President Barack Obama speaks at US Central Command (CentCom) at MacDill Air Force Base
President Barack Obama sits next to Commander of Central Command Gen. Lloyd Austin III during in a briefing from top military leaders while at U.S. Central Command at MacDill Air Force Base in Tampa, Florida
"Osama bin Laden is no more. Because of you, the core al Qaeda leadership in Afghanistan & Pakistan has been decimated" —Obama to our troops
President Barack Obama participates in a briefing from top military leaders while visiting U.S. Central Command at MacDill Air Force Base. From L-R are: United States Homeland Security Advisor Lisa Monaco, National Security Advisor Susan E. Rice, U.S. Secretary of Defense Chuck Hagel, Obama, Commander of Central Command Gen. Lloyd Austin III and U.S. Special Operations Commander Joseph Votel.
President Barack Obama greets members of the military upon his arrival at MacDill Air Force Base
"In three months, our combat mission will be over in Afghanistan & our war in Afghanistan will come to a responsible end." —President Obama
(Excerpts from his remarks, as provided by the Justice Department)
“We have seen a great deal of progress over the years. But we also see problems and these problems stem from mistrust and mutual suspicion.
I just had the opportunity to sit down with some wonderful young people and to hear them talk about the mistrust they have at a young age.
These are young people and already they are concerned about potential interactions they might have with the police.
I understand that mistrust.
I am the Attorney General of the United States, but I am also a black man. …I think about my time in Georgetown — a nice neighborhood of Washington — and I am running to a picture at about 8 o’clock at night. I am running with my cousin.
Police car comes driving up, flashes his lights, yells, ‘Where you going? Hold it!’ I say, ‘Whoa, I’m going to a movie.’
Now my cousin started mouthing off; I’m like, ‘This is not where we want to go. Keep quiet.’
I’m angry and upset.
We negotiate the whole thing and we walk to our movie.
At the time that he stopped me, I was a federal prosecutor. I wasn’t a kid. I was a federal prosecutor.
I worked at the United States Department of Justice.
So I’ve confronted this myself.
We are starting here a good dialogue. But the reality is the dialogue is not enough. We need concrete action to change things in this country. That’s what I have been trying to do. That’s what the President has been trying to do.
We have a very active Civil Rights Division. I am proud of what these men and women have done. As they write about the legacy of the Obama administration, a lot of it is going to be about what the Civil Rights Division has done.
So this interaction must occur. This dialogue is important. But it can’t simply be that we have a conversation that begins based on what happens on August 9, and ends sometime in December, and nothing happens.
As I was just telling these young people, change is possible. The same kid who got stopped on the New Jersey freeway is now the Attorney general of the United States.
@dougmillsnyt: President Obama meets with NATO Secretary General Anders Fogh Rasmussen in the Oval Office
Yahoo: NATO Chief Warns Afghanistan Must Sign Security Pact By Early September
NATO’s chief warned Tuesday that, despite a disputed election, Afghanistan must sign a security pact on a post-combat international training mission by September, or there will be “severe” problems for the Western alliance. Anders Fogh Rasmussen said after meeting President Barack Obama that allegations of poll fraud were a “grave concern”
When I took office, the American auto industry – the heartbeat of American manufacturing – was on the verge of collapse. Two of the Big Three – GM and Chrysler – were on the brink of failure, threatening to take suppliers, distributors and entire communities down with them. In the midst of what was already the worst recession since the Great Depression, another one million Americans were in danger of losing their jobs.
As President, I refused to let that happen. I refused to walk away from American workers and an iconic American industry. But in exchange for rescuing and retooling GM and Chrysler with taxpayer dollars, we demanded responsibility and results. In 2011, we marked the end of an important chapter as Chrysler repaid every dime and more of what it owed the American taxpayers from the investment we made under my Administration’s watch. Today, we’re closing the book by selling the remaining shares of the federal government’s investment in General Motors. GM has now repaid every taxpayer dollar my Administration committed to its rescue, plus billions invested by the previous Administration.
Less than five years later, each of the Big Three automakers is now strong enough to stand on its own. They’re profitable for the first time in nearly a decade. The industry has added more than 372,000 new jobs – its strongest growth since the 1990s. Thanks to the workers on our assembly lines, some of the most high-tech, fuel-efficient cars in the world are once again designed, engineered, and built right here in America – and the rest of the world is buying more of them than ever before.
When things looked darkest for our most iconic industry, we bet on what was true: the ingenuity and resilience of the proud, hardworking men and women who make this country strong. Today, that bet has paid off. The American auto industry is back.
For our autoworkers and the communities that depend on them, the road we’ve taken these past five years has been a long and difficult one. But it’s one we’ve traveled together. And as long as there’s more work to do to restore opportunity and broad-based growth for all Americans, that’s what we’ll keep doing to reach the brighter days ahead.
“Each of the Big Three automakers is now strong enough to stand on its own … The American auto industry is back.” —President Obama
The Treasury Department announced on Monday that the government had sold its remaining shares of General Motors stock.
The government has thus exited one of the most controversial investments made during the midst of the financial crisis, when it stepped in to rescue the Detroit automakers – a decision that as many as three in four Americans opposed at the time.
Taxpayers recouped about $39 billion on the investment, the Treasury Department said, having spent about $50 billion bailing out the automaker.
All in all, taxpayers have ended up in the black on the crisis-related bailouts, Treasury said: It has recovered $433 billion from the Troubled Asset Relief Program after initially investing about $422 billion.