President Obama Speaks At The SelectUSA Investment Summit


 

By Jueseppi B.

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The U.S. Department of Commerce’s International Trade Administration is hosting the inaugural SelectUSA 2013 Investment Summit. The two day event will take place at the Marriott Wardman Park Hotel in Washington, D.C. on October 31 – November 1, 2013.

 

This unprecedented event will connect businesses and investors from the United States and around the world with U.S. state and regional economic development organizations in an effort to promote investment in the United States. Along with U.S. and international businesses, the SelectUSA Investment Summit will bring together senior White House and Administration officials, subject matter experts, and industry and technical specialists.

 

The two-day event will include a combination of plenary speeches, panels, and smaller breakout sessions focused on specific business or industry topics, such as the U.S. energy revolution, capital availability, research and development, infrastructure, and the manufacturing resurgence.

 

The event will also feature an exhibit floor populated by U.S. economic development organizations with matchmaking opportunities for investors, and a ‘helpdesk’ where investors can ask questions directly to relevant federal agencies. – See more at: http://districtexportcouncil.org/content/first-ever-selectusa-investment-summit#sthash.ncNn2Q88.dpuf

 

 

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Ambassador Vinai Thummalapally
October 31, 2013
06:55 PM EDT

 

President Barack Obama delivers remarks at the SelectUSA Investment Summit in Washington, D.C., Oct. 31, 2013. President Barack Obama delivers remarks at the SelectUSA Investment Summit in Washington, D.C., Oct. 31, 2013. (Official White House Photo by Chuck Kennedy)

 

Ed. note: This is cross-posted from Tradeology, the official blog of the International Trade Administration. See the original post here.

 

“There’s no substitute for those three proud words: ‘Made in America.’”

 

President Obama has been emphatic that the United States remains the best place in the world to do business. Today at the SelectUSA Investment Summit, he reiterated that message to 1,000 business leaders from nearly 60 countries.

 

“When you bet on America, that bet pays off,” the president said as he closed his keynote address.

 

Your country is your product when you’re attracting foreign direct investment. At the Summit today, we showed the world that the United States is the absolute best product on the market.

 

“America is open for business,” said Commerce Secretary Penny Pritzker. “Our market has provided long-term stability and unmatched returns for investors.”

 

Attendees began making connections as soon as the doors opened.  Representatives from 47 states, three territories, and Washington, D.C., showed off investment opportunities around the country.

 

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President Obama Speaks at the SelectUSA Investment Summit

 

Published on Oct 31, 2013

President Obama tells foreign business leaders that there is no better place in the world to invest and do business than the United States. October 31, 2013.

 

 

Treasury Secretary Jack Lew highlighted many advantages a company has when it invests in America – including robust infrastructure and low barriers for entrepreneurs. CEOs from major national and international companies echoed those messages throughout the day.

 

“We have the most resilient capital markets in the world,” said Larry Fink, CEO of BlackRock.

 

Andrew Liveris said that when it comes to investment in research and development, “the U.S. is number one.”

 

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We are showing the world that when you invest in the United States, you’re making a tactical decision to help your company grow. There are numerous advantages to bringing your business here:

 

·         You’re gaining access to a reliable system of infrastructure for transporting goods;

·         American workers remain among the most skilled and productive in the world;

·         This is an enormous market of consumers;

·         U.S. regulatory systems protect innovation and support business growth; and

·         Local and state governments want to work with you.

 

Walmart can’t provide low prices to consumers without getting quality products at a low cost. So the SelectUSA Summit was the perfect platform for Bill Simon, President and CEO of Walmart U.S., to announce the company’s initiative to buy more products from American manufacturers.

 

“Today’s announcement… highlights opportunities that exist for manufacturers to invest in the USA by re-shoring or expanding their manufacturing in America,” Simon said at the Summit.

 

Businesses, investors, and economic development organizations also took to social media to discuss the Summit, and we’re glad that we’ve been able to share information from this event with people around the world who have an interest in FDI.

 

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I encourage you to keep up with and contribute to the conversation on Twitter throughout the Summit using #SelectUSA.

