A year ago today, the investment banking firm Lehman Brothers collapsed, contributing to what many say was the beginning of the U.S. financial crisis. Speaking on New York’s Wall Street – commonly referred to as America’s financial capital - President Obama said while there have been economic improvements over the past year, “the work of recovery continues.”
The president called on Wall Street to support new regulations that would protect consumers and hold financial firms more accountable so that future financial crises could be avoided.
“While there continues to be a need for government involvement to stabilize the financial system, that necessity is waning,” Obama said. “But here’s what I want to emphasize today: Normalcy cannot lead to complacency.”
An interesting side note – President Obama gave his speech at Federal Hall – the same place where America’s first president, George Washington, was inaugurated. A transcript of the president’s speech is available on the White House Web site.
Comments (12)
heavenman
14 September 2009 at 21:26 EDT
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Now capitalism will go bankrupt.
New system will come.
New system is humanism.
The core of humanism is mankind.
Mankind is a system the master becoming.
Mankind is a system God becoming.
It is a system mankind getting out of a slave of thoughts.
It is a system mankind getting out of a slave of an ideology.
It is a system mankind getting out of a slave of a religion.
Humanism will make globe peace.
humanism times will be just the gold times the humanism times.
When it knows that mankind all are the only, it is an opening of humanism.
and…..
Capitalism disappears immediately.
This is intention of God.
Is mankind a slave of money?
No. Mankind is the master of the universe.
You must know this.
You aren’t the trifling existence living to earth star in the universe.
You are the existence noblest in the universe.
You are the everlasting existence that you are living eternally.
Your root is just this.
Really you are the great existence in the universe.
Currently mankind is studying this great truth.
Capitalism to be made from you to a slave will be disappear.
Mankind will start humanism.
And mankind will become is the only.
thanks.
r
16 September 2009 at 02:14 EDT
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“On Zero plus Absolute Material Power as the Ruler of all life”
I have been drawn on the above heading for life of nations to know, “when a being such as I have been attains the inherent selfless glory in his capacity as the Non Being in Krishna Power through the Consciousness of Krishna Power of its Seed value of Time in the Timeless Power, he finally attains to the Zero plus Absolute Material Power platform as the Ruler of all life meaning self exposed in material terms for life – well, that is what I am now in my naked state of money in life representing the material state of this world on me; nothing to be ashamed of by the material world as on date because this ultimate step had stood in my destiny to acquire eventually and I am happy to say that I have acquired it finally after much physical hardship of my body mind and soul all put together that realized Krishna performing me with all its zeal and Power on it”.
My being in life is therefore the complete Being Krishna of its Zero plus Material Power. Thank God I have an open material channel in Obama to relate this for the world at large with my base of operation in India for it because according to the designs Formless of God or the Absolute Divine, India had traditionally stood for Krishna of Its over Mind state of the past.
The Essence of Sri Aurobindo and the French Mother of Pondicherry in India of their works of Essence had to materialize in fetching the next step of Krishna through me by using the quality of departed soul of my father for my psyche in becoming with the chance element that had come to be held directly by the Power of the Supreme Light of Lights of Its permanent Experience state in the Krishna Power of Krishna Consciousness to which the physical in me and physical of me was made to acquire through the inherent Cosmic power of gems individually and in combinations to acquire Subtle Powers of Godheads in Power to which my ordinary being was Supra mentally guided in meta physical terms.
Remember, gems become living moments only under the Supra mental Consciousness and not otherwise; otherwise, they can be just worn for fashion or on prescriptions under faith for healing depending upon the nature of the bodies of their Swabhava (meaning quality of their temperament) responding to them. There is no hard or fast perfect science on gems that can be called science except on the analysis of their physical properties for Industrial applications as are already been carried in material terms of their wealth and possession. I had to bring all this briefly on myself to highlight myself of what I am today. So that is that —-.
Now by Zero plus Absolute Material Power, I mean the Supra mental of its status standing over all life and that is where the extra ordinary of life through governance requires accepting the ordinary material of my nearly zero state into money and life material. In this communication, the Supra mental of its Status is addressing the country America through Obama because Supra mental Consciousness in me considers America imbedded with strong human values and I am not wrong in stating that. Thanks to Obama who has as a child risen as the ordinary to its present height of attainment that speaks a lot in both spiritual and human terms for life overall according to the Supra mental. There are lessons for all to follow through him on the conditioned dynastic of America that has already acknowledged Mahatma for its land. American peoples chosen verdict had stood for that in an outstanding way under the chance element for America and the world at large and in the next few years the world of life would certainly be impacted with change because it happens to be coming from a powerful materially rich country of its basic human norms turning on the past evolution of scars into a new era of life that is expected to achieve harmony and global peace. The famous English saying goes “pleasure lies in tasting a fruit” – so let us create that fruit first and then eat it. God bless this communication and God bless all.
heavenman
16 September 2009 at 19:44 EDT
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Thank you for your reply.
[ Spirit and mind ]
Five fingers are the source of the palm of your hand.
Therefore humanity is an emotional one.
Mind is the root of the material world.
Mind creates war and violence.
Mind is the devil.
Your mind makes you a slave.
Spirit is the root of the heaven.
Spirit creates peace.
Spirit is God, or the origin of the universe.
Your spirit is still with the center of the storm.
Your spirit is my spirit.
Your spirit and my spirit is God.
So you and i is God.
So we are one mentally.
Therefore, we give up a mind, and you must find a spirit.
Your mind is the distinction and comparison.
Your spirit think one.
thanks
Used RVs
Location: USA
15 September 2009 at 04:42 EDT
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Yeah…. definitely Obama will create a huge revolution in the recovery section as well. He is well understood with the necessities of the nation that what sector should grow…
http://www.discoverautomobiles.com/rv/rv_type_model.php?MID=GMC
Prof.Moses Isaac ODHIAMBO
15 September 2009 at 15:41 EDT
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-President OBAMA s -Marvellous work produced in a short time.- Very commendable economic recovery.
Which WORLD LEADER could perform it within seven months not yet born in the humankind history see the encyclopidia dictionary-none but OBAMA.
-Eleanor Roosevelt once said
“No one can make you feel inferior without your consent.”
-Robert Louis Stevenson, once said, “Don’t judge each day by the harvest you reap, but by the seeds you plant.”
- Leon Benjamin, one, said,”Winning by Sharing”
- This is the time of ECONOMIC RECOVERY but with LEGAL ECONOMIC RULES.the way President OBAMA s Administration is doing..
I think some folks are having a MISCONCEPTION of CAPITALISM it is a GAME of free enterprise MODELING in an OPEN POLICY MARKET in democratic governance of our society but not in a broker football stadium full of rowdy fans with no laws to govern them. This is WORLD of CHANGE, generally after great wars you must see which econometric models suit you better as a LEADER of GREAT NATION.
Often we allow ourselves to be upset by small economic models, while we send bundles of money to yankees abroad in the deserts. We should despise and forget. We lose many irreplaceable hours of thinking of BETTER PEACEFUL WORLD over simple soul healing grievances that, in a year’s time, will be forgotten by us and by everybody. Now, let us devote our life to worthwhile HEALTH-CARE REFORM RECOVERY -actions and feelings, to great thoughts, real affections and enduring THE CONTRIBUTIONS OF MUNDELL AND J. MARCUS FLEMING THEORIES to exemplify the most successful interactions of method and subject. of economic recovery undertakings.
By emerging KEYNESIAN PRICING MODELS and International market segmentation with simple yet illuminating model OBAMA can provide succinct fundamental template for the much subsequent awaited economic recovery in both significant practical policy and in HEALTH-CARE. REFORM standard deviations.
-PROF. MOSES ISAAC ODHIAMBO
nick j.
Location: phx arizona usa
15 September 2009 at 16:40 EDT
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I did vote for obama and I know obama will get us through this mess .
good luck to you mr. presdient obama .
Jake the snake
Location: oakland calif. usa
15 September 2009 at 17:05 EDT
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It’s about time we americans need to learn how to control our money and how we sholud spend it very carefully. Americans are buying less and that means more and more layoff’s and shuting down or close down business.
well it’s about time.
r
17 September 2009 at 04:35 EDT
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How to Build a Democracy
• By Michelle Austein Brooks, 11 September 2009
“Which came first – the chicken or the egg?”
It’s a question that many say has no right answer. A chicken lays an egg, but an egg hatches a chicken. They are intrinsically connected.
Let’s say you are creating a new country, and you want it to be a democratic one. What do you do first? You’re going to need some leaders who respect the will of the people. Institutions are necessary too – like a judiciary. Some processes – from the complex ones like tax collecting to the mundane like garbage collection – will have to be established.
I have been thinking a lot lately about how a new government is formed because later this month I will be travelling to some of the world’s youngest democracies – Bosnia and Herzegovina, Serbia and Kosovo. The United States has built its system of governance over hundreds of years, and as Secretary of State Hillary Clinton has said before, it “is still not perfect.”
All this makes me think that building a democracy must be one of the world’s toughest tasks. So while you may never have a perfect democracy, one has to start from somewhere. What does a new democracy need in order to thrive?
_________________________________________________________________________________________________
Democracies are not built but they evolve within the parameters of governance of country placed in environments that are never the same for peoples of the world all over and that we come to call conditioning of environments localized.
When such a conditioning is received by one or all of countries of the world in respective terms of governance by their executive leaders under analysis for analysis that the problems come – why?
That is because where integral unification on democracies is seen by leaders of one or more nations of its nucleus state offering health for others to follow, there obviously would grow uncalled reaction of the people on it because of the past conditioning of environments that the limited faculty of peoples mind would refuse to accept as new rather would come to stand as negative against it for the positive of the nucleus of democracy that able leaders of their statesman like qualities would like to establish and evolve above the faculties of localized politics on it THAT checks the universality of the nucleus of democracy from taking its forms.
Now on the question, which came first “the chicken or the egg”? Well, this is a question related with life qualifying the word “First” and my simple answer to that would be “Life out of the Infinite seed first” that gave birth to relativity as time in Time for Life to biologically evolve with a self generating aspect of the Infinite Seed for life. And that neutralizes the question on the chicken or the egg of it.
The Real Idea of my conveying such an answer is to shun speculation when the answer in relative terms already stands that they are intrinsically linked and that calls for instinctive relative biological research on biological evolution of its Infinite Seed first?
Let us enjoy eating both the eggs and the chicken as food and thank God for it. This comment is not meant for vegetarians.
Therefore, to elaborate on the above mentioned text, I would say under the circle of Life, no democratic system can be called perfect because perfection evolves out of imperfection that relative time in Time comes to regard as wisdom and Wisdom’s ultimate house is the Universality that comes to be held of its unconscious state by the Infinite Seed of life that is behind Life of its state of Light as Consciousness of life. I am sure Ex President of America George W Bush would certainly acknowledge this.
It is not the question of system “still not perfect” because a system already delivering stands of its state of imperfection for perfection within one’s self who attempts a change to suit the times where universality of it also comes in to reckon and that change to many in a conditioned environment in convenience appears socialistic without truly understanding the meaning of socialistic pattern of societies I am sure George W Bush would rightly understand this also.
Can American people regard themselves outside their own socialistic pattern of society that they have been used to of their single pattern of convenience all along under governance? - The very fact that governance of the past kept absorbing it does not mean it has to remain perpetual with it I mean If George W Bush was the continuing President I am sure he would have accepted this also for himself – that is because he saw himself basically sincere and straight on the job according to times and I have a democratic right to agree with that straightaway?
Corrections to governance are required at some stage and those unfortunately had to come into the account of African President Obama on which the ex moderate President Jimmy Carter has very rightly analyzed seeing Obama becoming a racial victim. Well, it is like the English hen laying eggs continuously in comparison to a Desi Indian hen that gets concerned in hatching her chicks out of the eggs she lays for consumption and thereafter secretly at some convenient place for the purpose indicating to the consumers of eggs that she has finished laying eggs? .
So you see there are examples in nature available to discriminate and draw universality of essence out of them as wisdom. Here, I would say and repeat as I had once said color of the skin has nothing to do with wisdom and it the wisdom that can play from both white and black equally and the question remains on the transition of it by nature that Nature of the Infinite Seed of life picks on for the unconscious state of life to become with it diligently transcending what is seen as improper because the governing power of the land cannot remain in a continuous state of its sleep at the cost of life overall that is precious for all in humanity.
America today is vibrant because of its land and not because of its governments that have been of excellence as cover unique for its peoples and that even now stands and for which Obama with his timely stitch on the sudden dwindling state of economy had to act extraordinarily to reinstate the rails of economy and even now continuing to do so on other fronts also directly and indirectly connected to the economy.
The wise indirect judgment on Obama has been shown by Jimmy carter to bell the cat out of the bag for the people of America to understand. This is just a comment I wanted to make for those who are in a state of becoming over their charisma that never remains static at one place for all times to come. They change and so does life change that regards no barriers standing in its way inappropriately with prejudice of any kind because life’s main base of progress is Selflessness.
In the end, I would thank Michelle who has helped me build this communication that I would like to place under the title “The work of recovery continues” and wish her well on analysis of the young new democracies of the world. Thank you all.
Daniel Anthony Udo
Location: Lagos State - Nigeria
17 September 2009 at 12:12 EDT
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Am so happy in supporting Obama in a presidency site. I was searching for student loan on the web fortunately i link to Obama Todat/Following Barack Obama/Blog Archive “The work of Recovery Continue. So, to add my comment to Obama, I siad may Almighty Father who creat heaven and earth grand you knowledge and understanding to rule your people in peace, as He grand Solomon on his king site to ruled the Children of Isreal. your highness Obama.
Daniel Anthony from Nigeria.
diorka reyes castro
Location: la romana
21 September 2009 at 22:50 EDT
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mi comentario es no todos que solicitamos visa no que remos quedar en su bello pais yo solicite visa y hable solo la verdad por soy cristiana y no me interesa que darme estudio ahora en ingles por inmencion en la romana y solicite 4 dias no pudo salir por mas dias solo fin de semana y me negaron es al cumple año mi padre de criansa no deseo que darme en su pais y no me pienso casar para solicitar visa grasias
James Baker
Location: Spain
5 October 2009 at 13:57 EDT
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I like Obama well enough and it’s unfair to expect his policies alone to lift America (and the World) out of recession but talk of “normalcy” and “recovery” are premature. My feeling is that the government bail-outs and deficits are storing up trouble for the future without getting to the heart of the problem: an economy grown too reliant on debt-financed spending (whether by people or lately by government). My expanded opinion on the topic of US economic recovery is in this essay:
http://hubpages.com/hub/Peak-America-an-economy-in-irreversible-decline
Un braso de Espana (a hug from Spain)!
erin
Location: usa
15 September 2009 at 17:34 EDT
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no it will never happen cowboy willie
PEACE and GOOD to ALL americans
and the rest of the world .
” PEACE 4 EVER N EVER “