Posts Tagged ‘Banks

09
Feb
13

Six years ago….. Barack Obama announces his candidacy

Springfield, Illinois, February 10, 2007 – Photo: Pete Souza

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Text of the speech here

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NYT: Senator Barack Obama of Illinois, standing before the Old State Capitol where Abraham Lincoln began his political career, announced his candidacy for the White House on Saturday by presenting himself as an agent of generational change who could transform a government hobbled by cynicism, petty corruption and “a smallness of our politics.”

…. It was the latest step in a journey rich with historic possibilities and symbolism. Thousands of people packed the town square to witness it, shivering in the single-digit frostiness until Mr. Obama appeared, trailed by his wife, Michelle, and two young daughters….

…. The formal entry to the race framed a challenge that would seem daunting to even the most talented politician: whether Mr. Obama, with all his strengths and limitations, can win in a field dominated by Senator Hillary Rodham Clinton, who brings years of experience in presidential politics, a command of policy and political history, and an extraordinarily battle-tested network of fund-raisers and advisers.

…. “If a campaign is premised on personality, then no, I don’t think you can stay fresh for a year,” he said. “But if the campaign is built from the ground up and there is a sense of ownership among people who want to see significant change, then absolutely. It can build and grow.”

More here

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Photo: Callie Shell

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30
Jan
11

i’m barack obama, get me out of here

2007

07
Oct
10

not so bank-friendly, eh?

The White House announced Thursday afternoon that President Obama would not sign a bill that some consumer advocates worried would make it more difficult for homeowners to fight fraudulent foreclosures.

Story

21
Jan
10

"If these folks want a fight, it's a fight I'm ready to have."


President Barack Obama and Vice President Joe Biden arrive to deliver remarks on financial reform on in the Diplomatic Reception Room on January 21, 2010 in Washington, DC. Obama announced measures to narrow the size and scope of banks and their investment activities.

President Barack Obama speaks about financial reform after his meeting with Presidential Economic Recovery Advisory Board Chair Paul Volcker at the White House in Washington January 21, 2010.

President Obama rolled out a new set of proposals Thursday to “protect American taxpayers and the American economy from future crises”.

“We simply cannot accept a system in which hedge funds or private-equity funds inside banks can place huge risky bets that are subsidized by taxpayers and could pose a conflict of interest,” he said.

“My message to members of Congress of both parties is we need to get this done. My message to leaders of the financial industry is to work with us,” Obama continued: “If these folks want a fight, it’s a fight I’m ready to have.”

05
Jan
10

furbidden

This image released by People for the Ethical Treatment of Animals shows a new PETA ad that features Carrie Underwood, first lady Michelle Obama, Oprah Winfrey and Tyra Banks. All have shunned wearing fur. The White House says PETA is using Obama’s image without her permission. The ads are appearing in Washington’s Metro stations, magazines and PETA’s Web site.




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