The New York Times: The Obama administration is pressing aggressively for a deal to end its support of the American International Group and hopes to have a completed plan to announce by next week, ahead of the midterm elections. The goal is for the Treasury Department to convert its A.I.G. stake to common stock in [...]
Politico: President Barack Obama is pledging to throw his full weight next year behind efforts to overhaul the nation’s energy and climate change policies, though he concedes such moves might need to happen “in chunks.” In an interview published Tuesday by Rolling Stone magazine, Obama lamented how the economic crisis contributed to this year’s Senate [...]
Prison Planet: An amalgamated cybersecurity bill that lawmakers hope to pass before the end of the year includes new powers which would allow President Obama to shut down not only entire areas of the Internet, but also businesses and industries that fail to comply with government orders following the declaration of a national emergency – [...]
The Hill: Democrats are considering cramming as many as 20 pieces of legislation into the lame-duck session they plan to hold after the Nov. 2 election.
New York Daily News: by Richard Cohen Every so often, the sayings of Casey Stengel come to mind. The longtime manager of the New York Yankees, accustomed to a Prussian professionalism, moved over to the astonishingly hapless New York Mets in 1962 and, surveying his new team, uttered an exasperated question: “Can’t anybody here play [...]
“America is very close to a destructive tipping point,” co-authors Glenn Hubbard and Peter Navarro warn in their new book Seeds of Destruction. “We must change how we conduct our politics and economics…or we will inevitably go the way of all once-great nations and suffer an irreversible decline.” Hubbard, dean of Columbia Business School, joined [...]
BOSTON (Reuters) – U.S. chief executive officers’ view of the economy darkened in the third quarter, with top executives saying they were less willing to hire new workers as they fear sales growth will slow. The change in mood reported in a Business Roundtable survey on Tuesday bodes poorly for the tepid U.S. economic recovery, [...]
Politico: ALBUQUERQUE – Under the hot southwestern sun Tuesday, President Barack Obama found himself, once again, explaining his Christian faith to a group of suburban New Mexico voters, even though he had intended to talk to them about education reform, his plans for the economy – and continue his assault on the Republicans’ blueprint for [...]
