Spine of Steel: Obama’s Case Against Mitt Romney

While the Obama campaign has been laying the foundation of the President’s case for re-election for some time, some basic clues were revealed yesterday as to just how he plans to do it.

In a speech to the United Autoworkers Union in Toledo yesterday, Joe Biden claimed that Obama has a “spine of steel”.

In his appearance in The Road We’ve Traveled, former president Bill Clinton questioned whether he himself would have had the courage to make the tough decisions rendered by Obama.

In the video, Rahm Emanuel discloses that he advised Obama to take the politically easy road on health care legislation.

Last week, David Axelrod highlighted conservative columnist George Will’s question of whether the Republicans could take on real bad guys if they are afraid of Rush Limbaugh.

Why are they doing this? Simple. This is going to be their line of attack against Mitt Romney’s history of flip-flopping and politically expedient decision making. The campaign appears to be setting itself up to attack Romney’s flip flops as weak, and lacking of courage, or “backbone”.

Here is yesterday’s footage of Biden’s speech to the UAW.

The Road We’ve Traveled: Full Length Video

President Obama’s campaign team released the full length version of The Road We’ve Traveled on March 15th.

The video features David Axelrod, Austan Goolsbee, and Bill Clinton, among others, describing the economic conditions the President faced upon taking office.

It opens with a discussion surrounding the bailout and restructuring of the automobile industry, moves on to explain health care legislation, and proceeds to cover the end of the Iraq war and the pursuit of Osama Bin Laden.

Watch the entire video here:

India Continues Purchases of Iranian Crude Oil

The U.S. government signed a law on December 31st aimed at crippling Iran’s primary revenue source – crude oil. Apparently, India didn’t get the memo. According to a recent report, India isn’t abiding by the new rules and sanctions put in place to limit the sales of Iranian oil. President Obama is considering slapping penalties on its ally as soon as June 28th.

The law would bar access to the U.S. banking system to any country that doesn’t demonstrate significant reductions in its purchases of Iranian oil during the first half of 2012. While India has made attempts to investigate alternative sources of energy, it has not yet asked its refiners to cease purchasing Iranian oil.

India is currently the third largest importer of Iranian oil behind China and Japan. South Korea is fourth. Recent data shows that both India and Korea actually increased purchases in January. South Korea plans to reassess their imports at the end of June.

India released a statement saying that they have not reduced purchases due to legacy contracts that run through March, and that they plan to reduce purchases once their current contract expires.