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Video: Barack Obama's Remarks Today on The Market Turmoil

This is a discussion on Video: Barack Obama's Remarks Today on The Market Turmoil within the Politics That Is Retarded forums, part of the Message Board category; FROM BARACK OBAMA'S WEBSITE AND NEWSLETTER: Earlier today, Senator Obama spoke briefly with the press about the current market ...

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Old 10-06-2008
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Default Video: Barack Obama's Remarks Today on The Market Turmoil

FROM BARACK OBAMA'S WEBSITE AND NEWSLETTER:

Earlier today, Senator Obama spoke briefly with the press about the current market turmoil...
I think it is very important for Secretary Paulson and Federal Reserve Bank chairman Bernanke to move swiftly and try to restore confidence as quickly as possible to effectuate the plans based on the authority that has been given to them by Congress. I think it is still critical for us to move forward on an economic stimulus package that can provide people with some relief from high gas prices, food prices, help states and local governments maintain their payrolls. I think we have to extend unemployment insurance after the statistics showing that 159,000 additional jobs were lost just last month. And we are going to have to then move on an aggressive plan to deal with some of the underlying structural problems in the economy, including the continuing decline in the housing market.
... I was a little surprised over the last couple of days to hear Senator McCain say, or Senator McCain’s campaign say, that we want to turn the page on discussions about the economy and the campaign, a member of Senator McCain’s campaign saying today that, if we keep on talking about the economic crisis, we lose. I have got news for the McCain campaign, the American people are losing right now. They are losing their jobs, they are losing their healthcare, they are losing their homes, they are losing their savings, I cannot image anything more important to talk about than the economic crisis, and the notion that we would want to brush that aside and engage in the usual political shenanigans and smear tactics that have come characterize too many political campaigns, I think is not what the American people are looking for.


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