President Barack Obama participates in a town hall-style question-and-answer session with participants from the Young African Leaders Initiative (YALI) Mandela Washington Fellowship Presidential Summit at the Omni Shoreham Hotel in Washington, DC. Identified as Sub-Saharan Africa’s ‘most promising young leaders,’ 500 people were invited by the U.S. State Department for the three-day summit where they interact with representatives from the public, private, and non-profit sectors
Young African Leaders Initiative (YALI) Mandela Washington Fellowship participants sing ‘Happy Birthday’ to President Barack Obama
President Barack Obama embraces Nigerian disability-rights activist and musician Grace Alache Jerry
President Barack Obama speaks about climate change during an event in the East Room at the White House. President Obama announced a major climate change plan aimed to reduce greenhouse gas emissions from the nation’s coal-burning power plants
USA Today: Obama applauds congressional budget deal
Don’t be surprised if President Obama addresses the proposed congressional budget deal on Wednesday, and to say good things about it.
In a written statement late Tuesday, Obama called the deal “a good first step” toward a “balanced” budget approach that combines prudent cuts with investments in job-generating programs.
“This agreement doesn’t include everything I’d like — and I know many Republicans feel the same way,” Obama said. “That’s the nature of compromise. But it’s a good sign that Democrats and Republicans in Congress were able to come together and break the cycle of short-sighted, crisis-driven decision-making to get this done.”
That Congress’ budget chairs – Republican Paul Ryan and Democrat Patty Murray – were able to reach a budget agreement at all is a minor miracle. There was ample reason to believe the negotiations were a fool’s errand and that failure was an inevitability. The assumptions, however, were wrong, and the two leaders last night unveiled their deal to fund the government for the next two years.
Broadly speaking, there are two overarching questions to consider: is the budget agreement any good and can it pass Congress. Neither is easy to answer.
BBC: ‘Volcker rule’ ban on risky trades passed by regulators
All five US financial regulators have approved the Volcker rule, designed to restrict the finance industry in the wake of the 2008-09 financial collapse.
Named after former Federal Reserve chairman Paul Volcker, it bans banks from using their own funds for trading activities.
It is considered the centrepiece of the 2010 banking reform legislation known as Dodd-Frank. Banks will have until 21 July 2015 to comply with the rules.
…. US President Barack Obama applauded the passage of a rule proposed more than three years ago.
He said in a statement: “The Volcker Rule will make it illegal for firms to use government-insured money to make speculative bets that threaten the entire financial system, and demand a new era of accountability from CEOs who must sign off on their firm’s practices.”
Kentucky.com: Health enrollment climbs during holiday period
Enrollment through Kentucky’s health benefits website has grown by more than 11,000 in a 10-day period starting Thanksgiving week.
Gov. Steve Beshear’s office says the technology team for the state’s online health insurance marketplace was expecting an increase in traffic, applications and enrollments after Thanksgiving and increased capacity to prepare.
A news release from Beshear’s office says the site enrolls about 1,000 Kentuckians a day.
A man holds the official programme ahead of the memorial service for Nelson Mandela at the FNB Stadium in Soweto
Just want to thank UT again for her completely wonderful posts on the Nelson Mandela Memorial Service this morning, utterly unrivaled anywhere. By 10:0 EST there were 30,000 hits on the blog, all to see UT’s work. That’s amazing. Thank you legend, even if you’re a Blue :roll:
A boy with “Rest In Peace Nelson Mandela” painted on his face looks up to the skies during the memorial service for former South African president Nelson Mandela at the FNB Stadium in Soweto, near Johannesburg, South Africa, Tuesday Dec. 10
Endless thanks to UT for all of today’s wonderful posts
To Graça Machel and the Mandela family; to President Zuma and members of the government; to heads of state and government, past and present; distinguished guests – it is a singular honor to be with you today, to celebrate a life unlike any other. To the people of South Africa – people of every race and walk of life – the world thanks you for sharing Nelson Mandela with us. His struggle was your struggle. His triumph was your triumph. Your dignity and hope found expression in his life, and your freedom, your democracy is his cherished legacy.
