Barack Obama actually said...

"Make no mistake; this is the greatest economic challenge of our times. And while the road ahead will be long and the work will be hard, I know that we can steer ourselves out of this crisis."

"we need to do this if not just for just optics to show the country that we can give money directly to homeowners and that in itself would make a difference."

"if this President doesn't do it, I will in January."

"For the auto industry to completely collapse would be a disaster in this kind of environment, not just for individual families but the repercussions across the economy would be dire. So it's my belief..."