Coast Guard Academy 132nd Commencement & Prayer for Oklahoma

US Coast_Guard_Academy_seal

Coast Guard Academy 132nd Commencement Exercises
Vice President Joe Biden – Commencement Speaker
Wednesday, May 22 @ 11 AM ET
Cadet Memorial Field, New London, CT

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Vice President Biden to speak at Coast Guard Academy’s 132nd commencement

March 28th, 2013 coastguardnews

NEW LONDON, Conn. — Vice President Joe Biden is scheduled to deliver the keynote address during the U.S. Coast Guard Academy’s 132nd Commencement exercises May 22.

The ceremony is scheduled to begin at 11 a.m. on Cadet Memorial Field; attendance is by invitation only.

“Commencement is always a special time here, but it is particularly memorable when the Vice President of the United States is here to present the commissions to our new ensigns,” said Coast Guard Academy Superintendent Rear Adm. Sandra Stosz. “This will be a wonderful opportunity to showcase the academy and the city of New London,” Stosz added.

Live Stream: www.PentagonChannel.mil

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Candle light-sml

“our prayers are with the people of Oklahoma today”

 5/21/13 President Barack Obama

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May 21 – Federal Emergency Management Agency Administrator Craig Fugate directs the the federal response to the deadly storm in Oklahoma City and its suburbs.

May 22 – Homeland Security Secretary Janet Napolitano inspects the damage from the deadly tornado and and coordinate federal response to the deadly storm

May 26, 1:45 PM ET –  President Obama travels to the Oklahoma City area to meet with first responders families & effected by the deadly storm

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40 Responses to Coast Guard Academy 132nd Commencement & Prayer for Oklahoma

  1. CR says:

    WH

    Wednesday, May 22, 2013

    All Times Eastern

    7:00 AM
    8:00 AM
    9:00 AM
    9:45 AM
    President Obama receives the presidential daily briefing

    10:00 AM
    11:00 AM
    Vice President Joe Biden delivers the Commencement address for the Coast Guard Academy
    Cadet Memorial Field, New London, CT

    First Lady Michelle Obama vists Decatur House Visit
    Washington DC

    12:00 PM
    1:00 PM
    Press Briefing by Press Secretary Jay Carney

    2:00 PM
    3:00 PM
    4:00 PM
    4:15 PM
    President Obama meets with Secretary of the Treasury Lew

    5:00 PM
    6:00 PM
    7:00 PM
    7:25 PM
    President Obama and First Lady Michelle hosts an “In Performance at the White House” Gershwin Prize Concert for Popular Song
    East Room

    8:00 PM
    9:00 PM
    10:00 PM

  2. vitaminlover says:

    God bless Oklahoma.

  3. CR says:

    May 21, 2013

    Remarks by the President on the Tornadoes and Severe Weather in Oklahoma

    State Dining Room

    10:08 A.M. EDT

    THE PRESIDENT: Good morning, everybody. As we all know by now, a series of storms swept across the Plains yesterday, and one of the most destructive tornadoes in history sliced through the towns of Newcastle and Moore, Oklahoma. In an instant, neighborhoods were destroyed. Dozens of people lost their lives. Many more were injured. And among the victims were young children, trying to take shelter in the safest place they knew — their school.

    So our prayers are with the people of Oklahoma today.

    Our gratitude is with the teachers who gave their all to shield their children; with the neighbors, first responders, and emergency personnel who raced to help as soon as the tornado passed; and with all of those who, as darkness fell, searched for survivors through the night.

    As a nation, our full focus right now is on the urgent work of rescue, and the hard work of recovery and rebuilding that lies ahead.

    Yesterday, I spoke with Governor Fallin to make it clear to Oklahomans that they would have all the resources that they need at their disposal. Last night, I issued a disaster declaration to expedite those resources, to support the Governor’s team in the immediate response, and to offer direct assistance to folks who have suffered loss. I also just spoke with Mayor Lewis of Moore, Oklahoma, to ensure that he’s getting everything that he needs.

    I’ve met with Secretary Napolitano this morning and my Homeland Security and Counterterrorism Advisor, Lisa Monaco, to underscore that point that Oklahoma needs to get everything that it needs right away. The FEMA Administrator, Craig Fugate, is on his way to Oklahoma as we speak. FEMA staff was first deployed to Oklahoma’s Emergency Operations Center on Sunday, as the state already was facing down the first wave of deadly tornadoes. Yesterday, FEMA activated Urban Search and Rescue Teams from Texas, Nebraska, and Tennessee to assist in the ongoing search and rescue efforts, and a mobile response unit to boost communications and logistical support.

    So the people of Moore should know that their country will remain on the ground, there for them, beside them as long as it takes. For there are homes and schools to rebuild, businesses and hospitals to reopen, there are parents to console, first responders to comfort, and, of course, frightened children who will need our continued love and attention.

