Whatever the resolution to the Republican hostage-taking of the U.S. debt ceiling, it's becoming increasingly clear it will a painful one. Failure to boost the $14.3 trillion limit by August 2nd, as even some of the GOP extortionists are only now beginning to understand, would produce what Speaker John Boehner admitted would be "a financial […]
Category: Obama Admin.
President Obama Addresses the Nation on the Debt Ceiling* (As Prepared for Delivery, July 1, 2011.) My fellow Americans, I want to speak to you today about a matter of the greatest national urgency. We face a crisis unique in our history. This threat comes not from a foreign foe or bloodthirsty terrorists, but is […]
Say what you will about the President's Afghan strategy, but if nothing else, Barack Obama has been consistent. Having criticized the Bush administration for diverting badly needed resources to fight the wrong war in Iraq, candidate Obama promised to dramatically increase U.S. troop strength and to strike unilaterally in Pakistan to eliminate Osama Bin Laden […]
Just two weeks after he seconded Treasury Secretary Tim Geithner's dire warnings about the August 2 deadline to raise the U.S debt ceiling, House Majority Leader Eric Cantor walked out of the budget talks aimed at reaching a bipartisan compromise over deficit reduction. Like Arizona GOP Senator Jon Kyl, Cantor shifted the burden to Speaker […]
Bolstered by new polls and fresh off their vote to bar an increase in the nation's $14.3 trillion debt ceiling, House Republicans swaggered into the White House for the latest negotiation to end their economic hostage taking. One, Rep. Jeff Landry of Louisiana, refused to attend and be "lectured to by a president whose failed […]
Last week, President Obama endured a firestorm of criticism for stating, as President Bush did before him, the by now obvious contours of an Israeli-Palestinian peace agreement. But largely overlooked in his addresses at the State Department and to AIPAC was Obama's assertion that "the status quo is unsustainable." Sadly, Benjamin Netanyahu couldn't disagree more. […]
As Jake Tapper explained on ABC World News Thursday night, the Republican response to President Obama's statements regarding the Israeli-Palestinian peace process was "much ado about nothing." After all, U.S. policy under both Presidents Bush and Clinton was largely identical to Obama's assertion that "the borders of Israel and Palestine should be based on the […]
The presence of Grammy-winning rapper Common at a White House poetry event last night brought frothing-at-the-mouth conservatives to brink of broken blood vessels. While Fox News ran special segments on "The Invitation," employee Sarah Palin complained, "It's just so lacking of class and decency and all that's good about America." Of course, the right-wing chattering […]
While all eyes this week were focused on the killing of Osama Bin Laden in Pakistan, back in Washington Vice President Biden met with Democratic and Republican budget negotiators in search of a compromise to reduce the U.S. national debt. As it turns out, the two events are related. Because almost 10 years after President […]
This week, House Ways and Means Committee Chairman Dave Camp (R-MI) admitted that the Republican effort to repeal the 2010 health care law is "dead." But while all eyes are now focused on the lawsuit by 26 states to overturn the law and its individual insurance mandate, hundreds of thousands of Americans are already getting […]