Full Text Obama Presidency November 9, 2012: President Barack Obama’s Statement on the Resignation of CIA Director David Petraeus

POLITICAL BUZZ

OBAMA PRESIDENCY & THE 112TH CONGRESS:

Statement by President Obama on the Resignation of CIA Director David Petraeus

Source: WH, 11-9-12

David Petraeus has provided extraordinary service to the United States for decades. By any measure, he was one of the outstanding General officers of his generation, helping our military adapt to new challenges, and leading our men and women in uniform through a remarkable period of service in Iraq and Afghanistan, where he helped our nation put those wars on a path to a responsible end. As Director of the Central Intelligence Agency, he has continued to serve with characteristic intellectual rigor, dedication, and patriotism. By any measure, through his lifetime of service David Petraeus has made our country safer and stronger.

Today, I accepted his resignation as Director of the Central Intelligence Agency. I am completely confident that the CIA will continue to thrive and carry out its essential mission, and I have the utmost confidence in Acting Director Michael Morell and the men and women of the CIA who work every day to keep our nation safe. Going forward, my thoughts and prayers are with Dave and Holly Petraeus, who has done so much to help military families through her own work. I wish them the very best at this difficult time.

Full Text Political Headlines November 9, 2012: CIA Director David Petraeus’ Resignation Letter Submitted to President Barack Obama

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

CIA Director David Petraeus’ Resignation Letter

Here is the full text of Petraeus’ letter:

HEADQUARTERS Central Intelligence Agency

9 November 2012
Yesterday afternoon, I went to the White House and asked the President to be allowed, for personal reasons, to resign from my position as D/CIA.  After being married for over 37 years, I showed extremely poor judgment by engaging in an extramarital affair.  Such behavior is unacceptable, both as a husband and as the leader of an organization such as ours.  This afternoon, the President graciously accepted my resignation.

As I depart Langley, I want you to know that it has been the greatest of privileges to have served with you, the officers of our Nation’s Silent Service, a work force that is truly exceptional in every regard.  Indeed, you did extraordinary work on a host of critical missions during my time as director, and I am deeply grateful to you for that.

Teddy Roosevelt once observed that life’s greatest gift is the opportunity to work hard at work worth doing.  I will always treasure my opportunity to have done that with you and I will always regret the circumstances that brought that work with you to an end.
Thank you for your extraordinary service to our country, and best wishes for continued success in the important endeavors that lie ahead for our country and our Agency.

With admiration and appreciation,
David H. Petraeus

Full Text Obama Presidency November 9, 2012: President Barack Obama’s Speech on Fiscal Cliff, Tax Cuts & Deficit Deal with Congress

POLITICAL BUZZ

OBAMA PRESIDENCY & THE 112TH CONGRESS:

President Obama made a statement in the East Room of the White House on Friday.
Doug Mills/The New York Times

President Obama made a statement in the East Room of the White House on Friday.

Remarks by the President

Source:  WH, 11-9-12

East Room

1:08 P.M. EST

THE PRESIDENT: Thank you. (Applause.) Thank you so much. (Applause.) Thank you very much, everybody. Everybody, please have a seat. (Applause.)

Well, good afternoon, everybody. Now that those of us on the campaign trail have had a chance to get a little sleep — (laughter) — it’s time to get back to work. And there is plenty of work to do.

As I said on Tuesday night, the American people voted for action, not politics as usual. You elected us to focus on your jobs, not ours. And in that spirit, I’ve invited leaders of both parties to the White House next week, so we can start to build consensus around the challenges that we can only solve together. And I also intend to bring in business and labor and civic leaders from all across the country here to Washington to get their ideas and input as well.

At a time when our economy is still recovering from the Great Recession, our top priority has to be jobs and growth. That’s the focus of the plan I talked about during the campaign. (Applause.) It’s a plan to reward small businesses and manufacturers that create jobs here, not overseas. It’s a plan to give people the chance to get the education and training that businesses are looking for right now. It’s a plan to make sure this country is a global leader in research and technology and clean energy, which will attract new companies and high-wage jobs to America. It’s a plan to put folks back to work, including our veterans, rebuilding our roads and our bridges, and other infrastructure. And it’s a plan to reduce our deficit in a balanced and responsible way.

Our work is made that much more urgent because at the end of this year, we face a series of deadlines that require us to make major decisions about how to pay our deficit down — decisions that will have a huge impact on the economy and the middle class, both now and in the future. Last year, I worked with Democrats and Republicans to cut a trillion dollars’ worth of spending that we just couldn’t afford. I intend to work with both parties to do more — and that includes making reforms that will bring down the cost of health care so we can strengthen programs like Medicaid and Medicare for the long haul.

But as I’ve said before, we can’t just cut our way to prosperity. If we’re serious about reducing the deficit, we have to combine spending cuts with revenue — and that means asking the wealthiest Americans to pay a little more in taxes. (Applause.) That’s how we did it in the 1990s, when Bill Clinton was President. That’s how we can reduce the deficit while still making the investments we need to build a strong middle class and a strong economy. That’s the only way we can still afford to train our workers, or help our kids pay for college, or make sure that good jobs in clean energy or high-tech manufacturing don’t end up in countries like China.

