He began his run for the presidency in February 2007. After a close campaign in the 2008 Democratic Party presidential primaries against Hillary Rodham Clinton, he won his party's nomination, becoming the first major party African American candidate for president. In the 2008 general election, he defeated Republican nominee John McCain and was inaugurated as president on January 20, 2009.
Market fundamentalists hold that the public interest is best served when people are allowed to pursue their own interests. This is an appealing idea, but it is only half true. Markets are eminently suitable for the pursuit of private interests,but they are not designed to take care of the common interest. [full quote][add comments][Rate][Share]