The entire event is also being webcast here: http://new.livestream.com/accounts/4828334/selectUSA2013. I encourage you to watch, no matter where you are in the world, so you can take advantage of the experts explaining why the United States is the best possible investment destination for your business.

 

Press Briefing

October 31, 2013 | 01:03:42 |Public Domain

 

White House Press Briefings are conducted most weekdays from the James S. Brady Press Briefing Room in the West Wing.

 

 

 

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Barack’s World™: Saturday The 5th Of October, 2013


 

By Jueseppi B.

barackworld

 

 

White House Tweet – October 5, 2013

 

 

 

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Statements and Releases

 

Weekly Address: End the Government Shutdown

 

In this week’s address, President Obama said that Republicans in the House of Representatives chose to shut down the government over a health care law they don’t like. He urged the Congress to pass a budget that funds our government, with no partisan strings attached. The President made clear he will work with anyone of either party on ways to grow this economy, create new jobs, and get our fiscal house in order for the long haul – but not under the shadow of these threats to our economy.

 

 

 

 

President Obama and Vice President Biden at Taylor Gourmet, October 4, 2013

October 04, 2013 | 4:32 |Public Domain

 

President Obama and Vice President Biden visit Taylor Gourmet, a small business in Washington, D.C., to thank them for providing a 10% discount (and a cookie) to furloughed employees (October 4, 2013).

 

 

President Obama and Vice President Biden walk to buy lunch at a sandwich shop near the White House, October 4

President Obama and Vice President Biden walk to buy lunch at a sandwich shop near the White House, October 4

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Press Briefing

October 04, 2013 | 55:31 |Public Domain

 

White House Press Briefings are conducted most weekdays from the James S. Brady Press Briefing Room in the West Wing.

 

 

 

West Wing Week: 10/04/13 or “#JustVote and End This Shutdown”

October 04, 2013 | 3:19 |Public Domain

 

This week, the House of Representatives shut down the government, the President continued to urge them to pass a resolution to open the government back up, and the Health Insurance Marketplace opened for business under the Affordable Care Act. That’s September 27th to October 3rd, or “Just vote, and end this shutdown.”

 

 

 

Barack Obama Swagger

 

Uploaded on Feb 15, 2011

Barack Obama Swagger is a video capturing the swag of the 44th President of the United States.

 

 

 

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Due to Congress’s failure to pass legislation to fund the government, the information on this web site may not be up to date. Some submissions may not be processed, and we may not be able to respond to your inquiries.

 

Information about government operating status and resumption of normal operations is available at USA.GOV.

 

Statement by the Press Secretary on Cancellation of the President’s Trip to Asia

 

Statement by the Press Secretary on Cancellation of the President’s Trip to Asia

Due to the government shut-down, President Obama’s travel to Indonesia and Brunei has been cancelled. The President made this decision based on the difficulty in moving forward with foreign travel in the face of a shutdown, and his determination to continue pressing his case that Republicans should immediately allow a vote to reopen the government.  Secretary Kerry will lead delegations to both countries in place of the President.

 

The cancellation of this trip is another consequence of the House Republicans forcing a shutdown of the government.   This completely avoidable shutdown is setting back our ability to create jobs through promotion of U.S. exports and advance U.S. leadership and interests in the largest emerging region in the world.  The President looks forward to continuing his work with our allies and partners in the Asia-Pacific and to returning to the region at a later date.

 

President Obama Announces More Key Administration Posts

 

 

Nathaniel Lubin
Nathaniel Lubin

October 03, 2013
02:30 PM EDT

 

Today in Rockville, MD, President Obama visited M. Luis Construction Company to talk about the impact of the government shutdown on the economy and why Congress needs to “just vote.” The President’s Small Business Jobs Act and other SBA programs have helped local businesses like M. Luis Construction grow in recent years, but the government shutdown has disrupted these programs.

The President’s remarks highlighted the effects of the shutdown on the American people, effects that could be avoided just by putting a resolution to fund the government and avoid a default to an up-or-down vote. Watch the entire speech here:

 

 

How Has the Government Shutdown Affected You?

 

 

Americans Are Enrolling Through HealthCare.gov

 

 

President Obama’s Message: Pass a Budget and End the Government Shutdown

 

 

What’s Affected by a Government Shutdown?

 

 

President Obama’s Letter to Federal Employees on the Shutdown of the Government

 

 

What Does the Health Insurance Marketplace Mean for You?

 

 

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Get Covered America

 

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Visit healthcare.gov

 

 

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Actress Kerry Washington

 

 

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Actor Bryan Greenberg

 

 

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Actress Olivia Wilde and Actor Billy Eichner

 

 

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Actress Connie Britton

 

 

 

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Actor Taye Diggs

 

 

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Actress Adrianne Palicki

 

 

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Actor Josh Hopkins

 

 

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Senior Advisor Valerie Jarrett

 

 

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Musician Pharrell Williams

 

 

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Actress Amy Poehler

 

 

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Actor Marlon Wayans

 

 

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Actor Scott Foley

 

 

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Actress Jessica Szohr

 

 

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Actor Kevin Zegers

 

 

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Musician Lady Gaga

 

 

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Actor Gabriel Mann

 

 

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Actress Emily VanCamp

 

 

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Actress Sophia Bush

 

 

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Actor Dulé Hill

 

 

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Meet the Next White House Chief Of Staff: Mr. Denis McDonough


By Jueseppi B.

 

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From The White House Blog:

 

Meet the Next White House Chief of Staff

 

 

Matt Compton
By  Matt Compton   January 25, 2013

 

 

 

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President Barack Obama announces Denis McDonough as his Chief of Staff, replacing Jack Lew, the President’s nominee for Treasury Secretary, in the East Room of the White House, Jan. 25, 2013. (Official White House Photo by Sonya N. Hebert)

 

 

President Obama today tapped Denis McDonough to serve as his Chief of Staff and lead the team at the White House.

 

McDonough, 43, was previously the Deputy National Security Advisor. He began his career as a staffer on Capitol Hill — where he served in both in the House of Representatives and in the Senate. In the White House, he previously served as the head of strategic communications for the National Security Council and as the NSS chief of staff.

 

“Denis has played a key role in every major national security decision of my presidency,” the President said, “from ending the war in Iraq to winding down the war in Afghanistan; from our response to natural disasters around the world like Haiti and the tsunami in Japan to the repeal of ‘Don’t Ask, Don’t Tell,’ to countless crises in between, day and night — and that includes many nights. I’ve actually begun to think that Denis likes pulling all-nighters. The truth is nobody out-works Denis McDonough.”

 

The two were joined by the outgoing chief of staff — Jack Lew — who President Obama has appointed to serve as Secretary of the Treasury Department.

 

“As I said earlier this month, I could not be more grateful to Jack Lew for his amazing service, first as our OMB Director, then at the State Department, and ultimately as my Chief of Staff,” the President said.

 

Read the full remarks from the event here. Or watch the video of the announcement

 

 

 

 

 

 

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Photo of the day: The President runs with new WH Chief of Staff Denis McDonough’s kids on the White House colonnade (Pete Souza)

 

 

 

Now For Some Diversity……….

 

 

The White House

 

Office of the Press Secretary

 

For Immediate Release
January 25, 2013

President Obama Announces Key White House Posts

 

WASHINGTON, DC – Today, President Barack Obama announced the following individuals will serve in key White House posts:

 

• Denis McDonough – White House Chief of Staff

 
• Rob Nabors – Assistant to the President and Deputy White House Chief of Staff for Policy

 
• Antony Blinken – Assistant to the President and Deputy National Security Advisor

 
• Danielle Gray – Assistant to the President and Cabinet Secretary

 
• Katy Kale – Assistant to the President for Management and Administration

 
• Lisa Monaco – Assistant to the President for Homeland Security and Counterterrorism and Deputy National Security Advisor

 
• Jennifer Palmieri – Assistant to the President and Communications Director

 
• Dan Pfeiffer – Assistant to the President and Senior Advisor

 
• Miguel Rodriguez –Assistant to the President and Director of Legislative Affairs

 
• David Simas – Assistant to the President and Deputy Senior Advisor for Communications and Strategy

 

 

Here’s a quick glimpse at what happened this week on WhiteHouse.gov:

 

Inauguration Weekend: On Saturday, Americans across the country took part in the National Day of Service, a project started four years ago to honor the life and legacy of Reverend Dr. Martin Luther King, Jr. The First Family kicked off the weekend at Burrville Elementary School in Washington, D.C. where they worked on school improvements. Watch the President and First Lady speak at the service event here.

