Elected as the 44th President of the United States of America in 2008, Barack Husain Obama put the country on his back and led us through many ups and downs. From the assassination of the world’s biggest terrorist, Osama Bin Laden, to the United States induction into the North America Free Trade Agreement, and to a new healthcare plan, Obama put things in order that will affect the country for many years to come. Barack Obama’s pros overcome his flaws, making him the best President that the United States has ever had. President Obama is a good leader because he is perceptive. As the leader of the free world, President Barack Obama rallies for the people. He understands that the United States can only work as a unit when everyone has the same …show more content…
This reform re-regulated the financial sector, tightened capital requirements on banks and overall placed major regulations on the financial industry. This reform also protects consumers with rules for abusive lending and mortgage practices. The main goal of the Wall Street Reform is to subject banks to a number of regulations and the possibility of being broken up due to the banks being “too big to …show more content…
Not everyone agrees but my claim is stronger. As Obama tries to address major challenges with the economy, the wars in Afghanistan and Iraq, and healthcare reform, Americans acknowledge his leadership qualities, including his willingness to make hard decisions and the strength and decisiveness of his leadership. At the same time, Americans are losing some confidence in his ability to manage the government effectively, perhaps in response to reports of mounting federal budget deficits. Obamacare seems to be a positive plan for Americans as well as negative for Republicans. Yes, the Act has many problems, not the least of which are high costs and astonishing involvement. So why are the Republicans so against Obamacare? The Republicans say that Obamacare will destroy the economy. They say that because by forcing businesses to spend more on health care and by hiring part-time workers instead of full time workers it will destroy businesses. (Blodget) They do have a point, but for some companies Obamacare really is not a big deal all it is doing is causing change in the hiring
Back in 1980, Republican president nominee Ronald Reagan pledged throughout his campaign that it was his goal to “restore the great, confident roar of American progress, growth and optimism”. Restoration, reinvigoration, and reclamation of values believed to be lost by the presidential treachery he was succeeding. Fast forward to 2008, Democratic president nominee Barack Obama did not see a need for restoration, he saw a need for new waves with his slogan “change we can believe in” after the economic destruction by W. Bush. Being such dramatic foils, the two men represent different eras of American politics. The unprecedented election of Obama severed Reagan’s seemingly everlasting legacy, signaling real changes coming to the presidency. The “Reagan Revolution” is remembered as an era of conservatism and economic peace, while Obama’s terms are viewed with mixed emotions. Obama’s impact can definitely be argued, as political information was more readily accessible in his presidency than any other in history; thanks to new technology and social communications, but since time has passed, so can Reagan’s. The use of their presidential powers is what a president is remembered for. Assessing the ranges in their backgrounds, motivations, policy creation and execution, and overall achievements, one can determine
When president Barack Obama first walked on the biggest stage in America eight years ago a lot of Americans did not trust his words of wisdom to carry, we the people to a better United States. On January 10, 2017 President Barack Obama walked back on that same big stage now known and loved by so many to give his last and final speech, his Farewell speech. All of the non believers were certainly awoken to the actions that were taken by president Barack Obama to achieve most of what he truly dedicated his life and career to. Obama worked hard to gain the love, respect and dedication by so many loyal americans today. It definitely was not an easy task to achieve, many trials and many errors. In this analysis I will state weather or not Obama’s
Just mention the word "Obamacare" and a heated debate will start right away. The legal name of Obamacare is "the Patient Protection and Affordable Care Act, PPACA" (Tate 1). The law has over 2500 pages and many have not read the entire law (Tate 12). Democrat Nancy Pelosi made an infamous remark back in 2010 stating "that Congress '[has] to pass the bill so you can find out what's in it'".(Roff). This law was signed in March of 2010 and has a 54% disapproval rating among Americans today (Amadeo).
The Dodd-Frank Wall Street Reform and Consumer Protection Act brought the most significant changes to financial regulation in the United States since the reform that followed the Great Depression. It made changes in the American financial regulatory environment that affect all federal financial regulatory agencies and almost every part of the nation’s financial services industry. Like Glass-Steagall, the legislation passed after the Great Depression, it sought to regulate the financial markets and make another economic crisis less likely. Banks were deregulated in 1999 by the Gramm-Leach-Biley Act, which repealed the Glass-Steagall Act and essentially allowed for the excessive risk taken on by banks that caused the most recent financial crisis. The Financial Stability Oversight Council was established through the Dodd-Frank Wall Street Reform and Consumer Protection Act and was created to address the systemic risks in the United States financial system and to improve coordination among financial regulators.
