National Debt By President


5/16/11 Rachel Maddow Blog. Chart by Rick Seaman of Portland, Oregon.

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U.S. Sees First Debt Reduction Since 2007 as Revenue Rises

Apr 29, 2013 1:41 PM PT By Meera Louis – bloomberg

The U.S. Treasury Department (USGG10YR) projected it will reduce government debt this quarter for the first time in six years as tax receipts exceed forecasts and spending diminishes.

The pay-down in net marketable debt was estimated at $35 billion in the April-June period, compared with a projection three months ago for net borrowing of $103 billion, the department said in a statement today in Washington. Treasury officials also see net borrowing of $223 billion in the quarter starting July 1. The estimates set the stage for the department’s quarterly refunding announcement on May 1, when debt issuance plans will be released.

A sustained economic expansion and across-the-board spending cuts known as sequestration may help deliver the first net decline in debt since 2007, when the government lowered borrowing by $139 billion before the global financial crisis spawned the worst recession since the 1930s. While the economy’s strength is helping boost tax revenue, total U.S. public debt outstanding is approaching $17 trillion.

“This is a substantial revision,” said Thomas Simons, a government debt economist at Jefferies LLC in New York. Still, “it is possible that Treasury will take a wait-and-see approach in evaluating the sustainability of the recent surge in tax receipts before making adjustments” to debt auctions, he said.

For more: http://www.bloomberg.com/news/2013-04-29/treasury-says-it-will-pay-down-35-billion-in-debt-this-quarter.html

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70 Responses to National Debt By President

  1. CR says:

    WH

    Tuesday May 17, 2011

    All Times Eastern

    7:00 AM
    7:45 AM
    The Vice President hosts a breakfast meeting with Secretary of State Hillary Clinton.

    8:00 AM
    9:00 AM
    10:00 AM
    The Vice President meets with His Majesty King Abdullah II of Jordan.

    10:30 AM
    The President receives the presidential daily briefing.

    11:00 AM
    11:15 AM
    The President meets with His Majesty King Abdullah II of Jordan.

    12:00 PM
    12:05 PM
    The President and and His Majesty King Abdullah II of Jordan deliver statements to the press.

    12:30 PM
    The President and the Vice President meet for lunch.

    1:00 PM
    Press Secretary Jay Carney briefs the press.

    2:00 PM
    2:50 PM
    The President hosts a White House reception in honor of Jewish American Heritage Month.

    3:00 PM
    4:00 PM
    4:30 PM
    The President and the Vice President meet with Secretary of Defense Robert Gates.

    5:00 PM
    6:00 PM

    • CR says:

      POTUS podium

      May 17, 2011

      WhiteHouse.gov http://www.whitehouse.gov/live

      1:00 PM EDT
      Press Secretary Jay Carney briefs the press.

      2:15 PM EDT
      Maccabeats Performance – The White House

      2:50 PM EDT
      The President hosts a White House reception in honor of Jewish American Heritage Month.

      6:30 PM EDT
      YES: Young Entrepreneur Summit
      SBA Deputy Administrator Marie Johns and Kalpen Modi join young entrepreneurs at General Assembly in New York City during National Small Business Week.

      —-

      CNN http://live.cnn.com

      9:30 AM EDT
      Senate Foreign Relations Committee: Gen. James Jones (Ret.) on Pakistan

      10:00 AM EDT
      Senate oil and gas hearing

      Interior Secretary Ken Salazar and others testify on initiatives to improve oil and gas production on federal lands and in the Outer Continental Shelf (OCS) at a hearing of the Senate Energy and Natural Resources Committee.

      10:00 AM EDT
      U.S. Senate: Nomination of Susan Carney to 2nd Circuit Court of Appeals

      11:30 AM EDT
      Senate Dems promote first responders bill
      Five Senate Democrats call on their colleagues to pass legislation that, if passed, would provide first responders with the communications capabilities needed to do their jobs.

      1:00 PM EDT
      White House Press Secretary Jay Carney briefs the press.

      1:00 PM EDT
      NASA talks Aquarius mission
      NASA discusses its next Earth-observing satellite mission, expected to launch June 9. The Aquarius instrument is slated to make global measurements of the salinity of the ocean surface.

      1:15 PM EDT
      State Department briefing
      The State Department holds its daily briefing with reporters. Topics expected to be discussed include the arrest of Dominique Strauss-Kahn, the conflicts across the Middle East and North Africa, and the fallout over Osama bin Laden’s death.

      2:30 PM EDT
      Public health emergency hearing
      The Senate Health Committee holds a hearing on current procedures and preparations for addressing medical and public health emergencies.

      2:50 PM EDT
      The President hosts a White House reception in honor of Jewish American Heritage Month.

      CSPAN http://www.cspan.org/

      9:30 AM EDT
      Senate Foreign Relations Committee: Gen. James Jones (Ret.) on Pakistan http://www.cspan.org/Events/Senator-Kerry-Holds-Hearing-on-Pakistan/10737421580/

      10:00 AM EDT
      Senate oil and gas hearing

      Interior Secretary Ken Salazar and others testify on initiatives to improve oil and gas production on federal lands and in the Outer Continental Shelf (OCS) at a hearing of the Senate Energy and Natural Resources Committee. http://www.cspan.org/Events/Lawmakers-Address-High-Gas-Prices/10737421569/

      10:00 AM EDT
      U.S. Senate: Nomination of Susan Carney to 2nd Circuit Court of Appeals http://www.c-spanvideo.org/program/299559-1

      10:15 AM EDT
      Rail Security and Funding to be Scrutinized at Congressional Hearing http://www.cspan.org/Events/Rail-Security-and-Funding-to-be-Scrutinized-at-Congressional-Hearing/10737421581/

      11:30 AM EDT
      Senate Dems promote first responders bill
      Five Senate Democrats call on their colleagues to pass legislation that, if passed, would provide first responders with the communications capabilities needed to do their jobs.

      12:30 PM EDT
      The Economy and Our Fiscal Challenge Speaker: Treasury Secretary Tim Geithner Intro & welcome: Alex Jones, Director of the Shorenstein Center at Harvard http://www.c-spanvideo.org/program/299568-1

      1:00 PM EDT
      White House Press Secretary Jay Carney briefs the press. http://www.c-spanvideo.org/program/299565-1

      1:15 PM EDT
      State Department briefing
      The State Department holds its daily briefing with reporters. Topics expected to be discussed include the arrest of Dominique Strauss-Kahn, the conflicts across the Middle East and North Africa, and the fallout over Osama bin Laden’s death. http://www.c-spanvideo.org/program/299566-1

      2:30 PM EDT
      Public health emergency hearing
      The Senate Health Committee holds a hearing on current procedures and preparations for addressing medical and public health emergencies.

      2:50 PM EDT
      The President hosts a White House reception in honor of Jewish American Heritage Month.

      Department of Defense http://www.defense.gov/live/

      1:45 PM EDT
      Adm. Mullen, Chinese General to Brief Reporters
      Navy Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, and Gen. Chen Bingde, chief of the Chinese army’s general staff, brief reporters on discussions by the two counterparts.

      Middle East Protest

      Al Jazeera – English http://english.aljazeera.net

    • CR says:

      President Obama deals with the aftermath that the extreme weather disasters leave on the U.S., the inherited debt, the inherited wars, the inherited problems dealing with foreign aggressors such as N. Korea, Iran, China and Russia, a shinking US job market caused by US companies outsourcing work to foreign nations.

      He knew what he was getting into and still decided to run for President. What he did not know that a portion of the people (the unrealistic dreamers) who worked and voted for him would be crying foul because everything wrong in their lives was not fixed fast enough for their liking; those people will not stand with him now that America is in the middle of battle of woes. But we sensible people who saw what hard times were on the horizon will stand with him even during the hard times.

    • CR says:

      Debt Struggles As Old As America Itself

      4/5/12 FreshAir from WHYY

      (Excerpts)

      As of today, the national debt held by the public is more than $10 trillion. That’s more than $30,000 for every man, woman and child living in the United States.

      We might think heated debates about the national debt are a relatively new phenomenon, but in fact, they stretch back all the way to the earliest days of the Republic, says economist Simon Johnson. His new book, White House Burning, co-written with James Kwak, traces the history of the national debt from America’s earliest days, when the nation started out in dire financial shape.

      “In fact, it was essentially bankrupt,” Johnson tells Fresh Air’s Dave Davies. “It was in default on its debt. There wasn’t a stable, robust source of revenue.”…..

      HIGHLIGHTS

      * The normal way to fund deficits are to issue bonds which amount to real borrowing from real assets from entities which we must repay with interest at some future date from tax revenues

      * Average maturity of debt is usually four years

      * The National debt is currently at 15 trillion and is held by social security and medicare trust funds

      * The true debt of the US or the tax payers is called the ‘Debt Held By The Public’ ; which is currently 10 trillion

      * The national debt s/b 50% of annual out put of the GDP

      *Alexander Hamilton economic system and the operating system of the fiscal policy is to raise debt when you need to and to bring it down when you can

      * When you have a financial crisis and the banks collapse like the 2008 where banks collapse that will typically trigger a depression, that was exactly the experience in the US and Europe in 2008, you get a big deficit because the revenue has dropped, you may cut spending or not, it does not matter the big item for deficits was the loss of revenue.

      * Regan started out saying that he wanted to bring the deficit down and cut taxes and have bigger military spending well the combination did not work very well and what he settled for was hight military spending and lower taxes, a bigger deficit and there was a mini deficit crisis in the mid 1980-‘s to which Regan answered with compromise and tax reform and raising tax revenue

      The most important suggestions that need to be taken are to
      :

      * Re-establish (increase it to back to the 1990’s) the revenue base

      * Keep social security and medicare where they are and fund them properly with revenue

      * End Bush Era Tax Cuts

      For the entire article and audio interview: http://www.npr.org/2012/04/05/149394336/debt-struggles-as-old-as-america-itself

      • CR says:

        The drivers of our debt

        May 15, 2012 By Steve Benen – maddowblog

        About a year ago, Rep. Michael Grimm (R-N.Y.) hosted a town-hall meeting with some constituents, one of whom said Bush-era policies are largely responsible for the current budget deficit. The Republican didn’t take the news well.

        “This year’s deficit is due to George Bush? That’s insanity!” Grimm said. He added, “That’s insane.”

        I can appreciate why Grimm’s pushback might resonate with some folks. George W. Bush left office more than three years ago, so it may seem as if today’s problems no longer have anything to do with him. Why blame Bush for Obama-era deficits? Grimm, who routinely struggles to understand the basics of current events, was incredulous, and I suspect plenty of Republicans agree.

        But reality isn’t “insane,” and the facts are incontrovertible. Sahil Kapur published this chart this morning.

        us_debt_causes

        For more: http://maddowblog.msnbc.msn.com/_news/2012/05/15/11715914-the-drivers-of-our-debt?lite

      • CR says:

        The spending surge that never happened

        May 22, 2012 By Steve Benen – maddowblog

        The notion that federal spending soared after President Obama took office is one of those “facts” that the political world just accepts implicitly. Republicans have repeated the claim so often (and so loudly) that it’s no longer even questioned. Indeed, Mitt Romney promises to “stop the excessive overspending” on a nearly daily basis.

        But MarketWatch’s Rex Nutting took a closer look at the assumption that many assume is true, but isn’t. (The MarketWatch piece included this great chart, too.)

        1982-2012_us_pres_fed_spending

        Government spending under Obama, including his signature stimulus bill, is rising at a 1.4% annualized pace — slower than at any time in nearly 60 years.

        But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s…. There has been no huge increase in spending under the current president, despite what you hear.

        It matters, of course, that a political myth is accepted as fact, especially when it’s likely to be one of the driving messages of the 2012 campaign.

        For more: http://maddowblog.msnbc.msn.com/_news/2012/05/22/11814072-the-spending-surge-that-never-happened?lite

        • CR says:

          GOP WRONG WAY

          How Mitt Romney gets away with his lying

          5/16/12 By Greg Sargent washingtonpost

          Yesterday, Mitt Romney gave a big speech in which he accused Obama of lighting a “prairie fire of debt.” It’s a good line, and it has received widespread media coverage.

          Romney’s speech has already been dissected by Jonathan Chait and Steve Benen. They note that it’s entirely at odds with conventional understanding of how deficits work, and utterly disconnected from context, rendering it almost unquantifiably misleading.

          But I wanted to make another point. If you scan through all the media attention Romney’s speech received, you are hard-pressed to find any news accounts that tell readers the following rather relevant points:

          1) Nonpartisan experts believe Romney’s plans would increase the deficit far more than Obama’s would.

          2) George W. Bush’s policies arguably are more responsible for increasing the deficit than Obama’s are.

          Oh, sure, many of the news accounts contain the Obama campaign’s response to Romney’s speech; the Obama campaign put out a widely-reprinted statement arguing that Romney’s plans would increase the deficit and that he’d return to policies that created it in the first place.

          But this shouldn’t be a matter of partisan opinion. On the first point, independent experts think an actual set of facts exists that can be used to determine what the impact of Romney’s policies on the deficit would be. And according to those experts, based on what we know now, Romney’s policies would explode the deficit far more than Obama’s would.

          The nonpartisan Tax Policy Center has taken a close look at this question. It has determined that relative to current policy — that is, if you keep the Bush tax cuts in place, as Romney wants to do — Romney’s tax cutting plans would increase the deficit by nearly $5 trillion over 10 years. That’s on top of keeping the Bush tax cuts for the rich. Romney has promised to close various loopholes to pay for his tax cuts, but he hasn’t specified which ones. Until he does, the Tax Policy Center concludes, his plan would cost $5 trillion — which would be added, yes, to the deficit.

          By contrast, Obama’s plans would not increase the deficit by anything close to that amount. Relative to current policy, the Tax Policy Center has found, Obama’s plan would reduce the deficit by approximately $2 trillion over the next decade. Now, under Obama, the deficit would still increase. That’s because current policy means we’re forgoing the $4.5 trillion in revenues we’d gain if we let all the Bush tax cuts expire. But neither candidate is going to do that. Obama, however, would end the Bush tax cuts for the rich and bring in revenues through a variety of other tax increases. Bottom line: relative to current policy, Obama’s plan would reduce the deficit by bringing in $180 billion or more in revenues a year, or approximately $2 trillion over 10 years; Romeny’s plan would increase the deficit by nearly $500 billion a year — $5 trillion over ten years.

          The Tax Policy Center’s Roberton Williams summed it up perfectly in a quote to me:

          “The bottom line is that whatever baseline you use, until Romney makes good on his promise to pay for his tax cuts, he would increase the deficit far more than Obama would.”

          For more: http://www.washingtonpost.com/blogs/plum-line/post/why-mitt-romney-gets-away-with-his-lying/2012/05/16/gIQADLzyTU_blog.html

  2. CR says:

    Jordan’s king to meet Obama, Britain’s Cameron

    May 10, 2011 – AP

    AMMAN, Jordan – Jordan’s royal palace says King Abdullah II will hold talks with U.S. President Barack Obama next Tuesday in Washington.

    A statement says the talks at the White House will focus on the uprisings that have engulfed the Mideast. His visit to Washington will be preceded by a meeting in London this Thursday with British Prime Minister David Cameron.

    Tuesday’s statement said the resumption of Palestinian-Israeli talks will also figure high in Abdullah’s discussions.

    Abdullah has faced protests demanding that he loosen his absolute control over the kingdom. However, they have not demanded his removal.

  3. CR says:

    President Obama Hosts Reception For Jewish American Heritage Month

    MAY 16, 2011 obamafoodorama.blogspot.com
    By Presidential proclamation, May is Jewish American Heritage Month, and on Tuesday, President Obama will welcome luminaries from the arts, lawmakers, Supreme Court Justices, and community activists to the White House for a reception. It will feature Kosher food and performances, and is a social event that carries deep political overtones.

    The reception is the second time the President has hosted a shindig to mark Jewish American Heritage Month; at last year’s reception, baseball great Sandy Koufax was one of the special guests (above, with the President). This year, the reception comes as work for comprehensive peace in the Middle East has stalled, and events in the region are hitting critical mass, following the death of Osama bin Laden and the Spring revolutions in Arab countries.

    Earlier in the day on Tuesday, President Obama will welcome His Majesty King Abdullah II of Jordan to the White House, for a closed-press meeting. On Thursday, the President will make a major speech on US-Arab relations at the State Department. On Friday, Israeli Prime Minister Benjamin Netanyahu will meet with the President at the White House.

    For the entire article: http://obamafoodorama.blogspot.com/2011/05/tuesday-president-obama-hosts-reception.html

  4. CR says:

    Good Tuesday morning everyone! I HOPE that you have a good day! :)

  5. Good morning CR and everyone. HOPE you all have a terrific Tuesday.

    Please join me in lighting a candle for our President, First Family and the Nation.

    http://www.gratefulness.org/candles/candles.cfm?l=eng&gi=PBO

  6. CR says:

    May 16, 2011

    Remarks by the President at a DNC Event

    St. Regis

    Washington, D.C.

    6:59 P.M. EDT

    THE PRESIDENT: Thank you, everybody. Thank you. (Applause.) Well, it is wonderful to see so many old friends and a few new friends here. Let me, first of all, say that you don’t have to sleep my campaign, but the eating and breathing part I agree with. (Laughter.)

    Let me tell you, I feel extraordinarily confident, in part because of the great friends here who — some of you have been with me since 2007, when nobody could pronounce my name. (Laughter.) I also feel enormous confidence because we have an extraordinarily dynamic new DNC chair in Debbie Wasserman Schultz. And I think she is going to do an outstanding job. (Applause.) So we are very proud of her.

    I want to spend most of my time just having a conversation with you. But I thought maybe I’d tell you a little bit about the trip that I took today. I went to Memphis, Tennessee. And some of you may know Memphis has gone through some tough times. They had flooding that had displaced about 1,500 people. And so we had a chance to meet with some folks whose homes had been overrun with water. And they described, apparently with water comes frogs and snakes. I didn’t realize the snake part. Michelle would not have been happy — (laughter) — to know that there were snakes along with this water.

    But what was remarkable was how the community had come together and they had organized over a hundred churches to help take people in. And we met with some of the first responders, some of whom were volunteers. And it was an extraordinary testimony to the American spirit.

    For the entire article: http://www.whitehouse.gov/the-press-office/2011/05/16/remarks-president-dnc-event-0

  7. CR says:

    May 16, 2011

    Remarks by the President at a DNC Event

    Capital Hilton

    Washington, D.C.

    8:21 P.M. EDT

    THE PRESIDENT: Hello, everybody! Thank you. Thank you. Thank you, everybody. Thank you.

    Well, it is good to see all of you here tonight. (Applause.) What an incredible honor to be introduced by Ernie Green. Please give Ernie Green a big round of applause. (Applause.) I would not be standing here today were it not for people like Ernie Green.

    And how about my new DNC chair, Debbie Wasserman Schultz (Applause.) She is tireless — tireless. And she’s got the most adorable kids, and I don’t know how she keeps up with everything. (Laughter.) But as Michelle said, if you want something done, put a woman in charge. (Applause.) So — all right, everybody got — women, you got a little too excited on that. (Laughter.)

    You know, I’ve been thinking a lot lately about this campaign gearing back up, and obviously it evokes memories of 2008. And I think back to that night in Grant Park when all the work, all the traveling through Iowa, all the stops by diners and in folks’ living rooms, and in barns in some cases — (laughter) — had all culminated in this incredible moment — a moment that was less about me than it was about the American people and the commitment that we made to each other; that we wanted a country that was true to its founding ideals, but had adapted to a new century; an America that was big in spirit and bold in vision.

