“I refuse to take ‘no’ for an answer,” [Obama] said in his weekly address.
President Obama left open the possibility Saturday that he could make a recess appointment to head the Consumer Financial Protection Bureau.
Obama criticized Senate Republicans for their opposition to confirming Richard Cordray to lead the newly created bureau designed to help consumers with financial issues.
“Financial institutions have plenty of high-powered lawyers and lobbyists looking out for them. It’s time consumers had someone on their side.”
“I’m not in the job of prognosticating on the economy.”
In a “60 Minutes” interview to air Sunday night, the president was asked specifically whether he would get the rate back down to 8 percent before next fall’s general election.
“I always believed that this was a long-term project,” he said. “For individual Americans, who are struggling right now, they have every reason to be impatient. Reversing structural problems in our economy that have been building up for two decades, that was going to take time. It was going to take more than a year. It was going to take more than two years. It was going to take more than one term. Probably takes more than one president.”
In the interview, Obama likened himself to a sea captain guiding a ship through a bad storm. So long as the boat is rocking and people are getting sick, he said, people will blame the captain.
“I am very happy to announce that my office has approved the withdrawal of a charge by the Machinists union against the Boeing Co., which brings our case in this matter to an end.”
NLRB Acting General Counsel Lafe Solomon made the following announcement
“The union asked to withdraw the charge following the ratification of a four-year collective bargaining agreement between its members and Boeing earlier this week. Based on that request, the administrative law judge presiding over the case dismissed the complaint and remanded the case to our regional office in Seattle for further processing. This morning, Regional Director Richard Ahearn approved the union’s written request to withdraw the charge, and the case is now closed.
“This is the outcome we have always preferred, and one that is typical for our agency. About 90% of meritorious NLRB cases are resolved as a result of agreements between the parties or settlements with the agency before the conclusion of litigation.”
My song, “The Obama Budget Plan” (which you can see here on YouTube), explains that President Obama’s budget plan is to spend as much of our money as he wants, on anything he wants and pay for it by just printing more money.
The fact is, President Obama doesn’t really seem to have a plan at all. His administration has been working without a budget for almost three years now. Not only that but the president seems to view having to consult with Congress as an inconvenience and he tries to go around them at every turn.
His latest plan is to blame the Tea Party Movement for this nation’s first-ever credit downgrade because they forced him to face the debt crisis that he created by his out-of-control spending. Then he and his aides want to blame the S&P for bad judgment — in addition to continuing to blame George Bush.
Simply put, President Obama is the “Blamer in Chief.”