Sunday, May 17, 2009

President Obama Enroute to Notre Dame


THE WHITE HOUSE

Office of the Press Secretary

________________________________________________________________

May 17, 2009


Remarks of President Barack Obama

Notre Dame Commencement


Sunday, May 17, 2009

Notre Dame, Indiana


Thank you, Father Jenkins for that generous introduction. You are doing an outstanding job as president of this fine institution, and your continued and courageous commitment to honest, thoughtful dialogue is an inspiration to us all.


Good afternoon Father Hesburgh, Notre Dame trustees, faculty, family, friends, and the class of 2009. I am honored to be here today, and grateful to all of you for allowing me to be part of your graduation.


I want to thank you for this honorary degree. I know it has not been without controversy. I don’t know if you’re aware of this, but these honorary degrees are apparently pretty hard to come by. So far I’m only 1 for 2 as President. Father Hesburgh is 150 for 150. I guess that’s better. Father Ted, after the ceremony, maybe you can give me some pointers on how to boost my average.


I also want to congratulate the class of 2009 for all your accomplishments. And since this is Notre Dame, I mean both in the classroom and in the competitive arena. We all know about this university’s proud and storied football team, but I also hear that Notre Dame holds the largest outdoor 5-on-5 basketball tournament in the world – Bookstore Basketball.

Now this excites me. I want to congratulate the winners of this year’s tournament, a team by the name of “Hallelujah Holla Back.” Well done. Though I have to say, I am personally disappointed that the “Barack O’Ballers” didn’t pull it out. Next year, if you need a 6’2” forward with a decent jumper, you know where I live.


Every one of you should be proud of what you have achieved at this institution. One hundred and sixty three classes of Notre Dame graduates have sat where you are today. Some were here during years that simply rolled into the next without much notice or fanfare – periods of relative peace and prosperity that required little by way of sacrifice or struggle.

You, however, are not getting off that easy. Your class has come of age at a moment of great consequence for our nation and the world – a rare inflection point in history where the size and scope of the challenges before us require that we remake our world to renew its promise; that we align our deepest values and commitments to the demands of a new age. It is a privilege and a responsibility afforded to few generations – and a task that you are now called to fulfill.


This is the generation that must find a path back to prosperity and decide how we respond to a global economy that left millions behind even before this crisis hit – an economy where greed and short-term thinking were too often rewarded at the expense of fairness, and diligence, and an honest day’s work.


We must decide how to save God’s creation from a changing climate that threatens to destroy it. We must seek peace at a time when there are those who will stop at nothing to do us harm, and when weapons in the hands of a few can destroy the many. And we must find a way to reconcile our ever-shrinking world with its ever-growing diversity – diversity of thought, of culture, and of belief.


In short, we must find a way to live together as one human family.

It is this last challenge that I’d like to talk about today. For the major threats we face in the 21st century – whether it’s global recession or violent extremism; the spread of nuclear weapons or pandemic disease – do not discriminate. They do not recognize borders. They do not see color. They do not target specific ethnic groups.

Moreover, no one person, or religion, or nation can meet these challenges alone. Our very survival has never required greater cooperation and understanding among all people from all places than at this moment in history.


Unfortunately, finding that common ground – recognizing that our fates are tied up, as Dr. King said, in a “single garment of destiny” – is not easy. Part of the problem, of course, lies in the imperfections of man – our selfishness, our pride, our stubbornness, our acquisitiveness, our insecurities, our egos; all the cruelties large and small that those of us in the Christian tradition understand to be rooted in original sin. We too often seek advantage over others. We cling to outworn prejudice and fear those who are unfamiliar. Too many of us view life only through the lens of immediate self-interest and crass materialism; in which the world is necessarily a zero-sum game. The strong too often dominate the weak, and too many of those with wealth and with power find all manner of justification for their own privilege in the face of poverty and injustice. And so, for all our technology and scientific advances, we see around the globe violence and want and strife that would seem sadly familiar to those in ancient times.


We know these things; and hopefully one of the benefits of the wonderful education you have received is that you have had time to consider these wrongs in the world, and grown determined, each in your own way, to right them. And yet, one of the vexing things for those of us interested in promoting greater understanding and cooperation among people is the discovery that even bringing together persons of good will, men and women of principle and purpose, can be difficult.

