President Obama: “I promised I wouldn’t just do what was popular — I would do what was necessary”

January 28th, 2010 Posted in Uncategorized

President Obama outlines the steps he's taking to reform our financial system, recover taxpayer money from Wall Street, and get our economy going again:

When I ran for President, I promised I wouldn’t just do what was popular – I would do what was necessary. And if we had allowed the meltdown of the financial system, unemployment might be double what it is today. More businesses would certainly have closed. More homes would have surely been lost.

So I supported the last administration’s efforts to create the financial rescue program. And when we took the program over, we made it more transparent and accountable. As a result, the markets are now stabilized, Provigil pharmacy and we have recovered most of the money we spent on the banks.

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