obama economy

Obama Demands Bailout in Major Address

RENO, Nev — Sen. Barack Obama doubled down in gambling country Tuesday, telling a morning rally at a university here that Congress must pass a bailout plan to tackle the financial problems that are “no longer just a Wall Street crisis, [but] an American crisis.”
“It’s the American economy that needs this rescue plan,” Obama told [...]

Obama on Fed Plan: “We Are All in This Together”

Sen. Barack Obama spoke out in more detail on the Fed-Treasury bailout plan on Friday, stressing that while the U.S. faces one of “the most serious financial crises in this nation’s history,” he backs a progressive approach, grounded in the reality that “we are all in this together.”
According to prepared remarks, Obama first stressed that [...]

Obama Aims at Economy in Flint Today

CHICAGO, IL — On the first official day of the general election homestretch, Sen. Barack Obama is rushing to address the latest economic news, as the government bails out the mortgage giants. He is probably also looking to counter The St. Paul Bounce — which is powering the Republican ticket’s largest national lead in eight [...]