Obama Will Consider Strikes In Syria Against Terror Group – Bloomberg

Rhodes declined to say whether Obama was seeking congressional authorization for additional actions in Syria. The strikes in Iraq were at the invitation of that government. The president is unlikely to get a similar invitation from Syrian President Bashar al-Assad, who Obama has called on to step down and threatened with airstrikes. As weve done against al-Qaeda around the world, well take whatever action is necessary to protect our people, Rhodes said. U.S.
Source: http://www.bloomberg.com/news/2014-08-22/obama-will-consider-strikes-in-syria-against-terror-group.html

Obama to Consider Airstrikes in Syria Against Terror Group – Yahoo Finance

But expanding the airstrikes in Iraq and broadening them to include Syria could mean a lengthy American military commitment in the region that could consume much of Obama’s remaining time in office. “What we should have learned over the past dozen years in that part of the world is that the use of military power is very unpredictable,” said Stephen Walt, a professor of international affairs at Harvard’s John F. Kennedy School of Government. That may be particularly true in Syria, where President Bashar Assad’s government is warring with opposition forces. Unlike in Iraq, the battle lines are more clearly drawn. Syria has a host of military players in close proximity to each other, including free the Islamic State, the al-Qaida-linked Nusra Front, mainstream Western-backed rebels and pro-government forces.
Source: http://abcnews.go.com/Politics/wireStory/obama-faces-tug-military-action-syria-25095885

Obama may seek new funds to battle Islamic State: Senate aide – Yahoo News

as Travelers Get Busted The Islamic State, also known by acronyms such as ISIL, released a video on Aug. 19 of journalist James Foley’s beheading, and declared in an Internet posting that he was executed because of U.S. airstrikes against the group in Iraq that began earlier this month. It wasn’t clear when Foley was killed. U.S.
Source: http://finance.yahoo.com/news/obama-consider-strikes-syria-against-182630705.html

Obama urges renewal of US Export-Import Bank – Quincy Herald-Whig | Illinois & Missouri News, Sports

(AP) – President Barack Obama is trying to rally support for a taxpayer-subsidized bank that he says creates jobs. In his weekly radio and Internet address, Obama urges business owners to lobby Congress to renew the U.S. Export-Import Bank. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products. But it will cease functioning unless Congress renews its charter before October.
Source: http://www.whig.com/story/26352391/obama-urges-renewal-of-us-export-import-bank

Aides to Senate Majority Leader Harry Reid and House Speaker John Boehner were not immediately available for comment. Don Stewart, a spokesman for Senate Republican leader Mitch McConnell, said on Friday: “The administration still hasnt put forward a plan for dealing with the wider threat posed” by the Islamic State. With members of Congress scattered throughout the country during the long summer break, it is difficult to gauge their sentiment for an expanded military campaign against the Islamic State. When Congress returns to Washington on Sept. 8 it will face a series of budget challenges, including whether to provide additional funds to deal with a surge of Central American youths trying to enter the United States illegally. Congress also will try to approve temporary funds to keep the government operating in the fiscal year that begins on Oct.
Source: http://news.yahoo.com/obama-could-seek-funds-battle-islamic-state-senate-203535861.html

Is Obama Heading Toward Airstrikes In Syria? – Cnn.com

And the only way you do that is that you take a cold, steely, hard look at it and get ready.” He refused to rule out the possibility of airstrikes against ISIS targets in Syria. Broad-based approach At the same time, Hagel and Dempsey emphasized that defeating ISIS requires a broad-based approach that includes diplomacy to forge an international coalition and better governance in Iraq and Syria to build public opposition to the extremists. “Political reform will make it harder for (ISIS) to exploit sectarian divisions,” Hagel said. “The United States and the international community will increase support for Iraq in tandem with political progress.” Expanding the military campaign into Syria comes with significant risks for a President who has based his foreign policy on avoiding what he characterizes as reckless interventions of the past, particularly the Iraq War launched by his predecessor in 2003. It would give critics fodder for arguing that Obama’s decision to keep out of the Syrian conflict contributed to the ability of ISIS to grow into the threat it poses today.
Source: http://www.cnn.com/2014/08/22/politics/us-isis-syria/index.html

