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05-31-2012, 12:58 PM
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My Reaction To Both News Stories...
Quote:
Originally Posted by Bucco
"Artur Davis, one of President Obama’s earliest supporters and a former co-chairman for his presidential campaign, announced Tuesday that he was leaving the Democratic Party for good.
In a post published Tuesday on his website, Davis was vague about his future political endeavors, but declared: “If I were to run, it would be as a Republican. And I am in the process of changing my voter registration from Alabama to Virginia, a development which likely does represent a closing of one chapter and perhaps the opening of another.”
Davis, who represented Alabama’s 7th Congressional District from 2003 to 2011, was notably the first member of Congress outside of Illinois to endorse then-Sen. Obama’s 2008 presidential bid. And it was Davis who seconded the official nomination of Obama at the 2008 Democratic National Convention.
Artur Davis, former prominent Obama backer, leaves Democratic Party - latimes.com
"President Obama on Wednesday reauthorized the Export-Import Bank, raising its lending authority 40 percent to $140 billion by 2014, one day before the 78-year-old federal bank would have been shut down had he not signed the bill.
Increasing the bank’s lending power ensures “that we’re not just known as a nation that consumes,” the president said at a signing ceremony. “We’ve got to be a nation that produces.”
Republicans quickly accused the president of hypocrisy, pointing out that he had called the bank “little more than a fund for corporate welfare” during the 2008 campaign and promised to eliminate it.
They also reminded voters that despite Mr. Obama’s longtime disdain for corporate jets and corporate jet owners, the bill includes $1 billion in subsidies for jet manufacturers, which have experienced a steep decline in demand in recent years."
Obama signs reauthorization of Export-Import Bank despite earlier opposition - Washington Times
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Let me see if I have this right. - The "reauthorization", including the amendment for corporate jets, was a bill passed by the Republican-controlled House and the Democrat-controlled Senate, obviously one of the few things Congress has accomplished in a bi-partisan manner anytime recently.
- The bill was endorsed by the conservative U.S Chamber of Commerce and National Manufacturer's Association. Both said that continued operation of Exim Bank wold create hundreds of thousands of new jobs.
- The POTUS signed the bill, as is required by the Constitution in order to make it law.
- And a former Democrat moved and has decided to register as a Republican.
So....if there's some meaningful news here--I'm presuming it's intended to be more criticism of Obama--I'm not getting it.
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