President Obama’s speech to the Congressional Black Caucus (CBC) this weekend was another rallying cry to pass his new jobs bill. Meanwhile, the country is losing faith in the “hope and change” people voted for less than four years ago. Some CBC members were upset with Obama after he told them to “stop complaining” about the country’s bad economic situation and high unemployment rates. The African-American unemployment rate stands at 16.7 percent—a 27-year high that is up 11.5 percent since Obama took office, according to the Bureau of Labor Statistics. …
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe The Great $16 Muffin Myth – Kevin Drum, Mother Jones Global Meltdown: Investors Are Dumping Nearly Everything – Patti Domm, CNBC US walks out as Iran delivers anti-US speech – Edith M. Lederer, Associated Press Boehner: ‘There’s no threat of a government shutdown’ – Nicholas Ballasy, The Daily Caller Bill Clinton: Obama’s Approach to the Deficit is ‘A Little Confusing’ – Real Clear Politics Census: Recession takes big toll on …
During the past week, the U.S. and Colombia indicted and arrested more than 50 individuals charged with organizing maritime and aerial smuggling of cocaine from Colombia to the U.S. via Central America and Mexico. The arrests again reflect the sustained nature of close law enforcement cooperation between the U.S. and Colombia. This cooperation has been nurtured patiently over more than a decade. By stark contrast, cooperation between Washington and Mexico has been harmed as a result of Operation Fast and Furious, the botched law enforcement operation that allowed more than …
President Obama plans a big jobs announcement—right after he finishes his vacation in Martha’s Vineyard. Expect him to say that green jobs are the key to recovery—that they will generate millions of jobs and a new era of prosperity. Oh, you’ve already heard that one? So has everyone else. Even The New York Times has begun to debunk Obama’s claim, headlining, “Number of Green Jobs Fails to Live Up to Promises.” Obama’s claim is getting quite old and quite expensive, but remains just as false as ever. If Congress’ “super-committee” …
The Obama Administration, which has been tragically slow to condemn President Bashar al-Assad’s violent repression of peaceful demonstrators and call for his resignation, finally took action to do so yesterday. After muting its criticism of Assad’s serial mass murders of his own people for five months, the White House released a statement that ratcheted up sanctions on Syria’s dictatorship and called for Assad to step down. Since protests erupted in March, the Assad regime has killed more than 1,800 Syrians and jailed more than 10,000 in a brutal crackdown against …
Yesterday, the White House announced that President Obama would once again be giving a “major jobs speech” in September after his Martha’s Vineyard vacation. If spending three years delivering identical speeches created jobs, President Obama would be taking credit for 4% unemployment today. Alas, they do not. In fact, President Obama has given many “major“ speeches and addresses on jobs since taking office. While some news organizations treated this announcement as “breaking news” yesterday, it is unfortunately more of the same from a President who is long on speeches and short …
Good news: At the end of July, the federal government announced it will not be implementing President Obama’s spread-the-wealth “Supplemental Poverty Measure.” The Census Bureau reported: Since the FY 2011 federal budget did not include the funding requested by the President for the Supplemental Poverty Measure (SPM) initiative, the Census Bureau and the Bureau of Labor Statistics do not currently have the resources necessary to move the Supplemental Poverty Measure from research mode to production mode. The proposed measure would have resulted in a major reconstruction of the definition of …
The U.S. State Department appears to be preempting and diluting the Senate’s Sergei Magnitsky Rule of Law Accountability Act of 2011 (S. 1039) by placing some Russian officials on a visa blacklist. Last week, the State Department placed some 64 Russian officials on a visa blacklist that would prevent them from entering the United States. These Russian prosecutors and policemen all played a role in the death of lawyer Sergei Magnitsky, the most famous whistleblower in post-communist Russian history. Moscow’s position is as revealing as it is mind-boggling: It is …
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Russian ‘reset’ malfunction – Ariel Cohen How Obama can get re-elected: Act like Reagan – Neil Reynolds After $65 billion, Fannie and Freddie want more of your money – Abby W. Schachter Federal Reserve to Markets: You’re On Your Own Now – Elizabeth MacDonald Obamacare Hides $50 Billion in Annual Costs – Tom O’Connell Sweden: Wealth Management In A “Social Democracy” – Max Skjönsberg Wisconsin GOP ‘Darling’ Deals Democrats a Blow …
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. House forces pro-forma sessions to avoid recess appointments – Pete Kasperowicz The dead remain on Wisconsin voter list – M.D. Kittle Twitter’s ‘Who to Follow’ List Overwhelmingly Promotes Liberal Pundits, Media Outlets – Aubrey Vaughan Another View: Drastic solutions needed for permanent debt fix – William Beach U.N. subsidies: Get the ax – Tribune-Review An unintended consequence of the debt deal? Obamacare cuts could come – Tina Korbe What’s Ailing Wall …
