I am asking my Attorney General to create a special unit of federal prosecutors and leading state attorneys general to expand our investigations into the abusive lending and packaging of risky mortgages that led to the housing crisis. This new unit will hold accountable those who broke the law, speed assistance to homeowners, and help turn the page on an era of recklessness that hurt so many Americans.
This kind of inequality - a level that we haven’t seen since the Great Depression - hurts us all. When middle-class families can no longer afford to buy the goods and services that businesses are selling...it drags down the entire economy from top to bottom. America was built on the idea of broad-based prosperity... That’s why a CEO like Henry Ford made it his mission to pay his workers enough so that they could buy the cars he made. It’s also why a recent study showed that countries with less inequality tend to have stronger and steadier economic growth over the long run.
Ours is a nation of laws: of citizens who live under them and for the citizens who enforce them. So, to a community in Ferguson that is rightly hurting and looking for answers, let me call once again for us to seek some understanding rather than simply holler at each other. Let's seek to heal rather than to wound each other.
I don't expect that the president-elect [Donald Trump] will follow exactly our blueprint or our approach, but my hope is that he does not simply take a real-politic approach and suggest that, you know, if we just cut some deals with Russia, even if it hurts people or even if it violates international norms, or even if it leaves smaller countries vulnerable or creates long-term problems in regions like Syria, that we just do whatever is convenient at the time.
If [black] nationalism could create a strong and effective insularity, deliver on its promise of self-respect, then the hurt it might cause well-meaning whites, or the inner turmoil it caused people like me, would be of little consequence.
Our lives are now in a telephone, all our data, all our finances, all our personal information, and so it's proper that we have some constraints on that. But it's not going to be 100 percent. If it is 100 percent, then we're not going to be able to protect ourselves and our societies from some people who are trying to hurt us.
I look at some of the kids that I interact with, and they were born with so many disadvantages. And you could start off in your first interaction with them saying, "Unless they get a lot of compensatory help, they're not going to be able to compete; they're just so far behind, and they're wounded and they're hurt."
I say that is because those are the times where sometimes you feel actually a little bit hurt. Because you feel like saying to these folks, "[Don't] you think if I could do it, I [would] have just done it. Do you think that the only problem is that I don't care enough about the plight of poor people, or gay people, or immigrants, or ...?"
Our government should work for us, not against us. It should help us, not hurt us. It should ensure opportunity not just for those with the most money and influence, but for every American who's willing to work. That's the promise of America - the idea that we are responsible for ourselves, but that we also rise or fall as one nation; the fundamental belief that I am my brother's keeper; I am my sister's keeper.
In America, we're getting too comfortable with our ability to take kinetic strikes around the world without having enough process to avoid consistently the kinds of civilian casualties that can end up actually hurting us in the war against radicalization.
Just from a political perspective, do you think the president of the United States going into re-election wants gas prices to go up higher? Look, here's the bottom line with respect to gas prices: I want gas prices lower because they hurt families.
I know many of you are hurting and angry about the economy, and I don't blame you. It's the worst economy since the Great Depression. When consumers can't buy and businesses won't expand for lack of customers, the government has to be the purchaser and employer of last resort. We learned that in the Great Depression, but Republicans obviously didn't - and they've blocked every jobs program I've offered.
ISIS is not an organization that can destroy the United States. This is not a huge industrial power that can pose great risks to us, institutionally or in a systematic way. But they can hurt us. And they can hurt our people and our families.
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