FROM BARACK OBAMA'S WEBSITE AND NEWSLETTER:
"This plan cannot be a welfare program for Wall Street executives." -- Barack Obama
Barack was in Florida today, and this afternoon he held a press conference to address the proposed $700 billion financial rescue package put forth by the Treasury Secretary in response to the growing instability on Wall Street. Barack expressed the need for action, but also voiced his concerns about the lack of detail and the absence of oversight in the plan.
Earlier in the morning, Barack took time to visit with some of the residents of Clearwater, many of whom shared these same concerns. He spoke to nurses and veterans and commended them for their service, but he also spoke to ordinary Americans who are worried about the current economic situation. As Barack explained, "The problem is, everybody knows the price tag. But nobody knows the details."
Watch the video of Barack’s remarks here:
Peter Rubi
September 23, 2008
Clearwater, Florida
Road Blog: Barack in Florida
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