Jack Welch has left our building, metaphorically that is. Welch said he will no longer contribute to Fortune following critical coverage of the former CEO of General Electric, saying he would get better "traction" elsewhere. On Friday, Welch suggested that the Obama administration, calling them "these Chicago guys," had manipulated the monthly jobs report in order to make the economy look better than it actually is just weeks before the election. Welch has been battered by criticism since making the suggestion on Twitter. Monday morning on MSNBC's Morning Joe, Fortune managing editor Andy Serwer said there were a number of
Comments: The Labor Dept. admitted that they added jobs to the 2 previous months and that the improvement came from a phone survey. Additionally the number of jobs created was below the 200,000 threshold needed to keep up with labor population increase. What's fake is trying to tell people that the Labor Dept. unemployment estimate is meaningful.
The laugh will be on the mag-rag in the end. History will show that the jobs numbers were inf act fudged to boost Ø's numbers. I can not ever recall when the jobs numbers jumped like that in just one week. Not ever!
We at Townhall have been covering this hotly contested Senate race for months and the results are finally in: With 36 percent of precincts reporting, Elizabeth Warren has been declared the next junior Senator from Massachusetts. Warren has never held public office before and the eye-popping $40 million she raised this election cycle evidently proved more than enough to unseat incumbent Senator Scott Brown. This was the most expensive Senate race of 2012 -- by a long shot.
Former Gov. Angus King, running as an independent, won the Senate contest Tuesday in Maine, NBC News projected, taking a seat that had been held by the Republicans. The loss further complicated the party's drive to take control of the Senate (Snip) Republican Ted Cruz defeated Democrat Paul Sadler to hold the open seat in Texas, succeeding retiring Republican Kay Bailey Hutchison, NBC News projected. See results Democrats held small edges in two of the other states critical to the balance of power in the Senate: In Massachusetts, where Elizabeth Warren, a law professor at Harvard University, was leading Republican
CNN’s Peter Hamby reported that Mitt Romney‘s internal polling showed President Obama leading in Ohio by five percentage points.Per Hamby’s post: The number represented a sharp final bump for Obama in Ohio, a race that had essentially been a tied race through much of the previous week, according to the campaign’s daily tracking. The polling, which also showed a tight race in Pennsylvania, explains why Romney officials decided to send their candidate on last-minute Election Day visits to Cleveland and Pittsburgh.
The Obama and Romney campaigns may be gearing up for a very late night, with one Obama campaign adviser predicting that in Florida alone, "they'll be counting until 2 a.m." The Obama adviser said signs suggest the race is quite tight, though the campaign claimed to be "holding strong" in key battlegrounds like Ohio, Pennsylvania and Wisconsin. The adviser also said turnout among black voters in Virginia was better than expected, suggesting that could be a problem for Mitt Romney. Republican operatives in Virginia, though, predicted a razor-thin victory for their candidate in the state.
Washington - Early returns on Tuesday in what is anticipated to be a dead even presidential election contained no surprises, as CNN projected President Barack Obama will win his home state of Illinois and eight other races while Republican challenger Mitt Romney will win nine states. All races called so far went as expected after the roller-coaster ride of an election campaign that was buffeted by a superstorm and missteps on both sides. Obama and Romney ran dead even in final polls that hinted at a result rivaling some of the closest presidential elections in history, reflecting the deep political
A week after Hurricane Sandy slammed into the East Coast, a majority of voters said President Barack Obama’s response to the crisis wasn’t a factor in their vote, according to early exit polls. Fifty-five percent of those surveyed, per CBS News’ early exit polling released by radio station WKZO in Kalamazoo, Mich., said Obama’s handling of the storm was a minor factor in their vote or wasn’t a factor at all. Twenty-six percent named Sandy as an “important” factor, and 15 percent said it was the “most important” factor in their decision.
Mitt Romney is leading among independents in both Ohio and Virginia, early exit polls show. In Ohio, the former Massachusetts governor takes 56 percent of self-identified independents, compared with 40 percent for President Barack Obama. That’s a huge decrease for Obama from 2008, when the exit polls found him winning independents in Ohio by 12 points, 52 percent to 44 percent for John McCain. The numbers are similar but slightly tighter in Virginia: Romney takes 53 percent of independents there, according to ABC News exit polls, a 12-point lead over Obama. In 2008, Obama won independents in the state by
Mitt Romney and President Obama each racked up early and expected victories Tuesday night in relatively safe territory, while some of the biggest battlegrounds that will decide the election remained too close to call. All the big swing states where polls have closed -- Florida, New Hampshire, Pennsylvania, Ohio, Virginia and North Carolina -- were too close to call, Fox News projects. (Snip) Obama will also win three of Maine's four electoral votes, Fox News projects. It is unclear where the state's fourth electoral vote will fall. The latest batch of poll closings, and results, has allowed Obama to take
Mitt Romney was projected the winner in South Carolina on Tuesday night, taking home the state’s nine electoral votes. So far Tuesday the former Massachusetts governor has taken other reliably red states including Kentucky and West Virginia. Romney leads in the Electoral College with 24 electoral votes to President Obama’s three.
As expected, the presidential race is tight in Ohio, where the polls just closed: President Obama is winning women 55 percent to 44 percent in the early CBS News exit poll, while Mitt Romney is leading 52 percent to 46 percent among men. Women made up 51 percent of the electorate, compared to 49 percent among women. Thirty-nine percent of voters so far identified themselves as Democrats, compared to 30 percent calling themselves Republican. Thirty-one percent identified as independent or something else, and Romney has a big edge among this group - 56 percent to 40 percent for Mr. Obama.
As expected, Republican candidate for President, Mitt Romney, won West Virginia’s five electoral votes in Tuesday’s General Election over President Barack Obama. National media outlets called the race in West Virginia shortly after polls closed at 7:30 p.m. President Obama’s fate in West Virginia has never been in question, as he garnered just 60 percent of the democratic vote in the May primary. The other 40 percent of that vote went to Texas federal inmate Keith Judd, who was placed on the ballot in West Virginia. President Obama has been hugely unpopular in the Mountain State since he first ran
Early exit polls show Election Day voters are slightly more Republican than in 2008 and broadly concerned about the state of the U.S. economy. Six in 10 voters said the economy is their top issue according to the poll, which was released by The Associated Press and conducted on behalf of a consortium of media companies. Less than a quarter of voters said their families were better off than four years ago — a point seized on by many Republicans as the results leaked out.
WASHINGTON— President Barack Obama is not an overtly religious man. He and his family rarely attend church, and he almost never elaborates in public about his own relationship to his Christian faith. But away from the public eye, advisers say, the president has carefully nurtured a sense of spirituality that has served as a grounding mechanism during turbulent times, when the obstacles to governing a deeply divided nation seem nearly insurmountable. Every year on Aug. 4, the president´s birthday, Obama convenes a group of pastors by phone to receive their prayers for him for the year to come. During the
An unnamed Obama administration official claimed that the White House feared GOP subpoenas would slow their work on the Obamacare website, leading to keeping its design in-house with "trusted campaign tech experts" that seemed to have spectacularly failed at creating a successful commerce website. In a Politico article lamenting the second week of failed performance of Healthcare.gov, the Obamacare insurance website, the unnamed official attempts to explain why the whole thing has been such a dismal failure: it´s the Republican´s fault. "Facing such intense opposition from congressional Republicans," Politico wrote, "the administration was in a bunker mentality as it built the enrollment
This is not the column about the Obamacare rollout I expected to write. If you had told me, months ago, that weeks after the health care law’s coverage expansion went into effect I would be writing about the problems its launch had exposed, I would have assumed I’d be writing about rate shock, rising premiums and the disappearance of many cheap insurance plans — basically, all the problems conservatives have worried will make Obamacare a ruinously expensive failure if they play out as we fear they might. I may be writing about those issues soon enough. But for now there
