Obama Student Loan Policy Reaping $51 Billion Profit
The Obama administration is forecast to turn a record $51 billion profit this year from student loan borrowers, a sum greater than the earnings of the nation’s most profitable companies and roughly equal to the combined net income of the four largest U.S. banks by assets. Figures made public Tuesday by the Congressional Budget Office [...]
House Republican leaders on Monday sent President Barack Obama a counteroffer aimed at avoiding the fiscal cliff, but it doesn’t hike tax rates on the wealthy or deal explicitly with tricky issues like the debt ceiling and the sequester. GOP leadership says the offer is based on testimony given by Erskine Bowles during an appearance [...]
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(BBC) defeating Republican challenger Mitt Romney. America’s first black president secured more than the 270 votes in the electoral college needed to win. In his victory speech before supporters in Chicago, Mr Obama said he would talk to Mr Romney about “where we can work together to move this country forward”. Mr Obama prevailed despite lingering dissatisfaction [...]
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Found this very cool Post on DU , On how election night will probably go down . Make sure you vote and get all friends and family to do the same . *times might not be exact 7:00 ET: Polls close in Georgia, Indiana, Kentucky, South Carolina, Vermont and Virginia. Romney will be declared [...]
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In what’s being labeled as a crucial speech, Republican presidential candidate Mitt Romney has laid out his foreign policy. Despite criticism for Obama, Romney had little to offer in terms of alternatives. In what was his seventh foreign policy speech, Republican presidential candidate Mitt Romney presented himself as a moderate conservative who strongly criticized the [...]
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President Obama’s campaign set a monthly record for the 2012 cycle in September, hauling in $150 million, according to the Wall Street Journal: The September total far surpasses the $114 million raised in August, when the Obama team snapped a three-month streak in which it was outraised by Republican challenger Mitt Romney. At the time, the [...]
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(THEHILL) Adjustments will have to be made in President Obama’s debate strategy, his advisers said Thursday, the morning after the president stumbled in his first showdown with Mitt Romney. David Axelrod, Obama’s senior campaign strategist, said they are going to take “a hard look” at Obama’s debate performance and that they’ll “have to make some [...]
Continue reading …Romney and the GOP grossly overestimated the country’s hatred of Obama
September 29, 2012 840 Comments
I’m convinced of it. I believe the Romney campaign expected to run a campaign of no-ideas and zero specifics because they felt, in the end, Obama’s popularity (or lack thereof) would sink him. I believe they felt they would overtake him in the polls in the summer and hold that lead through September and October [...]
Continue reading …A statement from the Obama campaign hitting back at Romney’s whining.
September 24, 2012 16 Comments
Romney: Obama ‘trying to fool people’ Denver, Colorado (CNN) – Mitt Romney blamed President Barack Obama for mischaracterizing his positions and forcing him to spend more time fund-raising, as the GOP presidential candidate looked to turn around his campaign trajectory and end a difficult week. –snip– (many more whiny Romney quotes in the full article) [...]
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Romney, at his fundraiser near San Diego, said Obama was “taking Americans on a course that is extremely foreign to us.” “One would suggest that government knows better than free people,” he said. “It’s a pathway to become like Europe, and Europe doesn’t work there. It’s never going to work here. It’s even possible we [...]
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