Is obama the end of the u.s.a – Video
Is obama the end of the u.s.a
Does obama signal the end of america and are you ready to meet your maker? Lets find out.
By: scott middaugh
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Is obama the end of the u.s.a - Video
Is obama the end of the u.s.a
Does obama signal the end of america and are you ready to meet your maker? Lets find out.
By: scott middaugh
See the original post:
Is obama the end of the u.s.a - Video
How Benghazi Could lead to Obama #39;s Impeachment! Dick Morris TV: Lunch ALERT!
Dick explains.
By: dickmorrisreports
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How Benghazi Could lead to Obama's Impeachment! Dick Morris TV: Lunch ALERT! - Video
It's the yin and the yang of the U.S. corporate climate.
At the White House, President Barack Obama played the role of business pitchman Tuesday, saluting 11 executives whose companies have chosen to gain or expand a footprint in the United States.
In Congress the same day, a group of 14 Democratic senators introduced legislation to keep U.S. firms from going in the other direction, using foreign acquisitions to avoid paying higher U.S. corporate tax rates.
The events illustrated the competing factors facing U.S. and foreign businesses as they make investment, market and tax decisions. The U.S. has the highest corporate tax rate, at 35 percent, among industrialized countries. At the same time, its workforce, low energy costs and access to consumers can make it an attractive destination.
"We want folks to know this is a great place to do business," Obama told the executives, including Ericsson North America CEO Angel Ruiz, Lufthansa chairman and CEO Carsten Spohr, who met just outside the Oval Office in the White House Roosevelt Room. "We don't always do what it takes to go after business around the world and make sure that they know the benefits of investing in the largest market on Earth."
The roundtable discussion by the executives and top White House officials kicked off a week devoted to promoting foreign investments in the United States, all part of a congressional election-year strategy to confront lingering public anxiety about employment and financial wellbeing.
An effort by Obama to streamline U.S. outreach to foreign companies, called SelectUSA, has resulted in $18 billion in new business investments in the United States in 17 different states and territories, White House officials said.
Overall foreign direct investments last year rebounded, from $166 billion in 2012 to $193 billion in 2013, still far short of the $310 billion in 2008.
In addition to Ericsson and Lufthansa, firms represented at the White House Tuesday were Ford, chip manufacturer GlobalFoundries, toy maker K'nex, South Korea's Hankook Tire, Danish biotechnology company Novozymes, Canadian apparel maker Richelieu, Belgian materials technology company Umicore, French high-tech company Safran and Switzerland-based Zurich Insurance Group.
Obama's attention to the influx of foreign business coincided with new concern in Congress with a trend of U.S. companies seeking to set up overseas headquarters in part to avoid U.S. tax rates. The Senate legislation, which faces long odds in a divided Congress, would set a two-year moratorium on corporations acquiring offshore companies to shift their addresses to low-tax countries.
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Obama to host CEOs whose firms are investing in US
Organizing for Action, the advocacy group supporting President Barack Obama's agenda, is scaling back its fundraising efforts and cutting its paid staff in half as focus shifts to the approaching midterm elections, three Democratic officials said.
Formed last year from the remnants of Obama's vaunted re-election campaign, OFA raised more than $30 million in its first 15 months as it worked to build support for Obama priorities like health care, immigration and climate change. But the group's aggressive courting of big-dollar donors has troubled many Democrats who worry that OFA is siphoning sorely needed dollars from Democratic campaigns just as the party is bracing for a difficult election.
As of May 31, OFA will no longer solicit high-dollar contributions, according to an email obtained by The Associated Press. Kathy Gasperine, the group's development director and a former Obama fundraiser, told top contributors it would "not be giving significant priority to seeking out new major donors."
"During the remainder of 2014, we will work to strengthen our relationships we have with our national leadership, continue our robust digital organizing, and utilize our megaphone to continue to activate our network into issue advocacy," Gasperine wrote.
Large contributions that were previously pledged will still be accepted, Gasperine said. And the group will continue soliciting smaller donations from grassroots supporters, an OFA official said.
At the same time, the group's workforce has shrunk in recent months from a high of more than 200 to just over 100 paid employees, according to a Democrat familiar with the group's workings.
The reduction came as OFA was winding down a major enrollment push for Obama's health care law. The group had staffed up for that campaign and to manage 1,700 participants in its fellowship program, and some were on temporary contracts. Most but not all of the departing staffers worked on those projects, said the Democrat, who, like others, wasn't authorized to discuss OFA's internal workings publicly and demanded anonymity.
OFA said a key piece of its mission has been to foster "the next generation of progressive leaders," so it's no surprise that some of the staffers are moving on or joining congressional campaigns now that open enrollment for Obama's health exchanges is closed. The same goes for OFA's donors.
"We understand and expect that some of our more than 420,000 contributors will choose to shift their focus during the midterm season," said OFA spokeswoman Katie Hogan.
But the move follows public and private griping by Democratic groups who say OFA is diverting funds that would otherwise go to Democratic candidates, thus hindering the party in the midterms. After all, Democrats have fewer deep-pocketed donors than Republicans.
Continued here:
Obama Group OFA Scales Back Staffing, Fundraising
WASHINGTON (AP) Organizing for Action, the advocacy group supporting President Barack Obama's agenda, is scaling back its fundraising efforts and cutting its paid staff in half as focus shifts to the approaching midterm elections, three Democratic officials said.
Formed last year from the remnants of Obama's vaunted re-election campaign, OFA raised more than $30 million in its first 15 months as it worked to build support for Obama priorities like health care, immigration and climate change. But the group's aggressive courting of big-dollar donors has troubled many Democrats who worry that OFA is siphoning sorely needed dollars from Democratic campaigns just as the party is bracing for a difficult election.
As of May 31, OFA will no longer solicit high-dollar contributions, according to an email obtained by The Associated Press. Kathy Gasperine, the group's development director and a former Obama fundraiser, told top contributors it would "not be giving significant priority to seeking out new major donors."
"During the remainder of 2014, we will work to strengthen our relationships we have with our national leadership, continue our robust digital organizing, and utilize our megaphone to continue to activate our network into issue advocacy," Gasperine wrote.
Large contributions that were previously pledged will still be accepted, Gasperine said. And the group will continue soliciting smaller donations from grassroots supporters, an OFA official said.
At the same time, the group's workforce has shrunk in recent months from a high of more than 200 to just over 100 paid employees, according to a Democrat familiar with the group's workings.
The reduction came as OFA was winding down a major enrollment push for Obama's health care law. The group had staffed up for that campaign and to manage 1,700 participants in its fellowship program, and some were on temporary contracts. Most but not all of the departing staffers worked on those projects, said the Democrat, who, like others, wasn't authorized to discuss OFA's internal workings publicly and demanded anonymity.
OFA said a key piece of its mission has been to foster "the next generation of progressive leaders," so it's no surprise that some of the staffers are moving on or joining congressional campaigns now that open enrollment for Obama's health exchanges is closed. The same goes for OFA's donors.
"We understand and expect that some of our more than 420,000 contributors will choose to shift their focus during the midterm season," said OFA spokeswoman Katie Hogan.
But the move follows public and private griping by Democratic groups who say OFA is diverting funds that would otherwise go to Democratic candidates, thus hindering the party in the midterms. After all, Democrats have fewer deep-pocketed donors than Republicans.
Originally posted here:
Obama Supporting Group Cuts Staffing, Fundraising