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Tag Archives: White House

Newt Gingrich talks his way into trouble

19 Saturday Nov 2011

Posted by Noel Williams (prhayz) www.prhayz.com in News, Politics

≈ 3 Comments

Tags

Fannie Mae, Freddie Mac, GOP, Newt Gingrich, Presidential Campaign, presidential hopefuls, Republican, White House

Former Speaker of the House Newt Gingrich spea...

Image via Wikipedia

Former disgraced Speaker of the House, Newt Gingrich is back in the saddle after falling off his horse at the starting line. At least according to one poll (Public Policy Polling), Gingrich is actually the GOP front-runner. But this sudden surge in his popularity may not last. He was caught lying  about his involvement with mortgage giant, FREDDIE MAC.

Mr. Gingrich has been relentless in his criticism against FANNIE and FREDDIE–in public. But secretly he was a lobbyist for FREDDIE MAC.

According to Bloomberg News: “Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac, according to two people familiar with the arrangement.

The total amount is much larger than the $300,000 payment from Freddie Mac that Gingrich was asked about during a Republican presidential debate on Nov. 9 sponsored byCNBC, and more than was disclosed in the middle of congressional investigations into the housing industry collapse.

Gingrich’s business relationship with Freddie Mac spanned  eight years. When asked at the debate what he did to earn a $300,000 payment in 2006, the former speaker said he “offered them advice on precisely what they didn’t do,” and warned the company that its lending practices were “insane.” But former Freddie Mac executives who worked with Gingrich dispute that account.”

Related articles
  • Gingrich History of Failing to Disclose Conflicts of Interest (maboulette.wordpress.com)

First Family visits King Memorial

15 Saturday Oct 2011

Posted by Noel Williams (prhayz) www.prhayz.com in News, Politics

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Barack Obama, Illinois, King, Martin Luther King, Martin Luther King Jr. National Memorial, National Mall, White House

3. Martin Luther King, Jr., a civil rights act...

Image via Wikipedia

President Obama and family made an unannounced night-time visit to the Martin Luther King Jr. Memorial.

News photographers were not allowed during the first family’s tour.

The visit fulfilled a promise president Obama made five years ago. “I know that one of my daughters will ask, perhaps my youngest, will ask, “Daddy, why is this monument here? What did this man do?” Obama, then a senator representing Illinois, said during a 2006 groundbreaking ceremony for the memorial to the civil rights pioneer.

The president speaks at the formal dedication of the King Memorial on Sunday October 16, 2011.

According to the  Associated Press:

At a ground-breaking ceremony for the memorial five years ago, Obama, then a senator from Illinois, spoke about what it would be like to bring his daughters to see it.

“I know that one of my daughters will ask, perhaps my youngest, will ask, “Daddy, why is this monument here? What did this man do?” Obama said.

The young senator is now president, and the King memorial is complete, having opened to the public in August. On Sunday, the country’s first black president will be a featured speaker at the dedication ceremony …

… Obama will speak in front of a 30-foot sculpture of King, arms crossed, looking out into the horizon. The civil rights leader appears to emerge from a stone extracted from a mountain. The monument’s design was inspired by a line from the famous 1963 “Dream” speech delivered during the March on Washington in 1963: “Out of the mountain of despair, a stone of hope.”

Situated between the Lincoln and Jefferson memorials, King’s is the first monument on the National Mall honoring a black leader.

Obama was  6 years old when Martin Luther King was assassinated in Memphis, Tenn. But he has often talked about the influence King’s life, particularly his commitment to public service, has had on him.

In a 2009 newspaper editorial written just days before his inauguration, Obama wrote that King “lived his life as a servant to others,” and urged Americans to follow his example and find ways to enrich people’s lives in their communities and across the country.

Political sound bite of the week “Now is not my time”

08 Saturday Oct 2011

Posted by Noel Williams (prhayz) www.prhayz.com in News, Politics

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Chris Christie, Election Campaign, GOP, Governor of New Jersey, New Jersey, News Conference, Republican, Straw poll, White House

“Now Is Not My Time”

After much ambivalence, New Jersey Governor Chris Christie, announced on Tuesday October 4, 2011 at a News Conference in Trenton, NJ, that he was not going to run for president of the United States.

The Governor had said all along that he was not going to run. But after GOP and Tea Party hopeful, Rick Perry’s poor showing in the Florida debate and Straw Polls, GOP big donors who have had it with Christie’s indecisiveness, began their last aggressive push to get Chris Christie to jump in the race.

In the end , the Governor announced: “Now is not my time”. The announcement  left many disappointed and heart-broken.

Political sound bites of the week

24 Saturday Sep 2011

Posted by Noel Williams (prhayz) www.prhayz.com in News, Politics, Women

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Debt &Deficits., Mitt Romney, Presidential Campaign, presidential hopefuls, Rick Perry, US Economy, Video Log, White House

John Boehner Jobs Plan Rules Out Tax Increases

16 Friday Sep 2011

Posted by Noel Williams (prhayz) www.prhayz.com in Business, Debt &Finance, Economy, News, Politics

≈ 6 Comments

Tags

Barack Obama, Debt &Deficits., GOP, John Boehner, Joint Committee, US Economy, Wall Street, Washington, White House

John Boehner

Image via Wikipedia

Once again, Speaker John Boehner and the GOP, have shown their disdain and disregard for the middle class and the poor. The GOP took over full control of the US House of Representatives in the 2010 elections, because they campaigned on job creation and spending cuts. But to date they have not done anything–absolutely nothing to create jobs or to alleviate the pain and suffering of the poor and needy. The only thing Mr. Boehner and his colleagues have done thus far is to oppose everything president Obama proposes and blame him for a bad economy.

On Thursday September 15 2011, Speaker Boehner presented his so-call jobs bill to the nation, in form of an address to the economic club of Washington. He called Obama’s plan to create jobs, which comprises a mix of tax incentives and state-targeted spending, a “poor substitute” for policies he,  Mr. Boehner views as more effective.

He continues to say; “Private-sector job creators of all sizes have been pummeled by decisions made in Washington. They’ve been slammed by uncertainty from the constant threat of new taxes, out-of-control spending, and unnecessary regulation from a government that is always micromanaging, meddling, and manipulating,” said Boehner. “They’ve been hurt by a government that offers short-term gimmicks rather than fundamental reforms that will encourage long-term economic growth.”

Boehner went on to say:

“It’s a very simple equation. Tax increases destroy jobs. And the Joint Committee is a jobs committee. Its mission is to reduce the deficit that is threatening job creation in our country,” essentially pouring cold water on president Obama’s jobs bill which according to the CBO would create approximately 1.9 million jobs,  plus provide tax incentives for small and large business as well as extending unemployment benefits and provide tax cuts for struggling American families.

There shouldn’t be any  doubt whatsoever that the GOP is willing to negotiate in good faith– to ease the pain and suffering taking place in the richest country in the world.

In its response to Speaker Boehner’s speech, the White House through Jay Carney declares:

“Any plan to grow the economy and create jobs should be measured by whether it puts money in the pockets of middle class families, puts teachers, police officers, firefighters and construction workers back to work, and invests in our small businesses so they can grow and hire. The President’s plan meets that test. The American Jobs Act includes the kinds of proposals that have been supported in a bipartisan way in the past, is fully paid for, and prominent, independent economists say it could create between 1.5 and 2 million jobs. And the President’s plan rebuilds the economy the American way, based on balance, fairness and ensuring there is the same set of rules for everyone from Wall Street to Main Street. The President is committed to working with members of both parties in Congress to pass the American Jobs Act right away.”

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