A U.S. House committee reported that President Obama�s aides pressed White House budget officials to review a $535 million federal loan guarantee to Solyndra, a failed solar-maker manufacturer that recently filed for bankruptcy protection. Republicans on a House Energy subcommittee released internal administration documents Wednesday revealing an attempt to expedite completion of the loan package so that Vice President Joe Biden could publicly announce the plan at a company event two years ago.
Bob Turner (left), former television executive and the Republican candidate vying to secure Anthony Weiner�s former congressional seat, has swiped first place in a new poll by Siena College Research Institute. With one day to go before the Sept. 13 special election, Turner holds a six-point lead over Democratic Assemblyman David Weprin, a sharp turn from Siena College�s August 10 poll when Weprin led with 48 percent of likely voters over Turner�s 42 percent.
Hundreds of protestors from the International Longshore and Warehouse Union (ILWU) breached the Port of Longview in Washington state, dumping grain, damaging railroad cars, and assaulting security guards. After tearing down the port’s gates early Thursday morning, 500 Longshoremen workers trashed the guard shack and held six port guards hostage.
Last week�s jobs report could spur further anxiety for President Obama�s 2012 reelection campaign, as the President�s core constituencies continue to struggle with high unemployment. The Labor Department reported dismal jobs numbers for August, with unemployment continuing to hover around 9 percent � a grave concern for Obama�s approval ratings. Young workers, aged 18 to 24, are now burdened with 16.4 percent unemployment, while many more are underemployed. Such affliction for America�s youth could prove fatal for Obama�s 2012 presidential aspirations, as he garnered nearly 70 percent of 18 to 29 aged voters in 2008.
The White House announced Thursday that it is building a new webpage, entitled "We the People," designed to give Americans the ability to digitally create and sign petitions to propose various government actions, particularly regarding job creation.
President Obama has nominated Princeton University�s Alan Krueger (left) for Chairman of the White House Council of Economic Advisers (CEA), and if approved by the Senate, Krueger, a labor economist and the Treasury Department�s former chief economist, will replace Austan Goolsbee. "I am very pleased to appoint Alan and I look forward to working with him," Obama stated, shifting his eyes between two flat-screen teleprompters during a statement on Monday. "I have nothing but confidence in Alan as he takes on this important role as one of the leaders of my economic team."
While GOP presidential hopefuls surround President Obama in election polls, the Democratic Party is scrambling to revamp its fundraising efforts. Through July, the three national Republican party groups � the Republican National Committee (RNC), the National Republican Congressional Committee (NRCC), and the National Republican Senatorial Committee (NRSC) � have raised a combined $105 million this year, a whopping 19 percent less than the combined $129 million pocketed by the Democratic National Committee (DNC), the Democratic Congressional Campaign Committee (DCCC), and the Democratic Senatorial Campaign Committee (DSCC).
The "Ron Paul Revolution" is political kryptonite for the liberal mainstream media, despite Rep. Paul�s noteworthy gains in public opinion polls and polished performances during the GOP presidential debates. In the early parts of the 2012 presidential race, the freedom-touting constitutionalist has fallen victim to an American media that picks its political winners and losers. But for how long?
Congressional Democrats have brushed off President Obama's personal decree to swear off special-interest campaigning for his reelection bid. According to an Associated Press analysis on campaign fundraising, Democrats aspiring to regain control of the House in 2012 have pocketed more than $15 million from political action committees this year, including donations from labor unions, sugar producers, and defense contractors. Over $1 million alone went to campaign committees of House Minority Leaders Nancy Pelosi (D-Calif., left), Minority Whip Steny Hoyer (D-Md.), and DNC chairwoman Debbie Wasserman Schultz (D-Fla.).
Agriculture Secretary Tom Vilsack (left) claims food stamps and other forms of government welfare are camouflaged stimulus programs that stir job growth by pumping money into the economy. After questioned about the cancerous issue of unemployment and the growing number of impoverished Americans forced to live on food stamps, Vilsack responded that the reason so many Americans are on food stamps � 46 million, or one in seven people � is because the Obama administration has helped states get "the word out" about the program.