---
title: "21 Financial Quotes By Barack Obama"
description: "21 Financial quotes by Barack Obama. Plus more from Barack Obama and more Financial sayings from other authors."
image: "https://sms4smile.com/quotes/i/bd1/barack-obama-17_customer_i-don-t-think-that-hedge-funds-are-bad-p_3195422.jpg"
---

> [I don't think that hedge funds are bad per se. I think they're just one more financial tool. And in that sense,…](https://sms4smile.com/quotes/barack-obama/i-don-t-think-that-hedge-funds-are-bad-per-se-i-think-they-re-just/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/bd1/barack-obama-17_customer_i-don-t-think-that-hedge-funds-are-bad-p_3195422.jpg)

> [It is time to put in place tough, new common-sense rules of the road so that our financial market rewards drive and…](https://sms4smile.com/quotes/barack-obama/it-is-time-to-put-in-place-tough-new-common-sense-rules-of-the-road/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/02d/barack-obama-17_abuse_it-is-time-to-put-in-place-tough-new-com_874883.jpg)

> [There was a time when if you had a financial crisis in Southeast Asia somewhere, it had no impact on our markets.…](https://sms4smile.com/quotes/barack-obama/there-was-a-time-when-if-you-had-a-financial-crisis-in-southeast-asia/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/8c5/barack-obama-17_asia_there-was-a-time-when-if-you-had-a-finan_1602505.jpg)

> [Our enemies are also seeking the abilities to sabotage our power grid, our financial institutions, our air traffic control systems.](https://sms4smile.com/quotes/barack-obama/our-enemies-are-also-seeking-the-abilities-to-sabotage-our-power-grid/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/a78/barack-obama-17_ability_our-enemies-are-also-seeking-the-abiliti_458787.jpg)

> [In the wealthiest nation on Earth, no illness or accident should lead to any family's financial ruin.](https://sms4smile.com/quotes/barack-obama/in-the-wealthiest-nation-on-earth-no-illness-or-accident-should-lead/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/e48/barack-obama-17_accidents_in-the-wealthiest-nation-on-earth-no-ill_477051.jpg)

> [Like it or not, we have to have a financial system that is healthy and functioning.](https://sms4smile.com/quotes/barack-obama/like-it-or-not-we-have-to-have-a-financial-system-that-is-healthy-and/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/3cb/barack-obama-17_customer_like-it-or-not-we-have-to-have-a-financi_2651182.jpg)

> [We agreed that our economic and financial teams will remain in close contact as we stay focused on ensuring economic growth and…](https://sms4smile.com/quotes/barack-obama/we-agreed-that-our-economic-and-financial-teams-will-remain-in-close/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/566/barack-obama-17_contact_we-agreed-that-our-economic-and-financia_681025.jpg)

> [You know, I have more than enough to do without having to worry about the financial system.](https://sms4smile.com/quotes/barack-obama/you-know-i-have-more-than-enough-to-do-without-having-to-worry-about/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/549/barack-obama-17_enough_you-know-i-have-more-than-enough-to-do-w_2375361.jpg)

> [In the midst of this enormous economic crisis, I think Canada has shown itself to be a pretty good manager of the…](https://sms4smile.com/quotes/barack-obama/in-the-midst-of-this-enormous-economic-crisis-i-think-canada-has/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/7bf/barack-obama-17_canada_in-the-midst-of-this-enormous-economic-c_738648.jpg)

> [If you look at what happened, I came in the middle of the worst financial crisis since the Great Depression. And unlike…](https://sms4smile.com/quotes/barack-obama/if-you-look-at-what-happened-i-came-in-the-middle-of-the-worst/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/cbd/barack-obama-17_crisis_if-you-look-at-what-happened-i-came-in-t_1131385.jpg)

> [Keep in mind that, when I came in, we had had a crisis that was the worst we've seen since the 1930s,…](https://sms4smile.com/quotes/barack-obama/keep-in-mind-that-when-i-came-in-we-had-had-a-crisis-that-was-the/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/fbb/barack-obama-17_1930s_keep-in-mind-that-when-i-came-in-we-had_1222360.jpg)

> [The fact that we are here today to debate raising America's debt limit is a sign of leadership failure... It is a…](https://sms4smile.com/quotes/barack-obama/the-fact-that-we-are-here-today-to-debate-raising-america-s-debt-2/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/250/barack-obama-17_america_the-fact-that-we-are-here-today-to-debat_854245.jpg)

