Who is President Obama: Midterm Heading To 2012

Facebook it: https://my.barackobama.com/obamanatovid Tweet it: https://my.barackobama.com/obamanatotwvid Tumblr it: https://my.barackobama.com/obamanatotbrvid President Obama responds to questions during a press conference at the 2012 Chicago NATO Summit. President Obama: "Well, first of all I think Cory Booker is an outstanding mayor. He's doing great work in Newark and obviously helping to turn that city around. And I think it's important to recognize that this issue is not a, quote, distraction. This is part of the debate that we're going to be having in this election campaign about how do we create an economy where everybody from top to bottom, folks on Wall Street and folks on Main Street, have a shot at success, and if they're working hard and they're acting responsibly, that they're able to live out the American dream.   Now, I think my view of private equity is that it is -- it is set up to maximize profits and that's a healthy part of the free market. That's - that's part of the role of a lot of business people. That's not unique to private equity, and as I think my representatives have said repeatedly, and I will say today, I think there are folks who do good work in that area, and there are times where they identify the capacity for the economy to create new jobs or new industries. But understand that their priority is to maximize profits. And that's not always going to be good for communities or businesses or workers. And the reason this is relevant to the campaign is because my opponent, Governor Romney, his main calling card for why he thinks he should be president is his business experience. He's not going out there touting his experience in Massachusetts. He's saying,' I'm a business guy and I know how to fix it,' and this is his business. And when you're president, as opposed to the head of a private equity firm, then your job is not simply to maximize profits. Your job is to figure out how everybody in the country has a fair shot. Your job is to think about those workers who get laid off and how are we paying them for their retraining? Your job is to think about how those communities can start creating new clusters so that they can attract new businesses. Your job as president is to think about how do we set up a equitable tax system so that everybody's paying their fair share that allows us then to invest in science and technology and infrastructure, all of which are going to help us grow. And so, if your main argument for how to grow the economy is, 'I knew how to make a lot of money for investors,' then you're missing what this job is about. It doesn't - it doesn't mean you weren't good at private equity, but that's not what my job is as president. My job is to take into account everybody, not just some. My job is to make sure that the country is growing not just now, but ten years from now and twenty years from now. And so, to repeat, this is not a distraction. This is what this campaign's going to be about, is: what is a strategy for us to move this country forward, in a way where everybody can succeed? And that means I've got to think about those workers in that video just as much as I'm thinking about folks who have been much more successful."   Reporter: [inaudible]   President Obama: "What I would say is, is that Mr. Romney is responsible for the proposals he's putting forward for how he says he's going to fix the economy, and if the main basis for him suggesting he can do a better job, is his track record as the head of a private equity firm, then both the upsides and the downsides are worth examining."

Facebook it: https://my.barackobama.com/cutterrovevid Tweet it: https://my.barackobama.com/cutterrovetwvid Tumblr it: https://my.barackobama.com/cutterrovetbrvid Stephanie Cutter shares the facts against the latest ad put out by Karl Rove and his Super PAC: Crossroads. "Hi, I'm Stephanie Cutter, Deputy Campaign Manager at Obama for America. Well, here we are again. Karl Rove's group, Crossroads, is spending $25 million from secret donors to tear down the president in a new ad out today. Time to tear this thing apart. First up -- the attack ad says the president has not helped people who face foreclosure. That is flat out wrong. Because of President Obama's policies and the efforts he set in motion, over 5.9 million homeowners were able to modify their mortgages, avoid foreclosure, and stay in their homes. And the president is fighting to get Congress to go further -- to let responsible homeowners who pay their mortgages on time to refinance and save on their monthly payments, even if they are underwater. The president is doing this because he believes homeownership is critical to helping middle class families build for their future. And don't forget: Mitt Romney's plan on this? Well I'll just let him speak for himself: ROMNEY: 'Don't try and stop the foreclosure process, let it run its course and hit the bottom.' I'd like to say that's unbelievable, but with Mitt Romney, it's really not. Second, the ad says the president broke a promise to cut taxes on middle class Americans. They're wrong again. President Obama has cut taxes for all working Americans -- in fact tax levels are nearly the lowest they've been since the 1950s. So, when Karl Rove says the president broke his promise on middle class tax cuts, he's not telling you the truth. But, If Mitt Romney wants to have this argument, we are happy to have it. Because when he ran for governor of Massachusetts, he promised to cut taxes too. But unlike the President, he actually did break that promise -- he hiked taxes and fees by $750 million per year on Massachusetts families and Massachusetts small businesses. Third, the ads talks about health care. And you'll like this one because we've heard it before. It says that you won't be able to keep the insurance plan that you have. Now that's just flat out wrong. If you like your plan if you want to keep it -- you can. In fact, the president made that plan stronger. You know what Mitt Romney says about Obamacare? ROMNEY: 'If I'm President, I will repeal Obamacare and I'll kill it dead on it's first day.' 'Kill it dead' Affordable coverage? Gone. Protections against insurance companies? Gone. Kids with preexisting conditions getting coverage? Not anymore. Not under Mitt Romney. Fourth up is an attack on the president's plan to cut the deficit. The President has already enacted $1 trillion in spending cuts to help reduce our deficit—and has a balanced plan to cut the deficit by $4 trillion over the next 10 years. Under Mitt Romney? The deficit would not just go up, it would go way up. Just like in Massachusetts, where he promised to reduce the debt, but actually increased it by 16 percent. As President, he'd add $5 trillion to the deficit because of a $250,000 tax cut for every millionaire and billionaire in this country that he's not paying for. So -- another special interest attack ad, another set of outright distortions, and another time when I need to ask you to do what you do best: get the president's back. Karl Rove is relying on you doing nothing to call out his BS -- and I know you'll prove him wrong. Tweet this video to your friends, Facebook it so people you know see it, post it on your Tumblr -- and let's make sure people get the truth. Thanks for helping us fight back."

Barack Obama made history Tuesday night when he was elected to become the first black president of the United States. The 47-year-old Democratic junior senator from Illinois swept to victory over his Republican opponent, Arizona Sen. John McCain, building an Electoral College majority of at least 338 votes. "If there is anyone out there who still doubts that America is a place where all things are possible, who still wonders if the dream of our founders is alive in our time, who still questions the power of our democracy, tonight is your answer," Obama told a massive crowd of cheering supporters in Chicago's Grant Park Tuesday night. "It's been a long time coming, but tonight because of what we did on this day, in this election, on this defining moment, change is coming to America." With his victory, Obama, the Hawaiian-born son of a black man from Kenya and a white woman from Kansas, is poised to turn the page on Republican policies of the last eight years, as well as some racial barriers that have stood for generations.