    There are empty spaces where there used to be living rooms, and bedrooms, and classrooms, and, in time, we’re going to need to refill those spaces with love and laughter and community.

    We don’t yet know the full extent of the damage from this week’s storm. We don’t know both the human and economic losses that may have occurred. We know that severe rumbling of weather, bad weather, through much of the country still continues, and we’re also preparing for a hurricane season that begins next week.

    But if there is hope to hold on to, not just in Oklahoma but around the country, it’s the knowledge that the good people there and in Oklahoma are better prepared for this type of storm than most. And what they can be certain of is that Americans from every corner of this country will be right there with them, opening our homes, our hearts to those in need. Because we’re a nation that stands with our fellow citizens as long as it takes. We’ve seen that spirit in Joplin, in Tuscaloosa; we saw that spirit in Boston and Breezy Point. And that’s what the people of Oklahoma are going to need from us right now.

    For those of you who want to help, you can go online right now to the American Red Cross, which is already on the ground in Moore. Already we’ve seen the University of Oklahoma announce that it will provide housing for displaced families. We’ve seen local churches and companies open their doors and their wallets. And last night, the people of Joplin dispatched a team to help the people of Moore.

    So for all those who’ve been affected, we recognize that you face a long road ahead. In some cases, there will be enormous grief that has to be absorbed, but you will not travel that path alone. Your country will travel it with you, fueled by our faith in the Almighty and our faith in one another.

    So our prayers are with the people of Oklahoma today. And we will back up those prayers with deeds for as long as it takes.

    Thank you very much.

    END
    10:13 A.M. EDT

    • CR says:

      Napolitano to Oklahoma

      5/21/13 1:16 PM EDT By REID J. EPSTEIN – Politico44

      Homeland Security Secretary Janet Napolitano will travel to Oklahoma Wednesday to inspect damage from the deadly tornado that struck there, White House press secretary Jay Carney said.

      Napolitano will join FEMA administrator Craig Fugate, who is already directing the federal response to the storm that caused severe damage and killed dozens in Oklahoma City and its suburbs.

      Carney said President Barack Obama does not yet have plans to visit the storm-damaged communities.

    • CR says:

      Sunday, May 26th – President Obama travels to the Oklahoma City area to meet with families & first responders

  4. CR says:

    Vice President Biden to speak at Coast Guard Academy’s 132nd commencement

    March 28th, 2013 coastguardnews

    NEW LONDON, Conn. — Vice President Joe Biden is scheduled to deliver the keynote address during the U.S. Coast Guard Academy’s 132nd Commencement exercises May 22.

    The ceremony is scheduled to begin at 11 a.m. on Cadet Memorial Field; attendance is by invitation only.

    “Commencement is always a special time here, but it is particularly memorable when the Vice President of the United States is here to present the commissions to our new ensigns,” said Coast Guard Academy Superintendent Rear Adm. Sandra Stosz. “This will be a wonderful opportunity to showcase the academy and the city of New London,” Stosz added.

  5. CR says:

    May 17, 2013

    President and First Lady to Host Concert Honoring Carole King in the East Room

    Wednesday, May 22 * White House – As part of their “In Performance at the White House” series, the President and First Lady will host a concert in the East Room honoring singer-songwriter Carole King, who will be awarded the 2013 Library of Congress Gershwin Prize for Popular Song. President Obama will present the award as he did when the Library of Congress honored Stevie Wonder (2009), Sir Paul McCartney (2010), and the songwriting team of Burt Bacharach and Hal David (2012). The program will include performances by King, as well as Gloria Estefan, Billy Joel, Jesse McCartney, Emeli Sandé, James Taylor and Trisha Yearwood.

    The President’s remarks will be pooled press and the entire event will be streamed live on http://www.whitehouse.gov/live starting at 7:00 PM ET. “Carole King: The Library of Congress Gershwin Prize In Performance at the White House” will be broadcast Tuesday, May 28 at 8:00 PM ET on PBS stations nationwide (check local listings). The program will also be broadcast at a later date via the American Forces Network to American service men and women and civilians at U.S. Department of Defense locations around the world.

    For more: http://www.whitehouse.gov/the-press-office/2013/05/17/president-and-first-lady-host-concert-honoring-carole-king-east-room

  6. CR says:

    Sales of Existing U.S. Homes Rise to Three-Year High: Economy

    May 22, 2013 9:41 AM PT By Lorraine Woellert – bloomberg

    Sales of previously owned U.S. homes climbed in April to the highest level in more than three years even as the market remained constrained by a lack of inventory and strict borrowing rules.

    Purchases (ETSLTOTL) of existing houses increased 0.6 percent to an annual rate of 4.97 million, the most since November 2009, the National Association of Realtors reported today in Washington. The median price rose 11 percent compared with April 2012, the fifth consecutive month that property values advanced more than 10 percent year over year.

