Chart usGOLD   Chart usSILVER  
 
Food for thought
It would be a great reform in politics if wisdom could be made to spread as easily and as rapidly as folly
Winston Churchill  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1232.060.60
Silver 17.190.01
Platinum 1251.502.50
Palladium 778.122.32
WORLD MARKETS
DOWJONES 16678210
NASDAQ 445370
NIKKEI 15139-57
ASX 5370-3
CAC 40 415853
DAX 9047107
HUI 1850
XAU 760
CURRENCIES (€)
AUS $ 1.4435
CAN $ 1.4206
US $ 1.2648
GBP (£) 0.7890
Sw Fr 1.2065
YEN 136.9100
CURRENCIES ($)
AUS $ 1.1414
CAN $ 1.1228
Euro 0.7906
GBP (£) 0.6238
Sw Fr 0.9539
YEN 108.2360
RATIOS & INDEXES
Gold / Silver71.67
Gold / Oil15.09
Dowjones / Gold13.54
COMMODITIES
Copper 3.060.03
WTI Oil 81.671.54
Nat. Gas 3.660.00
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Inaugural Address: Some Quick Reflections, and What Obama Did Not Say
Published : January 22nd, 2013
676 words - Reading time : 1 - 2 minutes
( 1 vote, 5/5 ) Print article
 
    Comments    
Tweet
Keywords :   Lead | Medicare | None | Recovery |


Like many others I listened to President Obama's second Inaugural Address today.

There were of some higher moments, broader themes, and an emphasis on the positive.  I struggled to find 'the memorable phrase' that would be repeated and quoted in the particular.   I have one or two candidates.


Perhaps time will sift one out of this speech, but over all this struck me as an address from a manager like a CEO, and not a political leader.  But that does sound a bit petty.  Not every Presidential inaugural address is memorable.

"We, the people, still believe that every citizen deserves a basic measure of security and dignity.  We must make the hard choices to reduce the cost of health care and the size of our deficit.  But we reject the belief that America must choose between caring for the generation that built this country and investing in the generation that will build its future.  For we remember the lessons of our past, when twilight years were spent in poverty, and parents of a child with a disability had nowhere to turn. 

We do not believe that in this country, freedom is reserved for the lucky, or happiness for the few.  We recognize that no matter how responsibly we live our lives, any one of us, at any time, may face a job loss, or a sudden illness, or a home swept away in a terrible storm. The commitments we make to each other - through Medicare, and Medicaid, and Social Security - these things do not sap our initiative; they strengthen us.  They do not make us a nation of takers; they free us to take the risks that make this country great.

We, the people, still believe that our obligations as Americans are not just to ourselves, but to all posterity.  We will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations.  Some may still deny the overwhelming judgment of science, but none can avoid the devastating impact of raging fires, and crippling drought, and more powerful storms.

The path towards sustainable energy sources will be long and sometimes difficult.  But America cannot resist this transition; we must lead it.  We cannot cede to other nations the technology that will power new jobs and new industries - we must claim its promise.  That is how we will maintain our economic vitality and our national treasure - our forests and waterways; our croplands and snowcapped peaks.  That is how we will preserve our planet, commanded to our care by God.  That's what will lend meaning to the creed our fathers once declared."
There can be no denying that this speech was a strong defense of the progressive social agenda.

I thought that it was remarkable for some of the things it did not say.

The word 'reform' was mentioned only once, in reference to the need to 'reform our schools.'

The words 'banks, regulation, finance, financial, property, money, and fraud' were never mentioned.

The word 'crisis' was mentioned only once, in the phrase 'extend our capacity to manage crisis abroad.' Although there was a broader reference to 'crises' and an assertion of 'an economic recovery.'
"This generation of Americans has been tested by crises that steeled our resolve and proved our resilience. A decade of war is now ending. An economic recovery has begun. America's possibilities are limitless, for we possess all the qualities that this world without boundaries demands: youth and drive; diversity and openness; an endless capacity for risk and a gift for reinvention. My fellow Americans, we are made for this moment, and we will seize it - so long as we seize it together."
Perhaps that last sentence will be 'the memorable phrase.'

President Obama laid out an aggressive social agenda.  It is the 'hard choices that we must make' that will determine history's view of his Presidency.  He outlines some higher principles in this speech, but the proof will be in action, and will put substance into the words.


Tweet
Rate :Average note :5 (1 vote)View Top rated
Previous article by
Jesse
All articles by
Jesse
Next article by
Jesse
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Jesse

Visit Jesse's Cafe Americain for refreshing news on the markets
Jesse ArchiveWebsite
Most recent articles by Jesse
10/23/2014
10/23/2014
10/23/2014
10/23/2014
10/22/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer