Thank you all for being here and for your warm welcome. It’s a privilege to be in historic Federal Hall. It was here more than two centuries ago that our first Congress served and our first President was inaugurated. It was here, in the early days of our Republic, that Hamilton and Jefferson debated how best to administer a young economy and to ensure that our nation rewarded the talents and drive of its people. Two centuries later, we still grapple with these questions – questions made more acute in moments of crisis. Read the rest of this entry »
President Obama’s latest weekly address was on new consumer protection legislation, which was described as important for the recovery of the economy as well as for action against those companies that have benefited through abuses of consumers’ rights:
TRANSCRIPT:
As we continue to recover from an historic economic crisis, it is clear to everyone that one of its major causes was a breakdown in oversight that led to widespread abuses in the financial system. An epidemic of irresponsibility took hold from Wall Street to Washington to Main Street. And the consequences have been disastrous. Millions of Americans have seen their life savings erode; families have been devastated by job losses; businesses large and small have closed their doors.
Frustratingly, CBS News has not yet posted a transcript of last night’s broadcast interview with President Obama. However, it has posted a lengthy summary, which we’ve posted below the two-part video. Unsurprisingly, the discussion was dominated by the US economy; however, in the second half (before puff-piece questioning about Obama’s daily routine, life in the White House, etc.), the conversation moved to Afghanistan. We’ll have more on that later today, but you might also enjoy the President’s point-scoring against former Vice President Dick Cheney:
A trip down Memory Lane. As Barack Obama strives valiantly but unsuccessfully tomorrow to fill the shoes of George W. Bush, here’s at a look at a report — from The Onion — that captured what to come:
Bush: ‘Our Long National Nightmare Of Peace And Prosperity Is Finally Over’
WASHINGTON, DC–Mere days from assuming the presidency and closing the door on eight years of Bill Clinton, president-elect George W. Bush assured the nation in a televised address Tuesday that “our long national nightmare of peace and prosperity is finally over.”
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A trip down Memory Lane. As Barack Obama strives valiantly but unsuccessfully tomorrow to fill the shoes of George W. Bush, here’s at a look at a report — 
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