Tag Archives: President Barack Obama

Stock Market Highs during the Obama Presidency

  NEW YORK – With 1.400 points, the S & P 500 on Friday flirted with its highest gains in four years, an increase of 74% since January 20, 2009, the day Obama took office. Not since Dwight Eisenhower’s first term in the White House has any president achieved such Read On..

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Obama Presses Republicans on Tax Issues

  WASHINGTON  – President Barack Obama on Saturday blamed the Republicans for promoting a situation where Americans will be required to pay increased taxes next year. In the GOP response, a senator accused Obama and the Democratic Party of alleged obstructionist intent, putting the bulk of the tax burden on Read On..

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Geithner Defends His Actions on Libor

WASHINGTON – The secretary of the U.S. Treasury, Timothy Geithner, is under pressure for not doing enough to stop the fraudulent manipulation of Libor. Geithner told lawmakers on Wednesday that he alerted the appropriate authorities as early as possible. Geithner said he realized the problem in 2008 when he was Read On..

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Obama Defends Economic Policy

  Last Thursday, President Barack Obama defended his economic policies to assure Americans that the election will define the country’s growth prospects over the next decade and beyond. Before starting the two-day bus tour through northern Ohio and western Pennsylvania, Obama said he is convinced that voters have lost interest Read On..

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Storms and Heat Plague the U.S.

  WASHINGTON -I n the central region of the U.S. Atlantic coast last Saturday, more than two million people were without power Saturday due to hurricane force winds that hit the area overnight. It is expected that the power restoration in Maryland, Virginia, West Virginia, and the District of Columbia Read On..

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Obama Calls on Monti for Information about the Eurozone

  ROME – U.S. President Barack Obama called on Italian Prime Minister, Mario Monti to learn about the prospects for the Eurozone before heading off to the meeting of heads of State and Government of the European Union this week. Italy said in a statement that Obama “is closely following Read On..

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