Barack Obama actually said...

"Some of it was the result of an era of easy credit, when millions of Americans borrowed beyond their means."

"We can't afford to let the same phony arguments and bad habits of Washington kill financial reform."

"We have an absolute responsibility to learn from it and take steps to prevent a repeat of the crisis."

"My solemn commitment is to work every day, in every way that I can, to push this recovery forward."