The banks, because of mismanagement, because of huge risk taking, are now in very vulnerable positions. We can expect that we're gonna have to do more to shore up the financial system. We also are gonna have to make sure that we set up financial regulations so that not only does this never happen again, but you start having some sort of - trust in how the credit markets work again.
Barack ObamaI remember reading [ Studs Terkel's] "Working" when it first came out and just finding that very powerful. I was going into community organizing. What stuck was to reveal the sacredness of ordinary people's lives. That everybody has a story. And I think Studs is terrific at drawing out that shimmering quality of people's everyday struggles.
Barack ObamaThat is the true genius of America, a faith in the simple dreams of its people, the insistence on small miracles. That we can say what we think, write what we think, without hearing a sudden knock on the door.
Barack ObamaIndependent economists say immigration reform will grow our economy and shrink our deficits by almost $1 trillion in the next two decades. And for good reason: when people come here to fulfill their dreams - to study, invent, and contribute to our culture - they make our country a more attractive place for businesses to locate and create jobs for everyone. So let's get immigration reform done this year.
Barack ObamaI think at a certain age I became conscious of the power of words. And it was fairly late. I was kind of a goofball - but I was always subconsciously thinking about issues.
Barack ObamaOne of the things that I've learned, and I think we've all learned, is that we are not going to get the kind of decisive, permanent victories in this fight against terrorism that we would get from fighting another country. We're not going to get that MacArthur/Emperor moment, because by definition, even after decimating Al Qaeda in the Fata, even after taking out [Osama] bin Laden there's still people there who have both the interest and the capacity if we don't maintain vigilance to strike against the United States.
Barack Obama