Showing posts with label Congress. Show all posts
Showing posts with label Congress. Show all posts

Thursday, February 26, 2009

Video: Pres. Obama to Nation - Govt Should Monitor Banks



25 Feb 2009 14:18 Africa/Lagos

Pres. Obama to Nation - Our Economic Recovery 'Begins With Energy'

WASHINGTON, Feb. 25 /PRNewswire/ -- President Obama's first speech to a Joint Session of Congress last night was almost entirely devoted to the troubled economy. Amid a deepening recession Obama described the $787 Billion stimulus as one of the bold steps his five week old administration is implementing to turn the US economy around.


In the speech, Obama vowed to spend $15 billion a year to develop renewable energy. "We know the country that harnesses the power of clean, renewable energy will lead the 21st century," he said. The administration's Secretary of Energy, Stephen Chu, announced on Monday an immediate fast-tracking of all applications from wind and solar companies for stimulus dollars to kick-start the construction of more projects.


Assuming wind companies receive the lion's share of stimulus dollars (wind power accounted for 95% of the renewable energy built over the last five years), the stimulus is expected to lead to the construction of 30,000-megawatts of additional capacity, according to Hugh Wynne, an analyst at Bernstein Research - enough new wind power to supply 9 million American homes.


Wind farm developer NACEL Energy (OTC:NCEN) (BULLETIN BOARD: NCEN) CEO Brian Lavery said, "We ran the numbers and the impact as we understand the new stimulus incentives for wind power are really quite significant." NACEL has four wind power projects underway in the Texas Panhandle. Advisory Research has a positive rating on NACEL and a $3.07 valuation.


Accelerating construction of wind farms is also expected to lead to a recovery in the turbine market in the second half of 2009. In recent months manufacturers General Electric (NYSE:GE) and Vestas (Pink Sheets: VWDRY), as well as companies which supply the carbon fiber for turbine blades such as Hexcel (NYSE:HXL) and Zoltek (NASDAQ:ZOLT) , have all experienced slowing demand. Yesterday KeyBanc Capital Markets announced a new buy rating on Hexcel and a $10 valuation.


Before the Bell Publishing LLC advises C.M. Biddick is a member of the Financial Industry Regulatory Authority (FINRA) CRD number 2382884


Contact:


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Source: Before the Bell Green Energy Watch

CONTACT: Before the Bell(TM) Green Energy Watch, 1-888-249-3011



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25 Feb 2009
16:27
Teens Show Strong Optimism Regarding President Obama's Ability to Address the Economic Downturn
14:18
Pres. Obama to Nation - Our Economic Recovery 'Begins With Energy'
13:21
Blunt Response to President Obama's Address
07:47
FRC's Tony Perkins Responds to President Obama's Address to Congress
07:15
Democratic National Committee: The Reviews are in: President Obama's 'Hopeful' and 'Uplifting' Speech 'Will Really Galvanize' People
07:06
President Obama's Speech to Congress Elicits Feelings of Inspiration Among All Political Parties
05:49
Pelosi Statement Following Obama Address to Joint Session of Congress
05:26
ACCCE Statement Regarding President Obama's Address to the Joint Session of Congress
05:11
Democratic National Committee: Gov. Tim Kaine's Statement on President Obama's Address to the Joint Session of Congress
04:30
'The Bold Leadership America Needs to Confront a Broken Healthcare System'
04:16
Governor Bobby Jindal's Republican Address: 'Americans Can Do Anything'




Monday, January 5, 2009

Barack Obama To Meet Congress Leaders on Economic Plan

Obama to meet congress leaders on economic plan

January 05, 2009




Barack Obama is heading to Capitol Hill to push for quick action on a broad economic stimulus package congressional leaders are saying won't be ready until mid-February at the earliest. That's almost a month later than the president-elect wanted. (Jan. 5)


Friday, August 1, 2008

Pelosi: Tonight, Congress Sent a Message to Women Across the Country: 'Your Work is Valued'

1 Aug 2008 01:31 Africa/Lagos

Pelosi: Tonight, Congress Sent a Message to Women Across the Country: 'Your Work is Valued'

WASHINGTON, July 31 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi issued the following statement tonight after the House passed the Paycheck Fairness Act by a vote of 247 to 178. The bill closes loopholes that have allowed employers to avoid responsibility for discriminatory pay. According to the U.S. Census Bureau, women continue to make only 77 cents for every dollar earned by a man.


"Tonight, Congress sent a message to women across the country: 'your work is valued.'


"This legislation makes common-sense changes to strengthen the Equal Pay Act so that it will be a more effective tool in combating gender-based pay discrimination.


