Obama Urges Cooperation on Global Threats (Economic Meltdown, Climate, Nuclear in Weekly Address)

[Hissyspit]

Source: Associated Press

Obama urges cooperation on global threats

By PHILIP ELLIOTT – 1 hour ago
WASHINGTON (AP) — President Barack Obama invoked Christian and Jewish holidays on Saturday to urge nations to confront together the challenges he saw firsthand during last week's marathon trip to Europe.

Obama said no single nation can solve the problems stemming from the financial meltdown, climate change and nuclear weapons. Fresh from his first trip overseas as president, Obama asked Americans — and a global audience — to focus on areas of common interest instead of differences. "These are challenges that no single nation, no matter how powerful, can confront alone," Obama said in his weekly radio and Internet address. "The United States must lead the way. But our best chance to solve these unprecedented problems comes from acting in concert with other nations."

Obama pointed to his London meeting with leaders of the G-20 nations — a gathering that represented 85 percent of the global economy — where he pressed for increased regulation and economic stimulus. He also noted his attendance at the NATO summit in France to discuss strategy toward Afghanistan and Pakistan, as well as his speeches against nuclear weapons in the Czech Republic and about faith divisions in Turkey. All are big-picture priorities for the young administration and most have general support among Obama's U.S. constituents.

"With all that is at stake today, we cannot afford to talk past one another. We can't afford to allow old differences to prevent us from making progress in areas of common concern," Obama said. "We can't afford to let walls of mistrust stand. Instead, we have to find — and build on — our mutual interests. For it is only when people come together, and seek common ground, that some of that mistrust can begin to fade. And that is where progress begins."

Read more: http://www.google.com/hostednews/ap/article/ALeqM5iA8-PO2FL6o5HDf_LRSl1lpqDheAD97G6K8O3

[Deja Q]

1. He's right.

I just wish more people would listen, so he wouldn't have to repeat himself, so things COULD get done.

[ShockediSay]

2. If we want cooperation, we are going to have to

undo the recent accounting rules change that allows banks

to pretty much value their toxic asset bogus bonus bait to

whatever these crooks want.

Is Geitner too ingrained in this system?