It is hard to eulogize any man – to capture in words not just the facts and the dates that make a life, but the essential truth of a person – their private joys and sorrows; the quiet moments and unique qualities that illuminate someone’s soul. How much harder to do so for a giant of history, who moved a nation toward justice, and in the process moved billions around the world. Born during World War I, far from the corridors of power, a boy raised herding cattle and tutored by elders of his Thembu tribe – Madiba would emerge as the last great liberator of the 20th century. Like Gandhi, he would lead a resistance movement – a movement that at its start held little prospect of success. Like King, he would give potent voice to the claims of the oppressed, and the moral necessity of racial justice. He would endure a brutal imprisonment that began in the time of Kennedy and Khrushchev, and reached the final days of the Cold War. Emerging from prison, without force of arms, he would – like Lincoln – hold his country together when it threatened to break apart. Like America’s founding fathers, he would erect a constitutional order to preserve freedom for future generations – a commitment to democracy and rule of law ratified not only by his election, but by his willingness to step down from power.
Given the sweep of his life, and the adoration that he so rightly earned, it is tempting then to remember Nelson Mandela as an icon, smiling and serene, detached from the tawdry affairs of lesser men. But Madiba himself strongly resisted such a lifeless portrait. Instead, he insisted on sharing with us his doubts and fears; his miscalculations along with his victories. “I’m not a saint,” he said, “unless you think of a saint as a sinner who keeps on trying.”
It was precisely because he could admit to imperfection – because he could be so full of good humor, even mischief, despite the heavy burdens he carried – that we loved him so. He was not a bust made of marble; he was a man of flesh and blood – a son and husband, a father and a friend. That is why we learned so much from him; that is why we can learn from him still. For nothing he achieved was inevitable. In the arc of his life, we see a man who earned his place in history through struggle and shrewdness; persistence and faith. He tells us what’s possible not just in the pages of dusty history books, but in our own lives as well.
Mandela showed us the power of action; of taking risks on behalf of our ideals. Perhaps Madiba was right that he inherited, “a proud rebelliousness, a stubborn sense of fairness” from his father. Certainly he shared with millions of black and colored South Africans the anger born of, “a thousand slights, a thousand indignities, a thousand unremembered moments…a desire to fight the system that imprisoned my people.”
But like other early giants of the ANC – the Sisulus and Tambos – Madiba disciplined his anger; and channeled his desire to fight into organization, and platforms, and strategies for action, so men and women could stand-up for their dignity. Moreover, he accepted the consequences of his actions, knowing that standing up to powerful interests and injustice carries a price. “I have fought against white domination and I have fought against black domination,” he said at his 1964 trial. “I’ve cherished the ideal of a democratic and free society in which all persons live together in harmony and with equal opportunities. It is an ideal which I hope to live for and to achieve. But if needs be, it is an ideal for which I am prepared to die.”
Mandela taught us the power of action, but also ideas; the importance of reason and arguments; the need to study not only those you agree with, but those who you don’t. He understood that ideas cannot be contained by prison walls, or extinguished by a sniper’s bullet. He turned his trial into an indictment of apartheid because of his eloquence and passion, but also his training as an advocate. He used decades in prison to sharpen his arguments, but also to spread his thirst for knowledge to others in the movement. And he learned the language and customs of his oppressor so that one day he might better convey to them how their own freedom depended upon his.
Mandela demonstrated that action and ideas are not enough; no matter how right, they must be chiseled into laws and institutions. He was practical, testing his beliefs against the hard surface of circumstance and history. On core principles he was unyielding, which is why he could rebuff offers of conditional release, reminding the Apartheid regime that, “prisoners cannot enter into contracts.” But as he showed in painstaking negotiations to transfer power and draft new laws, he was not afraid to compromise for the sake of a larger goal. And because he was not only a leader of a movement, but a skillful politician, the Constitution that emerged was worthy of this multiracial democracy; true to his vision of laws that protect minority as well as majority rights, and the precious freedoms of every South African.