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The Obamagood Thread

still going strong, POTUS!! :D

IrezumiKiss said:
http://www.gannett-cdn.com/-mm-/2516554966cde7c9afefe65bfc2c180c19f08786/c=226-0-3773-2667&r=x404&c=534x401/local/-/media/2015/11/17/USATODAY/USATODAY/635833708653665886-BLM-HESS-EARNS-77071220.JPG

Gas prices to fall below $2 for Thanksgiving

Nathan Bomey, USA TODAY 11:43 a.m. EST November 23, 2015

Thanksgiving travelers will pay less for gasoline than they have in more than a decade.

The average price of unleaded gasoline is expected to hit $1.99 on Thanksgiving, GasBuddy.com analysts reported.

That's the lowest it's been for Turkey Day since 2004, said Tom Kloza, global head of energy analysis for Oil Price Information Service.

Right now the average is $2.072, Kloza said, but it's fall. At that level, nearly 60% of U.S. gas stations are already selling gas for less than $2.

“We had lower prices in 2008 and 2009 but not for Thanksgiving,” Kloza said. “The cheapest markets are in the Great Lakes states. Ohio, Michigan, Illinois — very, very cheap gas there.”

Gas prices are down from $2.81 a year ago, according to GasBuddy.

Bad news for energy producers is good news for consumers.

The global energy industry is facing a massive surplus in oil production, which has led many oil companies to shed thousands of jobs and slash investment plans.

But U.S. producers have continued pumping oil even as the Organization of the Petroleum Exporting Countries (OPEC) maintains production a high rate. That has depressed prices.

“This is a glut of crude,” Kloza said. “It’s a glut everywhere you look.”

The typical U.S. driver will save roughly $75 on the road in the 40-day peak shopping season leading up to Christmas, compared to recent averages, Kloza said.

“I don’t know what he or she is going to spend it on, but it’s a substantial amount of money,” he said.

It's especially good news for the millions of travelers who will hit the road this week. Some 67% of Thanksgiving travelers plan to drive more than 200 miles, GasBuddy reported.

For months, retail gasoline prices have remained higher than analysts would typically expect considering rock-bottom oil prices. With oil prices hovering in the $40 to $50 per barrel range for several months, gas has remained in the low $2 range for several months.

Analysts say the price of gas depends on many factors, including refinery costs, distribution and blends.

But the drop below $2 indicates that retail prices are finally catching up with crude prices.

http://www.usatoday.com/story/money/cars/2015/11/23/gasoline-prices-thanksgiving-gas-prices/76254792/

#ThisIsHowYouPOTUS
Click to expand...
 
Keep it going, POTUS!!! :D

IrezumiKiss said:
http://www.gannett-cdn.com/-mm-/2516554966cde7c9afefe65bfc2c180c19f08786/c=226-0-3773-2667&r=x404&c=534x401/local/-/media/2015/11/17/USATODAY/USATODAY/635833708653665886-BLM-HESS-EARNS-77071220.JPG

Gas prices to fall below $2 for Thanksgiving

Nathan Bomey, USA TODAY 11:43 a.m. EST November 23, 2015

Thanksgiving travelers will pay less for gasoline than they have in more than a decade.

The average price of unleaded gasoline is expected to hit $1.99 on Thanksgiving, GasBuddy.com analysts reported.

That's the lowest it's been for Turkey Day since 2004, said Tom Kloza, global head of energy analysis for Oil Price Information Service.

Right now the average is $2.072, Kloza said, but it's fall. At that level, nearly 60% of U.S. gas stations are already selling gas for less than $2.

“We had lower prices in 2008 and 2009 but not for Thanksgiving,” Kloza said. “The cheapest markets are in the Great Lakes states. Ohio, Michigan, Illinois — very, very cheap gas there.”

Gas prices are down from $2.81 a year ago, according to GasBuddy.

Bad news for energy producers is good news for consumers.

The global energy industry is facing a massive surplus in oil production, which has led many oil companies to shed thousands of jobs and slash investment plans.

But U.S. producers have continued pumping oil even as the Organization of the Petroleum Exporting Countries (OPEC) maintains production a high rate. That has depressed prices.

“This is a glut of crude,” Kloza said. “It’s a glut everywhere you look.”

