In the latest part of what is just an amazing marketing process for a film, J.J. Abrams, the producer of the upcoming movie "Cloverfield" has invited people like you and me to grab a widget for themselves. You can get one here below this and every post. It contains a brief by Abrams and some great scenes from what promises to be an awesome movie.
Click on the widget below, and grab one for your blog or website!
Friday, December 14, 2007
New England Has Record Snowfall Of Over 10 Inches
According to Reuters , New England's facing a record snowfall of over 10 inches and all that while I am in sunny, warm Oakland, California, where the residents complain that it's cold when the temp drops to 50 degrees.
"Spolied" is the word that comes to mind.
"Spolied" is the word that comes to mind.
After Iowa Debate Obama Rises Both In Focus Groups And Iowa Poll
The last Presidential Debate before the Primaries and caucases was held today and by the Dems. It's a contest that caught the West Coast off-guard as it happened during working hours.
What we missed was a performance which featured Senator Barack Obama getting in what turned out to be the ultimate sound-bite.
It started as Senator Obama was asked why he had so many former Clinton advisors on his foreign policy team and how would that cause him to really bring change. But before Obama could talk, Senator Clinton was heard with her now-famous cackle stating "answer that" and Obama did; he got in this zinger:
"And Hillary, I'm looking forward to you becoming my advisor as well."
Pow. Right between the eyes. You could say she walked right into that one.
The debate overall was a good policy exchange which saw Obama emerge as a leader. Plus, Senator Clinton did not make enough of a difference to change her sagging fortunes before the Iowa Caucus. Senator John Edwards performed well, but it's not believed well enough to turn the tide totally in his favor. It's still a close race, but vastly different than even a month ago.
Now, Senator Obama's top dog in the Des Moines Register's latest poll. Plus, in another poll, the Newsweek Poll shows Obama's lead actually increased to 35 percent versus 29 percent for Clinton.
Meanwhile, Mike Huckabee's leading amoung Republicans and my guess is because he's the one that seems less threatening. Giuliani's off-politics antics make him seem less presidential. Ron Paul's still a bit too extreme for Republicans. And Mitt Romney - in my view -- comes off as both way too high-brow and mean-sprited. Huckabee seems to be the mostly likeable candidate for the Republicans.
What we missed was a performance which featured Senator Barack Obama getting in what turned out to be the ultimate sound-bite.
It started as Senator Obama was asked why he had so many former Clinton advisors on his foreign policy team and how would that cause him to really bring change. But before Obama could talk, Senator Clinton was heard with her now-famous cackle stating "answer that" and Obama did; he got in this zinger:
"And Hillary, I'm looking forward to you becoming my advisor as well."
Pow. Right between the eyes. You could say she walked right into that one.
The debate overall was a good policy exchange which saw Obama emerge as a leader. Plus, Senator Clinton did not make enough of a difference to change her sagging fortunes before the Iowa Caucus. Senator John Edwards performed well, but it's not believed well enough to turn the tide totally in his favor. It's still a close race, but vastly different than even a month ago.
Now, Senator Obama's top dog in the Des Moines Register's latest poll. Plus, in another poll, the Newsweek Poll shows Obama's lead actually increased to 35 percent versus 29 percent for Clinton.
Meanwhile, Mike Huckabee's leading amoung Republicans and my guess is because he's the one that seems less threatening. Giuliani's off-politics antics make him seem less presidential. Ron Paul's still a bit too extreme for Republicans. And Mitt Romney - in my view -- comes off as both way too high-brow and mean-sprited. Huckabee seems to be the mostly likeable candidate for the Republicans.
Reddit Web 2.0 Party Gallery Lounge San Francisco
This is a "slice of life" video that gives you an idea of what people actually do at these "Web 2.0" parties. It features a brief talk with Reddit founder Steve Huffman, and a look around an all too crowded Gallery Lounge in San Francisco. We meet programmers arguing and someone who shows us how to make an impromptu NDA in a crowded place. Finally, San Franciscans who get around may recognize a certain person.
Thursday, December 13, 2007
Ron Paul - ABC News Fix Has Interview Only On Web
This is a terrible bit of news I got from Andrew Sulivan and which he got from The Huff Post's Matt Simon. Apparently Congressman Ron Paul gave an interview to ABC News' John Stossel -- one that ABC didn't show on television, but confined to the World Wide Web.
This is the latest and ultimate example of a mainstream media fix that has been in the works in different forms, from polling to television coverage. New Media to the rescue as bloggers and vloggers uncover a fix that would have determined the election in the past.
No more.
According to Matt Simon, Stossel wrote this:
Despite relatively low poll numbers, Paul has had a big influence on the presidential campaign. That's in part because he's raised a ton of money, and in part because of the passionate following he has on the Web. It's one reason we're posting my interview with Paul only on the Internet, where the debate about Paul is very active. In fact, he's the most Googled presidential candidate.
Yeah, right.
Any Internet expert know that television drives web searches. If the interview were shown on ABC, it would have compelled many undecided viewers to go to their computers and search for news on Ron Paul.
ABC either knew this and punted, or didn't know this, and still worked to deny the Paul interview full disemenation. In either case, it's wrong what was done. Here's the ABC interview.
This is the latest and ultimate example of a mainstream media fix that has been in the works in different forms, from polling to television coverage. New Media to the rescue as bloggers and vloggers uncover a fix that would have determined the election in the past.
No more.
According to Matt Simon, Stossel wrote this:
Despite relatively low poll numbers, Paul has had a big influence on the presidential campaign. That's in part because he's raised a ton of money, and in part because of the passionate following he has on the Web. It's one reason we're posting my interview with Paul only on the Internet, where the debate about Paul is very active. In fact, he's the most Googled presidential candidate.
Yeah, right.
Any Internet expert know that television drives web searches. If the interview were shown on ABC, it would have compelled many undecided viewers to go to their computers and search for news on Ron Paul.
ABC either knew this and punted, or didn't know this, and still worked to deny the Paul interview full disemenation. In either case, it's wrong what was done. Here's the ABC interview.
Wednesday, December 12, 2007
Falcons Press Conference On Bobby Petrino's Departure - NFL Network Today
I'm watching the Atlanta Falcons Press Conference right now on The NFL Network. It features two speakers, Falcons GM Rich McKay and Falcons Owner Arthur Blank, and the mood is at best somber.
What's stood out is that the Falcons were misled not just by Bobby Petrino but by Arkansas Athletic Director Jeff Long. It's also very obvious from the discussion that Petrino could not communicate well with the players, and -- I'll say this -- may have had a hard time adjusting to the modern pro Black athlete.
Whereas in college a coach has a lot of power and is dealing with kids, in the NFL a coach is called by his first name, and can't throw a man off the team for misbehavior. But what's most obvious is that many in the Falcons organization were lied to and thrown into a huge organizational tailspin.
The people most negative impacted are the assistant coaches, one of which who's already left. They are in the position of having to worry about their futures anew.
Nice job Bobby.
Barack Obama and Ron Paul Win National Presidential Caucus
I just saw this on my Facebook profile news update, and clicked on the headlines, reveling this press release below. Let's see how CNN and Fox and the other main stream news outlets handle this news. It flies in the face of their polls and adds ammo to the idea that some news people there are trying to steer the election toward Hillary Clinton.
For example, in New Jersey, the finish was Obama, Edwards, and Kucnich -- yep. See it here:
Stay tuned.
Video on The National Presidential Caucus:
FOR IMMEDIATE RELEASE
National Presidential Caucus Announces Results From First-Ever National Caucus
--
Washington, DC (December 12, 2007) -- On December 7, 2007 in cities and small towns across the country, Democrat, Republican and "Open" Caucus groups formed independently online and Caucused face-to-face on National Caucus Day. The first-ever National Presidential Caucus is now history and the results are in.
Barack Obama wins over Democrat voters generating 40% of Democrat Caucus voter preferences. Obama was followed by a three-way tie for second, with John Edwards, Bill Richardson and "Undecided" each generating 20% of Democratic Caucus preferences.
On the Republican side, Ron Paul obliterated the field for the GOP generating the preference of 50% of GOP Caucuses. Mike Huckabee and Fred Thompson follow, generating 33.3% and 16.6% of Republican Caucus preferences, respectively.
Among votes in Open Caucuses, Ron Paul wins with 62.5% of Open Caucus votes, followed by Barack Obama (18.75%), Fred Thompson (12.5%), and Hilary Clinton (6.25%).
Results were tallied from 19 independently formed Caucus groups (Republican, Democrat, and Open) that met on Friday, December 7th, 2007 in Dallas, TX (2D); Sarcoxie, MO (O); Boise, ID (R); Needham, MA (D); Carthage, MO (O); Manhattan, KS (D & R); Pineville, MO (O); Richmond, MO (O); Costa Mesa, CA (O); Springfield MO (R); Winston-Salem, NC (O); Overland Park, KS (R); New York City, NY (O); and Joplin, MO (R), Warrensburg, MO (R), Roselle Park, NK (D), and Philadelphia, PA (O).
Some caucuses used multiple voting rounds with minimum vote thresholds to give citizens a chance to change their minds and switch candidate preferences, but all meetings were built on a first round of issue discussion and deliberation. Multiple rounds of voting were not prohibited and each group was encouraged to create the most engaging caucus format possible. However, threshold voting eliminates all but the top vote-getters. While that may have been the intention for some groups, the NPC feels obligated to recognize the efforts and opinions of all caucus goers.
Issue results reflected opposition to Iraq involvement, foreign intervention in general, and health care, immigration and erosion of civil liberties rounding out the top concerns of all caucusers.
Self-organized and independent, most gatherings were small, informal discussion sessions, while others attracted hundreds of participants including party officials and campaign operatives in a raucous bid for supporters. The NPC feels that the results at each caucus is of greatest importance and relevance to those in that caucus room and to that local community where those ideas were exchanged, relationships were created, passions were shared. We believe this is social capital formation at its finest.
The NPC was previewed by major media from CBS News, The Washington Post and The New York Times, among others. The actual Caucuses are receiving a fair amount of local attention from the mainstream media, including front page newspaper coverage in Greensboro, NC and TV coverage by WNBC news in NYC, the largest NBC affiliate in the nation.
But even better, people reported on their own caucus events. Using numerical reports, commentary, pictures & video, and through a growing number of blogs, each caucus tells its own story. Some reports from those who participated, include Kansas City: "Wow, what a great evening it was in Kansas City!"; New Jersey: "It was a fun night with close to 200 people participating in this exercise."; Chicago: "It was a very informative experience."; Boise, Idaho: "It was an extremely fun event..." Video footage is being compiled on the official National Presidential Caucus channel on YouTube. Visit http://www.youtube.com/NationalCaucus to view.
"The NPC wants to applaud everyone who took the time and made an effort to engage their neighbors in this evening of passionate civic discourse, said Don Means, NPC's primary organizer. "You have just ushered in a new era of participatory democracy in America. Your country should be proud of you!"
National Presidential Caucus is the product of a consortium of partisan, bi-partisan and non-partisan interests who seek to demonstrate how local, self-organized, web-enabled face-to-face gatherings is the new basis for participatory democracy. To view National Caucus endorsers visit: http://www.nationalcaucus.com/endorsements . For more information about the National Presidential Caucus vision visit: http://www.nationalcaucus.com/about
CONTACT:
Myles Weissleder
National Presidential Caucus
myles@nationalcaucus.com
Office: 415-332-3205
Mobile: 415-990-0970
# 30 #
For example, in New Jersey, the finish was Obama, Edwards, and Kucnich -- yep. See it here:
Stay tuned.
Video on The National Presidential Caucus:
National Presidential Caucus Announces Results From First-Ever National Caucus
FOR IMMEDIATE RELEASE
National Presidential Caucus Announces Results From First-Ever National Caucus
--
Barack Obama Wins Democrat Caucuses; Ron Paul Dominates Both GOP And "Open" Caucuses
--Washington, DC (December 12, 2007) -- On December 7, 2007 in cities and small towns across the country, Democrat, Republican and "Open" Caucus groups formed independently online and Caucused face-to-face on National Caucus Day. The first-ever National Presidential Caucus is now history and the results are in.
Barack Obama wins over Democrat voters generating 40% of Democrat Caucus voter preferences. Obama was followed by a three-way tie for second, with John Edwards, Bill Richardson and "Undecided" each generating 20% of Democratic Caucus preferences.
On the Republican side, Ron Paul obliterated the field for the GOP generating the preference of 50% of GOP Caucuses. Mike Huckabee and Fred Thompson follow, generating 33.3% and 16.6% of Republican Caucus preferences, respectively.
Among votes in Open Caucuses, Ron Paul wins with 62.5% of Open Caucus votes, followed by Barack Obama (18.75%), Fred Thompson (12.5%), and Hilary Clinton (6.25%).
Results were tallied from 19 independently formed Caucus groups (Republican, Democrat, and Open) that met on Friday, December 7th, 2007 in Dallas, TX (2D); Sarcoxie, MO (O); Boise, ID (R); Needham, MA (D); Carthage, MO (O); Manhattan, KS (D & R); Pineville, MO (O); Richmond, MO (O); Costa Mesa, CA (O); Springfield MO (R); Winston-Salem, NC (O); Overland Park, KS (R); New York City, NY (O); and Joplin, MO (R), Warrensburg, MO (R), Roselle Park, NK (D), and Philadelphia, PA (O).
Some caucuses used multiple voting rounds with minimum vote thresholds to give citizens a chance to change their minds and switch candidate preferences, but all meetings were built on a first round of issue discussion and deliberation. Multiple rounds of voting were not prohibited and each group was encouraged to create the most engaging caucus format possible. However, threshold voting eliminates all but the top vote-getters. While that may have been the intention for some groups, the NPC feels obligated to recognize the efforts and opinions of all caucus goers.
Issue results reflected opposition to Iraq involvement, foreign intervention in general, and health care, immigration and erosion of civil liberties rounding out the top concerns of all caucusers.
Self-organized and independent, most gatherings were small, informal discussion sessions, while others attracted hundreds of participants including party officials and campaign operatives in a raucous bid for supporters. The NPC feels that the results at each caucus is of greatest importance and relevance to those in that caucus room and to that local community where those ideas were exchanged, relationships were created, passions were shared. We believe this is social capital formation at its finest.
The NPC was previewed by major media from CBS News, The Washington Post and The New York Times, among others. The actual Caucuses are receiving a fair amount of local attention from the mainstream media, including front page newspaper coverage in Greensboro, NC and TV coverage by WNBC news in NYC, the largest NBC affiliate in the nation.
But even better, people reported on their own caucus events. Using numerical reports, commentary, pictures & video, and through a growing number of blogs, each caucus tells its own story. Some reports from those who participated, include Kansas City: "Wow, what a great evening it was in Kansas City!"; New Jersey: "It was a fun night with close to 200 people participating in this exercise."; Chicago: "It was a very informative experience."; Boise, Idaho: "It was an extremely fun event..." Video footage is being compiled on the official National Presidential Caucus channel on YouTube. Visit http://www.youtube.com/NationalCaucus to view.
"The NPC wants to applaud everyone who took the time and made an effort to engage their neighbors in this evening of passionate civic discourse, said Don Means, NPC's primary organizer. "You have just ushered in a new era of participatory democracy in America. Your country should be proud of you!"