    The fewest number of homes for sale in more than a decade, lingering lender aversion to housing debt and conservative appraisals are probably preventing the market from making bigger strides. Federal Reserve Chairman Ben S. Bernanke today said policy makers are aware that a jump in interest rates may derail the expansion, a signal central bankers will continue to hold borrowing costs down.

    “Housing can still be improved,” said Brian Jones, senior U.S.

    economist at Societe Generale in New York, who correctly forecast the gain in sales. “There are some problems with people closing,” Jones said. “There are more sales in the pipeline.”

    Bernanke said in testimony before Congress that the economy remains hampered by high unemployment and government spending cuts, and tightening policy too soon would endanger the recovery.

    For more: http://www.bloomberg.com/news/2013-05-22/sales-of-previously-owned-u-s-homes-climb-to-three-year-high.html

  7. CR says:

    Next Up…

    11:00 AM ET
    Vice President Joe Biden delivers the Commencement address for the Coast Guard Academy
    Cadet Memorial Field, New London, CT

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

    Department of Defense http://www.defense.gov/live2/

  8. CR says:

    11:00 AM ET
    First Lady Michelle Obama vists Decatur House Visit
    Washington DC

    • CR says:

      May 22, 2013

      Remarks by the First Lady at Decatur House Visit

      Decatur House
      Washington D.C.

      11:19 A.M. EDT

      MRS. OBAMA: Good morning. (Applause.) Thank you so much. Good morning, everyone. Thank you. I am truly delighted to be here.

      But before I begin, I want to just take a moment to say that our thoughts and prayers are with all of the people in Oklahoma. And as you all know, my husband and his team continue to monitor the situation, and he has directed the full resources of the federal government to be there for the people of Oklahoma as they begin to recover and rebuild.

      And it’s important to remember during these times that the spirit of unity and resolve and resilience that has defined that situation as we watch the people in Oklahoma recover and work together, that that’s the kind of resilience that has defined this country since its inception. It’s who we are as Americans. And it’s that history that brings us together today.

      So I want to start by thanking Fred for that very kind introduction, but more importantly, for his leadership throughout so many presidents to tell the story of this country; as well as Ken and Stephanie for their leadership and hard work to make this day possible. We should give them all another round of applause for their efforts. (Applause.)

      For nearly 200 years, as our country has grown and evolved, the Decatur House has grown and evolved right along with it. This house has hosted parties and social events with some of our nation’s foremost leaders. It’s been a residence for secretaries of state, and at one time, it served as headquarters for the Army Subsistence Department of the Civil War.

      But from the back of the house, from a structure far less lavish, comes even more history — the kinds of stories that too often get lost, the kinds of stories that are a part of so many of our families’ histories, including my own. I’m talking about the slaves here at Decatur House who spent their lives within shouting distance of one of the most powerful buildings on the planet — a bastion of freedom and justice for all.

      Yet, within this very place, about 20 men and women spent their days serving those who came and went from this house and their nights jammed together on the second floor of the slave quarters, all the while holding onto a quiet hope, a quiet prayer that they, too, and perhaps their children, would someday be free. These stories of toil, and sweat, and quiet, unrelenting dignity — these stories are as vital to our national memory as any other. And so it is our responsibility as a nation to ensure that these stories are told.

      For more: http://www.whitehouse.gov/the-press-office/2013/05/22/remarks-first-lady-decatur-house-visit

      ————

      PATHS TO FREEDOM : Slavery, Emancipation, and the Power of the President

      Free Field Trip Program for Grades 4-6 at Decatur House on Lafayette Square, Washington D.C.

      This field trip experience invites students to explore notions of bondage and freedom within the real historic spaces of Decatur House.

      For more: http://www.whitehousehistory.org/whha_classroom/programs_paths.html

  9. CR says:

    1:30 PM ET
    President’s National Security Telecommunications Advisory Committee
    The White House

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

    • CR says:

      President’s National Security Telecommunications Advisory Committee

      Published on May 24, 2013

      Chief executives from major telecommunications companies, network service providers, information technology, finance, and aerospace companies provide the President with collaborative advice and expertise, as well as robust reviews and recommendations to help the U.S. Government maintain a reliable, secure, and resilient national communications posture.

  10. CR says:

    3:00 PM ET
    Harvey Milk Champions of Change
    The White House

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

  11. CR says:

    7:25 PM ET
    President Obama and First Lady Michelle hosts an “In Performance at the White House” Gershwin Prize Concert for Popular Song
    East Room

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

    • CR says:

      May 22, 2013

      Remarks by the President Presenting Carole King the Gershwin Prize

      East Room
      Washington, D.C.

      8:32 P.M. EDT

      THE PRESIDENT: Thank you. I have to say that as the podium came out, which meant that was my cue, my mother-in-law said, “Oh, shoot.” (Laughter.) True story — she was getting into the music. (Laughter.) Welcome to the White House, everybody.

      I want to start by thanking all the incredible artists who have joined us to pay tribute to the one and only Carole King. (Applause.) I also want to thank Dr. James Billington and all the folks at the Library of Congress not just for making this event possible, but for the outstanding work that they do every day to preserve the very best of our culture for generations to come. (Applause.)