 

 

On Sunday, in accordance with the Constitution which states the President must take the oath of office on January 20 in the year of an inauguration, President Obama and Vice President Biden were officially sworn in. Check out  video of the President taking the oath at the White House and the Vice President taking the oath at the Naval Observatory.

 

 

Inauguration Day: On Monday, President Obama delivered hisInaugural Address to the country and was publicly sworn in for a second term. Fittingly on Martin Luther King Jr. Day, President Obama shared his vision for a second term. President Obama said, “My fellow Americans, we are made for this moment, and we will seize it – so long as we seize it together.”

 

Check out the 57th Presidential Inauguration page, which includes our featured video on opportunities to interact with the White House, graphics to share on Facebook and a photo gallery from the historic weekend.

 

 

  • Watch the full address here.

 

  • Listen to the speech here.

 

  • Watch the complete Inauguration Ceremony here.

 

  • Watch the President and Vice President speak at an Inaugural Luncheon here.

 

  • Watch Highlights from the 2013 Inaugural Parade here.

 

 

Surprise: On Tuesday, the President and the First Lady were in the Blue Room where they surprised visitors during their White House tour. The First Lady used her new Twitter account to let followers know what was happening beforehand.

 

 

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See what is like to be surprised by the President and follow@FLOTUS  to receive real time updates and special messages from the First Lady and the Office of the First Lady.

 

 

Fireside Hangouts: On Thursday, Vice President Biden took part in the latest “Fireside Hangout” hosted by Google. The Vice President outlined the Administration’s plan to protect our communities from gun violence, while answering questions from participants.

 

The virtual roundtable can be seen in its entirety here and you can join us on the White House’s Google+ page for ways you can become involved with the next hangout.

 

 

White and Cordray Nominated: On Thursday, President Obama nominated Mary Jo White for head of the Securities and Exchange Commission and called for Richard Cordray to continue as Director of the Consumer Financial Protection Bureau. Both can play pivotal roles in the financial sector as White will be asked to keep Wall Street and banks accountable, while Cordray will oversee the laws that protect everyday Americans.

“These are people with proven track records,” said President Obama. “They are going to look out for the American people, for American consumers, and make sure that our marketplace works better — more transparently, more efficiently, more effectively.”

 

 

 

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The Friday Buzz At Barack’s House


By Jueseppi B.

 

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West Wing Week: 01/11/13 or “The Interests of Our Country”

 

Adam Garber
                          By  Adam Garber   January 11, 2013  The White House Blog

 
 
 
 
Welcome to the West Wing Week, your guide to everything that’s happening at 1600 Pennsylvania Ave. This week, the President nominated a bipartisan slate of leaders to key administration jobs and the Vice President met with a wide array of organizations to talk about efforts to reduce gun violence.

 

 

 


Friday, January 4th:

 

 

Monday, January 7th: 

 

 

Wednesday, January 9th:

 

 

Thursday, January 10th:

  • The President called Alabama’s Head Football Coach Nick Saban to congratulate his team on their victory in the BCS National Championship Game.  The Crimson Tide has now won the title 3 times in the last 4 years.

 

 
 
 
 
 
 

President Obama Nominates Jacob Lew as Treasury Secretary

 

Matt Compton
                       By   Matt Compton   January 10, 2013   The White House Blog

 

 

20130110-lewPresident Barack Obama announces Chief of Staff Jack Lew is his nominee for Treasury Secretary to replace Timothy Geithner, right, in the East Room of the White House, Jan. 10, 2013. (Official White House Photo by Chuck Kennedy)

 

 

 

Today, in an event President Obama nominated Jacob Lew — the current White House chief of staff — to serve as the next Treasury Secretary.

 

“Over the past year, I’ve sought Jack’s advice on virtually every decision that I’ve made, from economic policy to foreign policy,” the President said.

 

Jack Lew has decades of experience tackling some of the nation’s toughest economic challenges. As director of the Office of Management and Budget under President Clinton, Lew helped to negotiate the deal that balanced the federal budget — and led to a budget surplus. In the Obama Administration, even before becoming chief of staff, he has helped to manage the day-to-day operations at the State Department and shepherd through the Budget Control Act to reduce federal spending in a second stint at OMB.

 

“One reason Jack has been so effective in this town is because he is a low-key guy who prefers to surround himself with policy experts rather than television cameras,” said President Obama. “And over the years, he’s built a reputation as a master of policy who can work with members of both parties and forge principled compromises.”

 

The President also offered his gratitude to his current Treasury Secretary, Timothy Geithner — who helped to guide the country through the financial crisis and get the economy growing again.

 

“When the history books are written,” he said, “Tim Geithner is going to go down as one of our finest Secretaries of the Treasury.” 

 

Read the full remarks here, or watch the video of the event

 

 

President Obama Nominates Jack Lew for Secretary of the Treasury

 

 

 

 

 

Hmmmmm……not any diversity in the Obama White House Administration you say……

p011013ps-01913President Barack Obama talks with Felicia Escobar, Senior Policy Director for Immigration, left, and Cecilia Muñoz, Director of the Domestic Policy Council, at the end of a meeting with advisors in the Roosevelt Room of the White House, Jan. 10, 2013. Pictured in the background are: Deputy Chief of Staff for Policy Nancy-Ann DeParle; Acting Office of Management and Budget (OMB) Director Jeffrey Zients; National Economic Council Director Gene Sperling; Rob Nabors, Assistant to the President for Legislative Affairs; and Rob Nabors, Assistant to the President for Legislative Affairs. (Official White House Photo by Pete Souza)

 

 

I beg to differ…….Diversity In Barack’s House

 

 

 

 

 

 

Statements and Releases

 

January 10, 2013

Statement by the Press Secretary on Bills Signed on January 10, 2013

 

 

January 07, 2013

Statement by the Press Secretary on the visit of President Hamid Karzai of Afghanistan to the White House

 

 

 

Joseph Robinette “Joe” Biden, Jr. And GUNS!!

 

Vice President Biden Meets with Sportsmen and Wildlife Interest Groups

 

 

 

Requiring all gun buyers to pass a federal background check could be a key part of a White House plan to combat mass shootings, Vice President Joe Biden indicated as he prepared to present recommendations to the president on Tuesday.

 

Speaking to reporters Thursday, Biden said he had found a “surprising recurrence of suggestions” for “universal background checks” in meetings with interest groups. Background checks are not required in private sales by unlicensed dealers, including transactions at gun shows.

 

Biden is expected to propose measures that President Obama could institute by executive action, as well as proposed laws, such as bans on assault weapons and high-capacity magazines.

 

The quick movement to roll out potential remedies to mitigate gun violence — ahead of schedule and just days before Obama and Biden are sworn into a second term — is a signal of the urgency the White House aims to project in developing a response to the Newtown, Conn., elementary school shooting.

 

Full report by The LA Times can be read here

 

 

 

The NRA’s Worst Nightmare: Joe Biden

 

 

 

Vice President Biden Meets with Groups to Discuss Violence Prevention

 

 

 

 

 

White House Schedule for Friday, the 11th of January:

 

All Times Eastern Standard Time

 

10:30 PM: President Barack Obama holds a bilateral meeting with President Karzai of Afghanistan.

 

12:00 PM: President Barack Obama meets for lunch with President Karzai; Vice President Joseph Biden attends.

 

1:15 PM: President Barack Obama and President Karzai hold a joint press conference.

 

 

Presidential Inaugural Committee Updates:

 

From Jonathan Capehart:

Controversy over an anti-gay sermon by Louie Giglio of Passion City Church in Atlanta forced him to withdraw his acceptance of the invitation to deliver the benediction at the presidential inaugural. Good. President Obama should not have to share the stage with him.

 

Obama is the most pro-gay person to occupy the Oval Office. He ended the ban on gay men and lesbians serving openly in the military. His administration has stopped defending the so-called Defense of Marriage Act in court. He has expressed his personal support for marriage equality. And in pronouncement and policy, the president and his administration have made bringing dignity, equity and fairness to gay people and their families a priority.

