We can't wait

Many have opposed Obamas $447 Jobs bill, especially the republicans sitting in Congress. Some sources have called it Uberous (or Ourborous) which is an ancient symbol of the snake eating its own tail. In ages past it represented a myriad of arcane philosophies, but today it is also known as a symbol for one who is his own most dangerous enemy, while others approve every bit. I found it a bit entertaining that sources have compared Obama’s jobs bill to Uberous.

Obama’s had enough of the negativity he’s facing and he is no longer willing to wait for congress to take action. He’s said to be willing to take matters into his own hands and cut the fat from the process of getting this bill signed. Sources say that he will be using his executive- branch powers to tackle housing, education, health care, and other economic issues within the next coming month so that America knows he’s serious about the success of our nation. As written by Jackie Calms of the New York Times, by resorting to executive actions, using his wide-ranging authority to oversee federal laws and agencies, Mr. Obama seems intent on showing that he is not powerless in the face of Republican opposition but is trying to strengthen the economy and help Americans in trouble.

Aides have said Mr. Obama would announce at least one initiative each week through the rest of the year.

• This month the administration expedited approval of payments to small businesses with government contracts.

• Steps will be taken towards helping returning veterans and small businesses.

• He has announced waivers for states with schools falling short of the proficiency standards of the 2002 No Child Left Behind education law

• On Wednesday in Denver, Mr. Obama will announce policy changes to ease college graduates’ repayment of federal loans, seeking to alleviate the financial concerns of students considering college at a time when states are raising tuition.

• Obama is also going to announce a housing proposal in Las Vegas that is rooted in the independent Federal Housing Finance Agency, which is the office created to oversee the government- sponsored housing finance companies like Fannie Mae and Freddie Mac which claimed bankruptcy during the financial crisis of 2008.

• Initiatives are expected to change eligibility standards for the three-year-old Home Affordable Refinance Program to encourage new, lower-cost loans to more homeowners who owe more on their mortgages than their properties are worth.

Vice President Joseph R. Biden Jr., in a CNN appearance on Sunday, said the administration would continue to work with federal agencies “to loosen restrictions on the ability to refinance” and also press the banks, “so they can get in the business of actually doing what we think they should have been doing much more of, and that is sitting down and renegotiating with people who are about to go under.”
This is all part of Obama’s new “We can’t wait” campaign, which is designed as a new phase in his effort to pass the jobs bill. WE can see that’s he’s very serious about the bill and sees a better America with its advancements. The question is why are republicans so reluctant to pass the bill when polls show overwhelming support for pieces of the bill. Support for the bill is aimed primarily towards tax cuts for workers and employers, spending for infrastructure projects and for state aids to keep teachers and emergency responders at work. All we can do is wait and see. . . Tune in soon and I’ll discuss some more.