      Of course, as we gather tonight to present this award, our thoughts and prayers remain with the wonderful people of Oklahoma. They have suffered mightily this week. And while the road ahead will be long, their country will be with them every single step of the way. That’s who we are and that’s how we treat our family and friends, and our neighbors wherever they are in the country. So we’re going to help them recover. We’re going to help them rebuild for as long as it takes. And eventually, life will go on and new memories will be made. New laughter will come. New songs will be sung.

      And that’s often why we turn to music during trying times — for comfort and for inspiration, and sometimes just for a good diversion. George Gershwin, it was said, was a “man who lives in music,” who “expresses everything, serious or not, sound or superficial, by means of music, because it is his native language.” And I can’t think of a better description of tonight’s Gershwin Prize recipient, singer-songwriter Carole King.

      For more: http://www.whitehouse.gov/the-press-office/2013/05/22/remarks-president-presenting-carole-king-gershwin-prize

  12. CR says:

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

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

  13. CR says:

    WH

    Thursday, May 23, 2013

    All Times Eastern

    7:00 AM
    8:00 AM
    9:00 AM
    10:00 AM
    10:15 AM
    President Obama and Vice President Biden receives the presidential daily briefing

    11:00 AM
    President Obama meets with senior advisors

    12:00 PM
    12:30 PM
    President Obama and Vice President Biden meet for lunch

    1:00 PM
    2:00 PM
    President Obama speaks on the Administration’s counterterrorism policy
    National Defense University

    3:00 PM
    4:00 PM
    5:00 PM
    6:00 PM
    7:00 PM
    8:00 PM
    9:00 PM
    10:00 PM

  14. CR says:

    Obama to speak on Guantanamo, counterterror drones

    5/19/13 8:42 AM EDT By JENNIFER EPSTEIN – POLITICO44

    President Obama plans to speak Thursday on his administration’s evolving counterterrorism policies, a White House official told POLITICO, and will discuss administration’s controversial use of drones and renewed plans to close the detention facility at Guantanamo Bay.

    Obama will “discuss our broad counterterrorism policy, including our military, diplomatic, intelligence and legal efforts” at National Defense University in Washington, the official said.

    The speech comes amid renewed scrutiny of counterterror coordination after April’s attack at the Boston Marathon, a lengthy hunger strike among more than half of Guantanamo’s detainees, and the administration’s pursuit of leakers of classified information to The Associated Press. He had planned to deliver it earlier in May, but the speech was delayed as the administration worked to respond to recent events and refined its policies, the official said.

    For more: http://www.politico.com/politico44/2013/05/obama-to-speak-on-guantanamo-counterterror-drones-164301.html

    • CR says:

      May 23, 2013

      Background Briefing by Senior Administration Officials on the President’s Speech on Counterterrorism

      Via Conference Call

      12:03 P.M. EDT

      MS. HAYDEN: Hi, guys. Thanks for joining, and apologies for a slight delay. We’re here talking today about the speech the President is about to give at 2:00 p.m. at National Defense University on counterterrorism. This call is on background, attributable to senior administration officials. This call is embargoed until 2:00 p.m. when the President speaks.

      We actually don’t have a lot of time so we’ll go ahead and get started.

      SENIOR ADMINISTRATION OFFICIAL: Thanks, everybody, for joining the call. I’ll just run through some of the elements of the speech and then we’ll take your questions.

      The purpose of this speech is to take a step back and to take a broad look at our counterterrorism efforts, and I think you will see the President cover a significant amount of ground in this speech. He’ll review what has taken place since 9/11 in the war against al Qaeda and its associated forces, and he will discuss how the threat has changed substantially over the course of the last decade.

      We now face a situation in which the core of al Qaeda in Afghanistan and Pakistan is on a path to defeat. They have been greatly damaged by our relentless pursuit of al Qaeda senior leadership, and the threat of 9/11-style attacks, mass casualty attacks in the United States, has been greatly reduced.

      At the same time, however, we have seen the threat change significantly and new threats have emerged. For instance, we face a threat from al Qaeda affiliates, notably AQAP, who continue to plot against the homeland. We face a threat from the unrest in the Arab world, which has allowed extremists to gain a foothold in countries that are undergoing significant change. These groups are often more locally focused in terms of the types of attacks that they carry out. And we are vigilant, of course, for any ambitions that they may demonstrate towards transnational plotting, but a lot of these groups do not focus on attacks beyond their borders. And of course, we also face a threat from homegrown violent extremism, as we recently saw in Boston.

      So you face a situation where threats like those from AQAP, like those of the attacks on our diplomatic facility in Benghazi, and like those of the attacks in Boston represent the future of the types of threats we’re facing from terrorism, rather than the type of threat we faced on 9/11.

      So the President will discuss a broad strategy for how we deal with that threat. I’ll just talk through several of the elements that he’ll discuss.

      For more: http://www.whitehouse.gov/the-press-office/2013/05/23/background-briefing-senior-administration-officials-presidents-speech-co

  15. CR says:

    Tesla Repays Department of Energy Loan Nine Years Early
    Only American Car Company to Have Paid Back Government

    5/12/13 Tesla Motors, Inc. – 15 hours ago

    PALO ALTO, CA–(Marketwired – May 22, 2013) – Tesla Motors (NASDAQ: TSLA) announced that it has paid off the entire loan awarded to the company by the Department of Energy in 2010. In addition to payments made in 2012 and Q1 2013, today’s wire of almost half a billion dollars ($451.8M) repays the full loan facility with interest. Following this payment, Tesla will be the only
    American car company to have fully repaid the government.

    For the first seven years since its founding in 2003, Tesla was funded entirely with private funds, led by Elon Musk. Tesla brought its Roadster sports car to market with a 30% gross margin, designed electric powertrains for Daimler (Mercedes) and had done preliminary design of the Model S all before receiving a government loan.

    In 2010, Tesla was awarded a milestone-based loan, requiring matching private capital obtained via public offering, by the DOE as part of the Advanced Technology Vehicle Manufacturing program.

    This program was signed into law by President Bush in 2008 and then awarded under the Obama administration in the years that followed. This program is often confused with the financial bailouts provided to the then bankrupt GM and Chrysler, who were ineligible for the ATVM program, because a requirement of that program was good financial health.

    The loan payment was made today using a portion of the approximately $1 billion in funds raised in last week’s concurrent offerings of common stock and convertible senior notes. Elon Musk, Tesla’s Chief Executive Officer and cofounder, purchased $100 million of common equity, the least secure portion of the offering. “I would like to thank the Department of Energy and the members of Congress and their staffs that worked hard to create the ATVM program, and particularly the American taxpayer from whom these funds originate,” said Elon Musk. “I hope we did you proud.”

    For more: http://finance.yahoo.com/news/tesla-repays-department-energy-loan-202746328.html;_ylt=AwrNUbEfA55RAF8AoTnQtDMD

  16. CR says:

    Jobless Claims in U.S. Dropped More Than Forecast Last Week

    May 23, 2013 5:45 AM PT By Jeanna Smialek – bloomberg

    Fewer Americans than projected filed applications for unemployment benefits last week, a sign that the job market is sustaining recent gains.

    Jobless claims decreased by 23,000 to 340,000 in the week ended May 18, Labor Department figures showed today in Washington. The median forecast of 50 economists surveyed by Bloomberg called for a drop to 345,000. No states were estimated and there was nothing unusual in the data, a Labor Department spokesman said.

    Falling dismissals could lay the groundwork for a hiring pickup should the economy be able to overcome the federal budget cuts that are projected to curb the expansion. Federal Reserve Chairman Ben S. Bernanke yesterday said the job market is still weak, one reason why policy makers will continue buying bonds in a bid to keep interest rates low and spur growth.

    “We’re definitely moving in the right direction,” said Carl Riccadonna, a senior U.S. economist at Deutsche Bank Securities Inc. in New York, who correctly predicted the drop in applications. “If we can get back to 330,000 or lower, that’s going to be an early sign that the economy is accelerating into the second half of the year.”

    Stock-index futures held earlier losses after the report as data showed Chinese manufacturing unexpectedly shrank and equity markets from Europe to Japan tumbled. The contract on the Standard & Poor’s 500 Index maturing in June fell 1 percent to 1,638.5 at 8:44 a.m. in New York.

    Economists’ estimates in the Bloomberg survey ranged from 338,000 to 360,000. The Labor Department revised the previous week’s figure to 363,000 from an initially reported 360,000.

    For more: http://www.bloomberg.com/news/2013-05-23/jobless-claims-in-u-s-decreased-more-than-forecast-last-week.html

  17. CR says:

    PMI Manufacturing Index Flash

    Released On 5/23/2013 8:58:00 AM For May, 2013

    Prior Consensus Consensus Range Actual
    Level 52.0 50.8 50.1 to 53.0 51.9

    Highlights
    Growth in general activity is steady and modest so far this month in the nation’s manufacturing sector based on the PMI flash which slipped fractionally to 51.9 vs a final April reading of 52.1 and the mid-month April flash reading of 52.0. These levels are virtually identical, all just a bit over 50 to indicate monthly growth and all at about the same pace.

    A plus for the May flash report is strength in new orders which are up 1.3 points to 52.8 which points to a rising rate of monthly growth. Other readings are mixed with backlog orders steady, inventories moving lower, price pressures rising slightly, and hiring slowing.

