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 ObamaMaking your mark on the world is hard. If it were easy, everybody would do it. But it's not. It takes patience, it takes commitment, and it comes with plenty of failure along the way. The real test is not whether you avoid this failure, because you won't. it's whether you let it harden or shame you into inaction, or whether you learn from it; whether you choose to persevere.
Barack ObamaOver the last several days, we have heard from members of Congress who want their voices to be heard. I absolutely agree.
Barack ObamaWhat is certainly true is that the United States has to have a presence to promote the values that we care about.
Barack Obama