers remarks on Infrastructure, Port of Wilmington, Wilmington

3:15: Departs Delaware

4:0: Arrives New York City

5:45: Attends a DNC fundraiser, private residence, New York City

7:30: Attends a fundraiser for House Democrats, private residence, New York City

9:15: Departs New York

10:30: Arrives White House

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Jelani Cobb: Talking Openly About Obama And Race

In September, 2009, just eight months into Barack Obama’s first term, when it was still possible for unsentimental observers to perceive the Tea Party’s riotous fulminations as a passing blip, Jimmy Carter remarked that opposition to the President’s agenda was driven, largely, by one thing: race. “I think an overwhelming portion of the intensely demonstrated animosity toward President Barack Obama is based on the fact that he is a black man, that he’s African-American,” Carter said. One hears it in the questioning of Obama’s American birth and legitimacy—the idea that he couldn’t really be President without trickery, that he has stolen something—and his presence in rooms where someone like him shouldn’t be.

Carter’s words are, if not conventional wisdom, then certainly one of those truths that most of us know but few are willing to admit. That reticence, along with a large dose of cynicism, explains the reaction to Eric Holder’s statement, in an interview with ABC News, that the opposition to the Administration (“You know, people talking about taking their country back”) is partly driven by racism. Holder’s assessment that “I don’t think this is the thing that is a main driver, but for some there’s a racial animus” is, on the whole, more tempered than Carter’s words, and far less incendiary than Charlie Rangel’s dismissal of the Tea Party, in 2013, as “the same crackers who fought against civil rights.”

More here

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Thank you Nath, for this perfect summation of America’s history

You know what, Kathleen, President Carter was spot on! For some of us with a little knowledge of history, the reaction to the election of President Obama was reminiscent of the reaction to the election of Black people to local, state and national offices, during the Reconstruction period after the Civil War. Whites made sure that Reconstruction State governments, with substantial Black participation, failed. Black elected officials were routinely accused of ignorance and corruption. Even though those accusations were false. Eventually whites resorted to violence to finally force Blacks from political office. But they were able to accomplish that with the complicity of the media, the Congress and the two political parties. Beginning with the 1877 “Hayes Compromise” the Republican party–the party of Abraham Lincoln– began abandoning Black people. By the beginning of the 20th Century Black folks, especially in the South, had no where to go politically. Lilly white Republicans shunned them and Dixiecrat Democrats were hostile against them. The migration of Blacks from the South to Northern cities during the World War I era began to change the racial demographics of many of those cities. Blacks in Northern cities slowly gained political clout. In 1928, South side Chicago elected the firs black to Congress from the North. In the 1950s Chicago would be joined by other Northern cities like Detroit and New York in electing Blacks to the House of Representatives. Still, two or three members of House of Representatives were never considered a threat to white supremacy.

The situation changed dramatically when Blacks were able to form coalitions to elect mayors to some of the biggest cities in America. White supremacist reaction to the election of Black Mayors in major cities during the late 1960s to 1980s was comparable to white supremacist reaction during Reconstruction, and white supremacist reaction following the election of President Obama. White supremacists on city councils made absolutely sure to obstruct everything the Black Mayors proposed to do. In some cities, major businesses relocated to suburbs or other states so as to deprive cities ruled by Black mayors of tax revenues. The goal: to make cities ruled by black mayors so dysfunctional, and thus to consequently discredit the wisdom of electing Black mayors. This is exactly the playbook the GOP in Congress decided to follow from day one of President Obama’s presidency. Thankfully, in his first two years, the GOP playbook was thwarted by Democrats who controlled both houses of Congress. Then came the 2010 and Republicans gained a majority in the House of Representatives, and enough votes to use the filibuster to paralyze the U.S. Senate.

Basically, the GOP’s goal is the same as the white supremacists’ goal, advocated by Rush Limbaugh: Make sure that President Obama fails! GOP and Rush could care less if President Obama’s failure translates into a failure that affects the vast majority of Americans. Other than their idiotic followers who stand to suffer if President Obama’s policies are defeated, people like Rush Limbaugh, Glenn Beck, Rupert Murdoch and Fox, GOP members of Congress, and the billionaire Koch brothers, wouldn’t experience that much suffering and hardship. They are, however, certain that if President Obama fails, America will never again make a mistake of electing another Black person President.

