Posts Tagged ‘loan

29
Apr
20

Racism Everywhere

09
Aug
13

News Of The Day

OBAMA-PRESS-CONFERENCE

President Barack Obama holds a press conference in the East Room at the White House.

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Ben Armbruster: Obama Announces Plans To Reform Surveillance Programs

President Obama announced on Friday that he plans to institute new reforms to include greater oversight of the National Security Agency’s surveillance programs, just over two months after former NSA consultant Edward Snowden leaked secret documents detailing their scope and reach. First, Obama said he would work with Congress to reform the authorities authorizing NSA surveillance so that they include more safeguards and oversight to further protect from abuse.

Obama said he would also push to give greater assurances to the American people that the secret court authorizing surveillance that privacy is being protected, including having government arguments “challenged by an adversary.” Third, Obama said he wants to declassify more information about the programs, including the legal rationals behind them, and create a website to learn more about U.S. surveillance activities. Finally, Obama said he would assemble a team of outside independent experts to review communications and surveillance technologies and issue a report on findings and recommendations by the end of the year.

More here

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ThinkProgress: Politico Revives Junk Science Suggesting Hispanics Are Dumber Than Whites

Earlier this year, Jason Richwine lost his job writing about immigration policy for the conservative Heritage Foundation after it came to light that he suggested Hispanics and blacks were genetically less intelligent than whites and Asians in his graduate dissertation. I conducted a lengthy review of Richwine’s research, finding that it was grounded in poor conceptual analysis and wildly outdated research.

Friday morning, Politico published an op-ed by Richwine misrepresenting his research, the controversy surrounding it, and the facts about race and intelligence in some really basic ways….

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Sahil Kapur: Obama Torches GOP For ‘Ideological Fixation’ With Repealing ObamaCare

“Now, I think the really interesting question is why it is that my friends in the other party have made the idea of preventing these people from getting health care their holy grail,” he said. “Their number one priority, the one unifying principle in the Republican Party at the moment is making sure that 30 million people don’t have health care. And presumably repealing all those benefits I just mentioned. Kids staying on their parents’ plan, seniors getting discounts on their prescription drugs, a return to limits on lifetime limits, continuing to get blocked from health care insurance.”

“That’s hard to understand as an agenda that’s going to strengthen our middle class. At least they used to say, well, we’re going to replace it with something better. There’s not even a pretense now that they’re going to replace it with something better. The notion is simply that those 30 million people or the 150 million who are benefitting from the other aspects of affordable care, will be better off without it. That’s their assertion. Not backed by fact, not backed by any evidence. It’s just become an ideological fixation.”

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Reuters: U.S. To Reopen 18 Of 19 Embassies Closed Amid Security Concerns

Eighteen of the 19 U.S. embassies closed this month due to worries about potential terrorist attacks will reopen on Sunday, the U.S. State Department said on Friday.

“Our embassy in Sanaa, Yemen, will remain closed because of ongoing concerns about a threat stream indicating the potential for terrorist attacks emanating from Al Qaeda in the Arabian Peninsula,” State Department spokeswoman Jen Psaki said.

The United States will also keep its consulate in Lahore, Pakistan, shuttered, Psaki said, adding it closed on Thursday due to a “separate credible threat.”

More here

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Pete Souza: The pool press covers Pres Obama signing the student loan bill

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21
Jun
12

President Obama on Student Loan Interest Rates

02
Nov
11

rise and shine

Greg Sargent: The first thing you should watch this morning is this harsh new Web video from the Obama-allied Priorities USA Action. It paints a very lurid picture of “Mitt Romney’s America,” and it provides the clearest clues yet as to what kind of campaign Obama and outside groups will run against him if he’s the nominee.

Romney’s corporate background, as well as that infamous Bain picture, get top billing, and are tied to the allegation that Romney’s policies would be a boon to corporations while decimating the middle class. Obama advisers and allies intend to paint an extremely vivid and even frightening picture of what Romney’s desire to roll back Obama’s post-Bush reforms would mean for the economy, the country, and the future. Beyond his pro-corporate policies, the feeling on the Obama team is that Romney’s corporate past is an unexplored and potentially serious liability, particularly amid the intense anti-Wall Street sentiment that seems to be on the rise…..

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CNN will have live steaming of the President’s 11:25 speech

Today:

11:25 The President delivers remarks in front of the Key Bridge at Georgetown’s Waterfront Park in Washington, DC

12:30 Jay Carney’s press briefing

2:30 Michelle Obama hosts the PCAH’s National Arts and Humanities Youth Program Awards

4:15 The President and Vice President meet with Senate Democratic leadership

7:0 The President departs Joint Base Andrews en route to Nice, France

7:0 The Vice President and Jill Biden host Eric Cantor and his wife Diana for dinner at the Naval Observatory

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More at the White House site

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You know how much I hate GOPolitico and how I hold my nose when I link to it – well, I’m holding my nose again because this article is worth reading: link

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Quinnipiac: President Barack Obama’s job approval rating is up, from a negative 41 – 55 percent October 5, to a split today with 47 percent approving and 49 percent disapproving in a Quinnipiac University poll released today. The president has leads of 5 to 16 percentage points over likely Republican challengers.

…. “President Obama seems to be improving in voters’ eyes almost across-the-board,” said Peter Brown, assistant director of the Quinnipiac University Polling Institute. “He scores big gains among the groups with whom he has had the most problems – whites and men. Women also shift from a five-point negative to a four-point positive.

….. Obama also is looking better in matchups against potential Republican nominees:

47 – 42 percent over Romney, compared to a 46 – 42 percentlead October 5;
52 – 36 percent over Perry, up from a 45 – 44 percent tie last month;
50 – 40 percent over Cain, who was not included in a matchup last month;
52 – 37 percent over Gingrich, who was not matched last month.

More here

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From the same poll:

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The Week

See Steve Benen on Cain’s troubles

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Full editorial here – thanks Proud

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Morning everyone 😉

20
May
11

‘chrysler lines up $7.5 billion to repay loans’

ABC: Chrysler Group LLC could repay most of its government loans as early as next week after raising $7.5 billion from bank loans and bond sales.

The company said last month that it intended repay the U.S. and Canadian governments during the second quarter. It announced the financial details on Thursday. Chrysler could repay the government as early as Tuesday if the deals close as expected.

…Chrysler took $10.5 billion from the U.S. government to survive two years ago, and it has repaid some of the money. The refinancing will allow it to retire a $5.9 billion balance on the U.S. loans and $1.6 billion to the governments of Canada and Ontario.

…Chrysler’s action is the latest in the long comeback of the Detroit auto industry after the recession put its future in doubt … Earlier this month Chrysler announced first-quarter net income of $116 million, its first profitable quarter since 2006. Its sales are up nearly 23 percent this year….

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