Latest Inauguration News 
From The RightThe President explains his plan to address one of the major causes of the current economic crisis - the breakdown of oversight leading to widespread abuses in the financial world.
The new Consumer Financial Protection Agency will have the sole job of looking out for the financial interests of ordinary Americans by banning unfair practices and enforcing the rules.
This is a cornerstone in Americas new economic foundation.
The President has long noted that skyrocketing health care costs will be disastrous for our long term national debt unless we pass real reform.
In this Weekly Address, the President also explains how he will cover the upfront costs of reform by eliminating overpayments to Medicaid and Medicare and driving down costs contributing to governments health care expenditures across the board.
Recently Michelle Obama went to serve food to the homeless at a government funded soup kitchen.
Cost of a bowl of soup at homeless shelter $0.00 dollars
Having Michelle Obama Serve you your soup $0.00 dollars
Snapping a picture of a homeless person who is receiving government funded meal while taking a picture of the first lady using his $500 Black Berry cell phone $$$$ Priceless
The President discusses the breadth and depth of experience held by his nominee for the Supreme Court.
In the course of a life that began in a housing project in the South Bronx and brought her to the pinnacle of her profession, Judge Sonia Sotomayor accumulated more experience on the federal bench than any incoming Supreme Court Justice in the past 100 years, touching nearly every aspect of our legal system. May 30, 2009.
This week the President recaps a busy week, from strides on fiscal discipline, to financial stability, to cracking down on tax havens and tax breaks for shifting jobs overseas.
For his next big step, he calls for a credit card reform bill: “Americans know that they have a responsibility to live within their means and pay what they owe.
But they also have a right to not get ripped off by the sudden rate hikes, unfair penalties, and hidden fees that have become all-too common in our credit card industry.” Watch Your Weekly Address to find out what he plans to do about it.
This week the President reiterates a theme that has been a hallmark of his career, namely that “old habits and stale thinking” will simply not help us solve the new and immense problems our country faces.
Listing off several specific changes he intends to bring, he describes his guiding principle: “To help build a new foundation for the 21st century, we need to reform our government so that it is more efficient, more transparent, and more creative.”
With the process of going through the budget line by line in full swing, the President uses his Weekly Address to give some examples, big and small, of how the Administration is working to cut costs and eliminate waste.
The President also announces two new key appointments, Jeffrey Zients as Chief Performance Officer and Aneesh Chopra as Chief Technology Officer, who will be invaluable in streamlining the way government functions through efficiency and innovation. April 18, 2009.