President Barack Obama today formally nominated his chief of staff Jacob ´Jack´ Lew as Treasury Secretary and joked that he had considered abandoning the nomination after learning of his illegible signature. The president was responding to criticism of Lew´s scrawl which has been compared to a spring or a curly French fry - and how if it is not changed could become an international embarrassment as the Treasury Secretary´s signature always graces the dollar bill. ‘Jack assures me that he is going to work to make at least one letter legible in order not to debase our currency
Comments: The Won´s signature has done far more debasing (think Obamacare, stimuli, etc.).
Lew and the other appointees will be very dangerous for the country.
Lew boldly lies about the state of our fiscal situation, and he absolutely refuses to talk about reducing entitlement programs by as much as 1 cent. Lew is in this for Obama, not to serve the American people.
We are in so much trouble with these radical appointees.
Obama knows Lew is going to debase the currency. That´s why he was appointed. More debt. Redo the numbers so that inflation is not recognized. Call the falling exchange rate due to an overvalued Chinese Yuan. Meanwhile, America´s standard of living fell 10% in Obama´s first term. The second term will show another 15% fall in living standards. America will enjoy failure and decay. Fed up blue state citizens will be forced to emigrate to the red states.
After allegations were made about the legitimacy of the author´s account of the attack on the U.S. diplomatic compound in Benghazi, Libya last September, Simon & Schuster has halted publication and sale of The Embassy House: The Explosive Eyewitness Account of the Libyan Embassy Siege by the Solider Who Was There, by Sgt. Morgan Jones and Damien Lewis. "In light of information that has been brought to our attention since the initial publication of The Embassy House, we have withdrawn from publication and sale all formats of this book, and are recommending that booksellers do the same," said Jennifer Robinson,
AVANNAH, Ga. — The uninsured pour into Memorial Health hospital here: the waitress with cancer in her voice box who for two years assumed she just had a sore throat. (Snip) Now, in a perverse twist, many of the poor people who rely on safety-net hospitals like Memorial will be doubly unlucky. A government subsidy, little known outside health policy circles but critical to the hospitals’ survival, is being sharply reduced under the new health law. The subsidy, which for years has helped defray the cost of uncompensated and undercompensated care, was cut substantially on the assumption that the hospitals
The Affordable Care Act’s website debut has been compared to the Titanic disaster. The analogy is fair, in that the ship’s captain demonstrated an inexplicable lack of interest in and respect for the risks presented by the iceberg-infested waters through which his vessel was sailing. (Snip) As many parallels as there are between the fateful maiden voyage of the Titanic and the launch of Healthcare.gov, however, there is another colossal technological disaster that may be even more apt: the catastrophic 1986 explosion of the space shuttle Challenger just 73 seconds after liftoff. Exhaustive postaccident analyses revealed that the immediate cause
Insurers say the early buyers of health coverage on the nation´s troubled new websites are older than expected so far, raising early concerns about the economics of the insurance marketplaces. If the trend continues, an older, more expensive set of customers could drive up prices for everyone, the insurers say, by forcing them to spread their costs around. "We need a broad range of people to make this work, and we´re not seeing that right now," said Heather Thiltgen of Medical Mutual of Ohio, the state´s largest insurer by individual customers. "We´re seeing the population skewing older."(Snip)The average enrollee age
Here’s the latest leading theory about those mystery barges in Portland and San Fransisco: They’re party boats for launching Google Glass, the Internet giant’s computerized eyewear.The barges, and the odd-looking structures on top of them, have been linked to Google in documents from the Coast Guard in New London, Conn., and in an apparent slip-of-the-tongue by a Coast Guard official in California.(Snip)But new evidence indicates the barges will be towed to large coastal cities, where wealthy customers will be invited aboard for exclusive looks at Google Glass. The wearable computer, still under development, would enable people to communicate with the
The four-story structure that has been docked in Portland Harbor since Oct. 10 is connected in some way to Google, according to Coast Guard documents obtained by a Connecticut newspaper through a Freedom of Information Act request. (Snip)The purpose of the structure and the barge it rests on is not described in the documents, which do reveal a plan to operate the vessel in various ports, the first being New York Harbor. Tugboats from Portland towed the barge from New London, arriving Oct. 10 at Rickers Wharf on Portland’s waterfront, a facility owned and operated by Cianbro.Cianbro’s Chief Executive Officer
POLACCA, Ariz.—-The group of boys head out toward the mesa, setting their feet upon dirt trails that are lined with scrub brush and corn fields. It´s the same earth that their Hopi ancestors would tread as they ran in prayer for rain, prosperity and all of mankind. For these boys, the drive is as much about the competitive spirit as the enduring spirit of their culture. Hopi High School, where they are students, has earned 23 state cross-country titles in a row, and according to its coach, is one of three schools in the country to earn a perfect score Source corrected and removed from text by Staff.
The Coast Guard confirmed Wednesday that Google is involved with the mysterious four-story structure that’s floating on a barge in San Francisco Harbor, a structure that’s virtually identical to one in Portland Harbor. Later, however, the Coast Guard revised its statement. A spokesman said the Coast Guard could not discuss details about the barge, and could neither confirm nor deny a connection with Google.(Snip)“We have people in the (Coast Guard’s) Prevention Department who have been asked by the owner not to talk about it,” Ingham said.
The purpose of two structures floating in Portland and San Francisco harbors remains a mystery, but the anonymous owner has left clues to the projects’ high-tech ambitions: inside jokes that computer geeks might find hilarious.The strange-looking buildings floating on barges are made of shipping containers, welded together. Some experts have speculated that they will be floating data centers. The search engine giant Google received a patent five years ago for a proposed floating data center that uses the ocean to provide cooling.
New York-Her body weak, her voice rich and strong, Maya Angelou sang, lectured and reminisced as she accepted a lifetime achievement award Thursday night from the Norman Mailer Center. The 85-year-old author, poet, dancer and actress was honored during a benefit gala at the New York Public Library, the annual gathering organized by the Mailer Center and writers colony . Seated in a wheelchair, she was a vivid presence in dark glasses and a sparkling black dress as she marveled that a girl from a segregated Arkansas village could grow up to become a literary star. "Imagine it," she said, "a
The Affordable Care Act may give health insurance companies a virtually limitless power to tap the U.S. Treasury, thereby lifting insurers´ profits to undreamt-of heights. (Snip)The subsidy formula promises, for example, that a family of four with $30,000 in income will pay no more than 2% of that income (or $600) for its health insurance. If an insurer charges $10,000 for a family policy, then, the family will pay $600 to the exchange, and the federal government will pay the remaining $9,400. Under the medical-loss-ratio (MLR) rules, the insurer is entitled to retain 20% of the $10,000 (or $2,000) for
At a March 2012 meeting, a group of examiners at the Federal Reserve Bank of New York agreed that Goldman Sachs had inadequate procedures to guard against conflicts of interest — guidelines aimed at stopping firms from putting their pursuit of profit ahead of their clients’ best interests. The examiners voted to downgrade a confidential rating assigned by the New York Fed that could have spurred costly enforcement actions and other regulatory penalties. It is not known whether the vote in fact led to a rating change. The former examiner who pushed for a downgrade, Carmen M. Segarra, now contends
In the home stretch of the 2012 presidential campaign, from August to September, the unemployment rate fell sharply — raising eyebrows from Wall Street to Washington. The decline — from 8.1 percent in August to 7.8 percent in September — might not have been all it seemed. The numbers, according to a reliable source, were manipulated. And the Census Bureau, which does the unemployment survey, knew it. Just two years before the presidential election, the Census Bureau had caught an employee fabricating data that went into the unemployment report, which is one of the most closely watched measures of the economy. And a knowledgeable
President Barack Obama told the Wall Street CEO Council Tuesday that his administration has "reined in spending" and "cut our deficits by more than half." "After years of trillion-dollar deficits we reined in spending, wound down two wars and began to change a tax code that I believe was too skewed towards the wealthiest among us at the expense of the middle class," said Obama. "And since I took office, we have now cut our deficits by more than half. Add it all and businesses like yours have created 7.8 million new jobs over the past 44 months, we´ve gone farther
Barack Obama is the coolest president we’ve had since John F. Kennedy, at least according to conventional standards for such things. Obama has always been a brand as much as a politician, one that has been perceived as sleek, smart, and up to date. Then along came HealthCare.gov. Its failure to launch is a signal event in the long political battle over Obamacare and perhaps an inflection point in the president’s image. It’s hard to maintain a sense of truly being on the cutting edge of change when you can’t build a website. Obama’s cool was, in part, an artifact of world-class
Negligence? Absolutely. Incompetence? The case can be made. But scandalous? To suggest that the White House has willfully engaged in the intentional misleading of the public and an outrageous dereliction of its responsibilities to enforce the laws passed by Congress has been a bridge too far. Until recently. New revelations are now forcing even the most reluctant of President Barack Obama’s critics to concede that the Affordable Care Act’s implementation has evolved into a scandal. “I was not informed directly that the website would not be working, as the way it was supposed to,” Obama told reporters on November 14.
