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Campaign 2008

The Candidates and the World

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Quote: Obama on Dennis Blair

by campaign2008

“As DNI, Dennis will be the leader and manager of our intelligence community. He will have my full support as he develops our capabilities, strengthens information sharing, enhances cooperation with foreign governments, and provides policymakers with the information we need – even if it’s not always the information we want.”

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Quote: Obama on White House Auto Bailout

by campaign2008

“Today’s actions are a necessary step to help avoid a collapse in our auto industry that would have devastating consequences for our economy and our workers.  With the short-term assistance provided by this package, the auto companies must bring all their stakeholders together — including labor, dealers, creditors and suppliers — to make the hard choices necessary to achieve long-term viability.  The auto companies must not squander this chance to reform bad management practices and begin the long-term restructuring that is absolutely required to save this critical industry and the millions of American jobs that depend on it,”

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Quote: Obama on Auto Industry Bailout Failure

by campaign2008

“I am disappointed that the Senate could not reach agreement on a short-term plan for the auto industry.  I share the frustration of so many about the decades of mismanagement in this industry that has helped deliver the current crisis. Those bad practices cannot be rewarded or continued.  But I also know that millions of American jobs rely directly or indirectly on a viable auto industry, and that the beginnings of reform are at hand.  The revival of our economy as a whole should not be a partisan issue.  So I commend those in Congress as well as the Administration who tried valiantly to forge a compromise.  My hope is that the Administration and the Congress will still find a way to give the industry the temporary assistance it needs while demanding the long-term restructuring that is absolutely required.”

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Quote: Obama on Clinton

by campaign2008

“Hillary’s appointment is a sign to friend and foe of the seriousness of my commitment to renew American diplomacy and restore our alliances. There is much to do – from preventing the spread of nuclear weapons to Iran and North Korea, to seeking a lasting peace between Israel and the Palestinians, to strengthening international institutions. I have no doubt that Hillary Clinton is the right person to lead our State Department, and to work with me in tackling this ambitious foreign policy agenda.”

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Quote: Obama on Treasury Secretary

by campaign2008

“The reality is that the economic crisis we face is no longer just an American crisis, it is a global crisis – and we will need to reach out to countries around the world to craft a global response. [Tim Geithner's] extensive international experience makes him uniquely suited for this work.  Growing up partly in Africa and having lived and worked throughout Asia; having served as Under Secretary of the Treasury for International Affairs – one of many roles in the international arena; and having studied both Chinese and Japanese, Tim understands the language of today’s international markets in more ways than one.”

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Quote: Palin on Energy Policy

by campaign2008

“The price of oil is declining largely because of the market’s expectation of a broad recession that would lower demand. This is hardly a good sign of things to come, and should only add to our sense of urgency in gaining energy independence. When our economy recovers, and growth once again creates new demand, we could run into the same brick wall of rising oil and gasoline prices — and now is the time to make sure that doesn’t happen. In Washington, we can view this period of lower oil prices as just one more chance to make excuses — and on the problem of energy security, we’ve heard enough excuses. Or we can view it as an opportunity to finally confront the problem.” Read more »

Quote: Obama on Afghanistan

by campaign2008

“It’s time to heed the call from General McKiernan and others for more troops. That’s why I’d send at least two or three additional combat brigades to Afghanistan. We also need more training for Afghan Security forces, more non-military assistance to help Afghans develop alternatives to poppy farming, more safeguards to prevent corruption, and a new effort to crack down on cross-border terrorism. Only a comprehensive strategy that prioritizes Afghanistan and the fight against al Qaeda will succeed, and that’s the change I’ll bring to the White House.”

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Quotes: Economic Perspectives

by campaign2008

Obama“Injecting capital into our financial institutions is essential to stabilizing our economy, but we must make sure we are not giving sweetheart, insider deals that shift the risk to taxpayers without giving them sufficient upside. And we must make sure that these institutions are helping homeowners stay in their homes, which includes abiding by a 90 day moratorium on foreclosures for families who are making a good faith effort to pay their mortgages. Finally, the plan appears to extend a broader set of guarantees to banks without requiring any additional regulation, which represents more of the same failed philosophy that got us into this mess.”

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