Barack Obama

This speech titled 2008.10.10 originally had 3970 tokens. You can view the original text here.

we meet at a moment of great uncertainti for america __PUNCT__

in recent_week __PUNCT__ we seen a grow financi_crisi that threaten not onli bank and busi __PUNCT__ but your econom_secur __PUNCT__ as well __PUNCT__

it get harder and harder to get a loan for that new car or that startup __PUNCT__ busi or that colleg you dream of attend __PUNCT__

and yesterdai __PUNCT__ million of american lost more of their invest and hard __PUNCT__ earn retir_save as the stock_market took anoth signific plung __PUNCT__

we need action now __PUNCT__

the treasuri_depart must move as quickli as possibl to implement the rescu plan that pass congress so we can eas thi credit crisi that prevent busi and consum from get loan __PUNCT__

and we also must recogn that thi is not just an american problem __PUNCT__

in thi global_economi __PUNCT__ financi_market have no boundari __PUNCT__

so the current crisi demand a global respons __PUNCT__

thi weekend __PUNCT__ financ_minist from the world major economi will meet in washington __PUNCT__

thei must take coordin step to restor confid and to maintain our financi_market and institut __PUNCT__

there ar mani caus of thi crisi __PUNCT__ and it veri import that we respond us all the tool that we have __PUNCT__

it encourag that treasuri is consid dramat step to provid more capit to our financi_institut so thei have monei to lend __PUNCT__

thi is not a time for ideolog __PUNCT__ it a time for common_sens and a polit of pragmat __PUNCT__

the test of an idea must not be whether it is liber or conserv __PUNCT__ the test should be whether it work for the american_peopl __PUNCT__

that what we should all be focus on in the dai and week ahead __PUNCT__

i know these ar difficult_time __PUNCT__

i know folk ar worri __PUNCT__

but i believ that we can steer ourselv out of thi crisi becaus i believ in thi countri __PUNCT__

becaus thi is the unit_state of america __PUNCT__

thi is a nation that ha face down war and depress __PUNCT__ great_challeng and great threat __PUNCT__

and at each and everi moment __PUNCT__ we have risen to meet these challeng __PUNCT__ not as democrat __PUNCT__ not as republican __PUNCT__ but as american __PUNCT__

with resolv __PUNCT__

with courag __PUNCT__

we have seen our share of hard_time __PUNCT__

the american stori ha never been about thing come easi __PUNCT__ it been about rise to the moment when the moment is hard __PUNCT__ about reject panick divis for purpos uniti __PUNCT__ about see a mountaintop from the deepest vallei __PUNCT__

that why we rememb that some of the most famou_word ever spoken by an american came from a presid who took offic in a time of turmoil __PUNCT__ the onli thing we have to fear is fear itself __PUNCT__

now is not the time for fear __PUNCT__

now is not the time for panic __PUNCT__

now is the time for resolv and steadi leadership __PUNCT__

we can meet thi moment __PUNCT__

we can come togeth to restor confid in the american_economi __PUNCT__

we can renew that fundament belief __PUNCT__ that in america __PUNCT__ our destini is not written for us __PUNCT__ but by us __PUNCT__

that who we ar __PUNCT__ and that the countri we need to be right now __PUNCT__

america still ha the most talent __PUNCT__ most product_worker of ani countri on earth __PUNCT__

you know thi __PUNCT__ ohio __PUNCT__

we home to the worker who have built the largest middl_class in histori __PUNCT__

we home to worker who work two job or three job and take the last bu home at night becaus thei want someth more for their children __PUNCT__

we home to innov and technolog __PUNCT__ colleg and univers that ar the envi of the world __PUNCT__

some of the biggest idea in histori have come from our small_busi and our research facil __PUNCT__

it won't be easi __PUNCT__ but there no reason we can't make thi centuri anoth american_centuri __PUNCT__

ye we can __PUNCT__

but i also know thi __PUNCT__

it will take a new direct __PUNCT__

it will take new leadership in washington __PUNCT__

it will take a real chang in the polici and polit of the last eight year __PUNCT__

and that why i run for presid of the unit_state of america __PUNCT__

even as we face the most seriou econom_crisi of our time __PUNCT__ even as you ar worri about keep your job or pai your bill or stai in your home __PUNCT__ my oppon campaign announc last week that thei plan to __PUNCT__ turn the page __PUNCT__ on the discuss about our economi so thei can spend the final_week of thi elect attack me instead __PUNCT__

senat_mccain mccain_campaign actual said __PUNCT__ and i quot __PUNCT__ if we keep talk about the economi __PUNCT__ we go to lose __PUNCT__

so in the last coupl of dai __PUNCT__ we seen a barrag of nasti insinu and attack __PUNCT__ and i sure we see much more over the next __NUM___dai __PUNCT__

we know what come __PUNCT__

we know what thei go to do __PUNCT__

but here the thing __PUNCT__ ohio __PUNCT__

thei can try to __PUNCT__ turn the page __PUNCT__ on the economi and deni the record of the last eight year __PUNCT__

thei can run mislead ad and pursu the polit of anyth goe __PUNCT__

but it not go to work __PUNCT__

not thi time __PUNCT__

i think that folk ar look for someth differ __PUNCT__

it easi to rile up a crowd by stoke anger and divis __PUNCT__

but that not what we need right now in the unit_state __PUNCT__

the time ar too seriou __PUNCT__

the challeng ar too great __PUNCT__

the american_peopl aren't look for someon who can divid thi countri __PUNCT__ thei look for someon who will lead it __PUNCT__

we in a seriou crisi __PUNCT__ now __PUNCT__ more than ever __PUNCT__ it is time to put countri ahead of polit __PUNCT__

now __PUNCT__ more than ever __PUNCT__ it is time to bring chang to washington so that it work for the peopl of thi countri that we love __PUNCT__

i know my oppon is worri about hi campaign __PUNCT__

but that not what i concern about __PUNCT__

i think about the american lose their job __PUNCT__ and their home __PUNCT__ and their life_save __PUNCT__

we can't afford four more year of the econom_theori that sai we should give more and more to those with the most and hope that prosper trickl down to everyon els __PUNCT__

we can't afford four more year of less regul so that no on in washington is watch anyon on wall_street __PUNCT__

we seen where that led us and we not go back __PUNCT__

it is time to turn the page on eight year of econom_polici that put wall_street befor main_street but end up hurt both __PUNCT__

we need polici that grow our economi from the bottom __PUNCT__ up __PUNCT__ so that everi american __PUNCT__ everywher ha the chanc to get ahead __PUNCT__

not just corpor_ceo __PUNCT__ but their secretari too __PUNCT__

not just the person who own the factori __PUNCT__ but the men and women who work on it floor __PUNCT__

becaus if we learn anyth from thi econom_crisi __PUNCT__ it that we all connect __PUNCT__ we all in thi togeth __PUNCT__ and we will rise or fall as on nation __PUNCT__ as on peopl __PUNCT__

my oppon ha a fundament differ view __PUNCT__

recent __PUNCT__ he propos a plan that would hand over __MONEY___billion to underwrit the kind of greed and irrespons on wall_street that got us into thi mess __PUNCT__

it punish taxpay __PUNCT__ reward bank __PUNCT__ and won't solv our hous_crisi __PUNCT__

at first __PUNCT__ he said thi spend would come from the rescu packag that alreadi pass __PUNCT__

but the rescu packag includ taxpay protect that prevent exactli thi kind of scheme __PUNCT__

we ar not go to solv the immedi crisi by go back and chang the law we pass last week to push_forward a plan that would take month to implement __PUNCT__

so i have a differ view from senat_mccain __PUNCT__

ye __PUNCT__ we need to help innoc homebuy __PUNCT__

that why i insist that the rescu packag give the treasuri author to bui and rework mortgag __PUNCT__

we have given treasuri a broad menu of option that should be pursu __PUNCT__

but we should not put taxpay_monei at unnecessari risk __PUNCT__

taxpay should not have all the downsid without ani of the upsid __PUNCT__

that a principl that i fought for __PUNCT__ that a principl that i maintain __PUNCT__ and that a principl that i stand up for as presid __PUNCT__

that the choic in thi elect __PUNCT__

i repeat __PUNCT__ we must do more to help innoc homebuy __PUNCT__

i work on a seri of propos over the past two year to do that __PUNCT__

but we need to do it in a respons wai __PUNCT__

that mean make sure that we not overpai for these mortgag and reward the veri lender whose reckless help caus thi crisi __PUNCT__

it mean give taxpay a share of the benefit when our hous_market recov __PUNCT__

and it mean crack down on predatori lender by treat mortgag fraud like the crime that it is __PUNCT__

we also have to make sure that if the treasuri move_forward with it plan to put more monei into struggl bank __PUNCT__ taxpay will be abl to get their monei_back and the ceo who contribut to thi crisi won't get rich at our expens __PUNCT__

now let be clear ohio __PUNCT__ the rescu plan that pass congress last week isn't the end of what we need to do to strengthen thi economi __PUNCT__

it onli the begin __PUNCT__

now we need to pass a rescu plan for the middl __PUNCT__ class that will provid everi famili immedi relief to cope with rise food and ga_price __PUNCT__ save on million_job by rebuild our school and road __PUNCT__ and help state and citi avoid budget_cut and tax_increas __PUNCT__

and we should extend expir unemploy_benefit to those american who lost their job and can't find new on __PUNCT__

i been fight for thi plan for month __PUNCT__

my oppon ha said noth __PUNCT__

and that is the choic in thi elect __PUNCT__

if we go to rebuild thi economi from the bottom up __PUNCT__ it ha to start with our small_busi on main_street __PUNCT__ not just the big_bank on wall_street __PUNCT__

small_busi emploi half of the worker in the privat_sector in thi countri __PUNCT__ and account for the major of the job_growth __PUNCT__

but we also know that a credit_crunch ha dri up capit and put these job at risk __PUNCT__ shop can't financ their inventori __PUNCT__ and small_firm can't make payrol __PUNCT__ it harder to get an idea off the ground __PUNCT__ or to provid health_care for your employe __PUNCT__

if we don't act __PUNCT__ we be look at scale_back oper __PUNCT__ shutter shop __PUNCT__ and laid off worker __PUNCT__

that why we need a small_busi rescu plan __PUNCT__ so that we extend our hand to the shop and restaur __PUNCT__ the start __PUNCT__ up and small_firm that creat_job and make our economi_grow __PUNCT__

main_street need relief and you need it now __PUNCT__

we won't grow govern __PUNCT__ we work within the small_busi administr to keep folk afloat __PUNCT__ while provid tax_cut to lift the tide __PUNCT__

it what we did after 9/11 __PUNCT__ and we were abl to get low_cost loan out to ten of thousand of small_busi __PUNCT__

that on of the mani step we can and should take to help stop job_loss and turn thi economi around __PUNCT__

it start with a nation __PUNCT__ wide program to provid afford __PUNCT__ fix __PUNCT__ rate_loan to small_busi across the countri __PUNCT__

we can run thi through the sba disast loan_program __PUNCT__ which provid loan to small_busi busi_owner get the help thei need to maintain their inventori and meet their payrol __PUNCT__

we also make it easier for privat lender to make small_busi loan by expand the sba loan_guarante program __PUNCT__

by temporarili elimin fee for borrow and lender __PUNCT__ we can unlock the credit that small_firm need to move_forward __PUNCT__ pai their worker __PUNCT__ and grow their busi __PUNCT__

just as we make lend more avail __PUNCT__ we need to reliev the tax_burden on small_busi to help creat_job __PUNCT__

that why i propos elimin all capit_gain gain_tax on invest in small_busi and start __PUNCT__ up __PUNCT__

and todai __PUNCT__ i propos an addit temporari busi tax_incent through next year to encourag new invest __PUNCT__

becaus it time to protect the job we have and to creat the job of tomorrow by unlock the drive __PUNCT__ and ingenu __PUNCT__ and innov of the american_peopl __PUNCT__

that what i do as presid of the unit_state __PUNCT__

bottom __PUNCT__ up growth also depend on a tax_code that doesn't just work for the folk at the top __PUNCT__

you heard a lot about tax in thi campaign __PUNCT__

well __PUNCT__ here the truth __PUNCT__ my oppon and i ar both offer tax_cut __PUNCT__

the differ is __PUNCT__ he want to give __MONEY___billion in tax_cut to the biggest corpor in america __PUNCT__ and he want to give the averag fortun___NUM__ ceo a __MONEY__ tax_cut __PUNCT__

but he give noth at all to over __NUM___million_american __PUNCT__

i have a differ set of prioriti __PUNCT__

i give a middl __PUNCT__ class tax_cut to __NUM__ __PUNCT__ of all worker __PUNCT__

and if you make less than __MONEY__ a year __PUNCT__ which includ___NUM__ percent of small_busi busi_owner __PUNCT__ you won't see your tax_increas on singl dime __PUNCT__

not your payrol_tax __PUNCT__ not your incom_tax __PUNCT__ not your capit_gain gain_tax __PUNCT__ noth __PUNCT__

becaus in an economi like thi __PUNCT__ the last thing we should do is rais_tax on the middl __PUNCT__ class __PUNCT__

we know that it time to creat the good __PUNCT__ pai_job of tomorrow __PUNCT__

ohio is hurt __PUNCT__

__NUM___job have been lost thi year __PUNCT__

you got __NUM__ percent unemploy __PUNCT__

wage ar flat __PUNCT__ line __PUNCT__

but it doesn't have to be thi wai __PUNCT__

that why i go to stop give tax_break to compani that ship job_oversea __PUNCT__ and start rebuild the middl_class by help compani creat_job here in ohio __PUNCT__

i will be a presid who put you first __PUNCT__ ohio __PUNCT__

becaus i believ in the american_peopl and what we can do togeth __PUNCT__

and if we want to turn thi economi around and lead the world in the __NUM___centuri __PUNCT__ we have to creat the high __PUNCT__ wage_job of tomorrow right here in america __PUNCT__

if i am presid __PUNCT__ i will invest __MONEY___billion a year in renew_sourc of energi to creat five million new __PUNCT__ green_job over the next decad __PUNCT__ job that pai well and can't be outsourc __PUNCT__ job build solar_panel and wind_turbin and fuel __PUNCT__ effici car __PUNCT__ job that will help us end our depend on oil from middl_east dictat __PUNCT__

i also put two million more american to work rebuild our crumbl road __PUNCT__ school __PUNCT__ and bridg __PUNCT__ becaus it is time to build an american infrastructur for the __NUM___centuri __PUNCT__

we will work with the build trade to expand apprenticeship program so young_worker can develop their skill __PUNCT__

and if peopl ask how we go to pai for thi __PUNCT__ you tell them that if we can spend___MONEY___billion a month in iraq __PUNCT__ we can spend some monei to rebuild america __PUNCT__

if i am presid __PUNCT__ i will final fix our broken health_care_system __PUNCT__

thi issu is person for me __PUNCT__

my mother di of ovarian cancer at the ag of __NUM__ and i never forget how she spent the final month of her life ly in a hospit bed __PUNCT__ fight with her insur_compani becaus thei claim that her cancer wa a pre __PUNCT__ exist condit and didn't want to pai for treatment __PUNCT__

if i am presid __PUNCT__ i will make sure those insur compani can never do that again __PUNCT__

my health_care_plan will make sure insur_compani can't discrimin against those who ar sick and need care most __PUNCT__

if you have health_insur __PUNCT__ the onli thing that will chang under my plan is that we will lower premium __PUNCT__

and if you don't have health insur __PUNCT__ you be abl to get the same_kind of health_insur that member of congress get for themselv __PUNCT__

we invest in prevent_care and new technolog to final lower the cost of health_care for famili __PUNCT__ busi __PUNCT__ and the entir economi __PUNCT__

that the chang we need __PUNCT__

and we give everi child __PUNCT__ everywher the skill and the knowledg thei need to compet with ani worker __PUNCT__ anywher in the world __PUNCT__

i will not allow countri to out __PUNCT__ teach us todai so thei can out __PUNCT__ compet us tomorrow __PUNCT__

it is time to provid everi american with a world __PUNCT__ class educ __PUNCT__

that mean invest in earli_childhood childhood_educ __PUNCT__

that mean recruit an armi of new teacher __PUNCT__ and pai them better __PUNCT__ and give them more support in exchang for higher_standard and more account __PUNCT__

and it mean make a deal with everi american who ha the drive and the will but not the monei to go to colleg __PUNCT__ if you commit to serv your countri after you graduat __PUNCT__ we will make sure you can afford your tuition __PUNCT__

you invest in america __PUNCT__ america will invest in you __PUNCT__ and togeth __PUNCT__ we will move thi countri forward __PUNCT__

final __PUNCT__ i will take on the corrupt in washington and on wall_street to make sure a crisi like thi can never __PUNCT__ ever happen again __PUNCT__

i put in place the common __PUNCT__ sens regul and rule of the road i been call for sinc march __PUNCT__ rule that will keep our market free __PUNCT__ fair __PUNCT__ and honest __PUNCT__ rule that will restor account and respons in our corpor boardroom __PUNCT__

and just as we demand_account on wall_street __PUNCT__ i will also demand it in washington __PUNCT__

that why i not go to stand here and simpli tell you what i go to spend __PUNCT__ i go to tell you how we go to save when i am presid __PUNCT__

