Displaying posts tagged with

“obama”

Mar
11
2010

Obama formed export task force to double US exports

Obama prepare a strategy to double US export in five years. To achieve this target Obama has formed a federal agency on Thursday which will help to promote US products, expanding trade-finance opportunities for small & medium size business houses. This is start a step to overhaul US old & outdated export control system.
The first [...]

Mar
9
2010

Obama attacks insurance companies

Seeking larger Democratic support for his healthcare bill, President Barack Obama came down heavily on US health insurers on Monday for raising premiums sharply and refusing treatment to the sick.
“Every year, insurance companies deny more people coverage because they have a pre-existing condition. Every year, they drop more people’s coverage when they’re sick and need [...]

Feb
22
2010

Endeavour returns safely

“Houston, it’s great to be home. It was a great adventure”, space shuttle Endeavour commander George Zamka radioed after completing a rare night time landing at Kennedy Space Center in Florida today.
Endeavour’s STS-130 mission, which made a 13-day successful trip to the International Space Station, was carrying six astronauts. It landed at Cape Canaveral at [...]

Feb
21
2010

Bloomberg minting money from Quadrangle Group

According to sources the private equity firm, Quadrangle group, owned by Steven Rattner, the former car czar of Obama’s administration has been entertaining the Bloomberg, owned by the New York City Mayor Michael R. by paying out approximately $5 billion from the group.
Handful of Quadrangle employees has left the firm to manage the mayor’s [...]

Feb
21
2010

Obama wants find common ground in healthcare summit

“I don’t want to see this meeting turn into political theater, with each side simply reciting talking points and trying to score political points. Instead, I ask members of both parties to seek common ground in an effort to solve a problem that’s been with us for generations,” Obama said in his address.
President Barack Obama [...]

Feb
20
2010

Biden disagrees with Cheney over terrorism issues

Joe Biden has totally rejected the declarations made by Former US Vice President, Dick Cheney, who had called the Obama to be soft on issues related to terrorism. He was talking in general with special reference to the attempted Christmas Day bombing of an airline.
During a morning talk show interview, Biden said that his predecessor [...]

Feb
13
2010

White house to push for Bill on Health Care before Summit

White House will formally invite the Lawmakers to a meeting on February 25, and promised to have its own version of ‘refurbished’ legislation; the White also asked Republicans to come out with own version of the bill. A version of the Democrats bill will be available online by February 21.
In a unique televised debate between [...]

Feb
13
2010

Obama to meet Dalai Lama as Sino-US ties get strained

President Barack Obama has decided to go ahead with his meeting with Dalai Lama even as the pressure from China keeps mounting. Just after the US made announcement of the meeting, China was quick to react.
In its official statement, China’s Foreign Ministry spokesman Ma Zhaoxu said that it firmly opposed any such visit to [...]

Feb
10
2010

Wall Street Bonus a pay czar in Obama terms!

Amidst the economic slowdown Goldman Sachs and J P Morgan are paying out lavish bonus to the Sr. level of employees, to which President Obama termed it as very savvy.
Upon the hefty pay packets deal amidst the economic turmoil, Obama reacted with affirmative tone enquiring about the $9m (£5.8m) bonus awarded to Goldman’s Lloyd Blankfein [...]

Feb
7
2010

Tea Party convention and Sarah Palin

Former US vice-presidential candidate Sarah Palin tried to rally conservatives on Saturday night at a national convention of the “Tea Party” movement.
Speaking in Nashville convention, Mrs Sarah Palin called President Obama’s 2011 budget “immoral” and said it would raise the US debt.
“Treating this like a mere law enforcement matter places our country at great risk,” [...]