Obama In NYC (Updated 2x)
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- March
- 27
Democratic presidential candidate Barack Obama gave an address this morning at Cooper Union today and talked about providing relief to homeowners hit by the housing crisis and an additional $30 billion stimulus package to help the economy.
He was introduced, interestingly, by New York City Mayor Michael Bloomberg. The Daily Politics says Bloomberg said nice things about Obama, but didn’t endorse him.
Here’s some of Obama’s speech:
“Under Republican and Democratic Administrations, we failed to guard against practices that all too often rewarded financial manipulation instead of productivity and sound business practices,” Senator Obama said. “We let the special interests put their thumbs on the economic scales. The result has been a distorted market that creates bubbles instead of steady, sustainable growth; a market that favors Wall Street over Main Street, but ends up hurting both.”
Updated x2: Response from state GOP Chairman Joseph Mondello
“It is a sad irony that Senator Obama would come to New York to talk about his economic plan, because New Yorkers have seen firsthand the devastating consequences of the kind of runaway spending and endless tax increases that Senator Obama has supported throughout his career.
New Yorkers have seen jobs, families and opportunity pack up and leave New York for more hospitable areas when Democrats have implemented the kind of big government policies that are the very core of Senator Obama’s campaign rhetoric.
American families and businesses do not need more spending and obtrusive government; we need more opportunity and hope for a better future.
Senator John McCain’s approach of limiting government interference, containing government spending and allowing hard working families and businesses to keep more of their own money is the right way to ensure a vibrant, hopeful economy and opportunity for New Yorkers and all Americans.”
This entry was posted
on Thursday, March 27th, 2008 at 10:11 am by Joseph Spector.
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