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Obama administration bolsters homeowner lifeline

NewsonToday — Sat, 28 Jan 2012 08:18:31 +0000

WASHINGTON (Reuters) – The Obama administration, in an election-year bid to help distressed homeowners, on Friday expanded its main foreclosure prevention program, and pushed for Fannie Mae and Freddie Mac to forgive mortgage debt. The administration said it would extend the life of the Home Affordable Mortgage Program by a year through 2013 and widen it to reach more heavily indebted homeowners. …

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Obama administration bolsters homeowner lifeline

NewsonToday — Fri, 27 Jan 2012 22:20:07 +0000

WASHINGTON (Reuters) – The Obama administration on Friday expanded its main foreclosure prevention program and pushed to open it up to loans backed by mortgage giants Fannie Mae and Freddie Mac, a move that could meet resistance from their regulator. In a joint announcement, the Treasury and Housing and Urban Development departments proposed using money from the Home Affordable Modification Program to provide incentives for Fannie Mae and Freddie Mac to reduce loan principal. Government-controlled Fannie Mae and Freddie Mac own or guarantee about half of all U.S. …

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Obama honors Martin Luther King at Washington church

NewsonToday — Mon, 16 Jan 2012 06:19:40 +0000

WASHINGTON (Reuters) – President Barack Obama celebrated the legacy of slain civil rights leader Martin Luther King Jr. with his family on Sunday, clapping and swaying to the boisterous strains of “Amazing Grace” at a historic Washington D.C. Baptist church. On the eve of the holiday marking King’s birthday, the president, First Lady Michelle Obama and their daughters, Sasha and Malia, attended a service at Zion Baptist Church. The Reverend Keith Byrd Sr. called on congregants to keep King’s legacy alive and welcomed the first family. …

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States oppose Obama healthcare Medicaid law

NewsonToday — Wed, 11 Jan 2012 06:22:33 +0000

WASHINGTON (Reuters) – Twenty-six states challenging President Barack Obama’s sweeping healthcare overhaul filed a U.S. Supreme Court brief on Tuesday arguing the law unconstitutionally expands the Medicaid program for the poor and disabled. By threatening a loss of federal funds, Congress unconstitutionally coerced states into expanding their Medicaid programs, the states led by Florida argued. They said states have no real alternative but to keep participating in Medicaid. …
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Obama strikes hopeful note in year-end address

NewsonToday — Sun, 01 Jan 2012 16:19:44 +0000

(Reuters) – President Barack Obama, striking a hopeful note in a year-end weekly address, hailed foreign policy milestones while keeping pressure on Congress to further extend payroll tax cuts through the end of 2012. The president, on a week-long vacation in Hawaii, praised Congress for temporarily extending a payroll tax cut for two months, a move he said would save average Americans per paycheck. But he said more tough fights were to come in 2012. “There’s no doubt that 2012 will bring even more change. …

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Obama pulls plug on part of health overhaul law (AP)

NewsonToday — Fri, 14 Oct 2011 22:22:18 +0000

AP – The Obama administration Friday pulled the plug on a major program in the president’s signature health overhaul law — a long-term care insurance plan dogged from the beginning by doubts over its financial solvency.
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Obama pulls plug on part of health overhaul law (AP)

NewsonToday — Fri, 14 Oct 2011 22:22:17 +0000

Hank Williams Jr. — My Obama Comment Was ‘Misunderstood’

NewsonToday — Tue, 04 Oct 2011 00:16:28 +0000

Filed under: Hank Williams Jr., TMZ Sports

Hank Williams Jr. has just released a statement regarding his controversial statements on Fox News Channel this morning — claiming he was simply “misunderstood” when he compared Barack Obama to Adolf Hitler.

Williams Jr. says, “Some of us have strong opinions and are often misunderstood. My analogy was extreme – but it was to make a point. I was simply trying to explain how stupid it seemed to me – how ludicrous that pairing was.”

He continues, “They’re polar opposites and it made no sense. They don’t see eye-to-eye and never will. I have always respected the office of the President.”

Williams Jr. adds, “Every time the media brings up the tea party it’s painted as racist and extremists – but there’s never a backlash – no outrage to those comparisons… Working class people are hurting – and it doesn’t seem like anybody cares. When both sides are high-fiving it on the ninth hole when everybody else is without a job – it makes a whole lot of us angry. Something has to change. The policies have to change.”

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Book: Treasury Secretary ignored Obama directive

NewsonToday — Fri, 16 Sep 2011 00:20:19 +0000

A new book offering an insider’s account of the White House’s response to the financial crisis says that U.S. Treasury Secretary Tim Geithner ignored an order from President Barack Obama calling for reconstruction of major banks.
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MLB 2009 All Star Game – The Stars meet Obama

NewsonToday — Sat, 18 Dec 2010 05:41:54 +0000

Ichiro was so shy. ; Fielder forgot a word…..just smiling!?