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Posts Tagged ‘Mitt Romney’

A Global Coal Boom: What 1,200 New Power Plants Means for the Climate

Posted by Ram Kumar Shrestha on November 23, 2012

NELSON CHING / BLOOMBERG / GETTY IMAGES

NELSON CHING / BLOOMBERG / GETTY IMAGES

There’s a war on coal in America — or at least that’s what players in the coal industry say. They’re not entirely wrong. Coal prices in the U.S. are falling and coal plants are being retired. Most of that change is being driven by what analysts refer to as “market conditions” — otherwise known as shale gas and fracking, which has driven prices for natural gas down, down, down. That’s encouraged utilities to phase out coal in favor of cleaner natural gas — a transition that has been accelerated by federal environmental regulations that will increasingly limit the sort of air pollution associated with old coal plants.

It’s no surprise, then, that the coal industry pushed hard for Mitt Romney in the 2012 presidential election — or that coal bosses like Robert Murray, of Ohio-based Murray Energy, fired dozens of employees after the election as the industry went into survival mode. Though perhaps Mr. Murray could have saved some of the $100,000 the company donated to the conservative super PAC American Crossroads for payroll costs.

But if the future of coal is looking dim in the U.S. with cheap natural gas and a Democrat in the White House, it’s as bright as a steel furnace in much of the rest of the world. In 2010 the global coal trade rose by 13.4%, reaching 1.08 billion metric tons. In a new report, the World Resources Institute (WRI) estimates that nearly 1,200 new coal plants are at least in the planning stages worldwide. Though the projects are spread across the globe, more than three-quarters of the new plants are set to be built in India and China. If every one of those plants were to be built and activated, it would add 1.4 million MW of coal-fired electricity capacity to the global grid. Since coal is already the single biggest contributor to man-made global warming, an unchecked global coal-building spree really would be game over for the climate — no matter what happens in the U.S. Read the rest of this entry »

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Obama Reelection: Some Interesting Clips and Photos

Posted by Ram Kumar Shrestha on November 7, 2012

Obama cries:

 

 

 

 

 

 

 

 

 

Read the rest of this entry »

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Obama Elected 2012: President Clinches Electoral Vote Win

Posted by Ram Kumar Shrestha on November 7, 2012

President Barack Obama was projected the winner of the presidential race over Mitt Romney on Tuesday night.

The president scored critical wins in Ohio, Pennsylvania and Wisconsin. While Obama was favored in the swing states going into Election Day, the popular vote between the pair of contenders had remained close for much of the race.

We’ll be following all of the action on Obama’s victory, as well as the latest news to unfold as it relates to congressional and gubernatorial contests.

Click here to launch our interactive results maps. Below, a live blog of the latest developments to unfold. Read the rest of this entry »

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US election: How can it cost $6bn?

Posted by Ram Kumar Shrestha on November 7, 2012

By Cordelia Hebblethwaite

 The estimated price tag for the US elections in November is almost $6bn (£3.8bn). Why so much?

“The sky is the limit here,” says Michael Toner, former chair of the US Federal Election Commission.

“I don’t think you can spend too much.”

In a time of general belt-tightening, it may sound like a surprising argument, but Toner believes there should be more – not less – spending on US elections.

Anything that engages voters, and makes them more likely to turn out is, he says, a good thing.

“It’s very healthy in terms of American politics… it’s a symptom of a very vigorous election season, there’s a lot at stake here.”

On 6 November, Mitt Romney, the presumptive Republican nominee, is set to challenge Barack Obama for the presidency, and polls suggest the margin between them could be wafer thin.

New figures just released by the Center for Responsive Politics, an independent research group which tracks money in politics, estimate the total cost of November’s elections (for the presidency, House of Representatives and Senate) will come in at $5.8bn (£3.7bn) – more than the entire annual GDP of Malawi, and up 7% on 2008.

Continue reading the main story

Squaring up the figures

Mitt Romney (l) and Barack Obama (r)

Projected spending estimates for 2012 US elections:

  • Total cost – $5.8bn (£3.7bn)
  • Presidential election – $2.5bn (£1.6bn)
  • Super Pacs and other outside groups – at least$750m (£480m) Read the rest of this entry »

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USA Presidential Election Results 2012

Posted by Ram Kumar Shrestha on November 7, 2012

As the election results for 2012 roll in, this is your spot for live updates on the outcome of the presidential race, congressional contests and news from across the country as it happens.

Click here to check out our interactive election maps and to drill down on the data as the votes are counted.

Obama Romney
Obama Romney
ELECTORAL VOTES
(270 TO WIN)

303

206

Battleground States
Popular Vote
OBAMA ROMNEY
TOTAL 56,925,922 55,247,163
PERCENT 50.0% 48.5%

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Which one?: America could do better than Barack Obama; sadly, Mitt Romney does not fit the bill

Posted by Ram Kumar Shrestha on November 6, 2012

FOUR years ago, The Economist endorsed Barack Obama for the White House with enthusiasm. So did millions of voters. Next week Americans will trudge to the polls far less hopefully. So (in spirit at least) will this London-based newspaper. Having endured a miserably negative campaign, the world’s most powerful country now has a much more difficult decision to make than it faced four years ago.

That is in large part because of the woeful nature of Mr Obama’s campaign. A man who once personified hope and centrism set a new low by unleashing attacks on Mitt Romney even before the first Republican primary. Yet elections are about choosing somebody to run a country. And this choice turns on two questions: how good a president has Mr Obama been, especially on the main issues of the economy and foreign policy? And can America really trust the ever-changing Mitt Romney to do a better job? On that basis, the Democrat narrowly deserves to be re-elected.

The changeling

Mr Obama’s first term has been patchy. On the economy, the most powerful argument in his favour is simply that he stopped it all being a lot worse. America was in a downward economic spiral when he took over, with its banks and carmakers in deep trouble and unemployment rising at the rate of 800,000 a month. His responses—an aggressive stimulus, bailing out General Motors and Chrysler, putting the banks through a sensible stress test and forcing them to raise capital (so that they are now in much better shape than their European peers)—helped avert a Depression. That is a hard message to sell on the doorstep when growth is sluggish and jobs scarce; but it will win Mr Obama some plaudits from history, and it does from us too. Read the rest of this entry »

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Colorado 4-Year-Old Is Tired Of ‘Bronco Bama’ And Mitt Romney (VIDEO)

Posted by Ram Kumar Shrestha on November 1, 2012

With less than one week to go before Election Day, it’s safe to say that many Americans feel a bit of election fatigue. At the Al Smith dinner earlier this month, even President Barack Obama joked that “sometimes it feels like this race has gone on forever.”

But out of the mouths of babes we often get the truth and, like so many of us, this Fort Collins 4-year-old is ready for this election season to end.

“I’m tired of Bronco Bama and Mitt Romney,” A teary-eyed Abigael tells her mother in the video.

Evans told 9News that she and her daughter were listening to NPR when Abigael starting tearing up. Read the rest of this entry »

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Immigration Debate: The Problem With the Word “Illegal”

Posted by Ram Kumar Shrestha on September 24, 2012

It’s inflammatory, imprecise, and most of all, inaccurate. So why does everyone — from Chuck Schumer to Mitt Romney — use it?
image: Young people wait in line to enter the office of The Coalition for Humane Immigrant Rights of Los Angeleson the first day of the Deferred Action for Childhood Arrivals program, Aug. 15, 2012.

What part of ‘illegal’ don’t you understand?”

Add that to the list of questions I am repeatedly asked since publicly disclosing my undocumented immigrant status in the summer of 2011. Calling undocumented people “illegal immigrants” — or worse, “illegal aliens,” asMitt Romney did in front of a largely Latino audience last week — has become such standard practice for politicians and the media, from Bill O’Reilly to the New York Times, that people of all political persuasions do not think twice about doing it, too.

