ADDIS ABABA, Ethiopia (AP) — President Barack Obama unleashed a blistering and belittling rebuke of Republican White House hopefuls Monday, calling their attack on his landmark nuclear deal with Iran "ridiculous if it weren't so sad."
After an unprecedented surge in Chinese attempts to stimulate the economy in late 2015, mostly on the fiscal side, coupled with recent monetary easing by the PBOC which cut the banks' reserve ratio recently and unleashed a tsunami of new loan creation in January, many expected that this unprecedented credit impulse would translate into at least a modest rebound for the economy, prompting a stable pick up in spending for the economy which many are touting is now consumer-spending driven as opposed to export and production.
The Obama administration on Friday announced two new executive actions aimed at strengthening the federal background check system. The two new moves on gun control are further proof that President Barack Obama will continue to go ahead with any and all possible moves on guns. It also signals that, for the foreseeable future in Congress, any new measures on gun control are dead.
TORONTO — Compare oil production growth from Canada’s oil sands plus nearby tight-oil fields, versus pipeline infrastructure needed to transport it to consumers, and you see why Canada’s energy sector is sweating bullets.
If supplies continue to rise as expected, pipeline capacity will run out around 2015/2016, when combined production from the oil sands and the Bakken tight-oil field surpasses four million barrels a day. When production hits six million barrels a day in a decade, capacity would run out again even if all proposed pipeline plans are approved and built.
HARTFORD, Conn. — With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he’s “determined as ever” to honor their children with tougher laws.
NEWPORT NEWS, Va. — No progress to report in efforts to stave off looming government-wide spending cuts, President Barack Obama on Tuesday singled out for praise the few Republicans who say they’re open to aspects of his approach, seeking to turn up the heat on GOP leaders ahead of Friday’s deadline.
“Taxation without representation” says the text under the Washington, DC license plate of President Obama’s inaugural limo. Citizens of DC argue they are not represented when the Congress decides on their taxes. One has to ask how well the rest of us are represented. We will get to that with some detail in a moment.