Injecting capital into our financial institutions is essential to stabilizing our economy, but we must make sure we are not giving sweetheart, insider deals that shift the risk to taxpayers without giving them sufficient upside.
Barack Obama
The Public Record
Barack Obama served as the 44th President of the United States from January 20, 2009, to January 20, 2017. A member of the Democratic Party, he previously represented Illinois in the U.S. Senate from 2005 to 2008 and served in the Illinois State Senate from 1997 to 2004. Obama is known for his signature policies including the Affordable Care Act, also known as Obamacare, and his efforts in economic recovery following the 2008 financial crisis. His presidency was marked by significant legislative achievements and a focus on healthcare reform, climate change, and foreign policy initiatives such as the Iran nuclear deal.
Taxpayers who are now invested in Goldman Sachs should not be treated worse than when Warren Buffett invested in Goldman Sachs.
The Treasury Department's concept of investing money directly into struggling banks so they can lend money to families and businesses is the right one.
We must make sure this plan is implemented in a way that helps homeowners and does not enrich Wall Street CEOs at the taxpayers' expense.
And we must make sure that these institutions are helping homeowners stay in their homes, which includes abiding by a 90 day moratorium on foreclosures for families who are making a good faith effort to pay their mortgages.
I will be studying the details of this deal to make sure we can advance the core concept while still protecting taxpayers and ensuring that CEOs are not being enriched on our dime.
There's some ideas Senator McCain has put forward in the last couple of weeks that are very bad ideas.
It's a plan that begins with one word that's on everybody's mind. And it's easy to spell: J-O-B-S, jobs.
There are some ideas that Senator McCain has put forward in the last couple of weeks that are very bad ideas.
There's some ideas that Senator McCain has put forward in the last couple of weeks that are very bad ideas.
We will create another two million jobs by rebuilding our crumbling roads and schools and bridges, our infrastructure.





