Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Obama: Bailout is 'price tag, not a plan'

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 02:37 PM
Original message
Obama: Bailout is 'price tag, not a plan'
Text Size:

CHARLOTTE, N.C. In his first critical remarks about the government response to the financial market crisis, Barack Obama said Sunday that the Bush administration has offered a concept with a staggering price tag, not a plan.

We must work quickly in a bipartisan fashion to resolve this crisis to avert an even broader economic catastrophe, Obama said at a rally here. But Washington also has to recognize that economic recovery requires that we act, not just to address the crisis on Wall Street, but also the crisis on Main Street and around kitchen tables across America.

Obama took aim at the three-page bailout plan from Treasury Secretary Henry Paulson, saying the American people must be assured that the deal reflects the basic principles of transparency, fairness and reform.
...
Obama reiterated the call at his afternoon event in front of more than 20,000 people on the downtown streets here.

Obama once again laid out several principles that he said the deal must reflect: no blank check when taxpayers are paying the bill; no tax dollars for Wall Street CEOs; aid to homeowners facing mortgage foreclosures; international cooperation; and regulations to prevent this from every happening again.

They have run this economy into the ground, Obama said. We have to make sure we lift it back up and need to make sure have rules in place.

http://www.politico.com/news/stories/0908/13704.html
Printer Friendly | Permalink |  | Top
BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 02:41 PM
Response to Original message
1. Dammit! I keep hearing about this talk, but ain't got the video yet!!!!
YYYEEEAAARRRGGHHH!!!!

Make Hulk angry!
Printer Friendly | Permalink |  | Top
 
jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 02:43 PM
Response to Reply #1
2. A snippet from today's speech are posted in our video forum.
Enjoy. :hi:
Printer Friendly | Permalink |  | Top
 
BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 03:23 PM
Response to Reply #2
4. Thanks! I'm getting my fix from this one right now...
Printer Friendly | Permalink |  | Top
 
BlueIdaho Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 02:45 PM
Response to Original message
3. Did you say 20,000 people? nm.
Printer Friendly | Permalink |  | Top
 
LiberadorHugo Donating Member (557 posts) Send PM | Profile | Ignore Sun Sep-21-08 03:27 PM
Response to Reply #3
5. That's AWESOME!!!
Detroit's a major hockey town, and the Red Wings have had trouble selling out a similarly-arena throughout the past few seasons. GOBAMA!!!!
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Oct 31st 2014, 05:57 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC