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Obama

With over forty plus presidents in our country’s history you would think there would be some concrete strategies on the best way to run the country. But term after term a new administration comes in and promise to have a better plan than the old administration, as if they’ve developed some new revolutionary financial and political strategies. When Bill Clinton left office our nation was flourishing better than ever and of coarse the Bush administration took office and decided that Clinton’s strategies were all wrong. Bush and his administration felt there was a better way, and we all know how that worked out. So now it Obama’s turn to take the wheel and steer the country back to the road of growth and operating with a surplus of funds. I think the best way turn move forward is by looking back and studying what’s worked in the past and stick to the script. Check this article out by the Businessinsider which discuss Clinton’s success, Bushes destruction, and Obama’s clean up; How Obamanomics REALLY Compare To Clintonomics

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President Barack Obama stops by The View to discuss a few current events and allow the ladies to dig all in his business, check it out.

For the rest of the interview

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This interview flew under the radar, here Will Smith and Jada Pinkett Smith sits with Obama during his Nobel Peace Prize Concert and get him to open up about a few thing.

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obamasigning

President Barack Obama made history yesterday, signing the healthcare reform bill into law. His landmark victory comes after 219-212 vote Sunday with no Republican support. Speaking to a crowd of people, the President said:

“Today after almost a century of trying; today, after over a year of debate; today, after all the votes have been tallied, health insurance reform becomes law in the United States of America.”

In another touching moment President Obama introduced Vicki Kennedy, the widow of the late Senator Teddy Kennedy-an advocate for health care reform that unfortunately passed before witnessing this moment.
He also gave praise to Speaker of the House Nancy Pelosi and Senate Majority Leader Harry Reid and received praise of his own from Vice President Joe Biden, who congratulated the Commander In Chief saying, “Mr. President, you’ve done what generations of not just ordinary, but great men and women have attempted to do. You delivered on a promise, a promise you made to all Americans when we moved into this building.”

Check out CNN’s coverage of history…. Video after the jump!!! Read More…

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President Obama

Obama holds his on against Fox News reporter Bret Baier, Baier keeps trying to cut Obama off but he keeps his cool and clearly state his position and various questions concerning health care.

Video of the interview when you

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As the president Obama has to be optimistic on this subject but as a citizen I don’t, and I think that the unemployment situation is way worse than our leaders are conveying. Now days you have to be crazy to trust an employer we must learn the art of being self sufficient; if you have a job, great but you better have other means of income coming in because employers are cold blooded and there only concern is their bottom line.

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jayWhite House officials were button-lipped about the visit Wednesday, but confirmed on Thursday morning that, yes, Jay Z did indeed visit 1600 Pennsylvania Avenue. An official said the rapper toured the White House on Wednesday and had a quick, unscheduled visit with President Obama.

via: Washington Post

This is just a funny site to see Jay posted up, kicked back in the White House. I say this because I would have never expected to see a raper with the lyrical content that Jay has in this position of success that he’s is in; financially yes one could understand but politically and socially hell no lol… But I guess I shouldn’t be too surprised hip hop has always broken down barriers and Jay has changes up his image a bit… getting married, putting on the suit and tie, also Jay and Obama aren’t too far apart in age so I can actually see Barack being a low key Jay Z fan lol..

What are your thoughts?

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Lakers

The President welcomes the Los Angeles Lakers to the White House to honor them for winning the 2009 NBA Championship. January 25, 2010.

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barack_obama 1Obama’s Small Business Tax Cuts May Hurt Economic Growth:

In a speech last month at the venerable Brookings Institution, President Barack Obama laid out a series of objectives meant to stimulate economic activity. As he put it, “Our work is far from done.”

Obama’s proposed economic package includes an elimination of capital gains taxes on small-business investment as well as an extension of business equipment write-offs. Small businesses would be allowed to write off 100% of their capital equipment purchases, while large businesses could deduct 50% of those expenses in the first year.

Somewhat surprisingly, noted tax experts and supply-side thinkers Ernest Christian and Gary Robbins endorsed Obama’s tax pledge in a Wall Street Journal op-ed. They argue that the tax proposals were “the one right thing” in Obama’s address, the cuts being “a proven job-creating machine in the private sector.” Discounting that businesses are decidedly not in business to create jobs– the proposed cuts are at best geared toward a business climate that no longer exists; at worst they are merely subsidies masked as tax cuts.

First, supply-side tax policy is, at its core, all about incentives. But judging by his plan, Obama is creating incentives for businesses to remain small. As evidenced by the less favorable tax treatment proposed for large businesses, those that start small but grow into something larger will be penalized for doing so. Full Story Here

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facebook

Looking to snag shares of Facebook before it goes public? Felix Investments, a New York City investment manager, is giving rich clients a chance to do just that. The firm touts in a letter to potential investors: “Opportunities like this do not come along every day and we have not seen an opportunity like this since Google in 2004!”

Maybe for good reason. Felix is among a handful of firms vying to get an early jump on Facebook’s initial public offering (though the company says it has no plans of doing one). These firms have been pooling clients’ money to buy blocks of employee-held shares of the social network company before any IPO.

Felix Investments wouldn’t comment, but sources say the firm is looking to pay around $25 per share of Facebook, which values the company at close to $11 billion, according to private share marketplace SharesPost. Full Story Here

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dollar

Do you have trouble keeping New Year’s resolutions that involve losing weight or reading more? Maybe it’s time to put your time instead into resolutions that will pay real dividends down the road. Invest a few hours in making some simple money moves that will bulk up your portfolio and give you a solid chance of exiting 2010 more prosperous than you enter it.

Tough as the past year has been financially, the economy has provided a good opportunity to take a fresh, objective look at your financial future, says Roger Wohlner, financial planner in Arlington Heights, Ill.

“Periods of ups and downs in the market are very common, but rarely have we seen anything as extreme as we’ve seen over the last 15 months,” he says. “This is an especially opportune time for somebody to reassess his or her portfolio, retirement strategy and whole financial plan.”

Often the smartest moves you can make are tried-and-true ones–not the sort of stuff that’s been spawned as newfangled ways to protect yourself.  In Depth: 10 Smart Money Moves For 2010

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He make some valid points in this speech, but still there are no winners in wars; while leadership make the decisions the people bare the burden of death. Its not the politicians son’s and daughter’s who are losing their lives in these senseless wars.

What are your thoughts on Obama’s speech?

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