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AP - A strong economy needs bustling Main Streets and a thriving middle class, not just a healthy stock market, President Barack Obama said in paying tribute to the American worker.

Reuters - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said "have stopped the bleeding" and put the middle class on the road to recovery.

Reuters - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.

AFP - Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new plans for boosting the shaky US economy.

The Christian Science Monitor - President Obama used his weekly message to the nation as a Labor Day opportunity to pledge that he's working on fresh policies to boost job creation and help "the great middle class."

WASHINGTON – In his weekly address, President Obama reaffirmed his commitment to America’s workers and the middle class.  Even before the current recession hit, the middle class had been hurting from stagnant incomes and declining economic security.  To repair the economy and strengthen the middle class, the administration has invested in infrastructure projects that will lead to jobs in the private sector, taken emergency steps to prevent the layoffs of hundreds of thousands of teachers and cops, and cut taxes for 95 percent of working families.  The President is fighting to pass a law that will provide tax breaks for folks who create jobs in America.  

The full audio of the address is HERE. The video can be viewed online at www.whitehouse.gov.

Remarks of President Barack Obama
Saturday, September 4, 2010
Weekly Address
Washington DC

On Monday, we celebrate Labor Day. It’s a chance to get together with family and friends, to throw some food on the grill, and have a good time.  But it’s also a day to honor the American worker – to reaffirm our commitment to the great American middle class that has, for generations, made our economy the envy of the world.

That is especially important now.  I don’t have to tell you that this is a very tough time for our country.  Millions of our neighbors have been swept up in the worst recession in our lifetimes.  And long before this recession hit, the middle class had been taking some hard shots.  Long before this recession, the values of hard work and responsibility that built this country had been given short shrift.

For a decade, middle class families felt the sting of stagnant incomes and declining economic security.  Companies were rewarded with tax breaks for creating jobs overseas.  Wall Street firms turned huge profits by taking, in some cases, reckless risks and cutting corners.  All of this came at the expense of working Americans, who were fighting harder and harder just to stay afloat – often borrowing against inflated home values to pay their bills.  Ultimately, the house of cards collapsed.

So this Labor Day, we should recommit ourselves to our time-honored values and to this fundamental truth: to heal our economy, we need more than a healthy stock market; we need bustling main streets and a growing, thriving middle class.  That’s why I will keep working day-by-day to restore opportunity, economic security, and that basic American Dream for our families and future generations. 

First, that means doing everything we can to accelerate job creation. The steps we have taken to date have stopped the bleeding: investments in roads and bridges and high-speed railroads that will lead to hundreds of thousands of jobs in the private sector; emergency steps to prevent the layoffs of hundreds of thousands of teachers and firefighters and police officers; and tax cuts and loans for small business owners who create most of the jobs in America. We also ended a tax loophole that encouraged companies to create jobs overseas. Instead, I’m fighting to pass a law to provide tax breaks to the folks who create jobs right here in America.

But strengthening our economy means more than that.  We’re fighting to build an economy in which middle class families can afford to send their kids to college, buy a home, save for retirement, and achieve some measure of economic security when their working days are done.  And over the last two years, that has meant taking on some powerful interests who had been dominating the agenda in Washington for far too long.

That’s why we’ve put an end to the wasteful subsidies to big banks that provide student loans.  We’re going to use that money to make college more affordable for students instead. 

That’s why we’re making it easier for workers to save for retirement, with new ways of saving their tax refunds and a simpler system for enrolling in retirement plans like 401(k)s.  And we’re going to keep up the fight to protect Social Security for generations to come.

That’s why we stopped insurance companies from refusing to cover people with pre-existing conditions and dropping folks who become seriously ill. 

And that’s why we cut taxes for 95 percent of working families, and passed a law to help make sure women earn equal pay for equal work in the United States of America. 

