Meanwhile, bank executives bristled — sometimes privately, but often in the press — at any suggestion that they had in any way screwed up, or should … - Barack Obama

And it's safe to assume that those in power would think longer and harder about launching a war if they envisioned their own sons and daughters in harm's way.

[T]he most important position in a democracy is not the office of the President. The most important office is the office of citizen, because if you have citizens who are informed and know about other countries, and recognize that if we provide foreign aid to some distant country in Africa, that ultimately may make us healthier. And if you have a citizenry that recognizes that even if I have to pay slightly more in taxes — which nobody likes paying taxes -- but if I do, maybe I can provide that young child who lives in a poorer neighborhood an opportunity for a better life. And then because she has a job and a better life, she can pay taxes, and then everybody has more, and the society is better off. If you don't have citizens like that, then you're going to get leaders who think very narrowly and you'll be disappointed. So the job — one thing I always tell young people, don't just think that you elect somebody and then you expect them to solve all your problems and then you just sit back and complain when it doesn't happen. You have to work as a citizen also to provide the leaders the space and the direction to do the right thing. It's just as important for you to challenge ignorance or discrimination or people who are always thinking in terms of war — it's just as important for you to do that as the President because I don't care how good the person, the leader you elect is, if the people want something different. In a democracy, at least, that's what's going to happen.

Nor is the question before us whether the market is a force for good or ill. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control — and that a nation cannot prosper long when it favors only the prosperous. The success of our economy has always depended not just on the size of our Gross Domestic Product, but on the reach of our prosperity; on our ability to extend opportunity to every willing heart — not out of charity, but because it is the surest route to our common good.