Obama on US economic crisis: ‘The fire is now out’

  •   The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

AFP
July 23, 2009

[efoods]US President Barack Obama defended his administration’s response to the economic crisis over the last six months, declaring: “The fire is now out.”

“I think that we have stepped back from the abyss. I think we’ve put out the fire,” he said in an interview with PBS, according to a transcript released by the TV station.

But Obama, who is facing declining popularity ratings for the first time in his presidency, said a lot remains to be done to fix the recession-mired US economy.

“The analogy I use sometimes is, we had this beautiful house. And there was a fire. We came in and we had to hose it down. The fire is now out, but what we’ve discovered is, we need some new tuckpointing, the roof’s leaking, the boiler’s out, oh, and by the way, we’re way behind on our mortgage,” Obama said

The work that remains will be undertaken with “the limited resources” that are available, and will take time, Obama said.

Read entire article

This article was posted: Thursday, July 23, 2009 at 12:17 pm







Infowars.com Videos:

Comment on this article

Comments are closed.


Watch the News

FEATURED VIDEOS
BLM & Harry Reid's War on Ranchers See the rest on the Alex Jones YouTube channel.

Green Police: The New Tyranny See the rest on the Alex Jones YouTube channel.

© 2013 Infowars.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.