Obama Glad Tiger Woods Is Making Headlines
Because of Tiger Woods drama, Obama has hidden under the Attention Radar. Tiger’s problems may the be best Christmas present Obama can receive this year. While Obama’s Media friends keep John Q. Public focused on Tigers problems, Obama dream continue to fall apart:
President Obama’s job approval rating has fallen to 47 percent in the latest Gallup poll, the lowest ever recorded for any president at this point in his term. The new low comes as Obama enters the home stretch in his push to enact his signature initiative, an overhaul of the nation’s health care system, and escalates America’s involvement in the Afghanistan war.
America’s highest-ranking military officer admitted that US forces were currently losing the war in Afghanistan and said they had 18 to 24 months to turn around the Taliban’s momentum. “This is the most dangerous time I’ve seen growing up the last four decades in uniform,” Adm Mike Mullen told audiences of soldiers and marines, some of whom are weeks away from flying to conflict. “We are not winning, which means we are losing and as we are losing, the message traffic out there to [insurgency] recruits keeps getting better and better and more keep coming.” Mullen said: “I don’t want to be in any way unclear about that. This is what happened in Iraq during the surge and as tragic as it is, to turn this thing around, it will be a part of this surge, as well.”
President Obama made a rare Sunday appearance on Capitol Hill to meet with Democrats behind closed doors and talk about health care reform. Whatever Happened to the President’s Promise About Transparency?Arizona Republican Senator John McCain used the private meeting to recall then Senator Obama’s public promise during the campaign that C-SPAN cameras would be included in health care negotiations to make the process more transparent. Where’s C-SPAN in that meeting now?” Transparency advocates are also puzzled by Monday’s workshop on openness for federal employees, which was closed to the public and media.
A series of devastating car bombings rocked Baghdad on Tuesday, killing at least 121 people and wounding hundreds more. Five bombs in all, including at least three suicide attacks, struck near a college, a court complex in western Baghdad, a mosque and a market and a neighborhood near the Interior Ministry in what appeared to be a coordinated assault on the capital.
Indonesia to Erect Statue of President Obama as A six-and-a-half foot 10 year old Boy.
Executives at two of the nation’s largest banks say they are struggling to get homeowners to complete the necessary paperwork for the Obama administration’s mortgage relief plan, and only a fraction of homeowners have finished the process. The program, announced in February by President Barack Obama, allows homeowners to have their mortgage interest rate reduced to as low as 2 percent for five years. Borrowers who qualify sign up for trial periods of up to five months. They must complete a stack of paperwork, including proof of income, to make the modifications final. A Bank of America executive said only about 15,000 homeowners, or a quarter of the 65,000 borrowers in trial modifications that are set to expire by year-end have sent back their paperwork. Faced with disappointing progress, the Obama administration said it would spend the coming weeks cracking down on mortgage companies, also known as loan servicers. Treasury Department officials said they would send “SWAT teams” to monitor the eight largest companies, including Bank of America and Chase, and request twice-daily reports on their progress.
Obama wants to use bailout money for a jobs program to answer complaints he’s done more for Wall Street than Main Street. Obama will propose tapping cash from the $700 billion Troubled Asset Relief Program to help reduce the 10% unemployment rate. His comments came after the Treasury Department reported that it expected to recover all but $42 billion of the $370 billion it has lent to ailing companies since the financial crisis began last year, with the portion lent to banks actually showing a slight profit. The new assessment of the $700 billion bailout program, provided by two Treasury officials on Sunday ahead of a report to Congress on Monday, is vastly improved from the Obama administration’s estimates last summer of $341 billion in potential losses from the TARP program. That figure anticipated more financial troubles requiring intervention. A new Obama jobs bill will include new construction projects and small business loans to try to trigger more hiring.
In March, President Obama charged McChrystal with defeating the Taliban, and the plan McChrystal proposed was aimed at doing just that. But it seems the president forgot that, and when McChrystal reminded him in early October, the president requested something entirely different. Gen. Stanley McChrystal, appearing before the House Armed Services Committee and announced the Afghanistan war surge last week acknowledging that the goal of stabilizing the war-torn region will be “undeniably difficult.” Defense Secretary Robert Gates reiterated that the administration expects the withdrawal, beginning in July 2011, to be “a several-year process whether it’s three years or two years or four years remains to be seen.”
President Obama says he won’t put focus on blacks’ troubles. 10 members of the black caucus boycotted a key House committee vote on financial regulations. The group said it would push harder for Congress and the White House to tackle specific problems including an unemployment rate for blacks that was 15.7% in October, which was higher than the national rate of 10.2%. Criticism from the Congressional Black Caucus that the government is ignoring the economic plight of minorities. Obama said in the interview at the White House jobs summit, that he agrees with some of the caucus’ goals, such as making sure black-owned small businesses have access to credit. But he stressed he needed to keep a broader view. Rep. Maxine Waters, D-Calif., a former caucus leader, said the group’s concerns go beyond jobs, and one summit “does not solve the problem.”
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