President Obama calls on Congress to move forward on Wall Street reform

Renewing his call for Congress to move forward on Wall Street reform, this week President Obama, citing the comeback from our economic crisis and the recent debacle at JPMorgan, says:

That's why it's so important that Members of Congress stand on the side of reform, not against it; because we can't afford to go back to an era of weak regulation and little oversight; where excessive risk-taking on Wall Street and a lack of basic oversight in Washington nearly destroyed our economy. We can't afford to go back to that brand of 'you're-on-your-own' economics. Not after the American people have worked so hard to come back from this crisis.

We've got to keep moving forward.

And the president points out the obvious:

So unless you run a financial institution whose business model is built on cheating consumers, or making risky bets that could damage the whole economy, you have nothing to fear from Wall Street reform.

Left unsaid'sadly'was, "or if you count on big money donations from Wall Street."

At any rate:

That's what Wall Street reform is all about ' making this economy stronger for you. And we're going to keep working ' to recover every job lost to the recession; to build an economy where hard work and responsibility are once again rewarded; to restore an America where everyone has a fair shot, everyone does their fair share, and everyone plays by the same rules.

The president concludes with a request that you call or write your representatives in Congress and urge them to stop screwing around and do their job. So get busy.

Complete transcript below the fold.