Canadian DollarCanada’s dollar plunged today as demand for the nation’s assets deteriorated because of pessimistic outlook for the economy of the biggest nation’s trading partner — the US.
The depressed mood caused fall of equities and decline of commodities. The MSCI World Index of stocks slumped 1.9 percent, while the Standard & Poor’s 500 Index fell as much as 2.1 percent.
There are positive sing, though, that may precede a change of the trend. The S&P/TSX Composite Index rose 0.4 percent. Crude oil, the main export of Canada, rallied 3.2 percent to $81.82 per barrel. Yield on the two-year government bonds fell five basis points to 0.81 percent.
USD/CAD jumped from 0.9771 to 0.9921 as of 19:19 GMT today. EUR/CAD advanced from 1.4044 to 1.4088 after reaching the intraday high of 1.4174. CAD/JPY fell from 78.70 to 77.38 and declined during the day to 76.82, the lowest level since March 2009.
If you have any questions, comments or opinions regarding the Canadian Dollar, feel free to post them using the commentary form below.
Earlier News About the Canadian Dollar:
Canadian Dollar Falls Along with Other Commodity Currencies (2011-08-02)
Loonie Declines as Economy Contracts (2011-07-29)
CAD Sets New Multi-Year Record on US Crisis Expectations (2011-07-26)
Canadian Inflation Slows, Loonie Retreats (2011-07-22)
CAD Reaches Three-Year High vs. USD (2011-07-22)
This entry was posted on TopForexNews on Wednesday, August 10th, 2011 at 7:19 pm and is filed under Canadian Dollar. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
posted at 10:41 pm on August 10, 2011 by Allahpundit printer-friendly
“President Barack Obama is getting hammered on all sides for a stumbling U.S. economy and his uneven response to it, raising pressure on him to take steps to create jobs or risk being ousted in next year’s election…
“He received negative reviews from pundits for a speech on Monday that offered no new policy ideas and failed to cushion a steep sell-off on Wall Street…
“David Yepsen, director of the Paul Simon Public Policy Institute at Southern Illinois University, said a host of problems is playing on Americans’ minds, from weak job growth, and slumping markets to the recent deaths of 30 American troops in Afghanistan, a war that is increasingly unpopular.
“‘There’s that feeling, that things are out of control, that we’re not on top of this anymore,’ Yepson said.”
***
“Gary Pearce, a Democratic strategist in North Carolina, a swing state Mr Obama is likely to struggle to retain in 2012, said: ‘Democrats are worried. He looks weak, he doesn’t say anything that grabs you, and people are looking for some kind of magic.’
“He said some activists were asking ‘do we need someone tougher to fight the tea party?’ ‘You see a yearning for a Bill Clinton-type approach and Hillary would reflect that. Obama is just a different political animal, he is a low-key guy,’ he added.”
***
“All that remains of the great hopes Americans and the world had pinned on Obama, inspired by his stirring campaign speeches about change and renewal, is a battlefield of unsatisfactory and contradictory compromises. Obama, who just turned 50 and was once a symbol of youthful change, suddenly seems old and worn out, as gray as his hair has become…
“The clash with the Tea Party has highlighted Obama’s shortcomings. His opponents have everything he seems to lack. They are loud, confident and uncompromising, sticking to their principles while he repeatedly hesitates and delays. In the US midterm elections, dozens of Tea Party candidates managed to get elected to Congress by capitalizing on the rage of people who Obama had failed to connect with…
“It is now clear that Obama is simply not the man to help conflicting parties out of entrenched positions or give new impetus to an alliance. He instinctively leans toward measured, often delayed reactions, leaving his promises of change to fall by the wayside.”
***
“‘We just wish he’d be more of a fighter,’ said one influential Democrat with a grimace. Another agreed: ‘You can’t blame him for everything. I just wish he would come across more forceful at times, but that is not the dude’s style. Detached hurts you when things are sour. You need some of Clinton’s ‘I feel your pain’ compassion.’…
“Obama’s response on Monday to Friday’s Standard & Poor’s downgrade and to the 22 Navy Seal commandos and 8 other soldiers killed by a Taliban rocket-propelled grenade in Afghanistan was once more too little, too late. It was just like his belated, ineffectual response on the BP oil spill and his reaction to the would-be Christmas Day bomber; it took him three days on vacation in Hawaii to speak about the terrorist incident when the country was scared about national security, and then he spent the next week callously shuttling from the podium to the golf course…
“His withholding and reactive nature has made him seem strangely irrelevant in Washington, trapped by his own temperament. He doesn’t lead, and he doesn’t understand why we don’t feel led.”
WASHINGTON: Barely one in four Americans feels confident that the Obama government can fix America's economic problems with a large majority agreeing that the policymaking process in Washington is unstable and ineffective, according to a new poll.
As many as 46 percent of registered voters say they plan to vote against President Barack Obama next year, versus 21 percent who say they will definitely vote for the president and 33 percent who say they will consider giving him another term, a Washington Post poll released on Wednesday said.
The poll underscores the damage caused to Obama and both Republicans and Democrats by the long standoff over the debt ceiling and the weakened economy, the influential US daily said.
The results could have significant implications for both parties, although the anger appears directed evenly between the two parties, as record numbers of Americans now say they are interested in new congressional representation when they vote in November 2012, it said.
Only 26 percent of respondents in the poll said they were confident that leaders in Washington could actually solve the economic problems facing the country.
Fifty-two percent of respondents to the Post poll said they believe Standard & Poor's decision to downgrade its rating on the US debt was a fair assessment, with 71 percent saying they thought S&P's assessment of the American political system as "less stable, less effective and less predictable" was fair.
Among those who believe that Washington is focused on the wrong issues, 30 percent blame Obama and Democrats, 30 percent blame Republicans and 32 percent blame both sides equally.
Confidence in Obama to make the right decisions for the country's economic future is down 10 points to 33 percent since January. Confidence in Congressional Republicans, which was at 35 percent in January, has dropped to 18 percent.
Obama's overall job ratings sit at 44 percent approval and 46 percent disapproval in the new poll, both numerically down from three weeks ago, when he was at 47 and 48 percent, respectively.
However, the poll found despite growing disillusionment with the political situation, 77 percent of Americans agree with this statement: "Whatever its faults, the United States still has the best system of government in the world." That number is unmoved from October 2010.
posted at 10:06 pm on August 10, 2011 by Allahpundit printer-friendly
As bad as that sounds, you need to know that this column was written as a faux AP news article to appreciate its true horror. So desperate is the left’s intelligentsia to see Obama fulfill his promise as redeemer of liberal dreams that they’ve given up analysis and taken to fanfic instead.
This guy may very well have action figures of Obama and Boehner stashed away in his home.
Washington (AP) — It was a news conference the likes of which the White House had never seen. President Obama stood in the East Room, flanked by the House speaker, John Boehner; the Senate minority leader, Mitch McConnell; the Senate majority leader, Harry Reid; and the House minority leader, Nancy Pelosi. The president asked Mr. Boehner to speak first:
“My fellow Americans,” the Ohio Republican began. “We have just concluded a meeting with the president, prompted by this moment of extraordinary economic peril. Our party, as you know, is convinced that the main reason for our economic decline is that we have too much debt, that government has grown too big and that taxes and regulations are choking our dynamism. But I have to acknowledge that, over the years, our party has contributed to this debt burden and government spending binge. We are not innocent, and, therefore, we owe the country a strategy for governing and for fixing a problem that we helped to create — instead of just blocking the president. The G.O.P. is better than that and has more to offer the nation. Therefore, we have informed the president that our legislators are ready to reopen negotiations immediately on a ‘Grand Bargain’ to address all these debt issues once and for all and that everything will be on the table from our side — including tax reform that closes loopholes and eliminates wasteful subsidies, and, if need be, tax increases. To those who voted for us, rest assured that we will bring our conservative values to these negotiations and an emphasis on markets and meritocracies, but also a spirit of compromise and a recognition that both sides will have to bend if we are going to get the kind of comprehensive budget agreement the country needs. To my Tea Party colleagues, I say: thank you. Your passion helped spur the nation to action, but the country cannot be governed, and our future secured, by bowing solely to the passions of any single group — liberal or conservative. I know that the Tea Party activists are true patriots and they will work with us as well. President Obama: Let’s fix the country together and then compete in 2012 over who can best manage a growing pie rather than a shrinking one.”
And so it came to be that John Boehner became a centrist Democrat and repudiated the core constituency that made him Speaker. After that comes a “warm embrace” between Obama and Boehner and a Grand Bargain very much along the lines of Tom Friedman’s (and Obama’s) own policy preferences before the column ends: “At that point, all five leaders shook hands and retreated into the Oval Office. It was exactly 9:29 a.m. One minute later, the New York Stock Exchange opened. The Dow was up 1,223 points at the open — an all-time record.” Apart from a few days in late 2008, when the Dow was insanely volatile due to the financial crisis and TARP, the biggest gain it’s ever made was 499 points. Such is the awesomeness of the Friedman platform that, if only congressional leaders would endorse it, we’d shatter the all-time one-day record on Wall Street in a burst of green, pro-ChiCom, “effective government” exuberance. They pay Friedman hundreds of thousands of dollars a year to write this stuff.
I almost feel guilty making you read it. Here, here’s a video of the greatest hitter of all time taking batting practice to try to redeem this post.
Australian dollarThe Australian dollar resumed its movement down after the yesterday’s gains as consumer sentiment declined this month, reducing attractiveness of the nation’s currency.
The Westpac-Melbourne Institute Consumer Sentiment index fell 3.5 percent in August from July. This declined followed the drop by 8.3 percent in July. The Aussie (the nickname of the Australian currency) also weakened as the pledge of the Federal Reserve to keep interest rates stable hasn’t reduced pessimism among Forex traders.
AUD/USD retreated from 1.0353 to 1.0343 as of 11:51 GMT after jumping to 1.0414 today. AUD/JPY fell from 79.66 to 79.15, following the advance to 80.34.
If you have any questions, comments or opinions regarding the Australian Dollar, feel free to post them using the commentary form below.
Earlier News About the Australian Dollar:
Australian Dollar Attempts Stop Decline, Fails (2011-08-09)
Eighth Session of Suffering for Aussie (2011-08-08)
AUD Down on Economic Outlook Revision (2011-08-05)
Australian Dollar Continues Its Correction on Weak Retail Sales (2011-08-03)
AUD Surges Against Everything on Higher Inflation Numbers (2011-07-27)
This entry was posted on TopForexNews on Wednesday, August 10th, 2011 at 11:51 am and is filed under Australian Dollar. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the en
Kanon Wakeshima (分島 花音) is a Japanese singer and cellist. Produced by Mana, Wakeshima debuted under the DefStar Records label on May 28, 2008 with the single "Still Doll", the ending theme for the anime adaptation of the manga series Vampire Knight. She also provided the voice for a maid that appears in the eighth episode of the series. Wakeshima's second single "Suna no Oshiro", released on November 12, 2008, was used as the ending theme for the series' second season (subtitled Guilty). | She was nominated for a Best Newcomer award for 2008 in the fourth annual Shojo Beat Music Awards, nominees of which are determined by surveying "record companies, music journalists, music experts, and music fans".
posted at 11:25 am on August 10, 2011 by Ed Morrissey printer-friendly
Reason TV takes a close look at the issue of handgun rights and carry permits in California, one of the few “may-issue” states left in the nation. County sheriffs may issue or deny permits at their discretion, and as the video states, they don’t usually approve applications from most law-abiding citizens. That forces people like Sam Wolanyk to carry unloaded weapons openly, which has the state legislature in a lather — and people debating the nature of the Constitutional right to keep and bear arms, or in this case, bare arms
As most Hot Air readers know, I have a carry permit in Minnesota, although even some people in this state don’t realize that the permit doesn’t restrict me to concealed carry. I can open-carry if I like. Normally, I don’t like, although I support those who do. To me, open carry is unnecessarily provocative, plus it marks me as a primary target if, God forbid, I end up in a dangerous situation where it becomes an issue. Police officers carry openly because it’s part of their job, and if carry permit training teaches anything valuable (it teaches many valuable lessons, of course), it’s that a carry permit is not a Junior G-Man badge. I have it for my own personal safety, for specific as well as general reasons.
I’d take an even dimmer view of open carry of unloaded weapons — an unloaded gun provides all the provocation with none of the immediate defense capacity — but in this case, it’s instructive. The state of California wants to ban a practice that presents no immediate threat, conducted by law-abiding citizens with no record, that has produced no shooting incidents. Anti-gun advocates would rather waste time on this than, say, solving the massive budgetary and debt problems the state faces, as well as solving the problem by allowing law-abiding citizens to get concealed-carry permits with a “must-issue” law.
