Now this must irritate Republicans, aka, the Party of War and Destruction. Not only is President Obama in office, but he’s getting the Nobel Peace Prize. They’re surprised, because they thought Bush and Cheney bombed it into oblivion:
President Barack Obama won the 2009 Nobel Peace Prize on Friday, a stunning decision that comes just eight months into his presidency.
The Norwegian Nobel Committee said it honored Obama for his “extraordinary efforts to strengthen international diplomacy and cooperation between peoples.”
The president had not been mentioned as among front-runners for the prize, and the roomful of reporters gasped when Thorbjorn Jagland, chairman of the Nobel committee, uttered Obama’s name.
The president, who was awakened to be told he had won, said he was humbled to be selected, according to an administration official.
The Nobel committee recognized Obama’s efforts to solve complex global problems including working toward a world free of nuclear weapons.
“Only very rarely has a person to the same extent as Obama captured the world’s attention and given its people hope for a better future,” the committee said.
Read more. Back in 2006, we picked Obama was one of our Men with Mojo (in one of our first videos ever produced) and suggested he might go all the way.
Man that video needs to be updated.
Vice President Joe Biden may have revealed the location of a secret bunker designed to protect the sitting VP. While attending the Gridiron Club dinner in lieu of President Obama, Biden told his dinnermates about a tour he took of the vice presidential home (he old U.S. Naval Observatory), during which he was shown the hideaway, hidden behind a massive steel door below the Observatory.
Biden’s people quickly did the turnaround, denying the existence of such a location, stating in a statement that he was talking about “an upstairs workspace […] that was converted into an upstairs guestroom when the Bidens moved in.”
The existence of such a bunker is disputed, most notably by government officials. However, it is said that Vice President Cheney was hidden there in the days following the 9/11 attacks. In December 2002, neighbors complained about loud construction, and were issued a letter stating that the work was “sensitive in nature,” and needed to be completed on a “highly accelerated schedule.” These residents said it looked like the construction was going deep into the ground, which would substantiate the existence of the VP bunker. Read more…
An assassination plot against President Obama has been foiled in Turkey. US officials are allegedly taking the threat “very seriously.” However, the president did not need to change his schedule. The man who had been planning the attack was arrested last week in Turkey. Read more…
Barack Obama: A time for global action
Monday, March 23, 2009
WASHINGTON: We are living through a time of global economic challenges that cannot be met by half measures or the isolated efforts of any nation. Now, the leaders of the Group of 20 have a responsibility to take bold, comprehensive and coordinated action that not only jump-starts recovery, but also launches a new era of economic engagement to prevent a crisis like this from ever happening again.
No one can deny the urgency of action. A crisis in credit and confidence has swept across borders, with consequences for every corner of the world. For the first time in a generation, the global economy is contracting and trade is shrinking.
Trillions of dollars have been lost, banks have stopped lending, and tens of millions will lose their jobs across the globe. The prosperity of every nation has been endangered, along with the stability of governments and the survival of people in the most vulnerable parts of the world.
Once and for all, we have learned that the success of the American economy is inextricably linked to the global economy. There is no line between action that restores growth within our borders and action that supports it beyond.
If people in other countries cannot spend, markets dry up already we’ve seen the biggest drop in American exports in nearly four decades, which has led directly to American job losses. And if we continue to let financial institutions around the world act recklessly and irresponsibly, we will remain trapped in a cycle of bubble and bust. That is why the upcoming London Summit is directly relevant to our recovery at home.
My message is clear: The United States is ready to lead, and we call upon our partners to join us with a sense of urgency and common purpose. Much good work has been done, but much more remains.
Our leadership is grounded in a simple premise: We will act boldly to lift the American economy out of crisis and reform our regulatory structure, and these actions will be strengthened by complementary action abroad. Through our example, the United States can promote a global recovery and build confidence around the world; and if the London Summit helps galvanize collective action, we can forge a secure recovery, and future crises can be averted.
Our efforts must begin with swift action to stimulate growth. Already, the United States has passed the American Recovery and Reinvestment Act the most dramatic effort to jump-start job creation and lay a foundation for growth in a generation.
Other members of the G-20 have pursued fiscal stimulus as well, and these efforts should be robust and sustained until demand is restored. As we go forward, we should embrace a collective commitment to encourage open trade and investment, while resisting the protectionism that would deepen this crisis.
Second, we must restore the credit that businesses and consumers depend upon. At home, we are working aggressively to stabilize our financial system. This includes an honest assessment of the balance sheets of our major banks, and will lead directly to lending that can help Americans purchase goods, stay in their homes and grow their businesses.
This must continue to be amplified by the actions of our G-20 partners. Together, we can embrace a common framework that insists upon transparency, accountability and a focus on restoring the flow of credit that is the lifeblood of a growing global economy. And the G-20, together with multilateral institutions, can provide trade finance to help lift up exports and create jobs.
Third, we have an economic, security and moral obligation to extend a hand to countries and people who face the greatest risk. If we turn our backs on them, the suffering caused by this crisis will be enlarged, and our own recovery will be delayed because markets for our goods will shrink further and more American jobs will be lost.