Obama Urges Renewal of US Export-Import Bank – ABC News

Aug 23, 2014, 6:02 AM ET By DARLENE SUPERVILLE Associated Press President Barack Obama is trying to rally support for a taxpayer-subsidized bank that he says creates jobs. In his weekly radio and Internet address, Obama urges business owners to lobby Congress to renew the U.S. Export-Import Bank. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products.
Source: http://abcnews.go.com/Politics/wireStory/obama-urges-renewal-us-export-import-bank-25095491

Obama urges renewal of US Export-Import Bank, says growing US exports will create jobs | Star Tribune

Export-Import Bank. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products. But it will cease functioning unless Congress renews its charter before October. Some Republican lawmakers who supported the bank in past years now want to put it out of business.
Source: http://www.startribune.com/business/272404031.html

Obama sends White House aides to Ferguson url funeral – Quincy Herald-Whig | Illinois & Missouri News, Sports

The Supreme Court ruled in June that the government can’t force companies like Hobby Lobby to pay forbirthcontrol, sending the administration scrambling for a way to ensure their employees can still getbirthcontrolone way or another at no added cost. The dual decisions mark the Obama administration’s latest effort to address a long-running conflict that has pitted the White House against churches and other religious groups. The dispute has sparked dozens of legal challenges, fueling an election-year debate about whether religious liberty should trump a woman’s access to health care options. “Today’s announcement reinforces our commitment to providing women with access to coverage for contraception, while respecting religious considerations raised by nonprofit organizations and closely held for-profit companies,” said Health and Human Services Secretary Sylvia Burwell. Yet the latest proposals will likely run up against the same objections, because they still enable employees to receive contraception through their health plans one of a range of preventive services required under President Barack Obama’s health care law.
Source: http://www.csmonitor.com/USA/Latest-News-Wires/2014/0823/Obama-offers-new-birth-control-accommodations

Obama: Review military equipment for police | Politics – WCVB Home

But, once in the hands of these departments, it’s “up to local law enforcement to determine how and when and where and under what circumstances they use excess military equipment,” Pentagon spokesman Rear Adm. John Kirby said earlier this week. Ferguson Police Chief Thomas Jackson has defended his force’s actions, saying officers have needed protection and noting that some protesters have thrown fire bombs. Other officials, including Gov. Jay Nixon, have expressed concern about the ramped-up equipment and patrols following the first protests.
Source: http://www.wcvb.com/politics/obama-review-military-equipment-for-police/27698802

Obama offers new birth control accommodations – CSMonitor.com

Johnson is also the secretary for the Cabinet. Also attending will be the deputy director of the White House Office of Public Engagement, Marlon Marshall, and an adviser for the office, Heather Foster. The White House says Marshall is a St. Louis native and attended high school with Brown’s mother. Copyright 2014 The Associated Press.
Source: http://www.whig.com/story/26354746/obama-sends-white-house-aides-to-ferguson-funeral

Obama May Seek New Funds To Battle Islamic State: Senate Aide – Yahoo News

The request came after the United States alleged that Assad had used chemical weapons against civilians. That effort sputtered following British opposition to air strikes and a deep lack of support among U.S. politicians. General Martin Dempsey, chairman of the Joint Chiefs of Staff, told a Pentagon news conference on Thursday that the Pentagon would examine whether additional funds were needed for operations in Iraq in the new fiscal year that begins on Oct. 1.
Source: http://news.yahoo.com/obama-could-seek-funds-battle-islamic-state-senate-203535861.html

Obama to Consider Airstrikes in Syria visit website Against Terror Group – Yahoo Finance

But others say such fears are overstated and insist that the US could take steps that deal heavy blows to IS without getting bogged down in Syria. I think what Dempsey was saying is that you want to get their leadership, and if you want to decapitate these guys, their main headquarters are in Syria, so eventually youd have to hit them there, says Lawrence Korb, a former Pentagon official now at the Center for American Progress (CAP) in Washington. If you had good intel on [the leadership], youd go after them tomorrow, he adds, but thats no more mission creep than going in and trying to rescue James Foley was. Pentagon officials revealed after release of the video showing Mr. Foleys murder that a rescue attempt of him and other kidnapped Americans was made earlier this summer. No captives were found at the site where Special Forces landed. The back-to-back official comments on the strategy for taking on IS suggests that debate is ongoing among administration policymakers, analysts say, and that the president is likely to lay out his thinking and how he plans to use what Dempsey calls a variety of instruments at some point soon.
Source: http://www.csmonitor.com/USA/Foreign-Policy/2014/0822/Obama-officials-talk-of-defeating-Islamic-State-but-what-steps-will-US-take-video