The soldier and the lawyer may both love this country with equal passion, and yet reach very different conclusions on the specific steps needed to protect us from harm. The gay activist and the evangelical pastor may both deplore the ravages of HIV/AIDS, but find themselves unable to bridge the cultural divide that might unite their efforts. Those who speak out against stem cell research may be rooted in admirable conviction about the sacredness of life, but so are the parents of a child with juvenile diabetes who are convinced that their son’s or daughter’s hardships can be relieved.


The question, then, is how do we work through these conflicts? Is it possible for us to join hands in common effort? As citizens of a vibrant and varied democracy, how do we engage in vigorous debate? How does each of us remain firm in our principles, and fight for what we consider right, without demonizing those with just as strongly held convictions on the other side?


Nowhere do these questions come up more powerfully than on the issue of abortion.


As I considered the controversy surrounding my visit here, I was reminded of an encounter I had during my Senate campaign, one that I describe in a book I wrote called The Audacity of Hope. A few days after I won the Democratic nomination, I received an email from a doctor who told me that while he voted for me in the primary, he had a serious concern that might prevent him from voting for me in the general election. He described himself as a Christian who was strongly pro-life, but that’s not what was preventing him from voting for me.


What bothered the doctor was an entry that my campaign staff had posted on my website – an entry that said I would fight “right-wing ideologues who want to take away a woman’s right to choose.” The doctor said that he had assumed I was a reasonable person, but that if I truly believed that every pro-life individual was simply an ideologue who wanted to inflict suffering on women, then I was not very reasonable. He wrote, “I do not ask at this point that you oppose abortion, only that you speak about this issue in fair-minded words.”


Fair-minded words.

After I read the doctor’s letter, I wrote back to him and thanked him. I didn’t change my position, but I did tell my staff to change the words on my website. And I said a prayer that night that I might extend the same presumption of good faith to others that the doctor had extended to me. Because when we do that – when we open our hearts and our minds to those who may not think like we do or believe what we do – that’s when we discover at least the possibility of common ground.


That’s when we begin to say, “Maybe we won’t agree on abortion, but we can still agree that this is a heart-wrenching decision for any woman to make, with both moral and spiritual dimensions.


So let’s work together to reduce the number of women seeking abortions by reducing unintended pregnancies, and making adoption more available, and providing care and support for women who do carry their child to term. Let’s honor the conscience of those who disagree with abortion, and draft a sensible conscience clause, and make sure that all of our health care policies are grounded in clear ethics and sound science, as well as respect for the equality of women.”


Understand – I do not suggest that the debate surrounding abortion can or should go away. No matter how much we may want to fudge it – indeed, while we know that the views of most Americans on the subject are complex and even contradictory – the fact is that at some level, the views of the two camps are irreconcilable. Each side will continue to make its case to the public with passion and conviction. But surely we can do so without reducing those with differing views to caricature.

Open hearts. Open minds. Fair-minded words.


It’s a way of life that has always been the Notre Dame tradition. Father Hesburgh has long spoken of this institution as both a lighthouse and a crossroads. The lighthouse that stands apart, shining with the wisdom of the Catholic tradition, while the crossroads is where “…differences of culture and religion and conviction can co-exist with friendship, civility, hospitality, and especially love.” And I want to join him and Father Jenkins in saying how inspired I am by the maturity and responsibility with which this class has approached the debate surrounding today’s ceremony.

This tradition of cooperation and understanding is one that I learned in my own life many years ago – also with the help of the Catholic Church.

I was not raised in a particularly religious household, but my mother instilled in me a sense of service and empathy that eventually led me to become a community organizer after I graduated college. A group of Catholic churches in Chicago helped fund an organization known as the Developing Communities Project, and we worked to lift up South Side neighborhoods that had been devastated when the local steel plant closed.


It was quite an eclectic crew. Catholic and Protestant churches. Jewish and African-American organizers. Working-class black and white and Hispanic residents. All of us with different experiences. All of us with different beliefs. But all of us learned to work side by side because all of us saw in these neighborhoods other human beings who needed our help – to find jobs and improve schools. We were bound together in the service of others.

And something else happened during the time I spent in those neighborhoods. Perhaps because the church folks I worked with were so welcoming and understanding; perhaps because they invited me to their services and sang with me from their hymnals; perhaps because I witnessed all of the good works their faith inspired them to perform, I found myself drawn – not just to work with the church, but to be in the church. It was through this service that I was brought to Christ.


