Jan 042012

President Obama spoke today at Shaker Heights High School in Shaker Heights, Ohio about the economy and his appointment of Richard Cordray as the Director of the Consumer Financial Protection Bureau…

But when Congress refuses to act, and as a result, hurts our economy and puts our people at risk, then I have an obligation as President to do what I can without them. I’ve got an obligation to act on behalf of the American people. And I’m not going to stand by while a minority in the Senate puts party ideology ahead of the people that we were elected to serve. Not with so much at stake, not at this make-or-break moment for middle-class Americans. We’re not going to let that happen.

The complete transcript follows the break.

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