Hypocrite President Obama Won’t Be Returning His Donations From Bain Capital | Politicker

President Obama Won’t Be Returning His Donations From Bain Capital | Politicker

Though the Obama campaign has repeatedly attacked Mitt Romney for his career at Bain Capital, President Obama still accepted $7,500 in campaign contributions from three Bain executives. His campaign press secretary, Ben LaBolt told The Politicker the president has no intention of giving the money back.

“No one aside from Mitt Romney is running for President highlighting their tenure as a corporate buyout specialist as one of job creation, when in fact, his goal was profit maximization,” said Mr. LaBolt.  ”The President has support from business leaders across industries who have seen him pull the economy back from the brink of another depression, manufacturing and the auto industry revived, and support his agenda to build an economy that lasts where America outinnovates and outeducates the rest of the world and economic security for the middle class is restored.”

On Tuesday, Vice President Joe Biden defended the attacks on Mr. Romney’s tenure at Bain Capital. Though he insisted he wasn’t “criticizing private equity firms,” Mr. Biden said there were many examples of Mr. Romney and his Bain colleagues causing tremendous harm.

California tops states in teen unemployment | TheUnion.com

California tops states in teen unemployment | TheUnion.com

As summer break approaches and school seasons conclude, teens in California will have a more difficult time finding a job than their demographic counterparts in every other state, according to Census Bureau data released by the Employment Policies Institute.

With 36.2 percent of its teens unable to find employment, California leads all other states in teen unemployment — only the District of Columbia, with its 51.7 percent teen unemployment rate, surpasses the Golden State. 

Overall, teen unemployment rose in 17 states and Washington, D.C., between April 2011 and April 2012, and fell in 32 states.

Nationally, the teen unemployment rate stands at 24.9 percent, and has averaged above 20 percent for over 40 months. The number of employed teens fell by 14,000 from March to April 2012.

EDITORIAL: Obama's big deficit lie - Washington Times

EDITORIAL: Obama's big deficit lie - Washington Times

President Obama claims federal budget deficits have not soared out of control during his administration. He has officially jumped the shark.

On Wednesday at a Denver fundraiser, Mr. Obama said he was “running to pay down our debt in a way that’s balanced and responsible.” He claimed that “after inheriting a $1 trillion deficit, I signed $2 trillion of spending cuts into law” and that since he has been president, “federal spending has risen at the lowest pace in nearly 60 years. Think about that.” It doesn’t take much thought to see that this is the most absurd claim in political memory.

Mr. Obama is basing his boast on an already discredited study by journalist Rex Nutting that purported to show that “Obama has been the most fiscally moderate president we’ve had in 60 years.” Among other fatal problems with the study is that it omits all spending that took place during the first nine months of the Obama administration, which were the last nine months of fiscal 2009. Thus, all of the initial spending programs to which the White House points with pride - particularly the failed nearly trillion-dollar economic stimulus program - are George W. Bush’s responsibility so far as Mr. Nutting is concerned.

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Liberal Logic 101

Founding Father Quote

"No legislative act… contrary to the constitution can be valid."

Alexander Hamilton, Federalist Papers, 1788

Krauthammer: Obama’s ‘narcissism’ won’t allow him to replace Biden with Hillary | The Daily Caller

Krauthammer: Obama’s ‘narcissism’ won’t allow him to replace Biden with Hillary | The Daily Caller

During the Internet broadcast of the Fox News Channel’s “Special Report Online” Wednesday, syndicated columnist Charles Krauthammer told viewers why the odds of Secretary of State Hillary Clinton replacing Vice President Joe Biden on the Democrats’ 2012 presidential ticket are very low.

“I’d say that the Indianapolis Colts have a better chance of winning the Super Bowl,” Krauthammer said. “And I have only one reason for saying that, and that is Obama’s — I say this not as a clinician — narcissism.”

“Obama, I think, can never bring himself to do something very large, like this, which would show that he needs the Clintons, particularly Hillary, to win.”

“I just think for Obama to show himself as being weak and needing this to win is more than he can ever muster,” Krauthammer added. “So I think the odds are low. I could be wrong — rarely, but it’s happened.”

Read more: http://dailycaller.com/2012/05/24/krauthammer-obamas-narcissism-wont-allow-him-to-replace-biden-with-hillary/#ixzz1vosxst9x