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During Bush"s second term, his administration came under scrutiny for its handling of the aftermath of Hurricane Katrina and the firings of numerous federal prosecutors. In 2007, the leak of a CIA agent"s name led to the conviction of I. Lewis Libby, then-Vice President %#&@$! Cheney"s chief of staff. Additional scandals included the arrest of a domestic policy aide after he was caught shoplifting, the resignation of a senior State Department official directly affiliated with the infamous D.C. Madam and an investigation tracing $12 billion worth of funds left unaccounted for in correlation to the Iraq War. Source: The Washington Post, Salon and The Daily Beast Though he denied the allegations at first, Clinton was eventually impeached in his second term after an affair with former White House intern Monica Lewinsky came to light.
history. Since then, the administration has quietly applied the power of the executive branch to make it easier for transgender people to update their passports, obtain health insurance under the Affordable Care Act, get treatment at Veteran"s Administration facilities and seek access to public school restrooms and sports programs just a few of the transgender-specific policy shifts of Obama"s presidency. "He has been the best president for transgender rights, and nobody else is in second place," Mara Keisling, executive director of the National Center for Transgender Equality, said of Obama, who is the only president to invite transgender children to participate http://www.obamastudentloanfor giveness.net in the annual Easter egg roll at the White House. Religious conservative groups quick to criticize the president for his gay rights advocacy have been much slower to respond to the administration"s actions. The leader of the Traditional Values Coalition says there is little recourse because the changes come through executive orders and federal agencies rather than Congress.
(Photo: Pablo Martinez Monsivais, AP) Tags 60 CONNECT 48 TWEET 1 LINKEDIN 19 COMMENTEMAILMORE Expect a phone call between President Obama and Russian counterpart Vladimir Putin in the days ahead. Russian news services have quoted Kremlin adviser Yuri Ushakov as saying that "a Putin-Obama call is planned, above all focused on the topic of Ukraine but, of course, touching on other current international problems, including Iraq and Syria." Obama has criticized Putin for Russian activity in neighboring Ukraine, including annexation of the Crimea region. The American president has urged the Russian leader to accept a peace plan put forth by new Ukraine President Petro Poroshenko, and to help end Russian separatist violence in southern and eastern Ukraine. The United States also wants Russian diplomatic help in quelling the violence in Iraq and Syria. Obama may be warming up for his Putin conversation by talking first with U.S. allies.
The "Inside Politics" Forecast: Obama tries to change the subject again - CNN Political Ticker - CNN.com Blogs
Aiming to circumvent that issue, the Veterans Affairs Department will start letting gay people who tell the government they are married to a veteran to be buried alongside them in a national cemetery, drawing on the VA"s authority to waive the usual marriage requirement. In a similar move, the Social Security Administration will start processing some survivor and death benefits for those in same-sex relationships who live in states that don"t recognize gay marriage. Nineteen states plus the District of Columbia currently recognize gay marriage, although court challenges to gay marriage bans are pending in many states. For Tim Sagen of Fort Collins, Colorado, the implications could be profound. A retired electrical engineer, Sagen receives higher Social Security payments than his 79-year-old partner, Ken Hoole.
Obama expands government benefits for gay couples - Yahoo News
Bush presidential win in 1992 and later served as Republican National Committee chairman. Obama is a disaster and should resign. He is a good family man, but a bad manager/leader. Fundraising is fine, but not why he was elected, but he spends way too Much time there. And gets away with it- which no Republican could!
Asia Stocks live blog: Pricing in U.S. and Chinese numbers - The Tell - MarketWatch
Benefits of dollar-cost averaging Here"s the surprise: At the end of 30 years, investor No. 1 had achieved an annualized return of 9.9 percent, while investor No. 2 earned an annualized return of 9.5 percent. The difference in returns was just 0.4 percentage point per year, on average.
Asia stocks rise on brightening U.S. economic prospects - Yahoo News
It turns out Japans gross domestic product rose by 6.7% in January-March best stock nvestment compared to a year earlier, not the originally reported 5.9%. On a quarterly basis, GDP growth was revised to 1.6% from 1.5%. A key driver in the mark-up was private non-residential investment, which increased by a full 7.6%, as opposed to the initially estimated gain of 4.9%. All the same, the robust growth was for the period before Japans second-ever hike to the national consumption tax, and the real question some economists say is how badly growth will suffer in the current quarter, as the economy reacts to the higher sales tax. Besides the GDP read from the Cabinet Office, the Finance Ministry offered markets the April results for Japans current account.
