President Obama's News Conference on the American Jobs Act ------------- Oct-07-2011--

President Obama's News Conference

on the American Jobs Act

Oct-07-2011--The President said, I hope every senator thinks long and hard about what's at stake when they cast their vote on the Jobs Act.

Obama Voices Empathy With 'Frustration'

Behind Anti-Wall Street Protests

“I think part of people’s frustrations, part of my frustration, was a lot of [lending] practices that should not have been allowed weren’t necessarily against the law, but they had a huge destructive impact,”

the president said at a midday news conference Thursday.

The protestors, he added, “are giving voice to a more broad-based frustration about how our financial system works…and that's going to express itself politically in 2012 and beyond.”

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