Obama in SW PA March 17th - Part of Speech & Interview

[RamboLiberal]

Sen. Barack Obama today assailed President Bush over the credit crisis, charging that administration policy was "so divorced from the reality facing the American people and the American economy that it would be laughable if it weren't so frightening."

The Democratic presidential candidate offered his statement on the economy after a town meeting this morning at Community College of Beaver County.

Mr. Obama said Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson had taken appropriate actions in addressing the burgeoning problem but said that the president's past action had helped set the stage for it.

"History will not judge President Bush kindly for his failure to act in a way that could've prevented or alleviated this economic crisis," he said.

"There have been few administrations so out of touch with the concerns and the struggles of working Americans and so beholden to the lobbyists and special interests who blocked any kind of regulatory oversight of the financial sector. Whether it was sub-prime lending, credit cards, or bankruptcy laws, Washington has allowed these special interests to prevent sensible policy that could have prevented the most serious effects of the current predicament.''

http://www.post-gazette.com/pg/08077/865888-100.stm

Video: http://www.post-gazette.com/multimedia/?videoID=100230

Local reporter Jon Delano ask Obama about Reverend Wright: http://kdka.com/local/Barack.Obama.Monaca.2.678824.html

Uncut interview with Obama: http://kdka.com/local/Barack.Obama.Monaca.2.678824.html