US President Barack Obama urged Congress Saturday to find a balanced approach to deficit reduction, warning that steep budget cuts known as “the sequester” would hurt the economy and threaten thousands of American jobs.
“If the sequester is allowed to go forward, thousands of Americans who work in fields like national security, education or clean energy are likely to be laid off,” Obama said in his weekly radio and Internet address, [...]
HONOLULU (AP) — President Barack Obama is hailing a last-minute deal that avoids the so-called fiscal cliff but says it’s just one step in a broader effort to boost the economy and shrink federal deficits.
Obama said in his radio and Internet address Saturday that the new law — approved by Congress on New Year’s Day and signed Thursday — raises taxes on the wealthiest Americans while preventing a middle-class tax hike that [...]
House Democratic leader Nancy Pelosi says she’s hopeful lawmakers can come to a deal to avoid a year-end ‘fiscal cliff” – but any agreement has to include tax rate increases for the wealthy.
She told morning show This Week that she can’t accept a deal that caps deductions and closes some loopholes but does not alter current tax rates for the wealthy.
The California Democrat says ‘just to close loopholes is far [...]
TOPEKA, Kan. (AP) — A northeast Kansas newspaper has been ordered to identify a person who posted a comment on its website about a story on a murder trial for which that commenter was serving as a juror.
Shawnee County District Judge Steven Ebberts last week denied a request by The Topeka Capital-Journal to quash a district attorney’s subpoena seeking the name, address and Internet Protocol address of a poster who goes [...]
PORTSMOUTH, Ohio (AP) — Republicans Mitt Romney and Paul Ryan went back to school on Saturday to rally college students in all corners of all-important Ohio and hammer at President Barack Obama for going easy on China over unfair trade practices that they said are costing American jobs. Obama took precious time off the campaign trail to practice for the next debate against his GOP rival.
It was an unspoken acknowledgment of the importance that Obamaattaches to upping his game [...]
September 15, 2012
US President Barack Obama urged Americans Saturday not to be disheartened by images of anti-American violence in the Islamic world, expressing confidence that the ideals of freedom America stands for will ultimately prevail.
“I know the images on our televisions are disturbing,” Obama said in his weekly radio and Internet address. “But let us never forget that for every angry mob, there are millions who yearn for the freedom, [...]
US President Barack Obama said Saturday the United States needed to do more than just reclaim jobs lost to the recession, as he called for rebuilding the economy to make it secure for future generations.
“Our mission isn’t just to put people back to work – it’s to rebuild an economy where that work pays; an economy in which everyone who works hard has the chance to get ahead,” Obama said [...]
Apple has registered iPhone5.com domain name, amid rumours that the next model of the mould-breaking smartphone will be the final model designed by late founder Steve Jobs.
The tech giant filed a case with the World Intellectual Property Organisation to wrest control of the internet address, which had been used by a Apple fan forum site.
The move comes ahead of rumours that Apple is gearing up to release the next incarnation [...]
Cyber assault has similarities to attacks by Anonymous and LulzSec
The Serious Organised Crime Agency’s website was temporarily shut down today after a cyber attack.
It was the victim of a scam known as distributed denial of service (DDOS) whereby an internet address is flooded with bogus traffic, effectively making it unreachable.
The actions can also jam other websites hosted by the same provider which is why the agency decided to go offline.
A SOCA spokesman [...]
(04-21) 06:52 PDT WASHINGTON (AP) –
Eager to energize young voters, President Barack Obama is depicting Republicans as obstacles to an affordable college education as he previews an argument he will make on university campuses next week in states crucial to his re-election.
“This is a question of values,” Obama said in his weekly radio and Internet address Saturday. “We cannot let America become a country where a shrinking number of people do really [...]
by CATHERINE RAMPELL, NYT
If the economy falls back into recession, as many economists are now warning, the bloodletting could be a lot more painful than the last time around.
Given the tumult of the Great Recession, this may be hard to believe. But the economy is much weaker than it was at the outset of the last recession in December 2007, with most major measures of economic health — [...]
The UK Guardian, Der Spiegel and New York Times all say so too. It’s called stimulus. Paying people to not work creates jobs. Maybe we can do another census.
According to bloomberg:
Vice President Joe Biden urged Congress to extend U.S. jobless benefits and tax cuts for the middle class, saying that a failure to do so would damage the economy.
In the [...]
Obama lied about bringing home the troops. He lied about illegal immigration. He lied about the healthcare bill. He lied about the wall street over haul. Now he’s going to lie for his cronies. Mr. Obama ” YOU LIE ”
According to the latest news: Obama: Consumers lose if financial law repealed
WASHINGTON (AP) — President Barack Obama says consumers would lose if Republicans regain power in Congress and try to [...]
There is absolutely no good purpose to give these companies tax cuts. They are already saving tons of money by exploiting foreign workers. American workers should not be expected to give them a bonus. Tax cuts cost everyday Americans, many of whom lost jobs due to the same tax cuts they are expected to pay for.
WASHINGTON (AP) — End tax breaks that reward some U.S. [...]