President Obama

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"There’s Going To Be Chaos" - What Is The Worst-Case Outcome Of Today's Supreme Court Obamacare Hearing





Today, for the second time since 2012, the fate of Obamacare lies in the hands of the Supreme Court, and like last time, it will likely be all about Justice John Roberts ' decision. Later today, the US Supreme Court will hear oral arguments in the case of King v. Burwell, the latest challenge to Obamacare, and one that could potentially leave it gutted from an unexpected direction. As a result, nearly eight million Americans could lose their health insurance depending on how the Supreme Court interprets four words in the "Affordable" Care Act.

 
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Bernanke Wants The US President To Declare "Economic Emergencies" In Future Crises





"Presidents should get the power to declare economic emergencies along the lines to declare war... [and] take extraordinary actions and not put that all on the Fed." - Former Fed Chairman Ben Bernanke

For those of us who remain horrified and disgusted by the 2008-09 Federal Reserve and U.S. government bailout of the kleptocratic oligarchs who created the crisis, the above comments by the mastermind of this historic theft should be extremely concerning.

 
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Hillary Clinton's Latest Scandal: Former SecState Exclusively Used Undocumented, Personal Email Account





While the Hillary Clinton campaign seems unperturbed by recent problematic disclosures by Politico into the Hillary Clinton Foundation, the former first lady and current democrat presidential hopeful will have a field day explaining why, as the NYT reported overnight, Hillary - in her role as Secretary of State - "exclusively used a personal email account to conduct government business" according to State Department officials in violation of "federal requirements that officials’ correspondence be retained as part of the agency’s record." Mrs. Clinton did not have a government email address during her four-year tenure at the State Department. Her aides took no actions to have her personal emails preserved on department servers at the time, as required by the Federal Records Act.

 
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Obama Decrees Ban On Ammo For The Most Popular Rifle In America





Previously, the Obama administration attempted unsuccessfully to ban the AR-15. That didn’t work, so now Obama is going after the ammunition. This is yet another example of the war on preppers that is going on all over the nation. Whether you are a gun owner or not, this assault on our constitutional rights should disturb you greatly.

 
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Putin Spokesman Says Nemtsov Murder Was "100% Provocation"





Just a few short hours after the terrible murder of Russian opposition politician and outspoken Putin critic Boris Nemtsov, US' John Kerry was quick to condemn the actions of the "reformer" and demand Russia's "expeditious investigation," and President Obama has since issued a statement "admiring [Nemtsov's] struggle against corruption" Putin spokesman Dmitry Peskov says the Nemtsov murder was "100% provocation... It looks like a contract killing."

 
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Fed Independence Is A Joke, So Why Not Audit?





Nothing says limited government and separation of powers like a bureaucracy unaccountable to the voice of the people! Then again, Yellen doesn’t care much for democratic oversight. She’s a caricature of Randian libertarianism: someone who wants to do whatever, whenever, without rulers. The problem is Yellen isn’t operating a private railroad company. She’s the figurehead for a government institution created by Congress. If democracy means anything, it’s that voters have some measure of control over political bureaucracies.

 
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Paranoia And Purges For Venezuela As Oil Misery Continues





As the finances of Venezuela continue to deteriorate under the collapse of crude oil prices, the government of President Nicolas Maduro is becoming more paranoid and vindictive. However, the utter bust in oil markets pulled the rug out from beneath the Venezuelan economy. Maduro is cracking down on political opponents as the country deals with the economic crisis, and his pronouncements have become more paranoid as the economy has worsened. The economic situation may only grow worse. The government’s budget breaks even with oil prices at an estimated $117.50 per barrel. With no imminent rebound in sight for oil prices, Maduro is resorting to state-sponsored repression to quell growing opposition.

 

 
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FCC Votes In Favor Of Obama's Net Neutrality - Has The Slippery Slope To Web Censorship Begun?





"An open Internet is essential to the American economy, and increasingly to our very way of life," according to President Obama and it appears his perspective on the heavy hand of government regulation inserting itself into the last bastion of freedom and dynamism in the US economy, is how best to achieve "openness." Having pressured FCC's Tom Wheeler, the vote just came down: U.S. FCC APPROVES NET NEUTRALITY INTERNET RULES IN 3-2 VOTE. While potentially good for a consumer's pocketbook, the handing over of "fair-use" decision to the government, as we previously noted, could be the first step on a slippery slope to increased censorship. Welcome to "internet of political things."

 
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Fact Or Fiction: Raytheon CEO To Obama "It's Getting Out Of Hand In Libya"





Using the subject heading “you should definitely check this out,” Thomas A. Kennedy, CEO of the defense contractor Raytheon, reportedly emailed President Obama today with yet another link to an article detailing mounting tensions in Libya...

 
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Frontrunning: February 25





  • Invade Syria already, we know you will: Islamic State in Syria abducts at least 150 Christians (Reuters)
  • Greece Struggles to Get Citizens to Pay Their Taxes (WSJ)
  • Doubts Shadow Deal to Extend Greek Bailout (WSJ)
  • In surprise result, Chicago's Mayor Emanuel faces election run-off (Reuters)
  • Obama vetoes Keystone pipeline bill (Reuters)
  • Another sign of the top: Cushman & Wakefield Going Up for Sale (WSJ)
  • Lure of Wall Street Cash Said to Skew Credit Ratings (BBG) ... and threat of DOJ lawsuits also
  • Oil rises to $59 as Saudis say demand growing (Reuters)
 
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President Obama Explains The "Changes" He'd Like To Make To Retirement Accounts - Live Feed





Speaking at AARP headqusrters in Washington, President Obama will announce orders to the Labor Department to write new rules for financial managers who handle retirement accounts for working Americans. As USA Today reports, The White House says the goal is to end "hidden fees that hurt consumers and back-door payments that help Wall Street brokers," deals that costs retirees billions of dollars in savings. White House officials said they want new fiduciary standards that would require financial advisers to put clients' interests ahead of their own... and "buy our bonds."

 
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Frontrunning: February 23





  • Tsipras Tamed as Economists Declare Greece Loses Austerity Fight (BBG)
  • Greece readies reform plans to first sign of leftist unrest (Reuters)
  • Yellen Faces Congress Amid Direst Threat to Fed Since Dodd-Frank (BBG)
  • The war must go on: Kiev says cannot withdraw heavy weapons as attacks persist (Reuters)
  • Ukraine fears spread of war after blast in eastern city (Reuters)
  • Denmark Dismisses Report It Could Consider Capital Controls (BBG)
  • Deadline Nears on Homeland Security Funding Impasse (WSJ)
  • Gross Fund Hurt by Oil’s Plunge Amid Bets on Energy Bonds (BBG)
 
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Creepy, Calculating & Controlling: All the Ways Big Brother Is Watching You





None of us are perfect. All of us bend the rules occasionally. Indeed, there was a time when most Americans thought nothing of driving a few miles over the speed limit, pausing (rather than coming to a full stop) at a red light when making a right-hand turn if no one was around, or jaywalking across the street. My, how times have changed. Today, there’s little room for indiscretions, imperfections, or acts of independence. In such an environment, you’re either a paragon of virtue, or you’re a criminal. If you haven’t figured it out yet, we’re all criminals. This is the creepy, calculating yet diabolical genius of the American police state: the very technology we hailed as revolutionary and liberating has become our prison, jailer, probation officer, Big Brother and Father Knows Best all rolled into one.

 
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Ron Paul Warns "US Militarism Will End One Way Or Another..."





This militarism will end one way or the other. Either enough Americans will wake up and demand an end to Washington’s foreign adventurism, or we will go broke and be unable to spend another fiat dollar on maintaining the global US empire.

 
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