President's Weekly Address Leaps Past Healthcare to Banking Abuses

[tomm2thumbs]

Run time: 06:01 https://www.youtube.com/watch?v=o-D3Pfa-ViY   Posted on YouTube: March 19, 2010 By YouTube Member: whitehouse Views on YouTube: 665   Posted on DU: March 21, 2010 By DU Member: tomm2thumbs Views on DU: 469

 

In what could be deemed a note of confidence over Sunday's healthcare vote, President Obama used his Weekly Address to begin talks anew on banking & financial industry excesses and abuses.

Speaking about committee meetings on Monday, Obama showed that he is pivoting to the economy, saying nothing about the healthcare debate nearing conclusion. He says he will not settle for attempts to undermine the independence of the planned Consumer Financial Protection Agency, so it will be interesting to see how much focus that gets. He makes a bold promise to use all the tools at his disposal to make sure these slate of reforms over the financial industry are enacted - even given the onslaught of lobbyists and financial-backed ad campaigns targeting lawmakers.

*Transcript/cc built into video.

[The Magistrate]

1. This, Sir, Is What He Wants To Be Fighting About In Congress As The Election Nears

The spectacle of Republicans defending banksters against even the mildest of checks on their rapacity will be a salutory one for the country....

"When a banker is a accosted by a robber, and told to turn over his wallet, he will take off and hand over his clothes as well, for it does not occur to him a man's greed might have a limit."

[Hestia]

2. Just as long as the Fed isn't the overseer, I think everyone will be onboard

[Mind_your_head]

3. ...wish Obama would have said at the end, "represents the best interests of the people

of the United States of America" rather than 'represents the best interests of the American people'.....but, I digress....

Not bad all-in-all.

[Enthusiast]

4. Fire Geithner!

[ro1942]

5. Great sounding speeches as usual

now try to get permission from repuks