Sunday , 9 August 2020

Tag Archives: Obama

Statism is turning America into Detroit – Ayn Rand’s Starnesville come to life

Look at this description of Detroit from today’s Observer: What isn’t dumped is stolen. Factories and homes have largely been stripped of anything of value, so thieves now target cars’ catalytic converters. Illiteracy runs at around 47%; half the adults in some areas are unemployed. In many neighbourhoods, the only sign of activity is a slow trudge to the liquor …

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Obama eyeing Fed’s Raskin for No. two post at Treasury

(Reuters) – President Barack Obama is considering nominating Federal Reserve Governor Sarah Bloom Raskin to replace the U.S. Treasury Department’s No. 2 official, Neal Wolin, a source familiar with the matter said on Tuesday. Raskin, a former state banking regulator, has served on the U.S. central bank’s board since October 2010. She would bring bank regulatory experience to the job to complement …

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Obama emphasizes U.S. commitment to Syrian rebels in Saudi call

(Reuters) – President Barack Obama told Saudi Arabia’s king on Friday that he is committed to providing U.S. support to Syrian rebels who have been waiting for shipments of light arms that have been stalled in Washington. In a phone call, Obama and King Abdullah also discussed events in Egypta week after the Egyptian military ousted elected President Mohamed Mursi. No U.S. arms …

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