Tags: Barack Obama

By BENJIE OLIVEROS Bulatlat.com In 2008, when the economic crisis hit the US, newly elected President Barack Obama unveiled a stimulus package that bailed out the erstwhile “too big to fall” financial investment houses and banks. This went on for years with the US government implementing two rounds of quantitative easing measures. But these have…

By AMY GOODMAN Reader Supported News | Truthdig President Barack Obama unleashed his proposed 2012 budget this week, pronouncing, proudly: “I’ve called for a freeze on annual domestic spending over the next five years. This freeze would cut the deficit by more than $400 billion over the next decade, bringing this kind of spending—domestic discretionary…

By JAMES R. KING CounterPunch Posted by Bulatlat.com The dramatic scenes from Tunis, Sana’a and especially Cairo continue to exhilarate observers across the globe. These images of men, women and children braving riot police, tear gas and decades of authoritarianism to seize their economic, social and political futures point to what seemed impossible a mere…

The American people are disappointed over US Pres. Obama’s performance. The magic of his rhetoric is failing amid the worsening poverty and the essentially unchanged policies. By BENJIE OLIVEROS Analysis Bulatlat.com US President Barack Obama brought hope to the American people amid the deep economic crisis confronting what is supposedly the biggest and strongest nation…

By TOM ENGELHARDT Posted by Bulatlat.com History, or the future (however you want to look at it), has a funny way of rearing up and biting leaders who think they know what they’re doing. Take Barack Obama. Only weeks before the Deepwater Horizon oil rig exploded in the Gulf of Mexico, he made a “pragmatic”…

By ALEXANDER COCKBURN CounterPunch International Ritual trumphalism about America’s righteous mission in the closing sentences of his speech did not dispel the distinct impression during President Obama’s 33-minute address to cadets at West Point Tuesday night that we were listening to a man defeated by the challenge of justifying the dispatch of 3o,000 more troops…