Obama's Speech Today on the Economy

The text is here. It starts like this:

The era of greed and irresponsibility on Wall Street and in Washington has led us to a perilous moment. They said they wanted to let the market run free but instead they let it run wild, and in doing so, they tramped our core values of fairness, balance, and responsibility to one another. As a result, we are facing a financial crisis as profound as any we have faced since the Great Depression. As a result, your jobs, your savings, and your economic security are now at risk.

This week, we must work quickly, in a bipartisan fashion, to resolve this crisis and avert an even broader economic catastrophe. And as we do act, Washington must recognize that true economic recovery requires addressing not just the crisis on Wall Street, but the crisis on Main Street that so many of you have been feeling in your own lives long before the news of last week. We need a plan that helps families stay in their homes, and workers keep their jobs; a plan that gives hardworking Americans relief instead of using taxpayer dollars to reward CEOs on Wall Street. And we cannot give a blank check to Washington with no oversight and accountability when no oversight and accountability is what got us into this mess in the first place.