This reaches the point of absurdity near the end of the video, when the author of a bill to ban open carry of unloaded weapons,Assemblyman Anthony Portantino, tells Reason TV that the purpose of the 2nd Amendment is to protect property — which doesn’t include the person himself. That’s actually backwards, even under existing lethal-force-in-self-defense laws. People are not permitted to use lethal force to protect property in California, or Minnesota either, with or without carry permits. (Neither can the police, by the way.) They can only use lethal force of any kind when faced with an immediate threat in which a reasonable person fears for their own life or of “great bodily harm,” which roughly means losing a limb or an eye, not just getting beaten up. All the carry permit allows is the ability to have the lethal force at hand if that situation arises; it doesn’t exempt the permit holder from laws defining lethal force in self-defense. In most cases, and certainly in Minnesota, those laws require a victim to retreat first if possible rather than using the lethal force, sometimes even in their own homes.
It seems that Portantino doesn’t even understand current law in his own state. Why should Californians trust him to amend it in ways that reduce their ability to defend themselves?
Addendum (previously published but still applicable): My late friend Joel Rosenberg literally wrote the book on carry licensing in Minnesota, The Carry Book: Minnesota Edition. Unfortunately Joel passed away before he could complete an edition that looked at the issue nationally, but even if you’re not in Minnesota, there is a ton of good advice for those who want to pursue carry licenses and handle firearms. My particular favorite chapter of the book is titled, “Cowardice 201: A PhD Seminar in Advanced Staying Out of Trouble,” in which Joel reveals that the true secret of karate is to run faster than everyone else. Self-defense starts with keeping out of situations where you will likely find yourself threatened. Joel’s book is a sobering read, literally and figuratively
posted at 1:00 pm on July 24, 2011 by Tina Korbe printer-friendly
Tim Pawlenty’s campaign manager yesterday sent out an e-mail outlining Pawlenty’s accomplishments and assuring supporters that the former Minnesota governor’s fan club will continue to grow, while enthusiasm for other candidates — most implicitly, Michele Bachmann — will fade.
“In 2008, voters elected a member of Congress with no executive experience. We can’t afford the cost of inexperience any longer, and Iowans are getting that,” Ayers wrote. “[A]s more Republican primary voters start to tune in to the race, they are finding out that the governor’s record and message will stand the test [of] a brutal campaign. Other candidates’ records (or lack thereof), and plans for the future (or lack thereof) won’t.”
Even though Ayers never mentions Bachmann by name, it’s clear she’s the primary object of his statements.
Pawlenty’s persistent picking at Bachmann has drawn so much press attention that some even questioned whether the Pawlenty campaign planted the story of Bachmann’s supposedly “incapacitating” migraines. The Washington Post’s Jennifer Rubin explains how that insinuation — and the Pawlenty campaign’s failure to completely dispense with it — continues to plague Pawlenty’s prospects:
In essence, the campaign’s defense is that they let the press run with a story without effectively rebutting it. If that is the case, and there is no definitive proof at this point to suggest otherwise, this will only multiply concerns that Pawlenty’s campaign is not firing on all cylinders. In any event, the issue has now created another worrisome distraction for Pawlenty, who has failed to make a dent in the polls and needs to finish near the top of the pack in Ames.
Meantime, Bachmann’s own handling of the headache issue has actually served her well. This weekend, she even slipped in a witty quip about her “condition” during an Iowa appearance:
Michele Bachmann went beyond her prepared statement about her migraines during an Iowa appearance today, making a joke about the story that dominated the 2012 coverage for much of last week:
“This week, they were talking about me and headaches. All I want you to know is I’ve been giving a lot more headaches in Washington than I’ve been getting,” she joked to laughter and raucous applause. … “And as president of the United States, I intend to give those big power brokers a lot more headaches, because we’re going to give the country back to you.”
Pawlenty’s persevering criticisms of a competitor continue to betray insecurity. Ed eloquently defended candidates’ rights to question their competitors’ records — and I initially conceded Bachmann’s migraines to be a legitimate cause for concern (at least until her doctor settled the issue definitively) and praised T-Paw’s common-sense quote about the requirements of the presidency — but, at this point, if I were Pawlenty, I would steer as far away from any mention of Bachmann — explicit or implicit — as I could manage. He doesn’t appear to be hurting Bachmann, but he is denting the best shield he has against attacks against him: His reputation as a stand-up guy who’s running on his own merits, not money or a popular image. He’s at his best when he talks policy, not petty quibbles.
President Obama is under attack these days from all manner of nasty conservatives who don’t care for his liberal, big spending ways. They seem to have found an unlikely ally, though, in the person of the only officially declared socialist in Congress… Bernie Sanders. (Emphasis in original.)
SANDERS: Brian, believe me, I wish I had the answer to your question. Let me just suggest this. I think there are millions of Americans who are deeply disappointed in the president; who believe that, with regard to Social Security and a number of other issues, he said one thing as a candidate and is doing something very much else as a president; who cannot believe how weak he has been, for whatever reason, in negotiating with Republicans and there’s deep disappointment. So my suggestion is, I think one of the reasons the president has been able to move so far to the right is that there is no primary opposition to him and I think it would do this country a good deal of service if people started thinking about candidates out there to begin contrasting what is a progressive agenda as opposed to what Obama is doing. [...] So I would say to Ryan [sic] discouragement is not an option. I think it would be a good idea if President Obama faced some primary opposition.
It’s hard to say how much impact this will have, because traditionally Sanders hasn’t enjoyed a tremendous amount of influence outside his own state. But it is a sign of growing discontent with the political arm of his party. For better or worse, Obama is offering up some spending cuts which will effectively take the legs out from under most of the advertisements congressional Democrats are planning on running next year.
It’s difficult to talk about “Republicans destroying Medicare and Social Security as we know it” during the campaign if the titular leader of your party has just forced a vote on you to cut it yourself. It’s even tougher to talk about the need to “tax the rich” so everyone can “pay their fair share” if your President cuts deals to enact even bigger tax cuts than his predecessor. (Cuts which he already signed on to extending.)
Sanders can’t very well run against Obama himself in a primary since he’s not a registered Democrat. (Though, in theory, he could sign up at any time this year and still do it.) I suppose he’s expecting an actual Democrat to step up to the plate and do it for the sake of stopping Obama from running to the middle in a Clinton like move to secure a second term. Even so, given the President’s currently tanking numbers, I don’t expect a long line of Democratic leaders to step up and attempt this.
posted at 3:10 pm on July 22, 2011 by Ed Morrissey printer-friendly
CNN’s latest look at the Republican primary fight shows a big move being made by the man who hasn’t made his big move yet. Mitt Romney remains in first place at 16%, but only within the margin of error, as a group of speculative candidates have crowded right behind him. Texas Governor Rick Perry finishes second with 14%, and that’s not all:
As Texas Gov. Rick Perry comes closer to jumping into the race for the White House, he’s also close to the top of a new national survey in the battle for the GOP presidential nomination.
A CNN/ORC International Poll released Friday indicates that 14% of Republicans and independents who lean toward the GOP pick Perry as their first choice for their party’s nomination, just two points behind former Massachusetts Gov. Mitt Romney, who’s making his second bid for the White House.
Romney’s two point margin over Perry is within the survey’s sampling error.
Right behind Perry come Sarah Palin and Rudy Giuliani, both at 13% and both within the MOE, too. None of these close finishers have actually declared a candidacy, which means that 40% of survey respondents not only are dissatisfied with the current lineup, they’ve picked non-candidates in their stead. That’s not good news for Romney, whose high profile from the 2007-8 campaign means that the problem isn’t a lack of familiarity with the electorate. Only 14% declare themselves “very satisfied” with the field, less than half of those who are either not very satisfied or not satisfied at all with the field (34%).
Bachmann finishes at 12%, the last candidate in double digits. Tim Pawlenty only gets 3% of the survey respondents’ endorsement, falling behind Ron Paul, Herman Cain, and Newt Gingrich, which puts a lot of pressure on Pawlenty to score big in next month’s Ames straw poll. Curiously, when Rick Perry gets removed from the list of choices, Bachmann scores best, picking up three points to finish tied for second with Palin at 15%.
Among independents, there are some surprising results. Mitt Romney finishes third at 12%, where Giuliani and Perry tie for second at 14% — and Bachmann wins at 15%. Bachmann comes in third among self-professed conservatives at 13%, with Romney beating her at 16%, but getting edged by Perry at 17%. Among both groups, Palin comes in fourth place. Not surprisingly, Perry wins the South handily, 21% to the 13% for Romney and, er, Giuliani? Romney and Giuliani also tie for first in the suburban demographic at 14%, with Perry close behind at 13%.
Clearly, Perry will be a force if and when he enters the race. If he’s the last person in, he may find even wider support, because right now it appears that Republicans are still holding their breath.
posted at 7:20 pm on July 21, 2011 by Ed Morrissey printer-friendly
Tina touched on this in the previous post, but it’s important enough to look into the numbers. Harry Reid might consider the Cut, Cap, and Balance Act the worst piece of legislation in the history of, well, legislation, but he doesn’t get much company among American adults. In the latest CNN poll, two-thirds of voters favor the idea of tying a raise in the debt ceiling to spending caps and a balanced budget amendment, and this isn’t a survey of conservative-leaning likely voters, either. However, if you expect the CNN story about its own poll to highlight this result, then you obviously haven’t been reading CNN long (via Poor Richard’s News):
Americans are hungry for a solution to the debt ceiling debate but there is a big partisan divide that isn’t going to make a solution easy to achieve, according to a new national survey.
And a CNN/ORC International Poll also indicates that while Democrats and independent voters are open to a number of different approaches, Republicans draw the line at tax increases, and many of them oppose raising the nation’s debt ceiling under any circumstances.
“That may create a problem for the Republican party, because most Americans think that GOP has been acting irresponsibly in the debt ceiling talks and they will blame congressional Republicans, not President Barack Obama, if no action is taken on the debt ceiling by August 2,” says CNN Polling Director Keating Holland.
One has to go thirteen paragraphs into the story to find CNN addressing this at all:
Republicans like the “cut, cap, and balance” approach to the debt ceiling, as do Democrats and independents. Most Americans support a balanced budget amendment, and most, but not as many, think an amendment is necessary to get federal spending under control. A balanced budget amendment passed the House earlier this week, but a vote in the Senate is expected to fail.
Er, yeah. In other words, a consensus exists across all political lines that the CCB/BBA approach would be a good idea. When one scrolls down to the crosstab sections of the raw data, the consensus becomes very, very clear. The CCB/BBA approach wins majorities in every single demographic — including self-described liberals. Sixty-three percent of Democrats back the House bill. The least supportive age demographic is 50-64YOs at 62/37; the least supportive regional demographic is the Midwest at 61/39. Even those who express opposition to the Tea Party supports it 53/47.
In other words, it’s a clean sweep. Simply put, there is no political demographic at all where the CCB/BBA doesn’t get majority support. The BBA on its own does even better. It gets 3-1 support (74/24), and except for those Tea Party opponents (56%) and self-professed liberals (61/37), doesn’t get below 70% support in any demographic.
Guess what doesn’t get much support? The McConnell plan. Respondents rejected the idea of letting Obama raise the debt ceiling on his own, 34/65. Not one single demographic supports the idea, not even Democrats (40/60) or liberals (34/65).
To quote Barack Obama, the American people are sold — on the Republican plan passed in the House to deal with the debt-ceiling and spending crises. Too bad CNN buried the lede.
posted at 7:40 pm on July 22, 2011 by Tina Korbe printer-friendly
This morning, Politico reported in its mass “Huddle” e-mail that House Republican leadership kicked one freshman Congressman — Arizona Rep. David Schweikert — off the whip team for supposedly switching his vote on an unspecified piece of legislation. Actually, a source close to Schweikert’s office says, that’s not quite accurate.
This is what the Politico e-mail said:
HUDDLE SCOOP: FROSH KICKED OFF WHIP TEAM – Rep. David Schweikert, a freshman from Arizona, was removed from the Republican whip team — the group of lawmakers who help round up votes for the leadership — for what sources say is a violation of the first rule of the whip club. The rule: Don’t promise to vote one way and then vote the other way. Sources declined to specify which vote cost Schweikert his seat at the table, but he did vote ‘no’ on the Energy and Water Appropriations bill last Friday. Chief Deputy Whip Peter Roskam pointed Huddle to Majority Whip Kevin McCarthy’s office when asked about the episode. ‘This is a whip team family issue,” McCarthy spokeswoman Erica Elliott said.