The 25 Highest-Yielding Dividend Stocks in June
View photo Employees of the Tokyo Stock Exchange (TSE) look at a monitor at the bourse at the TSE in Tokyo March By Lisa and Twaronite NEW YORK (Reuters) - Asian stocks basked in the glow of a record close on Wall Street after bright U.S. jobs data pointed to improving economic momentum, while the dollar gained on Monday on rising U.S. Treasury yields. U.S. jobs data on Friday showed that nonfarm payrolls increased by 217,000 last month, bringing employment back to its pre-recession level and validating the view that labor conditions are improving.
The risk for shareholders is that if the company has to cut its dividend, the stock will be crushed, because so many people hold shares for the payout. On the flip side,once the stock was crushed, it could be a good opportunity to pick up shares, as the company would be able to take whatever action needed with the spare cash. Given the risk of a dividend cut, I would keep the stock on my watchlist for now. Ship Finance International was covered in November . After a review, I decided it should go in the "too hard" bin, given its high leverage and dealings with interrelated companies also owned by Norwegian shipping magnate John Fredriksen.
The Case for Health-Care Stocks - WSJ
By Biography June 6, 2014 3:19 p.m. ET Health-care stocks are outperforming the broader market, at least in part because investors see the Affordable Care Act spurring more business for medical-device, pharmaceutical and other companies in the group. The health-care law is just one of the tailwinds that financial advisers and other professional investors expect to propel some health-care companies" stocks upward in coming years. Aging baby boomers and growing affluence in...
Let"s say you lose 10%. You could still have taxable gain at the end of the year. You"re inheriting the tax basis in those shares when you buy into a mutual fund. It may have fallen 10% after you bought in, but it may have been up 40% up prior to that," Wolfe says. "ETFs work more like stocks and your tax basis is whatever your tax basis is, not the ETF"s tax basis," he says. But taxes may not be the first thing to consider when choosing an investment.
Notable ETF Inflow Detected - AGG - NASDAQ.com
No doubt the exact process will be a closely guarded trade secret. SQZZ ETF: Possible sign of a top, wonders Kass Value investor Doug Kass wondered if this is a sign of a top? reports Dimitra DeFotis for Barrons , neatly summing up the optimistic bent http://www.etftradingsignals.c om that must be needed to convince people to invest the SQZZ ETF. First, the reason passive ETFs have become so popular in the first place is because they give index-like returns with very low fees. If you just want exposure to the overall market this is usually the cheapest way to get it. With managed or active ETFs the extra management fees mean that ETFs lose the big advantage they have over other types of asset management.
May ETF Fund Flows: Interest Rates Lead The Way - Yahoo Finance
Aggregate Bond ETF (Symbol: AGG) where we have detected an approximate $141.5 million dollar inflow -- that"s a 0.8% increase week over week in outstanding units (from 156,800,000 to 158,100,000). The chart below shows the one year price performance of AGG, versus its 200 day moving average: Looking at the chart above, AGG"s low point in its 52 week range is $104.88 per share, with $109.83 as the 52 week high point - that compares with a last trade of $109.06. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ""shares"" investors are actually buying and selling ""units"". These ""units"" can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
New ETF Goes Long On Heavily Shorted Stocks
But are they good for investors? By April 5, 2014 It"s the hottest club, so exclusive no one can seem to get in. Asset managers of all stripes are lining up to offer actively managed exchange-traded fundsso long as they can do it on their terms. On the surface, active ETFs are exactly what their name implies: ETFs with all the transparency and trading advantages they"re known for, but instead of hewing to an index or adhering to a rules-based approach, they"re run by managers...
Rant & Rave Blog. Bulls Are Bearish On Team USA At The World Cup, SPDR S&P 500 ETF Trust (NYSEARCA:SPY)
In the 1920"s the markets were roaring higher and seemed unstoppable (sound familiar?). Then came the crash of 1929 which sent the U.S. economy into a tailspin, and even worse, a depression. Here is another example of how Team USA"s success came at a time when the economy was reeling. In 2002, Team USA had its second best result in its history, reaching the quarterfinals (Brazil champions).
