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SALON Thu, 02 Feb 2012 15:20:00 GMT
"Send me a bill that bans insider trading by members of Congress," President Obama told the assembled members of the House and Senate in his State of the Union address last week, "and I will sign it tomorrow."
If only it were that simple.
The Stop Trading on Congressional Knowledge (STOCK) Act, a bill that prohibits legislators and federal officials from knowingly profiting off of nonpublic information related to impending legislation and regulatory decisions, looks certain to pass the Senate this week. On Monday, senators overwhelmingly approved a motion to cloture on S.2038 preventing the bill from being filibustered. But on Wednesday in the House of Representatives Reps. Tim Walz, D-Minn., and Louise Slaughter, D-N.Y., demanded a straight up or down vote on a different bill, HR 1148, also known as the STOCK Act. The House bill already has 271 sponsors.
And therein lies a tale of Washington. No one in Washington favors allowing Capitol Hill insiders using non-public........
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SALON Fri, 03 Feb 2012 17:07:00 GMT
Here's a quick update on the Obama administration's recent decision to sell arms to the regime in Bahrain, which has been accused of widespread human rights abuses in suppressing a protest movement in the Gulf nation.
Three senators and and 18 representatives -- all Democrats -- have signed a letter to Secretary of State Hillary Clinton condemning the deal (and remember, the administration still isn't saying what equipment, exactly, it's sending to Bahrain). Here's the key section of the letter:
We recognize the limited nature of the sales, and we acknowledge that the Bahraini government has taken some positive steps with respect to human rights in recent months. However, it has not done enough to justify the sale of any military items or services to Bahrain. Moreover, if the Administration wishes to reward the Bahraini government for any progress, there are other methods that do not involve strengthening the Bahraini military or security forces.
Tragically, even a brief survey..
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REALCLEARPOLITICS Fri, 03 Feb 2012 13:48:03 GMT
Quin Hillyer, The American SpectatorThe Republican presidential campaign thus far has been so bizarre and, frankly, depressing, that some of us have failed to adequately cover worrisome developments on a number of other important fronts. By ineptness and, worse, by deliberate design, Barack Obama daily makes this nation weaker abroad, less free (and more authoritarian) at home, economically more feeble, and in the civic realm more bitterly divided than ever. Meanwhile, ominous developments crowd the world stage. In short, were in a big heap of trouble.
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REALCLEARPOLITICS Fri, 03 Feb 2012 22:08:35 GMT
Will Marshall, Progressive Policy InstituteAs the 2012 election gets underway, President Obama is still waiting to see who his opponent will be. Candidates and campaigns matter hugely, of course, but we should also pay attention to the field on which the match will be playedand at first glance, the lay of the political land doesnt look so favorable to Obama and his party.The lingering economic slump has demoralized voters and tilted the electorate rightward. With idle workers, un- derwater homeowners, exploding deficits and debts, growing inequality, and a bitter, broken political system, ob- jective reality...
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WASHINGTONPOST Fri, 3 Feb 2012 11:14:57 EST
About this blog: In their new book “The End of Race? Obama, 2008, and Racial Politics in America,” Donald R. Kinder and Allison Dale-Riddleassert that racism kept Barack Obama from achieving a landslide victory in 2008. The role of race in that election, they argue, was similar to the impact religion had in the 1960 presidential race when many voters rejected John F. Kennedy simply because he was Catholic. The question now becomes: What role will racism play in 2012 election? Have Americans gotten past their biases, or will the same questions linger in the voting booth? Here, Kinder, a political science professor and a psychology professor at the University of Michigan, addresses the issue. Read full article >>
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GOOGLE Fri, 03 Feb 2012 16:51:40 GMT
Times are tough, the country is freaking out, and President Obama just wants to watch the Super Bowl unmolested.
Breaking tradition of the last three years, the Obamas will not be hosting a Super Bowl party this Sunday, Politico's Carrie Budoff Brown reports.
Past Super Bowl gatherings at the White House have been a hot ticket, and have counted A-list celebrities and politicians as guests.
But Obama clearly doesn't want to gab with JLo about her new boyfriend, or chat with members of Congress about the upcoming Senate elections.
Obama is serious about his football. In Jodi Kantor's book, "The Obamas," Rep. Mike Doyle said that at one Super Bowl gathering, the president was "sitting up front" and "didn't move" once the game started.
Some witnesses even heard him say, "Not now honey, I'm watching the game." Joking.
This year, Michelle Obama told Rachel Ray, Super Bowl Sunday will be "quiet," and the president will enjoy his favorite snack: nachos and guacamole. ......
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GOOGLE Fri, 03 Feb 2012 16:57:00 GMT
In a visit to the Washington Auto Show earlier this week, President Obama sat in a number of new models and met with executives from the domestic automakers.
But he completely ignored executives from the foreign companies.
According to Angela Greiling Keane of Bloomberg (via Automotive News), executives and extra cars from Honda, Toyota, Hyundai, Mercedes, and others were brought to the show at the last second at the White House's request.
Bloomberg reports that Honda brought their hydrogen fuel-cell FCX in from California, Kia was ready to show off the Optima Hybrid, and Mercedes rushed in its hydrogen F-Cell at the request of the White House. High-level executives were also flown in to answer any questions the President may have had on the cars.
The President did not look at any of those cars or meet with the executives.
President Obama did spend time with Chevrolet, Chrysler, and Ford; he took long looks at the Corvette ZR1 and the new 2013 Mustang GT500.........
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