Posts Tagged ‘oil

25
Jun
12

Rise and Shine

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12:05: President Obama departs the White House en route Joint Base Andrews

12:20: Departs Joint Base Andrews en route Portsmouth, New Hampshire

1:35: Arrives in Portsmouth

2:05: Delivers remarks at a campaign event at Oyster River High School (live coverage)

4:05: Departs Portsmouth en route Boston, Massachusetts

4:30: Arrives in Boston

5:10: Attends a campaign event (closed press)

7:35: Delivers remarks at a campaign event (live coverage)

9:25: Delivers remarks at a campaign event (private residence)

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Tuesday: The President will travel to Atlanta and Miami to attend campaign events. He will return to Washington in the evening.

Wednesday: Will meet with Abu Dhabi Crown Prince Mohammed Bin Zayed. In the evening, the President and First Lady will host a picnic for Members of Congress at the White House.

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

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Peter Cohan (Telegram): When he was running for President in 2008, Barack Obama struck me as a gifted orator. But now that he’s running for re-election, it feels to me that the messaging power of his political opponents is like Hurricane Katrina blowing against a chipmunk’s squeal.

So I am confident that a piece of excellent news for drivers resulting from a little-noticed policy from Mr. Obama will get no attention at all from the media.

In April, I predicted that President Obama’s $52 million plan to increase the margin requirements and otherwise tighten the screws on oil speculators — who borrow huge sums to bet on the direction of oil without taking delivery — would cut oil prices by 10 percent. He’s beaten that prediction, and the lowered price of gasoline has added $78.4 billion to its consumers’ spending power.

More here

Thanks Jovie

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Michael Tomasky: Democrats Should Come Out Swinging Against the Court – If the Supreme Court overturns the health-care law, Democrats will be tempted to sulk and feel sorry for themselves. But that’s the last thing they should do.

I expect, as I think most of us do, an unfriendly decision (from the Democratic point of view) on the health-care law. Can’t yet say how unfriendly; at the very least, an overturning of the individual mandate, and maybe more. Assuming that’s correct, the question immediately becomes how the president and the Democrats should respond. There’s very little they can do legislatively. But I’ll be watching for rhetoric, tone, even body language. And on those counts, they had damn well better dispense with the usual liberal woe-is-me hand-wringing and shoulder slumping and come out swinging.

They had better communicate to their base that they stand for something, it’s important to them, and they’re pissed. And if they do it the right way, they can make the Supreme Court an issue this fall in a way that might even persuade some swing voters that the court overstepped its bounds. I’d go so far as to say that an aggressive response can reset and reframe the whole health-care debate, once Americans have had their minds focused on this by a blatantly partisan court.

More here

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Cagle

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Jonathan Cohn: Do you care how the Supreme Court rules on health care reform this week? I don’t mean in the political sense. I mean in the personal sense — because the law’s fate is a very personal matter for many millions of Americans.

They’re the Americans who have diabetes and Crohn’s disease, cancer and hay fever. They’re the Americans who don’t have access to health benefits and the Americans who have access to health benefits but can’t afford to pay for them…..

The Affordable Care Act won’t help all of these people. But it will help an awful lot of them. In fact, it’s already starting to make a difference….

….. by and large, the Affordable Care Act seems to be working …. Will the Supreme Court stop this progress? … a decision to strike down even part of the law would have grave consequences — for the court’s legitimacy and, perhaps, the norms that make our constitutional system function. It’d also have grave consequences for the people whose employment, financial, or medical status renders them vulnerable — a group that may someday include you, if it doesn’t already.

More here

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Cagle

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E.J. Dionne: Any day now, the U.S. Supreme Court may make possible something that has yet to happen: an honest and complete discussion of the Patient Protection and Affordable Care Act (ACA).

And if it throws out all or part of the law now popularly known as “Obamacare,” we will need a fearless conversation about how a conservative majority of the court has become a cog in a larger right-wing project to make progressive political and legislative victories impossible.

… Maybe now, supporters of the ACA will find their voices and point to the 30 million people the law would help to buy health insurance, how much assistance it gives businesses, how it creates a more rational health insurance market, how it helps those 26 and under stay on their parents’ health plans, how it protects those with pre-existing conditions. “Obamacare” isn’t about President Obama. It’s about beginning to bring an end to the scandal of a very rich nation leaving so many of its citizens without basic health coverage…..

…. Were the health-care law to be eviscerated, those who battled so hard on its behalf might draw at least bittersweet comfort from what could be called the Joni Mitchell Rule, named after the folk singer who instructed us that “you don’t know what you’ve got till it’s gone.”

More here

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Cagle

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Bloomberg: The U.S. Supreme Court should uphold a law requiring most Americans to have health insurance if the justices follow legal precedent, according to 19 of 21 constitutional law professors who ventured an opinion on the most-anticipated ruling in years.

Only eight of them predicted the court would do so.

“The precedent makes this a very easy case,” said Christina Whitman, a University of Michigan law professor. “But the oral argument indicated that the more conservative justices are striving to find a way to strike down the mandate.”

