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Articles tagged with: Obama

Business, Columns and other comments, Features and such, Made in America, News »

[6 Jun 2013 | 25 Comments | 9,419 views]
Why Wal-Mart’s ‘buy American’ initiative could be significant

KATV-7 — the ABC affiliate in Little Rock — reported today that Bentonville-based Walmart Stores Inc. has pledged to buy $50 billion in goods made or grown in America over the next 10. Wal-Mart also plans to train and provide jobs to 100,000 recently-discharged veterans over the next five years.
Here’s the odd thing — Reuters reported Walmart made those announcements back in January. So, the question must be asked — is KATV just six months behind in its news coverage?
Absolutely not. In fact, one could argue that there can’t be …

Business, Columns and other comments, Features and such, News, Real Estate »

[27 Nov 2011 | No Comment | 2,571 views]
Geting ready for ‘HARP 2.0′

On Nov. 15, the Federal Housing Finance Agency, Fannie Mae and Freddie Mac announced new guidelines for to the Home Affordable Refinance Program (HARP) in hopes of helping more struggling homeowners take advantage of lower interest rates and secure affordable mortgage payments.
The so-called “HARP 2.0” is an extension and expansion of the program that is a little over two years old and hasn’t helped as many home owners as expected. Indeed, HARP has helped less than 1 million homeowners since it was launched and that, in large part, is due …

Arts & Entertainment, Book reviews, Technology »

[31 Oct 2011 | 5 Comments | 8,778 views]
Steve Jobs bio heavy on truth, light on myth

When it comes to biographies of celebrities (and, let’s face it — Steve Jobs was a celebrity), those usually fall in one of two camps.
You’ve got the “authorized biographies” which are typically packed with fawning praise of their subjects. You’ve got the “unauthorized biographies” which are typically little more than character assassinations based on half-truths and interviews with people with axes to grind.
Steve Jobs by Walter Isaacson is more than a bit unique — an authorized biography that comes across as painstakingly true. At the first of the book, Isaacson …

News, Politics »

[30 Oct 2011 | No Comment | 3,765 views]
Economics concern Arkansans

While the 13th annual Arkansas Poll finds the state’s residents more concerned about the economy than ever, 74 percent of respondents expressed optimism about the direction of the state. Approval ratings of public officials were mixed heading into an election year.
A full summary report of the 2011 poll results and data from past Arkansas Polls is available on the Arkansas Poll website.
“We’re seeing concern about the economy at the highest levels by far in the 13-year history of the Arkansas Poll,” said Janine Parry, professor of political science at the …

Business, Columns and other comments, Features and such, News, Real Estate »

[29 Oct 2011 | 4 Comments | 6,405 views]
HARP program extended in hopes of reaching more home owners

On. Oct. 24, the Federal Housing Finance Agency, Fannie Mae and Freddie Mac announced changes to the Home Affordable Refinance Program (HARP) designed to reach more borrowers in trouble with their mortgages.
HARP is over two-years-old now and hasn’t been the lifesaver people hoped. According to Fannie Mae and Freddie Mac, the government sponsored enterprises have modified mortgages for about 9 million Americans over the past couple of years and around 10 percent – less than 1 million – people have gotten more affordable loans through HARP.
Apparently, the solution to the …

Business, News, Real Estate »

[18 Sep 2011 | One Comment | 2,963 views]
Obama explores refinancing — again

On Sept. 8, President Barack Obama made some references to revisiting the issue of making refinancing options available to home owners who are struggling with their mortgages.
We’ve heard such talk before and the result was the Home Affordable Refinance Program (HARP), which was put in place a few years ago in hopes of giving people with mortgages backed by Fannie Mae and Freddie Mac a way to refinance at lower rates. That program has helped fewer people than federal officials hoped in that approximately 883,000 home owners have been helped …

Commentary, Features and such, Made in America, Politics »

[27 Jul 2011 | 15 Comments | 27,971 views]
GE tells American workers to go to hell, ‘First Arkansas News’ announces new series

You want to talk about timing? Just yesterday, we at First Arkansas News posted an article about the growing interest in buying American-made products and — before the pixels were even cold on that one — General Electric announced it’s moving a bunch of jobs to China.
That ironic announcement — we’ll get to it in a minute — has prompted an expansion of the aforementioned article into a series of them. We’ve already heard from Roger Simmermaker of How Americans Can Buy American and we’ll hear from Don Rongione of …

News »

[31 May 2011 | No Comment | 1,680 views]
Arkansans show support for Joplin

Last Sunday, thousands of people … including U.S. President Barack Obama … traveled to Joplin, Mo. to memorialize those who died and to offer support for survivors. It was a day of remembrance, of healing.
As most of you have probably heard by now, the controversial group Westboro Bapstist Church, which is known for protesting at funerals, etc. tried to get there. The news that Westboro might be there led many people to head to Joplin to block the protestors in a peaceful way to protect the mourners. The thousands of …

Media, News, Politics »

[1 May 2011 | No Comment | 3,034 views]
Osama bin Laden is dead

According to CNN and a number of other sources, Osama bin Laden is dead.
The ramifications of that revelation remain to be seen, but there’s little doubt that the fact the terrorist most associated with al Qaeda — the group responsible for the Sept. 11, 2001 attacks on the World Trade Center in New York — is great news for the Barack Obama administration.
George Bush never could eliminate bin Laden under his watch whereas the terrorist icon was apparently eliminated while Obama was in office. Yes, the President will make political …

Business, News, Politics, Real Estate »

[13 Apr 2011 | 2 Comments | 6,161 views]
Another fight brewing over the mortgage interest deduction

Just a few months ago, an effort to significantly reduce the mortgage interest deduction failed.
National Commission on Fiscal Responsibility and Reform — a task force put together by President Barack Obama — put together a report in furtherance of its mission to save $4 trillion over the next decade. In addition to tax increases, spending cuts and elimination of a lot of tax breaks was a suggestion to scale back the mortgage interest deduction. One of the proposals in that plan was a measure turning the mortgage interest deduction into …