Text: Obama Speech at Statehouse, Columbus, Ohio | November 2, 2008
Ohio, I have just two words for you: two days.
After decades of broken politics in Washington, eight years of failed policies from George Bush, and twenty-one months of a campaign that has taken us from the rocky coast of Maine to the sunshine of California, we are two days away from change in America. Read more
Text: Sen. Barack Obama Speech in Canton, Ohio | ‘One Week’ | The Closing Argument – October 27, 2008
(Source: Obama for America)
(Photo: The Plain Dealer)
As Prepared for Delivery
One week.
After decades of broken politics in Washington, eight years of failed policies from George Bush, and twenty-one months of a campaign that has taken us from the rocky coast of Maine to the sunshine of California, we are one week away from change in America.
In one week, you can turn the page on policies that have put the greed and irresponsibility of Wall Street before the hard work and sacrifice of folks on Main Street. Read more
Full Text: Ben Bernanke Speech | Economic Club of New York, NY | October 15
Filed under: Bailout Bill, U.S. Economy, U.S. Financial Crisis
(Source: U.S. Federal Reserve Board of Governors)
Stabilizing the Financial Markets and the Economy
Good afternoon. I am pleased once again to share a meal and some thoughts with the Economic Club of New York. I will focus today on the economic and financial challenges we face and why I believe we are well positioned to move forward. The problems now evident in the markets and in the economy are large and complex, but, in my judgment, our government now has the tools it needs to confront and solve them. Our strategy will continue to evolve and be refined as we adapt to new developments and the inevitable setbacks. But we will not stand down until we have achieved our goals of repairing and reforming our financial system and restoring prosperity. Read more
Full Text: Barack Obama Economy Speech | Toledo, Ohio | October 13
Filed under: Barack Obama, Presidential Campaign 2008, U.S. Economy, U.S. Financial Crisis
A Rescue Plan for the Middle-Class
As Prepared for Delivery
We meet at a moment of great uncertainty for America. The economic crisis we face is the worst since the Great Depression. Markets across the globe have become increasingly unstable, and millions of Americans will open up their 401(k) statements this week and see that so much of their hard-earned savings have disappeared. Read more
Text: President Bush Speech on the Economy, October 10
Filed under: George W. Bush, U.S. Economy, U.S. Financial Crisis
10:25 A.M. EDT (Source: White House Press Office)
THE PRESIDENT: Good morning. Over the past few days, we have witnessed a startling drop in the stock market — much of it driven by uncertainty and fear. This has been a deeply unsettling period for the American people. Many of our citizens have serious concerns about their retirement accounts, their investments, and their economic well-being.
Here’s what the American people need to know: that the United States government is acting; we will continue to act to resolve this crisis and restore stability to our markets. We are a prosperous nation with immense resources and a wide range of tools at our disposal. We’re using these tools aggressively. Read more
Text: Alan Greenspan Speech at Georgetown University, October 2
An article today in the New York Times investigates the legacy of Dr. Alan Greenspan’s 19 years as chairman of the Federal Reserve. Greenspan did not comment for the article but you can read what he said in a speech last week at Georgetown University in Washington, D.C. to see if his thoughts on regulation, markets and the economy have changed.
Click Here for Text of Greenspan’s Speech as PDF
Full Text: Ben Bernanke Speech to National Association for Business Economics, Washington D.C., October 7, 2008
Filed under: Bailout Bill, U.S. Economy, U.S. Financial Crisis
Current Economic and Financial Conditions
Good afternoon. I am pleased to have once again the opportunity to address the National Association for Business Economics. My remarks today will focus on recent developments in the financial sector and the economy and on the challenges we face.
As you know, financial systems in the United States and in much of the rest of the world are under extraordinary stress, particularly the credit and money markets. The losses suffered by many banks and nonbank financial firms have both constrained their ability to lend and reduced the willingness of other market participants to deal with them. Great uncertainty about the values of financial assets, particularly more complex and opaque assets, has made investors extremely reluctant to bear credit risk, resulting in further declines in asset prices and a drying up of liquidity in a number of funding markets. Even secured funding has become expensive and difficult to obtain, as lenders worry about their ability to sell collateral in illiquid markets in the event of default. In addition, many securitization markets, such as the secondary market for private-label mortgage-backed securities, remain closed or impaired. Read more
Transcript: Nancy Pelosi Before Bailout Vote
Filed under: U.S. Congress, U.S. Economy, U.S. Financial Crisis
Much has been said about U.S. House Speaker Nancy Pelosi’s speech in the House chamber before Monday’s failed bailout vote. Republican leaders have used the idiotic argument that some of those in their party who were being counted on to deliver ‘yeas’, instead voted ‘nay’, because they were turned off by the partisan nature of her speech. Cry me a river. If your vote in Congress is dependent on whether or not the leader of the opposition says something partisan on the floor of the House, you’re not fit to serve.
At any rate, here’s what she said.
(Source: Congressional Record)
The SPEAKER pro tempore. The gentlewoman from California is
recognized for 1 minute.
Ms. PELOSI. Thank you very much, Madam Speaker, for recognizing me, Read more
Full Text: President George W. Bush Speech to U.N. General Assembly, September 22
President Bush Addresses United Nations General Assembly
United Nations Headquarters | New York, New York
10:12 A.M. EDT
THE PRESIDENT: Mr. Secretary General, distinguished delegates, ladies and gentlemen: I’m pleased to be here to address the General Assembly.
Sixty-three years ago, representatives from around the world gathered in San Francisco to complete the founding of the Charter of the United Nations. They met in the shadow of a devastating war, with grave new dangers on the horizon. They agreed on a historic pledge: “to reaffirm faith in fundamental human rights, and unite their strength to maintain international peace and security.” Read more
Video: Sarah Palin, Vice Presidential Acceptance Speech, Republican National Convention, Minneapolis
Filed under: Presidential Campaign 2008, Republican National Convention, Sarah Palin
Video: Rudy Giuliani Speech RNC
Filed under: Presidential Campaign 2008, Republican National Convention
Transcript: Rudy Giuliani Speech Republican National Convention 2008
Filed under: Presidential Campaign 2008, Republican National Convention
(CNN) — Former New York City Mayor Rudy Giuliani addressed the Republican National Convention on Wednesday. Here is the text of that speech:
Giuliani: Thank you very much, and good evening. Almost exactly one year ago today, during a presidential debate in Durham, New Hampshire, I said that, if I weren’t running for president, I’d be supporting John McCain. Read more
Full Text: Mike Huckabee Speech Republican National Convention 2008
Filed under: Presidential Campaign 2008, Republican National Convention
Source: AP
As much as I appreciate the opportunity to speak tonight, I really was originally hoping for the slot on Thursday called the acceptance speech. But I am delighted to speak on behalf of my 2nd choice for the Republican nomination for President, John McCain — a man with the character and stubborn kind of integrity that I want in a President. Read more
Video: Mike Huckabee Speech Republican National Convention 2008
Filed under: Presidential Campaign 2008, Republican National Convention
Full Text: Mitt Romney Speech Republican National Convention 2008
Filed under: Presidential Campaign 2008, Republican National Convention
Text of former Massachusetts Gov. Mitt Romney’s speech Wednesday to the Republican convention, as prepared for delivery: (Source: AP)
For decades, the Washington sun has been rising in the east — Washington has been looking to the eastern elites, to the editorial pages of the Times and the Post, and to the broadcasters from the coast. Read more
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