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18 Jul 2011 11:02

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Politics: Debt ceiling poll: Everyone looks bad, but Obama looks least bad

  • 71% disapprove of the way Republicans have handled the debt ceiling crisis — just 21 percent approve
  • 48% disapprove of the way Obama has handled the situation; by contrast, 43 percent approve source
  • » Obama’s the best in a bad bunch: According to a CBS News poll, while nobody’s doing particularly hot in the current debt crisis negotiations, Obama can at least say that he’s doing better than everyone else. Democrats in Congress have a meager 31 percent approval rating. But let’s face it — this has always been a fight between Republicans and Obama, with congressional Democrats off to the side. So the result is nothing but notable. Let’s raise the question: If the government defaults, is this 1995 all over again for the GOP?

18 Jul 2011 00:56

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Politics: Consumer Financial Protection Bureau: Obama faces confirmation headaches

  • Until President Obama addresses our concerns by supporting a few reasonable structural changes, we will not confirm anyone to lead it. No accountability, no confirmation.
  • Sen. Richard Shelby • Offering an ultimatum about the Consumer Financial Protection Bureau, particularly in regards to its leadership. Obama recently chose former Ohio Attorney General Richard Cordray as his pick — a slight over noted financial industry critic Elizabeth Warren, but one that will nonetheless face a tough Senate  confirmation battle. The GOP wants to push a five-member commission structure for the organization, but while Obama may offer concessions to please Republicans, that particular idea is off the table. source