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Wednesday, October 1, 2008

Obama Makes the Case for the Bailout

Barack Obama at his best in Reno, Nevada.

Obama: "There will be time to punish those who set this fire, but now is the moment for us to come together and put the fire out. I mean think about it. If your neighbor's house is burning you're not going to spend a whole lot of time saying, 'Well, that guy was always irresponsible. He always left the stove on. He always was smoking in bed.' All those things may be true, but his house could end up affecting your house. And that's the situation we're in right now. We've got to make sure that we put the fire out, and then we'll start making sure that these folks stop leaving the stove on. But right now our job is to put out the fire, and we can't forget that. I know this is especially frustrating for young people because you don't even have any money! I know, I remember what it was like. Eating pizza every night. So you're think to yourself, 'What does this have to do with me? I don't have a fancy stock market portfolio.' But understand that if we don't deal with this problem now then your prospects for finding a job, your prospects for being able to buy a home, your prospects for being able to raise a family, all that's going to be affected."

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