Obama: Reappraise Wall Street values

Democratic presidential candidate Barack Obama told Wall Street investors Monday that several of them have been too focused on their own gain at the expense of struggling Americans and echoed Franklin Delano Roosevelt's call for a "reappraisal of values."

"The danger with this mentality isn't just that it offends our morals, it's that it endangers our markets," Obama said.

Economic experts including former Commerce secretary Bill Daley, former Fannie Mae CEO Jim Johnson and University of Chicago economist Austan D. Goolsbee helped Obama with the speech, which risks alienating some Wall Street supporters. But Obama said in a recent interview with The Associated Press that he is determined not just to campaign by telling people what they want to hear, but to win support for an agenda for change.

This may be the most impressive speech I've heard Obama give when concerning real change. Up until now I haven't been sold on the fact that he has a strategy, but this seems to show not just long term thinking, but a real tactical air about how to accomplish change.

Forest

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