Edward Klein writes: Publicly, Obama has remained noncommittal on the 2016 race, but privately he worries that Clinton would undo and undermine many of his policies. Theres also a personal animosity, especially with Bill Clinton, that dates from their tough race six years ago.” I would say the first red flag here is that Obama, despite having initially campaigned from the left, has governed (to thefrustrationof some) largely from the center. This is where Hillary perches. This idea that a Clinton presidency would “undo and undermine” the president’s policies just seems silly. However, the first real red flag seems to be the author himself, who has taken some artistic license in writing about the Clintons before. Here’s Paul Janensch on Klein’s bookThe Truth About Hillary.
Obama Takes Aim at the Heart of Wall Street: Bonuses – Businessweek
Right now, if you are in one of the big banks, the profit center is the trading desk, and you can generate a huge amount of bonuses by making some big bets; you will be rewarded on the upside. If you make a really bad bet, a lot of times youve already banked all your bonuses. You might end up leaving the shop, but in the meantime everybody else is left holding the bag. Now what weve been able to do is to try to prevent taxpayers from being the folks who are left holding the bag. But its still not a real efficient way for us to run a financial system.
Obama, Germany’s Merkel consult on Ukraine – Yahoo News
Secretary of State John Kerry dismissed the op-ed with this: This is the man who took us into Iraq saying this? Please. Even some within the Republican establishment have criticized Cheney. Rand Paul, a presumptive GOP presidential candidate in 2016, said that Cheney was to blame for the violence in Iraq, not Obama. Megyn Kelly, a host of Fox News, slammed Cheney for the suggestions made in The Journal piece. Time and time again, history has proven that you got it wrong as well in Iraq, sir. You said there was no doubt Saddam Hussein had weapons of mass destruction. You said we would be greeted as liberators, Kelly said to Cheney .
Dick Cheney’s Swipe at Obama Divides the GOP – Yahoo News
Done Obama, Germany’s Merkel consult on Ukraine July 3, 2014 7:38 PM 0 shares . View photo U.S. President Barack Obama loosens his tie in the heat before he delivers remarks on the economy at WASHINGTON (Reuters) – President Barack Obama consulted by phone on Friday with German Chancellor Angela Merkel and agreed to keep up the pressure on Russia to defuse the crisis in Ukraine or face more economic sanctions. The United States and the European Union have threatened to ratchet up sanctions against the Russian economy unless Moscow reins in pro-Russian separatists in eastern Ukraine that are fighting the Ukraine government. Moscow denies supporting them. A White House statement said Obama and Merkel expressed their support for diplomatic efforts that are trying to arrange a new ceasefire in eastern Ukraine.
The Obama Administration’s “Gainful Employment” Regulations Discriminate against the Private Sector in Higher Education – Forbes
The regulations have come under criticism from the GOP and others, resulting in debates that edged on comical, including if pizza sauce is a vegetable. Now, a new bill to fund the Department of Agriculture also comes with provision to allow districts to take a pass on the nutritional standards for one year, a measure First Lady Obama says will undermine the 2010 act. Michelle Obama said in an op-ed piece for the New York Times, Remember a few years ago when Congress declared that the sauce on a slice of pizza should count as a vegetable in school lunches? You dont have to be a nutritionist to know that this doesnt make much sense. Yet were seeing the same thing happening again with these new efforts to lower nutrition standards in our schools.
Michelle Obama Continues To Fight For Healthier School Lunches, Despite Critics
This fight illustrates why government intervention is so corrupting. I dont like any federal subsidies to education, free whether for K-12 or for higher education. I dont care whether the subsidies are for government schools, non-profit private schools, or for-profit private schools. So I would like to cut off loans, grants, and other funds to for-profit schools, but that should happen at the same time that handouts also are being eliminated for other types of schools (Tim Carney has a very good explanation of why there are no good guys in this fight). Let me close with an analogy.