Obama Campaign Borrows $15M from Bank of America

Warren Buffett invested $5B in BofA last year

Obama For America took out a $15 million loan from Bank of America last month, according to the campaign’s October monthly FEC report. The loan was incurred on September 4 and is due November 14, eight days after the election. OFA received an interest rate of 2.5% plus the current Libor rate.

Warren Buffett, Obama donor and namesake of the infamous “Buffett Rule,” invested $5 billion in Bank of America last year in an effort to help the ailing financial institution. Last month, two weeks after OFA took out the loan, Bank of America announced a plan that would lay off 16,000 workers by the end of the year.

Obama has a complicated relationship with Bank of America. The bank contributed $20 million toward the cost of the Democrat National Convention earlier this year. Bank of America stadium, home to the Carolina Panthers, was supposed to host Obama’s acceptance speech. At the last moment, the campaign switched to a significantly smaller venue. The campaign claimed that an impending storm would not allow the President to deliver his address. Many questioned whether move was made because the campaign was having trouble filling such a large stadium.

It is unclear why the first $1 billion campaign needed an extra $15 million for the final two months of the campaign.

Via: WFB

Continue Reading...

Morning Jay: Politics and the Gallup Poll

Since about the beginning of President Obama’s tenure, the Gallup poll has generally been one of the least positive polls for the Democratic party. This has prompted outrage and pressure from the left--even from presidential advisor David Axelrod.

Over the summer Mark Blumenthal of Huffington Post wrote a critique of Gallup’s daily presidential job approval poll. The point of which was that Gallup was over-sampling whites and thus understating President Obama’s position in the adult population. I responded by arguing that Blumenthal’s case was underdeveloped and less-than-met-the-eye, and that was basically where things stood.

Until, that is, this week. President Obama enjoyed a bounce in his Gallup job approval number after the Democratic National Convention, as was to be expected, but there was a twist: it did not disappear. And while Gallup on average had found Obama’s job approval around 47 percent with adults through most of 2012, for the last five weeks it has been regularly above 50 percent. Yesterday, it stood at 53 percent, a number we have not really seen since 2009.

Via: Weekly Standard

Continue Reading...

FOX NEWS DRAWS RECORD NUMBERS FOR DEBATE, 67.2 MILLION WATCH OVERALL

While the rest of the media seethes of Mitt Romney’s big win last night, Fox News – the most fair and balanced news network -- can bask in the glow of high ratings. During the presidential debate, Fox News drew 10.4 million viewers, with about 3 million in the coveted 25-54 demographic. That was Fox News’ highest-rated debate ever. CNN came in second, at 6 million viewers; MSNBC brought up the rear, with Chris Matthews’ leg-tingling performance drawing a mere 4.7 million. Each of the three broadcast networks garnered approximately 10 million viewers.

Overall, this was by far the most-watched event of the 2012 campaign cycle, with a grand total of approximately 58 million viewers. Barack Obama’s speech at the Democratic National Convention, by contrast, drew 35.7 million viewers. Mitt Romney’s at the Republican National Convention drew 30.3 million viewers.

Update: Nielsen has released final numbers for last night. 67.2 million people watched the debate. That's an increase of almost 15 million viewers over the first presidential debate in 2008, which scored 52.4 million viewers. And then CNN just replayed the debate today.

Update II: Nielsen has now released full numbers. Here are the network numbers:

ABC: 11.25 million total viewers

NBC: 11.07 million total viewers

CBS: 10.58 million total viewers

Fox: 6.89 million total viewers

Via: Breitbart

Continue Reading...

Democrats running country off road into the ditch, Just Like They Run The Country

A few weeks ago, as I sat in front of my TV watching the three ring circus, otherwise known as the Democratic National Convention, I couldn’t help but think: The democrats were running their convention much as they have tried to run the country.  They promptly ran it off the road and into a ditch.

They spent money they didn’t have.  They promised grandiose and splendid events that did not happen.  They planned a bodacious speaking event in a humongous area which would seat upwards of seventy thousand persons, only to realize they were not going to have enough people interested in what their candidate for President had to say to come anywhere near to filling up that stadium.

To TRY to save face, they announced the event would be moved to a much smaller venue which would seat only twenty thousand persons. That’s about a third of the crowd they had promised the media would be in fawning attendance to listen rapturously to their Messiah—Barack Hussein Obama. 

Of course, they spent money as if there were no tomorrow and—quickly ran out of funds.

They railed against Big Business and Corporate America while standing on a stage in a convention hall that had been paid for by one of the largest corporations in America.  Talk about hypocrisy! 

They removed any mention of God from their party platform and then refused to recognize Jerusalem as the capital of the State of Israel only to be forced to return that language on “orders,” we are told, from President Obama.

Those who presented speeches seemed to all hail from the far left of their party, which indicated they had written off the independent voters and were hell-bent on trying to overcome the GOP with only their base consisting of minority and special interest groups.

And they lied ... a LOT!  Even when the truth was shown and heard over and over on video tape and on audio tape.  They lied when they did not have to lie.

In an article by Alan Caruba entitled: “The DNC’s Orgy of Lies and Hypocrisy”  Mr. Caruba said:  “So far there is little to be believed in the course of the Democratic Party convention. It is a great concoction of half-truths, distortions, and outright lies. The hypocrisy fills the convention hall like the musk of a dead, decaying animal corpse.” 

Via: Canada Free Press

Continue Reading...

Phantom Savings Obama’s debt-reduction plan is filled with gimmicks

President Barack Obama is repeating a debunked claim regarding his commitment to deficit reduction, one of the highest priority issues for voters this election cycle.

In a campaign video unveiled Wednesday, the president called for a “new economic patriotism” and touted his “balanced plan to reduce our deficit by $4 trillion over the next decade.”

The claim that Obama has a plan—in the form of his most recent budget proposal—to reduce the federal deficit by $4 trillion over 10 years has been a constant refrain from the president on the campaign trail, and has been echoed by his Democratic allies.

Former President Bill Clinton, for example, praised Obama’s “reasonable plan of $4 trillion in debt reduction over a decade” during his primetime speech at the Democratic National Convention in Charlotte, N.C.

However, as Glenn Kessler, the Washington Post’s in-house fact-checker,has made clear: “The repeated claim that Obama’s budget reduces the deficit by $4 trillion is simply not accurate.”

“Virtually no serious budget analyst agreed” with the Obama administration’s accounting with respect to the $4 trillion figure, Kessler found.

Independent experts panned the president’s budget for its “troubling” reliance on gimmicks and accounting tricks to inflate the magnitude of the savings being proposed.

Keith Hennessey, a former director of the National Economic Council, estimated the true value of Obama’s deficit reduction—minus these gimmicks—to be about $2.8 trillion, and called even that reduced figure a “generous” assessment.

The president’s budget, for instance, takes credit for about $1 trillion in spending cuts that were already signed into law in 2011, and should already be incorporated given that they fall outside the 10-year budget window.

The budget also includes another $800 billion in phantom savings related to the military drawdowns in Iraq and Afghanistan—money that would never have been spent to begin with—and another $800 billion in projected savings due to reduced interest payments on the debt, something not traditionally cited in federal budget documents as a form of government “spending” that can be “cut.”

Via: WFB

Continue Reading...

Dems in hock to SEIU-owned bank

Classic crony capitalism from the Democrats.

The Democratic National Committee (DNC) owes at least $8 million to a bank owned by one of the largest unions in the country, according to the committee's most recent financial report.

The DNC initiated an $8 million loan with the Amalgamated Bank of New York on Aug. 10, the report shows, accounting for the majority of the committee's overall debt of $11 million.

Amalgamated Bank, often described as "America's Labor Bank," is a national entity, the majority of which is owned by the Service Employees International Union (SEIU), a politically active union with deep ties to the Democratic Party. The SEIU is also involved with the Democracy Alliance, a shadowy group of wealthy left-wing donors founded by billionaire investor George Soros.

The bank announced in an August press release that the DNC had "moved its primary banking relationship" to Amalgamated Bank, which would handle the committee's "day-to-day banking needs."

The DNC had previously done most of its banking with Bank of America, which helped finance the Democratic convention in Charlotte.

DNC chairwoman Debbie Wasserman Schultz hailed the transition to Amalgamated Bank, and noted the longstanding political and financial ties between the two organizations.

The committee, she said, had a "fiduciary responsibility to those who invest in our party."

"It is critical that we honor their efforts to strengthen our infrastructure and build our organization by partnering with an institution that shares our commitment to standing with America's working families and small businesses," she said in a press release.

Via: American Thinker (BLOG)

Continue Reading...

LA CONFIDENTIAL: MAYOR VILLARAIGOSA COVERS UP $400M TAXPAYER BOONDOGGLE

Los Angeles Mayor Antonio Villaraigosa, who also ran the Democratic National Convention, has now embroiled himself in a scandal of epic proportions with taxpayer dollars. Villaraigosa and staff negotiated a deal with Anschutz Entertainment Group (AEG) to build a football stadium in downtown Los Angeles. The price tag for the taxpayers: almost $400 million in debt, supposedly to be repaid by AEG. The stadium will be built on land currently occupied by the Los Angeles Convention Center. Los Angeles, as you may recall, doesn’t have a football team.

Sounds like a typical stadium boondoggle.

Except that it turns out that AEG is being sold, which means that the group that will perform the contract with the City of Los Angeles is not the same as the group that negotiated the contract. Here’s where it gets truly ugly: Villaraigosa knew about the upcoming sale, and told nobody. He kept it a secret. He said nothing to Chief Legislative Analyst Gerry Miller and City Administrative Officer Miguel Santana. Members of the City Council, who will have to sign off on the deal, were kept in the dark, too.

“I’ve met with ... people who are looking to bring a football team. I'm not going to tell everybody everything we’re doing because we want a football team. And a lot of what happens here is, it’s got to be negotiated quietly,” said a frustrated Villaraigosa to the media.

Now, there is only one reason for Villaraigosa to hide the AEG sale from those who most needed to know about it. According to mayoral candidate Kevin James, that reason is simple: AEG received a sweetheart deal at taxpayer expense, which upped AEG’s sale price. Now the new buyers will have a great deal with the City of Los Angeles. And Villaraigosa will get to look like a hero for bringing the NFL to Los Angeles. Perfect for his gubernatorial run.

There’s something seriously fishy going on here. The details of the AEG deal must be examined closely, especially given the fact that Los Angeles already carries a $258 million deficit and a $27 billion unfunded pension liability.

But this is how Democrats do business. There’s a reason that Villaraigosa and Barack Obama are thick as thieves – when it comes to taxpayer dollars, they are thieves.

Via: Breitbart

Continue Reading...

The Fall of the House of Obama

"Madman!" screeched Roderick Usher to the narrator as they both recoiled in terror at the wraithlike apparition that faced them at the door in Edgar Allan Poe's "The Fall of the House of Usher."

"Madman!" he screamed again at the narrator of this tale of horror, who by this time had "perceived ... a full consciousness on the part of Usher of the tottering of his lofty reason upon her throne."

A sound conclusion this was, for Roderick Usher was insane.  His fevered imagination conjured images of fantastic dimensions, such as the living, breathing nature of the house his family had inhabited, as well as the room he painted -- ghoulish, subterranean, frightful, one in which "no outlet was observed in any portion of its vast extent, and no torch or other artificial source of light was discernible; yet a flood of intense rays rolled throughout, and bathed the whole in a ghastly and inappropriate splendor."  

It was, in short, a cavern inside a bubble concocted by one who has lost his connection to reality.  This was one who also accused his exalted visitor, the narrator of this story, of a condition from which he alone suffered -- madness.

Which of course brings to mind President Obama's re-election campaign themes, as well as those seen at the Democratic National Convention.  Take for instance accusations made against Mitt Romney for being somehow responsible for the death of a woman whose husband worked for a company for which Mr. Romney's responsibilities had ended seven years earlier.  Or consider the groundless accusation that Mr. Romney did not pay taxes for a decade or so, which generated further the charge that he is a felon and a liar.  Or take further the maniacal frothings of Democratic partisans who essentially accuse Republicans of being Nazis -- this from a party that constitutes the poster boy for the most statist, anti-free enterprise, and arrogant regime in American history.

Via: The American Thinker

Continue Reading...