    And I said on that night that this wasn’t the end, but rather it was the beginning — because what we understand even then was that our country had reached a crossroads. That we had a series of decisions that were going to help determine the future not just of our children, but our grandchildren and our great grandchildren. That we were living in an age in which the world had shrunk, it had become more interconnected than ever before, and that if we did not make some critical decisions now, if we stopped just kicking the can down the road, but we decided that we were actually going to seize the moment, transform our education system and finally fix our health care system, and deal with our energy policy so that we were no longer subject to the whims of the spot oil market, and if we didn’t transform our foreign policy to recognize the visions and dreams of billions of people around the world who were yearning to be free — if we didn’t make some fundamental changes, that we might be the first generation that was passing on an America that was less hopeful, that was less generous, and that all those people who felt the American Dream slipping out of their fingers, that somehow that loss of hope would continue.

    For the entire article: http://www.whitehouse.gov/the-press-office/2011/05/16/remarks-president-dnc-event

  8. CR says:

    US Rep. Giffords picks wake-up song for shuttle

    5/17/11 By SETH BORENSTEIN, AP Science Writer

    CAPE CANAVERAL, Fla. – Wounded U.S. Rep. Gabrielle Giffords helped start the first full work day in space for her husband and the crew of the space shuttle Endeavour with the song: “Beautiful Day” by U2.

    It’s the same song Giffords sent as a wake-up call to Mark Kelly in 2006 when they were just dating. But this time the message-of-hope lyrics seemed to have a special meaning given her recovery from being shot in the head Jan. 8 in Arizona.

    This time the song was from Giffords and Kelly’s two daughters.
    “It’s good to be waking up in space again,” Kelly radioed back to Earth. “I want to thank Gabby, Claudia and Claire for that great wake up song. It’s always good to hear U2 and ‘Beautiful Day’ in space.”

    U2’s Bono, who came up with the lyrics, has said the song is about a man who has lost everything but finds joy in what he still has.

    For the entire article: http://goo.gl/rs4xk

    • CR says:

      Beautiful day U2 Live8

      Uploaded by tonyjeon on Dec 17, 2006

      Beautiful day U2 Live 8 – July 2nd 2005

  9. CR says:

    Geithner in the Big Apple

    May 17, 2011 economicpolicyjournal.com

    On Tuesday afternoon, Treasury Secretary Geithner will travel to New York City to deliver remarks laying out the economic case for the Obama Administration’s approach to deficit reduction at an event hosted by Harvard’s Joan Shorenstein Center on Press, Politics and Public Policy. In his remarks, Secretary Geithner will discuss the responsible path to

    In the evening, Secretary Geithner will participate in a discussion of lessons learned from the financial crisis and the challenges ahead. The panel will be moderated by Andrew Ross-Sorkin and Liaquat Ahamed at the Time Warner Center.

    On Tuesday morning, Deputy Treasury Secretary Neal Wolin will be in Sydney, Australia for a meeting to discuss international financial regulatory reform with representatives from some of Australia’s largest financial institutions. Later, the Deputy Secretary will depart Sydney for Kuala Lumpur, Malaysia.

    • CR says:

      Geithner: U.S. must deal with budget woes or pay more

      5/17/11 Glenn Somerville – Reuters

      WASHINGTON (Reuters) – Treasury Secretary Timothy Geithner said on Tuesday the country’s debt situation was so severe that Congress must deal with it or face the risk the country will be charged much higher interest rates to borrow.

      “There is no way of knowing how long financial markets will give the American political system to get ahead of this problem,” Geithner said in prepared remarks for delivery to the Harvard Club in New York. “When confidence turns, it can turn with brutal force and with a momentum that is very difficult and costly to arrest.”

      Geithner, who is in the midst of intense negotiations with congressional Republicans over a budget, said a Republican-backed version in the House of Representatives “will not pass the Congress, now or in the future.”
      He urged lawmakers on both sides to work on a plan that will bring deficits down “gradually but dramatically” over a three-to-five-year period. The intent would be to get the budget deficit down to below 3 percent of GDP from the current level of about 10 percent.

      “If we put our deficits on a path to get them below 3 percent of GDP by 2015 and hold them there, with reforms that politicians commit to sustain, then the federal debt held by the public will peak in the range of 70 to 80 percent of GDP, and then start to fall,” Geithner said.

      He said “debt caps” were needed to force politicians to take the actions needed for the country to begin living within its means.

      “To do this, we are working to negotiate a multiyear framework of debt caps and targets, with a substantial down payment of specific cuts and policy reforms,” Geithner added.

  10. CR says:

    Bobby Jindal praises President Obama on flood response

    5/17/11 JENNIFER EPSTEIN – POLITICO

    Louisiana Gov. Bobby Jindal, one of the leading critics of the Obama administration’s response to last year’s Gulf oil spill, says things are going much better as his state deals with flooding along the Mississippi river.

    “This has been a joint collaborative effort,” Jindal said in an interview Monday night on CNN, noting that federal agencies like FEMA, the Army Corps of Engineers and the Coast Guard are working well with the state and parishes to coordinate a response.

    For the entire article: http://www.politico.com/news/stories/0511/55107.html

  11. CR says:

    Senate to vote on oil tax bill Tuesday

    5/16/11 By Josiah Ryan – TheHill.com

    The Senate is set to vote Tuesday on the Democrats’ controversial bill that would cut the tax breaks received by the big five oil companies.

    Senate Majority Leader Harry Reid (D-Nev.) filed cloture Monday night on the legislation, which means it would come to a vote at 6:15 p.m. Tuesday evening.

    It must reach a 60-vote threshold to proceed in the legislative process. Democrats estimate that the bill will bring in about $21 billion in revenue over a decade and they vowed to use the money to pay down the nation’s $14.3 trillion deficit.

    Opposition among Republicans to the plan is strong and even some Democrats, such as Sen. Mary Landrieu (D-La.), also oppose it. It is unlikely the legislation will garner enough votes to reach cloture.

    Sen. Jeff Merkley (D-Ore.) said Monday night that Reid was forced to file cloture on the bill as Republicans had threatened to conduct a “silent-filibuster” if he attempted to bring it to the floor.

    For the entire article: http://thehill.com/blogs/floor-action/senate/161543-senate-to-vote-on-oil-tax-bill-tuesday

  12. jacquelineoboomer says:

    Good stuff, CR. And I really like Rachel’s chart.

    Here’s to a beautiful sunny day for all of us!

    • CR says:

      Good Tuesday morning Ms O’Boomer!

      Our area is in the third day of rain; snow up in the Sierras.

      • jacquelineoboomer says:

        Amazing weather patterns all around our country in any given month! Hope you get some sunshine soon, CR.

        BTW, if you haven’t seen it, Chris Matthews totally tore into the so-called Republican presidential contenders in his show Monday evening. I’m just watching my recording, and I applaud him! Haven’t watched Chris since last year because he’s so fickle, but as long as he puts the blame in the right area, I’m back watching.

        You might say he’s on probation with me (like he cares)!

    • CR says:

      Hardball with Chris Matthews – Let Me Finish..

      5/16/11 msnbc

      Let me finish tonight with the disastrous marriage of the Republicans and the Tea Party.

      Would anyone marry for hate rather then love? It is a hell of a question isn’t it? Terrible question. Why would why you ask it? Why on earth would anyone marry someone, hitch up with them, because of hatred?

      Well this is the exact problem of the Republican Party today. Getting married, hitched up politically, with the Tea Party but not because the Tea Party loves the Republican Party, don’t even think about that happening this week. No, the marriage between the Republicans and the Tea Party is based on hatred. Hatred of government, hatred of the Democrats, hatred of Barack Obama.

      What has love got to do with it? Zip, you’ve got to be kidding. Look at how the marriage is coming apart and you will see what it was based on. Look at the latest CNN poll…

      (Shown are the “Republican 2012 Primary Preference” showing the photographs of: Huckabee, Trump, Romney, Palin, Gingrich, Paul, Bachmann and Daniels).

      ..it’s got Donald Trump right up there near the top, just inches below Huckabee, the other guy just dropped out.

      Trump was running on one issue; how much trash talk he was able to say to Obama, “Wasn’t born here”, “Didn’t go to school here”, “By the way had grades” “Couldn’t write very well”, “A con artist”; all the imagery of anger in him. Anyone listening got the point. Look at how that rang the bell with Tea Partiers.

      Why don’t Romney, or Pawlenty or the other main stream Republicans talk like this the Tea Paritiers want to know, well because the same reason why the main stream media doesn’t, because it is not true. None of it. But the Tea Partiers can’t take it, the haters can’t take it and this is why they jumped for joy with Trump. He gave them exactly what they wanted to hear, exactly what Republican candiates, main stream candidates can’t say simply because it isn’t true, all of it is hate. And this is why the marriage is failing, why it is coming apart between the Republicans and the Tea Party because the Republican Party will not say what the Tea Party lives for, the hatred of government, hatred of the Democrats, hatred of President Barack Obama. They have to hear that he doesn’t just simply disagree with them, but that is not one of them. It is evil, it is hatred what works over there and that spells political death to the Republicans. So goodbye Trump and hello reality.

      If the Tea Paritiers vote for the Republican next November it is not going to be about love and it isn’t going to be a walk down the aisle together, it is going to come near the end and it is going to be “Damn it, I guess I have to vote for this guy because I hate Obama so much.” Not exactly a marriage made in heaven, in fact no marriage at all.

      That is Hardball for now. Thanks for being with us.

  13. CR says:

    Official: 4 journalists held in Libya to be freed

    5/17/11 By DIAA HADID, Associated Press

    TRIPOLI, Libya – Four journalists detained since early April have completed an administrative hearing and will be released Tuesday or Wednesday, a government spokesman said.

    Spokesman Moussa Ibrahim told The Associated Press on Tuesday that the four had appeared before a judge in an administrative court and were to be freed soon.
    Ibrahim gave their names as James Foley, who had been covering the conflict in Libya for the Boston-based news agency GlobalPost, and Clare Morgana Gillis, a freelance journalist who wrote for The Atlantic and USA Today.

    He also named Manu Brabo, a Spanish journalist picked up with Foley and Gillis on April 5 near the town of Brega.

    It was not immediately clear who the fourth journalist was.

    Photojournalist Anton Hammerl, who has South African and Austrian citizenships, went missing in Libya about the time the others were detained.

    Ibrahim said the four journalists were returned to detention following the hearing on charges that they “entered the country illegally,” suggesting they had not applied for and received visas before arriving to work in Libya.

    He also said that arrangements were being made for their repatriation. He did not know if they would be required to pay fines before leaving.

    “They should go home today or tomorrow at the latest,” Ibrahim said. “After the trial they were returned to external security — it’s like detention.”

    For the entire article: http://goo.gl/YzmzB

  14. CR says:

    Next Up…

    1:45 PM EDT
    Adm. Mullen, Chinese General to Brief Reporters
    Navy Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, and Gen. Chen Bingde, chief of the Chinese army’s general staff, brief reporters on discussions by the two counterparts.

    Department of Defense http://www.defense.gov/live/

  15. CR says:

    Gates Stresses U.S. Support Role in Libya

    May 16, 2011 By Donna Miles – American Forces Press Service

    WASHINGTON – The United States has no intention of putting boots on the ground in Libya and should not become militarily involved in unrest shaking Syria, Defense Secretary Robert M. Gates said in portions of an interview that aired on “The CBS Evening News” tonight.

    CBS anchorwoman Katie Couric spoke with the secretary over the last several weeks, and portions of those interviews aired on the “60 Minutes” program last night.

    Asked if the United States is at war with Libya, Gates said that from the U.S. standpoint, “we are involved in a limited, kinetic action.”

    “If I were in [Libyan strongman Moammar] Gadhafi’s shoes, I would think I was at war,” he added.

    Gates said “war” connotes what has taken place in Iraq and Afghanistan over the last several years. “Our goal right now [in Libya] is actually very limited,” he added. “It is basically a support role.”

    NATO has taken responsibility for enforcing the no-fly zone against Gadhafi’s forces, and some European nations are providing military advisors to the Libyan rebels. Gates emphasized that President Barack Obama “has been very, very clear” that he has no plans to deploy U.S. troops there.

    As to whether the United States should consider getting involved in enforcing a no-fly zone over Syria, where President Bashar Assad’s regime continues a crackdown on protestors, Gates said such decisions must be made on a case-by-case basis.

    “I don’t think the United States ought to be militarily involved in Syria at all,” he said. “I think it would be unlikely that any other country would want to take that on, either.”

    • CR says:

      Robert Gates: The soldiers’ secretary

      5/12/11 cbsnews

      (CBS News)
      It is not at all unusual to hear the Pentagon being criticized for its bloat, bureaucracy and spending binges. But what is surprising about the latest criticism is that it doesn’t come from an outsider with an anti-military agenda: It comes from the secretary of defense himself.

      Robert Gates has an impressive resume with more than 30 years of government service and he has just announced he is leaving next month.

      At the Pentagon, the defense secretary is called “Sec Def.” The title he might prefer is the Soldiers’ Secretary, because he says his top priority is the men and women in uniform – a priority, he says, that is often neglected by the Pentagon bureaucracy.

      Outgoing Secretary of Defense Robert Gates plays a revealing game of word association about the eight presidents he has served under.
      But first we wanted to learn more about the Special Forces raid that killed Osama bin Laden and what was going through the secretary’s mind as he watched it unfold with the president in the White House Situation Room.

      Read more: http://www.cbsnews.com/stories/2011/05/12/60minutes/main20062368.shtml?tag=currentVideoInfo;segmentTitle

      —-

      60 Minutes Video: http://www.cbsnews.com/video/watch/?id=7366124n&tag=contentMain;contentAux

  16. Kat 4 Obama says:

    Happy …uh… Tuesday? CR and all friends! (I’ve been under the weather.)

    >^..^<

    A big catch-up diary at Daily Kos today:

    Kat's Obama Administration Report, 5/17/11

    Today's report features:

    – The President speaks about education, dedication and overcoming adversity in a commencement address at Booker T. Washington High School in Memphis, TN. The school was the winner of the 2011 Commencement Challenge contest.

    – The winning video from Booker T. Washington High School.

    – Remarks by the President in a surprise drop-by with Booker T. Washington Class of 2011.

    – The First Lady's commencement address to the 2011 graduating class of Spelman College in Atlanta, Georgia. Founded in 1881, Spelman College is a private, independent, liberal arts, historically Black college for women.

    – The launch of space shuttle Endeavour on a 16-day visit to the International Space Station, and a briefing from the staff of U.S. Rep. Gabrielle Giffords (D-Arizona) NASA's Kennedy Space Center following Monday's launch of STS-134. The mission is commanded by Giffords' husband, astronaut Mark Kelly. Giffords, who continues to recover from a January shooting in her home district of Tucson, was at Kennedy to witness the launch

    – Administration officials meet at the White House to introduce an international strategy for cyberspace that will help ensure an open and secure Internet.

    – The President's Weekly Address, 5/14/11: As part of his long-term plan to reduce our reliance on foreign oil, President Obama lays out his strategy to continue expanding safe and responsible domestic oil production.

    – First Lady Michelle Obama joins the President's Council on Fitness, Sports & Nutrition (PCFSN) to announce a new fitness industry effort to support our military families, particularly our National Guard and Reserve families, to further the goals of both of the First Lady's initiatives, Let's Move! and Joining Forces.

    – The President, along with Vice President Joe Biden, welcomes the winners of the 2011 National Association of Police Organizations TOP COPS award for law enforcement officials who have shown bravery and valor in the line of duty to the White House.

    – West Wing Week, 5/13/11: This week the President talks clean energy and gas prices in Indiana, focuses on fixing our broken immigration system in Texas, and honors Top Cops here in the Rose Garden.

    http://www.dailykos.com/story/2011/05/17/976780/-Kats-Obama-Administration-Report,-5-17-11?via=blog_605888

  17. CR says:

    May 17, 2011

    Remarks by President Obama and His Majesty King Abdullah II of Jordan After Bilateral Meeting

    Oval Office

    12:17 P.M. EDT

    PRESIDENT OBAMA: Well, it is a great pleasure to welcome once again my good friend King Abdullah to the White House. The United States and Jordan have had a longstanding friendship, an extraordinary relationship of cooperation on a wide range of fronts. I have valued His Majesty’s advice on numerous occasions, and obviously this meeting was an opportunity for us to share our views on the extraordinary changes that are taking place throughout the Middle East, throughout the region.

    We discussed the situation in Libya, and are grateful for the support of a wide range of Arab countries in our efforts to make sure that humanitarian assistance and humanitarian protection occurs inside of Libya. We discussed the rapid transformation that’s taking place in places like Egypt and Tunisia, and we both agreed that it’s critical that not only does political reform proceed, but economic reform accompanies those changes there, because so much of what’s taking place has to do with the aspirations of young people throughout the Arab world for their ability to determine their own fate, to get an education, to get a job, to be able to support a family. And that means some of the old structures that were inhibiting their ability to progress have to be reworked.

    His Majesty discussed the reform efforts that are taking place inside Jordan as well, and we welcome the initiatives that His Majesty has already embarked on, and feel confident that, to the extent that he’s able to move these reforms forward, this will be good for the security and stability of Jordan, but also will be good for the economic prosperity of the people of Jordan. And so we’re very pleased to support him on that front.

    For the entire article: http://www.whitehouse.gov/the-press-office/2011/05/17/remarks-president-obama-and-his-majesty-king-abdullah-ii-jordan-after-bi

  18. CR says:

    Next Up…

    2:15 PM EDT
    Maccabeats Performance – The White House

  19. CR says:

    U.S. factory, services revenue to rise in 2011: ISM

    5/17/11 Reuters

    NEW YORK (Reuters) – The U.S. manufacturing and services sectors will continue to grow this year as revenues rise, but prices for materials are seen climbing further, according to an industry forecast released on Tuesday.

    The Institute for Supply Management in its semi-annual forecast found purchasing and supply executives expect manufacturing revenue will rise 7.5 percent this year. That is modestly slower than the 7.9 percent rise seen last year.

    Revenue in the non-manufacturing sector, which comprises mostly service sector businesses, is expected to be up 2.1 percent, topping 2010’s gain of 0.2 percent.

    “Much of manufacturing has emerged from the economic downturn and is experiencing significant growth,” Norbert Ore, chair of the ISM Manufacturing Business Survey Committee, said in a statement.

    Executives said they now expect prices for materials to be much higher than previously thought, rising 7.4 percent in the manufacturing sector and 4.7 percent in non-manufacturing.

    In the December survey, prices had been predicted to rise 4 percent for manufacturers and 3.1 percent for non-manufacturers.

    For the entire article: http://goo.gl/rLYf6

  20. CR says:

    Next Up…

    2:50 PM EDT
    The President hosts a White House reception in honor of Jewish American Heritage Month.

    WhiteHouse.gov http://www.whitehouse.gov/live

    CNN http://live.cnn.com

    CSPAN http://www.cspan.org/

    • CR says:

      May 17, 2011
      Remarks by the President at Reception in Honor of Jewish American Heritage Month

      East Room

      2:55 P.M. EDT

      THE PRESIDENT: Hello, everybody. (Applause.) Good afternoon. Welcome to the White House.

      I’m going to be very brief, but I do want to start by recognizing a few people. First of all, a great friend of mine, one of the driving forces behind the creation of this month, and somebody who happens to be the new chair of the DNC, Debbie Wasserman Schultz is here. (Applause.) Did somebody say “stand up” to Debbie? Come on. (Laughter.) That’s all right. A lot of fight in that little package. (Laughter.)

