Obama Presidency – State of the Union Address

January 27, 2010

By Padmini Arhant

On the eve of the first State of the Union Address by the 44th President of the United States, Barack Obama, the media frenzy with opinions and speculations preceding the important event is not uncommon.

President Barack Obama is scheduled to address the nation and the rest of the world about the administration’s efforts and achievements in the past twelve months and the commitments moving forward.

The past week political and legal outcome has created anxiety and genuine concern among the people and some lawmakers in Congress.

Although, the political consultant based in Washington D.C. echoing the ‘K’ street sentiment by presenting oxymoron analogies would like this development downplayed, the truth of the matter is the high court decision embolden the prevalent corporate dominance and enhance the opportunity for the legislators to either remain or return to power regardless of their detrimental performance in public service.

Assailing the facts as ‘hyperventilation,’ a spin that undermines democracy when the elections are swift boated with the Corporations, Unions and religious institutions’ influence, is rather naïve if not ignorant.

Amid dismal forecasting of the Obama Presidency, the rationality beckons a fair analysis of the Obama administration’s accomplishments and errors since their election to the White House.

President Barack Obama was sworn into the office on January 20, 2009.

State of the Economy:

The former President George W. Bush and Vice President Dick Cheney administration left the White House on January 19, 2009:

United States FEDERAL BUDGET – WIKIPEDIA, THE FREE ENCYCLOPEDIA

en.wikipedia.org/wiki/United_States_federal_budget

Deficit and Debt Increases 2001-2009 … to a total debt of $10.6 trillion as of January 2009. …

For the first time in FY 2008, the U.S. added $1 trillion to the national debt. …

Then bipartisan Congress approved taxpayer spending on two simultaneous wars in Iraq and Afghanistan by allocating $1.05 trillion up until September 30, 2010.

Source: http://costofwar.com/

Total cost of wars since 2001 until date – $954 billion and rising

Spending on Iraq war – $704 billion and Afghanistan war – $250 billion

In addition, the Bush-Cheney administration Wall Street bailout that included insurance giant AIG, Mortgage lender Fannie Mae and Freddie Mac, major banks and the auto industry in 2008.

Reference: www.padminiarhant.com under Business Category, Date – July 23, 2009

Title –Bush Stimulus Package

Total – $1.557 trillion i.e. $1 trillion and 557 billion dollars.

Source: The United States Labor Department

Unemployment Rate in January 2009 – 7.6 percent with 11.6 million Americans out of work.
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Reality Check: By Padmini Arhant

With that being the actual state of affairs, the Obama administration initiative towards jumpstarting the economy was passing a stimulus package to benefit the average Americans and the small businesses worst hit in the economic recession that started in 2002 but acknowledged by the republican members and the Bush administration in December 2007.

Economic Stimulus: $787 billion Passed in February 2009 without any vote from the Senate and a single vote from the House of representative among the Republican minority.

Having previously voted for the Wall Street bailout to AIG and the TARP fund under Bush administration in 2008, the republican members refrained from assisting the American workers and families in the Obama stimulus package in 2009.

Obama Administration Stimulus Funding:

$787 billion economic stimulus package for job creation and tax cuts to help average American workers, families and small businesses.

$275 billion mortgage stimulus program aimed at saving troubled homeowners from foreclosure.

$30 billion bail out to AIG (in addition to the $150 billion Bush administration bailout to the insurance giant in 2008) to avert the conglomerate collapse.

$1 trillion “toxic asset” buyout program designed to get under-water assets off the U.S. banks balance sheets and facilitate the credit flow in the market to help small businesses, first home buyers, home owners refinancing as wells as the medium corporations in retaining jobs.

At the end of March 2009, the Obama Administration gave automakers General Motors and Chrysler another $22 billion in low-interest loans to protect the manufacturing jobs.

In June, the Obama Administration gave General Motors another $30 billion to help them steer through bankruptcy.

Total Obama Stimulus Package – $2.1 trillion dollars – $2 trillion and $144 billion dollars, of that $1 trillion relates to “toxic asset’ program.

It’s noteworthy that the subprime and hedge fund activities accompanied by various Wall Street speculative gambling happened on Bush-Cheney administration and the republican majority watch i.e. 2000-2006 and the recession had already been well under way, even though they refused to take responsibility.

2000 – 2006 the republican members controlled all three branches of the government.

The legislative i.e. both the House and the Senate, The executive, a.k.a. The White House and the judiciary branch.

During that time, the Bush-Cheney Presidency was preoccupied with the wild adventure in Iraq that commenced in 2003 under the pretext of WMD, the weapons of mass destruction that turned out to be Work of Mass Deception.

Again, the Bush-Cheney administration and the republican members were focused on the Halliburton, the oilfield service corporation and its subsidiary, the Kellogg Corporation’s prosperity by neglecting the U.S economy and the brewing global financial crisis.

When the same republican Congress and the Bush administration decided to accept the financial debacle and the economic crisis in December 2007, it’s a year after the democrats gained majority in the House of Congress with the selective news network and the republican members blaming the democrats for the economic crisis.

Shifting attention to the year 2009 -2010, the Obama administration and the democratic Congress passed the necessary legislations to stimulate the economy and devoted much of their time towards the historic health care reform.

President Obama and Democrat Congress Accomplishments:

Economy –

– Salvaged the global financial markets from the brink of collapse,

– Extended unemployment benefits to help families survive the massive layoffs,

– federal tax credits to first home buyers that decelerated the crumbling housing market,

– Stimulus funding generated jobs for the veterans and the green technology projects.

Education and Arts:

Provided College Students relief by shifting the unaffordable student loan payments from the private industry to non-profit organizations.

$787 billion Stimulus Package included –

Federal funding to boost K-12 education supplementing the state budget crisis across the nation.

Federal funding to preserve arts and cultural science.

Health Care Legislation – A phenomenal feat by the democrats in the Congress and the White House, despite the existing resistance from the health care industry to block the legislation.

Poignantly, the milestones in the health care legislation reached without any republican votes in the Senate and again may be with an exception of a single vote from the House of representative.

Average Americans across the nation shared their harrowing experiences from the health care industry abuses and pleaded with their representatives for a universal Medicare and save American lives – approximately 45,000 dying every year due to denial and the lack of health insurance.

Besides, the members of both political parties were well informed on the burgeoning health care costs contributing to the national deficit, an issue that has been squarely attributed to the democrats by the republican members while forgetting their own legacy to the American taxpayers, the accumulated $10.6 trillion, the wars, bailouts…cited above.

Energy and Environment:

The Copenhagen summit in December 2009 is a huge disappointment.

Nevertheless, there is an opportunity in the remaining term to accomplish the desirable goals.

President Barack Obama’s domestic environmental actions surpass the expectations in the first year.

Source: Environmental Policy – San Jose Mercury News, January 19, 2010 – By Paul Rogers

“The economy, war and health care are dominating discussions about what he has or hasn’t accomplished.

Yet with little notice from the public, Obama has been steadily rewriting a major area of American policy – the environment – from global warming to gas mileage rules, logging to endangered species.

Many of his initiatives have particular impact on California.

Obama on the Environment:

Increased gas mileage standards for cars and light trucks 40 percent, to 35 mpg by 2016.

Signed a bill establishing 2.1 million new acres of federally protected wilderness, the largest such bill since President Bill Clinton signed the Desert Protection Act in 1994.

The bill bans logging, mining and road building on federal forests and deserts in nine states, including portions of Joshua tree and Sequoia national parks and ancient bristlecone pine forests in the eastern Sierra.

Announced tougher new national smog standards from the EPA this month i.e. January 2010.
Issued EPA rules requiring large U.S. ships to cut soot emissions by 85 percent.

Blocked Bush administration rules on offshore drilling and endangered species protections.

Begun a process in December in which the Environmental Protection Agency will, for the first time, restrict the amount of greenhouse gases industry can release.

Directed more than $50 billion in funding and tax credits for renewable energy projects.

“This is by far the best first year on the environment of any president in history, including Teddy Roosevelt,” said Carl Pope, national executive director of the Sierra Club, in San Francisco.

“Most presidents have done their best environmental work late in their term. This is very very strong opening.”

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Democratic Congress and White House Administration errors requiring correction:

Domestic Policy: By Padmini Arhant

Passing legislations in the partisan atmosphere is a daunting task in itself.

Both the White House and the democratic Congress have not been meticulous in the policy implementations such as,

Banks bailout approval without any stipulations.

Oversight and accountability on the stimulus funding slighted by the financial industry.

Failure to reserve actions against banks’ non-compliance in easing the liquidity crisis and the housing market revival.

Resisting pork barrel or earmarks in the stimulus funding to negate the opposition and the selective media hypocrisy.

Recruiting the faulty economic team otherwise known as the Wall Street oligarchy –

The Treasury Secretary Timothy Geithner, the economic adviser Larry Summers and now backing the Federal Reserve Chairman Ben Bernanke for a second term, much against the main street protest is a tremendous political liability.

Further, the team members were the head of the respective institutions that led the economy to a near free fall and arguably viewed by the general public as the lobbyists for the financial sector.

Job creation and protection – It’s been slow irrespective of the stimulus programs and is the primary cause for losing the recent elections.

It could be recovered by offering tax cuts to deserving corporations preserving jobs as opposed to exporting jobs overseas.

Incentivizing manufacturing sector by reviewing trade and commerce law.

Embracing protectionism over globalization is necessary to promote domestic jobs, thereby confirming the White House and Congress priority for the American people over the overseas financier, China.

Regulations and reform in the finance, health care and energy sector is paramount for the present survival and future growth.
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Foreign Policy: By Padmini Arhant

Haiti disaster fund $100 million by the administration is commendable but news reports regarding the U.S military presence overwhelming the rescue and relief operation was alarming.

Remarkable improvement in the U.S. and Russian relationship particularly in the dialogue related to conventional stockpiles and nuclear arsenal reduction treaty.

The 64th U.N General Assembly session in September 2009 – Smart approach to discuss nuclear non-proliferation even though nuclear disarmament is the ideal path towards global peace and security.

G-20 meeting in April and September 2009 was a success and progress dependent on pending U.S financial reform.

April 2009 – $1 Trillion Stimulus Package – G-20 World Leaders Stimulus

The leaders of the 20 most powerful countries in the world (representing 85% of global economic production) convened in London and agreed to $1 trillion in economic stimulus funds, as well as tighter global financial regulations.

Environmental – COP15, Copenhagen Summit – A failure.

There is hope to realize the environmental scope in the 2010 and future global summits. The environmental pursuit must begin with the U.S climate bill legislation to gain credibility in the international forum.

Domestic issues like economy, health care, debates surrounding the troops increase in Afghanistan and national security have consumed most part of the 2009 and overshadowed the prominent world crises.

Pakistan – Financial aid to advance socio-economic development is a positive step as long as the funds are invested to alleviate the population plight and educate the children in the rural and urban areas. Drone attacks have caused many civilian casualties justifiably triggering anger and frustration among the local victims.

Military aid and the deployment of the private mercenary viz. The Blackwater a.k.a.Xe Services LLC and alike to eliminate the terror networks is a contentious issue to be discussed in length later.

India and Pakistan – The United States’ position to disassociate from the talks reveals political expediency.

Iranian crackdown of the democracy movement and defiance in the nuclear program – A cautious reaction and response by the United States arousing passion among the allies and the adversaries.

Worsening Israeli and Palestinian conflict – Jewish settlements, blockade and occupation continue to derail peace prospects and fomented by the United States adherence to the prior administration’s foreign policy.

The controversial three-dimensional wars in Afghanistan, Iraq and Yemen via military and intelligence intervention will be elaborated in the later segments.

Containing the saber rattling – North Korea launching missiles, a tradition maintained since the former Bush-Cheney administration. Multilateral talks are vital to curb North Korean President Kim Jong Il’s erratic behavior.

Postponing the meeting with his Holiness Dalai Lama and accepting illegal invasion and occupation of Tibet as part of China in an effort to appease the major creditor – A diplomatic trend serving none and blatantly condones oppression, a diametric stance for the world’s first democracy.

Honduran Military Coup – A setback reflecting the flagrant U.S foreign policy towards Latin America complicated by the republican members’ rendezvous with the military coup leader Roberto Micheletti.

Darfur Genocide – President Obama’s interference was refreshing and requires intense pressure on the Sudanese President Omar al-Bashir to end the massacre entirely.

Burma – The Burmese junta extending the pro-democracy leader, Aung san suu kyi’s house arrest and exploiting the forthcoming election with false declaration to release the leader by November 2010 is bound to attract international interest.

Unrest in Sub-Saharan Africa – Guinea – The U.S. Secretary of State Hillary Clinton appropriately condemned the violence and the message should resonate in other parts of the world for the United States to be received as the reliable negotiator in peace process.

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Performance Assessment and Future Role: By Padmini Arhant

President Barack Obama and the democratic Congress have demonstrated leadership in dealing with the humongous challenges inherited from the previous administration on the economy, war, national security and neglected issues pertaining to human life i.e. health care and environment.

Regrettably, the White House and the democrat Congress have not utilized the political capital earned from the historic election and the weaning public support especially among the independent voters stems from the promised ‘Change,’ not being delivered with Wall Street reining control over Washington and the substantial bailouts not producing the anticipated economic recovery.

Other factors like transparency and accountability are perceived to be in coherence with the earlier administration’s discreet policy, avoiding the free press and media, thus providing fodder for the critics.

In foreign policy and war on terror – The administration policy is viewed as Bush-Cheney policy in the international main street specifically in the most vulnerable regions of the world.

President Barack Obama seeking bipartisanship with a cabinet offer to the Republican Senator, Judd Gregg of New Hampshire to serve as the U.S Commerce Secretary was turned down.

Similarly, the White House invitation to the republican members for their input in the economic stimulus went stone deaf with criticisms volleyed against the President and the democrats for the economic stimulus package.

The President and the democrats’ bipartisan outreach have been futile, for they are doomed either way among the republican members who can’t find any common ground to agree upon any proposal.

In light of the status quo, the Congress members are obligatory to the American electorate rather than their colleagues in the House and the Senate or the Wall Street.

Creating jobs and restoring confidence among the consumers, investors and taxpayers is the inevitable victory against any form of opposition.

Negative attacks and distortions will persist. Maintaining a strong disposition and determination to succeed are the key characteristics when facing obstacles on the path.

Moving diligently with the legislations on financial reform, health care with a public option and concentrating on the climate bill will prove the inherent courage in the Presidency and Congress members to fight for the people and the nation.

Ultimately, in a democracy the power lies with the people as voters, consumers, taxpayers and shareholders.

Among the members in the society – Effectively, it’s better for different groups supporting a common cause to pool resources and present them as one voice against any powerful force during the elections and legislations.

For instance, the various environmental organizations should consolidate ideas and act together to defeat the industrial threat to the planet.

Likewise, the average citizens should join together as a resilient force to represent democracy during elections, and rally behind the President and the party that is dedicated to the public and not the private or personal interest.

The United States has a unique opportunity to rebound in all aspects and emerge from the present crises under the leadership of President Barack Obama and the democratic Congress.

People have endured and overcome many upheavals in the ‘Land of the Free and Home of the Brave, the United States.

President Barack Obama brought hope to many in this country and around the world in 2008.

People are the only ones who can bring about the ‘Change,’ they desire by electing the officials and the President who are willing to undertake political risks and protect the people’s rights in a democracy.

“Yes We Can,” did it in 2008 and “Yes We Will,” should elect the doers, the democrats to office in 2010 to complete the work began in 2009, the economy and health care…

I wish President Barack Obama and Congress members of both parties success in the legislative matter concerning “We the People.”

Thank you.

Padmini Arhant

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