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19 May 2009 22:55

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Politics, U.S.: Michael Steele speaks like he’s grown a backbone. Has he?

  • If we have the courage of our convictions, and we do, then we will and we must stand up against disastrous policies, regardless of the president’s popularity.
  • GOP head Michael Steele • Who is trying to make a return to the public eye after looking like a freaking idiot ever since he was elected GOP chair. In his speech, he said that the party needs to sharply attack Obama’s policies head-on, rather than pussyfoot around them. Did he succeed at making a return to the public eye? Twitter largely sez no, and that he sucks at public speaking to boot. • source

05 May 2009 10:36

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Biz, U.S.: Here’s a Cinco de Mayo quote worth celebrating from Ben Bernanke

  • We expect economic activity to bottom out, then to turn up later this year.
  • Federal Reserve chair Ben Bernanke • On his forecast for the economic recovery, which he says should be coming soon. Hoo-ray! • source

16 Mar 2009 09:34

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Biz, U.S.: Ben Bernanke: We COULD be out of the woods by late ’09

  • We’ve seen some progress in the financial markets, absolutely. But until we get that stabilized and working normally, we’re not going to see recovery.
  • Federal Reserve chairman Ben Bernanke • On the recession and the biggest problem – the clogged up credit and financial markets. Bernanke said that if things ease up, the recession could end this year. Also, he was on “60 Minutes” last night, where he mentioned he’s “slammed the phone more than a few times on discussing AIG.” • source

30 Jan 2009 16:21

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U.S.: Finally! A new Republican National Committee chair is elected

It only took six rounds, but Michael Steele is the first African-American RNC leader. source

30 Jan 2009 15:06

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U.S.: Who won the RNC chairman job? Nobody.

  • There was no majority victor. The guy who got the closest was former Maryland Lt. Gov. Michael Steele, who got 51 votes, but you need 85 to lead the Republican Party. The guy who’s currently the chair, Mike Duncan, only got 44, and as Bush’s handpicked choice during an era where George W. Bush was incredibly unpopular, he might have the stink on him which prevents him from keeping his job. They’ve already gone through three rounds of balloting. Maybe the fourth time’s the charm. source