The typical U.S. driver will save roughly $75 on the road in the 40-day peak shopping season leading up to Christmas, compared to recent averages, Kloza said.

“I don’t know what he or she is going to spend it on, but it’s a substantial amount of money,” he said.

It's especially good news for the millions of travelers who will hit the road this week. Some 67% of Thanksgiving travelers plan to drive more than 200 miles, GasBuddy reported.

For months, retail gasoline prices have remained higher than analysts would typically expect considering rock-bottom oil prices. With oil prices hovering in the $40 to $50 per barrel range for several months, gas has remained in the low $2 range for several months.

Analysts say the price of gas depends on many factors, including refinery costs, distribution and blends.

But the drop below $2 indicates that retail prices are finally catching up with crude prices.

http://www.usatoday.com/story/money/cars/2015/11/23/gasoline-prices-thanksgiving-gas-prices/76254792/

#ThisIsHowYouPOTUS
Click to expand...
 
Way to go, POTUS!!! :D

IrezumiKiss said:
http://www.gannett-cdn.com/-mm-/2516554966cde7c9afefe65bfc2c180c19f08786/c=226-0-3773-2667&r=x404&c=534x401/local/-/media/2015/11/17/USATODAY/USATODAY/635833708653665886-BLM-HESS-EARNS-77071220.JPG

Gas prices to fall below $2 for Thanksgiving

Nathan Bomey, USA TODAY 11:43 a.m. EST November 23, 2015

Thanksgiving travelers will pay less for gasoline than they have in more than a decade.

The average price of unleaded gasoline is expected to hit $1.99 on Thanksgiving, GasBuddy.com analysts reported.

That's the lowest it's been for Turkey Day since 2004, said Tom Kloza, global head of energy analysis for Oil Price Information Service.

Right now the average is $2.072, Kloza said, but it's fall. At that level, nearly 60% of U.S. gas stations are already selling gas for less than $2.

“We had lower prices in 2008 and 2009 but not for Thanksgiving,” Kloza said. “The cheapest markets are in the Great Lakes states. Ohio, Michigan, Illinois — very, very cheap gas there.”

Gas prices are down from $2.81 a year ago, according to GasBuddy.

Bad news for energy producers is good news for consumers.

The global energy industry is facing a massive surplus in oil production, which has led many oil companies to shed thousands of jobs and slash investment plans.

But U.S. producers have continued pumping oil even as the Organization of the Petroleum Exporting Countries (OPEC) maintains production a high rate. That has depressed prices.

“This is a glut of crude,” Kloza said. “It’s a glut everywhere you look.”

The typical U.S. driver will save roughly $75 on the road in the 40-day peak shopping season leading up to Christmas, compared to recent averages, Kloza said.

“I don’t know what he or she is going to spend it on, but it’s a substantial amount of money,” he said.

It's especially good news for the millions of travelers who will hit the road this week. Some 67% of Thanksgiving travelers plan to drive more than 200 miles, GasBuddy reported.

For months, retail gasoline prices have remained higher than analysts would typically expect considering rock-bottom oil prices. With oil prices hovering in the $40 to $50 per barrel range for several months, gas has remained in the low $2 range for several months.

Analysts say the price of gas depends on many factors, including refinery costs, distribution and blends.

But the drop below $2 indicates that retail prices are finally catching up with crude prices.

http://www.usatoday.com/story/money/cars/2015/11/23/gasoline-prices-thanksgiving-gas-prices/76254792/

#ThisIsHowYouPOTUS
Click to expand...
 
Keep it going, Bam! :D

IrezumiKiss said:
http://www.gannett-cdn.com/-mm-/2516554966cde7c9afefe65bfc2c180c19f08786/c=226-0-3773-2667&r=x404&c=534x401/local/-/media/2015/11/17/USATODAY/USATODAY/635833708653665886-BLM-HESS-EARNS-77071220.JPG

Gas prices to fall below $2 for Thanksgiving

Nathan Bomey, USA TODAY 11:43 a.m. EST November 23, 2015

Thanksgiving travelers will pay less for gasoline than they have in more than a decade.

The average price of unleaded gasoline is expected to hit $1.99 on Thanksgiving, GasBuddy.com analysts reported.

That's the lowest it's been for Turkey Day since 2004, said Tom Kloza, global head of energy analysis for Oil Price Information Service.

