Posts Tagged ‘recovery



03
Jul
13

Rise and Shine

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Today:

The President has no public events scheduled.

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See Steve Benen on the jobs news here

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Steve Benen: Key ‘Obamacare’ provision delayed until 2015

News from the Obama administration about the employer mandate in the Affordable Care Act caused quite a stir last night, but it’s worth pausing to appreciate the extent of the impact …. I think some of the reactions to the one-year delay have been a little excessive. Maybe it’ll be easier to tackle this in Q&A form.

* What’s the employer mandate? In practical terms, the policy name is a bit of misnomer — there is no actual “mandate.” Under the Affordable Care Act, businesses with 50 or more full-time employees are told they need to offer health care coverage to their employees, but those who choose not to pay a fairly modest tax penalty. As of last night, that penalty won’t kick in, at the earliest, before 2015.

* Won’t this mandate discourage those businesses from hiring? It’s been an important part of the criticism, but Obamacare extends all kinds of breaks to these employers to help subsidize the insurance and soften the blow of increased costs.

More here

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Spandan (The People’s View): How the Professional Left’s Blind Obama Hatred Got them Played by a Far-Right Nutjob

Some outlets reported last week that NSA leaker and fugitive Edward Snowden was caught into a bit of hypocrisy: public chat records indicate that back in the ancient times of 2009, he wanted leakers “shot in the balls.” Yeah, he said that. But that’s not all he said. Oh, no. The Technology site Ars Technica posted extensive public chat logs from Snowden, then using the monkier TheTrueHOOHA, that confirms what I had suspected since finding his campaign contributions to Glenn Greenwald’s straight crush Ron Paul.

So let’s talk about this man that has been granted hero status by the Left’s loudest prognosticators and provocateurs….

More here

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Smartypants: The scent of desperation

As we watch the Republicans in states like North Carolina, Florida, Ohio, Virginia and Texas attempt to pass draconian bills affecting things like women’s right to chose and citizen’s access to the ballot, I can’t help but say that I smell a sense of desperation. Its almost as if they know they are a dying beast and are in a hurry to do as much damage as possible prior to their demise.

They’re right….

More here

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Business Insider: MSNBC Just Had Its Most Dreadful Ratings Period In 6 Years

Despite a heavy period of news that included the Boston Marathon bombings and the Jodi Arias trial, MSNBC’s second-quarter ratings plunged to their lowest level since 2007.

…. “The Rachel Maddow Show” suffered its lowest-rated quarter in terms of total viewers since 2008. And June alone was the lowest rated month ever for Maddow in both total viewers and in the 25-54 group.

—-> New host Chris Hayes continues to pull in sluggish ratings for “All In With Chris Hayes,” which in its first full quarter on air provided MSNBC with the lowest-rated 8 p.m. hour in the 25-54 demographic since 2006.

More here

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President Obama and daughter Malia talk aboard a ferry traveling to Gorée Island, Senegal (Photo by Pete Souza)

President Obama and First Lady Michelle Obama dance with guests during an official dinner hosted by President Jacob Zuma of South Africa and First Lady Thobeka Madiba-Zumaat (Pete Souza)

Sasha Obama unlocks the door to former South African President Nelson Mandela’s cell during a tour of Robben Island Prison (Pete Souza)

See slideshow here

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On this day….

Residents greet President Obama and First Lady Michelle Obama upon their arrival at Fort McNair in Washington, D.C., July 3, 2010. (Photo by Chuck Kennedy)

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MoooOOOooorning! Hadn’t time to do a longer R&S, missing lots of newsie stuff, but will catch up later.

01
Feb
13

Nightmare Headlines for the GOP: America’s Bouncing Back (Obama’s Fault)

19
Oct
12

Rise and Shine

Cagle

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10:50: President Obama departs the White House en route Fairfax, Va.

11:45: Delivers remarks at George Mason University in Fairfax, Va. (C-Span)

11:45: VP Biden delivers remarks at a campaign event at the Sun City Community Center (C-Span)

2:0: Michelle Obama speaks to grassroots supporters at a campaign event in Racine, Wisconsin (listed by CNN)

3:30: VP Biden delivers remarks at a campaign event at Lincoln Park High School

4:45: President Obama departs the White House en route Camp David

5:15: Michelle Obama speaks to supporters at a campaign event at the University of Wisconsin-Wausau (listed by CNN)

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Cagle

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Thank you Pamela!

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OFA

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BuzzFeed: Kennedy Attacked Romney For Lack Of Women At Bain In 1994 Ad: “Exclusively White And Male”

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Manchester, New Hampshire, Oct 18 (Darren McCollester/Getty)

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The Alfred E Smith Dinner, Oct 18 (Mario Tama/Getty)

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Chron: A defaced painting of President Barack Obama, across the street from The Breakfast Klub restaurant in midtown, will be redone with a new design, said the original artist, Reginald C. Adams.