National Presidential Caucus is the product of a consortium of partisan, bi-partisan and non-partisan interests who seek to demonstrate how local, self-organized, web-enabled face-to-face gatherings is the new basis for participatory democracy. To view National Caucus endorsers visit: http://www.nationalcaucus.com/endorsements . For more information about the National Presidential Caucus vision visit: http://www.nationalcaucus.com/about
CONTACT:
Myles Weissleder
National Presidential Caucus
myles@nationalcaucus.com
Office: 415-332-3205
Mobile: 415-990-0970
# 30 #
Tuesday, December 11, 2007
Le Web 3 - A Video Brief On What's Happening There - Day 1
This is a segment of videos on the goings on at Le Web 3 in Paris, France. For more information on Le Web 3, see my video interview of Cathy Brooks , the event's producer.
Le Web 3 - Preparations:
Le Web 3 - Day One
Le Web 3 - Preparations:
Le Web 3 - Day One
More On Petrino's Sudden Departure From The Atlanta Falcons
Well, for some reason, I'm not surprised at this.
Petrino quits Falcons to take Arkansas job
By STEVE WYCHE
The Atlanta Journal-Constitution
Published on: 12/11/07
Falcons coach Bobby Petrino, in a move that was said to have blindsided team officials, resigned Tuesday evening to take the head-coaching job at the University of Arkansas, the team confirmed.
Team owner Arthur Blank and the Falcons brass were caught so off guard that they are still trying to figure out who will coach the 3-10 team over the final three games.
Offensive coordinator Hue Jackson and defensive coordinator Mike Zimmer are likely candidates to coach the Falcons on an interim basis.
Each could be under consideration for the permanent job.
Before the Falcons' 34-14 loss to New Orleans Monday, Blank said that he had heard rumors that Arkansas had targeted Petrino to replace Houston Nutt as head coach. So he said he asked Petrino if he was considering that job.
Petrino, who was signed from the University of Louisville to a five-year, $24.5 million contract Jan. 8, told him Monday afternoon that he definitely would be back to coach the Falcons in 2008.
It was the second time Blank had asked Petrino about his commitment to the team and the second time Petrino told him he would be back next season.
Blank was not available for comment Tuesday evening.
The Falcons were off Tuesday and Petrino did not hold his typical day-after, post game news conference. It is not known if he spent the day talking to officials from Arkansas.
Petrino's abrupt departure puts the Falcons in position of trying to find a second head coach in less than a year. Blank fired Jim Mora Jan. 1, 2007 after three seasons.
Atlanta is in a tenuous situation because a new head coach with a radically different philosophy could require a rapid change in direction from plans already put in place to augment the roster for Petrino's scheme.
Falcons cornerback DeAngelo Hall, one of several players with a frosty relationship with Petrino, said he was surprised by the news, which he heard about from a team officials around 5:30 Tuesday.
"We felt like Petrino was going to be around for the long haul, like he had as much invested in this as we did," Hall said. "For him to jump ship is disheartening. Arthur Blank and the city of Atlanta, they deserve to win and we thought Petrino was going to be the guy to help us get there. He was a winner and wasn't used to losing.
"Maybe he didn't feel he could win at this level. I disagree with that. If he doesn't want to be a part of it, fine. We'll move on and get better and we will games without him."
It was thought that Petrino could take the Falcons offense, led by Michael Vick, and create an exciting, winning brand of football.
But Petrino's troubles in Atlanta began soon afterward, starting when Vick was questioned by security at Miami International Airport on Jan. 17 about a water bottle with a hidden compartment. Test results indicated that were no illegal substances in the bottle, and Vick was cleared of wrongdoing.
Vick's troubles continued in April when police found evidence of a dogfighting operation at a home he owned in rural southeastern Virginia.
Vick was indicted on felony charges in July of operating an illegal dogfighting operation, known as Bad Newz Kennels.
Vick was indefintely suspended by NFL commissioner Roger Goodell in August.
The Falcons are 3-10 following Monday's 34-14 loss to New Orleans. They are tied for the second-worst record in the league.
