President Obama’s Weekly Address

Visit the link below to listen to President Obama’s  Weekly radio address.

The White House Blog-President Obama Weekly Address

Obama Did The Right Thing To Put a Cap On Salaries of $550,000- It’s Enough

It a new day and a new climate for Wall Street firms. If you are going to accept tax payer money, there will be strings attached. It is corporate welfare.  You take our money, then you have to be responsible how you spend the money. There will  consequences.   If you take bail out money, you will need to be accountable.  The cap is at $550,000 per year, the pundits are saying this is not a lot of money for an executive to  make.  Sounds like a lot to me. What about the rest of us who are making  maybe a tenth of that?

Come on, give me a break.  It’s our money, you don’t like it, then leave.  It is accoutability.  There is no credibility and there is no confidence in Wall Street. Banks are taking junkets, spending year end bonus on some far away location.  Many are saying that the talent may leave because they can’t make the money.  I guess they need to make the free enterprise system work for itself…. Find a new job.

Geithner Just Confirmed-President Obama Moves To Swear Him In

Timothy Geithner was just confirmed as Treasury Secretary and he is slated to be immediately sworn in by either President Obama or Vice Presdient Biden.  President Obama wants to put Geithner to work immediately.  He is a key player in the ongoing  and crucial stimulus package debate.  Currently the White house and  congress are in a fierce debate over the $850 Trillion dollar Stmulus proposal. Today alone, Home Depot, Sprint/Nextel, Catepillar among other announced layoffs.

President Elect Barack Obama Faces Opposition On Stimulus Package

President Elect Barack Obama, faces opposition from his own political party. The problem is differences in approaches regarding content to be included in the stimulus package.

Obama wants to add tax cuts for businesses that hire each new worker, both republicans and democrats seem to disagree with this. Obama is willing to compromise to get the stimulus plan passed. The next few weeks will prove to be interesting as the congress, senate,  along with President Elect Obama,  negotiate the content of the stimulus package. In his weekly radio address President Obama called for urgency, something that all law makers should be in favor of.

Caroline Kennedy Should Be Selected For The Vacant Senate Seat In New York

Caroline Kennedy would be no less a good choice for the vacate senatorial seat in New York, than Hillary Clinton.  Hillary virtually had zero experience when she came to New York, for the sole purpose of running for the senate seat.  I do not see the difference between the two. Governor Paterson will do well by selecting her. After all he (Paterson) inherited the office by default himself and it is not clear if he will win re-reelection outright in 2010.

Given the Kennedy’s rich political heritage that Caroline has it is a slam dunk for New York State.  Politics are in the Kennedy gene and blood.

Barack Obama Earns Praise of Americans For Cabinet Selections

71% of  the American people think President Elect Barack Obama has done a good job in selecting his cabinet.  This is a higher percentage than when  President George Bush selected his cabinet. The  Bush approval rating was only 55%. Obama accomplished such high numbers by selecting a bi-partisan cabinet made up of both Democrat and Republicans and former rivals.  Some call it a team of rivals, with Hillary Clinton being a tenacious campaigner against Barack Obama during the Democratic primary.

Obama To Announce National Security Team Today

President Elect Barack Obama will announce his national security team today it is expected to include Sen. Hillary Clinton as Secretary of State and Robert Gates as Defense Secretary, a hold over from the Bush Administration. it is also reported that President Elect Obama will name retired Marine General Jim Jones as his National Security advisor. In addition Obama is also expected to nominate Susan Rice as United Nations Ambassador, and Arizona Governor, Janet Napolitano as Homeland Security Secretary; and Eric Holder as Attorney General.

Facts About The Inauguration

The presidential inauguration is an historic affair that dates back to our first President, George Washington. Barack Obama will be the 44^th President and the first African American President to be sworn in. “A New Birth of Freedom is the theme for Barack Obama’s inauguration and commemorates the 200th anniversary of Abraham Lincoln’s birth. The words come from the Gettysburg address, and express Lincoln’s hope that the sacrifice of those who died to preserve the nation shall lead to “a new birth of freedom” for our nation. Washington, DC is marking the Lincoln Bicentennial with a 4-month promotion featuring more than 80 events celebrating the life and legacy of President Lincoln.

Inaugural balls and parties take place at venues throughout the city, beginning approximately January 15 and ending the evening of January 20. The official balls are planned by the Presidential Inaugural Committee, which is established shortly after the election. Other balls are planned by the state societies. There will be many other balls and ceremonies held during the week.

President Elect Barack Obama Weekly Radio Address posted on U-Tube November 22, 2008

More Bad News threatens our economy as President Elect Barack Obama, boldly confronted the Prospect in his weekly radio address. Here is the link to  the U-Tube address …..

Lieberman’s Senate Career Saved By President Elect Obama

In his continued effort to reach out to former rivals and critics, Barack Obama urged his Democrat Senate
Colleagues to let hard feelings lie and allow Senator Joe Lieberman to continue chairing the Senate Homeland Security Committee. Lieberman, now an Independent criticized President Elect Barack Obama at the Republican National Convention. Lieberman openly supported John McCain and was a close confident to him throughout the campaign.

It goes without saying Lieberman’s Democratic colleagues in the Senate were furious with him. He could
easily be called a modern day Benedict Arnold. Lieberman has President Barack Obama to thank. Lierberman probably deserved worst.