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Pres. Barack Obama's Next Move - Page 57

Obama Raises Record Sums from the Wealthy
By Patrick Martin

Proving that President Obama is the first choice of Wall Street and the American super-rich, his reelection campaign announced Wednesday that it had broken all previous records for fundraising, raking in $86 million during the second quarter of this year. Ref. Source 8

Move Obamas Barack Pres

President Obama would agree to a short-term extension of the federal debt ceiling if there is agreement on a significant deficit reduction plan by Democrats and Republicans that needs more time to be passed by Congress, White House Press Secretary Jay Carney said Wednesday.

Obama has steadfastly opposed a short-term deal, going as far as to threaten to veto any legislation that contained such provisions. But Obama declared a long-term deficit-reduction plan unveiled Tuesday by the bipartisan "Gang of Six" senators consistent with his approach to solving the problem. Senate Democratic leaders say that further negotiations on that plan are needed to work out the deal and it would not get through Congress before the country reaches its debt ceiling on August 2. Ref. CNN

Pres. Barack Obama's Next Move History & Civil Business Politics

President Obama's approval rating falls to 45%, driven in part by dissatisfaction from the left with Obama's track record, a new CNN/ORC International poll released today suggests.

The new poll shows that 38% disapprove of Obama because he has been too liberal, but 13% percent say he has not been liberal enough, nearly double those who felt that way in May. His approval rating among liberals is at 71%, an all-time low for his presidency. Overall, those who disapprove of Obama is at 54%, tying an all-time low hit just before November's midterm elections.

Poll respondents' negative opinions weren't reserved just for the president, though -- 55% of all Americans have an unfavorable view of the Republican Party, a 7-point increase since March. And only 37% feel the GOP's policies would move the country in the right direction, a 9-point drop since the start of the year. Ref. CNN

Page 57 Move Obamas Barack Pres

President Barack Obama endorsed a debt-ceiling proposal by Senate Majority Leader Harry Reid that would cut government spending by $2.7 trillion and increase the federal borrowing limit through 2012, the White House said.

Republican aides revealed details on a competing plan that House Speaker John Boehner is moving forward with separately; it would aim for roughly $3 trillion in cuts and raise the debt ceiling in two stages.

Democrats and Republicans are at an impasse on a deal to raise the nation's debt limit. Without an agreement in place by August 2, the U.S. Government risks defaulting on some of its debt obligations. Ref. CNN

Move Obamas Barack Pres

Obama says it's 'tempting' to be a dictator

President Obama spoke to the Latino group La Raza this week and there was quite a telling exchange during the speech. Obama said it's 'tempting' to just take over and do things himself - in other words, be a dictator like Hugo Chavez. Even more disturbing than Obama testing the waters with his dictatorial fantasies was the reaction of the crowd - thunderous applause. Ref. Source 6

Pres. Barack Obama's Next Move

Crisis Again?

President Obama said Friday that the House GOP debt plan "would force us to relive this crisis in just a few short months. It does not solve the problem and has no chance of becoming law," he said. The country needs a bipartisan solution, Obama said. He urged Senate Democrats and Republicans to work together to reach a compromise. "This is not a (situation where) the two parties are miles apart." Ref. CNN

Pres. Barack Obama's Move - Page 57

Obama makes statement following congressional action on debt ceiling

On the verge of signing the bill approved by the Senate today, President Obama called on leaders in Washington to refocus their efforts on creating jobs. Ref. USAToday

Pres. Barack Obama's Move Politics Business Civil & History - Page 57

Obama celebrates in grand style while economy continues to burn

The Dow tanked over 500 points, unemployment is still crappy, Europe and the rest of the world (including America) is coming apart at the seams -- but none of that could put a damper on Obama's star studded birthday bash! Don't worry - they knew that turning the White House into a night club wouldn't be the best PR move during these tough economic times, so they closed it to the press and no pictures. Ref. Source 3