Barack Obama in A Governor`s Story, by Jennifer Granholm
On Corporations:
Irresponsibility on Wall Street led to financial crisis
The housing and credit markets slid from "troubled" toward "imploding." On September 28, 2008, Barack Obama visited downtown Detroit to rally tens of thousands of frightened, angry Michiganders.
Obama targeted his remarks to those who had been laid off, those without hope, those who needed to believe.
"We meet here at a time of great uncertainty in Detroit and all across America," he said. "The era of greed and irresponsibility on
Wall Street and in Washington has led us to a financial crisis as serious as any we have faced since the Great Depression. We don't just need a plan for bankers and investors. We need a plan for autoworkers!" I felt the crowd's mood surge.
Source: A Governor's Story, by Jennifer Granholm, p.154-155
Oct 1, 2005
On Education:
Race to the Top: 46 states competed for creative reform
President Obama's educational Race to the Top was the most dramatically successful component of the Recovery Act. Using a modest amount of money, $4.5 billion, it stoked unprecedented competition among states to develop creative ideas for education
reform. Only 11 states and the District of Columbia won the competition for federal money, but all 46 state applicants implemented major educational improvements that will produce greater benefits than the grant money itself.
Source: A Governor's Story, by Jennifer Granholm, p.243
Oct 1, 2005
On Health Care:
2008: must be national system; not state-level pilots
I asked Senator Obama whether, if he became president, he would grant Michigan permission to pilot a health care program that would provide access to millions of our citizens.
I was struck by his forceful response: He had no intention of doing any more state-level health care pilots. He planned to roll out a national system similar to the one in Massachusetts, and he'd move on it during his 1st year in office.
Source: A Governor's Story, by Jennifer Granholm, p.161
Oct 1, 2005
Page last updated: Jun 11, 2014