Barack Obama Will Never Be President

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Saturday, July 11, 2009

Barack Obama

Barack Obama

Barack Obama

Obama was born in Honolulu, Hawaii to Barack Obama, Sr. (born in Nyanza Province, Kenya) and Ann Dunham (born in Wichita, Kansas). Barack Hussein Obama (born August 4, 1961) is the junior United States Senator from Illinois and a member of the Democratic Party.

Obama grew up in culturally diverse surroundings. He spent most of his childhood in the majority-minority U.S. state of Hawaii and lived for four years in Indonesia. Obama delivered the keynote address at the 2004 Democratic National Convention while still an Illinois state legislator. Since announcing his candidacy in February 2007, Obama has emphasized ending the Iraq War and implementing universal health care as campaign themes.

As a member of the Democratic minority in the 109th Congress, Obama co-sponsored the enactment of conventional weapons control and transparency legislation, and made official trips to Eastern Europe, the Middle East, and Africa. Obama's parents separated when he was two years old and later divorced. His father went to Harvard University to pursue Ph.D. studies, then returned to Kenya, where he died in an auto accident when the younger Obama was twenty-one years old.

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Wall Street Wants Help, Democrats Want Taxes
By David Sessions
Posted Saturday, July 11, 2009, at 6:00 AM ET

The Wall Street Journal leads with the preparations for bankruptcy filing at CIT Group after the company failed to obtain a government guarantee to help it borrow. CIT is desperately pressing its case to the government in the shadow of a $1 billion payment due in mid-August. The Los Angeles Times leads with General Motors' emergence on the other side of bankruptcy as a smaller company making promises to innovate and place a "steely" focus on its customers. The Washington Post leads with AIG's request for the government to bless the millions of dollars in bonuses it promised to pay its top executives by 2010. The insurance giant doesn't need federal approval, but is reluctant to deliver the long-promised bonuses without "political cover" from the Obama administration. The New York Times leads with a government review released yesterday that declares the Bush administration's warrantless wiretapping program inferior to other intelligence-gathering methods in effectiveness and timeliness.

After failing to get a borrowing guarantee from the government, CIT Group, a major lender to almost a million small and midsize businesses, hired a law firm to begin bankruptcy preparations. As of March 31 the company had $68 billion in liabilities, meaning a bankruptcy would catastrophically affect thousands of borrowers. CIT is actively involved in a discussion with the FDIC, which oversees the government's debt guarantee program, and has not yet reached a decision on the lending giant's application. The agreement would allow CIT, which currently has a "junk" credit rating, to sell low-interest bonds.

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David Sessions is a former Slate intern. He is currently the editor of Patrol.

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Posted by Zephaniah Holwell at 3:13 AM  

Also during the first month of the 110th Congress, Obama introduced the "Iraq War De-Escalation Act," a bill that caps troop levels in Iraq at January 10, 2007 levels, begins phased redeployment on May 1, 2007, and removes all combat brigades from Iraq by March 31, 2008.

Obama has divested US$180,000 in personal holdings of Sudan-related stock, and he has urged divestment from companies doing business in Iran.

In the November 2004 general election, Obama received 70% of the vote to Keyes's 27%. They were married in 1992 and have two daughters, Malia, born in 1999, and Natasha ("Sasha"), born in 2001. In a public gesture aimed to encourage more Kenyans to undergo voluntary HIV testing, Obama and his wife took HIV tests at a Kenyan clinic. He married in 1992 and has two daughters. Obama wrote and delivered the keynote address at the 2004 Democratic National Convention in Boston, Massachusetts, while still serving as a state legislator. However, Hull's popularity declined following allegations of domestic abuse. "After graduating from Punahou, Obama studied at Occidental College for two years, then transferred to Columbia University, where he majored in political science with a specialization in international relations. On returning to Chicago, Obama directed a voter registration drive. The book's last chapters describe his first visit to Kenya, a journey to connect with his Luo family and heritage. He has authored two bestselling books: a memoir of his youth entitled Dreams from My Father, and The Audacity of Hope, a personal commentary on U.S. politics. Obama was sworn in as a Senator on January 4, 2005. In the fall of 2002, during an anti-war rally at Chicago's Federal Plaza, Obama said: I know that an invasion of Iraq without a clear rationale and without strong international support will only fan the flames of the Middle East, and encourage the worst, rather than best, impulses of the Arab world, and strengthen the recruitment arm of al-Qaeda. " He describes his Kenyan father as "raised a Muslim," but a "confirmed atheist" by the time his parents met, and his Indonesian step-father as "a man who saw religion as not particularly useful. He spent most of his childhood in the majority-minority U.S. state of Hawaii and lived for four years in Indonesia. Obama's campaign reported raising US$25.8 million between January 1 and March 31 of 2007. Through the first two quarters of fundraising, Obama's campaign has received donations from a grand total of about 258,000 contributors, the most of any 2008 candidate. The book's last chapters describe his first visit to Kenya, a journey to connect with his Luo family and heritage.

Through the first two quarters of fundraising, Obama's campaign has received donations from a grand total of about 258,000 contributors, the most of any 2008 candidate.



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