Obama orders review of giving local police military gear – CBS News

A report by the American Civil Liberties Union in June said police agencies had become “excessively militarized,” with officers using training and equipment designed for the battlefield on city streets. The report found the amount of goods transferred through the military surplus program rose in value from $1 million in 1990 to nearly $450 million in 2013. “Every police force of any size in this country has access to those kinds of weapons now,” said David Harris, a police expert at the University of Pittsburgh law school. “It makes it more likely to be used (and) is an escalation all by itself.” In Louisiana, masked police in full body armor carrying AR-15 assault rifles raided a nightclub without a warrant, looking not for terrorists but underage drinkers and fire-code violations. Officers in California train using the same counterinsurgency tactics as those used in Afghanistan.
Source: http://www.cbsnews.com/news/obama-orders-review-of-policy-of-giving-local-police-military-gear/

Obama again faces tug of military action in Syria following militants’ murder of American | Star Tribune

Unlike in Iraq, the battle lines are more clearly drawn. Syria has a host of military players in close proximity to each other, including the Islamic State, the al-Qaida-linked Nusra Front, mainstream Western-backed rebels and pro-government forces. The Islamic State is among the groups fighting Assad, meaning a U.S. campaign to weaken the extremists could actually strengthen a leader the White House has sought to push from office. Obama could try to counteract that uncomfortable dynamic by also taking strikes against Assad, though that could put the U.S. on the hook for the kind of long-term commitment to rebuilding Syria that he has tried to avoid.
Source: http://www.startribune.com/politics/272409101.html

Obama officials talk of ‘defeating’ Islamic State, but what steps will US take? (+video) – CSMonitor.com

as Travelers Get Busted The Islamic State, also known by acronyms such as ISIL, released a video on Aug. 19 of journalist James Foley’s beheading, and declared in an Internet posting that he was executed because of U.S. airstrikes against the group in Iraq that began earlier this month. It wasn’t clear when Foley was killed. U.S.
Source: http://finance.yahoo.com/news/obama-consider-strikes-syria-against-182630705.html

Obama Officials Talk Of ‘defeating’ Islamic State, But What Steps Will Us Take? (+video) – Csmonitor.com

The president doesnt seem yet to be committed to taking this on, particularly the Syria piece of it, says Peter Feaver, director of the Triangle Institute for Security Studies at Duke University in Durham, N.C., and a former adviser for strategic planning on the National Security Council staff of President George W. Bush. Defeating IS necessarily means broadening and lengthening the fight by going into Syria, Mr. Feaver says otherwise the Islamist militants put under pressure in Iraq could just flee across the border into Syria. That would repeat what happened with the Afghan Taliban in the fall of 2001, he says, when they were defeated inside Afghanistan but were able to flee into Pakistan. Rhodes did say in his comments, “We’re not going to be restricted by borders” in protecting Americans from IS. In addition, Feaver says, expanding the fight against IS into Syria would very likely require some US military personnel on the ground, even if limited to advisers and some special forces to assist the Syrian moderate rebels whom the administration is talking about working with.
Source: http://www.csmonitor.com/USA/Foreign-Policy/2014/0822/Obama-officials-talk-of-defeating-Islamic-State-but-what-steps-will-US-take-video

New Obama Birth Control Fixes for Religious Groups – ABC News

to start using Form 700. The Supreme Court ruled in June that the government can’t force companies like Hobby Lobby to pay for birth control, sending the administration scrambling for a way to ensure their employees can still get birth control one way or another at no added cost. The dual decisions mark the Obama administration’s latest effort to address a long-running conflict that has pitted the White House against churches and other religious groups. The dispute has sparked dozens of legal challenges, fueling an election-year debate about whether religious liberty should trump a woman’s access to health care options. “Today’s announcement reinforces our commitment to providing women with access to coverage for contraception, while respecting religious considerations raised by nonprofit organizations and closely held for-profit companies,” said Health and Human Services Secretary Sylvia Burwell.
Source: http://abcnews.go.com/Health/wireStory/obama-birth-control-fixes-religious-groups-25092331

