President Obama's Weekly Web Address

WEEKLY ADDRESS: President Obama Says Nations Must Unite To Overcome Global Challenges

WASHINGTON – In his weekly address, President Barack Obama extended his best wishes to everyone celebrating this week’s Passover and Easter holidays and called on nations around the world to come together to solve the current trials facing the world. On the heels of his weeklong trip overseas, the President said he believes it is important to acknowledge no single nation can solve global problems like a recession, international terrorism, climate change, or nuclear proliferation. But, working with other nations, the United States can lead the way in overcoming these challenges.

Transcript:

Remarks of President Barack Obama
Weekly Address
Saturday, April 11, 2009


I speak to you today during a time that is holy and filled with meaning for believers around the world. Earlier this week, Jewish people gathered with family and friends to recite the stories of their ancestors’ struggle and ultimate liberation. Tomorrow, Christians of all denominations will come together to rejoice and remember the resurrection of Jesus Christ.

These are two very different holidays with their own very different traditions. But it seems fitting that we mark them both during the same week. For in a larger sense, they are both moments of reflection and renewal. They are both occasions to think more deeply about the obligations we have to ourselves and the obligations we have to one another, no matter who we are, where we come from, or what faith we practice.

This idea – that we are all bound up, as Martin Luther King once said, in "a single garment of destiny"– is a lesson of all the world’s great religions. And never has it been more important for us to reaffirm that lesson than it is today – at a time when we face tests and trials unlike any we have seen in our time. An economic crisis that recognizes no borders. Violent extremism that’s claimed the lives of innocent men, women, and children from Manhattan to Mumbai. An unsustainable dependence on foreign oil and other sources of energy that pollute our air and water and threaten our planet. The proliferation of the world’s most dangerous weapons, the persistence of deadly disease, and the recurrence of age-old conflicts.

These are challenges that no single nation, no matter how powerful, can confront alone. The United States must lead the way. But our best chance to solve these unprecedented problems comes from acting in concert with other nations. That is why I met with leaders of the G-20 nations to ensure that the world’s largest economies take strong and unified action in the face of the global economic crisis. Together, we’ve taken steps to stimulate growth, restore the flow of credit, open markets, and dramatically reform our financial regulatory system to prevent such crises from occurring again – steps that will lead to job creation at home.

It is only by working together that we will finally defeat 21st century security threats like al Qaeda. So it was heartening that our NATO allies united in Strasbourg behind our strategy in Afghanistan and Pakistan, and contributed important resources to support our effort there.

It is only by coordinating with countries around the world that we will stop the spread of the world’s most dangerous weapons. That is why I laid out a strategy in Prague for us to work with Russia and other nations to stop the proliferation of nuclear weapons; to secure nuclear materials from terrorists; and, ultimately, to free the world from the menace of a nuclear nightmare.

And it is only by building a new foundation of mutual trust that we will tackle some of our most entrenched problems. That is why, in Turkey, I spoke to members of Parliament and university students about rising above the barriers of race, region, and religion that too often divide us.

With all that is at stake today, we cannot afford to talk past one another. We can’t afford to allow old differences to prevent us from making progress in areas of common concern. We can’t afford to let walls of mistrust stand. Instead, we have to find – and build on – our mutual interests. For it is only when people come together, and seek common ground, that some of that mistrust can begin to fade. And that is where progress begins.

Make no mistake: we live in a dangerous world, and we must be strong and vigilant in the face of these threats. But let us not allow whatever differences we have with other nations to stop us from coming together around those solutions that are essential to our survival and success.

As we celebrate Passover, Easter, and this time of renewal, let’s find strength in our shared resolve and purpose in our common aspirations. And if we can do that, then not only will we fulfill the sacred meaning of these holy days, but we will fulfill the promise of our country as a leader around the world.

I'm With This Guy

President Obama's Weekly Web Address

"Toward a Better Day" is how whitehouse.gov headlines this week's address.

THE WHITE HOUSE

Office of the Press Secretary
______________________________________________________________________________
SATURDAY, March 7, 2009

WEEKLY ADDRESS: President Obama Presses the Case for Bold Action to Address the Economic Crisis

WASHINGTON – President Barack Obama used his weekly address to detail his plans to fix our ailing economy, noting that reforming healthcare is necessary to ensure our long term fiscal health. While ending this crisis will not be quick or easy, the President’s plans will take the swift, bold, and responsible actions needed for the United States to emerge stronger and more prosperous than before. And that is why reforming healthcare, jumpstarting job creation, restoring lending, relieving responsible homeowners, and making hard choices are all so critically important right now.

The full audio of the address is HERE. The video can be viewed online at www.whitehouse.gov.

Remarks of President Barack Obama
Weekly Address
Saturday, March 7, 2009
Washington, DC

Yesterday, we learned that the economy lost another 651,000 jobs in the month of February, which brings the total number of jobs lost in this recession to 4.4 million. The unemployment rate has now surpassed 8 percent, the highest rate in a quarter century.

These aren't just statistics, but hardships experienced personally by millions of Americans who no longer know how they'll pay their bills, or make their mortgage, or raise their families.

From the day I took office, I knew that solving this crisis would not be easy, nor would it happen overnight. And we will continue to face difficult days in the months ahead. But I also believe that we will get through this -- that if we act swiftly and boldly and responsibly, the United States of America will emerge stronger and more prosperous than it was before.

That's why my administration is committed to doing all that's necessary to address this crisis and lead us to a better day. That's why we're moving forward with an economic agenda that will jumpstart job creation, restart lending, relieve responsible homeowners, and address the long-term economic challenges of our time: the cost of health care, our dependence on oil, and the state of our schools.

To prevent foreclosures for as many as 4 million homeowners -- and lower interest rates and lift home values for millions more -- we are implementing a plan to allow lenders to work with borrowers to refinance or restructure their mortgages. On Wednesday, the Department of Treasury and Housing and Urban Development released the guidelines that lenders will use for lowering mortgage payments. This plan is now at work.

To restore the availability of affordable loans for families and businesses -- not just banks -- we are taking steps to restart the flow of credit and stabilize the financial markets. On Thursday, the Treasury Department and the Federal Reserve launched the Consumer and Business Lending Initiative -- a plan that will generate up to a trillion dollars of new lending so that families can finance a car or college education -- and small businesses can raise the capital that will create jobs.

And we've already begun to implement the American Recovery and Reinvestment Act -- a plan that will save and create over 3.5 million jobs over the next two years -- jobs rebuilding our roads and bridges, constructing wind turbines and solar panels, expanding broadband and mass transit. And because of this plan, those who have lost their job in this recession will be able to receive extended unemployment benefits and continued health care coverage, while 95 percent of working Americans will receive a tax break beginning April 1st.

Of course, like every family going through hard times, our country must make tough choices. In order to pay for the things we need -- we cannot waste money on the things we don't.

My administration inherited a $1.3 trillion budget deficit, the largest in history. And we've inherited a budgeting process as irresponsible as it is unsustainable. For years, as Wall Street used accounting tricks to conceal costs and avoid responsibility, Washington did, too.

These kinds of irresponsible budgets -- and inexcusable practices -- are now in the past. For the first time in many years, my administration has produced a budget that represents an honest reckoning of where we are and where we need to go.

It's also a budget that begins to make the hard choices that we've avoided for far too long -- a strategy that cuts where we must and invests where we need. That's why it includes $2 trillion in deficit reduction, while making historic investments in America's future. That's why it reduces discretionary spending for non-defense programs as a share of the economy by more than 10 percent over the next decade -- to the lowest level since they began keeping these records nearly half a century ago. And that's why on Wednesday, I signed a presidential memorandum to end unnecessary no-bid contracts and dramatically reform the way contracts are awarded -- reforms that will save the American people up to $40 billion each year.

