Obama’s Health Secretary Pays $7,040 in Back Taxes After 3 Years

WIRE: Health and Human Services nominee Kathleen Sebelius has corrected three years worth of tax returns after finding “unintentional errors.”

Sebelius alerted senators to the changes in a letter dated Tuesday that was obtained by The Associated Press. She says the changes involved charitable contributions, the sale of a home and business expenses….

Cites “unintentional errors…”

Filed under: Obama, Accounting, Barack Obama, Burglary, Crime, Democrats, Economics, Economy, Finance, Gangs, Health, Kansas, Law, Legal, Mafia, News, Obama, Politics, Republicans, Sebelius, Stealing, Stocks, Tax, Taxes, Theft

GENERAL MOTORS CEO QUITS ON DEMANDS FROM OBAMA

YOU’RE FIRED

WIRE: The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.

Wagoner’s departure is one of the remarkable strings attached to a new aid package the administration plans to offer GM…

Filed under: Obama, Barack Obama, Breaking News, Cars, Communism, Congress, Economics, Economy, Finance, Ford, General Motors, Media, News, Newspaper, Obama, Politics, President, Socialism, Stocks

OBAMA: DETROIT NO LONGER ‘VIABLE’

SURVIVAL OF THE FITTEST

WIRE: In surprising findings to be outlined at the White House on Monday, President Obama has concluded that neither GM nor Chrysler can survive as they now exist. But the White House is sparing them for a month or two, and is promising American consumers that the government will stand behind warranties if the automakers fail…

Tells GM CEO To Head Home…

Filed under: Obama, Barack Obama, Capitalism, Cars, Chrystler, Congress, Detroit, Economics, Economy, Finance, Ford, General Motors, GM, News, Obama, Politics, President, Republicans, Socialism, Stocks

Obama in Monday’s FT Interview: World Needs to Promote ‘Unity’

PAPER: In comments that appear to diverge from recent remarks by Ms Merkel, who has all but ruled out more deficit spending in Germany, Mr Obama said: “With respect to the stimulus, there is going to be an accord that G20 countries will do what is necessary to promote trade and growth.”

He added: “The most important task for all of us is to deliver a strong message of unity in the face of crisis…”

Filed under: Media, Obama, Barack Obama, Democrats, Economics, Economy, England, Europe, Finance, Financial Times, FOREX, France, Germany, Investments, Journalism, Media, Money, News, Newspaper, Obama, Politics, Republicans, Stocks

OBAMA TO SEND ANOTHER 4,200 TROOPS TO AFGHANISTAN

4,200

POLITICO WIRE: ANOTHER 4,200 “TRAINERS” AND CIVILIANS TO BE SENT…

PAPER: The Obama administration will unveil a new Afghanistan strategy Friday that calls for devoting significant new resources to counter-narcotics efforts in Afghanistan and economic development in Pakistan, according to senior U.S. officials. The White House plan will mark an escalation of the war in Afghanistan, which is quickly displacing Iraq as the administration’s chief national-security focus…

FLASHBACK: Obama’s 17,000 Troop Surge for Afghanistan…

Filed under: Obama, World, Afghanistan, Air Force, Army, Barack Obama, Democrats, Iran, Iraq, Israel, Marines, Middle East, Military, Navy, News, Obama, Politics, Republicans, War, World

Poll of Change: Obama’s Approval Slips Below 50%

POLL: Under our long-standing measure of job performance (excellent, good, fair, poor), Obama’s positive ratings have dipped just below 50%. Likely voters choosing excellent or good fell three points from another Zogby Interactive poll concluded on March 5, going from 52% to 49% excellent or good; while 11% said fair and 38% poor…

Filed under: Obama, AIG, Bank of America, Banks, Barack Obama, Citi, Comedy, Democrats, Economics, Economy, Finance, Humor, JPMorgan, News, Obama, Politics, Polls, Republicans, Stock Market, Stocks

European Union President Says Obama Stimulus is The ‘Road to Hell’

The head of the European Union slammed President Barack Obama’s plan to spend nearly $2 trillion to push the U.S. economy out of recession as “the road to hell” that EU governments must avoid.

The blunt comments by Czech Prime Minister Mirek Topolanek to the European Parliament on Wednesday highlighted simmering European differences with Washington ahead of a key summit next week on fixing the world economy…

Filed under: Economics, Obama, World, Barack Obama, Comedy, Czech, Democrats, Dollar, Economics, Economy, England, Euro, Europe, Finance, FOREX, France, Germany, Humor, Jindal, News, Obama, Politics, Republicans, Stocks, World

Obama Staff Caught Passing Blackberry During Prime-Time Speech (Video)

Filed under: Obama, Barack Obama, CNN, Comedy, CSPAN, Democrats, Economics, Economy, Entertainment, Humor, Jindal, News, Obama, Politics, Republicans

Senate Democrats Push Cuts in Obama’s $3.6 Trillion Budget

MEDIA: Sen. Kent Conrad of North Dakota said the Senate Budget Committee, which he chairs, will vote on his version Wednesday.

“We’ve made hundreds of billions of dollars of changes to make this work to get down to the deficit goal and at the same time maintain the president’s priorities — education and energy and health care,” Conrad said as he left a closed meeting in the Capitol, where he briefed Senate Democratic colleagues on his plan…

Filed under: Economics, Obama, Politics, AIG, Barack Obama, CNN, Democrats, Economics, Economy, Finance, Jindal, News, Obama, Politics, Republicans, Stocks, TV

Obama to Meet With Heads of Goldman Sachs, JPMorgan, Citi and Other Bank Leaders

PAPER: President Barack Obama will meet with about a dozen U.S. bank leaders on Friday to talk about his administration’s plans to put the sector on a sounder footing, The Wall Street Journal reported late Tuesday on its Web site. Invitees include Goldman Sachs Group Inc. , J.P. Morgan Chase & Co. and Citigroup Inc. The meeting follows more than a week of controversy over large bonuses paid at American International Group Inc. , after the insurer received billions in federal aid…

Filed under: Economics, Obama, Banks, Barack Obama, Citi, Citibank, Citigroup, Democrats, Economics, Economy, Finance, Goldman Sachs, JPMorgan, News, Obama, Politics, Republicans, Stocks

OBAMA ADMIN SEEKS POWER TO SEIZE NON-BANK FINANCIAL FIRMS

PAPER: The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document…

Brendan Smialowski / Bloomberg News

Filed under: Economics, Obama, Barack Obama, Communism, Congress, Democrats, Economics, Economy, Finance, Jindal, News, Obama, Policy, Politics, President, Recession, Republicans, Senate, Socialism, Stimulus, Stocks

The Audacity of Hope Shines as Obama Plans to Persuade Democrats to Support Budget

PAPER: President Obama will go to Capitol Hill this week to try to persuade skeptical Senate Democrats to support the administration’s first budget request after an analysis showed that the spending plan would drive the nation deeply into debt over the next decade.

Obama will address Senate Democrats on Wednesday, when budget committees are scheduled to meet in the House and Senate to consider the $3.6 trillion spending plan for the fiscal year that begins in October…

Source: Wired.com

Filed under: Obama, Barack Obama, Budget, Congress, Democrats, Economics, Economy, Finance, News, Newspaper, Obama, Politics, Post, President, Republicans, Senate, Stocks, Washington Post

Obama’s Secret Meeting With Gorbachev; Press Wasn’t Informed (Video)

Filed under: Obama, Barack Obama, Biden, Communism, Congress, Democrats, Economy, Iran, Iraq, Military, News, Obama, Politics, President, Republicans, Russia, Senate, Socialism, War, World

Obama’s Laughter Over Economic Crisis, ‘Are You Punch-Drunk?’ (Videos)

INTERVIEW: You’re sitting here. And you’re— you are laughing. You are laughing about some of these problems. Are people going to look at this and say, ‘I mean, he’s sitting there just making jokes about money—’ How do you deal with— I mean: explain. . .” Kroft asked at one point.

“Are you punch-drunk?” Kroft said…

Ready to Place “Exit Strategy” in Afghanistan Policy…

After Sending In A 17,000/45% Increased Troop Surge…

Filed under: Economics, Obama, 60 Minutes, Barack Obama, CBS, Comedy, Democrats, Economics, Economy, Finance, Humor, Interviews, Irony, Media, News, Obama, Politics, Republicans, Stocks

Return of Fear, Obama Warns of Collapse if Big Institution Fails

INTERVIEW: Interviewed on the CBS television program “60 Minutes,” Obama was asked if the financial system could implode if the likes of bailed-out insurer AIG or banking giant Citicorp were to fail.

“Yes,” the president replied, in the interview broadcast Sunday, as his administration prepared to announce new steps Monday deal with the toxic assets clogging up US banks’ books…

Filed under: Economics, Obama, 60 Minutes, AIG, Barack Obama, Democrats, Economics, Economy, Entertainment, Finance, Interview, Media, News, Obama, Politics, Republicans, Stocks, TV

OBAMA: WAR ON TERROR SPARKING ‘ANTI-AMERICAN SENTIMENT’ (60 Minues Interview)

“How many terrorists have actually been brought to justice under the philosophy that is being promoted by Vice President Cheney?” Obama asked on “60 Minutes,” according to excerpts released by CBS ahead of its Sunday airing. “It hasn’t made us safer. What it has been is a great advertisement for anti-American sentiment…”

Filed under: Obama, 60 Minutes, Barack Obama, Democrats, Interviews, Iran, Iraq, Islam, Middle East, Military, Muslim, News, Obama, Politics, Religion, Republicans, Terrorism, War

BREAKING NEWS: OBAMA TO OVERHAUL EXEC. PAY AND FINANCIAL REGULATION

YOU’RE NEXT

“The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said…”

Filed under: Economics, Obama, Banks, Barack Obama, Breaking News, Congress, Crime, Democrats, Economics, Economy, Finance, Media, New York Times, News, Obama, Politics, Republicans, Stocks, Times

Obama Video Message to Iran

“The children of Adam are limbs to each other having been created of one essence.”

Filed under: Obama, Ahmadinejad, Barack Obama, Democrats, Iran, Iraq, Middle East, News, Obama, Pelosi, Politics, Republicans, Terrorism

Obama on Tonight Show Videos; Insults Disabled, ‘Like the Special Olympics’

Jay capitulates to Obama…

Filed under: Humor/Irony, Media, Obama, Barack Obama, Comedy, Congress, Democrats, Entertainment, Humor, Media, MSNBC, NBC, News, Obama, Politics, President, Republicans, Tonight Show, TV

Guantanamo Detainees May Be Released in U.S.

“Attorney General Eric Holder said some detainees being held at Guantanamo Bay, Cuba, may end up being released in the U.S. as the Obama administration works with foreign allies to resettle some of the prisoners.

Eric Holder

Mr. Holder, in a briefing with reporters, said administration officials are still reviewing individual cases of the approximately 250 detainees to determine which will be put on trial and which may be released to comply with plans to close the detention facility by next year…”

Filed under: Crime, Obama, Barack Obama, Crime, Eric Holder, Holder, Islam, Law, Legal, Middle East, Muslim, News, Obama, Politics, Terrorism, Wall Street Journal