Tuesday, August 31, 2010
The following is a transcript of President Obama's Tuesday night speech to the nation about the official end of the U.S. combat role in Iraq:
The jobs issue appears to be a very major issue now for the voters. Most Americans now seem to disapprove of President Obama as high unemployment and very high government spending seem to be on the rise these days. Almost 75% of the people polled are very concerned about joblessness and almost as much are concerned about the high government spending these days. The presidents popularity seems to be dwindling because people seem to be giving up hope on his ability to turn around the economy. Another bad indicator for the economy for President Obama is the fact that the National Association of Realtors now reports that sales of existing home have plunged in July and now at thier slowest pace in 15 years. More and more people are loosing their homes, and there seems to be a lack in a number for people who are still qualified to purchase a home. It is not easy to secure a loan these days, even with mediocre credit. Most lending institutions are weary of giving out loans to people unless they are almost certain that the borrower can repay.
The presidents approval rating has now dropped to 45% compared to the same time last month when it was at 48%. More than half of the people now seem that the country is going in the wrong direction. But it is a proven fact that the massive 2009 stimulus package did help keep the economy afloat. This would have never happened if the government didn't take the route that it did, and President Obama was very instrumental in getting the package passed. But now people seem to be loosing hope as they seem to be tired of waiting for a turn around in the economy and jobs.
The stock market today took another plunge when it dropped over 100 points.
Still, President Obama is promoting his policies and he is hopeful that the Democrats can keep control of the House and the Senate. His future in policy making and his re-election run very high on the ability to keep Democrats in control of the Congress.
Today marks the end for "unreasonable late payment and other penalty fees" because of the passage of the Wall Street reform bill. Now, credit card companies will not be able to charge more than $25 for late payments except in extreme circumstances. Some credit card companies even charge their customers if they do not use their cards. Now they will have to think twice before considering rate increases that were imposed even as early as January of 2009.They are the final provisions of federal legislation that placed new restrictions on credit card interest rates and fees, completing the most comprehensive overhaul of the credit card industry in history.
The Fed's rules could result in lower interest rates for consumers.
Banks will have to reduce rates if the reasons for increases imposed in the last 20 months no longer exist, and regulators will review and enforce such cuts.
Consumers will most immediately notice the new penalty fee limit of $25. Reducing penalty fees was a central provision of the credit card law, but Congress left it to the Fed to determine how to do it.
The Fed leaves room for larger penalty fees to be charged if a consumer has shown a pattern of "repeated" violations or if a card issuer can show that a higher fee reasonably offsets its own costs in dealing with the violation that spurred the penalty.
Among other new rules, penalty fees can't exceed the dollar amount incurred by the consumer's violation that spurred the fee.
For example, if a customer is late making a $20 minimum payment, the fee can't exceed $20. A consumer who exceeds her credit limit by $5 cannot be charged an over-the-limit fee of more than $5.
Consumers will no longer face multiple penalty fees if the violation was based on a single late payment.
The provisions, which were announced in June, complement previous rules of the 2009 credit card law that are already in effect.
What turned out to be a 'no brainer' for the President somehow has backfired on him. His recent statements to support building a mosque in the shadow of ground zero has given his opponents and the conservative party ammunition to use and continue their campaign for political benefit in November. President Obama has stated publicly that he supports the Muslims right to build their mosque next to 'Ground Zero', but the opponents as does most people across the nation believe that no religious group should build near ground zero. Many people believe that the only thing that should be placed at ground zero would be a memorial to the people who died in the Twin Towers when they fell due to terrorist attacks and should not have to be neared to any religious house of worship, especially Muslim.
But President Obama goes by the law, which states that ALL AMERICANS regardless of race have rights in this country and are free to practice them, including the right to religious freedom. Working as an attorney in the past, it would be easy to understand his reasoning, but his comments on the Muslim Mosque right next to 'ground zero' could not be of worse timing. Most of the Democratic leaders believe that he didn't need to make such a statement, in light that even many of the Democrats support the idea that a mosque at that location would be the wrong thing to do.
President Obama appears to let nothing influence him on his ideology and beliefs, and stands by what he believes is right, regardless of what other people think in some cases, and this is one of those cases.
As from the start, I support President Obama in his quest to make this country better, and the Federal governments abilities to help citizens of this country. As an individual voter and one who takes his rights seriously, I must also state that I also have my own opinions regarding the issues. I may not totally agree with the President's reasoning here, but the one thing that you cannot call President Obama is a 'do nothing' President. His administration has been helping the country, even on the hills of November's elections and a possibility of loosing key Democratic representation in both the House and the Senate.
A recent CNN report includes a statement by the vice chairman of the Core Strategy Group David Morey, claim that "the danger here is an incoherent presidency." To me, it is amazing that anyone could make such a statement. Take a look at what President Bush handed him when Obama became President. For starters, how about two wars, a failing economy, a country on the brink of a depression, and a health care system that people cannot afford, not to mention that people were loosing work by the thousands each and every day. President Obama had a plan of attack right from the start, and he truly has never rested doing his job, except for a brief vacation here and there.
The Republicans or Conservatives have almost never supported his ideals or the bills that he has passed. But what did these 'do nothing' conservatives do for the country when they were in power? Of course the answer could be 'almost nothing' as the conservative belief is for the people to do things for themselves, with little or no governmental interaction. Has anyone thought that the reason why the economy fell almost to 'hell' is because the past President did nothing to stop it. But what President Bush did was to set up his Democratic successor by initiating the stimulus money for the financial institutions which led to future stimulus money and eventually a health care reform bill that no other President in 100 years has had the ability to pass. Does this sound like the marks of an incoherent President? I think not !
At least he doesn't just read books while at Camp David, like President Bush has done. Now that may be a mark of an incoherent President. President Bush led this country for 8 years, and how did the country benefit from his service as President? How about a few wars, 911, and the results of an ineffective President Bush during Hurricane Katrina.
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Hate groups believe assassinating Barack Obama can match the 2001 attacks on the World Trade Centre, an expert in political terrorism says.
Grim fears about the safety of America's first black president-elect continue to build, with the country's most reviled racist group the Ku Klux Klan warning of a "race war".
Monash University's Greg Barton said: "Obama is such an iconic figure that in the perverse logic of political assassination or terror he is an immensely attractive target."
Professor Barton said the fears for Obama are justified.
"You can imagine in the minds of some, killing President Barack Obama would be just as powerful, if not more powerful, than bringing down the World Trade Center towers," he told ninemsn.
"Yes, we have to be really concerned — but I think there are a lot of people on the job [to prevent it] … but he will never again have an ordinary life."
Obama received the highest level of security ever afforded to a candidate during the election campaign.
Throughout the 22-month campaign the secret service investigated more than 500 death threats against the 47-year-old African-American.
Two white supremacist skinheads were arrested last month over plans to shoot Obama and kill other blacks.
Twenty-year-old Daniel Cowart and 18-year-old Paul Schlesselman have been indicted on charges of possessing a sawn-off shotgun, planning to rob a licensed gun dealer and threatening a presidential candidate.
The Ku Klux Klan on its website "welcomed" Obama's election because "it could mean an awakening of our spirit and blood".
But the site also claimed that "this is a race war — a culture war — being waged against white people".
The US government has already started testing new designs for a presidential limousine equipped to withstand most bomb blasts and terror attacks.
While Obama's wife Michelle — a corporate lawyer — has expressed her concern over the threats facing their family, Obama has previously said it's "not something that I'm spending time thinking about day to day."
"I think anybody who decides to run for president recognises that there are some risks involved," he said.
Four US presidents have been assassinated — Abraham Lincoln, James Garfield, William McKinley and John Kennedy.
Another eight presidents have survived "credible" attempts of their lives.
Obama has paid tribute thoughtout his campaign to Martin Luther King — the leader of the American civil rights movement who was assassinated in Memphis, Tennessee in 1968.
Newspapers all over the world yesterday reported that Obama's elect had achieved King's dream.
But many Americans are fearful the election could ignite racist resentment.
"It a great thing but a scary thing," said 28-year-old Cincinnati nurse Natasha Johnson.
"There have already been two failed [publicised] assassination plots… there are still a lot of people who don't agree with this."
As well as the KKK reaction, "Impeach Barack Obama" Facebook groups have already surfaced on the internet, with one attracting more than 700 members.
There is a breathing apparatus called a spirometer that is used for measuring the volume of air going into and out of the lungs. It measures respiration flow rates and records the amount of air and the rate of air that is breathed in and out over a specified period of time. When mom was home, this apparatus helped her with her breathing exercises, because she had difficult breathing on her own. Indications from a spirometer will help determine the efficiency and health of the lungs. Smokers who eventually have trouble breathing may be using this device. Just like President Obama has been warned about smoking, others should know that continued smoking habits can eventually lead into problems with breathing, then sooner or later you may need such a breathing apparatus to help you breathe.
Garmin GPS is a hi-tech device that delivers speech-enabled navigation: it has the ability to announce the names of streets vocally, so the user does not have to keep an eye on the GPS screen while on the move. To make usage of the device more interesting, there are a wide selection of voices are available for users to choose from. To install voices into Garmin GPS, the device has to be connected to a computer first. You can then download different voices directly from the internet, including Yeti, Dr. Nightmare, Squirrely the Squirrel, Piggly Porker, Sergeant Hartman, Gollum, and Captain Jack, as well as celebrity voices such as: President Obama, Elvis, Clint Eastwood, Sean Connery, and Arnold Schwarzenegger.
Tensions appear to be rising in Korea. Why? Apparently the North Korean's despise the idea the the United States will now take part in a joint military exercise that would begin on Monday and last for 11 days. In response, North Korea vows 'merciless counter-blow' to U.S., and South Korea. The military counteraction group called the DPRK (Democratic People's Republic of Korea, claims that a military response to the exercises is a strong threat to the United States and South Korea. Tensions have escalated between North Korea against the United States and South Korea ever since May, when the South Korean's blamed the North in sinking a South Korean warship in March. North Korea's statement on Sunday took direct aim at President Barack Obama as the spokesman for the General Staff of the Korean People's Army said, "The Obama Administration would be well advised to cool its head heated with the moves to isolate and stifle the DPRK".
I highly doubt that anything the North Korean's say would stop the exercises, scheduled to be started tomorrow. North Korea may cause trouble within their own region, but the United States would protect the South Korean Country in an event that North Korea would attack across its southern border into South Korea.
If North Korea is trying to play scare tactics, they must know that they truly failed, but instead is showing the world how dangerous a country they could be to the rest of the world.
In support behind the controversial proposal to build an Islamic center and mosque near New York's ground zero, the President said "Muslims have the same right to practice their religion as anyone else in this country." "That includes the right to build a place of worship and a community center on private property in lower Manhattan, in accordance with local laws and ordinances." The President made these statements at a White House dinner celebrating the Islamic holy month of Ramadan. Mayor Bloomberg of New York praised his statements in defense of the freedom of religion. But he also said " We must all recognize and respect the sensitivities surrounding the development of lower Manhattan," " The 9/11 attacks were a deeply traumatic event for our country." "The pain and suffering experienced by those who lost loved ones is unimaginable, " So I understand the emotions that this issue engenders. Ground Zero is, indeed, hallowed ground." "This is America, and our commitment to religious freedom must be unshakable," Obama said. "The principle that people of all faiths are welcome in this country, and will not be treated differently by their government, is essential to who we are. The writ of our Founders must endure."
Now who should dispute his statements made above? He is displaying what the critics call 'Political Correctness', but in their eyes, what he has just said doesn't make it right. Never the less, a difference of opinion on this issue will continue and people who oppose everything President Obama stands for will make statements against the President, regardless of what he states. An example would be from the son of former vice President Dan Quayle, Ben Quayle who is seeking a House seat in Arizona, making statements for political gain. So, What did he say? He said that President Obama is the worst President in U.S. History. With that statement, he may have lost his election. How can he make such a claim about a President who has only been in office for less than 2 years, a President who has not been afraid to institute legislation in that short period of time that other Presidents haven't been able to do in 8 years.
$600 Million.. How many people will that amount of money feed? Regardless of how many, this money has been approved by Congress to use for border security, helping to secure the U.S. - Mexico border. All that must be done now is for the President to sign the measure. He will sign the bill by the end of the week.
It was a unanimous vote, and has the full backing of the GOP leaders. Here is what the money will be used for...
+ Roughly 1,500 new law enforcement agents
+ New unmanned aerial vehicles
+ New forwarding operatiing bases
+ 14 Million in new communications equipment
+ Crackdown on transnational criminal organizations
+ Help reduce trafficking of people, drugs, currency and weapons
Security on the Southwest border of the United States has been a major complaint from leaders on both the Democratic and Republican parties. But with these funds available, measures can now be taken to help secure the borders. It is not know how long the money would last, and if more money would be needed. The bill is funded in part by imposing higher fees on personnel companies that bring foreign workers into the United States. Companies now and into the future should think twice before attempting to bring foreign workers into the United States.
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