It’s true Schweikert — ranked one of the most conservative freshmen in the House — has disagreed with leadership on various issues. And he did feel unwelcome on the whip team, the source says, but the decision to leave was ultimately his.
“He’s been pretty clear and pretty adamant that nobody can buy his vote, so he was a little frustrated with the way leadership asked him to vote on certain occasions,” the source said. “So, he decided it would be best for him to step out and leave the whip team because he couldn’t align with them in certain areas. In no way, shape or form did leadership kick him out, but they made it a pretty inhospitable environment for him to actually vote his conscience and not buy his vote on the whip team. He still supports top leadership.”
Schweikert will also still remain an involved freshman. He’s the vice chairman of the Capital Markets and Government Sponsored Enterprises Subcommittee of Financial Services and he’s been “working night and day on reforming GNCs,” as well as on efforts to reform the Dodd-Frank financial regulation legislation (itself supposedly a reform bill!).
He’s also focused on ensuring the best possible outcome of the debt negotiations. Even after the Senate failed Cut, Cap and Balance, Schweikert supports it as the House plan.
“He is focused solely on Cut, Cap and Balance,” the source said. “He hopes he can still play a role in working with leadership and other freshmen that want to get the message out that the Democrats have misled the American people and the president has no plan for the country.”
Nicole Faria with her elemental court and Carousel Productions executives at Monday’s Miss Earth 2011 press conference held at Kirimaya Golf Resort & Spa hotel in Nakhon Ratchasima, Thailand.
Vasuki Sunkavalli was crowned Miss Universe India 2011 or I Am She 2011 on Friday July 15, 2011 in Mumbai. She is 26-year-old and stands 1.73 m. She will represent India in Miss Universe 2011 pageant.
Vasuki Sunkavalli was crowned Miss Universe India 2011 or I Am She 2011 on Friday July 15, 2011 in Mumbai. She is 26-year-old and stands 1.73 m. She will represent India in Miss Universe 2011 pageant.
Name: Ogura Yuko (小倉優子) Nickname: Yukorin (ゆうこりん) Born: November 1, 1983 in Mobara, Chiba, Japan Blood Type: B Height: 162cm Measurements Bust: 80cm Waist: 56cm Hips: 83cm Talent: Piano, flute, swimming, impersonations Yuko Ogura (小倉 優子) is a Japanese idol and model who typically aims for the cute, innocent schoolgirl look. In Japan, she is mostly called by her nickname Yūkorin (ゆうこりん?).
Ogura regularly, if not entirely seriously, claims to be one "Princess Apple-Momoka" (りんごももか姫) of the apple-shaped planet Korin (こりん星). This is apparently an in-joke dating back to her middle school days. Having an alternate name was trendy at one point, and one of her friends told her that she looked like a Momoka. She liked the name and still uses it today.
She is known outside of Japan for her song "Onna no Ko / Otoko no Ko" (オンナのコ・オトコのコ: Girls・Boys?) which is the ending theme of the anime School Rumble.
Name: Ogura Yuko (小倉優子) Nickname: Yukorin (ゆうこりん) Born: November 1, 1983 in Mobara, Chiba, Japan Blood Type: B Height: 162cm Measurements Bust: 80cm Waist: 56cm Hips: 83cm Talent: Piano, flute, swimming, impersonations Yuko Ogura (小倉 優子) is a Japanese idol and model who typically aims for the cute, innocent schoolgirl look. In Japan, she is mostly called by her nickname Yūkorin (ゆうこりん?).
Ogura regularly, if not entirely seriously, claims to be one "Princess Apple-Momoka" (りんごももか姫) of the apple-shaped planet Korin (こりん星). This is apparently an in-joke dating back to her middle school days. Having an alternate name was trendy at one point, and one of her friends told her that she looked like a Momoka. She liked the name and still uses it today.
She is known outside of Japan for her song "Onna no Ko / Otoko no Ko" (オンナのコ・オトコのコ: Girls・Boys?) which is the ending theme of the anime School Rumble.