(MOREFor Romney, Fundraising Comes First)

But describing an immigrant as “illegal” is legally inaccurate. Being in the country without proper documents is a civil offense, not a criminal one. (Underscoring this reality, Justice Anthony Kennedy wrote for the majority opinion on SB 1070, Arizona’s controversial immigration law: “As a general rule, it is not a crime for a movable alien to remain in the United States.”) In a country that believes in due process of the law, calling an immigrant “illegal” is akin to calling a defendant awaiting trial a “criminal.”  The term “illegal” is also imprecise. For many undocumented people — there are 11 million in the U.S. and most have immediate family members who are American citizens, either by birth or naturalization — their immigration status is fluid and, depending on individual circumstances, can be adjusted. Read the rest of this entry »

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Mitt Romney: Iran Strike ‘On The Table’ If I Were President

Posted by Ram Kumar Shrestha on July 30, 2012

JERUSALEM — Standing on Israeli soil, U.S. presidential candidate Mitt Romney on Sunday declared Jerusalem to be the capital of the Jewish state and said the United States has “a solemn duty and a moral imperative” to block Iran from achieving nuclear weapons capability.

“Make no mistake, the ayatollahs in Iran are testing our moral defenses. They want to know who will object and who will look the other way,” he said. “We will not look away nor will our country ever look away from our passion and commitment to Israel.”

The presidential election hovered over the speech. The Old City formed a made-for-television backdrop behind Romney, while some of his campaign donors listened in the audience.

Romney’s declaration that Jerusalem is Israel’s capital was matter-of-fact and in keeping with claims made by Israeli governments for decades, even though the United States, like other nations, maintains its embassy in Tel Aviv. Read the rest of this entry »

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Mitt Romney Walks Back London Olympics Criticism (UPDATE)

Posted by Ram Kumar Shrestha on July 27, 2012

By

Mitt Romney, in his first trip abroad as the presumptive GOP presidential nominee, is trying to walk back comments he made questioning London’s Olympics preparation — comments that have drawn a sharp response from Prime Minister David Cameron.

The dustup began Wednesday, as Romney, who ran the 2002 Salt Lake City games, said there were “disconcerting” signs in the days before this year’s games.

Read the rest of this entry »

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Ann Romney: We’ve Given ‘All You People Need To Know’ About Family Finances

Posted by Ram Kumar Shrestha on July 20, 2012

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Ann Romney

WASHINGTON — Mitt Romney’s wife is reinforcing her husband’s refusal to make public several years of tax returns, telling ABC News “we’ve given all you people need to know” about the family’s finances.

“You know, you should really look at where Mitt has led his life, and where he’s been financially,” she said in her interview with Robin Roberts. “He’s a very generous person. We give 10 percent of our income to our church every year. Do you think that is the kind of person that is trying to hide things, or do things? No. He is so good about it. Then, when he was governor of Massachusetts, didn’t take a salary in the four years.”

Roberts pressed: “Why not show that, then?” and reasoned that people could “move on” if her husband released his returns.

Romney responded, “Because there are so many things that will be open again for more attack… and that’s really,  that’s just the answer. And we’ve given all you people need to know and understand about our financial situation and about how we live our life. And so, the election, again, will not be decided on that. It will be decided on who is gonna turn the economy around and how are jobs gonna come back to America.”

She also said she thinks the Obama campaign’s attacks on her husband have been “beneath the dignity of the presidency.” And she said people will decide whom to vote for based on whether their lives would be better under Mitt Romney than President Barack Obama. Read the rest of this entry »

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Obama Discusses His ‘Biggest Mistake In Office (VIDEO)

Posted by Ram Kumar Shrestha on July 14, 2012

By 

Obama Biggest Mistake

In an excerpt of an exclusive interview that will air Sunday night on CBS, President Obama spoke at length about what he sees as the most important misstep he has made in office.

“What do you think the lesson has been that might guarantee success in the second term, if that happened?” interviewer Charlie Rose asked Obama. He responded:

“The mistake of my first term —a couple of years — was thinking that this job was just about getting the policy right. And that’s important, but the nature of this office is also to tell a story to the American people that gives them a sense of unity and purpose and optimism, especially during tough times. It’s funny, when I ran, people said, ‘Well, he can give a great speech, but can he actually manage the job?’ And then in my first two years, I think the notion was, “Well, you know, he’s been juggling and managing a lot of stuff, but where’s the story that tells us where he’s going?’ And I think that was a legitimate criticism.”

