Showing posts with label Obama. Show all posts
Showing posts with label Obama. Show all posts

Friday, October 29, 2010

The re-election of Obama plan would be devaluation of the dollar?

Will be President Obama be re-elected in 2012, if his party suffered a crushing defeat at mid-term? His political team likes to point to the example of Ronald Reagan. Congressional Republicans were repressed in divide in 1982, but the worse crossed victory in two years later.

Of course, "Morning in America" scenario is based on a rapid economic recovery.Unemployment fell by 10.8% in November 1982 at 7.2% in November 1984.La GDP growth was 4.5 percent in 1983 and 7.2 per cent in 1984.

But most economic forecasts provide such growth in the near future of America.More likely is the trend growth - about 3 per cent or step - with unemployment still 8% at the end of 2012.Au better, these figures suggest a very close contest the présidentiel.Et polls show that the President will have a difficult time still win these wealthy States electoral-vote in Ohio, Michigan, Florida, Indiana, Pennsylvania, Wisconsin, and North Carolina.

Obama could try to emulate Reagan by offering a massive tax cuts, but that seems unlikely given belief that America is undertaxed now administration.

But there is another way, although it is extremely risqué.Une history of Bloomberg, with a simulation run by macroeconomic advisers predicts a decline of 10% of the dollar in the first six months of next year would do the following:

1 Gross domestic product increase more than database company focused on St. Louis forecast for the next year, 4.8% by 1.1 percentage point.

2. In 2012 the growth of 5.7 per cent exceeds baseline provides 1.3 percentage points.

3 Unemployment will fall to 7% at the end of 2012, 1.4 points lower than forecast company database.

There you go, Morning in America II, through the weakness of the dollar - except of course the dollar began to plunge out of control, stimulate inflation and creating a panic.

The Secretary of the Treasury Timothy Geithner, said that he supports a strong - dollar - even if he wants to weaken vs yuan, but the White House political team shared this point of view? and what Ben Bernanke? here are some interesting recent history of Reuters:

While US Secretary of the Treasury Timothy Geithner said that the United States supported a strong at the g-20 dollar meeting, there were a few takers for this."It is one thing for the Treasury to say that, but then the"Fed holds all ammunition and when it is set to print more"silver, the dollar will remain a currency weakened," said JaneFoley, superior to currency strategist Rabobank.

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Washington Extra - deserve to Obama, Stewart, Palin and baseball

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jonIt is unclear to me if appearing on “The Daily Show” will have done much for President Barack Obama’s ratings. But it doesn’t seem to have helped Jon Stewart’s much. Nielsen data just in shows last night’s episode attracted 2.8 million viewers (minus TiVo data), compared to the show’s average of roughly 3.6 million an episode. Not sure if it says much about the president, except that people probably watch the Daily Show for Jon Stewart, not for his guests. Or maybe they were just watching the World Series.

That said, I suspect Sarah Palin would draw higher ratings if she ever graced Stewart’s studio. Instead, the former vice presidential candidate will be on air on Entertainment Tonight this evening. Asked bluntly if she planned to run for president, Palin said she would take a look at the lay of the land, to see if there was anyone else with the “common sense, conservative, pro-Constitution passion” she believes in.

If so, they would get her wholehearted support. If not: “if there’s nobody else to do it, then of course I would believe that?we should do this.” As our blogger Toby Zakaria observed, it may come down to a definition of “nobody”, because there is of course likely to be a healthy Republican field, many of whom may indeed share that passion.

Finally, an interesting poll from long-time Democratic pollster Doug Schoen via US News and World Report. The highlights: more voters think George W. Bush was a better president than Obama than the other way around. And a majority think the president does not deserve a second term.

Ironically, of course, he might still get one. Half of the voters surveyed wanted a third party in American politics, and, even now, in the depth of his midterm blues, Obama might still win a three-way race. In a contest between Obama, Republican Mitt Romney and Palin, for example, Obama would sneak through with 40 percent of voters, ahead of Romney with 32 percent and Palin with 17.

Here are our top stories from Washington today…

US election ads turn personal — and brutal

It’s nasty out there, with U.S. political candidates and outside groups flooding the airwaves with brutal and increasingly personal attacks calling their opponents cheats, liars and kooks — or worse.

For more on this story by John Whitesides,? read here.

Republican win could revive U.S. trade deals

Three long-delayed trade agreements with South Korea, Panama and Colombia could jump to the top of the U.S. congressional agenda if Republicans win control of the House of Representatives next week.

For more on this story by Doug Palmer, read here.

‘Bringing home bacon’ may not work this election

The Obama administration is sending more than $3 billion in infrastructure grants to U.S. states this month and announced most of the awards just days before the mid-terms. But the bipartisan tradition of “bringing home the bacon” to boost incumbents’ popularity may not have the same impact as voters profess antipathy toward government spending.

For more of this story by Lisa Lambert and John Crawley, read here.

Tea Party groundswell signals challenges to Fed

Tea Party members have lambasted the Fed for its unprecedented and aggressive steps to bolster the economy in the wake of the 2007-2009 financial crisis, saying the moves have exposed a lack of accountability and raise the risk of damaging inflation down the road. Efforts to submit the Fed’s monetary policy decisions to congressional review or to give Congress say in appointing officials at regional Fed banks could gain fresh momentum if Republicans win big.

For more of this story by Mark Felsenthal, read here.

BP, Halliburton ignored Macondo cement flaws-panel

BP and Halliburton, the contractor who cemented the blown-out Macondo well, ignored cement design flaws weeks before the disaster that sparked the worst U.S. offshore oil spill, a White House panel said. Both Halliburton and BP were aware of flaws in the cement slurry, similar to the one used to seal the well, as early as March 8. Shares in Halliburton fell sharply after the report’s release.

For more of this story by Chris Baltimore, read here.

Regulators, watchdogs second guess ratings reform

Banks and regulators are urging Congress to scale back a ban on the use of widely criticized credit raters to assess the risk of securities and investments on bank’s books, at least until a better alternative is developed. In a rare moment of agreement over the new U.S. financial reform law, some consumer advocates say banks have a point.

For more of this analysis story by Dave Clarke, read here.

Republicans may revamp US energy policy

After raising a ruckus on the campaign trail about the “Cap and Tax” energy policies of the Obama Administration, Republicans will want to move away from renewable energy and boost traditional energy sources if they win big next week. But they won’t be able to push too hard.

For some scenarios on how a Republican win could affect energy policy read here.

Obama to push trade, currency issues in India visit

The stakes on trade are high for President Obama’s trip to India in November as the United States and India need each other to meet ambitious export targets amid a sluggish U.S. economic recovery, yawning trade deficits with China and fears of global imbalances sparking a standoff. On the issue of global economic imbalances that have raised fears of currency wars, India and the United States often differ.

For more of this analysis by Matthias Williams and Doug Palmer, read here.

U.S. jobless claims fall to three-month low

New claims for unemployment benefits unexpectedly fell last week to a three-month low but the underlying trend still points to labor market stagnation. The data, however, will likely carry little weight at the Federal Reserve’s policy meeting on Tuesday and Wednesday, where further monetary stimulus for the sluggish economy is expected.

For more of this story by Lucia Mutikani, read here.

US Senate leader Reid faces possible historic loss

Harry Reid, a key ally to President Barack Obama, is in danger in Tuesday’s election of becoming the first U.S. Senate majority leader in 58 years to be booted out of office by home-state voters. A Reid defeat — to a favorite of the anti-establishment Tea Party movement — would be a repudiation of President Obama, who made several trips to Nevada to try to bail out his fellow Democrat.

For more of this story by Thomas Ferraro, read here.

Britain urges U.S. to take down extremist websites

Britain has called on the United States to take down websites used by extremists and urged more concerted action to thwart militant threats before resorting to war. Britain’s security minister, in remarks delivered in Washington, voiced concern about permitting websites used by extremists such as the preacher Anwar al Awlaqi to recruit anti-Western forces. “The websites in which feature his terrorist message would categorically not be allowed in the UK,” she said. “If they were hosted in the UK they would be taken down.”

For more of this story by Jim Wolf, read here.

What we are blogging…

Schwarzenegger sours on politics; eyes memoirs, movies?

Memoirs, maybe movies, but no political office. That’s what the immediate future holds for California Governor Arnold Schwarzenegger, who’s leaving office in January. “Politics destroys everybody,” he said in an “ABC World News” interview on Wednesday.

For JoAnne Allen’s full post, read here.

Palin for President? Someone’s gotta do it

Former Republican vice presidential candidate Sarah Palin, who has been stirring the pot this year with her backing for Tea Party candidates for the midterm elections, has been?hard to pin down on whether she plans to run for president in 2012. Until now. If no one else wants to do it, Sarah Palin says she would step in.

For Tabassum Zakaria’s full post, read here.

From elsewhere…

Nepal firm takes high speed Internet to Mt Everest

A private telecom firm took high speed Internet facilities to the top of the world on Thursday when it launched Nepal’s first 3G services at the base camp of Mount Everest.

The installation could help the tens of thousands of mountain climbers and trekkers who visit the Mount Everest region every year.

For more of this story, read here.

For more stories from our Washington correspondents visit www.reuters.com and stay informed.

Photo Credit: REUTERS/Jim Young (Obama with Stewart on the Daily Show)

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Wednesday, October 27, 2010

Obama has voted…

October 26, 2010 05: 10 pm EDT

President Barack Obama completed absentee vote in the Senate races and the Governor of Illinois ballot.

And… drumroll please… that he had voted in favour of democracy.

OBAMA/"He comes to vote absentee in the West Wing," White House spokesman Robert Gibbs disclosed."I know that he had voted for, to the Governor and the Senate from Illinois - the two Democratic candidates who I think will win," he said.

Average RealClearPolitics surveys, both of these candidates are candidate républicain.Dans Illinois Senate race old seat Obama, Democrat Alexi Giannoulias end Republican Mark Kirk by approximately 2 percentage b.c points' is one of the main breeds is to be looked at to see if Republicans can take control of the Senate.

In the race for the Governor of Illinois, the Democratic Governor Pat Quinn is Republican Bill Brady with an average of 3.5 points RCP.

Illinois is one of the stops on final campaign push Obama weekend prior to the election of the next Tuesday.

And what about the election night?

Gibbs, said the President is not one to stay glued to the TV, but it will be in residence in the White House or the West Wing as the results.

Photo credit: Reuters/Kevin Lamarque (Obama rally in Providence)

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Tuesday, October 26, 2010

Rhode Island Democrat said Obama can "coarse" non-visa

Some bad words for a Democrat in Rhode Island for President Barack Obama, which is scheduled to visit the State later today.

Frank Caprio, the Democrat running for Governor of Rhode Island, is angry Obama and not afraid to let everyone know.

USA/According to him, that he had learned from reporter last night that Obama does not intend to approve its application against independent Lincoln Chafee, a former Republican Senator who endorsed Obama on Republican John McCain in 2008.?

Caprio unloaded on WPRO-AM and you can hear the full interview on radio station Web site.

"I have never asked the Obama President for his approval.""And what was going on here is really the worst sound political Insider Washington," he says.

"He could take his approval and really rude as I fear," said Caprio.

He criticized the Obama to do step attention in Rhode Island after damaging floods earlier this year.

"There we ignored him and now he entered into Rhode Island treat us as a one-stop automatique.donc, I want to say to President Obama very clearly is wearing a badge of honor as a badge of courage that he does not want to consider me to be a Democrat, because I'm a different type of Democrat, I am fighting for major changes in the State, I will fight for jobs every day,"said Caprio. "

React to the White House, said Sunday that Obama would not be an endorsement of the race of Rhode Island to visit today.

RealClearPolitics public opinion polls mean shows Caprio leading opponents of 1.7 percentage points.

For other news election Reuters 2010, click here.