The Trouble With Actively Managed ETFs - Barron"s
Please enter your Phone Number. Send Thanks! A link has been sent. Done May ETF Fund Flows: Interest Rates Lead The Way By David Fabian June 6, 2014 3:26 PM . One of the biggest advantages of ETFs over mutual funds is their overall transparency. ETF providers continually update portfolio holdings on their websites, which is often information that"s hard to find for most traditional mutual funds. In addition, several independent ETF portals offer the ability to track daily fund flows as an important indicator of investor demand and withdrawal. According to the latest data from ETF.com, almost $13 billion flowed into ETFs during the month of May, which lifted total ETF industry-wide assets to over $1.8 trillion.
Obama was born Michelle LaVaughn Robinson in Chicago. Here, she is seen http://www.obamastudentloanfor giveness.net as a baby with her father, Fraser Robinson III; her mother, Marian; and her brother, Craig, in 1964. Obama attended Bryn Mawr Elementary School in Chicago from 1970-1977. Obama"s 1980 yearbook photo from Whitney Young High School in Chicago. The magnet school was far from her home on the south side of the city, however, and her round-trip commute was three hours. "I was a pretty serious student," Obama said in a November interview with BET"s "106 & Park." "One of the things I wanted to make sure was that I didn"t peak in high school.
Lawmakers: Obama releasing Taliban detainees with no notice first step in closing Guantanamo | Fox News
President Obama and President Putin did speak with each other on the margins of the leaders lunch. It was an informal conversation not a formal bilateral meeting, Rhodes said. Obama and Putin Draw Cheers and Laughs When They Smile on Split Screen Obama and Putin were first spotted together at a picture for the heads of state attending the luncheon, including Queen Elizabeth II, who wore a white and green dress with a green hat. In the group photo, Obama and Putin stood with three people between them. (Regis Duvignau/AP Photo) As the leaders started to return to the Chateau, Obama checked on Queen Elizabeth while Putin spoke with Hollande. At one point in their walk, Obama stood right behind Putin, so close he could have tapped him on the shoulder.
Obama and Putin Talk At D-Day Celebration - ABC News
"Congress has passed a law and [Obama] has signed a law that he will not close Guantanamo, California GOP Rep. Buck McKeon, chairman of the House Armed Services Committee, told CNN on Sunday. Whatever his desires are, that does not conform to the law and he is the chief administrator of the law of the nation and should uphold his constitutional obligation to follow the law." National Security Adviser Susan Rice recently suggested an increased focus on Obama accomplishing some of his major political goals as he nears the end of his second term -- which would likely include closing Guantanamo. "It is a very important part of my job, particularly at this stage in the president"s tenure, to not just be fighting fires and the headlines, which to some extent is unavoidable, but to make sure that the things he cares about -- his legacy interests, issues, accomplishments -- are nurtured and carried into the end zone," Rice recently told The Associated Press. "We are trying to put points on the board." Obama has argued that the prison, built on foreign soil during the Bush administration with congressional approval in the aftermath of 9-11 terror attacks, is expensive and has outlived its purpose because the U.S.
Obama looks for ways to ease student loan debt - CBS News
He said he would pay for the initiative by closing certain tax loopholes for millionaires, an idea long sought by Democrats to pay for a variety of programs but repeatedly rebuffed by Republicans. Members of Congress will have to choose whether to "protect young people from crushing debt, or protect tax breaks for millionaires," he said. Obama also plans to announce he"s directing the government to renegotiate contracts with federal student loan servicers to encourage them to make it easier for borrowers to avoid defaulting on their loans. And he will ask the Treasury and Education departments to work with major tax preparers, including H&R Block and the makers of TurboTax, to increase awareness about tuition tax credits and flexible repayment options available to borrowers. At the same time, Obama will use the Rose Garden appearance on Monday to amplify his call for lawmakers to pass more sweeping legislation that would let college graduates with heavy debts refinance their loans. The Senate is expected to debate the legislation next week, but it faces significant obstacles.