But the basic principle that weโre going to have to see some of this debt written down, that the government is going to have to support some banks, that others that are not viable, essentially that weโre going to have to do something with those assets.
Barack ObamaWhen any kind of military action is popular it's because either there's been a very clear, direct threat to us - 9/11 - or an administration uses various hooks to suggest that American interests were directly threatened - like in Panama or Grenada. And sometimes, those hooks are more persuasive than others, but typically, they're not put before Congress.
Barack ObamaI think that the risk to all the progress we've made was at stake in the election because not just the president-elect but a lot of members of Congress, including now the Speaker of the House and the Senate majority leader, have said that their principal agenda was to undo a lot of this progress. But as I've been talking about over the last several days when it comes to health care, the gains that we've made are there. Twenty million people have health insurance that didn't have it before. The uninsured rate is the lowest it's ever been.
Barack Obama