PRESIDENTIAL NEWS CONFERENCE




U.S.PRESIDENT BARACK OBAMA
White House Photography by Chuck Kennedy, October 6, 2011

President Obama urges Congress to pass the American Jobs Act to cut taxes for small businesses and workers, spur economic growth and help the American people without delay.

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THEWHITEHOUSESPIN.COM

PRESIDENTIAL  NEWS CONFERENCE


Posted by Karen Ann Carr


President Barack Obama speaks about U.S. Jobs Bill & the Economy., But will he do something?

 

WASHINGTON- Why would you be opposed to building bridges? Why wouldn’t we employ more teachers? This jobs bill contains proposals for all; President Barack Obama said.

     The U.S. Senate will vote on bill next week. The payroll tax credit is set to expire. The public does not believe that Congress has the ability to act, right now. And the Stock Market is in flux, as the cynicism of the American people continues to grow. People are skeptical about the overall state of an American leadership, which refuses to operate fairly. There is some justifiable thinking that President Obama, simply, cannot persuade Congress to do something. American people are very frustrated.

    The Obama administration has not dealt with prosecuting anyone as it relates to the loop holes and rules bending on Wall Street. A lot of the shaky practices of Wall Street “were not illegal” President Obama said. He continues to support the U.S. Attorney General as it relates to financial investment rule breaking. “I have complete confidence in Attorney General Holder,” President Obama said.

     Meanwhile, the "Occupy Wall Street" protest President Obama said, is because ”people see two sets of rules.”

     "I will support banks doing the right thing. But Americans need a consumer watchdog in place. There are practices that just aren’t fair. We need a strong financial system with upfront businesses."

     So as the American people continue to "understand that all of the folks are not following the rules or old fashion American values,” President Obama continues to talk about the issue without actually doing something about the issue.

     There seems to be no will for buckling down and organizing a get back to work initiative on behalf of the American constituency. Both the Democrats and the Republicans seem to have their hands tied because the money of the Federal government has been spoken for. More debt can not be apart of the equation anymore. If the dollars don't add up the Congressional votes don/t add up.

     On new technologies President Obama said, “We’re running out of traditional energy.“ Are we really? Or is it that we have run out of money for traditional energy.

     Yes, as President Obama continues to argue “we need to dominate new technologies ten years from now.” But it did not cost hundreds of millions to create zero number of solar cells.

     "I am always open to negotiating with Congress," President Obama said. So why not get rid of an Energy Secretary that has administrated the theft of millions to create non-existent new energy. Why not ask for the resignation of a Treasury Secretary who has no strategy for legitimately growing the U.S. economy.  Artificially feeding dollars into a weakened economy is a travesty of justice. As President Obama said, "no one thinks Patent reform will create jobs." No one thinks taking money from small business owners and the wealthy creates jobs either. And new financial protections and environmental reforms have not protected residents of the United States of America either. We are in an emergency situation that requires more than the rhetoric and the white page documents, which few are reading.

     President Obama said, “We are in an emergency situation.” So the whole situation is puzzling. Everyone knows that the economy is bleeding value and that the situation is dire, but no one will actual do something to stop the momentum of the bleeding. And the Treasury Secretary has no strategy for sustaining the wealth of the nation, without sucking the well to do dryer.

     President Obama is right, the GOP has no good reason to oppose a jobs bill in theory, but both the Democrats and the Republicans have an obligation to operate within the actual means of real assets.  Why are millions being borrowed and given to nations competing against Americans?  Why are the Trade agreements lopsided? Why is money found to send American youth to war and possible harm, but college tuition going unsubsidized? Why hasn't President Obama asked for the resignation of the Treasury Secretary? The Treasury Secretary may be a nice person, be right now America needs a Treasury Secretary that knows how to do more than spend money.

     If the present administration and US Congress does nothing the people will be forced to contemplate running them all out of town, before the election." It has happened in the Middle East and Africa, why not in America" As President Obama said, "Americans know Congress needs to act." Conversely, Americans know that the Obama administration needs to act beyond rhetoric and white papers. People are skeptical that President Obama has it in him to actually do something. Talking about the issue and writing about the issue is not enough.

    

    

     Should we assume that the tax on millionaires and billionaires will be upheld to reduce the debt and the deficit? President Obama said, “This bill will cut taxes for small businesses” President Obama said. The debt ceiling debate was a “debacle.”

     “We’ve created jobs in the private sector. Americans need help right now. We need to live within our means. Too many people are hurting. There is no doubt that the economy is weaker than at the beginning of the year.

 



















 

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