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Obama: worst of economic storm passed
US President Barack Obama declared in his State of the Union address that the worst of the economic storm had passed, but that a trail of devastation was left behind.
“The House has already passed financial reform with many of these changes. And the lobbyists are already trying to kill it,” he told lawmakers in his State of the Union address.
Obama added he would veto any finance bill that does not contain “real reform.”
“And one year later, the worst of the storm has passed,Paul Smith Socks, but the devastation remains,Mens North Face Down Vests,” Obama said.
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Obama said his administration’s early actions last year had staved off a repeat of the 1930s Great Depression. “Well,ghd straightener, we cannot let them win this fight. And if the bill that ends up on my desk does not meet the test of real reform, I will send it back.” |