(The Blaze/AP) — President Barack Obama has spent time with around 25 wealthy donors who paid $35,800 each to talk with him behind closed doors at a Washington hotel. The hourlong fundraiser Friday afternoon at the upscale Jefferson Hotel near the White House was closed to press coverage. Obama has been courting donors large and small as he revs up his re-election campaign in anticipation of a tough general-election campaign once Republicans settle on their nominee. The president raised more than $220 million for his re-election campaign and the Democratic National Committee in 2011. The campaign additionally released a list of their 450 major “bundlers” last week, revealing the most substantial individual donors to the Obama campaign in the last year.
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Campaigner in Chief: President Obama meets with wealthy donors Friday
If it’s Friday, it’s another White House dump day. Cue the dump truck horn: Doot! Doot! Doot! While Obama sycophants are busy trumpeting deceptive jobs numbers, the administration is quietly moving forward with job-killing Obamacare regs and taxes. The IRS today released rules to impose the $20 billion Obamacare medical device tax scheduled to take effect next year. At a time when the White House is touting its government initiatives to champion “ innovation ,” the Obamacare innovation tax on medical device/diagnostic manufacturers will kill an estimated 43,000 jobs. The very job creators President Obama purports to support are balking at the tax regs and have called for repeal . The Advanced Medical Technology Association, America’s leading association for med tech manufacturers, blasts the new rules: “[The proposed IRS regulations] highlights the need for prompt action by Congress and the Administration to repeal this anti-competitive, job-killing tax,” Stephen J. Ubl, AdvaMed president and CEO said in a statement. “Failure to repeal the device tax flies in the face of the President’s comments during the State of the Union about the need to reform our tax system to make our nation more competitive in the world market, a view shared by members of Congress from both parties,” Ubl went on to explain, adding that “the tax will create a number of complex administrative and technical burdens that must be addressed.” I’ve reported before on how the medical device tax has already resulted in operational and job cutbacks in Massachusetts, home to many medical innovators. Fewer jobs. Fewer entrepreneurs. Fewer medical advances. Winning the future…by killing it.
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Your Friday IRS regulation dump: Obamacare’s job-killing medical device tax
Ugh. We’re back to this again. Yes, President Obama’s re-inflating the housing bubble to pander in an election year. Foreclosure avoidance is now a civil right. Long-term consequences be damned. Obama is outlining a proposal to allow millions more homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth. The White House says the average borrower could save about $3,000 annually. His first mortgage-mod program was fraud-ridden and failed . So, of course, he’s doubling down. Obama has also promised today to send a homeowner “bill of rights” to Congress. Maybe he should try abiding by the original one first. *** Over the past several years, I’ve written extensively about the bipartisan housing entitlement culture and the death of the stigma of default. I repeat: Property-value preservation is not a civil right. The truth is: Nobody wants to swallow tough truths. They just want their candy.
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Obama’s new campaign candy: More mortgage aid, homeowner “bill of rights”
I’ll give Harry Reid some credit for bringing the legislation to the Senate floor and getting it passed, at least till we get an in-depth look at the legislation and see if it actually does what it says, but (The Hill) The White House and Democrats have seized on legislation barring lawmakers from making insider stock
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Shockingly, Dems Passed Congressional Insider Trading Bill As a Political Weapon
AP – The White House has fully embraced one of eating’s hottest trends — seasonal cooking with ingredients grown at home.
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White House chef says Obamas eat seasonal
(AP)
AP – President Barack Obama’s re-election campaign identified its top fundraisers on Tuesday, including 61 people who each raised at least half a million dollars. Altogether, the more than 440 fundraisers collected at least $75 million to help Obama win a second term.
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Obama releases list of top money ‘bundlers’
(AP)
AP – Seeking cooperation in a polarized climate, President Barack Obama on Tuesday urged Congress to act quickly on bipartisan measures that would extend tax breaks for small businesses and help startup companies raise money. He said he would sign the legislation “right away.”
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Obama wants small-business bill this year
(AP)
The Politico’s Kenneth P. Vogel and Alexander Burns are surely going to earn an expletive laden call from the White House for publishing this story (Politico) Democrats have seized on Republicans as the party of unlimited secret money. The only problem: so are Democrats. In recent days, Obama released an ad blasting “secretive oil billionaires” for attacks on
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Surprise! Democrats Take Secret Cash After Bashing GOP For Same
AP – President Barack Obama is pressing his case for changes in how the Senate does business, hoping to ease the partisan gridlock, and he wants to bar lawmakers from profiting from their service.
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Obama to senators: Change the way you do business
(AP)
