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Thomas R. Eddlem

Monday, 29 October 2012 10:26

CNN: Obama Deficit Math Doesn't Add Up

Erin Burnett took only four minutes on October 23 to destroy the Obama administration's claim that the President's budget plan would eliminate $4 trillion in deficit spending over the next decade, a CNN television segment that sent the Obama campaign into damage control mode for the past week.

President Barack Obama and former Massachusetts Governor Mitt Romney engaged in a nationally televised foreign policy debate Monday, October 22, and agreed to continue aggressive American military involvement around the world.

Both Democrat and Republican spin-meisters are claiming victory for their candidate in the October 16 Presidential town hall-format debate at Hofstra University in Hempstead, New York, a contest noted for its lack of gaffes by President Obama and former Massachusetts Governor Mitt Romney.

Congressman Paul Ryan spoke clearly during Thursday's vice presidential debate at Centre College in Danville, Kentucky. But he failed to articulate any substantial differences between the Republican political team he represented and the Obama administration represented by Vice President Joe Biden.

The highly-hyped “Rumble in the Air-Conditioned Auditorium” debate on October 6 between Fox News Channel personality Bill O'Reilly and Comedy Central funny man Jon Stewart proved a nearly perfect foil of O'Reilly.

Monday, 08 October 2012 09:05

Mitt Romney Criticizes Fed — Almost

The Republican Party standard-bearer for President Mitt Romney edged up toward criticism of the Federal Reserve Bank's “quantitative easing” in an interview for the October 7 edition of NBC's Meet the Press.

 

 

 

 

The first presidential debate of the 2012 post-primary election season revealed that both Democratic incumbent President Obama and Republican challenger Mitt Romney, a former governor of Massachusetts, would increase the national budget deficits more than advertised.

Massachusetts contenders for the U.S. Senate, incumbent Republican Scott Brown and Harvard Professor Elizabeth Warren, debated October 1 and gave a stark reminder of what is wrong with both political parties.

 

Federal Reserve Chairman Ben Bernanke said in an October 1 speech that his U.S. central bank would copy Japanese economic policy to get the U.S. economy moving, despite the fact that the Japanese economy hasn't seen significant economic growth since the 1980s. 

The U.S. economy grew slower than previously reported during the second quarter of the year, according to the U.S. Bureau of Economic Analysis (BEA). The economy grew at just an annualized rate of 1.3 percent rate, down from the 1.7 percent growth previously reported. 

 

 

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