Obama Economy Speech: Major Address At Georgetown University
Obama said the rules governing the financial system must be brought into the Digital Age and that the economy must be transformed from one less dependent on a risk-obsessed financial sector and more on clean energy, good education and health care costs brought under control.
"We cannot rebuild this economy on the same pile of sand," he said, invoking a Biblical reference to Jesus' Sermon on the Mount. "We must build our house upon a rock. We must lay a new foundation for growth and prosperity a foundation that will move us from an era of borrow and spend to one where we save and invest, where we consume less at home and send more exports abroad."
Obama also said the problem is exacerbated by politicians with an outsized interest in scoring points and an impatient media.
"When a crisis hits," he said, "there's all too often a lurch from shock to trance, with everyone responding to the tempest of the moment until the furor has died away and the media coverage has moved on, instead of confronting the major challenges that will shape our future in a sustained and focused way."
"This can't be one of those times," Obama said. LinkHere
"We cannot rebuild this economy on the same pile of sand," he said, invoking a Biblical reference to Jesus' Sermon on the Mount. "We must build our house upon a rock. We must lay a new foundation for growth and prosperity a foundation that will move us from an era of borrow and spend to one where we save and invest, where we consume less at home and send more exports abroad."
Obama also said the problem is exacerbated by politicians with an outsized interest in scoring points and an impatient media.
"When a crisis hits," he said, "there's all too often a lurch from shock to trance, with everyone responding to the tempest of the moment until the furor has died away and the media coverage has moved on, instead of confronting the major challenges that will shape our future in a sustained and focused way."
"This can't be one of those times," Obama said. LinkHere
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posted by Kangaroo Brisbane Australia at 3:29 PM
1 Comments:
Speech was ironic.
Some people have argued that Obama does not want to use religion to further a political ideology. However, Obama did
evoke the Sermon on the Mount, at this Georgetown appearance, to further his economic agenda. Although Obama failed to mention Jesus Christ by name for the Sermon on the Mount.
“There is a parable at the end of the Sermon on the Mount that tells a story of two men…‘the rain descended and the floods came, and the winds blew, and beat upon that house…it fell not: for it was founded upon a rock,’” Obama said.
“We cannot rebuild this economy on the same pile of sand,” he added. “We must build our house upon a rock.”
The last statement is particularly ironic since building your house upon a ‘ROCK‘ means to build your house with Christ as the foundation. Obama decided to blot out the real foundation from the timeless parable.
See the hi-res pictures:
http://tinyurl.com/djtzgm
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