President Obama has suffered a great political setback due to recent withdrawals announced by Nancy Killefer and Tom Daschle. Killefer's withdrawal was due to her tax issues, while Daschle's has to do with both his tax issues and interest conflicts related to his work with some health care companies. Not long ago, Gov. Bill Richardson withdrew from consideration of Commerce Secretary due to the federal probe of a company's business dealings with the government he leads. Although Tim Geithner...
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Apparently, Timothy Geithner is not the only one who has failed to pay taxes. But, he is luckier than Tom Daschle and Nancy Killefer. Due to concerns over his tax issues and potential conflicts of interests, Daschle has announced his withdrawal from the nomination by President Obama to lead the nation's health-care reform. Concerns about Daschle's failure to fully pay his taxes from 2005 through 2007 had been growing, even after he paid $128,203 in back taxes and $11,964 in interest last mo...
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1/22/2009

In his presidential campaign trail, President Obama had pledged to close down Guantanamo, where many suspects have been detained for years without trial or charge. Thursday, he signed an executive order to halt the torture of suspects and close down the Guantanamo prison at Guantanamo Bay, Cuba, within a year.

"We intend to win this fight. We're going to win it on our terms," Obama declared. In the mean time, he appointed ...

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1/21/2009

The inauguration ceremony is over. President Obama goes to work in the Oval Office of the White House the first time in his presidency.

The hand-off of the White House from former President Bush to President Obama went more smoothly that Bush's own eight years ago. Unlike the 2001 hand-off, Bush found that all the Ws were removed from the keyboards in the executive office building of President Bill Clinton's departing administration. When Bush ...

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1/9/2009

Two months after winning the election, Mr. Obama warned that if Congress resisted or delayed approving a stimulus package designed to counter the worst effects of the recession, “a bad situation could become dramatically worse”.

He said in his speech: “At this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe. Only government can break the vicious cycles th...

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