Is Obama Protecting BP?

Daily Agitator

Last night the President made his first speech from the Oval office…this was his opportunity to take the lead on the Gulf oil spill….to show the American people that he is in charge and BP will be made to pay……..(pause for reflection)……..he failed!  I heard NOTHING that had not been said before…..mostly it was his optimism that all will be made right……he told me all about the Noble Prize winners in his cabinet and the commission he has appointed to deal with the spill…..commission?……we do NOT need a commission…we need a CORK!

There has been so much back and forth on how Obama has handled the Gulf oil spill…Repubs are making it a politically weapon for their elections…the Dems are defending the actions of Obama and his response to the spill….and the media is just doing nothing more than fanning the flames of discontent……everyone on the air whether politician or journalist seem to be having an agenda to pursue…and while they are doing this the people effected by the spill keep getting further and further screwed by the very people that are there to “help”…..

in an article written by Hiram Lee…….

Last week the Interior Department released a statement to the press with a new estimate placing the amount of oil leaking into the Gulf at 12,000 to 19,000 barrels per day. The numbers came from a survey conducted by the National Incident Command’s Flow Rate Technical Group, a team consisting of government scientists and representatives from universities across the US. The White House stood by the new estimates and BP executive Robert Dudley appeared on national television to promote them.

In reality, the scientists conducting the survey reported this estimate only reflected the “lower bounds” of their findings, meaning that the numbers represented the very least possible amount of oil flowing into the Gulf.

The escrow account that the Dems are proposing…..is it a way to protect BP from the massive lawsuits heading their way?

“The BP chiefs will suggest to Mr. Obama that the rhetoric from the White House and other parts of the administration is destabilising markets and damaging US investors, who hold 40 percent of its shares,” the Times writes. “The BP executives will tell the administration that the company can afford to pay an already announced first quarter dividend as well as meet its bill for coping with the Gulf of Mexico spill.”

Any “truce” will be on the backs of the those devastated by the crisis. This is because all sides in the discussion—the Obama adminstiration as much as BP—start from the premise that the BP and the oil industry as a whole must remain under the control of private investors, whose money-mad drive for profit created the disaster and has dictated every step of the response.

I have NO doubt that BP will NOT be held totally accountable for the is spill….just as Exxon was NOT held accountable for the Valdez incident……,IMO, BP will be protected from the entirety of the spill….and in doing so…this whole scenario will be re-visited again in the future….just like the financial crisis….in 10 years we will be deal with it again…..Why?    because NONE of the SLUGS in Washington have the guts to really repair a broken system….they just throw minor diatribes at it and hope that it will go away….

Romney For HHS?

This is filed under absurd news.

Mr. Obama laments the events that caused him to withdraw the nomination of his anointed healthcare-reform czar, former Senate majority leader Tom Daschle, as Health and Human Services Secretary. Reaching back to the lofty rhetoric of his campaign, he implores his audience to look past his own lapse in judgment and seize the opportunity to implement sweeping national reform that puts health insurance within reach for the millions already uninsured – and the millions more whose coverage is jeopardized by the nation’s economic crisis.

“I’ve seen such an approach work,” Kennedy declares, “in my own home state, where in just two years we’ve seen 500,000 people who were uninsured gain access to quality healthcare as a result of an agreement among Republicans, Democrats, hospitals, insurers, and the voters. They came together because they understood this issue was too important to remain bogged down in politics any longer. Now I am here to introduce my partner in that process; a man whose life experience spans the heights of the public, private and nonprofit sectors; a man whose commitment to the goal of seeing every American receive quality, affordable healthcare is every bit as strong as my own; the man who I believe can work with the president, the Congress and the entire healthcare system to reach this goal; my friend, my former governor, Mitt Romney.”

Putting Romney forward as the face of reform would be extraordinary, controversial, and risky. But, then again, so would anything resembling meaningful healthcare reform. It would require sacrifice on both sides of the political aisle – far beyond any of the halting, symbolic bows at bipartisanship exchanged thus far in the Obama era. And it may be the last, best opportunity to salvage the effort in the wake of Daschle’s fall.

Are these guys really considering this?  May I see a show of hands of those who think that Romney would play ball with the Obama Admin?  If he does then there goes his run for president in 2012……if he does then he will crap all over his conservative credentials……Would he take the position if offered So many questions…so little to work with…..?

Try And Try Again…..

