This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

At Inauguration, Obama Delivers Call to Action

WASHINGTON ( TheStreet) -- President Obama ceremonially took the oath of office Monday and delivered a call to action to extend opportunity and equality to all Americans.

The 44th president of the U.S. welcomed his second term by calling on Americans to extend the rights outlined in the Constitution:

"That is our generation's task -- to make these words, these rights, these values of life and liberty and the pursuit of happiness real for every American," he said in his inaugural speech.

Obama began on a unifying note, saying that what ties together Americans is their shared allegiance to those rights.

He also acknowledged the historical suspicion of federal government among many Americans.

"Through it all, we have never relinquished our skepticism of central authority, nor have we succumbed to the fiction that all society's ills can be cured through government alone," he said.

Yet, in his calls to realize the promise of the Constitution in the present day, Obama made clear his vision of a prominent role for government in society.

"But we have always understood that when times change, so must we; that fidelity to our founding principles requires new responses to new challenges; that preserving our individual freedoms ultimately requires collective action," Obama said.

The address also offered examples of the issues his second administration is likely to take on: gay marriage, gun control, sustainable energy, equal pay for women and immigration reform.

The president also made explicit rebuffs to conservatives, with whom he battled fiercely in his first term.

"The commitments we make to each other through Medicare and Medicaid and Social Security, these things do not sap our initiative, they strengthen us," he said. "They do not make us a nation of takers; they free us to take the risks that make this country great."

In his call to action, Obama appeared to be referring to the partisan bickering that paralyzed Washington at times during his first term -- particularly on discussions about the budget and debt ceiling -- and have eroded public trust in politicians.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $118.88 0.00%
FB $105.74 0.00%
GOOG $748.28 0.00%
TSLA $218.25 0.00%
YHOO $32.96 0.00%


Chart of I:DJI
DOW 17,812.19 +19.51 0.11%
S&P 500 2,089.14 +2.55 0.12%
NASDAQ 5,102.8080 +0.33 0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs