Barack Obama

Obama DC Press Conference on Bailout Negotiations - Video

The more I hear about Obama’s plan for shoring up our economy, the better I like it. As he mentions in the press conference, there are no good options here, but we can still use this crisis as an opportunity to fix the root causes of the problems that precipitated the crisis; lack of proper oversight of banking and financial institutions, predatory lending practices, and artificial inflation of real estate prices that drove people into accepting these predatory loan terms in the first place.

This press conference gives a clear picture of Obama’s vision and focus for the economy, both short term and long term. The manner in which Obama has managed this crisis illustrates his powerful leadership style. He understands that there is a delicate balance between exercising leadership and wielding political power, and he is very skillful at leading in such a way that those around him are empowered to drive his vision forward without his physical presence being required. This is true leadership. Leadership that doesn’t seek the spotlight, but rather seeks solutions and right action.

Yes we can!

© 2008 Life is an Ongoing Process.