The banks, because of mismanagement, because of huge risk taking, are now in very vulnerable positions. We can expect that we're gonna have to do more to shore up the financial system. We also are gonna have to make sure that we set up financial regulations so that not only does this never happen again, but you start having some sort of - trust in how the credit markets work again.
When I read history, I [see] what typically happens to presidents and the other party during tumultuous times and how people react when the economy is collapsing and they're losing their homes, losing their pensions - it sort of tracks, what ended up happening, because some of that is human nature.
I do want to once again speak directly to the Iranian people. Yours is a great civilization with a vibrant culture that has so much to contribute to the world - in commerce and in science and in arts. For decades, your government's threats and actions to destabilize your region have isolated Iran from much of the world, and now our governments are talking with one another. Following the nuclear deal, you, especially young Iranians, have the opportunity to begin building new ties with the world.
People always - I think were surprised about me connecting with folks in small town Iowa. And the reason I did was - first of all, I had the benefit that at the time nobody expected me to win. And so I wasn't viewed through this prism of Fox News and conservative media making me scary. At the time, I didn't think seem scary, other than just having a funny name. I seemed young.
I think it's important not to start drawing parallels, for example, between Theresa May, a fairly traditional conservative politician, who's now prime minister and Le Pen in France. Those aren't the same and the situation in each country is different.
On Syria, it's clear that the indiscriminate attacks on civilians by the [Bashar] Assad regime and Russia will only worsen the humanitarian catastrophe and that a negotiated end to the conflict is the only way to achieve lasting peace in Syria.
People who have health insurance are benefiting in all sorts of ways that they may not be aware of, everything from no longer having lifetime limits on the claims that they can make to seniors getting prescription drug discounts under Medicare to free mammograms.
In America, we've set up a system whereby when you take on college debt, you will never have to pay more than 10 percent of your income in repayments. And what that will do is make sure that you will never be prevented from going to school just because of money. We want to make sure that you and others like you can succeed.
But what I would say to my successor is that it is important not just to shoot but to aim. And it is important, in this seat, to make sure that you're making your best judgments based on data, intelligence, the information that's coming from your commanders and folks on the ground and you're not being swayed by politics.
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