So says a blog reader (former Bush voter...better late than never...), he adds:
"This is leadership right here"
Reader attached this Obama quote:
"While there is plenty of blame to go around and many in Washington and on Wall Street who deserve it, all of us now have a responsibility to solve this crisis because it affects the financial well-being of every single American," he said. "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."
Obama said he had talked with Bush, Senate Majority Leader Harry Reid of Nevada and other leaders Tuesday about resurrecting the recovery plan. He also sought to reassure the public, saying the plan had been "misunderstood and poorly communicated."
"This is not a plan to just hand over $700 billion of your money to a few banks on Wall Street," the Illinois senator said.
Without a rescue for the financial sector, ordinary people will soon begin to suffer, Obama said.
"If we do not act, it will be harder for you to get a mortgage for your home or the loans you need to go to college or a loan you need to buy a car to get to work," Obama said.
"What it means is that businesses won't be able to get the loans they need to open new factories, or hire more workers, or make payroll for the workers they have. What it means is that thousands of businesses could close around the country. Millions of jobs could be lost," he said. "
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