Oct 3, 2012, 10:14 am EDT
Add another mistake to the list of gaffes that Vice President Joe Biden has made.
During a campaign speech yesterday in North Carolina, Biden had the following to say about the middle class and claims that Mitt Romney would raise taxes on them: “How they can justify … raising taxes on the middle class that has been buried the last four years?”
Of course, Barack Obama has been the president for the past four years, and sharp Republicans quickly jumped on the statement. Mitt Romney tweeted “Agree with @JoeBiden, the middle class has been buried the last 4 years, which is why we need a change in November #CantAfford4More.” Romney’s running mate, Paul Ryan, also mentioned the comments at a campaign stop in Iowa. Read
Oct 2, 2012, 12:26 pm EDT
America has roughly a month and change before the presidential election, and one thing’s for certain: Whoever is elected will save America.
Or ruin it.
Pretty much depends on whose side you’re on. Read
Oct 2, 2012, 11:39 am EDT
Tomorrow marks the first of three presidential debates (as well as one vice-presidential debate) for the 2012 election season. And while it remains to be seen whether or not anything of substance is said during those debates, two people very near and dear to the president and his Republican challenger have already faced off — in a baking contest.
Since 1992, Family Circle magazine has held a cookie baking contest between the two wives of the major parties’ candidates for president. This year’s contest pitted First Lady Michelle Obama against Mitt Romney’s wife Ann.
This year, the contest, between Obama’s White and Dark Chocolate Chip Cookies and Romney’s M&M’s Cookies, was the closest ever. In the end, though, Obama edged out Romney by a 51.5%-48.5% margin. Just 287 votes separated the two. Over 9,000 magazine readers voted in the contest. Read
Oct 1, 2012, 11:34 am EDT
As more and more polls tip further and further in Barack Obama’s favor, many on Wall Street are already starting to advise their clients about how to prepare for an Obama victory.
The biggest thing worrying investment firms and hedge funds isn’t the fact that Obama might raise taxes on the highest earners in the aftermath of his re-election. They’re more worried about the fiscal cliff.
If nothing is done by Congress, on January 1, $600 billion in painful across-the-board spending cuts and the expiration of Bush-era tax breaks could do some serious damage to an already ailing economy. Read