The satirical stop-motion animation web series Enemies Domestic is back with another short, this time lampooning President Obama's wide array of scandals. It features animated, custom-designed action figures representing President Obama, Republican House Speaker John Boehner, Vice President Joe Biden, US Senator Rand Paul, and former congressman Ron Paul. Issues covered include recent efforts to restrict gun rights, the IRS and AP scandals, Benghazi, and more.
Comedian Alex Barnett rants about John Boehner's love of tanning
U.S. House of Representative Speaker, John Boehner, said he remained hopeful that an agreement to avert the looming fiscal cliff will be reached before the deadline...however no details were disclosed.
Boehner screws up, Christie cries about it, and Pelosi walks into a pole.
When Rand Paul endorsed Mitt Romney in the 2012 presidential election, he endured much criticism. Many branded him as a traitor, while others stated he only did what he had to do... to keep the Liberty movement alive.
Cameo appearances include the following:
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Comedian Alex Barnett rants about John Boehner's love of tanning
BY ERICA COGHILL
After a lot of recent talk concerning a possible double-dip recession, finally, some are saying there’s some good news for the U.S. economy. But is it good enough? Friday’s release of the U.S. September jobs report shows an addition of 103,000 non-farm payrolls for the month.
But CNBC says while the numbers are an improvement from August’s report of 57,000 jobs... it’s still not enough to put the U.S. economy in the clear.
“It’s much better than what we had a month ago, but it’s still not enough. It's not enough to erase the risk of recession, particularly if Europe goes down.” “No matter what these numbers say we still have a serious issue of long-term unemployment in the country.”
“These numbers are good, we will take them, but they are relative to very, very low expectations and they are certainly not good enough.”
But they were good enough for the stock market. According to The Wall Street Journal...
“U.S. stocks rose after an encouraging employment report showed that the U.S. economy added more jobs than expected last month, though weakness in the technology and financial sectors limited Friday's gains.”
And while September’s job numbers might be a sigh of relief for some, the unemployment rate remains at 9.1%... the same as August. Bloomberg says that’s not sitting well with Capitol Hill.
“The Speaker of the House, John Boehner, has been critical of this jobs report, saying our unemployment rate has been higher than 8 percent for more than 2 and a half years , far above what the Obama administration promised with the stimulus, they had been attacking those initial forecasts that were put out before that plan was passed and they are doing that both retroactively and trying to make an argument against the jobs plan the president has been trying to pass over the past two weeks.”
Despite that criticism, the Washington Post says the White House is also trying to use the report to its advantage—quoting a member of the Council of Economic Advisers.
“‘Clearly, we need faster economic growth to put Americans back to work … Today’s report underscores the President’s call for Congress to pass the American Jobs Act.’”
Politicking aside, an analyst with the Economist Intelligence Unit tells ABC News the U.S. economy must create about 200,000 jobs to actually start absorbing unemployment.
BY ADAM FALK
You're watching multisource politics news analysis from Newsy.
A debate over tax increases and spending cuts is heating up. Sound familiar? As President Obama prepares to unveil a new deficit reduction plan on Monday, politicians are -- again -- sparring over the best way to reduce the deficit and create jobs.
The New York Times reported Saturday, Obama’s plan will include a new minimum tax rate for millionaires, AKA the “Buffett Tax.” Less than 24 hours later, politicians hit the TV circuit to weigh in on the expected plan. Here’s Republican Sen. Lindsey Graham. (euronews)
“Tax policy is job policy. The tax code should be reformed for one purpose -- to generate more revenue to help run the government and create jobs jobs. When you pick one area of the economy, and say we'll tax those people because most people are not those people, that's class warfare.” (CNN)
Talking point? House Budget Committee Chairman Paul Ryan echoed the line on Fox News Sunday.
"Class warfare might make for good politics, but it makes for rotten economics.”
No word yet on how much the Buffet Rule will raise taxes. But a writer for Slate says the plan won’t get across-the-board opposition.
“But for some it will likely be a welcome bit of populism in a debt debate that has seen Republican leaders refusing to move on reducing debt by raising tax revenues. Last week, House Speaker John Boehner said that tax increases were not ‘a viable option’ for the six-person joint Congressional committee working on a plan for reducing the nation’s debt.”
The Washington Post agrees but notes the idea has little chance of getting the OK from Congress. Still, it could help shape populist message for Obama’s 2012 run and help the Pres get back some support from his own base.
“Congressional Democrats were also pleased with the proposed millionaire’s tax, calling it a welcome sign that Obama is ready to play hardball with Republicans who have taken the politically unpopular position of defending tax breaks for the wealthy.”
