NEW YORK — As President Barack Obama widened his lead over Mitt Romney in polls this month, traders at hedge funds and investment firms began shooting emails to clients with a similar theme: It’s time to start preparing for an Obama victory.
What many in the market worry about isn’t that high earners may pay more in taxes if Obama wins. They worry that federal spending cuts and tax hikes scheduled for 2013 will kick in on Jan. 1 and start pulling the country into another recession. The higher taxes and lower spending would total $600 billion. They take effect automatically unless Congress and the White House reach a deal before then.
Posts tagged as “President Barack Obama”
U.S. President Barack Obama participates in an election campaign rally in Virginia Beach, September 27, 2012. Credit: Reuters/Jason Reed
(Reuters) – President Barack Obama maintains a lead over Republican challenger Mitt Romney with 40 days left until the November 6 election, the latest Reuters/Ipsos poll said on Thursday. The daily tracking poll said Obama had 49 percent support to 42 percent for Romney among likely voters. Ipsos interviewed 1,194 registered voters online for the survey.
President Barack Obama speaks to supporters at the Stroh Center on September 26, 2012 in Bowling Green, Ohio. Six days before early voting starts in Ohio, the President discussed what he says is a real and achievable plan to restore middle-class economic security by paying down the debt in a balanced way. (Photo by J.D. Pooley/Getty Images)
President Obama has a strong lead over Mitt Romney in New Hampshire and narrow advantages in Nevada and North Carolina, according to a new series of NBC News/Wall Street Journal/Marist College polls, putting him ahead in virtually every swing state with fewer than 40 days before the election.
The president leads 51 to 44 among likely voters in New Hampshire, a state he won in 2008 but one Romney advisers view as winnable for their candidate. Obama has a 49 to 47 advantage in Nevada and a 48 to 46 lead in North Carolina, both well within the margin of error of the surveys. (Go to NBC’s First Read for even more details on the polls.)
Little Janiya Penny, 8, has her wish granted as she, along with her family, meets the President, August 8, 2012.
President Obama must be one of the most beloved U.S. President’s of all time. Now, in the election season, people are finding more ways to love him. If the children could vote, they would beat everyone to the polls to re-elect him.
Some of you may have seen a picture that popped up on Facebook yesterday of a little girl standing near a wall in the White House with her hands over her face as her family walked into a room preparing to be greeted by President Obama. It is a touching photo, but for more reasons than we knew.
This morning, the Commander-in-Chief and First Lady graced the set of “The View” to talk about all those super cute things we love about them, like where they shared their first kiss, how the President tucks Michelle in at night, and how they want to retrace their honeymoon voyage once they leave the White House (in 2016 hopefully).
The mood was definitely light, despite the fast-approaching election day. The president did briefly address his opponent Mitt Romney and his plans for the country over the next four years, but the highlight of their appearance was definitely the Barack-Michelle love fest. See a clip below:
[youtube http://www.youtube.com/watch?v=W4tb0L0eg5M&w=853&h=480]
This morning, the Commander-in-Chief and First Lady graced the set of “The View” to talk about all those super cute things we love about them, like where they shared their first kiss, how the President tucks Michelle in at night, and how they want to retrace their honeymoon voyage once they leave the White House (in 2016 hopefully).
The mood was definitely light, despite the fast-approaching election day. The president did briefly address his opponent Mitt Romney and his plans for the country over the next four years, but the highlight of their appearance was definitely the Barack-Michelle love fest. See a clip below:
[youtube http://www.youtube.com/watch?v=W4tb0L0eg5M&w=853&h=480]
President Barack Obama and Nascar Sprint Cup Series Champion Tony Stewart pose for a photo during a visit by the 2011 Chase for the NASCAR Sprint Cup drivers to the White House on April 17, 2012 in Washington, DC. President Obama hosted the 2011 NASCAR Sprint Cup Series Champion Tony Stewart to honor his championship season. (Photo by Ned Dishman/Getty Images for NASCAR)
President Barack Obama’s recent lead in the polls has extended to some unexpected corners of the electorate. According to a new Zogby poll, the president is beating Republican Mitt Romney by 7 points with NASCAR fans. The Huffington Post has more:
