Word: baracks
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...mortgages and flimsy securities based on those mortgages to paying themselves astronomically while enjoying perks like private jets - the Obama Administration has proposed a $500,000 pay limit for the top honchos of any company that accepts money from the government's Troubled Asset Relief Program (TARP). Said President Barack Obama: "We all need to take responsibility. And this includes executives at major financial firms who turned to the American people, hat in hand, when they were in trouble, even as they paid themselves their customary lavish bonuses." (See the worst business deals...
...Tuesday, Barack Obama uttered three words seldom heard in Washington: “I screwed up.” Yet following the implication of a third high-level White House appointee in income tax arrears, the president isn’t the only one who should be issuing mea culpas. Earlier this week, heath and human services secretary pick Tom Daschle became the second of Obama’s nominees to withdraw his name from consideration because of tax problems. This happened only a few hours after prospective chief performance officer Nancy Killefer did the same. Daschle explained that...
...filled with errors few undergraduates would make. He seems to be unaware that Gaza shares a border with Egypt. He thinks the recent war in Gaza began “at the beginning of the Obama presidency,” when it ended two days before Barack Obama took the oath of office. He believes Israel preemptively attacked Jordan in 1967, when in fact Jordan struck first by shelling Jerusalem...
...Daschle, Barack Obama’s now-withdrawn nominee to head the Department of Health and Human Services and the new White House Office of Health Reform, should have paid his taxes. It is the right thing to do, of course, and the fact that a man of his intelligence could not file a tax return properly—or that a man of his wealth could not afford a good accountant—is puzzling...
President Barack Obama swung and missed with his first choice for Commerce Secretary, New Mexico Governor Bill Richardson, a Democratic stalwart who withdrew his candidacy amid a grand-jury investigation. If that selection was partly spurred by a desire to reward an influential campaign endorsement, Obama's second stab at filling the post looks like a nod to his campaign promise of bipartisan governance. On Feb. 3, Obama reached across the aisle to tap Judd Gregg, a three-term GOP Senator from New Hampshire who, if confirmed, would be the third Republican in the Obama Cabinet. But Obama's latest...