    For more: http://www.bloomberg.com/markets/economic-calendar/

  18. CR says:

    FHFA House Price Index

    Released On 5/23/2013 9:00:00 AM For Mar, 2013

    Prior Prior Revised Consensus Consensus Range Actual
    M/M change 0.7 % 0.9 % 0.9 % 0.3 % to 1.2 % 1.3 %
    Y/Y change 7.1 %
    7.2 %
    Highlights
    The Fed’s quantitative easing continues to help asset prices rise in the housing market-although supply shortages remain a key factor. The FHFA price index for March advanced 1.3 percent after improving 0.9 percent the month before. The latest number came in above the consensus forecast for 0.9 percent.

    The March boost was led by the Pacific region, increasing 2.3 percent. All nine Census regions posted gains in the latest month with the softest rise being 0.5 percent in the West South Central region.

    House prices according to the FHFA measure have risen for 14 consecutive months.

    The year-on-year rate for March improved to plus 7.2 percent versus 7.1 percent for the month before.

    Source: http://www.bloomberg.com/markets/economic-calendar/

  19. CR says:

    Confidence Improves as U.S. Consumers’ Views on Economy Mend

    May 23, 2013 6:45 AM PT By Michelle Jamrisko – bloomberg

    Consumer sentiment advanced last week, an indication that gains in housing and stock markets are bolstering Americans’ outlooks on the economy.

    The weekly Bloomberg Consumer Comfort Index (COMFCOMF) increased to minus 29.4 for the period ended May 19 from minus 30.2 the prior week. A measure of personal finances was positive for a sixth consecutive week, the longest stretch in more than five years.

    Higher stock prices and property values are helping consumers repair finances, which may underpin spending, the biggest part of the economy. Many Federal Reserve policy makers have said more labor-market progress is needed to ensure the expansion is sustained, which means low interest rates will probably continue to prop up households’ assets.

    “Price appreciation in domestic equity markets and housing has likely bolstered confidence of Americans in the sustainability of the current expansion,” said Joseph Brusuelas, a senior economist at Bloomberg LP in New York. “The late arrival of the recovery in housing should serve to elongate that expansion.”

    The comfort gauge has been hovering close to a five-year high of minus 28.9 reached at the end of April. It foreshadowed a similar gain in the Thomson Reuters/University of Michigan index of consumer sentiment, which reached an almost six-year high this month.

    Fewer Americans than projected filed applications for unemployment benefits last week, a sign that the job market is sustaining recent gains, another report today showed.

    For more: http://www.bloomberg.com/news/2013-05-23/confidence-improves-as-u-s-consumers-views-on-economy-mend.html

  20. CR says:

    Why Dropping LGBT Equality from Immigration Bill is Tragic, But Probably Also Meaningless

    Wednesday, May 22, 2013 | Posted by Spandan C – ThePeoplesView

    No one who believes in equality should be happy that the Senate’s bipartisan immigration reform bill has dropped immigration equality as a cornerstone policy. Thanks to Republican homophobia and threats to pull support should gay people be treated the same as straight people under our immigration laws, Democrats have agreed to drop that language in the interest of broader reform. And that has some gay groups fuming.
    “Today it became clear that our so-called ‘friends’ don’t have the courage or the spine to stand up for what’s right,” Felipe Sousa-Rodriguez, co-director of the social-justice organization GetEQUAL, said.

    Sousa-Rodriguez said Democratic lawmakers “are content to buy into the false choice that Republicans created — holding a sorely-needed immigration bill hostage in order to cement inequality into law.”
    While I am not happy either that the president’s proposal to create immigration equality is not included as part of the immigration reform bill, I have never cared for the extremist tactics of groups like GetEQUAL (think chaining yourself to the fence of the friendliest White House in history). They are trying to create another public option pony demand, when it is pretty clear that the entire immigration bill would likely fail should provisions for same sex couples be included. It’s not a good thing, but it is fact. Unfortunately, there is nothing false about this choice, as disheartening as the choice may be.

    As a gay American and as an immigrant, this hurts. But I am not about to derail comprehensive immigration reform based on one issue – one issue that may, ultimately, be meaningless. Instead of channeling our outrage to something destructive, let’s channel it to understand something: marriage equality is on a fast track, and it is going to happen. Immigration equality will automatically follow marriage equality.

    Let’s consider the Supreme Court cases under consideration now. The Supreme Court will rule on the Constitutionality of the Defense of Marriage Act and California’s Proposition 8. If the Court strikes down DOMA, as seems likely, the federal government will have no choice but to recognize all legal marriages performed in all states, including same sex marriages performed in states where it is already legal. Better yet, if the Supreme Court decides on the Constitutionality of marriage in our favor in invalidating Prop 8, marriage equality will be the law of the land instantly. In either of those scenarios, immigration equality – at least for marriages performed in certain states – may become law well before comprehensive immigration reform.

    For more: http://www.thepeoplesview.net/2013/05/the-agitating-lefts-dumb-attack-on.html#disqus_thread

  21. CR says:

    New U.S. Home Sales Rose to Second-Highest Level Since 2008

    May 23, 2013 7:24 AM PT By Lorraine Woellert – bloomberg

    Sales of new U.S. homes climbed in April to the second-highest level in almost five years as lower borrowing costs and job gains drew more buyers into the market.