      I want to thank Ambassador Michael Oren for being here, and doing fine work representing our great friend, the state of Israel. (Applause.) Jewish Americans have always stood up for freedom and democracy around the world, and that includes our unshakeable support and commitment to the security of the state of Israel. (Applause.)

      I want to thank the Maccabeats for their outstanding performance. (Applause.) They just did an outstanding number for me — it was very brief — (laughter) — that said, “four more years.” (Laughter and applause.) It was good. I really liked it. So thank you.

      We’ve got more than a few members of Congress here, and I just want to say thank you to all of them for everything that they do, working with us to help advance not only freedom and prosperity here in the United States but around the world.

      For the entire article: http://www.whitehouse.gov/the-press-office/2011/05/17/remarks-president-reception-honor-jewish-american-heritage-month

  21. CR says:

    Latest developments in Arab world’s unrest

    5/17/11 By The Associated Press – 6 mins ago
    ___

    SYRIA
    Syrian protesters a one-day nationwide general strike, urging students to skip school and workers to bring commerce to a halt in a new strategy of defiance against government crackdowns that appear to be turning more brutal and bloody. The strike, planned for Wednesday, marks a shift by opposition forces to strike at President Bashar Assad’s regime from new angles: its economic underpinnings and ability to keep the country running during two months of widening battles. A sweeping popular acceptance of the strike call would be an embarrassing blow to Assad and show support for the uprising in places, such as central Damascus, where significant protests have yet to take hold and security forces have choked off the few that have taken place.
    ___

    LIBYA
    Four journalists detained in Libya since early April complete an administrative hearing and are to be released, a government spokesman says. He gave their names as James Foley, who had been covering the conflict in Libya for the Boston-based news agency GlobalPost, and Clare Morgana Gillis, a freelance journalist who wrote for The Atlantic and USA Today. He also named Manu Brabo, a Spanish journalist picked up with Foley and Gillis on April 5 near the town of Brega.
    ___

    EGYPT
    Egypt’s Justice Ministry orders the wife of deposed President Hosni Mubarak released from custody without bail, after she relinquishes her disputed assets. Suzanne Mubarak, 70, has turned over her property and money to the state valued at some $4 million. The move aimed to settle corruption allegations against her, but it was unclear whether she still faces trial. Anti-corruption prosecutors claim Mubarak’s wife had millions in bank accounts in Egypt and owned a villa where she and her husband lived. It is not clear how much money the Mubaraks may have abroad. Some estimates range into the tens of billions of dollars.
    __

    YEMEN
    Two Yemeni soldiers and a civilian are killed when armed men believed to belong to al-Qaida attack security posts in the eastern city of Mukalla. Yemen’s active al-Qaida offshoot has taken advantage of three months of popular protests calling for the ouster of longtime president Ali Abdullah Saleh to step up operations in the country’s weakly governed provinces. Yemen is reeling from three months of protests demanding that longtime President Ali Abdullah Saleh step down. Saleh snubbed a regional initiative to diffuse the crisis. Instead, he has pressed on with a crackdown on protesters that has killed more than 150 people. Demonstrations continue across Yemen, and dozens of protesters are injured by security forces.

  22. CR says:

    Protecting Families at the Pump and Expanding Responsible Domestic Oil Production

    Posted by Heather Zichal on May 17, 2011

    From the beginning, this Administration has shown a commitment to protecting American families at the pump by taking steps to reduce our reliance on foreign oil. In March, the President announced a goal of reducing oil imports by a third by 2025, through a combination of increased domestic production, investment in alternative fuels, and increased efficiency in the vehicles we drive. As the President has made clear, there is no immediate fix for high gas prices. That said there are sensible steps we can take to protect families over the long term. In last week’s weekly address, the President laid out important steps that the Administration is taking to continue to expand responsible and safe domestic oil production. These include a number of sensible, bipartisan ideas that we can act on with existing authority– like directing the Department of the Interior to conduct annual lease sales in Alaska’s National Petroleum Reserve, while respecting sensitive areas; speeding up the evaluation of oil and gas resources in the mid and south Atlantic; and creating new incentives for industry to develop their unused leases both on and offshore. About 57 percent of leased onshore acres and over 70 percent of leased offshore acres are currently inactive, and last year, of the nearly 37 million offshore acres offered for lease by the Federal government, only 2.4 million acres were leased by companies.

    To make sure that companies have time to meet higher safety standards for exploration and drilling with existing leases, the Administration is extending drilling leases in areas of the Gulf of Mexico that were impacted by the temporary moratorium, as well as certain leases off the coast of Alaska. And, a new interagency working group will help ensure that Arctic development projects meet health, safety and environmental standards.

    For the entire article: http://www.whitehouse.gov/blog/2011/05/17/protecting-families-pump-and-expanding-responsible-domestic-oil-production

  23. CR says:

    The Truth About Waivers: Protecting Coverage for Millions of Americans

    Posted by Richard Sorian on May 17, 2011

    Today, you might have seen news stories about waivers from certain provisions of the Affordable Care Act. There has been no shortage of confusion and deliberate obfuscation on this issue and we want to ensure you have the facts.

    Under the Affordable Care Act, we have implemented new rules that phase out, by 2014, health insurance companies’ ability to slap restrictive annual dollar limits on the amount they will pay for your care. But between now and 2014, we also want to make sure workers are able to maintain their existing insurance, because on their own they would likely be shut out of the individual market or face unaffordable options. To do that, the Affordable Care Act allows the Department of Health and Human Services to issue temporary waivers from the annual limit provision of the law if it would disrupt access to existing insurance arrangements or adversely affect premiums, causing people to lose coverage. So far, we have granted 1,372 of these waivers to employers, health plans, and others in all 50 states, covering less than 2 percent of the insurance market and protecting coverage for more than 3.1 million Americans. We have been completely transparent about this process, announcing the waiver process in a regulation last summer, publishing clear guidance on the application process on our website, and posting a list of waivers we have granted on our website.

    For the entire article: http://www.whitehouse.gov/blog/2011/05/17/truth-about-waivers-protecting-coverage-millions-americans

  24. CR says:

    Next Up…

    6:30 PM EDT
    YES: Young Entrepreneur Summit
    SBA Deputy Administrator Marie Johns and Kalpen Modi join young entrepreneurs at General Assembly in New York City during National Small Business Week.

    http://www.whitehouse.gov/live

  25. CR says:

    President’s Council on Jobs and Competitiveness: Helping Local Businesses Reach Global Customers

    Posted by Gary Locke on May 17, 2011

    Earlier today, I had the privilege of traveling with members of the President’s Council on Jobs and Competitiveness to visit Permac Industries, a small manufacturer just outside Minneapolis, Minn. Why Permac? Because the firm represents the best America has to offer – a company that has grown from a simple machine shop into a state-of-the-art facility that manufactures precision parts for customers worldwide in virtually all industries.

    I was glad to have a chance to talk about the Obama administration’s commitment to giving businesses like Permac the tools they need to win in the global economy. That effort is a two-pronged approach. On the one hand, we’re aggressively incentivizing investment here in America, as highlighted by key provisions that President Obama insisted be included in the December tax package, such as a new expensing benefit that will let companies write off 100 percent of their machinery and equipment purchases made in 2011. This, the largest temporary investment incentive for businesses in American history, will help create demand for new equipment and will mean new factory orders – which in turn means companies will need to hire more workers to keep up with the demand.

    At the same time, the administration is making unprecedented efforts to help companies grow by breaking into new foreign markets. That’s why early last year President Obama announced his National Export Initiative, which mobilizes departments throughout the federal government to help double U.S. exports by 2015 and support millions of jobs. The reason for this is simple. The more American companies export, they more they produce. And the more they produce, the more workers they need. And that means jobs.

    For the entire article: http://www.whitehouse.gov/blog/2011/05/17/presidents-council-jobs-and-competitiveness-helping-local-businesses-reach-global-cu

  26. CR says:

    May 17, 2011

    Notice from the President regarding the continuation of the national emergency with respect to the stabilization of Iraq

    On May 22, 2003, by Executive Order 13303, the President declared a national emergency protecting the Development Fund for Iraq and certain other property in which Iraq has an interest, pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701‑1706). The President took this action to deal with the unusual and extraordinary threat to the national security and foreign policy of the United States posed by obstacles to the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq.

    In Executive Order 13315 of August 28, 2003, Executive Order 13350 of July 29, 2004, Executive Order 13364 of November 29, 2004, and Executive Order 13438 of July 17, 2007, the President modified the scope of the national emergency declared in Executive Order 13303 and took additional steps in response to this national emergency.

    Because the obstacles to the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States, the national emergency declared in Executive Order 13303, as modified in scope and relied upon for additional steps taken in Executive Orders 13315, 13350, 13364, and 13438, must continue in effect beyond May 22, 2011. Therefore, in accordance with section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), I am continuing for 1 year the national emergency with respect to the stabilization of Iraq.

    This notice shall be published in the Federal Register and transmitted to the Congress.

    BARACK OBAMA
    THE WHITE HOUSE,
    May 17, 2011.

    • CR says:

      May 17, 2011

      Message from the President regarding the continuation of the national emergency with respect to the stabilization of Iraq

      TEXT OF A LETTER FROM THE PRESIDENT
      TO THE SPEAKER OF THE HOUSE OF REPRESENTATIVES
      AND THE PRESIDENT OF THE SENATE

      May 17, 2011

      Dear Mr. Speaker: (Dear Mr. President:)

      Section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)) provides for the automatic termination of a national emergency unless, prior to the anniversary date of its declaration, the President publishes in the Federal Register and transmits to the Congress a notice stating that the emergency is to continue in effect beyond the anniversary date. In accordance with this provision, I have sent the enclosed notice to the Federal Register for publication continuing the national emergency with respect to the stabilization of Iraq. This notice states that the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303 of May 22, 2003, as modified in scope and relied upon for additional steps taken in Executive Order 13315 of August 28, 2003, Executive Order 13350 of July 29, 2004, Executive Order 13364 of November 29, 2004, and Executive Order 13438 of July 17, 2007, is to continue in effect beyond May 22, 2011.

      For the entire article: http://www.whitehouse.gov/the-press-office/2011/05/17/message-president-regarding-continuation-national-emergency-respect-stab

  27. CR says:

    Youth Basketball Clinic with The UConn Huskies

    From: whitehouse | May 17, 2011

    In the spirit of past champions who President Obama has welcomed to the White House, the 2011 Men’s Basketball National Champion, UConn Huskies, participated in a service project by running a youth basketball clinic on the White House basketball court for D.C. area youth.

  28. CR says:

    WH

    8:30 AM
    The President departs the White House en route Andrews Air Force Base
    South Lawn
    Open Press

    8:50 AM
    The President departs Andrews Air Force Base en route New London, Connecticut
    Travel Pool Coverage

    10:00 AM
    The President arrives in New London, Connecticut
    Bradley International Airport
    Open Press

    11:30 AM
    The President delivers the commencement address at the United States Coast Guard Academy
    Connecticut, New London, United States Coast Guard Academy
    Open Press

    4:00 PM
    The Vice President meets with Senator John McCain and Senator Lindsey Graham
    Naval Observatory
    Closed Press

    4:10 PM
    The President departs New London, Connecticut en route Boston, Massachusetts
    Bradley International Airport
    Open Press

    4:45 PM
    The President arrives Boston, Massachusetts
    Logan International Airport
    Open Press

    6:15 PM
    The President delivers remarks at a DNC event
    Boston Center for the Arts
    Pooled TV, Open to Correspondents

    8:25 PM
    The President delivers remarks at a DNC event
    Private Residence
    Print Pool

    9:55 PM
    The President departs Boston, Massachusetts en route Andrews Air Force Base
    Logan International Airport
    Open Press

    11:15 PM
    The President arrives at Andrews Air Force Base
    Travel Pool Coverage

    11:30 PM
    The President arrives at the White House
    South Lawn
    Open Press

    • CR says:

      POTUS podium

      May 18, 2011

      WhiteHouse.gov http://www.whitehouse.gov/live

      11:35 AM EDT
      President Obama delivers the commencement address at the United States Coast Guard Academy in New London, Connecticut.

      —-

      CNN http://live.cnn.com

      10:00 AM EDT
      Testimony to Senate on Wounded Warrior Care
      Deputy Defense Secretary William J. Lynn III and Deputy Secretary of Veterans Affairs W. Scott Gould testify before the Senate Veterans Affairs Committee on the seamless transition and interagency collaboration between the DOD and VA on wounded warrior care.

      10:30 AM EDT
      Senate Committee Appropriations | Defense
      2012 – Daniel Inouye

      10:30 AM EDT
      Senate Science & Transportation Subcmte: Space Program & Nat’l Imperatives

      10:30 AM EDT
      U.S. Senate: Debate on Bill for Tax Increases for Oil Companies

      11:00 AM EDT
      State Department briefing on Sudan
      State Department and USAID officials brief reporters on their recent visits to the African country of Sudan.

      11:35 AM EDT
      President Obama delivers the commencement address at the United States Coast Guard Academy in New London, Connecticut.

      1:00 PM EDT
      Pentagon briefing
      Defense Secretary Robert Gates holds a briefing with reporters at the Pentagon.

      2:30 PM EDT
      Department of Energy budget hearing
      Energy Secretary Steven Chu testifies before a Senate appropriations subcommittee on his department’s budget request for next fiscal year.

      2:30 PM EDT
      U.S. Senate: Roll Call Vote on Bill for Tax Increases for Oil Companies

      6:15 PM EDT
      President Obama delivers remarks at a DNC event

      8:25 PM EDT
      President Obama delivers remarks at a DNC event

      CSPAN http://www.cspan.org/

      10:00 AM EDT
      Testimony to Senate on Wounded Warrior Care
      Deputy Defense Secretary William J. Lynn III and Deputy Secretary of Veterans Affairs W. Scott Gould testify before the Senate Veterans Affairs Committee on the seamless transition and interagency collaboration between the DOD and VA on wounded warrior care.

      10:30 AM EDT
      Senate Committee Appropriations | Defense
      2012 – Daniel Inouye http://www.cspan.org/Events/Senate-Committee-to-Look-at-Army-Budget/10737421624/

      10:30 AM EDT
      Senate Science & Transportation Subcmte: Space Program & Nat’l Imperatives http://www.c-spanvideo.org/program/Imperati

      10:30 AM EDT
      U.S. Senate: Debate on Bill for Tax Increases for Oil Companies

      11:00 AM EDT
      State Department briefing on Sudan
      State Department and USAID officials brief reporters on their recent visits to the African country of Sudan. http://www.c-spanvideo.org/program/299588-1

      11:35 AM EDT
      President Obama delivers the commencement address at the United States Coast Guard Academy in New London, Connecticut. http://www.cspan.org/Events/Pres-Obama-Speaks-at-Coast-Guard-Academy-Graduation/10737421625/

      1:00 PM EDT
      Pentagon briefing
      Defense Secretary Robert Gates holds a briefing with reporters at the Pentagon. http://www.c-spanvideo.org/program/299594-1

      2:30 PM EDT
      Department of Energy budget hearing
      Energy Secretary Steven Chu testifies before a Senate appropriations subcommittee on his department’s budget request for next fiscal year. http://www.cspan.org/Events/Energy-Chief-to-Justify-FY12-Budget-to-Congress/10737421594/

      2:30 PM EDT
      U.S. Senate: Roll Call Vote on Bill for Tax Increases for Oil Companies

      6:15 PM EDT
      President Obama delivers remarks at a DNC event

      8:25 PM EDT
      President Obama delivers remarks at a DNC event

      Department of Defense http://www.defense.gov/live/

      10:00 AM EDT
      Testimony to Senate on Wounded Warrior Care
      Deputy Defense Secretary William J. Lynn III and Deputy Secretary of Veterans Affairs W. Scott Gould testify before the Senate Veterans Affairs Committee on the seamless transition and interagency collaboration between the DOD and VA on wounded warrior care.

      11:35 AM EDT
      President Obama delivers the commencement address at the United States Coast Guard Academy in New London, Connecticut.

      US Coast Guard http://www.uscga.edu/display4.aspx?id=17929

      11:35 AM EDT
      President Obama delivers the commencement address at the United States Coast Guard Academy in New London, Connecticut.

      Middle East Protest

      Al Jazeera – English http://english.aljazeera.net

  29. CR says:

    President Obama to speak at Coast Guard Academy

    May 17, 2011 The Associated Press – navytimes.com

    NEW LONDON, Conn. — President Barack Obama will give the keynote address at the U.S. Coast Guard Academy’s graduation Wednesday in New London. The event is expected to attract thousands.

    The service academy last hosted a president when George W. Bush delivered the 2007 graduation keynote address.

    “Obviously we’re very excited and working hard to ensure that the event goes off without a hitch,” said David Santos, spokesman at the academy. “It’s an extremely large crowd that we’re expecting. We’re hoping that the weather holds out. We’ve been planning for this for quite some time. So it’s exciting when the day is finally here.”

    Presidents traditionally address the graduating class at one of the federal service academies on a rotating basis, and Obama addressed the U.S. Military Academy class at West Point, N.Y., last year.

    The academy has about 1,030 cadets in its four-year program, in which students graduate with a bachelor of science degree and an obligation to serve five years in the Coast Guard.

    More than 200 junior officers will be commissioned with the rank of ensign during graduation exercises before reporting for duty on cutters and at sector offices in ports throughout the U.S.

    For the entire article: http://www.navytimes.com/news/2011/05/ap-president-obama-to-speak-at-coast-guard-academy-051711/

  30. CR says:

    Fundraiser is set in Boston

    5/13/11 By ABBY PHILLIP – POLITICO

    President Obama will travel to Beantown on Wednesday to raise money for his reelection, his first 2012 fundraiser in Boston.

The event is being billed as a “reception” at the Boston Center for the Arts, in the city’s trendy South End neighborhood. The building’s Cyclorama Room, where the reception will be, is a skylighted floor space that can seat up to 1200.



    “We are kicking off a new campaign, and we want you with us from the start,” the campaign says in a notice. “Please join President Obama at a fundraising kickoff with supporters like you in Boston.”



    Obama last traveled to Boston on March 8, where he raised money for the Democratic National Committee at the Museum of Fine Arts. He also took part in an education-focused event at a school.



    The White House hasn’t said what other activities Obama has planned on the trip.

  31. CR says:

    U.S. to advance Pacific free trade as APEC host

    May 17, 2011 By Doug Palmer – Reuters

    WASHINGTON (Reuters) – The United States welcomes top Asia Pacific trade officials this week to discuss ways to bring the region’s economies closer and facilitate commerce at a time when global trade talks appear to be failing.

    The Asia Pacific Economic Cooperation trade ministers meeting beginning on Wednesday in Big Sky, Montana, comes just six months ahead of a summit of leaders of the APEC’s 21 economies that President Barack Obama will host in Hawaii.

    U.S. officials have boiled down their goals as APEC host to three simple words: “get stuff done.” They see this as a not-to-be-wasted chance to shape the course of the world’s most dynamic region for the coming decades.

    “We must decide how we will work together, what rules we will adopt, what principles we will abide by and what behavior we will encourage and discourage in ourselves and in each other,” U.S. Secretary of State Hillary Clinton said in March.

    The United States has laid out an agenda that includes promoting trade and investment in green technology products and reducing “behind-the-border” regulatory and other barriers that impinge on trade. They also want to build on progress made during Japan’s host year in 2010 toward a long-term of goal of free trade throughout the region.