"Equal pay is an issue of fundamental fairness. But, as families grapple with difficult economic times, equal pay for equal work is often about daily survival for millions of families.


"Consider these facts: Women only make 77 cents for every dollar earned by a man. The Institute of Women's Policy Research found that this wage disparity will cost women anywhere from $400,000 to $2 million over a lifetime in lost wages.


"Meanwhile, the unemployment rate for women has increased more rapidly than for men. Women are more likely to have subprime mortgages and be affected by the foreclosure crisis. Many low-wage women workers are single mothers with no other source of support for their families and closing the pay disparity could strengthen their households.


"This bill would not have passed without the tenacious leadership of Congresswoman Rosa DeLauro, who has spent her entire career fighting to eliminate the gender-based wage gap. She first introduced this legislation in 1997 - and has reintroduced it every Congress since. Education and Labor Committee Chairman George Miller was also instrumental in bringing this bill to the floor.


"And I would also like to thank Congresswoman Eleanor Holmes Norton, and many other women Members, for shining a bright light on the issue of equal pay for so many years."


Source: Office of the Speaker of the House

CONTACT: Brendan Daly - Nadeam Elshami, +1-202-226-7616



Thursday, July 31, 2008

Pelosi: 'Today, the New Direction Congress Asserts Our Responsibility to Protect Children from Dangerous Toys'

31 Jul 2008 02:16 Africa/Lagos

Pelosi: 'Today, the New Direction Congress Asserts Our Responsibility to Protect Children from Dangerous Toys'

WASHINGTON, July 30 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi spoke on the House floor this afternoon in support of H.R. 4040, the Conference Report on Consumer Product Safety Modernization Act. The legislation passed overwhelmingly with a vote of 424 to 1. Below are the Speaker's remarks:


"Today is a special day for us because this bill is long overdue and it took a New Direction Congress to work it out and bring it to the floor in the form which it is in, which is to protect America's children. But it is a special day for another reason and that is because one of the main authors of this bill, Congressman Bobby Rush of Illinois, is back with us today. We are all family and to have a family member return to us in good health is something really special. He worked so hard to pass this bill the end of last year, before Christmas, so that families across America could know that Congress cared about our children.


"This bill is necessary because -- does anyone not know that I'm a grandmother? My husband always says, 'I wonder how far into your speeches it is that you start talking about your grandchildren.' But as a mother and grandmother, and as a person who serves a wider range of children in our extended family, I know that parents want to do everything they can to do the best for their children. But we have our limitations. We have to depend on the federal government to protect our children from chemicals that may be harmful to their health or even worse than that.


"2007 was dubbed the 'Year of the Recall' by Consumers Union. More than 45 million toys and children's products were recalled last year, and some were found to contain nearly 200 times the legal amount of lead. Toy trains, costumes, magnets, balls and even baby bottles were among the common everyday items found to be harmful to our children. What is a parent to do?


"This year, dangerous toy and product recalls are happening at an even swifter rate -- the number of recalls of toys and children's products is up 22 percent over the first half of last year. What is a parent to do?


"Most of the toys that are recalled should never have found their way on to the shelves of the local toy stores.


"Over the last several years, at the same time of these record toy recalls, the Consumer Product Safety Commission -- which is charged with testing toys before they end up in the homes of our children -- has been starved for resources. The agency lost 15 percent of its workforce between 2004 and 2007. In 2007, even the Commission's acting director complained that there was only one 'lonely' toy tester at the commission.


"Today with this legislation, we strengthen our ability to prevent those toys from getting to market, get products off the shelves more quickly, and increase fines and penalties for violating product safety laws.


"The legislation eliminates lead beyond a minute amount in toys and other products intended for children under 12 years of age. It also bans toxic phthalates in children's toys and child care articles.


"Today the New Direction Congress is asserting our responsibility to protect children from dangerous toys. Think of that? Shouldn't that be an oxymoron? It should be a given that toys are not dangerous.


"The Consumer Product Safety Improvement Act of 2008 is the result of the leadership of many in Congress. I would like to acknowledge and thank Chairman John Dingell and Chairman Bobby Rush. I would also like to acknowledge other leaders on the Energy and Commerce Committee, Congressman Henry Waxman, Congresswoman Jan Schakowsky and Congresswoman Diana DeGette.


"So I salute this as a bipartisan effort on the part of our nation's most valuable resource, our children, because it is our duty to protect them. We began this Congress by calling it to order in the name of all of America's children. Today we are honoring some of our promises to them by keeping their toys and children's products safe.


"Again, I urge our colleagues to give an overwhelming, unanimous vote of support for this important legislation for the children. Thank you."


Source: Office of the Speaker of the House

CONTACT: Brendan Daly, or Nadeam Elshami both of Office of the Speaker
of the House, +1-202-226-7616



Thursday, March 27, 2008

Breakdown of Final Primaries Shows Some Hope for Clinton

Breakdown of Final Primaries Shows Some Hope for Clinton

~ by and (more by this author)
Posted 03/25/2008 ETUpdated 03/26/2008 ET

Outlook

The overriding question in the Democratic presidential contest is whether Sen. Barack Obama(D-Ill.) has overcome the slump resulting from the controversy about the Rev. Jeremiah Wright. Sen. Hillary Clinton's (D-N.Y.)supporters are hoping for further controversy to slow down the Obama express.

It is clear now that the nominee will be selected by the super-delegates prior to the Denver convention late in August. They will be guided in no small part by polls to determine which candidate is more electable. It is not the happy choice between two acceptable candidates it seemed a month ago. Rejecting Obama risks alienating the vital African-American vote. Accepting him is increasingly seen among Democrats as a risk.

Sen. John McCain (R-Ariz.) is benefiting from the Democratic distress, but he and his campaign are a long way from being organized for the general election. He is being advised to lay off the "straight talk," such as admitting that he does not know much about the economy. McCain has made a decision not to craft the platform to his own wishes and to let it stand. He won't make the mistake Bob Dole did in '96.

McCain won't pick a running mate any time soon. But the front-runner in the VP derby may be Rob Portman -- former Ohio congressman, former U.S. trade representative and former OMB director. He appears to have fewer negatives than any other possibility.

McCain's big problem is fundraising. He raised in all of February what Obama raised in a week. Does this reflect delayed acknowledgement of McCain's securing the nomination, or does it reflect real Republican luke-warmness about their candidate?

The conventional wisdom among Republicans is that they would much rather run against Clinton than Obama. But McCain insiders see Obama as more vulnerable to McCain than Clinton in the West, partly because of the Hispanic vote -- in California, Washington, Oregon, Colorado, Arizona, and New Mexico.

Democratic Presidential
Future Primaries: Nine states plus Puerto Rico have primaries or caucuses remaining. Here is an early glimpse at these contests:

Pennsylvania, April 22, 158 Delegates:

In one glance, you can see this is Clinton country. Like Ohio, Pennsylvania is more geriatric, more female and whiter than America as a whole. It also has a stagnant population and in many places a stagnant manufacturing economy (or former manufacturing economy).

Obama can call on the black vote in Philadelphia and the liberal white Democrats in the collar counties. Offsetting Obama's natural advantage in the suburbs is Gov. Ed Rendell's endorsement of Clinton. Rendell, former Philly mayor and long-time Clintonista, won many of these socially liberal, fiscally moderate voters over to the Democratic Party.

Clinton has long held a large lead in polls here, and that lead has slightly expanded since her March 6 victories. Clinton could make a big dent in Obama's national lead here, possibly netting 30 delegates. On the other hand, it's possible that Obama could end the race with an upset win here. Likely Clinton.

Indiana, May 6, 72 Delegates:

This, too, is Clinton turf. This is a shrinking state in many ways, with many ethnic white Democrats worried about the economy. Demographically, the state is not as bad for Obama as Ohio or Pennsylvania are, but it's still an uphill climb.
The black population is not huge (9 percent) and the pool of white liberals is also limited, with a pocket in Bloomington. On the other hand, the elderly population and female population are on par with the rest of the country.

Sen. Evan Bayh, the state's leading Democrat, has lined up behind Clinton. Chances are that the delegates here will break fairly evenly, with neither candidate getting a significant bump. However, coming on the same day as the North Carolina primary, this one will matter for spin purposes, which are crucial for Clinton at this point.

The media presentation of this as a fair-fight, 50-50 state helps Clinton spin this. Leaning Clinton.

North Carolina, May 6, 115 Delegates:

Clinton is eyeing the Tar Heel State as a major upset possibility, and the polls are becoming muddled.
By all rights, Obama should win here. This is a fast-growing state with both a large university population (in the Research Triangle and elsewhere) and a large black population (22 percent). While there are pockets of depressed manufacturing, the economy is, in general, doing well.
Overall, Obama holds significant leads in polls here, but few of the surveys are reliable, and the reliable ones show him below 50 percent. If he ends up losing here, it will reflect a serious swing in momentum, exactly the fodder Hillary needs to win over super-delegates nationwide. Leaning Obama.

West Virginia, May 13, 28 Delegates:

Clinton figures to dominate here. She could possibly gain a net of 10 delegates. Likely Clinton.

Kentucky, May 20, 51 Delegates:

This white rural state without much of a liberal base leans strongly towards Clinton. Obama's chances here are slim. Likely Clinton.