…. There was broad agreement that the ruling, barely four months before November’s presidential election, has the potential to hurt the Supreme Court’s reputation as an impartial institution.

Eighteen of the 21 professors said the court’s credibility will be damaged if the insurance requirement – which passed Congress without a single Republican vote – is ruled unconstitutional by a 5-4 majority of justices appointed by Republican presidents.

More here

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McClatchy

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Steve Benen: Earlier this year, when Texas Gov. Rick Perry was still a presidential candidate, he took aim at Mitt Romney’s controversial private-sector background. Perry told voters, “There is something inherently wrong when getting rich off failure and sticking it to someone else is how you do your business.”

…. In several instances, even when Romney’s firm drove companies into bankruptcy, and even when Bain’s own investors lost, Romney made millions, thanks to fees he charged the companies has they spiraled towards collapse. Taking risks may be a key element to successful capitalism, but this Republican created a system in which risk taking wasn’t necessary.

As far as the election is concerned, Romney is telling voters this background helps prove his qualifications for the presidency. I still haven’t the foggiest idea why.

Full post here

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Cagle

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Thanks Pamela

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Morning everyone

02
May
12

‘Get the facts on Mitt Romney, Big Oil & the Koch Brothers’

26
Apr
12

rise and shine

AP: Chrysler followed its strong first-quarter sales with a big profit, sending its 2009 brush with financial death farther into the rearview mirror.

The Auburn Hills, Mich., company made a net profit of $473 million, its best quarter in 13 years, mainly on the back of strong U.S. sales. From January through March, Chrysler’s sales were up 39 percent as customers bought more Ram pickups, Jeep Grand Cherokee SUVs and Chrysler 200 midsize sedans.

Not bad for a company that almost died three years ago. A government auto task force deadlocked on whether to save the company in 2009, with the tie broken by President Barack Obama.

More here

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Cagle

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Live here

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White House live

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President Obama in Iowa yesterday:

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Washington Post: President Obama will hold his first two major political rallies of the general-election campaign next weekend at colleges in Ohio and Virginia…

“Welcome to the general election,” David Axelrod, Obama’s senior campaign strategist, said on a conference call with reporters late Wednesday during which he and campaign manager Jim Messina announced the events….

The advisers made clear that the campaign will continue to draw a stark contrast between what they described as Obama’s long-standing desire to protect “that basic American compact that if you work hard you can get ahead” and Romney’s record of protecting the wealthy. They mentioned Romney’s time as Massachusetts governor, when the state ranked 47th in the country for job creation, as well as his time as a venture capitalist at Bain Capital, during which “he didn’t care about job creation but about wealth creation for himself and his partners.”

…. “We’re not the candidate who reinvents himself from week to week,” Axelrod said. “If you want that, you have to go somewhere else. This is a candidate who has a mission, and he’s going to see it through, and that is to rebuild an economy in which the middle class is thriving, in which people can get ahead, in which everybody from Main Street to Wall Street plays by the same rules and gets a fair shake.”

Obama’s rallies will take place on May 5 at Ohio State University in Columbus and at Virginia Commonwealth University in Richmond …. Messina said first lady Michelle Obama plans to travel with the president to both events.

More here

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E.J. Dionne: It turns out that there is at least one question on which Mitt Romney is not a flip-flopper: He has a utopian view of what an unfettered, lightly taxed market economy can achieve.

He would never put it this way, of course, but his approach looks forward by looking backward to the late 19th century, when government let market forces rip and a conservative Supreme Court swept aside as unconstitutional almost every effort to write rules for the economic game. This magical capitalism is the centerpiece of Romney’s campaign, and it may prove to be his undoing.

Here’s Romney’s problem. His best strategy is to cast President Obama as a failure because the economy has not come all the way back from the implosion of 2008 …. But Romney, unlike Clinton, is not offering a program through which government would take specific steps to solve the problems he catalogues. Instead, he is calling on voters to share his faith that our difficulties would go away if the state simply got out of the way, allowed the market do its thing and counted on the success of the successful to lift up everyone else.

More here

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Don’t miss Liberal Librarian’s latest post, ‘Why even have the First Amendment?’, at The People’s View

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Steve Benen: For several months, the general trend on initial unemployment claims has been encouraging, reaching a four-year low in late March. Today’s new report from the Department of Labor, however, is the third consecutive week of discouraging news.

…. Obviously, a few disappointing reports may be little more than a blip, but when jobless claims are expected to drop, and instead remain stuck at a four-month high, it’s concerning.

Making matters slightly worse is the realization that if conditions continue along these lines, there’s very little that can be done – Congress simply lacks the ability to pass effective economic legislation given the Republican agenda.

In terms of metrics, when jobless claims fall below the 400,000 threshold, it’s considered evidence of an improving jobs landscape, and when the number drops below 370,000, it suggests jobs are actually being created rather quickly. After a month of four consecutive reports below 370,000, we’ve now been above 380,000 for each of the last three weeks.

