Michelle Obama for 2016? Speech moves everybody to tears

September 5, 2012
michelle-obama_Tear


North Carolina, September 5: First lady Michelle Obama acknowledged on Tuesday that the change her husband Barack Obama sought in his White House campaign four years ago has proven difficult but urged voters to give him another term to fix the weak U.S. economy.

"He reminds me that we are playing a long game here, and that change is hard, and change is slow, and it never happens all at once," she told the Democratic National Convention in Charlotte, North Carolina. "But eventually we get there. We always do," she said.

With Democrats anxious about a race with Republican Mitt Romney that is too close to call nine weeks before the November 6 election, Mrs. Obama urged party activists to rally around the president.

"We must work like never before, and we must once again come together and stand together for the man we can trust to keep moving this great country forward, my husband, our president, Barack Obama," she said.

Under fire for high unemployment, Obama wants to use the convention to seize the political spotlight back from Romney who held his own nominating convention in Tampa last week.

A host of speakers at the gathering in Charlotte attacked Romney for his business record, refusal to release more tax returns and for spearheading a Republican "war on women."

ATTACK ON ROMNEY

The Democrats even choreographed a swipe at the former executive from beyond the grave, by playing a video of late Senator Ted Kennedy getting the better of Romney during a debate in the 1994 election campaign for Kennedy's Senate seat.

Michelle Obama's address was the Democrats' answer to Romney's wife, Ann, who gave a highly personal account of her husband in trying to present a more human side to him at the Republicans' convention.

The popular Mrs. Obama laced her speech with what seemed to be subtle digs at Romney but mostly kept her focus on her husband, recalling their early days together.

"For Barack, success isn't about how much money you make, it's about the difference you make in people's lives," she said about Romney whose fortune from private equity has been a focus of her husband's campaign.


"He was the guy whose proudest possession was a coffee table he'd found in a dumpster, and whose only pair of decent shoes was a half size too small," she said.


It was a night for women at the convention as the Democrats pressed their advantage with female voters, a gender gap that is a sore point for Republicans particularly after remarks by conservative Missouri Senate candidate Todd Akin about "legitimate rape."

Lily Ledbetter, the tough-talking Alabama advocate for equal pay for women, took the stage, as did former veterans official Tammy Duckworth and many others to criticize Romney and talk up Obama.


"He believes that women are more than capable of making our own choices about our bodies and our healthcare. That's what my husband stands for," Michelle Obama said.


The Democrats highlighted Obama's successes during his first term - from ordering the mission that killed al Qaeda leader Osama bin Laden to the bailout of the auto industry - while reminding voters of the difficulties Obama faced when he took office.

"Four years ago, America stood on the brink of a depression," Julian Castro, mayor of the Texas city of San Antonio, said. "Despite incredible odds and united Republican opposition, our president took action. And now we've seen 4.5 million new jobs."

Obama will make his acceptance speech in a 74,000-capacity football stadium on Thursday night.


His economic argument got a little tougher on Tuesday. New surveys showed U.S. manufacturing shrank at its sharpest clip in more than three years last month, while exports and hiring in the sector also slumped.


Republicans stayed on the offensive, criticizing Obama for telling a Colorado television reporter that he would give himself a grade of "incomplete" for his first term.


michele_tear


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News Network
January 6,2020

Aboard Air Force One, Jan 6: US President Donald Trump threatened sanctions against Baghdad on Sunday after Iraq's parliament called on US troops to leave the country, and the president said if troops did leave, Baghdad would have to pay Washington for the cost of the air base there.

"We have a very extraordinarily expensive air base that's there. It cost billions of dollars to build, long before my time. We're not leaving unless they pay us back for it," Trump told reporters on Air Force One.

Trump said that if Iraq asked US forces to leave and it was not done on a friendly basis, "we will charge them sanctions like they've never seen before ever. It'll make Iranian sanctions look somewhat tame."

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News Network
July 27,2020

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

MORE STIMULUS

Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.

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News Network
June 13,2020

Paris, Jun 13: The coronavirus pandemic has killed 425,000 people since it emerged in China late last year, according to an AFP tally of official sources at 0130 GMT on Saturday.

A total of 425,282 deaths have now been recorded from 7,632,517 cases.

Europe has registered 186,843 deaths from 2,363,538 cases, but the epidemic is progressing most rapidly in Latin America, where there have been a total of 76,343 deaths recorded from 1,569,938 cases.

The United States remains the country with the most recorded deaths at 114,643, ahead of Brazil which on Friday became the second worst-hit nation with 41,828 deaths. Britain is next with 41,481 deaths, followed by Italy (34,223) and France (29,374).

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