Enlarge image U.S. Single Women Voters Nicholas Kamm/AFP/Getty Images A woman fills out her ballot at a voting station in Washington on Nov. 4, 2008. A woman fills out her ballot at a voting station in Washington on Nov. 4, 2008. Photographer: Nicholas Kamm/AFP/Getty Images Unmarried women were among Barack Obama’s most loyal supporters in 2008, turning out in droves and delivering 70 percent of their votes to him. When many of them stayed home in the 2010 midterm election, Democrats lost the House and had their Senate majority trimmed. Now, determined to get single women back, Senate leaders are reshaping their legislative agenda, advancing a bill to bolster workers’ ability to win pay discrimination lawsuits. A similar measure was blocked by Republicans two years ... Continue reading →
Obama Rallies Base in Iowa With Attack on Romney Record By Roger Runningen - 2012-05-25T03:00:00Z Enlarge image U.S. President Barack Obama Kevin Lamarque/Pool via Bloomberg Barack Obama, U.S. president. Barack Obama, U.S. president. Photographer: Kevin Lamarque/Pool via Bloomberg May 25 (Bloomberg) -- Kevin Logan, chief U.S. economist at HSBC Securities USA Inc., talks about the outlook for the U.S. economy. Logan speaks in Hong Kong with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg) President Barack Obama accused Mitt Romney of trying to return to policies that crippled the U.S. economy as he renewed an appeal from his 2008 campaign for the nation to “come together around a common purpose.” Addressing a cheering rally at the Iowa State Fairgrounds in Des Moines last night, ... Continue reading →
Enlarge image Mitt Romney Public School Mitt Romney with students in a music class at Universal Bluford Charter School on May 24, 2012 in Philadelphia. Mitt Romney with students in a music class at Universal Bluford Charter School on May 24, 2012 in Philadelphia. Photographer: Mario Tama/Getty Images Mitt Romney is adapting a hallmark of former President George W. Bush’s general election strategy, focusing on education as a civil rights issue to broaden his appeal for a wider audience. A day after releasing new education initiatives, the presumptive Republican presidential nominee took his campaign bus into the heart of urban Philadelphia to tour a charter school in the city’s economically impoverished western side. Seated at a table at Universal Bluford Charter School, which has a ... Continue reading →
John Ramsey became old enough to buy a Carlsberg nine months ago. The 21-year-old college student from east Texas isn’t old enough to serve in Congress. His intellectual role model, U.S. Texas Representative Ron Paul, has been in Congress 22 years -- longer than Ramsey has been alive. Yet, Ramsey is leaving a mark on U.S. politics that may outlast his political mentor and presidential candidate, Paul. The college senior spent $1.3 million of his own money to create a super-political action committee, Liberty for All Super PAC, that backs candidates who endorse what Ramsey calls “freedom philosophy.” The dogma includes policies championed by Paul, such as supporting free-market economics, protecting civil liberties, slashing government spending and opposing most U.S. military action. Ramsey’s super-PAC passed ... Continue reading →
When her husband is diagnosed with a rare form of kidney cancer at age 60, Amanda Bennett takes up the battle for his life: surgeries, specialists, experimental drugs—and a rapidly mounting pile of medical bills. Book The Cost of Hope Amanda Bennett The Cost of Hope Amanda Bennett $26, Random House In "The Cost of Hope," Ms. Bennett, an executive editor at Bloomberg News, who became the family's primary breadwinner and insurance provider, weaves a memoir of a volatile but loving marriage with the tale of a daunting journey through the cancer-treatment system. But this isn't "the tragic story of a family denied care for lack of resources, or of the struggles of more than 46 million uninsured Americans." Rather, it is about the choices ... Continue reading →
President Barack Obama’s campaign has set a target on Mitt Romney’s tenure at the helm of Bain Capital LLC. What’s missing are high profile surrogates from the Democratic Party and the business community who will hit that theme in interviews and appearances on political talk shows. In fact, some Obama backers are undermining a core argument the president is making against the presumed Republican Party nominee as they try to avoid criticizing the investment community. Newark, New Jersey Mayor Cory Booker yesterday called the private-equity debate “nauseating to the American public” and likened it to potential Republican attacks tying Obama to his former pastor, Reverend Jeremiah Wright Jr., who once urged blacks to sing “God damn American” instead of “God Bless America.” “Enough is enough. ... Continue reading →
Enlarge image U.S. President Barack Obama Ron Sachs/Pool via Bloomberg U.S. President Barack Obama. U.S. President Barack Obama. Photographer: Ron Sachs/Pool via Bloomberg May 21 (Bloomberg) -- Jonathan Slone, chief executive officer of CLSA Asia-Pacific Markets, talks about the outlook for financial markets and the sovereign debt crisis in Greece. Slone also discusses Facebook Inc.'s initial public offering and JPMorgan Chase & Co.'s trading loss with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg) May 21 (Bloomberg) -- Stephen Davies, chief executive officer of Singapore-based Javelin Wealth Management Ltd., talks about the outlook for the crisis in the euro zone, its impact on global markets and his investment strategy. Davies speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg) With ... Continue reading →
Four years ago, Barack Obama became the first Democratic presidential nominee in at least two decades to outspend the Republican challenger. The incumbent president shouldn’t expect the same advantage this time. Super-political action committees backing the presumptive Republican nominee Mitt Romney are raising money at a faster clip than Democrats, threatening to erase an Obama financial advantage that allowed him to expand the battleground map in 2008 to include such states as Indiana and North Carolina. The incumbent’s 12-to-1 financial advantage at the end of April over Romney, a former Massachusetts governor, shrunk to less than 2-to-1 when the bank accounts of the national party committees and friendly super-PACs were added. “Those people who can and are willing to write seven- and eight-figure checks are ... Continue reading →