Marking the anniversary week of the unofficial meltdown of the economy Obama says things are better. The president says that with the help of all Nation the economic free fall is over, but there is still lots to do.
At the G20 Summit Obama intends to work with other countries to secure the global economy by leading the way.
Barack Obama will ask Congress for tough common sense rules to prevent similar meltdown. He says though Wall Street has its issues all citizens who barrow money from bank and take out morgages need to take personal responsibility and lenders need to be more honest.
Rules to keep consumers and lender honest could include, Forming a new "Consumer Financial Interest Protection Agency" to keep tabs on lenders and borrowers. The agency would make rules to keep consumers from hidden fee's and penalties being attached to loans. Outrageous interest increases for late payments and so on.
With the next G20 Summit approaching in Pittsburgh, the President goes over the progress in stemming a global economic crisis. He discusses the impact of the Recovery Act, and pledges that "lobbyists for big Wall Street banks" will not prevent real reform for the future, including a new Consumer Financial Protection Agency.
What is this disrespect of the American President. The President no matter which one deserves respect when addressing the Congress and the American people.
Once again over the top crazies have taken over American Politics. We The People are tired of it. We want our government to work for us, not against us. That's what we pay for. Yes people we pay the freakin idiots.
The American Congress is a bunch of Keystone Cops. Have you seen Nancy policy behind Obama. She has to be the biggest BS Artist ever. When people look at you. Tell you a line of crap and then smile you know they are full of crap.
These guys need to start working for Americans not because they want to progress there political party.
I haven't felt this way since the 1980's when we all did not trust government. These people we put in Washington to watch our back are screwing us.
Republican South Carolina Rep Joe Wilson a House member shouted, "You lie" during President Obama's health care speech to Congress.
The conspiracy people came out of the woodwork for this. Between the wacko's that always think the next President is the Devil and the folks who just want Obama to fail this got out of hand.
Look Obama is not the Devil and just let the guy do his job. Almost immediately the citizens against The President speaking to students was over the critics disappeared. It was completely innocent and only told kids to stay in school. The same message the Gates Foundation expressed the same day.
When we where kids Ronald Regan had the same message for us. More people thought he was the coming of satan than do now. Look what happened with President Regan? He got the Berlin Wall destroyed and started the end to the Cold War.
If anyone cares to remember a young student wrote Ronald Regan a letter telling him she was scared of dieing in a nuclear blast. Regan took this to heart and started relations with Russia that led the the end of Communism in Russia and Europe.
