Welcome to Operation Reach B.L.A.C.K.

Operation Reach B.L.A.C.K. is a Pan-African Blog with an acronym that stands for Building Leadership Awareness and Cultural Knowledge.

The goal of this blog is to become a "Blog of Black Thought" focusing on matters of social, economic and political awareness through education (re-education), self-affirmation and cultural expression. Above all, this blog will DEMAND respect and appreciation for one another as black men and women.

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Saturday, December 8, 2012

President Obama's Weekly Address (12/8/12)

On fiscal negotiations, President Obama talks higher tax rates for wealthy: "That's one principle I won't compromise on"

President Obama continued his weeks-long campaign to extend middle-class tax cuts while also pursuing higher rates for the most wealthy Americans. In his weekly address, President Obama made it very clear that higher rates for the wealthy is a sticking point for any deal that comes across his desk:

"But if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy - and if we're serious about protecting middle-class families - then we're also going to have to ask the wealthiest Americans to pay higher tax rates. That's one principle I won't compromise on.

After all, this was a central question in the election. A clear majority of Americans - Democrats, Republicans and Independents - agreed with a balanced approach that asks something from everyone, but a little more from those who can afford it the most. It's the only way to put our economy on a sustainable path without asking even more from the middle class. And it's the only kind of plan I'm wiling to sign."

President Obama's Weekly Address:

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