The Obama administration announced a new initiative Wednesday to recruit an elite group of master educators in a $1-billion effort to improve education.
As a contentious “farm” bill rages in Congress, House Minority Whip Steny Hoyer (D-Md.) argued Tuesday that unemployment insurance and food stamps (which are included in the legislation) are the two “most stimulative” measures to boost economic growth.
Last week, White House Press Secretary Jay Carney made a bold assertion: President Obama’s 2009 economic stimulus law is “widely recognized to have broken the back of the recession.” The American Recovery and Reinvestment Act, which was signed into law on February 17, 2009, had an original cost estimate of $787 billion, but has since been revised by the Congressional Budget Office (CBO) to an elevated tune of $831 billion.
Speaking at a campaign event in Cincinnati, Ohio on Monday, President Obama insisted that he does not make the same mistake twice, and that he would remain steadfast in his efforts to subsidize the “green” energy industry.
In a recent speech delivered to supporters in Roanoke, Virginia, President Obama reignited a class warfare-brand of rhetoric that is sure to inflame many hardworking Americans who have labored tirelessly to achieve their own success. Emphasizing that affluent individuals “didn’t get there” on their own, the president’s dialogue during the July 13 campaign event arrived only days after he urged Congress to extend the Bush tax cuts only to families earning an annual income of less than $250,000.
Compelled under the despotic power of a local government in Virginia, one business owner is losing his property under the government’s alleged authority of eminent domain. And it’s not because officials in Norfolk plan to build a new road or a public park; it’s so they can clear the area for new “retail space.”
Another pressing eminent domain debacle has sprouted in San Bernardino County, California, where the local government is seeking to seize and restructure “underwater” residential mortgages — those whose owners owe more than their mortgages' worth — by forcibly purchasing them from mortgage-backed securities (MBS) investors at low rates and reselling them with lower balances to other investors.
Acting on the Obama administration’s inexorable push for alternative fuel, a gas station in Lawrence, Kansas, has become the first in the nation to offer E15 fuel, a blend containing 15 percent ethanol and 85 percent gasoline.
Railing against Texas’ contentious new voter ID law, Attorney General Eric Holder likened Gov. Rick Perry’s effort to curb voter fraud to a “poll tax” — a post-slavery effort to prevent blacks from voting.
The Obama campaign has been vocal in its dissent of job outsourcing, using Romney’s past business endeavors as an indication of his performance on domestic job-creation. However, Obama’s $787-billion American Recovery and Reinvestment Act funneled millions of federal dollars to companies that shipped American jobs overseas.
Farmers are celebrating the defeat of a proposed federal law that would have barred children from operating power equipment on private land, which would have barred kids from helping with milking cows and feeding animals, amongst other restrictions.