> [ I've said to \[Donald Trump\], and I think others have said to him that the day that he is the President of… ](https://sms4smile.com/quotes/barack-obama/i-ve-said-to-donald-trump-and-i-think-others-have-said-to-him-that/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/389/barack-obama-17_around-the-world_i-ve-said-to-donald-trump-and-i-think-ot_171727.jpg)

> [I have no interest in increasing the size of government. I just want to make sure we have got a smart government…](https://sms4smile.com/quotes/barack-obama/i-have-no-interest-in-increasing-the-size-of-government-i-just-want/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/375/barack-obama-17_bailouts_i-have-no-interest-in-increasing-the-siz_1463852.jpg)

> [In the absence of sound oversight,responsible businesses are forced to compete against unscrupulous and underhanded businesses, who are unencumbered by any restrictions…](https://sms4smile.com/quotes/barack-obama/in-the-absence-of-sound-oversight-responsible-businesses-are-forced/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/d16/barack-obama-17_absence_in-the-absence-of-sound-oversight-respon_411607.jpg)

> [Beside the two wars he inherited in Iraq and Afghanistan, and promised to end, a financial crisis at home had pushed the…](https://sms4smile.com/quotes/barack-obama/beside-the-two-wars-he-inherited-in-iraq-and-afghanistan-and-promised/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/0b5/barack-obama-17_afghanistan_beside-the-two-wars-he-inherited-in-iraq_2548382.jpg)

> [I'd like to help struggling homeowners who can't pay their mortgages, I'd like to invest in our crumbling infrastructure, I'd like to…](https://sms4smile.com/quotes/barack-obama/i-d-like-to-help-struggling-homeowners-who-can-t-pay-their-mortgages/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/583/barack-obama-17_block_i-d-like-to-help-struggling-homeowners-w_2234497.jpg)

> [A central notion in the Affordable Care Act was we had an inefficient system with a lot of waste that didn't also…](https://sms4smile.com/quotes/barack-obama/a-central-notion-in-the-affordable-care-act-was-we-had-an-inefficient/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/d44/barack-obama-17_affordable_a-central-notion-in-the-affordable-care_1458311.jpg)

> [When you've got a economy in which 40 percent of economic growth is happening in the financial sector, that turns out that…](https://sms4smile.com/quotes/barack-obama/when-you-ve-got-a-economy-in-which-40-percent-of-economic-growth-is/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/abe/barack-obama-17_american-dream_when-you-ve-got-a-economy-in-which-40-pe_1375751.jpg)

> [Unless we are holding ourselves accountable day in, day out, not just when there's a crisis for folks who have power and…](https://sms4smile.com/quotes/barack-obama/unless-we-are-holding-ourselves-accountable-day-in-day-out-not-just/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/f3a/barack-obama-17_attention_unless-we-are-holding-ourselves-accounta_3169952.jpg)

> [The banks, because of mismanagement, because of huge risk taking, are now in very vulnerable positions. We can expect that we're gonna…](https://sms4smile.com/quotes/barack-obama/the-banks-because-of-mismanagement-because-of-huge-risk-taking-are/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

[Image](https://sms4smile.com/quotes/i/11b/barack-obama-17_credit_the-banks-because-of-mismanagement-becau_276841.jpg)