Senate Minority Leader Mitch McConnell’s campaign spokeswoman Allison Moore attacked the Senate Conservatives Fund for endorsing McConnell’s primary challenger Matt Bevin on Friday. “Matt Bevin now has the dubious honor of standing with a self-serving D.C. fundraising group that made its name by recruiting and promoting unelectable candidates that ensured Barack Obama a majority in the Senate,” Moore said in a statement to the Washington Post. “They clearly care less about Kentuckians than they do about their reputation for supporting laughably bad candidates. Now they can add a New England bailout recipient who claims he went to MIT to their
Senate Majority Leader Harry Reid (D-Nev.) said he might not be good at calculus, but he knows how to legislate. Reid told The Huffington Post that Sen. Ted Cruz (R-Texas) is smart, but he can’t outmaneuver the 26-year veteran in the halls of Congress. “He might be able to work a calculus problem better than I can,” Reid said Thursday. “But he can´t legislate better than I can." Reid and Senate Minority Leader Mitch McConnell (R-Ky.) are credited with brokering the deal that ended the government shutdown. Reid said the House’s decision to go along with a deal to end
Members of Congress and their staffs are on red alert tonight for a CBS 60 Minutes investigation by veteran CBS reporter Steve Kroft and Government Accountability Institute (GAI) President and Breitbart News editor Peter Schweizer exposing how lawmakers convert campaign donations into lavish lifestyle upgrades for themselves and their family members. Sources say top CBS executives thought the report was so explosive that they made it the show’s lead story and delayed airing it for another week in order to capture tonight’s much larger NFL-viewing audience. The report features selected revelations from Schweizer’s forthcoming book, Extortion: How Politicians Extract Your
The British multinational in charge of processing Obamacare paper applications received a hefty contract boost just days before Healthcare.gov’s disastrous roll-out, a sign that the Obama administration may have expected serious problems with the website.The Business of Federal Technology (FCW) reports that on Sept. 26, the Centers for Medicare and Medicaid Services (CMS) increased their planned payout to Serco’s U.S. subsidiary by 75 percent, adding an extra $87 million to the $114 million promised for processing initial Obamacare enrollment applications.The contract documents do not explain the last-minute infusion of federal dollars, and neither Serco nor CMS would disclose why the
Here’s a question for conservatives and Republicans: Going into the 2012 Election Day, or even in the last few days before Election Day, did you think Mitt Romney was going to win? A couple of months ago, did you think the strategy of threatening to shut down the government or prevent raising the debt ceiling, to force the outright repeal or defunding of Obamacare, would really work? Romney lost by 4,967,508 votes, 126 Electoral College votes, and 3.85 percentage points. That’s not very close. Obamacare isn’t going to be repealed this year, and it’s not going to be defunded. So the
During an interview for “This Week,” former Republican Florida Gov. Jeb Bush encouraged Texas Republican Sen. Ted Cruz – who told ABC News that he would do “anything” to stop Obamacare – to come up with an alternative and show some restraint if his aim was to repeal the president’s signature healthcare law. “I think the best way to repeal Obamacare is to have an alternative; we never hear the alternative...we could do this in a much lower cost with improved quality based on our principles, free market principles...and two, show how Obamacare, flawed to its core, doesn’t work,” Bush
The word “appropriate” is one of the better homonyms in the English language. As an adjective, it is defined as “suitable or proper in the circumstances,” while as a verb appropriate means “to take something for one’s own use, typically without the owner’s permission.” Which brings us to the Washington Redskins. Currently the Redskins are more than a disappointing NFC East franchise; they are a national litmus test. The franchise has in recent months taken a lot of heat – and not Miami Heat – because its name is a racial slur. Which - and we might as well deal with this
Watch out, Alan Grayson: you´ve got competition when it comes to uttering the ugliest slur on Tea Party Republicans . . . Sure, you´ve compared them to the Klan. But fellow Dem Steve Cohen has upped the ante. On Steve Kornacki´s MSNBC show this morning, Cohen called Tea Party congressmen: "domestic enemies" that he took an oath to defend the country against. Did Kornacki challenge Cohen´s libel? Hah! He merely observed that Cohen sounded "very pessimistic." View the video after the jump.Was Cohen´s calumny what President Obama had in mind when this past week he proclaimed that "there is no
Tea Party groups and big-business interests will ratchet up the civil war for the heart and soul of the Republican Party during the 2014 elections. Fed up with conservatives who do not want comprehensive immigration reform and more government expansion, business groups like the Chamber of Commerce will seek to oust conservative lawmakers in Congress. “We are going to get engaged,” Scott Reed, a senior political strategist for the U.S. Chamber of Commerce, told Bloomberg News. “The need is now more than ever to elect people who understand the free market and not silliness.” The chamber reportedly "spent $35.7 million on federal elections