President Obama

Tyler Durden's picture

What Is The Real Price Of Obama's CO2 Plans?





Coal powered electricity is currently by far the cheapest and one of the most reliable forms of electricity generation known to Man. To suggest that replacing this with intermittent wind and solar or carbon capture generation will somehow reduce American’s electricity bills is either delusional or plain stupid. Or is the intention to deliberately deceive?

 
Tyler Durden's picture

Why Obama's Favorite Student Debt "Relief" Program Will Cost Taxpayers $100 Billion





Did you take out a $245,000 loan to pay for your degree? Good news, the Department of Education wants you to know that "your payment could be as low as $0 a month!"

 
Tyler Durden's picture

In Blow To Obama's Iran Deal Hopes, Key Democrat Defects





GOP Presidential hopefuls expressed plenty of distaste for the Iran nuclear deal during last night’s debate, but it was the voice of a Democrat that mattered most on Thursday evening as Chuck Schumer, the influential Jewish Senator from New York, came out in opposition to the accord.

 
Tyler Durden's picture

Meet Solyndra 2.0: This US-Taxpayer-Subsidized Spanish "Renewables" Firm Is Collapsing





News that bonds and stocks of Abengoa SA - the Spanish renewable-energy company - plunged after a plan to shore up capital failed to reassure investors that it can stop burning cash is likely to have passed many by. But coming just one day after President Obama unleashed his Clean Power Plan, the fact that the company received over $230 million in US taxpayer subsidies in 2014 - despite two ongoing federal investigations - may raise an eyebrow or two as images of Solyndra's government-sponsored farce come to mind.

 
Tyler Durden's picture

Obama's Climate Fascism Is Another Nail In The Coffin For The U.S. Economy





Is Barack Obama trying to kill the economy on purpose? He promised to fundamentally transform America, and he is doing it in hundreds of different ways.  These new greenhouse gas regulations are just one example.  Our nation is being gutted like a fish, and most Americans don’t seem to care. What in the world will it take for this country to finally wake up?

 
Tyler Durden's picture

President Obama Explains How His "Clean Power Plan" Does Not Make Him "Nation's Greatest Destroyer" - Live Feed





Ironically on the day when another coal company collapses into bankruptcy, President Obama begins the pitch for his "Clean Power Plan" which Murray Energy CEO Robert Murray described as "biazrre", blames for the collapse in the coal industry, and has now filed five federal lawsuits against the president who Murray believes is "the nation's greatest destroyer."

 
Tyler Durden's picture

Where Candidates Fear To Tread - Pervasive Racketeering Is Destroying America





In this moment of history there is an astounding lack of seriousness among people who pretend to be political heavyweights. No one so far has nailed a proper bill of grievances to the White House gate. A broad roster of dire issues facing this society ought to be self-evident. But since they are absent so far in the public discussion, here is our list of matters that serious candidates should dare to talk about (all things that a sitting president could take action on)...

 
Tyler Durden's picture

Obama Authorizes "Defensive" Airstrikes Against Assad Regime In Syria





"President Barack Obama has authorized using air power to defend a new U.S.-backed fighting force in Syria if it is attacked by Syrian government forces or other groups, raising the risk of the American military coming into direct conflict with the regime of President Bashar al-Assad," WSJ reports.

 
Tyler Durden's picture

Another One Bites The Coal Dust - Alpha Natural Files For Bankruptcy





Amid the collapse in coal prices, not helped by the 'China situation' and President Obama's nudge, WSJ reports that the ailing US coal just got another black eye as Alpha Natural Resources is expected to file for chapter 11 bankruptcy protection early Monday to cut its more than $3 billion debt load. After four straight annual losses, Alpha - one of America's largest coal producers - has secured $692mm in DIP financing as it prepares its restructuring plan expected to sell some of the best mines and shutter others. It appears the Arch Coal's CEO's ominous words last week were prophetic - “Coal markets are as difficult as I’ve seen them during my 30 years in the industry."

 
Tyler Durden's picture

The Real Story Behind Turkey's US-Backed "War On Terror"





To let the media tell it, recent "attacks" - including a suicide bombing that killed 32 people earlier this month - have prompted Turkey to officially join the fight against ISIS. In reality, Ankara's motivations can be explained not by a desire to rid the world of "terrorists", but by considerations of political expediency and by an autocrat's insatiable thirst for power.

 
Tyler Durden's picture

New York Mayor de Blasio Demands A Federal Bailout For Puerto Rico





While the Puerto Rican creditors' bargaining power on the island is to put it mildly, negligible, especially after the budget director made the imminent default into a crusade of poor versus rich, saying he won’t redirect cash from its operating budget to make debt payments, an unexpected supporter has emerged thousands of miles from the beleaguered island: New York's socialist mayor Bill DeBlasio. As CBS reports "New York City Mayor Bill de Blasio demanded President Obama and Congress immediately come to the island's fiscal rescue." "It's the federal government's obligation to act, because they can't stand idly by and watch Puerto Rico fail," de Blasio told a crowd of hundreds of Puerto Rico boosters gathered on the steps of City Hall.

 
Tyler Durden's picture

President Obama Explains Where "The Economy Is Booming" (In 1 Cartoon)





Finally, an economic growth strategy...

 
Tyler Durden's picture

White House Denies Snowden 'Pardon' Petition, Warns "We Are Living In A Dangerous World"





After two years and a massive 167,000 signatures, FirstLook reports that The White House has officially denied a hugely popular whitehouse.gov petition calling for NSA whistleblower Edward Snowden to be “immediately issued a full, free, and absolute pardon,” saying thanks for signing, but no, stating that "Mr. Snowden’s dangerous decision to steal and disclose classified information had severe consequences for the security of our country and the people who work day in and day out to protect it." While acknowledging that "this is an issue that many Americans feel strongly about," Lisa Monaco, President Obama’s advisor on homeland security and terrorism, said in a statement, "we live in a dangerous world."

 
Tyler Durden's picture

Obama: "I Think I’m A Pretty Good President. I Think If I Ran Again, I Could Win"





"Now, let me be honest with you," Obama said. "I am in my second term. It has been an extraordinary privilege for me to serve as the President of the United States. I cannot imagine a greater honor or a more interesting job. I love my work. But under our Constitution, I cannot run again." He then added: "I actually think I’m a pretty good president. I think if I ran, I could win. But I can’t. So there’s a lot that I’d like to do to keep America moving, but the law is the law."

 
Tyler Durden's picture

A Disaffected Democrat Deplores His Potemkin Party Of Populism





This period of history resembles the 1850s in America in two big ways: 1) our society faces a crisis, and 2) the existing political parties are not up to the task of comprehending what society faces. In the 1850s it was the Whigs that dried up and blew away (virtually overnight), while the old Democratic party just entered a 75-year wilderness of irrelevancy. God help us if Trump-o-mania turns out to be the only alternative.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!