At the time, Cardinal Joseph Bernardin was the Archbishop of Chicago. For those of you too young to have known him, he was a kind and good and wise man. A saintly man. I can still remember him speaking at one of the first organizing meetings I attended on the South Side. He stood as both a lighthouse and a crossroads – unafraid to speak his mind on moral issues ranging from poverty, AIDS, and abortion to the death penalty and nuclear war. And yet, he was congenial and gentle in his persuasion, always trying to bring people together; always trying to find common ground. Just before he died, a reporter asked Cardinal Bernardin about this approach to his ministry. And he said, “You can’t really get on with preaching the Gospel until you’ve touched minds and hearts.”


My heart and mind were touched by the words and deeds of the men and women I worked alongside with in Chicago. And I’d like to think that we touched the hearts and minds of the neighborhood families whose lives we helped change. For this, I believe, is our highest calling.

You are about to enter the next phase of your life at a time of great uncertainty. You will be called upon to help restore a free market that is also fair to all who are willing to work; to seek new sources of energy that can save our planet; to give future generations the same chance that you had to receive an extraordinary education. And whether as a person drawn to public service, or someone who simply insists on being an active citizen, you will be exposed to more opinions and ideas broadcast through more means of communications than have ever existed before. You will hear talking heads scream on cable, read blogs that claim definitive knowledge, and watch politicians pretend to know what they’re talking about. Occasionally, you may also have the great fortune of seeing important issues debated by well-intentioned, brilliant minds. In fact, I suspect that many of you will be among those bright stars.


In this world of competing claims about what is right and what is true, have confidence in the values with which you’ve been raised and educated. Be unafraid to speak your mind when those values are at stake. Hold firm to your faith and allow it to guide you on your journey. Stand as a lighthouse.


But remember too that the ultimate irony of faith is that it necessarily admits doubt. It is the belief in things not seen. It is beyond our capacity as human beings to know with certainty what God has planned for us or what He asks of us, and those of us who believe must trust that His wisdom is greater than our own.


This doubt should not push us away from our faith. But it should humble us. It should temper our passions, and cause us to be wary of self-righteousness. It should compel us to remain open, and curious, and eager to continue the moral and spiritual debate that began for so many of you within the walls of Notre Dame. And within our vast democracy, this doubt should remind us to persuade through reason, through an appeal whenever we can to universal rather than parochial principles, and most of all through an abiding example of good works, charity, kindness, and service that moves hearts and minds.


For if there is one law that we can be most certain of, it is the law that binds people of all faiths and no faith together. It is no coincidence that it exists in Christianity and Judaism; in Islam and Hinduism; in Buddhism and humanism. It is, of course, the Golden Rule – the call to treat one another as we wish to be treated. The call to love. To serve. To do what we can to make a difference in the lives of those with whom we share the same brief moment on this Earth.


So many of you at Notre Dame – by the last count, upwards of 80% -- have lived this law of love through the service you’ve performed at schools and hospitals; international relief agencies and local charities. That is incredibly impressive, and a powerful testament to this institution. Now you must carry the tradition forward. Make it a way of life. Because when you serve, it doesn’t just improve your community, it makes you a part of your community. It breaks down walls. It fosters cooperation. And when that happens – when people set aside their differences to work in common effort toward a common good; when they struggle together, and sacrifice together, and learn from one another – all things are possible.


After all, I stand here today, as President and as an African-American, on the 55th anniversary of the day that the Supreme Court handed down the decision in Brown v. the Board of Education. Brown was of course the first major step in dismantling the “separate but equal” doctrine, but it would take a number of years and a nationwide movement to fully realize the dream of civil rights for all of God’s children. There were freedom rides and lunch counters and Billy clubs, and there was also a Civil Rights Commission appointed by President Eisenhower. It was the twelve resolutions recommended by this commission that would ultimately become law in the Civil Rights Act of 1964.


There were six members of the commission. It included five whites and one African-American; Democrats and Republicans; two Southern governors, the dean of a Southern law school, a Midwestern university president, and your own Father Ted Hesburgh, President of Notre Dame. They worked for two years, and at times, President Eisenhower had to intervene personally since no hotel or restaurant in the South would serve the black and white members of the commission together. Finally, when they reached an impasse in Louisiana, Father Ted flew them all to Notre Dame’s retreat in Land O’Lakes, Wisconsin, where they eventually overcame their differences and hammered out a final deal.