More here

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Thanks jmlkoskey

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Cagle

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Cagle

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Morning everyone ;-)

11
Apr
12

evening all

Steve Benen: ….. the Huffington Post’s Sam Stein asked whether Romney supports the Lilly Ledbetter Fair Pay Act, and the campaign aides, after a painfully long delay, had no idea.

These weren’t trick questions. This was, after all, a call about women’s issues. It was organized by the Romney campaign, so it’s not as if these staffers could say they were caught off guard by extraneous and unrelated issues. Presumably, these folks prepared for their own telephone press conference.

Romney has cited a misleading statistic, and his aides couldn’t defend it. Romney has said current policies are keeping women from getting more jobs, and given three separate chances to say something coherent, his aides couldn’t explain what would change if the former governor is elected president. Were they not expecting these kinds of question?

…. Welcome to the general election, Mitt. I think you’ll find it’s a little more difficult than going up against Newt Gingrich and Rick Santorum.

More here

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TPM: Mitt Romney’s having a terrible time turning the tables on Democrats. But his camp’s claim that President Obama is the one waging the “real war on women” is best debunked visually.

….. male employment and female employment have nearly returned to the levels they were at when Obama took office. And if Obama is waging a war on women, he’s doing a poor job of it. Despite these setbacks, female labor force participation remains near its historic high.

More here

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Greg Sargent: I’m glad to see that there’s been a moderately aggressive media response to Mitt Romney’s latest falsehood: The claim that 92 percent of the people who have lost jobs on Obama’s watch are women.

The argument, which his campaign is now making regularly, is central to Romney’s effort to win back women who were apparently alienated by the primary.

The assertion has now been debunked by Politifact, the Post’s Glenn Kessler, and NBC’s Domenico Montanaro.

More here

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ThinkProgress: As part of its bizarre strategy of blaming President Obama for the GOP’s “war on women,” the Romney campaign released statements today from two Republican Congresswomen, Reps. Mary Bono Mack (R-CA) and Cathy McMorris Rodgers (R-WA). The statements correctly note that women have been hit particularly hard by job losses in recent years, but misleadingly lay the blame for those losses on Obama, just as Romney himself has been doing recently.

…… their concern for pay equity and women in the workplace must be a recent development. Both congresswomen voted against the landmark Lilly Ledbetter Fair Pay Act of 2009…..

More here

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Buzzfeed

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Don’t miss Liberal Librarian’s latest post at The People’s View: The “Reagan Rule” and the GOP crackup

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Thanks Dotster

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PPP: Barack Obama’s opened up a 13 point lead on Mitt Romney in Colorado at 53-40. He’s gained 11 points in the state since December when he led just 47-45.

The formula for Obama’s gains is the same in Colorado as it is everywhere. He’s getting more popular and Romney’s getting less popular. In December only 45% of voters approved of the job Obama was doing to 50% who disapproved. Now he’s on positive ground with 50% giving him good marks to 47% who think he’s doing a poor job. The main thing that’s changed is Democrats really rallying around him. In December he was at 76/18 with them, but now it’s 89/8. The party is getting a lot more unified as the election comes closer.

Romney’s headed in the other direction. His net favorability has gone from -18 (35/53) to an even worse -29 (31/60) …. he’s extremely unpopular with independents at 25/65.

More here

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PPP: Mitt Romney may have effectively wrapped up the GOP nomination with Rick Santorum’s withdrawal yesterday, but PPP’s newest North Carolina poll really shows how much Romney was hurt by the process with Barack Obama as the ultimate beneficiary.

President Obama now leads Romney by 5 points in North Carolina, 49-44. That’s the largest lead we’ve found for him in monthly polling dating back to November of 2010. Obama has a 51-38 advantage with independents and is particularly strong with women (54-39), African Americans (90-7), voters under 30 (61-33), and folks in the Triangle (60-33).

The Republican nomination process has taken a huge toll on Romney’s image in North Carolina. In February of 2011 voters in the state were almost evenly divided on him with 37% rating him favorably to 39% who had a negative opinion of him. Now that spread is a dreadful 29/58….

He was actually popular with independents at 45/36 last winter, now he is incredibly unpopular at 25/62.

More here

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ThinkProgress

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ThinkProgress: According to several experts in Florida law, Sean Hannity could be compelled to testify about his conversations with George Zimmerman. Tamara Lave, a professor of criminal law at the Universtiy of Miami who also practiced as a public defender for 10 years, told ThinkProgress it’s a “no brainer.”

Under Florida Law, there is a “qualified privilege” for journalists that protects their conversations with sources. But this privilege can be overcome, per Florida Evidence Code 90.5015….

More here

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2008

Don’t forget Michelle Obama on The Colbert Report tonight

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Florida Atlantic University, April 10

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People look at their pictures with First Lady Michelle Obama as Mrs. Obama continues to greets guests at the Joining Forces Community Challenge event on the South Lawn of the White House, April 11. (Official White House Photo by Sonya N. Hebert)

11
Apr
12

mitt’s big oil buddies




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