June 30, 2011 By Glenn Kessler “The tax cuts I’m proposing we get rid of are tax breaks for millionaires and billionaires, tax breaks for oil companies and hedge fund managers and corporate jet owners.” — President Obama, June 29, 2011 A feisty President Obama met with reporters Wednesday — a sure sign that the [...]

By Ron Fournier Updated: June 29, 2011 Kids versus corporate jets. If President Obama’s news conference accomplished anything on Wednesday afternoon, it underscored, in striking tones, his strategy for winning the debt ceiling fight with Republicans: Make it a clash of classes. Rich versus Poor. Us versus Them.  Those who support children, food safety, medical research and, presumably, puppies [...]

by Keith Koffler on June 29, 2011, 12:54 pm The Obama campaign appears to be signaling that its fundraising totals for the second quarter of the year – the first since President Obama announced for reelection – will not be as robust as the campaign would like. In an email to campaign supporters today, President [...]

Recent scrambling by the president’s political advisers indicates they’re very worried about his reelection chances. By Josh Kraushaar Updated: June 29, 2011 It’s been a rough June for the White House. Instead of being able to run a campaign taking credit for economic improvement, President Obama will, according to the latest forecasts, be trying to win [...]

June 30, 2011 By TIM MAK Mark Halperin, editor-at-large for Time, called President Obama “a dick” on Thursday on a popular MSNBC morning show and then quickly apologized. “I thought he was a dick yesterday,” Halperin, who also is a senior political analyst for MSNBC, said on Morning Joe, referring to the President’s conduct during [...]

June 29, 2011 Jan Norman Gov. Jerry Brown has signed into law California’s tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts say. The bill, AB 28X, takes effect immediately. The state Board of Equalization says the tax will raise $200 million a year, but critics [...]

By Marc Lifsher, Los Angeles Times June 30, 2011 Reporting from Sacramento— Shopping at Amazon.com Inc. and other major Internet stores is poised to get more expensive. Beginning Friday, a new state law will require large out-of-state retailers to collect sales taxes on purchases that their California customers make on the Internet — a prospect [...]

The extraordinary FDA hearing that will decide Avastin’s future. June 29, 2011 WSJ A Food and Drug Administration appeals panel on the use of Avastin for end-stage breast cancer votes today, and FDA commissioner Margaret Hamburg will make a final ruling soon. In the meantime, let’s underline what an extraordinary moment this is. Avastin is [...]

If you think American kids are ignorant about history, wait till you get a load of this historian. June 28, 2011 WSJ By JAMES TARANTO Andrew Bacevich, a professor of history and international relations at Boston University, has an innovative foreign-policy theory. “At periodic intervals,” he argues in a Los Angeles Times op-ed piece, “the [...]

June 29, 2011 By Raymond J. Keating President Obama recently touted his credentials as a job creator, highlighting the 49% increase in foreign investment experienced by the U.S. in 2010. Unfortunately, the $194 billion invested in the country by foreigners falls substantially short of the $328 billion figure seen in 2008. While a slight rebound [...]