i do what you do in your own famili budget and make sure we spend_monei wise __PUNCT__

i will go through the entir feder_budget __PUNCT__ page by page __PUNCT__ line by line __PUNCT__ and elimin program that don't work and aren't need __PUNCT__

we start by end a war in iraq that cost___MONEY__ __MONEY___billion a month while the iraqi_govern sit on ten of billion of dollar in surplu __PUNCT__

and we save billion more by cut wast __PUNCT__ improv manag __PUNCT__ and strengthen oversight __PUNCT__

these ar the chang and reform we need __PUNCT__

a new era of respons and account on wall_street and in washington __PUNCT__

common __PUNCT__ sens regul to prevent a crisi like thi from ever happen again __PUNCT__

invest in the technolog and innov that will restor prosper and lead to new job and a new economi for the __NUM___centuri __PUNCT__

bottom __PUNCT__ up growth that give everi american a fair shot at the american_dream __PUNCT__

and abov all confid __PUNCT__ confid in america __PUNCT__ confid in our economi __PUNCT__ and confid in ourselv __PUNCT__

i won't pretend thi will be easi or come without cost __PUNCT__

we will all need to sacrific and we will all need to pull our weight becaus now more than ever __PUNCT__ we ar all in thi togeth __PUNCT__

thi countri and the dream it repres ar be test in a wai that we haven't seen in nearli a centuri __PUNCT__

and futur_gener will judg our by how we respond to thi test __PUNCT__

will thei sai that thi wa a time when america lost it wai and it purpos __PUNCT__ when we allow our own petti differ and broken polit to plung thi countri into a dark and pain recess __PUNCT__

or will thei sai that thi wa anoth on of those moment when america overcam __PUNCT__ when we battl back from advers by recogn that common stake that we have in each other success __PUNCT__

thi is on of those moment __PUNCT__

i realiz you cynic and fed up with polit __PUNCT__

i understand that you disappoint and even angri with your leader __PUNCT__

you have everi right to be __PUNCT__

but despit all of thi __PUNCT__ i ask of you what been ask of the american_peopl in time of trial and turmoil throughout our histori __PUNCT__

i ask you to believ __PUNCT__ to believ in yourselv __PUNCT__ in each other __PUNCT__ and in the futur we can build togeth __PUNCT__

togeth __PUNCT__ we cannot fail __PUNCT__

not now __PUNCT__

not when we have a crisi to solv and an economi to save __PUNCT__

not when there ar so mani american without job and without home __PUNCT__

not when there ar famili who can't afford to see a doctor __PUNCT__ or send their child to colleg __PUNCT__ or pai their bill at the end of the month __PUNCT__

not when there is a gener that is count on us to give them the same opportun and the same chanc that we had for ourselv __PUNCT__

we can do thi __PUNCT__

american have done thi befor __PUNCT__

some of us had grandpar or parent who said mayb i can't go to colleg but my child can __PUNCT__ mayb i can't have my own busi but my child can __PUNCT__

i mai have to rent __PUNCT__ but mayb my children will have a home thei can call their own __PUNCT__

i mai not have a lot of monei but mayb my child will run for senat __PUNCT__

i might live in a small villag but mayb somedai my son can be presid of the unit_state of america __PUNCT__

now it fall to us __PUNCT__

togeth __PUNCT__ we cannot fail __PUNCT__

togeth __PUNCT__ we can overcom the broken polici and divid polit of the last eight year __PUNCT__

togeth __PUNCT__ we can renew an economi that reward work and rebuild the middl_class __PUNCT__

togeth __PUNCT__ we can creat million of new job __PUNCT__ and deliv on the promis of health_care you can afford and educ that help your kid compet __PUNCT__

we can do thi if we come togeth __PUNCT__ if we have confid in ourselv and each other __PUNCT__ if we look beyond the dark of the dai to the bright light of hope that li ahead __PUNCT__

togeth __PUNCT__ we can chang thi countri and chang thi world __PUNCT__

thank you __PUNCT__ god_bless you __PUNCT__ and mai god_bless_america __PUNCT__

erri fl __NUM__ telephon __PUNCT__ __PHONE__ __PUNCT__ __PHONE__ __PUNCT__ email __PUNCT__ __EMAIL__ __PUNCT__ support __PUNCT__ http __PUNCT__ __URL__ __SYMBOL__ copyright __NUM__ __PUNCT__ privaci statement