Pfizer Earnings Hurt By Generic Drugs The drug maker reported a worse-than-expected drop in first-quarter earnings after declining sales of the cholesterol drug Lipitor and medicines facing generic competition.... Read Full Article Lazard Earnings Climb 50% In Fourth Quarter The investment bank run by Bruce Wasserstein said that strength in its merger-advisory business helped lift profit to a record $85.8 million.... Read Full Article San Francisco Journal: In A Filmdom Premiere, A Foe For Gore Steven F. Hayward’s ?An Inconvenient Truth...or Convenient Fiction?? is a point-by-PowerPoint rebuttal of former Vice President Al Gore’s global warming documentary.... Read Full Article Crossing The Divide In the lead up to the Powderfinger and Silverchair tour, Across the Great Divide, EG’s Patrick Donovan talks tunes with Daniel Johns and Bernard Fanning.... Read Full Article BA Criticised Over ’misleading’ Fuel Surcharges British Airways (BA) has been slammed today for "misleading" its customers over climbing fuel surcharges that from today will add £116 to the price of a return long-haul flight.... Read Full Article |
Obama Insists He Can Win Blue-collar Vote And Limousine LiberalsBarack Obama sought to confront growing doubts about his electability yesterday by declaring that white, working-class voters would rally behind him if he became the Democratic presidential nominee. Mr Obama appeared for a televised grilling to answer questions about his inability to attract blue-collar households in the heartland of America. It followed another damaging loss to Hillary Clinton in Pennsylvania last week, which increased concerns among Democrats about whether he is the best candidate to take on the Republican John McCain in November. Mr Obamas loss by almost 10 points to Mrs Clinton in Pennsylvania, where she again won overwhelmingly among the white, working class, bolstered the argument of the former First Lady that the Illinois senator cannot put together a broad enough Democratic coalition in key states to win a presidential election. He lost by the same margin in Ohio in March - a critical election marker - where blue-collar households turned their backs on him. Mr Obamas defeat in Pennsylvania came after controversies about anti-American remarks by his former pastor and his own comment that blue-collar voters cling to guns and religion. It has significantly altered the narrative and perceptions of the Democratic battle nine days before the next showdown in Indiana. Related Links Hillary risks all by ‘cheating’ black voters Bushs brain attacks Obamas campaignMrs Clinton still has an uphill battle to wrench the nomination from the grasp of Mr Obama because of his insurmountable lead among elected delegates. Until the Pennsylvania result the main question in the race was whether Mrs Clinton would quit. Now she is being praised for her doggedness and Mr Obama is enduring comparisons to George McGovern, who lost to Richard Nixon in 1972 and who has become known as a candidate who appealed exclusively to the secular, educated wing of the Democratic Party. Mrs Clintons only hope of winning the nomination is to convince a majority of uncommitted super delegates - the party leaders who will likely determine the race - that her rival is too big a presidential election risk. “The main question is, why cant he close the deal?”, Mrs Clinton said. “Why cant he win a big state like this one?” Appearing on Fox News Sunday Mr Obama was asked why he was having trouble attracting white, working-class support. In an election battle against Mr McCain, Mr Obama said: “Most of those voters will vote for me. I am confident that when you come to a general election and we are having a debate about the future of this country ... those are voters I will be able to appeal to.” He conceded that he had to work harder to attract them but highlighted his victories in conservative states such as Idaho. “Look, its not like Ive been winning in states where all they have are black voters or chablis-drinking limousine liberals,” he said. He said that his victories in Virginia and Colorado showed that he could be competitive in Republican-leaning states. He added: “When this started off nobody thought Id be where we are today. I am relatively new ... and I am running against the best brand in Democratic politics.” On Saturday Mrs Clinton challenged Mr Obama to a debate in Indiana with no moderators. The Illinois senator ruled that out. “Im not ducking,” he said. “Weve had 21 [debates].” The Rev Jeremiah Wright, the former pastor to Mr Obama, has reappeared in recent days, granting several interviews. In one he said that the attacks on him had been unfair and launched for devious reasons. He said that Mr Obama had denounced his remarks “because hes a politician ... he does what politicians do.” He is already the subject of a Republican attack advertisement. Mr Obama said that he had not spoken to Mr Wright to dissuade him from making the appearances. Tag CloudExternal InformationAdditional InformationUS expects North Korea to shut reactor in three weeks...Phil Spector free on $1 million bail after murder trial ends in deadlock... World Briefing | Europe: Turkey: Head Scarf Law Approved... Surprise finding on blues... Where Am I?News Main Page - Business - Obama Insists He Can Win Blue-collar Vote And Limousine Liberals |
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