America, This Is Your Presidente!!!

Congressional Criminals? Are you paying attention?  Is this how an American president leads or is this how a foreign presidente manages the decline?

The oil leak progresses, Iran has decided to jump into the Gaza aid drive, Turkey is going sideways…and what is the pRetender doing just days after hanging out with Paul McCartney?

From DrudgeReport:

OBAMA OFF TO THE THEATER
Sent: Sun Jun 06 18:06:32 2010
Subject: pool report #1

Reception in the East Room prior to performance at Ford’s Theatre

Print pool only was ushered into the East Room about 5:20 p.m. where many elegant ladies in long dresses and men in tuxedos were standing sipping drinks and eating small finger food. Transportation Secretary Ray LaHood came over to say hello to the pool but the president and first lady were announced before there was any real conversation. A few faces spotted in the crowd, Senate Majority Leader Harry Reid and Rep. John Dingell and his wife.

The president and first lady walked in and gave brief remarks to the crowd, but pooler was unable to actually see them because everyone was standing. We’re headed over to Ford’s Theatre shortly and should be able to see then what FLOTUS is wearing.

Remarks: The president welcomed everyone to the White House. He thanked the performers for taking time out of their busy schedules, as well as cabinet officials and members of Congress, including Sen. Reid.

Tonight is about celebrating the great work of Ford’s Theatre and what it has done to preserve the legacy of presidents and highlight the importance of the arts and education in our lives and the life of our nation. “In many ways it’s impossible to separate the history of America from the history of its music and its spoken word. Soldiers have sung as they’ve marched to war and raised their voices again while laying the burden to rest.”

Lyrics on a page and voices on a stage have helped make us across generations and across cultures, backgrounds, and faiths. Great leaders including Lincoln himself have drawn inspiration and courage from the arts. “And on a personal note, they helped each of us express the joys and hardships of life while bringing us closer to each other.”

This is especially true during moments of trial. The president said there have been a lot of trials over the past year and a half. Now, there are brothers and sisters in the Gulf Coast who are going through an incredibly difficult time in the face of a disaster unlike any we’ve seen of late. “I want to emphasize again that we’re going to do everything we can in the weeks and months and years ahead to make this right,” and everyone here feels the same way.

But tonight, we will celebrate not only music, song, and performances, but also the incredible legacy of Ford’s Theatre and some award recipients who have done some much to help others in this country and around the world.

Pool was ushered out about 5:26 p.m.

According to the Ford’s Theatre website, the event tonight is described as follows:

Ford’s Theatre Society will host its annual gala on Sunday, June 6, 2010, at Ford’s Theatre (511 10th Street NW). The evening’s performance, titled “America Celebrates July 4th at Ford’s Theatre,” will be taped for broadcast on the ABC Television Network to air July 2, 2010 (9:00-10:00 p.m. ET). Modern Family cast member Ty Burrell hosts a star-studded program with appearances by Kelly Clarkson, Renee Fleming, George Lopez, Lionel Richie, Robin Roberts, Dick Van Dyke, Laura Michelle Kelly and Gavin Lee from the Broadway Company of “Mary Poppins,” the Soldiers’ Chorus of the United States Army Field Band, and cast members from the Ford’s Theatre production of “Little Shop of Horrors.”

Sent: Sun Jun 06 19:28:59 2010
Subject: pool report #2

Motorcade rolled at 6:56 p.m. and arrived without incident at Ford’s Theatre at 7:00 p.m. sharp. Pool was led past a large white tent in the street and a red carpet leading to the front door. We are holding in the lobby of the theatre with two large-screen television sets showing the live performance within.

The president and first lady were announced and walked to their seats at front row center. FLOTUS is wearing a stunning silver strapless dress with a large crystal necklace with what looks like two small fabric bows on either side. Designer unknown to pooler.

The programme for tonight’s performance was just handed out:

Ty Burrell, welcome
Kelly Clarkson, “Everybody Got Their Something” and “Way Over Yonder”
George Lopez
From the Ford’s Theatre production of Little Shop of Horrors
Christopher Kale Jones and Jenna Coker-Jones, “Suddenly, Seymour”
Soldiers’ Chorus of the United States Army Field Band
“My Country, ‘Tis of Thee” and “America the Beautiful” Robin Roberts, family life in the White House
Dick Van Dyke and The Vantastix, “Chitty Chitty Bang Bang Medley”
Lionel Richie, “Three Times a Lady” and “All Night Long” with the Joyce Garrett Celebration Singers

INTERMISSION

Presentation of the Lincoln Medals
Renee Fleming, “Soul Meets Body” and “In Your Eyes”
Cast members from Disney and Cameron Mackintosh’s Broadway musical Mary Poppins
Laura Kelly and Gavin Lee, “Supercalifragilisticexpialidocious”
From the Broadway musical Memphis Montego Glover, “Colored Woman”
General Colin Powell, a special tribute Renee Fleming, Soldiers’ Chorus of the United States Army Field Band, Bill Conti and the Spirit of America Orchestra with the Entire Company “Battle Hymn of the Republic”

Meanwhile, in completely related news that someone besides the average American should be paying attention to (but they aren’t)…

From Bloomberg:

U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day

By Garfield Reynolds and Wes Goodman

June 4 (Bloomberg) — President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.”

The CHART OF THE DAY tracks U.S. gross domestic product and the government’s total debt, which rose past $13 trillion for the first time this month. The amount owed will surpass GDP in 2012, based on forecasts by the International Monetary Fund. The lower panel shows U.S. annual GDP growth as tracked by the IMF, which projects the world’s largest economy to expand at a slower pace than the 3.2 percent average during the past five decades.

“Over the long term, interest rates on government debt will likely have to rise to attract investors,” said Hiroki Shimazu, a market economist in Tokyo at Nikko Cordial Securities Inc., a unit of Japan’s third-largest publicly traded bank. “That will be a big burden on the government and the people.”

Gross, who runs the world’s largest mutual fund at Pacific Investment Management Co. in Newport Beach, California, said in his June outlook report that “the debt super cycle trend” suggests U.S. economic growth won’t be enough to support the borrowings “if real interest rates were ever to go up instead of down.”

Dan Fuss, who manages the Loomis Sayles Bond Fund, which beat 94 percent of competitors the past year, said last week that he sold all of his Treasury bonds because of prospects interest rates will rise as the U.S. borrows unprecedented amounts. Obama is borrowing record amounts to fund spending programs to help the economy recover from its longest recession since the 1930s.

“The incremental borrower of funds in the U.S. capital markets is rapidly becoming the U.S. Treasury,” Boston-based Fuss said. “Do you really want to buy the debt of the biggest issuer?”