May 23, 2012 7:46pm President Obama Denounces Republican ‘Wild Debts’: I’m Not an Over-Spender COLORADO SPRINGS, Colo. — At a fundraiser for his re-election campaign in Denver tonight, President Obama set out to upend conventional Republican wisdom that his administration has been defined by excessive government spending. “I’m running to pay down our debt in a way that’s balanced and responsible. After inheriting a $1 trillion deficit, I signed $2 trillion of spending cuts into law,” he told a crowd of donors at the Hyatt Regency. “My opponent won’t admit it, but it’s starting to appear in places, like real liberal outlets, like the Wall Street Journal: Since I’ve been president, federal spending has risen at the lowest pace in nearly 60 years. Think about ... Continue reading →

COLORADO SPRINGS, Colo. — Eight months after a repeal of the military’s “don’t ask , don’t tell” policy, the U.S. Air Force Academy today graduated its first group of openly gay cadets. As President Obama addressed the graduates, no rainbow flags could be seen on display. The LGBT students couldn’t be picked out of the crowd of white and blue. But gay and lesbian advocates, academy alums, school officials and current students said they were there. “The whole thing is we don’t want to be identified as anything different,” said Trish Heller, who heads the Blue Alliance, an association of LGBT Air Force Academy alumni. “We want to serve, to be professional and to be symbols of what it means to be Air Force Academy ... Continue reading →

Join the Conversation Share photos and videos on Twitter. Continue reading →

Join the Conversation Share photos and videos on Twitter. Continue reading →

Are “job destroyers” sitting on President Obama’s jobs council? There could be, if you believe the argument from Democrats and the Obama campaign that private equity executives are profit seekers who often run roughshod over workers, companies and communities. Two Obama-appointed members of the White House Council on Jobs and Competitiveness, an advisory committee, are leading figures in the private equity industry.Buyout Richard Parsons, chairman of Citigroup, is a senior advisor at Providence Equity Partners, “a leading private equity investment firm, specializing in media, communications and information companies,” according to his bio on the White House website. He joined the firm in 2009 shortly after it completed what news reports describe as the “biggest leveraged buyout in history,” the $51 billion acquisition of Bell Canada. ... Continue reading →

Join the Conversation Share photos and videos on Twitter. Continue reading →

Vice President Joe Biden today said Mitt Romney’s economic policies bring to mind Kentucky Derby and Preakness champ I’ll Have Another, “except the horse is a real winner.” On the stump in Keene, N.H., this afternoon, Biden said the economic values Romney would bring to the White House were displayed during his tenure at private equity firm Bain Capital and manifest on the campaign trail, particularly in his calls to roll back Democrats’ health care overhaul, Wall Street reforms and other consumer protections. “The governor’s philosophy seems to be whatever the last administration does, let’s do it and do more. Literally, think about anything new he has suggested that deviates from the policies that got us into this hole except more of the same,” Biden ... Continue reading →