Inaugaural24BG

Thank you, Thank you. Citizens of America, today we are gathered for the making of history. I did not make history, We made history. With the help and support of my family and the citizens of America, I have made it here today at the summit of my eminence.

In a time of crisis, the world is in our hands. We the people must strive as one, and no diversity shall exist among us. Together we will build our economy and greaten our status. Our economy is in the hands of us, no one else. Partly for those who were too optimistic in the financial market. Mostly on the part of our goverment for allowing these financial institutions to create mortgages that were not affordable by most of middle-class America. Because of the housing boom and the inflated price of real estate, it allowed these financial institutions to get creative and most of all greedy to create mortgages to lenders and sublenders which eventually would fail. When the price of the real estate started to drop and people were locked into their high-variabled interest rate mortgages, they found themselves in an irreversible situation causing foreclosures and eventually the crash of the banking industry. There needs to be better government regulations to be sure that these institutions establish credible lending packages written by the underwriters that measure the households debt to income ratio. When the debt to income ratio does not meet certain requirements then the loan should NOT be given. Avarice and greed are the main components that our nation is in this recession. This recession is not just nationwide, but worldwide. And we will have to unite as one to rebuild this nation to the nations it once was and may be. Collaborative. Competitive. Cooperative.

We are a country of limitless diversities. Our barriers have been broken, and shall remain broken for the sake of our country. Our nation has been put through the worst of times and we have always come out on top. We have been established as a nation of equality. One who shares its strengths and builds off its weaknesses. We are at the summit of a hardship, but our past has proven us worthy for any challenge, and we must stand together and represent as we all are willing to do.

Let it be heard among all countries amongst the world, that the United States of America is one that is unprecedented. We will rise to the top. The disgraceful criminals that become satisfied of the fact that preying upon harmless citizens of our country and terrorizing our home will be thrown to the bottom. We will no longer stand for violence and the abhorrent terrorists. We are America, and America will DEFEAT you.