http://www.cbsnews.com/blogs/2009/04/14/business/econwatch/entry4944206.shtmlApril 14, 2009 1:54 PM
President Obama's Sermon At Georgetown
Posted by Daniel Farber | Comments 13
(AP Photo/Gerald Herbert)
President Obama can't turn water into wine, but he is determined to change sand into rock. In a major economic speech today at Georgetown University, Mr. Obama invoked the Sermon on the Mount -- likening the economic foundations of the previous administrations to sand that is easily blown away:
"There is a parable at the end of the Sermon on the Mount that tells the story of two men. The first built his house on a pile of sand, and it was destroyed as soon as the storm hit. But the second is known as the wise man, for when '…the rain descended, and the floods came, and the winds blew, and beat upon that house… it fell not: for it was founded upon a rock.'"
Click here to read Mr. Obama's full remarks.
"We cannot rebuild this economy on the same pile of sand. We must build our house upon a rock. We must lay a new foundation for growth and prosperity – a foundation that will move us from an era of borrow and spend to one where we save and invest; where we consume less at home and send more exports abroad.".................................