Benjamin Netanyahu vs. Barack Obama

NO LOVE LOSS BETWEEN THEM

Earlier this year, U.S. and Israeli officials had informally agreed to stop airing their well-documented disagreements over how to halt Iran’s nuclear program, according to two people familiar with the situation.

But on Tuesday, Israeli Prime Minister Benjamin Netanyahu broke the tacit détente. He accused the Obama administration, albeit not by name, of going squishy on Tehran by not creating concrete benchmarks — “red lines,” he called them — for a military strike on Iranian nuclear facilities

.

The latest flare-up in the tempestuous Obama-Netanyahu relationship was overshadowed Wednesday by the carnage at the U.S. Consulate in Benghazi, Libya. But U.S. officials believe the intense debate over the allied response to Iran’s nuclear program — and the sharp personal, policy and political differences between the two leaders — rivals the perils posed by the excesses of the Arab Spring.

Diplomacy is, ultimately, about relationships. Obama and Netanyahu don’t really have one. And that’s created an odd and unwelcome rivalry among allies — a testy liberal-vs.-conservative chess match that mirrors Obama’s contest with Mitt Romney, who has known Netanyahu for years.

“There is a lack of rapport between these two men — they don’t like each other very much. Plus, there are serious differences between our interests and Israel’s own security interests,” said former State Department spokesman P.J. Crowley, who was present for several of Obama’s nine face-to-face meetings with Netanyahu.

“I don’t think that Netanyahu is trying to influence the outcome of our election, though a lot of people see it that way,” Crowley said. “It’s about agenda-setting. He just watched two conventions where Israel and Iran were mentioned, but not significantly discussed, even with the whole rigmarole [at the Democratic convention] about Jerusalem in the platform. He’s trying to get it onto the front burner.”

Via: Politico

Continue Reading...

Biden Dares ‘Fact Check Me’, Romney Campaign Obliges

Vice President Biden is doubling down on watchdog groups and others  who are saying he made misleading remarks in a speech earlier this week regarding the Romney-Ryan rescue plan for Medicare – daring reporters to “fact check me.”

Biden put down the challenge during a speech Saturday, after saying as he did during his acceptance speech Thursday at the Democratic National Convention that GOP presidential nominee Mitt Romney and running mate Rep. Paul Ryan’s plan would cut benefits immediately for 30 million seniors already collecting Medicare.

 “I say to the press, fact check me,” a smiling Biden said to applause at a rally in Zanesville, Ohio,

The Romney Campaign took up the challenge within hours.

“Today, Vice President Biden said that he should be fact checked, and we agree,” said Romney campaign spokeswoman Amanda Henneberg. “The vice president knowingly and deliberately leveled false and discredited attacks. This is further proof that the Obama Campaign is unable and unwilling to talk honestly or substantively about the most important issues driving the country."

"In an attempt to distract from President Obama’s failed record, including unemployment remaining over 8 percent, labor force participation falling to three-decade lows, and our national debt passing $16 trillion, Vice President Biden is once again advancing fabricated and disproven attacks on Mitt Romney and Paul Ryan," Henneberg added.

Biden's comment follows Romney pollster Neil Newhouse saying in late August, "We’re not going to let our campaign be dictated by fact-checkers.”

The Romney campaign also on Saturday released a statement with fact-checks on statements Biden made relating to Romney's tax and Medicare plans, and claims from Biden that Romney shipped jobs overseas.

Via: Fox News

Continue Reading...

Debbie Whatshername Schultz Declares There is a God…….

It was mass confusion at the Democrat National Convention this week as the Democrats struggled over the troubling issue as to whether they should recognize God in their platform.

After several voice votes—the outcome of which was anything but clear—the chairman slammed down his gavel and declared that the ayes have it and that, remarkably, God would be—if reluctantly—included in the party’s platform. And Hugh Betcha, Ace Reporter for Stoos Views International Media Conglomerate and Head of the Stoos Views Political Bureau—winner of the CNN Reporter of the Decade Award—was there.

Spotting Debbie Whatshername Schultz, Chairwoman of the National Democrat Party, Hugh thrust a microphone into her face and asked a question that was on the minds of many.

“Why the confusion over one little word? What was the problem with simply acknowledging a divine presence in the universe?” asked Hugh.

“Well, as a politically correct, secular humanist, socialist party who believes in the supremacy of Mankind, it is a little uncomfortable acknowledging there is a ‘God’ so to speak,” said Schultz. “Makes us sound like a bunch of religious zealots, you know.”

“What tipped the scale in favor of mentioning God?” Hugh inquired.
“Well, we decided we were mistaken. There is indeed a God after all,” replied the Chairwoman. “He is speaking to the convention tonight.”

Via: Canada Free Press

Continue Reading...

Obama Speech: Multiply Failure, Divide the Country

What has always amazed me about Democrat policies is that they feign outrage over the need to implement them, even though they have already been championed by both parties, and have produced negative results.  Government has already invested in crony capitalism and has already micro-managed every sector of the economy; from higher education to agriculture, health care, and energy.  Many of these policies have been supported by administrations and congresses controlled by both parties.  And they have driven up costs; not lowered them.  For goodness sake, that’s why we are still debating these problems decades after those very policies have been implemented.

Obama’s speech was the same stale central-planning and class warfare, not just from his older speeches, but from every Democrat speech this century.

Every line of the speech is not grounded in reality; it would take copious pages to rebut.  Here is just the policy side from some lines and the summary of his plan that was sent out to the media:

If you choose this path, we can cut our oil imports in half by 2020 and support more than 600,000 new jobs in natural gas alone.

So after 4 years of shutting down oil drilling, nuclear power, blocking the pipeline, and the war on coal, we will suddenly cut oil imports in half?  The sad thing is that Obama is not lying.  He will cut net imports in half; not by producing more oil, but by shutting down our economy and mandating the usage of ineffectual phantom fuels, such as ethanol, wood chips, switch grass, algae, and horse manure.

As for natural gas, we all know what he means.  He wants massive subsidies for an industry that is already booming.  In other words, he wants to double down on the T. Boone Pickens subsidies – a policy that Boone Pickens has already renounced.

We’ve opened millions of new acres for oil and gas exploration in the last three years, and we’ll open more.

Via: Red State

Continue Reading... 

Reporters Using ‘Fake Names’ to Buy Obama Campaign Merchandise at the DNC

CHARLOTTE, NC — Members of the media have apparently been using “fake” names to buy official Obama gear and contribute to the Obama campaign inside the Time Warner Cable Arena where the President is due to speak in a few minutes. During our travels around the arena, Politicker spotted a souvenir stand in one of the press stands selling T-shirts and buttons supporting President Barack Obama, “Democrats Are Hot” bumper stickers and other official Obama merchandise.

The souvenir stand was in a secure area only accessible to those with a media credential and buying campaign gear means contributing to the campaign, so we asked the woman working the cash register whether anyone at the press stand had been making purchases. Her answers were quite surprising. 

The woman working at the souvenir stand told us she hadn’t been “too busy” during the day, but had seen business pick up in the past half hour or so. She then asked us whether we wanted to buy anything. When we informed her that our status as a reporter means we don’t buy campaign gear, she suggested a strategy other members of the media have apparently used to pick up their Obama swag.

“Have you ever thought of making up a fake name? That’s what the other guys do,” she said.

Buying official merchandise at the DNC means making a donation the Obama campaign, an activity that is generally frowned upon for members of the media. The Obama campaign website specifically informs shoppers that purchases amount to donations in its “Frequently Asked Questions” section where one of the queries is, “Can I receive merchandise without making a donation?”

“The only way to receive items from the 2012 store is by contributing through the official store site at store.barackobama.com,” the site says.

Via: Politickar

Continue Reading...

Barack Obama to hail himself as the new Franklin D. Roosevelt: President promises 'bold, persistent' leadership like FDR during the Great Depression

President Barack Obama will tonight lay out his case for being re-elected to a second term by comparing himself to Franklin D. Roosevelt, who won an unprecedented three presidential elections and led America to recovery after the Great Depression.

He will say: 'And the truth is, it will take more than a few years for us to solve challenges that have built up over decades. It will require common effort, shared responsibility, and the kind of bold, persistent experimentation that Franklin Roosevelt pursued during the only crisis worse than this one.'

