Obama warns against racism, anti-Muslim sentiment in US

January 11, 2017

New Delhi, Jan 11: To deafening chants of "four more years", US President Barack Obama, in his final address as President today, cautioned against everything that incoming President Donald Trump has publicly espoused, including anti-immigrant, anti-Muslim, anti-women, anti-gay, pro-Russian and pro-rich sentiments.

obama1As he ascended the stage in Chicago, the crowds roared "four more years, four more years", even as Obama tried to quiet the very emotional gathering of people who had come to see off the man who finally avenged 9/11, made gay marriage legal and ensured healthcare for all Americans. But today, that man failed to quiet the crowd.

"You can tell I'm a lame duck, because no one is following my instructions," Obama joked, at the start of his address, and followed that up with a big "thank you" to all Americans who gave him a chance to serve as US President. Through most of his speech, Obama was calm and collected - he even joked about people who use social media - but towards the end, as he thanked his wife Michelle, his two daughters and vice president Joe Biden, he teared up.

In his almost-hour long speech, Obama never strayed from one message - that the US democracy is what it is because of its inclusiveness and its promise of equality of economic opportunity for all, regardless of race, religion, gender or sexual identity. The thrust of the speech couldn't have been clearer, as Americans head into four years of a Trump presidency. Of a Trump who has publicly vilified women, the weak, immigrants and the poor. Of a Trump who was democratically elected.

"In ten days, the world will witness a hallmark of our democracy," Obama said, and that statement's import wasn't lost on the crowd. The reference was obvious. America voted Trump to power, and American democracy must go on. But not without the strictest vigilance to ensure equal rights for all.

"Going forward, we must uphold laws against discrimination - in hiring, in housing, in education and the criminal justice system... we, as citizens, must remain vigilant against external aggression, we must guard against a weakening of the values that make us who we are. That's why I reject discrimination against Muslim Americans. That's why we cannot withdraw from global fights - to expand democracy, and human rights, women's rights, and LGBT rights - no matter how imperfect our efforts, no matter how expedient ignoring such values may seem," Obama said.

The US President stressed the importance of economic and social equality, not for a select few, but for all. Again here, the reference was to Trump who has talked about Mexican immigrants being "rapists", about building a wall "to keep out Mexicans" and even about banning Muslims from entering the US. That last election promise of Trump's has watered down some, since he was elected November 8.

That equality that the US constitution has granted has yet to be fully realized, Obama said.

"But we're not where we need to be. All of us have more work to do. After all, if every economic issue is framed as a struggle between a hardworking white middle class and undeserving minorities, then workers of all shades will be left fighting for scraps while the wealthy withdraw further into their private enclaves. If we decline to invest in the children of immigrants, just because they don't look like us, we diminish the prospects of our own children - because those brown kids will represent a larger share of America's workforce," Obama said.

Obama also talked about foreign policy and how foreign powers can also be a threat to US democracy.

"So let's be vigilant, but not afraid. ISIL will try to kill innocent people. But they cannot defeat America unless we betray our Constitution and our principles in the fight. Rivals like Russia or China cannot match our influence around the world - unless we give up what we stand for, and turn ourselves into just another big country that bullies smaller neighbors," Obama said, clearly referring to US intelligence agencies confirming that Russia hacked the US elections to Trump's advantage.

Trump has publicly expressed his admiration for Russian President Vladimir Putin and has dismissed claims of any hacking. In fact, Trump has done it very publicly, thanks to his prolific use of microblogging site Twitter, which appears to be the President-elect's favourite means of communication.

The internet - and the misinformation it spreads - was never more evident than it was during these US elections. Joking about that was something Obama couldn't resist.

"If you're tired of arguing with strangers on the internet, try to talk with one in real life," Obama said to approving applause.
Eight years ago, as Obama ascended the stage following a phenomenal showing in the hustings, his campaign song, Stevie Wonder's 'Signed, Sealed, Delivered' was played.

