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Barack Obama

Obama Seeks White House "Short Sale"; Creditors Balk

White House “Short Sale” Washington, D.C. (April 1, 2010) –President Barack Obama today announced plans to sell the White House as part of the government’s ongoing efforts to reduce the national debt. However, with an estimated fair market value of $200 million, secured by a $13 trillion mortgage, President Obama acknowledged that, at present, the...
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Tom Friedman: ‘Nation Building in America’

Best Tom Friedman piece I’ve read in awhile in today’s Sunday NY Times.I liked everything but the title, “The Fat Lady Has Sung.” My alternative: ‘Nation Building in America.’
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Brown, Black, or White? No, Just Unemployed

Year in Review: Top Stories Regular readers of this blog are already familiar with all the ways I believe this country has been weakened, especially financially, by Wall Street greed and recklessness (again). But there’s one way — surprisingly un(der)remarked — in which I think this country is immeasurably stronger than it was 20 years...
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Obamas’ Hyde Park Home

Now That’s a Tough Comp Not since Richard M. Nixon lived in a New York City apartment has the market tried to assess the value of immediate proximity to the president in a dense, urban neighborhood. —Susan Saulny, “Hyde Park House for Sale Comes With a View: The Obamas; The NY Times (9/15/09) As I’ve...
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FDR, Obama & the Cost of Consensus

The Age of Regulatory Capture Millions of Americans lose their homes and jobs, Wall Street devours trillions in government bailouts while its leaders pay themselves billions . . . and there’s still no discussion of meaningful financial reform? Incredible. Here’s a quote from one of the best Op-Ed piece I’ve seen this Summer, contrasting the...
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"Half-Decade" Mentality

“Obama Saw Successes, Then Harder Times” I’ve read (or skimmed) Barack Obama’s two autobiographical books, and followed his political rise, so the above headline in today’s Wall Street Journal caught my eye: was there some, heretofore hidden chapter in his life? Nah. The “successes” referred to Obama’s first three months in office; the “harder times”...
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