He rejected the suggestion that European leaders had done nothing substantive to address the crisis since last year's World Economic Forum, saying political decisions had to occur at their own pace.

CNN: Former ECB head: Eurozone part of 'global crisis'

But we as I mentioned today, there are downside risks, and therefore it's really important for us to stand ready, as I mentioned, to take substantive action to address those risks and provide some insurance against those negative outcomes.

NPR: Bernanke Hints at Further Interest Rate Cuts

Both Boehner and McConnell have complained that Obama refuses to address needed spending cuts and entitlement reforms to bring about substantive deficit reduction, and the timing of the phone calls appeared in response to questions about a lack of formal talks involving the president.

CNN: Debate on spending cuts seeks blame, not solutions

If your volunteer experience is substantive and if an organization would have paid for it but for a very good reason that you address, then volunteer experience can be cited competitively in your job hunt.

FORBES: Can A Volunteer Beat A Paid Professional For A Job?