In the wake of Vick's suspension, the team has used three different starting quarterbacks, and its offense has struggled. They are 30th in the league in scoring (14.2 points per game) and 24th in yards per game (301.1 ypg).
Fan reaction was much like that at Falcons headquarters: surprised.
Brian Daniels, president of Louisville's Atlanta Alumni Club said, "I'm just absolutely floored.
"I really believe he came here to coach the best athlete in football. I think he was just at a point where he'd had enough. You can't blame a man for wanting to drive a Porsche and being handed a Cadillac."
Petrino has a history of short stays as a coach.
During his four seasons at Louisville, Auburn, LSU and the NFL's Oakland Raiders talked to him.
In an attempt to keep him, the school signed him to a $25-million extension in July, 2006.
He signed a deal with the Falcons six months later.
Petrino's coaching career started in 1983 as a graduate assistant at Carroll College in Wisconsin. He became offensive coordinator there in 1985. It was the start of a long-time career in the college ranks that saw him work as an assistant at eight colleges before being named head coach at the University of Louisville in 2003. He compiled a 41-9 record at Louisville.
Petrino previously worked in the pro ranks as quarterbacks coach and offensive coordinator for the Jacksonville Jaguars from 1999-2002.
Petrino also has a previous stint in the SEC, as offensive coordinator for Auburn University in 2002.
Petrino quits Falcons to take Arkansas job
By STEVE WYCHE
The Atlanta Journal-Constitution
Published on: 12/11/07
Falcons coach Bobby Petrino, in a move that was said to have blindsided team officials, resigned Tuesday evening to take the head-coaching job at the University of Arkansas, the team confirmed.
Team owner Arthur Blank and the Falcons brass were caught so off guard that they are still trying to figure out who will coach the 3-10 team over the final three games.
Offensive coordinator Hue Jackson and defensive coordinator Mike Zimmer are likely candidates to coach the Falcons on an interim basis.
Each could be under consideration for the permanent job.
Before the Falcons' 34-14 loss to New Orleans Monday, Blank said that he had heard rumors that Arkansas had targeted Petrino to replace Houston Nutt as head coach. So he said he asked Petrino if he was considering that job.
Petrino, who was signed from the University of Louisville to a five-year, $24.5 million contract Jan. 8, told him Monday afternoon that he definitely would be back to coach the Falcons in 2008.
It was the second time Blank had asked Petrino about his commitment to the team and the second time Petrino told him he would be back next season.
Blank was not available for comment Tuesday evening.
The Falcons were off Tuesday and Petrino did not hold his typical day-after, post game news conference. It is not known if he spent the day talking to officials from Arkansas.
Petrino's abrupt departure puts the Falcons in position of trying to find a second head coach in less than a year. Blank fired Jim Mora Jan. 1, 2007 after three seasons.
Atlanta is in a tenuous situation because a new head coach with a radically different philosophy could require a rapid change in direction from plans already put in place to augment the roster for Petrino's scheme.
Falcons cornerback DeAngelo Hall, one of several players with a frosty relationship with Petrino, said he was surprised by the news, which he heard about from a team officials around 5:30 Tuesday.
"We felt like Petrino was going to be around for the long haul, like he had as much invested in this as we did," Hall said. "For him to jump ship is disheartening. Arthur Blank and the city of Atlanta, they deserve to win and we thought Petrino was going to be the guy to help us get there. He was a winner and wasn't used to losing.
"Maybe he didn't feel he could win at this level. I disagree with that. If he doesn't want to be a part of it, fine. We'll move on and get better and we will games without him."
It was thought that Petrino could take the Falcons offense, led by Michael Vick, and create an exciting, winning brand of football.
But Petrino's troubles in Atlanta began soon afterward, starting when Vick was questioned by security at Miami International Airport on Jan. 17 about a water bottle with a hidden compartment. Test results indicated that were no illegal substances in the bottle, and Vick was cleared of wrongdoing.
Vick's troubles continued in April when police found evidence of a dogfighting operation at a home he owned in rural southeastern Virginia.
Vick was indicted on felony charges in July of operating an illegal dogfighting operation, known as Bad Newz Kennels.
Vick was indefintely suspended by NFL commissioner Roger Goodell in August.
The Falcons are 3-10 following Monday's 34-14 loss to New Orleans. They are tied for the second-worst record in the league.
In the wake of Vick's suspension, the team has used three different starting quarterbacks, and its offense has struggled. They are 30th in the league in scoring (14.2 points per game) and 24th in yards per game (301.1 ypg).
Fan reaction was much like that at Falcons headquarters: surprised.
Brian Daniels, president of Louisville's Atlanta Alumni Club said, "I'm just absolutely floored.
"I really believe he came here to coach the best athlete in football. I think he was just at a point where he'd had enough. You can't blame a man for wanting to drive a Porsche and being handed a Cadillac."
Petrino has a history of short stays as a coach.
During his four seasons at Louisville, Auburn, LSU and the NFL's Oakland Raiders talked to him.
In an attempt to keep him, the school signed him to a $25-million extension in July, 2006.
He signed a deal with the Falcons six months later.
Petrino's coaching career started in 1983 as a graduate assistant at Carroll College in Wisconsin. He became offensive coordinator there in 1985. It was the start of a long-time career in the college ranks that saw him work as an assistant at eight colleges before being named head coach at the University of Louisville in 2003. He compiled a 41-9 record at Louisville.
Petrino previously worked in the pro ranks as quarterbacks coach and offensive coordinator for the Jacksonville Jaguars from 1999-2002.
Petrino also has a previous stint in the SEC, as offensive coordinator for Auburn University in 2002.
While Obama Offers Solution To Preditory Credit Cards, Clinton Has Flip Flopped On Issue
Today, in Iowa, Senator Barack Obama offered a solution to the growing problem of credit card debt:
Obama called for new restrictions on "predatory" credit card companies he says deceive consumers into piling up massive debt they have little hope of repaying.
"The truth is, our middle-class families are not going to be secure so long as they can't get out of debt," Obama said Monday, sharpening the populist rhetoric of his presidential campaign. "If we're serious about stopping Americans from falling deeper in debt, we've got to crack down on predatory credit card companies that are pushing them over the edge."
Obama pointed to studies showing that consumers have an average personal debt of more than $8,000, a load driven higher by credit cards. He said soaring credit card debt could turn into a crisis as big as the one in the subprime mortgage industry.
"The larger risk is that what's happening in the housing market could lead to a slowdown in the entire economy," he said.
While Obama takes the issue head on Senator Hillary Rodham Clinton has a history of flip-flopping on the matter. Take what Harvard Professor Elizabeth Warren said on Frontline regarding how Clinton first had President Bill Clinton reject, then turned around and as Senator supported the same banruptcy legislation that would have forced credit card companies to change their policies...
And Sen. [Hillary] Clinton?
Sen. Clinton, when she was first lady, [was] responsible for stopping the proposed bankruptcy legislation. The White House had been quietly supporting it, and it was First Lady Clinton who talked with her husband and persuaded him that the bankruptcy bill was hard on women, hard on families, hard on older Americans, and was a bad idea in general. And the last act that President Clinton took with Congress was to veto the bankruptcy bill. Mrs. Clinton took credit for that in her autobiography, and by golly, she deserves it. She stood up --
And today?
Sen. Clinton, when she was elected, the financial services industry brought this bill back. And so one of the very first bills that came up after Sen. Clinton had taken office was the bankruptcy bill. Oh, [there were] a couple of cosmetic changes to it, ... but it was the same bill that had been there at that point already for four years. And Sen. Clinton voted in favor of the bill.
Better bill?
No.
Why?
The financial services industry is a big industry in New York, and it's powerful on Capitol Hill. It's a story of how much influence this industry group wields in Washington that ... they can bring to heel a senator who obviously cares, who obviously gets it, but who also obviously really feels the pressure in having to stand up to an industry like that.
So it's clear the credit card lobby "got to" Senator Clinton, making it doubtful Americans will see any real advance or relief in this area if she's elected President.
Obama called for new restrictions on "predatory" credit card companies he says deceive consumers into piling up massive debt they have little hope of repaying.
"The truth is, our middle-class families are not going to be secure so long as they can't get out of debt," Obama said Monday, sharpening the populist rhetoric of his presidential campaign. "If we're serious about stopping Americans from falling deeper in debt, we've got to crack down on predatory credit card companies that are pushing them over the edge."
Obama pointed to studies showing that consumers have an average personal debt of more than $8,000, a load driven higher by credit cards. He said soaring credit card debt could turn into a crisis as big as the one in the subprime mortgage industry.
"The larger risk is that what's happening in the housing market could lead to a slowdown in the entire economy," he said.
While Obama takes the issue head on Senator Hillary Rodham Clinton has a history of flip-flopping on the matter. Take what Harvard Professor Elizabeth Warren said on Frontline regarding how Clinton first had President Bill Clinton reject, then turned around and as Senator supported the same banruptcy legislation that would have forced credit card companies to change their policies...
And Sen. [Hillary] Clinton?
Sen. Clinton, when she was first lady, [was] responsible for stopping the proposed bankruptcy legislation. The White House had been quietly supporting it, and it was First Lady Clinton who talked with her husband and persuaded him that the bankruptcy bill was hard on women, hard on families, hard on older Americans, and was a bad idea in general. And the last act that President Clinton took with Congress was to veto the bankruptcy bill. Mrs. Clinton took credit for that in her autobiography, and by golly, she deserves it. She stood up --
And today?
Sen. Clinton, when she was elected, the financial services industry brought this bill back. And so one of the very first bills that came up after Sen. Clinton had taken office was the bankruptcy bill. Oh, [there were] a couple of cosmetic changes to it, ... but it was the same bill that had been there at that point already for four years. And Sen. Clinton voted in favor of the bill.
Better bill?
No.
Why?
The financial services industry is a big industry in New York, and it's powerful on Capitol Hill. It's a story of how much influence this industry group wields in Washington that ... they can bring to heel a senator who obviously cares, who obviously gets it, but who also obviously really feels the pressure in having to stand up to an industry like that.
So it's clear the credit card lobby "got to" Senator Clinton, making it doubtful Americans will see any real advance or relief in this area if she's elected President.
On Fox, Tom Tancredo Says That Republican Debate For Spanish Speaking Americans Is For Those Who Aren't American
I could not believe what I was hearing when I heard it today, but out of the mouth of Republican U.S. Presidential Candidate Tom Tancredo was a series of very bigoted statements which essentially add up to this:
If you're speaking any language other than English, you're not American.
That was the message he sent and it was totally ugly. So much so that Fox's Shepard Smith could not resist grilling him with a set of "setup" questions on this.
I'll call him "Tom The Terrible" from now on!
If you're speaking any language other than English, you're not American.
That was the message he sent and it was totally ugly. So much so that Fox's Shepard Smith could not resist grilling him with a set of "setup" questions on this.
I'll call him "Tom The Terrible" from now on!
Vick receives 23-month sentence on dogfighting charges
Richmond, Virgina judge Henry Hudson sentenced embattled Atlanta Falcons quarterback
Michael Vick to nearly two full years in prison Monday morning.
Since the disgraced star has already spent three months behind bars, it is probable to assume that with good behavior the sentence will be reduced to 19 months. Either way, it will have been three years without playing professional football and the likelihood of Vick acclimating himself back into the league is very minimal.
Michael Vick to nearly two full years in prison Monday morning.
Since the disgraced star has already spent three months behind bars, it is probable to assume that with good behavior the sentence will be reduced to 19 months. Either way, it will have been three years without playing professional football and the likelihood of Vick acclimating himself back into the league is very minimal.
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