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Obama in Florida: No bailouts for bad decisions September 19, 2008

Posted by trouble97018 in News.

Posted on Friday, September 19, 2008

MIAMI — After one of Wall Street’s worst weeks ever, Barack Obama addressed the country’s economic crisis Friday, calling on President Bush and Congress to work quickly to stabilize the ailing financial markets.

Speaking before a rally at the University of Miami’s BankUnited Center, Obama said he was less interested in scoring political points than in making sure there are financial instruments in place to shore up the economy in the short and long term.

”Do what’s required to make sure the economy is running and ordinary people are able to go about what they do every day,” Obama said, but he later added, “We don’t want bailouts of people who made bad decisions.”  Source Article



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