Obama Loses Favor With Wall Street

President Barack Obama has lost favor with many big-name Wall Street campaign contributors that were major money-makers in his 2008 Presidential bid. Wall Street campaign contributors appear to favor Republican Mitt Romney. The former Massachusetts Governor and businessman held a sold-out breakfast fundraiser with the biggest names on Wall Street.

Massachusetts Airport Sues For Obama Visit

A Marlborough, Mass., airport filed suit against the Federal government on Tuesday alleging that a 2010 visit by President Barack Obama caused $676,048 in damages to the tarmac. The airport’s complaint alleges that the while the President’s helicopter, Marine One, did not cause any damage, the Secret Service negligently damaged the runway with vehicles brought in for Presidential security.

Supreme Court May Get Involved In Healthcare Debate

The Supreme Court may formally address in its upcoming term a multi-State challenge to the Democrat-backed Patient Protection and Affordable Care Act. Two Federal courts of appeals have ruled on the Constitutionality of the mandate requiring all individuals to purchase health insurance; one has upheld the mandate, and another has struck it down.

Lobbying Group Angered By Proposed Rules

Proposed rules from the Administration of President Barack Obama that would no longer allow Federal employees to accept gifts of any value from companies that employ lobbyists have drawn criticism from the American League of Lobbyists. The proposals will also prohibit government officials from receiving free admission to “widely attended” conferences where they brush shoulders with lobbyists from all matter of corporate and special interest groups.

Ron Paul Talks To Jon Stewart

On a Monday episode of The Daily Show, comedian Jon Stewart offered 2012 GOP candidate Ron Paul some advice about how get the mainstream media to stop leaving him out of news reports despite overwhelming support. Stewart suggested jokingly that Paul might try repudiating some of his past political positions to give other candidates something to engage him about at future debates.

FEMA Granted $2.65 billion, Government Shutdown Averted

Majority Leader Harry Reid (D-Nev.) said that the latest Senate deal to avert a complete Federal shutdown will be a “win for everyone.” After about a week of bickering between the Republican and Democrats in the House and Senate over budget cuts to green programs to fund disaster relief, a deal struck offers a compromise.

Obama Sidesteps Congress In Education Decision

President Barack Obama announced Friday that States could apply for waivers on the provision of No Child Left Behind (NCLB) that requires school proficiency in math and reading by 2014. According to Obama’s plan, for the States to receive a waiver, they must adopt education policy changes the Administration deems necessary.