Years later, President Eisenhower asked Father Ted how on Earth he was able to broker an agreement between men of such different backgrounds and beliefs. And Father Ted simply said that during their first dinner in Wisconsin, they discovered that they were all fishermen. And so he quickly readied a boat for a twilight trip out on the lake. They fished, and they talked, and they changed the course of history.


I will not pretend that the challenges we face will be easy, or that the answers will come quickly, or that all our differences and divisions will fade happily away. Life is not that simple. It never has been.

But as you leave here today, remember the lessons of Cardinal Bernardin, of Father Hesburgh, of movements for change both large and small. Remember that each of us, endowed with the dignity possessed by all children of God, has the grace to recognize ourselves in one another; to understand that we all seek the same love of family and the same fulfillment of a life well-lived. Remember that in the end, we are all fishermen.


If nothing else, that knowledge should give us faith that through our collective labor, and God’s providence, and our willingness to shoulder each other’s burdens, America will continue on its precious journey towards that more perfect union. Congratulations on your graduation, may God Bless you, and may God Bless the United States of America.


B4B


Thursday, May 14, 2009

FULL VIDEO:
President Obama's Commencement Speech at ASU

Addresses issue of Arizona State University declining to award him an honorary degree,
claiming he has not 'accomplished enough'
!


CLICK HERE If video did not appear
B4B

Monday, May 11, 2009


THE WHITE HOUSE

Office of the Press Secretary

___________________________________________________________________________________________

May 11, 2009

REMARKS BY THE PRESIDENT

ON REFORMING THE HEALTH CARE SYSTEM

TO REDUCE COSTS

State Dining Room

12:35 P.M. EDT

THE PRESIDENT: Hello, everyone. All right. Well, I just concluded a extraordinarily productive meeting with organizations and associations that are going to be essential to the work of health care reform in this country -- groups that represent everyone from union members to insurance companies, from doctors and hospitals to pharmaceutical companies. It was a meeting that focused largely on one of the central challenges that we must confront as we seek to achieve comprehensive reform and lay a new foundation for our economy -- and that is, the spiraling cost of health care in this country.

They're here because they recognize one clear, indisputable fact: When it comes to health care spending, we are on an unsustainable course that threatens the financial stability of families, businesses and government itself.

This is not news to the American people, who, over the last decade, have seen their out-of-pocket expenses soar, health care costs rise, and premiums double at a rate four times faster than their wages.

Today, half of all personal bankruptcies stem from medical expenses. And too many Americans are skipping that check-up they know they should get, or going without that prescription that would make them feel better, or finding some other way to scrimp and save on their health care expenses.

What is a growing crisis for the American people is also becoming an untenable burden for America's businesses. Rising health care costs are commanding more and more of the money that our companies could be using to innovate and to grow, making it harder for them to compete around the world. These costs are leading the small businesses that are responsible for half of all private sector jobs to drop coverage for their workers at an alarming rate.

And, finally, the explosion in health care costs has put our federal budget on a disastrous path. This is largely due to what we're spending on Medicare and Medicaid -- entitlement programs whose costs are expected to continue climbing in the years ahead as baby boomers grow older and come to rely more and more on our health care system. That's why I've said repeatedly that getting health care costs under control is essential to reducing budget deficits, restoring fiscal discipline, and putting our economy on a path towards sustainable growth and shared prosperity.

We, as a nation, are now spending a far larger share of our national wealth on health care than we were a generation ago. At the rate we're going, we are expected to spend one fifth of our economy on health care within a decade. And yet we're getting less for our money. In fact, we're spending more on health care than any other nation on Earth, even though millions of Americans don't have the affordable, quality care they deserve, and nearly 46 million Americans don't have any health insurance at all.

This problem didn't just appear overnight. For decades, Washington has debated what to do about this. For decades, we've talked about reducing costs, improving care, and providing coverage to uninsured Americans. But all too often, efforts at reform have fallen victim to special interest lobbying aimed at keeping things the way they are; to political point-scoring that sees health care not as a moral issue or an economic issue, but as a wedge issue; and to a failure on all sides to come together on behalf of the American people.

And that's what makes today's meeting so remarkable -- because it's a meeting that might not have been held just a few years ago. The groups who are here today represent different constituencies with different sets of interests. They've not always seen eye to eye with each other or with our government on what needs to be done to reform health care in this country. In fact, some of these groups were among the strongest critics of past plans for comprehensive reform.

But what's brought us all together today is a recognition that we can't continue down the same dangerous road we've been traveling for so many years; that costs are out of control; and that reform is not a luxury that can be postponed, but a necessity that cannot wait. It's a recognition that the fictional television couple, Harry and Louise, who became the iconic faces of those who opposed health care reform in the '90s, desperately need health care reform in 2009. And so does America.

And that's why these groups are voluntarily coming together to make an unprecedented commitment. Over the next 10 years -- from 2010 to 2019 -- they are pledging to cut the rate of growth of national health care spending by 1.5 percentage points each year -- an amount that's equal to over $2 trillion. Two trillion dollars.

Their efforts will help us take the next and most important step -- comprehensive health care reform -- so that we can do what I pledged to do as a candidate and save a typical family an average of $2,500 on their health care costs in the coming years. Let me repeat that point. What they're doing is complementary to and is going to be completely compatible with a strong, aggressive effort to move health care reform through here in Washington with an ultimate result of saving health care costs for families, businesses and the government. That's how we can finally make health care affordable, while putting more money into the pockets of hardworking families each month. These savings can be achieved by standardizing quality care, incentivizing efficiency, investing in proven ways not only to treat illness but to prevent them.

This is a historic day, a watershed event in the long and elusive quest for health care reform. And as these groups take the steps they are outlining, and as we work with Congress on health care reform legislation, my administration will continue working to reduce health care costs to achieve similar savings. By curbing waste, fraud, and abuse and preventing avoidable hospital re-admissions and taking a whole host of other cost-saving steps, we can save billions of dollars, while delivering better care to the American people.

Now, none of these steps can be taken by our federal government or our health care community acting alone. They'll require all of us coming together, as we are today, around a common purpose -- workers, executives, hospitals, nurses, doctors, drug companies, insurance companies, members of Congress. It's the kind of broad coalition, everybody with a seat at the table that I talked about during the campaign, that is required to achieve meaningful health care reform and that is the kind of coalition which -- to which I am committed.

So the steps that are being announced today are significant. But the only way these steps will have an enduring impact is if they are taken not in isolation, but as part of a broader effort to reform our entire health care system. We've already begun making a down payment on that kind of comprehensive reform. We're extending quality health care to millions of children of working families who lack coverage, which means we're going to be preventing long-term problems that are even more expensive to treat down the road. We're providing a COBRA subsidy to make health care affordable for 7 million Americans who lose their jobs. And because much of every health care dollar is spent on billing, overhead, and administration, we are computerizing medical records in a way that will protect our privacy, and that's a step that will not only eliminate waste and reduce medical errors that cost lives, but also let doctors spend less time doing administrative work and more time caring for patients.

But there's so much more to do. In the coming weeks and months, Congress will be engaged in the difficult issue of how best to reform health care in America. I'm committed to building a transparent process where all views are welcome. But I'm also committed to ensuring that whatever plan we design upholds three basic principles: First, the rising cost of health care must be brought down; second, Americans must have the freedom to keep whatever doctor and health care plan they have, or to choose a new doctor or health care plan if they want it; and third, all Americans must have quality, affordable health care.

These are principles that I expect to see upheld in any comprehensive health care reform bill that's sent to my desk -- I mentioned it to the groups that were here today. It's reform that is an imperative for America's economic future, and reform that is a pillar of the new foundation we seek to build for our economy; reform that we can, must, and will achieve by the end of this year.

Ultimately, the debate about reducing costs -- and the larger debate about health care reform itself -- is not just about numbers; it's not just about forms or systems; it's about our own lives and the lives of our loved ones. And I understand that. As I've mentioned before during the course of the campaign, my mother passed away from ovarian cancer a little over a decade ago. And in the last weeks of her life, when she was coming to grips with her own mortality and showing extraordinary courage just to get through each day, she was spending too much time worrying about whether her health insurance would cover her bills. So I know what it's like to see a loved one who is suffering, but also having to deal with a broken health care system. I know that pain is shared by millions of Americans all across this country.

