Call for a Balanced Budget & Restitution
U.S. PRESIDENT BARACK OBAMA
White House Photo by Pete Souza , February 28, 2011.
President Barack Obama addresses a bipartisan group of governors in the State Dining Room at the White House in Washington.
THEWHITEHOUSESPIN.COM
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WASHINGTON
____________________________________________________________________________________________________________________________________"CALL FOR A BALANCED BUDGET & RESTITUTION FROM FINANCIAL INSTITUTIONS"
Written and Posted by Karen Ann Carr
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WASHINGTON, DC- Since the beginning of the Obama administrations tenure challenges have continued to unfold; but none as daunting as the economy. Under pressure to do something, President Barack Obama's predecessor, President George Bush, acted to prevent a depression. So to President Obama acted to prevent a depression, without holding the perpetrators accountable. They were so busy sustaining the foundations of the U.S. monetary system that they failed to round-up and prosecute the gold-collared criminals who may have contributed to the loss of American wealth over a period of two to three decades.
The problem is that both administrations have unintentionally stroked a roaring fire fueled by the value of U.S. dollars plus the value of U.S. real estate. Now the Obama administration and the U.S. Congress are developing budgets that are based on borrowed wealth, rather than real revenue gained from taxation, the value of real estate and the U.S. dollar. Meanwhile, the U.S. Congress and the administration is continuing to give monetary entitlements without adequate revenue or means to give.
The question is why U.S. senators aren’t and U.S. representatives focused developing a budget based on real revenue, rather than borrowed revenue. A great family develops a budget based on revenue promised or revenue in hand. Within the framework of a family, sticking to a budget means the family operates monetarily within the framework of the revenue being produced over a period of time.
Should the U.S. government continue to give people disability checks each month if no provisions have been set aside to do so? Should criminally negligent bank executives and financial executives be free to act out against the public well-being again with impunity? Shouldn’t the U.S. Congress acknowledge institutional theft by bank executives or financial institutions at the very least? Restitution for monetary fraud should be an essential part of governmental change in an open and fair administration.
U.S. dollars and U.S. real estate are commodities needed to sustain and govern the United States of America domestically and abroad. The United States of America can no longer afford to operate with one eye closed and the other eye covered.
Just a thought.

U.S. PRESIDENT BARACK OBAMA
White House Photo by Pete Souza , February 23, 2011.
President Barack Obama meets with Secretary of State Hillary Rodham Clinton and National Security Advisor Tom Donilon in the White House Oval Office.
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THEWHITEHOUSESPIN.COM
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WASHINGTON
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U.S. VICE PRESIDENT JOE BIDEN
White House Photo by Chuck Kennedy , February 28, 2011.
U.S. Vice President Joe Biden delivers remarks to governors attending the National Governors Association’s meeting in the State Dining Room of the White House.
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February 28, 2011
U.S. AMBASSADOR TO THE UNITED NATIONS
DR. SUSAN RICE
after a meeting with U.S. President Barack Obama and the U.N. Secretary General General Ban Ki-moonWhite House James S. Brady Press Briefing Room
3:33 P.M. EST
AMBASSADOR RICE:
"Thank you very much, Jay. Good afternoon, everyone. I want to start by giving a brief readout of the President’s meeting with U.N. Secretary General Ban Ki-moon that just finished a little while ago.
As you might expect, a significant portion of that meeting was devoted to discussing the situation in Libya. The U.N. has played a positive and very important role in efforts to end the bloodshed there and to hold the Qaddafi regime accountable, and support the Libyan people. Indeed, in Libya, the United Nations is demonstrating the indispensable role that it can play in advancing our interests and defending our values.
We'll come back to Libya in a few minutes, but let me just finish with the brief readout of the President’s meeting with the Secretary General.
The President and the Secretary General also discussed the situation elsewhere in the Middle East as well as the situation in Côte d’Ivoire. And with respect to Côte d’Ivoire, they expressed their concern about the escalation of violence there and the need to enable the legitimately elected president, Alassane Quattara, to assume responsibility for governing Côte d’Ivoire.
They also discussed the historic referendum that recently took place in Southern Sudan, where the people overwhelmingly voted for independence. And they discussed the vital work that the U.N. and the international community have still to do, along with the parties to the Sudanese conflict, to resolve outstanding issues and ensure lasting peace as the South gains its independence in July of this year.
The President and the Secretary General also discussed their shared agenda to build on the strengths of the United Nations while pursuing and implementing very important management reforms as well as budgetary discipline.
And finally, President Obama reaffirmed the administration’s strong belief that the United Nations continues to play a vital role in addressing tough, global and transnational threats, and in doing so, its work enhances the safety and well-being of the American people.
Now, coming back to Libya, as you know on Saturday night in New York, the Security Council unanimously adopted Resolution 1970, a tough and binding set of sanctions aimed at stopping the Libyan regime from killing its own people.
As you know, from the very beginning of the crisis in Libya, we’ve been clear that it’s vitally important for the international community to speak with one voice, and it has done so with an unusual and important sense of urgency, determination and unity of purpose.
This resolution that we passed had several important components. First, it refers the situation in Libya directly to the International Criminal Court. This is the first time that the Security Council has unanimously voted to refer a case of heinous human rights violations to the ICC.
Secondly, it includes a travel ban and an assets freeze on key Libyan leaders. It imposes a complete arms embargo on Libya and mechanisms to enforce it. And finally, it takes new steps against the use of mercenaries by the Libyan government to attack its own people, and it facilitates the delivery of vital humanitarian assistance.
These sanctions and accountability mechanisms should make all members of the Libyan regime think about the choice they have before them: Violate human rights and be held accountable, or stop the violence and respect the Libyan peoples’ call for change. There’s no escaping that critical choice.
Meanwhile, all the members of the United Nations Security Council are united in their determination that these sanctions work and work as swiftly as possible. But the Security Council has not finished its business and will continue to monitor the situation in Libya quite closely.
And I’ll reiterate what the President said over the weekend. Now is the time for Colonel Qaddafi to step aside to prevent further bloodshed and to allow the Libyan people to have a government that is responsive to their aspirations.
I’m happy to take a few of your questions."
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U.S. PRESIDENT BARACK OBAMA & VICE PRESIDENT JOE BIDEN
White House Photo by Pete Souza, February 25, 2011.
President Barack Obama and Vice President Joe Biden meet with Democratic Governors in the Eisenhower Executive Office Building, Feb. 25, 2011, to discuss ways Washington and states can work together to grow the economy and create jobs.

U.S. PRESIDENT BARACK OBAMA
White House Photo by Pete Souza , February 28, 2011.
President Barack Obama addresses a bipartisan group of governors in the State Dining Room at the White House in Washington.


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