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Obama budget foresees deficits for a decade

<ul><li>WASHINGTON _ President Barack Obama on Monday will propose a 2011 federal budget that would spend $1.3 trillion more than the government takes in _ then continue with deficits of more than $700 billion a year for at least a decade. …

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |

The Fresno Bee, Calif., Bill McEwen column: Nuclear plant hopes get boost

<ul><li>Jan. 31–Congratulatory text messages and e-mails to John Hutson began arriving seconds after President Barack Obama endorsed "a new generation of safe, clean nuclear power plants" in his State of the Union speech. </li…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |
 

Volcker: Stop big bank risk-taking

<ul><li>Reforms are needed urgently to bar big commercial banks from engaging in risky investments and trading, a top White House adviser says.</li><li>Paul Volcker, former Federal Reserve chairman and chairman of President Bara…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Manufacturing seems to be an afterthought in Washington

<ul><li>Jan. 31–President Barack Obama’s State of the Union address last week included the obligatory references to creating jobs. </li><li>The "Jobs for America" report provided a prescription for the nation’s beleag…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |
 

State of union message: Who gets what?

<ul><li>Jan. 31–President Barack Obama spent much of his 71-minute State of the Union message last week speaking directly to America’s businesses, plying them with tax cuts and hiring incentives. </li><li>He mentioned "job…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Obama pushes nuclear energy to boost climate bill

<ul><li>WASHINGTON – President Barack Obama is endorsing nuclear energy like never before, trying to win over Republicans and moderate Democrats on climate and energy legislation.</li><li>This emphasis reflects both the politica…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |
 

Obama isn’t alone among presidents with first-year frustrations

<ul><li>Jan. 31–One year into his presidency: approval rating below 50 percent. </li><li>For President Barack Obama, facing similar poll numbers a year into his term, one way to spin the public-pulse charts is to look to presid…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Deficit, economy complicate Obama’s budget plans

<ul><li>WASHINGTON _ With the clock ticking toward a massive, automatic tax increase at the end of this year, President Barack Obama on Monday will launch a political battle over who will pay higher taxes and who won’t.</li><li>…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Obama: Cutting deficit as important as job growth

<ul><li>WASHINGTON – Trimming budget deficits is as important as creating jobs to sustain the economic recovery, President Barack Obama said Saturday.</li><li>"A sign of progress," Obama said in his weekly radio and In…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Obama taking populist tone in fight over jobs

<ul><li>WASHINGTON – President Barack Obama is shifting his administration’s emphasis to battling unemployment, the scourge that is hurting households nationwide and threatening to inflict heavy losses on Democrats in November’s elections.&…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |