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Archive for June 18th, 2012

How Obama Changed His Mind on Immigration

Posted in Main Blog (All Posts) on June 18th, 2012 11:08 pm by HL

How Obama Changed His Mind on Immigration
Beth Reinhard, Natl Jnrl
On July 25, 2011, President Obama told a leading Hispanic advocacy group that as much as he wanted to stop deporting young illegal immigrants, his hands were tied.”I know some people want me to bypass Congress and change the laws on my own,'' the president said, as the audience interrupted with shouts of “Yes you can!''

“Angry” Money Boosts Romney, GOP
Michael Barone, DC Examiner
There has been a lot of wailing and gnashing of teeth as, in the spring, it appeared that forces supporting Mitt Romney would be able to raise about as much money as those supporting Barack Obama. There's even more now that it seems likely that the pro-Romney side will raise and spend more money than the pro-Obama side.Four years ago, the Obama forces heavily outspent those supporting John McCain. The Obama campaign had enough money to target — and carry — heretofore Republican states like North Carolina and Indiana.That experience made the Democrats spoiled. The prospect that the…

The Man Who Bet Against Facebook & Won
Maria Bartiromo, USA Today
Facebook has dominated the talk on Wall Street since going public on May 18. But after the hype and excitement surrounding the $100 billion deal, the chatter has been for all the wrong reasons. The stock plummeted from its offering price of $38 a share. Technical glitches, overvaluation and questions about the business model created disarray and confusion. Former star technology analyst turned investor Dan Niles expected all that. Today he is among the happiest Facebook investors because he bet against the company. I caught up with the manager of the AlphaOne Capital Partners $100…