In contempt of Obama’s humble giving spirit, vivid personality, and many accomplishments, a debate is always at hand upon hearing the infamous name Barack Hussein Obama. From his place of birth, religion, and ethnicity Obama’s face a fair share of controversy. At the heels of adversity along with sheer determination to help others Obama became a leader that delivers and one of the most influential people of America. Adversity was introduced to Obama at an early age. With a Kenyan father and Caucasian mother residing in Hawaii, Obama has always stood out in numerous ways. In 1959 Barack Obama Senior was selected from a number of candidates to go to school in the US where he attended The University of Hawaii in Honolulu to
America has many presidents who are still remembered with their legacies, but President Andrew Jackson’s presidency is a history of which the Native American will never forget. Jackson’s democracy was not in support for women to vote, and black men to join in armies. The people who paid the greatest price through his presidency were the Indian tribes, whom he forced to move from their land which belonged to their ancestors.
It was a brief speech that captivated a lot of matters that concern the American citizens exclusively and the world inclusively. He divided his speech into different sectors which are citizens’ sacrifice, the idea of service, adopting changes, promise of wealth, government harmony and dignity. The language used in the speech was flawless and applicable to the audience, who was the public, since he was using every day vocabulary. Therefore, the speech has a strong structure that can be easily understood by the majority of people. The audience typically will and was the American citizens, but since the United States has many international relationships, President Obama was trying to reach beyond the nationwide concerns and meet a mutual background....
High taxes to maintain the program seems to another reason the Republicans as opposing the issue as stated in the Huffing post (30th Jan 2014).With the high cost of living, the Obama Care program seems to rattle the middle class who fear to be subjected to high taxes so as to maintain the program.
On March 18, in the year 2008, Senator Barack Obama gave a speech titled “A More Perfect Union”. Obama spoke of unity and how it is a necessity if America is to succeed. He also spoke of ethnic tensions and explained how prominent of an issue racism is today. In the speech, Obama showed his love for the country and demonstrates skills all presidents should have.
One of the major unintended impacts of the Dodd-Frank Act has been on credit unions and community banks. These banks weathered the credit crisis and lost only 6% of their share of banking assets between 2006 and mid-2010. A recent Harvard study indicates that this decline accelerated to 12% since the passage of the Dodd-Frank in July 2010. [a] While the community banks’ earnings increased by 12% to $5.3 billion by mid 2015 the number of these banks had declined according to Federal Deposit Insurance Corporation. The number of banks with assets under $1 billion has declined from around 7500 in 2010 to less than 6000 since Dodd-Frank came into effect. [b] Increased compliance costs due hiring of new personnel to interpret the new regulations compelled these banks to cut down on customer service amongst other things. The law hurt them disproportionately and forced them to consolidate. Regulatory economies of scale drive the process of consolidation. A larger bank is often more equipped at handling increased regulatory burdens
In his educational article, “How Barack Obama Rescued the US Economy,” Martin Wolf discusses how Obama managed to take America out of the Great Recession in spite of the negative assumptions made by Republicans (Wolf 1). With his strategic ideas and a great administration by his side, Obama proves that even as an African American, he is one of the greatest leaders in American History, if not the best. Throughout my exploration, this article was
President was able step down from that pedestal and include millions of people into a narrative of American success and inspire them to take action to better the nation. “...the state of our Union is strong,” (Obama). He usage of the word our in his final sentence of his speech created a sense of inclusion in a wildly divided nation. He used stories like the assassination of Osama bin Laden to spark American pride, he talked about hard working families that struggle to make ends meet which is something millions of people relate to, and backed up all his points with solid facts and data. Cody Keenan and President Obama used pathos, ethos, and logos to appeal to millions of widely diverse individuals in order to improve the quality of the
Across the world, ordinary people find heroes that they aspire to imitate. Comic books portray heroes as super strong men in spandex suits, and although a three-year-old child might aspire to be superman, more mature audiences hopefully find more realistic figures to idolize. Take Barack Obama, the President of the United States; he worked his entire life to attain the highest position in our government, President. Obama was not born with a silver spoon in his mouth but to a single mother in Hawaii. Through hard work and motivation, he went to college and received an education at Columbia University. He later obtained a law degree from Harvard University and began working with the Democratic Party. In 1996 he was elected to the Illinois Senate and acquired a seat in the United State’s Senate in 2004. After only 5 years of experience in the Senate, he was elected the 44th president. Obama’s exponential growth in importance and power could only have been achieved by an exemplary man. His determination, intelligence, hard work, and professionalism all made his success attainable, and he should be admired for these traits. Every country has a national hero and Barack Obama is the United State’s.
‘We are an America family, and we rise or fall together, as one nation, and as one people.’ Obama had America on their feet. They were joined as one to applaud this great leader who wanted to complete his job in helping America reach their destiny. This is a clear message throughout his 2012 victory speech. The nation is fired up by his personal anecdotes and inspiration knowing it will be a great four years with a great leader.
To sum up, Obama has always been and will always be a great example of how to succeed in spite of difficulties or obstacles. Such a strong personality is worth to be admired. Obama has left me with positive feelings about the