A Quote by Joseph Kabila
What is the situation today? We have a united country. We have a single currency. We have managed to stabilize the economy, despite difficulties. We could talk all day about all those achievements.
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Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.
My single biggest financial concern is the loss of the dollar as the reserve currency. I can't imagine anything more disastrous to our country. . .you're already seeing things in the markets that are suggesting that confidence in the dollar is waning. . .I think you could see a 25% reduction in the standard of living in this country if the U.S. dollar was no longer the world's reserve currency. That's how valuable it is.
What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.
When we talk about gender pay gaps in the United States, and if you look at women without children, they earn 96 cents for every dollar that a man is earning, while for mothers it is about 76 cents. That's nearly 25 percent less. For single mothers, the situation is even worse. One third of them are living in poverty or just on the edge of poverty. This is an unacceptable situation.
Despite much talk in this land about religious freedom, churches and their schools now confront grave difficulties.
It is very difficult to enter a single currency zone having fairly weak economic parameters and maintain a favourable state of the economy, not to mention positive growth rates. We have witnessed it not only in Europe, but for example in Argentina (nearly 10 years ago or more), when they tied the national currency to the dollar and later they did not know what to do about it.
Contrast the United States with any country on the face of the earth today and ask yourself whether the situation of the United States is not the best to be found.
I'm just gonna talk about being Nigerian-American. I'm gonna talk about being single. I'm gonna talk about what happened to me on the train today. I'm gonna talk about so many other things that, as a comic, you're able to talk about because you see the world in sarcasm.
We're now more than a year since my NSA revelations, and despite numerous hours of testimony before Congress, despite tons of off-the-record quotes from anonymous officials who have an ax to grind, not a single US official, not a single representative of the United States government, has ever pointed to a single case of individualized harm caused by these revelations. This, despite the fact that former NSA director Keith Alexander said this would cause grave and irrevocable harm to the nation.
My father worked with a first-grade education in this country and managed every single day without a hiccup.
I am specifically concerned about the idea that the legislative process is one that gets characterized the way it is as the 'fiscal cliff.' At the end of the day, the United States is the biggest economy in the world, and the dollar is the reserve currency in the world. I think it behooves us to act in a much more responsible way.
One good thing about California is we have quite a broad-based economy. We provide more fruits and vegetables and produce to the United States than any other state. So we have actually the single largest agricultural sector in the country.
I belong to a bowling team with black and Latino coworkers. And when we get together and we talk about politics - I'm almost quoting him - he said, we don't talk about Black Lives Matters. We talk about what matters to our families. We talk about jobs, and we talk about the fate of the country. That is America, and you can reach those people.
The principal role of the President of the United States is the security of the country and participating in trying to stabilize the world.
Our achievements speak for themselves. What we have to keep track of are our failures, discouragements and doubts. We tend to forget the past difficulties, the many false starts, and the painful groping. We see our past achievements as the end results of a clean forward thrust, and our present difficulties as signs of decline and decay.
There are no doubts that, the situation in the country today, indicates that there is much more work to do in the process of reforming the political economy and improving the quality of life of our people and communities.
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