Today, Obama ended his US Presidency by harking back to his 2008 campaign slogan - albeit with a twist.
"Yes We Can. Yes We Did. Yes We Can."

Comments

Rikaz
 - 
Wednesday, 11 Jan 2017

America means business....they know how to keep people happy....gay marriage....lesbian marriage....all sorts of marriages....this is ugly...what kind of democracy is it....immoral....not good at all...Obama completed his tenure by bullshitting all those things....

shaji
 - 
Wednesday, 11 Jan 2017

Mr. Obama was a quite acceptable president of USA and he was impartial to all the nationals. Hope Trump will change in thinking towards minorities and other nations.

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News Network
February 15,2020

Bengaluru, Feb 15: The Karnataka Legislative Assembly has decided to set aside two days - March 2 and 3 - for a special discussion over the controversial Citizenship (Amendment) Act continues across the country.

Assembly Speaker Vishweshwara Hegde Kageri told media persons here today that the Assembly would act as a platform for legislators to speak about the relevance of the Constitution and its contributions for the last seven decades. He had already held a round of discussions with senior legislators and all have expressed their willingness to participate in the debate. More details of the discussion would be worked out in the next few days after a meeting of the Business Advisory Committee of the House on February 18.

Asked whether it would be possible to have discussions rising above partisan politics in the present scenario, Mr. Kageri said “I have appealed to members to discuss the Constitution beyond the political prism.” Each member would be asked to speak on a specific topic of the Constitution.

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News Network
March 5,2020

Bengaluru, Mar 5: Karnataka is facing unprecedented economic difficulties following a Rs 8,887 crore reduction in the state's share in central taxes, cut in allocation under 15th finance commission and a Rs 3,000 crore hit in GST compensation, Chief Minister B S Yediyurappa indicated on Thursday.

Presenting the state budget for 2020-21 in the Assembly, he said Karnataka's share in central taxes has come down by Rs 8,887 crore in 2019-20 as per the revised budget estimates of the central government. Therefore the state's revenue resources have been reduced. Apart from this, Rs 3,000 crore GST compensation will also be reduced as collection from the GST compensation cess is not as expected, the Chief Minister said. "With all this it has become difficult to reach to reach the 2019-20 budget targets and to manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, an inevitable situation has arisen this year to cut down the expenditure of many departments," he added.

As per the interim report submitted by the 15th finance commission, there is a reduction in the state's share of central taxes to 3.64 per cent compared to 4.71 per cent fixed by the 14th finance commission. In view of this, there will be a reduction of Rs 11,215 crore in the state's share of central taxes in 2020-21 budget, when compared to the previous one.

He, however, noted that the allocation recommendation of the 15th finance commission is limited to one year only and the complete report for the period 2021-22 to 2025-26 will be submitted in October 2020.

"Our government will soon submit a revised memorandum to the commission to set right the loss caused to the state with regard allocation for the year 2020-21 and give more allocation for the remaining period," the Chief Minister said. He also said, when compared to the previous year, there is an increase of approximately Rs 10,000 crore for 2020-21 with regards to government employees salary, pension and interest on government loans, but there is no proportionate increase in resources as compared to committed expenditure. "Due to this reduction of the state's share of central taxes as per the 15th finance commission report and other developments, serious difficulties are being faced in resource mobilisation efforts of the state," Yediyurappa said. "This magnitude of economic difficulties was never faced in the previous years by our state," he added.

However, the state's own tax revenue collection is excellent during this year, he said. As compared to the previous year, there is a growth of 14 per cent in State GST collection. "Based on this, in the new budget, efforts are being made to manage the reduction in the share of central taxes by stabilising the state's own resources more", the Chief Minister said.

Karnataka recorded a gross state domestic product growth rate of 7.8 per cent in 2018-19 and Yediyurappa said for the current financial year it is estimated to be 6.8 per cent.

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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