The U.S. Recovery Has Been Spectacular*

We need a real recovery. That's what Mitt Romney said during the campaign, and he was right.

Five years since the start of the Great Recession, unemployment is still far too high. It's not for a lack of optimism among policymakers.

As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it's not. Catchup growth is the new Godot.

FULL STORY

*Compared to almost every other rich country and almost every other financial crisis.

A decade of slow growth?

By Fareed Zakaria From: Cnn.com: Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort. Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are... FULL STORY

Only 15 States Opt to Run Obamacare Exchanges

Only 15 states have told the federal government they plan to operate health insurance exchanges under President Barack Obama's reform law, leaving Washington with the daunting task of creating online marketplaces for two-thirds of the country. FULL STORY

Bloomberg: The Fiscal Cliff Will Drive the U.S. Into Recession

House Speaker John Boehner says he was "flabbergasted" when Treasury Secretary Tim Geithner pitched the White House plan to save the nation from the "fiscal cliff." FULL STORY

6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term "fiscal cliff," it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, if not changed before Jan. 1, 2013, FULL STORY

Obama pays homage to military members on Veterans Day

Obama honored service members on Veterans Day by thanking the troops and their families for the sacrifices they have made for their country and encouraged others to support those in Afghanistan as they continue to return home. FULL STORY

Barack Obama wins election for second term as president

President Barack Obama handily defeated Gov. Mitt Romney and won himself a second term Tuesday after a bitter and historically expensive race that was primarily fought in just a handful of battleground states. Networks project that Obama beat Romney after nabbing the crucial state of Ohio. FULL STORY

Greatest hits of the 2012 presidential campaign

It's been a long road to Election Day. We review our most significant fact-checks along the way. FULL STORY

CNN Fact Check: Obama went on an apology tour, Romney and others say

The roller-coaster ride of the 2012 campaign has been particularly volatile because of the more than two dozen debates dating back to last year, including three presidential showdowns. FULL STORY

Publisher and Author Andrew Breitbart Dead at 43

Andrew Breitbart, the conservative Internet publisher and blogger, died early this morning at age 43. A statement posted on his website said that Breitbart died "unexpectedly from natural causes" this morning...

Source: http://abcnews.go.com

GRAPHIC: WHITE HOUSE TO RELEASE BIN LADEN DEATH PHOTO

The images, being described as 'graphic', are bound to stir emotions in the east and the west, and will likely become the most viewed photographs in modern history...

Source: www.drudgereport.com

Killer Charles Manson: “Obama Slave of Wall Street..”

President Barack Obama is "a slave of Wall Street," the diminutive cult leader said by telephone..

Source: http://latimesblogs.latimes.com

Book to Reveal Obama's TRUE IDENTITY?

This year's high stakes publishing project quietly went to press this week, the DRUDGE REPORT has learned..

Source: www.drudgereport.com

TSA Agent friskes 6 year old girl: 'Such pretty hair, you have'

The family of the 6-year-old girl who received a pat down at airport security in New Orleans said today there needs to be a different screening process for children...

Source: http://abcnews.go.com

Donald Trump: "I'm Obama's worst nightmare.."

"I don’t hear them talking about Mr. Pawlenty or anybody else. They’re talking only about Trump. And I can tell you, I’m their worst nightmare..."

Source: www.realclearpolitics.com

Economy to get worse before it improves: Obama

Obama also said in an interview broadcast on Sunday that the survival of the domestic car-making capacity is important, yet any bailout must be "conditioned on an auto industry emerging at the end of the process that actually works."..

Read more Economy to get worse


Source: the times of india

U.S.' Hill to meet N.Koreans this week

U.S. Assistant Secretary of State Chris Hill will meet North Korean officials in Singapore ahead of Dec. 8 multilateral talks in Beijing on persuading North Korea to abandon its nuclear programs, a U.S. official said on Monday...

Read more Hill to meet N.Koreans


Source: the star online

President-elect starts taking on burdens of the job

His press conference on Monday, to be followed by one on Tuesday and another one on Wednesday, will triple the amount of time he has spent before the cameras since winning the election three weeks ago. His advisers determined that it was time for Obama to come forward and signal that he is taking ownership of the economic crisis...

Read more President-elect starts taking on burdens of the job


Source: the international herald

Obama To Use Executive Orders Immediately

President-elect Obama plans to use his executive powers to make an immediate impact when he takes office, perhaps reversing Bush administration policies on stem cell research and domestic drilling for oil and natural gas...

Read more Obama to use executive orders for immediate impact


Source: mnb news

Barack Obama New U.S President

Barack Obama, the son of a father from Kenya and a white mother from Kansas, was elected the nation's 44th president Tuesday, breaking the ultimate racial barrier to become the first African American to claim the country's highest office...

Read more Obama Wins Presidential Race


Source: la times / mark z. barabak