President Obama
President Obama discloses up to $8.3 million in assets, as much as $1 million at JPMorgan Chase
President Obama’s total assets in 2011 were as high as $8.3 million in 2011, according to an annual financial disclosure filing released by the White House Tuesday. Much of the president’s wealth is in the form of US Treasury bills and notes, which total between $1.6 million and $6.25 million. The Obamas also have $500,001 to $1 million in a checking account at JPMorgan Chase, the bank currently under FBI scrutiny for a $2 billion trading loss.
FULL ENTRYMitt Romney casts President Obama as an enemy of free enterprise during speech in Iowa
Mitt Romney cast President Obama as an enemy of capitalism Tuesday in a speech at Drake University, calling the president an “old-school liberal whose first instinct is to see free enterprise as the villain and government as the hero.” They were new words set to a familiar tune. Romney repeated an earlier promise to cap federal spending at 20 percent of GDP, vowed again to repeal Obama’s signature health care law and said he would reform Medicare and Social Security.
FULL ENTRYAd by pro-Obama super PAC makes questionable assertion in attacking Mitt Romney’s record at Bain Capital
A day after the Obama campaign released an ad attacking Mitt Romney’s business record, a super PAC supporting the president’s reelection unveiled a similar ad Tuesday focusing on the same Missouri steel company and running in four of the same states. But the 30-second spot produced by Priorities USA Action relies, in part, on the dubious assertion that Bain Capital always turned a profit, no matter what happened to the businesses in which it invested.
FULL ENTRYPoll shows Mitt Romney with slight lead over President Obama, as Americans question Obama’s motive in backing gay marriage
Mitt Romney has taken a slim lead over President Obama, with two-thirds of Americans believing Obama endorsed same-sex marriage for political reasons, according to a New York Times/CBS News poll published Tuesday. Romney holds a 46-percent-to-43-percent advantage over the president, but the Republican’s 3-point edge is within the survey’s margin of error. The monthly poll showed the two candidates tied in April, after Obama led in February and March.
FULL ENTRYDeval Patrick addresses state and national audiences as he talks health care
Speaking to state and national audiences, Governor Deval Patrick today defended the idea of government ensuring near universal health care, even as he called on lawmakers, health care providers, and the business community to work jointly on controlling its cost. The twin targets reflected his role both as leader of the state and a top surrogate speaker for President Obama. The Democratic incumbent is defending his federal health care overhaul from criticism by Mitt Romney, the presumptive Republican presidential nominee.
FULL ENTRYDeval Patrick tells business leaders: ‘I’m not going anywhere’
His friendship with President Obama has sparked talk of a Cabinet appointment should the Democrats retain the White House this fall. His travel to presidential primary states and book-writing have prompted speculation about his own presidential candidacy in 2016 should Obama lose. And some time away from the office has fueled the opinion he’s lost interest in his current job. An amused-but-exasperated Governor Deval Patrick today has an answer for all the chatter: “I’m not going anywhere.”
FULL ENTRYElizabeth Warren calls for more regulation following $2B JPMorgan Chase loss
Elizabeth Warren, trying to ride her reputation as a Wall Street enforcer to the US Senate, today released a new radio ad calling for enhanced government regulation in the aftermath of JPMorgan Chase’s $2 billion trading loss. “I stood up to big banks. I took on their army of lobbyists and help win the fight for a consumer protection agency,” the Democrat says in the new spot. “Wall Street isn’t going to change its ways until Washington gets serious.”
FULL ENTRYPresident Obama’s endorsement of gay marriage aligns with young voters and women, poll shows
President Obama’s endorsement of legal same-sex marriage is likely to resonate with young voters and women, two blocs where Obama is already strong, a new Gallup poll indicates. Support among voters between the ages of 18 and 34 is at 66 percent -- 19 points higher than in the 35 to 54 age group. The gap between men and women is 14 points, with 56 percent of female voters saying they support legal same-sex marriage.
FULL ENTRYPatrick, Frank say politics not a factor in president’s gay marriage endorsement
Governor Deval Patrick and Representative Barney Frank on Sunday downplayed the politics of President Obama’s endorsement of same-sex marriage last week. The assertions of the Massachusetts Democrats are contested by some observers who believe Obama’s announcement was dictated by political strategy and that it could make a difference in certain states on Election Day. But Romney and other Republicans have minimized the gay marriage debate, perhaps sensing that it ranks lowly on most voters’ priority lists.
FULL ENTRYGovernor Patrick praises President Obama’s endorsement of gay marriage: ‘It’s about convictions; it’s not about politics’
Governor Deval Patrick praised President Obama for his “clear and principled position” Sunday, four days after Obama became the first president to endorse same-sex marriage. “It’s about convictions; it’s not about politics,” Patrick said on CBS’s “Face the Nation.” Patrick also tried to undermine Romney’s number one selling point -- that he would manage the nation’s economic recovery better than the president.
FULL ENTRYDeval Patrick shows unique pro-Obama value with Sunday talk-show appearance
Governor Deval Patrick’s much-vaunted surrogate speaking on behalf of President Obama has largely been limited to the kind of party activist speeches he will deliver tonight when he addresses a Democratic dinner in South Carolina. But his higher value may be on display Sunday, when he appears on the CBS program “Face the Nation” to discuss President Obama’s gay marriage switch this week. He leads Massachusetts, the first state to legalize gay marriage. His predecessor, Mitt Romney, opposes it.
FULL ENTRYMitt Romney focuses on family, not gay marriage, in draft of Liberty speech
Mitt Romney on Saturday is giving the commencement address at the conservative Liberty University, offering him a chance to woo social and religious conservatives who have long been skeptical of him. “I’m not sure quite why, but lately I’ve found myself thinking about life in four-year stretches,” he plans to say, according to several excerpts released by the Romney campaign this morning. Romney advisers said on Thursday that Romney was unlikely to dwell on the gay marriage debate
FULL ENTRYPresident Obama’s heart-tugging gay marriage change comes with heavy political context
President Obama’s change over gay marriage may have come from the heart, but it was delivered in the most political of contexts. He spoke a day after voters in North Carolina, a general election swing state, gave him a temperature reading by approving a gay marriage ban. He also spoke the day before he flies to California for a fund-raiser with George Clooney and Democratic activitists sure to excited - and eager to donate - after his newfound position.
FULL ENTRYPresident Obama announces support for gay marriage in reversal of prior stance
President Obama declared today that he supports gay marriage, reversing his longstanding public statements of supporting equal rights for gay couples that stopped just short of marriage. In explaining his previous stance, Obama told ABC News, “I’ve been going through an evolution on this issue. I’ve always been adamant that gays and lesbians should be treated fairly and equally,” citing the reversal of the Don’t Ask-Don’t Tell policy that barred openly gay servicemen and women from serving in the military.
FULL ENTRYFelon outpolls President Obama in 8 West Virginia counties, wins 42 percent of statewide vote
A man currently incarcerated in federal prison beat President Obama in eight West Virginia counties Tuesday, according to unofficial results of a Democratic primary in that state.
Keith Judd, 53, who is serving a 210-month sentence for extortion, won 42 percent of the statewide vote. Obama won the primary with 58 percent. Judd’s performance was good enough to earn multiple delegates to the Democratic National Convention, but no one has registered as a Judd delegate.
FULL ENTRYBillionaire George Soros jumps into 2012 election with $2 million in donations to Democratic groups
Billionaire George Soros, a generous Democratic donor in previous elections, is stepping up his giving in the current campaign with $2 million in contributions. The super PAC American Bridge 21st Century said Monday that Soros gave the group $1 million. A Soros spokesman told The Wall Street Journal that the investor also plans to contribute $1 million to America Votes, which helps coordinate the activities of progressive organizations throughout the country.
FULL ENTRYMitt Romney virtually tied with President Obama in 12 swing states, poll shows
Presumptive Republican nominee Mitt Romney has pulled into a virtual tie with President Obama in a dozen swing states, according to a USA Today/Gallup poll released Monday.
The president holds a slim lead, 47 percent to 45 percent, but the 2-point edge is within the survey’s margin of error. In March, Romney faced a 9-point deficit. At that stage of the GOP primary race, the former Massachusetts governor had not yet dispatched Rick Santorum and Newt Gingrich.
FULL ENTRYBiden says he is ‘comfortable’ with gay marriage rights, but can’t promise endorsement of Obama
Vice President Joe Biden on Sunday highlighted President Obama’s advocacy of gay rights and declared his own “comfort’’ with giving equal rights to same-sex couples, but he stopped short of saying the Obama administration will officially endorse gay marriage in a second term. Obama’s position on same-sex marriage has vacillated over the years. He said last summer that his views are “evolving,’’ and he has mostly avoided discussing the subject as president.
FULL ENTRYObama campaign blasts Mitt Romney for initial silence after supporter says president ‘should be tried for treason’
The Obama campaign slammed Mitt Romney Monday for not confronting a supporter who said during a town hall event in Cleveland that the president “should be tried for treason.” Romney, the presumptive Republican presidential nominee, ignored the treason comment and answered her question. The Obama campaign characterized the woman’s remark as an out-of-bounds attack and said Romney, though he is Obama’s political adversary, should have stood up for the president.
FULL ENTRYPresident Obama unleashes new ad in nine key swing states
The Obama campaign released a new television ad Monday aimed at middle-class voters in nine swing states that strategists have identified as critical to the president’s re-election. In a conference call with reporters this morning, Obama’s campaign manager and senior strategist said the campaign will spend $25 million rolling out the ads over the course of the month in Virginia, Pennsylvania, Ohio, Nevada, New Hampshire, Iowa, North Carolina, Florida, and Colorado.
FULL ENTRYAbout Political Intelligence
Glen Johnson is Politics Editor at boston.com and lead blogger for "Political Intelligence." He moved to Massachusetts in the fourth grade, and has covered local, state, and national politics for over 25 years. E-mail him at johnson@globe.com. Follow him on Twitter @globeglen. |


Glen Johnson is Politics Editor at boston.com and lead blogger for "Political Intelligence." He moved to Massachusetts in the fourth grade, and has covered local, state, and national politics for over 25 years. E-mail him at 