Time to mail a bitch to your senators….the time for this partisan BS is OVER!  Time to get the economy repaired and moving in the right direction.  I love the Repubs when on mic say they want the presz to succeed and then go about trying to make him fail……hypocrisy is staring to smell like so much fecal matter.

The stumbling block Thursday was the 10-year price of the stimulus plan being debated in the Senate — more than $900 billion — fueling Republican demands that it be scaled back.

“The time for talk is over,” President Barack Obama said Thursday, noting a report that unemployment claims jumped to 626,000 last week, a 26-year high and up 78% from a year ago. National employment numbers are due out today and are expected to indicate a national economy still slipping toward depression.

Much is riding on the legislation, particularly for Michigan, which had the highest jobless rate in the nation in December, 10.6%. The stimulus bill contains billions of dollars to extend unemployment benefits, offer Medicaid coverage and other insurance to people who are out of work and create jobs through infrastructure investment.

A Congressional Budget Office estimate said the stimulus could increase employment by 1.3 million to 3.9 million jobs nationwide by the end of next year.

The cost of the Senate version under debate Thursday night topped the $819-billion House version passed last week on a 244-188 vote. One big difference in the Senate version was a $70-billion fix to the Alternative Minimum Tax. Without the fix — which Congress has made each year in recent years — millions of middle-class taxpayers would be forced to pay higher taxes.

The big-ticket items were expected to remain part of the overall package. They included $247 billion in tax cuts, much of that committed to a provision that would give $500 back to individuals who make less than $75,000 a year and $1,000 to couples who make less than $150,000.

As proposed, the bill also committed $16 billion to build and repair schools, $27 billion for road and bridge work and $8.4 billion for improvements to public transportation. There also was $79 billion to help states cope with the stress on their budgets, which Levin called a key component.

Republicans decried the overall cost, arguing that it was far too much, but efforts to scale it back via floor amendments failed. Meanwhile, off the floor, negotiators tried to find a way to trim it — a prospect Obama endorsed, as long as it got the bill moving.

Please do not misunderstand me…Dems are just as partisan as the Repubs and all this political BS is killing the country……somewhere, someone has got to have the ‘nads to stop this silly “business as usual” crap and get on with moving the country forward.  The trickle down stuff will NOT work!  Direct spending into the economy is the only way in the short term.

Time to make these people, and I use the term very loosely, to do their job and stop playing the ideological crap.  The country cannot afford this.  Maybe we should stop payment on their damn checks to get their ateention….and then maybe they will feel the pain of the American people.

“Buy American”–Good Or Bad?

A “Buy American” drive in President Barack Obama’s economic stimulus plan is sparking protests from businesses and trading partners, and drawing cheers from domestic manufacturers and unions.

Obama is pushing Congress for swift passage of the American Recovery and Reinvestment Act as vital to prevent the collapse of the fragile US economy amid the accelerating global financial crisis.

The House of Representatives passed an 819 billion dollar version of the economic stimulus package Wednesday that contains a “Buy American” provision generally barring the purchase of foreign iron and steel for any stimulus-funded infrastructure project.

The massive stimulus plan of tax cuts and spending has moved to the Senate, where lawmakers are working on their own version that extends the “Buy American” initiative on iron and steel to include all US manufactured goods.

As the global economic crisis continues to deepen, the unmistakable stench of economic nationalism is on the rise around the world. Confronted with collapsing industries and growing anger over job losses, governments are reaching for protectionist measures despite the disastrous consequences of such beggar-thy-neighbour policies in the 1930s.

The new Obama administration spurred on the rising tide of protectionism with the comments last week of Treasury Secretary nominee Tim Geithner accusing China of manipulating its currency to boost exports. Designating Beijing as a “currency manipulator” would allow the White House to invoke a broad range of punitive tariffs and other economic penalties against China under US trade legislation.

The Democrats in the House of Representatives went one step further by including a “Buy American” provision in Obama’s $825 billion stimulus package approved on Wednesday. The clause, which requires infrastructure projects funded by the package to use only US-made iron and steel, has provoked protests from European steelmakers. Democrat senator Byron Dorgan is proposing a broader measure to exclude most foreign-made manufactured goods when the package reaches the Senate.

Such measures threaten to provoke escalating retaliation and a full-blown trade war. A comment in the US journal Foreign Policy warned that the “explicitly protectionist language” contained in the package would “certainly be taken as a bad sign by the rest of the world. The world can deal with a protectionist India or Indonesia. The trading system will have much more trouble if the United States starts to renege on its traditional leadership role.”

