Monday, March 17, 2008

Statement from Barack Obama on State of the Economy

Related Posts: Statement by Barack Obama on the Russian Election, Statement from Barack Obama on Situation in Tibet

  • The following is an excerpt from Barack Obama's statement on the State of the US Economy:

"The news coming from Wall Street today has confirmed our fears that the financial fallout from the mortgage crisis would spillover into the wider economy. Months ago, I went to Wall Street and said that our capital markets could not function without the confidence and trust of the public. I said that Wall Street could not succeed while the rest of America struggled. Now, as the Federal Reserve does its best to bring stability to the market, we must focus on what we can do to restore the public's confidence in the market and help the millions of Americans who are worried about their jobs, their homes, and their financial future.

  • Click here for the full statement.

Related Posts: Statement by Barack Obama on the Russian Election, Statement from Barack Obama on Situation in Tibet

Source: http://www.barackobama.com/2008/03/17/obama_statement_on_the_state_o.php

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