    For the entire article: http://goo.gl/HhnYp

  32. CR says:

    Senate blocks bill repealing $2B in oil tax breaks

    5/17/11 STEPHEN OHLEMACHER, Associated Press

    WASHINGTON – The Senate blocked a bill Tuesday that would repeal about $2 billion a year in tax breaks for the five biggest oil companies, a Democratic response to $4-a-gallon gasoline that might fare better when Congress and the White House negotiate a deal later this year to increase the government’s ability to borrow.

    The bill was defeated on a procedural vote. But Democrats hope to build their case to include the measure in a deficit-reduction package being negotiated by key lawmakers and the Obama administration. Lawmakers from both parties are demanding deficit reduction as part of deal to increase the government’s ability to borrow and avoid an unprecedented default on U.S. Treasury bonds.

    “This bill says that even the most rich and powerful among us must do their fair share to help us reduce the deficit,” said Sen. Robert Menendez, D-N.J., the bill’s sponsor. “Their high-priced lobbyists cannot stop us from doing what is fair and what is right.”

    Republicans and some Democrats opposed the tax increase, saying it would hurt domestic drilling while doing nothing to reduce gas prices. The vote was 52-48 in favor of the measure, short of the 60 votes needed to advance it. Three Democrats — Mary Landrieu of Louisiana, Ben Nelson of Nebraska and Mark Begich of Alaska — joined with nearly all Republicans in opposing the measure. Two Republicans, Olympia Snowe and Susan Collins of Maine, voted for it.

    White House spokesman Jay Carney blamed Senate Republican leaders, saying they were more interested in protecting tax breaks for profitable oil companies than finding more responsible ways to spend that money. Nonetheless, he said the vote was an important step toward repealing “these unwarranted subsidies” and said the administration would continue to pursue the matter.

    For the entire article: http://goo.gl/H0nha

  33. CR says:

    Good Wednesday morning everyone! I HOPE that you have a good day! :)

  34. Good morning CR and everyone. HOPE you have a terrific Wednesday.

    Please join me in lighting a candle for our President, First Family and the Nation.

    http://www.gratefulness.org/candles/candles.cfm?l=eng&gi=PBO

  35. CR says:

    Next Up…

    10:00 AM EDT
    Testimony to Senate on Wounded Warrior Care
    Deputy Defense Secretary William J. Lynn III and Deputy Secretary of Veterans Affairs W. Scott Gould testify before the Senate Veterans Affairs Committee on the seamless transition and interagency collaboration between the DOD and VA on wounded warrior care.

    CNN http://live.cnn.com

    CSPAN http://www.cspan.org/

    Department of Defense http://www.defense.gov/live/

  36. CR says:

    Now Streaming…

    11:35 AM EDT
    President Obama delivers the commencement address at the United States Coast Guard Academy in New London, Connecticut.

    WhiteHouse.gov http://www.whitehouse.gov/live

    CNN http://live.cnn.com

    CSPAN http://www.cspan.org/Events/Pres-Obama-Speaks-at-Coast-Guard-Academy-Graduation/10737421625/

    Department of Defense http://www.defense.gov/live/

    US Coast Guard http://www.uscga.edu/display4.aspx?id=17929

    • CR says:

      May 18, 2011
      Remarks by the President at U.S. Coast Guard Academy Commencement

      United States Coast Guard Academy, New London, Connecticut

      12:17 P.M. EDT

      THE PRESIDENT: Thank you. (Applause.) Please be seated. Well, good afternoon, everyone. Distinguished guests, Governor Malloy and Congressman Courtney, families, friends, and most of all — well, let’s try it this way. Cadets, what class is this?

      CADETS: Class of 2011! (Applause.)

      THE PRESIDENT: I just wanted to make sure.

      It is a great honor to be with you as we commission the newest ensigns in the United States Coast Guard. And, cadets, let me say — and I know your families will agree — you all look fantastic. (Laughter.)

      Thank you, Secretary Napolitano, for your introduction, but more importantly, your outstanding leadership in keeping our homeland secure and — along with Admiral Papp — keeping our Coast Guard strong.

      And to Admiral Burhoe and Academy faculty and staff, thank you for building these outstanding young men and women into “inspiring leaders of character” who are “prepared to serve their country.” And, Admiral Burhoe, as you prepare to retire in the coming days, I just want to thank you and your wife, Betsy, for 34 years of distinguished service to our country. We are grateful. (Applause.)

      For the entire article: http://www.whitehouse.gov/the-press-office/2011/05/18/remarks-president-us-coast-guard-academy-commencement

  37. CR says:

    Biden to eat with N.H. Dems

    5/18/11 By ABBY PHILLIP – POLITICO

    Vice President Biden will make his way to New Hampshire on May 25 to headline a dinner with the state’s Democratic Party.

    Biden was last in the Granite State in April to give a speech at the University of New Hampshire, on the day President Obama formally announced he was running for reelection.

    “Vice President Biden has been a champion of New Hampshire Democrats for more than three decades. Over the years Biden has made countless trips to the Granite State to support the party and our candidates,” Ray Buckley, the head of the New Hampshire Democratic Party, said in a statement. “He has made many lifelong friends and made a difference with his unyielding support for the First in the Nation Primary. Anytime ccomes to New Hampshire is like a family reunion.”

  38. CR says:

    Now streaming…

    1:00 PM EDT
    Pentagon briefing
    Defense Secretary Robert Gates holds a briefing with reporters at the Pentagon.

    CNN http://live.cnn.com

    CSPAN http://www.c-spanvideo.org/program/299594-1

    Department of Defense http://www.defense.gov/live/

    • CR says:

      Presenter: Secretary of Defense Robert Gates and Chairman of the Joint Chiefs of Staff Adm. Mike Mullen

      May 18, 2011

      DOD News Briefing with Secretary Gates and Adm. Mullen from the Pentagon

      SEC. GATES: Good afternoon.

      On April 13th, President Obama announced his framework for tackling our nation’s considerable long-term fiscal challenges. As part of that deficit reduction effort, he set a goal of holding the growth in base national security spending below inflation for the next 12 years, which would save about $400 billion, the preponderance of which would come from the Department of Defense. The president also made clear that before making any specific budget decisions, we must first conduct a fundamental review of America’s military missions, capabilities and security role around the world.

      Today I’m announcing the framework for the comprehensive review that the Department of Defense is launching to inform future decisions about spending on national security.

      First, some context. For more than two years, the leadership of this department has been working on reforming the way the Pentagon does business to respond to the difficult fiscal situation facing the nation and to ensure that our military has the capabilities needed to protect our interests in a dangerous and unstable world. This effort began two years ago with an overhaul of the department’s approach to military acquisition, curtailing or canceling about 20 troubled weapons programs. It continued last year with a department-wide campaign to generate savings from excessive overhead that was reallocated to the services for reinvestment — new expenses as well as deficit reduction. The overarching goal of these efforts was to carve out enough budget space to preserve and enhance key military capabilities in the face of declining rates of budget growth.

      For the entire article: http://www.defense.gov/transcripts/transcript.aspx?transcriptid=4823

  39. CR says:

    Libyan government releases 4 foreign journalists

    5/18/11 By DIAA HADID, Associated Press – 6 mins ago

    TRIPOLI, Libya – Four foreign reporters held by the Libyan government for several weeks were released Wednesday and moved to a Tripoli hotel.

    Clare Morgana Gillis, an American, said she and her three colleagues — James Foley, Manu Brabo and Nigel Chandler — were in good health.

    The four appeared at the Rixos Hotel, which is housing foreign journalists assigned to Tripoli, a day after the Libyan government said it had given them a one-year suspended sentence on charges of illegally entering the country.
    Gillis, a freelance journalist who wrote for The Atlantic and USA Today; Foley, who wrote for the Boston-based news agency GlobalPost; and Brabo, a Spanish photographer were detained on April 5 near the town of Brega.
    Chandler, a British journalist, was detained separately.

    Government spokesman Moussa Ibrahim invited the four journalists to stay in Libya but said they would be escorted to the Tunisian border to exit the country if they so wished.

    There was no word on the fate of photojournalist Anton Hammerl, who has South African and Austrian citizenships and went missing in Libya about the time the others were detained.

    Gillis said she had not seen him.

  40. CR says:

    May 18, 2011

    Readout of John Brennan’s Phone Call with President of Yemen

    Assistant to the President John Brennan called President Ali Abdullah Saleh of Yemen this morning to urge Saleh to sign and implement the Gulf Cooperation Council-brokered agreement so that Yemen is able to move forward immediately with its political transition. Brennan noted that this transfer of power represents the best path forward for Yemen to become a more secure, unified, and prosperous nation and for the Yemeni people to realize their aspirations for peace and political reform. He affirmed the commitment of the United States to stand with the Yemeni government and people as they implement this historic agreement, foster economic development, and combat the security threat from al-Qa’ida in the Arabian Peninsula. Brennan also reiterated that all parties must refrain from violence and proceed with the transition in a peaceful and orderly manner.

  41. CR says:

    May 18, 2011

    Executive Order–Blocking Property of Senior Officials of the Government of Syria

    EXECUTIVE ORDER

    – – – – – – –

    BLOCKING PROPERTY OF SENIOR OFFICIALS OF THE GOVERNMENT OF SYRIA

    By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), and section 301 of title 3, United States Code,

    I, BARACK OBAMA, President of the United States of America, in order to take additional steps with respect to the Government of Syria’s continuing escalation of violence against the people of Syria including through attacks on protestors, arrests and harassment of protestors and political activists, and repression of democratic change, overseen and executed by numerous elements of the Syrian government and with respect to the national emergency declared in Executive Order 13338 of May 11, 2004, relied upon for additional steps taken in Executive Order 13399 of April 25, 2006, and in Executive Order 13460 of February 13, 2008, and expanded in scope in Executive Order 13572 of April 29, 2011, hereby order:

    Section 1. All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person, including any overseas branch, of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in:

    (a) the persons listed in the Annex to this order; and

    (b) any person determined by the Secretary of the Treasury, in consultation with the Secretary of State:

    (i) to be a senior official of the Government of Syria;

    (ii) to be an agency or instrumentality of the Government of Syria, or owned or controlled, directly or indirectly, by the Government of Syria or by an official or officials of the Government of Syria;

    (iii) to have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, any person whose property and interests in property are blocked pursuant to this order; or

    (iv) to be owned or controlled by, or to have acted or purported to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to this order.

    For the entire article: http://www.whitehouse.gov/the-press-office/2011/05/18/executive-order-blocking-property-senior-officials-government-syria

  42. CR says:

    Latest developments in Arab world’s unrest

    5/18/11 By The Associated Press – 37 mins ago
    ___

    SYRIA
    Syrian President Bashar Assad claims the country’s “crisis” is drawing to a close even as forces unleash tank shells on opponents Wednesday and U.S. sanctions take aim at the Syrian leader and his senior aides for their brutal crackdowns. The messages from Damascus and Washington highlight a sharp divide: Western governments trying to boost pressure on Syria’s regime, but Assad displaying confidence he can ride it out. Assad receives a further boost when a call for nationwide strikes falls flat and longtime ally Russia vows to stand against any U.N. resolutions that would sanction Syria.
    ___

    LIBYA
    Four foreign journalists held by the Libyan government for six weeks are released Wednesday and moved to a Tripoli hotel. Clare Morgana Gillis, an American, says she and her colleagues — American James Foley, Spaniard Manuel Varela and Briton Nigel Chandler — are in good health. Libyan leader Moammar Gadhafi’s forces intensify their campaign to take strategic heights in a western mountain range and target a road that many people have used to flee the fighting in Libya, forcing the temporary closure of a border crossing to Tunisia.
    ___

    EGYPT
    Egypt’s military rulers deny local media reports they plan to grant amnesty to deposed President Hosni Mubarak following a wave of popular criticism and calls for new protests. The denial follows unconfirmed reports that Mubarak would be pardoned in return for an apology to the nation for any wrongdoing and would also hand over his assets. The reports claimed the ousted leader would release an audio recording appealing for amnesty.
    ___

    YEMEN
    The head of a coalition of Gulf countries seeking to broker an end to Yemen’s political crisis gives up and leaves the country, The Gulf Cooperation Council sought to mediate a deal for President Ali Abdullah Saleh to leave power in exchange for immunity from prosecution. Saleh snubbed the deal last month, prompting a visit from the coalition’s head, Abdul-Latif al-Zayyani, to try to break the impasse. Al-Zayyani, who is from Bahrain, ends his five-day visit without closing the deal, leaving each side blaming the other for the failure.
    ___

    BAHRAIN
    Three former top editors of Bahrain’s main opposition newspaper plead not guilty to charges of unethical coverage of Shiite-led opposition protests against the kingdom’s Sunni rulers. The Al Wasat newspaper journalists enter their pleas, and defense lawyers request copies of prosecutors’ documents in a brief hearing at Bahrain’s Higher Criminal Court. Among the charges they face are “publishing fabricated news.”
    ___

    TUNISIA
    A Tunisian colonel and two foreign militants are killed during a clash near the Algerian border. The attack in Rouhia, in the center-west region of Siliana, is the fourth time in less than a week that Tunisian security forces have uncovered foreign fighters from neighboring countries in North Africa. A third fighter flees, firing an assault rifle at a helicopter. The official TAP news agency quotes local residents as saying the three were wearing explosive belts.

  43. CR says:

    Expanding Trade to the Asia-Pacific Region, Supporting American Jobs

    Posted by Ambassador Ron Kirk on May 18, 2011

    This year, the United States is hosting Asia-Pacific Economic Cooperation (APEC) annual meetings for the first time since 1993. As part of these efforts, I am leading meetings in Big Sky, Montana this week with 21 of my fellow Ministers Related to Trade. This week, we are working to advance common APEC objectives that complement President Obama’s forward-looking, export-focused trade agenda.

    APEC is the premier forum for facilitating sustainable economic growth, cooperation, trade and investment in the region, and the Asia-Pacific region is the largest market in the world for U.S. exports. In fact, APEC economies represent nine of the top 15 export markets for U.S. goods. Over 60 percent of U.S. goods exports and 70 percent of U.S. agricultural exports in 2010 were to APEC economies.

    Tomorrow, my fellow ministers and I will meet with business leaders from the United States and other APEC economies to work on concrete, practical measures that will help to level the playing field across the region. In particular, we will discuss ways to make it cheaper, faster, and easier for small businesses to trade around the region. Because if we can make it easier for exporters to enter different markets throughout the Asia-Pacific, then those businesses can grow more quickly and hire more workers here at home.

    For the entire article: http://www.whitehouse.gov/blog/2011/05/18/expanding-trade-asia-pacific-region-supporting-american-jobs

    • CR says:

      US presses green growth in Asia

      5/17/11 AFP

      BIG SKY, Montana (AFP) – Warning that the era of cheap fuel was over, the United States on Wednesday called for Pacific Rim economies to knock down trade barriers to spur growth in clean energy.

      President Barack Obama’s administration, which faces domestic opposition on climate change, is putting a high priority on the environment as the United States this year chairs the 21-member Asia-Pacific Economic Cooperation forum.

      Meeting senior APEC trade officials at the snow-covered ski resort of Big Sky, Montana, Commerce Secretary Gary Locke said that millions of green jobs are waiting to be created from the factory floor to the construction sector.

      “In the next few decades, world economies will need to rebuild and reinvent virtually every industrial activity — from power generation and transportation to manufacturing and construction — all to succeed in an energy environment that looks drastically different from the one that we’re used to,” Locke said.
      “For well over 100 years, much of the world enjoyed two luxuries that helped propel the greatest burst of sustained economic growth in human history.

      For the entire article: http://goo.gl/MgWDy

  44. CR says:

    Now Streaming..

    6:10PM EDT
    President Obama delivers remarks at a DNC event in Boston

    CNN http://live.cnn.com

    CSPAN http://www.cspan.org/

    • CR says:

      May 18, 2011

      Remarks by the President at DNC Event in Boston, Massachusetts

      Boston Center for the Arts

      Boston, Massachusetts

      5:41 P.M. EDT

      THE PRESIDENT: Hello, Boston. (Applause.) It is good to be back in Boston. (Applause.) It’s good to be back with one of the finest governors in the United States of America and my friend, Deval Patrick. (Applause.) It’s good to be back with one of the finest mayors in the United States of America, Tom Menino. (Applause.) It’s good to be back with a great congressional delegation, including Niki Tsongas and Bill Keating. (Applause.)

      And this is a little tough to say, but it’s good to be back with some Celtics. (Applause.) See, look at Ray. Ray was with — Ray wishes he was in Chicago tonight, actually. (Laughter.) But I am so grateful not only to Ray Allen, who is a great friend — and just a gorgeous family. I had a chance to say hello to them today — the greatest three-point shooter of all time. (Applause.) But to have the honor of knowing and becoming friends with perhaps the greatest basketball player, certainly the greatest champion of all time, Bill Russell, what an outstanding honor — and his beautiful daughter, Karen, thank you. (Applause.) Bill knows how to win, and he’s on my team. (Applause.)

      It is good to be back in Boston. Back in 2004, I gave a little speech here that got some attention. (Applause.) It’s been downhill ever since. (Laughter.) But it’s good to get out of Washington, D.C. Now, look, D.C. is a nice town. It has been treating my family wonderfully. But the conversation you hear in Washington is very different than the one you hear around the kitchen table or around the water cooler.

      For the entire article: http://www.whitehouse.gov/the-press-office/2011/05/18/remarks-president-dnc-event-boston-massachusetts-0

  45. CR says:

    Next Up…

    8:25 PM EDT
    President Obama delivers remarks at a DNC event

    CNN http://live.cnn.com

    CSPAN http://www.cspan.org/

    • CR says:

      May 18, 2011

      Remarks by the President at a DNC Event in Boston, Massachusetts

      Private Residence

      Boston, Massachusetts

      7:48 P.M. EDT

      THE PRESIDENT: Thank you, everybody. Thank you. Thank you. All right, everybody, have a seat. That food looks too good to let it get cold. (Laughter.)
      To Frank and Eileen, first of all, I remember that drive and I came away just having enjoyed the conversation. And that’s not always the case when you’re out there on the campaign trail — you’re doing work. But I couldn’t think of a more wonderful couple and people who I would have wanted to have dinner with even if I weren’t running for office. (Laughter.) And for you guys to open up your homes like this is just remarkable. I do appreciate you padding the crowd — basically half of these folks are your children or grandchildren, based on what I saw earlier. (Laughter.) But thank you very much.

      To all the other co-hosts who worked so hard, friends that I’ve seen, some of whom have supported me since I ran for the United States Senate and nobody could pronounce my name. And so I appreciate all of you. To my dear friend, Deval, one of the finest governors in the country. (Applause.) To Tom Menino, one of the finest mayors in the country. (Applause.) And to Speaker DeLeo for putting up with Mayor Menino and Deval Patrick. (Laughter and applause.) We are grateful for you.

      We live in extraordinary times. And I just came back from a large event that we did and what was especially fun about it was Bill Russell was the person who introduced me. (Applause.) And they’re erecting a statue for Bill Russell. He had always resisted any monument here in Boston and the reason he agreed was because we encouraged everybody to set up a mentorship program in his name along with the statue, which is typical of who he is.

      For the entire article: http://www.whitehouse.gov/the-press-office/2011/05/18/remarks-president-dnc-event-boston-massachusetts

  46. CR says:

    *********************
    THIS POST IS NOW CLOSED

    NBLB Come on over to my newest post

    titled: “We Respect. We Include. We All Win ☮ ”
    **********************

    To get to newest post click on “HOME” at the top of the page and click on the title of the newest post

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