Obama’s vacations in line with US average – Yahoo News

. CHILMARK, Mass. (AP) President Barack Obama is criticized whenever he goes on vacation but travel industry data show he’s taken about as much vacation this year as most Americans do. Still, his decision to continue with a two-week holiday in Martha’s Vineyard, Massachusetts, and play hours of golf amid site web major foreign policy crises, has teed up his critics anew. It’s also forcing the White House to confront the issue of whether there’s ever a good time for a president to go on vacation. Aides deflect the criticism and say Obama travels with the staff and equipment needed to do the job from wherever he may be.
Source: http://news.yahoo.com/obamas-vacations-line-us-average-153745387.html

Obama to Consider Airstrikes in Syria Against Terror Group – Yahoo Finance

officials believe he was killed in Syria. Obama authorized a rescue mission of Foley and other Americans held hostage in Syria. The attempt early this summer failed when U.S. forces found the hostages had been moved. The U.S., as is its policy, refused to pay captors a ransom demand of $133 million.
Source: http://finance.yahoo.com/news/obama-consider-strikes-syria-against-182630705.html

Us Stocks Move Higher; Family Dollar Jumps – Abc News

At midday the Dow, S&P 500 and Nasdaq were up 1.0%, 0.8% and 0.9% respectively. Stocks on the Move The main page battle for Family Dollar (FDO) heated up this morning after Dollar General (DG) made a $9 billion cash offer for the company. The move comes after Dollar Tree (DLTR) made an $8.5 billion cash and stock offer for Family Dollar last month. Family Dollar shares rose nearly 5% on the news, Dollar General was up almost 10% while Dollar Tree was off 2%. Foreign Markets European markers were higher today on easing Ukraine tensions.
Source: http://finance.yahoo.com/news/stocks-rise-ukraine-tensions-ease-160000925.html

US stocks open higher, following gains in European markets; Family Dollar jumps on new bid | Fox News

Family Dollar rose 5 percent after Dollar General offered to pay about $9 billion for the discounter in an effort to trump Dollar Tree’s bid. The Dow Jones industrial average rose 160 points, or 1 percent, to 16,822 as of noon Eastern time Monday. The Standard & Poor’s 500 index rose 15 points, or 0.8 percent, to 1,970. The Nasdaq composite climbed 38 points, or 0.9 percent, to 4,503.
Source: http://abcnews.go.com/Business/wireStory/us-stocks-move-higher-family-dollar-jumps-25023121

Closing Bell, August 18 – Business Insider

was the National Association of Homebuilders’ latest homebuilder confidence survey , which showed the headline index climbing to 55 in July from 53 in June. This reading, which was a seven-month high for the index, also topped expectations for a reading of 54.”Homebuilder sentiment stands only three points below where it stood a year ago. History suggests that the index of future single-family sales is a reasonable gauge of start activity six months ahead. We view this report as consistent with our outlook that improved sentiment should support start activity in the coming quarters,” said Barclays’ Michael Gapen.
Source: http://www.businessinsider.com/closing-bell-august-18-2014-8

Stocks Rise as Ukraine Tensions Ease – Yahoo Finance

European stocks bounced back Monday, Aug. 18, 2014, from Ukraine-related concerns that had caused sharp selling a week earlier. Wall Street was expected to open higher but Asian markets were subdued by further signs of weakness in China’s property market. (AP Photo/Mark Lennihan, File)The Associated Press NEW YORK U.S. stocks are opening higher, following gains in Europe.
Source: http://www.foxnews.com/us/2014/08/18/us-stocks-open-higher-following-gains-in-european-markets-family-dollar-jumps-826846284/

U.S. stocks gain; Dollar General jumps after bid

Family Dollar, the target of the bid, also jumped on the news, climbing $3.75, or 5 percent, to $79.81. Airline stocks were among the gainers as well after the price of oil fell to its lowest level since April as fears of supply disruptions from Iraq eased. Fuel is a big component of airlines’ costs. Southwest Airlines rose $1.06, or 4 percent, to $30.82.
Source: http://www.philly.com/inquirer/business/20140819_U_S__stocks_gain__Dollar_General_jumps_after_bid.html

Big Etf Stories Of The Week – Yahoo Finance

Please enter your Phone Number. Send Thanks! A link has been sent. Done Big ETF Stories of the Week By ETFtrends.com 2 hours ago 0 shares Content preferences Done It was another week marked by escalating geopolitical tensions and select sectors again dragging on U.S. stocks. U.S.
Source: http://finance.yahoo.com/news/big-etf-stories-week-200047471.html

http://www.etftradingsignals.com

EGShares Beyond BRICs ETF Tops $250M in AUM – Yahoo Finance

Notably, some quality ETFs likes SPDR MSCI United Kingdom Quality Mix ETF ( QGBR ) and SPDR MSCI Germany Quality Mix ETF ( QDEU ) and some U.K.-based ETFs like MSCI United Kingdom Hedged Equity Fund ( DBUK ) and WisdomTree United Kingdom Hedged Equity Fund ( DXPS ) were less ruffled last week and lost marginally. QGBR in fact added gains (read: Negative Interest Rates Put These European ETFs in Focus ). Amid such a situation, we suggest investors to cherry pick some top-ranked Europe ETFs to sail through the wavering market condition. DBUK currently has a Zacks ETF Rank of 2 or Buy rating. Want the latest recommendations from Zacks Investment Research?
Source: http://www.nasdaq.com/article/where-will-europe-etfs-go-after-portugal-banking-woes-etf-news-and-commentary-cm378133

Where Will Europe ETFs Go After Portugal Banking Woes? – ETF News And Commentary – NASDAQ.com

Excluding the BRIC nations means BBRC has missed out on epic rallies in Brazilian, Indian and, more recently, Chinese shares. However, the BRIC exclusion also means the ETF has dodged controversy and weakness associated with Russian stocks. [Russia ETFs Hit by New Sanctions] BBRC holds 92 stocks hailing from emerging and frontier markets. In October 2013, BBRC completed its transition to the FTSE Beyond BRICs Index, which allowed the fund to allocate up to 25% of its weight to frontier markets firms.
Source: http://finance.yahoo.com/news/egshares-beyond-brics-etf-tops-172046400.html

Friday Sector Leaders: Utilities, Energy – Forbes

Within that group, Dominion Resources Dominion Resources ( NYSE: D ) and Consolidated Edison Consolidated Edison ( NYSE: ED ) are two large stocks leading the way, showing a gain of 2.8% and 2.3%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF ( AMEX: XLU ), which is up 1.5% on the day, and up 10.47% year-to-date. Dominion Resources, meanwhile, is up 6.33% year-to-date, and Consolidated Edison Edison is up 3.55% year-to-date. Combined, D and ED make up approximately 10.8% of the underlying holdings of XLU. The next best performing sector is the Energy sector, higher by 1.5%.
Source: http://www.forbes.com/sites/joelkornblau/2014/08/08/friday-sector-leaders-utilities-energy-3/

ETF Preview: ETFs, Futures Higher as Russia Considers Easing Tension With Ukraine; Sentiment Brightens on Upbeat Q2 Productivity – NASDAQ.com

Commodities Crude was up 0.3%; natural gas was up 0.49%. United States Oil Fund (USO) was up 0.2%; United States Natural Gas Fund (UNG) was flat. Gold was up 0.14%, and silver was up 0.3%. McDonald’s (MCD) was down 0.7% after it reported a 2.5% decrease in July global comparable sales, with the U.S. dropping 3.2%, Europe up 0.5%, and Asia Pacific/Middle East/Africa (APMEA) off 7.3%. The company noted the decrease reflected the impact of food quality and safety issues at a supplier to McDonald’s and other food companies in China.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-higher-as-russia-considers-easing-tension-with-ukraine-sentiment-brightens-on-upbeat-q2-productivity-cm378190

Obama Authorizes Airstrikes In Iraq, Says ‘america Is Coming To Help’ | Fox News

The militants told its residents to leave, convert or die, which sent tens of thousands of civilians and Kurdish fighters fleeing from the area, according to several priests in northern Iraq. Last week, IS also seized the northwestern town of Sinjar, forcing tens of thousands of people from the ancient Yazidi minority to flee into the mountains and the Kurdish region. According to the U.N., between 35,000 and 50,000 fled to nearby Mount Sinjar and other areas, “reportedly surrounded by ISIS armed elements” and lacking water and other aid. Earlier Thursday, the White House stopped short of committing America’s military to stopping a potential “genocide” in Iraq, declining to say whether doing so is in “America’s core interests.” White House Press Secretary Josh Earnest acknowledged the situation is nearing a “humanitarian catastrophe” and said Obama has demonstrated a willingness to use military force to protect America’s core interests. But when asked repeatedly by Fox News whether preventing a genocide counts as being in America’s core interests, Earnest did not answer directly. Asked the same question twice more, Earnest responded that “each of these situations is evaluated on a case-by-case basis.” However, Obama later made clear in his remarks that the decision to authorize strikes is based in part on hoping to prevent a possible genocide. Earnest and other administration officials nevertheless argue there is no American military solution to Iraq’s problems and the country must seek a political solution. The administration, along with the United Nations, is facing increasing pressure to get more involved to prevent the crisis from worsening. The U.N. Security Council on Thursday condemned browse the attacks on minorities in Iraq and urged international support for the Iraqi government.
Source: http://www.foxnews.com/politics/2014/08/08/obama-authorizes-air-strikes-against-militants-in-iraq/

Obama shakes up debate over the future of the Internet – Yahoo News

Two Republican senators — John McCain of Arizona and Lindsey Graham of South Carolina — issued a joint statement saying that the plans Obama discussed are fine, but do not go far enough to meet the “expansionist” threat posed by the rebels known as ISIS. “The President needs to devise a comprehensive strategy to degrade” the militant army, they said. “This should include the provision of military and other assistance to our Kurdish, Iraqi, and Syrian partners who are fighting ISIS.” Reports from the region also indicated that the militants may have seized Mosul Dam, a massive hydroelectric structure that would give the rebels control of resources and the ability to flood a wide swath of territory. The Associated Press said the reports were based on residents who live near the dam who asked not to be named. The militants were also fighting in an effort to seize the Haditha dam in the west. The two facilities would allow rebels to control water flowing south in the Tigris and Euphrates and much of the power supply for Baghdad.
Source: http://www.king5.com/news/US-sending-Iraq-humanitarian-aid-weighing-strikes-270419301.html

Obama approves humanitarian aid to besieged Iraqis; reportedly considering airstrikes – Yahoo News

“F-16s first entered Iraqi airspace on a reconnaissance mission and are now targeting Daash (ISIL) in Gwer and in the Sinjar region,” Holgard Hekmat told AFP. The New York Times, citing a Kurdish television report , said the U.S. military had bombed at least two targets in northern Iraq, where insurgents had isolated tens of thousands of religious minorities. A McClatchy news report cited a resident in Kalak who said she saw aircraft overhead, and heard explosions coming from behind ISIL lines. Rear Admiral John Kirby quickly used the social media site Twitter to deny the claims. Press reports that US has conducted airstrikes in Iraq completely false.
Source: http://news.yahoo.com/conflicting-reports-on-if-u-s–has-begun-airstrikes-in-iraq-to-fend-off-jihadists-220943877.html

Obama interrupting summer vacation with trip to DC – Yahoo News

Obama also pressed on with Martha’s Vineyard vacations in 2010 as rebels in Libya were on the verge of ousting their government, and last year when Egypt’s military overthrew the country’s first democratically elected leader. Just last month, Obama resisted calls while he was on a fundraising trip in Texas to visit the U.S.-Mexico border so he could witness the surge of unaccompanied children arriving there. Pressed about the appearance of ignoring a humanitarian crisis, Earnest declared at the time: “We’re not worried about those optics.” Obama has upended his travel plans on several occasions. He has canceled three trips to Asia, including one in 2013 because of the U.S. government shutdown. His late-December departures to spend Christmas in Hawaii frequently have been delayed because of late action on Capitol Hill.
Source: http://news.yahoo.com/obama-interrupting-summer-vacation-trip-dc-081904112–politics.html

Obama authorizes airstrikes in Iraq to stop genocide |
KING5.com Seattle

A link has been sent. Done Content preferences Done President Obama shook up the debate over the future of the Internet this week, when he raised some net neutrality concerns in response to a question at the U.S. Africa Business forum this week. His comments put his position at odds with the Federal Communications Commission’s proposal, which would open the door to allowing Internet providers to offer content companies so-called “fast-lane” access. “One of the issues around net neutrality is whether you are creating different rates or charges for different content providers,” Obama said. “Thats the big controversy here.
Source: http://news.yahoo.com/obama-shakes-up-debate-over-future-of-the-internet-150530674.html