Finally, because we cannot bring our deficit down or grow our economy without tackling the skyrocketing cost of health care, I held a health care summit on Thursday to begin the long-overdue process of reform. Our ideas and opinions about how to achieve this reform will vary, but our goal must be the same: quality, affordable health care for every American that no longer overwhelms the budgets of families, businesses, and our government.

Yes, this is a moment of challenge for our country. But we've experienced great trials before. And with every test, each generation has found the capacity to not only endure, but to prosper -- to discover great opportunity in the midst of great crisis. That is what we can and must do today. And I am absolutely confident that is what we will do. I'm confident that at this defining moment, we will prove ourselves worthy of the sacrifice of those who came before us, and the promise of those who will come after.

Don't Take Financial Advice From CNBC

Jon Stewart skewers the market "experts" from CNBC:

The Daily Show With Jon StewartM - Th 11p / 10c

CNBC Gives Financial Advice

Daily Show Full Episodes
Important Things With Demetri Martin

Political Humor
Joke of the Day

President Obama's Weekly Web Address

Transcript:

Remarks of President Barack Obama
Weekly Address
Saturday, February 28th, 2009
Washington, DC

Two years ago, we set out on a journey to change the way that Washington works.

We sought a government that served not the interests of powerful lobbyists or the wealthiest few, but the middle-class Americans I met every day in every community along the campaign trail – responsible men and women who are working harder than ever, worrying about their jobs, and struggling to raise their families. In so many town halls and backyards, they spoke of their hopes for a government that finally confronts the challenges that their families face every day; a government that treats their tax dollars as responsibly as they treat their own hard-earned paychecks.

That is the change I promised as a candidate for president. It is the change the American people voted for in November. And it is the change represented by the budget I sent to Congress this week.

During the campaign, I promised a fair and balanced tax code that would cut taxes for 95% of working Americans, roll back the tax breaks for those making over $250,000 a year, and end the tax breaks for corporations that ship our jobs overseas. This budget does that.

I promised an economy run on clean, renewable energy that will create new American jobs, new American industries, and free us from the dangerous grip of foreign oil. This budget puts us on that path, through a market-based cap on carbon pollution that will make renewable energy the profitable kind of energy; through investments in wind power and solar power; advanced biofuels, clean coal, and more fuel-efficient American cars and American trucks.

I promised to bring down the crushing cost of health care – a cost that bankrupts one American every thirty seconds, forces small businesses to close their doors, and saddles our government with more debt. This budget keeps that promise, with a historic commitment to reform that will lead to lower costs and quality, affordable health care for every American.

I promised an education system that will prepare every American to compete, so Americans can win in a global economy. This budget will help us meet that goal, with new incentives for teacher performance and pathways for advancement; new tax credits that will make college more affordable for all who want to go; and new support to ensure that those who do go finish their degree.

This budget also reflects the stark reality of what we’ve inherited – a trillion dollar deficit, a financial crisis, and a costly recession. Given this reality, we’ll have to be more vigilant than ever in eliminating the programs we don’t need in order to make room for the investments we do need. I promised to do this by going through the federal budget page by page, and line by line. That is a process we have already begun, and I am pleased to say that we’ve already identified two trillion dollars worth of deficit-reductions over the next decade. We’ve also restored a sense of honesty and transparency to our budget, which is why this one accounts for spending that was hidden or left out under the old rules.

I realize that passing this budget won’t be easy. Because it represents real and dramatic change, it also represents a threat to the status quo in Washington. I know that the insurance industry won’t like the idea that they’ll have to bid competitively to continue offering Medicare coverage, but that’s how we’ll help preserve and protect Medicare and lower health care costs for American families. I know that banks and big student lenders won’t like the idea that we’re ending their huge taxpayer subsidies, but that’s how we’ll save taxpayers nearly $50 billion and make college more affordable. I know that oil and gas companies won’t like us ending nearly $30 billion in tax breaks, but that’s how we’ll help fund a renewable energy economy that will create new jobs and new industries. In other words, I know these steps won’t sit well with the special interests and lobbyists who are invested in the old way of doing business, and I know they’re gearing up for a fight as we speak. My message to them is this:

So am I.

The system we have now might work for the powerful and well-connected interests that have run Washington for far too long, but I don’t. I work for the American people. I didn’t come here to do the same thing we’ve been doing or to take small steps forward, I came to provide the sweeping change that this country demanded when it went to the polls in November. That is the change this budget starts to make, and that is the change I’ll be fighting for in the weeks ahead – change that will grow our economy, expand our middle-class, and keep the American Dream alive for all those men and women who have believed in this journey from the day it began.

Thanks for listening.

President Obama's Weekly Web Address

President Obama's Weekly Web Address

Transcript:

This week, I spent some time with Americans across the country who are hurting because of our economic crisis -- people closing the businesses they scrimped and saved to start; families losing the homes that were their stake in the American Dream; folks who've given up trying to get ahead, and given in to the stark reality of just trying to get by.

They've been looking to those they sent to Washington for some hope at a time when they need it most.

This morning, I'm pleased to say that after a lively debate full of healthy differences of opinion, we've delivered real and tangible progress for the American people.

Congress has passed my economic recovery plan –- an ambitious plan at a time we badly need it. It will save or create more than 3.5 million jobs over the next two years, ignite spending by business and consumers alike, and lay a new foundation for our lasting economic growth and prosperity.

This is a major milestone on our road to recovery, and I want to thank the members of Congress who came together in common purpose to make it happen. Because they did, I will sign this legislation into law shortly, and we'll begin making the immediate investments necessary to put people back to work doing the work America needs done:

The work of modernizing our health care system, saving billions of dollars and countless lives; and upgrading classrooms, libraries, and labs in our children's schools across America.

The work of building wind turbines and solar panels and the smart grid necessary to transport the clean energy they create; and laying broadband Internet lines to connect rural homes, schools, and businesses to the information superhighway.

The work of repairing our crumbling roads and bridges, and our dangerously deficient dams and levees.

And we'll help folks who've lost their jobs through no fault of their own by providing the unemployment benefits they need and protecting the health care they count on.

Now, some fear we won't be able to effectively implement a plan of this size and scope, and I understand their skepticism. Washington hasn't set a very good example in recent years. And with so much on the line, it's time to begin doing things differently.

That's why our goal must be to spend these precious dollars with unprecedented accountability, responsibility, and transparency. I've tasked my Cabinet and staff to set up the kind of management, oversight, and disclosure that will help ensure that, and I will challenge state and local governments to do the same.

Once the plan is put into action, a new website -– recovery.gov -– will allow any American to watch where the money goes and weigh in with comments and questions –- and I encourage every American to do so. Ultimately, this is your money, and you deserve to know where it's going and how it's spent.

This historic step won't be the end of what we do to turn our economy around, but rather the beginning. The problems that led us into this crisis are deep and widespread, and our response must be equal to the task.

For our plan to succeed, we must stabilize, repair, and reform our banking system, and get credit flowing again to families and businesses. We must write and enforce new rules of the road, to stop unscrupulous speculators from undermining our economy ever again. We must stem the spread of foreclosures and do everything we can to help responsible homeowners stay in their homes.

And in the weeks ahead, I will submit a proposal for the federal budget that will begin to restore the discipline these challenging times demand. Our debt has doubled over the past eight years, and we've inherited a trillion dollar deficit –- which we must add to in the short term in order to jumpstart our sick economy. But our long-term economic growth demands that we tame our burgeoning federal deficit; that we invest in the things we need, and dispense with the things we don't. This is a challenging agenda, but one we can and will achieve.

This morning, I'm reminded of words President Kennedy spoke in another time of uncertainty: "Do not pray for easy lives. Pray to be stronger men. Do not pray for tasks equal to your powers. Pray for powers equal to your tasks."

America, we will prove equal to this task. It will take time, and it will take effort, but working together, we will turn this crisis into opportunity and emerge from our painful present into a brighter future. After a week spent with the fundamentally decent men and women of this nation, I have never been more certain of that.

Thank you.

Jon Stewart Whacks John Sununu

NOW they're fiscally responsible, after they drove us into the ditch?

The Daily Show With Jon StewartM - Th 11p / 10c

John Sununu

Daily Show Full Episodes
Important Things With Demetri Martin

Funny Political News
Joke of the Day

Women Excluded From Stimulus Negotiations

Incredibly, the joint House/Senate conference committee ironing out the differences between the House and Senate versions of the stimulus contains no women! You can complain about this by sending an email to Nancy Pelosi here and one to Harry Reid here. Harry Reid's contact form only takes email from Nevada residents, so say you live on S. Carson St. in Carson City, zip code 89702. He is the Senate Majority Leader, he should take emails from everyone. Spineless weenie that he is. Grrrrr.

The Moderate Voice: No Female Senators or Representatives from Congress are on Stimulus Bill Conference Committee

You have got to be kidding me:

Senate Democratic leadership has announced who will be serving on the conference committee to iron out differences in the House and Senate versions of the stimulus bill.

* Majority Leader Harry Reid, D-Nev.
* Finance Committee Chairman Max Baucus, D-Mont.
* Appropriations Committee Chairman Daniel Inouye, D-Hawaii
* Finance Committee Ranking Member Charles Grassley, R-Iowa
* Appropriations Committee Ranking Member Thad Cochran, R-Miss.

Both Finance and Appropriations were heavily involved in the creation of the Senate version, with each committee holding markups on their portions.

And for the House:

* Appropriations Committee Chairman Dave Obey, D-Wis.
* Ways and Means Committee Chairman Charles Rangel, D-N.Y.
* Energy and Commerce Committee Chairman Henry Waxman, D-Calif.
* Appropriations Committee Ranking Member Jerry Lewis, R-Calif.
* Ways and Means Committee Ranking Member Dave Camp, R-Mich.

This is what it means to not have a critical mass, to have less than 25% of your constituency represented. Only 17% of all congressional members are female. And so, with five from the Senate (5% of the Senate) and 5 from the House (just over 1%), what chance do women get to be selected for these critical reconciliation meetings?

President Obama's Weekly Web Address

Transcript:

Yesterday began with some devastating news with regard to our economic crisis. But I'm pleased to say it ended on a more positive note.

In the morning, we received yet another round of alarming employment figures – the worst in more than 30 years. Another 600,000 jobs were lost in January. We've now lost more than 3.6 million jobs since this recession began.

But by the evening, Democrats and Republicans came together in the Senate and responded appropriately to the urgency this moment demands.

In the midst of our greatest economic crisis since the Great Depression, the American people were hoping that Congress would begin to confront the great challenges we face. That was, after all, what last November's election was all about.

Legislation of such magnitude deserves the scrutiny that it's received over the last month, and it will receive more in the days to come. But we can't afford to make perfect the enemy of the absolutely necessary. The scale and scope of this plan is right. And the time for action is now.

Because if we don't move swiftly to put this plan in motion, our economic crisis could become a national catastrophe. Millions of Americans will lose their jobs, their homes, and their health care. Millions more will have to put their dreams on hold.

Let's be clear: We can't expect relief from the tired old theories that, in eight short years, doubled the national debt, threw our economy into a tailspin, and led us into this mess in the first place. We can't rely on a losing formula that offers only tax cuts as the answer to all our problems while ignoring our fundamental economic challenges – the crushing cost of health care or the inadequate state of so many schools; our addiction to foreign oil or our crumbling roads, bridges, and levees.

The American people know that our challenges are great. They don't expect Democratic solutions or Republican solutions – they expect American solutions.

From the beginning, this recovery plan has had at its core a simple idea: Let's put Americans to work doing the work America needs done. It will save or create more than 3 million jobs over the next two years, all across the country – 16,000 in Maine, nearly 80,000 in Indiana – almost all of them in the private sector, and all of them jobs that help us recover today, and prosper tomorrow.

Jobs that upgrade classrooms and laboratories in 10,000 schools nationwide – at least 485 in Florida alone – and train an army of teachers in math and science.

Jobs that modernize our health care system, not only saving us billions of dollars, but countless lives.

Jobs that construct a smart electric grid, connect every corner of the country to the information superhighway, double our capacity to generate renewable energy, and grow the economy of tomorrow.

Jobs that rebuild our crumbling roads, bridges and levees and dams, so that the tragedies of New Orleans and Minneapolis never happen again.

It includes immediate tax relief for our struggling middle class in places like Ohio, where 4.5 million workers will receive a tax cut of up to $1,000. It protects health insurance and provides unemployment insurance for those who've lost their jobs. And it helps our states and communities avoid painful tax hikes or layoffs for our teachers, nurses, and first responders.

That's what is at stake with this plan: putting Americans back to work, creating transformative economic change, and making a down payment on the American Dream that serves our children and our children's children for generations to come.

Americans across this country are struggling, and they are watching to see if we're equal to the task before us. Let's show them that we are. And let's do whatever it takes to keep the promise of America alive in our time.

Thank you.

Unfortunately, This is Right

In re the current debate over the stimulus plan:

Obama is, sadly, much to blame for giving the Republicans so much leverage. He defined the challenge as bipartisanship not saving the U.S. economy.

It's kind of like the war on terror. Bipartisanship is a tool, not a goal. Saving the economy is the goal. Focus, Barack, focus.

Liberal Weigh In

Reportedly Congress is getting hit with 100-1 constituent response against the stimulus bill. The rightwingers are out-organizing us, people! Call your Congresscritter and Senators and let them know in no uncertain terms that you support the stimulus bill!

I emailed my senators because obviously Ted Kennedy and John Kerry are going to vote for it. (I also told them I don't like the tax cuts in the bill, but to vote for it anyway! Also to reinstate the family planning funding that the House cut.) But if you live in a state where your rep may be on the fence I'd take the time to call.

The Senate switchboard number is (202) 224-3121. If you can't get through or would rather send an e-mail, you can look up your Senator's contact information and web form at the Senate.gov site.

Group News Blog: Call the Senate: Show Our Numbers

WSJ: McCain Urges Supporters to Sign Petition Opposing Stimulus

President Obama's Weekly Web Address

Bipartisanship: The Enduring Myth

Obama put $300 billion in tax cuts into his economic stimulus plan, cut funds for family planning and refurbishing the National Mall, all to appease Republicans, and guess what?

Not one Republican voted for his "bipartisan" stimulus plan.

In Washington, "bipartisanship" is doing what the Republicans want.

They're not going to vote for your bill, Obama. Just craft the best stimulus possible and forget them. They want the economy to fail. They've been working hard at that for the last eight years.

I don't need $500. I need you to fix the bridges I drive across every day. Get to work the smart way. You don't need those bozos.

Hitting the Ground Running

President Bush walks with President-elect Barack Obama during a visit to the White House, November 10, 2008.
(Jim Young/Reuters)

Obama went to the White House on a mission to fix the economy. Will Bush act?

MSNBC First Read: The details on today's meeting

A source familiar with today's White House meeting tells NBC News that President-elect Obama focused on three economic issues during his conversations with President Bush this afternoon. The top topics: a stimulus package in the lame duck session, aid to the auto industry, and help for homeowners with adjustible-rate mortgages in order to prevent more foreclosures.

According to the source, Obama told Bush that action is needed on a stimulus package now - in a lame duck session - and cannot wait until after the inauguration.

Obama also urged help for automakers and encouraged the acceleration of the disbursement of $25 billion dollars for the industry.

On his third focus - housing - Obama voiced his concern that homeowners whose mortgage rates are about to go up will need aid to prevent more Americans from defaulting on home loans.