And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.
Barack ObamaThat just gives sort of the democracy an opportunity to test ideas, for those who lost to catch their breath, regain energy, re-energize themselves and then get back in the arena, and then we'll make some more progress in the future.
Barack ObamaSo how do Latinos feel if there's a big investment just in the African American community, and they're looking around and saying, "We're poor as well. What kind of help are we getting?" Or Asian Americans who say, "Look, I'm a first-generation immigrant, and clearly I didn't have anything to do with what was taking place."
Barack ObamaWhen this crisis began, crucial decisions about what would happen to some of the world's biggest companies - companies employing tens of thousands of people and holding trillions of dollars in assets - took place in hurried discussions in the middle of the night. We should not be forced to choose between allowing a company to fall into a rapid and chaotic dissolution or forcing taxpayers to foot the bill.
Barack Obama