Obama To Discuss Financial Reform At Federal Hall Today

2009_09_pob.jpg President Barack Obama will be speaking at Federal Hall in lower Manhattan to discuss financial reform today (it is the eve of the one year anniversary of Lehman Brothers' bankruptcy filing), so expect traffic diversions on the roads while some subway station entrances and exits may be temporarily closed and bus routes may be diverted. As for his pitch, Obama wants Congress to pass financial regulatory reform; the Washington Post reports, "He will urge members of the financial community 'to take responsibility, not only to support reforming the regulatory system but also to avoid a return to the practices on Wall Street that led us to the financial crisis,' an administration official said Sunday."

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Comments (4) [rss]

I like Obama, but this is just shameless theater. Speaking on Wall Street will do nothing to fix the economy, other than scare already skittish consumers while raising presidential popularity.

I'm sure he didn't come all the way to NY just to speak on Wall Street, and theatrics are all part of the Presidency as well as political life in my opinion.

As long as he gets shit done, let him make his speeches.

Wasn't the President here last week?

Yep, and he'll be back again next week for the UN General Assembly.

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