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Emily Hauser: Incompetence Or Indifference?

As a peace advocate, I am forever confronted by Israeli and/or American Jews (and the occasional gentile) who take one look at any exchange of fire between Israel and Palestinian militants and say: “Yes, sure, all civilian deaths are terrible — but for Israelis, they’re unintentional. The Palestinians actually target civilians.” And as one of those civilians who used to be targeted on the streets of Tel Aviv and Jerusalem, I have no problem saying that intentionally targeting civilians is wrong — is, in fact, a war crime…. But I weary of the desperate clinging to the word “unintentional” on my side of this decades-long war.

From the end of September 2000 through the end of September 2012, Israel was responsible for the deaths of 3,034 Palestinian noncombatants, of whom well more than a third were minors: 1,338. And that’s not counting the noncombatants and children (including several toddlers and at least one pregnant woman) killed in the last week alone. But when I look at those numbers, when I see the pictures of tiny, broken bodies pulled from utter destruction, when I see the wailing of fathers and mothers, their dead children wrapped in white shrouds, never to feel their parents’ arms around them again—I no longer care. Incompetence or indifference, neither can be an excuse anymore. And in the meantime, more children die.

More here

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Michael Grunwald: Lower Health Care Costs Brighten America’s Debt Outlook

Fiscal doom will be delayed thanks to lower health care inflation in recent years. But will Congress take notice? For years, America’s health care costs grew at an unsustainable rate. That was the main reason America’s long-term fiscal position looked unsustainable as well; Medicare, Medicaid, and other health programs were spiraling out of control. But our health care cost inflation is no longer unsustainable. That’s huge news, because it means our long-term deficits should be manageable, too.

Republicans have spent the last five-and-a-half years griping about the budget deficit, and most of their gripes have been absurd. They were wrong to accuse President Obama of creating a record trillion-dollar deficit, which he actually inherited from President Bush. They were wrong to criticize Obama for increasing the deficit with his 2009 stimulus bill, which was an amazingly effective Keynesian response to an economic crisis; the budget-balancing austerity approach the GOP was advocating led to much slower recoveries and double-dip recessions in Europe. And they were wrong to accuse Obama of turning the U.S. into Greece; the deficit has shrunk by more than half during his presidency, dropping from 10 percent of GDP to less than 4 percent as the recovery has progressed.

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Edwin Lyngar: I was Poor, but A GOP Die-Hard: How I Finally Left The Politics Of Shame

I hated government – even as it was the only thing trying to save me. Here’s how, one day, I finally saw the light I was a 20-year-old college dropout with no more than $100 in the bank the day my son was born in 1994. I’d been in the Coast Guard just over six months. Joining the service was my solution to a lot of problems, not the least of which was being married to a pregnant, 19-year-old fellow dropout. We were poor, and my overwhelming response to poverty was a profound shame that drove me into the arms of the people least willing to help — conservatives. Looking around, I saw no other young servicemen. Coming from the white working class, I’d always been taught that food stamps were for the “others” — failures, drug addicts or immigrants, maybe — not for real Americans like me.

I felt my own poverty was a moral failure. To make up for my own failures, I voted to give rich people tax cuts, because somewhere deep inside, I knew they were better than me. They earned it. My support for conservative politics was atonement for the original sin of being white trash. I finally “got it.” In 2012, I shunned my self-destructive voting habits and supported Obama. The people who most support the Republicans and the Tea Party carry a secret burden. Many know that they are one medical emergency or broken down car away from ruin, and they blame the government. They vote against their own interests, often hurting themselves in concrete ways, in a vain attempt to deal with their own, misguided shame about being poor. They believe “freedom” is the answer, even though they live a form of wage indenture in a rigged system. I wish I could take the poorest, struggling conservatives and shake them. I would scream that their circumstances or failures or joblessness are not all their fault. They should wise up and vote themselves a break. Rich people vote their self-interest in every single election. Why don’t poor people?

