Obama: “I’ve Got Another Five YearsComing Up”

Obama: “I’ve Got Another Five Years Coming Up�

AFP February 23, 20112 US President Barack Obama made no bones about his chances of reelection in an interview with 1. America's largest Hispanic radio service, saying: "I've got another five years coming up."

Quizzed by Univision's Eddie "Piolin" Sotelo about his failure to enact comprehensive immigration reform, Obama replied: "Well, first of all, Piolin, my presidency is not over.

"I've got another five years coming up. We're going to get this done," he continued, according to a transcript of the interview, which was conducted on Tuesday and broadcast on Univision Radio on Wednesday.

The remarks, coming as Republican hopefuls become increasingly drawn into a long and bitter nomination battle, and as the US economy shows signs of sputtering back into life, marked a big turnaround from October when Obama said he would "absolutely" be the underdog in the November 2012 election.

With Hispanic voters making up vital constituencies in battleground states such as Arizona, Colorado and Florida, Obama has insisted that it is Republicans in Congress who are preventing him from a major push behind a comprehensive immigration policy overhaul.

"Immigration reform is something that we still have to get done and as I've told you since before I was elected president, the only way we're going to get this done fully is by getting

Congress to do its job," Obama was quoted as saying. "Unfortunately, the Republican side, which used to at least give lip service to immigration reform, now they've gone completely to a different place, and have shown themselves unwilling to talk at all about any sensible solutions to this issue, and we're going to have to just keep up the pressure until they act." Obama's reelection campaign has previously blasted his most likely Republican opponent, former Massachusetts governor Mitt Romney, over his tough talk against the estimated 11 million undocumented immigrants in the country. Romney had vowed to veto a law that would offer permanent residency for skilled but undocumented migrants who graduated from US schools or took part in military service. Romney has sided with party hardliners to advocate a plan that would see undocumented immigrants removed from US soil even if it means breaking up families. Obama's approval rating hit the crucial 50 percent level in two new surveys last week. Among his possible Republican challengers in November, Romney and former senator Rick Santorum come closest to beating him in the latest opinion polls, but still trail the president by an average six to seven percentage points.

I DON’T THINK AMERICA CAN HANDLE 5 MORE YEARS OF THE PIECE OF TRASH NOBAMA THIS NEW WORLD ORDER SCUMBAG HAS GOT TO GO THE TYRANNY HE HAS BROUGHT TO AMERICA HAS NOT BEEN SEEN SINCE THE LIKES OF HITLER IN 2012 HE’S GOT TO GET VOTED OUT!!!!!!!!!!!!!!!

The Obama Deception http://www.youtube.com/watch?v=eAaQNACwaLw

Fall of the Republic http://www.youtube.com/watch?v=VebOTc-7shU

EndGame Blue Print to Global Enslavement http://www.youtube.com/watch?v=x-CrNlilZho&ob=av3e

U.S. Army prepares to invade U.S. NDAA http://www.youtube.com/watch?v=JEywLfj2njg

Bailed Out AIG Posts Huge “Beat” On Tax Gimmick, Will Avoid Paying Taxes For Years Zero Hedge February 23, 20112 AIG just conducted a two-fold master class of i) how to confuse Wall Street of having “superb” earnings, and ii) how to avoid paying any corporate taxes for years to come. Because as part of the company’s just announced massive $19.8 billion profit, a whopping $17.8 billion was nothing short of the oldest tax accounting gimmick in the book – the release of a valuation allowance (i.e., deferred tax liability vs deferred tax asset conversion). In other words, apples to apples, the real Net Income attributable to shareholders was not $19.8 billion but realistically $2 billion, which would compare to last year’s $11.2 billion if only it was not for a $13.5 billion gain on divested business posted in Q4 2011, when the company again was fudging numbers like a drunken sailor. Anyway, we are confident even the algos will figure it out eventually. But the real slap in the face coming from this bailed out company is that as a result of this accounting change,AIG will essentially not pay any taxes for years to come, most likely until its next insolvency.

Reuters explains: “Bailed-out insurer American International Group reported a profit of $19.8 billion for the fourth quarter, after an accounting determination that it is likely to post future profits let it release the value of some tax benefits. The move essentially means AIG will not pay tax on tens of billions of dollars of income in the coming years, thanks to benefits that stem from its financial crisis-era losses.” In other words, the company that is still primarily held by the Treasury, i.e., America’s taxpayers, has just repaid its generous bailout provider by halting all tax payments on future profits, courtesy of some

bespectacled tax accountant in some dark room agreeing that AIG can now use its NOL carryforward in perpetuity, as the firm is now “viable.”

And that is how corporate cronysim thrives in what what is without a doubt the world’s most laughable banana republic (after Bavaria Sachs of course).

From Reuters: AIG said in the third quarter that its results in the fourth quarter would determine whether it could release a so-called valuation allowance against the tax assets. Having determined it is more likely than not to be consistently profitable in the future, it released most of the allowance in the quarter. Some of the allowance, related to the company’s life insurance business, was not released, a recognition that future profits are not as immediately certain there.

And from the company itself: Net income reflected a U.S. consolidated income tax group deferred tax asset valuation allowance release of $17.7 billion for the quarter and $16.6 billion for full year 2011. As previously disclosed, AIG established a framework for assessing the recoverability of its deferred tax assets. Based on the application of this framework, AIG concluded that it is more likely than not that a substantial portion of the deferred tax assets of the U.S. consolidated income tax group will be realized, and therefore released the valuation allowance equal to that portion in the fourth quarter 2011.

But at least the stock is up mildly in the after hours. We dare not even ask how many Italian bonds the insurer was long in the past quarter, and avoided to take marks on courtesy of MTM still being dead in the abovementioned banana republic.

Geoengineering? NASA Says Clouds Are Dropping Lower Stephanie Pappas 1. Live Science February 23, 20112 The sky is falling… sort of. Over the last 10 years, the height of clouds has been shrinking, according to new research.

The time frame is short, but if future observations show that clouds are truly getting lower, it could have an important effect on global climate change. Clouds that are lower in the atmosphere would allow Earth to cool more efficiently, potentially offsetting some of the warming caused by greenhouse gases.

“We don’t know exactly what causes the cloud heights to lower,” study researcher Roger Davies of the University of Auckland in New Zealand said in a statement. “But it must be due to a change in the circulation patterns that give rise to cloud formation at high altitude.”

Clouds are a wildcard in understanding Earth’s climate. Ephemeral as they are, they’re difficult to track over time, and factors such as height and location make a big difference in whether clouds will slow the effects of global warming or exacerbate them. And no one fully understands how clouds will respond to a warming climate.

Full story here.

What in the World Are They Spraying? VIDEO BELOW http://www.youtube.com/watch?v=jf0khstYDLA