Right now the average is $2.072, Kloza said, but it's fall. At that level, nearly 60% of U.S. gas stations are already selling gas for less than $2.

“We had lower prices in 2008 and 2009 but not for Thanksgiving,” Kloza said. “The cheapest markets are in the Great Lakes states. Ohio, Michigan, Illinois — very, very cheap gas there.”

Gas prices are down from $2.81 a year ago, according to GasBuddy.

Bad news for energy producers is good news for consumers.

The global energy industry is facing a massive surplus in oil production, which has led many oil companies to shed thousands of jobs and slash investment plans.

But U.S. producers have continued pumping oil even as the Organization of the Petroleum Exporting Countries (OPEC) maintains production a high rate. That has depressed prices.

“This is a glut of crude,” Kloza said. “It’s a glut everywhere you look.”

The typical U.S. driver will save roughly $75 on the road in the 40-day peak shopping season leading up to Christmas, compared to recent averages, Kloza said.

“I don’t know what he or she is going to spend it on, but it’s a substantial amount of money,” he said.

It's especially good news for the millions of travelers who will hit the road this week. Some 67% of Thanksgiving travelers plan to drive more than 200 miles, GasBuddy reported.

For months, retail gasoline prices have remained higher than analysts would typically expect considering rock-bottom oil prices. With oil prices hovering in the $40 to $50 per barrel range for several months, gas has remained in the low $2 range for several months.

Analysts say the price of gas depends on many factors, including refinery costs, distribution and blends.

But the drop below $2 indicates that retail prices are finally catching up with crude prices.

http://www.usatoday.com/story/money/cars/2015/11/23/gasoline-prices-thanksgiving-gas-prices/76254792/

#ThisIsHowYouPOTUS
Click to expand...
 
https://pbs.twimg.com/media/CVVj_k7WEAA8J8R.jpg

Obama Praises 'Historic Step Forward' Of Allowing Women In All Combat Roles

Mollie Reilly
Deputy Politics Editor, The Huffington Post
1 hour ago

President Barack Obama commended Defense Secretary Ash Carter for taking the "historic step forward" of ordering the military to open all combat roles to women.
"Our armed forces will draw on an even wider pool of talent. Women who can meet the high standards required will have new opportunities to serve," Obama wrote in a statement Thursday. "Together, we're going to make sure our military remains the finest fighting force in the history of the world, worthy of all our patriots who serve -- men and women."

Beginning in 2016, women will be eligible to serve in all combat jobs, opening up 213,600 male-only positions in 52 different specialties, including elite special operations units.

Carter vowed "there will be no exceptions" to the inclusive policy.

"To succeed in our mission of national defense, we cannot afford to cut ourselves off from half the country’s talents and skills," he said Thursday.

Read Obama's full statement below:

One of the qualities that makes America's armed forces the best in the world is that we draw on the talents and skills of our people. When we desegregated our military, it became stronger. In recent years, we ended "Don't Ask, Don't Tell" and allowed gay and lesbian Americans to serve openly -- and it's made our military stronger. Over recent decades, we've opened about 90 percent of military positions to women who time and again have proven that they, too, are qualified, ready and up to the task. In the wars in Afghanistan and Iraq, our courageous women in uniform have served with honor, on the front lines -- and some have given their very lives.

Today, the Defense Department is taking another historic step forward by opening up the remaining 10 percent of military positions, including combat roles, to women. As Commander in Chief, I know that this change, like others before it, will again make our military even stronger. Our armed forces will draw on an even wider pool of talent. Women who can meet the high standards required will have new opportunities to serve. I know that, under the leadership of Secretary Carter and Chairman Dunford, our men and women in uniform will implement this transition -- as they have others -- in a responsible manner that maintains military readiness and the unparalleled professionalism and strength of our armed forces. Together, we're going to make sure our military remains the finest fighting force in the history of the world, worthy of all our patriots who serve -- men and women.

http://www.huffingtonpost.com/entry/obama-women-in-military_5660be3ae4b08e945feec39e?ncid=tweetlnkushpmg00000016&section=politics
 
https://pbs.twimg.com/media/CVVCIlOUEAA_KVR.jpg

Obama To Cancel Debts Owed By Defrauded For-Profit College Students

The Education Department will cancel over $27.8 million of federal student loans owed by more than 1,300 former students at Heald College.

Shahien Nasiripour
Chief Financial and Regulatory Correspondent, The Huffington Post
5 hours ago | Updated 7 minutes ago

The U.S. Department of Education will cancel $27.8 million in federal student loans owed by some 1,300 former students of defunct for-profit school chain Corinthian Colleges Inc. after determining that the students were swindled into taking on the debt, according to a government report released Thursday.

The move marks the first recent use of a little-utilized provision in federal law that gives student debtors the right to petition the Education Department to discharge their debt in cases where they were defrauded into taking out loans.

The debt forgiveness plan only affects 1 percent of the roughly 125,000 student debtors who are eligible for expedited debt cancellation. That comes to about 2 percent of the students' nearly $1.3 billion in combined loan balances. The department said in June and November that those borrowers were eligible for immediate loan relief after determining that Corinthian had likely defrauded the former students by advertising false job placement rates.

Affected borrowers will begin to learn on Friday about the Obama administration’s move to cancel their debts, the department said.

Borrower advocates on Thursday criticized the department, led by Secretary Arne Duncan, for the paltry number of approved debt relief applications and the relatively small number of applications the department has received, compared to the number of eligible borrowers.

The department had received fewer than 6,700 applications as of Nov. 18, according to its report. By comparison, Massachusetts Attorney General Maura Healey on Nov. 30 urged Duncan to cancel debts owed by about 7,200 borrowers who attended Corinthian’s schools in her state alone. She sent the department 2,700 pages of confidential evidence from her investigation into Corinthian’s alleged frauds and attestations from former Corinthian students to support their claims for relief.

“The department funneled billions of dollars to executives and shareholders of these fraudulent ‘schools’ for over a decade," said the Debt Collective, a group of activists who have helped organize hundreds of allegedly defrauded student debtors to stop making payments on their loans, in a statement. "It now wants to save face by creating a Rube Goldberg-type contraption to prevent as many people as possible from seeking the relief they deserve."

Denise Horn, an Education Department spokeswoman, said in a statement that department officials "are working as quickly as possible to process claims in a manner that is fair to students and taxpayers." In addition, she said, the department's Federal Student Aid office "has been contacting and will continue to contact potentially impacted student borrowers to provide clear information about their options, including loan discharge applications, in addition to providing enhanced information on the department’s website."

Corinthian, which once operated more than 120 schools with more than 110,000 students across North America under the Everest, Wyotech and Heald brands, filed for bankruptcy in May in the largest failure of a college chain in U.S. history.
Thursday's move comes six months after Education Undersecretary Ted Mitchell said the government would "fast track" applications submitted by students who attended certain programs at Heald College, a primarily California-based career school owned by Corinthian. In April, the Education Department determined that Heald had systematically misled students and accreditation agencies about graduates’ employment rates and had shown a “blatant disregard” for the federal student loan program. Mitchell said in June that some 40,000 Heald students, who collectively owed the Education Department nearly $600 million, were eligible to have their debts canceled.

In November, after being prodded by California Attorney General Kamala Harris, the department said it would expedite claims that could be filed by 85,000 potentially defrauded former Corinthian students who attended the company’s Everest and Wyotech schools in California, or who took classes from Everest's Florida-based online program, after determining that they, too, were likely defrauded by Corinthian’s use of fake job placement rates. Harris sued Corinthian in 2013, alleging that the company lied to its students.

It’s unclear whether the Education Department continues to receive monthly payments from former Corinthian students with outstanding federal student loans who are otherwise eligible to have their debts canceled as a result of Corinthian’s alleged frauds, raising questions as to whether the department is profiting off Americans who needn’t repay fraudulently originated debt.

Horn didn’t answer questions from The Huffington Post about whether the department’s loan contractors are cashing checks from borrowers whom the department has already ruled were likely defrauded -- or whether the department’s loan contractors are actively informing tens of thousands of former Corinthian students that they’re eligible for complete debt forgiveness.

John B. King Jr., who will take over as education secretary when Duncan steps down later this month, said in November that the department’s goal “is to ensure that every eligible student receives every penny of the debt relief they are entitled to as efficiently and easily as possible.”

Still, the number of applications filed by borrowers, and the share of those that have been ruled on, have led to questions from student advocates about the effectiveness of the Education Department's outreach to defrauded students and whether the department is in fact too concerned about the budgetary costs of canceling loans.

The Institute for College Access and Success, a California-based nonprofit normally friendly to the Obama administration, tweeted Thursday that “outreach matters” in pointing out the discrepancy between the number of debt relief applications submitted by Healey, the Massachusetts prosecutor, and the number the Education Department had gathered on its own.

Student advocates hope this is the first of many such cases to be ruled on in the coming months, as the Obama administration will be forced to contend with a slew of applications from former for-profit college students who allege they were duped into enrolling at schools that offered credentials of dubious value yet saddled them with mountains of debt -- a legacy of years of lax oversight of schools by the Education Department under the Bush and Obama administrations.

Just last month, Education Management Corp., the nation’s second-largest operator of for-profit colleges, settled state and federal accusations that it defrauded taxpayers out of at least $11 billion when it allegedly broke federal rules barring bonuses to recruiters based on the number of students they enroll.

While the company, commonly known as EDMC, denied the allegations, prominent lawmakers such as Sen. Elizabeth Warren (D-Mass.) urged Duncan to use the settlement to cancel debts owed by former EDMC students who allegedly were illegally recruited to enroll and take out federal student loans.

In response, the Education Department has said it has no evidence that EDMC students were defrauded. Duncan, whose department regulates EDMC and is supposed to be auditing its practices, said last month that the department is “open for business” if borrowers or others wish to submit evidence of EDMC’s allegedly fraudulent behavior.

http://www.huffingtonpost.com/entry/student-debt-for-profit-colleges_56607635e4b079b2818d7c7a?ncid=tweetlnkushpmg00000067
 
Keep it low, POTUS!! :D

IrezumiKiss said:
http://www.gannett-cdn.com/-mm-/2516554966cde7c9afefe65bfc2c180c19f08786/c=226-0-3773-2667&r=x404&c=534x401/local/-/media/2015/11/17/USATODAY/USATODAY/635833708653665886-BLM-HESS-EARNS-77071220.JPG

Gas prices to fall below $2 for Thanksgiving

Nathan Bomey, USA TODAY 11:43 a.m. EST November 23, 2015

Thanksgiving travelers will pay less for gasoline than they have in more than a decade.

The average price of unleaded gasoline is expected to hit $1.99 on Thanksgiving, GasBuddy.com analysts reported.

That's the lowest it's been for Turkey Day since 2004, said Tom Kloza, global head of energy analysis for Oil Price Information Service.

Right now the average is $2.072, Kloza said, but it's fall. At that level, nearly 60% of U.S. gas stations are already selling gas for less than $2.

“We had lower prices in 2008 and 2009 but not for Thanksgiving,” Kloza said. “The cheapest markets are in the Great Lakes states. Ohio, Michigan, Illinois — very, very cheap gas there.”

Gas prices are down from $2.81 a year ago, according to GasBuddy.

Bad news for energy producers is good news for consumers.

The global energy industry is facing a massive surplus in oil production, which has led many oil companies to shed thousands of jobs and slash investment plans.

But U.S. producers have continued pumping oil even as the Organization of the Petroleum Exporting Countries (OPEC) maintains production a high rate. That has depressed prices.

“This is a glut of crude,” Kloza said. “It’s a glut everywhere you look.”

The typical U.S. driver will save roughly $75 on the road in the 40-day peak shopping season leading up to Christmas, compared to recent averages, Kloza said.

“I don’t know what he or she is going to spend it on, but it’s a substantial amount of money,” he said.

It's especially good news for the millions of travelers who will hit the road this week. Some 67% of Thanksgiving travelers plan to drive more than 200 miles, GasBuddy reported.

For months, retail gasoline prices have remained higher than analysts would typically expect considering rock-bottom oil prices. With oil prices hovering in the $40 to $50 per barrel range for several months, gas has remained in the low $2 range for several months.

Analysts say the price of gas depends on many factors, including refinery costs, distribution and blends.

But the drop below $2 indicates that retail prices are finally catching up with crude prices.

http://www.usatoday.com/story/money/cars/2015/11/23/gasoline-prices-thanksgiving-gas-prices/76254792/

#ThisIsHowYouPOTUS
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