Obama will formally accept the Democratic presidential nomination, capping a week in which speeches from his wife Michelle Obama and Bill Clinton, the husband of his erstwhile rival, received widespread praise.

He will tell Americans: 'Our problems can be solved. Our challenges can be met. The path we offer may be harder, but it leads to a better place.'

Roosevelt dominated American politics for the 12 years of his presidency and beyond. He is commonly recognised as the greatest Democratic president and, along with George Washington and Abraham Lincoln, one of the three greatest American presidents.

Not only did he bring America out of the depression, he oversaw the introduction of the New Deal social programmes, laid the foundations for the United Nations and led the country in the Second World War after the Japanese bombing of Pearl Harbor, dying just when victory was in sight.

Excerpts from tonight's speech released in advance showed that Obama would attempt to frame the election not as a referendum on his four-year term, during which unemployment has risen to 8.3 per cent, leaving more than 23 million Americans out of work, but as a choice between him and Mitt Romney, the Republican nominee.

'On every issue, the choice you face won’t be just between two candidates or two parties,' he was due to say. 'It will be a choice between two different paths for America. A choice between two fundamentally different visions for the future.'

This November's election, he argued, will represent 'the clearest choice of any time in a generation' between two different visions.

Via: Mail OnLine

Continue Reading...

FIVE NC DELEGATES DITCH OBAMA NOMINATION VOTE

In a sign of how unpopular President Barack Obama is becoming in North Carolina, five North Carolina delegates did not show up to the Democratic National Convention to cast votes for Obama's nomination.

North Carolina cast 152 votes for Obama, despite having been awarded 157 delegates to the convention. 

North Carolina Democratic Party Chairman David Parker brushed off the missing votes and said the five missing votes merely reflected logistical mishaps. 

Parker said some of the delegates missed a breakfast and he "tried to run them down" throughout the day but could not track them down by the time North Carolina delegates had to cast their votes. 

Rep. Larry Kissell (D-NC) is one North Carolina Democrat who has stayed away from the DNC even though his district is less than a mile from where the convention is taking place because being associated with Obama hurts his reelection chances. According to theCharlotte-Observer, Republican staffers offered to drive Kissell to the convention this week. In addition, Democrats could not fill Bank of America Stadium for Obama's reelect, and moved Obama's speech on Thursday back indoors to a smaller venue to avoid embarrassment. 

And yet, Parker, the Democratic party chair in North Carolina, continued to downplay the fact that Democrats in North Carolina who were distancing themselves from Obama and the DNC reflected a lack of enthusiasm in North Carolina for Obama's reelection. 

Via: Breitbart

Continue Reading...

Will He or Won't He? Obama Faces Jobs Report Dilemma

Imagine you're Barack Obama, about to give the most important political speech of your presidency, and someone on your staff hands you one of the best pieces of economic news you've seen yet.

Getty Images A display on stage show U.S. President Barack Obama during preparations for the Democratic National Convention at Time Warner Cable Arena in Charlotte, North Carolina.

Trouble is, the information often is a major influence on the financial markets and is embargoed until the next morning.

Do you keep it to yourself — or do you at least drop enough hints that astute listeners can draw some logical and important conclusions?

That will be the dilemma the president faces today as he prepares to deliver his speech as the climactic event for this week'sDemocratic National Convention.

At some point this afternoon, the White House will know the gist of what's in the Labor Department's nonfarm payrolls report that reveals the national unemployment rate (learn more), but which the public will not see until 8:30 am ET Friday.

Wall Street was abuzz Thursday with speculation of whether Obama's remarks might deliver a hint of what's to come, particularly since the day's news indicated that the report could be a good deal better than the meager 125,000 job growth number that economists had expected.

"Normally I'm dismissive of those kinds of speculations about advance information in the employment report, but this is actually one of those instances where everything you said is true," said David Resler, chief economist at Nomura Securities in New York.

"Let's suppose we had a bigger-than-expected increase in payrolls. Would he allude to that?" he continued. "That's as much about getting into the psychology of the man as it is the facts at hand."

Via: CNBC

Continue Reading...

Mr. Bill: 'Who You Gonna Believe, Me Or Your Lying Eyes'?

When a bull or a bucking bronc rider at a rodeo gets thrown from the saddle, out comes the rodeo clown to distract both the animal and the audience while the fallen rider is pulled to safety.