Oregon, May 20, 52 Delegates:

Oregon, packed with West Coast liberals, leans towards Obama. There are no recent Clinton-vs.-Obama polls here, but the general election polls show his advantage (he beats McCain, while she loses to McCain). Leaning Obama.

Puerto Rico, June 1, 55 Delegates:

This contest has been moved from June 7 to June 1 and changed from a convention to a primary. Clinton is the favorite here because neither of Obama's bases have a presence. There are no reliable polls of the island, though, and Gov. Aníbal Acevedo-Vilá and his Popular Democratic Party are backing Obama. Leaning Clinton.

Montana, June 3, 16 Delegates:

A conservative state with liberal Democrats, like much of the Mountain West this state tilts towards Obama. Leaning Obama.

South Dakota, June 3, 15 Delegates:

Obama won every state that borders South Dakota, and he is the early favorite here. Leaning Obama.

Congress 2008

California-4: State Sen. Tom McClintock (R) will face off against former Rep. Doug Ose (R) in the fight for the GOP nomination in the district of retiring Rep. John Doolittle (R).

McClintock -- a long time conservative soldier in the battle for the heart of California's ailing GOP -- has stepped on the toes of an ally, former state Rep. Rico Oller (R), who jumped in the race immediately upon Doolittle's retirement announcement and was the early conservative in the primary. Oller, who would have been in a tough battle against the popular and well-funded Ose, was nudged aside by McClintock and has endorsed him to unify conservatives. Oller, ironically, was one of the last people to be standing behind McClintock in his bid for governor in 2003.

Also dropping from the race and endorsing McClintock is Eric Egland, an Iraq War veteran.
A critic of the Republican establishment from Gov. Pete Wilson (R) to Gov. Arnold Schwarzenegger (R), McClintock has failed to win state office three times: for lieutenant governor in 2006, governor in 2003, and controller in 2002. The primary looks like a tougher fight than the general election.

Ose, a wealthy developer who started the race with nearly $500,000 on hand, will need whatever advantage he can get to overcome the name recognition of McClintock, a perennial hustler. In McClintock-commissioned polls in early February, McClintock showed a 43 percent to 11 percent edge over Ose.

Neither candidate lives in the district currently: Ose lives in a neighboring district and McClintock had a residence in Placer County. With the carpetbagger attack likely disarmed, the primary could focus on issues, where there are significant differences.

Once the dust settles in the battle of conservative versus moderate factions for the Republican nomination, the winner will face Democratic candidate Charlie Brown, who narrowly lost to Doolittle in 2006.

New York Overview:

The announced retirement of Rep. Tom Reynolds (R) creates a second open congressional seat in upstate New York, setting up Democrats for further conquest of the Empire State.

1. Democrats' three pickups last year continued a decade-long trend of their progressively dominating the congressional delegation. Their 17-to-14 majority after the 1994 elections has grown to a 23-to-6 majority (two seats were eliminated in reapportionment after the 2000 Census), with Democratic gains almost every election since Rep. Carolyn McCarthy (D) knocked off freshman Rep. Daniel Frisa (R) 1996.

2. The early stage (1996 to 2002) of the Democratic takeover was centered in Long Island suburbs. This was part of the Democratic takeover of white, upper-middle-class suburbia. Democratic takeovers here brought Long Island in line with Westchester County and the other demographically similar bedroom communities in New York and New Jersey.

3. The more recent spate of Democratic pickups has been in upstate New York, in blue-collar cities surrounded by rural counties. These are some of the most economically depressed parts of the country, with voters who are more socially conservative. The three-seat pickup last year and the two to three seats likely to go Democratic this year suggest that the Bush Administration, the Iraq War, and recent Republican incompetence and corruption play a real role here.

4. The upstate districts -- in their demographics and in the issues that helped Democrats win -- mirror much of the turf Democrats conquered in 2006, such as the Ohio River Valley seats. Cast in terms of the presidential election, this is Clinton country.

5. While Republicans will probably have only three or four U.S. congressional seats in New York after the 2008 elections, things can certainly get worse. The three safe New York Republican representatives this year -- Peter King in Long Island's Nassau County, Vito Fossella of Staten Island, and John McHugh from the Northern end of the state -- all occupy seats that could go to Democrats upon these GOPers' retirements.

6. Although they face real troubles these days, thanks to disgraced former Gov. Eliot Spitzer (D), Democrats in Albany could control both legislative chambers and the governorship in 2010. Redistricting that year (which could involve the loss of a seat in reapportionment), could bring New York's Republican congressional delegation down to zero.

7. Below are analyses of the most competitive House races in New York this year. This chart tracks Democrats' progressive takeover of the delegation:
(D) favored.
Read the full report