Recently a Democrat wrote that he didn”t support “Wall Street Obama.”
This is absurd. President Obama isn”t Wall Street. He uses their advice, as any President should, since Wall Street is a big part of the cardiovascular system of our nation”s economy.
Our President has initiated restrictions on this system that current Republican candidates for President want to undo.
Barack Obama, when re-elected, will continue to monitor Wall Street practices to protect from the abuses that led to near collapse of our economy. He might get around to prosecuting the criminals that deregulation spawned, but right now he is busy helping the recovery.
Unemployment is still bad, but getting better. The President is working hard to get Europe to bailout its economic crisis ? not a penny of which will come from the United States. He is gradually cutting our defense costs.
We”re out of Iraq, bin Laden is dead and Afghanistan is stabilizing.
China only holds debt of 1 percent of America”s financial assets. China is also critical as a buffer to North Korea”s aggression and Iran”s. Our president and Vice-President have been meeting with China”s leaders since their inauguration.
Our excellent Secretary of State has been to nearly every part of the globe to work on our behalf ? for peace, economic prosperity, civil rights, the environment and just plain goodwill.
These are excellent people able and willing to do the tough work to deal with, such as problems in Pakistan, the dregs of deregulation, out-of-control health care costs, neglected infrastructure and a massive shift in wealth in our democracy.
As long as Congress tries to derail everything President Obama does, it is clearer that his re-election is critical to our nation”s future.
Wendy White
Glenhaven