Is this move the slippery slope of economic nationalism?  Or possibly good politics?

Criticisms Abound On The Stim Plan From Obama

Republicans signaled Sunday that they would not be daunted by President Obama’s soaring approval ratings, criticizing his proposed $825-billion economic stimulus plan, his strategy for closing the prison at Guantanamo Bay, Cuba, and his decision to exempt a top-ranking Pentagon appointee from new ethics rules.

Some of the sharpest criticism came from Sen. John McCain (R-Ariz.), the party’s challenger to Obama in the election and the recipient of aggressive outreach as part of the new president’s efforts to forge an image of bipartisanship.

And the senator said he would not support the stimulus plan in its current form, asserting that it should have more tax cuts and less emphasis on projects, such as repairing the National Mall or extending broadband access to rural areas.

McCain’s comments were echoed by House Minority Leader John A. Boehner (R-Ohio), who said on NBC’s “Meet the Press” that he and many of his colleagues could not support the measure in its current form because they “see this as a lot of wasteful Washington spending, padding the bureaucracy and doing nothing to help create jobs and preserve jobs.”

The plan being pushed by Obama and Democratic congressional leaders would add thousands of miles of electronic transmission lines, retool thousands of schools and federal buildings and build infrastructure to promote wind and solar energy. It contains $275 billion in tax cuts — not nearly as much as Republicans want — and would fund a range of programs that GOP officials say are unnecessary or would not stir economic activity quickly enough.

WAIT!  Tax cuts?  We had 8 years of tax cuts and we are where we are and these guys want to give more cuts.  The past ones did not create jobs or create more production or create more industry, but some how it will now.  Is that about what they want us to believe?  Sorry, guys….I am having a really hard time believe any of their rhetoric.  Maybe Boner, oh sorry, my bad, Boehner should break into tears to convince us.  I do so love theatrics.  (sarcasm intended)

It Was A Do-Over!

The oath heard around the world!

The oath that the Chief Justice gave to the president-elect was heard around the world, but wait!

After the flub heard around the world, President Barack Obama has taken the oath of office. Again. Chief Justice John Roberts delivered the oath to Obama on Wednesday night at the White House — a rare do-over. The surprise moment came in response to Tuesday’s much-noticed stumble, when Roberts got the words of the oath a little off, which prompted Obama to do so, too.

Don’t worry, the White House says: Obama has still been president since noon on Inauguration Day.

Nevertheless, Obama and Roberts went through the drill again out of what White House counsel Greg Craig called “an abundance of caution.”

But wait again!

Does that mean that Joe Biden was president for one day?  If so, he can say that America was safe on his watch.  I bet the ultra right blogosphere was smoking hot with all the constitutionally BS after the mistake..

Guess what?  Obama was president then and he is president now…live with it.

To Reform Entitlements–Social Programs Part 2

Recently I posted a piece entitled, “Will Obama Cut Social Programs” and my conclusion was….yes he will.  I listened to his speech and re-read it to be sure I think there is a disturbing part of that message.

It has been said that the Obama Admin is looking at reform entitlements like Social Security and Medicare.  That usually means that the people who receive these entitlements will  most likely mean they will get less in benefits and pay higher taxes.

This reform will effect the very people that cannot live with austere reforms.  These are those on fixed incomes and a limited amount of services received.

I ask why start with the elderly and the poor for such reforms?  Why not make it mandatory that ALL people paying Social Security, pay on the entire amount and not limit it to the first $250,000.  That would be a more impressive reform and would make everyone part of the solution.

Obama made his speech and for the most part an excellent speech, but as usual there was a part that stuck in my brain and I found it to be a bit disturbing.  The part that all Americans most take responsibility.

This formulation holds tens of millions of workers facing the loss of their jobs and homes through no fault of their own equally responsible for the present crisis as Wall Street executives and hedge fund managers whose financial parasitism and criminality helped drag their own institutions and the world economy into ruin.

Now Obama is telling working people that they must take “responsibility” for the crisis that is destroying their livelihoods by accepting deeper attacks on jobs, wages and social benefits, even as trillions of dollars in public funds are used to bail out Wall Street while its CEOs continue to draw down their seven- and eight-figure compensation packages.

I am all for taking responsibility for something that is my fault, but I refuse to take responsibility for something that was none of my doing.  Obama is asking me to do just that and I am not thrilled about it.  I do not think this is a place to begin with when trying to solve an economic crisis.

Sick Economy Will Dominate Domestic Policy

Just in case someone has been under a rock for the last year, I shall recap the crap that has us in a tether.

The U.S. economy slipped into recession in December 2007 and the 12-month slump is already the longest since the early 198Os. If it lasts more than 16 months, it will be the longest downturn since the Great Depression.

Employers have slashed 1.9 million jobs in the past four months alone. In all of 2008, 2.6 million people lost their jobs, the most since 1945.

Unemployment surged to 7.2 percent last month from 6.8 percent in November. Obama has warned the jobless rate could reach double digits.

Home foreclosures are still running at record rates and policymakers worry the housing market, at the centre of the economy’s woes, may not have found a bottom yet

Huge stock-price declines, the collapse of firms like Lehman Brothers and Bear Stearns that were once household names, and more recent turmoil at firms like Citigroup have evoked comparisons to the Great Depression.

However, in terms of the pain it may inflict on ordinary Americans, the current downturn may be more comparable to that of the early 1980s. A rise in interest rates aimed at breaking the back of crippling inflation that developed in the 1970s led to the 1980-82 weakness.

In the current downturn, economists are more worried about deflation, or falling prices, than inflation.

Obama is working with the Democratic-led Congress to craft a package of more than $775 billion (530 billion pounds) aimed at jump-starting the economy. He wants it passed by mid-February.

The plan would fund public works projects such as the construction of new roads and schools and provide incentives to promote energy efficiency. It also includes tax cuts.

Obama’s transition team has managed to persuade the Senate to release the remaining half of a $700 billion financial bailout program.

The bailout is unpopular with many lawmakers who feel too much of it has gone to financial firms with too few strings attached. Many would like to see more money go to help homeowners avoid foreclosure. Obama agrees with that goal and has pledged to restructure the rescue fund.

Obama will have to put energy into pressing foreign policy issues, such as the Gaza crisis, starting on Day One. But analysts believe some domestic priorities such as a promise to revamp the healthcare system and to devise a broad plan for addressing climate change may have to wait until the economy is stabilized.

Rewriting financial regulations will remain an important priority but many experts think significant progress on that will have to wait until later in the year as Obama concentrates on the stimulus plan and the financial bailout issue.

Now that the recap is finished–Obama has his work cut out for him….what can he accomplish in the first 100 days?  How about the first year?  Or maybe two?

Change The FED!

This week, senior officials at the Federal Reserve cited the need for further cash infusions into the weaker financial institutions, even as one of the original TARP recipients, Citigroup announced the sale of a controlling stake in its retail brokerage unit, Smith Barney, to Morgan Stanley to bolster its capital position. Citi has already gotten $45 billion in cash and a government guarantee for up to $300 billion in losses on its balance sheet. So the bank’s need for more cash doesn’t inspire much confidence that the TARP funds have been well spent.

Same plan, different day.

Ben Bernanke, chair of the Federal Reserve, has “warned” Congress that “fiscal stimulus packages,” meaning social spending and tax policies to increase purchasing power, will not be a long-term solution to the “credit crisis.” Rather, he has suggested that more extensive bank bailouts may be necessary.

Bernanke wasn’t opposing the present bailout with his remarks, but it is or should be obvious that he is still thinking in terms of reviving the financial system that he inherited from Alan Greenspan. Notably, Bernanke failed to talk about serious new regulation of the financial services industry or any serious connection between finance capital “bailouts” and the job and income security except “old time trickle down religion” which was good enough for Coolidge and Hoover, Reagan, Clinton, and the two Bush presidents.

Congress should write a new national banking act that makes the chair of the Federal Reserve directly accountable to Congress and the President and gives the President with the consent of Congress the right to remove Federal Reserve chairs. It is also time to have the Federal Reserve work in concert with the Treasury and the federal government as a whole as part of a national economic program.

Return to the drawing board and start over…remember it is time to change…then start with the Fed.

Pres. Obama’s Inaugural Speech

It is official, we have a NEW president and the nit picking has already began….so try it yourself.  This is the text of his inaugural speech.

Text of President Barack Obama‘s inaugural address on Tuesday, as delivered.

OBAMA: My fellow citizens:

I stand here today humbled by the task before us, grateful for the trust you have bestowed, mindful of the sacrifices borne by our ancestors. I thank President Bush for his service to our nation, as well as the generosity and cooperation he has shown throughout this transition.