 

That’s why it boggled the mind that the Presidential Inaugural Committee would force Obama to share the stage with Giglio.

 

Get the rest of the story….Here: Louie Giglio out from Inaugural: Good

 

 

Rev. Louie Giglio Knocked Out of Obama Inaugural Ceremony For Anti-Gay Sermon

 

 

 

 

US Magazine reports:

 

President Barack Obama’s second inauguration is shaping up to be one of the hottest tickets of the year.

 

Two days after the Presidential Inaugural Committee announced that Beyonce, Kelly Clarkson, and James Taylor would perform at the official ceremony …. several other celebs have been added to the weekend’s star-studded lineup.

 

The committee announced Friday, Jan. 11, that Alicia Keys, Brad Paisley, Katy Perry, John Legend, fun, Stevie Wonder, and Usher would be among those on hand at the Kids’ Inaugural Concert on Saturday, Jan. 19, and at the official Inaugural balls on Monday, Jan. 21. Marc Anthony, Nick Cannon, Smokey Robinson, and members of the cast of Glee are also expected to make appearances.

 

Read all about these update at US Magazine.

 

 

And finally from The Rev Al:

 

Obama To Be Sworn in With Lincoln’s and Martin Luther King Jr.’s Bibles

 

 

 

 

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Oh GOD….Another Caucasian Man Added To The Obama Cabinet!!! (Sarcasm)


By Jueseppi B.

 

 

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President Obama Nominates Jack Lew for Secretary of the Treasury

 

Published on Jan 10, 2013

President Obama announces Jack Lew as his nominee to replace Tim Geithner as Treasury Secretary. January 10, 2013.

 

 

 

 

 

 

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Speeches and Remarks

 

January 10, 2013

Remarks by the President in Nomination of Secretary of the Treasury

 

 

The White House  Office of the Press Secretary

January 10, 2013

 

Remarks by the President in Nomination of Secretary of the Treasury

 

 

Published on Jan 10, 2013

President Obama announces Jack Lew as his nominee to replace Tim Geithner as Treasury Secretary. January 10, 2013.

 

East Room

1:40 P.M. EST

 

THE PRESIDENT:  Good afternoon, everybody.  Please have a seat.  A little more than four years ago, I stood with Mr. Tim Geithner and announced him as my first nominee to my Cabinet.  We were barely two months into the financial crisis.  The stock market had cratered.  The housing market had cratered as well.  Bank after bank was on the verge of collapse.  And worst of all, more than 800,000 Americans would lose their jobs in just that month.  And the bottom was not yet in sight.

 

So I couldn’t blame Tim when he tried to tell me he wasn’t the right guy for the job.  (Laughter.)  But I knew that Tim’s extensive experience with economic policy made him eminently qualified, and I also knew that he could hit the ground running.  As Chairman of the New York Federal Reserve, he had just spent several sleepless and chaotic weeks immersed in the complexities of the crisis, and had been working closely with his Republican predecessor at Treasury to save the financial system.

 

Then, with the wreckage of our economy still smoldering and unstable, I asked Tim to help put it back together.  And thanks in large part to his steady hand, our economy has been growing again for the past three years, our businesses have created nearly 6 million new jobs.  The money that we spent to save the financial system has largely been paid back.  We’ve put in place rules to prevent that kind of financial meltdown from ever happening again.  An auto industry was saved.  We made sure taxpayers are not on the hook if the biggest firms fail again.  We’ve taken steps to help underwater homeowners come up for air, and open new markets to sell American goods overseas.  And we’ve begun to reduce our deficit through a balanced mix of spending cuts and reforms to a tax code that at the time that we both came in was too skewed in favor of the wealthy at the expense of middle-class Americans.

 

So when the history books are written, Tim Geithner is going to go down as one of our finest Secretaries of the Treasury.  (Applause.)

 

All right, don’t embarrass him.  (Laughter.)

 

On a personal note, Tim has been a wonderful friend and a dependable advisor throughout these last four years.  There’s an unofficial saying over at Treasury — “no peacocks, no jerks, no whiners.”  That would be a good saying for all of Washington — (laughter) — “no peacocks, no jerks, no whiners.”  Few embody that ideal better than Tim Geithner.  That’s why, when Tim was thinking about leaving a couple of years ago — (laughter) — I had to personally get on my knees with Carole to help convince him to stay on a little bit longer.  And I could not be more grateful to Carole and the entire Geithner family for allowing him to make the sacrifices that so many of our Cabinet members ask of their families in serving the country.

 

The fact is, while a lot of work remains, especially to rebuild a strong middle class and offer working folks new pathways to rise into the middle class, our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis.  The tough decisions Tim made and carried out deserve a lot of credit for that.  So I understand that Tim is ready for a break.  Obviously, we’re sad to see him go.  But I cannot think of a better person to continue Tim’s work at Treasury than Jack Lew.

 

This is bittersweet not only because Tim is leaving, but also because Jack has been my Chief of Staff for the last year.  He was my budget director before that.  I trust his judgment.  I value his friendship.  I know very few people with greater integrity than the man to my left.  And so I don’t want to see him go because it’s working out really well for me to have him here in the White House.  But my loss will be the nation’s gain.

 

Jack has the distinction of having worked — and succeeded — in some of the toughest jobs in Washington and the private sector.  As a congressional staffer in the 1980s, he helped negotiate the deal between President Reagan and Tip O’Neill to save Social Security.  Under President Clinton, he presided over three budget surpluses in a row.  So for all the talk out there about deficit reduction, making sure our books are balanced, this is the guy who did it — three times.  He helped oversee one of our nation’s finest universities and one of our largest investment banks.

 

In my administration, he has managed operations for the State Department and the budget for the entire executive branch.  And over the past year, I’ve sought Jack’s advice on virtually every decision that I’ve made, from economic policy to foreign policy.

 

One reason Jack has been so effective in this town is because he is a low-key guy who prefers to surround himself with policy experts rather than television cameras.  And over the years, he’s built a reputation as a master of policy who can work with members of both parties and forge principled compromises.

 

And maybe most importantly, as the son of a Polish immigrant, a man of deep and devout faith, Jack knows that every number on a page, every dollar we budget, every decision we make has to be an expression of who we wish to be as a nation, our values.  The values that say everybody gets a fair shot at opportunity and says that we expect all of us to fulfill our individual obligations as citizens in return.  So Jack has my complete trust.  I know I’m not alone in that.

 

In the words of one former senator, “Having Lew on your team is the equivalent as a coach of having the luxury of putting somebody at almost any position and knowing he will do well.”  And I could not agree more.  So I hope the Senate will confirm him as quickly as possible.

 

I want to personally thank both of these men and their families, especially Carole and Ruth, for their extraordinary service to our country.

 

And with that, I’d like to invite them to say a few words, starting with Tim.

 

SECRETARY GEITHNER:  Mr. President, it’s been a privilege to serve you.  I’m honored and grateful that you asked me to do this, really I am.  And I’m very proud of what my colleagues at Treasury and your economic team was able to help you accomplish these first four years.

 

When you stepped into this building as President, you were confronted with a world in crisis, the worst crisis in generations.  And you made the necessary, the hard, the politically perilous choices that saved the American people, saved American industry, saved the global economy from a failing financial system.  And your successful response to the crisis of course did not solve all the nation’s challenges.  It could not have done so.  But the actions you took along with those of a forceful and creative Federal Reserve have made the country stronger and have put us in a much better position to face the many challenges still ahead of us — and they are many.

 

I have the greatest respect for Jack Lew.  I know him as a man of exceptional judgment, calm under pressure, with an extraordinary record of accomplishment and experience over decades spent at the center of American economic policy.  He’s committed to defending the safety net for the elderly and the poor.  He understands what it takes to create the conditions for stronger economic growth and broader economic opportunity.  And he understands that to govern responsibly is to govern with a recognition that we have limited fiscal resources.

 

Now, like Jack, I’ve spent my professional life in this world of public policy and public service.  And as all of you know, our families carry a large share of the burdens we assume in public life.  And I feel incredibly fortunate that my wife Carole and my family have been willing to allow me to do this.  And I thank them for their support and their patience.  And I understand their occasional impatience.  (Laughter.)

 

I want to express my admiration and my appreciation for the women and the men of the Treasury Department.  Those who came to serve you these years of crisis and the civil servants of the Treasury with whom I first started working in 1988, they are exceptionally talented and honorable public servants.  I’m very proud of what they have helped you accomplish.  And I am confident that my successor will find them the extraordinary asset they are to the nation.

 

And I also hope that Americans will look at the challenges we face today and decide, as many of you in this room have, that in spite of the divisive state of our political system today that serving your country is compelling and rewarding work.  That was my experience, and I am grateful and will always be grateful to you for having given me the opportunity to serve you as the 75th Secretary of the Treasury.  (Applause.)

 

MR. LEW:  Mr. President, it has been my honor to serve as your Chief of Staff and before that at OMB and the State Department.  It’s really been a privilege to come to work every day as part of a team that’s dedicated to building a sound economy and a safer world.

 

Tim, you have been a friend and a colleague for many years — actually, decades — and the American people are better off for your outstanding service.  And I thought I knew you pretty well, but it was only yesterday that I discovered that we both share a common challenge with penmanship.  (Laughter.)  Tim, I join the President and everyone here in wishing you and Carole and your whole family well.

 

As a kid growing up in Queens, I had dreams of making a difference in the world.  These dreams were nurtured in a home where the gifts of American freedom and opportunity were cherished and never taken for granted, and the responsibility to engage in issues of public concern were part of daily life.  I will always be grateful to my parents for grounding me in the values that have remained central to my personal and professional life.

 

I grew up professional in the office of Speaker O’Neill, whose compass was always clear and who demanded unvarnished advice on how best to reach the desired destination.  Mr. O’Neill cared little about your age or rank, and only about whether or not you did the hard work to inform the decisions of the day.  And he took a big chance giving a lot of responsibility to a very young man, and for that I’ll always be thankful.

 

Serving at OMB first under President Clinton and more recently in this administration, I worked with one of the finest teams in the government to execute a responsible fiscal policy while advancing policies to promote economic growth.  I’m delighted to see so many of my friends from OMB here today.

 

At the State Department, I worked closely with our great Secretary of State and my friend, Hillary Clinton, to advance our nation’s national security agenda, including our international economic policies.

 

And as Chief of Staff, I’ve had the pleasure of working with a tremendously talented White House team, which manages policy, politics, communications, and complex operations every day with grace, skill, and loyalty.

 

If confirmed, I look forward to joining the Treasury Department, whose people are legendary for their skill and knowledge.  It’s a team that I’ve collaborated with closely over many years and have come to respect greatly.

 

Finally, thank you to Ruth, Shoshi, Danny, Zahava, and the kids for your endless tolerance with the demands of a schedule that tests all family patience.  And thank you, Mr. President, for your trust, your confidence, and friendship.  Serving in your administration has allowed me to live out those values my parents instilled in me, and I look forward to continuing with the challenges ahead.  (Applause.)

 

THE PRESIDENT:  These are two outstanding public servants.  I think the only point that I want to make — leave you with is the fact that I had never noticed Jack’s signature — (laughter) — and when this was highlighted yesterday in the press, I considered rescinding — (laughter) — my offer to appoint him.  Jack assures me that he is going to work to make at least one letter legible — (laughter) — in order not to debase our currency should he be confirmed as Secretary of the Treasury.

 

Thank you very much, everybody.  (Applause.)

 

END
1:56 P.M. EST

 

 

What shall we do? Another caucasian male added to the all caucasian cabinet of this all caucasian administration.

 

Damn that “Obama”….all that caucasian male testosterone and NO female representation, as pointed out by all the dumbass “expert pundits”…from Karen Finney, to Melissa Harris-Perry, to Charles Rangell to Moring Joe & the Faux Spews crew.

Oh, don’t let me forget Goldie Taylor.

 

All these “expert pundits” who can’t or won’t, do a damn thing but run their dumbass mouths.

About diversity.

Read and learn:  Soapbox Time: Diversity In Barack’s House

 

 

Go “Samuel L. Jackson”, yourselves.

 

Then do some research about how This President, Barack Hussein Obama, has diversified the entire Washington political scene, from The White House to The Supreme Court House.

 

 

 

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