Spring Break
The Time For Change Has Come
President Obama promises brighter future in speech to Congress
Associated Press
Issue date: 2/25/09 Section: News
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"The time to take charge of our future is here," Obama declared, delivering his first address to a joint session of Congress.
Offering words of reassurance to an anxious nation, he declared, "Tonight I want every American to know this: We will rebuild, we will recover, and the United States of America will emerge stronger than before."
"We are a nation that has seen promise and peril," he said. "Now we must be that nation again."
Cheered robustly as he entered the House chamber, Obama grinned, shook hands and kissed lawmakers and stopped for a lengthy embrace with Supreme Court Justice Ruth Bader Ginsburg, back on the bench only this week after surgery for pancreatic cancer.
To deal with the current crisis, deepening each day, the president said more money will be needed to rescue troubled banks beyond the $700 billion already committed last year. He said he knows that bailout billions for banks are unpopular - "I promise you, I get it," he said - but he also insisted that was the only way to get credit moving again to households and businesses, the lifeblood of the American economy.
Along with aid for banks, he also called on Congress to move quickly on legislation to overhaul outdated regulations on the nation's financial markets.
"I ask this Congress to join me in doing whatever proves necessary," Obama said. "Because we cannot consign our nation to an open-ended recession."
Thinking longer-term, Obama said in a speech lacking many specifics and devoid of initiatives that both political parties must give up favored programs while uniting behind his campaign promises to build better schools, expand health care coverage and move the nation to "greener" fuel use.
Viewing Comments 1 - 2 of 2
Alrighty then!
posted 2/25/09 @ 9:09 AM MST
Yeah!! Thanks for saving us Obama! I'm patiently waiting for my check in the mail. Maybe I'll use it to buy a pack of gum and a cheeseburger. Instead of sending checks, you should have sent some lube, you are sure bending us over! Would you ever borrow money from your children if you knew you could never pay it back?
CSU Grad
posted 2/25/09 @ 1:47 PM MST
Yah, change is the correct word, alright....
That's all I have left in my bank account, my retirement plan, my investments, and my paycheck....thanks a lot NoBama. (Continued…)
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