    Purchases (ETSLTOTL) rose 2.3 percent to an annualized pace of 454,000 homes from 444,000 in March that was faster than first estimated, the Commerce Department said today in Washington. The median estimate of 76 economists surveyed by Bloomberg called for a gain to 425,000. The data included revisions back to January 2011. The median selling price rose to a record on sales of more expensive properties.

    Demand for new and previously owned homes is sustaining progress in residential construction that is poised to keep fueling the economic expansion. Builders such as PulteGroup Inc. (PHM), home-improvement retailers like Lowe’s Cos. and lenders are benefiting from higher property values, lower mortgage rates and a pickup in household formation.

    “We’re moving in the right direction,” said Kevin Cummins, an economist at UBS Securities LLC in Stamford, Connecticut, who projected a sales pace of 440,000. “It’s pretty much consistent with an improvement we’ve seen in the labor market and income.”

    Stocks held losses after the figures as data showed Chinese manufacturing unexpectedly shrank. The Standard & Poor’s 500 Index dropped 0.7 percent to 1,644.18 at 10:16 a.m. in New York.

    The April pace of home sales was second only to January’s 458,000 that was the highest since July 2008. Economists’ estimates ranged from 406,000 to 440,000 after a previously reported 417,000 pace in March.

    For more: http://www.bloomberg.com/news/2013-05-23/sales-of-new-homes-in-u-s-climbed-to-454-000-pace-in-april.html

  22. CR says:

    May 22, 2013

    Statement by NSC Spokesperson Caitlin Hayden on National Security Advisor Tom Donilon’s Meeting with Russian Security Council Secretary Patrushev

    President Obama joined National Security Advisor Tom Donilon’s meeting today with Russian Security Council Secretary Nikolay Patrushev. The President expressed appreciation for President Putin’s condolences and offer of assistance in the wake of the Oklahoma tornado. The President reaffirmed his desire to strengthen the bilateral relationship, including U.S.-Russian economic ties. They also discussed the importance of deepening counterterrorism cooperation and the need for a negotiated political settlement in Syria. The President noted he looked forward to seeing President Putin in June at the G-8 Summit.

  23. CR says:

    Obama condemns brutal London killing

    5/23/13 1:40 PM EDT By REID J. EPSTEIN – POLITICO44

    President Barack Obama condemned “in the strongest terms the appalling attack” that killed an off-duty British soldier in a London suburb.

    “There can be absolutely no justification for such acts, and our thoughts and prayers are with the family of the victim, the police and security services responding to this horrific act and the communities they serve, and the British people,” Obama said in a statement the White House released Thursday.

    Obama also reaffirmed the “special relationship” between the United States and the United Kingdom.

    The broad-daylight killing captured global attention Wednesday when a video went viral of the bloodied assailant vowing that “you people will never be safe” while the victim lay dead in the street behind him.

    For more: http://www.politico.com/politico44/2013/05/obama-condemns-brutal-london-killing-164676.html

  24. CR says:

    Next Up…

    2:00 PM ET
    President Obama speaks on the Administration’s counterterrorism policy
    National Defense University

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

    CSPAN http://www.c-spanvideo.org/program/312917-1

    • CR says:

      May 23, 2013

      Remarks by the President at the National Defense University

      National Defense University
      Fort McNair
      Washington, D.C.

      2:01 P.M. EDT

      THE PRESIDENT: Good afternoon, everybody. Please be seated.

      It is a great honor to return to the National Defense University. Here, at Fort McNair, Americans have served in uniform since 1791 — standing guard in the earliest days of the Republic, and contemplating the future of warfare here in the 21st century.

      For over two centuries, the United States has been bound together by founding documents that defined who we are as Americans, and served as our compass through every type of change. Matters of war and peace are no different. Americans are deeply ambivalent about war, but having fought for our independence, we know a price must be paid for freedom. From the Civil War to our struggle against fascism, on through the long twilight struggle of the Cold War, battlefields have changed and technology has evolved. But our commitment to constitutional principles has weathered every war, and every war has come to an end.

      With the collapse of the Berlin Wall, a new dawn of democracy took hold abroad, and a decade of peace and prosperity arrived here at home. And for a moment, it seemed the 21st century would be a tranquil time. And then, on September 11, 2001, we were shaken out of complacency. Thousands were taken from us, as clouds of fire and metal and ash descended upon a sun-filled morning. This was a different kind of war. No armies came to our shores, and our military was not the principal target. Instead, a group of terrorists came to kill as many civilians as they could.

      And so our nation went to war. We have now been at war for well over a decade. I won’t review the full history. What is clear is that we quickly drove al Qaeda out of Afghanistan, but then shifted our focus and began a new war in Iraq. And this carried significant consequences for our fight against al Qaeda, our standing in the world, and — to this day — our interests in a vital region.

