House Republican leader John Boehner’s comment about “punk staffers” involved in the writing of the financial regulation bill did not seem to sit well with White House economic adviser Lawrence Summers.
Tales from the Trail
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.
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.
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.
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.
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.