The Buffett Rule might be grabbing headlines, but sources are pointing out this is just one piece of Mr. Obama’s deficit-reduction plan, which as Fox News says must include poison pills for both parties to move forward.
“Any broad compromise that clears the bipartisan committee is almost certain to require Democratic agreement to savings from programs such as the Social Security pension program, along with Republican acquiescence to additional revenues, although any such trade-offs are rarely discussed openly until the last possible moment in negotiations.”
Ultimately, recommended changes will come from the congressional supercommittee set up after this summer’s debt ceiling debate. Will it be debt ceiling round two? Guess we’ll see. Their deadline -- 9 weeks and counting.
Transcript by Newsy.
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Gold & Silver
War in Libya\Gaddafi
Obama jobs speech
The markets are preparing for the vote later today. This is biggest vote since TARP was passed. This vote will be in regards to John Boehner's debt reduction and debt ceiling bill. If it does not pass, the markets will panic sell as it would be unlikely the debt ceiling would be raised before the August 2nd deadline. Stocks started the day with an optimistic push but have since fallen back to the flat line. Technology stocks like AAPL, GOOG, AMZN and IBM are leading, along with banks like GS and JPM. How do you play this vote?
July 27, 2011 (3:00)
Boehner Bills Faces GOP Opposition; USPS to Close 3700 Offices, Taliban Kill Kandahar Mayor; 32 Dead in S. Korea Landslides; Fox TV Paywall
As unemployment and inflation remain high, U.S. consumers are increasingly using their credit cards for life's necessities. Now just image how Americans finances would be without government support such as 'Food Stamps' which help 45 Million of us now.
The debt ceiling debate is still roaring and the current news is a potential deal to cut only $3 trillion over TEN years. But white house sources are denying that any deal is close to completion.
Tuesday the House passed the 'Cut, Cap and Balance' bill. The bill allows a debt ceiling increase only after Congress would approve a balanced budget amendment to the U.S. Constitution. However unlikely, this would surely help the United States return to fiscal sanity, a freer market and thusly prosper. The Senate is expected to vote on the bill today.
Although destructive in other ways, if the debt ceiling is not raised the U.S. will not or should not default on it's foreign obligations. As Ron Paul states, they're trying to frighten people with default.
A new Greek recovery plan rallied the euro Thursday and is supposedly going to give Greece a longer period of time to pay back their bailout loans.
It is only a matter of time before countries like Germany, who are holding the bag for Greece and other bailout countries, to leave the Euro to escape from being responsible for another nation's debt.
Gold breaks 1600 this past week and today the Hong Kong Mercantile Exchange is launching silver futures contracts. This should spell an even more bullish outlook for Silver and precious metals in general.
The U.S. Senate voted down the 'Cut, Cap and Balance' bill the House passed, Senator reid stating that it is "perhaps some of the worst legislation in the history of this country." The debt ceiling debate will continue
...until next time
[Please message if you want the script]
Ireland junk bond status
US downgrade review
social security checks not guaranteed:
*******www.youtube****/watch?v=fLzLPbwqggU (Obama cannot guarantee social security checks)
Jim DeMint accuses Obama of creating panic
Video 6:30 & 12min US Default
Bernanke says Gold isn't money
Gold hits new record
Ron Paul not seeking house re-election
Bernanke & QE3
A very attractive heckler at a speech reveals the truth about republican representative John Boehner!
BY JIM FLINK
You're watching multisource video news analysis from Newsy.
This is Newsy Now and here are the headlines you need to know.
In World News --- Former Pakistani President Pervez Musharaf is denying a London newspaper report which says Pakistan had a secret deal with the United States in place for years. A deal which would allow U.S. forces to move without prior approval inside Pakistan -- if the U.S. discovered the whereabouts of Osama bin Laden. Here’s India’s Times Now.
“Musharaf’s office has denied media reports of the deal between the U.S. and Pakistan which allowed the U.S. to carry out Operation Geronimo. They say, and I quote ‘There was never a verbal or even a written agreement... in this regard.”
Stateside -- House Speaker John Boehner is dispelling the notion, Congress might be considering a tax hike to settle mounting budget problems. Appearing in New York on behalf of a Republican Congressional hopeful, he sounded a lot like the old -- “read my lips” campaign. Here’s WIVB.
“And say no to the bailouts, say no to the stimulus, and say no to the continuous tax and spend crowd they have down there.”
In the Heart of America -- The worst floods to hit the central United States in more than 80 years have swallowed up homes, roadways and farms, as the Mississippi River swelled to six times its normal width. And while many people in and around Memphis, Tennessee have evacuated their homes, Al Jazeera reports, police are now patroling -- by power boat for those who have not.
