Tales from the Trail

Wasn’t Groundhog Day last week? Another blizzard slams East Coast

February 10, 2010

WEATHER-USA/It is starting to feel a lot like that (in)famous movie “Groundhog Day” with a powerful blizzard again pelting the East Coast  from Washington, D.C. up to New York with a foot or more of snow and pummeling winds.

Obama plays to disaffected audience but most don’t blame him

January 27, 2010

USA-HEALTHCARE/OBAMA

When President Obama reaches the podium for tonight’s State of the Union address, he’ll turn to a TV audience fed up with Washington and its incessant partisan bickering. But guess what: most viewers won’t be blaming him.
    
More than 90 percent of the American public thinks there’s too much partisan infighting and 70 percent say the federal government isn’t working well, according to an NBC News/Wall Street Journal poll.
    
But who’s the culprit? Only 27 percent blame the president. The biggest target of public disaffection are Republicans in Congress — at 48 percent — followed by congressional Democrats at 41 percent.  Conducted Jan. 23-25, the survey of 800 adults has a 3.5 percent margin of error.
    
If the numbers are accurate, Obama’s message may find a fair amount of audience sympathy, particularly for his much-anticipated emphasis on jobs, the economy and curbs on Wall Street’s excesses.
    
Nearly three-quarters say not enough has been done to regulate Wall Street and the banking industry, while 51 percent want more emphasis on economic matters than they’ve seen up to now.
    
In fact, poll respondents are fairly optimistic about Obama’s future, with 54 percent saying he is facing either a short-term setback or no setback at all. There are even signs that his overall job approval rating has begun to edge up.

Have lessons been learned on Wall Street?

September 14, 2009

President Barack Obama went to Wall Street on the one-year anniversary of the Lehman Brothers collapse to make a push for greater regulation of the financial industry. OBAMA-REGULATION/

Barack and Bill lunching, can burgers be far away?

September 14, 2009

So we hear that current President Barack Obama and former President Bill Clinton are going to do lunch today.

Wall Street high-fliers, where are they going to go?

February 4, 2009

President Barack Obama announced that any Wall Street firm taking a taxpayer handout must cap compensation for its executives at $500,000, which for most Americans doesn’t sound like such a bad salary.

First Draft: Spinning

January 30, 2009

WASHINGTON – Lots of spinning going on.

Morning TV shows had footage of a spinning shark twirling out of the water and a spinning small plane blown about by the wind upon landing. And sports fans looking forward to the spinning football at Sunday’s Super Bowl.

Wall Street ponies up for Obama inauguration

January 15, 2009

It’s been a brutal year for Wall Street, but the high rollers apparently still love a big, expensive party.

The First Draft, Friday Jan. 2

January 2, 2009

The new year begins on a quiet note in Washington, but lawmakers are preparing to hit the ground running next week when the 111th Congress will be seated.

Amid inaction on financial bailout, blame game continues in McCain ad

September 30, 2008

PHOENIX  – U.S. lawmakers have yet to back a plan to try and stem the global financial crisis. But the vigorous round of finger-pointing over who is to blame for it continued on the campaign trail on Tuesday as John McCain’s camp singled out Democratic rival Barack Obama and former President Bill Clinton in a new ad.