This Labor Day, we are reminded that we didn’t become the most prosperous country in the world by rewarding greed and recklessness.  We did it by rewarding hard work and responsibility.  We did it by recognizing that we rise or we fall together as one nation – one people – all of us vested in one another.  That is how we have succeeded in the past. And that is how we will not only rebuild this economy, but rebuild it stronger than ever before.

Thank you. And I hope you have a great Labor Day weekend.

September 3, 2010

Presidential Determination No.    2010-14

By the authority vested in me as President by the Constitution and the laws of the United States, including section 2(c)(1) of the Migration and Refugee Assistance Act of 1962 (the "Act"), as amended (22 U.S.C. 2601(c)(1)), I hereby determine, pursuant to section 2(c)(1) of the Act, that it is important to the national interest to furnish assistance under the Act in an amount not to exceed $33 million from the United States Emergency Refugee and Migration Assistance Fund for the purpose of meeting unexpected and urgent refugee and migration needs, including by contributions to international, governmental, and nongovernmental organizations and payment of administrative expenses of the Bureau of Population, Refugees, and Migration of the Department of State, related to humanitarian needs resulting from recent devastating flooding in Pakistan.

You are authorized and directed to publish this memorandum in the Federal Register.

                        BARACK OBAMA

On September 21, President Barack Obama will award Chief Master Sergeant Richard L. Etchberger, U.S. Air Force, the Medal of Honor for conspicuous gallantry. Chief Etchberger will receive the Medal of Honor posthumously for his heroic actions in combat on March 11, 1968 in the country of Laos.  He displayed immeasurable courage and uncommon valor - deliberately exposing himself to enemy fire in order to place his three surviving wounded comrades in the rescue slings permitting them to be airlifted to safety. As he was finally being rescued, he was fatally wounded by enemy ground fire.  Chief Etchberger's sons, Cory Etchberger, Richard Etchberger and Steve Wilson will join the President at the White House to commemorate their father’s example of selfless service and sacrifice.

PERSONAL BACKGROUND:
Richard (Dick) L. Etchberger served in the United States Air Force from 1951 – 1968.  Born in Hamburg, Pennsylvania on March 5, 1933, he was inspired to join the military due to his brother Bob enlisting in the Navy in early 1946.  Upon joining the USAF on August 31, 1951, he proved to have a high aptitude in electronics and began long list of training and assignments that he would undergo to become a master in his career field.  On April 1, 1967, he was promoted to Chief Master Sergeant.  He held assignments in Mississippi, Utah, Morocco, North Dakota, Philippines, Illinois and the Republic of Vietnam. 

ADDITIONAL INFORMATION
THE MEDAL OF HONOR:
The Medal of Honor is awarded to a member of the Armed Forces who distinguishes themselves conspicuously by gallantry above and beyond the call of duty while:

• engaged in an action against an enemy of the United States;
• engaged in military operations involving conflict with an opposing foreign force; or
• serving with friendly foreign forces engaged in an armed conflict against an opposing armed force in which the United States is not a belligerent party.

The meritorious conduct must involve great personal bravery or self-sacrifice so conspicuous as to clearly distinguish the individual above his or her comrades and must have involved risk of life. There must be incontestable proof of the performance of the meritorious conduct, and each recommendation for the award must be considered on the standard of extraordinary merit.

A PROCLAMATION

Working Americans are the foundation of our Nation's continued economic success and prosperity.  From constructing the first transcontinental railroad to shaping our city skylines, they have built our country and propelled it forward.  Through great innovation and perseverance, our labor force has forged America as a land of limitless possibility and a leader in the global marketplace.  On Labor Day, we honor the enduring values and immeasurable contributions of working men and women today and throughout our history.

As we recognize the contributions of the American workers who have built our country, we must continue to protect their vital role and that of organized labor in our national life.  Workers have not always possessed the same rights and benefits many enjoy today.  Over time, they have fought for and gained fairer pay, better benefits, and safer work environments.  From the factory floors during the Industrial Revolution to the shopping aisles of today's superstores, organized labor has provided millions of hard-working men and women with a voice in the workplace and an unprecedented path into our strong middle class.  By advocating on behalf of our families, labor unions have helped advance the safe and equitable working conditions that every worker deserves.

Today, as we emerge from the worst recession since the Great Depression, far too many American workers remain without a job.  With every work hour lost and every plant closure and layoff, families and communities struggle to make ends meet and face difficult decisions about how to stay afloat.  Yet, in the face of this tremendous challenge, our workers have renewed their commitment to achieving the American dream by training and educating themselves for careers crucial to our long-term competitiveness.  To rebuild our economy, my Administration is focusing on job training and investing in industries that cannot be outsourced.  By focusing on recovery at home, we are saving or creating millions of jobs in America and supporting the working men and women who will drive our 21st-century economy.  More remains to be done, but we have taken important steps forward toward recovery.

American workers have always been ready to roll up their sleeves, clock in, and earn an honest living.  That steady determination is why I have confidence in the American economy and confidence that we can overcome the challenges we face. There is no greater example of our country's resolve and resilience than that of our workers.  As we celebrate Labor Day, we honor those who have advanced our Nation's strength and prosperity -- American workers.

NOW, THEREFORE, I, BARACK OBAMA, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim September 6, 2010, as Labor Day.  I call upon all public officials and people of the United States to observe this day with appropriate programs, ceremonies, and activities that acknowledge the tremendous contributions of working Americans and their families.

IN WITNESS WHEREOF, I have hereunto set my hand this third day of September, in the year of our Lord two thousand ten, and of the Independence of the United States of America the two hundred and thirty-fifth.

BARACK OBAMA

President Obama will welcome the Secretary General of the North Atlantic Treaty Organization (NATO), Mr. Anders Fogh Rasmussen, to the White House on September 7, 2010.  As part of the President’s ongoing consultations with allies about our global agenda, the two leaders will discuss NATO’s role in advancing our shared interests in Europe and beyond, including through the International Security Assistance Force mission in Afghanistan.  They will discuss preparations for the November 19-20, 2010 NATO Summit in Lisbon, Portugal, which will include a focus on NATO’s development of new capabilities that ensure it is able to respond effectively to 21st century challenges.

The United States condemns, in the strongest possible terms, the terrorist attacks on a religious procession in Quetta and an Ahmedi worship center in Peshawar.  We offer our sincere condolences to the families of the victims.

To target innocent civilians during the Muslim holy month of Ramadan at an already difficult time as the country is working hard to recover  from terrible flooding caused by monsoons makes these acts even more reprehensible.

In line with the deepening partnership between our two nations, the United States government continues to assist and work closely with the Government of Pakistan in its efforts to rebuild and recover, and we will continue to stand with the people of Pakistan as they face these challenging times.

Exclusive to Yahoo! News - With the Democrats' prospects in the upcoming midterm elections sinking with the release of each new bit of bad economic news, President Obama was quick to concede that performance is "not nearly good enough."

The Atlantic Wire -

AP - Secretary of State Hillary Rodham Clinton sought to inject urgency into Israeli-Palestinian peace talks Friday, warning the negotiations may be "the last chance for a very long time" to reach an agreement.

AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.

The President talks about his fight to make America work for the middle class and make sure hard work is rewarded -- rather than greed and recklessness .

The delegations have departed, the speeches have been delivered, and the talks have begun. Re-launching direct negotiations between Israelis and Palestinians was of course a first step, but the meetings this week at the White House and the State Department went quite well, and represent a good foundation for progress.

As Senator Mitchell said, the tone was constructive and serious, and the two leaders began to establish a positive relationship. Prime Minister Netanyahu and President Abbas met for nearly two hours one-on-one at the State Department on September 2nd. They talked very frankly and openly with each other, and got a sense of each other’s seriousness of purpose.

read more

Over the past three decades, childhood obesity rates in America have tripled, affecting children across the nation and changing country’s overall health and wellness.   Building on the momentum of the Let’s Move! campaign and highlighting the steps that individuals, families and communities can take to address this issue, President Obama recently issued a proclamation making September 2010 National Childhood Obesity Awareness Month.

