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Obama Says No More Outsourcing

27 Feb

American firms will not be able to get tax free breaks if they outsource jobs to countries like india,china,philippines etc.U.S president obama said this on tuesday night.

He said “We will restore a sense a fairness and balance to our tax code” .More than 1000 U.S firms which have outsourced their jobs will be affected by this move of obama .Opposition parties have been demanding the abolition of this rule for a long time saying it was encouraging american companies to send their jobs overseas.

Some of the major companies which have outsourced their jobs are Microsoft,motorola,pepsico,ibm,honeywell.In his speech obama gave hope to all the american’s who are facing a state of crisis which they have never faced before but this rule will adversely affect countries like india where most of the people have now only started to prefer private companies more than government jobs.

And the most of the private companies are dependent on projects which are outsourced from the U.S and this may increase unemployment in countries like india.Obama in his speech said clearly that “While our economy may be weakened and our confidence shaken ,though we are living through difficult and uncertain times,tonight i want every american to know this: we will rebuild,we will recover“.

He said i will do all it takes to help the small businesses that can’t pay its staff and dropping out of high school is no more an option and by 2020 america will once again have the highest proportion of college graduates in the world.Obama is going to pass the budget proposal on thursday.

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Barack Obama

18 Feb

Barack Hussein Obama is the 44th and current President of the United States. He is the first African American to hold the office. Obama was the junior United States Senator from Illinois from 2005 until he resigned following his election to the presidency.Obama is a graduate of Columbia University and Harvard Law School, where he was the first African American president of the Harvard Law Review. He worked as a community organizer in Chicago prior to earning his law degree, and practiced as a civil rights attorney in Chicago before serving three terms in the Illinois Senate from 1997 to 2004. He also taught Constitutional Law at the University of Chicago Law School from 1992 to 2004. Following an unsuccessful bid for a seat in the U.S. House of Representatives in 2000, Obama was elected to the Senate in November 2004. Obama delivered the keynote address at the Democratic National Convention in July 2004.barack-obama-by-christopher-wink-mar-20081

Detailed info:

Gender:
Male
Relationship Status:
Married to
Michelle Obama
Birthday:
August 4, 1961
Religious Views:
Christian
Interests:
Basketball, writing, spending time w/ kids
Favorite Music:
Miles Davis, John Coltrane, Bob Dylan, Stevie Wonder,
Johann Sebastian Bach (cello suites), and The Fugees
Favorite Movies:
Casablanca, Godfather I & II, Lawrence of Arabia and
One Flew Over the Cuckoo’s Nest
Favorite Books:
Song of Solomon (Toni Morrison), Moby Dick,
Shakespeare’s Tragedies, Parting the Waters, Gilead (Robinson), Self-Reliance (Emerson), The Bible, Lincoln’s Collected Writings
Favorite TV Shows:
Sportscenter
Favorite Quotations:
“The Arc of the moral universe is long, but it bends
towards justice.” (MLK)

Work Info

Position:
President of the United States
Time Period:
January 2009 – Present

Employer:
United States Senate
Position:
Senator
Time Period:
January 2005 – November 2008

Education Info

Grad School:

* Harvard ’91
Law

Colleges:

* Columbia ’83
Political Science, with a concentration in International Relations
Occidental ’83

Contact Info
Phone:
8666752008