More here

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Variety: Michelle Obama Calls For Focus On The Arts In Grammy Museum Speech

First Lady Michelle Obama appeared in Los Angeles before a crowd of music professionals, educators and students on Wednesday, as she called for greater recognition of the value of arts education. “We cannot be satisfied until every child in America has some exposure to the arts,” Obama said. Obama’s address was part of the Grammy Museum’s Jane Ortner Education Award Luncheon, named in honor of the late public school teacher Jane Ortner, who promoted music education.Obama said that some 6 million school children have no music or arts classes in their schools, a problem exacerbated by cuts in public education.

She said that for many young people, “the arts are a way to channel that pain and frustration into something meaningful and productive and beautiful.” “For many young people and arts education is the only reason they get out of bed in the morning,” she said, her voice often passionate as she delivered her remarks. She also called on arts organizations across the country to adopt programs that include activities for students, as the Grammy Museum does. The museum participates in an educational component of the White House’s concert series, which airs on PBS as “In Performance at the White House.”

More here

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Mark Thompson: Lawyer: Bergdahl ‘Deeply Grateful’ To Obama

No one’s heard anything yet from Army Sgt. Bowe Bergdahl, the former prisoner-of-war freed in a May 31 swap for five Taliban leaders after nearly five years as a Taliban prisoner. He hasn’t spoken to the press—by all accounts, he hasn’t even spoken to his parents. But, in typical American fashion, he has retained—and spoken to—an attorney. “Sergeant Bergdahl is deeply grateful to President Obama for having saved his life,” Eugene Fidell, retained a week ago by the soldier, told TIME on Wednesday.

Fidell has traveled to Texas—where Bergdahl has returned to active duty at a desk job in San Antonio following his “re-integration” back into the service—to discuss with his client the investigation into the circumstances leading up to Bergdahl’s abduction in 2009. The attorney declined to offer any insights into Bergdahl’s mood, legal defense, or relationship with his family. Bergdahl also has an Army lawyer.

More here

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Anne Barnard: Boys Drawn to Gaza Beach, And Into Center Of Mideast Strife

The four Bakr boys were young cousins, the children of Gaza fishermen who had ordered them to stay indoors — and especially away from the beach. But cooped up for nine days during Israeli bombardments, the children defied their parents and went out Wednesday afternoon, the eldest shooing away his little brother, telling him it was too dangerous. As they played on and around a jetty in the late-afternoon sun, a blast hit a nearby shack. One boy was killed instantly. The others ran. There was a second blast, and three more bodies littered the sand. One was charred, missing a leg, and another lay motionless, his curly head intact, his legs splayed at unnatural angles.

The Israeli military acknowledged later that it had launched the strike, which it said was aimed at Hamas militants, and called the civilian deaths “a tragic outcome.” The four dead boys came quickly to symbolize how the Israeli aerial assaults in Gaza are inevitably killing innocents in this crowded, impoverished sliver of land along the Mediterranean Sea. They stood out because they were inarguably blameless, children who simply wanted to play on their favorite beach, near the fishing port where their large extended family keeps its boats.

More here

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L.A. Times: Federal Judge Rules California Death Penalty Is Unconstitutional

A federal judge in Orange County ruled Wednesday that California’s death penalty violates the U.S. Constitution’s ban on cruel and unusual punishment. U.S. District Judge Cormac J. Carney, ruled on a petition by death row inmate Ernest Dewayne Jones, who was sentenced to die nearly two decades ago. Carney said the state’s death penalty has created long delays and uncertainty for inmates, most of whom will never be executed. He noted that more than 900 people have been sentenced to death in California since 1978 but only 13 have been executed. “For the rest, the dysfunctional administration of California’s death penalty system has resulted, and will continue to result, in an inordinate and unpredictable period of delay preceding their actual execution,” Carney wrote.

Carney’s ruling can be appealed to the U.S. 9th Circuit Court of Appeals. Carney, an appointee of former President George W. Bush, said the delays have created a “system in which arbitrary factors, rather than legitimate ones like the nature of the crime or the date of the death sentence, determine whether an individual will actually be executed,” Carney said. A Los Angeles County Superior Court judge in 1995 sentenced Jones to death for the 1992 rape and killing of Julia Miller, his girlfriend’s mother. Jones killed Miller 10 months after being paroled for a previous rape.

