This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

Obama to Seek Backing From Congress to Use Force in Syria

NEW YORK ( TheStreet) -- In an address to the American people from the Rose Garden, President Barack Obama said Saturday that he would seek authorization from Congress to use military force in Syria, where he says there is clear evidence that chemical weapons have been used against civilians.

"We cannot and will not turn a blind eye to what happened in Damascus," Obama said, referring to reports of chemical attacks on tens of thousands of Syrian civilians, including children.

Even as the president spoke, protesters on Pennsylvania Avenue were raising their voices against military intervention in Syria.

"After careful deliberation I have decided that the United States should take military action against Syrian regime targets," said Obama, with Vice President Joe Biden at his side. "This would not be an open-ended intervention. We would not put boots on the ground. Instead our action would be designed to be limited in duration and scope."

He said he was confident that the United States can "hold the Assad regime accountable for their use of chemical weapons, deter this kind of behavior and degrade their capacity to carry it out."

"Our military has positioned assets in the region," he said. "The chairman of the Joint Chiefs has informed me that we are prepared to strike whenever we choose."

However, Obama said he would not take action until Congress comes back in session and can debate and vote on whether to authorize military action against Syria.

"All of us should be accountable as we move forward," he said, "and that can only be accomplished with a vote."

He added, "I know that the country will be stronger if I take this course."

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $123.25 0.00%
FB $83.30 0.00%
GOOG $548.34 0.00%
TSLA $185.00 0.00%
YHOO $45.10 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs