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By Hunter Walker 5/24 8:33pm

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President Obama (Photo: Getty)

President Obama Won’t Be Returning His Donations From Bain Capital

Though the Obama campaign has repeatedly attacked Mitt Romney for his career at Bain Capital, President Obama still accepted $7,500 in campaign contributions from two Bain executives. His campaign press secretary, Ben LaBolt told The Politicker the president has no intention of giving the money back.

“No one aside from Mitt Romney is running for President highlighting their tenure as a corporate buyout specialist as one of job creation, when in fact, his goal was profit maximization,” said Mr. LaBolt.  ”The President has support from business leaders across industries who have seen him pull the economy back from the brink of another depression, manufacturing and the auto industry revived, and support his agenda to build an economy that lasts where America outinnovates and outeducates the rest of the world and economic security for the middle class is restored.” Read More

By Hunter Walker 5/16 11:45am

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President Obama

Obama Campaign: ‘America Can’t Afford Romney Economics’

The Romney and Obama campaigns continued sparring over their respective economic policies today. Mitt Romney appeared in Florida this morning where he gave a speech on the deficit.

“The President has had three and a half years to bring down the deficit and has not,” Romney campaign spokeswoman Andrea Saul said in a statement about the speech. “We can’t afford four more years of empty talk and broken policies that are leading us in the wrong direction.”

President Barack Obama’s campaign spokeswoman, Lis Smith, countered with a statement of her own accusing Mr. Romney of making “dishonest claims- both about President Obama’s record and his own” in Florida.

“Mitt Romney ignores that when President Obama took office, he was handed the largest deficit relative to the economy since the end of World War II, largely due to failed economic policies that Mitt Romney would bring back,” Ms. Smith said. “Mitt Romney simply wants to return to the same policies that caused the economic crisis and weakened the middle class: budget-busting tax cuts for the wealthiest Americans that do nothing to grow our economy and letting Wall Street write its own rules which crashed our economy. Loading the country up with debt to give tax breaks to the wealthy that they don’t need and didn’t ask for—America can’t afford Romney Economics.” Read More

By Hunter Walker 5/15 11:26am

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President Obama

President Obama: ‘I Think All of Us Benefit From the Freedom of Free Enterprise’

President Barack Obama has gone on the attack against Mitt Romney for his career at the private equity firm Bain Capital and cast himself as an aggressive crusader for reform in the financial industry, but he took decidedly more friendly tone toward big business last night at a fundraiser hosted by Hamilton “Tony” James, President and COO of the private equity giant Blackstone Group. In his speech at Mr. James’ home in Manhattan, the president argued his focus on social programs is actually better for big business than the Republicans’ push for more tax cuts.

“I think all of us benefit from the freedom of free enterprise. But if you look at our history, what we also realize is that what makes our markets work and what allows us then to go out and pursue our individual dreams is that there are some things we’ve done in concert,” President Obama said. “There are some things that we’ve done as a common enterprise — making sure that our schools are teaching our kids the skills that they need to compete in a new economy; making certain that we’re investing in science and research so that the next medical breakthrough or the next great business idea takes root right here in the United States; making sure we’re investing in roads and bridges and airports and broadband lines and wireless networks that allow–that provide a platform for businesses and individuals to succeed; and making sure that we’ve got basic rules of the road in place so that the markets function in a transparent, clear way so that small investors have confidence if they invest on Wall Street they’re not going to get bilked by somebody who has more information than them.” Read More

By Hunter Walker 5/15 8:58am

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romney2

New Romney Ad: ‘Hope and Change Has Not Been Kind to Millions of Americans’

Mitt Romney’s campaign is continuing to keep their focus on the economy with a new web ad that tells the stories of Americans who are unemployed or underemployed under President Barack Obama. The ad features brief interviews with struggling workers in Iowa accompanied by a moody piano soundtrack.

“Hope and change has not been kind to millions of Americans, but they still believe in this great country, and deserve a leader who believes in them: Mitt Romney,” the narrator said in the ad. Read More

By Hunter Walker 5/14 11:56am

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Jay Carney at a White House press briefing in March. (Photo: Getty)

White House: ‘It Is Amazing That There Are Still Those Who Are Out There Arguing We Should Repeal Wall Street Reform’

As Air Force Once flew President Barack Obama to New York for a commencement speech at Barnard College, a pair of fundraisers and a taping of The View, White House Press Secretary Jay Carney held a brief mid-air gaggle with reporters where he discussed J.P. Morgan’s $2 billion loss. Though Mr. Carney would not comment on the S.E.C.’s investigationinto the firm, he said the incident proves the need for the Dodd-Frank Wall Street reform bill that was signed into law by the president in 2010.

“What I can say is this event reinforces why it is so important to pass Wall Street reform,” Mr. Carney said according to the press pool report. “The president fought very hard against Republicans and Wall Street lobbyists to get Wall Street reform passed and also worked very hard to ensure the protection bureau was part of it and fought hard to make sure the Volcker rule was part of it.” Read More

By Colin Campbell 5/10 4:16pm

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20 years

Nancy Pelosi to Help Jerry Nadler Celebrate 20 Years in Congress

Congressman Jerry Nadler might not even have an opponent, but House Speaker Nancy Pelosi is still coming to town to help Mr. Nadler raise money and celebrate his upcoming 20th year in Congress. Mr. Nadler was first elected by hopping out of his Upper West Side Assembly District in a 1992 election (he was replaced in the State Assembly by a certain Scott Stringer).

It’s not exactly surprising that Mr. Nadler has a big name attending one of his fundraisers, in recent years he’s had multiple New York governors and senators, Bill and Hillary Clinton, most members of NYC congressional delegation, Attorney General Eric Schneiderman, as well a good portion of the 2013 mayoral contender field all attend his galas. And that’s without evening mentioning celebrities like Julianne Moore, Cynthia Nixon, Alec and Billy Baldwin, etc. Read More

By Hunter Walker 5/01 8:53am

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Video

President Obama

New Obama Ad: Romney ‘Failed To Disclose Swiss Bank Account Income’ [Video]

Now that it’s general election season, the attack ads are flying back and forth between President Barack Obama and Mitt Romney. President Obama’s latest ad slams Mr. Romney as someone who ”shipped American jobs overseas” during his career as a businessman and as Governor of Massachusetts.

“It’s just what you’d expect from a guy who had a Swiss bank account,” a narrator says in the ad. Read More

By Hunter Walker 4/26 5:04pm

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Mayor Bloomberg speaking at the Barclays Center construction site.

Mayor Bloomberg Plans To Have a ‘Good Time’ At Christine Quinn’s Wedding Despite Their Prevailing Wage Disagreement

Mayor Michael Bloomberg’s veto of City Council Speaker Christine Quinn’s prevailing wage bill was the hot topic at his press conference today announcing a plan to fill 2,000 jobs at the future home of the Brooklyn Nets, the Barclays Center arena. Though he fielded several questions about the bill today, Mr. Bloomberg said he doesn’t expect to be talking about the issue when he attends Ms. Quinn’s wedding May 19.

Ms. Quinn reportedly modified the bill in order to make sure several developments, including Hudson Yards, went through and, at the press conference, New York Times reporter Kate Taylor asked the mayor why he thinks Ms. Quinn supports the bill if she seemingly recognize it would discourage certain developments.

“I would suggest that you address that question to the Speaker,” Mayor Bloomberg said. “All I know is, I’m going to her wedding, and we’re going to have a good time and I don’t think that living wage is going to come up as a subject at the wedding.” Read More

By Hunter Walker 4/26 9:14am

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Reince Priebus (Photo: Twitter)

RNC Accuses Obama of ‘Misuse of Government Funds’

RNC Chairman Reince Priebus sent a letter to the comptroller general of the Government Accountability Office yesterday accusing President Barack Obama of inappropriately using government funds to stage campaign events and demanding a “formal inquiry” into the matter.

“Throughout his administration, but particularly in recent weeks, President Obama has been passing off campaign travel as ‘official events,’ thereby allowing taxpayers, rather than his campaign, to pay for his reelection efforts,” Mr. Preibus wrote. “Given the recent excesses, waste, and abuse uncovered in the General Services Administration, the GAO should be particularly sensitive to misuse of taxpayer dollars.” Read More

By Colin Campbell 4/25 5:14pm

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John Liu (Photo: Facebook)

Lawmakers Raise for Liu

Comptroller John Liu may not be saying whether he will plow forward with his campaign for mayor next year, but a selection of legislators at various levels of government are showing their support, and asking their supporters to open their wallets for Mr. Liu.

Headlining a May 1st fundraiser for Mr. Liu  are State Senator José Peralta, Assemblyman Michael DenDekker, and Councilman Daniel Dromm, according to an invite Mr. Dromm sent out to his supporters. Guests to the Jackson Heights event are requested to contribute to Mr. Liu’s 2013 account. Read More