…. The original mural, done during the presidential election campaign in 2008, was damaged sometime early Monday by vandals who threw red paint on the larger-than-life image across the street from the popular restaurant at Travis and Alabama.

…. Marcus Davis, the restaurant owner, said he discovered the damage when he got to work about 7 a.m. Monday.

“When this happened it was a sad occasion, and yet there was some excitement there in terms of the opportunity it presents,” Davis said. “Just as President Obama has not given up and has turned a negative into a positive, that’s the example I will follow.”

More here

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Cagle

Cagle

Cagle

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Cagle

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Morning everyone ;-)

17
Oct
12

This, That and the Other

Ohio University’s College Green, Oct 17 (@BuzzFeedAndrew)

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Business Insider

This is really the big story of the moment: The full-on comeback in everything related to consumers and households.

Let’s just break it down really fast.

1. New housing starts are shooting straight up … 2. Retail sales growth: Re-accelerating …. 3. The Unemployment Rate: Collapsing (according to the government) …. 4. And the unemployment rate is collapsing according to Gallup …. 5. And car sales are surging …. 6. Revolving Consumer Credit. Back to growth …. 7. Gallup Economic Confidence is the best since May …. 8. Consumer discretionary stocks surging towards all-time highs …. 9. Homebuilder stocks highest since 2007 …. 10. Wal-Mart has finally busted out, and surged past its 2000 high …. 11. Even more impressive: Home Depot! Surging to multi-year highs …. 12. University of Michigan Consumer Confidence hits a 5-year high …. 13. Restaurant owners are saw a recent spike up in their outlook (they’re a great measure of consumer discretionary spending …. 14. Case-Shiller home prices are clearly on the rise.

Something really big is under way!

See the post for more, including graphs

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LA Times

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Reuters: Groundbreaking on new homes surged in September to its fastest pace in more than four years, a sign the housing sector’s budding recovery is gaining traction and supporting the wider economic recovery.

Housing starts increased 15 percent last month to a seasonally adjusted annual rate of 872,000 units, beating even the most optimistic forecasts on Wall Street, Commerce Department data showed on Wednesday.

It was the quickest pace of groundbreaking since July 2008…

More here

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Steve Benen: For all the Romney/Ryan efforts to convince Americans the economy is getting worse, reality stubbornly keeps getting in the way…

Groundbreaking on new homes surged in September to its fastest pace in more than four years, a sign the housing sector’s budding recovery is gaining traction and supporting the wider economic recovery…..

…. The unemployment rate is at its best point in four years; consumer confidence is at its best point in five years; the federal budget deficit is at its best point in four years. Just this week, reports on retail sales, industrial production, and new housing construction showed sharp and unexpected improvements.

This probably isn’t what Republicans wanted to hear…..

More here

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Cedar Rapids, Iowa (AP/Carolyn Kaster)

Cornell College, Mt. Vernon, Iowa (AP/Carolyn Kaster)

(Reuters/Jason Reed)

Ohio University, Athens, Oct 17 (Reuters/Jason Reed)

More photos tomorrow

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Cagle

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Click to see the rest of the post

08
Oct
12

Rise and Shine

The Nokia Theater, Los Angeles, October 7 (MSNBC/Reuters)

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Today:

PDT / ET

8:50 / 11:50: President Obama departs Los Angeles

9:45 / 12:45: Arrives Bakersfield, CA

10:35 / 1:35: Tours the Memorial Garden at Chávez National Monument, Keene

11:15 / 2:15: Announces the establishment of the César E. Chávez National Monument

12:35 / 3:35: Departs Bakersfield

1:40 / 4:40: Arrives San Francisco

4:0 / 7:0: Attends a campaign event at the InterContinental San Francisco (closed press)

7:15 / 10:15: Delivers remarks at the Bill Graham Civic Auditorium, San Francisco (print pool coverage)

9:40 / 12:40: Delivers remarks at the Bill Graham Civic Auditorium (pooled for television)

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(Kevin Winter/Getty)

(AP Photo/Mark J. Terrill)

(Jay Clendenin, LA Times)

Nokia Theater, Los Angeles, Oct 7 (Kevin Winter/Getty)

Text of the President’s remarks at the Nokia Theater here – the video should be up on C-Span today

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Click here to see the rest of the post

06
Oct
12

Rise and Shine

@BarackObama

OFA

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Newseum

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Newseum

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Click to see the rest of the post

01
Oct
12

‘See how President Obama has helped your state’

OFA

Retweet!

Thank you:

McCarran International airport, Las Vegas, Sept 30

16
Feb
12

rise and shine

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1:05: PBO delivers remarks at a campaign event in Corona Del Mar, Calif.

2:45: Departs Los Angeles, California en route San Francisco

3:30: Arrives San Francisco

5:00: Attends a campaign event

10:10: Delivers remarks at a campaign event

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AP: The number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market is steadily improving.

The Labor Department says weekly applications for unemployment benefits dropped 13,000 to a seasonally adjusted 348,000. It was the fourth drop in five weeks and the fewest number of claims since March 2008.

More here

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USA Today: General Motors earned its highest profit ever last year. The 103-year-old company made $7.6 billion in 2011, up 62% from 2010. Full-year revenue rose 11% to $105 billion.

More here

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ABC (Devin Dwyer): Fact Check – Obama and the Resurgence of American Manufacturing

President Obama is this week heralding the resurgence of American manufacturing as a leap toward an “economy built to last,” and a sign that he deserves a second term. …. Obama’s claim is corroborated by government statistics, which show an undeniable rebound for manufacturers during his term, both in terms of productivity and employment of American workers.

When Obama took office in January 2009, unemployment in the manufacturing sector stood at 10.9 percent and spiked to 13 percent a year later, according to the Labor Department. But in the two years since, unemployment has fallen precipitously, now holding at 8.4 percent in January 2012.

In terms of raw manufacturing jobs, the trajectory is similarly positive …. U.S. manufacturers have also increased production by 15 percent since the recession officially ended in late 2009….

More here

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PPP

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New York Times (Editorial): There’s nothing like a deadline – and the prospect of acute political embarrassment – to concentrate the mind. With Congress about to go on recess, and with Republicans fearing a voter backlash, negotiators on Wednesday were putting the finishing touches on a deal to extend the payroll tax cut and federal jobless benefits through 2012.

The agreement is imperfect but sound. It will help struggling Americans and the struggling economy. It is also a political win for Democrats and President Obama, who had made extending the payroll tax cut and the jobless benefits a centerpiece of his jobs agenda. We hope that it gives them the courage to stick to that agenda if they face another round of Republican obstructionism…..

More here

See Steve Benen here

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LA Times: ….. President Obama was expected to raise a total of more than $3 million during two events at the expansive Holmby Hills estate of “The Bold and the Beautiful” producer Bradley Bell and his wife, Colleen. The outdoor event, with tickets priced at $250 and $500, featured a performance by the Foo Fighters and appearances by comedian Jack Black and actress Rashida Jones.

Obama spoke later to a more intimate gathering inside the Bells’ Spanish-style home, which about 80 supporters each paid $35,800 to attend. Among those present were George Clooney, Jim Belushi and Mayor Antonio Villaraigosa, who on Wednesday was named chairman of the 2012 Democratic National Convention in Charlotte, N.C.

More here

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Washington Post: …. If Obama is suffering any lingering Hollywood blowback after his administration failed to get behind a pair of high-profile Internet piracy bills championed by the entertainment industry, it wasn’t apparent …. The two Tinseltown events were expected to reap more than $3 million….

“Anything we can do to help,” said Andy Spahn, a political consultant to DreamWorks chief Jeffrey Katzenberg, one of Obama’s top campaign bundlers and staunchest Hollywood supporters. “The events are sold out,” Spahn said of Wednesday’s concert and dinner at the home of Bradley and Colleen Bell, producers of “The Bold and the Beautiful.” “I expect the president to continue to enjoy strong support.”

More here

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TPM

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2006:

Oh boy.

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SF Gate: …. this week, The Chronicle has learned that the Obama campaign has, for the first time, opened a new type of campaign office in San Francisco: A Technology Field Office. It is believed to be the first such type of campaign office for a presidential campaign.

“We learned from 2008 that using the talents and skills of our supporters was a key to building the most effective organization,” said Obama campaign deputy press secretary Katie Hogan. “We’re taking the next step by providing tools and space for supporters in the technology community to help the campaign extend our current tools like BarackObama.com and our mobile applications.”

…. instead of cold-calling independents, a techie who wants to help Team O can come in and help develop something new for the website, etc…..

If you want to get involved, contact techvolunteers@barackobama.com.

More here

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The Guardian: …. Obama has critics and doubters. Maya Angelou, the sage of black America, now 83, has no time for them. “I think he has done a remarkable job, knowing how much he has been opposed,” she says. “Every suggestion he makes, the Republicans en masse fight against him or don’t vote at all.”

…. “I was hoping for the best. And I think I have gotten the best from him.” What of his detractors? “Those are people who didn’t see the morass into which he stepped.”

….. “His physical self, just being there, his photograph in the newspapers as president of the United States; that has done so much good for the spirit of the African American. We see more and more children wanting to be like President Obama, wanting to go to school.”

…. More recently, her presidential link has been via the first lady, Michelle Obama. “She’s the grand dame,” says Angelou. “I wrote her a note a few months ago because I was in a gathering. The president and his party were there, but I had to leave early. I know that’s a gaffe because no one leaves the building before the president so I wrote and apologised. I got a letter from her in her own handwriting. She said: ‘I have only one regret – that I didn’t come over and hug your neck.'”

More here

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Morning everyone ;-) I’ll catch up with more news later, see you then.




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