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The Obamas' summer break in Martha's Vineyard has already been branded a PR disaster after the couple arrived four hours apart on separate government jets. But according to new reports, this is the least of their extravagances. White House sources today claimed that the First Lady has spent $10million of U.S. taxpayers' money on vacations alone in the past year. Branding her 'disgusting' and 'a vacation junkie', they say the 47-year-old mother-of-two has been indulging in five-star hotels, where she splashes out on expensive massages and alcohol. The 'top source' told the National Enquirer: 'It's disgusting. Michelle is taking advantage...
Published on Monday 6th of February 2012 03:28:57 AM
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Posted by admin / Under Top Business Book
Aug 12 (Reuters) - Bank of America Chief Executive Brian Moynihan met privately this week with Treasury Secretary Timothy Geithner and Federal Reserve governor Daniel Tarullo amid the campaign to calm investors and employees about the bank's share price fall, the Wall Street Journal reported. The separate meetings took place on Wednesday in Washington, the WSJ said, citing people familiar with the situation. The intent of the meetings with the two top federal officials was for Moynihan to discuss issues related to housing, consumer spending and the U.S. economy, two people familiar with the meetings told the Journal.
Published on Monday 6th of February 2012 03:28:57 AM
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Posted by admin / Under Top Business Book
It seems like we’ve been talking about the debt ceiling for an awfully long time. Probably because we have been talking about the debt ceiling for an awfully long time. President Obama made a primetime appearance on Monday night to address the nation over this impending financial doom. I disagree with the president on a lot of issues. That’s ok. But lying is not. There were so many mistruths coming out of our leader’s mouth during that speech that I’m throwing any shred of political correctness out the window and calling him out. I’ll be awaiting my invitation to the...
Published on Monday 6th of February 2012 03:28:57 AM
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Posted by admin / Under Top Business Book
Security forces arrest nearly two dozen PFLP operatives running terrorist cells near Jerusalem; were planning on kidnapping IDF soldiers, shootings, and bombings; many had previously served in Israeli prisons. The IDF and Shin Bet (Israel Security Agency) have arrested close to two dozen Popular Front for the Liberation of Palestine (PFLP) operatives who were running a number of terror cells near Jerusalem and were planning to kidnap soldiers and perpetrate other terror attacks against Israel, it was released for publication on Sunday. Some of the operatives, the Shin Bet said, were Arabs from east Jerusalem in possession of Israeli identity...
Published on Monday 6th of February 2012 03:28:57 AM
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Posted by admin / Under Top Business Book
An Obama appointee who played a central role in crafting the 2010 health care bill has cashed out to a well-connected lobbying firm, where her first clients are two of the bill's beneficiaries: abortion provider Planned Parenthood and a hospital chain. Liz Engel was deputy assistant secretary for legislation at the Department of Health and Human Services. Today she is a managing director at the Glover Park Group in the health and wellness practice. Her story further highlights the coziness of this administration with the abortion industry, and also undermines President Obama's portrayal of the health care bill as a...
Published on Monday 6th of February 2012 03:28:57 AM
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Posted by admin / Under Top Business Book
Democrats have said they only intend to restore the tax rates that existed during the Clinton years. In reality they're proposing rates like those under President Carter. Media reports in recent weeks say that Senate Democrats are considering a 3% surtax on income over $1 million to raise federal revenues. This would come on top of the higher income tax rates that President Obama has already proposed through the cancellation of the Bush era tax-rate reductions. If the Democrats' millionaire surtax were to happen—and were added to other tax increases already enacted last year and other leading tax hike ideas...
Published on Monday 6th of February 2012 03:28:57 AM
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Posted by admin / Under Top Business Book
A top official from the U.S. Black Chamber, Inc. – the Obama-backed, rival upstart to Harry Alford’s National Black Chamber of Commerce – has a checkered past and faces criminal charges from allegations he exploited a Hurricane Katrina victim. According to Raleigh, N.C.-based WRAL, which broke the story, Brandon Trainer, who led the North Carolina Regional Black Chamber of Commerce and served as treasurer for the U.S. Black Chamber, skipped town in 2006 when he was charged with defrauding a Hurricane Katrina victim out of $1500.
Published on Monday 6th of February 2012 03:28:57 AM
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