The State of the Union Open Thread

All those who know exactly what the president WILL say, what he SHOULD say, what he WON’T say and what kind of selling-out it will be – It’s time to shut up. The adult is about to speak.

If you’re going to watch it on the web, please do it through the WH site, not only because it promise to be a very cool experience, but no less important – to help generate traffic there.

The floor is yours. Play nice.

Russian parliament ratifies New START treaty with US

Yea, a safer world.

MOSCOW — Russia’s lower house of parliament on Tuesday ratified a landmark nuclear arms pact with the United States, virtually assuring passage of an agreement President Barack Obama has described as the most significant arms control deal in nearly two decades.

The State Duma voted 350-96 with one abstention to pass a bill to ratify the New START treaty, which was approved by the U.S. Senate late last year. The treaty will now go to the upper house for final approval.

The New START would limit each country to 1,550 strategic warheads, down from the current ceiling of 2,200 and also re-establish a system for monitoring that ended in December 2009 with the expiration of the 1991 Strategic Arms Reduction Treaty signed by Soviet President Mikhail Gorbachev and President George H.W. Bush.

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President Barack Obama talks with Russian President Dmitry Medvedev during a phone call in the Oval Office, Jan. 25, 2011. (Official White House Photo by Pete Souza)

 

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Recovery!

January consumer confidence jumps to 60.6, above expectations

State of the mishmash

Morning guys,

1. President Obama will deliver his second State Of the Union address tonight at 9 EST. The White is preparing a real party and the First Lady will have some brilliantly chosen guests.

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2. CNN Poll: The state of the union is getting better. 43 percent feel that things are going well in the country, up 14 points since December. 

…The survey indicates that a majority of Americans continue to think that things are going badly in the country today, but that figure has dropped from 71 percent at the end of last year to 56 percent now.

“We haven’t seen numbers this good since April of 2007,” says CNN Polling Director Keating Holland. “One likely reason for the change is the public’s growing optimism about the economy.”

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3. Recovery!

American Market Preferred in Global Poll on New Confidence

Global investors are taking more risks with their money and targeting the U.S. as one of the best places to put their funds as they grow increasingly confident in the economic outlook.

More than two of five of those surveyed say they are seeing more opportunities to make money, according to a quarterly Bloomberg Global Poll of 1,000 investors, analysts and traders who are Bloomberg subscribers. That’s the highest level since the poll began in July 2009 and compares with less than one in three who are still hunkering down. The rest of investors in the poll conducted Jan. 20-24 describe the economic environment as getting back to normal.

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4. Recovery!

IMF Raises 2011 GDP Estimates on Stronger U.S. Growth

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5. How about that? (I heard that the guy who is sort of replacing Keith Olbermann trashed GM bailout, because of this news….God, the stupidity).

GM’s China sales pass US for first time in history

DETROIT – General Motors Co. sold more cars and trucks in China last year than it did in the U.S., for the first time in the company’s 102-year history.

GM’s global sales figure for 2010 was a dramatic 12 percent increase from 2009, a year in which it closed factories and was forced to take aid from the U.S. government to survive. Its sales in the U.S., including heavy-duty vehicles, rose 6.3 percent.

But it did even better in China, selling 2.35 million vehicles there, up 29 percent as an expanding middle class gained wealth, making it the world’s largest car market. The showing in China was about 136,000 more than what GM sold in the U.S. Toyota, meanwhile, sold just 846,000 vehicles in China.

The company said the expansion will generate 750 jobs for the Flint plant, which makes Chevrolet Silverado and GMC Sierra pickups and has been operating on two shifts per day. The last time the plant worked around the clock was in the second quarter of 2008.

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And:

Less than two years out of bankruptcy, GM has a shot to reclaim world sales title

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6. Couple of random thoughts:

A) Did you notice that in all those huge magazine stories, analyzing “what went wrong” for the president in his first two years – there wasn’t any serious POLICY criticism, except for the size of the stimulus? It was all about public relation,  bully pulpit and the beltway hurt feelings. 

B) Did you see how we held his feet on fire and now he will not kill grandma?? ;)

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Finally, new SOUZA STUFF!!! (click on the photo for BIG size. It’s worth it).