After the soaring rhetoric that marked his historic 2008 campaign, Obama has often been criticized, mostly by his liberal base, for a failure to communicate effectivelywith the American public. The way the Romney campaign sees it, though, that’s hardly the president’s biggest problem. It released a statement in response to Obama’s remarks: Read the rest of this entry »

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George W. Bush Blamed For Economic Troubles More Than Barack Obama, Poll Finds

Posted by Ram Kumar Shrestha on June 15, 2012

Comment: We can blame anybody, however; we can bring change only when we start to blame ourselves

The Huffington Post  |  By  Share on Google+

Obama Bush Economy

Although the struggling economy under President Barack Obama’s leadership will likely define the outcome of this year’s general election, more Americans continue to hold former President George W. Bush accountable for the nation’s economic problems, according to a new poll.

The poll, released by Gallup Thursday, showed that 68 percent of Americans place either a great deal or moderate amount of economic blame on Bush, whereas 52 percent blame Obama. Republicans more universally ascribe the bad economy to the incumbent president, with 83 percent holding Obama responsible and 49 percent attributing the same level of blame to Bush. An overwhelming 90 percent of Democrats still blame Bush for the nation’s economic problems, as opposed to only 19 percent who place blame on Obama, showing that Republicans are far more willing to hold Bush responsible than Democrats are willing to blame Obama.

The results of the survey come as Obama takes the stage in Ohio for a major economic speech, following a dismal May jobs report and repeated attacks from his Republican opponents for remarking that the private sector is “doing fine”. Presumptive Republican presidential nominee Mitt Romney has made the country’s ongoing economic woes under Obama’s stewardship the focal point of his campaign, while the Obama campaign has worked to attribute the slow recovery to the problems created by Obama’s predecessor and Congress’ unwillingness to act on any of the president’s proposals. Read the rest of this entry »

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Obama Knows the Magic Word to End Our Troubles

Posted by Ram Kumar Shrestha on May 22, 2012

By Deepak Chopra, Author, ‘Spiritual Solutions’; founder, The Chopra Foundation

OBAMA 284 ELECTORAL VOTES

Barack Obama

ROMNEY 170 ELECTORAL VOTES

Mitt Romney

237 Strong Obama 47 Leans Obama 84 Tossup
0 Leans Romney 170 Strong Romney

This week for the first time in the presidential race, a poll gave Mitt Romney the edge over President Obama (only a tiny one, within the margin of error). One foresees that a simple message may prevail over a complex one. The simple message, which Romney endlessly repeats, is this: The president is a nice guy, but he’s in over his head, and his wild spending has bankrupted the country. The complex message, which comes from Obama in mixed, varied, and confusing in ways, is this: We must revamp America in order to meet the future.

Because Romney has blame, impatience, and angry frustration on his side, he may succeed in his uphill climb. Already most of what the pundits told us — that Romney had been damaged in the combative primary race, that the conservative base is opposed to him, that the religious right is suspicious of him — has proved invalid. Republicans are rallying en masse behind the simple message, while seething underneath is an irrational hostility to Obama that no sensible person can quite fathom.

Yet it’s the president who knows the magic word that will end all our woes: Evolve. He picked “Forward” as a simpler synonym, but the net effect is the same. The old America that was such a familiar comfort zone isn’t coming back, no matter how warmly the Republicans try to conjure it. Our future will not be the repetition of our past, because certain hard facts are set in place: Read the rest of this entry »

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Obama: JPMorgan Disaster Shows ‘Why Wall Street Reform Is So Important’

Posted by Ram Kumar Shrestha on May 15, 2012


Comment: We need reform to bring new system to accommodate to all and not just to replace person:

President Barack Obama discussed JPMorgan Chase’s $2 billion loss on Monday, saying the bank’s massive failure proves why Wall Street reform is necessary.

“JPMorgan is one of the best-managed banks there is,” Obama said during an interview on ABC’s “The View”, which will air on Tuesday. “Jamie Dimon, the head of it, is one of the smartest bankers we got, and they still lost $2 billion and counting.”

Dimon, who appeared on NBC’s “Meet The Press” Sunday, told host David Gregory he had been “dead wrong” to dismiss concerns about the banks questionable trades. Read the rest of this entry »

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