A collection of newsworthy information as reported from newspapers, magazines, and blogs.
Tuesday, September 28, 2010
Young Adults More Likely To Vote After Reading Rolling Stone Article
Question? Who reads Rolling Stone Magazine?
Answer: Young adults
Obama has taken his time and explained all of the issues he's faced during his Presidency. His intended audience, young adults, will get the message and will likely become influenced to vote during the mid-term elections. This is a great strategic move for Obama.
This recession is worse than the Ronald Reagan recession of the Eighties, the 1990-91 recession, and the 2001 recession combined.
I swore to uphold the Constitution, and part of that Constitution is a free press. We've got a tradition in this country of a press that oftentimes is opinionated. The golden age of an objective press was a pretty narrow span of time in our history. Before that, you had folks like Hearst who used their newspapers very intentionally to promote their viewpoints. I think Fox is part of that tradition — it is part of the tradition that has a very clear, undeniable point of view. It's a point of view that I disagree with. It's a point of view that I think is ultimately destructive for the long-term growth of a country that has a vibrant middle class and is competitive in the world. But as an economic enterprise, it's been wildly successful. And I suspect that if you ask Mr. Murdoch what his number-one concern is, it's that Fox is very successful.
"Folks, that's what you elected me to do." I keep in my pocket a checklist of the promises I made during the campaign, and here I am, halfway through my first term, and we've probably accomplished 70 percent of the things that we said we were going to do — and by the way, I've got two years left to finish the rest of the list, at minimum. So I think that it is very important for Democrats to take pride in what we've accomplished.
I could have had a knock-down, drag-out fight on the public option that might have energized you and The Huffington Post, and we would not have health care legislation now. I could have taken certain positions on aspects of the financial regulatory bill, where we got 90 percent of what we set out to get, and I could have held out for that last 10 percent, and we wouldn't have a bill. You've got to make a set of decisions in terms of "What are we trying to do here? Are we trying to just keep everybody ginned up for the next election, or at some point do you try to win elections because you're actually trying to govern?" I made a decision early on in my presidency that if I had an opportunity to do things that would make a difference for years to come, I'm going to go ahead and take it.
I just made the announcement about Elizabeth Warren setting up our Consumer Finance Protection Bureau out in the Rose Garden, right before you came in. Here's an agency that has the potential to save consumers billions of dollars over the next 20 to 30 years — simple stuff like making sure that folks don't jack up your credit cards without you knowing about it, making sure that mortgage companies don't steer you to higher-rate mortgages because they're getting a kickback, making sure that payday loans aren't preying on poor people in ways that these folks don't understand. And you know what? That's what we say we stand for as progressives. If we can't take pleasure and satisfaction in concretely helping middle-class families and working-class families save money, get a college education, get health care — if that's not what we're about, then we shouldn't be in the business of politics. Then we're no better than the other side, because all we're thinking about is whether or not we're in power.
But to say that we did not significantly improve oversight of the derivatives market, it just isn’t true.
One of the things that you realize when you're in my seat is that, typically, the issues that come to my desk — there are no simple answers to them. Usually what I'm doing is operating on the basis of a bunch of probabilities: I'm looking at the best options available based on the fact that there are no easy choices. If there were easy choices, somebody else would have solved it, and it wouldn't have come to my desk.
That's true for financial regulatory reform, that's true on Afghanistan, that's true on how we deal with the terrorist threat. On all these issues, you've got a huge number of complex factors involved. When you're sitting outside and watching, you think, "Well, that sounds simple," and you can afford to operate on the basis of your ideological predispositions. What I'm trying to do — and certainly what we've tried to do in our economic team — is to keep a North Star out there: What are the core principles we're abiding by? In the economic sphere, my core principle is that America works best