## Other authors on Financial

## More by Barack Obama

> [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [The peaceful transition of power is one of the hallmarks of our democracy.](https://sms4smile.com/quotes/barack-obama/the-peaceful-transition-of-power-is-one-of-the-hallmarks-of-our/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [As opposed to getting into arguments about, well, these folks have been treated fairly so now we're going to be doing things that, very…](https://sms4smile.com/quotes/barack-obama/as-opposed-to-getting-into-arguments-about-well-these-folks-have-been/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [Donald Trump is temperamentally unfit.](https://sms4smile.com/quotes/barack-obama/donald-trump-is-temperamentally-unfit/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [What we've said to the girls is: 'If you guys ever decide that you're going to get a tattoo, then mommy and me will…](https://sms4smile.com/quotes/barack-obama/what-we-ve-said-to-the-girls-is-if-you-guys-ever-decide-that-you-re/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [Nobody is listening to your telephone calls.](https://sms4smile.com/quotes/barack-obama/nobody-is-listening-to-your-telephone-calls/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [All of us take offense to anyone who reaps the rewards of living in America without taking on the responsibilities of living in America.…](https://sms4smile.com/quotes/barack-obama/all-of-us-take-offense-to-anyone-who-reaps-the-rewards-of-living-in/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [The world is complicated and full of grays, but there's still truth there to be found.](https://sms4smile.com/quotes/barack-obama/the-world-is-complicated-and-full-of-grays-but-there-s-still-truth/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [ That is another theme in the book \[Dreams from My Father\]. How do we exercise more empathy in our public discourse? How do we… ](https://sms4smile.com/quotes/barack-obama/that-is-another-theme-in-the-book-dreams-from-my-father-how-do-we/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [I can say across Europe that many principles that have been taken for granted here around free speech, and around civil liberties and an…](https://sms4smile.com/quotes/barack-obama/i-can-say-across-europe-that-many-principles-that-have-been-taken-for/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [So Americans understand the costs of war. Yet as a country, we will never tolerate our security being threatened, nor stand idly by when…](https://sms4smile.com/quotes/barack-obama/so-americans-understand-the-costs-of-war-yet-as-a-country-we-will/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [I want to thank the Greek people publicly for their humanitarian response to the crisis of so many migrants and refugees seeking safety in…](https://sms4smile.com/quotes/barack-obama/i-want-to-thank-the-greek-people-publicly-for-their-humanitarian/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [We had a farewell dinner for some of my senior staff, and generally everybody likes to talk about how cool I was.](https://sms4smile.com/quotes/barack-obama/we-had-a-farewell-dinner-for-some-of-my-senior-staff-and-generally/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [ It's good to get fresh legs in \[the White house\]. I think that it refreshes our democracy. ](https://sms4smile.com/quotes/barack-obama/it-s-good-to-get-fresh-legs-in-the-white-house-i-think-that-it/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

> [Believe it or not, entertainment is part of our American diplomacy, it is part of what makes us exceptional, part of what makes us…](https://sms4smile.com/quotes/barack-obama/believe-it-or-not-entertainment-is-part-of-our-american-diplomacy-it/)

[Barack Obama](https://sms4smile.com/quotes/author/barack-obama/)

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                        "text": "In the midst of this enormous economic crisis, I think Canada has shown itself to be a pretty good manager of the financial system and the economy in ways that we always - haven't always been here in the United States.",
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                        "text": "Keep in mind that, when I came in, we had had a crisis that was the worst we've seen since the 1930s, and working with people like Chancellor Merkel, working with the G-20 and other institutions internationally, we were able to stabilize the financial system, stabilize the US economy and return to growth.",
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                        "text": "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure... It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies.",
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                        "text": "I've said to [Donald Trump], and I think others have said to him that the day that he is the President of the United States, there are world capitals and financial markets and people all around the world who take really seriously what he says, and in a way that's just not true before you're actually sworn in as president.",
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                        "text": "I have no interest in increasing the size of government. I just want to make sure we have got a smart government that is regulating, for example, the financial institutions smartly, so I don't have to engage in any kind of bank bailouts.",
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                        "text": "In the absence of sound oversight,responsible businesses are forced to compete against unscrupulous and underhanded businesses, who are unencumbered by any restrictions on activities that might harm the environment, or take advantage of middle-class families, or threaten to bring down the entire financial system.",
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                        "text": "Beside the two wars he inherited in Iraq and Afghanistan, and promised to end, a financial crisis at home had pushed the United States to the brink of another Great Depression. When we spoke with the new president in March of 2009, the economy was losing 800,000 jobs a month, the government was throwing hundreds of billions of dollars at failing banks, and the auto industry was on the verge of collapse. Politically pummeled from all sides, Obama did his best to keep a sense of humor.",
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                        "text": "I'd like to help struggling homeowners who can't pay their mortgages, I'd like to invest in our crumbling infrastructure, I'd like to reform the tax system so multimillionaires can't pretend their earnings are capital gains and pay at the rate of 15 percent. I'd like to make public higher education free, and pay for it with a small transfer tax on all financial transactions. I'd like to do much more - a new new deal for Americans. But Republicans are blocking me at every point.",
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                        "text": "When you've got a economy in which 40 percent of economic growth is happening in the financial sector, that turns out that was all an illusion, that it wasn't growth based on real products and services, but just a bunch of paper shuffling and a house of cards, then what's gonna emerge, at some point, is a sense of resentment, a sense that the system's rigged, and it's not working for ordinary people. And it's not fulfilling the basic American dream.",
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                        "text": "Unless we are holding ourselves accountable day in, day out, not just when there's a crisis for folks who have power and influence and can hire lobbyists, but for the nurse, the teacher, the police officer, who, frankly, at the end of each month, they've got a little financial crisis going on. They're having to take out extra debt just to make their mortgage payments. We haven't been paying attention to them. And if you look at our tax policies in America, it's a classic example.",
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                        "text": "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.",
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