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Archive for the ‘Economy’ Category

President Obama in Maryland: “We Have to Do More to Accelerate This Recovery”

written on October 30th, 2010 with no comments


TRANSCRIPT
The White House

Office of the Press Secretary
For Immediate Release
October 29, 2010
Remarks by the President on the Economy in Beltsville, Maryland
Stromberg Metal Works, Beltsville, Maryland

11:42 A.M. EDT

THE PRESIDENT: Hello, everybody. (Applause.) Good to see you. Thank you. Thank you so much. Everybody, please have a seat. It is wonderful to be here at Stromberg Metal Works. And I want to thank Bob Gawne and his lovely bride of 58 years, Patricia, for their incredible hospitality.

I also want to note that you’ve got your great senator from the state of Maryland, Ben Cardin, in the house. Give him a big round of applause. (Applause.) Your other senator, Barbara Mikulski, couldn’t make it but wanted me to say hello on her behalf, as well as Majority Leader Steny Hoyer, who couldn’t make it but wants to say hello as well. And I know they are all incredibly proud of this amazing facility.

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President Obama – Small Business and the Economy, Rhode Island

written on October 25th, 2010 with no comments


President Obama speaks about the key role small business plays in moving the American economy forward and the steps his Administration has taken to help small businesses grow and hire new workers during a visit to Woonsocket, RI.

TRANSCRIPT
Remarks by the President on Small Businesses and the Economy in Woonsocket, Rhode Island
American Cord & Webbing Co., Inc., Woonsocket, Rhode Island

4:53 P.M. EDT

THE PRESIDENT: Thank you very much. Thank you. Thanks so much. Please, everybody have a seat.

It is just wonderful to be at American Cord and Webbing. And thank you — I just saw all the great work that’s being done here. I want to acknowledge a few friends here in the first row. First of all, your outstanding senior senator Jack Reed. We’re so proud of him. (Applause.) And your equally outstanding junior senator, Sheldon Whitehouse is here. (Applause.) My dear friend, Congressman Patrick Kennedy. (Applause.) And I want to just say right now, Providence mayor Dave Cicilline soon could have another job. (Applause.) Congressman Jim Langevin is just a great friend and an inspiration to all of us. (Applause.) We’ve got Woonsocket mayor Leo Fontaine is here. Where’s Mr. Mayor? There he is, right there. (Applause.) And of course somebody all of you know, Mark Krauss. Where’s Mark? (Applause.) And Ray Velino, right here. (Applause.)

You guys are pretty popular. (Laughter.) That’s nice.

It is great to be here in Rhode Island, and it is great to be here at American Cord and Webbing. I just had a chance to take a quick tour and see the outstanding work that so many of the workers are doing here. These guys make webbing, cords, buckles, plastic and metal hardware for sporting goods, outdoor goods, travel gear. They are also making customized leashes for Bo — (laughter) — that I am very proud of, and it is clear that they take enormous pride in what they do.

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President Obama – Weekly Address: Letting Wall Street Run Wild Again

written on October 23rd, 2010 with no comments


The President hones in on the passage of Wall Street Reform over the ferocious lobbying of Wall Street banks as a pivotal moment in the last two years, and condemns Republicans in Congress for vowing to repeal it.

TRANSCRIPT
The White House

Office of the Press Secretary
For Immediate Release
October 23, 2010
Weekly Address: Warns of GOP Efforts to Repeal Wall Street Reform – Including Foreclosure Protections

WASHINGTON – In this week’s address, President Obama called out the Republican leadership in Congress for vowing to repeal Wall Street reform, which will protect Americans from unfair practices in mortgage transactions and foreclosures. The Wall Street reform law also set new rules so that taxpayers will never again be on the hook for a bailout if a big financial company goes under, helps rein in the secret deals and reckless gambling that nearly brought the financial system down, and set up the strongest consumer protections in history. The special interests fought hard against reform, spending millions to preserve a system that worked better for them than for middle class families. And now, the GOP leadership is calling for repealing this law and that would take the country backwards.

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President Obama Addresses The Economy and the American Family in Columbus, Ohio

written on October 18th, 2010 with no comments


President Obama holds a discussion on the economy with local families in the backyard of the Weithman family in Columbus, Ohio.

TRANSCRIPT
The White House

Office of the Press Secretary
For Immediate Release
August 18, 2010
Remarks by the President at a Discussion with Ohio Families on the Economy
Private Residence

Columbus, Ohio

10:47 A.M. EDT

THE PRESIDENT: Well, I am — I’m just thrilled to be here. And I want to thank Joe and Rhonda and the entire family for being such great hosts. And I want to thank all of you for taking the time to be here.

I see the mayor of Columbus is here, a great friend. Somebody who’s going to be running and I hope winning for the U.S. Senate, Lee Fisher is here. And Mary Jo Kilroy is here. We’ve got one of the best senators I believe in the United States Senate in Sherrod Brown — is here. And one of the finest governors in the country, Ted Strickland, is here. So give those folks a big round of applause. (Applause.)

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President Obama Speaks on New GDP Numbers

written on July 31st, 2009 with no comments

The President gives a statement on new GDP numbers, which exceeded expectations. July 31, 2009.

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