President Barack Obama and First Lady Michelle Obama talk in the Green Room of the White House before hosting a Smithsonian Museum of African American History reception in the East Room, Feb. 22, 2012. (Official White House Photo by Pete Souza)
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President Barack Obama listens during the groundbreaking ceremony of the National Museum of African American History and Culture, February 22
The Hill: The Congressional Budget Office said Wednesday that President Obama’s 2009 stimulus package continues to have a significant effect.
The bill raised fourth-quarter 2011 gross domestic product by as much as 1.5 percent, it states, and lowered the unemployment rate by as much as 1.1 percentage points.
The package reduced the rolls of the jobless by up to 2 million people in the last three months of 2011.
LA Times: Sales of previously owned homes rose 4.3% in January and inventories fell to nearly seven-year lows as lower prices, unusually warm weather and an improving economy lifted demand.
….. January sales were at a seasonally adjusted annual rate of 4.57 million …. Sales rose in all four major regions, including an 8.8% pop in the West.
Job creation, mild weather, rising rents and increased household formation contributed to the sales gains, according to Lawrence Yun, chief economist of the Realtors group. “Things are genuinely improving,” Yun said.
First lady Michelle Obama is joined by Los Angeles Mayor Antonio Villaraigosa at the future site of a Northgate Market in Inglewood, Calif., Wednesday, Feb. 1, 2012. Michelle Obama says the proposed new supermarket in the middle of a blue-collar Hispanic neighborhood in Southern California is an example of how the effort to bring healthy foods to low-income communities is paying off.
AP: First lady Michelle Obama on Wednesday said the campaign to bring healthy food to all Americans is happening neighborhood by neighborhood.
Standing in a vacant Southern California store set to be refurbished and reopened this summer, Obama lauded efforts to bring large grocery retailers to inner-city areas that traditional supermarket chains spurn.
…. Obama, who is on the second day of her two-day visit to the Los Angeles area, made the stop in the blue-collar, largely Hispanic neighborhood as part of her “Let’s Move!” campaign to boost healthy food and fitness.
Part of the campaign includes promoting initiatives such as the $264 million California FreshWorks Fund, which finances grocery businesses willing to open in urban areas.
…. After the Inglewood event, Obama was scheduled to appear on The Ellen DeGeneres Show and to deliver a luncheon speech at the Democratic National Committee.
Washington Post: U.S. factories grew in January at the fastest pace in seven months, boosted by a rise in new orders. And builders ended a poor year for construction by spending more on homes and projects for the fifth straight month.
The reports bolster other data showing the U.S. economy started the year strong.
The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index rose last month to 54.1 from 53.1 in December. Readings above 50 indicate expansion.
Consumers are buying more cars and trucks, while businesses ordered more machinery and other equipment. That has driven manufacturing, which expanded for the 30th straight month.
Both new orders and order backlogs rose to nine-month highs. Increasing order backlogs suggest manufacturers are lacking the capacity to meet demand. That could mean more growth in production and employment in the near future, economists said.
Export orders also rose, a sign that U.S. manufacturers haven’t yet been affected by Europe’s slowing economy.
“This is a very encouraging report on manufacturing activity that shows particular strength in leading indicators,” said John Ryding, an economist at RDQ Economics.
Steve Benen: For campaign watchers, Florida’s Republican presidential primary was the big draw yesterday, but there was another noteworthy race on the other side of the country: a U.S. House special election in Oregon’s 1st congressional district.
Just two weeks ago, the National Republican Congressional Committee took an interest in the race, airing attack ads against Democratic candidate Suzanne Bonamici. The GOP candidate, Rob Cornilles, even released an internal poll showing him trailing by only four points.
Yesterday, however, it became clear Republicans were chasing a mirage.
Democrat Suzanne Bonamici swept to victory Tuesday in Oregon’s 1st Congressional District, continuing her party’s nearly four-decade-long hold on the seat covering the northwestern corner of the state. With the bulk of ballots counted, Bonamici was defeating Republican Rob Cornilles by about 15 percentage points…..
TPM: The Obama administration announced Wednesday that the Medicare Advantage program, which allows seniors to receive health coverage through a private insurer, is enjoying lower costs and more customers as a result of the health care reform law.
Yahoo: If you watched President Obama’s Google+ hangout Monday night, you saw two interesting exchanges between the president and Jennifer Wedel, a 29-year-old Texas mother of two.
It turns out that Wedel’s digital meeting convinced her to vote for Obama in this year’s presidential election – despite her support for the GOP.
…. Afterwards, Wedel, who described herself as a “good Republican,” is now planning to vote for Obama in this year’s presidential election.
“I didn’t vote for him four years ago. But I have been so disappointed with the presidential race. I haven’t seen anybody who would have been a good replacement. I know how Obama is now. I know how he rolls. So I’d probably vote him back in,” said Wedel in an interview with The Atlantic. “I (feel) like I know him a little more,” Wedel said. “There was a connection. He should definitely do this with more people…..”
….. for those who watched the event, a slightly odd moment near the end might have jumped out. During that personal question round, Wedel asked Obama if he would do a little jig. Obama demurred. What was that about? It’s a YouTube meme thing, explained Wedel. An extremely popular video on the site is a minute-and-a-half clip of then-candidate Obama shaking it on “The Ellen DeGeneres Show” back in 2007; one version has 12 million hits and counting.
“It’s so funny,” said Wedel. “You’ve got to watch it.”
See Extreme Liberal’s post on Halperin’s history – here
So, MSNBC suspended Mark Halperin after he revealed his inner Teabagger by calling the President a “dick”.
Could anyone – anyone?! – explain to me why they now have him back on, regularly, as a supposed impartial analyst on President Obama? (Today, for example, he shared his expert opinion that the President is DOOMED!)
Are they serious?
If you’d like to ask MSNBC why they are still using this creep, you’ll find their contact details at What is Working (here)
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Here’s what Steve Benen had to say at the time: …. If you can watch the video, note how Halperin, ostensibly one of the nation’s most influential pundits, was smiling, with a smug satisfaction. It wasn’t a word he just blurted out in the heat of a larger discussion – Halperin thought about it….
….There are a couple of angles to keep in mind here. The first is that Halperin’s credibility as an objective observer of political events has long been dubious, at best, but this morning’s little stunt should remove all doubt. In candor, I don’t much care that Halperin sides with the right over the left, and takes cheap shots at Democrats. I care that Halperin is presented to the public as a neutral, even-handed expert, when that’s plainly not the case. To this extent, the “dick” comment only helps bring an end to a thin pretense.
… If the president stays cool, he’s an emotionless Mr. Spock. If the president shows some fire in the belly, he’s “a dick”.
What passes for mainstream political punditry in 2011 is too often a national embarrassment.
Alex Pareene (June 2011): …. I don’t care what Halperin calls Barack Obama. But for the record, President Obama did not really act like a dick yesterday, which is unsurprising, because Mark Halperin is a horrible political analyst who is wrong about everything….
This is a great excuse for MSNBC to fire Halperin, though! I mean if they won’t fire him for being incompetent at understanding and explaining politics they now have an opportunity to fire him for being disrespectful and vulgar.
Being a professional observer of the “horse race” is bad enough, but Halperin doesn’t even understand the horse-race element of politics. He fails at being a hack. He’s too dumb to correctly parrot conventional wisdom. He is pretty sure Sarah Palin and Donald Trump are 2012 front-runners. He thought “suspending his campaign” to fix the economy and not knowing how many houses he has were both huge messaging victories for John McCain. He wrote a book about how to win in 2008 that predicted everything Hillary did, but in his world it all worked. He thought Bush’s political comeback would come any day now throughout the entirety of the years 2006-2008. He can’t interpret polls or see through the spin of GOP consultants who are much smarter than he….
So this indefinite suspension is a nice first step, but I bet it won’t be long before they allow him to come crawling back into Mika and Joe’s little parlor of inanity. (And will Joe get in trouble for egging him on? Does Joe get in trouble for anything?)
Bloomberg: Fewer Americans than forecast filed applications for unemployment benefits last week, indicating the pickup in firings that began in April is abating.
Jobless claims declined by 16,000 to 414,000 in the week ended June 11 … Economists surveyed by Bloomberg News projected 420,000 filings. The number of people on unemployment benefit rolls and those receiving extended payments decreased.
Claims are “still high but it seems we’re heading in the right direction,” said Jennifer Lee, a senior economist at BMO Capital Markets….
….Housing starts in the U.S. increased more than forecast in May, led by a jump in the West as other parts of the country languished. Work began on 560,000 houses at an annual pace, up 3.5 percent from the prior month and exceeding the 545,000 median forecast of economists surveyed by Bloomberg. Building permits, a sign of future construction, also increased.
…The number of people continuing to receive jobless benefits dropped by 21,000 in the week ended June 4 to 3.68 million, the lowest since April 16.
President Obama announces $400 million in additional help for housing, schools, and development in Gaza and the West Bank as he and Palestinian President Mahmoud Abbas speak to the press after meeting in the Oval Office. June 9, 2010.
The Obama Diary 
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