“It’s always good to get out of Washington for a little while” (Town Hall meeting, Costa Mesa, CA)

White House web site ^ | Wednesday, March 18th, 2009 at 8:03 pm

[cc2k]

Wednesday, March 18th, 2009 at 8:03 pm

“It’s always good to get out of Washington for a little while”

The President just finished up in Costa Mesa, California holding a town hall with local residents, telling them "It’s always good to get out of Washington for a little while and come to places like Costa Mesa – because the climate’s a lot nicer and so is the conversation."

He started off talking about the AIG bonuses that have been dominating the news:

“I know a lot of you are outraged about this. I’m outraged, too. It’s hard to understand that a company that is relying on extraordinary assistance from taxpayers to keep its doors open would be paying anyone lavish bonuses.  It goes against our most basic sense of what is fair and what is right. It offends our values.

“But these bonuses, outrageous as they are, are a symptom of a much larger problem. And that is the system and culture that made them possible – a culture where people made enormous sums for taking irresponsible risks that have now put the whole economy at risk. So we are going to do everything we can to deal with these specific bonuses. But what’s just as important is that we make sure we don’t find ourselves in this situation again, where taxpayers are on the hook for losses in bad times and all the wealth generated in good times goes to those at the very top.

“That is the kind of ethic we’ve had for too long. That is the kind of approach that led us into this mess. And that is something we have to change if we’re truly going to turn our economy around and move this country forward.”

He went on to talk about the Recovery Act, the budget, and the economy at large

“You know what I’m talking about.  I don’t need to tell you these are challenging times. I don’t need to tell you this because you’re living it every day. One out of every ten Californians is out of work. You’ve got one of the highest foreclosure rates in the nation. And budget cuts are threatening the jobs of thousands of teachers across this state. But here’s what I want you to know: we are not only going to make it through this crisis, we are going to come out on the other side a stronger and more prosperous nation. I can’t tell you how long it will take or what obstacles we will face along the way, but I can promise you this – there will be brighter days ahead.

“We’re already seeing signs of progress. Because of the Recovery Act that your two outstanding senators, Senator Feinstein and Senator Boxer worked so hard to pass and that I signed into law the other week, a new hospital will be built at Camp Pendleton that will give our servicemen and women the care they deserve. Over in Inglewood, the police department is planning to expand its staff by thirty people. And Orange County is hoping to add a new lane on SR-91, creating about 2,000 jobs, and easing congestion in the process. These are just a few of the 396,000 jobs we will create or save in California – and the 3.5 million jobs we will create or save across America – over the next two years.”

During the Q&A portion of the town hall he assured the people of Costa Mesa that their concerns about their educational system would be met with real investments in his budget. He expressed support for the idea that the banks and companies bilking people on credit cards should be put in check by a credit card holders’ bill of rights. He explained why he’s had to go against his own gut and everybody else’s to help prevent banks from failing even when it was due to their own irresponsibility because of the cascading financial disasters that would ensue without action. He closed on the auto industry, talking to one out-of-work auto worker about how the future will belong to the companies that master the next big advances in fuel efficiency.

It was the kind of conversation that’s hard to find inside Washington, look for more like this from the President and his Administration.

[cc2k]

More focus on the AIG diversion.

This is the focus of this week's "Two Minutes' Hate."

It's a diversion. I've tried to keep my eyes open and see what they are trying to sneak by with this diversionary cover. Let's be vigilant and keep our eyes open. The AIG bonuses were known for months. I suspect they want us focused on that so they can do something without us noticing.

[LibLieSlayer]

They are trying to hide the billions the aig deal funneled to european banks... graft and payback... Rush said it was over 100 BILLION DOLLARS!

LLS

[angelcindy]

stay out!

[utahagen]

You're right: AIG is a diversion. Further, Geithner is a mini-diversion. The real story is Obama, the European Socialist, stealing our freedoms and our free markets out from under us.

[angelcindy]

oh obama thinks hes still campaining

[vamoose]

If you can't stand the heat, get out of the kitchen. - Harry Truman

It’s always good to get out of Washington for a little while - Barack 0bama

Methinks 0 cannot stand the heat.

[Bahbah]

oh obama thinks hes still campaining

It's all he knows. And this country is in big trouble.

[ProtectOurFreedom]

It was the kind of conversation that’s hard to find inside Washington, look for more like this from the President and his Administration.

-- White House web site

Don't hurt your arm patting yourself on the back, you scumbag.

[Mad_Tom_Rackham]

They are trying to hide the billions the aig deal funneled to european banks... graft and payback... Rush said it was over 100 BILLION DOLLARS!

Can't let the sheeple become worried about things like that. After all, they can only handle so much, so it's best to stick with the "Bread and Circuses" theme.

[ProtectOurFreedom]

... a new hospital will be built at Camp Pendleton that will give our servicemen and women the care they deserve.

I'll bet it has an efficient billing & collection system, too. Gotta hit those servicemen with the bills for their medical care. No socialized medicine for them.

[originalbuckeye]

Me, too! I am waiting for the Friday document dump to determine what zero is trying to hide. Obfuscation is his MO when he is trying to sneak something ridiculous past the public.

[Yaelle]

He flew right over us twice. 5 - count ‘em - military helicopters in a row.

[vidbizz]

The the “f! This guy travels & parties around so much. Wasn’t he just in Chicago? St. Pats party yesterday. Now Costa Mesa, then Friday LA for Leno. Tues on TV AGAIN.
Wednesday night conga line parties.
When does he have time to do anything?

Yea, he wants to party like a rock star. He’s got his peeps, a pimped up crib, cool wheels & planes. All he needs is some grillz.

When Bush went on vacation twice in one year, the MSM would foam at the mouth.

[lowbridge]

The President just finished up in Costa Mesa, California holding a town hall with local residents

The President just finished up in Costa Mesa, California holding a town hall with local residents hand picked shills

Fixed for accuracy.

[lonewacko_dot_com]

How do you know they were “hand-picked shills”? Were you there? Did you try to get tickets and were refused? Did you try to ask a question and were refused? If so, that could be a big story, so please tell us all about it.

P.S. As long as everyone thinks anyone who attends those events and gets to ask questions is just a shill, the only people who get to ask him questions will be... shills and people like Julio.

OTOH, if someone had actually waited in line and gotten tickets and asked the question I posted here about 9 hours before the tickets were given out, they could have greatly embarrassed him in a way that would cost him support. But, apparently that’s asking too much.

[airborne]

How do you know they were “hand-picked shills”? Were you there? Did you try to get tickets and were refused? Did you try to ask a question and were refused? If so, that could be a big story, so please tell us all about it.

Do you know? Did you wait in line? Do you have anything of use to add besides rudeness? Because if you have some relevant information on the people there, we'd all like to know.

[cc2k]

For those who noted that Obama is still campaigning, note where this transcript was posted.

Here's the remarks prepared for this "town hall meeting" (and probably loaded into Pres__ent Obama's Teleprompter)

Presidents Remarks from http://my.barackobama.com/page/community/post/obamaforamerica/gGx55X

Remarks of President Barack Obama
(As Prepared for Delivery)
Costa Mesa Town Hall

Wednesday, March 18th, 2009
Orange Country, CA

It’s always good to get out of Washington for a little while and come to places like Costa Mesa – because the climate’s a lot nicer and so is the conversation. So I’m looking forward to taking your questions in a few minutes and talking with you about your concerns.

Before I do, I want to say a few words about the AIG bonuses you’ve been hearing about. I know a lot of you are outraged about this. I’m outraged, too. It’s hard to understand that a company that is relying on extraordinary assistance from taxpayers to keep its doors open would be paying anyone lavish bonuses.  It goes against our most basic sense of what is fair and what is right. It offends our values.

But these bonuses, outrageous as they are, are a symptom of a much larger problem. And that is the system and culture that made them possible – a culture where people made enormous sums for taking irresponsible risks that have now put the whole economy at risk. So we are going to do everything we can to deal with these specific bonuses. But what’s just as important is that we make sure we don’t find ourselves in this situation again, where taxpayers are on the hook for losses in bad times and all the wealth generated in good times goes to those at the very top.

That is the kind of ethic we’ve had for too long. That is the kind of approach that led us into this mess. And that is something we have to change if we’re truly going to turn our economy around and move this country forward.

So I am absolutely committed to ensuring that we have the tools we need to prevent the kinds of abuses that sent AIG spiraling. And I am also committed to ensuring that if we ever do have to intervene again to prevent a bankruptcy that could be catastrophic for the whole financial system, we will have some of the tools that a bankruptcy judge has to help renegotiate contracts; to sell off insolvent parts of an institution and protect healthy parts; and to protect depositors, creditors, and other consumers.

We also want to do this because it serves the most important goal we have today, which is to rebuild our economy in a way that is consistent with our values – an economy that rewards hard work and responsibility, not high-flying finance schemes; an economy that is built on a strong foundation, but not one that’s propelled by overheated housing markets and maxed-out credit cards.  In other words, we want to build an economy that offers prosperity for the long-run, not the bubble-and-burst economy we’ve experienced in recent years, where a relative few do spectacularly well while the middle class loses ground.

You know what I’m talking about.  I don’t need to tell you these are challenging times. I don’t need to tell you this because you’re living it every day. One out of every ten Californians is out of work. You’ve got one of the highest foreclosure rates in the nation. And budget cuts are threatening the jobs of thousands of teachers across this state. But here’s what I want you to know: we are not only going to make it through this crisis, we are going to come out on the other side a stronger and more prosperous nation. I can’t tell you how long it will take or what obstacles we will face along the way, but I can promise you this – there will be brighter days ahead.

We’re already seeing signs of progress. Because of the Recovery Act that your two outstanding senators, Senator Feinstein and Senator Boxer worked so hard to pass and that I signed into law the other week, a new hospital will be built at Camp Pendleton that will give our servicemen and women the care they deserve. Over in Inglewood, the police department is planning to expand its staff by thirty people. And Orange County is hoping to add a new lane on SR-91, creating about 2,000 jobs, and easing congestion in the process. These are just a few of the 396,000 jobs we will create or save in California – and the 3.5 million jobs we will create or save across America – over the next two years.

We are also taking unprecedented steps to unlock our frozen credit markets so families can get the loans they need to buy a home or a car; and businesses can pay for inventory or make payroll. That’s why earlier this week, we took a sweeping step to free up loans for entrepreneurs, helping them start and grow the small businesses that employ half our private sector workers. That’s why we are creating a fund that will help support up to $1 trillion in loans, including auto loans and college loans. And that’s why we’ve launched a housing plan that will help responsible homeowners save money by refinancing their mortgage loans.

None of this will make any difference, however, unless we strengthen our economy over the long-term; unless we put our economy on a firmer footing by rebuilding its foundation. And that’s exactly the purpose of the budget I’m submitting to Congress. It’s a budget that makes hard choices about where to save and where to spend. Because of the massive deficit we inherited and the cost of this financial crisis, we are going through our books line by line so that we can cut our deficit in half by the end of my first term and reduce it by $2 trillion over the next decade. But what we will not cut are investments that will lead to real growth and real prosperity – investments that will make a difference in the lives of this generation and future generations.

Because spiraling health care costs are crushing families, dragging down our entire economy, and represent one of the fastest growing parts of our budget, we’ve made an historic commitment to health care reform in this budget – reform that brings us closer to the day when health care is affordable and accessible for every single American.

Because we know that countries that out-educate us today will out-compete us tomorrow, this budget invests in a complete and competitive education for every American – in early childhood education programs that work; in high standards and accountability in our schools; and in finally putting the dream of a college degree or technical training within reach for anyone who wants it.

Because we know that enhancing America’s competitiveness will also require reducing our dependence on foreign oil and building a clean energy economy, this budget will spark the transformation we need to create green jobs and launch renewable energy companies right here in California. It makes clean energy the profitable kind of energy, and it invests in technologies like wind power and solar power and fuel-efficient cars and trucks, powered by batteries like the ones I’ll be seeing in Rosemead tomorrow – all of which will also help combat climate change.

That’s what this budget does. Here’s what it does not do. It does not raise the taxes of any family making less than $250,000 by a single dime. In fact, 95% of all working families will receive a tax cut – a tax cut – as a result of our recovery plan.

Now, there are those who say these plans are too ambitious; that we should be trying to do less, not more.  Well, I say our challenges are too large to ignore.  The cost of our health care is too high to ignore.  Our dependence on oil is too dangerous to ignore.  Our education deficit is too wide to ignore. To kick these problems down the road for another four years or eight years would be to continue the same irresponsibility that led us to this point. And I did not run for President to pass on our problems to the next generation – I ran for President to solve them.

So I know some folks in Washington and on Wall Street are saying we should focus on only one problem at a time. And I understand the thinking behind that. It’d be nice if we could pick and choose what problems to face and when to face them. But that’s just not the way it works. You don’t get to choose between paying your mortgage bills or your medical bills. You don’t get to choose between paying your kids’ tuition and saving enough for retirement. You need to take on all of these problems. And you need a government that will do the same. That’s what leadership is all about.

And that’s what this debate on the budget is all about – it’s about whether we are willing to do what needs to be done not only to get our economy moving right now, but to put it on the road to lasting, shared prosperity. It can be easy to lose sight of this. It’s easy for pundits to get on TV, put their ratings ahead of their own sense of responsibility, and oversimplify what’s at stake. It can be difficult to break free from the partisanship that’s held sway in Washington for so many years.

But that is what we have to do. That is what this moment requires. For what all of you know deep down – and what folks in Washington sometimes forget – is that in the end, a budget is not merely numbers on a page or a laundry list of programs. It is about your lives, your families, and your dreams for the future. And you didn’t send us to Washington to stand in the way of your aspirations. You didn’t send us there to say no to change – you sent us there to get things done.

And that is exactly what I intend to do. But I cannot do it without you, the American people. That’s why I’m here today – because it will take all of us talking with one another and all of us working together to see our nation through this difficult time and bring about a brighter day. So, thank you for this opportunity to speak with you, and now I’d like to open it up for questions.

[CitizenM]

It’s always good to get out of Washington for a little while

Translation:

"I don't know what the heck I am doing, so I had to run away. You know I never had a real job and this one is just too hard to do every day."

[Wolfhound777]

“I know a lot of you are outraged about this. I’m outraged, too. It’s hard to understand that a company that is relying on extraordinary assistance from taxpayers to keep its doors open would be paying anyone lavish bonuses. It goes against our most basic sense of what is fair and what is right. It offends our values.”

What a lying sack of dung zero is. He damn well knew about these bonuses from day 1.

[Mad_Tom_Rackham]

Whoever came up with “One Big Ass Mistake, America” basically nailed it.