WASHINGTON — In his first trip abroad since the summer heat of the re-election campaign, President Barack Obama will seek to reinforce American influence in Southeast Asia in spite of the large shadow cast by China. He will become the first U.S. president to visit Myanmar, an appreciation for its steps toward democratization, as well […]
Obama
Posted inBusiness, sj-web
Budget talks boost stock optimism
NEW YORK — Optimism that President Barack Obama and Congressional leaders will reach a deal on the budget deficit and avoid the “fiscal cliff” helped stocks notch their first advance in four days. The market started lower Friday but spiked higher shortly before midday as the top members of the House and Senate spoke at […]
advertisement
Posted inOur View
‘Moocher’ idea unsupported by election results
As Republicans try to interpret what happened on Election Day, a dubious explanation is getting a lot of attention. It holds that Republicans lost because the country has reached an unfortunate tipping point where people who pay no income taxes and/or receive government benefits now outnumber productive taxpayers. Those people, sometimes called the “moochers” or […]
Posted inNation / World, sj-web
Obama honors sacrifice made by nation’s veterans
WASHINGTON — President Barack Obama paid tribute at a Veterans Day ceremony at Arlington National Cemetery to “the heroes over the generations who have served this country of ours with distinction.” He said the wreath he laid earlier at Tomb of the Unknowns was intended to remember every service member who has worn a uniform […]
Posted inBusiness, sj-web
Stocks have worst week since June after Obama’s re-election
NEW YORK — U.S. stocks had their biggest weekly decline since June as President Barack Obama’s re-election set up a budget showdown with the Republican-controlled House of Representatives. All 10 groups in the Standard & Poor’s 500 Index dropped during the week. Utilities and phone companies fell the most amid concern the dividend tax may […]
Posted inNation / World, sj-web
Obama tops Romney in Florida’s final tally
ST. PETERSBURG, Fla. — President Barack Obama was declared the winner of Florida’s 29 electoral votes Saturday, ending a four-day count with a razor-thin margin that narrowly avoided an automatic recount that would have brought back memories of 2000. No matter the outcome, Obama had already clinched re-election and now has 332 electoral votes to […]
Posted inNation / World, sj-web
Obama willing to compromise, but not on tax cuts for the rich
WASHINGTON (AP) — An economic calamity looming, President Barack Obama on Friday signaled willingness to compromise with Republicans, declaring he was not “wedded to every detail” of his tax-and-spending approach to prevent deep and widespread pain in the new year. But he insisted his re-election gave him a mandate to raise taxes on wealthier Americans. […]
Posted inMark LaFlamme
Street Talk: I love rock ‘n’ roll and presidential elections
Good morning. Today is Wednesday, the day after Election Day, and I’d like to join you in your bitterness/relief/self-righteous indignation. I can’t believe that liberal do-gooder/right wing idiot managed to pull off a win after such glaring inability to revitalize the economy/bonehead remarks about women and the middle class. Obviously Ohio/Florida/Butte, Mont., was the key […]
Posted inAdvertiser Democrat, Oxford Hills, River Valley
Mountain Valley, Buckfield students re-elect Obama in faux vote
Students at Mountain Valley High School and Buckfield Junior-Senior High School jumped into the election fray and held mock votes Tuesday, re-electing President Barack Obama to a second term by a wide margin. At Mountain Valley, the incumbent president took 68.5 percent of the votes cast by 250 secondary students. At Buckfield, middle and high […]