And that's why I was committed to health care reform as a presidential candidate; that's why health care reform is a key priority to this presidency; that's why I will not rest until the dream of health care reform is finally achieved in the United States of America. And that's why I'm thrilled to have such a broad, diverse group of individuals from all across the health care spectrum representing every constituency and every political predisposition who feel that same sense of urgency and are committing themselves to work diligently to bring down costs so we can achieve the reforms that we seek.

So thank you very much to all of you for being here. Thank you very much everybody.

END 12:46 P.M. EDT

Sunday, May 10, 2009


WATCH FULL VIDEO:
President Obama Knocks Them Dead at
White House Correspondent Dinner

plus: Watch Comic Wanda Sykes' Speech


CLICK HERE if videos did not appear

It's A New Day !
B4B

Friday, May 8, 2009


THE WHITE HOUSE
Office of the Press Secretary

May 8, 2009

MILITARY SPOUSE DAY, 2009

- - - - - - -
BY THE PRESIDENT OF THE UNITED STATES OF AMERICA
A PROCLAMATION


Military spouses share the sacrifices of service with our Nation's men and women in uniform. As members of the Armed Forces serve in the United States and across the world, military spouses also serve our Nation. When a servicemember goes to war, we know their spouse also shares in that sacrifice. I am inspired by their commitment to family and our Nation, and on Military

Spouse Day, we honor these individuals for their contributions.
Wives and husbands of servicemembers display an uncommon courage and strength as they steadfastly support their spouses during long and arduous deployments. While they endure separations that are filled with worry and anxiety, they face unique stresses. Foremost is the concern about the safety and well-being of deployed loved ones, but there are many other challenges. From managing household finances to comforting children impacted by a military parent's absence, military spouses take on the burdens of maintaining families largely on their own. This task is complicated even more as spouses work to maintain careers and a sense of community while moving to new duty stations around the country and the world.

Despite these hardships, military spouses are an inexhaustible source of strength for our military families and donate their time generously to local communities. Military spouses offer the love and encouragement that help servicemembers endure the challenges of serving our Nation. Military spouses support one another as friends and mentors. They serve in family readiness groups to keep fellow spouses informed and to provide mutual support. They contribute as volunteers to improve neighborhoods, military installations, and communities. These contributions strengthen both our Nation's character and its security.

All Americans should express appreciation for military spouses and let them know they are not alone. To help those who need it, friends, co-workers, and neighbors can offer to help with the burden of daily tasks and thus give military spouses more time for themselves and their families. To assist spouses who are coping with the absence of a loved one, individuals can listen and offer their counsel. Americans can also volunteer through the many organizations that provide assistance to military families.

Our Nation maintains a sacred trust with every individual who serves. My Administration is committed to showing our Nation's gratitude for them by honoring our obligations to their families.

NOW, THEREFORE, I, BARACK OBAMA, President of the United States of America, by virtue of the authority vested in me by the Constitution and laws of the United States, do hereby proclaim May 8, 2009, as Military Spouse Day. I call upon the people of the United States to honor military spouses with appropriate ceremonies and activities today and in the future.

IN WITNESS WHEREOF, I have hereunto set my hand this eighth day of May, in the year of our Lord two thousand nine, and of the Independence of the United States of America the two hundred and thirty-third.

BARACK OBAMAAlign Center
# # #
B4B

Thursday, May 7, 2009


THE WHITE HOUSE

Office of the Press Secretary

__________________________________________________________________________________________________________________

May 7, 2009

Remarks of President Barack Obama

Reducing Spending in the Budget

Dwight D. Eisenhower Executive Office Building , Room 350

May 7, 2009

All across this country, Americans are responding to difficult economic times by tightening their belts and making tough decisions about where they need to spend and where they need to save. The question the American people are asking is whether Washington is prepared to act with the same sense of responsibility.

I believe we can and must do exactly that. Over the course of our first hundred days in office, my administration has taken aggressive action to confront an historic economic crisis. We are doing everything that we can to create jobs and get our economy moving while building a new foundation for lasting prosperity – a foundation that invests in quality education, lowers health care costs, and develops new sources of energy powered by new jobs and industries.

But one of the pillars of this foundation is fiscal responsibility. We can no longer afford to spend as if deficits do not matter and waste is not our problem. We can no longer afford to leave the hard choices for the next budget, the next administration – or the next generation.

That is why I’ve charged the Office of Management and Budget, led by Peter Orszag and Rob Nabors who are standing behind me today, with going through the budget – program by program, item by item, line by line – looking for areas where we can save taxpayer dollars.

Today, the budget office is releasing a first report in this process: a list of more than one hundred programs slated to be reduced or eliminated altogether. And the process is ongoing.

I want to be clear: there are many, many people doing valuable work for our government across the country and around the world. It’s important that we support these folks – folks who don’t draw a big paycheck or earn a lot of praise but who do tough, thankless jobs on our behalf. This is not a criticism of them.

At the same time, however, there is a lot of money being spent inefficiently, ineffectively, and – in some cases – in ways that are actually pretty stunning.

Some programs may have made sense in the past – but are no longer needed in the present. Other programs never made any sense; the end result of a special interest’s successful lobbying campaign. Still other programs perform functions that can be conducted more efficiently – or are already carried out more effectively elsewhere in the government.

One example of a program we will cut is a long-range radio navigation system which costs taxpayers $35 million a year. This system once made a lot of sense, before there were satellites to help us navigate. Now there’s GPS. Yet, year after year, this obsolete technology has continued to be funded even though it serves no government function and very few people are left who still actually use it.

Another example is the National Institute for Literacy. We strongly support initiatives that promote literacy, but we oppose programs that do it badly. Last year, nearly half of their funding was spent on overhead. So we’ve proposed cutting the $6 million for this program, in favor of supporting literacy efforts within the Department of Education in which tax dollars can be used in a more effective way.

We’re also closing an office maintained by the Department of Education in Paris . This is an office that costs hundreds of thousands of dollars to employ one person as a representative to United Nations Educational, Scientific and Cultural Organization, or UNESCO. Participation in UNESCO is very important. But we can save this money and still participate using e-mail, teleconferencing, and a small travel budget.

In addition, we’re going to save money by eliminating unnecessary defense programs that do nothing to keep us safe – but rather prevent us from spending money on what does keep us safe. One example is a $465 million program to build an alternate engine for the Joint Strike Fighter. The Defense Department is already pleased with the engine it has. They do not want – and do not plan to use – the alternate version. That’s why the Pentagon stopped requesting this funding two years ago. Yet it’s still being funded.

These are just a few examples. But the point to remember is that there are consequences for this kind of spending. It makes the development of new tools for our military, like the Joint Strike Fighter, more expensive – even prohibitively so – and crowds out money for our troops. It makes government less effective. It makes our nation less resilient and less able to address immediate concerns and long-term challenges. And it leaves behind a massive burden for our children and grandchildren.

Some of the cuts we’re putting forward today are more painful than others. Some are larger than others. In fact a few of the programs we eliminate will produce less than a million dollars in savings. Of course, outside of Washington , that’s still a lot of money.

But these savings, large and small, add up. The 121 budget cuts we are announcing today will save taxpayers nearly $17 billion next year alone. That’s a lot of money, even by Washington standards. To put this in perspective, this is more than enough savings to pay for a $2,500 tuition tax credit for millions of students as well as a larger Pell Grant – with enough money left over to pay for everything we do to protect the National Parks.

And this is just one aspect of the budget reforms and savings we are seeking.

I’ve signed a Presidential Memorandum to end unnecessary no-bid contracts and dramatically reform the way government contracts are awarded – reform that will save the American people up to $40 billion each year.

Secretary Gates has proposed the elimination of expensive weapons systems ill-suited for the threats of the 21st century – and a sweeping overhaul of a defense contracting system which has been riddled with hundreds of billions of dollars in waste and cost overruns. A proposal to accomplish these kinds of reforms, sponsored by Senators John McCain and Carl Levin in the Senate, and Representatives Ike Skelton and John McHugh in the House, is advancing through the Congress.

We’re also going to eliminate the subsidies we provide to the health insurance companies through Medicare, saving roughly $22 billion each year starting in 2012 as part of a broader effort to reduce health care costs – essential to putting our nation on a secure fiscal footing.