The G-20 should quickly deploy resources to stabilize emerging markets, substantially boost the emergency capacity of the International Monetary Fund and help regional development banks accelerate lending. Meanwhile, America will support new and meaningful investments in food security that can help the poorest weather the difficult days that will come.
While these actions can help get us out of crisis, we cannot settle for a return to the status quo. We must put an end to the reckless speculation and spending beyond our means; to the bad credit, over-leveraged banks and absence of oversight that condemns us to bubbles that inevitably bust.
Only coordinated international action can prevent the irresponsible risk-taking that caused this crisis. That is why I am committed to seizing this opportunity to advance comprehensive reforms of our regulatory and supervisory framework.
All of our financial institutions on Wall Street and around the globe need strong oversight and common sense rules of the road. All markets should have standards for stability and a mechanism for disclosure. A strong framework of capital requirements should protect against future crises. We must crack down on offshore tax havens and money laundering.
Rigorous transparency and accountability must check abuse, and the days of out-of-control compensation must end. Instead of patchwork efforts that enable a race to the bottom, we must provide the clear incentives for good behavior that foster a race to the top.
I know that America bears our share of responsibility for the mess that we all face. But I also know that we need not choose between a chaotic and unforgiving capitalism and an oppressive government-run economy. That is a false choice that will not serve our people or any people.
This G-20 meeting provides a forum for a new kind of global economic cooperation. Now is the time to work together to restore the sustained growth that can only come from open and stable markets that harness innovation, support entrepreneurship and advance opportunity.
The nations of the world have a stake in one another. The United States is ready to join a global effort on behalf of new jobs and sustainable growth. Together, we can learn the lessons of this crisis, and forge a prosperity that is enduring and secure for the 21st century.
Barack Obama is president of the United States. A Global Viewpoint article distributed by Tribune Media Services.
Joe and Jill Biden appeared on The Oprah Winfrey Show yesterday. On the show, the (almost) vice-president’s wife told viewers that Barack Obama gave her husband the choice to be either his running mate, or the Secretary of State. Joe Biden immediately shushed his wife, which caused raucous laughter in the audience. He finally allowed his wife to continue, and she said she had told him that if he were Secretary of State the family would rarely see him. This account of events was denied by the Obama transition team after the show aired yesterday afternoon. Read more…
In an unexpected move (sarcasm), Time magazine has named president-elect Barack Obama person of the year for 2008. He fought a long and difficult battle to the presidency, and gave hope to America and the world; plus he overcame a mess of obstacles I’m not even going to get into. For these reasons, he is the person of the year, and we await his inauguration anxiously. Read more…
But, that doesn’t mean he’s not worth keeping a watchful eye on. John Hastings thinks so:
This is from Drudge Report and Matt Drudge is hosting it on his own site, so I am not sure about the accuracy, but regardless it’s an interesting read:
A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts.
Professor Igor Panarin said in an interview with the respected daily IZVESTIA published on Monday: “The dollar is not secured by anything. The country’s foreign debt has grown like an avalanche, even though in the early 1980s there was no debt. By 1998, when I first made my prediction, it had exceeded $2 trillion. Now it is more than 11 trillion. This is a pyramid that can only collapse.”
The paper said Panarin’s dire predictions for the U.S. economy, initially made at an international conference in Australia 10 years ago at a time when the economy appeared strong, have been given more credence by this year’s events.
When asked when the U.S. economy would collapse, Panarin said: “It is already collapsing. Due to the financial crisis, three of the largest and oldest five banks on Wall Street have already ceased to exist, and two are barely surviving. Their losses are the biggest in history. Now what we will see is a change in the regulatory system on a global financial scale: America will no longer be the world’s financial regulator.”
When asked who would replace the U.S. in regulating world markets, he said: “Two countries could assume this role: China, with its vast reserves, and Russia, which could play the role of a regulator in Eurasia.”
Asked why he expected the U.S. to break up into separate parts, he said: “A whole range of reasons. Firstly, the financial problems in the U.S. will get worse. Millions of citizens there have lost their savings. Prices and unemployment are on the rise. General Motors and Ford are on the verge of collapse, and this means that whole cities will be left without work. Governors are already insistently demanding money from the federal center. Dissatisfaction is growing, and at the moment it is only being held back by the elections and the hope that Obama can work miracles. But by spring, it will be clear that there are no miracles.”
He also cited the “vulnerable political setup”, “lack of unified national laws”, and “divisions among the elite, which have become clear in these crisis conditions.”
He predicted that the U.S. will break up into six parts - the Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Native American populations; and the northern states, where the influence from Canada is strong.
He even suggested that “we could claim Alaska - it was only granted on lease, after all.” Panarin, 60, is a professor at the Diplomatic Academy of the Russian Ministry of Foreign Affairs, and has authored several books on information warfare.
Read more.
Esquire has some fun with people in the news:
The 75 Most Influential People of the 21st Century
We set out to find them across every field of endeavor, the people who are bending history right now. It was an impossible task, but the result is a determined, defiant, earnest, brilliant, philanthropic, space-going, smoking-hot group, and together they are writing the first chapter of the rest of our lives.
Read more.
President-elect Barack Obama appeared on 60 Minutes last week to weigh in on all the big issues, after taking an apparent media break since his election: