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Our economy is in a dire state, hence we need to re-focus the economy. We cannot depend on those who have been abusing power and enriching themselves to champion the common cause of the people. The plight of the workers, the farmers and fishermen, they need to be protected.

We are on the edge of economic collapse unless we wake up and
forcibly take back control of our government and economy. Over the
past 100 years, the game has been rigged, slowly and piecemeal at
first, always in the name of serving the greater good, preventing the
next bubble or providing greater transparency and security. It is as if
the American people are suffering from battered spouse syndrome; the
politicians, the greedy bankers, and the Fed all lie to us while they
steal our wealth and our liberty. Every time we call them on it, they
promise to never do it again if we’ll just give them one more chance.
So we let it slide and then act shocked when they do it to us again.
Maybe we should have our collective head examined.

We're also going to have to change our trade, immigration and economic policies to make our economy strong again. And to put Americans first again. This will ensure that our own workers, right here in America, get the jobs and higher pay that will grow our tax revenues, increase our economic might as a nation.

The explosion of financial innovation unaccompanied by credible systemic regulation has made the financial system vulnerable. The resulting crisis of confidence threatens global prosperity in the increasingly interdependent world in which we live. There is, therefore, a need for a new international initiative to bring structural reform in the world's financial system with more effective regulation and stronger systems of multilateral consultations and surveillance. This must be designed in as inclusive a manner as possible.

That’s why we’ve worked with other nations to create higher and clearer standards for banking and taxation -- because a society that asks less of oligarchs than ordinary citizens will rot from within. That’s why we’ve pushed for transparency and cooperation in rooting out corruption, and tracking illicit dollars, because markets create more jobs when they're fueled by hard work, and not the capacity to extort a bribe.

When challenges to our prosperity emerged, we rose to meet them. Facing the prospect of a financial collapse, we took decisive measures to safeguard our economy. These are very tough times for hardworking families, but the toll would be far worse if we had not acted. All Americans are in this together. And together, with determination and hard work, we will restore our economy to the path of growth. We will show the world once again the resilience of America's free enterprise system. The decades ahead will bring more hard choices for our country, and there are some guiding principles that should shape our course.

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