Now, already, I’ve put forward a detailed plan that allows us to make these investments while reducing our deficit by $4 trillion over the next decade. I want to be clear — I’m not wedded to every detail of my plan. I’m open to compromise. I’m open to new ideas. I’m committed to solving our fiscal challenges. But I refuse to accept any approach that isn’t balanced. I am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000, aren’t asked to pay a dime more in taxes. I’m not going to do that. (Applause.)

And I just want to point out this was a central question during the election. It was debated over and over again. And on Tuesday night, we found out that the majority of Americans agree with my approach — and that includes Democrats, independents, and a lot of Republicans across the country, as well as independent economists and budget experts. That’s how you reduce the deficit — with a balanced approach.

So our job now is to get a majority in Congress to reflect the will of the American people. And I believe we can get that majority. I was encouraged to hear Speaker Boehner agree that tax revenue has to be part of this equation — so I look forward to hearing his ideas when I see him next week.

And let me make one final point that every American needs to hear. Right now, if Congress fails to come to an agreement on an overall deficit reduction package by the end of the year, everybody’s taxes will automatically go up on January 1st — everybody’s — including the 98 percent of Americans who make less than $250,000 a year. And that makes no sense. It would be bad for the economy and would hit families that are already struggling to make ends meet.

Now, fortunately, we shouldn’t need long negotiations or drama to solve that part of the problem. While there may be disagreement in Congress over whether or not to raise taxes on folks making over $250,000 a year, nobody — not Republicans, not Democrats — want taxes to go up for folks making under $250,000 a year. So let’s not wait. Even as we’re negotiating a broader deficit reduction package, let’s extend the middle-class tax cuts right now. Let’s do that right now. (Applause.)

That one step — that one step — would give millions of families — 98 percent of Americans and 97 percent of small businesses — the certainty that they need going into the new year. It would immediately take a huge chunk of the economic uncertainty off the table, and that will lead to new jobs and faster growth. Business will know that consumers, they’re not going to see a big tax increase. They’ll know that most small businesses won’t see a tax increase. And so a lot of the uncertainty that you’re reading about, that will be removed.

In fact, the Senate has already passed a bill doing exactly this, so all we need is action from the House. And I’ve got the pen ready to sign the bill right away. I’m ready to do it. (Applause.) I’m ready to do it. (Applause.)

The American people understand that we’re going to have differences and disagreements in the months to come. They get that. But on Tuesday, they said loud and clear that they won’t tolerate dysfunction. They won’t tolerate politicians who view compromise as a dirty word. Not when so many Americans are still out of work. Not when so many families and small business owners are still struggling to pay the bills.

What the American people are looking for is cooperation. They’re looking for consensus. They’re looking for common sense. Most of all, they want action. I intend to deliver for them in my second term, and I expect to find willing partners in both parties to make that happen. So let’s get to work.

Thank you very much, everybody. Thank you. (Applause.)
END
1:15 P.M. EST

Political Headlines November 9, 2012: President Barack Obama to Call for Deal with Congress on Tax Cuts

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

President Obama to Call for Deal on Tax Cuts

Source: ABC News Radio, 11-9-12

Pete Souza/The White House via Getty Images

President Obama on Friday will call upon Congress to work with him on preserving the lower tax rates first pushed by President George W. Bush for those Americans who earn under $200,000 a year.  But he will state his belief that in re-electing him, voters were clear that they support a “balanced approach” to deficit reduction — meaning that the lower tax rates for higher wage earners should expire….READ MORE

Political Headlines November 9, 2012: Speaker John Boehner’s ABC News Interview: Raising Tax Rates ‘Unacceptable’ but New Revenue on Table

Boehner Exclusive: Raising Tax Rates ‘Unacceptable’ but New Revenue on Table

Source: ABC News Radio, 11-9-12

Martin H. Simon/ABC

Raising tax rates is “unacceptable” to House Speaker John Boehner as he prepares to open negotiations on the looming “fiscal cliff” with the president and congressional Democrats, he told World News anchor Diane Sawyer Thursday in an exclusive interview.

“Raising tax rates is unacceptable,” Boehner, R-Ohio, said in his first broadcast interview since the election Tuesday.

“Frankly, it couldn’t even pass the House. I’m not sure it could pass the Senate.”…READ MORE

Election 2012 November 9, 2012: Tearful President Barack Obama Thanks Staff for History-Making Campaign During Chicago speech

ELECTION 2012

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CAMPAIGN BUZZ 2012

THE HEADLINES….

Tearful Obama Credits Staff for History-Making Campaign

Source: ABC News Radio, 11-9-12

Associated Press – In this still image from a BarackObama.com campaign video, President Barack Obama wipes away tears as he thanks members of his campaign staff and volunteers in Chicago, Wednesday, Nov. 7, 2012. The short speech came a day after he won re-election. The president talks about his work as a community organizer in Chicago and tells staffers and volunteers that they will do “amazing things” in their lives

The morning after he won re-election, an emotional President Barack Obama credited his youthful staff of several hundred with running a campaign that will “go on in the annals of history.”

“What you guys have accomplished will go on in the annals of history and they will read about it and they’ll marvel about it,” Obama told his team Wednesday morning inside the Chicago campaign headquarters, tears streaming down his face.

“The most important thing you need to know is that your journey’s just beginning. You’re just starting. And whatever good we do over the next four years will pale in comparison to whatever you guys end up accomplishing in the years and years to come,” he said….READ MORE

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