Get Mad! Country Going Down, Part 5

I totally agree with president Obama on the matter that we need both cuts in spending and increase in revenue to reduce the deficits and stimulate economy. No doubt, continuing tax credits for the wealthiest while everything in the country is at stake and asking poor, old, sick, disabled and kids to sacrifice, instead, is insane. It is this great country, outstanding system that exists here and the buying power of Americans that made these people rich. After all, it doesn’t matter how smart they are and how good their products and services are, they can never make this king of money in Nigeria, for example. On the other hand, my question is, why not getting out of expensive wars, immediately, is not the part of these cuts and balancing the budget efforts?
Please, refer to the article, “President Barack Obama” on Whitehouse.gov. It states:

“Barack H. Obama is the 44th President of theUnited States.”

” His story is the American story — values from the heartland, a middle-class upbringing in a strong family, hard work and education as the means of getting ahead, and the conviction that a life so blessed should be lived in service to others. With a father fromKenyaand a mother fromKansas, President Obama was born inHawaiionAugust 4, 1961.”

” After working his way through college with the help of scholarships and student loans, President Obama moved to Chicago, where he worked with a group of churches to help rebuild communities devastated by the closure of local steel plants. He went on to attend law school, where he became the first African-American president of the Harvard Law Review.”

“President Obama’s years of public service are based around his unwavering belief in the ability to unite people around a politics of purpose.”

“He was elected the 44th President of theUnited StatesonNovember 4, 2008, and sworn in onJanuary 20, 2009.”

Please, refer to the article, “Barack Obama” on Wkipedia.org. It mentions:

“Barack Hussein Obama II (Listeni/bəˈrɑːk huːˈseɪn oʊˈbɑːmə/; born August 4, 1961) is the 44th and current President of the United States.”

“Born in Honolulu, Hawaii, Obama is a graduate of Columbia University and Harvard Law School, where he was the president of the Harvard Law Review.”
“Following an unsuccessful bid against the Democratic incumbent for a seat in the United States House of Representatives in 2000, Obama ran for United States Senate in 2004.”

“As president, Obama signed economic stimulus legislation in the form of the American Recovery and Reinvestment Act in February 2009 and the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act in December 2010.”
“Obama was born on August 4, 1961, at Kapiʻolani Maternity & Gynecological Hospital (now called Kapiʻolani Medical Center for Women and Children) in Honolulu, Hawaii,[5] and is the first President to have been born in Hawaii.[6]”
“After her divorce, Dunham married Indonesian student Lolo Soetoro, who was attending college in Hawaii.”
“In 1971, Obama returned to Honolulu to live with his maternal grandparents, Madelyn and Stanley Armour Dunham, and attended Punahou School, a private college preparatory school, from the fifth grade until his graduation from high school in 1979.”
“Of his early childhood, Obama recalled, “That my father looked nothing like the people around me—that he was black as pitch, my mother white as milk—barely registered in my mind.”
“Following high school, Obama moved to Los Angeles in 1979 to attend Occidental College.”
“Two years after graduating, Obama was hired in Chicago as director of the Developing Communities Project (DCP), a church-based community organization originally comprising eight Catholic parishes in Greater Roseland (Roseland, West Pullman and Riverdale) on Chicago’s far South Side.”
“In late 1988, Obama entered Harvard Law School.”
“In 1991, Obama accepted a two-year position as Visiting Law and Government Fellow at the University of Chicago Law School to work on his first book.”
“From 1994 to 2002, Obama served on the boards of directors of the Woods Fund of Chicago, which in 1985 had been the first foundation to fund the Developing Communities Project, and of the Joyce Foundation.”
“Obama was elected to the Illinois Senate in 1996, succeeding State Senator Alice Palmer as Senator from Illinois’s 13th District, which at that time spanned Chicago South Side neighborhoods from Hyde Park – Kenwood south to South Shore and west to Chicago Lawn.”
“Obama was reelected to the Illinois Senate in 1998, defeating Republican Yesse Yehudah in the general election, and was reelected again in 2002.”
“In January 2003, Obama became chairman of the Illinois Senate’s Health and Human Services Committee when Democrats, after a decade in the minority, regained a majority.”
“In May 2002, Obama commissioned a poll to assess his prospects in a 2004 U.S. Senate race; he created a campaign committee, began raising funds and lined up political media consultant David Axelrod by August 2002, and formally announced his candidacy in January 2003.”
“Decisions by Republican incumbent Peter Fitzgerald and his Democratic predecessor Carol Moseley Braun to not participate in the election resulted in wide-open Democratic and Republican primary contests involving fifteen candidates.”
“In July 2004, Obama delivered the keynote address at the 2004 Democratic National Convention in Boston, Massachusetts, and it was seen by 9.1 million viewers.”
“Obama’s expected opponent in the general election, Republican primary winner Jack Ryan, withdrew from the race in June 2004.”
“Obama was sworn in as a senator on January 4, 2005,”
“Obama cosponsored the Secure America and Orderly Immigration Act.”
“Obama sponsored legislation that would have required nuclear plant owners to notify state and local authorities of radioactive leaks, but the bill failed to pass in the full Senate after being heavily modified in committee.”
“On February 17, 2009, Obama signed the American Recovery and Reinvestment Act of 2009, a $787 billion economic stimulus package aimed at helping the economy recover from the deepening worldwide recession.”
“In March, Obama’s Treasury Secretary, Timothy Geithner, took further steps to manage the financial crisis, including introducing the Public-Private Investment Program for Legacy Assets, which contains provisions for buying up to $2 trillion in depreciated real estate assets.”
“Obama intervened in the troubled automotive industry in March 2009, renewing loans for General Motors and Chrysler to continue operations while reorganizing.”

 
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Read our articles Get Mad! Country Going Down, Part 4 and Get Mad! Country Going Down, Part 6

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