Here is the video of the press conference Barack Obama held today about the financial crisis.
Obama explained his proposal to issue a joint statement of the broad principles to deal with the financial mess.
I agree with Obama on what he calls the most important principle on this issue. Obama feels, “The American people should not be spending one dime to reward the same Wall Street CEOs whose greed and irresponsibility got us into this mess. We can’t allow this plan to become a welfare program for Wall Street executives.”
Obama feels this is not a bipartisan problem, but it’s a problem that calls for an American solution. I also think the first presidential debate must go on this Friday. We need to hear both their plans and how they will recover the economy. I understand campaigning should be put aside, but we need to be reassured that the next president can handle and deal with this mess and prevent more financial ruin.