Forty-four Americans have now taken the presidential oath. The words have been spoken during rising tides of prosperity and the still waters of peace. Yet, every so often the oath is taken amidst gathering clouds and raging storms. At these moments, America has carried on not simply because of the skill or vision of those in high office, but because we the people have remained faithful to the ideals of our forebears, and true to our founding documents.

So it has been. So it must be with this generation of Americans.

That we are in the midst of crisis is now well understood. Our nation is at war, against a far-reaching network of violence and hatred. Our economy is badly weakened, a consequence of greed and irresponsibility on the part of some, but also our collective failure to make hard choices and prepare the nation for a new age. Homes have been lost; jobs shed; businesses shuttered. Our health care is too costly; our schools fail too many; and each day brings further evidence that the ways we use energy strengthen our adversaries and threaten our planet.

These are the indicators of crisis, subject to data and statistics. Less measurable but no less profound is a sapping of confidence across our land — a nagging fear that America’s decline is inevitable, and that the next generation must lower its sights.

Today I say to you that the challenges we face are real. They are serious and they are many. They will not be met easily or in a short span of time. But know this, America — they will be met.

On this day, we gather because we have chosen hope over fear, unity of purpose over conflict and discord.

On this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and worn out dogmas, that for far too long have strangled our politics.

We remain a young nation, but in the words of Scripture, the time has come to set aside childish things. The time has come to reaffirm our enduring spirit; to choose our better history; to carry forward that precious gift, that noble idea, passed on from generation to generation: the God-given promise that all are equal, all are free and all deserve a chance to pursue their full measure of happiness.

In reaffirming the greatness of our nation, we understand that greatness is never a given. It must be earned. Our journey has never been one of shortcuts or settling for less. It has not been the path for the faint-hearted — for those who prefer leisure over work, or seek only the pleasures of riches and fame. Rather, it has been the risk-takers, the doers, the makers of things — some celebrated but more often men and women obscure in their labor, who have carried us up the long, rugged path towards prosperity and freedom.

For us, they packed up their few worldly possessions and traveled across oceans in search of a new life.

For us, they toiled in sweatshops and settled the West; endured the lash of the whip and plowed the hard earth.

For us, they fought and died, in places like Concord and Gettysburg; Normandy and Khe Sanh.

Time and again these men and women struggled and sacrificed and worked till their hands were raw so that we might live a better life. They saw America as bigger than the sum of our individual ambitions; greater than all the differences of birth or wealth or faction.

This is the journey we continue today. We remain the most prosperous, powerful nation on Earth. Our workers are no less productive than when this crisis began. Our minds are no less inventive, our goods and services no less needed than they were last week or last month or last year. Our capacity remains undiminished. But our time of standing pat, of protecting narrow interests and putting off unpleasant decisions — that time has surely passed. Starting today, we must pick ourselves up, dust ourselves off, and begin again the work of remaking America.

For everywhere we look, there is work to be done. The state of the economy calls for action, bold and swift, and we will act — not only to create new jobs, but to lay a new foundation for growth. We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. We will restore science to its rightful place, and wield technology’s wonders to raise health care’s quality and lower its cost. We will harness the sun and the winds and the soil to fuel our cars and run our factories. And we will transform our schools and colleges and universities to meet the demands of a new age. All this we can do. All this we will do.

Now, there are some who question the scale of our ambitions — who suggest that our system cannot tolerate too many big plans. Their memories are short. For they have forgotten what this country has already done; what free men and women can achieve when imagination is joined to common purpose, and necessity to courage.

What the cynics fail to understand is that the ground has shifted beneath them — that the stale political arguments that have consumed us for so long no longer apply. The question we ask today is not whether our government is too big or too small, but whether it works — whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified. Where the answer is yes, we intend to move forward. Where the answer is no, programs will end. Those of us who manage the public’s dollars will be held to account — to spend wisely, reform bad habits, and do our business in the light of day — because only then can we restore the vital trust between a people and their government.

Nor is the question before us whether the market is a force for good or ill. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control — and that a nation cannot prosper long when it favors only the prosperous. The success of our economy has always depended not just on the size of our gross domestic product, but on the reach of our prosperity; on our ability to extend opportunity to every willing heart — not out of charity, but because it is the surest route to our common good.

As for our common defense, we reject as false the choice between our safety and our ideals. Our founding fathers … our found fathers, faced with perils we can scarcely imagine, drafted a charter to assure the rule of law and the rights of man, a charter expanded by the blood of generations. Those ideals still light the world, and we will not give them up for expedience’s sake. And so to all the other peoples and governments who are watching today, from the grandest capitals to the small village where my father was born: know that America is a friend of each nation and every man, woman, and child who seeks a future of peace and dignity, and that we are ready to lead once more.

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

We are the keepers of this legacy. Guided by these principles once more, we can meet those new threats that demand even greater effort — even greater cooperation and understanding between nations. We will begin to responsibly leave Iraq to its people, and forge a hard-earned peace in Afghanistan. With old friends and former foes, we will work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet. We will not apologize for our way of life, nor will we waver in its defense, and for those who seek to advance their aims by inducing terror and slaughtering innocents, we say to you now that our spirit is stronger and cannot be broken; you cannot outlast us, and we will defeat you.

For we know that our patchwork heritage is a strength, not a weakness. We are a nation of Christians and Muslims, Jews and Hindus — and non-believers. We are shaped by every language and culture, drawn from every end of this Earth; and because we have tasted the bitter swill of civil war and segregation, and emerged from that dark chapter stronger and more united, we cannot help but believe that the old hatreds shall someday pass; that the lines of tribe shall soon dissolve; that as the world grows smaller, our common humanity shall reveal itself; and that America must play its role in ushering in a new era of peace.

To the Muslim world, we seek a new way forward, based on mutual interest and mutual respect. To those leaders around the globe who seek to sow conflict, or blame their society’s ills on the West — know that your people will judge you on what you can build, not what you destroy. To those who cling to power through corruption and deceit and the silencing of dissent, know that you are on the wrong side of history; but that we will extend a hand if you are willing to unclench your fist.

To the people of poor nations, we pledge to work alongside you to make your farms flourish and let clean waters flow; to nourish starved bodies and feed hungry minds. And to those nations like ours that enjoy relative plenty, we say we can no longer afford indifference to the suffering outside our borders; nor can we consume the world’s resources without regard to effect. For the world has changed, and we must change with it.

As we consider the road that unfolds before us, we remember with humble gratitude those brave Americans who, at this very hour, patrol far-off deserts and distant mountains. They have something to tell us, just as the fallen heroes who lie in Arlington whisper through the ages. We honor them not only because they are guardians of our liberty, but because they embody the spirit of service; a willingness to find meaning in something greater than themselves. And yet, at this moment — a moment that will define a generation — it is precisely this spirit that must inhabit us all.

For as much as government can do and must do, it is ultimately the faith and determination of the American people upon which this nation relies. It is the kindness to take in a stranger when the levees break, the selflessness of workers who would rather cut their hours than see a friend lose their job which sees us through our darkest hours. It is the firefighter’s courage to storm a stairway filled with smoke, but also a parent’s willingness to nurture a child, that finally decides our fate.

Our challenges may be new. The instruments with which we meet them may be new. But those values upon which our success depends — hard work and honesty, courage and fair play, tolerance and curiosity, loyalty and patriotism — these things are old. These things are true. They have been the quiet force of progress throughout our history. What is demanded then is a return to these truths. What is required of us now is a new era of responsibility — a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that we do not grudgingly accept but rather seize gladly, firm in the knowledge that there is nothing so satisfying to the spirit, so defining of our character, than giving our all to a difficult task.

This is the price and the promise of citizenship.

This is the source of our confidence — the knowledge that God calls on us to shape an uncertain destiny.

This is the meaning of our liberty and our creed — why men and women and children of every race and every faith can join in celebration across this magnificent Mall, and why a man whose father less than sixty years ago might not have been served at a local restaurant can now stand before you to take a most sacred oath.

So let us mark this day with remembrance, of who we are and how far we have traveled. In the year of America’s birth, in the coldest of months, a small band of patriots huddled by dying campfires on the shores of an icy river. The capital was abandoned. The enemy was advancing. The snow was stained with blood. At a moment when the outcome of our revolution was most in doubt, the father of our nation ordered these words be read to the people:

“Let it be told to the future world … that in the depth of winter, when nothing but hope and virtue could survive…that the city and the country, alarmed at one common danger, came forth to meet (it).”

America, in the face of our common dangers, in this winter of our hardship, let us remember these timeless words. With hope and virtue, let us brave once more the icy currents, and endure what storms may come. Let it be said by our children’s children that when we were tested we refused to let this journey end, that we did not turn back nor did we falter; and with eyes fixed on the horizon and God’s grace upon us, we carried forth that great gift of freedom and delivered it safely to future generations.

Thank you. God bless you. And God bless the United States of America.