Category Archives: Obama

Obama Bashes Brexit

brexitPresident Obama threatened Britons who favor a Brexit. A Brexit would be a British exit from the European Union in a referendum coming up June 23. Obama said if the UK leaves the EU it would have to move the back of the queue if it wants to do a trade deal with the US.

Obama prefers to deal with undemocratic bureaucrats in Brussels rather than Britons who prefer to retain their sovereignty in London. He claims it could take 10 years to reach a trade deal with an independent UK.

Obama’s intervention enraged London Mayor Boris Johnson who claimed Obama’s Kenyan background makes him hostile to the British Empire. That remark hi-lighted the special relationship between American and British students. Johnson was disinvited from a debate on the Brexit. British students also favor “safe spaces” to protect them from unpleasant ideas.

The Wall Street Journal points out that what Obama thinks may not matter since he’s a short termer.

End of Coal

coal

Two stories lured me off from the campaign trail for today.

Peabody Energy, the world’s biggest coal company, filed for bankruptcy. President Obama promised to drive the coal industry into bankruptcy. As it happens, the fracking industry is driving coal into bankruptcy. Natural gas is cheaper and cleaner than coal. Obama hoped to replace coal with renewable energy.

The other story is that,  SunEdison, world’s biggest renewable energy company, is also preparing to file for bankruptcy.

Libya

Libya

President Obama told Chris Wallace in a Fox News Interview that Libya was his greatest mistake. He blames a lack of planning for the day after Gaddafi was killed. Or, as Hillary put it, “We came, we saw, he died.”

Vanity Fair points out that Hillary considers Libya to be one of her “chief accomplishments.”

Business Boat People

business boat people

Business boat people are fleeing America  for lower tax countries. President Obama ordered another change in the law to make them stay put. The U.S. has one of the world’s highest corporate tax rates.

Obama Lectures Reporters

Obama lectures reporters

President Obama lectures reporters on reporting.

Jack Shafer reported in Politico on the president’s address at a journalism awards ceremony.

The occasion was the Toner Prize for Political Reporting awarded to Alley Mac Gillis by Syracuse University’s S.I. Newhouse School of Public Communications.