Barach Obama's old school picture

Barack Obama's Economy Budget plans

Barack Obama's Economy Budget plans:
# Make government fiscally responsible & live within budget. (Oct 2008)
# When Bush came in, we had a surplus; now we have a deficit. (Oct 2008)
# Middle class needs a rescue package with tax cuts. (Oct 2008)
# Bailout will unfreeze credit & allow businesses to function. (Oct 2008)
# Every citizen should save energy & resources. (Oct 2008)
# FactCheck: National debt up from $6T to $10T under Bush. (Oct 2008)
# Clinton left behind a surplus; Bush squandered it. (Jun 2008)
# A different economic approach vs. McCain’s 4 more years. (May 2008)
# Can’t do anything at home with $12 billion a month on Iraq. (Feb 2008)
# Protect consumers with Credit Card Bill of Rights. (Feb 2008)
# Bush stimulus plan leaves out seniors & unemployed. (Jan 2008)
# Account for every single dollar for new proposed programs. (Jan 2008)
# Bankruptcy bill pushed by banks & financial institutions. (Jan 2008)
# Lack of an energy policy is a financial burden. (Jan 2008)
# Release people in bankruptcy due to health care problems. (Jan 2008)
# Bush & GOP dug budget hole; need years to dig out. (Dec 2007)
# Save $150 billion in tax cuts for people who don’t need them. (Dec 2007)
# Take China “to the mat” about currency manipulation. (Dec 2007)
# Rejects free market vision of government. (Oct 2007)
# Return to PayGo: compensate for all new spending. (Oct 2006)
# Bush’s economic policies are not working. (May 2004)
# Supports federal programs to protect rural economy. (May 2004)

Barack Obama's words on Corporations of America

Barack Obama's words on Corporations:
* We both cut taxes; but McCain offers $200B to corporations. (Oct 2008)
* No capital gains tax on earnings under $250K. (Oct 2008)
* We need Wall Street responsibility BEFORE financial crises. (Sep 2008)
* High corporate tax rate is offset by numerous loopholes. (Sep 2008)
* We still need corporate ethics & vigilant government. (Jul 2008)
* Cap the farm subsidies for Fortune 500 companies. (Dec 2007)
* End tax breaks for companies that send jobs overseas. (Aug 2007)
* Hold corporations responsible for pensions & work conditions. (Aug 2007)
* Tax incentives for corporate responsibility. (Jun 2004)
* Close tax loopholes for US companies relocating abroad. (Jun 2004)
* REAL USA Plan: Reward companies that create domestic jobs. (Jun 2004)
* Voted YES on repealing tax subsidy for companies which move US jobs offshore. (Mar 2005)
* Voted NO on reforming bankruptcy to include means-testing & restrictions. (Mar 2005)
* Prevent money laundering by disclosing corporate owners. (May 2008)

Obama's Inaugural Address: The Full Text

My fellow citizens: I stand here today humbled by the task before us, grateful for the trust you have bestowed, mindful of the sacrifices borne by our ancestors. I thank President Bush for his service to our nation, as well as the generosity and cooperation he has shown throughout this transition.
Forty-four Americans have now taken the presidential oath. The words have been spoken during rising tides of prosperity and the still waters of peace. Yet, every so often the oath is taken amidst gathering clouds and raging storms. At these moments, America has carried on not simply because of the skill or vision of those in high office, but because We the People have remained faithful to the ideals of our forbearers, and true to our founding documents.

So it has been. So it must be with this generation of Americans.

That we are in the midst of crisis is now well understood. Our nation is at war, against a far-reaching network of violence and hatred. Our economy is badly weakened, a consequence of greed and irresponsibility on the part of some, but also our collective failure to make hard choices and prepare the nation for a new age. Homes have been lost; jobs shed; businesses shuttered. Our health care is too costly; our schools fail too many; and each day brings further evidence that the ways we use energy strengthen our adversaries and threaten our planet.

These are the indicators of crisis, subject to data and statistics. Less measurable but no less profound is a sapping of confidence across our land — a nagging fear that America's decline is inevitable, and that the next generation must lower its sights.

Today I say to you that the challenges we face are real. They are serious and they are many. They will not be met easily or in a short span of time. But know this, America — they will be met.

On this day, we gather because we have chosen hope over fear, unity of purpose over conflict and discord.

On this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and worn-out dogmas, that for far too long have strangled our politics.

We remain a young nation, but in the words of Scripture, the time has come to set aside childish things. The time has come to reaffirm our enduring spirit; to choose our better history; to carry forward that precious gift, that noble idea, passed on from generation to generation: the God-given promise that all are equal, all are free, and all deserve a chance to pursue their full measure of happiness.
In reaffirming the greatness of our nation, we understand that greatness is never a given. It must be earned. Our journey has never been one of short-cuts or settling for less. It has not been the path for the faint-hearted — for those who prefer leisure over work, or seek only the pleasures of riches and fame. Rather, it has been the risk takers, the doers, the makers of things — some celebrated but more often men and women obscure in their labor, who have carried us up the long, rugged path towards prosperity and freedom.

For us, they packed up their few worldly possessions and traveled across oceans in search of a new life.

For us, they toiled in sweatshops and settled the West; endured the lash of the whip and plowed the hard earth.

For us, they fought and died, in places like Concord and Gettysburg; Normandy and Khe Sanh.

Obama Cleans Up After Bush

Obama Oval Office: On Day One, Obama orders new ethics rules, summons military, economic chiefs to White House:

President Barack Obama has promised change for America, but when it comes to environmental regulations, he's still in the grip of yesterday. In his last few months in office, former President George W. Bush's Administration pushed through over 150 "midnight regulations," many of them weakening existing environmental protections. Although Obama is now in charge, most of Bush's new rules are on the books, and changing them will take time and effort from an already burdened White House. "The Obama Administration will be saddled with reversing harmful Bush rules at the same time that Obama wants to enact his own agenda," says John Walke, a senior attorney for the Natural Resources Defense Council (NRDC).

That's no accident. In May 2008, then White House chief of staff Joshua Bolten issued a memo instructing federal agencies to finalize any new regulations by Nov. 1, 2008. At the time, the White House said the memo was meant to head off the rush of last-minute.
Source: TIME

Barack Obama is the President of the U.S.A. now

President Barack Obama took the oath of office as the 44th president of the United States and delivered an inaugural address focusing on the themes of sacrifice and renewal on January 20, 2009.

President Barack Obama 2009 Inauguration and Address