More here

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Reuters: U.S. Retail Sales, Manufacturing Data Point At Firming Economy

A gauge of U.S. consumer spending rose solidly in June, in the latest indication that the economy ended the second quarter on a stronger footing. That momentum appeared to have carried into the third quarter, with another report on Tuesday showing factory activity in New York state expanded sharply in July. “This is not a fragile economy,” said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ in New York. “The consumer continues to play their part in moving the economy forward.”

Core sales, which strip out automobiles, gasoline, building materials and food services, increased 0.6 percent last month after rising an upwardly revised 0.2 percent in May, the Commerce Department said. Core sales, which correspond most closely with the consumer spending component of gross domestic product, were previously reported as being flat in May. Economists had expected them to rise 0.5 percent in June. The report added to signs of the economy’s strengthening fundamentals, which could buoy optimism the recovery is on a self-sustaining path, after output contracted sharply in the first quarter.

More here

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First Lady Michelle Obama hugs six-time Grammy nominee singer Janelle Monae as they attend the Grammy Museum’s Jane Ortner Education Award luncheon honoring Monae and Southern California-based educator Sunshine Cavalluzzi July 16, 2014 in Los Angeles

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On This Day

President Barack Obama attends a bipartisan meeting of freshman House members in the Roosevelt Room of the White House on July 17, 2009 (Photo by Pete Souza)

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On a weekend trip to Acadia National Park in Maine, the President showed his daughters, Malia and Sasha, how to skip stones during a hike in the park.” July 17, 2010 (Photo by Pete Souza)

President Obama greets tourists and hikers in Acadia National Park, Maine, July 17, 2010 (Photo by Pete Souza)

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President Obama, First Lady Michelle Obama, and their daughters Sasha and Malia watch the World Cup soccer game between the U.S. and Japan, from the Treaty Room office in the residence of the White House, Sunday, July 17, 2011 (Photo by Pete Souza)

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15
Jul
14

President Obama Is Creating A Part-Time Economy? Yeah, Right

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Derek Thompson: Here’s What Obama’s ‘Part-Time America’ Really Looks Like

Like a bad summer-pop earworm, some economic ideas get stuck in our heads for no good reason and refuse to go away. Take, for example, the remarkably durable myth that Obama has presided over a “part-time economy,” where full-time work has been devastated by his relentlessly anti-capitalist policies. The Atlantic has done our best to bust this myth, but there’s no killing some summer earworms, and so, like a particularly terrible Top 40 DJ, here comes Mort Zuckerman, spinning the old track on the Wall Street Journal op-ed page. It’s impossible to briefly sum up Zuckerman’s argument—”The Full-Time Scandal of Part-Time America”—which is a collage of bad stats and randomly drawn lines of causality.

The gist is that the U.S. economy only makes part-time jobs now, and Obamacare is hastening the demise of full-time work. The easiest way to fact-check the claim that part-time work is rising is to measure Americans working part-time who want to work full time—i.e. “for economic reasons.” 1) Most people working part-time want to work part-time because they’re in school, or they’re raising kids, or they consider themselves mostly retired. Don’t pay attention to anybody who’s using the number of stay-at-home dads and moms to argue that Obamacare is destroying full-time work. The president’s critics love this talking point. But since 2010, full-time jobs are up 7.6 million, and part-time jobs have declined by more than 900,000.

More here

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08
Jul
14

President Barack Obama: Doing So Much Good For The Country

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Keith Boykin: Why Obama May Be The Best President Since WWII

I woke up this morning to a disturbingly silly headline. President Obama is the worst president since World War II, according to a plurality of voters in a Quinnipiac University poll released Wednesday. When you look beneath the numbers, it’s not what it looks like. Only about 33 percent of those polled called Obama the worst president, but that number roughly mirrors the percentage of Americans who identify themselves as Republicans, a group which has tried to sabotage, block, sue and impeach the president in recent years. So for the moment, forget what the polls say. The facts tell the real story of the Obama presidency, and the facts are damn good, especially compared to his predecessor. Under President Obama, the unemployment rate has fallen from 10 percent in 2009 to 6.3 percent today. Under George W. Bush, on the other hand, the unemployment rate rose from 4.2 percent to 7.8 percent. Under President Obama, the U.S. economy is gaining 200,000 jobs a month.

When Bush left office, however, we were losing 700,000 jobs a month. Under President Obama, at least 24 million people have gotten health insurance. The rate of uninsured has declined from 18 percent to 13.4 percent and the rate for Blacks has dropped dramatically from 20.9 percent to 14.7 percent. And despite all the exaggerated GOP claims that Obamacare would be a “job killer,” we’ve actually added more than 9 million new private sector jobs since the president signed the law. Under President Obama, businesses are also booming again. In the first few weeks of his presidency, the Dow Jones Industrial Average was sitting at 6547. Today it’s close to 17,000, a 10,000 point increase in five years!

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And corporate profits hit an all-time record high just last year. President Obama ended the war in Iraq, drew down troops in Afghanistan, captured Osama Bin Laden, averted a second depression, helped to rescue the financial sector, stabilized home prices and saved more than a million jobs in the auto industry. At the same time, he enacted the most sweeping health care reform legislation in 50 years, something Richard Nixon, Jimmy Carter and Bill Clinton couldn’t do, and which Ronald Reagan and the two Bushes never wanted to do. as a student of history, as an unapologetic liberal, as an African-American, as a gay man, as a supporter of equal rights for women and as someone who knows what it’s like to lose a job and live without health insurance, I’d say President Obama has done more good for this country than any president before him.

More here

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07
Jul
14

Rise and Shine

On This Day: President Obama greets departing Associate Counsel to the President Alison J. “Ali” Nathan, left, Meg Satterthwaite, and their twin sons Oliver and Nathan, in the Outer Oval Office, July 7, 2010 (Photo by Pete Souza)

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Today (All Times Eastern)

11:30: Josh Earnest briefs the press

12:10: The President hosts a group of teachers for lunch

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The Week Ahead

Tuesday: The President will welcome NATO Secretary General Anders Fogh Rasmussen to the White House, ahead of the NATO summit in Wales this September. In the evening, he will depart for Denver, Colorado, where he’ll spend the night.

Wednesday: In Denver, the President will attend a DSCC fundraising event. He will then travel to the Dallas, Texas area for a DCCC event. In the evening, he will travel to Austin, Texas, where he’ll attend a DNC event and remain overnight.

Thursday: While in Austin, the President will attend a DNC event, and will deliver remarks on the economy, before returning to the White House.

Friday: The President will attend meetings at the White House.

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Spandan Chakrabarti: Barack Obama Bests Bill Clinton’s Private Sector Job Creation Record

the Labor Department released the employment figures for June, and the jobs numbers blasted through market predictions. June saw an addition of 288,000 jobs, compared to the 215,000 predicted by analysts. The unemployment rate fell to 6.1%, the lowest since before the beginning of the Bush economic collapse in September of 2008 – that’s a 1.4 percentage point drop in the last 12 months, the sharpest decline in nearly 30 years. The economy under President Obama’s leadership – and despite the Great Wall of Republican obstructionism – is not only showing signs of completing recovery from the worst economic calamity in American history save for the Great Depression,

it is now showing signs of coming back to the life it had before the previous administration began to mess with it. June marks 52 straight months of private sector job growth, the longest ever on record, beating out Bill Clinton’s record of 51 continuous months of private sector job growth from February 1996 to April 2000. The economy has added more than 200,000 jobs for five months in a row now, the longest such streak since 1999. In the first half of this year alone the economy has added 1.4 million jobs, another accomplishment not seen since 1999.

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Darlene Superville: First Lady Bucks GOP On School Lunch Rules

First ladies typically avoid getting into public scraps, but Michelle Obama has jumped into perhaps her biggest battle yet. She’s fighting a House Republican effort to soften a central part of her prized anti-childhood obesity campaign and says she’s ready “to fight until the bitter end.” Mrs. Obama even mocked the GOP effort in an opinion column and argued her case on Twitter. “Remember a few years ago when Congress declared that the sauce on a slice of pizza should count as a vegetable in school lunches?” she wrote in The New York Times. “You don’t have to be a nutritionist to know that this doesn’t make much sense. Yet we’re seeing the same thing happening again with these new efforts to lower nutrition standards in our schools.” Mrs. Obama lobbied largely behind the scenes four years ago for the Healthy Hunger-Free Kids Act of 2010, which requires more fruit, vegetables and whole grains in school meals, along with less sodium, sugar and fat.

It was a major achievement, the first update to school lunch rules in decades designed to make school meals more nutritious. Mrs. Obama says the requirements are based on sound science and that 90 percent of schools are meeting them. The association says districts are unprepared to meet the newest standards. “I’m going to fight until the bitter end to make sure that every kid in this country continues to have the best nutrition that they can have in our schools,” the first lady said at a White House event where she showcased elementary school students preparing and then eating a salad lunch using vegetables they had planted in her garden on the South Lawn. The White House has threatened to veto the House bill. The Senate version does not include the one-year waiver.

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Sally Kohn: Dear Speaker Boehner: Do Your Job Instead

President Theodore Roosevelt enacted 1,081 executive orders during his presidency. President Dwight Eisenhower had 484. President Ronald Reagan had 381. And President George W. Bush had 291. President Barack Obama has enacted 182 executive orders — yet the GOP accuses him of being an “imperial president,” and Republican members of the House of Representatives are preparing to sue him for violating the Constitution. With all due respect, Speaker Boehner, it’s as though the fog of extreme partisanship that has colored your dealings with President Obama since day one has suddenly turned into a full-on fever of irrationality. Think about this for just a second: House Republicans are using taxpayer dollars to fund a lawsuit against a President who has literally done not only what every president before him has done but has done it less often and is doing so now only because

House Republicans repeatedly refuse to even vote on legislation, let alone pass anything. And you have the gall to accuse the President of being the one in violation of the Constitution? Even more frustrating is how your repeated attacks on the President fall factually flat. In your essay for CNN, you write: “After years of slow economic growth and high unemployment under President Obama, they are still asking, ‘where are the jobs?’ ” This is a particularly laughable assertion given last week’s jobs report, which noted our economy added 288,000 jobs in June, marking 52 straight months of continuous job growth. Overall, under President Obama’s leadership, the private sector has added 9.7 million jobs and an economy that was in free fall when he was elected is now in a steady recovery.

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Matt Apuzzo: Students Joining Battle To Upend Laws On Voter ID

Civil rights groups have spent a decade fighting requirements that voters show photo identification, arguing that this discriminates against African-Americans, Hispanics and the poor. This week in a North Carolina courtroom, another group will make its case that such laws are discriminatory: college students. Joining a challenge to a state law alongside the N.A.A.C.P., the American Civil Liberties Union and the Justice Department, lawyers for seven college students and three voter-registration advocates are making the novel constitutional argument that the law violates the 26th Amendment, which lowered the voting age to 18 from 21. The amendment also declares that the right to vote “shall not be denied or abridged by the United States or any state on account of age.” Over the past decade, Republicans have campaigned to tighten rules for voters, including requirements for photo ID, in the name of preventing fraud. Democrats have countered that the real purpose of those laws is to make voting more difficult for people who are likely to vote Democratic.

In Ohio, legislators proposed a law that would have cost colleges millions of dollars for helping out-of-state students vote locally. The measure died amid criticism from state schools. In Maine, the Republican attorney general — at the behest of the state party chairman — investigated 200 students for fraud. After finding no evidence, he sent the students a letter warning them to register their cars in Maine or to cancel their voter registrations. In Texas, voters must show a photo ID. A state handgun license qualifies, but a state university identification card does not. North Carolina students have also complained of government efforts, distinct from the new voting law, to shut down voting sites at Appalachian State University and Winston-Salem State University.

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BBC with the “DUH!” question of the day. But, a very interesting article nonetheless.

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Philip Rucker: Bloomberg’s Gun Group To Start 2014 Midterms Strategy By Surveying Candidates

The gun-control group founded by former New York mayor Michael R. Bloomberg (I) will begin surveying all federal candidates in the 2014 midterm elections on gun issues Monday as it tries to become a political counterweight to the National Rifle Association. Bloomberg’s group, Everytown for Gun Safety, is asking all Senate and House incumbents and candidates to complete a 10-part questionnaire stating publicly where they stand on issues such as expanding background checks for gun buyers, limiting the capacity of ammunition magazines and toughening gun-trafficking statutes.

Bloomberg has since started the new group, Everytown, merging the mayors coalition and Moms Demand Action for Gun Sense in America. Everytown’s goal is to create a grass-roots movement to pressure not only Congress but also state legislatures. It is using data-driven organizing techniques from Barack Obama’s 2008 and 2012 campaigns to expand its network of supporters, which now totals nearly 2 million.