The new Presidential Proclamation encourages Americans to be more active in addressing this ongoing struggle and raising a healthier generation of children:

“One of the greatest responsibilities we have as a Nation is to safeguard the health and well-being of our children.  We now face a national childhood obesity crisis, with nearly one in every three of America's children being overweight or obese.  There are concrete steps we can take right away as concerned parents, caregivers, educators, loved ones, and a Nation to ensure that our children are able to live full and active lives.  During National Childhood Obesity Awareness Month, I urge all Americans to take action to meet our national goal of solving the problem of childhood obesity within a generation.”

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On Wednesday in Cleveland, Ohio, the President will update the American people on the state of the economy, talk about the progress we have made, and discuss some targeted proposals to keep the economy growing including extending tax cuts for the middle class, and investing in the areas of our economy where the potential for job growth is greatest.

As today’s jobs numbers demonstrate, we are headed in the right direction. We have gained private sector jobs for the last 8 months, but not nearly enough. As the President said today, there’s no quick fix to the worst recession since the Great Depression. It took years to create our economic problems, and it’ll take more time than any of us would like to fully repair the damage. There are no silver bullets and anyone who is promising them is not being straight with the American people. But there are some ideas that will help the economy and help American families that are hurting and those proposals will be a part of the President’s remarks.

Speaking in the city where Minority Leader Boehner recently detailed the Republican economic agenda, the President will lay out the choice between his ideas and the failed policies and failed philosophy that led us into this mess. 

Dan Pfeiffer is White House Communications Director

It has become somewhat of a tradition for Labor Secretaries to use Labor Day to give a “State of the American Worker” report, if you will. Some have made remarks from podiums. Others have testified on Capitol Hill. Some have chosen to address think tanks, corporations, or labor unions.

Those are all important forums. But as your Labor Secretary I have had the great opportunity to meet many of the working men and women who truly make America run, and this year I want to talk directly to you – the American worker.

Many of you have told me that you want an America that “produces things again.” You want a nation that is strong, that leads the international marketplace in innovation and a commitment to quality. And you want a government that is responsive, pragmatic and understands your needs.

But more than anything else, no matter where I go and who I talk to, you’ve told me “we need jobs.”

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AP - Icelike crystals had formed Saturday on the 300-ton blowout preventer that failed to stop oil from spewing into the Gulf of Mexico, forcing BP crews to wait before they could safely hoist the device to the surface.

AP - Craigslist appears to have surrendered in a legal fight over erotic ads posted on its website, shutting down its adult services section Saturday and replacing it with a black bar that simply says "censored."

AP - Frustrated, discouraged and just plain mad, a lot of people who have lost jobs — or know someone who has — now want to see the names of Democrats on pink slips. And that's jeopardizing the party's chances in Ohio and all across the country in November's elections.

AP - In the end, Earl's worst damage in New England was to seasonal businesses hoping to end their summer on a high note.

AP - American Muslims are boosting security at mosques, seeking help from leaders of other faiths and airing ads underscoring their loyalty to the United States — all ahead of a 9/11 anniversary they fear could bring more trouble for their communities.

AP - Paul Conrad used his pencil like a weapon. His long lines and jagged angles seemed to point directly at the leaders he deemed charlatans and fools in need of deflating.

AP - Protesters hurled shoes and eggs Saturday at Tony Blair who held the first public signing of his memoir amid high security in Ireland's capital. Hundreds more people lined up to have their books autographed — evidence that the divisions left by Blair's decade as British leader have yet to heal.

AP - Abdul Rehman and his family live under a tree next to a pile of rubble on a newly created island where his house used to be.

Reuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.

Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.

Reuters - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.