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Igor Bobic

Igor Bobic is the assistant editor of Talking Points Memo, helping oversee the site's coverage of politics and policy in Washington. While originally from Bosnia and Herzegovina, Igor feels best at home on the beaches of Southern California. He can be reached at igor@talkingpointsmemo.com.

Articles by Igor

Apple has announced that it will put its massive cash store to work by introducing a quarterly dividend of $2.65 per share, and starting a $10 billion share buyback program, reports the AP:

Apple says the dividend will start in its fiscal fourth quarter, which begins July 1. The buybacks will begin in its next fiscal year, which starts Sept. 30.

Apple is sitting on $97.6 billion in cash and securities. For years, it has resisted calls to reward shareholders with some of that money. Since the death of CEO Steve Jobs, management has signaled that it's been considering options for the money.

The Chicago Tribune has endorsed Mitt Romney:

 For his demonstrated abilities and the economic pragmatism at his core, the Tribune endorses former Gov. Mitt Romney of Massachusetts as the Republicans' best, most responsible choice in Tuesday's Illinois primary. The other three contestants, for lack of Romney's credibility on this threat to the American way, can only try to talk a good game. We're far more confident that Romney is the candidate best equipped to keep the U.S. from devolving into New Europe.

Mitt Romney made a quick stop off the campaign trail for some cupcakes at Junior's at Brooklyn, New York, a local cheesecake institution.

Watch the video, from DG Jackson:

President Obama's campaign website is up with a new (caption contest-worthy) page welcoming Vice President Joe Biden back to the campaign trail:

 

Describing his energy critics as people mired in the past, President Obama compared them to one of his predecessors, the 19th President of the United States Rutherford B. Hayes.

One of my predecessors, Rutherford B. Hayes. He said 'It's a great invention, but who would ever want to use one?' Talking about the telephone. That's why he's not on Mount Rushmore. He's explaining why we can't do something instead of why we can do something. The point is there will always be cynics and nay sayers who just want to keep on doing things the same way we have always done them.

Delivering remarks on American energy policy at Prince George's Community College in Largo, Md. on Thursday, President Obama went directly at some of his most vocal energy critics, calling them a part of the "flat Earth society."

Now, here's the sad thing. Lately, we have heard a lot of professional politicians, a lot of the folks who were running for a certain office, who shall go unnamed, they've been talking down new sources of energy. They dismiss wind power. They dismiss solar power. They make jokes about biofuels. They were against raising fuel standards. I guess they like gas guzzlers. They think that's good for our future. We're trying to move towards the future. They want to be stuck in the past.

Obama added that his detractors "would not have believed that the world was round.. If some of these folks were around when columbus set sail, they must have been founding members of the flat earth society."

Interviewed on Fox on Thursday, Mitt Romney walked back a previous comment a top aide made about a candidate other than himself winning the GOP nomination. The aide said it would take an "act of God" for any of his opponents to win.

"Anybody has a shot to become the nominee," Romney said on Fox.

Cable news pundits were particularly interested in pondering the fate of Republican presidential contender Newt Gingrich on Wednesday, following his losses in the Alabama and Mississippi primaries Tuesday night.

TPM's Clayton Ashley compiled the day's conversation:

TPM reporter Nick Martin was on MSNBC on Wednesday afternoon discussing Rep. Peter King's questionable "Manhunters" video. The U.S. Marshals Service on Tuesday said they were investigating whether the video King (R-NY) posted, which showed agents kicking down doors and chasing after a suspect in Brooklyn while he tagged along, violated federal policy.

Watch Nick below:

 

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