      Meanwhile, we strengthened our defenses — hardening targets, tightening transportation security, giving law enforcement new tools to prevent terror. Most of these changes were sound. Some caused inconvenience. But some, like expanded surveillance, raised difficult questions about the balance that we strike between our interests in security and our values of privacy. And in some cases, I believe we compromised our basic values — by using torture to interrogate our enemies, and detaining individuals in a way that ran counter to the rule of law.

      So after I took office, we stepped up the war against al Qaeda but we also sought to change its course. We relentlessly targeted al Qaeda’s leadership. We ended the war in Iraq, and brought nearly 150,000 troops home. We pursued a new strategy in Afghanistan, and increased our training of Afghan forces. We unequivocally banned torture, affirmed our commitment to civilian courts, worked to align our policies with the rule of law, and expanded our consultations with Congress.

      Today, Osama bin Laden is dead, and so are most of his top lieutenants. There have been no large-scale attacks on the United States, and our homeland is more secure. Fewer of our troops are in harm’s way, and over the next 19 months they will continue to come home. Our alliances are strong, and so is our standing in the world. In sum, we are safer because of our efforts.

      Now, make no mistake, our nation is still threatened by terrorists. From Benghazi to Boston, we have been tragically reminded of that truth. But we have to recognize that the threat has shifted and evolved from the one that came to our shores on 9/11. With a decade of experience now to draw from, this is the moment to ask ourselves hard questions — about the nature of today’s threats and how we should confront them.

      And these questions matter to every American.

      For over the last decade, our nation has spent well over a trillion dollars on war, helping to explode our deficits and constraining our ability to nation-build here at home. Our servicemembers and their families have sacrificed far more on our behalf. Nearly 7,000 Americans have made the ultimate sacrifice. Many more have left a part of themselves on the battlefield, or brought the shadows of battle back home. From our use of drones to the detention of terrorist suspects, the decisions that we are making now will define the type of nation — and world — that we leave to our children.

      So America is at a crossroads. We must define the nature and scope of this struggle, or else it will define us. We have to be mindful of James Madison’s warning that “No nation could preserve its freedom in the midst of continual warfare.” Neither I, nor any President, can promise the total defeat of terror. We will never erase the evil that lies in the hearts of some human beings, nor stamp out every danger to our open society. But what we can do — what we must do — is dismantle networks that pose a direct danger to us, and make it less likely for new groups to gain a foothold, all the while maintaining the freedoms and ideals that we defend. And to define that strategy, we have to make decisions based not on fear, but on hard-earned wisdom. That begins with understanding the current threat that we face

      For more: http://www.whitehouse.gov/the-press-office/2013/05/23/remarks-president-barack-obama

    • CR says:

      May 23, 2013

      Fact Sheet: The President’s May 23 Speech on Counterterrorism

      In a broad and comprehensive address at National Defense University, President Obama laid out the framework for U.S. counter-terrorism strategy as we wind down the war in Afghanistan. The President provided the American people with an update on how the threat of terrorism has changed substantially since September 11, 2001, as Al Qaeda’s core in Afghanistan and Pakistan has been decimated, and new threats have emerged from al Qaeda affiliates, localized extremist groups, and homegrown terrorists. The President also discussed our comprehensive strategy to meet these threats, including waging the war against al Qaeda and our counter-terrorism efforts more broadly. The following are some of the policy highlights from the President’s speech:

      * Responding to the Threat: Targeting Terrorists and Leveraging Effective Partnerships

      * Standards for Taking Lethal Action

      * Oversight and Authorities

      * Beyond the Use of Force: Diplomatic Engagement and Assistance

      * Domestic Radicalization

      * A Balance Between Security and Civil Liberties

      * Closing Guantanamo

      For more: http://www.whitehouse.gov/the-press-office/2013/05/23/fact-sheet-president-s-may-23-speech-counterterrorism

  25. CR says:

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

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

  26. CR says:

    Lois Lerner put on administrative leave by IRS

    May 23, 2013 at 5:27 By Ed O’Keefe – washingtonpost

    Lois Lerner, the director of the tax-exempt organizations division at the Internal Revenue Service, has been placed on administrative leave, sources in Congress and the administration confirm.

    Lerner was the official who revealed during a May 10 American Bar Association conference in Washington that employees in the IRS’s tax-exempt unit in Cincinnati had improperly scrutinized applications from dozens of organizations. On Wednesday, she invoked her Fifth Amendment right against self-incrimination to avoid testifying before the House Oversight and Government Reform Committee.

    “I have not done anything wrong,” she said. “I have not broken any laws. I have not violated any IRS rules or regulations. And I have not provided false information to this or any other congressional committee.”

  27. CR says:

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

    Come on over to my newest post titled: “U.S. Naval Academy Commencement 2013 & Counterterrorism Policy”

    ********************

    To get to the newest post click on “HOME” at the top of the thread

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