Bill Clinton's speech last night was something like that. After a disastrous day and an excruciatingly shrill, boring evening, Mr. Bill jumped into the arena to try and save the show, and no one can say he didn't do his level best. Even when you realized what he was saying was chock full of misstatements, half truths and a devious agenda of his own, you had to admire his showmanship, his delivery and his ability to play the Charlotte crowd like Jimi Hendrix mauling a stratocaster.

His only fault from a performance standpoint is that he went on far to long, speaking on past 11 PM, tiring the crowd and probably losing a decent portion of the TV audience before the last coda and the boffo finish.  But then, Mr. Bill was always overfond of the sound of his own voice. 

Bill Clinton had a few tasks Wednesday night, and he certainly succeeded with his target audience at the DNC, if perhaps not so much with the rest of the world. First, he had to make a case for Barack Obama, a man he doesn't particularly care for but whom he's bound to support as a loyal party warrior because he wants the same people he was speaking to tonight to support Hillary Clinton in 2016. 

For that matter, this had the aura of a business transaction because, as the New Yorker's Ryan Lizza revealed, part of the price for Bill Clinton getting involved was Barack Obama finally fulfilling a promise he made to the Clintons back in 2008, to pay off Hillary's quarter million dollar campaign debt from the primaries she incurred that year.

For his own purposes he wanted to remind Democrats and the country at large of how good things were economically under the Clintons to pave the for a Hillary candidacy in 2016, something the Obama Campaign is more or less forced to go along with because of President Obama's own abysmal record. 

Via: American Thinker

Continue Reading...

GOP Demands Obama Meet Friday Deadline For ‘Fiscal Cliff’ Report

Congressional Republicans are demanding that President Obama meet the Friday deadline for laying out how his administration will carry out the spending cuts from sequestration that are part of the "fiscal cliff."

“Tomorrow (September 7) is the deadline, which has us wondering … will President Obama comply with the Sequestration Transparency Act he signed into law?” the office of House Speaker John Boehner (R-Ohio) wrote in a blog post. 

GOP aides say they expect the White House to delay the report to prevent it from distracting from President Obama’s big acceptance speech at the Democratic National Convention on Thursday night.

The report will for the first time detail where the sequestered cuts would come from in the budget, should Congress not act to stop them.

Behind presidential nominee Mitt Romney, Republicans have attacked Obama for the sequestered cuts, arguing the president has failed to find a solution that would prevent a hollowing out of the military. Obama has countered that it's the GOP who has stood in the way of a solution by refusing to agree to tax increases in a deficit deal.

The House has passed a sequester replacement package that includes significant entitlement cuts, but Democrats have rejected that approach and are demanding shallower cuts along with tax increases. The standoff is certain to last beyond the election.

Missing deadlines is not unprecedented for Obama's Office of Management and Budget (OMB), which was tasked with crafting the sequester report. 

OMB's midsession budget review, for instance, was due by July 16, but released on July 27.

Via: The Hill

Continue Reading...

Rep. John Lewis predicts the return of segregation if Romney wins

CHARLOTTE, N.C. — Rep. John Lewis used his Thursday convention speech to argue that a GOP victory in November will send African-Americans back to the early 1960s, when he and other Africans-Americans were forcibly denied access to restaurants, public transportation and the ballot box.

“I’ve seen this before, I lived this before,” he claimed, after extensively describing his activism in Southern states in the 1950 and 1960s.

“We were met by an angry mob that beat us and left us lying in a pool of blood,” he said to raucous applause from roughly 20,000 delegates and activists.

“Brothers and sisters, do you want to go back?” he called, prompted a loud response of “No!”

“Or do you want to keep America moving forward?” he asked Sept. 6 to raucous applause from roughly 20,000 delegates and activists.

Lewis’ speech echoed Vice-President Joe Biden’s August warning to African-Americans “they’re gonna put y’all back in chains.”

There is no evidence that GOP politicians plan to enslave or segregate African-Americans. Historically, the GOP was established in the 1850s to helped destroy slavery, which it did under the first elected Republican president, Abraham Lincoln.

Via: Daily Caller

Continue Reading...