The White House

Office of the Press Secretary

Statement by the President on United States Commitment to Open Investment Policy

The United States reaffirms our open investment policy, a commitment to treat all investors in a fair and equitable manner under the law, and I encourage all countries to pursue such a policy.  My Administration is committed to ensuring that the United States continues to be the most attractive place for businesses to locate, invest, grow, and create jobs.  We encourage and support business investment from sources both at home and abroad.

Investments by foreign-domiciled companies and investors create well-paid jobs, contribute to economic growth, boost productivity, and support American communities.  The United States consistently receives more foreign direct investment than any other country in the world.  By voting with their balance sheets, businesses from abroad have clearly stated that the United States is one of the best places in the world to invest.  This is because we have a strong and open economy, the world’s most productive workforce, a unique culture of innovation and entrepreneurship, remarkable colleges and universities, and a business environment marked by transparency, protection of intellectual property, and the rule of law. 

Inbound investment has long been an important component of our overall economy.  Today, United States subsidiaries of foreign-domiciled companies employ more than 5 million Americans and provide above-average compensation.  These companies invest in innovation here in the United States, spending over $40 billion each year on research and development.  And in many cases the goods and services produced here are sold around the world, contributing to the National Export Initiative goal of doubling exports.

In a global economy, the United States faces increasing competition for the jobs and industries of the future.  Taking steps to ensure that we remain the destination of choice for investors around the world will help us win that competition and bring prosperity to our people.  Consistent with our national security and while ensuring a level playing field for American investors, we will do just that. 

The White House

Office of the Press Secretary

Statement by the President on the Observance of Juneteenth

On this day in 1865, more than two years after President Lincoln signed the Emancipation Proclamation, the word finally came down to slaves in Galveston, Texas, that they were free and entitled to the same “absolute equality of rights” and “right to property” protected under law.

It would take many more years and many more struggles before African-Americans received full and equal treatment under the law.  But today, here and around the world, we commemorate Juneteenth as a time to celebrate the rich heritage and significant contributions of African-Americans, and to recommit ourselves – as Americans – to the enduring pursuit of a more perfect union and to the eternal principles of liberty and justice for all. 

Taking the Time to be a Dad

This morning, President Obama sent the email below to the White House email list in honor of Father's Day. If you didn't get the email, be sure to sign up for the White House email list.

Good morning,

I grew up without a father around. I was lucky enough to be raised by a wonderful mother who, like so many heroic single mothers, never allowed my father's absence to be an excuse for me to slack off or not always do my best. But I often wonder what it would have been like if my father had a greater presence in my life.

So as a father of two young girls, I've tried hard to be a good dad. I haven't always been perfect – there have been times when work kept me away from my family too often, and most of the parenting duties fell to Michelle.

I know many other fathers face similar challenges. Whether you're a military dad returning from deployment or a father doing his best to make ends meet for his family in a tough economy, being a parent isn't easy.

That's why my Administration is kicking off the Year of Strong Fathers, Strong Families. We're joining with dads across the country to do something about father absence. And we're taking steps to offer men who want to be good fathers but are facing challenges in their lives a little extra support, while partnering with businesses to offer fun opportunities for fathers to spend time with their kids. For example, the Association of Zoos and Aquariums, Major League Baseball and the WNBA are offering discounts for fathers and their kids, and companies like Groupon and LivingSocial will be featuring special offers for activities fathers can do with their children.

You can learn more and sign the Fatherhood Pledge at Fatherhood.gov:

We know that every father has a personal responsibility to do right by their kids – to encourage them to turn off the video games and pick up a book; to teach them the difference between right and wrong; to show them through our own example the value in treating one another as we wish to be treated. And most of all, to play an active and engaged role in their lives.

But all of us have a stake in forging stronger bonds between fathers and their children. All of us can support those who are willing to step up and be father figures to those children growing up without a dad. And that's what the Year of Strong Fathers, Strong Familiesis all about.

So I hope the dads out there will take advantage of some of the opportunities Strong Fathers, Strong Families will offer. It's one way of saying thank you to those who are doing the most important job of all: playing a part in our children's lives.

Happy Father's Day.

Sincerely,

President Barack Obama

P.S. Earlier this week, I did a TV interview and wrote an op-ed on this topic. You can see both on WhiteHouse.gov.

Related Topics: Working Families

The White House

Office of the Press Secretary

President Obama Signs Nebraska Emergency Declaration

The President today declared an emergency exists in the State of Nebraska and ordered Federal aid to supplement State and local response efforts in the area struck by flooding beginning on June 17, 2011, and continuing.

The President's action authorizes the Department of Homeland Security, Federal Emergency Management Agency (FEMA), to coordinate all disaster relief efforts which have the purpose of alleviating the hardship and suffering caused by the emergency on the local population, and to provide appropriate assistance for required emergency measures, authorized under Title V of the Stafford Act, to save lives and to protect property and public health and safety, and to lessen or avert the threat of a catastrophe in the counties of Boyd, Burt, Cass, Cedar, Dakota, Dixon, Douglas, Garden, Knox, Lincoln, Morrill, Nemaha, Otoe, Richardson, Sarpy, Scotts Bluff, Thurston, and Washington.

Specifically, FEMA is authorized to identify, mobilize, and provide at its discretion, equipment and resources necessary to alleviate the impacts of the emergency.  Emergency protective measures, limited to direct Federal assistance, will be provided at 75 percent Federal funding.

W. Craig Fugate, Administrator, Federal Emergency Management Agency (FEMA), Department of Homeland Security, named Michael L. Parker as the Federal Coordinating Officer for Federal recovery operations in the affected area.

FOR FURTHER INFORMATION CONTACT:  FEMA (202) 646-3272.

Photo: President Obama and Speaker Boehner on the Green

Today, President Obama and Vice President Biden played golf with Speaker Boehner and Governor Kasich at Andrews Air Force Base. Check out the photos.

President Barack Obama lines up his putt as he plays a round of golf with House Speaker John Boehner

President Barack Obama lines up his putt as he plays a round of golf with House Speaker John Boehner, background, Vice President Joe Biden and Ohio Gov. John Kasich at the Courses at Andrews at Joint Base Andrews, Maryland, Saturday, June 18, 2011. (Official White House Photo by Samantha Appleton)

After playing a round of golf, President Barack Obama has a drink with Vice President Joe Biden

After playing a round of golf, President Barack Obama has a drink with Vice President Joe Biden, Speaker of the House John Boehner, and Ohio Gov. John Kasich, at Joint Base Andrews, June 18, 2011. (Official White House Photo by Pete Souza)

Related Topics: Maryland, Ohio

The White House

Office of the Press Secretary

Weekly Address: Celebrating Father's Day

WASHINGTON – In his weekly address, President Obama reflected on Father’s Day and his experience as a parent and discussed the challenges and necessity of being a good father. The President knows that many Americans who want to be better fathers lack the resources to spend quality time with their children, so the White House has fostered new partnerships with businesses in an effort to support bonding opportunities for fathers and their families. While the President recognizes that fatherhood is demanding and often trying, especially during a time of economic struggle and when many Americans are serving our country overseas, he reminds parents that above all, children need unconditional love, whether they succeed or make mistakes; when life is easy and when life is tough. So as President Obama continuously strives to be the best father he can be, he calls on fathers across the country to do the same. 

Remarks of President Barack Obama
Weekly Address
June 18, 2011

Hi, everybody.  This Father’s Day weekend, I’d like to spend a couple minutes talking about what’s sometimes my hardest, but always my most rewarding job – being a dad.

I grew up without my father around. He left when I was two years old, and even though my sister and I were lucky enough to have a wonderful mother and caring grandparents to raise us, I felt his absence.  And I wonder what my life would have been like had he been a greater presence.

That’s why I’ve tried so hard to be a good dad for my own children.  I haven’t always succeeded, of course – in the past, my job has kept me away from home more often than I liked, and the burden of raising two young girls would sometimes fall too heavily on Michelle.

But between my own experiences growing up, and my ongoing efforts to be the best father I can be, I’ve learned a few things about what our children need most from their parents.

First, they need our time.  And more important than the quantity of hours we spend with them is the quality of those hours.  Maybe it’s just asking about their day, or talking a walk together, but the smallest moments can have the biggest impact.

They also need structure, including learning the values of self-discipline and responsibility. Malia and Sasha may live in the White House these days, but Michelle and I still make sure they finish their schoolwork, do their chores, and walk the dog.

And above all, children need our unconditional love – whether they succeed or make mistakes; when life is easy and when life is tough.

And life is tough for a lot of Americans today.  More and more kids grow up without a father figure.  Others miss a father who’s away serving his country in uniform.  And even for those dads who are present in their children’s lives, the recession has taken a harsh toll.  If you’re out of a job or struggling to pay the bills, doing whatever it takes to keep the kids healthy, happy and safe can understandably take precedence over all else.

That’s why my administration has offered men who want to be good fathers a little extra support.  We’ve boosted community and faith-based groups focused on fatherhood, partnered with businesses to offer opportunities for fathers to spend time with their kids at the bowling alley or ballpark, and worked with military chaplains to help deployed dads connect with their children.

We’re doing this because we all have a stake in forging stronger bonds between fathers and their children.  And you can find out more about some of what we’re doing at Fatherhood.gov.

But we also know that every father has a personal responsibility to do right by our kids as well. All of us can encourage our children to turn off the video games and pick up a book.  All of us can pack a healthy lunch for our son, or go outside and play ball with our daughter.  And all of us can teach our children the difference between right and wrong, and show them through our own example the value in treating one another as we wish to be treated.

Our kids are pretty smart.  They understand that life won’t always be perfect, that sometimes, the road gets rough, that even great parents don’t get everything right.

But more than anything, they just want us to be a part of their lives.

So recently, I took on a second job: assistant coach for Sasha’s basketball team.  On Sundays, we’d get the team together to practice, and a couple of times, I’d help coach the games.  It was a lot of fun – even if Sasha rolled her eyes when her dad voiced his displeasure with the refs.

But I was so proud watching her run up and down the court, seeing her learn and improve and gain confidence.  And I was hopeful that in the years to come, she’d look back on experiences like these as the ones that helped define her as a person – and as a parent herself.       

In the end, that’s what being a parent is all about – those precious moments with our children that fill us with pride and excitement for their future; the chances we have to set an example or offer a piece of advice; the opportunities to just be there and show them that we love them.

That’s something worth remembering this Father’s Day, and every day.

Thanks, and Happy Father’s Day to all the dads out there.  Have a great weekend.

Weekly Address: Celebrating Fathers

June 18, 2011 | 4:28 | Public Domain

On Father's Day weekend, President Obama reflects on his experience as a parent and discusses the challenges and necessity of being a good father.

Download mp4 (157MB) | mp3 (4MB)

Read the Transcript

Weekly Address: Celebrating Father's Day

WASHINGTON – In his weekly address, President Obama reflected on Father’s Day and his experience as a parent and discussed the challenges and necessity of being a good father. The President knows that many Americans who want to be better fathers lack the resources to spend quality time with their children, so the White House has fostered new partnerships with businesses in an effort to support bonding opportunities for fathers and their families. While the President recognizes that fatherhood is demanding and often trying, especially during a time of economic struggle and when many Americans are serving our country overseas, he reminds parents that above all, children need unconditional love, whether they succeed or make mistakes; when life is easy and when life is tough. So as President Obama continuously strives to be the best father he can be, he calls on fathers across the country to do the same. 

Remarks of President Barack Obama
Weekly Address
June 18, 2011

Hi, everybody.  This Father’s Day weekend, I’d like to spend a couple minutes talking about what’s sometimes my hardest, but always my most rewarding job – being a dad.

I grew up without my father around. He left when I was two years old, and even though my sister and I were lucky enough to have a wonderful mother and caring grandparents to raise us, I felt his absence.  And I wonder what my life would have been like had he been a greater presence.

That’s why I’ve tried so hard to be a good dad for my own children.  I haven’t always succeeded, of course – in the past, my job has kept me away from home more often than I liked, and the burden of raising two young girls would sometimes fall too heavily on Michelle.

But between my own experiences growing up, and my ongoing efforts to be the best father I can be, I’ve learned a few things about what our children need most from their parents.

First, they need our time.  And more important than the quantity of hours we spend with them is the quality of those hours.  Maybe it’s just asking about their day, or talking a walk together, but the smallest moments can have the biggest impact.

They also need structure, including learning the values of self-discipline and responsibility. Malia and Sasha may live in the White House these days, but Michelle and I still make sure they finish their schoolwork, do their chores, and walk the dog.

And above all, children need our unconditional love – whether they succeed or make mistakes; when life is easy and when life is tough.

And life is tough for a lot of Americans today.  More and more kids grow up without a father figure.  Others miss a father who’s away serving his country in uniform.  And even for those dads who are present in their children’s lives, the recession has taken a harsh toll.  If you’re out of a job or struggling to pay the bills, doing whatever it takes to keep the kids healthy, happy and safe can understandably take precedence over all else.

That’s why my administration has offered men who want to be good fathers a little extra support.  We’ve boosted community and faith-based groups focused on fatherhood, partnered with businesses to offer opportunities for fathers to spend time with their kids at the bowling alley or ballpark, and worked with military chaplains to help deployed dads connect with their children.

We’re doing this because we all have a stake in forging stronger bonds between fathers and their children.  And you can find out more about some of what we’re doing at Fatherhood.gov.

But we also know that every father has a personal responsibility to do right by our kids as well. All of us can encourage our children to turn off the video games and pick up a book.  All of us can pack a healthy lunch for our son, or go outside and play ball with our daughter.  And all of us can teach our children the difference between right and wrong, and show them through our own example the value in treating one another as we wish to be treated.

Our kids are pretty smart.  They understand that life won’t always be perfect, that sometimes, the road gets rough, that even great parents don’t get everything right.

But more than anything, they just want us to be a part of their lives.

So recently, I took on a second job: assistant coach for Sasha’s basketball team.  On Sundays, we’d get the team together to practice, and a couple of times, I’d help coach the games.  It was a lot of fun – even if Sasha rolled her eyes when her dad voiced his displeasure with the refs.

But I was so proud watching her run up and down the court, seeing her learn and improve and gain confidence.  And I was hopeful that in the years to come, she’d look back on experiences like these as the ones that helped define her as a person – and as a parent herself.       

In the end, that’s what being a parent is all about – those precious moments with our children that fill us with pride and excitement for their future; the chances we have to set an example or offer a piece of advice; the opportunities to just be there and show them that we love them.

That’s something worth remembering this Father’s Day, and every day.

Thanks, and Happy Father’s Day to all the dads out there.  Have a great weekend.

Close Transcript

Weekly Address: Celebrating Fathers

On Father's Day weekend, President Obama reflects on his experience as a parent and discusses the challenges and necessity of being a good father.

Transcript | Download mp4 | Download mp3

The White House

Office of the Press Secretary

President Obama Signs Montana Disaster Declaration

The President today declared a major disaster exists in the State of Montana and ordered Federal aid to supplement State and local recovery efforts in the area struck by severe storms occurring on April 3, 8, 22, 26, and 30, 2011, and on May 9-10, 18-21, and 30, 2011, and flooding resulting from those storms beginning on April 4, 2011, and continuing.

Federal funding is available to State and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and the repair or replacement of facilities damaged by the severe storms and flooding in the counties of Big Horn, Blaine, Broadwater, Carbon, Carter, Cascade, Chouteau, Custer, Dawson, Fallon, Fergus, Garfield, Golden Valley, Hill, Judith Basin, McCone, Meagher, Musselshell,  Petroleum, Phillips, Powder River, Prairie, Roosevelt, Rosebud, Stillwater, Sweet Grass,  Treasure, Valley, Wheatland, Wibaux, and Yellowstone, and the Crow, Fort Belknap, Northern Cheyenne, and Rocky Boy’s Reservations.

Federal funding is also available on a cost-sharing basis for hazard mitigation measures for all counties and Tribes within the State.

W. Craig Fugate, Administrator, Federal Emergency Management Agency (FEMA), Department of Homeland Security, named Douglas G. Mayne as the Federal Coordinating Officer for Federal recovery operations in the affected area.

FEMA said additional designations may be made at a later date if requested by the State and warranted by the results of further damage assessments.

FOR FURTHER INFORMATION CONTACT:  FEMA (202) 646-3272.

Weekly Wrap Up: The Campaign to Cut Waste

A quick look at the week of June 13th, on Whitehouse.gov:

Cutting Government Waste: This week the President announced a new effort to eliminate government waste and help improve Government accountability. 

Watch the video about the Campaign to Cut Waste here.

West Wing Week: The President meets with his Jobs Council in North Carolina, tours a high-tech manufacturing facility, travels abroad and much much more.

Happy Early Father's Day: Take a look at the revamped Fatherhood.gov, as well as the President's message of Strong Fathers, Strong Families.

There's an app for that: The EPA challenges developers to manipulate public data into a useable form - winners will be publicized on the EPA website. More info here.

Related Topics: Economy, North Carolina