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Barack Obama’s fortunes set to deteriorate further

By Edward Luce At the end of Barack Obama’s worst week since taking power a year ago, the US president’s fortunes look set only to deteriorate over the coming days. Following the shock defeat of the Democratic candidate in Massachusetts on Tuesday, a move that deprived the president of his 60-seat super-majority in the Senate and left his legislative agenda in tatters, Mr Obama has just four days... 

The ‘Real’ Jobless Rate: 17.5% Of Workers Are Unemployed

By: Jeff Cox As experts debate the potential speed of the US recovery, one figure looms large but is often overlooked: nearly 1 in 5 Americans is either out of work or under-employed. Share/Save Read More →

The Obama Factor: GOP Sweeps

Independents who swept Barack Obama to a historic 2008 victory broke big for Republicans on Tuesday as the GOP wrested political control from Democrats in Virginia and New Jersey, a troubling sign for the president and his party heading into an important midterm election year. Share/Save Read More →

Growing Government Role Fuels Anger

Recent town-hall uproars weren't just about health care. They were also eruptions of concern that the government is taking on too much at once. Share/Save Read More →

New deficit projections could slow Obama’s agenda

The White House and U.S. Congress will issue separate budget estimates on Tuesday that could slow President Barack Obama's domestic policy proposals as he faces increased skepticism among lawmakers. Share/Save Read More →

President Shifts Focus To Renting, Not Owning Home

The Obama administration, in a major shift on housing policy, is abandoning George W. Bush’s vision of creating an “ownership society’’ and instead plans to pump $4.25 billion of economic stimulus money into creating tens of thousands of federally subsidized rental units in American cities. Share/Save Read More →

Obama CLAIMS to have saved the economy from catastophe

President Barack Obama is welcoming an improved national employment report, saying his administration has "rescued our economy from catastrophe." Share/Save Read More →

Read their lips: Mixed signals from Obama team on taxes

Divergent messages from the Obama administration in the past two days hint at a tough political reality: Nobody likes higher taxes, but that may be the price of getting America’s fiscal house back in order. Share/Save Read More →

Obama Joker Poster Popping Up In Los Angeles

Have you seen this poster? Apparently, it's beginning to appear in odd places in Los Angeles, but nobody seems to know who's responsible for it. Share/Save Read More →

Obama’s ‘Perverted’ Stimulus: Pornagraphy?

The National Endowment for the Arts may be spending some of the money it received from the Recovery and Reinvestment Act to fund nude simulated-sex dances, Saturday night "pervert" revues and the airing of pornographic horror films at art houses in San Francisco. Share/Save Read More →

Poll: Obama loses ground on health care

Despite his public-relations blitz over the past two weeks to promote his plans to reform the nation's health-care system — including holding two town halls on Wednesday — President Barack Obama has lost ground on this issue with the American public, according to the latest NBC News/Wall Street Journal poll. Share/Save Read More →