Obama speaks to the Clinton Global Initiative via satellite from Florida, says he’ll head to D.C. later in the morning then go to Oxford Friday for the debate.
Says it’s “outrageous” taypayers are being asked to shoulder the burden of financial bailout for Wall Street, lays out his principles in responding to the crisis.
Most of remarks are focused on CGI agenda: “We live in a time when our destinies are shared. But our destinies will be written by us, not for us. Now, it falls to us to get to work.”
Details commitments on reducing greenhouse gas emissions, eliminating poverty, education, health care and more.
Watch video above. Read Obama’s full remarks here.