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Grant Smith: U.S. Seen As Biggest Oil Producer After Overtaking Saudi Arabia

The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said. U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter, the bank said in a report today. The country became the world’s largest natural gas producer in 2010. The International Energy Agency said in June that the U.S. was the biggest producer of oil and natural gas liquids.

“The U.S. increase in supply is a very meaningful chunk of oil,” Francisco Blanch, the bank’s head of commodities research, said by phone from New York. “The shale boom is playing a key role in the U.S. recovery. If the U.S. didn’t have this energy supply, prices at the pump would be completely unaffordable.” Oil extraction is soaring at shale formations in Texas and North Dakota as companies split rocks using high-pressure liquid, a process known as hydraulic fracturing, or fracking. The surge in supply combined with restrictions on exporting crude is curbing the price of West Texas Intermediate, America’s oil benchmark.

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NBC News: Pope Francis Meets Abuse Victims, Begs Forgiveness For Church

Pope Francis begged forgiveness for the Church on Monday and cited the need for “reparation” as he met with victims who had suffered at the hands of Roman Catholic priests. The pontiff invited six victims of abuse from Ireland, Germany and Britain to attend an early-morning private Mass at the Domus Sanctae Marthae, the residence next to St. Peter’s Basilica where he lives. Francis called the abuse a “grave sin” decrying how it was hidden for “so much time” and “camouflaged with a complicity that cannot be explained.” “I ask for the grace to weep, the grace for the Church to weep and make reparation for her sons and daughters who betrayed their mission, who abused innocent persons,” the pope said in his homily. “I beg your forgiveness, too, for the sins of omission on the part of Church leaders who did not respond adequately to reports of abuse.”

He said abusive priests’ actions “profane the very image of God” and are “more than despicable.” Francis strongly praised the victims’ courage in speaking up and shedding “light on a terrible darkness,” telling the mass he is deeply aware of their deep and unrelenting pain. The pope then met privately with the victims, spending at least half an hour with each. While Francis’ predecessor met with abuse victims several times during his pontificate, this was the first time a pope had received victims inside the Vatican. The meeting was first announced by the pope on his flight back from a visit to the Holy Land, when Francis noted called child sex abuse “very serious” and “like celebrating a satanic mass.”

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The Denver Post: Colorado Claims Contraceptive Program Caused Big Drop In Teen Birth Rates

A state health initiative to reduce teen birth rates by providing more than 30,000 contraceptive devices at low or no cost has led to a 40 percent drop in five years, Gov. John Hickenlooper said Thursday. The Colorado Family Planning Initiative, funded by a private anonymous donor for five years, has provided intrauterine devices and other implants to low-income women at 68 family-planning clinics across Colorado since 2009. The clinics are in local health departments, hospitals and private nonprofit facilities. The program also provided training and technical assistance to family planning clinics statewide. “When families are planned and women have children when they’re ready and want them … it’s really a better situation for everyone,” Hickenlooper said during his state Capitol news conference. Seven of every 10 teen pregnancies in Colorado are unintended, officials said.

The decline in births among girls 15 to 19 years old served by the program accounted for three-quarters of the overall decline in the Colorado teen birth rate, the state said in a news release. That rate has fallen from 37 births per 1,000 girls in 2009 to 22 in 2013, officials said. The teen abortion rate dropped 35 percent from 2009 to 2012 in those counties where the initiative is in place, Hickenlooper said. The family-planning program has saved $5.68 in Medicaid costs for every dollar spent on the contraceptives, the state said. The state has saved millions in health care expenditures — $42.5 million in public funds in 2010 alone based on the latest available data.

