Make a profit on these general lost making because it has to repay the interest. Let me cut you off, because i think youre right. In fact, i know youre right. I believe youre right. You have used china, which is an example im concerned about. What you mentioned. It is a controlled economy or cement my close economy. What japan was going through what they went through with the Prime Minister was put in place. They didnt do any of those things. You looked like you were getting ready to go down the road. Precisely japan is the prime case i would take of a country that is deliberately cheaping the currency by printing a large amount of money. What we have they started this process at the beginning of 2013, weve seen a 20 depreciation of the yen, which is the way in which theyre getting inflation to reemerge in japan and getting the economy to grow through increasing their exports. So this is a country that is deliberately using Monetary Policy. Theyre not going to say its the object. Its b
I know it is equal pay day and not obamacare day, but i do want to point out that the Affordable Care act guarantees Preventative Care like mammograms and contraception care and end the days when you could be charged more just for being a woman when it comes to your Health Insurance. [applause] thats true for everybody. Thats just one more place where things were not fair. We will talk about dry cleaners next. [laughter] [applause] i dont know why it costs more for michelles dress down my shirt. Thatve to make sure America Works for everybody. Harddy willing to work should be able to get ahead. We have to build an economy that works for everybody, not just those at the top. Restoring opportunity for all has to be the priority. Thats what america is about. Doesnt matter where you started out, what you look like. You work hard and you take responsibility. You make the effort. You should be able to get ahead. We have to fight for the opportunity agenda. Training americans to make sure tha
It doesnt have to be this way. But it will be this way if russia continues down this provocative path. In my conversation yesterday with foreign minister lavrov, we agreed to meet soon in europe. Next week. With ukraine, and our european partners, to discuss deescalation deescalation, demobilization, inclusivity, support for elections, and constitutional reform. And it is not in our judgment a small matter that russia has agreed to sit in this fourparty status with ukraine at the table in an effort to try to forge the road ahead. Between now and then we have made it clear that russia needs to take concrete steps to disavow separatist actions in eastern ukraine. Pull back its forces outside the country which they say they have begun to do with the movement of one battalion and demonstrate that they are prepared to come to these discussions to do what is necessary to deescalate. So russia has a choice. To work with the International Community to help build an independent ukraine that cou
I also just received a huge honor of being selected National High School Principal of the year. Worcester is the second largest city in new england and worcester tech this the largest high school in a city. With 1400 students in 24 different tactical programs within for small learning communities. 63 of our students qualify for free or reduced lunch, 19 our special ed and ethnic background reflects the citys demographics. We were the lowest performing high school in our city and one of the poorest performing vocational schools in our state. Presently we have a 92 first time passing rate in englishlanguage arts, 84 in math, 96 insights, and last year 96. 4 of our students graduate in four years. The achievement gap has decreased significantly and in some groups it is nonexistent. Students who prepare for success with a rigorous curriculum including a variety of advanced placement courses that combines academic with handson experience in school and the workplace through internship and co
We ended up jumping in syrias lap. We now sit in the back of the bus as iran and russia really drive policy in syria. One of your assistants was up here a few weeks ago and made some really reckless comments about a military strategy, if you will, in syria, and said that they would brief us. Weve had no briefing. Its been two weeks. And as the chairman mentioned, instead of that we read about something last night in the wall street journal relative to disputes between you and the pentagon. And i do hope today that you will lay out clearly for us in this open setting what our strategy is in syria and hopefully its not just allowing people to kill each other. Since chemical weapons were used another 50,000 people have been killed. Barrel bombs are being dropped indiscriminately on populations there. Assad is dragging his feet on alleviating the chemical weapons, because you knows that that prolongs his survival and continues to allow us, russia, and iran, to prop him up. So i know there