May 20, 2009: Obama signs mortgage bill into law (AP)

  • “Now, much of what caused this crisis was an era of recklessness, where short-term gains were too often prized over long-term prosperity,” Obama said. “And too often in our nation’s capital, we said the right words, we patted ourselves on the back, but ultimately failed to do what we were actually sent here to do — and that is to stand up to the special interests and stand up for the American people.”