Photo credit: Reuters/Brian Snyder (man uses the boat to the residents of ferries and supplies in the West, Rhode Island, April floods)

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Sunday, October 24, 2010

No more Mr. Nice, Republican Guy sets sights on the Obama energy Czar

October 22, 2010 13: 48 EDT

Michigan Republican Upton Fred is known as a moderate who disappointed in many conservatives vote Democrat majority on key issues, including automobile manufacturers taxpayer bailout to the United States.USA/

But wait no more than Guy Nice if Republican m. earn roughly November 2 and he became Chairman of the House Energy and commerce Committee.

Upton has a list of success of the White House policy plans to study starting in the energy White House adviser Carol Browner tsars.

Upton was posted to assign to the Chair of the Committee and powerful energy.Its staff has distributed a "Politico" interview in which he stated his intention to investigate "Toxic President Barack Obama regulations" and the role of policies 'Czars' in the White House, including Browner.

"If we have the gavel, I you surveillance Sub-Committee will be very busy" Upton said, adding that Browner can expect frequent invitations to testify.

"We will have a seat reserved for it," he said.

Head of the Environmental Protection Agency Lisa Jackson also likely on the sellette.Républicains see EPA and its efforts to combat climate change as a good example of scope and anti-business government regulation.

Photo credits: REUTERS/document (energy White House adviser listens Carol Browner General Motors Ed Welburn talk car electric Cadillac concept), REUTERS/Steve Carrera (Councillor Carol Browner, President of Barack Obama and EPA Chief Lisa Jackson energy White House Press Conference)

For more Reuters news political click here: http://www.reuters.com/news/politics

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Saturday, October 23, 2010

Why a Latte Ovaltine with this Mr. Obama donut?

October 21, 2010 14: 32 EDT

Try to get out the vote for Democrats might lose one or both houses of Congress on November 2, President Barack Obama is paid with "almost" campaign 2008 recalls visit cafes and works rope lines.

USA/ For a tour of the five-State Western Obama began his morning Thursday with a stop at the "Top Pot" donut shop in Seattle, which featured such delectables Ovaltine Latte, glazed honey pastries and doughnuts.

"Hi guys.Comment are you?Well, see you "Obama said servers prior to placing an order for two dozen doughnuts which he shared with his staff and travel journalists."(Those who sampled have given them rave).

In the store with floor to ceiling bookshelves, patrons broken Obama photos and it has ensured shake each hand, as he toured with Senator Patty Murray, a Democrat who is in a difficult against Republican Dino Rossi for the seat of the Senate of Washington.Un State customers race pass from a "hello" Bo, the first family dog.

At the stop ring Obama held contained within a "Town Hall-style" garden with especially the electors at the home of Seattle's Erik and Cynnie Foss event.
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With an "enthusiasm gap" perception pollsters see supporting Republicans, responsible for say White House their goal in these cases is to energize supporters and remind voter.Ils see an event of high visibility by Obama as useful in this effort, especially in the States as the State of Washington and California, where he remains popular despite slipping nationally rated congressional election.
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Campaign swing Obama taken to Oregon on Wednesday and will include stops in California, Nevada and Minnesota .c ' is his latest tour extended prior to the day of voting, although it provides visit Rhode Island next Monday, and then the campaign in some States still to announced at the end of last week.

Photo credit: Reuters/Kevin Lamarque (Obama restaurants a ring on the appeal of Seattle)

For other news election Reuters, click here

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Tuesday, October 19, 2010

Washington Extra - with better these myths Obama (or not)

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Our top story today (at least according to readers of Reuters.com):? President Barack Obama is to appear on “Mythbusters”, a television series that uses science to separate fact from fiction. It is part of a White House effort to highlight the importance of science, math and engineering, as experts warn that low interest in these subjects could damage America’s global competitiveness.

Among the myths the program has tackled before:

What’s worse, having an empty beer bottle smashed over your head or a full one?

Can a sniffer dog be thrown off the scent using household items?

USA/A myth Obama will help debunk:

The 2,000-year-old story that Greek mathematician and engineer Archimedes set fire to an invading Roman fleet using a system of mirrors to focus the sun’s rays.

Myths that Obama might wish he was debunking:

The president was not born in the United States

The economic stimulus plan failed to create any jobs

The president is a Muslim

Healthcare reform was an attempt to impose socialism by the back door.

The president is a communist.

And finally, one the president has arguably already debunked:

Obama can change the way Washington works.

Here are our (other) top stories from Washington today…

Midterm election weighs on Obama’s foreign policy

With the public fixated on high unemployment and a sputtering economy, and the 2012 presidential race approaching, President Obama is likely to keep his focus where the votes are — on domestic priorities. While predecessors have used foreign policy to stay relevant when stymied by a hostile Congress, Obama can hardly afford to be distracted from bread-and-butter issues. “The notion that somehow he’s going to earn his Nobel Peace Prize in the last two years of his term is not very realistic,” said James Carafano of conservative think tank the Heritage Foundation.

For more of this analysis by Matt Spetalnick, read here.

Obama seeks to rekindle enthusiasm of 2008 campaign

President Obama sought to recapture the magic of his 2008 campaign, holding a large open-air rally in Ohio to help struggling Democratic candidates in the Midwestern state. “Everybody said ‘No, you can’t,’ and in 2008 you showed them, ‘Yes, we can,’” Obama told a cheering crowd of 35,000 people at Ohio State University. But he acknowledged Democrats faced a tough fight.

For more of this story by Caren Bohan, read here.

U.S. regulators press banks over foreclosures

Regulators said they were advancing probes of major banks in the foreclosure crisis and want to determine whether shoddy practices caused some people to be kicked out of their homes. Stocks rose, led by gains in financial firms, as Citigroup reported stronger-than-expected profits. Bank shares were down last week on worries profits could be hurt by investigations of potentially faulty foreclosure paperwork.

For more of this story by Dave Clarke, read here.?

Industrial output falls, monetary easing seen

U.S. industrial output shrank last month for the first time in more than a year, a sign the economy was in a slow growth rut that appears certain to lead to more monetary stimulus from the Federal Reserve. “The industrial production report illustrates, if anything, economic growth is still slowing rather than beginning to pick up again, which is yet another reason for the Fed to unleash QE2,” said one analyst.

For more of this story by Lucia Mutikani, read here.

Auto safety proposals dim in political upheaval

Automakers are counting on political upheaval in Washington to bury proposed changes in safety regulation born out of congressional scrutiny of Toyota Motor Corp. Car companies have raised enough questions about what they view as burdensome new regulation to slow safety bills pushed by Democrats. Now they hope expected gains by more business-friendly Republicans in November, and the fading memory of unintended acceleration in some Toyota and Lexus models, will effectively kill sweeping proposals that include exponentially higher fines and new government recall powers.

For more of this story by John Crawley, read here.

US won’t rubber stamp offshore oil permits-official

The U.S. offshore drilling agency will not become a “permitting mill” now that its deepwater drilling moratorium has been lifted, Michael Bromwich, head of the Bureau of Ocean Energy Management, wrote in an op-ed posted on CNN’s website. But he also blasted critics who have complained permitting delays will hamper offshore oil development.

For more of this story by Ayesha Rascoe, read here.?

U.S. Justice Dept sues Michigan Blue Cross

The Justice Department has filed a lawsuit against Blue Cross Blue Shield of Michigan, accusing it of violating antitrust law by negotiating contracts with hospitals that bar the hospitals from giving Blue Cross’ rivals a better deal.

For more of this story by Diane Bartz, read here.

What we are blogging…

The chill of the Chandra Levy murder trial

The Washington summer of Chandra Levy?seems to belong to another era — one where a missing government intern and a straying congressman dominated headlines and chatter in the U.S. capital. It was the summer of 2001. Monday saw the start of jury selection in the trial of?Ingmar Guandique in Levy’s murder, a trial expected to last five weeks.

For Deborah Zabarenko’s full post, click here.

From elsewhere…

Japan recruits foreigners to improve its travel advice

Japan is planning to recruit dozens of foreigners to visit the country and give advice on how to make things more travel-friendly for non-Japanese-speaking visitors as it aims for higher tourist numbers.”What we hear is that there really isn’t enough information on things like how to buy train tickets, or how to use the baths in traditional Japanese inns,” said one official.

For more of this story, read here.

Photo credit: Reuters/Kevin Lamarque (Obama at White House Science Fair)?

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