All told, by the end of my first term we will cut the deficit in half. Over the next decade we’ll bring non-defense discretionary spending to its lowest level as a share of Gross Domestic Product since 1962. We will also continue to look for ways we can save taxpayers money. And I know there are many in both parties in Congress committed to cutting spending and eager to work with us.

One important step is restoring the “pay as you go” rule – and I’ve called on Congress to do exactly that. This rule says, simply, that Congress can only spend a dollar if it saves a dollar elsewhere. This is the principle that guides responsible families managing a budget. And this is the principle that helped transform large deficits into surpluses in the 1990s.

I’ve asked my cabinet to continue to scour their budgets looking for savings and to report their findings back to me. And I’ve proposed other creative ways to control spending. For example, we don’t want agencies to protect bloated budgets – we want them to promote effective programs. So we’ll allow agencies that identify savings to keep a portion of those savings to invest in programs that work.

We’re also making it possible for government employees to submit their ideas for how their agency can save money and perform better. And we’re going to reach beyond the halls of government. Many businesses have innovative ways of using technology to save money, and many experts have new ideas to make government work more efficiently. Government can – and must – learn from them.

Finally, while these steps will help us cut our deficit in half over the next four years, there are looming challenges to our fiscal health beyond that – challenges that will require us to make health care more affordable and to work on a bipartisan basis to address programs like Social Security. What we are proposing today does not replace the need for large changes in non-discretionary spending.

None of this will be easy. For every dollar we seek to save there will be those who have an interest in seeing it spent. That’s how unnecessary programs survive year after year. That’s how budgets swell. That’s how the people’s interest is slowly overtaken by the special interests. But at this moment – at this difficult time for our nation – we cannot accept business as usual. We cannot accept anything less than a government ready to meet the challenges of our time.

We must build a government of the 21st century – a government that is more efficient and more effective. A government that does what we need it to do – and nothing we don’t. A government that invests in our future without leaving behind enormous financial burdens that put our future in jeopardy. And today we have taken an important step toward building this kind of government – not just for this generation of Americans, but for the sake of generations to come.

Thank you.

Friday, May 1, 2009


Former Morehouse Leader Named

Chairman of Bank of America

Black Enterprise Magazine

Bank of America Corp. named Walter E. Massey, a longtime director and president emeritus at Atlanta’s Morehouse College, its new chairman, effective immediately.

After months of anger following the acquisition of troubled investment bank Merrill Lynch & Co., shareholders voted at the company’s annual meeting Wednesday to separate the jobs of chairman and CEO. Former Chairman John Lewis will remain the CEO of the bank.

“Massey has been a strong leader for our company,” a spokesperson for the bank said. “He brings a broad range of experience and a deep knowledge of Bank of America’s businesses and strategy.”

A recognized leader in science, business, and education, Massey has been a director of Morehouse’s board since 1998. He also served as the college’s ninth president (No. 3 on the BE 50 Top Colleges for African Americans) from 1995 to 2007. Under his leadership, the college raised $118 million and constructed several learning facilities, including a state-of-the-art technology building.

“President Massey will provide strategic leadership, integrity, and sound business judgment for one of America’s great financial institutions,” said Robert M. Franklin, Morehouse president. “Morehouse College is exceedingly proud of alumnus and President Emeritus Massey, who is a quintessential renaissance man.”

Calls for Lewis’ resignation have been on the rise since Bank of America’s purchased Countrywide and Merrill for more than $52 billion.

In his remarks to shareholders, he continued to defend the acquisitions despite a $15 billion fourth quarter loss by Merrill. “I continue to believe we have built the best financial company in the industry, and that our results over the long term will bear that out,” Lewis said at the meeting.

Massey assumes his new role at the financial services company as it works speedily to repay $45 billion in government aid received through the Troubled Asset Relief Program. Earlier this month Bank of America has made arrangements to pay back $713 million of the loan money.

Massey is no stranger to the colossus financial company; he served as a director at Bank of America from 1993 to 1998. The Mississippi native earned a bachelor of science in physics and mathematics from Morehouse in 1958. He received his Master’s and doctorate degrees in physics in 1966 from Washington University in St. Louis. Massey’s research has involved the study of quantum liquids and solids.

He and his wife, Shirley Anne, have two sons and three grandchildren.

Bank of America earned $2.56 billion after preferred dividends for all of 2008, down from $14.80 billion in fiscal 2007.

It's A New Day !

B4B