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The Obama Morning News || August 18, 2011

by Keith Koffler on August 18, 2011, 7:49 am

President is thinking about proposing tax cuts for companies that hire workers, new spending for roads and construction, and other measures that target the long-term unemployed, administration officials say.

The Department of Justice is probing S&P, but the investigation began before the company downgraded the U.S.

Attorney General Eric Holder wants to know what his supposedly independent internal investigator said to Congress about the Fast and Furious operation. The National Labor Relations Board plan to speed up unionization votes is drawing criticism.

Only minutes into Vice President Biden’s remarks in Beijing, Chinese officials began directing journalists toward the exits. Soon the shooing became shoving. Meanwhile, Biden and his Chinese counterpart are emphasizing cooperation.

Michele Bachmann’s security is giving reporters similar treatment, with pushing and elbows a frequent feature of her appearances.

Obama insisted to skeptical farmers that he’s not over-regulating the economy. The Obama administration is promising to blunt the impact of its pending ozone standards.

Obama pitched himself onto the political scene as a man above partisan politics, and despite presiding over a bitterly divided government, he is starting the 2012 campaign still casting himself as that guy. Obama holds the early advantage in the digital campaign for re-election, but his Republican challengers aren’t ceding any ground in the race to gain an edge through social media and other online strategies.

Senate Democratic campaign strategists are concerned Obama’s money machine is vacuuming up all the cash. An Obama campaign email critical of Paul Krugman and liberal bloggers is triggering ire from the left.

Rick Perry said man-made global warming is unproven and climate change programs are costing the nation “billions if not trillions” of dollars that could be spent elsewhere. Bachmann is promising $2 gas.

Speculation over who will be the GOP vice presidential nominee is heating up.

Regulations proposed by the administration would require all private health insurance plans to provide current and prospective customers a brief, standardized summary of policy costs and benefits.

And Newt Gingrich is back on vacation.

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{ 11 comments… read them below or add one }

Swedish lady August 18, 2011 at 8:44 am

As soon as S&P went public with the downgrading I began wondering what would happen to that company in Obama´s USA. Isn´t this investigation a little too obvious ? It looks like revenge to me.

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Just2old August 18, 2011 at 8:53 am

As Keith said: but the investigation began before the company downgraded the U.S.

It appears that someone is trying to portray this as revenge….which would be in line with this administration’s mode of operation.

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Just2old August 18, 2011 at 8:50 am

Attorney General Eric Holder wants to know what his supposedly independent internal investigator said to Congress about the Fast and Furious operation.

You bet he does!

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srdem65 August 18, 2011 at 9:08 am

The piece about VPBiden’s press contingent being forced out of the room “minutes” after MrBiden began speaking isn’t the real story; MrBiden was still speaking beyond the time alloted by the Chinese, seemingly violating a prior agreement.
The real outrage is that the press insisted on listening to MrBiden as he kisses-up to the Chinese.

The Prez’s plan for America that would include tax credits for businesses that hire the unemployed is so, well, stupid that whoever came up with that idea should be fired. Who the heck would they hire? the already employed?
Profitable and successful companies stay that way because they only hire the employees they need.
And here we go again with the crumbling roads & bridges, shovel-ready (union workers) projects that would require billions of borrowed money and years to get started, if ever. We already have a program funded to maintain and build our roads and bridges, it’s called the “highway tax” program.

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Susan August 18, 2011 at 9:39 am

Exactly right srdem. We pay for those roads and bridges every time we fill up our gas tank, buy or register an automobile, or pay a toll charge. Keep your ears open for the term “infrastructure bank”. That’s the new union stimulus program in the works.

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Star August 18, 2011 at 11:43 am

Darn–I went in the garage looking for my flag so I could direct traffic for a living.

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Star August 18, 2011 at 11:44 am

When they say “bank,” this is some slush fund loaning to do these projects? How about real banks loaning?

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Susan August 18, 2011 at 9:49 am

A bitterly divided government is exactly what we voted for in 2010. For the first two years of his reign of terror he had both houses of Congress. He could have pushed through every single initiative on his plate. He chose to spend more than a year shoving Obamacare down our throats. The best we can hope for right now is to slow the spending and don’t let him take over any more private industry until the election of 2012. I’m a realist. Things won’t get any better before then.

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Just2old August 18, 2011 at 11:38 am

Agree…the 2010 election cycle was about putting the brakes on the out-of-control spending. We succeeded. Now we put the finishing touches on him in 2012! They seem to have no idea how pissed off the majority of the country is….they’ll find out and won’t know what hit them.

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Star August 18, 2011 at 11:42 am

I wonder if Bachmann has (1) jumped the shark, (2) used her 15 minutes, (3) been successfully ridiculed…

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MT for re-redistribution August 18, 2011 at 1:19 pm

“…tax cuts for companies that hire workers”?? uh, Isn’t that what companies do? Ohhhhh, just don’t want to look like “Bush tax cuts” but still do something to keep from going totally under. In other words “Bush was obviously right, but Allah help me if I admit it”

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