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On This Day

First Lady Michelle Obama hugs an elderly nurse while holding a traditional Russian matreshka nesting doll during a visit to the Sisters of Mercy St. Dmitry Nursing College in Moscow, July 7, 2009

President Obama meets with Prime Minister Vladimir Putin at his dacha outside Moscow, Russia, July 7, 2009 (Photo by Pete Souza)

President Obama meets with Mikhail Gorbachev, former leader of the Soviet Union, in Gostinny Dvor, Russia, Tuesday, July 7, 2009 (Photo by Pete Souza)

President Obama greets attendees, including Oksana Yurievna the top graduating student, at the New Economic School graduation in Gostinny Dvor, Russia, July 7, 2000 (Photo by Pete Souza)

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First Lady Michelle Obama leaves the Department of Treasury, in Washington, D.C., July 7, 2010, following her 20th agency visit to thank employees for their public service (Photo by Chuck Kennedy)

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05
Jul
14

“Hopey, Changey Thing?” – Working Out Excellently

Change Is

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Chicago Tribune: Fastest U.S. Hiring Since 1999 As Company Confidence Rises

A family-run concrete business in Michigan, the U.S.’s second-biggest carmaker, the largest railroad and a solar power provider in California are all hiring as industrial companies lead a broad labor-market rebound that’s on pace to add the most jobs in 15 years. Employment may be headed for a “breakout year” as companies feel more secure adding to payrolls following several years of demand rising only to stumble on threats from U.S. budget standoffs, a debt-ceiling induced default and a European credit crisis, said Marisa Di Natale, a director at Moody’s Analytics. Industries from construction to autos to oil and gas are increasing jobs as growth accelerates after a harsh winter stunted business. Help-wanted signs at concrete company Kent Cos. is one indication of a hiring rebound that could create more than 2.56 million jobs, the most since 1999, if the pace is sustained. Warren Buffett’s BNSF Railway plans to grow by 2,100 positions in 2014. SolarCity is adding 400 people a month at the rooftop power-system installer backed by Elon Musk. At Ford, hiring is so strong that the automaker predicts it may beat a 2011 plan to bring on 12,000 new workers by 2015.

Jeff VanderLaan, chief executive officer at Kent Cos., plans to add 100 people this year, a 27 percent jump in his workforce to a record 475. The Grand Rapids, Michigan-based provider of services such as pouring floors and installing piers is seeing business boom in Texas, North Carolina and Ohio. May employment growth was also driven by the oil and gas extraction industry at 7.6 percent and building construction at 5.2 percent. Outpatient care jumped 5.8 percent and motor vehicles and auto parts climbed 4.3 percent. The continued recovery in homebuilding is crucial for the job market, Di Natale said. Beyond the direct construction jobs, new homebuilding spurs purchases of carpets, flooring, lighting, appliances and furniture. Moody’s is forecasting job growth of 1.8 percent this year, which would be the highest rate since 2005, and for it to peak at 2.4 percent in 2016. Housing starts on an annual basis surpassed 1 million in May and April. They had declined to as low as 478,000 in April 2009, creating pent-up need for homes and apartments. The boom in technology has driven the unemployment rate below 1 percent in the industry. New financial regulations and requirements for the Affordable Care Act are also boosting demand for professionals, he said.

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04
Jul
14

Happy Birthday, America And Thank You President Obama!

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Spandan Chakrabarti: Not Just A Bull Market, Obama Recovery Points To A Strong Bull Economy

After employment data for June showed Barack Obama besting Bill Clinton’s record on sustained private sector job creation and June’s employment numbers crushing estimates, the DOW rallied to a historical high of over 17,000. To put it in perspective, the day Barack Obama took office in the midst of the greatest recession in (most of) living memory, the DOW lost over 330 points and closed at 7,949. the DOW wasn’t the only stock index to more than double its value over Obama’s presidency. In fact, all three stock indexes economists observe did. The NASDAQ more than tripled its value, going from 1,441 to 4486, and the S&P 500 closed at 1985 on Thursday, nearly 2.5 times its value at closing on January 20, 2009.

Consider a quick summary of yesterday’s jobs report: The economy has now gained private sector jobs for 52 months in a row, the longest ever on record, besting even Bill Clinton’s previous record of 51 months of sustained private sector job growth. In those 52 months, the economy has added 9.7 million private sector jobs. Adding 288,000 jobs, June not only blew past estimates, it marked 5 consecutive months of over-200,000 job additions for the first time since 1999. In the past year, the stubbornly high long-term unemployment rate has finally begun to drop. The last 12 months saw a 1.4 percentage point drop in unemployment, with fully half of that coming from the previously long-term unemployed finding work. The truth – and I know I keep repeating it – is that if any white president had accomplished Obama’s record on the stock market alone, let alone the rest of the recovery, they would be well on their way to be canonized as a bona fide American saint.

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