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Obama's Speech April 12, 2011

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My Fellow Americans -

Today marks the second business day that the federal government is unable to function due to the absence of a continuing funding resolution.  In plain English this means that your govenrment has no power to spend money. Your governmental offices are closed.  Government payments like social security checks, medicare reimbursements to doctors and hospitals, tax refunds are not going out.  Only bare necessities, like law enforcement and military actions remain ongoing.  You cannot get a passport or a government permit today.  VA hospitals are short staffed and defense manufacturing has been drastically reduced.  On Monday, the Dow Jones fell by 1,100 points.  Today as I speak, it is down another 560.


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