“..to make sure we don’t have, first of all, people looting, stealing property. And also for the safety of people, we have people sight-seeing, we don’t want to have to come in here, somebody drowns, it’s hard to get emergency vehicles in here...”
Heat and Thunder.
Those two NBA teams were the big winners in the playoffs.
Miami has turned up the heat on the Celtics, who now trail 3-1 in the best of seven series.
The winner advances to the conference finals. Fox Sports has two of Miami’s Big Three on how big this game was.
LeBron James: “DWade has lost 11 straight in this building. I haven’t had much success in this building. So we put a lot of pressure on ourselves to do whatever it took.”
Dwyane Wade: “This is the biggest game for us -- since 2006.”
Turning to Tech.
Microsoft has reportedly agreed to buy Skype for $8.5 billion dollars.
No sooner had word leaked out, than the doubters came calling. Here’s The Guardian.
"The trouble is that Skype is one of those great internet ideas that can't be integrated into as many places as you might think. ... Mobile carriers will hate it. It's really, really hard to monetise ... Strategically, it's nonsense ... It's a trophy. But Microsoft would be wise not to think it's won the match."
ZDNet reports, this could be one very expensive game of keepaway. Google was also reportedly interested in purchasing Skype. Microsoft simply moved quicker.
Finally -- to the Terminator. Arnold Schwarzenegger -- terminated -- from his marriage? So says ITN.
“Austrian weightlifting political wonder Arnold Schawarzenegger and his wife of 25 years Maria Shriver -- have announced they’re separated.”
“The couple haven’t announced any plans to divorce as yet. So the couple could be back -- together. What? We have to put a Terminator reference in there somewhere.”
That’s some of the days’ top headlines. Be sure to revisit Newsy throughout your day for the latest and best multi-perspective video news analysis in the mobile space and on the web. I’m Jim Flink for Newsy Now, highlighting the key differences in reporting, making you, smarter faster.
Get more multisource world video news analysis from Newsy.
Transcript by Newsy.
BY PAUL ROLFE
ANCHOR MEGAN MURPHY
You're watching multisource politics video news analysis from Newsy.
Here comes the bride... and it’s House Speaker John Boehner?
The Democratic Congressional Campaign Committee launched a website inviting viewers to a “R-Oil wedding”. Except this union is between Republicans and Oil companies, hence the play on words -- “R” and “Oil”.
The flowered invitation tells “guests”: “In lieu of gifts, please send corporate tax breaks at the expense of middle class Americans.” (roilwedding****)
But jokes aside - the campaign is opening up debate over oil subsidies. The Huffington Post says the DCCC has a point when you look at campaign contributions.
“Indeed, the Republican Party's acceptance of campaign contributions from big oil vastly exceeds that of Democrats … $21.8 million for the GOP in the last election, compared to the Dems' $6.5 million.”
The R-oil wedding comes at a time when President Barack Obama is calling for repealing $4 billion in yearly oil subsidies. What’s interesting is that Republican Speaker Boehner opened the door for the conversation in an interview with ABC earlier this week.
Jonathan Karl: “For Speaker Boehner it was a significant shift that stunned Washington, suggesting a willingness to do away with tax breaks for big oil.”
John Boehner: “We’re at a time when federal government is short on revenues, we need to control spending, but we need to have revenues to keep the government moving. And they ought to be paying their fair share.”
The Wall Street Journal calls the whole thing a “gas price freakout” -- and it says Mr. Obama’s plan for increased revenue isn’t going to make things better at the pump.
“Oh, and Mr. Obama wants to devote the proceeds to even more spending on ‘clean energy.’ The problem here is that some renewables (ethanol) increase the cost of driving, while the others (wind, solar) are irrelevant in transportation.”
A columnist for Townhall says, if it’s all about gas prices, then there’s not much the U.S. can actually do.
“[E]liminating subsidies for oil and gas will show little effect on either lowering or increasing prices at the pump because of the nature of the U.S.'s role in global prices in the crude oil market ... there is only so much the United States can do.”
White House Press Secretary Jay Carney says the $4 billion in subsidies are no longer needed as an incentive to search for oil. He says repealing tax breaks is just a part of the solution.
“There is no single silver bullet that’s suddenly going to bring us back to $2.50 gas. And that’s a reality, and that’s why we need a serious long term energy policy.” (Fox News)
To get a sense of what $4 billion from oil subsidies means -- Exxon, alone, reported $11 billion in earnings in just the first quarter this year. (SOC)
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Transcript by Newsy.