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"Our march is not yet finished," President Obama commemorates Selma 50 years on
Walking in the footsteps of the Selma marchers, President Obama said that America #39;s racial history still casts a long shadow. Fifty years on from the civil rights rally in Alabama, he alluded...

By: euronews (in English)

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"Our march is not yet finished," President Obama commemorates Selma 50 years on - Video

Obama erinnert an den "Bloody Sunday

By: film

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Obama erinnert an den "Bloody Sunday - Video

Ben Carson Thinks Obama May Be Guilty Of Treason
Potenital presidential hopeful Dr. Ben Carson suggested Monday that President Barack Obama could be guilty of treason in the event of a Department of Homel. Dr. Ben Carson while appearing...

By: Kont Almis

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Ben Carson Thinks Obama May Be Guilty Of Treason - Video

President Obama acknowledged Monday that he is considering arming Ukraines military if a diplomatic push fails to yield a cease-fire with Russia-backed separatists, but he sounded skeptical that sending weapons would defuse the conflict that has killed more than 5,000 people.

In a news conference with German Chancellor Angela Merkel, Obama said that months of diplomacy and economic sanctions had not turned Russian President Vladimir Putin from following the course that he is on. But Obama also was wary of the most-discussed alternative: sending weapons to the outgunned Ukrainian army.

Can we be certain that any lethal aid that we provide Ukraine is used properly, doesn't fall into the wrong hands, does not lead to over-aggressive actions that can't be sustained by the Ukrainians? Obama said. What kinds of reactions does it prompt, not simply from the separatists, but from the Russians? Those are all issues that have to be considered.

The measure by which I make these decisions is, Is it more likely to be effective than not?

The president said he had not decided whether to arm Ukraine and tried to emphasize that, for now, the West is united behind sanctions and another round of negotiations. The leaders of Russia and Ukraine are slated to meet, along with their French and German counterparts, for more talks Wednesday in Belarus.

Despite the professed unity, the question of arming Ukraine has revealed increasing divisions among Western allies. Some key officials, including Obamas pick to be the next Defense secretary, have said they are open to sending arms to help Ukraine push back against the separatists. Merkel, however, has been unequivocal in her opposition to such a plan.

Merkel said Monday that she plans to put all our efforts in bringing about a diplomatic solution.

The leaders vowed that they would not stand idle and simply allow the borders of Europe to be redrawn at the barrel of the gun, Obama said.

Obama and Merkel met privately for a series of discussions initially aimed at sketching out an agenda for the Group of 7 summit of world leaders in Germany in June. But the escalating crisis in Ukraine dominated the morning talks, Obama said.

Despite a steadily ramped-up regimen of sanctions that have helped to weaken his countrys economy, Putin has for months rejected calls to withdraw support for separatist groups fighting to join Russia in eastern Ukraine.

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Obama says he is considering arming Ukraine but appears reluctant

President Obama proposed tougher regulations on investment brokers who handle retirement funds, saying it is time to curb hidden fees, "backdoor" payments and conflicts of interest that can cost middle-class Americans tens of thousands of dollars in retirement savings.

Diving into another likely clash with a Republican-led Congress, Obama on Monday billed his proposed rules a revival of an effort quashed amid industry opposition four years ago as part of his renewed focus on a populist economic message.

He dished out tough criticism of financial advisors who are "bilking" clients for their own benefit and selling "snake oil." He delivered the message while standing with consumer advocates, retirees and Sen. Elizabeth Warren (D-Mass.), a favorite among liberals for her efforts to reform the financial system.

"We've got a lot more work to do to make sure the recovery reaches every single American out there and not just those at the top," Obama said in remarks delivered at the headquarters of seniors advocacy group AARP.

The proposed rules, which the administration can enact without congressional approval, would require some financial advisors to act as what the law calls fiduciaries for their clients. That would require them to put the client's interests ahead of other factors, such as their own compensation or company profits, when recommending or selling investments.

The reforms, long backed by many consumer groups, are designed to crack down on advisors who steer investors to products that provide hidden payments or generate higher fees for the advisor but do not necessarily provide the best returns.

Currently, advisors are required to recommend "suitable" investments for clients, but that standard leaves considerable room for abuses, according to consumer advocates.

A report released Monday by Obama's Council of Economic Advisors estimated that investors receiving "conflicted advice" earn lower returns by roughly 1 percentage point a year than other investors.

That adds up to roughly $17 billion in lost returns in individual retirement accounts each year, the report said. Over time, the losses can build to tens of thousands of dollars for the average worker.

Financial services industry officials disputed those estimates and said new rules would require changes to their compensation structure that would undermine their business model. Professional guidance would become more expensive and out of reach for average investors, they warned.

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Obama proposes tougher rules for retirement fund advice