In an interview on BET last night with Bow Wow and Keshia Chante, First Lady Michelle Obama talked up her husband, President Barack Obama. "I always say my husband has got swag," said Mrs. Obama. "He’s got a little swag." The audience applauded. Mrs. Obama also said that the president of the United States "sings all the time." She continued, "Oh, yes, he’s in the bathroom all the time just singing." She also praised her husband. "[H]e has got a good voice." Here´s a transcript of that exchange:
A downbeat President Barack Obama repeatedly asked his worried supporters Monday night to help resurrect his spirits, following weeks of political disasters and personal humiliations caused by the cascading collapse of Obamacare. The distracted president railed against opponents and at one point appeared to forget the number of people in the Obamacare system during the rambling quarter-hour address. “My main message is I’m going to need your help, your energy, your faith, your ability to reach out to neighbors, kids and friends [and] co-workers,” he told listeners to the Internet broadcast arranged by his grass-roots group, Organizing for Action. But his worried
WASHINGTON — Michelle Obama says she won’t wear shorts on Air Force One again because the one time she did, it created “a huge stink.”(snip)Mrs. Obama was asked about her biggest fashion regret. She said she’s always happy with her outfits but that, quote, “sometimes I forget I’m the first lady and I’m running around in shorts.” She recalled her family’s first White House vacation, to the Grand Canyon in August 2009. Mrs. Obama said her wearing shorts getting off the plane “created a huge stink because people were like, ‘she’s wearing shorts getting off of Air Force One.’” She said her thought
On Tuesday, President Barack Obama conceded that he will have to "remarket" and "rebrand" Obamacare as public confidence in him and the healthcare law he championed has plummeted. Speaking at the Wall Street Journal CEO Summit, Obama addressed the failures of the Obamacare rollout and said while he was confident that the healthcare model his administration built, which he claimed worked off of the "existing private insurance system," would succeed, the law would have to be rebranded. “We are going to have to obviously remarket and rebrand,” Obama said. “And that will be challenging in this political environment.” When he
New Jersey Gov. Chris Christie (R) says everyone should stop talking so much about the 2016 presidential race, because doing so hurts President Obama, who´s only a year into his second term. "In this sense, I feel badly for President Obama. He just won a year ago, and everybody´s like, ´So, who´s next?´" Christie said Monday night at the Wall Street Journal CEO Council. "There is work to be done in this country. And as we shove him out the door, we minimize his ability to be an effective executive. And we shouldn´t do that." Even as he urged people to focus
A day after his daughters´ spat over their disagreements on gay marriage spilled out messily into the public, former Vice President Dick Cheney and his wife, Lynne, released a statement urging that there not be a "distortion" of Liz Cheney´s views on the subject. The statement came a day after Mary Cheney and her wife, Heather Poe, blasted Liz Cheney, a Republican U.S. Senate candidate in Wyoming for her opposition to gay marriage. Here is Dick and Lynne Cheney´s full statement on the issue: "This is an issue we have dealt with privately for many years, and we are pained to see it
President Obama irked some conservatives with his recitation of the Gettysburg Address, which he read aloud as part of a project celebrating the 150th anniversary of famous Lincoln speech. For the project, spearheaded by documentarian Ken Burns, a number of politicians and other high-profile people recorded themselves reading the Gettysburg Address. However, Mr. Obama´s recording seems to be the only one that leaves the phrase "under God" out of a certain line. Some conservatives took offense to the president´s reading. "Lincoln added ´Under God´ as he was looking out over battlefield. why would obama remove?" Former House Speaker Newt Gingrich said on Twitter. Gettysburg
When I first saw a headline about what Martin Bashir said, I figured it must be exaggerated. No responsible cable news host would call for defecating on a public figure. That’s just beyond the pale, right? But that’s exactly what Bashir did on his MSNBC show, while spewing venom at Sarah Palin. He made an abject apology yesterday, and we’ll get to that in a moment. I’ve long been amazed by Bashir’s brand of name-calling. He despises Republicans, we get it. But the highly personal nature of his assaults, while delivered in an erudite British accent, stands out even by